The Ministry of Power said there is no impact on functionalities of POSOCO due to any malware attack that prompt actions are taken on advisories issued against such threats. A private US company suggested that a China-linked group targeted India’s power grid system through malware which will damage the computer network. The ministry said on […]
Category Archives: Business
Apple is functioning on four different models of the iPhone 13 which it plans to release within the last half of the year. The 2021 line-up will succeed the highly successful iPhone 12 series, which could feature a smaller notch as well as 120Hz displays for all its “Pro” models. The iPhone 13 series will […]
FMCG companies added about 10 distributors on average every day since January last year to reach consumers directly through their dealers instead of using wholesalers. India had a record 12,192 distributors in January this year, a 42% increase from 8,575 a year ago, according to Bizom, a sales automation firm that transacts with 7.5 million […]
In the first initiative in the masterpiece of the Persian Gulf Region, India will be preparing to participate in the United Arab Emirates (UAE) largest anti-aviation missile service by airplanes and airlines this month. On Wednesday the IAF will deploy six Sukhoi-30MKI fighters, two C-17 Globemaster-III aircraft, and an estimated 125 personnel to exercise at […]
JPMorgan Private Bank’s executive director and global market strategist Julia Wang says rising bond yields, as well as a little more inflation at this point in the economic cycle, are ‘healthy signs’ as the global economy is recovering from the COVID-19 pandemic. The yield on the benchmark 10-year Treasury note saw a rapid rise to […]
All existing contracts for mobile catering services providing cooked food to passengers have been cancelled by Indian Railway’s catering and ticketing department. The decision was made in the context of a new normal in which special trains serve ready-to-eat meals. Indian railways declared in a regulatory filing on Monday that all existing contracts of mobile […]
CEO and founder of Zoom, Eric Yuan, whose business showed exponential growth during the pandemic, says “working from home is here to stay”. The video conferencing company expect sales to rise from more than 40% in 2021, reaching more than $3.7 billion. The company said it does not expect growth to continue at the same […]
On the back of various government measures to improve compliance, goods and service tax collections in February totaled Rs 1.13 lakh crore, up 7% from the same month last year. The department of revenue announced on Monday that revenue collection had surpassed Rs 1 lakh crore for the fifth time in a row and had […]
In the Union Budget 2021, the Government announced that the second phase of the Swachh Bharat Mission focuses on waste segregation and sewage management in those cities that have a population of less than 1lakh. The sixth edition of the Annual Swachh Survekshan was launched by the Ministry of Housing and Urban Affairs. The financial […]
Bharat Petroleum Corporation (BPCL) has agreed to sell its entire 61.65% stake in Numaligarh Refinery (NRL) to a consortium of Oil India (OIL) and Engineers India (EIL), as well as the Assam government, for nearly Rs. 9,876 crore. The sale of Numaligarh Refinery, Ltd. clears the way for the privatization of India’s second-largest fuel retailer. […]