Reliance Industries (RIL) chairman, Mukesh Ambani has announced to invest a whopping ₹2 lakh crore to build its Pan-India true 5G network. The Reliance Jio Infocomm has prepared an ambitious and fastest ever 5G rollout plan for the country. Jio plans to roll out Jio 5G by this Diwali 2022 in metropolises of Delhi, Mumbai, Kolkata, and Chennai. He also […]
Reliance Industries to infuse ₹2 lakh cr in Jio 5G Read More »
AMG Media Networks Limited (AMNL), a subsidiary of Adani Group has indirectly acquired a 29.18% stake in media and news broadcaster New Delhi Television (NDTV). AMG Media Networks (AMN) would acquire 29.18% of NDTV through an investor in the channel, Vishvapradhan Commercial (VCPL). VCPL will have to make an open offer to acquire 26 % of NDTV
Life insurance corporation (LIC) has has reduced shareholding in Sun Pharmaceuticals by selling 2% stake, in the company for about Rs 3,882 crore, to 5.024%. The shares were sold through open market transactions during the period from May 17,2021 to July 22, 2022. As per the norms of Sebi, listed companies are required to intimate the stock exchanges when their
Mastercard would replace Paytm as the title sponsor for all international and domestic cricket matches, organised by the Board of Control for Cricket in India (BCCI). The board has accepted the plea of Paytm for the reassignment of its title rights. Since 2015, Paytm has been the title sponsor of BCCI and renewed the contract in August 2019. The
Mastercard replace Paytm as title sponsor for all BCCI matches in India Read More »
Nasscom Foundation has joined hands with Google to set up a call centre named “DigiVaani Call Center”, in collaboration with a not-for-profit body Indian Society of Agribusiness Professionals (ISAP). Aim: To help women farmers scale up their business. This pilot project is being conducted in six states — Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan. Nasscom Chairperson: Krishnan
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Ola Electric has unveiled India’s first indigenously developed lithium ion cell. The company will begin mass production of the cell (NMC 2170) from its Chennai-based Gigafactory by 2023. The company was recently allocated 20GWh capacity under the ACC PLI scheme by the govt for developing advanced cells in India. The Ola Electric had launched its first electric vehicle
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Google has announced the launch of Startup School India (SSI) as part of the Google for Startups initiative. Through this platform, the Google will bring together investors, successful entrepreneurs and programmers. Aim: To reach out to at least 10,000 startups with this programme. This is a nine-week program, which will be delivered virtually. India is the third largest startups
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Dabur India promoter Burman family has now become official promoter of Eveready Industries. The investment firms of the Burman family entities had acquired a 14.55% share of Eveready Industries from the open market and now collectively own a majority stake. Prior to this, the family had acquired a 23.83% stake in Eveready Industries. Besides Dabur, the Burman family owns other
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Max Life Insurance Company Ltd has launched a smart solution, ‘Insta confirmation of insurance (Insta-COI)’+, to customers buying the ‘Max Life Smart Fixed-return Digital Plan’. This is a non-linked, non-participating, individual life insurance savings plan on Max Life website or Policybazaar platform. It enables intimation to the customer regarding the commencement of the risk cover pending release of the policy contract
Max Life launches Insta confirmation of insurance (Insta-COI)+ Read More »
The Life Insurance Corporation of India (LIC) has launched Dhan Sanchay, a non-linked, non-participating, individual savings life insurance plan . This plan offers financial assistance to the family in the event of the life assured’s untimely death within the policy’s term. It also offers a guaranteed income stream from the date of maturity until the end of the payout period. LIC
LIC India launches Dhan Sanchay life insurance plan Read More »
