Telecom Minister Manoj Sinha said the government was working towards completing the mega spectrum auction, which can fetch the exchequer revenues of Rs.5.60 lakh crore going by the reserve price/NG
The Ministry of New and Renewable Energy is working on a ‘quality order’ to make it compulsory for all solar water heaters installed in buildings to be certified by the Bureau of Indian Standards./NG
Tata Motors Group sold 92,551 cars units globally in June 2016 — an increase of 21 per cent over the same period last year. The company sold 261,262 units for the fiscal year ended March 2016, an increase. /ng
The Software-as-a-Service (SaaS) market in India is expected to triple to about $1 billion by 2020, according to a research report by Nasscom. The demand will mainly be driven by business’ looking forward./ng
Tata Motors shares rose by over 2 per cent after the company’s Jaguar Land Rover reported 22 per cent jump in global retail sales in first half the year. /ng
Infrastructure major Larsen & Toubro (L&T) has said that its construction arm has won orders worth Rs 3,598 crore across various business segments./ng
Samsung Electronics said Thursday that its second-quarter operating income jumped 17 percent over a year earlier to the highest quarterly profit in more than in the last two years, as strong sales / ng
The government is mulling a raise in foreign direct investment limit in newspapers and periodicals to 49 per cent from 26 per cent at present. Currently, the FDI policy permits 26 per cent foreign money.
Tata Steel evaluates JV route to revive European steel business: Cyrus Mistry led Tata Steel Ltd has decided to seek strategic joint ventures with leading international steel makers including with German industrial group Thyssenkrupp AG for its European business.