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58% APAC firms adopt mobile-first mindset: study

New Delhi: Nearly 58 per cent of leading organisations in the Asia-Pacific region – especially in India – are investing in mobile-based technologies to enhance front-line workers’ productivity and customer satisfaction in field operations, a new study said on Tuesday. While equipping front-line workers with enterprise mobile devices remains a priority to stay competitive, up to 44 per cent of …

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SpiceJet to start 8 new international flights

New Delhi: Budget passenger carrier SpiceJet will launch eight new non-stop international flights from Mumbai and Delhi to destinations, including Dhaka and Riyadh. With this, SpiceJet will become the first Indian low-cost carrier to connect Mumbai with Riyadh and Dhaka, and Delhi with Dhaka and Jeddah.   “Riyadh, the capital city of Saudi Arabia, earmarks SpiceJet’s 10th international destination and the …

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Lack of fiberisation to hit 5G roll-out: CRISIL

New Delhi: Switching to 5G will need massive investment in fiberisation by telecom companies and such investments in fiberised backhaul infrastructure which provides unlimited capacity and higher speeds has to gain further traction if 5G has to become reality, a report by CRISIL has said. Lack of financial bandwidth and need for massive fiberisation investment will drive telcos to hive …

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‘Action taken against 271 companies in last 3 yrs to safeguard investors’

New Delhi: In order to redress investors’ grievances, action has been initiated against 95 companies in 2016-17, 101 companies in 2017-18 and 75 companies in 2018-19 under various provisions of the Companies Act, the Lok Sabha was informed on Monday. This was stated by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman in a written reply. Citing rules, Sitharaman …

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BIZ SCAN

Jio adds most subscribers in April; Airtel, VIL lose NEW DELHI: Continuing its growth trend, Reliance Jio added around 80.82 lakh subscribers in April, showed data released by the Telecom Regulatory Authority of India (TRAI) on Monday. Jio’s subscriber base stood at around 31.48 crore at the end of April, it said. State-run BSNL was the only other gainer with …

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Railways mulls to run Delhi-Mumbai, Delhi-Howrah trains at 160 kmh

New Delhi: In a bid to reduce travel time, the Indian Railways, under its 100-day action plan, envisages increasing the speeds of trains on the Delhi-Mumbai and Delhi-Howrah routes at an investment of over Rs 13,500 crore, officials said. A senior railway ministry official told IANS, “In a proposal approved by Railway Minister Piyush Goyal, the Railways plans to increase …

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India well placed to deal with global trade crossfire: Goyal

PTI New Delhi Commerce and Industry Minister Piyush Goyal Friday said India is well placed to handle the “crossfire” resulting from global trade war on the strength of the country’s economy. At a time when the world is witnessing trade wars across nations, India too will be impacted. “Obviously, in a situation when the world is seeing trade wars across …

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Niti asks 2, 3-wheeler makers to present EV conversion plan in 2 weeks

PTI New Delhi Government think-tank Niti Aayog has asked conventional two- and three-wheeler makers to suggest within two weeks concrete steps towards transition to electric mobility keeping in mind 2025 deadline, according to sources. At a meeting of the manufacturers and start-up electric vehicle (EV) makers called by Niti Aayog on Friday, the industry was cautioned that if they do …

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GST Council extends anti-profiteering authority’s tenure

PTI New Delhi The all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of up to 10 per cent on entities not passing on benefits of GST rate cuts to consumers. Briefing reporters after the 35th meeting of the Council, Revenue Secretary A B Pandey said it has been decided …

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Railways want subsidy to go on train tickets

IANS New Delhi Determined to increase its earnings, the Indian Railways is mulling implementing a “give it up” scheme asking passengers to sacrifice the subsidy on train tickets. A senior Railway Ministry official aware of the development told IANS, “The railways have submitted a 100-day plan to the Prime Minister’s Office (PMO) to increase the earnings.” The official said the …

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