USOF considering a scheme to fund wireline internet connections for rural homes

USOF considering a scheme to fund wireline internet connections for rural homes

The government is mulling a scheme to provide the funding support to telecom companies for taking wireline internet connections to rural households, a senior official said on Tuesday. While speaking at a Broadband India Forum event and Universal...

How Businesses Can Avoid Bankruptcy?

How Businesses Can Avoid Bankruptcy?

Managing a business can be a terrifying and potentially unrestrained journey. Eager to generate impressive profits, maintaining the financial health of the organization is extremely crucial for an entrepreneur. Leveraging between the...

LIC IPO set to open on May 4 and close on May 9

LIC IPO set to open on May 4 and close on May 9

The country’s largest initial public offering (IPO) of Life Insurance Corporation (LIC) is set to be opened on May 4 and will close on May 9. The anchor book is slated to open on May 2 but the issue will open for retail investors two days...

Union Bank Introduces Automated Solution to Keep an Eye on Stressed Loans

Union Bank Introduces Automated Solution to Keep an Eye on Stressed Loans

Union Bank of India expects to speed up the recovery of bad loans using a first-of-its-kind stressed asset recovery automated solution (SARAS) that will help enforce securities, track recoveries and enhance monitoring of stressed assets. Chief...

India’s Sprng Energy nears 1.8-billion-dollar sale deal with Shell Plc

India’s Sprng Energy nears 1.8-billion-dollar sale deal with Shell Plc

Sprng Energy Pvt is nearing a deal for Shell Plc in order to acquire the Indian renewable power producer for about $1.8 billion including debt, people with knowledge of the matter said. An agreement between Sprng’s private equity owner...

DoT plan for foreign companies, Easing investment and spectrum bid norms

DoT plan for foreign companies, Easing investment and spectrum bid norms

The next set of reforms for telecom sector, set to be announced before the quarter ends in June and it is likely to further ease the norm on allowing foreign companies to start telecom services in India. This will be over and above the 100 per...

Bitcoin Explained (2022)

Bitcoin Explained (2022)

The most popular cryptocurrency in the world, Bitcoin, is still the market leader. It has a huge market cap and is considered the oldest cryptocurrency. It also has a huge market cap and is expected to continue growing in value in the future. The...

FM Sitharaman Restates Call for Tech and Fund Transfer to Fight Climate Change

FM Sitharaman Restates Call for Tech and Fund Transfer to Fight Climate Change

Finance minister Nirmala Sitharaman has restated India's call to transfer low-cost technology and increased funding to developing countries to fight climate change at the International Monetary Fund (IMF) plenary and reaffirmed India's...

IMF urges India to pay attention to food security, states ‘households in pain’

IMF urges India to pay attention to food security, states ‘households in pain’

A day after it cut India's FY22 growth rate projection to 8.2 per cent, the International Monetary Fund (IMF) has drawn attention of Indian households' pinched pockets. It has called on the government in order to prioritise food security...

India’s high growth rate 'positive news' for world: states IMF

India’s high growth rate 'positive news' for world: states IMF

International Monetary Fund (IMF) chief Kristalina Georgieva on Wednesday has lauded India's high growth rate, as projected in the latest World Economic Outlook, saying that it is positive news for the world. "India is one of the...

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