Hyderabad: Amazon Web Services (AWS) will invest Rs 20,761 crore to set up multiple data centres in Hyderabad, the Telangana government announced on Friday. Telangana's Minister for Information Technology and Industry K.T. Rama Rao said this would be the largest foreign direct investment in the history of Telangana. AWS will...
Tata Motors introduces Harrier CAMO edition of its flagship SUV
Kolkata: Tata Motors, India’s leading automotive brand, today announced the launch of the CAMO, a special edition of Harrier- its flagship SUV, this festive season. The Harrier CAMO edition is the ultimate personification of the SUV, unifying all product aspects into a single, high-presence design.The all new CAMO Green is...
Bank of India’s profit surges over two-fold jump in September quarter
New Delhi:Bank of India on reported over two-fold jump in September quarter consolidated net profit at Rs 543.47 crore, backed by the low bad assets. The bank posted a net profit of Rs 257.31 crore for the same quater a year ago. Its total income rose to Rs 12,477.79 crore...
About 75 pc of industry workforce may continue to work from outside office: IT Secretary
New Delhi: The information technology (IT) industry may not get back to the old style of working from the office and around 75 per cent of the workforce may continue to work from outside office going ahead, Ministry of Electronics and Information Technology (Meity) Secretary Ajay Prakash Sawhney said on...
You get lowest personal loan rates in these banks
Nowadays, taking a loan has become easier. Financial facilities of our country are becoming better day by day. Thanks to the development of the banks and their understanding of customers' growing needs and requirements. Personal loans rates as far as lowest can help more customers borrow money for their personal...
RBI allows banks, NBFCs to co-lend to priority sectors
New Delhi: "In terms of the CLM, banks are permitted to co-lend with all registered NBFCs (including HFCs) based on a prior agreement. The co-lending banks will take their share of the individual loans on a back-to-back basis in their books," the RBI said in its communication to all banks...
Tips to keep a crisis fund ready
An emergency fund or reserve is the need of the hour these days. We live in coronavirus times where anything can happen to anyone. Hence, a good financial plan must include an emergency corpus to move towards a stable and secured life. It also gives peace of mind to the...
India smartphone market grows 17 percent to hit 54.3mn units in Q3: IDC
Mumbai: Smartphone shipments in India reached 54.3 million units in the third quarter of this year, a growth of 17 per cent year-over-year, showed data from industry tracker International Data Corporation (IDC) on Friday. India was the only smartphone market in the top 3 to witness growth, as both the...
With ration cards cancelled, government promises a solution
In order to prevent frauds and also give rations at affordable rates to the poor population of the country, the government has cancelled 4.39 crore ration cards in the last seven years. The Ministry of Consumer Affairs, Food & Public Distribution said that the decision has been taken so that...
China’s entry into 5G – Yes or not, government yet to decide
Union Home Secretary Ajay Kumar Bhalla has said on Friday that the government is indecisive on whether Chinese telecom companies will be a part of the 5G trials in India. However, he also recognized that the penetration of the Chinese country in the existing network is too huge. Bhalla however...