Reliance Jio, the telecom giant of India, has become the world’s largest mobile operator in terms of data traffic, surpassing China Mobile. The announcement came on Monday as Jio revealed its quarterly results, showcasing staggering numbers and milestones achieved in various segments. As of March 2024, Jio boasts a subscriber base of 481.8 million, out […]
Bata India on Thursday reported a 30.3 per cent decline in its consolidated net profit at Rs 57.9 crore for the December quarter of FY24 compared to Rs 83.1 crore a year back. The company’s revenue stood at Rs 903.4 crore, increasing 0.35 per cent from Rs 900.2 crore in the year-ago quarter, Bata India said […]
The Unified Payments Interface (UPI) has shattered records by processing over 100 billion transactions, as revealed by data from the National Payments Corporation of India (NPCI). Operating alongside other payment processing infrastructure, UPI witnessed 54 per cent year-on-year (YoY) growth in transaction volume and 42 per cent surge in transaction value for December 2023. The […]
HCL Technologies (HCLTech) has appointed Sonia Eland as the executive vice president and country manager for its Australia and New Zealand operations, effective from 1 April 2024. Eland will succeed Michael Horton, who, after nearly 10 years, transitions to a consulting role. During his tenure, Horton played a crucial role in establishing HCLTech as a […]
In an era marked by rapid technological advancement and digital transformation, even street vendors can harness the power of the digital revolution to expand their customer base and improve their businesses. Traditionally, street vendors have relied on foot traffic and local word-of-mouth to attract customers. However, by embracing digital tools and strategies, they can significantly […]
‘What matters is the unique ideas of micro, small and medium enterprises (MSMEs) and we are here to support you, said Manish Tiwary, Country Manager, India Consumer Business, Amazon India. While speaking at the India SME Forum event, Tiwary stressed that the most important thing for any business owner is to focus on the customer. […]
Reliance Retail Ventures (RRVL) announced on Monday that the global investment firm KKR, through an affiliate, will invest Rs 2,069.50 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in […]
Tata Consultancy Services (TCS) on Wednesday unveiled a groundbreaking strategic partnership with the Digital unit of Jaguar Land Rover (JLR). The deal, valued at a staggering GBP 800 million (USD 1 billion), is set to unfold over the course of the next five years and is expected to drive significant transformations within the automotive giant. […]
IT major Infosys has clinched a groundbreaking five-year deal extension with Europe-based telecom and communications giant Liberty Global, valued at EUR 1.5 billion (approximately USD 1.64 billion) for the initial engagement period. The partnership will see Infosys take charge of the construction and operation of Liberty Global’s Horizon entertainment and connectivity platforms. This new deal […]
Reliance Industries (RIL) on Monday acquired 33.33 pc stake in Brookfield Infra-Digital Realty data center business in India. RIL entered into an agreement with Brookfield Infra and Digital Realty in their Indian SPVs set up for developing data centres in India. As per the RIL’s official statement, it will hold a 33.33 per cent stake […]
