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Domestic investors were predominantly responsible for the success of the LIC IPO said Tuhin Kanta Pandey, secretary of the department of investment and public asset management (DIPAM) on Monday after the IPO closed with 2.95 times subscription. He added that the success of the IPO showed that India’s capital markets and investors had capacity […]
NEW DELHI : The Union Cabinet Saturday approved foreign direct investment (FDI) of up to 20% under the automatic route in Life Insurance Corporation (LIC) of India, according to people aware of the development, paving for a smoother road ahead of its initial public offer planned for next month. “FDI up to 20% under the […]
The goal of the Atmanirbhar Bharat, or self-reliant India campaign is to make India one of the biggest military powers in the world by developing a modern military industry in the country, said Prime Minister Narendra Modi Friday as he inaugurated seven new Defence Public Sector Units (DPSUs). The units have been carved out of […]
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Most Indians may not get the opportunity to die for the country, but by dedicating themselves to the development of the nation, they can live for the country and that is real patriotism, Union Home Minister Amit Shah said Saturday. The minister was addressing an Azadi ka Amrit Mahotsav programme organised by the National Security […]
Paras Defence & Space Technologies Limited, an Indian private sector company, has launched its initial public offering on Tuesday. Four major segments the company caters to include defence and space optics, defence electronics, electro-magnetic pulse, protection solution and heavy engineering. Defence has remained a focus area for the government and Indian companies are seen as […]
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NAGPUR: Fear looms in the minds of young Nagpur children as they are uncertain about how will they continue with their studies in the near future. Students from Nagpur’s Danteshwari Nagar slum find it difficult to study due to the lack of smartphones availability and data pack charges. Laxmi, a student residing in the slum […]
Fireside, the Made in India app and Clubhouse rival, has crossed over one lakh downloads on the Google Play app nearly a week after launch. The audio-based chat app developed by founders of short video platform Chingari had also released the app Apple App Store store for free; however, its iOS-specific download figures remain unclear. […]
Image used for representation. 5G trials are currently going in India. Authorities had confirmed that Chinese vendors would be kept out of the trials. The Department of Telecommunications (DoT) recently said that the approvals for 5G trials have been given in India and that telecom companies would be allotted a 5G spectrum for the trials. […]
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India is now one step closer to having 5G mobile networks in the country. The Department of Telecommunications, Ministry of Communications of the Government of India has said that the approvals for 5G trials have been given and that telecom companies will be allotted 5G spectrum for the trials, sometime this week. This means that […]
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NEW DELHI: The Indian companies say that data sovereignty and Atmanirbhar Bharat (self-reliant India) campaign should be centered around the deployment of ambitious 1,900 kilometres long fibre-based submarine cable systems between mainland Kochi and Lakshadweep Islands while the bids invited by the Bharat Sanchar Nigam Limited (BSNL), an implementing agency, has contradicted the Principal Scientific […]
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