New Delhi : The Indian Energy Exchange (IEX) announced it has raised an amount over Rs 300 crore from anchor investors, ahead of its initial public offering (IPO) on Monday. IEX plans to raise Rs 1,001 crore through an IPO, for which it has fixed a price band of Rs...
Mumbai : The Indian service sector's output expanded in September, due to "renewed increases in new business", a key macro-economic data showed on Thursday. The seasonally adjusted Nikkei India Services Purchasing Managers Index (PMI) Business Activity Index rose from...
Chandigarh : The Centre on Thursday sanctioned a Cash Credit Limit (CCL) of Rs 28,262.84 crore for paddy procurement in Punjab this kharif season that will last till October-end, official sources said. Chief Minister Amarinder Singh's personal intervention in the...
Addis Ababa : Highlighting India's increasing engagements with Africa, President Ram Nath Kovind on Thursday said that India is among the three largest investors in Ethiopia, the East African nation with which New Delhi has had diplomatic ties for nearly 70 years now....
By Venkatachari Jagannathan, Copenhagen : Danish waste water treatment company Aarhus Vand A/S is looking at India's Smart Cities project to lend its expertise in setting up integrated sewage treatment plants with a focus on generating power, company officials said....
New Delhi : Recent reports that Tata Teleservices is headed for closure has once again underlined the tremendous stress India's telecom sector is under -- and the need for quick government intervention to bail out what was once a booming business. The fate of Tata...
By Vishav, Shenzhen (China) : Indian mobile phone manufacturer Lava International plans to target the sub-10k market segment while also investing in research and development (R&D) of new and unique designs and features for its phones to take on its competitors....
New Delhi : Chinese smartphone maker COMIO, which entered the Indian smartphone market last month, on Friday said it has sold 20,000 handsets in two weeks. COMIO's three smartphones -- P1, S1 and C1 -- went on sale through retail stores in north India and online...
New Delhi : Energy Efficiency Services Limited (EESL) on Friday said that it will procure 10,000 electric vehicles from automobile major Tata Motors. According to EESL, Tata Motors was selected through an international competitive bidding aimed at increased...
By Sourabh Kulesh, New Delhi : When it comes to mid-segment smartphones with loads of impressive features, Xiaomi's name pops up first -- and why not? The China-based manufacturer rules the low- and mid-segment smartphone market in the country. While every other brand...