New Delhi : Eyeing the growth-driven Cloud, Internet of Things (IoT) and 5G markets, Shenzhen-based Huawei on Friday reported net profit of 47.5 billion yuan ($7.3 billion) for 2017, an increase of 28.1 per cent year-on-year, and registered revenue of 603.6 billion...
Bengaluru : Canadian institutional fund CDPQ on Thursday said it had invested $20 million in Indian venture Fundamentum, promoted by Infosys co-founder Nandan Nilekani and Helion founder Sanjeev Agarwal. "La Caisse de depot et placement du Qurbec (CDPQ) joins...
By Taponeel Mukherjee, The "Global Energy & CO2 Status Report", published by the International Energy Agency (IEA), states that "renewable energy saw the highest growth rate of all energy sources in 2017 and met around a quarter of global energy demand growth" --...
By Taponeel Mukherjee, As large institutional investors with operational capacities plough money into Indian infrastructure, it is important that we also keep an eye on attracting the relatively small, non-operating investors as well. Mobilising capital from a variety...
By Gaurav Sharma, Beijing : About 350 Chinese companies on Friday attended a seminar about the opportunities to invest in India's electronics sector. The event was organised in the city of Shenzhen, also called China's Silicon Valley. Ajay Sawhney, Secretary, Ministry...
New Delhi : In a step towards a cleaner environment, the number of coal-based fired power plants under development have seen a steep decline, especially in India and China, a report said on Thursday. The report, however, warns that despite a global coal phase-out...
New Delhi : With the digital payment space growing manifold in India, Microsoft is soon enabling digital payments services in its enterprise social network app "Kaizala" in the country. Payment integration -- via third party mobile payment infrastructure -- with...
By Saurabh Katkurwar, New Delhi : Wheat production in the country could this year achieve the long-cherished target of 100 million tonnes (MT), thanks to the conducive climatic conditions throughout the season, especially in March when the grain ripens. If farmers and...
Kolkata : ICICI Securities, which will open its Rs 4,017 crore of initial public offering (IPO) on Thursday, is focusing on business of distribution of financial products like mutual funds to diversify its revenue mix. "The company's brokerage income as a proportion...
By Rituraj Baruah, New Delhi : After four consecutive years of slump and low demand in the real estate sector, market participants believe 2018 will be a year of revival as the sector has finally shed the impact of demonetisation, Goods and Services Tax (GST) and the...