POWERGRID bags 3 SPVs through TBCB for transmission system projects
The Power Grid Corporation of India Limited (POWERGRID) acquired three Project Special Purpose Vehicles (SPVs) for various transmission system projects. The corporation bagged the projects after competing with other private sector players in which the CPSU, under the Ministry of Power, emerged as a successful bidder in the Tariff Based Competitive Bidding Process (TBCB) conducted […]
Petrol and diesel prices on March 16
The petrol and diesel rates remained unchanged on Thursday. Oil Marketing Companies revise the fuel prices based on the most recent market trends every morning at 6 am. The fuel prices are not controlled by the government. The OMCs need to adjust their prices. The Central government regulates fuel prices through excise duty, base prices […]
US big businesses support President Biden’s price cuts in rare gesture
Corporate America has, in an unusual and rare gesture, cast aside its “profit for business” capitalist outlook and come out in support of President Joe Biden’s campaign against high consumer prices, especially since his powerful pleas to reduce costs in his State of the Union address. Just weeks after Biden used the State of the […]
Lt Governor launches Jio True 5G Services for J&K
5G services will play an active role in socio-economic development, enable integrated action for prosperity and bring transformational benefits to the people: LG LG congratulates the citizens of J&K on the launch of 5G services 5G technology for the common man will realize the Hon’ble PM’s vision of Digital India and give a boost […]
Mukesh Ambani led RIL to invest Rs 75k crore in UP
Prime Minister Narendra Modi on Friday inaugurated the three-day long Uttar Pradesh Global Investors Summit ( GIS) here. In the opening session of UP Global Investors Summit-2023, many well known businessmen shared their views and investment plans to help UP in achieving $ 1 trillion economy goal by the next five years. “I can confidently […]
238 Indian cities get 5G services: Ministry of Communication
The government has established a road map to make 5G services available in different parts of the country through rollout obligations, quoting a press release by the Ministry of Communications ANI reported. Telecom Service Providers (TSPs) have started providing 5G services in the country from 1 October 2022, said a press release by the Ministry […]
Airtel 5G Plus live in seven cities of J-K
Bharti Airtel, telecommunications services provider, today announced the launch of its cutting-edge 5G services in Samba, Kathua, Udhampur, Akhnoor, Kupwara, Lakhanpur & Khour, via an exchange filing, reported Free Press Journal. Airtel’s 5G services are already live in the cities of Jammu and Kashmir. Airtel 5G Plus services will be available to customers in a […]
About 3,000 tech employees being fired a day on average in Jan: Report
New Delhi: With more Big Tech companies like Microsoft and Google joining the ongoing layoff season, about 3,000 tech employees are now being laid off per day on average in January globally, including in India. The sacking episodes have gained speed amid global economic meltdown and recession fears. More than 65,000 employees have been sacked […]
Microsoft to lay off nearly 11K employees this week: Report
Tech giant Microsoft is joining the ongoing layoff season at tech companies, and is reportedly set to fire nearly 11,000 employees this week amid the global economic slowdown. Sky News reported that Satya Nadella-run company is “finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown”. Microsoft employs […]
91 tech companies lay off over 24K employees in Jan to date
The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead. About 24,151 tech workers lost their jobs, dominated by companies like Amazon, Salesforce, Coinbase and others, according to layoff tracking website […]