A government mandate requiring central public sector enterprises to use the Trade Receivables Discounting System (TReDS) for settling small business invoices is expected to significantly increase volumes on these platforms.
In recent times, there have also been instances of GPS spoofing and interference incidents at Delhi, Mumbai, Kolkata, Amritsar, Hyderabad, Bangalore and Chennai airports.
Xchanginghas agreed to buy Indian rival Cambridge Solutions in a deal it hopes will transform it into one of the world's largest business process outsourcers to the private sector.
MSR India and MSIDC see collaborations in the fields of software engineering, multilingual systems, mobile networks and applications
Pravah, Voluntary Service Overseas and British Council are conducting the Global Xchange programme, a volunteer exchange programme for young people between 18 and 25 years old.
The upcoming centre will be spread over 37 acres and is expected to be operational by the first quarter of next year, said David Andrews, CEO of Xchanging. Xchanging is also in talks with at least three top Indian corporate houses to enter the domestic outsourcing market.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
E-commerce giant Amazon on Thursday announced a $250 million (about Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and driving innovation in the areas of agri-tech and health-tech in India. "Small and medium sized businesses are often the engine and the lifeblood of economies and I think it's true in India as well. "And we are very passionate about trying to enable acceleration of SMBs in fuelling innovation and the economy in India," Amazon Web Services CEO Andrew Jassy said.
RCom's stock opened the day on a positive note and further gained 3.74 per cent to Rs 143.90 on the BSE.
The NBA champion Dallas Mavericks continued their roster changes on Tuesday by trading away Spanish guard Rudy Fernandez and forward Corey Brewer to the Denver Nuggets.
In an online chat with Get Ahead readers Ramaswamy Kavalapara, HR Head, Xchanging India offered tips on how they could make a winning career in the information technology sector.
In addition to that, an increasing number of airlines like SpiceJet, national carrier Air India and GoAir are either getting into hedging of aviation turbine fuel or increasing the quantum of ATF hedged on the MCX. Last month, state-run Indian Oil Corporation approached MCX to provide it with a platform to hedge its refinery margins and end products from crude oil.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
An entrepreneur must have the courage to act on great ideas and plans, says Satanik Roy.
The auction follows aggregate overseas investments in government debt securities yesterday reaching Rs 1,21,271 crore (Rs 1,212.71 billion), which is 97.46 per cent of total permitted limit of Rs 1,24,432 crore (Rs 1,244.32 billion).
Gains in financial shares capped further downslide.
RCom had net debt of about Rs 40,222.6 crore at the end of June 30.
When things get really tough, it doesn't matter if one has been good strategist managing big companies or if one loves management. It all comes down to grit and passion says Satanik Roy.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
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