BUSINESS

Reliance Jio will pioneer India’s ‘5G Revolution’: Mukesh Ambani
Newsmen Business Desk -
While addressing the inaugural session of India Mobile Congress (IMC), Ambani said that there was a requirement of appropriate policy measures for the early rollout of the fifth-generation (5G) connectivity technology.
Small businesses still suffer closures, reduced sales: Facebook
IANS -
While some small and medium businesses (SMBs) have seen a gradual improvement, the pace of economic recovery has slowed significantly in recent months.
Domestic poultry industry likely to post healthy FY21 profits: ICRA
IANS -
The rating agency said that domestic poultry industry bounced back smartly since June 2020 after grappling with a tough period in the last two months of FY20, amid rumours of chicken consumption's linkage to Covid-19 leading to a sharp decline in broiler demand and realisations.
L&T wins multiple orders for construction, mining equipment business
IANS -
These orders are for the supply of 66 units of Komatsu 100 Ton and 60 Ton Dump Trucks, 15 units of Komatsu Wheel Loaders, 7 units of Komatsu Hydraulic Excavators and allied equipment.
GST payers now to fill just 4 GSTR-3B forms instead of 12
IANS -
Come January 1 and GST payers would need to fill only 4 GSTR-3B returns in a year instead of 12 returns at present.
NTPC signs MoU with IIFM for Narmada restoration project
IANS -
The country's largest power producer NTPC Ltd has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Forest Management (IIFM), Bhopal, to implement the Narmada Landscape Restoration Project.
Cisco to acquire UK-based software firm IMImobile for $730mn
IANS -
Global networking giant Cisco on Monday announced to acquire UK-based software firm IMImobile for $730 million, with an aim to provide a seamless end-to-end customer interaction management solution.
IndiGo to complete pending credit shells' payments by Jan 31
IANS -
According to the airline, since the resumption of operations in May, IndiGo has been rapidly refunding amounts owed to customers whose flights had been cancelled during the lockdown.
RBI's directive credit negative for HDFC Bank: Moody's
IANS -
According to Moody's Investors Service, the move is credit negative as the bank is increasingly relying on digital channels to source and service its customers.
Electricity trading grows 61% in Nov as economic activity picks pace
IANS -
According to the data published by National Load Despatch Center (NLDC), the national peak demand in November saw an increase of 3.2 per cent YoY while the energy consumption registered 3.15 per cent YoY growth.
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