TCS to Buyback Shares at 16.67% Premium Rate
In a regulatory filing, Tata Consultancy Services (TCS) has said that its board has approved buyback shares worth ₹18,000 Cr, at a 16.67% premium rate over the last trading price.…
POSCO and Adani Group Signed an Agreement for Steel Mill
South Korean steel making company POSCO, and Indian Adani Group have signed a deal to explore opportunities and to make a steel mill in Gujarat. The investment would be $5…
Indian Economy to Grow Fastest in the Emerging Markets in FY 2022-23 – World Bank Report
In its recent report, the world bank said that the Indian economy is set to grow at 8.7% in the financial year 2022-23. This will effectively make India the fastest…
Blackberry Ends its Phone Service Worldwide
BlackBerry confirmed that it has ended its phone services worldwide. The once-popular smartphone making company will no longer support operating systems for its devices. The Canadian-based company announced that the…
2022 will be the year of 5G network
In the month of December 2021, the Department of Telecommunication (DoT) confirmed that India will have the 5G network in the year 2022. Only 13 cities will have it in…
$37 Billion Worth Exports Done in December from India
Goods worth $37.29 billion were exported from India in the month of December, the highest ever in the month. Gems, petroleum items, jewellery, and engineering products were mostly in demand.…
4 Times Foldable Phones Sold in 2021: Samsung
Samsung in its blog stated that, it sold four times as many foldable phones in the year 2021 than in 2020. This also revealed that the foldable phones have not…
Periodic KYC Update Deadline Extended till March 31 by RBI
The Reserve Bank of India (RBI) has extended the deadline for Know Your Customer (KYC) updated deadline until March 31, 2022. Along with the extension of the deadline, the apex…
Foxconn’s Indian subsidiary Bharat FIH Ltd. files draft papers for 5000 Crore IPO
Foxconn's Indian unit Bharat FIH Ltd filed a draft for a proposed public listing in India with the purpose to raise around ₹5000 crores. The capital raised will be used…
Disney+ Hotstar testing new pricing plans in India
Popular over-the-top (OTT) platform Disney+ Hotstar has started the testing of two new mobile plans for India. This new strategy which is set in motion by Disney+ Hotstar is focused…
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