Jobs at RCom reduced by 94% to 3,400 from 52,000 at its peak

RCom, which is reeling under debt of around Rs 45,000 crore, closed it mobile services business in January this year and continues to provide B2B services. Read more »

Airtel plans Rs 24,000 crore capex in FY19 to stay ahead in the 4G game

The telco in an analyst presentation said that to achieve its target, it has plans to entice customers to upgrade to 4G -with their device partnerships and special offers. Read more »

Telecom industry body opposes Trai recommendations on public WiFi

Trai has mooted concept of public Wi-Fi to offer a seamless data connectivity to end users and allow small entrepreneurs to set up and maintain access points as PDO. Read more »

Gujarat to become 1st state with 100% piped gas network

Gujarat has also decided to offer a subsidy to households belonging to weaker economic sections of society to avail cooking gas through CGD network in order to raise household penetration. Read more »

India discusses ‘Oil Buyers Club’ with China; seeks US crude to counter OPEC

Production cuts by OPEC led to international oil prices hitting a four year high last month forcing India to raise prices of both petrol and diesel. Read more »

Securitisation volumes down 7.2% in FY18 on GST ambiguity: Report

A shift within banks to priority sector lending certificates (PSLCs) to meet their shortfalls also dented the prospects of the securitisation, the report by ratings agency Crisil said. Read more »

NPPA fixes prices of 22 drug formulations

While National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices of 20 formulations, it has also capped the ceiling prices of two formulations, a notification on the regulator's website said. Read more »

Bengal truckers to go for indefinite strike from June 18

Federation of West Bengal Truck Operators Association said its 3.71 lakh members will join the agitation in support of the countrywide truck strike Read more »

Jet Airways to commence regional connectivity services from Lucknow

'UDAN' stands for 'Ude Desh Ka Aam Nagrik' - a Regional Connectivity Scheme (RCS) launched by the central government. Read more »

Patanjali food park: Uttar Pradesh government seeks more time for grant of sub-lease

According to reports, around 455 acres of land was allocated for the Patanjali Food and Herbal Park in Greater Noida. Read more »