Centre proposes guidelines for e-commerce firms, national policy soon

The Consumer Affairs Ministry has sought views of stakeholders on the draft guidelines on e-commerce by 16 September. Meanwhile, the government is planning to come out with a national e-commerce policy soon. Continue Reading

Industry slowdown forces Maruti to cut temporary workforce

Maruti Suzuki has revealed that it employed 18,845 temporary workers on average in the six months ended 30 June, down six per cent or 1,181 from the same period last year. The company also said job cuts had accelerated since April. Continue Reading

Airtel to sacrifice 3G to focus on 4G, customers to be shifted to top spectrum

Shortly after being dethroned by Reliance Jio and becoming the number two operator in terms of subscriber base, Bharti Airtel is said to have decided to completely shut down its 3G network by the end of the current financial year. Continue Reading

Thales launches ‘Digital ID Wallet’

Thales has launched its new Gemalto Digital ID Wallet that would enable users to access a digital version of their official documents including identity cards, health cards and drivers licenses on their smartphones. Continue Reading

ICICI Bank posts Rs 1,908 cr Q1 standalone net profit

The bank’s core net interest income grew 26.8 per cent to Rs 7,737 crore on expansion in net interest margin to 3.61 per cent from 3.19 per cent in the year-ago period and an 18 per cent credit growth fuelled by retail segment’s 22 per cent expansion. Continue Reading

Forge country into hub for telecom equipment manufacturing: Prasad

He said India is on its way to become a global power with march of technology and asked the industry to focus on innovation around 5G technology to create products with India specific patents. Continue Reading