Airtel announces 5G ready platform to fuel ‘World of Connected Things’

Telecom operator Bharti Airtel on Wednesday announced an integrated platform that enables enterprises to leverage the power of the Internet of Things (IoT) and gear up for the emerging era of ‘connected things’. ‘Airtel IoT’ is an end-to-end platform with the capability to connect and manage billions of devices and applications in a highly secure … Read more

Dixon, Bharti Enterprises to form JV for manufacturing telecom products

Dixon Technologies, a contract manufacturer in electronic goods, on Wednesday said it has entered into a pact with Bharti Enterprises to form a joint venture to manufacture of telecom and networking products. “Dixon has entered into memorandum of understanding (MOU) with Bharti Enterprises to form a joint venture (JV), the company said in a regulatory … Read more

Exports jump 58.23% to record $34 bilion in March; 7.4% dip in 2020-21

The country’s exports jumped by 58.23 per cent to $34 billion, the highest ever reached in a month, in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the commerce ministry‘s provisional data. Exports during April-March 2020-21, however, dipped by 7.4 per cent … Read more

GST mop-up hits a record in March

The indirect tax collections were 27% higher than that in March 2020. The gross GST collections in March hit a record of ₹1,23,902 crore, the Union Finance Ministry said on Thursday. This is the sixth month in a row that GST revenues have remained above ₹1 lakh crore. “The GST collections for March have created … Read more

ByteDance valued at $250 billion in private trades

Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250 billion in the secondary market, according to people familiar with the matter. The Beijing-based company’s value has surged in recent weeks as investors gain confidence in the business and founder Zhang Yiming weighs options … Read more