Bhilai Steel Plant provided TMT steel bars for Ram Mandir

Bhilai Steel Plant provided TMT steel bars for Ram Mandir

Bhilai Steel Plant (BSP) in Chhattisgarh has supplied around 1,100 tonnes of thermo-mechanically treated (TMT) steel bars of various dimensions for the construction of the newly constructed Ram temple in Ayodhya. Company officials said the TMT bars for the temple project have been produced at both BSP’s modern bar and rod mill and Merchant Mill. […]

Technology, Media and Telecommunications: 2024 Trends

Technology, Media and Telecommunications: 2024 Trends

What’s next for technology, media and telecommunications (TMT) companies in 2024? a focus on operations and cost efficiency In 2022 and 2023 After valuations overheated in 2021, companies are once again looking at growth and profitability, albeit amid a protected spending environment, according to Morgan Stanley bankers covering the sectors. This cautious optimism was widespread […]

Demand for TMT bars will increase in next 3-4 months: Tata Steel VP

Demand for TMT bars will increase in next 3-4 months: Tata Steel VP

In 2022-23, India’s total steel production was 123 million tonnes (MT), of which 52 MT was TMT bars and rods. A senior industry executive has said that the demand for TMT bars in India will continue to grow in the next three to four months. Ashish Anupam, vice-president (long products), Tata Steel Ltd, said good […]

Disney, Reliance plan London meeting for India media merger talks-sources

Disney, Reliance plan London meeting for India media merger talks-sources

A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW DELHI, Dec 13 (Reuters) – Billionaire Mukesh Ambani’s Reliance Industries (RELI.NS) and U.S. giant Walt Disney (DIS.N) […]

US agency pushes to mandate anti-drunken driving technology

US agency pushes to mandate anti-drunken driving technology

New vehicles are seen in a parking lot at the Port of Richmond on the Bay in San Francisco, California, on June 8, 2023. Reuters/Carlos Barria/file photo obtain licensing rights WASHINGTON, Dec 12 (Reuters) – The U.S. Transportation Department said on Tuesday it is launching a regulatory effort aimed at eventually mandating technology to prevent […]

Hundreds still stranded, plants closed in India’s flood-hit Chennai

Hundreds still stranded, plants closed in India’s flood-hit Chennai

A volunteer offers food to a resident after his house got partially submerged following heavy rains due to Cyclone Michaung, in Chennai, India, December 6, 2023. REUTERS/Stringer/File photo Acquire Licensing Rights CHENNAI, Dec 8 (Reuters) – Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s […]

India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal

India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal

A van of media group Network18 is parked outside the Indian parliament in New Delhi July 16, 2014. REUTERS/Anindito Mukherjee/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s TV18 Broadcast (TVEB.NS) will merge with Network18 Media & Investments (NEFI.NS) in a $1.2 billion deal that will help the Reliance-owned companies expand their reach […]

India’s Paytm to curtail low-value personal loans after cenbank clampdown

India’s Paytm to curtail low-value personal loans after cenbank clampdown

A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules […]

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]

Shanghai wants Microsoft to promote AI tech in city – govt

Shanghai wants Microsoft to promote AI tech in city – govt

A Microsoft sign at the U.S. tech giant’s offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights BEIJING, Dec 5 (Reuters) – Shanghai authorities told Microsoft’s (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub’s government […]