Reliance Jio Infocomm, a prominent telecom operator in India is on the verge of finalizing a significant contract worth $1.7 billion with Nokia for 5G network equipment. Alongside this deal, Jio is also set to strike a $2.1 billion agreement with Ericsson.

Mark Zuckerbergs’ company Meta has recently introduced Threads, a new service that can be seen as a rival to Elon Musks’ Twitter. Just like Twitter. Threads permit users to share

Fast-moving consumer goods (FMCG) industry revenue is anticipated to increase by 7-9% this fiscal year, which is a somewhat slower rate than the 8-9% growth rate seen in the previous

The ongoing cooperation between Russia and Saudi Arabia within the OPEC+ alliance remains robust, with both nations determined to take necessary measures to support the oil market.

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Japanese firms have offered the most significant pay increases in thirty years during this year’s negotiations with workers, according to the country’s largest trade union group, Rengo.

Gallium and germanium exports from China are being restricted; according to Minister Rajeev Chandrasekhar, a new India is engaging with the international community to create supply chains that are more resilient.

Next month. Micron Technology will begin the construction of a semiconductor assembly plant in Gujarat, India. This $2.75 billion project aims to produce microchips that are made in India by late 2024. Supported by the Indian government and the state of Gujarat. This endeavor is expected to generate up to 5,000 direct jobs in two phases. It is noteworthy that this action aligns with the US government’s initiative to encourage American chip companies to invest in India and expand their operations beyond China.

Kailash Katkar, the founder and outgoing CEO of the cyber security company, will become chairman and managing director after Vishal Salvi assumes leadership.

IDFC First Bank has approved a me­rger with IDFC Ltd to simplify its corporate structure and e­nsure regulatory compliance. The­ merger ratio has bee­n set at 155:100, meaning that for eve­ry 100 shares of IDFC held by shareholde­rs, they will receive­ 155 shares of IDFC First Bank.