In this issue

May 18, 2022

UltraTech, JSW lost out on likely delay in CCI nod, says Holcim CEO

The transaction had been in the making for the last three months, said Holcim's Chief Executive Officer Jan Jenisch

1 min

Airtel net profit jumps 3x to ₹2,008 cr, ARPU at ₹178

Nos. boosted by tariff hike, exceptional income from sale of telecom towers

2 mins

Double-Digit Hikes, Promotions: IT Talent Takes The Cake

Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent.

3 mins

Food prices continuing to increase in May: RBI report

Says swift MPC response bodes well for monetary policy credibility

3 mins

Rupee Hits Another All-Time Low Of 77.56/$

The rupee hit another all-time low on Tuesday as it closed at 77.56 to a dollar, amid high crude oil prices.

2 mins

5G will contribute $450bn in revenue over 15 yrs: PM

Modi unveils 5G test beds, says nation has moved on from 2G era of corruption

2 mins

5G auction: DCCclears Trai recommendations

The Digital Communication Commission (DCC) on Tuesday cleared the auction of 5G spectrum with a validity of 20 years but decided not to auction part of the millimetre band between 27.5 GHz to 28.5 GHz for the time being.

3 mins

China, US Race To Make Billions From Moon Mining

"There's going to be a new world order out there, and we've got to lead it," US President Joe Biden said after Russia's war in Ukraine upended global geopolitics.

2 mins

NFTs, Metaverse Prices Follow Crash Of Cryptos

But market is filtering out non-worthy assets; innovations also finding favour

3 mins

Govt to allow wheat export awaiting Customs clearance

Days after it banned wheat export, the commerce department on Tuesday said it was allowing outbound shipments that had been handed over to the Customs for examination, and registered in their systems on or before May 13, thereby offering some “relaxation".

2 mins

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