BSNL Launches 4G/5G OTA and USIM Platform

BSNL Launches 4G/5G OTA and USIM Platform

Bharat Sanchar Nigam Ltd (BSNL) has launched a new 4G and 5G compatible OTA and USIM platform, enabling subscribers to select mobile numbers and replace SIMs without geographic limits. Inaugurated in Chandigarh with a disaster recovery site in Trichy, this platform supports BSNL’s nationwide 4G and upcoming 5G network expansions, improving service accessibility and flexibility. … Read more

Godrej Properties Wins Bid for 17.5 Acres in Greater Noida for Rs 842 Crore

Godrej Properties Wins Bid for 17.5 Acres in Greater Noida for Rs 842 Crore

Godrej Properties secured two land parcels totaling 17.5 acres in Greater Noida for Rs 842 crore. The plots, acquired through an e-auction by Greater Noida Industrial Development Authority, are expected to generate over Rs 5,000 crore in revenue from residential projects. The land has a development potential of 3.75 million square feet. This acquisition could … Read more

Info Edge Profit Jumps 76% to Rs 259 Crore

Info Edge Profit Jumps 76% to Rs 259 Crore

Info Edge reported a 75.6% rise in consolidated profit to Rs 258.8 crore for Q1 June 2024, up from Rs 147.4 crore a year ago. Revenue increased 8.1% to Rs 677 crore. Growth was led by recruitment solutions, with real estate and matchmaking platforms also performing well. The company also approved a merger of three … Read more

Trent Ltd 2X Profit to Rs 391 Crore

Trent Ltd Doubles Profit

Trent Ltd, a Tata Group retail firm, reported a 2x increase in net profit to Rs 391 crore for Q1 June 2024, up from Rs 166 crore a year ago. Revenue surged 56% to Rs 4,104 crore, while expenses rose 48.5% to Rs 3,704.61 crore. Trent opened 22 new stores and saw strong fashion and … Read more

Mahindra Logistics Partners with Sangti Solutions for Carbon Emission Reduction

Mahindra Logistics Partners with Sangti Solutions for Carbon Emission Reduction

Mahindra Logistics Ltd has teamed up with AI-driven startup Sangti Solutions to cut carbon emissions in its supply chain. This partnership will establish a fully automated SaaS platform, accredited by GLEC and ISO 14083, for managing carbon emissions. It will track KPIs across sectors including auto, telecom, and e-commerce. The collaboration supports Mahindra’s goal to … Read more

SEBI Urges Pension Funds, Insurers to Invest in Municipal Bonds

Sebi Urges Pension Funds, Insurers to Invest in Municipal Bonds

Sebi Executive Director Pramod Rao urged pension funds and insurers to invest more in municipal bonds, noting India’s market is much smaller than the US’s USD 4 trillion municipal bond market. Rao emphasized the need for increased municipal bond use and suggested creating campaigns to boost bond market participation. LIC’s MD R. Doraiswamy expressed interest … Read more