India’s policymakers acknowledge that its digital ecosystem will contribute at least $1 trillion to the soughtafter $5 trillion economy. Collaborating, as opposed to competing, is quintessential to optimising returns from this diverse digital ecosystem. There is also little disagreement that access is at the nucleus of any digital ecosystem. However, while this access can play … Read more
Mumbai | New Delhi: The Competition Commission of India (CCI) is set to ask Google whether the US Internet giant’s purchase of a 7.73% stake in Jio Platforms would entail any sharing of data in a way that could stymie competition, especially in the handset industry, said people familiar with the matter, including lawyers and … Read more
The volume recovery seen in May and June, driven by strong demand from the rural and semi-urban areas, has largely sustained in the September quarter. Synopsis Prices moderated in the second quarter, traditionally soft because of the monsoon rains across India, but volume growth points to potential margin expansion in the second half (H2) of … Read more
BENGALURU: The ministry of new and renewable energy (MNRE), which was considering withdrawal of the customs duty concessions it provides wind turbine manufacturers, is now in favour of continuing these concessions for some time, sources said. MNRE held several rounds of discussions with Indian wind equipment makers about the duty concessions. It held the view … Read more
The bank said as digital payments have increased due to the pandemic, Ujjivan considers it as a good opportunity to expand initiatives and increase adoption to digital channels. Ujjivan Small Finance Bank (SFB) is expecting contraction in interest and fee incomes this fiscal due to business disruptions caused by COVID-19 and ensuing lockdowns, its annual … Read more
ET Now caught up with KV Kamath, Chairman, ICICI Bank, for his expectations from the Narendra Modi government as well as the Budget. Excerpts: ET Now: Talking of expectations from Narendra Modi, do not you think too much hope and money in essence is riding behind one man? Despite his good intentions, there are structural … Read more