5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: TRAI

“Holistic approach will be required to ensure availability of digital infrastructure in building complexes” Telecom regulator TRAI will soon come up with recommendations that will facilitate in improving telecom connectivity, especially 5G when it is rolled out, a top official has said. Telecom Regulatory Authority of India (TRAI) chairman P.D. Vaghela during a virtual event organised by Digital Infrastructure Providers […]

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RIL net rises 42%; retail, shale sale buoy

Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore Reliance Industries Ltd. (RIL) on Friday reported consolidated net profit for the quarter ended December 31 grew 41.6% from a year earlier to ₹18,549 crore, aided by a strong showing at its retail and refining businesses and a one-time gain from the sale of U.S. shale […]

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RIL net rises 42%; retail, shale sale buoy

Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore Reliance Industries Ltd. (RIL) on Friday reported consolidated net profit for the quarter ended December 31 grew 41.6% from a year earlier to ₹18,549 crore, aided by a strong showing at its retail and refining businesses and a one-time gain from the sale of U.S. shale […]

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Toyota announces Hilux, its maiden ‘Lifestyle Utility Vehicle’ in India

‘Prices will be revealed in March; deliveries from April onwards’ Toyota Kirloskar Motor (TKM) has officially announced its maiden Lifestyle Utility Vehicle (LUV), Hilux, for the Indian markets on Thursday.The auto major said bookings for Toyota Hilux were open, however, ex-showroom prices would be announced only in March 2022 while deliveries would commence from April onwards.Hilux was a name derived […]

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Business is in the best shape it could ever be: HCL Tech MD

HCL Technologies CEO and MD C. Vijayakumar on Monday said business was in the best shape that it could be and the company is optimistic of a good growth trajectory, especially in the medium term, driven by focus on digital transformation. The statement comes after the company’s scrip fell 5.89% to ₹1,258.80 per share on the BSE, following the third-quarter […]

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China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook China’s economy grew 8.1% in 2021 and reached the $18 trillion mark, although slowing growth in the last quarter and the lowest birth rate since 1949 emerged as concerns for policymakers. Last year’s expansion was the fastest since 2011 and marked a strong recovery after […]

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'Gasland' driller faces criminal charges

Fox Business Flash top headlines for January 7 Check out what’s clicking on FoxBusiness.com. One of Pennsylvania's biggest gas drillers is facing newer allegations of pollution in a rural community where it is already charged with fouling residents’ drinking water wells with high levels of methane. Cabot Oil & Gas Corp. was charged in 2020 with violating state environmental laws […]

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Billionaire Gristedes CEO calls for White House to 'stop the war on North America'

Billionaire supermarket owner warns inflation will ‘continue to go up’ John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, warns food prices will continue to rise as manufacturers have been raising prices.  John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, called for the White House to "stop the war […]

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