News Orbiter

In a major push for India’s public sector telecom, the government has greenlit a fresh capital injection of ₹6,982 crore for BSNL, earmarking the funds specifically for the nationwide expansion of its 4G network. This move is part of a broader strategy to bolster BSNL’s financial health and competitive standing against private players.

Corporate India

BSNL joins hands with Ericsson, Qualcomm, Cisco and Nokia to drive 5G, AI, and cybersecurity skilling

In a major push to create industry-ready talent in next-generation telecom technologies, Bharat Sanchar Nigam Limited (BSNL) has signed Memoranda of Understanding (MoUs) with fEricsson India, Qualcomm Technologies, Cisco Systems, and Nokia Solutions and Networks India. Telecom Innovation, Research and Training Centre is now all set to become a hub for advanced communications in collaboration…

Corporate India

BSNL issues ₹2,903 crore 4G expansion order to TCS

Order to cover 18,685 new sites under Atmanirbhar Bharat initiative Bharat Sanchar Nigam Limited (BSNL) has placed an additional Advance Purchase Order (APO) worth ₹2,903.22 crore with Tata Consultancy Services (TCS) to enhance its 4G mobile network infrastructure. As per a regulatory filing by TCS, the order involves the planning, supply, installation, testing, commissioning, and…

Corporate India

aluplast takes bold step towards sustainability with 300 kWp solar rooftop installation in India

aluplast, a global leader in uPVC window and door profiles, has made a significant leap toward sustainable energy by installing a 300 kWp solar rooftop system at its Vadodara facility in Gujarat. The inauguration ceremony, which took place at the aluplast factory, was attended by Mr. Dirk Seitz, Director, and Mr. Babak Golriz, Head of…

Insolvency and Bankruptcy regulations amended to enhance focus on discipline, transparency and accountability

News Orbiter Bureau21 July 202122 July 202102 mins

The Insolvency and Bankruptcy Board of India (IBBI) has amended the insolvency and Bankruptcy regulations and the IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016 has been notified on 14th July, 2021. The regulations have been amended to augment focus on discipline, transparency and accountability when corporate insolvency proceedings are conducted. According to…

Grant of Rs 6,143 crore recommended by the 15th Finance Commission for online learning

News Orbiter Bureau20 July 202121 July 202101 mins

Education Minister Dharmendra Pradhan in a written reply to a question in Lok Sabha informed that the 15th Finance Commission has issued recommendation for grant of Rs 6,143 crore for online learning professional courses for higher education in regional languages. In this amount Rs 250 crore rupees have been assigned for Andhra Pradesh. He said…

India Gains Fifth Position In The World In Forex Reserves

News Orbiter Bureau20 July 202120 July 202102 mins

After China, Japan, Switzerland and Russia, India has gained the position of fifth largest foreign exchange reserves holder in the world. The country has accumulated $608.99 billion as forex reserves on June 25. Pankaj Chaudhary, Minister of State for Finance, informed this adding that the position of the country’s foreign exchange reserves is comfortable in…

Exports of engineering goods in India registered 52.4% growth last month

News Orbiter Bureau18 July 202118 July 202102 mins

Exhibiting a positive growth, merchandise exports in the month of June 2021 registered a commendable 52.4% growth in comparison to the same period last year. Engineering exports rose to USD 8903.5 million in June 2021 which was USD 6274.9 Million in the same month last year. Among the exported products included the products of Copper,…

Eight new aerial routes launched between Maharashtra and Madhya Pradesh

News Orbiter Bureau16 July 202117 July 202102 mins

Civil Aviation minister Jyotiraditya Schindia and the Chief Minister of Madhya Shirvraj Singh Chauhan together with Agriculture and Farmers Welfare minister Narendra Singh Tomar virtually flagged off eight new aerial routes connecting Maharashta and Gujarat to Madhya Pradesh in the virtual presence of Jabalpur MP Rakesh Singh and Civil Aviation Ministry Secretary Pradeep Singh Kharola….

Covshield vaccine finally recognized by some European Union countries

News Orbiter Bureau11 July 202111 July 202101 mins

Covishield vaccine, produced by Serum Institute of India (SII), has been now recognized by 15 countries in European Union (EU). The vaccine is developed jointly by Oxford University and AstraZeneca. Soumya Swaminathan, chief scientist of World Health Organisation (WHO) informed this after the vaccine got recognized by Belgium. This recognition will have the positive effect…

Slowdown in residential real estate market shows signs of abatement

Sujeet Kumar Jha9 July 202110 July 202104 mins

Real estate sector is gradually emerging out of the clutches of the long prevailing slowdown and the fact has come to the fore through the recent FSR report by the RBI. The FSR report highlights that the residential real estate sector has recovered since the unsold inventory level has come down to a two-year low….

Government collects record Rs 92,849 crore as Gross GST revenue in June 2021

News Orbiter Bureau7 July 20217 July 202101 mins

Despite the second wave of COVID the Government has achieved commendable gross GST revenue collection amounting to Rs 92,849 in June and out of this amount CGST collection stood at Rs 16,424 crore while total SGST collection has been Rs 20,397 crore, while IGST collection has been Rs 49,079 crore and Cess amount has been…

APEDA assists in exporting first commercial shipment of Kashmiri Mishri variety of Cherries to Dubai

News Orbiter Bureau7 July 202101 mins

Commercial shipment of Mishri variety of cherries from Kashmir valley has been exported to Dubai from Srinagar for the first time with assistance of Agricultural and Processed Food Products Export Development Authority (APEDA). It was in the month of June, a sample consignment was already sent from Srinagar to Dubai by air however, these Cherries…

Domestic flight capacity increased to 65% to cater to rising demand

News Orbiter Bureau6 July 202101 mins

After reviewing the increasing passengers’ demand Civil Aviation ministry has increased the domestic flight operations to 65% from the earlier 50%. An order issued in this regard shall be applicable till the month-end. Earlier the airlines have been operating only half the capacity of their pre-pandemic domestic flights according to the order issued by the…