Business

Other key recommendations pertain to making ICT (Information and Communications Technology) accessible for persons with disabilities; next-generation Public Protection and Disaster Relief communication networks; spectrum, roaming and service quality related requirements in machine-to-machine communications; definition of revenue base (AGR) for the reckoning of licence fee and SUC, and reduction in the rate of GST imposed on the telecom sector. … [Read more...] about DoT should focus on ease of business, industry profitability, says Broadband India Forum

According to BenQ India managing director Rajeev Singh, the company’s institutional sales for flat screen wall and projectors have suffered due to the Covid-19 pandemic, but its impact has been compensated with increase in sales of monitor and projectors by retail customers. … [Read more...] about BenQ expects India business to grow 15-20% in 2020

Businesses continue to open and people are coming out in larger numbers in India even as Covid-19 cases surge. Experts are beginning to see this as a result of lockdown fatigue. The Nomura India Business Resumption Index (NIBRI) climbed to 77.4 in the week ending September 6. This is an increase of 1.7 percentage points from the week ending August 30. To be sure, NIBRI is still 22.3 percentage points below pre-pandemic levels of economic activity. The report notes that “the largest upticks were seen in Google retail & recreation mobility and the Apple driving index, while power demand has tapered off”. Rise in retail and recreation mobility suggests that consumers are stepping out for purchases, the report said. “Alongside a faster rise in Covid-19 cases, this suggests lockdown fatigue may have set in”, it adds. … [Read more...] about Covid-19 lockdown fatigue driving opening of businesses

“The nature of risk and returns involved in the O2C business are distinct from those of the other businesses of RIL and the O2C business attracts a distinct set of investors and strategic partners,” the company said detailing the rationale for hiving off the businesses. … [Read more...] about Reliance unveils details of O2C business spinoff plan

“The CM has been emphasising on transparency and best practices in business-to-government (B2G) interactive procedures through the use of technology. Our government has been successful in improving EoDB by introducing various IT-driven modules and Nivesh Mitra is one such successful tool,” said Mahana. … [Read more...] about UP jumps to 2nd position in ease of doing business rankings