Union Cabinet Approves PLI Scheme For IT Hardware
The Union Cabinet approves a new Production Linked Incentive (PIL) Scheme with a budget Rs 17,000 crore for IT Hardware. The overall tenure of this PLI 2.0 scheme will be six years, with an expected incremental production value of Rs 3.35 Lakh crore. It is a PLI 2.0 in which the cabinet increases the budget…
What Is The Importance Of Leadership In Strategic Implementation?
Corporate leaders have been seen as the backbone of the organisation for creating and implementing strategies. Amid the complex management issues, the importance of leadership increases day by day to make profitable decisions. According to Strategy + Business, companies need to identify the departments and create an implementation team of all representatives to ensure all…
SC Will Hear Pleas In Adani-Hindenburg Case Today
The Supreme Court will hear the pleas seeking a probe into the Adani-Hindenburg case. As per rumours, the three-judge bench led by the Chief Justice Of India (CJI) will hear the different pleas. On Monday, the Supreme Court of India adjourned SEBI’s petition in which the capital market regulator sought a 6-month extension to conclude…
Qualcomm To Reduce The Price Of 5G Phones To $ 90
The American MNC: Qualcomm, famous for manufacturing wireless telecommunication products and semiconductors, is all set to make a mark and work towards reducing the cost of 5G smartphones in order to attract new customers. Qualcomm has tied hands with Original Equipment Manufacturers(OEMs) to reduce the cost of 5G smartphones to around $90 (Approx. Rs. 70,000-80,000). …
Indian Defence Ministry Imposes Import Ban On 928 Items
The Indian Defence Ministry banned the import of 928 defence items, including subsystems, spares, line replacement units, and components of military equipment and platforms. The PSU defence takes this step to promote the “Make In India” movement. It is the fourth list of indigenisation components that have been placed under the import ban policy over…
I/O 2023| Here’s Everything That Google Announced
The Annual Google I/O Conference on Wednesday revealed the new plans and strategies that Google will undertake in the coming years. The conference witnessed some exemplary announcements, which included the launch of new foldable mobile phones, tablets and improvements in the AI products. Here are some of the latest gadgets and strategies that Google revealed…
Adani Ports And SEZ To Pay $ 130 Million Of Debts
Adani Ports and Special Economic Zone combined to pay $ 130 million of its debt. The APSEZ company offered nearly $413 million worth had been tendered for early payment. The company, APSEZ, announced a tender of up to $ 130 million of 3.375 per cent dollar-denominated bonds, set to mature in 2024. It also stated…
Go First Cancelled All Its Flights Amid Bankruptcy
Go First, India’s third-largest airline, cancelled all flights of 3 and 4 May, 2023 due to the cash crunch. As per the information shared by the Directorate General of Civil Aviation (DGCA) on 2 May 2023, all airline companies notified it about the sudden flight cancellation. Go First has been facing a financial crisis due…
Top 7 Business Technology Mistakes To Avoid
In the modern world, businesses are clueless about purchasing, securing, and maintaining the technology that can meet their requirements. According to the U.S. Bureau of Labor Statistics, due to business technology mistakes, almost 20% of budding businesses fail during the first two years and 60% fail during the first 10 years. This report might discourage…