Search Results for: adjusted gross revenue

Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat. Aug 20, 2024
India adds 7.3 crore internet subscribers, 7.8 crore broadband users in 1 year

India's Digital Leap: 73 million new internet users added in a year

India's digital sphere has witnessed a significant spike in the past year, with an addition of 73 million internet subscribers and 78 million broadband users. This substantial increase has brought the total number of telephone subscribers in the country to a staggering 1.199 billion. Aug 20, 2024
India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024
Future outlook for residential market in India remains optimistic

Future outlook for real estate market in India remains optimistic: Report

India's real estate market remains optimistic, with a Knight Frank-NAREDCO report showing a Current Sentiment Index Score of 65, indicating a measured outlook. Residential and office demands are driving growth, with 63% expecting rising residential prices and 51% anticipating increased sales. The office market also shows buoyancy in leasing, supply, and rent. Aug 14, 2024
'Make in Bharat for the World' has become a reality: Ashwini Vaishnaw

'Make in Bharat for the World' has become a reality: Ashwini Vaishnaw

Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, on Tuesday said the aim of the production-linked incentive (PLI) scheme is to build scale in domestic manufacturing, as tech giant Apple exceeded its export targets in the first four months of the current fiscal. Aug 13, 2024
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