Average revenue per user (ARPU) increased to ₹130.6 during the quarter.Data consumption continued to grow exponentially to 11.3 GB per user per month from 11.1 GB in the December quarter

Rajiv Bajaj, MD, Stratasys India and SEA, talks about the company’s involvement in 3D printing initiatives in India, tie-up with GNA University

'We strongly disagree with the characterization of Amazon in this USTR report,' said an Amazon spokesperson..The list names Amazon India and Snapdeal along with a few other shopping complexes in India.

Auto companies, however, managed to export vehicles due to resumption of port operations.Maruti, Hyundai, M&M, Toyota Kirloskar, MG Motor reported zero domestic car sales for April

However, the notification doesn't explicitly state whether two-wheeler taxis and shared vehicles operated by the like of Bounce, Yulu, and VOGO would be allowed 4 May onwards.Meanwhile, in green zones public transport buses can operate at 50% capacity

The move comes close on the heels of Centre allowing gradual resumption of economic activity amid the pandemic.Hyundai was planning to manufacture around 12,000 to 13,000 vehicles in May

Reliance is raising funds at a breakneck pace as it attempts to cut its debt and secure its capital needs amid a sharp downturn in the global economy.Silver Lake is a major technology investor, with over $40 billion in combined assets under management and committed capital

Private hospitals say the order in its current form will result in losses and would also affect the salaries of healthcare workers.The reduction in prices for private healthcare providers comes at a time when they are dealing with lower hospital occupancy rates, as patients opt to postpone planned medical procedures due to the pandemic

The company is to also repurpose its business on digital fitness offerings, including tele-consultants.Apart from layoffs, Cure.fit has moved 90% of trainers across its gyms to a variable pay model to cut costs

The company relied on RBI moratorium of three months on payment of instalments of all term loans outstanding between 1 March and 31 May

Prior to Zuora, Sloat held executive finance roles at firms such as NetApp Inc. and Siebel Systems, Inc

In our second interview in the Pivot or Perish series, wherein top companies share their vision for mapping the future after the coronavirus outbreak, Hyundai's S.S. Kim shared how digital will play a critical role in sales operations of automobile companies.

Xiaomi India MD Manu Jain expects losses in Q2 2020, but Q3 and Q4, along with Diwali sales to go fine.Realme is expecting 100% growth in 2020 despite effectively losing two months of the year

Gilead said it was in discussions with 'some of the world’s leading chemical and pharmaceutical manufacturing companies' to produce remdesivir for Europe, Asia and the developing world through at least 2022

ICRA downgrades multiple Edelweiss Group companies.Mutual funds have a collective exposure of around Rs3,300 crore to Edelweiss companies as of 31 March

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said