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

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

IBBI has already said the lockdown imposed by the government will not be reckoned in the resolution timeline.Since its inception, the IBC process has been mired in last-minute litigations with promoters trying hard to retain control of their firms

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

The resolution plan would allow lenders to get close to 40% of their claims for both the companies.While the joint resolution plan was approved by the committee of creditors (CoC) in April last year, SSG Capital, the other bidder for these assets contested the decision

These customers are those who have deposited more than ₹5 lakh in their accounts .RBI cancelled the bank's licence citing its highly adverse financial position

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

Over 3,500 coaching centres across 70 cities and towns in India use the platform, says Classplus, which was launched in 2018

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

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

While Paytm is looking to equip kiranas with a tech ecosystem, Swiggy has on-boarded several on its platform

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