The Indian government should allocate funds and incentivise local technology and telecom firms to develop their internal capacities which would in turn help 5G technology succeed in the country, said a report by the Cuts International on Friday. The report further said that industry and the government should think of collectively investing in Research and Development (R&D) to help the local companies become globally competitive.

Vodafone’s $21.8 billion proposed acquisition of Liberty Global's assets in Germany and eastern Europe is likely to face a full EU antitrust investigation, a person familiar with the matter said.

The European Commission's move could ratchet up pressure on the world's second-largest mobile operator to offer concessions, unless it can convince the EU competition enforcer that the deal poses no competition issues.

The prices of key transport fuels -- petrol and diesel -- witnessed another decline on Saturday thanks to lower global crude oil prices.

Petrol price decreased by over 30 paise across major cities while diesel too continued the downward trend.

The Securities and Exchange Board of India (Sebi) has initiated an inquiry into the affairs of pharma major Sun Pharmaceutical Industries on the basis of a whistle-blower complaint, said regulatory sources.

The sources said the market regulator was in receipt of a 150-page letter in which the whistle-blower accused the company of committing corporate governance and tax-related lapses, besides other securities market-related violations.

The Trump administration on Friday proposed major changes to the H1-B application process with the aim of awarding the visa to the most skilled and highest paid foreign workers.

Under a new proposed merit-based rule, a notice for which was issued Friday, companies employing foreign workers on the H1-B visa under the Congressional mandated annual caps -- would have to electronically register with the US Citizenship and Immigration Services (USCIS) during a designated registration period.

Hyundai Motor India Ltd (HMIL) Managing Director & CEO Y K Koo has stepped down from his post. He is moving back to the automaker's head office in Korea. Koo will be replaced by Seon Seob Kim, head of the business operations division.

While HMIL officials were not available for comment immediately, Hyundai's global announcement stated that Kim would become the head of Hyundai Motor India headquarters.

Clearing the deck for sale of Reliance Communications Ltd's spectrum to Reliance Jio Infocomm Ltd, the Supreme Court on Friday asked Reliance Communications to furnish a corporate guarantee of Rs 14 billion within two days to get the No Objection Certificate (NOC) from the government.

Bajaj Auto on Thursday introduced the all new Pulsar 150 Neon collection. The all new Pulsar 150 Neon 2019 collection comes with a young and peppy styling along with the sporty appeal and is for customers looking at a bike with size and performance above the 100/110 cc offerings. The new Pulsar 150 Neon is made available at an exciting introductory price of Rs 64,998/- ex showroom Delhi and is available across all Bajaj Auto dealerships in India.

India’s second largest IT firm Infosys said Thursday it has bagged a deal from Citizens Energy Group to enhance the latter’s customer service experience.

As part of this engagement, Citizens will transform its customer service by leveraging ‘Infosys Preconfigured Accelerator for Customer Experience (PACE)’, Infosys said in a statement.

India on Thursday successfully launched its latest earth observation satellite HysIS, the data from which can be used in wide-ranging areas including agriculture, from the Satish Dhawan Space Centre here onboard ISRO’s trusted workhorse Polar Satellite Launch Vehicle (PSLV).

The rocket, PSLV-C43, successfully injected state of the art HysIS and 30 other co-passenger satellites from eight countries into their designated orbits.

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