Jio's IAX undersea cable system to land in Maldives

India's largest mobile operator Reliance Jio Infocomm will land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, according to a statement on Monday. The high......

As temperature soars, power demand across India hits record high

Northern and western states had the highest power demand, with Uttar Pradesh sourcing 19,082 Mw, Delhi 6,029 Mw, Rajasthan 10,395 Mw, Gujarat 16,825 Mw, and Maharashtra 23,609 Mw. With a heat wave......

IPO fundraising: A whopping Rs 25,500 crore in H1

Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline. Illustration: Uttam Ghosh/Rediff.com Seventeen companies have raised Rs......

Take heart, all is NOT wrong with the economy

Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta. The Monetary......