Vodafone Idea (Vi) is facing difficulties in finalising deals for 5G equipment as vendors are asking the telco to clear previous dues first. The deals for 5G equipment supplies and tower tenancies have also hit a roadblock with vendors demanding advance payments, a report in Economic Times (ET) added.

"Equipment vendors have been asking the telco to clear their 4G dues and have also asked for advanced payments for 5G radio procurement," a person aware of the matter was quoted as saying in the ET report.

The Uttar Pradesh government, through its investment promotion agency Invest UP, has been successful in attracting beverages industrial units in Gorakhpur, Amethi, Prayagraj and Chitrakoot.

Varun Beverages Ltd, all India franchisee of PepsiCo, has been allotted land in these districts through fast-track mode for setting up their units for producing carbonated soft drinks, fruit pulp or juice-based drinks.

Tata Steel’s board has approved merging six subsidiaries and an associate company into it, seeking to consolidate the metals and mining business and simplify the holding structure.

The decision on Thursday is for listed companies Tata Steel Long Products, The Tinplate Company of India Limited, Tata Metaliks, and TRF, said a press statement.

Despite concerns around inflation and discretionary spending, customers are looking forward to shopping this festive season. 83 per cent of the respondents surveyed indicated a willingness to buy this festive season, according to consulting firm Redseer's recent survey. This optimism is not just limited to consumers, but sellers are also expecting higher increases in sales.

The positive sentiments are driven by demand for fashion, mobiles, electronics and large appliances.

Zetwerk Manufacturing Businesses Pvt Ltd said it achieved gross merchandise value of Rs 5718 crore for the year ended March 31, 2022, recording a six-fold growth over the year-ago period. The digital manufacturing firm said this was aided by solid company fundamentals and a well-executed business diversification strategy.

The Company's operating revenue grew six-fold to Rs 4961 crore from Rs 835 crore in 2020-21.

Maharashtra Chief Minister Eknath Shinde on Wednesday targeted Uddhav Thackeray for "betraying" the Hindutva ideology, even as he declared himself as the true torchbearer of the ideals of Shiv Sena founder Balasaheb Thackeray.

Addressing a Shiv Sena function here, Shinde alleged that it was Uddhav Thackeray who betrayed the Hindutva ideology propounded by Balasaheb Thackeray by joining hands with arch-rivals Congress and NCP.

As many as 106 activists of the Popular Front of India were arrested on Thursday in early morning raids by multi-agencies led by the National Investigation Agency, covering around 11 states, for allegedly supporting terror activities in the country, officials said.

The maximum number of arrests were made in Kerala (22) followed by Maharashtra and Karnataka (20 each), Andhra Pradesh (5), Assam (9), Delhi (3), Madhya Pradesh (4), Puducherry (3), Tamil Nadu (10), Uttar Pradesh (8) and Rajasthan (2).

India's palm oil imports in 2022/23 could jump 9% from a year earlier on a rise in domestic consumption and as competitive prices allow the tropical oil to regain its share in the world's biggest market, a Reuters survey showed on Wednesday.

The higher buying could help top producer Indonesia in bringing down ballooning inventories and support benchmark Malaysian palm oil prices, which have nearly halved from record highs earlier this year.

Shares of Infosys hit a 52-week low at Rs 1,360.15, down 1 per cent on the National Stock Exchange (NSE) in Thursday’s intra-day trade. The stock has dropped 14 per cent so far in the last one month amid growth concerns. In comparison, the S&P BSE Sensex was down less than one per cent during the same period.

The stock of information technology (IT) major fgell below its previous 52-week low of Rs 1,367.20 touched on June 17, 2022.

Surging share prices of Gautam Adani’s companies have helped make him the world’s second-richest person. The bond market isn’t quite as enthusiastic.

Stocks of firms in his Indian business empire--spanning ports to gas distribution and coal mining--have jumped in part on soaring energy prices. Adani Ports & Special Economic Zone Ltd. has climbed 29% in 2022 and hit a record this week, while shares in some of his other companies have surged more than 1,000% in the past two years.

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