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New Delhi, Jul 15 (PTI) Swedish telecom gear maker Ericsson has posted a 32.5 per cent decline in net sales in India to USD 230 million (about Rs 1,974 crore) due to telecom operators holding back on new investments in the communication network. The company's net sales in India stood at around USD 341 million a year ago, representing 6 per cent of its global sales, according to data shared in the second-quarter performance report. "Sales in India were weak, as operators held back on new networ ...Read More >

Bengaluru : Allied Engineering Works Limited (Allied Engineering) ("the Company"), a technology-driven solutions provider, focused on meeting the evolving needs of utilities in implementing smart metering infrastructure across India and enhancing the efficiency of utility distribution systems has filed its Draft Red Herring Prospectus ("DRHP") with market regulator Securities and Exchange Board of India ("SEBI"). The Company plans to raise funds through offer of equity share capital via initial ...Read More >
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