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'5G smartphone shipments grew 163% YoY in Q2 2022 & more'- Business Today Newsletter

 
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5G smartphone shipments grew 163% YoY in Q2 2022
 
According to CyberMedia Research, 5G smartphone shipments grew 7 per cent quarter-on-quarter (QoQ) and 163 per cent year-on-year (YoY) in Q2 2022.
 
 
 
 
 
 
 
 
 
LATEST
 
Indian company successfully performs critical maintenance on Navy’s surveillance Poseidon aircraft
 
Often described as ‘an eye in the sky', the P-8I has the capability of being airborne for about ten hours with a full payload of advanced weapons.
 
 
 
 
 
 
 
 
 
LATEST
 
Proxy advisory firm raises a red flag over Harsh Mariwala’s remuneration
 
“Commission paid to Mr. Harsh Mariwala is more than 10 times the average commission paid to other Non-Executive Directors on the Board,” states the report by Stakeholders Empowerment Services (SES) though it adds that his reappointment is fully compliant with law and there are no concerns on merit as well.
 
 
 
 
 
 
 
 
 
ECONOMY
 
Domestic growth vs Fed rate hikes: What can influence RBI's monetary policy tomorrow?
 
The MPC, which is expected to announce the monetary policy tomorrow, is expected to vote for a 35 to 50 basis point hike in policy rates.
 
 
 
 
 
 
 
 
 
INFRASTRUCTURE
 
Adani Group to buy Macquarie Asia's four toll stretches for Rs 3,110 crore
 
The deal, subject to regulatory and lenders' approval, is expected to close in September 2022, Adani said in a notification.
 
 
 
 
 
 
 
 
 
LATEST
 
Adani Enterprises Q1 results: Net profit jumps 73% to Rs 469 cr; revenue surges 225%
 
The company's EBITDA increased by 107 per cent to Rs 1,965 crore due to full consolidation of airports business and improved realizations in IRM business, Adani Enterprises said in a regulatory filing.
 
 
 
 
 
 
 
 
 
INDUSTRY
 
Spectrum allocation by Aug 10, expect to roll-out 5G by October: Vaishnaw
 
Rationalising the expense of 5G and the price of tariff, Telecom Minister Ashwini Vaishnaw explained that India is the second largest manufacturers of mobile phones in the world and close to 25-30 per cent of these are already 5G-enabled.
 
 
 
 
 
 
 
 
 
INDUSTRY
 
Bids for IDBI Bank by month-end likely
 
A crucial meeting of an inter-ministerial group on disinvestment is scheduled to be held on August 8 to review progress in the planned divestment of IDBI Bank, top finance ministry sources have told Business Today Television.
 
 
 
 
 
 
 
 
 
MAGAZINE
 
Why Hero Vired's Akshay Munjal is passionate about clay sculptures
 
Edtech firm Hero Vired's Founder Akshay Munjal is passionate about creating sculptures out of clay.
 
 
 
 
 
 
 
 
 
NEWS REEL
 
Bollywood actor opens up about financial planning
 
Kubbra Sait's 'Open Book: Not Quite A Memoir' by HarperCollins, is an autobiographical account of the actor. In an interaction with Business Today TV, Sait shares her thoughts on savings, including maintaining a separate fund to save money. Her advice to millennials is to invest money either in SIPs or a dedicated savings fund.
 
 
 
 
 
 
 
 
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