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Smog Lifts, But Companies’ View of Polluted Delhi Skies is Dim

As New Delhi grappled with its worst smog in 17 years, the head of India’s largest mobile payment firm got on a plane and left, one of thousands of professionals escaping pollution that could cost the capital and the broader economy dear. Vijay Shekhar Sharma, founder of PayTM payment start-up, left last Sunday for a temporary stay in Mumbai, worried about the impact of hazardous clouds of dust, smoke and fumes that hang over Delhi during the winter months. “It became very visibly clear that it is going to be…

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Nokia Posts Falling community sales, Lifts price-Saving objectives

Nokia’s net sales of telecoms equipment fell more than anticipated in the first quarter because the Finnish employer warned on Tuesday that income in its mainstay enterprise might decline this 12 months due to slowing call for in China. In its first unified profits record on account that taking control of rival Alcatel-Lucent in January, Nokia also nudged up its value-slicing goal for the merger, pronouncing it was now in search of financial savings of “above” EUR 900 million (more or less Rs. 6,828 crores) in the path of 2018,…

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