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Tejas Networks shares rose sharply on Monday after winning a 4G RAN supply order from a South Asian mobile operator. The deal boosts its global wireless expansion plans. As part of the order, the companys 4G multiband radio products will be deployed at multiple locations across the unnamed mobile operators network.
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Payments of 3,000 for each 18-24 year old given a job are among proposals to tackle youth unemployment being announced later.
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The Indian rupee weakened by 13 paise to 92.43 against the US dollar in early trade on Monday, pressured by significant foreign fund outflows and rising crude oil prices amidst geopolitical tensions. Volatile domestic equity markets further contributed to the rupee's decline, despite a slight retreat in the dollar's strength.
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