Business News

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02 May 2017

Bharti Airtel

Reliance Jio accuses Airtel of misleading advertisements

Mukesh Ambani-led Reliance Jio launched a complain with the telecom regulator TRAI, against its fierce rival Bharti Airtel for violation of tariff rules.

02 May 2017

India

With Rs. 50,000cr sales, Khadi, Gramodyog emerge as top businesses

For the first time ever, the presumably unprofitable Gramodyog (village industries) and khadi industry witnessed sales of over Rs. 50,000cr last year.

02 May 2017

Madhya Pradesh

Real Estate Act (RERA) comes into force after nine years

The much-awaited Real Estate Act has come into force with a promise to protect buyers' rights and encourage genuine players; 13 states and union territories notified the rules.

01 May 2017

X

Twitter allies with Bloomberg, to bring dedicated news service

It's a very common practice among users to post a series of tweets while watching a match or participating in an event.

01 May 2017

Samsung

Samsung leaves Apple behind, once again emerges as market leader

IDC research noted that in the first quarter of 2017, Samsung once again made its way to the top leaving, its major rival, Apple behind.

01 May 2017

India

9lakh firms don't file their I-T returns : Revenue Secretary

While the FinMin keeps on harping about the need to curb black money and prevent methods of offshore money laundering, there seems to be more trouble brewing at home.

30 Apr 2017

Bharti Airtel

H-1B visas: Sunil Mittal weighs banning big US tech companies

While answering a question on how he would react if Bharti Airtel was prevented from operating in certain geographical locations, telecom kingpin Sunil Bharti Mittal raised the question of whether India should prevent Facebook and Google from operating in the country.

29 Apr 2017

India

NPS account holders need to be FATCA compliant

One will now have to submit a self-certification of FATCA (Foreign Account Tax Compliance Act) for their National Pension System (NPS) accounts opened on or after July 1, 2014.

29 Apr 2017

India

Amazon will not slow its investment pace in India

A $481m loss might deter others, but to Amazon CEO Jeff Bezos it is just another hurdle Amazon has to overcome in order to finally triumph.

28 Apr 2017

India

India is set to become the world's fourth-largest economy

It's been 70 years since our independence; 5 more years and we will push Britain out of the top five economies. We would emerge as the world's fourth-largest economy overtaking Germany on the way.

28 Apr 2017

Saif Ali Khan

GoZoomo resurfaces from the dead for acquisition deal

GoZoomo made headlines when the firm decided that they would give back the unused money it had raised from the investors, as it was closing down.

28 Apr 2017

India

Honda Activa becomes the largest selling two wheeler globally

Yesterday, Honda rolled out its 15 millionth Honda Activa scooter, making it the largest selling two wheeler in the world.

28 Apr 2017

Facebook

Instagram hits the 700 million user mark

Facebook-owned photo and video sharing platform Instagram just reached the milestone of having 700 million monthly active users.

27 Apr 2017

Delhi

Ola, Uber drivers and a series of unfortunate events

There was a time when being a driver with Uber or Ola could fetch better income than a regular white-collar job.

27 Apr 2017

India

Kia Motors to invest $1.1bn in their factory in India

Following the slump in their sales in China, Kia Motors is gearing up to strengthen its base in the world's fifth largest market- India.

27 Apr 2017

Fashion Tips

French billionaire's bid: LVMH moves to buy Dior

Marking an iconic moment in fashion history, French billionaire and head of Moet Hennessey Louis Vuitton SE (LVMH), Bernard Arnault made a 10 billion euro offer to buy Christian Dior, with the effect of combining Dior and LVMH under the same umbrella.

26 Apr 2017

India

Awfis Space Solutions gets $20 million from Sequoia Capital

A very brief definition of Awfis can probably be that it is a start-up that provides work-spaces for start-ups.

26 Apr 2017

Coca-Cola

Coca-Cola to sack 1,200 employees as sales fizzle out

Warren Buffett, who has professed his love for Coke and is the largest shareholder of the company may need to rethink his drinking choices as well as investment acumen as the firm is now sacking people to remain profitable.

26 Apr 2017

India

HUL vs Amul, new wine in old bottle

Amul and Hindustan Unilever Ltd are currently embroiled in a legal battle over the charges of 'disparaging others' products in an ad, initiated by HUL.

26 Apr 2017

H-1B Visa

Wipro Q4 numbers show decent gains, steady pace

The IT industry's growth trajectory, as reflected by Q4 results of TCS and Infosys, has been an uninspiring one.

25 Apr 2017

Flipkart

Get rid of bosses to create an equal working environment

A new kind of organizational structure, dubbed Decentralized Autonomous Organization, aims to revolutionize the way companies work.

US Court declines General Motor's plea to avoid ignition-switch lawsuits

The apex court of USA has declined General Motors' plea to avoid lawsuits that stemmed from the firm's infamous ignition switch defects and subsequent recalls.

25 Apr 2017

India

Flipkart to replace CEO for a day

Flipkart is planning to replace its CEO for one day, to give an employee the opportunity to see how it feels to run the company. It is a part of the company's 10th anniversary celebration.

25 Apr 2017

Flipkart

Flipkart offers massive discounts on Apple Days Sale

Flipkart is offering massive discounts on Apple products as the Apple Days sale has begun.

25 Apr 2017

Bharti Airtel

Reliance Q4 results quash estimates and soar high

Dhirubhai once said, "Meeting the deadlines is not good enough, beating the deadlines is my expectation."

24 Apr 2017

India

SEBI to introduce new measures, to tighten grip on black-money

SEBI is aiming to take a series of stringent measures to ensure black money flow via P-Notes are eliminated. It also aims to introduce several reform measures to smoothen current hiccups.

24 Apr 2017

Patanjali

Defence canteens stop selling Ramdev's Amla juice

After the Central Food Lab in Kolkata issued an adverse report about the Patanjali amla juice, the Ministry of Defence's Canteen Stores Department discontinued sales of the product.

23 Apr 2017

India

Microsoft rehashes leave policy keeping fathers in mind

Microsoft India, in a welcoming change, has extended the time period of their paternity leave allocated to the male employees and has also introduced a family caregiver policy.

23 Apr 2017

India

India - Top remittance-receiver with $62.7bn inflows: World Bank report

India retained the top spot among remittance-receiving countries despite a significant 8.9% drop in remittances in 2016.

22 Apr 2017

Brexit

Your dream British supercar just got cheaper, thanks to Brexit

Fancy a Rolls-Royce Ghost? Well there's good news. The ultra-luxury car's price has dropped from Rs. 5.25 crore to Rs. 4.75 crore, all thanks to the Brexit.

22 Apr 2017

India

Sales of the iconic Barbie drop in first 2017 quarter

Sales of Barbie dropped in the first quarter of 2017 for the second consecutive quarter, this time down by 13%.

21 Apr 2017

Electric Vehicles

Electric carmaker Tesla recalls 53,000 cars over parking brake issue

US electric automobile manufacturer Tesla has issued a global-recall for some of its Model S and Model X vehicles to fix a parking brake issue.

21 Apr 2017

India

Wipro Layoffs: Tech major sacks 600 employees across India

At a time when Indian IT sector is facing hardships, India's third-largest software services firm Wipro has reportedly sacked hundreds of employees.

21 Apr 2017

India

Uber's new enterprise-ready service

Uber has launched a brand new feature to its services dubbed as 'Uber Central' which the firm claims will be beneficial for business enterprises or organizations.

20 Apr 2017

India

SoftBank's tryst with India's start-up scenario

SoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.

19 Apr 2017

India

TCS Q4 results, profit, revenue and earnings

Tata Consultancy Services Ltd reported financial results for the quarter, that ended on March 31, 2017. It was a tad bit lower than what the analysts had projected for the company.

19 Apr 2017

Facebook

Facebook showcases its next big leap at F8 meet

Two billion users of Facebook are to witness yet another developed version of the social media platform following the annual developers' meet at San Jose.

19 Apr 2017

Tencent

BigBasket engages Grofers in merger talks eyeing SoftBank funding

According to sources, BigBasket has opened up a dialogue with its comparatively smaller rival Grofers for a possible merger.

19 Apr 2017

India

Reliance Jio responds to TRAI net neutrality queries

Indian Telecom regulator TRAI is currently mulling on what should be the exact status of net neutrality in India.

19 Apr 2017

India

Electric Vehicles: Nissan Leaf trial runs to commence this year

Nissan Motor Co. is exploring the opportunities of electric-vehicles in India, as Nissan India Operations head, Guillaume Sicard noted, "We will start a pilot project involving the Nissan Leaf this year, which will help us in assessing the viability of electric vehicles (EV)."