Business News
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15 May 2017
IndiaMassive Stents scam- Indians looted of crores!
Even as stent manufacturers claim huge losses due to recent price controls, shocking statistics tell another tale: apparently, stents in India were among the most expensive, more than US, UK, Germany and Italy.
15 May 2017
IndiaContent on-the-go: Now stream movies, shows on Indian Railways!
Indian Railways is going the distance to make trains journeys fun for passengers: it is now rolling out a content-on-demand service, which will let people stream their favorite movies and TV shows while travelling.
15 May 2017
IndiaIndian millennials are now raking smart money via p2p lending
The future belongs to millennials. According to a 2013-14 economic survey, by 2021, 64% of India's working age population will be within the age group of 20-35 and they will fuel India's meteoric economic growth.
14 May 2017
FacebookMark Zuckerberg, the man behind a social media empire
The world is on social media and Facebook is ruling the roost with Instagram in the foray; the circle is complete.
14 May 2017
IndiaCancer drug gets embroiled in the prevailing Indian pharma conflict
Indian pharma is currently waging a war against Roche, a Swiss-based pharma major that has monopoly over a cancer drug, which can be provided at a much cheaper rate.
14 May 2017
BitcoinInitial currency offering (ICO), bypassing traditional hiccups with modern-day currency
More often than not, modern-day enterprises seeking funds for projects tend to get embroiled in the tedious regulations and cumbersome procedures mandated by the banks or venture capitalists.
14 May 2017
IndiaCSO modifies base year for IIP, adds relevant items
The new base year for all-India Index of Industrial Production (IIP) has been revised from 2004-05 to 2011-12.
13 May 2017
FiatFiat Chrysler recalls 1 million pickup trucks due to software-glitch
Recalls are now becoming more of a common attribute in major firms than the rarity they should be.
13 May 2017
H-1B VisaIT bubble has not burst yet, but it's certainly leaking
The IT sector has its hands full this year with sub-standard performance; muted growth and Trump's H-1B visa policy eating into profits.
13 May 2017
IndiaIndia ranks 26 in ease of getting electricity
India moved up to the 26th spot in the global electricity accessibility rankings of the World Bank's Ease of Doing Business index.
12 May 2017
IndiaReliance Infra wins Rs. 2950 crore in arbitration against DMRC
The Delhi Airport Metro Express Private Limited, an arm of Reliance Infrastructure has been awarded Rs. 2950 crore in an arbitration settlement against DMRC.
12 May 2017
IndiaModi's magic pulls India's infra sector back from the mire
It appears, that Prime Minister Narendra Modi's endeavors to kick-start the country's infrastructural projects are finally bearing fruits.
12 May 2017
BoeingNew Boeing 737 MAX's tests flights halted over engine issue
US aerospace major Boeing has temporarily halted its new 737 MAX aircraft's test flights over potential engine problems.
12 May 2017
IndiaAmazon Great Indian Sale: The best deals and offers
The Amazon Great Indian Sale is back, and with it, a range of offers for its customers.
12 May 2017
Tamil NaduLayoffs in IT sector- Time for trade unions?
The recent layoffs within the IT industry have made employees wary of their job security and now a faction of the disgruntled workers have filed a petition against the IT firms via The Forum for IT employees (FITE).
12 May 2017
IndiaOnline gaming is now witnessing strong growth and risky bets
The Indian online gaming industry is throttling ahead in full gusto and will be growing at a steady pace of 20% to become a $1billion industry by 2021 from the $360 million it makes now.
12 May 2017
InfosysIT industry is in disarray, as layoff panic hits employees
The IT sector is currently going through a retrenchment drive to let go of "underperformers", an exercise which would result in 56,000 engineers losing their jobs, according to Mint.
11 May 2017
KeralaSBI clarifies on revised charges: Only for "buddy customers"
SBI issued a clarification in the wake of widespread panic and condemnation after its announcement of revised service charges, including exorbitant ATM charges.
11 May 2017
RenaultRenault Duster fails safety test conducted by Global NCAP
Global New Car Assessment Programme (Global NCAP) has released the crash test results of both Renault Duster basic and of the optional driver airbag version.
10 May 2017
IndiaGrammarly gets $110m funding, India pushes for regional content
Being a grammar Nazi is apparently a big business as Grammarly which aims to provide "mistake-free writing every time", managed to secure a massive $110m funding from venture capital firms.
10 May 2017
Walt DisneyWalt Disney soars on a "tale as old as time"
Walt Disney's profits managed to take a leap of 11% riding on the success of their new live-action version of Beauty and the Beast and increased attendance at the firm's theme parks and resorts.
10 May 2017
Apple PayAlipay wages war against Apple Pay for US market
In a move to expand to the international market, Alipay, operated by Ant Financial, has sealed a deal with First Data, giving it access to four million retail partners and will now compete with the likes of Apple Pay.
10 May 2017
Bharti AirtelAirtel's sees a 72% decline in Q4 profits
Bharti Airtel's Q4 profit for the financial year 2016-2017 saw a massive 72% slump compared to profits from the same period in the last year.
10 May 2017
IndiaGodrej Consumer Products now has Nisaba Godrej at the helm
The reins of Godrej Group's crown jewel, Godrej Consumer Products, have been passed on from industrialist Adi Godrej to her daughter Nisaba Godrej, who earlier was the executive director of the company.
09 May 2017
SamsungOppo wants to invest in Indian start-ups to topple Samsung
Oppo might have lost the top-smartphone-seller tag in China to Huawei in the first quarter but that doesn't mean it's going to stop anytime soon.
09 May 2017
IndiaMobiKwik may get $100 million funding from BlackRock and others
MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.
09 May 2017
FacebookGoogle and Facebook are leading the online advertisement revolution
The world is on the Internet and, therefore, the advertisements are following suit.
08 May 2017
IndiaRoyal Enfield and Ducati, a love story for bikers
Rumors have surfaced suggesting that the Indian firm Royal Enfield is eyeing Italian superbike maker Ducati for a possible acquisition.
08 May 2017
IndiaAmazon Canada lists for sale 'distorted Indian map'
E-commerce platform Amazon invited the wrath of the Delhi BJP wing over a distorted map of India being sold on their Canada portal.
08 May 2017
Mahatma GandhiIndians are at the helm of UK's rich list
Brexit might be a scary term for political analysts, but it appears to be the very premise, on which a new batch of billionaires has surfaced.
06 May 2017
CancerJohnson & Johnson to pay $110mn over talcum cancer-link
A US court has ordered Johnson & Johnson (J&J) to pay over $100 million to a woman who claimed she developed ovarian cancer after using its talcum powder for decades.
05 May 2017
QualcommQualcomm seeks to ban iPhone imports into the US
On April 28th, 2017, Apple stopped paying royalties to Qualcomm.
05 May 2017
IndiaDear Arnab, the Republic of India doesn't need a messiah
Come 6th May and it doesn't matter if the nation wants or doesn't want to know, Arnab Goswami will resurface from his long sabbatical to tell the nation, what he thinks that the nation should know.
04 May 2017
AsiaApple has $256.8 billion in its cash reserve doing zilch
For a company that started in a garage, Apple has come a long way and now its financial reports show that it has a $256.8 billion cash stockpile, sitting comfortably in its accounts.
04 May 2017
IndiaSachin Tendulkar's SRT Android phone is out
Sachin Tendulkar's Android phone, called SRT (Sachin Ramesh Tendulkar) has been released in India. The phone has been made and sold by Smartron, an IoT start-up in which Tendulkar is a strategic investor.
04 May 2017
AppleiPhone sales drop just before 10th anniversary
The iPhone turns 10 this year in June.
03 May 2017
IndiaHyundai online car bookings now open!
Buying cars in India is now only a click away with Hyundai opening bookings through its portal www.Hyundai.co.in.
03 May 2017
FlipkartFlipkart's acquisition brings along mixed fortunes for Indian e-commerce space
Consolidation in e-commerce might bode well for giants but now things get divided into a series of pros and cons for the consumers when the options start to thin out.
02 May 2017
IndiaState Bank of India slashes rates by 50 basis points
The country's largest lender, State Bank of India, has slashed its interest rates by up to 50 basis points (bps) for various maturities to ward off high-cost deposits.
02 May 2017
Supreme Court Of IndiaSC to Unitech: We cannot entertain a defaulter
Unitech is grasping straws at the moment to get rid of multiple charges of money laundering and fraud, that has been brought against the embattled real estate firm.
