Business News
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30 May 2017
IndiaICAI to check if banks misreport bad loans
According to reports, Institute of Chartered Accountants of India (ICAI) has requested information pertaining to the bad-loan estimates provided by certain lenders and the central bank, from Reserve Bank of India.
29 May 2017
Telecom Regulatory Authority of India (TRAI)BSNL ups the ante, will now offer satellite phone services
Union Minister Manoj Sinha had earlier said that, although, BSNL may have stood for 'Bhai Sahab Nahi Lagega' in the wake of Digital India, it is now 'Behtar Seva Ki Nai Lagan.'
28 May 2017
Indian GovernmentGovernment will address GST concerns among industry majors, educate consumers
The NDA government has been pushing GST in full gusto and although, industry majors are rallying behind this move, they are also concerned about changes that it will bring in their way of doing businesses.
26 May 2017
JapanWorld's largest bitcoin exchange crashes due to traffic
The world's most used cryptocurrency, Bitcoin, has seen a sustained rise since April'17, but over the last few days, it went wild.
26 May 2017
AmazonNew York gets its first Amazon bookshop
We have all shopped on Amazon for long, but walking into a physical Amazon store would be a unique experience indeed.
26 May 2017
IndiaStart-ups get an extended window of benefits from the government
The NDA government has now rehashed the definition of a start-up under its 'Start-up India' scheme.
26 May 2017
Technology'Petrol prices could go to just Rs. 30/liter in future'
As the world makes advancements in technology, one significant change may be on its way - the price of petrol plummeting to Rs. 30 per liter or even less.
26 May 2017
India3 years of Modi - how has business landscape changed?
As NDA government is now on the mature end of its tenure, it's not only India which is watching its every move but the entire world is.
25 May 2017
IndiaWipro layoffs are more of a Bot-issue than Trump scare
IT sector is facing too many obstacles all at once. First, it was the Trump wave and now it's the rise of automation.
25 May 2017
FacebookFacebook ropes in BuzzFeed, Vox and others for its shows
Facebook is leaving no stone unturned to become the all in one solution for the internet savvy millennial.
25 May 2017
DelhiDelhi's iconic Hotel Janpath to soon shut doors
It seems to be a bad time for Delhi's iconic landmark. Less than two months after Regal Cinema shut down, the Janpath Hotel is now pulling down its shutters.
25 May 2017
VolkswagenVolkswagen launches first 'Made in India' SUV
German automaker Volkswagen has launched its first "Made in India" SUV, the Tiguan, which was unveiled at the Delhi Auto Expo 2016.
25 May 2017
IndiaFIPB comes to an end to facilitate ease of business
The Union cabinet has okayed the abolition of 25-year-old Foreign Investment Promotion Board (FIPB), whose purpose was to vet Foreign Direct Investment (FDI) proposals in India, as most of the FDI money now comes via automatic routes.
25 May 2017
IndiaKhadi will now be promoted overseas as "Cloth of India"
According to Khadi & Village Industries Commission (KVIC) data, the sale of Khadi products in last fiscal year was a staggering Rs. 2,005 crore, 33% up from Rs. 1,635 crore during the 2015-16 period.
24 May 2017
InfosysInfosys gives Rs. 14 crore in compensation, Sikka's pay slashed
Post results, Vishal Sikka-led Infosys has been busy, from battling layoff rumors to hiring new overseas employees and pushing towards a new direction that would give the company profitability in the coming years.
24 May 2017
Nokia MobilesApple and Nokia end tiff, partners from now on
Previously Nokia had sued Apple claiming that they have breached 32 technology patents, which originally belonged to Nokia.
23 May 2017
IndiaTesla will not be plying on Indian roads anytime soon
Tesla's Model 3 is capable of reaching 60kmph from zero in 6 seconds and it gives 215 miles mileage on a single charge; it's a technological marvel, environment-friendly car and it's also a car that will not be available in India anytime soon.
23 May 2017
TechnologyMIT engineer developed wristband to detect human emotions
We have seen wearables monitoring our heartbeat and counting footsteps, but now an MIT engineer has developed a wristband, which does a little bit more, it monitors human emotions.
23 May 2017
IndiaAir India Maharaja is selling off trinkets to stage comeback
Air India has often been cited as the white elephant of Indian government, you can't let go of it but every day that you decide to keep it, you know it's going to eat into your income.
23 May 2017
IndiaNASSCOM increases lobbying expenditure to battle Trump's H-1B visa policy
It is no secret that the IT sector depends largely on foreign contracts for its sustenance and Trump's "Hire American" agenda has now brought the IT sector to its knees.
22 May 2017
Bharti AirtelTRAI says, India reached 1.2 billion telecom subscribers in March
According to data published by TRAI, telephone subscribers rose at a monthly rate of 0.51% and reached 1.2 billion in March from 1,188.55 million noted in February.
21 May 2017
IndiaGST ship is battle ready for the choppy Indian economy
GST bill nuances have been finally etched and July 1 marks a new chapter in India's economy.
21 May 2017
IndiaIT "bridge is falling down," taking thousands along with it
There is panic on the streets, as hordes of engineers are being handed pink slips by IT majors, citing that they were under-performers and didn't meet the standards set in appraisal review.
19 May 2017
Bharti AirtelGST services tax rates: What's cheaper, what's costlier?
In the new GST regime, among many things, one that's going to get costlier is mobile bills.
19 May 2017
ZomatoZomato strikes a deal with the hacker
Zomato said hacker has taken down the information of users put on sale on the Dark Web in return of a bug bounty program.
19 May 2017
IndiaWhere do Indians want to work?
India's working class is going a little bit out of the trodden path and opting for companies that didn't even exist ten years ago.
19 May 2017
Indian StartupsOla partners with Google, launches extremely lightweight app
At the Google I/O developer conference in San Francisco, Ola announced a partnership with Google to launch what is called a Progressive Web App (PWA), or a lightweight website version of their app.
19 May 2017
FlipkartNestAway eyes fresh funding, public listing after profitability
Bengaluru-based rental start-up NestAway, which caters to tenants, mainly from the 22-30 age-category, is now planning to raise around $40 million funding.
19 May 2017
BlackBerryBlackberry to develop virus scanners for luxury cars
Sources stated that Blackberry is now entering the auto security market in a bid to shore up the company's finances after losing primacy in the mobile phone market to Apple.
18 May 2017
IndiaRepublic TV outperforms Times now in debut week
Arnab Goswami's news channel Republic TV out performed Times Now with 2.11 million impressions in its first week debut, 84.4% higher than that of Times Now.
18 May 2017
India17 million accounts on Zomato 'hacked'
India's largest online food-portal Zomato has become the latest target of hacking. A security blog called Hackread claims over 17 million accounts have been breached.
18 May 2017
IndiaApple's "Made in India" phones will become available very soon
Apple, which has been haggling with the Indian government for some time now to get preferential benefits, has finally settled down.
17 May 2017
IndiaMillennials are changing India, one decision at a time
It is expected that within the next four years, India will have 64% of its population within the working age group, fuelling its growth.
17 May 2017
IndiaModi government passes with flying colours in stock exchange
Indian economy growth can be measured, to a certain extent, by the performance of its stock exchanges - BSE and NSE.
17 May 2017
IndiaMukesh "Global Game Changer" Ambani, says 2017 Forbes list
2017 is going to be a golden year for Mukesh Ambani
17 May 2017
TinderHow is this 'one-male dating app' competing with Tinder?
Dating giant Tinder has filed a legal objection to the name 'Shinder', an app featuring just one male date.
16 May 2017
South KoreaJapanese firms eye automation due to lack of labor
In most countries, automation comes at the cost of letting go of human labor, an exercise that draws major flak whenever it is executed but in Japan automation is more of a necessity due to the shortage of labor itself.
15 May 2017
PatanjaliBaba Ramdev's Patanjali working on power generation using bulls
After FMCG, Yoga Guru Baba Ramdev's Patanjali Ayurved is reportedly eyeing to enter the power generation sector.
15 May 2017
ZomatoUberEATS and Zomato bid to acquire Runnr
According to reports, UberEATS and Zomato are separately trying to acquire Runnr, the last-mile delivery service provider.
15 May 2017
TechCrunchApple acquires Lattice Data to strengthen its AI base
As an effort to establish a stronghold in the AI business, Apple has now acquired Lattice Data by paying a rumored amount of $200 million.
