Business News

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20 Jul 2017

ICICI Bank

ICICI Bank offers select customers instant loans through ATMs

ICICI Bank has a new offer for select customers: loans of up to Rs. 15L through its ATMs.

20 Jul 2017

India

Samsung vs Xiaomi: Samsung stops supply to 200 retailers

It's Samsung vs Xiaomi in India's cell phone market. The stakes are high for Samsung after it was forced out of China, the world's biggest market.

20 Jul 2017

India

GST: Rollout went well, but many challenges ahead

On July 1, the new GST replaced 40 levies in India, a move aimed at simplifying the current tax structure.

20 Jul 2017

General Motors

Biggest issue of self-driving taxis: How to clean riders' puke?

Not very far in the future, fully-autonomous taxis will have become a reality, offering faster and cheaper services.

20 Jul 2017

India

Yes, it will be corporate culture for Air India staff

With the complete overhauling of Air India in the offing, Air India chairman Ashwani Lohani has asked the staff to be ready for a complete change in work culture.

19 Jul 2017

India

Cabinet gives in-principle approval for ONGC-HPCL merger

The Cabinet has given an in-principle nod to the merger of state-owned Oil and Natural Gas Corporation (ONGC) and Hindustan Petroleum Corporation Ltd (HPCL).

19 Jul 2017

India

Jio's 4G VolTE phone: In India, Intex leads production

Jio is launching its 4G VoLTE mobile in August. It has signed multiple vendors for the supply of over 20 million handsets.

19 Jul 2017

India

5.5 billion mobile users by 2022, India to lead

While global mobile penetration is on the rise, Asia-Pacific has become the biggest contributor to the growth in the global numbers.

18 Jul 2017

Startups

Amazon's shadow is enough to make Blue Apron shareholders panic

Competition from Amazon is causing the Blue Apron shares to take a nosedive.

18 Jul 2017

India

Google plans to double its headcount in India

According to reports, online giant Google is planning to double its workforce in India this year.

New Consumer Protection Law will be brought up in Parliament

A new law, to replace the current Consumer Protection Act, 1986, will be introduced in the monsoon session of the Parliament.

17 Jul 2017

India

India's bad loan problem will get resolved soon, says study

An ASSOCHAM study titled 'NPAs Resolution: Light at the end of tunnel by March 2019' said that the bad loan problem, crippling the economy, will soon get resolved.

16 Jul 2017

Google Maps

How Google pays academicians to buy "influence"

With its tentacles spread into everything, way beyond the Internet, Google has become extremely powerful and influential.

15 Jul 2017

EPFO

Here's how you can check your PF account balance

Now employees can view the total accumulated balance of their employees' provident fund (EPF) account through universal account numbers (UAN) allocated by the Employees' Provident Fund Organization (EPFO).

15 Jul 2017

Bharti Airtel

Indian Broadband War: BSNL launches 1Gbps broadband to counter rivals

With Airtel and ACT Fibernet providing ultra-fast fiber optic broadband services and Reliance Jio testing JioFiber, a FTTH (fiber to the home) broadband war has begun.

14 Jul 2017

Smartphones

Luxury phone-maker Vertu shutting-down, fails to pay £128 million debt

Known for its jewel and stone-encrusted phones around the world, Vertu has decided to shut down its manufacturing operations in the UK.

14 Jul 2017

India

Uber to merge with Russia's Yandex in a $3.7bn deal

Looks like Uber has given in to the competition with Yandex.Taxi in Russia.

14 Jul 2017

India

Baba Ramdev enters private security space with 'Parakram Suraksha'

Looks like Baba Ramdev is trying to shift focus from Yoga and Ayurveda.

TRAI shares draft design for public Wi-Fi network project

The draft design of public Wi-Fi network project has been released by the Telecom Regulatory Authority of India (TRAI).

13 Jul 2017

Sensex

Sensex closes above the 32,000 for the first time ever

Riding high on the dovish comments of US Fed Chair Janet Yellen before the US Congress and a fall in retail inflation in June, benchmark equity indices reached record high levels today as the market opened.

13 Jul 2017

India

Paytm buys majority stake in Insider.in for Rs. 35 crore

Vijay Shekhar Sharma-led Paytm has now acquired a majority stake in Insider.in for a little over Rs. 35 crore.

13 Jul 2017

France

Google wins case against France, no more $1.26bn tax liability

Google has won a legal case against France that has removed a possible tax liability of 1.1bn euros ($1.26bn) from its head.

13 Jul 2017

GST

Don't let restaurants fool you in the name of GST

Some restaurants are having a field day by making customers pay extra. If someone questions them, they put the blame on GST.

13 Jul 2017

India

India's Halli Labs joins Google's Next Billion Users team

M&A (mergers and acquisitions) is the flavor of the season, it appears.The latest one was Google acquiring Bengaluru-based Halli Labs, a relatively new start-up which made its presence known on May 22 this year.

13 Jul 2017

IndiGo

Air India: Sale plan green, assets in red, future grey

NDA government might have okayed the plan to sell off Air India but the fact remains that no one wants to touch it with a 10-foot pole.

12 Jul 2017

India

Walmart may soon enter India's e-commerce market via partnerships

American retailing multinational Walmart has been trying to dip its toe into the online market for some time now.

12 Jul 2017

Reliance Jio

Reliance JioFiber Preview offer: 100GB data at 100Mbps for 3-months

Reliance Jio will be launching its broadband service JioFiber around Diwali but its details have been divulged now on Jio's official website.

12 Jul 2017

IndiGo

GST worsens engine problems for IndiGo, nine aircraft remain grounded

IndiGo is bearing the brunt of the GST launch. Nine of its aircraft were grounded due to engine problems, an issue made worse due to confusion about the new tax regime.

12 Jul 2017

Facebook

News Media Alliance fights back Facebook and Google's monopoly

When it comes to online publications, news outlets are at the mercy of Google and Facebook, the two platforms that run a near monopoly over online advertising and online news traffic.

12 Jul 2017

India

Xiaomi will increase offline presence, may bring out third sub-brand

According to reports, Chinese tech firm Xiaomi is planning to launch a third smartphone sub-brand sometime later this month.

12 Jul 2017

India

Rs. 75,000 crore electronics manufacturing projects to be approved

As per reports by DNA Money, two major electronics manufacturing projects worth Rs. 75,000 crore, will soon see the light of day as Ministry of Electronics and Information Technology (MeitY) is close to approving them under its modified special incentive package (MSIP) scheme.

11 Jul 2017

Flipkart

Flipkart may see the return of Bansals at the helm

Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.

11 Jul 2017

Canada

The entrepreneur who built a $1billion firm in his basement

It was 2001 when Carl Rodrigues, an experienced IT consultant, decided to resign from his job and retire to his house's basement in Canada's Mississauga.

11 Jul 2017

Reliance Jio

Reliance Jio plans revised: Avail benefits with Rs. 399 pack

Reliance Jio's Summer surprise offer is soon coming to an end and to woo its customers, it has introduced new plans.

11 Jul 2017

India

Uber, Amazon, Google: Big players taking to UPI

Uber and Amazon are planning to launch the unified payment interface (UPI) on their platforms soon.

11 Jul 2017

Electric Vehicles

Why does no-one in Hong Kong want a Tesla anymore?

Tesla seems to be losing one of its biggest markets. After Hong Kong withdrew tax breaks for electric vehicles (EV), enthusiasm of owning a Tesla has dipped drastically.

11 Jul 2017

PAN Card

Aaykar Setu: Pay taxes, apply for PAN using FinMin's app

FinMin Arun Jaitley launched 'Aaykar Setu', an app to bridge the gap between a taxpayer and the Income Tax department.

11 Jul 2017

Bharti Airtel

Airtel's 'Project Next' gets Rs. 2,000cr investment to retain customers

In a bid to stay ahead of its competitors, Telecom major Bharti Airtel has now launched 'Project Next' and will invest Rs. 2,000 crore in it over three years to redesign customer experience across all its services.

11 Jul 2017

Paytm

Reportedly, Paytm Mall to invest $200 million in BigBasket

As per reports by FactorDaily, Paytm Mall is in talks to acquire a majority stake in BigBasket for $200 million.

10 Jul 2017

India

Will GST be levied on gifts from employers?

It's been nearly 10 days since Goods and Services Tax, India's most ambitious tax reform, was launched.