Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
26 Dec 2017
IndiaIndia to overtake Britain, France, become fifth-largest economy by 2018
Despite a recent slowdown, India will overtake Britain and France to become the fifth-largest economy in dollar terms by 2018, a report has predicted.
26 Dec 2017
IndiaAll about McDonald's and Vikram Bakshi conflict
McDonald's fans in North or East India are in for some sad news.
26 Dec 2017
CryptocurrencyBitcoin's rise has helped its competitors surge
Bitcoin's valuation has reached nearly $20,000, and the cryptocurrency is just getting started.
25 Dec 2017
IndiaMercedes-Benz discourages India's all-electric cars push for 2030
Mercedes-Benz India has asked the government "not to rush with the all-electric vehicles push", as such a push might foreclose better technological solutions for future generations.
25 Dec 2017
SamsungSamsung Happy Hours sale: Lucrative discounts, Jio offers and more
As part of Samsung's Happy Hours sale, Amazon India will be offering lucrative discounts on Samsung's Galaxy On5 Pro and Galaxy On7 Pro phones on 26th December from 12pm-2pm.
23 Dec 2017
Reliance JioJio's Happy New Year offers: Special treat with new plans
Amidst cutthroat competition in the Indian telecom industry, Reliance Jio announced the launch of two new plans on Friday as part of its Happy New Year 2018 offers.
23 Dec 2017
Supreme Court Of IndiaVideocon to fast track its Rs. 10,000cr case against government
Videocon Telecom will put on fast track its case filed against the government in 2015.
23 Dec 2017
iPhoneApple sued for damages over slowing old iPhones
Apple has been charged with two class action lawsuits in the US for slowing down ageing iPhone models without informing users.
22 Dec 2017
IndiaPatanjali named India's most trusted, attractive FMCG brand
In less than 12 years, Baba Ramdev's Patanjali Ayurved Limited has become India's most attractive and trusted Fast Moving Consumer Goods (FMCG) brand.
22 Dec 2017
IndiaTCS inks record-breaking $2.25bn deal with Nielsen
Tata Consultancy Services has bagged a $2.25bn outsourcing contract from TV rating firm Nielsen, the biggest ever for an Indian IT firm.
22 Dec 2017
Larry PageWhy is Eric Schmidt stepping down as Alphabet chairman?
Seventeen years after joining Google, which then had a few hundred employees, Eric Schmidt is stepping down as Alphabet chairman.
22 Dec 2017
MumbaiReliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr
In a bid to become debt-free, Anil Ambani-owned Reliance Infrastructure has reportedly entered into a Definitive Binding Agreement with Adani Transmission to sell its Mumbai power business for Rs. 18,800cr.
21 Dec 2017
IndiaFlipkart's AI push: E-tailer investing millions of dollars for AIforIndia
Indian e-commerce giant Flipkart is gearing up to bolster its push into the field of Artificial Intelligence by creating an internal unit "AIforIndia", as part of its efforts to put AI and machine learning at the core of its businesses.
21 Dec 2017
Reliance CommunicationsMahesh Bhupathi, Lara Dutta take Gitanjali Gems to insolvency
Mahesh Bhupathi and Lara Dutta, brand ambassadors of Gitanjali Gems, have taken the company to insolvency as operational creditors.
20 Dec 2017
LondonEuropean court declares Uber a 'transport-service'. What does this mean?
In a judgment that could have far-reaching consequences, the European Court of Justice (ECJ) has ruled that Uber should be classified as a transport service and regulated like other cab services.
20 Dec 2017
XiaomiXiaomi offers 5A at Re 1, massive discounts on others!
The No. 1 Mi Fan Sale is now live on Mi's official website (www.mi.com). During December 20-21, you could get the Redmi 5A and other accessories at just Re 1.
20 Dec 2017
HuaweiHuawei, OPPO, Vivo cut smartphone-orders by 10% amid falling demand
Major Chinese smartphone makers Huawei, OPPO, and Vivo, are cutting their handset orders by 10% for Q4 2017 owing to the declining demand for smartphones worldwide.
19 Dec 2017
IndiaOkinawa launches the fastest electric-scooter "Praise" at Rs. 59,889!
Gurugram-based Okinawa Autotech has launched its flagship e-scooter Praise at Rs. 59,889 (Delhi ex-showroom).
19 Dec 2017
IndiaApple-India Sales head Sanjay Kaul quits as iPhone-sales struggle
Close on the heels of Apple reporting its slowest growth in six years in India, Apple India's Sales Head Sanjay Kaul has resigned from the post.
19 Dec 2017
Sushil Kumar ModiJaitley: Government ready to include petrol, diesel under GST
FM Arun Jaitley announced that the government is prepared to bring petroleum products like petrol, diesel and LPG under the ambit of the goods and services tax (GST). They are now waiting for states' consensus to go ahead.
19 Dec 2017
IndiaOla buys Foodpanda to get into food-business, will infuse $200mil
Ola has announced it will acquire Foodpanda's India business, wherein Foodpanda's parent company DeliveryHero will get an undisclosed amount of Ola stocks.
19 Dec 2017
IndiaMobile portability charges could soon come down to Rs. 4
If the TRAI has its way, mobile number portability (MNP) charges in India will go down 80% from the current Rs. 19 to Rs. 4.
19 Dec 2017
NetherlandsEU authorities investigating IKEA's tax affairs
The European Commission is set to investigate Swedish multinational giant IKEA's corporate tax structure.
18 Dec 2017
iPhoneiPhones get costlier in India after customs duty hike
The government's import duty hike on mobile phones has led to a rise in prices of Apple's iconic iPhones.
18 Dec 2017
AustraliaControversial Carmichael project: Adani cancels A$2bn contract with Australia's Downer
Indian multinational conglomerate Adani Group has parted ways with Australian mining company Downer, terminating an A$2billion ($1.5billion) contract for the proposed, controversial $16.5billion Carmichael coal mine project in Australia's Queensland.
17 Dec 2017
UberUber stole rivals' secrets and used undercover agents, says letter
It seems that Uber's legal battle with Alphabet-owned self-driving company Waymo has reached a critical point.
17 Dec 2017
FlipkartHere's your chance to get "iPhone 8" for Rs. 59,999!
E-commerce giant Flipkart is running a three-day "New Pinch" sale (15-17 December) in which it is offering big discounts on all variants of the world's "Most Searched Smartphone for 2017" - the iPhone 8.
17 Dec 2017
Bharti AirtelAirtel, its payments-bank's e-KYC license temporarily suspended over Aadhaar misuse
Following allegations of Bharti Airtel "surreptitiously" using the Aadhaar-based e-KYC process to open accounts in Airtel Payments Bank without customers' consent, the UIDAI has -taking its strongest action yet- suspended Airtel's e-KYC license temporarily.
17 Dec 2017
IndiaIndia's love for gold! Gold buying trends in the country
The love for gold in India is not surprising. The country's love affair with the precious metal is as old as its culture.
16 Dec 2017
IndiaGST Council: E-Way Bill system to be implemented from January
To facilitate seamless movement of goods across states, Finance Minister Arun Jaitley-led GST Council has decided to go for an early rollout of the nationwide "electronic-way bill system" under the GST regime.
15 Dec 2017
Reserve Bank Of India (RBI)No charges on card transactions upto Rs. 2,000 from January
Starting January 1, 2018, you won't have to pay transaction fees on debit card payments of up to Rs. 2,000 for two years.
15 Dec 2017
IndiaJioPhone manufacturing-facility moved from China to Chennai, amid production issues
Mukesh Ambani-owned Reliance Jio Infocomm shifted the production facility of its affordable 4G feature phone, JioPhone, from China to India, after facing supply-related issues.
14 Dec 2017
AsiaDisney acquires 21st Century Fox's assets in $66bn deal
Disney has announced a major deal to acquire several parts of Twenty-First Century Fox for $52.4bn in stock, including their movie studios, the Nat Geo network, Asia's pay-TV operator Star TV, and some stakes in Sky, Hulu and regional sports networks.
14 Dec 2017
PaytmiPhone X, too expensive? Here's your chance to win it!
Apple's tenth-anniversary iPhone edition, the iPhone X, starting at Rs. 89,000 is undoubtedly one of the blockbuster smartphones of 2017. However, it is also the most expensive iPhone ever.
14 Dec 2017
IndiaWPI inflation touches 8-month high of 3.93%
The Wholesale Price Index (WPI) inflation rose to an eight-month high of 3.93% this November on the back of rising food and fuel prices.
13 Dec 2017
FacebookHow's the JioPhone doing three months after launch? A verdict
Perhaps the most revolutionary development in the Indian market this year was the entry of the JioPhone, a feature phone at never-before prices that intensified an ongoing price war in telecom.
13 Dec 2017
IndiaGold prices steady after four-month low
After falling continuously since a week, gold prices hit a four-month low yesterday, after a dip of Rs. 180 in the Delhi bullion market.
13 Dec 2017
IndiaApple's India growth hits 6-year low: What's the reason?
Apple is only $200mn away from hitting the $2bn-mark in India sales; Apple India reported sales of Rs. 11,619cr ($1.8bn) for FY 2016-17, compared to Rs. 9,937cr in FY 2015-16.
13 Dec 2017
IndiaAir Deccan back with its Re 1 air tickets!
Air Deccan, the first low-cost airline in India which shut operations in 2012, is all set to make a comeback under the government's Udan scheme.
13 Dec 2017
Reserve Bank Of India (RBI)What is FRDI Bill? How does it protect your bank-deposits?
Most of us have bank accounts, but the funds held in these savings accounts aren't really safe if the banks fail.
