Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
17 Apr 2018
IndiaOla to launch 10,000 e-rickshaws in India within 12 months
Ride hailing service Ola has announced it would add 10,000 e-rickshaws to its platform over the next 12 months.
17 Apr 2018
India#FinancialBytes: Planning to buy house? Here are 6 home-loan options
All major banks and house financing companies offer home loans that provide funding for buying or constructing houses and residential properties.
16 Apr 2018
South Korea5G Smartphone shipments to exceed 100 million by 2021
According to a latest research by Counterpoint, the 5G smartphone shipments are estimated to grow 255% by 2021, to reach nearly 110 million units.
16 Apr 2018
AppleApple's internal memo warning employees against leaks gets leaked
To put a stop on product leaks, Apple has released an internal memo warning its employees against leaking information on confidential future developments.
16 Apr 2018
IndiaSingapore-based NRI businessman plans to implement $2bn project in India
A Singapore-based NRI plans to implement projects worth $2 billion in India, focusing on green initiatives such as electric vehicles (EVs) and healthcare center.
16 Apr 2018
IndiaWorld Bank: India has recovered from the impact of demonetization
The World Bank has said that the Indian economy has recovered from the adverse effects of the demonetization and implementation of GST.
16 Apr 2018
AmazonEverything about Amazon's 6,000-dog-strong workforce
Amazon employees share their workspace at the company's Seattle-based headquarters with 6,000 dogs, the retail giant announced in a blogpost.
16 Apr 2018
Bharti Airtel5,000 employees to lose jobs as Vodafone-Idea move towards merger
As the Idea and Vodafone merger draws to a close (sources say it is likely to be done by May), the companies will be seeing many changes in the next couple of months.
16 Apr 2018
InfosysWhistleblower asks SEBI to question Infosys board
An anonymous whistleblower has sent a letter to market regulator SEBI demanding accountability about the Infosys board's decision to buy firms Panaya and Skava and sell them three years later at a significantly lower value.
16 Apr 2018
India#BusinessBytes: All about the top 7 debit cards in India
Debit cards are payment cards linked to one's savings account. Customers can conveniently withdraw money at ATMs, deposit cash, shop offline/online, etc.
15 Apr 2018
BBCGoogle loses landmark case over the right to be forgotten
A businessman in the United Kingdom wanting to remove search results about his past conviction won a 'right to be forgotten' case against Google on Friday.
15 Apr 2018
Central Bureau Of Investigation (CBI)UCO Bank fraud: Ex-CEO booked for defrauding Rs. 621cr
The CBI has booked the former Chairman-cum-Managing Director of UCO Bank, Arun Kaul, along with others, in connection with a Rs. 621cr loan fraud.
15 Apr 2018
IndiaElon Musk admits "humans are underrated"
Tesla CEO Elon Musk has admitted that his company's dependency on excessive automation to manufacture the Model 3 electric car has led to a "production hell" and that the human workforce was underrated.
15 Apr 2018
BusinessBrace for the costliest Akshaya Tritiya as gold prices soar
If you're planning to go gold shopping on Akshaya Tritiya, there's some disheartening news for you.
15 Apr 2018
Andhra PradeshUAE-based business group seeks Rs. 10,000cr investment in Andhra Pradesh
The UAE-based Business Leaders Forum (BLF) has sought investments of up to Rs. 10,000cr in Andhra Pradesh with the partnership of the state government to spur growth in avenues such as food park, medical city, large infrastructure project.
15 Apr 2018
IndiaSUV sales grew seven times faster than passenger-cars in 2017-18
Fuelled by new models and changing lifestyles, SUV sales grew seven times faster than passenger car sales in 2017-18, according to a report released by the Society of Indian Automobile Manufacturers (SIAM).
15 Apr 2018
IndiaBHIM app offers attractive cashback: Here's how you can claim
Government promoted Bharat Interface for Money (BHIM) app has announced a new cashback scheme for both its customers and merchants.
14 Apr 2018
MumbaiDomestic airfares see 4-9% reduction, despite increase in demand
This summer, domestic air travellers are in for some good news.
14 Apr 2018
South KoreaKitKat is now available in pink color
After enjoying resounding success in Japan and South Korea, Nestle is all set to launch its new KitKat, made with original pink chocolate, in the United Kingdom on April 16.
14 Apr 2018
InfosysInfosys: Single digit salary hike for majority of employees
On Friday, Infosys announced that it had rolled out salary hikes ranging from "mid-single digit to high-single digit" for a majority of employees, both onsite, and offshore.
14 Apr 2018
IndiaApple to start manufacturing iPhone 6s Plus in India
Apple has started the trial production of the iPhone 6s Plus at the Bengaluru plant of its contract manufacturer, Wistron. The commercial manufacturing may begin in a couple of weeks, according to reports.
13 Apr 2018
XJack Dorsey receives $0 from Twitter for third straight year
Twitter CEO and co-founder Jack Dorsey declined to take any salary from the company in 2017, making it the third consecutive year Dorsey ran Twitter for free.
13 Apr 2018
Reliance JioAirtel offers 30GB data for upgrading from 2G/3G to 4G
In a new initiative, Airtel is offering 30GB of free data to customers who upgrade from a 2G or 3G network to a 4G Airtel network.
13 Apr 2018
Donald TrumpSensex gains 200 points in afternoon trade, Nifty over 10,500
BSE benchmark Sensex surged over 200 points in afternoon trade today amid buying in most sectors, reflecting positive investor sentiment on strong macroeconomic numbers released yesterday.
13 Apr 2018
XiaomiRedmi Note 5 Pro pre-orders start today on Mi's website
The Redmi Note 5 Pro will be available for pre-orders at 12pm on Friday, April 13 via Mi.com.
13 Apr 2018
India#BusinessBytes: 6 popular savings-bank accounts and facilities they provide
Savings accounts, the basic investment option, allow customers to save their money safely, use it anytime, and also earn interest on it.
12 Apr 2018
XiaomiAI and some money: How lending start-ups are helping students
According to a KPMG-NASSCOM report, the Indian fintech market will touch $2.4 billion by 2020, up from the current $1.2 billion.
12 Apr 2018
QualcommJio's next gift to Indians: Laptops with SIM cards!
Jio knows how to disrupt the market, and if reports are to be believed, it is now planning another revolutionary product: laptops with cellular connections.
12 Apr 2018
TechnologyApple to pay $502.6 million to VirnetX for infringing patents
Apple has been ordered by a federal jury to pay $502.6 million to Nevada-based VirnetX in a patents infringement case related to secure communications.
12 Apr 2018
IndiaEconomic Freedom Index: India ranks 130; up by 13 spots
With an economic freedom score of 54.5, India was ranked 130 in the 2018 annual index of Economic Freedom released by The Heritage Foundation, an American conservative public policy think-tank based in Washington.
12 Apr 2018
Nokia MobilesGoogle may acquire Nokia's in-flight broadband system
Google is reportedly in talks to buy Nokia's airplane broadband business as it looks to explore new services by offering in-flight high-speed internet.
12 Apr 2018
India7 best credit-cards in India and the offers they have
People use credit cards for shopping, making online payments, travel purchases, availing discounts. The added benefits are the rewards and cashbacks they can avail.
11 Apr 2018
Bombay High Court'Nexus': Kochhars, Videocon had business links as early as 2001
Links between relatives of Chanda Kochhar, ICICI Bank CEO, and Videocon's Venugopal Dhoot, both allegedly involved in several illegal transactions, go as far back as 2001.
11 Apr 2018
IndiaIndia to grow 7.3% this fiscal, 7.6% in next: ADB
India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).
11 Apr 2018
FacebookFacebook will maintain integrity of elections in India: Mark Zuckerberg
In his first ever appearance before the US Congress on Tuesday, Facebook chief Mark Zuckerberg took personal responsibility for the Cambridge Analytica data-breach scandal.
11 Apr 2018
JapanBudding entrepreneurs, these 5 countries are best for the start-ups
Building a company is always difficult, but in some countries, it is less challenging. Programmes in these countries give entrepreneurs the push they need to kick-start their dream projects.
11 Apr 2018
NetflixAmazon to produce the world's most expensive TV show ever
In a bid to produce a show like Game of Thrones, Amazon may reportedly end up spending over $1 billion for the TV adaptation of 'Lord of the Rings.'
10 Apr 2018
XiaomiXiaomi looking to buy stake in fin-tech start-up ZestMoney
According to reports, Xiaomi is looking to buy a stake in fin-tech start-up ZestMoney.
10 Apr 2018
Electric VehiclesDelhiites can now take an electric vehicle on rent
In a boost to the push for electric vehicles (EVs), Mahindra Electric, in collaboration with Zoomcar, is offering 100 'e2oPlus' all-electric cars on rent in Delhi.
10 Apr 2018
IndiaAfter RBI-snub, Axis wants to cut CEO Shikha Sharma's tenure
In an unusual move, Axis, India's seventh largest bank, has sought permission from RBI to cut down the tenure of CEO Shikha Sharma from three-years to seven-months.
