Business News

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25 Apr 2018

Samsung

Xiaomi dominates Indian smartphone market with 31% market share

According to a report by market research firm Counterpoint, Xiaomi has emerged as the leader in the Indian smartphone market with the largest market share of 31.1% in Q1 2018.

24 Apr 2018

Reliance Industries

Sensex gains 166 points, Nifty tops 10,600-level

Benchmark indices managed to close higher for the second session today, led by gains in refinery, capital goods, healthcare, auto, and banking stocks amid firming trend in global markets.

24 Apr 2018

Lok Sabha

Electoral bonds: Third tranche of sale starts from May 1

The finance ministry on Tuesday said the third tranche of electoral bonds sale will take place from May 1-10.

24 Apr 2018

Yogi Adityanath

American firms see an opportunity to invest in UP

American firms are seeing a window of opportunity to invest in Uttar Pradesh, the head of a US business advocacy group said today, underlining that a change in India's most populous state would mean a change in the entire country.

24 Apr 2018

Electric Vehicles

Micromax exploring electric vehicles business amid competitive smartphone market

Indian smartphone manufacturer Micromax is reportedly looking to enter the electric vehicles and battery manufacturing business.

#FinancialBytes: Buying a car? Here are 6 best car-loan options

Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.

IIT entrepreneurs arrested in Rs. 2,000cr bitcoin scam

Serial entrepreneurs Sahil Baghla and Nikunj Jain, co-founders of the Guguram-based Darwin Labs, were arrested today for their alleged links to Amit Bhardwaj.

23 Apr 2018

India

Monthly Rs. 200-250cr deficit leaves Air India's aircraft lying unutilized

Air India is in bad shape. The airline, which faces debts of Rs. 48,876cr, has seen a monthly cash deficit of Rs. 200-250cr, which has left it unable to purchase much-needed spares.

22 Apr 2018

India

#FinancialBytes: 6 best Life Insurance policies available in India

Almost everyone has heard of "Life Insurance". It is one of the safest and best ways to protect one's family and their future in case of the policyholder's untimely demise.

22 Apr 2018

Airtel Plans

Airtel brings 3GB data at Rs.49! But there's a catch

Airtel has a new Rs. 49 pack on offer for its prepaid customers, which gives a whopping 3GB data for one day.

22 Apr 2018

India

Thales looking at role in India's nuclear submarine project

French defense company Thales has said it is working on doubling its footprint in India by expanding its overall product portfolios with a major focus on India's ambitious project to build a fleet of nuclear-powered attack submarines.

22 Apr 2018

India

India's GDP expected to reach $5 trillion by 2025

India is poised to remain the fastest growing large economy in the world and its GDP is expected to reach $5 trillion by 2025 as the economic reforms adopted in last few years have started to bear fruit, a top Indian official said.

22 Apr 2018

World Bank

Jan Dhan accounts' deposits reached Rs. 80,545.70cr on April 11

Total deposits in Jan Dhan accounts, which have been steadily rising since March 2017, were at Rs. 80,545.70cr on April 11, according to Finance Ministry data.

22 Apr 2018

India

India's pace of growth to accelerate in 2018-19: RBI Governor

Asserting that the Indian economy turned in a resilient performance in 2017-18, RBI Governor Urjit Patel has said the country's growth is expected to accelerate in 2018-19.

22 Apr 2018

Startups

This Indian start-up is hiring interns aged 60 and above

In what seems like a direct inspiration from Oscar-winning actor Robert De Niro's 2015 comedy, "The Intern", an Indian start-up called Truebil is now hiring 60-year-old interns.

World debt hits record $164 trillion: Should we be worried?

The global economy has been in its strongest upswing since 2011, but there's a monster under the bed.

21 Apr 2018

Tamil Nadu

SBI to save Rs. 30cr through wind/solar power investments annually

On the eve of World Earth Day, State Bank of India said it saved Rs. 125cr in the last eight years by installing 10 windmills, and expects to save Rs. 30cr annually through its renewable energy investments.

21 Apr 2018

YouTube

Where are the first 20 employees of Google now?

It's been 20 years since Google was founded by Larry Page and Sergey Brin in 1998.

21 Apr 2018

Apple

Free battery replacement of faulty MacBooks manufactured between October 2016-2017

Apple has announced that the built-in battery of a limited number of its 13-inch MacBook Pros without Touch Bars may expand due to a component failure.

20 Apr 2018

Netflix

Airtel might offer free Netflix subscription via Airtel TV app

According to reports, Airtel might soon offer a free Netflix subscription to users of its Airtel TV app.

20 Apr 2018

Narendra Modi

Indian banks received highest fake currency post demonetization: Report

The country's banks received an all-time high amount of fake currency and also detected an over 480 percent jump in suspicious transactions post demonetization, the first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.

20 Apr 2018

Arun Jaitley

Petrol,diesel prices touch new-highs. Will bringing them under GST help?

Petrol price in Delhi touched a new high today at Rs. 74.08 per liter, the highest in almost five years.

20 Apr 2018

London

RBI approves overseas offices for Yes Bank in London, Singapore

Mid-size private sector lender Yes Bank today said it has received approval from the Reserve Bank of India to have presence in London and Singapore to support the diaspora business and also international trade.

20 Apr 2018

India

#FinancialBytes: Going to US for higher-studies? Here're best education-loan options

Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.

20 Apr 2018

Travis Kalanick

Former Yahoo! CEO Marissa Mayer setting up new start-up incubator

Former CEO of Yahoo! Marissa Mayer is setting up a new start-up incubator called Lumi Labs.

19 Apr 2018

India

UBER eats launches in Kolkata

UBER eats, the food delivery arm of ride-hailing giant Uber, has launched in Kolkata.

19 Apr 2018

Business

Chai Point raises $20mn in Series C funding

Bengaluru-based tea retailer Chai Point has confirmed that it has raised $20mn in Series C funding round led by Paragon Partners.

19 Apr 2018

Amazon

Amazon Prime hits 100 million paid members

Amazon CEO Jeff Bezos has released his latest annual shareholders letter, revealing that over 100 million people now avail the company's Prime Membership.

19 Apr 2018

India

Looking at Mukesh Ambani's life journey on his 61st birthday

Mukesh Ambani is one name that demands respect and envy at the same time. As India's richest businessman, thousands want to live his extra-ordinary life, and an equal number aspire to become as successful as he is.

19 Apr 2018

India

India using 'right policies' to lower high debt level: IMF

India has "quite a high" level debt to GDP ratio, but New Delhi is trying to lower it using "the right policies", the International Monetary Fund has said.

19 Apr 2018

India

Commercial driving licenses not required for driving taxis, autos

Commercial driving licenses will not be required henceforth for driving taxis, three-wheelers, e-rickshaws, and two wheelers (for food delivery, transport services etc.), the government has announced.

19 Apr 2018

Bharti Airtel

Airtel has highest 4G download speeds in India: Report

According to a report by London-based wireless coverage mapping agency OpenSignal, Bharti Airtel has the maximum 3G and 4G download speeds in India.

19 Apr 2018

India

Kala Khatta to Meetha Paan: Durex announces new flavored condoms

In an attempt to disrupt the market of flavored condoms in India, Durex has launched four new varieties of condoms as part of a campaign wittily titled '#IshqKeLakhonRang'.

18 Apr 2018

India

Samsung most trusted brand in India for second consecutive year

According to the Brand Trust Report 2018 by TRA Research, Samsung is the most trusted brand in India followed by rivals Sony and LG, respectively.

18 Apr 2018

Philadelphia

Racial Tolerance: Starbucks to shut 8,000 stores for an afternoon

Starbucks, the world's biggest coffee company, will shut down 8,000 of its stores across the US in the afternoon on May 29 to give lessons on racial tolerance to its 175,000 employees.

18 Apr 2018

India

#FinancialBytes: Best investment options for those who earn Rs. 1L

Creating wealth by making investments and earning good returns is essential for anyone as earning money isn't always enough these days to fund one's financial goals.

18 Apr 2018

Nokia 3310

Amazon India offers feature phones at up to 40% discount

Amazon India has launched 'Feature Phones Fest' to offer feature phones at discounted prices.

18 Apr 2018

India

Experiencing call drops, slow internet in New Delhi? Here's why

People in New Delhi may experience slow internet, network congestion and a rise in call drops as MCD has sealed 566 mobile towers, industry body Tower and Infrastructure Providers Association (TAIPA) said in a statement.

17 Apr 2018

India

ASUS ZenFone Max Pro to be Flipkart-exclusive: Details here

The ASUS ZenFone Max Pro smartphone will be launched in India on April 23 and sell exclusively via Flipkart.

17 Apr 2018

Business

Entrepreneurship: It is you versus the rest of the world

Entrepreneurship is a lonely job. You may celebrate your successes (which are far too less) with your co-founders and your 'fevicol se bhi majboot' team, but it ends there. Even your closest friends don't understand your highs and lows.