Business News
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22 Jun 2017
IndiaNew security features on Facebook India, especially for women
In a relief for millions of Indian women on Facebook, the portal has launched two new safety features to check unauthorized misuse of profile photos.
22 Jun 2017
BengaluruBengaluru's next epic service: Diesel-on-demand
Bengalureans have a new doorstep service: they can now have diesel delivered at home with just a phone call or online booking.
22 Jun 2017
IndiaIs Tata going to take over Air India?
The Centre is reportedly inquiring whether the Tata Group is interested in buying state-owned Air India of which the latter is the original promoter.
22 Jun 2017
Bharti AirtelVodafone, Airtel, Idea unhappy over TRAI's delay on test rules?
Telecom giants Vodafone, Airtel and Idea Cellular criticized the Telecom Regulatory Authority of India (TRAI) for its delay in refining network test rules in the sector.
21 Jun 2017
AmazonAmazon Prime Wardrobe: 'Try before you buy' service
Shopping for clothes online is a nightmare for many; apart from issues related to the sizes and colors, returns are always a hassle.
21 Jun 2017
IndiaIndia expected to be world's 10th largest advertising market
New York-based IPG Mediabrands revealed that India's rising advertising market had aced to the 10th spot amongst global advertising markets.
21 Jun 2017
IndiaBanks can deposit demonetized notes with RBI till July 20
The Finance Ministry has asked banks and post offices to deposit old demonetized notes of Rs. 500 and 1,000 at the Reserve Bank of India (RBI) by July 20.
21 Jun 2017
Delhi#JioEffect: Vodafone partners with Meru, Mega Cabs for 4G services
The country's largest telecom company, Vodafone India, is set to partner with Mega, Meru and Easy Cabs to help users switch to avail its 4G services.
21 Jun 2017
IndiaAircrafts aggregator start-up JetSetGo records 700% revenue growth
Founded as an aircraft aggregator for charter jets, Indian start-up JetSetGo has been flying high after recording growth of over 700% in revenues this year.
20 Jun 2017
IndiaLanco Infratech: First of 12 blacklist companies facing bankruptcy action
Lanco Infratech was touted to be the first company amongst Reserve Bank of India's twelve blacklist companies to face bankruptcy action.
20 Jun 2017
IndiaReliance Communications looks to sell 133 acre IT park
Anil Ambani-led Reliance Communications Limited is looking to snag buyers or jointly develop the massive 133 acre Dhirubai Ambani Knowledge centre (DAKC), reports said.
20 Jun 2017
PaytmHow can you sell and buy Digital gold on Paytm?
According to reports, Paytm's Digital Gold, which was launched on April 27 this year, has grown 100% month-on-month in sales volume.
20 Jun 2017
StartupsHousing.com founders cry foul play on new owner's actions
If someone ever had to tell the story of hubris in Indian start-up space, he would talk about Housing.com.
20 Jun 2017
IndiaPaytm eyes license to launch money market fund in India
The country's biggest online payments company, Paytm, is reportedly looking to gain a license that will enable it to launch a money market fund.
20 Jun 2017
IndiaTata-Lockheed Martin sign deal to manufacture advanced F-16s in India
Tata Advanced Systems Ltd and US aerospace major Lockheed Martin Corp. have signed a deal to manufacture the iconic F-16 fighter jets in India.
20 Jun 2017
IndiaGST: Ahead of mid-night launch, massive discounts on consumer goods
Finance Minister Arun Jaitley has announced that the GST will be launched at midnight on June 30, with a program in the Central Hall of Parliament.
20 Jun 2017
IndiaCairn Energy asked to cough up Rs.10,247 crore in taxes
The country's income tax authorities have ordered action against the British oil giant Cairn Energy to help recover a whopping Rs. 10,247 crore of retrospective tax.
19 Jun 2017
IndiaCDSL IPO gains full subscription on Day 1
The Central Depository Services Ltd (CDSL), one of the two depositories in India, saw its initial public offering (IPO) oversubscribed nearly 1.01 times today, its first day of issue.
19 Jun 2017
IndiaGST impact: AC manufacturers to clock less revenues
With the new GST tax rates, dealers are scrambling to destock the old inventories to sell products that were bought earlier.
19 Jun 2017
IndiaCoca-Cola India shuffles leadership team, more exits expected soon
It started with rejigging their focus from sugary drinks to healthy options, then introducing new categories in the Indian market and now it is making changes in the higher echelons of management to drive growth.
19 Jun 2017
United States of America50% laid off IT-employees will get hired again, says survey
According to a recent survey, more than 50% of the two lakh employees, who are expected to be laid off from the IT sector in the next two years will get absorbed back into the system once they are re-skilled.
19 Jun 2017
IndiaGST update: Businesses given "elbow room", return filing rules relaxed
The biggest tax-reform in India's 70-year history is set to start from July 1 and as the government is running its final lap, it's making certain allowances to make sure that everybody is on board the new regime.
18 Jun 2017
IndiaIndian-American Rishi Shah, the newest tech billionaire
Indian-American Rishi Shah, who quit college ten years ago to pursue his dreams, has become the newest tech entrepreneur to join the billionaire club with his business partner Shradha Agarwal close behind.
17 Jun 2017
JapanJapanese start-up makes papers from stones, and not trees
Tablets made of stone were one of the earliest tools used for writing before invention of paper.
17 Jun 2017
RedditReddit raising funds, company's valuation to be $1.7bn
Giving a major boost, venture capitalists are funding popular link-sharing website Reddit that will give the company a total valuation of $1.7 billion.
17 Jun 2017
San FranciscoWork from home: Working practices adopted by a digital generation
Automattic, the firm behind WordPress.com, is selling its beautiful 15,000 square-feet San Francisco office as its employees have simply stopped coming to work.
16 Jun 2017
IndiaHiring trends in India for 2017-2018
While the MyHiringClub.com and JobPortal.co.in Employment Trend Survey (MJETS) 2017 forecasted the creation of 8.75 lakh jobs in 2017 in the formal sector in the wake of the demonetization, the Employment Outlook Report by Teamlease has shown subdued drives for hiring in the first half of FY 2017-2018.
16 Jun 2017
StartupsAmazon acquiring Whole Foods in a whopping $13.7bn all-cash deal
Tech giant Amazon is acquiring US supermarket chain Whole Foods Market in a $13.7 billion all cash deal - the biggest transaction ever for the e-commerce player.
16 Jun 2017
IndiaIntel to invest Rs. 1100crore towards R&D expansion in India
US based MNC and global chip manufacturer Intel Corporation has announced an investment of over Rs.1100 crore ($170 million) for its upcoming Research and Development (R&D) centre in Bangalore.
16 Jun 2017
IndiaXiaomi launches 'Reward Mi' program for Indian users
After opening its first 'Mi Home' in India last month, Chinese electronics giant Xiaomi announced 'Reward Mi' program in the country.
15 Jun 2017
United States of AmericaUS Federal Reserve hikes interest rate, plans balance sheet reduction
The Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.
15 Jun 2017
IndiaMcDonald's, KFC, Domino's and more, now on Indian Railways!
Indian Railways is going all out to make train journeys a more-than-comfortable experience for passengers. After a series of innovations, it is now giving people the option of ordering their favorite items from Domino's, KFC and more!
15 Jun 2017
San FranciscoAmazon in talks to acquire Slack?
Corporate messaging start-up Slack Technologies based in San Francisco has reportedly been receiving inquiries about a potential takeover from tech giants like Amazon.com.
15 Jun 2017
IndiaHow expensive are Reliance Jio "free" services?
There will be a general consensus if one says that the history of Indian telecom can now be broken down into two very distinct time frames, one that was before Jio and the other after Jio.
14 Jun 2017
Google MapsThe legacy of Marissa Mayer
After a year of negotiations, Verizon completed its acquisition of Yahoo for $4.48 billion.
14 Jun 2017
IndiaRBI: 12 mega defaulters, accounting for 25% of NPA, identified
The Reserve Bank of India (RBI) said, its internal advisory committee (IAC) has rounded up 12 accounts, responsible for almost 25% of the non-performing assets (NPAs) problem plaguing the banking system.
14 Jun 2017
IndiaAmazon eyes BigBasket to tap into India's online grocery space
Amazon is currently exploring the possibility of buying online grocery site BigBasket in order to solidify its stance in India.
13 Jun 2017
IndiaLoan waivers: state's solution would become an entire nation's problem
Every state should come to the aid of its farmers; after all, they are the backbone of our economy.
13 Jun 2017
IndiGoGST will force budget airlines to hike their fares
Many Indians prefer air travel as it is faster, more comfortable and, thanks to the presence of several budget airlines, it is quite affordable these days.
13 Jun 2017
IndiaGST update: Banks' registration in every state mandatory
Previously, banks had urged the NDA government to consider their proposal to have a centralized registration system under the GST regime, as multiple registrations could lead to procedural hiccups resulting in compliance problems.
