Business News
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Maruti wants to sell 6 lakh used cars annually
Regardless of the fact that 36 lakh used cars were sold in FY 17, the Indian market of used cars is largely unorganized in nature.
Air India gets Rs. 927 crore breather, banks shy away
The center has pumped in another Rs. 927 crore in Air India this month, keeping its promise of fund infusion made almost a decade ago.
RBI rate cut unlikely, July retail inflation surges to 2.36%
The possibility of a near-term interest rate cut by the apex bank of India looks bleak, as India's retail inflation reversed its downward trend and stood at 2.36% in July from 1.46% noticed in June.
Flipkart and 38 other companies miss out on GSP license
Indian e-commerce giant Flipkart has missed out on becoming a holder of the GST Suvidha Provider (GSP) license.
Alex Ljung and SoundCloud's search for the right tune
It is always a challenging thing to ask the founder and CEO to let go of his start-up. It's almost criminal in ethical terms. However, at the end of the day, the start-up is no longer only about him/her.
Nintendo faces patent infringement lawsuit over its Switch console controllers
According to its latest earnings report, Nintendo has sold 4.7 million units of Switch, since it was launched this year.
History's richest men: Gates is an average-Joe in Akbar's eyes
If someone asks who are the richest people in the world right now, the answer would be pretty easy. It's Bill Gates, Warren Buffet, and Jeff Bezos.
Volkswagen's Indian MQB platform would mean significant investments
Come September, the Volkswagen AG board will decide on the proposal to launch its Modular Transverse Matrix (MQB) platform in India.
Demonetization recap: The curious case of missing Rs. 500 notes
Demonetization is still fresh in our minds. After all, it was a big deal. In a single stroke, two major currency denominations, that were in use, became invalid and new notes were introduced.
How can you invest in virtual currencies in India?
Cryptocurrencies are a huge rage around the world and India is slowly waking up to its possibilities.
GST update: Non-AC area at AC restaurants under 18% slab
According to the GST norms, 12% is charged on every food bill in non-AC restaurants. Similarly, 18% is charged in AC restaurants and at those with a liquor license and 28% is charged in 5-star hotels.
SoundCloud survives, emerging voices in music will not be silenced
SoundCloud is not shutting down its shop, just yet.
Your phone bill just got cheaper, with TRAI's new move
Mobile calls and data packs have now become extremely affordable and if things go as planned, we will see another cut in tariff soon.
Investing in stocks: Know your investment options
People's decision to invest in stock markets are largely affected by misconceptions about the stock market, a lack of adequate information, and a limited amount of funds.
Govt likely to ration consumer goods in Army Canteens
At a time when most FMCG players have just started recovering from the tepid sales growth after the GST rollout, they are likely to witness a fall in their high-volume Canteen Stores Department (CSD) business.
Indian-origin entrepreneur raises $1.1bn by SoftBank
A US-based biotech company founded by an Indian-origin entrepreneur has raised $1.1bn from SoftBank and other investors- one of the largest fundings in the life science sector.
WhatsApp UPI payments feature may finally be ready
WhatsApp is finally gearing up for its next big step. With Paytm planning on bringing its messaging service soon, it has now decided to integrate UPI-based mobile payments system into its platform.
Uber's investor sues ex-CEO Travis Kalanick for fraud, mismanagement
It looks like a bumpy ride ahead for Uber's Founder and ex-CEO Travis Kalanick who stepped down in June.
Home loan basics: Here's what you need to know
While house prices have been skyrocketing, interest rates on home loans are falling.
Intel will build a fleet of 100 self-driving test cars
Another company jumps on the bandwagon of creating self-driving vehicles.
SoftBank buys stake in Flipkart, becomes its largest shareholder
Flipkart just announced that it has received a mix of primary and secondary capital from the SoftBank Vision Fund.
Google vs. 60 female ex/present employees: Accusation? Sexism, pay gap
Oh, the irony of the entire situation! Days after Google tried to emerge as the champion of gender equality in the tech world, 60 current and former female employees of Google are mulling on bringing a class-action lawsuit against the firm.
Tata Motors quarterly results, loss masked by one-off gain
Tata Motors reported that its total income had fallen by 10% to Rs. 599.72billion in the April-June period.
Google bats for gender equality, ends up hating free speech
Google has fired James Damore, the man behind the anti-diversity memo that caused widespread outcry both within and outside the firm in the last few days.
Your Domino's Pizza will now have more toppings and cheese
Important things first, Domino's will now make pizza using a softer crust, add more toppings and cheese.
You can now buy OnePlus 5 in gold variant!
In a good news for gadget freaks, OnePlus has now launched the new OnePlus 5 in a limited-edition Soft Gold variant in India.
Disney breaks up with Netflix, will start its streaming service
Disney and Netflix are parting ways. According to reports, Disney is now going to launch its own streaming service that will have its central Disney and Pixar brands; and another that will take care of live sports.
Indian mobile shipments rise to 350mn in 2017: Study
The Indian handset market witnessed a rise in shipments from 280 million in 2016 to 350 million in 2017 found an ASSOCHAM-KPMG joint study.
Vodafone's new SuperHour offer: Unlimited calling at just Rs. 7!
Vodafone has become the latest player in the telecom bloodbath. It has released new "SuperHour" packs with unlimited calling and data for one hour.
Price-hike alert: Revised GST might push up car prices
Although several car models had become cheaper after the implementation of GST, car lovers are in for an unpleasant surprise.
TRAI calls Apple 'anti-consumer' for not allowing DND on iOS
Anyone with a cell phone knows how annoying it is to get unwanted calls/SMSes from telemarketers, spammers, and scammers!
Paytm's two new features and how to use them
India's most widely used digital payments platform Paytm has added two nifty features in its Paytm store and wallet app.
Tesla to raise $1.5bn to fund new Model 3 production
Despite having $3bn in cash, Tesla will sell bonds to professional investors in order to raise $1.5bn for the production of its new Model 3 car.
Uber, to clear its name, shares ex-CEO Travis Kalanick's deposition
Uber, in order to clear its own name from the Uber versus Waymo self-driving car technology case, has now unsealed its former CEO Travis Kalanick's deposition for scrutiny.
Amazon India may enter online food retailing business during Diwali
Amazon, after receiving the go ahead from the government, will make its Indian debut into online food retailing during the Diwali season.
Flipkart's Big Freedom Sale: Watch out for these deals!
India's 70th Independence Day is around the corner, and so is Flipkart's 'Big Freedom Sale' (August 9-11).
Facebook edges past Microsoft, Google in profit per employee
If reports are to be believed, it's not the old-school behemoths Microsoft and Google's parent company Alphabet but the new age social media platform Facebook, that made the maximum moolah per employee in the second quarter of 2017.
Flipkart will sell refurbished smartphones at discounted prices by Diwali
According to reports, home-grown e-commerce platform Flipkart will now follow the footsteps of its biggest rival Amazon and will start selling refurbished smartphones by Diwali.
GST: Cess on luxury cars to rise to 25%
The GST Council has decided to raise the cess on luxury automobiles from 15% to 25%.
Airtel offer: Unlimited calling, 1GB/day for 84 days at Rs.399
Good news for Airtel prepaid users. On the lines of Jio's unlimited plans, Airtel has now launched a Rs. 399 plan with unlimited calling and 1GB/day for 84 days.