Business News
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25 Sep 2017
AmazonPVR scales up expansion, aims to have 100mn users annually
Many may argue that Indians are now veering more towards staying at home and watching movies on subscription-based video streaming services, like Hotstar, Amazon Prime etc.
25 Sep 2017
AmazonAmazon buys 5% equity in Shoppers Stop for Rs. 179.25cr
Departmental store chain Shoppers Stop Ltd, in a board meeting, has okayed the proposal to sell 5% equity to Amazon's investment arm for Rs. 179.25 crore.
24 Sep 2017
Supreme Court Of IndiaVodafone moves SC asking for TRAI's transparency on IUC
After the Delhi HC dismissed its plea against TRAI's consultation process for fixing IUC charges, telecom major Vodafone approached the Supreme Court for the same.
24 Sep 2017
GSTGST unlikely to affect festive season offers and sales
According to the senior VP-Categories of ShopClues, Nitin Kochhar, GST is unlikely to have any impact on the various sales and offers being given on different e-commerce platforms, including ShopClues, to mark the festive season.
24 Sep 2017
IndiaGoogle launches an India specific review feature
Google has launched an India-exclusive feature, which allows web users to share their movie and television reviews within Google Search results.
24 Sep 2017
FacebookFacebook's Mark Zuckerberg drops controversial stock plan
Zuckerberg dropped the idea to create a new stock plan which would have helped him fund his philanthropic ventures while maintaining Facebook's control.
23 Sep 2017
IndiaCEA Arvind Subramanian gets one-year extension
The government has granted a one-year extension to Chief Economic Adviser Arvind Subramanian, whose term was to end in October.
22 Sep 2017
UttarakhandPatanjali in talks with investment banks to raise Rs. 1,000cr
Baba Ramdev's Patanjali is in talks with different banks to raise structured credit of Rs. 1,000cr to expand its business.
22 Sep 2017
LondonLondon denies fresh license to Uber: Will it stop operations?
According to reports, cab-hailing app Uber might not be operating in London anymore - its application for a new license has been denied.
22 Sep 2017
IndiaSpiceJet owner Ajay Singh to take control of NDTV
As NDTV founders Prannoy Roy, Radhika Roy and promoter RRPR Holding Pvt Ltd face a probe for allegedly concealing transactions, the channel is set to be handed over to a new owner.
22 Sep 2017
IndiaPaytm, BHIM, or Google Tez? For digital payments, choose wisely
Due to demonetization, several Indians were forced to opt for digital payment options, as cash transactions had come to a halt.
22 Sep 2017
IndiaChinese carmaker eyes India entry, may piggyback on Tata Motors
According to reports, Chinese carmaker Chery International intends to make an entry into India's automobile market.
21 Sep 2017
HTC MobilesGoogle strikes $1.1bn deal with HTC for Pixel talent
In one of the biggest acquihire deals of 2017, Google has struck a $1.1bn agreement with HTC in an attempt to expand its smartphone segment.
21 Sep 2017
IndiaBig Bazaar plans expansion, merger and takes online help
Kishore Biyani's Future group-owned hypermarket chain Big Bazaar plans on launching 100 stores all across India within next one year.
21 Sep 2017
IndiaMahindra & Mahindra will launch driverless tractors in 2019
Mahindra & Mahindra recently revealed a prototype of its driverless tractor. The firm plans on launching a fully functional model, for commercial use, in 2019. Before that, it'll launch a driver assist model next year.
20 Sep 2017
FlipkartHow to save the most on Flipkart and Amazon!
This is a grand time for Indian shoppers. All major ecommerce brands and even smaller ones have a range of deals lined up.
20 Sep 2017
JaipurCheque books of six SBI subsidiary banks to become invalid
Cheque books and IFSC codes of six subsidiary banks of SBI would become invalid post September 30, the country's biggest public lender announced.
20 Sep 2017
Bharti AirtelReliance Jio wins big, as TRAI hacks IUC charges
Jio just got its festival gift. The Telecom Regulatory Authority of India (TRAI) has reduced interconnect usage charge (IUC) to 6 paise/minute, which is less than half of 14 paise/minute that was the norm till now.
20 Sep 2017
IndiaTata Sons buys Tata Motors' shares, eyes online grocery retail
Tata Sons purchased 1.7% shares of Tata Motors worth Rs. 2,000 crore at a premium of 4% over Monday's closing price.
20 Sep 2017
National Investigation Agency (NIA)SEBI allows REITs, InvITs to raise funds by issuing bonds
In order to woo more investors into the cash-strapped property sector, Securities and Exchange Board of India (SEBI) has relaxed its norms and will now allow real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), listed on national stock exchanges, to raise funds by issuing debt securities.
19 Sep 2017
Wonder WomanDays after launching, Chinese company withdraws sex doll rental service
A sex doll rental service launched by the Chinese company Touch was forced to shut down after the strange concept attracted criticism.
19 Sep 2017
IndiaFind out how to spot a fake GST bill
The format in which businesses issue invoices has changed post GST. Earlier, bills contained VAT, Taxpayer Identification Number and Central Sales Tax number.
19 Sep 2017
AmazonToys 'R' Us balks under debt, files bankruptcy
Retail chains are already reeling from Amazon's aggressive pricing.
19 Sep 2017
IndiaPatanjali eyes Rs. 700cr deal: Second win in two months
According to reports, Baba Ramdev's Patanjali is set to bag a Rs. 700cr contract for mid-day meals in UP schools.
19 Sep 2017
IndiaZomato will charge zero commission from restaurants on food orders
Zomato is having a good run.
19 Sep 2017
SmartphonesBSNL will bring affordable feature phones with Lava, Micromax
It appears that all major telcos are coming out with their own phones to counter the JioPhone.
19 Sep 2017
Mukesh AmbaniJio has a new plan, getting into connected cars segment
Mukesh Ambani-led Reliance Jio is branching out.
19 Sep 2017
IndiaSBI is now reviewing minimum balance charges for savings accounts
According to reports, India's largest lender State Bank of India (SBI) has informed that it will re-evaluate non-maintenance of monthly average balance (MAB) charges for certain categories of accounts.
18 Sep 2017
IndiaVijay Mallya finally faces government ire: Rs. 100-crore shares transferred
Vijay Mallya, chairman of the now-defunct Kingfisher Airlines Ltd, is finally facing the ire of the enforcement directorate (ED) as his assets begin to be confiscated.
18 Sep 2017
InfosysA month after Sikka, Infosys senior VP Sanjay Rajagopalan resigns
A month after Vishal Sikka resigned from Infosys, the company's senior vice-president Sanjay Rajagopalan has also quit his post.
18 Sep 2017
IndiaPAN might soon be the 'Aadhaar' for entities
The government is planning to use the PAN and Aadhaar to drive out shell companies and curb black money.
18 Sep 2017
PunjabAmid state-sponsored loan waivers, SBI proposes a one-time settlement scheme
State Bank of India (SBI) in a bid to address its massive outstanding from agricultural loans and 'inculcate a repayment culture' among farmers is attempting to lure farmers with a one-time settlement scheme (OTS).
18 Sep 2017
IndiaSBI will fund Aadhaar linkage costs, technology upkeep via penalty
According to reports, State Bank of India (SBI) will use the sum accrued from the penalty received via bank accounts that have failed to maintain a minimum balance, to cover the Aadhaar linkage costs.
18 Sep 2017
IndiaGovt may get Rs. 15,000cr from NIA, GIC Re IPOs
The NDA government intends to rake around Rs. 11,000 crore by selling shares of four state-owned non-life insurers and the national reinsurer, according to its disinvestment plans for the current fiscal.
18 Sep 2017
PaytmAmazon, Flipkart, Paytm Mall festival sales may cross Rs. 10,000cr
Indian e-commerce firms are ready to battle it out this festive season with big discounts.
18 Sep 2017
IndiaiPhone X, iPhone 8 fast charging feature will cost extra
Apple has introduced three smartphones this time - iPhone 8, iPhone 8 Plus and iPhone X.
17 Sep 2017
IndiaUnion Minister Dharmendra Pradhan proposes bringing petroleum products under GST
Petroleum and Natural Gas Minister Dharmendra Pradhan has requested Finance Ministry to include petroleum products under GST ambit.
17 Sep 2017
Reserve Bank Of India (RBI)RBI may have its own "fiat" cryptocurrency called Laxmi
RBI executive director Sudarshan Sen had said that the central bank is not comfortable with "non-fiat" cryptocurrencies i.e. cryptocurrencies which are not regulated by the government.
17 Sep 2017
IndiaLooming job threats? 21% Indians set to face job loss
With the onset of artificial intelligence and automation, nearly 21% of India's workforce is set to face job threats by 2022, FICCI said in a report.
16 Sep 2017
IndiaMaruti shifts gears, to make electric cars in Gujarat
After expressing initial apprehension about the future of electric cars in India, automaker Maruti Suzuki announced that it will manufacture electric cars at its plant in Gujarat.
