Business News
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27 Feb 2018
Mukesh AmbaniReliance Jio to cover 99% of India's population by Diwali
Mukesh Ambani-led Reliance Jio and Samsung have tied up to make sure that 99 per cent of the country's population will use 4G by Diwali this year.
27 Feb 2018
PaytmE-wallets KYC-deadline: No extension beyond 28-February. Will it impact you?
In a major setback for e-wallets, RBI has refused to extend the deadline for mandatory full-KYC (Know-Your-Customer) compliance by users beyond 28 February.
27 Feb 2018
TechnologyRace to bring 5G services is heating up: Here's more
The race to bring super-fast 5G wireless services to market is heating up, with the first commercial deployment of the much-anticipated technology expected at the end of the year.
27 Feb 2018
IndiaNirav Modi case: Fraud amount could be Rs. 1,323cr more
The PNB scam, one of the biggest frauds in India's history, was initially estimated at Rs. 11,400cr, but the bank now says the amount of unauthorized transactions could be Rs. 1,300cr more than that.
26 Feb 2018
IndiaIndia's December quarter GDP growth likely to be 7%: Report
According to a recent report by Morgan Stanley, India's economic recovery is expected to have gathered momentum and GDP growth for the December quarter is likely to have accelerated to 7 percent.
26 Feb 2018
IndiaBSNL to roll out 4G services in 10 telecom circles
State owned telecom firm BSNL today signed a pact with Finnish telecom gear maker Nokia to roll out 4G services in 10 telecom circles covering Western and Southern regions in India.
26 Feb 2018
IndiaItalian luxury kidswear brand Monnalisa is set to enter India
Italian luxury kidswear brand Monnalisa is set to enter India later this year with its first outlet in Delhi.
26 Feb 2018
Bharti AirtelAirtel to bring high-speed in-flight data connectivity
India's largest telecom operator Bharti Airtel on Monday said it has joined a new global collaboration to bring high-speed and uninterrupted in-flight data connectivity to mobile customers.
26 Feb 2018
IndiaCBDT asks officers to step up tax collection
The Central Board of Direct Taxes (CBDT) has set higher targets for tax collection.
25 Feb 2018
IndiaCan homegrown MapmyIndia take on Google Maps in India?
Homegrown mapping company, Delhi-based MapmyIndia is gearing up to take on Google Maps and conquer its territory in India.
25 Feb 2018
IndiaPorsche to launch electric vehicles in India in early 2020
Luxury car maker company, Porsche has announced to launch an electric vehicle (EV) in India in the early 2020.
25 Feb 2018
IndiaNirav Modi deposited Rs.90cr in PNB before demonetization: NCP MLA
Even as billionaire Nirav Modi battles allegations of the largest banking fraud in India's history, he has been hit by more incriminating accusations.
25 Feb 2018
BengaluruTech Mahindra bets big on 5G, sets-up lab in Bengaluru
Tech Mahindra has set up a lab in Bengaluru, in association with US chipmaker Intel as part of its preparedness for 5G services expected to be rolled out by 2019, said a top executive of the IT firm.
25 Feb 2018
IndiaTV brands set to increase prices of LED/OLED sets
Leading TV manufacturers like Sony, LG, Panasonic and Samsung are set to increase prices of their LED/OLED sets by upto 7% to offset the impact of increase in customs duty.
25 Feb 2018
Reserve Bank Of India (RBI)RBI to banks: Link SWIFT, Core Banking Solution by April
The Reserve Bank of India (RBI) has set April 30 as the deadline for banks to integrate SWIFT (Society for Worldwide Interbank Financial Telecommunication) with Core Banking Solutions (CBS), as it looks to strengthen internal controls after the PNB fraud case.
25 Feb 2018
IndiaNirav Modi-scam: Property worth Rs. 523cr attached, PNB CEO questioned
Continuing its investigation into the Rs. 11,400cr PNB scam, the CBI yesterday questioned two top officials of the bank, including CEO and MD Sunil Mehta.
24 Feb 2018
Initial Public Offering (IPO)Dropbox files for IPO, to raise $500 million
File syncing service Dropbox has filed for an initial public offering (IPO).
24 Feb 2018
Central Bureau Of Investigation (CBI)CBI acts on OBC's Rs. 389cr-scam complaint six months later
The CBI, left red-faced for not acting on time in the PNB scam, has booked a jewelry firm in Delhi six months after the Oriental Bank of Commerce (OBC) lodged a complaint.
24 Feb 2018
MicrosoftWho are the 10 highest-paid CEOs in tech industry?
We all know how hard it's to be a CEO. The Chief Executives, especially those at large companies, have more responsibility on their shoulders and also face greater pressures.
24 Feb 2018
Air IndiaAir-India Sale: Government might sell it completely, shedding 100% stake
The Centre is mulling options for selling Air India completely, which include offloading 100% of its stake the debt-ridden national carrier.
24 Feb 2018
AirbnbAirbnb to launch new initiatives for future growth
Airbnb, US-based online accommodation platform, has said it is adding four new property types to its existing ones. It also plans to launch new tiers of homes that have been personally verified for quality and comfort.
23 Feb 2018
Royal EnfieldRoyal Enfield Thunderbird 350X, 500X to launch on February 28
Royal Enfield is all set to launch two models of its iconic Thunderbird, 350X and 500X, on February 28.
23 Feb 2018
Indian StartupsOnline milk delivery start-up Doodhwala receives $2.2mn funding
Doodhwala, a micro delivery service for fresh groceries, today said it has received a seed investment of $2.2 million by Omnivore, a venture capitalist firm, for a minority stake in the company.
23 Feb 2018
CoimbatoreTiE Coimbatore to organize 'FundingCarnival' for start-ups on March 31
TiE Coimbatore is conducting a 'FundingCarnival' (Mudaleetu Thiruvizha) on March 31 with an idea of bringing start-ups and young ventures, among others, on a common platform with investors.
23 Feb 2018
Punjab National BankPNB-scam: ED seizes imported watches, freezes shares worth Rs. 14cr
Investigating agencies are keeping up the pressure on Nirav Modi in the PNB scam, with ED continuing to seize assets and freeze shares.
23 Feb 2018
IndiaCo-living start-up raises Rs. 12 crore in latest funding round
A technology-driven platform named CoLive that offers rentable branded and serviced homes have raised Rs. 12 crore in its latest funding round.
23 Feb 2018
IndiaIdea offers Rs. 2,000 cashback on any new 4G smartphone
India's third-largest telecom operator Idea Cellular has launched a new offer under which its customers can receive a cashback of Rs. 2,000 on buying a new 4G smartphone.
23 Feb 2018
IndiaIndia's video consumption grows five-fold: Hotstar
According to online video streaming platform Hotstar's first 'India Watch Report 2018,' the video consumption in India has increased by five times in the last 12 months.
23 Feb 2018
IndiaOver 9,000 willful defaulters owe Rs. 1.1-lakh-crore to Indian banks
The Rs. 11,400cr PNB fraud has once again highlighted the growing problem of bad loans in India's banking sector.
23 Feb 2018
Security10,000 PNB customers affected by data breach
According to media reports, a data breach in the Punjab National Bank (PNB) has affected around 10,000 credit or debit cardholders.
23 Feb 2018
Central Bureau Of Investigation (CBI)Rotomac's Vikram Kothari, son arrested for Rs. 3,695cr loan default
The CBI has arrested Rotomac Chairman Vikram Kothari and his son Rahul for siphoning off bank loans worth Rs. 3,695 cr.
23 Feb 2018
IndiaSpectra's 1Gbps Internet coming soon to Mumbai and Chennai
For those of you in Mumbai and Chennai and haven't yet taken the Mbps to Gbps leap, Spectra will soon be introducing its 1Gbps connection in your cities.
22 Feb 2018
North AmericaFord's president of North America sacked over inappropriate behavior
Ford Motor Company on Wednesday announced that it was firing Raj Nair, its executive president of North America, over inappropriate behavior.
22 Feb 2018
DelhiNirav Modi scam: More PNB, Gitanjali, Nakshatra employees arrested
The CBI has arrested Rajesh Jindal, now the general manager at PNB's Delhi head office, in the Rs. 11,400cr Nirav Modi scam.
22 Feb 2018
IndiaXiaomi Redmi Note 5, Note 5 Pro go on sale
Redmi Note 5 and Note 5 Pro, Xiaomi's latest budget smartphones boasting flagship-like features, finally went on sale for the first time in India via Flipkart and the official Mi.com website.
22 Feb 2018
Andhra PradeshThe best of Airtel's monthly, three-monthly and yearly plans
Amid intense telecom wars, Airtel has once again changed some of its most popular prepaid plans, reports say.
22 Feb 2018
CryptocurrencyDeposit schemes, return-offers from jewelers, realtors may soon be banned
The Union Cabinet has cleared the Banning of Unregulated Deposit Schemes Bill, 2018 to be introduced in Parliament; it seeks to ban dubious schemes and punish those running such scams.
22 Feb 2018
WhatsAppWhatsApp co-founder Brian Acton invests $50mn in messaging app Signal
WhatsApp co-founder Brian Acton has invested $50 million in encrypted instant messaging app Signal.
22 Feb 2018
FlipkartFlipkart Grand Gadget Days: Top 20 gadgets under Rs. 1,000
E-commerce giant Flipkart is back with yet another exciting sale. It is hosting the "Grand Gadget Days" sale until 22 February under which it is offering up to 70% discount on laptops, cameras, hard disks, headphones, pen drives, power banks, etc.
21 Feb 2018
EPFOEPFO to announce provident-fund interest today: Here's all about it
The Employees' Provident Fund Organization (EPFO) is going to announce the provident fund interest rate for its five crore subscribers for 2017-18 after a meeting of its highest decision-maker, Central Board of Trustees (CBT).
