Business News

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02 Apr 2018

Honda

Honda to recall 56,194 scooters: Is yours on the list?

Honda Motorcycle and Scooter India (HMSI) is preparing to recall three of its most popular automatic scooters, Honda Activa 125, Honda Grazia and Honda Aviator, that were manufactured between February 7 and March 16 this year.

02 Apr 2018

Cryptocurrency

Telegram raises $1.7 billion from two pre-ICO sales

Secure messaging app Telegram has raised a total of $1.7 billion from two pre-sales prior to an Initial Coin Offering (ICO) for creating its own Blockchain platform "Telegram Open Network" (TON) and native cryptocurrency "Gram."

02 Apr 2018

Japan

Sensex begins FY19 on firm note, rises over 100 points

Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.

02 Apr 2018

Cryptocurrency

Bitcoin sinks below $7,000 to end a dismal Q1 2018

Bitcoin, the world's biggest cryptocurrency by market value, posted its second-worst first quarter ever since it started trading regularly in 2010.

02 Apr 2018

India

Here are 7 hot gadgets to buy under Rs. 20,000

Technology is getting better by the day and tech companies are striving to bring the best products with the latest technology, but devices with high-end specs are often expensive and don't find many buyers.

01 Apr 2018

India

Microsoft Ventures to fund Indian tech start-ups

Global-tech major Microsoft is looking at investing in Indian tech start-ups through its venture-funding arm "Microsoft Ventures".

01 Apr 2018

Apple

Apple aggressively hiring for Siri division with 161 vacancies

Apple has ramped up efforts regarding its voice-enabled digital assistant Siri with rolling out as many as 161 Siri-related vacancies as of March end.

01 Apr 2018

India

Toyota, Suzuki enter a cross-badging alliance: Know what it means

Japanese automobile giants Toyota and Suzuki have entered a cross-badging alliance for the Indian market. Under the agreement, by 2019, Toyota and Suzuki will manufacture certain car models for each other in India.

01 Apr 2018

India

OnePlus plans to expand its offline presence in India

OnePlus, which entered India back in December 2014, is now looking to expand its offline operations in 10 cities by the end of this year.

31 Mar 2018

India

Reliance Jio offers Rs. 2,200 cashback on Nokia 1

HMD Global's Nokia 1 smartphone has been recently launched in India for Rs. 5,499.

CBI files preliminary inquiry against Chanda Kochhar's husband, Videocon's chairman

The Central Bureau of Investigation (CBI) has ordered a preliminary inquiry into the alleged nexus between Deepak Kochhar (ICICI Bank CEO Chanda Kochhar's husband) and Videocon's chairman Venugopal Dhoot.

31 Mar 2018

Idea Cellular

BSNL launches new prepaid plans starting from Rs. 118

Adding to its existing line of prepaid packs, state-owned BSNL has launched several new prepaid plans to take on the fierce competition from companies like Reliance Jio and Airtel in the Indian telecom market.

31 Mar 2018

India

Jio beats rivals, offers best 4G download speeds in India

According to a report by Telecom Regulatory Authority of India (TRAI), Reliance Jio has beaten all its rival 4G telecom operators in the country to record an average peak download speed of 21.3 Megabits per second (Mbps) on its network in January, 2018.

31 Mar 2018

South Korea

64,000 South Koreans sue Apple for damaging their iPhones

In South Korea's biggest class action lawsuit, 63,767 citizens of the country have sued Apple for damaging their iPhones.

30 Mar 2018

Mukesh Ambani

Jio Prime membership extended for 1 more year

Reliance Jio has today announced that customers who took Prime subscription at Rs. 99/year will be able to avail its benefits for another year, free of cost.

30 Mar 2018

Tesla Model S

Tesla recalls 123,000 Model S cars over faulty power steering

Tesla is voluntarily recalling 123,000 Model S cars over a power steering issue.

30 Mar 2018

Xiaomi

Redmi Note 5, Redmi 5 go on flash sale today

Chinese phone maker Xiaomi is hosting a flash sale for its Redmi Note 5, Redmi 5, and Redmi 5A smartphones today (March 30) at 12 pm IST.

30 Mar 2018

Delhi

I-T department names, shames 24 tax defaulters through newspaper ads

The income tax department on Thursday advertised in several national dailies a pan-India list of 24 defaulting individuals/companies who collectively owe it taxes worth Rs. 490 crore and have either reported inadequate assets or gone untraceable.

30 Mar 2018

India

Here's all you need to know about Air India sale

Initiating the disinvestment process for India's national carrier Air India (AI) on Wednesday, the government issued a preliminary information memorandum (PIM) offering to sell 76% of its stake in the Maharaja.

29 Mar 2018

ICICI Bank

ICICI's Chanda Kochhar, Videocon's Dhoot in nexus over Rs. 3,250cr-loan?

Another alleged banking scam has been unearthed, related to Chanda Kochhar led-ICICI and Venugopal Dhoot's Videocon.

28 Mar 2018

Jet Airways

Government calls for bids for 75% stake-sale in Air India

The government has called for bids for sale of 76% stake in Air India (AI), which has debts of Rs. 52,000cr.

28 Mar 2018

iOS

Apple and TRAI at loggerheads over development of DND app

The Telecom Regulatory Authority of India (TRAI) and Apple have reached an impasse over the development of a government anti-spam mobile application called 'Do Not Disturb.'

28 Mar 2018

India

TPG-backed Manipal Hospitals acquires Fortis Healthcare, SRL Diagnostics

To mark one of the largest acquisition deal in the health space, Fortis Healthcare Ltd. has announced that its board has approved demerger of its hospitals business with TPG Capital-backed Manipal Hospitals, along with the sale of 20% stake in diagnostics chain SRL Ltd., in a Rs. 3,900-crore deal.

28 Mar 2018

India

I-T freezes Cognizant's bank accounts over Rs. 2,500cr tax evasion

The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.

27 Mar 2018

India

Anand Mahindra proposes to fund an Indian alternative to Facebook

With the Cambridge Analytica-Facebook scandal now spiralling into India as a BJP-Congress political row, billionaire businessman Anand Mahindra took to Twitter to weigh in on his idea of creating an Indian alternative to social networking giant, Facebook.

27 Mar 2018

India

GST collection falls to Rs. 85,174 cr in February

GST collections slid for the second straight month to Rs. 85,174 crore in February as only 69% of the assessees filed returns.

27 Mar 2018

Foxconn

iPhone manufacturer Foxconn acquires Belkin for $866 million

Taiwanese electronics manufacturer Foxconn, best known for assembling Apple iPhones, has bought the California-based Belkin International for $866 million in cash.

27 Mar 2018

WhatsApp

WhatsApp, Tesla, Amazon are hiring: Everything you should know

The big tech companies of WhatsApp, Amazon, and Tesla, where professionals would kill to get a job, are hiring for various positions.

26 Mar 2018

Uber

Uber exits South-East Asia, selling its operations to rival Grab

After exiting China and Russia, Uber Inc. is now selling its South-East Asia operations including ride-share and food delivery business to regional rival Grab.

26 Mar 2018

India

Flipkart is reinventing its back-end technology by infusing Artificial Intelligence

For any successful business, and especially in an e-commerce space, back-end technologies must scale proportionally with the fast-growing demands.

26 Mar 2018

India

Google: 80 percent of Indian Internet users browse YouTube

Google-owned YouTube is now being accessed by 80 percent of Internet users, across all-age groups, in India. YouTube highlighted its growth over the last decade at "Brandcast 2018" event as the company celebrated its 10th anniversary in India.

All about PNB's plan to stake claim in Modi's company

In a bid to recover defrauded amounts going up to Rs. 13,000 crore, the Punjab National Bank (PNB) is looking to take part in the bankruptcy proceedings of Nirav Modi's firm, Firestar Diamonds. It had filed for insolvency in a New York court last month.

25 Mar 2018

Facebook

Mark Zuckerberg apologizes to Britons through full-page newspaper ads

Following the backlash over the Facebook-Cambridge Analytica scandal, Facebook CEO Mark Zuckerberg has taken out full page adverts in British newspapers to apologize.

25 Mar 2018

Facebook

#DeleteFacebook: Mozilla, Sonos join the bandwagon

Mozilla has announced to temporarily distance itself from Facebook.

25 Mar 2018

India

Jio Prime subscription expires on March 31. What happens then?

Jio, launched in September'16, disrupted India's telecom sector by offering free data and unlimited voice calls over its VoLTE network.

25 Mar 2018

Rajasthan

Rajasthan is a major market for Zoomcar: CEO Greg Moran

Huge tourism opportunities in Rajasthan make the state one of the major markets for the growth of car and bicycle rental firm Zoomcar, CEO Greg Moran said.

24 Mar 2018

Larry Page

World's wealthiest-500 have lost $436 billion so far in 2018

The first two months of 2018 have been rather expensive for the 500 wealthiest people on planet Earth.

24 Mar 2018

Noida

This Indian start-up pays you for your used cigarette butts

If you are a smoker, collecting used cigarette butts might make you some money.

24 Mar 2018

India

Apple to have 1cr active iPhone users in India: Report

According to a report by market research firm CyberMedia Research (CMR), India will have over one crore active iPhone users in 2018.

24 Mar 2018

Facebook

#DeleteFacebook: Elon Musk deletes Facebook pages of Tesla, SpaceX

Tesla and SpaceX CEO Elon Musk has deleted both the companies' Facebook accounts after he responded to WhatsApp co-founder Brian Acton's tweet urging people to support the #deletefacebook movement.