Business News | Page 137
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Jio suspends pre-booking for its phone after "millions" placed orders
In just four days, "millions" have placed orders for the JioPhone, leading to the company suspending pre-bookings for now.
New Rs. 1,000 notes to come with enhanced security features
The Rs. 1,000 note, which went out of circulation last November, is making a comeback in a new avatar.
28 Aug 2017Uber
Uber chooses Expedia's Dara Khosrowshahi as its new CEO
Uber has, reportedly, chosen Expedia CEO Dara Khosrowshahi as its new chief executive.
99% demonetized Rs. 1,000 notes returned to RBI
The RBI website announced that roughly 99% of the demonetized Rs. 1000 currency notes had returned into the banking system.
27 Aug 2017India
Ask the Trivago guy how to turn bad publicity around
"Kya apne kabhi online hotel search kiya hai?" Maybe you don't spend much time on TV or YouTube, but if you have seen the Trivago ad once, you will remember it.
27 Aug 2017Electric Vehicles
Tata Nano may stage a comeback, as an electric car
Tata Nano, which was released among much fanfare, has lost its steam over the years. Not only have the sales dwindled to an abysmal low, several allegations on the model have made it a tough sell.
27 Aug 2017India
Infosys under Nilekani will adapt a 3-pronged strategy
If anything is evident from Nilekani's tweet - "Joined @Infosys at 26, re-joined it at 62." - it's the fact that Infosys is once again relying on its old guard to bring the much-needed order.
27 Aug 2017Amazon
Amazon's acquisition of Whole Foods Market: What it means
Global e-retailing giant Amazon Inc. is all set to complete its acquisition of American supermarket chain Whole Foods Market Inc. on Monday.
25 Aug 2017WeWork
Workspace start-up WeWork gets massive $4.4 billion from SoftBank
WeWork, the New York start-up which helped pioneer the concept of shared office spaces and associated services, has now won the vote of confidence from two huge investment groups along with hefty $4.4 billion investment.
25 Aug 2017India
Will Vishal Sikka join HPE as CTO? Sources say yes
A week ago, Vishal Sikka resigned from the post of Infosys CEO and joined as executive vice chairman. Yesterday, he quit that too, stepping down with immediate effect.
25 Aug 2017Google
Can Google lose trademark over its name? Perhaps, yes.
The US Supreme Court is currently mulling on whether Google should be allowed to retain the trademark on its name.
PSB Consolidation: Cabinet gives nod to merge state-owned banks
Taking another step towards consolidation of public sector banks (PSBs), the Union Cabinet approved an "Alternative Mechanism" for constituting an inter-ministerial panel for overseeing the mergers of 21 state-run banks.
24 Aug 2017iPhone
iPhone 8 to be unveiled on September 12?
If reports are to be believed, Apple could unveil its next iPhone at 9am on September 12. There's confirmation that it has scheduled a press conference on that day.
Infosys appoints Nandan Nilekani as Chairman of the Board
According to reports, Nandan Nilekani has been appointed as the non-executive, non-independent director and the Chairman of the Board of Director with immediate effect.
JioPhone pre-booking to start on 24th August
Pre-booking of the JioPhone will start today at 5:30 pm through its website, app and all retail stores, the company has announced.
Battle for traffic: Mobile ad fraud rising alarmingly in India
Advertising fraud, especially on mobiles, is a huge global issue that costs marketers several billions of dollars.
23 Aug 2017Bharti Airtel
Your phone bills might reduce even more!
Falling mobile bills are set to dip further, analysts say, with a 25-30% decline over the next year.
23 Aug 2017India
HDFC becomes the first bank in India to launch DigiPOS
Revolutionizing the way customers make payments to merchants, HDFC Bank has become the first Indian bank to unveil the DigiPOS payment solution that offers a slew of digital payment options.
23 Aug 2017Startups
Blue Apron now faces multiple class-action lawsuits
Blue Apron has its hands full these days. Not only is it bearing the brunt of witnessing its share price declining to almost half since its June IPO, but also chances of legal trouble are now looming.
23 Aug 2017India
Sri Sri Ravi Shankar will sell you toothpastes now
They know that the world is full of "moh" and everything in it is purely "maya" but here they are giving businesses a run for their "money".
22 Aug 2017iPhone
Apple hides 'secret' job, to attract the best talent!
It's an open secret. Crack it and you have a lucrative job waiting for you at one of the biggest tech firms in the world.
22 Aug 2017Bombay Stock Exchange (BSE)
BSE will 'compulsorily' delist 200 firms tomorrow
The Bombay Stock Exchange (BSE) notified via three different circulars that from tomorrow i.e. Wednesday, it will be delisting 200 firms belonging to various sectors.
22 Aug 2017India
ONGC takes over HPCL, slated to be India's third-largest refiner
In a regulatory filing, state-owned Oil and Natural Gas Corp has informed that its board has given "in-principle" approval to acquire government's 51.11% stake in Hindustan Petroleum Corp Ltd.
22 Aug 2017GST
GST tax deposits: Rs. 42,000 crore till now, more anticipated
According to reports, the government has already received as much as Rs. 42,000 crore under the first monthly filing of GST.
22 Aug 2017Bharti Airtel
After Jio's feature phone, Airtel to launch 4G smartphone
The launch of Reliance Jio has unleashed a raging battle in the telecom industry. The release of JioPhone further took it up a notch.
21 Aug 2017Uber
Report: Former GE CEO being considered for Uber CEO
Since Uber CEO Travis Kalanick was asked to resign from his post in June, Uber's search for a new CEO has been long and dramatic.
Flipkart goes global, will woo NRIs with desi products
Amazon already does it and from now on, so will Flipkart. The home-grown e-commerce platform will now sell its products to online shoppers in nearly 200 countries.
169 McDonald's stores in north and east to shut down
The immediate future of all 169 McDonald's stores in the north and east is in doubt. If things go bad, they might even shut down within a fortnight.
21 Aug 2017State Bank of India (SBI)
SBI waives processing fees for several retail loans
The SBI has announced a waiver on processing fees for most of its retail loans, including on car loans, gold loans and other personal loans.
Maruti Suzuki emerges as the market leader once again
Maruti Suzuki is still the king of Indian streets and it shows.
SBI tops list of wilful default, PNB next
India's largest lender SBI is shouldering 27% of the total amount that wilful defaulters owe to the public-sector banks.
21 Aug 2017Aadhaar Card
Aadhaar will now be compulsory for stock trades, says SEBI
SEBI has asked the bourses to notify if the brokers are prepared to take Aadhaar card details from their clients before December 31.
BHIM cash back scheme extended for merchants till March
The cash back scheme, that offers merchants incentives of up to Rs. 1,000 when they accept payments via BHIM application, has been extended.
20 Aug 2017India
Repay loans or lose ownership: Jaitley tells companies
Finance Minister Arun Jaitley has warned companies against defaulting on loans, asking them either to pay up or possibly lose ownership.
20 Aug 2017Infosys
US law firms file suits against Infosys after Sikka's resignation
The ramifications of Vishal Sikka's resignation from Infosys have been huge. Three American law firms have filed class action suits against it over alleged securities fraud, misleading information and unlawful practices.
20 Aug 2017GST
GST: Deadline for paying taxes, filing returns extended
Providing relief to many businessmen, the government has extended the deadline for paying GST taxes to August 25.
20 Aug 2017Infosys
Infosys share buyback: What you need to know
Infosys CEO Vishal Sikka resigned on 18th Aug, citing slander by the company's founder.
19 Aug 2017India
Who could be the next CEO of Infosys?
Following the resignation of its first non-founder CEO, Vishal Sikka, Infosys is sifting through the resumes of internal and external candidates to find his successor.
19 Aug 2017Electric Vehicles
Hyundai plans on introducing a longer-range electric car soon
Hyundai already has an electric model under its kitty, but that model lags behind when compared to the ones introduced by its competitors.
18 Aug 2017India
BSNL wallet in partnership with MobiKwik, gets launched
State-run BSNL, Bharat Sanchar Nigam Limited, has now launched its own digital wallet.