Business News
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20 Sep 2018
MediaTekBezos remembers his Lankan friend who helped him with algebra
From a nerdy Princeton graduate to founding Amazon and becoming the world's first centi-billionaire, Jeff Bezos, now worth a whopping $159bn, has reached the heights of corporate glory.
20 Sep 2018
Narendra ModiSmall savings rate hiked by Modi government: Details here
On Thursday, the Modi government announced new interest rates for small savings schemes, including the National Savings Certificate (NSC), and the Public Provident Fund (PPF).
20 Sep 2018
Senior Citizens Savings SchemeGovt hikes interest rate on small savings by upto 0.4%
The government has raised interest rates on small savings schemes, including NSC and PPF, by up to 0.4% for the third quarter of the financial year 2018-19, starting October 1 and ending on December 31, 2018, in line with rising deposit rates in the banks.
19 Sep 2018
IndiaChina asks India for 'level playing field' in 5G trials
Following reports that India is planning to exclude Chinese firms Huawei and ZTE from 5G trials in the country, China, on Wednesday, sought a "level playing field, transparent and fair environment" for 5G trials in India.
19 Sep 2018
FacebookFacebook accused of allowing bias against women in job ads
Facebook is once again embroiled in a controversy after it was accused of giving employers a powerful tool to discriminate against women seeking work.
19 Sep 2018
IndiaPNB Scam: India's largest law firm under investigators' scanners
According to Reuters, India's largest law firm, Cyril Amarchand Mangaldas (CAM) has come under scrutiny in connection with the Rs. 14,000cr PNB scam after investigators seized documents relating to the scam from CAM premises.
19 Sep 2018
Elon MuskElon Musk's Tesla is now facing a criminal investigation
The US Department of Justice (DoJ) has initiated a criminal probe against electric car maker Tesla over public statements made by company CEO Elon Musk.
19 Sep 2018
XiaomiXiaomi Redmi 6A first sale in India today via Amazon
Redmi 6A, the recently launched successor to Xiaomi's Redmi 5A, has gone on sale for the first time in India today at 12pm via Amazon and Mi.com.
19 Sep 2018
FlipkartXiaomi Poco F1 flash sale today on Flipkart, Mi.com
Three variants of the recently launched Xiaomi Poco F1 - 6GB RAM/64GB storage, 8GB RAM/256GB storage, and the Armoured Edition (8GB RAM/256GB storage) - will go on sale today starting 12pm via Flipkart and Mi.com.
18 Sep 2018
IndiaPatym Mall Sale starts on September 20: Top deals here
With the festive season around the corner in India, Paytm Mall has announced its three-day Festive Season Sale, starting September 20.
18 Sep 2018
Mukesh AmbaniReliance Communications to exit telecom to focus on real estate
Billionaire Anil Ambani today announced that the cash-strapped Reliance Communications will be completely exiting the telecom business to concentrate on real estate in future.
18 Sep 2018
IndiaInfosys loses arbitration, asked to pay Rs. 12cr to Bansal
India's second largest software company, Infosys Ltd., has lost the arbitration over its disputed severance package to former Chief Financial Officer (CFO) Rajiv Bansal.
18 Sep 2018
Reserve Bank Of India (RBI)'Real' depreciation of Indian rupee is at 6-7%, estimates IMF
The real effective depreciation of the Indian rupee this year as compared to Dec'17 is between 6-7%, according to the International Monetary Fund (IMF), which warned that it would jack up the prices of imported goods.
18 Sep 2018
Hyundai Motor CompanyHyundai Santro (AH2) can be pre-ordered from October 10
Codenamed AH2, Hyundai's much-anticipated budget hatchback will be called Santro, a brand name that was discontinued in 2014.
17 Sep 2018
Jeff BezosSalesforce co-founder buys Time magazine for $190 million in cash
Time magazine is being sold by Meredith Corporation to Marc Benioff, a co-founder of Salesforce, and his wife.
17 Sep 2018
IndiaKarnataka: Petrol, diesel prices slashed by Rs. 2
Following on the footsteps on Andhra Pradesh, West Bengal, and Rajasthan, the Karnataka government has now slashed fuel prices in the state by Rs. 2, even as petrol prices spiral in other parts of the country.
17 Sep 2018
United States of AmericaRupee breaches 72-mark again, down by 81 paise against USD
The rupee depreciated 81p to 72.65 against the USD in early trade today at the forex market, despite the government's steps to stem a steep fall in the currency.
16 Sep 2018
Johnson & JohnsonJohnson & Johnson claims Indian victims' pleas are 'unreasonable'
Pharma giant Johnson & Johnson, which is facing lawsuit over its faulty hip implants, told National Consumer Disputes Redressal Commission (NCDRC) that demands of Indian patients were 'unreasonable and undue', as they filed the lawsuit only after knowing about the US settlement.
15 Sep 2018
XiaomiXiaomi creates new managerial positions to foster leadership
Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.
15 Sep 2018
Reserve Bank Of India (RBI)Since 2013, Indians' spending on overseas travel has grown 457-fold
Indians are spending fortunes overseas, and a ToI report has found that the maximum increases in overseas spending stem from travel and education.
14 Sep 2018
IndiaGuwahati-based start-up to launch cab services in 98 cities
A Guwahati-based start-up today announced to roll out on-demand cab services across 98 cities in India under the brand 'Wify Cab'.
14 Sep 2018
MumbaiFuel prices hiked; petrol costlier by 28p, diesel up 22p
Petrol and diesel prices today scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates.
14 Sep 2018
IndiaWPI inflation drops to 4-month low of 4.53% in August
Inflation based on wholesale prices eased to a four-month low of 4.53% in August on softening of prices of food articles, especially vegetables.
14 Sep 2018
Bill GatesJeff Bezos announces $2bn fund to help the homeless
Amazon founder Jeff Bezos has announced a $2bn charitable fund, called the Day One Fund, to help homeless families, and set up a network of preschools for low income communities.
14 Sep 2018
IndiaApple cuts prices of older iPhones and Apple Watch 3
Following the launch of the latest iPhones, Apple has slashed prices of its older models in India. The line up now starts at Rs. 29,990 for the iPhone 6S 32GB storage variant.
13 Sep 2018
FlipkartOpen sale of Poco F1 6GB/128GB variant starts tonight
Xiaomi Poco F1, which has been available via flash sales until now, will go on open sale via Flipkart and Mi.com, starting midnight.
13 Sep 2018
PatanjaliBaba Ramdev's Patanjali has entered the dairy business: Details here
In what marks Patanjali's latest foray, Baba Ramdev's company, on Thursday, announced its entry into the dairy segment by launching milk and milk-based products, including curd and cheese.
13 Sep 2018
UberUber is getting a new look as part of rebranding
Following myriad troubles, Uber, over the past year, has been trying to convince its customers that it has turned over a new leaf.
13 Sep 2018
IndiaTop 5 Travel Loans available in India
We live in a wonderful world that is full of beauty and adventure, and the best way to explore it is through travel. This wonderful experience, however, comes with a baggage of expenses.
12 Sep 2018
Reserve Bank Of India (RBI)Retail inflation cools to 11-month low of 3.69% in August
Retail inflation cooled to an 11-month low of 3.69% in August mainly due to fall in prices of kitchen items, including fruits and vegetables, official data showed.
12 Sep 2018
IndiaASUS Sale on Flipkart: These smartphones are available on discount
ASUS has partnered with Flipkart to host its ASUS Days sale in India from September 12-14.
12 Sep 2018
IndiaXiaomi Poco F1 flash sale today at 12pm via Flipkart
Poco F1, the latest flagship by Xiaomi's sub-brand Poco, will go on sale today for the third time in India.
12 Sep 2018
SensexRupee sinks to record low of 72.91 against USD
The rupee today collapsed to a lifetime low of 72.91 against the USD at the interbank foreign exchange market.
12 Sep 2018
IndiaJioPhone 2 fourth flash sale today starting 12pm via Jio.com
JioPhone 2, the successor to the popular JioPhone, will go on sale for the fourth time in India today.
11 Sep 2018
iPhoneYou won't believe hype Apple launch events create: Data here
Since 2007, the annual Apple iPhone launch event has carved out a special place among all capitalist spectacles, becoming one of the most impactful events in terms of its effects on consumers.
11 Sep 2018
IndiaPNB scam: ED's allegations are baseless, claims Mehul Choksi
Beleaguered diamantaire Mehul Choksi on Tuesday said all allegations leveled on him by the Enforcement Directorate are false and baseless.
11 Sep 2018
XiaomiRedmi 6 Pro first sale in India today via Amazon
Xiaomi's recently launched budget offering, the Redmi 6 Pro, will go on sale for the first time today at 12pm via Amazon and Mi.com.
11 Sep 2018
IndiaKolkata tops in 4G availability, much ahead of Delhi, Mumbai
Kolkata, India's City of Joy, has a reason to cheer.
10 Sep 2018
Andhra PradeshChandrababu Naidu slashes VAT on petrol and diesel in AP
Amid Bharat Bandh being observed across the nation to protest against escalating fuel prices, Andhra Pradesh CM Chandrababu Naidu has announced a reduction in VAT on petrol and diesel by Rs. 2 per liter.
10 Sep 2018
IndiaSpiceJet to start dedicated air cargo services from September 18
No-frills airline SpiceJet is going to launch its dedicated air cargo services from September 18.
