Business News | Page 120
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Can 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.
Porsche 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.
Nirav 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 2018Bengaluru
Tech 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.
TV 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 2018Reserve 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.
Nirav 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 2018Initial 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 2018Central 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 2018Microsoft
Who 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 2018Air India
Air-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 2018Airbnb
Airbnb 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 2018Royal Enfield
Royal 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 2018Indian Startups
Online 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 2018Coimbatore
TiE 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 2018Punjab National Bank
PNB-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.
Co-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.
Idea 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.
India'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.
Over 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 2018Security
10,000 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 2018Central 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.
Spectra'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 2018North America
Ford'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 2018Delhi
Nirav 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 2018India
Xiaomi 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 2018Andhra Pradesh
The 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 2018Cryptocurrency
Deposit 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 2018WhatsApp
WhatsApp 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 2018Flipkart
Flipkart 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 2018EPFO
EPFO 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).
21 Feb 2018Narendra Modi
PNB-scam: CBI arrests three employees, including 'man who revealed fraud'
CBI has arrested three PNB employees including one who, according to their lawyer, was "instrumental" in revealing the Rs. 11,400 fraud.
21 Feb 2018Flipkart
How Flipkart-owned PhonePe aims to reinvent UPI
Propelled by demonetization, cashless transactions saw a rise with Unified Payment Interface (UPI) trying to usher users towards a cashless economy.
20 Feb 2018OYO Rooms
ZO Rooms sues OYO Rooms over 'data theft'
Zostel Hospitality, the parent company of ZO Rooms, has sued OYO Rooms in a Gurugram court over data theft.
20 Feb 2018World Health Organization
OrCam: This lesser-known company got a $1 billion valuation
OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.
20 Feb 2018Bharti Airtel
Airtel offering Rs. 2,000 cashback on Nokia 2, Nokia 3
Indian telecom service provider Bharti Airtel has announced that it will offer a cashback of up to Rs. 2,000 over a period of 36 months on Nokia 2 and Nokia 3 smartphones.
20 Feb 2018India
Google Tez now supports bill payments for over 80 billers
Google's Tez payments platform now allows users to pay utilities and several other bills in just a few taps through the Tez app.
19 Feb 2018Reserve Bank Of India (RBI)
Debt-ridden Aircel to file for bankruptcy, exit market soon
It looks like Aircel is in deep water as it's soon going to file for bankruptcy at National Company Law Tribunal (NCLT), according to ET.
19 Feb 2018iPhone
Apple's disastrous new campus: Employees keep smacking into glass walls
Apple employees can't seem to stop bumping into the ring-shaped building's transparent glass walls in Apple's futuristic $427 million spaceship campus in Cupertino.
18 Feb 2018Reliance Jio
JioPhone is now available on Amazon
Reliance's JioPhone is now officially available for interested customers on Amazon. Last week, Mobikwik became the first non-Jio platform to offer the feature phone.