- Business
Paytm raises $1 billion from Softbank, Ant and other investors
New Delhi, [India], Nov 26: One97 Communications Ltd, the parent of digital payments company Paytm, said on Monday it has raised the latest equity fundraise from a group of investors including existing shareholders like Ant Financial, Softbank Vision Fund and new investors including funds and accoun
Read More » - Technology
Elon Musk confirms Tesla Cyberquad will come as option for Cybertruck
California [USA], November 25: Alongside the new Tesla Cybertruck, Elon Musk also revealed an electric all-terrain vehicle (ATV) at the launch event. In a tweet confirming the second vehicle, Musk announced that the two-person electric ATV, dubbed Cyberquad, will come at first as an option for the C
Read More » - Business
Global economic slowdown eroding profitability of aviation industry: AAPA
Kuala Lumpur [Malaysia], Nov 25: The aviation industry is entering a challenging phase with strategic development and profitability being threatened by a slowing global economy, political uncertainties and a multiplicity of operational constraints, the Association of Asia Pacific Airlines (AAPA) sai
Read More » - Business
Web portal for exchange of information on income tax
New Delhi [India], Nov 22 : The Central Board of Direct Taxes (CBDT) on Friday unveiled a web portal that consolidates all Automatic Exchange of Information (AEOI) at one place for access by financial institutions, departmental officers and the public at large. India is committed to exchange financi
Read More » - Business
Puranik Builders files fresh IPO papers with SEBI, plans to raise Rs 1,000 cr
Mumbai (Maharashtra) [India], Nov 21: Realty firm Puranik Builders has filed fresh papers with the Securities and Exchange Board of India (SEBI) to raise about Rs 1,000 crore through its initial share sale. The initial public offering (IPO) comprises a fresh issue of shares worth Rs 810 crore beside
Read More » - Technology
Microsoft to integrate Gmail, Google Drive, Calendar into Outlook.com
Washington [USA], November 21: Microsoft is planning to integrate some of Google’s services into its Outlook.com webmail client. The company has started testing integrating Gmail, Google Drive, and Google Calendar on some Outlook accounts. Once linked, Google’s services will be automatic
Read More » - Business
Maruti Suzuki calls startups for third cohort of MAIL
New Delhi [India], Nov 20: Maruti Suzuki India Ltd on Wednesday called for applications from startups for its third cohort of Mobility and Automobile Innovation Lab (MAIL) programme which has been initiated to identify and bring them together with innovative and cutting-edge solutions. The programme
Read More » - Technology
Lenovo launches new ThinkBook 14, ThinkBook 15 for SMBs
Mumbai (Maharashtra) [India], Nov 20: Lenovo added two new ThinkBook laptops to its portfolio, aimed at business users. The ThinkBook 14 and ThinkBook 15 are designed for SMBs, offering a premium design in a portable form factor. As the official press release notes, both the models are built with zi
Read More » - Business
Anil Ambani, 4 others resign from bankrupt Reliance Communications
Mumbai (Maharashtra) [India], Nov 19:Billionaire industrialist Anil Ambani on Nov 16, Saturday resigned as Director of Reliance Communications as the bankrupt telecom operator nears sale of its assets under an insolvency process. “Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar
Read More » - Business
Kiran Mazumdar Shaw conferred with lifetime achievement award by ICMR
Bengaluru (Karnataka) [India], Nov 19: Biocon Ltd’s Chairperson and Managing Director Kiran Mazumdar Shaw has been conferred with the lifetime achievement award for outstanding achievement in healthcare by the Indian Council of Medical Research (ICMR). ICMR, the apex body in India for the form
Read More » - Business
Equity indices flat in early trading, PSU banks gain
Mumbai (Maharashtra) [India], Nov 18: Equity benchmark indices swung between gains and losses during early hours on Monday with government-owned bank showing marginal gains. At 10:15 am, the BSE S&P Sensex was up by 23 points at 40,380 while the Nifty 50 edged higher by 2 points to 11,897. Excep
Read More » - Business
COOCAA TV to launch in India on “World TV Day”
New Delhi, India, November 15, 2019- The global television brand COOCA TV is all set to be launched in India on World TV Day, 18th November 2019 on Flipkart. After wowing consumers in as many as nine countries, the buyers were bowled over by brand’s unique product propositions, the brand
Read More » - Business
Equity indices in the green, banking stocks perform well
Mumbai (Maharashtra) [India], Nov 15: Equity benchmark indices were in the comfortable zone during early hours on Friday led by firm global cues. At 10:15 am, the BSE S&P Sensex was up by 227 points at 40,514 while the Nifty 50 edged higher by 53 points to 11,925. Except for Nifty pharma and rea
Read More » - Business
Suven Life Sciences Q2 profit up 26 pc q-o-q at Rs 72 crore
Hyderabad (Telangana) [India], Nov 14: Suven Life Sciences on Thursday reported 26.5 per cent quarter-on-quarter jump in its profit after tax at Rs 72 crore during the July to September period. In the April to June quarter, it had clocked profit of Rs 57 crore. The company reported revenue of Rs 280
Read More » - Business
Moody’s revises India GDP forecast to 5.6 pc, slowdown lasting longer than expected
New York [USA], Nov 14: India’s economic slowdown is lasting longer than previously expected, Moody’s Investors Service said on Thursday while pegging its forecast for the gross domestic product (GDP) growth at 5.6 per cent in 2019 calendar year. “We have revised down our growth fo
Read More » - RSS Feed - International
Snapchat brings new Gucci-themed Portal Lens
California [USA] Snapchat has teamed up with Gucci to roll out a new Portal Lens that transport you to a 3D world where you can interact with objects. As Engadget notes, the new Portal Lens takes you to a virtual beach filled with handbags and accessories by the luxury brand. The Gucci Portal Lens i
Read More » - Business
A Story You Wished was Yours
Danish Malik Mumbai, 14 November 2019 As human beings, we are born dreaming of reaching somewhere far from our reality. We envisage traveling to places unseen, explore the unearthed, and live the unheard. There’s a world of imagination in our heads where we would rather live, till we are pulle
Read More » - Business
Equity indices witness volatile trading, telecom stocks drag
Mumbai (Maharashtra) [India], Nov 14: Equities witnessed volatile trading during early hours on Thursday with broad parameters in the negative zone as Asian stocks fell after soft Chinese economic data. On the domestic front, official data showed that retail inflation climbed to a 16-month high of 4
Read More » - Business
RITES Q2 net profit jumps 115 per cent to Rs 233 crore on corporate rate cut
Gurugram (Haryana) [India], Nov 13: Government-owned RITES Ltd said on Wednesday that recent cut in corporate tax rates helped boost its standalone operational profit after tax of Rs 233 crore in the second fiscal quarter, up 115 per cent from Rs 108 crore in the corresponding period of previous yea
Read More » - Business
Sensex ends 229 points lower, PSU banks worst hit
Mumbai (Maharashtra) [India], Nov 13: Equity benchmark indices ended lower on Wednesday in line with global stocks as investors doubted that the US-China trade deal will be signed anytime soon. Besides, escalating violence in Hong Kong pushed Asian stocks to their worst day since August. The BSE S&a
Read More »