Business News

Rama Krishna August 4, 2016

Mumbai, Aug 4: Key Indian equity market indices opened in the green on Thursday following the passage of constitutional amendment bill by Rajya Sabha which paved the way for Goods and Services Tax (GST) Bill, the biggest tax reform in the country. The 30-scrip Sensitive Index (Sensex) was trading 130.82 points or 0.47 per cent […]

APK August 4, 2016

Why Chinese? The screaming headline on hoardings in the capital and beyond showcasing new US smartphone maker InFocus clearly signals the beginning of an era for the Indian consumers to look beyond the high-end premium Apple to affordable and mid-segment devices from American players. The truth is that amid 50 Chinese players and several ‘Make […]

APK August 4, 2016

Because of the ease with which users are able to share live video streams with Facebook Live or Periscope, mobile streaming video technology (MSVT) has great potential to catalyse new privacy laws and policies, a study says. Current US laws protecting individual rights are insufficient to protect privacy when it comes to mobile streaming video […]

APK August 4, 2016

The central government has decided to import another 30,000 tonnes of food pulses for the buffer stock, official sources said on Thursday. The Price Stabilization Fund chaired by Consumer Affairs Secretary Hem Pande at a meeting here on Wednesday decided that fresh imports will include 20,000 tonnes of food pulses – Tur dal and 10,000 […]

Rama Krishna August 2, 2016

Chennai, Aug 2: Indian drug major Sun Pharma  Industries Ltd on Tuesday said it will launch the generic version of Glumetza, Metformin Hydrochloride tablets – a diabetes drug – soon in the US. The company said in a statement, that one of its subsidiaries got the final approval from the US Food and Drug Administration […]

Rama Krishna August 2, 2016

New Delhi, Aug 2: The Unique Identification Authority of India (UIDAI), which manages Aadhaar, granted undue favour to IT services major Wipro in a maintenance contract to the tune of Rs 4.92 crore, a Comptroller and Auditor General of India (CAG) report on Tuesday said. “Unique Identification Authority of India in contravention of the provisions […]

Rama Krishna August 2, 2016

Munich, Aug 2: German automaker BMW Group recorded its best-ever quarterly sales volume and net profit figures between April and June, it said on Tuesday. The group sales volume in the second quarter climbed 5.7 per cent to 605,534 units, making the total sales in the first half year to reach a new high of […]

APK August 1, 2016

Panasonic India on Monday launched ELUGA Arc2 smartphone featuring dual 2.5D curved Asahi DragonTrail glass and metal body at a disruptive price of Rs 12,290. The device comes with 7.6mm thin metal design with aircraft grade aluminium alloy using CNC technology, and weighs 147 grams. “The metallic body also allows the smartphone to withstand the […]

Rama Krishna August 1, 2016

Chennai, Aug 1: Commercial vehicles major Ashok Leyland Ltd on Monday said it closed last month selling 10.492 units, down by five per cent over the comparable period last year. In a statement issued here, the company said it sold 10,492 units, down from 11,054 units sold in July 2015. While the company experienced seven […]

Rama Krishna August 1, 2016

Panaji: A provision has been made for a naval air enclave spread over five acres at the upcoming Mopa International Airport in North Goa, Chief Minister Laxmikant Parsekar told the assembly on Monday. “There is a provision of naval air enclave for which five-acre land is proposed on lease for the entire period of concession,” […]