Emami Agrotech, a part of the Emami Group, will invest Rs 300 crore for expansion of its edible oil refining capacity by 1,000 tonnes per day (tpd) at its Haldia plant in West Bengal, a top company official said on Tuesday. “With the expansion of the Haldia unit at an investment of Rs 300 crore, […]

Passenger car maker Maruti Suzuki on Tuesday reported a rise of 23 per cent in its net profit for the first quarter (Q1) of 2016-17. The Maruti Suzuki net profit stood at Rs 1,486.2 crore for the quarter ended June 30, 2016 – up from Rs 1,208.1 crore in the corresponding period of 2015-16. “The […]

Chinese smartphone manufacturer Gionee on Tuesday unveiled its much-awaited flagship smartphones Gionee M6 And M6 Plus. M6 is equipped with a front fingerprint scanner, privacy protection and malware destruction although it lacks the hardware encryption feature. While M6 is packed with 5000mAh battery, M6 Plus houses 6020mAh battery unit. M6 features a 5.5-inch full HD […]

Goa’s popular beaches will soon come under an elaborate CCTV network, tourism minister Dilip Parulekar said on Tuesday. About Rs 3.61 crore were put aside for setting up the surveillance network to keep the beaches safe, Dilip Parulekar said in a written reply to the legislative assembly. “GTDC (Goa Tourism Development Corporation) has also proposed […]

Leading e-tailer Flipkart’s fashion and lifestyle products’ subsidiary Myntra on Tuesday announced its acquisition of e-store Jabong from London-based Global Fashion Group for an unspecified amount to strengthen its position in the segment. Gurgaon-based Jabong is a major fashion multi-brand e-store with 1,500 global brands, sports labels, Indian ethnic and designer labels. “Post-acquisition, Myntra and […]

Taking a cue from the Delhi government, Tripura has decided to introduce the “odd-even formula” from Thursday in a bid to ration petrol and diesel due to extreme shortages. “The odd-even formula of vehicle registration number system will be introduced to distribute petrol and diesel to all vehicles including two-wheelers,” Tripura Food and Civil Supplies […]

Beijing:  Chinese smartphone maker Oppo is now the leader in the home smartphone market with 23 percent market share, followed by Huawei with 17.4 per cent and Vivo with 12 percent, a media report said on Tuesday. Oppo’s market share right now is also more than both Apple and Samsung combined in China. Apple’s share […]

New Delhi:  Expanding the successful Xperia X and Xperia XA family, Sony India on Tuesday launched Sony Xperia XA Ultra smartphone at Rs 29,990 which will be available at Sony Centres and electronic stores across the country. Targeting selfie lovers, the smartphone features 16MP front camera with ‘Optical Image Stabilizer’ and smart selfie flash to […]