Apple leads global tablet market, Samsun...

Apple leads global tablet market, Samsung second: ...

Apple led the global tablet market with 28.8 per cent share in the first quarter of 2018 as tablet shipments reached 31.7 million -- declining 11.7 per cent from the same quarter last year, the International Data Corporation (IDC) reported on Friday. Apple managed to ship 9.1 million iPads. Of that,...

04 May 2018

Flipkart buys back $350 million worth of...

Flipkart buys back $350 million worth of shares, b...

Indian e-tailer major Flipkart completed another round of buyback of its shares valued at $350 million (Rs 2,275 crore) from its investors, according to its regulatory filing on Thursday. The Chennai-based business intelligence platform Paper.vc, which sourced the filing from the Singapore's Account...

04 May 2018

Reliance Jio’s big bet on startups: Look...

Reliance Jio’s big bet on startups: Looks to inves...

Is India’s largest private company turning into a venture capitalist? Some recent developments and reports emerging from Reliance Jio seem to suggest so. It has beenreportedthat the petroleum-to-retail giant is scouting for startups in the areas of content, healthcare, education technology, fi...

02 May 2018
Reliance Jio’s big bet on startups: Look...

Reliance Jio’s big bet on startups: Looks to inves...

Is India’s largest private company turning into a venture capitalist? Some recent developments and reports emerging from Reliance Jio seem to suggest so. It has beenreportedthat the petroleum-to-retail giant is scouting for startups in the areas of content, healthcare, education technology, fi...

02 May 2018

Google’s parent Alphabet may pick up min...

Google’s parent Alphabet may pick up minority stak...

Alphabet is likely to invest $1-2 billion after the Walmart acquisition. As the Flipkart-Walmart deal nears a close where Walmart will be picking up a majority stake in Flipkart,it is now learnt is Alphabet, Google’s parent company, will also step in and take a position in the company along wi...

27 Apr 2018

CBI books ex-Aircel promoter, his firms ...

CBI books ex-Aircel promoter, his firms in Rs 600 ...

The CBI has registered a case against former Aircel promoter C. Sivasankaran, his companies Axcel Sunshine Ltd and Finland-based WinWinD Oy for defaulting a loan of Rs 600 crore sanctioned by IDBI bank, an official said on Thursday. The agency on Thursday also carried out searches at 50 locations ac...

27 Apr 2018
Govt approves pacts for supply of iron o...

Govt approves pacts for supply of iron ore to Japa...

The Union Cabinet on Wednesday approved a long-term agreement for export of iron to Japan and South Korea through state-owned trading firm MMTC, an official release today said. "Cabinet approves renewal of long-term agreements for supply of iron ore (lumps and fines)...to Japanese steel mills and PO...

26 Apr 2018

Cabinet approves MoU between India, Afri...

Cabinet approves MoU between India, African nation...

The government gave an ex-post facto approval for an agreement signed between India and an African island nation, Sao Tome and Principe on Wednesday, to increase cooperation in the field of medicinal Plants. The memorandum of understanding was signed on March 14 this year, an official statement said...

26 Apr 2018

Markets tumble after US-China trade war ...

Markets tumble after US-China trade war fears

The rumblings of a globaltradewarsent shivers through stock and currency markets on Friday (March 23) after U.S. President Donald Trump announced long-promised tariffs on Chinese goods and China retaliated with a pledge to fight to the end any suchwar. Trump signed a presidential memorandum on Thurs...

23 Mar 2018
Reserve Bank of India steps in to check ...

Reserve Bank of India steps in to check bank fraud...

The move comes as the central bank clamped down on the import financing route used by fugitive jeweller Nirav Modi and his uncle Mehul Choksi for allegedly committing multi-billion banking fraud. In a major decision, the Reserve Bank of India on Tuesday barred banks from issuing guarantees in the fo...

14 Mar 2018

Finance Commission would work to reduce ...

Finance Commission would work to reduce economic d...

In his first interview as Chairman of the 15th Finance Commission, NK Singh spoke to DD News; says the commission would work to reduce economic disparities between states in a bid to ensure balanced development. NK Singh also spoke on the key recommendations of the FRBM committee accepted by the com...

24 Feb 2018