Economic Times
Jio impact: Feature phone players brace for business shakeup
Economic Times
MUMBAI: Indian featurephone players such as Micromax, Intex, Lava and Karbonn, and market leader Samsung, are expected to take the maximum hit from the 4G device that Reliance Jio Infocomm launched on Friday, analysts and industry executives said.and more »
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Jio impact: Feature phone players brace for business shakeup - Economic Times
-
Lenovo to focus on after-sales services as laptop business slows - Hindu Business Line
Hindu Business Line
Lenovo to focus on after-sales services as laptop business slows
Hindu Business Line
When 25-year-old Mohit Basu had an issue with his three-year-old laptop, it was difficult for him to locate the warranty card, look up details, and finally reach out to the service centre. But his troubles may soon be a thing of the past. Chinese tech ...and more » -
WCO praises India for reforms in taxation system
Secretary General of World Customs Organisation (WCO) Kunio Mikuriya on Friday appreciated the reforms undertaken by the government in the taxation system, including implementation of GST. -
Ex-Cabinet secretary #39;regrets#39; over introducing GM cotton in India
Former Cabinet secretary TSR Subramanian on Friday said that he regrets having allowed Genetically Modified (GM) cotton in the country over two decades ago. -
Punjab Chief Minister announces Rs 42 crore to preserve state#39;s heritage
Punjab Chief Minister Amarinder Singh on Friday announced Rs 42 crore as a dedicated fund for preservation of the state#39;s cultural heritage. -
Terrorists on the run due to Modi government#39;s policies: BJP
The BJP on Friday criticised Congress vice president Rahul Gandhi over his allegations against the Modi government on its Kashmir policy, saying these are #39;absolutely incorrect and utterly irresponsible#39;. -
Sebi to auction 8 properties of Parasrampuria Plantations and Sai Space Creations
Markets regulator Sebi will auction eight properties owned by Parasrampuria Plantations Ltd and Shree Sai Space Creations Ltd next month for a total reserve price of over Rs 8 crore. -
Writing off Kingfisher dues to BIAL #39;untenable#39;: CAG
The Comptroller and Auditor General on Friday termed a request from the Bangalore airport operator to the government to waive more than Rs 9 crore owed by the now-defunct Kingfisher Airlines as #39;untenable#39; and an #39;undue favour#39;. -
Tata Sponge Iron posts over 3-fold jump in Q1 profit
Tata Sponge Iron, an associate firm of Tata Steel, on Friday said its profit rose over three-fold to Rs 30.5 crore for the quarter ended June 30 on jump in operational income. -
Tata Motors to consider raising Rs 1,000 crore via NCDs next week
Tata Motors on Friday said it will consider a proposal to raise up to Rs 1,000 crore by issuing non-convertible debentures next week. -
Previous government left many potholes for us to fill: Manohar Lal Khattar
Haryana Chief Minister Manohar Lal Khattar on Friday said the previous government had left many #39;potholes#39; for the present dispensation to fill. -
Suspected LeT operative sent to 7-day ATS remand by court
Suspected Lashkar-e-Taiba (LeT) operative Mohammed Saleem was on Friday sent to a seven-day custody by a court here after he was produced before it by the Uttar Pradesh Anti-Terrorist Squad. -
Canara Bank#39;s gross NPA divergence Rs 507 crore for FY16
Public sector Canara Bank on Friday reported a divergence of Rs 507.30 crore in its gross Non- performing assets (NPAs) for 2015-16. -
SC to hear plea to modify its order on cattle rules on July 24
Earlier, the apex court had extended to the entire country the Madras High Court order staying the May 23 notification of the Centre banning sale and purchase of cattle from markets for slaughter. -
Persistent Systems Q1 net profit up 2.5% to Rs 75 cr, to acquire PARX
IT firm Persistent Systems#39; consolidated net profit increased by 2.5 per cent to Rs 75 crore for the quarter ended June. -
Essar Oil#39;s mega-deal with Rosneft to conclude by this month: Sources
Essar Group’s lenders such as State Bank of India, ICICI Bank had given go-ahead three weeks back for the deal to take place, sources said -
Trade facilitation pact to promote ease of doing biz and global commerce
The trade facilitation agreement of the WTO would promote ease of doing business and global commerce as the pact aims at easing custom processes, government officials said on Friday. -
Air India disinvestment: GoM holds first meeting
A Group of Ministers (GoM) appointed by the Union Cabinet to look into disinvestment of Air India held its first meeting on Friday. -
Mukesh Ambani passes the baton to Akash, Isha: Quick facts about them
The 25-year-old brother-sister duo are twins and lead a large contingent of professionals at Reliance Jio -
Indian-origin tycoon buys car parts maker; saves 550 jobs in UK
Indian-origin businessman Sanjeev Gupta has come to the rescue of hundreds of employees of a top British manufacturer of vehicle components. -
Yamaha Motor unveils its first Scooter boutique in India
Yamaha Motor India Sales today launched its first scooter boutique in India. -
Branded cos creating hurdles for generics: Scott Gottlieb Commissioner, USFDA
The top drug regulator in the United States has made a strong pitch for generic drug companies. Speaking exclusively to CNBC, Scott Gottlieb slammed branded drug companies for creating obstacles to generic drug companies. He went on to say that the regulator is working on new rules to facilitate more competition in the US market. -
Do not support any kind of vigilantism: Centre to SC
The Centre on Friday told the Supreme Court that it #39;condemns#39; any kind of vigilantism in the country and it has no role to play in it as law and order is a state subject. -
I-T sets Rs 47,000 crore FY18 collection target in Andhra Pradesh, Telangana
The Income Tax Department has set a collection target of around Rs 47,000 crore from Andhra Pradesh and Telangana in the current financial year, said a senior official on Friday. -
Tax dept mulls selling 22 crore shares of UK#39;s Cairn Energy
Cairn may be the first foreign company to face sale of its shareholding to recover dues of around Rs 8,000 crore. -
CAG slams Navy for delay in ASW corvettes project
The Comptroller and Auditor General has come down hard on the Indian Navy for causing inordinate delay in construction of four anti-submarine warfare corvettes. -
Deadline for GST composition scheme extended till August 16
The government on Friday extended the deadline for small businesses to opt for the composition scheme in the GST regime by nearly four weeks to August 16. -
Gopal Baglay appointed Joint Secretary in PMO
Senior diplomat and External Affairs Ministry spokesperson Gopal Baglay was on Friday appointed as Joint Secretary in the Prime Minister#39;s Office. -
Fake Chinese spares for indigenised Bofors guns: CBI FIR
China-made parts camouflaged as #39;Made in Germany#39; found their way to the production line of indigenised Bofors guns used by the army, prompting the CBI to file a case against a Delhi-based company. -
SBI, Carlyle to buy out GE Capital’s 26% stake in SBI Card
Following the transaction, SBI and Carlyle will own 74 percent and 26 percent, respectively in each of the two entities. According to reports, Carlyle was in talks to buy the 26 percent stake for Rs 2,000 crore. -
29 IAF aircraft have crashed since last five years: Government
Twenty-nine aircraft of the Indian Air Force have crashed due to technical defects and human error over the last five years, the government said on Friday. -
BayerCrop gets shareholders#39; nod for Rs 500 cr buyback
Bayer CropScience on Friday said it has received shareholders#39; nod for buyback of shares worth Rs 499.99 crore in cash. -
NEWS-HIGHLIGHTS-BUSINESS - Times of India
NEWS-HIGHLIGHTS-BUSINESS
Times of India
New Delhi, Jul 21 () Following are the top business. New Delhi, Jul 21 () Following are the top business stories at 1800 hours today: DEL10 BIZ-LD RIL-AGM-JIO. Mumbai: India's richest man Mukesh Ambani today announced the launch of a 4G-enabled ... -
US Treasury, German bund yields may fall further on weak ECB, BoJ inflation outlook
Given that both central banks have refrained from giving away anything concrete about when they intend to begin tapering their bond purchases, the US Federal Reserve is expected to hold fire and not hike rates at its upcoming policy meeting, scheduled to take place next week. -
Rs 12,000 crore worth of digital transactions carried out: Government
Minister for Electronics and Information Technology Ravi Shankar Prasad said for prepaid payments including e-wallets, Reserve Bank of India (RBI) has started maintaining provisional data of fraudulent transactions. -
77.5 lakh traders registered under GSTN, says Santosh K Gangwar
The government on Friday said as many as 77.5 lakh traders are registered on GSTN and help desks have been set up in every commissionerate to facilitate filing of tax return. -
BSNL to roll out 4G services in Telangana, Andhra Pradesh by March 2018
BSNL earned Rs 2,500 crore revenue for Andhra Pradesh and Telangana during 2016-17, and hoped of maintaining the momentum this fiscal. -
Indian rupee closes 0.2% higher against dollar as domestic equity market gains
Intraday, the rupee touched a high and low of 64.30 and 64.40 against the dollar, respectively. -
Mobiles worth Rs 90,000 crore produced in India in 2016-17
India, which is one of the largest telecom markets globally, has seen production of mobile handsets grow at a steady pace over the past few years. -
Insurers not averse to looking at other sectors for hiring execs
While talent comes into the industry from various insurance institutes across the country, company executives feel that there is still an existent skill gap. -
India likely to miss December 2017 deadline for placing cap on emissions
The Chairman of the CEA Ravindra Kumar Verma has asked for an extension on the December deadline given by the environment ministry in December 2015 -
States can set up insurance firms to provide crop insurance: Government
Under the scheme, premium to be paid by farmers is kept low and the claims are fully settled. -
Exim Bank extends USD 17.5 million LoC to South American nation Guyana
Export-Import Bank of India today said it has extended USD 17.5 million of line of credit (LoC) to Guyana for up-gradation of three hospitals in the country -
JioPhone -- Reliance#39;s latest weapon of mass disruption
What is comforting for us is RIL’s focus on monetizing even from the so-called “bottom of the pyramid� while making the offer look like a freebie. -
PeopleStrong looks to acquire at least 2 cos in one month; to be IPO-ready by 2020-21
Pankaj Bansal, co-founder and CEO of PeopleStrong said that they are getting about 10-12 new clients a month and their targeting acquisitions to add on to their services. He added co will be ready to the IPO way by 2020-21 -
Bajaj aims to expand market share to 26%, launch products under all 7 brands by Dec
The Pune-based company is confident of taking its market share to 26 percent from the current 15 percent on the back of new launches in each of the seven brands it sells. -
Six telcom companies underreported revenue by Rs 61,064.5 cr: CAG
The Comptroller and Auditor General (CAG), in its latest report tabled in Parliament today, said its audit indicated "total understatement of adjusted gross revenue (AGR) of Rs 61,064.56 crore" by six operators. -
Women#39;s World Cup 2017: It#39;s about time you heard about Harmanpreet Kaur
The 28-year-old from Moga in Punjab played a whirlwind knock of 171 not out to help India beat Australia and reach the final. -
Luxmi Tea to start tea plantation in Rwanda
Director of Luxmi Tea Rudra Chatterjee told PTI that a 100 per cent subsidiary had been formed, Rugabeno Tea Company, to undertake the plantation activity in Rwanda on an area of 4438 hectares of land. -
Social media key for staffing companies to drive business: Report
According to a report by Indian Staffing Federation, an apex body of flexi staffing industry in India, social media has become an impertinent tool not only for managing networking but also to improve brand recall.