Business India News

TVF, RummyCircle partner to launch regional web series
New Delhi , Oct. 16 : RummyCircle announced its partnership with The Viral Fever (TVF) for the regional content under TVF Machi, introducing a web series in regional language for the first time, with the launch of 'TVF Pitchers,' in Tamil. Read Full Story

Digitek ramps up portfolio, launches portable Power Banks starting Rs. 2495
New Delhi , Oct. 16 : Digitek, a photographic and smartphone accessories provider on Monday announced the launch of two premium Power Banks- Digitek Instant Power DIP 12000 PLB (12,000mAh capacity) at Rs. 2995 and DIP 10000 (10,000mAh capacity) PLD at Rs. 2495. Read Full Story

Myntra, Textile Ministry tie-up to promote handloom industry
New Delhi , Oct. 16 : E-commerce major Myntra launched its CSR initiative in association with the Union Textile Ministry, to work directly with weavers and elevate their economic stature. Read Full Story

Paytm Payments bank enhances KYC verification; to invest USD 500 mn
New Delhi , Oct. 16 : Paytm Payments Bank on Monday announced that it is rapidly scaling its capacity for KYC verification of its customers. Read Full Story

Adobe Advertising Cloud unveils mobile app for cross-channel advertising
New Delhi , Oct. 16 : In a bid to address the challenges faced by advertisers due to non-availability of sufficient digital technology for advertising, Adobe on Monday announced the release of the Adobe Advertising Cloud Mobile App, the industry's first mobile app for cross-channel advertising campaign management to provide marketers the tools they need to ensure performance and delivery wherever they are. Read Full Story

Early Diwali for D-Street as Sensex, Nifty enjoy record-high
Mumbai (Maharashtra) , Oct. 16 : The Diwali week flagged off with record highs as the market witnessed a record high in the Sensex and Nifty, giving investors a reason to rejoice. Read Full Story

Five apps to keep you relaxed and stress-free this Diwali
New Delhi , Oct. 16 : Diwali is here! and so is the stress. Read Full Story

Ola launches 'Heroes of Ola' initiative to felicitate outstanding driver partners
New Delhi , Oct. 16 : App-based transport aggregator Ola on Monday launched 'Heroes of Ola', a multi-city programme where driver partners are felicitated for their exemplary customer service. Select partners were felicitated by officials from Gurugram Traffic Police, Road Safety Officers (RSO) - Gurugram, and senior officials from Ola, in the presence of their family members at an event in the city. Read Full Story

Vistara, Avis India join hands to provide premium car rental services to Vistara customers
New Delhi , Oct. 16 : Vistara, India's finest full service carrier, and Avis India, the country's leading car rental, leasing and fleet management provider, entered a partnership to provide a seamless and premium car rental experience to Vistara customers. The partnership enables all Vistara customers to book their airport transfers, chauffeur-drive cars and self-drive cars directly through Vistara's website, with additional attractive benefits for members of Club Vistara. Read Full Story

Rubique on an aggressive expansion drive; will set up services in 100 cities
Mumbai (Maharashtra) , Oct. 16 : India's leading fintech company, Rubique, is on an aggressive expansion drive and will expand to a hundred cities across India by March 2018. In a bid to revolutionize the traditional lending scenario of the country, Rubique plans to take its services to as many Indians as possible. Read Full Story

Airtel, Millicom announce merger in Ghana with equal ownership, governance rights
New Delhi , October 15 : Bharti Airtel Ltd. and Millicom International Cellular S.A., through their respective subsidiaries, announced the closure of the deal to combine their operations in Ghana. The merged entity will become Ghana's second largest mobile operator with close to 10 million subscribers. Read Full Story

Ministry of Steel to organize the 2nd Brainstorming Session with Key stakeholders of steel industry
New Delhi : Steel sector in India has emerged as a vivid example of sector turnaround in a short span of three years. The industry efforts were supported in equal measure by the Government of India, to provide a level playing field and enabling growth environment. Read Full Story

Will see growth going forward, says NITI Aayog vice chairman
New Delhi , Oct. 15 : NITI Aayog vice-chairman Rajiv Kumar has opined that despite the significant impact of demonetisation and the Goods and Services Tax (GST), the Indian economy, as projected by Finance Minister Arun Jaitley, would see growth in the near future. Read Full Story

CAIT demands compensation post ban on sale of fire crackers
New Delhi , Oct. 15 : The Confederation of All India Traders (CAIT) on Sunday demanded compensation from the Union Government in lieu of losses incurred by fire cracker traders in the National Capital Region, after they were forced to discontinue the sale of fire crackers by virtue of the recent order of the Supreme Court. Read Full Story

Four platforms to help revamp your homes this Diwali
New Delhi , Oct. 15 : Diwali is considered to be an auspicious time for new beginnings. Most people prefer to buy gold, purchase stocks, and even invest in real estate during the festive season. Read Full Story

Increasing onion prices expected to plummet post Diwali
Ghazipur (Uttar Pradesh) , October 15 : The prices of onions, which have continued to soar in the wholesale and the retail markets across the country in the past few days, are expected to plummet post Diwali. Read Full Story

Sisodia writes to Jaitley, urges inclusion of real estate under GST
New Delhi , Oct. 15 : Delhi Deputy Chief Minister Manish Sisodia has written to Union Finance Minister Arun Jaitley, urging him to bring the real estate sector under the ambit of the Goods and Services Tax (GST) on account of curbing black money and increasing transparency in the domain. Read Full Story

Digital India to contribute 30pct to India's GDP by 2025
New Delhi , Oct. 15 : Minister of State for Tourism (Independent Charge) K.J. Alphons said the Digital India program, flagged off under the Narendra Modi government, has the potential to provide an incremental 20 to 30 percent increase in India's GDP by 2025, owing to the significant progress made under the scheme since its inception in July, 2015. Read Full Story

Bureau of Indian standards (BIS) Act 2016 brought into force
New Delhi : A new Bureau of Indian standards (BIS) Act 2016 which was notified on 22nd March, 2016, has been brought into force with effect from 12th October, 2017. Read Full Story

World praising India for reforms like demonetisation, GST: Jaitley
Washington D.C.[USA], Oct 15 : Union Finance Minister Arun Jaitley on Saturday said that countries across the world are lauding India for having the guts to bring in major structural reforms like demonetisation and Goods and Services Tax (GST). Read Full Story

H-1B work visa holders contribute to US economy, are not illegal economic migrants: Jaitley
Washington D.C. [USA], Oct 15 : Finance Minister Arun Jaitley on Sunday said that he has urged the United State of America to change its perspective for H-1B visa holders as they are professionals who heavily contribute to the US economy. Read Full Story

Mahindra Susten Launches India's First Mobile PV Testing Lab
MUMBAI: Mahindra Susten, one of India's largest and most trusted solar EPC Company, has announced the launch of India's first Mobile PV Laboratory for testing of the Solar PV modules on site. The mobile PV Lab, developed in-house, has an innovative design, which combines all the key tests required for PV modules in a compact Lab. Read Full Story

PrintSmart by PrintStop, a Smart Printing Solution for SMEs
MUMBAI: Printing business stationery like visiting cards, letterheads and envelopes properly has always been a problem for SMEs. One has to find a local store which has the required paper options, search for DTP operators, and hope everything falls in place. Read Full Story

Tata Elxsi Announces Partnership With National Instruments for Automotive System Validation
BANGALORE: Tata Elxsi, a leading automotive technology and engineering services company, announced a global partnership with National Instruments, the leader in test, measurement and control solutions. Read Full Story

Watch out for these 5 fintech platforms to revolutionise business in India
New Delhi , Oct. 14 : With an increasing internet penetration, more and more entrepreneurs in India are taking up the opportunity to explore the fintech industry. Read Full Story

UAE Exchange Honors the Winners and Participants of Asian Master Athletic Meet 2017
Kochi : UAE Exchange India along with Ernakulum District Master Athletic Association together took an initiative to honor the winners and participants from Kerala in the 20th Asian Master Athletic meet held at China from September 24th-28th 2017. Read Full Story

Bilcare Wins Prestigious OPPI Awards 2017
Mumbai : Bilcare bags 2 Coveted OPPI Best Vendor Awards for 'Packaging Material Supplier' and 'Anti-Counterfeiting Solution Provider' for the year 2017. Read Full Story

Bilcare wins prestigious OPPI Awards 2017
Mumbai (Maharashtra), Oct. 14 : Global leader and an innovation-led packaging solutions provider, Bilcare has bagged two coveted OPPI best vendor awards for 'Packaging Material Supplier' and 'Anti-Counterfeiting Solution Provider' for the year 2017. Read Full Story

Sanjeev Kapoor's Wonderchef launches "Gift Health this Diwali" campaign
New Delhi , Oct. 13 : India's premium brand of healthy and innovative kitchen appliances, Wonderchef, officially announced the launch of its festival campaign Gift Health this Diwali and also unveiled a wide range of festive kitchenware to add to the spirit of celebration. Read Full Story

Inland Waterways Authority of India raises Rs. 660 crore through Bonds
New Delhi : The Inland Waterways Authority of India (IWAI) has raised Rs. 660 crore as "GOI Fully Serviced Bonds". The resources raised by way of bonds are in addition to the budgetary support from the Government of India. Read Full Story

Indian economy is poised for strong, sustainable and balanced growth : Arun Jaitley
New Delhi : The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley today participated in an Interactive Seminar organised by FICCI on "India Opportunity". Read Full Story

Shri Piyush Goyal expands Diwali joy of Coal India employees
The Union Coal Minister announces higher one-time advance of "Rs. 51,000 instead of Rs. 40,000" payable to each employee of Coal India Limited and its subsidiaries. Read Full Story

Rustomjee Paramount - Celebrating Value This Diwali
MUMBAI: Rustomjee Group presents a finance scheme offer for home buyers at their luxury gated community project Rustomjee Paramount, Khar (West). Read Full Story

Save big on Infinix Note 4, Hot 4 Pro during Flipkart's 'Big Diwali Sale'
New Delhi , Oct 13 : With Diwali around the corner and in a quest to make the festive season celebrations bigger and memorable, Infinix Smartphones has come up with attractive offers and discounts on Flipkart 'Big Diwali Sale' from October 14 till October 17. Read Full Story

HTC Vive announces Fallout 4 VR Bundle; new Vive purchases include highly anticipated Fallout 4 VR
New Delhi , Oct. 13 : HTC VIVE on Friday announced a new hardware bundle featuring Fallout 4 VR, one of the most anticipated VR titles to date. Starting October 14, customers who purchase an HTC Vive will receive a free redemption code for Fallout 4 VR, a USD 59.99 value, which launches on December 12, 2017. Read Full Story

Some Multinationals wield power at par with Governments: Yakunin
Mumbai , Oct.13 : Some multinational groups wield power and influence at par with governments or states, if not more so, and business has accumulated responsibilities reaching far beyond the manufacturing of products or the provision of services, said the Chairman of the DOC supervisory board, Vladimir Yakunin, in Mumbai. Read Full Story

Sanjeev Kapoor's Wonderchef launches "Gift Heath this Diwali" campaign
New Delhi , Oct. 13 : India's premium brand of healthy and innovative kitchen appliances, Wonderchef, officially announced the launch of its festival campaign Gift Health this Diwali and also unveiled a wide range of festive kitchenware to add to the spirit of celebration. Read Full Story

Real Estate under GST: DLF CEO proposes 12 percent tax, inclusive of land price
New Delhi , Oct. 13 : Responding to Finance Minister Arun Jaitley's proposal of including real estate under the purview of the Goods and Services Tax (GST), DLF CEO Rajiv Talwar has suggested that a comprehensive 12 percent tax rate, inclusive of the price of land must be levied. Read Full Story

Pepperfry Launches its First Franchise Studio in Bengaluru
Mumbai :, India's No.1 Furniture and Home marketplace announced the launch of its first franchise Studio in Bengaluru. Read Full Story

NovaLead Pharma Receives Frost and Sullivan's Indian Drug Repurposing Technology Innovation Leadership Award 2017
Mumbai : Frost and Sullivan bestows 2017 India Drug Repurposing Technology Innovation Leadership Award to NovaLead Pharma Pvt. Ltd. for its proprietary technology platform for drug repurposing to build a promising pipeline of repositioned drug candidates. Read Full Story

OnePlus Gives you More Reasons to Love Diwali!
Bangalore : OnePlus, a global mobile technology company, with presence in over 35 countries, today announced the last phase of its OnePlus Diwali Dash 2017 promotions. With Diwali around the corner, OnePlus is bringing more cheer to its community. Read Full Story

Demand for Housing in Ghaziabad Observes 20 percent Growth
Ghaziabad : Since the inception of GST and RERA in the Indian real estate system, sentiments were projected to increase manifolds riding high behind the guarantee of a refined taxation process and an organised way of working. Read Full Story

AP IT Minister Lokesh to officials: help young entrepreneurs to launch start ups
Amaravati (Andhra Pradesh) Oct 13 : Andhra Pradesh Information Technology (IT) Minister Nara Lokesh on Friday asked officials to help young entrepreneurs to set up their start ups. Read Full Story

RIL Q2 profit rises: India ready to go digital, says Mukesh Ambani
New Delhi , Oct. 13 : After posting a 12.5 percent rise in its September-quarter consolidated net profit, Chairman and Managing Director Reliance Industries Limited (RIL) Mukesh Ambani said that India is ready to 'go digital' as the country has so far witnessed a transformation from voice to data. Read Full Story

Interflora to launch in India with online offering
New Delhi , Oct 13 : World's largest and most experienced flower delivery service Interflora has announced the launch of its exclusive website for India -, which currently operates across the globe in major markets like US, UK, Australia, Europe and select Asian countries. Read Full Story

Kaspersky Lab unmasks the history of cyber espionage in APAC region
New Delhi , Oct 13 : Equipped with detailed histories of previous cyber espionage attacks against countries in the Asia Pacific, Kaspersky Lab today exposes the current state of the cyber espionage threat landscape in the region. Read Full Story

Livspace invests Rs70Cr on platform, aims USD 100M annual revenue run rate in 15 months
New Delhi , Oct. 13 : Livspace, an online home interiors and renovation platform announced that it will invest Rs. 70 crore in its global designer partnership initiative, across different segments, including on-boarding and certifying freelance designers and studios, engagement programs, infrastructure and expansion across top metros to grow its network. Read Full Story

Haptik partners with Ziman to render chatbot security services
New Delhi , Oct. 13 : In a bid to transform the security services domain, Haptik, a chatbot platform announced its association with Ziman, a comprehensive personal-cum-digital security services that connects users to near and dear ones in case of an emergency and also provides protection against digital threats to their phones. The partnership with Haptik makes Ziman the first security service provider in the world to leverage a chatbot's services. Read Full Story

Hyundai Joins Forces With Bisimoto Engineering To Create HyperEconiq Ioniq Concept For 2017 SEMA Show
LAS VEGAS: Hyundai has combined expertise with Bisimoto Engineering to create the "HyperEconiq Ioniq" concept for the 2017 SEMA show. This innovative concept integrates the best hypermiling, economy and friction technologies to amplify the outstanding Ioniq platform beyond original equipment manufacturer limitations for outstanding efficiency gains and excellent drivability. Read Full Story

Oliveboard study records increasing registrations among women in banking from tier II cities
Bengaluru (Karnataka) , Oct. 13 : Oliveboard, India's largest online test preparation platform for banking and government courses with over one million subscribers, unveiled a study report that reflects a growing trend in the number of women applicants from tier II cities opting for banking. Read Full Story

UPES students represent India at Moon-Mars Exploratory Mission in Poland
New Delhi , Oct. 13 : Two aerospace engineering students of UPES represented India at the Poland Mars Analogue Simulation (PMAS) 2017, organized by the Space Exploration Project Group, in collaboration with European Space Agency. Read Full Story

Peer to peer lending now needs NBFC registration
New Delhi , Oct 13 : Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identified as a special group of non-banking finance companies (NBFCs) by the central bank and that the banking regulator will be responsible for regulating it. Read Full Story

Japan expands its retail business in Southeast Asia
Tokyo [Japan], Oct. 13 : Japan's retail company, AEON, recently inaugurated its second shopping mall in Indonesia. The AEON Mall Jakarta Garden City, which is located in central Jakarta city, aims to target the young customers and families. It ensures to provide these families with an environment of convenience, comfort, and high quality services. AEON is focusing on expanding stores not only in Indonesia, but across Southeast Asia including Vietnam and Cambodia. Read Full Story

Former Jabong VP to lead MobiKwik's payment gateway business
New Delhi , Oct. 13 : MobiKwik, an issuer-independent digital financial services platform on Friday announced the appointment of Rukaiya Rangwala as the Business Head of MobiKwik Payment Gateway, to drive growth of the entity. Read Full Story

Minute errors vital to cyber espionage detection: Kaspersky
New Delhi , Oct. 13 : Errors and small clues left behind by attackers are vital in attribution, providing valuable intelligence on the people behind a cyber espionage attack and the possible connections between them, Kaspersky Lab's researchers revealed, who have been tracking advanced cyber espionage operations originating in and targeting Asia Pacific countries for the last 10 years. Read Full Story

Shriram Automall partners with SBI for its SME segment
New Delhi , Oct. 13 : Shriram Automall India Limited (SAMIL), a platform for the exchange of pre-owned vehicles and equipment, joined hands with the State Bank of India (SBI) to extend the benefits of its holistic solutions for the disposal of all types of pre-owned vehicles and equipment. Read Full Story

Increasing FDI inflow testament to global confidence in Indian economy: Jaitley
Washington D.C. [USA], Oct. 13 : Union Finance Minister Arun Jaitley has stated that the Foreign Direct Investment (FDI) flows to India have increased in 2016-17, over that in 2015-16, indicating improve in the global confidence of the economy. Read Full Story

Want to hive off Yamuna Expressway project: Jaypee to SC
New Delhi , October 10 : The Jaypee group on Friday moved the Supreme Court, seeking permission to sell off its Yamuna Expressway project. Read Full Story

18.8pc Growth in Foreign Tourist Arrivals in September, 2017 over September, 2016
New Delhi : 71pc Growth in Foreign Tourist Arrivals on E-Tourist Visa in September, 2017 over September, 2016 Read Full Story

Expected land pooling of 22,000 hectares to boost economic activity
New Delhi : Land pooling in Delhi, expected to meet the rising demand for residential and other needs besides stimulating economic growth is now further simplified for speedy execution. Read Full Story

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