Business India News

Audiences vote for a new beginning, indicates YouTube trends
New Delhi , August 18 : The wise have often said, "Content is king." Read Full Story

Roposo's new app explores homemade videos, photos through digital platform
New Delhi , Aug 18 : An urge to share lives beyond fashion and lifestyle by the users of India's leading fashion social network, 'Roposo - TV by the People' has emerged as the home grown digital platform to explore homemade videos and photos, hands-free and full-screen browsing experience. Read Full Story

Cargill Foods India's Brands Gemini Sunflower Oil and NatureFresh Sampoorna Chakki Atta - No. 1 Choice for Consumers, Says Consumer Voice
Mumbai, Aug 18: Gemini, Maharashtra's leading cooking oil and NatureFresh Sampoorna Chakki Atta, the fastest growing packaged Atta brand in India, ranks no. 1 as per the result of Comparative Product Testing undertaken by VOICE - Voluntary Organization in the Interest of Consumer Education. Read Full Story

Jaitley urges CM's to reduce burden of VAT on petroleum products used for manufacturing
New Delhi , August 18 : Union Minister Arun Jaitley in a letter to the State Chief Ministers, Finance Ministers written earlier today highlighted the concerns raised by the manufacturing sector in the country regarding the rise in input costs of petroleum products. Read Full Story

Axilor Successfully Graduates the Largest Accelerator Cohort of 20 Startups; Launches Call for Applications for its 6th Batch
Bangalore, Aug 18: Axilor Ventures calls for applications for its 6th accelerator batch Read Full Story

Telecos to now pay 5 lakhs as penalty for call drops
New Delhi , August 18, : Toughening its regulations on poor mobile service quality, including call drops, the Telecom Regulatory Authority of India (TRAI) has raised the penalty on telecom operators to five lakh rupees and also warned that the penalty could further be raised to 10 lakh rupees if violation continues for more than two quarters. Read Full Story

5 Things You Need to Know about Food Street of World Food India
New Delhi, Aug 18: Brace yourself to get your taste -buds kicking, as World Food India, an international mega food event, is providing a platform to experience culinary expertise under its delectable "Food Street'' that will be hosted by celebrity chefs and food aficionados of the world. Read Full Story

Nirvana Realty Wins The Best Luxury Developer of Weekend Homes in Maharashtra at the Realty Leader Summit and Award 2017
Mumbai, Aug 18: Nirvana Realty one of the leading developer in Maharashtra's weekend home market has bagged the 'The Best Luxury Developer of Weekend Homes in Maharashtra' award at the 7th Edition of the Realty Summit and Award 2017. Read Full Story

Worldwide Achievers Felicitated the Winners of Realty Leaders Summit and Awards 2017
Mumbai, Aug 18: Worldwide Achievers organized Realty Leaders Summit and Awards 2017 in association with ZEE Business as Telecast Partner and Achievers India as Magazine Partner. Read Full Story

Phonon.in Launches India's First Multi-modal Flight Bot for Aviation Sector
Vadodara, Aug 18: Phonon.in, a Vadodara-based interaction automation company has taken on this challenge and applied this to simple customer centric applications taking the paradigm of providing information at your fingertips to the next level. Read Full Story

Tally Solutions in Association with SMEStreet Conducts GST Preparedness Study among SMEs
New Delhi, Aug 18: Tally Solutions Pvt Ltd, the premier Indian Enterprise software company in association with SMEStreet, an online publication dedicated to the cause of SMEs and MSMEs in India, today announced the results of a study conducted among MSME business owners-GST Preparedness Index. Read Full Story

Madison Communication Bags PR Mandate of ZTE Telecom India
New Delhi, Aug 18: Madison Communication, the PR vertical of Madison World has acquired the mandate for ZTE Corporation in a multi-agency pitch. Read Full Story

36 Percent More Active Digital Display Advertisers Detected for India from Last Month
Mumbai, Aug 18: The whole world is going digital and so is digital advertising with advertisers vying hard to capture quality publishers. In turn, there are a lot more publishers competing for marketers too. And both sides are constantly looking at new tech and services to grab a larger piece of pie from the competition. Read Full Story

Travel Tech Startup TRAVELSPICE Expands Use of Microsoft Azure
Bangalore, Aug 18: Travel technology start-up, TRAVELSPICE, today announced increased use of data analytics, machine learning, BOT services and the scalable infrastructure offered by Microsoft Azure to support India's only and rapidly growing e-commerce hotel booking platform. Read Full Story

Was difficult to continue with continuous stream of distractions: Vishal Sikka
New Delhi , Aug 18 : Vishal Sikka, who resigned as the Managing Director and Chief Executive Officer of Infosys Ltd., on Friday cited that the continuous stream of distractions and disruptions are among the main reasons him behind his decision to quit. Read Full Story

True Balance's latest feature enables users to manage, recharge, earn rewards
New Delhi , Aug 18 : True Balance, India's leading mobile balance management service app unveiled interesting features on its new version which enables users to manage, recharge and earn their rewards all in one go. Read Full Story

IndiGo airlines denies reports of cancellation of flights
New Delhi , August 18 : The IndiGo airlines on Friday denied the reports of cancellation of their flights and said that there is misleading information being spread by a section of media. Read Full Story

OLA's new campaign explores youth's awareness towards shared mobility
New Delhi , Aug 18 : The latest OLA film 'Farak Padta Hai' campaign explores the youth of today who are more concerned about the future of the country, and want to work towards solving real issues like growing congestion and pollution in our cities. Read Full Story

Smartron unveils tronXTM, a first of its kind AI powered IoT platform
New Delhi , Aug 18 : Imagine a world where everything is interconnected and all devices can talk to each other to help you lead a more efficient and smarter life. An alarm clock that wakes you up earlier if your phone foresees traffic through maps; as soon as you wake up, the geyser is switched on and the milk delivery notified, you get ready while the system reads your schedule and books a cab for your conveyance; your health data is recorded and analysed on a regular basis and any small anomaly triggers a suggestion for a visit to a doctor; your go to retail store recognises your facial features the next time you visit and automatically suggests your shopping list based on your past preferences and usage in your fridge! Read Full Story

Magicbricks app records 40 pct rise in new users in the last quarter
New Delhi , Aug 18 : Home buying journey today is not as cumbersome as it was a decade ago. Homeseekers were completely dependent on brokers and personal connect, however with evolved needs and technological advancements, one can now access information at the touch of their fingertips. With the introduction of mobile apps like Magicbricks - the process has become much simpler. Read Full Story

Shardul Amarchand Mangaldas advises in relation to acquisition of preferred brands international by Mars International
New Delhi , Aug 18 : Shardul Amarchand Mangaldas and Co. ('SAM and Co.') advised Kagome Co. Ltd. (Japan), ASG LLC and Preferred Brands International Inc. in relation to the acquisition of Preferred Brands International and its subsidiaries including Tasty Bites Enterprises Limited (TBEL). The primary transaction is valued at USD 172 million (appox.) and will be followed by an open offer (valued at INR 352 crores). Tasty Bites Enterprises is a leading Indian manufacturer of packaged ready to eat food products. Read Full Story

Seven Hills Beverages Limited to enter capital market
Mumbai , Aug.18 : Seven Hills Beverages Limited, engaged in manufacturing of packaged drinking water for Bisleri International Pvt. Ltd. at its state of art, ultra modern unit at Nasik (Maharastra) is entering the capital market with an IPO of 1.60 Cr. equity shares of Rs.10 each at a price of Rs. 26 per share (30.09pc dilution). Read Full Story

Axilor graduates largest accelerator cohort of 20 startups
Bangalore (Karnataka) , Aug.18 : Axilor Ventures has launched a call for applications for its sixth accelerator batch. Read Full Story

Infosys expresses gratitude to Vishal Sikka for his leadership
Bengaluru (Karnataka) , August 18 : At its board meeting held today, the Board of Directors of Infosys Limited accepted Vishal Sikka's resignation as the Managing Director and CEO, effective immediately. Read Full Story

Vishal Sikka resigns as Infosys MD and CEO
New Delhi , August 18 : Vishal Sikka has resigned as the Managing Director and Chief Executive Officer of Infosys Ltd. with immediate effect. Read Full Story

Schneider Electric releases white paper with IDC to highlight technological advancements
New Delhi , Aug 17 : Schneider Electric, in partnership with IDC (International Data Corporation), released a white paper that highlights the pressing need for Indian utilities to embark on the technological advancements. Read Full Story

ShadowPad: How attackers hide backdoor in software used by large companies around the world
New Delhi , August 17 : Kaspersky Lab experts recently detected one the largest known supply-chain attacks, ShadowPad, before it could threaten the security of hundreds of organisations worldwide. Read Full Story

Food lovers, head to Cha Bar for its latest offerings!
New Delhi , August 17 : Cha Bar, Delhi's most popular and frequented Tea Cafe has introduced its latest offerings, extending it's much loved menu. Read Full Story

Goomo Awards its Digital Mandate to PivotRoots
MUMBAI, August 17, 2017 : Goomo.com, the newly launched travel portal, has assigned its integrated digital duties to PivotRoots. As a part of the digital mandate, PivotRoots will be responsible for digital strategy, planning and buying, SEO and content. The agency will utilize its data and technology-driven marketing strategy to help Goomo launch and scale-up efficiently in the competitive online travel aggregation space. Read Full Story

Light Painting, SKODA's Unique Tribute to the Spirit of Independent India - Conceptualized by Bushfire
MUMBAI, August 17, 2017 : The launch of the new SKODA Octavia has been one of the most eagerly-awaited car launches of the year. The Octavia is especially unique as it is the car with which ŠKODA India started their innings in India. Read Full Story

Swift action by NDA Govt: A breather for Home-buyers
By Gaurav Gaur, New Delhi , Aug.17 : Within a week of the admission of the Insolvency petition by the NCLT (National Company Law Tribunal), against Jaypee Infratech limited, the Government of India, Along with IBBI (Insolvency and Bankruptcy Board of India) have proved their resolve in making IBC 2016 (The Insolvency and Bankruptcy Code) an effective, efficacious and equitable remedy, taking care of interests of all the creditors involved. Read Full Story

IVEPOS V4, India's First Artificial Intelligence and Cloud-based Fully-integrated POS Product, Launched by Intuition Systems
BENGALURU, August 17, 2017: Bengaluru-based Intuition Systems launched its newest version of the point of sale product with great feature updates. Artificial Intelligence powered and cloud-enabled POS - IVEPOS V4, the recently-launched product, comprises of features like real-time analytics, customer relationship management, task automation, integrated card and digital wallet acceptance and many more features. The company showcased the product in the recently-held Food and Hospitality World Expo in Bengaluru. The product received rave reviews from the participants. Read Full Story

Embassy Group Celebrates the Spirit of Independence With a Special Tribute on 70th Independence Day of India
BENGALURU, August 17, 2017 : Embassy Group, a leading property developer celebrated the 70th Independence Day in Bangalore by lightning up one of their premium residential development, Embassy Lake Terraces in Tricolour and showcasing a visual treat narrating the vision of Mahatma Gandhi leading India towards independence and progress; and seamlessly integrating various facets of Embassy Group in a spectacular drop of the Indian flag using 3D projection. Read Full Story

Ola's connected car platform, Ola Play now in six cities across India
New Delhi , Aug 17 : Taxi aggregator Ola has announced the launch of Ola Play, its connected car platform for ridesharing in two new cities, Chennai and Pune. Read Full Story

Foreign tourist arrivals records 7.4 percent growth
New Delhi , August 17 : A compiled report on monthly estimates of Foreign Tourist Arrivals (FTAs) and FTAs on e-Tourist Visa published by the Ministry of Tourism has highlighted a 7.4 percent surge in the number of FTAs in July 2017, as compared to July last year. Read Full Story

Indus Towers appoints Shankar Iyer as Chief Sales and Marketing Officer
New Delhi , Aug 17 : Indus Towers, the country's largest telecom tower company, announced the appointment of Shankar Iyer as the Chief Sales and Marketing Officer (CSMO). With over 24 years of experience in diverse industries, Shankar holds in-depth business understanding of international and domestic telecom and tower industry. Read Full Story

Ultimate Sun Systems installs rooftop solar PV plant MMU Ambala
New Delhi , Aug 17 : Renewable energy solutions pioneer Ultimate Sun Systems on Thursday announced installation and commissioning of a 1 MW rooftop solar plant at the MMU University in Ambala. Read Full Story

Overwhelming presence of public sector stagnating economic growth, opines Morgan Stanley's Ruchir Sharma
New Delhi , August 17 : The overwhelming presence of the public sector in India is holding back the economy, noted Ruchir Sharma, Head of Emerging Markets Equity and Chief Global Strategist, Morgan Stanley Investment Management, while delivering a lecture on leadership, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) to commemorate its 90th anniversary this year. Read Full Story

HDFC revises interest rates on savings bank accounts, effective August 19
New Delhi , August 17 : HDFC Bank on Thursday announced a revision in its savings bank interest rate, effective August 19. Read Full Story

Fortis Foundation launches two new charitable medical dispensaries in Delhi and Haridwar
New Delhi , August 17 : The Fortis Foundation recently launched two charitable medical dispensaries at the Anubhavi Ashram in Haridwar, Uttarakhand and at the Aggarwal Dharamshala in New Delhi. Read Full Story

Nokia's flagship Android device, soon at a store near you!
New Delhi , August 17 : The much-awaited Nokia 8, which was launched in London by HMD Global, is all set to hit the market in early September this year, and is reportedly entering the Indian market early October. Read Full Story

LifeCell Launches Improved and Advanced Umbilical Cord Stem Cell Collection Kit
CHENNAI, August 16, 2017 : Greater strength, longer temperature maintenance, water resistant, eco-friendly and compact Read Full Story

Honor 8 Pro Leads the Pack in More Ways Than One; Wins EISA Consumer Smartphone 2017-2018 Award
NEW DELHI, August 16, 2017 : Honor, a global leading smartphone e-brand, which continues to ride its wave of success and market recognition, has just received a major accolade from the European Imaging and Sound Association (EISA) which bestowed on Honor 8 Pro, the prestigious and highly coveted 'EISA Consumer Smartphone 2017 - 2018' Award. Read Full Story

Bayer and the Citrus Research and Development Foundation team up to find solutions against Citrus Greening
RESEARCH TRIANGLE PARK, N.C., Aug. 16, 2017 : Bayer and the Citrus Research and Development Foundation (CRDF), a non-profit organization in Florida supporting citrus growers, have signed a research collaboration agreement to find solutions to Citrus Greening disease, which currently threatens the global citrus production and juice industry. Read Full Story

Everstone Backed Everise and Leading Korean BPO Firm UBASE Sign MoU for Joint Venture
Mumbai, Aug 16: Everise, a partnership between Sunrise and Everstone, has signed a MoU with UBASE, a leading Korean BPO service company, to create a joint venture that will be based in Singapore. This joint venture aligns two unique BPO companies to provide an unparalleled global service experience. Read Full Story

Toshiba Wins Buyers Lab's Summer 2017 Pick
TOKYO, Japan, Aug 16 : Toshiba Tec Corporation (TOKYO: 6588) announces that its e-STUDIO4508A has earned Keypoint Intelligence - Buyers Lab's Summer 2017 Pick. Toshiba's latest monochrome product surpassed comparable multifunction peripherals (MFPs) in reliability, usability, security, value and features during six months of rigorous, side-by-side product testing. Read Full Story

Indian Logistics Industry to Experience Higher Investments with the Passing of Industry Tax Reforms and Advances in Technology
Mumbai, Aug 16: The Government of India's strong emphasis on manufacturing and initiatives such as "Make in India" is boosting domestic production, which is bolstering the logistics industry. Logistics companies are making concerted efforts to keep pace with this growth in demand by digitizing their solutions and offering online freight services. Read Full Story

PerkinElmer India Opens Centre of Excellence at Indian Institute of Science Education and Research (IISER) Pune
Pune, Aug 16: PerkinElmer, Inc., a global leader committed to innovating for a healthier world, today announced PerkinElmer India's opening of a Centre of Excellence at Indian Institute of Science Education and Research (IISER), Pune. As a cutting-edge instrumentation facility, PerkinElmer-IISER Pune Centre of Excellence will help educate the region's current and future scientists on high-throughput analyses in life sciences. Read Full Story

CSS Corp Wins Silver Stevie in 2017 International Business Awards
Bangalore, Aug 16: CSS Corp, a new age IT services and technology support company, was named the winner of a Silver Stevie Award in the Best New Product or Service of the Year - Software - Platform as a Service category at The 14th Annual International Business Awards 2017. CSS Corp was conferred the recognition for its proprietary Artificial Intelligence (AI) platform, Yodaa. Read Full Story

The Great Indian Shopping Festival Lives up-to its Reputation - Impresses Over 4 Million Visitors in Three Weeks
Noida, Uttar Pradesh, Aug 16: The relation of Mr. Rahul Rai, a resident of Delhi with The Great India Place is that of any average shopper with the iconic mall - a perfect hangout place and shopping destination. Read Full Story

PM Modi to interact with 200 Champions of Change
New Delhi , Aug 16. : With a focus on building New India by 2022, Prime Minister Narendra Modi will interact with country's over 200 young entrepreneurs and start-ups across sectors on Friday in New Delhi. Read Full Story

Kwality Ltd.'s board approves appointment of new statutory auditors
New Delhi , Aug 16 : Kwality Ltd., amongst largest and fastest growing private dairy companies in India, today announced that the Board has considered and approved appointment of MSKA and Associates ('MSKA') as its new statutory auditors for the period FY 2017-18 to FY 2021-22, subject to approval from shareholders in Annual General Meeting proposed to be held in Sep' 2017. Read Full Story

Alliances Galore completes one million aggregations of Merchant Alliances Globally
New Delhi , Aug 16 : Alliances Galore - The largest offers based Merchant Acquirer in the country and globally has recently completed a milestone of 1,000,000 alliances for its clients. Read Full Story

Shardul Amarchand Mangaldas advises PVR Ltd. on sale of its stake in PVR BluO Entertainment to Smaaash Entertainment
New Delhi , Aug 16 : Shardul Amarchand Mangaldas and Co ('SAM and Co') advised PVR Limited ('PVR') on sale of 100 percent shareholding in the arcade games joint venture company PVR BluO Entertainment ('PVR BluO') to Smaaash Entertainment ('Smaaash') for approximately Rs. 86 crore. PVR owns 51 percent in PVR BluO, while Thailand's Major Cineplex Group owns the rest. Read Full Story

Prabhu, Goyal and Pradhan to address Third Business and Climate Summit 2017
New Delhi , Aug.16 : Three union ministers -- Railway Minister Suresh Prabhu, Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines Piyush Goyal and Minister of State (Independent Charge) for Petroleum and Natural Gas Dharmendra Pradhan -- have confirmed their participation in the two-day Business and Climate Summit (BCS) that will be held here between August 31 and September 1. Read Full Story

Home buyers left in lurch: Insolvency and Bankruptcy Code favours financial creditors
By Gaurav Gaur, New Delhi , Aug.16 : Insolvency and Bankruptcy Code 2016(IBC 2016), has been enacted to reorganise and provide insolvency resolution for corporate entities and partnerships in a time bound manner. The nub of the code is to bring back defaulting companies on road to recovery, to promote entrepreneurship, availability of credit and balance of interests of all stakeholders. Read Full Story

Chakra Aroma fragrances pioneers premium divine fragrance market
New Delhi , Aug 16 : Successful meditation depends completely on the mental state of the meditator. Incense facilitates meditation as it creates a positive visual impact; certain fragrances in the incense impart positive impulses to the brain. Read Full Story

IRCTC launches international tours for Lanka, Russia
New Delhi , Aug.16 : The Indian Railway Catering and Tourism Corporation Ltd. (A Govt. of India Enterprise) under Ministry of Railways is one of the biggest e-commerce website across Asia. Read Full Story

Honor 8 Pro conferred with EISA Consumer Smartphone award
New Delhi , August 16 : Smartphone aggregator Honor received an accolade from the European Imaging and Sound Association (EISA), which bestowed on Honor 8 Pro, the 'EISA Consumer Smartphone 2017 - 2018' Award. Read Full Story

TAB Capital surpasses Rs.101 cr worth loan disbursement
New Delhi , August 16 : Pune-based Non Banking Financial Company (NBFC) TAB Capital on Wednesday announced crossing an assets under management (AUM) to the extent of Rs. 101 crores, as of July 31, with an aim to reach at a worth of Rs. 500 crores in the next two years. Read Full Story


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