Book on the untold Flipkart story to launch in Oct
New Delhi, Aug 22 : IIT graduates Sachin Bansal and Binny Bansal founded out of an apartment in Bangalore (now Bengaluru) what would become Indias biggest e-commerce start-up. Recounting the astounding story of how the Bansals built Flipkart into a multi-billion-dollar powerhouse in a span of few years, journalist Mihir Dalal has penned a new book.
Spotify Premium free trial extended to 3 months
New Delhi, Aug 22 : Beginning Thursday, users can join Spotify's Premium tier for free for three months that would essentially let them stream music without advertisements, the Swedish music streaming app has announced.
Affordable Nokia 5G phone coming in 2020
Helsinki, Aug 22 : HMD Global, that makes and sells Nokia-branded phones, has confirmed that an affordable Nokia 5G phone that would cost around half of the existing ones would arrive next year in the US.
New Ransomware variants double in Q2: Kaspersky
New Delhi, Aug 22 : Researchers have detected 16,017 new ransomware modifications in the second quarter (Q2) of 2019 -- including ones belonging to eight new malware families -- which is more than double the number of new samples detected in Q2 2018 (7,620), Russian cybersecurity firm Kaspersky said on Thursday.
Netflix-led OTT platforms threaten cable TV in India: Report
Mumbai, Aug 22 : Netflix and other over-the-top (OTT) platforms are slowly but steadily eating the cable TV business, a new KPMG report has said, adding that there was a decline of nearly 12-15 million active subscribers for the cable and satellite (C and S) universe in the fourth quarter (Q4) of the financial year 2019.
DLF tanks 20pc on Supreme Court notice
Mumbai, Aug 22 : DLF fell over 20 per cent on the BSE during the early trade on Thursday following reports that the Supreme Court has issued a notice to the company for suppressing key information regarding judicial proceedings against its largest chunk of land-bank in Haryana.
Arms factories restructuring for profits, employment: Rajnath Singh
New Delhi, Aug 22 : The Centre has decided to go ahead with corporatisation of ordnance factories in order to reduce the import dependency of defence equipment, enhance combat efficiency of the Armed Forces and increase the profitability of the entities for greater employment generation.
Domestic defence output goal raised 12pc for FY20
New Delhi, Aug 21 : The department of defence production has set itself a 12 per cent higher target of producing Rs 90,000 crore equipment in this financial year. Of this, Rs 15,000 crore equipment is envisaged to be exported.
Defence production target set at Rs 90K cr for 2019-20
New Delhi, Aug 22 : The department of defence production has set itself a target of producing equipment worth Rs 90,000 crore in the financial year 2019-20. Exports worth Rs 15,000 crore have been envisaged from the total quantity of equipment produced.
over 39 lakh beneficiaries covered under PMJAY
New Delhi, Aug 21 : Union Health Minister Dr Harsh Vardhan on Wednesday reviewed the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) scheme and appreciated the progress shown by the scheme in just a year.
Tribunal stays withdrawal of Karnataka iron ore mine lease
New Delhi, Aug 21 : The Mines Tribunal has stayed the Karanatka government's order to withdraw the extension of mining lease of Donimalai Iron Ore Mine. The order will prohibit the state government to take any further action regarding mining lease or initiate auction process of Donimalai mine.
NCLAT asks Jet CoC if it will work with Dutch administrator
New Delhi, Aug 21 : The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Committee of Creditors of Jet Airways to file an affidavit stating whether it is ready to cooperate with the Dutch bankruptcy administrator which is also pursuing insolvency proceedings against the airline.
Renewables won't overtake coal soon in power sector: CIL
Kolkata, Aug 21 : Iterating that renewable energy sources were unlikely to overtake coal as the major source of power generation in India any time soon, state-owned Coal India Ltd on Wednesday said the energy migration would happen "differently" in the country as compared to many other countries switching to renewables.
Yuvraj Singh tells you how to be a new age Baazigar
New Delhi August 21: BalleBaazi.com, India's fastest growing fantasy gaming platform unveils its latest ad campaign 'Ab Khel kar Jeetne Wale Ko Baazigar kehte hai' with brand ambassador Yuvraj Singh who has helmed three advertisements.
Loans from NBFCs to developers halved in FY19: Report
New Delhi, Aug 21 : The liquidity crisis in the NBFC sector was so grave that net loan disbursal by non-banking financial companies (NBFC) and housing financing companies (HFC) to realty developers declined by nearly 50 per cent in 2018-19 on a year-on-year (YoY) basis to an estimated amount of Rs 27,000 crore, a joint report by CII and JLL saud on Wednesday.
Zomato rejigs 'Gold' service, NRAI refuses to budge
New Delhi, Aug 21 : Giving in to the demands of offline restaurants to stop "unethical" deep discounting practices, online food aggregator Zomato on Wednesday announced to immediately reconstruct its 'Gold' service to help drive better margins for the restaurants.
Crude, gas and refinery output slips
New Delhi, Aug 21 : Production of crude oil, natural gas and refinery products declined in July, 2019 against the monthly target with experts attributing it to the mix of economic slowdown and seasonal trend.
The sequel to Square Yards' Mega Real Estate Fest, 'Azadi Tour' is back, and it's bigger and better
Gurugram (Haryana) August 21: Square Yards, India's largest proptech company, invites you to 'Azadi Tour' - a Mega Real Estate Fest through the 23rd, 24th and 25th of August, that's aimed at bringing the latest blockbuster launches of RERA registered projects by top Indian developers. Coming to 20 cities across India, the UAE, Oman, Qatar, Australia and Hong Kong, Azadi Tour is by far the largest Real Estate fest of the season.
Sensex ends 267 points lower, Yes Bank shed 8pc
Mumbai , Aug 21 : Sensex on Wednesday closed 267 points lower over growth concerns amid news of more and more job losses and slowdown effects in the economy. Investor sentiments saw no revival as an expected announcement of a stimulus package was not made.
Jio gains, Airtel and Voda-Idea lose users: CLSA
Mumbai, Aug 21 : Reliance Jio has added 44 million active subscribers over the past six months, while Bharti Airtel and Vodafone Idea have lost 20 million and 68 million clients, respectively, most likely due to the introduction of minimum recharge plans, said a report from broking firm CLSA.
Data usage revenue jumps to 54,671 crore in 2018: Trai
New Delhi, Aug 21 : Total revenue collected last year by telecom operators from wireless data usage at Rs 54,671.44 crore (excluding rental revenue) was up by Rs 15,789 crore as compared to Rs 38,882 crore in 2017, according to an analytics paper released by telecom regulator Trai on Wednesday.
Sebi fastracks FPI registration norms for ease of business
Mumbai, Aug 21 : In a far reaching decision which will reform the long pending multi-layered registration process for foreign portfolio investors (FPIs), market regulator Sebi on Wednesday proposed new norms to simplify and rationalise the existing regulatory framework by easing operational constraints and compliance requirements.