After $32 billion rally, TCS CEO Rajesh Gopinathan sees path to even faster growth May 31, 2018 Bangalore: These are challenging times for India’s technology-services industry. Growth has slowed. Profits are pinched. Layoffs, once u...Read More
Why does the Toyota Innova sell? May 31, 2018 The Toyota Innova sold more than 7k units last month. The top-end costs Rs 22.3 lakh. It is the most expensive MPV and yet outsells every...Read More
Xiaomi’s new fitness band has 20-day battery life and 50-meter water resistance May 31, 2018 Xiaomi’s very-iPhone-X-looking Mi 8 smartphone was the highlight of its Shenzhen press event today, but the company did also unveil a n...Read More
GM’s Cruise gets $2.25b from SoftBank’s Vision Fund, $1.1b from GM May 31, 2018 General Motors today announced a large investment into its self-driving unit, Cruise. SoftBank’s Vision Fund will invest $2.25 billio...Read More
Anil Ambani’s son Anmol strikes first fund-raising deal, nets 25 times gain May 31, 2018 MUMBAI: Anmol Ambani , the elder son of Anil Ambani, has struck his first deal after being elevated as a director of Reliance Capital , ...Read More
Google Pixel 3 in October, XL model to have a notch: Report May 31, 2018 Keeping the yearly tradition, Alphabet-owned Google will come with its upcoming Pixel 3 and Pixel 3 XL in October this year. The larger ...Read More
Tax reforms to expand revenue base in India, says Moody’s May 31, 2018 New Delhi: Tax reforms are likely to expand revenue base in fast growing economies like India but they will be most effective when accom...Read More
Tata Motors inks MoU to deploy 1,000 EVs in Maharashtra May 31, 2018 New Delhi: Tata Motors on Thursday said it has inked a pact with Maharashtra government to deploy 1,000 electric vehicles (EVs) from it...Read More
Idea completes sale of 9,900 mobile towers to ATC for Rs4,000 crore May 31, 2018 New Delhi: Telecom operator Idea Cellular on Thursday said it has completed the sale of approximately 9,900 mobile towers to American T...Read More
Religare Enterprises reports Rs64 crore loss in Q4 May 31, 2018 New Delhi: Financial services firm Religare Enterprises on Thursday reported a 27% jump in its standalone net loss at Rs64.33 crore in ...Read More
Maruti Suzuki aims to sell over 2 lakh units with AGS technology this fiscal May 31, 2018 New Delhi: Maruti Suzuki India (MSI) on said it aims to sell over 2 lakh units with auto gear shift (AGS) technology in the current fis...Read More
India’s Q4 GDP growth rises 7.7%, highest since demonetisation, GST rollout May 31, 2018 New Delhi: The Indian economy gained further momentum in January-March 2018 (Q4 FY18), posting a GDP growth of 7.7%, data from the Cent...Read More
UIDAI extends deadline to deploy Virtual ID system to 1 July May 31, 2018 New Delhi: The Unique Identification Authority of India (UIDAI) has extended by one month to 1 July the deadline for service providers ...Read More
ONGC shares rise after Q4 profit jumps 37% to Rs5,915 crore May 31, 2018 New Delhi: Shares of State-owned Oil and Natural Gas Corp. Ltd (ONGC) gained 3.5% on Thursday after the company reported its highest pr...Read More
Warren Buffett said to have offered Uber $3 billion but talks died May 31, 2018 San Francisco: Warren Buffett proposed investing $3 billion in Uber Technologies Inc. earlier this year, but the talks fell apart follo...Read More
RBI seen turning hawkish in June, raising rates in August: Poll May 31, 2018 Bengaluru: The Reserve Bank of India (RBI) will hike rates in August on concerns that already above-target inflation will climb further...Read More
Indian Oil most profitable PSU for 2nd year in a row May 31, 2018 New Delhi: Indian Oil Corp. Ltd (IOC) has for the second year in a row beaten Oil and Natural Gas Corp. Ltd (ONGC) to become India’s mo...Read More