Industry NewsPTI | March 22, 2018 1:23 PM
The Supreme Court today ordered that status quo be maintained on Reliance Communication's sale of assets to R-Jio on pleas by a consortium of banks.
Tencent Holdings Ltd. may not be a superhero after all. Revenue at the Chinese social media company missed estimates by the largest margin in more than three years, user growth slowed and margins are under pressure.
Banks throw out Numetal, ArcelorMittal bids for Essar Steel; allow second round bidding till April 2PTI | March 21, 2018 8:11 PM Shubham Verma | March 21, 2018 3:32 PM Gaurav Sangwani | March 21, 2018 3:12 PM
FE Online | March 24, 2018 3:34 PM
OnePlus is expected to launch its next flagship smartphone – dubbed OnePlus 6 – sometime in the second quarter this year. The OnePlus 6 is tied with many speculations including the iPhone X-like design that has now become a trend among Android smartphones.
Shocking claim by researcher: Narendra Modi app sharing personal information of users without consentFE Online | March 24, 2018 3:28 PM
Narendra Modi app, the official mobile application of Prime Minister Narendra Modi, is allegedly sharing the private information of its users, and that too a third party US company Clever tap.
FE Online | March 24, 2018 2:33 PM
Jio Prime membership that gave additional data, calling, and app benefits will end on March 31. What lies next for the customers?
IANS | March 24, 2018 1:55 PM
In an attempt to better represent differently-abled people, Apple has proposed Unicode Consortium — the non-profit organisation that governs the global standard for emojis — to add 13 new emojis including a service dog, a wheelchair and prosthetic limbs.
FE Online | March 24, 2018 1:26 PM
Indian e-Commerce major Flipkart’s accumulated loss as of March 2017 stood at Rs 24,000 crore, a thousand crore more than Narendra Modi government’s entire one year allocated Budget for building 1 crore affordable houses.
IANS | March 24, 2018 12:00 PM
The US imposed sanctions on Friday on 10 Iranians and an Iranian organization, all related to the Islamic Revolutionary Guard Corps (IRGC) of that country, for the massive theft of valuable data from hundreds of universities, private firms and government agencies worldwide.
FE Online | March 24, 2018 11:24 AM
Mukesh Ambani’s Reliance Jio, after disrupting the telecom space with its often free and cheaper services, is now all set to disrupt the content market. Jio’s next venture in the content foray, after Jio TV, has taken it to digital music service Saavn.
FE Online | March 24, 2018 10:17 AM
The prices of LCD, LED TV are set to get cheaper as the government halved import duty imposed on a key component of the TV panel called ‘open cell’ to 5%.
FE Bureau | March 24, 2018 6:13 AM
In a fresh twist in the battle for wresting control of beleaguered Binani Cement, operational creditors have now entered the fray with their contention of being wronged in the resolution process.
FE Bureau | March 24, 2018 6:09 AM
Jindal Steel and Power (JSPL) said on Friday that it has raised Rs 1,200 crore through qualified institutional placement (QIP).
FE Bureau | March 24, 2018 6:06 AM
Telecom operators lost more than 15 million subscribers on a net basis during January 2018 as numbers of Reliance Communications (RCom) and small operators fell by a whopping 28.1 million during the month.
Anushree Bhattacharyya | March 24, 2018 6:02 AM
With about 15 days to go for the 11th edition of the Indian Premier League (IPL), Star India — the official broadcaster of the T20 tourney — is understood to have sold more than 80% of its advertising inventory.
We’ve been investing around $30 m per year for Make in India, says Chairman and CEO of Aequs AerospaceHuma Siddiqui | March 24, 2018 5:51 AM
Aravind Melligeri, CEO and chairman at Aequs Aerospace, talks about the company’s role in India in an interaction with FE’s Huma Siddiqui.
FE Bureau | March 24, 2018 5:47 AM
To enforce Rs 3,500-crore arbitral award that Japan’s Daiichi Sankyo won against Fortis promoters for hiding information during Ranbaxy sale
Shobhana Subramanian | March 24, 2018 5:30 AM
As a young girl growing up near the Himalayas, she never imagined she would climb so high. But Anshula Kant is as grounded as it gets. “Down to earth” is how the chief financial officer (CFO) at the State Bank of India (SBI) describes herself.
FE Bureau | March 24, 2018 5:03 AM
In a first big result of the government instituted insolvency resolution process, and in a major step forward for steel behemoth Tata Steel, the company has accepted the letter of intent (LoI) for Bhushan Steel under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016 (IBC), according to a stock exchange filing on Friday.
HSBC | March 24, 2018 3:21 AM
Cipla the preferred pick in challenging environment, on a comfortable India and EM base and strong US growth outlook
Kotak Institutional Equities | March 24, 2018 3:16 AM
FY18e EPS up 2% to factor in higher transmission volumes; TP revised to Rs180
Jefferies | March 24, 2018 3:10 AM
Competitive intensity likely to remain high; grounds for caution on Bharti and Idea
R Ravichandran | March 24, 2018 3:00 AM
World’s largest two-wheeler manufacturer Hero MotoCorp has laid the foundation stone for its 8th manufacturing plant at Chittoor in Andhra Pradesh (near Sri City), the first in the southern region, on Friday in the presence of Andhra Pradesh chief minister N Chandrababu Naidu.
FE Online | March 23, 2018 10:37 PM
Airtel recently launched a VoLTE Beta programme for selective states in India, inviting users to test the technology and in return, the telecom company is offering them data benefits.
PTI | March 23, 2018 10:15 PM
As part of the deal, additionally, Reliance will be acquiring a partial stake from the existing shareholders of Saavn for USD 104 million. The shareholder base of Saavn includes Tiger Global Management, Liberty Media and Bertelsmann among others.
PTI | March 23, 2018 8:26 PM
The agency has alleged that loans worth Rs 192.98 crore were availed during 2009-10, 2010-11 and 2011-12 by 220 borrowers comprising 21 aggregator groups, who in criminal conspiracy with former General Manager Battu Rama Rao, submitted forged documents and overvalued collateral security.
IANS | March 23, 2018 8:20 PM
As of end 2017, there were 8.9 mn iPhone users in India and with an addition of estimated three million units in 2018, the company would surpass the 10 million mark, according to data provided by Mobilytiks.
PTI | March 23, 2018 8:01 PM
SWIFT said GPI accounts for 10 per cent of cross border payment traffic and is enabling more than a hundred billion dollars to be transferred across the world rapidly and securely every day.
FE Online | March 23, 2018 7:07 PM
Soon air travel would become paperless with air transport IT and communications service provider SITA is all set to help lead the way in fully biometric travels.
Data theft alert! Deleting Facebook profile does not secure your private details; here is how to stopFE Online | March 23, 2018 6:58 PM
Mark Zuckerberg owned Facebook has found itself in the midst of a scandal. Recently, Facebook reportedly suffered one of the biggest internet data breaches of all time.
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