Industry News
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Twitter lets users mute notifications from unknown accounts
Reuters | July 11, 2017 5:44 AMTwitter Inc, in its latest step to curb abusive behavior on its platform, rolled out new features on Monday to help users disable notifications from accounts that they want to avoid.
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Microsoft to offer local version of Azure cloud service
Reuters | July 11, 2017 5:40 AMMicrosoft Corp on Monday unveiled a new service that allows customers to use its cloud technology on their own servers, part of the company’s efforts to refocus its product line to compete more effectively with rivals Amazon.com Inc and Alphabet Inc’s Google.
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Banks revenue may grow 10% in Q1
FE Bureau | July 11, 2017 5:27 AMBanks’ earnings in the first quarter of 2017-18 are likely to remain broadly unchanged from the previous quarter as they continue to provide for bad loans and see limited uptick in net interest income (NII), analysts said.
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IDFC-Shriram Group merger plan may run into RBI hurdles
FE Bureau | July 11, 2017 5:21 AMThe proposed merger between IDFC and the Shriram Group to create a mass retail franchise with a universal bank at its core hinges on a crucial approval from the Reserve Bank of India (RBI), which could be hard to come by, analysts said.
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Oodles of noodles
Meghna Sharma | July 11, 2017 3:53 AMOver the years, instant noodles have become an important part of India’s snacking repertoire. After the 2015 Maggi fiasco, the category has only seen a change for good. With innovation at the helm, the market is seeing an upward trend.
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For the twisty snack, millennials want options!
July 11, 2017 3:51 AMIndia is the world’s fifth largest instant noodles market after China, Indonesia, Japan and Vietnam, according to the 2016 data by World Noodle Association.
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How Harley-Davidson plans to vroom ahead
Shinmin Bali | July 11, 2017 3:46 AMThe motorcycle brand, famous for the customer communities it creates, has set its sights on capturing a bigger slice of tier II cities and developing a leisure motorcycling culture among women.
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Digital content: The new mutant around
July 11, 2017 3:33 AMAs digital content takes on different shapes and formats to create impact, it is time to look inwards and create new mutant formats
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I do not like the need for diplomacy: Rahul Agarwal, MD & CEO, Lenovo India
July 11, 2017 3:26 AMI love my job because of the sheer thrill, pace, complexity, variety, decision making and its speed, says Rahul Agarwal.
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When it comes to content, leave your intuition at home, says Vuclip CEO, founder Nickhil Jakatdar
Chandni Mathur | July 11, 2017 2:02 PMWhile focussing on solving technological video-related issues, Vuclip realised the need gap for locally relevant content and soon entered the crowded OTT space with Viu, a technology-driven media company.
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Choosing expertise over dramatic storytelling
Shinmin Bali | July 11, 2017 3:13 AMMotilal Oswal marks 30 years of operating in the equity and wealth creation space with an effective new campaign that tries to make the brand synonymous with equity investments
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Google completes UPI testing, awaits RBI nod to launch service: NPCI chief
PTI | July 11, 2017 2:04 AMTechnology giant Google has completed the testing of its Unified Payments Interface (UPI) payment service and awaiting Reserve Bank of India’s approval to launch its service in the country, the National Payments Corporation of India (NPCI) today said.
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Government approves Amazon’s proposal for FDI in food
PTI | July 11, 2017 1:59 AMThe government has approved American e-commerce major Amazon’s proposed $500 million investment in retailing of food products in India
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Microsoft new transformative tool to help businesses go digital: CEO Satya Nadella
PTI | July 11, 2017 12:47 AMTechnology giant Microsoft’s CEO Satya Nadella today introduced a new “transformative” tool for businesses to go digital and make fullest use of the latest advancement in the IT and digital world.
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In a first, Facebook to build houses in Silicon Valley as shortage worsens
Reuters | July 11, 2017 12:39 AMThe shortage of housing in California’s Silicon Valley has gotten so severe that Facebook Inc on Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters.
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Government approves Amazon’s $500 million investment proposal for FDI in food
PTI | July 10, 2017 9:50 PMThe government has approved American e-commerce major Amazon’s proposed USD 500 million investment in retailing of food products in India, an official said.
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Air India no no non veg policy: Vistara takes this smart jibe at the Maharaja
FE Online | July 10, 2017 9:10 PMWith tongue firmly in cheek, Air Vistara has taken a jibe at national carrier Air India today announcing that it will cease to serve chicken to its passengers in the economy class as a cost saving measure.
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Petrol pump dealers defer protest against daily price revision
PTI | July 10, 2017 8:31 PMPetrol pump dealers have deferred till month-end their planned ‘no-purchase, no-sale’ agitation against daily revision in fuel prices on expectations that oil companies will raise their sales commission.
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Air India hopes to save up to Rs 10 crores by serving veg meals
IANS | July 10, 2017 8:01 PMNational passenger carrier Air India hopes to save up to Rs 10 crore per annum by not serving non-vegetarian meals on all its domestic economy class flights.
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Government may impose countervailing duty on certain steel products
PTI | July 10, 2017 8:00 PMThe government may impose countervailing duty of 18.95 per cent on imports of certain kind of flat steel products from China to guard domestic players from cheap imports.
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Tata Cyrus row: High Court refuses to hear minority shareholders’ suit
PTI | July 10, 2017 7:52 PMIn a reprieve for the Tata group, the Bombay High Court today overturned its order and ruled it cannot hear a suit filed by minority shareholders of the group seeking Rs 41,000 crore in damages as a representative suit on behalf of all non-promoter shareholders.
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Microsoft to offer local version of Azure cloud service
Reuters | July 10, 2017 7:37 PMAzure Stack could serve companies in highly regulated industries or in parts of the world where using the cloud is not yet feasible.
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Emulate NITI Aayog to promote competition among districts, states urged
IANS | July 10, 2017 7:31 PMCommending the NITI Aayog’s initiative of promoting competition among states, Cabinet Secretary P.K. Sinha said on Monday that a similar strategy could be used by states to promote competition between different districts.
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What is Aaykar Setu, new android app to help you pay taxes on mobile: Here’s how to download
FE Online | July 11, 2017 11:47 AMFinance Minister Arun Jaitley on Monday launched a new desktop service and a corresponding Android-based application ‘Aaykar Setu’ that will allow entities track TDS, pay taxes and apply for PAN.
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Data breach real threat; customer privacy priority: Bharti Airtel Gopal Vittal
PTI | July 10, 2017 7:28 PMIt was reported that telecom operator Reliance Jio’s database was breached.
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Amazon Prime Day Sale: From Redmi 4, OnePlus 5 to free TVs, here is what e-commerce giant is offering you
FE Online | July 10, 2017 7:23 PMAmazon Prime Day Sale: From smartphones, headphones, gaming consoles to fashion, the ecommerce giant is offering a number of products under the sale.
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GMR secures Rs 1,330cr funding for Goa airport from Axis Bank
PTI | July 10, 2017 7:16 PMThe GMR Group, which has bagged the contract to build a greenfield airport at Mopa in north Goa, today secured funding worth Rs 1,330 crore from Axis Bank for developing the Rs 3,000-crore new international airport in the tourist state.
Horoscope: By Peter Vidal
SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more
