Industry
Going beyond discovery: Magicpin strikes a balance between demand and supply
Magicpin’s platform lights up the dark offline retail space with data backed discovery and marketing
VIVO S1: Smart choice for youngsters
Overall, the S1 is an attractive, mid-range Android phone that is targeted at younger buyers who value a good display, powerful camera and a long-lasting battery.
Retail: East Side Story
Realising that sourcing within India helps cut costs, Uniqlo established an office in Bengaluru in 2016 to identify and work with partner factories in India. The company currently procures cotton fibr
In The News: Havas Group acquires digital agency Langoor
Langoor was founded in 2010 and is now present across India, the Middle East and Australia. This is Havas Group’s second digital agency acquisition in India in the year, the first being Think Design
Renault Triber: High on innovation, but will you want one?
If your idea of a car is minimal price per square feet of cabin space (and added flexibility), the Triber is hard to beat. Else, there is a lot to scout for in the market
NirogStreet: Ayurveda gets a tech push
This healthcare startup develops specialised SaaS-based software for Ayurvedic practitioners and clinics and hospitals
Orbo.AI raises $1.6 million in pre-Series A funding round
New capital to be utilised to ramp up Orbo’s research team of AI scientists and specialists in deep learning, computer vision and embedded software development
Hyundai Motor India FY19 profit rises 21.5%
The profits at the wholly owned subsidiary of Korean carmaker Hyundai Motor Company had grown 7.7% y-o-y to Rs 2,124 crore in 2017-18.
Altico COO Sanjeev Agrawal to lead operations
Altico CEO Sanjay Grewal had resigned last week, while chairman Naina Lal Kidwai had put in her papers the week before, following an interest payment default and downgrade of the company's term facili
WeWork’s aborted IPO signals end of ‘glory period’ for large tech startups enjoying frothy valuations
WeWork, which was valued at $74 billion in its last fundraising round from SoftBank, postponed its IPO amid issues related to heavy losses, corporate governance, and eccentric chief executive and foun
SBI likely to soon launch co-lending model with mid to large-sized NBFCs
Now, integration of technology of both the bank and NBFCs is underway," Varma said. He said the co-lending model would help the bank to meet the priority sector lending target.
India Inc expects corporate tax cut to create positive impact on economy, speedier turnaround
R C Bhargava, chairman of Maruti Suzuki, said manufacturing's growth rate or share in GDP is nowhere near the required level.
Top 1,000 listed firms may see tax savings of Rs 37,000 cr post corporate tax cut, says CRISIL
The drop in tax rate would now bring India at par with most Asian economies, it added. "CRISIL Research's analysis of nearly 1,000 companies -- spread across 80+ sectors such that they cover more than
Reliance Capital’s default rating puts $13 billion debt of Anil Ambani group at risk
Reliance Capital Ltd.’s downgrade to default grade at Care Ratings Ltd. places the debt of embattled tycoon Anil Ambani’s conglomerate at risk, reigniting India’s credit scare.
Crisis-ridden BSNL pays August salaries to staff
BSNL's loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19.
Ease of credit access: Allahabad Bank launches retail, MSE loans linked with external benchmark rates
Credit and Finance for MSMEs: Currently, Allahabad bank has identified RBI’s Repo Rate and 3 Month Mumbai Interbank Offer Rate (MIBOR) as the benchmark rates.
Thomas Cook nears collapse as travel giant relying on unlikely govt bailout
It soon began arranging foreign trips, being the first operator to take British travellers on escorted visits to Europe in 1855, to the United States in 1866 and on a round-the-world trips in 1872.
Government moves NCLAT against NCLT orders directing probe into companies’ affairs by SFIO
In a petition moved before the National Company Law Appellate Tribunal (NCLAT), the SFIO submitted that it being a statutory investigative office can direct to investigate into the affairs of the comp
IBC Amendment 2019: Why landmark legislation failed to rescue MSMEs from vicious cycle of indebtedness
Ease of Doing Business for MSMEs: If MSMEs are expected to contribute more actively to the economic upliftment of India, the IBC must introduce yet another amendment to rescue the MSMEs from their vic
WhatsApp feature: How to read messages without letting the sender know
WhatsApp feature update: A lot of users though might not want senders to know that they have read the message. In such a case, the instant messaging allows you to turn off read receipts.
CBI approaches Civil Aviation ministry, DGCA for information on bilateral flying rights with countries
The information sought is in connection with the investigation over alleged irregularities in the signing of bilateral flying rights by the Indian government to West Asian countries in 2008-09.
Corporate tax cut to benefit banking, FMGC but IT, pharma may remain untouched, says report
The immediate benefit is increased cash flows to corporate India that will be either channelised into debt reduction or incremental investments in increasing capacity.
Petronet signs MoU with US firm Tellurian for 5 million tonnes of LNG
Tellurian and Petronet will endeavour to finalise the transaction agreements by March 31, 2020.
Infosys co-founder Kris Gopalakrishnan to lead panel on protection of non-personal data
The move by the government is also an attempt to stop monopolising of data by big US and Chinese firms, as they control a majority of digital platforms across the globe. This is going to have huge imp
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BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
