Industry

Seven things to do before rocking the OnePlus Music Festival

November 16 is not too far away. The day which will witness perhaps the biggest musical extravaganza seen in India. That is the day on which the OnePlus Music Festival will rock Mumbai in particular a

Seven things to do before rocking the OnePlus Music Festival News

Godrej Properties’ sales bookings up 44% to Rs 2,343 cr in April-September FY20

Out of the total sales bookings, Rs 2,329 crore pertained to housing segment and the remaining Rs 14 crore to commercial space.

Industry News

Biscuits getting more expensive: Britannia falls back on premium items to make money amid slowdown

Leading biscuit makers Britannia said that the company launched several premium products at a time when people were not willing to buy five-rupee biscuits.

Industry News

Google signs healthcare data and cloud computing deal with Ascension

Ascension said it aims to use AI to help improve clinical effectiveness as well as patient safety.

Industry News

Boeing says 737 MAX expected to resume flying in January

Boeing has notably changed the aircraft's Maneuvering Characteristics Augmentation System (MCAS), an anti-stall mechanism that pilots in both fatal crashes had struggled to control as the jets careere

Industry News

Alibaba’s Singles’ Day sales hit record $38 billion; growth slows

Alibaba turned China's informal Singles' Day into a shopping event in 2009 and built it into the world's biggest online sales fest, dwarfing Cyber Monday in the United States which took in $7.9 billio

Industry News

Elgi Equipments to focus more on global markets, eyes No 2 slot

Air compressor manufacturer Elgi Equipments has decided to cut its dependence on the Indian market and focus more on five global markets including the US, Europe, Thailand, Australia and Indonesia.

Industry News

Hindalco Industries Q2 net declines 33% to Rs 974 crore

The company's quarterly EBITDA (earnings before interest, tax, depreciation and amortisation) on a consolidated level at Rs. 3,918 crore, fell by 8% versus Q2FY19.

Industry News

PSUs may be barred from bidding for BPCL stake

State-owned entities may be barred from bidding for the Centre’s stake in oil-refiner-marketer Bharat Petroleum Corporation (BPCL).

Industry News

Hotstar’s loss rises in FY19, Netflix reports small profit

Netflix has launched a cheaper mobile-only plan. The firm has been building on its India library while also ramping up its slate of originals.

Industry News

Changes in regulation required for success fof Rs 25k-crore real estate funding

Sources with knowledge of the developments said that the fund created as an Alternate Investment Fund (AIF) will have a superior charge on both securities and the cash flows in a project in which it i

Industry News

Byju’s planning to launch a wide range of products in US

Byju’s, which saw its valuation shoot up to over $5 billion after a fresh funding round led by Qatar Investment Authority in July, has its eyes set on the US, where it plans to launch a wide range o

Industry News

Licence fee dues: DoT likely to start sending notices this week

The Department of Telecommunications (DoT) is likely to start sending notices to companies later this week regarding the licence fee dues owed by them to the government.

Industry News

Mobikwik gross revenue more than doubles to Rs 105.9 crore in Sept quarter

Gross revenue from the payment gateway stood at Rs. 51.9 crore in Q2FY20, compared with Rs. 28.7 crore in the previous year.

Industry News

Smartphone shipments in July-September: Mid-range segments shine as Chinese brands dominate market

The average selling price (ASP) for the overall smartphone market was $159 (around Rs. 11,000), with 2.7% year-on-year growth in Q3 2019.

Industry News

Gartner expects 6.6% y-o-y rise in Indian IT spending in 2020

IT spending in India will total $94 billion in 2020, up from $88.5 billion in 2019, an increase of 6.6%, according to the latest forecast by Gartner.

Industry News

NBFCs to get Rs 20,000 crore under credit guarantee scheme

The government is in the process of sanctioning Rs. 20,000 crore under the partial credit guarantee scheme for non-banking financial companies (NBFCs), finance secretary Rajiv Kumar said on Monday.

Banking & Finance News

DHFL lenders file intervention plea in Bombay high court

The HC had on October 10 restrained crisis-ridden DHFL from making payments to any of its secured/unsecured creditors, including the payments to any fixed deposit holders.

Industry News

Sundaram Finance Q2 net at Rs 269 crore

Chennai-headquartered NBFC Sundaram Finance has registered a net profit of Rs. 269 crore in Q2FY20 compared to Rs. 154 crore a year ago.

Industry News

Insurers’ new life premiums grow, individual single ones fall in October

Even as the life insurance industry witnessed more than 11% growth in new business premiums in October, individual single premium category fell approximately 39%, showed data from Irdai.

Industry News

Govt formulating policy on credit ratings for MSMEs: Nitin Gadkari

The minister said that the government is using technology and innovations to boost agricultural and tribal sectors through new technologies and innovations.

Nitin Gadkari, MSME News

Twitter drafts rules to curb manipulated media in tweets, seeks public views

Twitter said its feedback window will close on November 27, after which it will review inputs and begin the process of incorporating the policy into its rules as well as train enforcement teams on han

Twitter, rule, manipulated media, tweets, public view, industry news, tech news

Oppo to launch ColorOS 7 in India on November 26

Realme is also holding an event on November 20 in New Delhi, India to launch the Realme X2 Pro

Industry News

How to identify micro, small units from medium businesses: Real small enterprises suggest this to govt

Ease of Doing Business for MSMEs: Laghu Udyog Bharti -- the national body for micro and small businesses in a note issued to the MSME ministry on November 6, 2019, suggested increasing the threshold l

Industry News

Realme emerges as top performer in India’s smartphone market in Q3 2019

According to the IDC report, its affordable Realme C2 model and the newly launched Realme 5 and Realme 3i series witnessed "heavy shipments", which in turn took the vendor’s online share from 16.5 p

Realme, top performer, India, smartphone market, Q3, 2019, Xiaomi,samsung, vivo, Redmi 7A, Redmi Note 7 Pro , Realme C2,  Realme 5, Realme 3i, vivo Y series, vivo Y12, vivo Y91/i, OnePlus 7, Redmi K20 Pro, Vivo V15 Pro, Galaxy A50, Redmi Note 7 Pro, Vivo Z1 Pro  News

India’s defence in hands of startups, MSMEs: Govt to tap new ideas for self reliance

India, which was the second-largest importer of arms between 2014 and 2018, is likely to spend around $220 billion in the coming decade to modernise its forces.

Rajnath Singh, Rajnath Singh flies Tejas, Defence Minister, light combat aircraft , HAL, Light Combat Aircraft, MiG-21 Bison aircraft, DRDO News

WhatsApp feature update: Here’s what the dark mode wallpaper will look like

WhatsApp is expected to begin releasing the dark mode soon

Industry News
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