Industry News

Epicuriosity: Celebrating chefs
Advaita Kala | May 17, 2015 12:51 AM
Till some time back, chefs were not given the same respect that’s usually granted to torch-bearers of other art forms. But things are changing now, with cooking as a profession finding greater acceptance and attention
Even robots now have their own virtual world
2015 New York Times News Service | May 17, 2015 12:46 AM
Highly realistic simulated worlds are proving vital to robotics researchers, making it possible to try
out robot hardware or software without having to power up the real thing
PM Narendra Modi inaugurates ICICI Bank’s first branch in China’s Shanghai
PTI | May 16, 2015 4:06 PM
Prime Minister Narendra Modi inaugurated ICICI Bank’s first branch in China’s Shanghai city.
Facebook tramples on European privacy laws: Belgian watchdog
Reuters | May 16, 2015 3:21 PM
A Facebook spokeswoman questioned the Belgians’ authority but said it would review the study’s recommendations…
Google’s self-driving cars to hit roads, with steering wheels
Reuters | May 16, 2015 2:10 PM
Google Inc will begin testing self-driving cars of Google’s own design on public roads this summer.
Bharti Airtel clinches $2.5 bn Chinese financing deals
PTI | May 16, 2015 1:09 PM
‘China Development Bank has committed financing of up to USD 2 billion with an average maturity of about nine years,’ Airtel said.
Govt gives Uber, Ola Cabs and TaxiForSure rules for growth
Sharmistha Mukherjee | May 16, 2015 11:54 AM
The ministry has made this observation in response to a query seeking its views on ban on app-based taxi services such as Uber, Ola Cabs and TaxiForSure.
Microsoft launches Lumia 430 series dual SIM card smartphone; Priced at Rs 5,200
PTI | May 16, 2015 9:53 AM
Microsoft launched its Lumia 430 dual SIM card smartphone handset working on the Windows 8.1 operating system.
I don’t like money, like the idea of creating money: Rahul Yadav of Housing.com
May 16, 2015 12:00 PM
Housing.com CEO Rahul Yadav claims to have made a dent in the Indian market already where he was a late entrant, coming in almost 7-8 years after rivals like Magicbricks.com and 99acres.com.
Black Money: Switzerland may change laws, start sharing banking information
ENS Economic Bureau | May 16, 2015 12:04 PM
Black Money: “We will have a black money discussion (with finance minister Arun Jaitley) to solve and clarify (the issue),” said Swiss economic affairs minister.
Five PSU banks declare GTL an NPA, company says not aware
Pallavi Ail and Pranav Nambiar | May 16, 2015 5:59 AM
Among the 17 lenders to the company are Bank of Baroda, Bank of India, Union Bank and United Bank of India, while the consortium leader is IDBI Bank.
SC bars Glenmark from selling copy of Merck’s diabetes drug
Indu Bhan | May 16, 2015 2:14 PM
Allows sale of existing stocks, asks trial judge to speed up verdict
Housing.com CEO Rahul Yadav dares Deepinder Goyal of Zomato, Bhavish Aggarwal of Ola to do a Yadav
FE Bureau | May 16, 2015 3:20 PM
Housing.com CEO Rahul Yadav has challenged two other Zomato and Ola founders to give away half their stake to employees.
Deal tracker
FE Bureau | May 16, 2015 5:45 AM
According to Grant Thornton, April 2015 witnessed 147 deals worth $ 3.1 billion, which was 47% higher in terms of volume and 57% lower in terms of value compared to the same period in 2014.
Air India to invite CPL holders for Airbus as type-rated pilots flunk psychometric test
Rhik Kundu | May 24, 2015 10:14 AM
Air India is now looking for holders of a commercial pilot licence, not specialising in a particular aircraft type, to fill the vacancies, a senior Air India official has told FE.
Gammon India net loss narrows to Rs 73.53 crore
FE Bureau | May 16, 2015 3:33 AM
Gammon India narrowed its standalone net loss to Rs 73.53 crore in the quarter ended March 31, 2015 from Rs 173.59 crore in the same period last year due to a sharp decline in expenses.
Employee files class action suit against Wipro over non-payment of overtime
FE Bureau | May 16, 2015 3:31 AM
The complainant, Suri Payala, says he wasn’t paid for overtime and commuting to the job site despite a salary of less than $7,000/month
Honda recalls over 11,000 units of Accord, CR-V for faulty airbag
FE Bureau | May 17, 2015 4:19 AM
On Thursday, parent Honda Motor recalled 4.89 million vehicles worldwide due to potentially faulty airbags made by Takata Corporation, joining Japanese rivals Nissan Motor and Toyota.
Mercedes-Benz now clearly ahead in sports car segment
FE Bureau | May 16, 2015 3:26 AM
Mercedes-Benz India has continued its strong performance in the second quarter, with the company posting 49.1% sales growth during April 2015.
Hyper-competitive utility vehicle market cramps Ashok Leyland’s Stile
FE Bureau | May 16, 2015 3:23 AM
Another MPV from the Nissan-ALL venture, the Evalia, will meet the same fate since the company sold a mere 466 units in FY15
Editorial: Scrap the USO fund
The Financial Express | May 16, 2015 3:17 AM
But first get back the money diverted from it
March-ing on: Foreign investors fashioned bull run
FE Bureau | May 16, 2015 5:41 AM
FPIs bought equities worth Rs 37,000 crore in the quarter ended March 2015. The bulk of those inflows was in sectors like metals & mining, technology and pharmaceutical stocks, in a shift from past trend
MINI Cooper D 5-door car review: More Mini for your money
Vikram Chaudhary | May 16, 2015 1:35 AM
MINI Cooper D 5-door: The new MINI blends quintessential looks & handling with easy access & extra space, without giving up on the classic MINI excitement
Technology on the move
Gaurav Vangaal | May 16, 2015 12:10 PM
Car technologies which are mainstream overseas but are expected to rapidly get democratised in India
The compact SUV is the segment to watch out for: Kaustav Roy, JD Power Asia Pacific
Vikram Chaudhary | May 16, 2015 12:35 PM
Indian companies such as Hero MotoCorp, Bajaj Auto and TVS Motor can make a match of global players in international markets.
Microsoft Lumia 540: Top 7 things you need to know
Tech Desk | May 29, 2017 5:43 PM
Microsoft has introduced its Lumia 540 Dual SIM budget Windows Phone 8.1 smartphone at a price of Rs 10,199.
Flipkart teases the 3rd gen of Motorola Moto G smartphone
Tech Desk | May 17, 2015 4:25 AM
Although Flipkart had not revealed much about Motorola Moto G (3rd generation), speculations are that the third generation phone will have a more powerful upgrade than its second generation models.

Budget 2018

Horoscope: By Peter Vidal

Today ( 19 Apr )This Week ( 15 Apr - 21 Apr )

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

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