Industry

WhatsApp could soon allow users to preview voice messages on iPhones

Currently, both on iPhones and Android devices, one needs to open the app and go to the chat to hear voice messages.

Industry News

Grey sales of high-end phones causing revenue loss of Rs 2,500 crore: ICEA

The ICEA said that recent budget was focussed on promoting electronics manufacturing in the country with a provision to write off capital expenditure for under section of 35 AD of Income Tax act.

Grey sale, high end phone, revenue loss, ICEA, industry news, BCD, basic customs duty, industry news

USFDA found different dietary, medicinal claims on Patanjali’s sharbat bottles

Nitin Jain, Deputy General Manager - Exports, Patanjali Ayurved Limited, has been responsible for the firm's export business to the USA.

Patanjali, Patanjali sharbat bottles, USFDA, Patanjali Gulab Sharbat,  Patanjali Group News

Nasscom handholds SMEs enter US market; partners with trade body to offer regulatory, legal support

IT-BPM industry’s trade association Nasscom is helping its SME members looking to launch in the US, establish and cater to that market through its first edition of an SME programme.

Industry News

IFCI aims to mobilise up to Rs 2,000 crore from sale of non-core assets this fiscal

"We have strategic investment in NSE and Clearing Corporation of India (CCIL) which will give good money for business growth. We will also try to monetise our stake in some of our subsidiaries based o

IFCI, NSE, CCIL, SEBI, Real estate, SHCIL, NSE stake sale, IFCI capital News

Kumar Mangalam Birla’s remuneration from UltraTech fell 18.8 per cent to Rs 15.53 crore in FY19

Notwithstanding this decline, Birla's salary was 202.9 times higher than the median remuneration paid to UltraTech employees in FY 2018-19, according to the company's latest annual report.

Kumar Mangalam Birla, Kumar Mangalam Birla remuneration, UltraTech, Kumar Mangalam Birla salary, UltraTech employees, UltraTech net turnover News

To take on Netflix, Zee5 plans to launch mobile-only tariff plans

We are also planning to test mobile only pack for consumers who want to watch content on-the-go at cheap prices and with limited ads with an option to choose the ad one wants to watch in exchange of a

Netflix, Zee5, Zee5 pack, Zee5 mobile tariff, Zee5 package, Zee5 scheme, Zee5 subscription, Reliance Jio, airtel, Vodafone Idea, Amazon Fire Stick News

SME credit lending grows at 15.6% YoY; Gujarat top state for MSME lending

While micro-enterprises saw credit growth at 19.8 per cent YoY to Rs 4.8 lakh crores, growth in credit for SMEs was at 15.6 per cent YoY to Rs 11.1 lakh crores.

The committee also recommended introduction of voluntary certification of MSMEs that comply with prescribed internal governance standards. (Representational image) News

Reliance says its main gas fields in KG-D6 block in late life stage

The fields produced an average of 1.76 million standard cubic metres per day of gas during April-June, the firm said.

Reliance Industries, Reliance KG-D6 block, Bay of Bengal, Krishna Godavari basin, Niko Resources of Canada News

IL&FS case: Sebi expands probe into role of 5 credit rating agencies

The special audit conducted by Grant Thornton found that its review of emails exchanged by the former key executives of Infrastructure Leasing and Financial Services (IL&FS) group and the top official

IL&FS case, Sebi, IL&FS group, ICRA, CARE Ratings, ITNL News

Donald Trump is the face of ‘racism and exclusion’, says Siemens CEO Joe Kaeser

“I lived in the USA for many years and experienced freedom, tolerance and openness as never before,” said Kaeser, whose past jobs include a stint at a Siemens unit in San Jose, California.

Donald Trump, Siemens CEO, Ruprecht Polenz, California, racism, Angela Merkel News

High in spirits: Indian-made liquors have potential to cater to global markets

Indian-made liquors have the potential to cater to global markets and engage in a bigger international platform but the industry faces a number of challenges, including high taxes, illogical levies on

Industry News

Indigo to seek shareholders’ nod for board expansion

The expansion of the board to include more independent directors was one of the contentious issues between the co-promoters

Industry News

Marketing monies dry up for Pro Kabaddi League season 7

Therefore, a very unique set of brands keen on tapping a mass and male audience pool prefers to ride on it.

Industry News

Aditya Birla Idea Payments Bank to shut operations

In February 2018, Aditya Birla Idea Payments Bank became the fourth such entity to begin operations since the issuance of licences to 11 firms by the RBI in August 2015.

aditya birla group, digital payment News

Jet Airways RP invites expressions of interest by August 3

The airline's assets include 14 aircraft including 10 Boeing planes -- down from 124 before the grounding -- and 49 per cent stake in Jet Privilege and a few buildings.

Jet Airways, Jet Airways RP, expressions of interest, resolution professional, Jet Airways' lenders, industry news

India Ratings defends rating process; says Fitch Singapore executive no longer employed

The ratings are also the collective work product of the agency and no individual, or group of individuals, is solely responsible for a rating, the spokesperson said.

India Ratings, Fitch Singapore, IL&FS controversy, IL&FS group, credit rating agencies, industry news

Cellphones a flight risk? Could be on some Boeing jets

Boeing Co. found the interference in a laboratory test in 2012 and hasn’t seen similar issues on other aircraft, a company spokesman said.

flight risk, cellphone, cellphone on flights, Boeing jets, safety issue, flight safety issue, industry news

IL&FS probe: Audit flags ‘favours, pressure and threats’ among tactics used for good ratings

Grant Thornton was also asked to review the ratings provided by various credit rating agencies (CRAs) to major companies of the IL&FS group -- IL&FS Transportation Networks Ltd (ITNL), IL&FS Financial

IL&FS, IL&FS probe, forensic audit, credit ratings, financial situation, Grant Thornton, industry news

Mukesh Ambani’s Reliance Retail achieves milestone of 10 crore customers; key things to know

While the FMCG industry is reeling under a consumption slowdown, billionaire Mukesh Ambani-led Reliance Retail continues to maintain its strong growth momentum in the April-June quarter.

Reliance Industries resumes lobbying in US News

Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a row

Mukesh Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs 24 crore per annum.

Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. (Reuters File photo) News

Aditya Birla Payments Bank shuts down in less than 18 months since its start; what customers should do now

In less than 18 months after its commencement, Aditya Birla Payments Bank announced that it will shut down operations. We take a look at what cusomters should do now.

SBI Alerts, how to register for SBI SMS Alerts, SBI SMS Alerts, Cheque Stop, Cheque dishonor, SBI account News

Jet Airways: Insolvency administrator invites resolution

Last month the National Company Law Tribunal agreed to hear an insolvency case and once Jet Airways is declared bankrupt the chances of any meaningful recovery by the banks diminish.

The carrier, once the nation’s biggest by market value, hasn’t flown since April after running out of cash. (File photo) News

Google settles job seekers’ age-bias claims for $11 million

Lawyers for the company and attorneys representing the over-40 job seekers who sued submitted a final settlement proposal Friday to a federal judge in San Jose, California.

The settlement also calls for the Alphabet Inc. unit to train employees and managers about age bias, to create a committee focused on age diversity in recruiting and to ensure that complaints are adequately investigated. News

Consumer business drives Reliance Industries Q1 show, net up 6.8 %

Revenues for the June quarter of FY20 increased 22.1% to Rs 172,956 crore, which were led by sharp increase in revenue from digital services and retail businesses.

Industry News

Tower assets: RIL closes Rs 25,215 crore deal with Brookfield

The telecom business is now an engine of growth for RIL and is now the second largest telecom services provider with over 331 million subscribers.

Industry News

Fight another day: IndiGo board meets, skirts key issues

During a conference call to discuss the June quarter financial results, Dutta said the board meeting would continue on Saturday.

Industry News
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