Industry

Jio beats Airtel, tops 4G download speed chart

Reliance Jio continues to top the 4G download speed by achieving a rate of 18.7 megabit per second (mbps) in December, although the speed was down compared to November when it had recorded a rate of 2

vodafone, airtel, jio News

Moody’s lowers Ireda rating outlook on rising ‘problem assets’

Deteriorating financial performance due to an increase in “problem assets” has driven Moody’s to downgrade outlook for Indian Renewable Energy Development Agency (Ireda).

ireda, moody News

Natural Ice Creams looks to add another 125 stores in next five years

A proponent of slow but steady growth, Natural Ice Creams is, on the back of its rebranding efforts, in expansion mode.

icre cream, natural ice cream News

Tata Motors stares at flat commercial vehicles sales growth

After two consecutive months of decline in sales volume, automobile company Tata Motors expects the growth in commercial vehicle (CV) sales to remain flat on a year-on-year (y-o-y) basis during the Ja

tata motors, tata News

Hindustan Copper bets big on unused accumulated copper ore tailing

Hindustan Copper (HCL) is eyeing a pot of gold from the unused accumulated copper ore tailing (COT) at its Malanjkhand mine in Madhya Pradesh. So far, due to the lack of a facility to process tailing

hindustan copper, hcl News

Lanco Infratech Liquidation: Bankrupt EPC firms under IBC feel heat

Already heavily indebted to lenders during bankruptcy, such firms are left with almost nothing under insolvency process.

ibc, nclt News

Syndicate Bank eyes 10% rise in advances under Mudra scheme

Despite the Reserve Bank of India’s (RBI) concern over the NPAs under the Modi government’s flagship scheme to support micro enterprises in India — Pradhan Mantri Mudra Yojana — public sector

Syndicate Bank , banking sector, banking industry News

Analyst Corner: Retain ‘hold’ on Jet Airways, maintain target price at Rs 235

Press reports indicate that Jet Airways’ lenders have proposed a restructuring plan involving a fresh infusion of Rs 1,500 crore by Etihad, Rs 400 crore by Naresh Goyal and conversion of Rs 600 cror

jet airways, aviation sector, aviation industry News

Analyst Corner: Lower L&T estimates by 3-4%

Orders from states/PSUs should continue based on past history of capex spending by states (fiscal targets a limited constraint) and reasonable leverage/capex plans of PSUs.

l&t, psu News

Life insurers’ APE surges 14% in December; LIC lags private peers

The life insurance industry posted a 14% growth in its annualised premium equivalent (APE) at Rs 7,804.1 crore in December compared to the year-ago period.

loc, ape News

BajajAllianz General Insurance launches M-Care against vector borne diseases

Bajaj Allianz General Insurance has launched M Care, a health insurance product that offers protection against seven common mosquito borne diseases namely dengue, malaria, chikungunya, kala azar, Japa

bajaj, vector disease News

Vegetable oil imports up 11% in December

Vegetable oil imports in December 2018 rose by 11% to 12,11,164 tonne as compared to 10,88,783 tonne in December 2017, consisting 11,45,794 tonne of edible oils and 65,370 tonne of non-edible oils, ac

oil, vegetable, oil News

Read fine print in home loan contract for hidden charges

If you have availed loan on a floating rate basis, with the change in MCLR/ erstwhile bank PLR, interest rate should be reset automatically.

home loan, real estate sector, real estate industry News

Chennai To host SaaS BooMi, Asia’s largest SaaS conference

SaaSBooMi will feature product showcases, workshops on go-to market strategy and investor-readiness sessions.

chennai, asia News

Industrial IoT, the next stage in manufacturing and engineering services, makes factories smarter

This facet of technology is expected to be the next evolutionary stage in manufacturing and engineering services.

technology, iot, technical industry News

Fortis Healthcare completes acquisition of Singapore-listed RHT assets

Fortis Healthcare Tuesday said it has completed the acquisition of RHT Health Trust (RHT) assets.

foris, fortis healthcare, rhs, singapore News

Walmart opts to leave CVS partnerships over pricing dispute

Walmart spokeswoman Marilee McInnis said the retailer was continuing discussions with CVS Caremark.

Industry News

iPhone XR could see discounts, new streaming service to be Apple’s ‘linchpin’, says analyst

With Apple grappling to make a larger dent in the smartphone industry, it is believed to branch out to other means such as its alleged streaming service

Industry News

New H1-B visa rule favouring advanced degree holders to hit IT companies

An entity is defined as H-1B dependent if more than 15 per cent of its employees are on an H-1B visa.

H1B visa, US, IT companies, Indian IT services sector, H1B advance degree, H1B dependent News

Defer implementation of revised FDI norms for e-commerce: IAMAI to government

Further, the association welcomed the guidelines stating that it makes the marketplace model more robust and transparent.

Industry News

Syndicate Bank creates vertical to recover Rs 27,000 crore NPAs

Among these 1,200 staffers, around 100 have been given the task to deal only with NPAs of over Rs 5 crore," Khurana told reporters here.

Banking & Finance News

Netflix announces biggest price hike to its subscription plans: Here’s the new price list

The price hikes will be applied to all existing members over the next few months and to all new members immediately, Netflix said in a statement.

Netflix, netflix subscription price, Netflix UHD 4K price News

Microsoft partners Walgreens to fend off Amazon in pharmacy business

Walgreens' deal with Microsoft will start with a pilot of digital health corners in as many as 12 stores this year

Industry News

Here’s why startup investors are backing off from seed and angel deals

2018 rolled out to be a tough year for angel or seed round of capital with just 484 deals taking place in the entire year compared to 1,030 in 2016 and around 760 deals in 2017, as per data intelligen

Industry News

Facebook to invest $300 million in local news as criticism mounts

Campbell Brown, Facebook's head of global news partnerships, acknowledges the company "can't uninvent the internet," but says it wants to work with publishers to help them succeed on and off the socia

Facebook, Facebook to invest in local news, Google, Local Media Consortium, latest news on facebook News

Nokia to shed 350 jobs in Finland as part of cost cuts

Nokia announced its latest cost cutting plan in October, without spelling out the impact on jobs.

Nokia, Nokia to shed 350 jobs, huawei, network industry, 5G business, ericsson News

OnePlus 7, OnePlus 6T 5G leaked: Here’s your first look at OnePlus’s upcoming smartphones

OnePlus' 5G device, presumably known as OnePlus 6T 5G, is expected to be launched in certain European markets in 2019.

Industry News
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