Industry

Moody’s changes rating outlook on Tata Motors from ‘stable’ to ‘negative’; here’s why

Tata Motors' outlook: Moody's Vice President and Senior Credit Officer Kaustubh Chaubal said the agency expected that the weak operating performance of JLR, will likely continue over at least the next

Modi launches APIX technology; what it is, how it will help 2 billion people without bank accounts globally

In a bid to reach two billion people worldwide who are still without bank accounts, Prime Minister Modi launched the APIX (Application Programming Interface Exchange), a banking technology platform in

India’s job outlook drops 3 percent to 92 percent in H2 of FY19: Report

The overall hiring sentiment for the second half of this financial year has declined by 3 per cent to 92 per cent with persisting currency and oil pricing concerns in the country, according to a repor

Windows 10 October Update rollout resumed after a month of bugs

After a delay of more than a month, Microsoft has finally begun rolling out Windows 10 October 2018 Update, after being hit by bugs that caused the company to pull the update offline.

Amazon Fire TV Stick 4K, Alexa Voice Remote, Echo Sub, and Kindle Paperwhite now available in India: Price, features

Amazon on Wednesday announced that its "Fire TV Stick 4K" with Alexa Voice Remote, sub-woofer "Echo Sub" and e-reader "Kindle Paperwhite" have started shipping in India from November 14.

How Facebook aids in promoting alcohol abuse

Alcohol advertisements on social media sites such as Facebook can increase young adults' desire to drink if the ads contain pro-drinking comments from users, according to a research.

Snapchat made more interactive with two new features

Photo-messaging app Snapchat has introduced two new features -- "Friendship Profiles" and "Bitmoji Stories" in an attempt to make the app more interactive and fun.

Google Safety Center with 9-language support now in India

The center has a wide range of tools and resources, right from basic security guidelines to information on important topics like data security, privacy controls and important tips for ensuring a famil

Milk in India largely safe to drink, very few samples were found to be adulterated: FSSAI survey

The findings come after Mohan Singh Ahluwalia, a senior member of the Animal Welfare Board of India, raised concerns that about 70% of milk sold in India is not as per FSSAI standards.

Apple putting people above technology, Steve Jobs would have been proud of it, says co-founder Steve Wozniak

Had Steve Jobs been alive he would have been very proud of Apple and its focus on putting people above technology, Apple co-founder Steve Wozniak has said.

RBI, govt in talks to ease lending norms to boost MSME credit flow

In order to enhance bank lending to MSMEs, the Ministry of Finance and the RBI are in talks to ease certain 'risk-weight' guidelines for lending to MSMEs and align them to globally accepted benchmarks

Facebook blocks more accounts for malicious activities

The Facebook crackdown on accounts engaged in "coordinated inauthentic behaviour" on its platform and on Instagram continues.

Binny Bansal’s journey: 5 things to know about Flipkart co-founder

Binny Bansal’s exit: In a surprise move, Flipkart co-founder Binny Bansal on Tuesday resigned following an investigation into the allegation of "serious personal misconduct”.

Google Doodle inspires kids to explore space on Children’s Day 2018

Google on Wednesday celebrated Children's Day in India with a doodle inspiring children to explore space. This year, the search engine's theme for the day's doodle was "What Inspires You".

Victory for minority shareholders in Apollo Tyres: Kanwars to take a 30% salary cut

Victory for minority shareholders who were upset at the steep hike proposed in their salary at a time when the firm wasn’t doing well

Tatas in active talks to buy out JetAirways

Tata Sons is in active talks to acquire a controlling stake in Jet Airways, four people aware of the talks told Reuters, in what could potentially be a lifeline for the debt-laden carrier.

IL&FS loan moratorium: Banks move NCLAT against stay

Lenders of IL&FS group, which includes ICICI Bank and Bank of Baroda, on Tuesday opposed before the National Company Appellate Tribunal (NCLAT) the 90-day moratorium over the loans taken by the debt-l

Flipkart co-founder Binny Bansal out: Investigation showed lack of transparency in how he handled the situation

In a dramatic turn of events, co-founder of Flipkart Binny Bansal chose to step down from his position as CEO of the e-retailer, US retail giant Walmart said in a regulatory filing on Tuesday.

Mundra power tariff revision a boost to Tata, Adani outlook

The Supreme Court allowing the Central Electricity Regulatory Commission (CERC) to revise power tariffs for imported-coal based power plants in Mundra is seen to improve the outlook on Tata Power and

Loss in disposal of Indian arm takes Vodafone loss to €7.8 billion in H12018

British telecom major Vodafone on Tuesday posted a loss of €7.8 billion for the first half of 2018 owing to a loss of €3.4 billion on the disposal of its Indian arm and impairment charges related

Tata Steel Q2 net rises three fold to Rs 3,116 crore

Tata Steel on Tuesday beat analyst estimates on all fronts as it reported a threefold rise in the consolidated net profit on a year-on-year basis to Rs 3,116 crore for the July-September 2018 period.

Essar Steel case: Operational creditors move NCLT against ArcelorMittal

Around 29 operational creditors to Essar Steel have moved the Ahmedabad bench of the National Company Law Tribunal (NCLT) against the resolution plan submitted by ArcelorMittal and passed by the commi

Ashok Leyland MD-CEO Vinod K Dasari resigns, to stay on till March 2019

Ashok Leyland managing director (MD) and CEO Vinod K Dasari resigned from his post on Tuesday.

KKR looking to up its NBFC play, not in a hurry yet: CEO Nayar

Given that non-banking financial company (NBFC) valuations have taken a hit, KKR is looking at upping its play in the sector, although the private equity firm is not in a hurry yet, KKR India CEO Sanj

RInfra wins Rs 16 crore vs NHAI; total awards at Rs 6,300 crore

Reliance Infrastructure (RInfra) on Tuesday said it has won an arbitration award of Rs 16.14 crore against the National Highways Authority of India (NHAI), bringing the total amount it has won in ar

Jet Airways terms deal with Tatas as ‘speculative’

Terming reports of discussion with Tatas for acquiring Jet Airways speculative, the Jet management, in an earnings call on Tuesday, said the airline is in talks with multiple entities for offloading p

Aster DM Healthcare scouting for acquisitions in North India

Aster DM Healthcare, promoted by Gulf-based NRIs, is scouting for healthcare partners in North India, that match its own asset light business plans. Across India, UAE, Oman, Saudi Arabia, Qatar, Kuwai

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