Topics: Business

Infinix Mobile is expecting the growth of 50 to 60 percent from smartphone sales

Mobile device maker Infinix expects around 50-60 percent growth in its smartphone sales this year with its focus on customers in the economy segment,...

Crude oil futures gains 0.65 percent on a global trend

Crude oil futures rose by Rs 30 to Rs 4,623 per barrel on Tuesday as speculators created fresh positions, tracking a firm trend at...

Huawei reports 39% growth of $27 billion in Q1, despite US pressure on the world and its allies

Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm's first-ever quarterly...

ITC moves National Company Law Tribunal court against Hotel Leela Venture

One of India's biggest FMCG company ITC has filed a case against Hotel Leelaventure at National Company Law Tribunal. In a regulatory filing at the...

Nasim Zaidi resigns from Jet Airways board

Jet Airways, an Indian airline company which has grounded for more than a month has announced that "One of its non-executive and non-independent director...
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Apple to face legal action over violating the security exchange act

A lawsuit filed in the US has alleged that Apple violated the country's Securities Exchange Act by hiding a slowdown in demand for iPhones,...

Ashish Sinha: India’s growth trajectory holds tremendous potential for global stakeholders

India's growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure, and technology collaboration with the country, a UN forum here has...

Dr Sheth’s secures Rs 4 crore in series seed round funding from Mumbai Angels and others

A Mumbai-based celebrity dermatologist-backed luxury skincare startup Dr. Sheth's has secured Rs 4 crores in a series seed round funding from Mumbai Angels and...

Wall Street signs positive earning growth

US stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings,...

Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...
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IBM is using AI to create chatbots more emphatic

Chatbots may have become ubiquitous in recent times, assisting businesses in everything from bill payments to customer services, but these automated algorithms still struggle...

SoftBank is picking its battles with US national security board

SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make...

Jet Airways pilots body urges State Bank of India to release fund of Rs 1,500 crore

Jet Airways pilots body, the National Aviator's Guild, on Monday appealed the State Bank of India (SBI) to release Rs 1,500 crore, which was...

Foxconn chairman Terry Gou to step down in coming months

The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, said on Monday he plans to step down in the coming months as he wants...

IMF’s bailout package for Pakistan to be delayed: Reports

The IMF's bailout package to Pakistan could be delayed as both sides are still engaged in an intense conversation to finalise the agreement and...
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Volkswagen expects global sales to be in line for its core brands in 2019

Volkswagen expects global sales of its core brand this year to be in line with the 6.24 million level that it achieved in 2018...

Mike Pompeo defends sanctions, says the US won’t quit fight in Venezuela

US Secretary of State Mike Pompeo on Friday defended sanctions on Venezuela and said the United States would not "quit the fight" in the...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sought to register FIRs against airlines' founder Naresh Goyal, chief executive...

Shaktikant Das: Monetary economics in emerging markets needs a rethink

Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta...

Crude oil futures up by 0.93 percent on positive overseas market signs

Crude oil prices rose by Rs 41 to Rs 4,430 per barrel in futures market Friday as speculators created fresh positions, taking positive cues...
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Thermax acquires all stakes of JV partners in Thermax SPX Energy Technologies

An India-based engineering company Thermax has announced that the company has acquired the complete stake of its joint venture partners in Thermax SPX Energy...

Tokyo court extends Carlos Ghosn’s detention

A Japanese court on Friday ruled that Carlos Ghosn will remain in detention until April 22, as prosecutors grill the former Nissan boss over...

China’s economic growth in 2019 is expected to slow by 6.2% despite policy support

China's economic growth is expected to slow to a near 30-year low of 6.2 percent this year, a Reuters poll showed on April 12,...

Crude oil falls 0.87 percent amid weakens in overseas trend

Crude oil prices plunged 0.87 percent to Rs 4,435 per barrel on April 11 as speculators reduced bets amid a weakening trend overseas. On...

Amazon Web Services and Microsoft to compete for Pentagon’s 10 billion dollar’s cloud computing services contract

The U.S. Department of Defense on Wednesday said that "As a part of $10 billion worth of cloud computing services as a part of...
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Volkswagen AG to acquire a big stake in Chinese EV partner JAC Motors

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as...

Twitter CEO Jack Dorsey’s salary is lesser than Starbucks ‘Freshly Brewed Coffee’ price

Twitter Inc said on April 7 it paid its Chief Executive Officer Jack Dorsey $1.40 in 2018. Dorsey had declined all direct compensation and benefits...

To recover Rs 423 crore, SBI invites Express of Interest to sell two dud accounts

SBI has invited expression of interest from asset reconstruction companies and financial institutions to sell two non-performing accounts to recover dues of over Rs...

Coca-Cola to launch ‘Powerade’ sports drink in India ahead of ICC World Cup

Ahead of ICC World Cup 2019, the U.S. soft drink maker giant Coca-Cola is planning to introduce its new sports drink called 'Powerade' in...

World Bank: India’s economic growth driven by domestic demands, need to focus more on exports

India's economic growth in recent years has been "too much" driven by domestic demand and its exports were about one-third of its potential, a...
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