Business and Economy

There is disconnect b/w consumer, business opinions of gender portrayals in ads: Report

New Delhi, Mar 17 (UNI) Marketers are reinforcing rather than helping to eradicate harmful gender-based stereotypes and there is disconnect between consumer and business opinions of gender portraya...

Now Spotify hits back, calls Apple 'monopolist'

San Francisco, March 17 (IANS) The tug of war between Spotify and Apple has intensified, with the Swedish music streaming service now calling Apple a "monopolist". Taking exception to Spotify's co...

Sensex up by 1,352.89 points on positive global cues

Mumbai, Mar 16 (UNI) The BSE Sensex spurted by 1,352.89 points or 3.69 per cent to settle at 38,024.32, on strong Indian currency and positive global cues in the week ended Friday. The Nifty 50 in...

Zydus receives final approval from USFDA for Valsartan, Hydrochlorothiazide tablets

Mumbai, Mar 16 (UNI) Pharma Major, Zydus Cadila has received the final approval from the USFDA to market Valsartan and Hydrochlorothiazide Tablets USP in the strengths of 80 mg/12.5 mg, 160 mtg/12....

PokerBaazi to donate fair share of money collected during PPL towards education of 14 underprivileged girls

New Delhi, Mar 16 (UNI) PokerBaazi, an online poker platform has announced its association with non-profit NGO Vidya Integrated Development for Youth and Adults (VIDYA). PokerBaazi will donate a sh...

IDBI Bank staff seek option to shift to other PSBs

New Delhi, March 16 (IANS) The employees of IDBI Bank have opposed the bank's categorisation as a private lender and are seeking the option to switch to any other nationalised bank with protection of...

Amazon PVD to pay royalty based on show performance

San Francisco, March 16 (IANS) To reward content according to performance, Amazon is introducing a new payment structure for its self-publishing programme "Prime Video Direct" (PVD) that would go int...

US jury awards Qualcomm $31 mn in Apple case

San Francisco, March 16 (IANS) A US jury has decided that Apple needs to pay chip-maker Qualcomm $31 million for violating three of its patents. According to a report in CNET on Friday, the jury i...

Petrol rates increases for the third day on Saturday; diesel reduces by 7 to 8 p/l

New Delhi, Mar 16: Petrol price on Saturday increased by 7 to 8 paise while diesel rates reduced in the same range. In the National Capital, petrol is being sold for Rs 72.63 per litre as against ...

Apple hits back at Spotify for antitrust complaint

San Francisco, March 15 (IANS) Taking exception to Spotify's complaint with the European Union (EU) alleging that the iOS App Store rules are unfair, Apple has slammed the Swedish music streaming gia...

Two key Facebook, WhatsApp executives quit

San Francisco, March 15 (IANS) Facebook, busy developing more private and encrypted communication across its apps, has lost two of its top executives -- Chief Product Officer Chris Cox and WhatsApp V...

Allahabad Bank to raise Rs 500-600 cr next fiscal

Kolkata, March 15 (IANS) State-run Allahabad Bank is looking to raise around Rs 500-600 crore capital in the next fiscal through dilution in stake of its joint venture insurance company and also by s...

Trump pick only contender for World Bank President

Washington, March 15 (IANS) US Treasury official David Malpass, who is President Donald Trump's pick to become the World Bank's new President, is the only contender in the race as a nomination deadli...

Qualcomm to pay Apple $1bn in rebate: US court

San Francisco, March 15 (IANS) A US court has ruled that Qualcomm owes Apple close to $1 billion in rebate payments. In a preliminary ruling, the judge said that Qualcomm "is obligated to make the...

Sensex hits 38,000, Nifty at 11,400

Mumbai, March 15 (IANS) The BSE Sensex on Friday touched the 38,000 mark for the first time since September, supported by healthy buying in the banking and finance stocks. The Nifty50 on the Natio...

Two killed in fire at ONGC Ahmedabad well

Ahmedabad, March 14 (IANS) A late evening fire at a well of the ONGC Ahmedabad asset on Wednesday claimed the lives of two contractual workers while four others sustained severe burn injuries, offici...

Passengers complain as flight cancellations continue

New Delhi, March 14 (IANS) As airlines continued to cancel more flights on Thursday, passengers took to the social media to vent their ire. On the second straight day, 32 SpiceJet flights were axe...

RInfra to sell its stake in Delhi-Agra Toll Road

New Delhi, March 14 (IANS) Reliance Infrastructure (RInfra) on Thursday said it has signed a "definitive binding agreement" with Singapore-based Cube Highways and Infrastructure for sale of its 100 p...

IT vigil on movement of cash, valuables in Mumbai

Mumbai, March 14 (IANS) With elections approaching, the Income Tax Department has stepped up vigil and intelligence to monitor movement of cash and valuables intended to influence voters, official so...

MCA may order management change in Essar Steel

New Delhi, March 14 (IANS) After more than a year, the long-drawn resolution process of Essar Steel seems to be finally moving towards closure with the Corporate Affairs Ministry ready to order a cha...

Trump desperate for trade deal with China: Ex-aide

Washington, March 14 (IANS) US President Donald Trump is "desperate" to reach a trade deal with China and is being ill-served by protectionist advisers who have left the White House "living in chaos"...

Tihar submits report on Christian Michel's plea

New Delhi, March 14 (IANS) Tihar Jail officials on Thursday submitted a report in a Delhi court stating that alleged AgustaWestland VVIP chopper deal middleman Christian Michel is allowed to walk ins...

Coca-Cola produces 3 mn tonnes of plastic packaging

Washington, March 14 (IANS) Soft-drinks giant Coca-Cola has revealed for the first time that it produces 3 million tonnes of plastic packaging a year, which is equivalent to 200,000 bottles a minute,...

Industrial credit rose to 5.2% in January: Report

Mumbai, March 14 (IANS) Industrial credit in the country rose by 5.2 per cent on a year-on-year (YoY) basis in January 2019, a Centrum Broking report said on Thursday. The growth rate was highest ...

Twitterati call for banning Chinese products in India

New Delhi, March 14 (IANS) With China blocking India's bid to list Jaish-e-Mohammad (JeM) chief Masood Azhar as a global terrorist, the call for banning Chinese products has renewed in India with yog...

TCS to drive Blockchain adoption

New Delhi, March 14 (IANS) Tata Consultancy Services (TCS) on Thursday announced that it is developing solutions to drive Blockchain adoption across industries, using technologies from Microsoft and ...

Goa mining dependents protest, slam government

Panaji, March 14 (IANS) Over 2,000 people who depend on mining in Goa on Thursday staged a protest march near Panaji, accusing the government of not taking up the issue of resuming work at the mines ...

US probing Facebook data deals with tech firms

San Francisco, March 14 (IANS) Facebook is facing criminal investigation in the US for the data deals it had entered into with smartphone makers and other technology giants, The New York Times report...

Spotify files complaint against Apple's App Store rules

San Francisco, March 13 (IANS) Swedish music streaming giant Spotify said it has filed an antitrust complaint against Apple with the European Union (EU) alleging that the tech giant is harming consum...

Thailand to ban Boeing 737 MAX 9 flights

Bangkok, March 13 (IANS) Thai authorities announced on Wednesday that they will close the country's airspace to Boeing 737 MAX 9 planes over security concerns after a deadly air crash in Ethiopia ear...

Sensex beats Brexit woes to end over 261 pts higher

Mumbai, March 13 (IANS) Sensex and Nifty ended higher on Wednesday despite weak global cues from a fresh wave of political scepticism originating from the UK over the defeat of Brexit deal. Howeve...

BSNL, MTNL get Rs 1,000 cr to clear February wages

New Delhi, March 13 (IANS) The government on Tuesday granted Rs 1,000 crore to Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) to help them clear their February wage ...

Premji earmarks 34% Wipro shares for philanthropy

Bengaluru, March 13 (IANS) IT czar and Wipro Chairman Azim Premji has earmarked 34 per cent of Wipro Ltd shares worth market value of Rs 52,750 crore or $7.5 billion for philanthropy, a statement sai...

Medtech firm wins Qualcomm challenge for start-ups

Bengaluru, March 13 (IANS) Bengaluru-based medtech firm Artelus India Pvt Ltd took home $100,000 after winning chipset maker Qualcomm's challenge for start-ups in India, the company said on Wednesday...

B737 ban: Minister to meet airlines over fare check

New Delhi/Mumbai, March 13 (IANS) With all Boeing 737-800 Max aircraft set to stop operating in Indian airspace from 4 p.m. on Wednesday, the Civil Aviation Ministry has called a meeting of various a...

SpiceJet scrip fall 8% as Max 737 aircraft grounded

Mumbai, March 13 (IANS) The stock of Budget carrier SpiceJet, which operates the largest fleet of Boeing 737 MAX aircraft in India, fell 8 per cent during the early trade on Wednesday, a day after th...

Hong Kong bans Boeing 737 MAX from airspace

Hong Kong, March 13 (IANS) Hong Kong on Wednesday banned Boeing's 737 MAX jet from its airspace until further notice after several other countries restrained their airlines from operating the aircraf...

76% Indian companies hit by cyber attacks in 2018

New Delhi, March 13 (IANS) Over 76 per cent organisations in India were hit by cyber attacks in 2018 as IT security continued to be a major issue across the globe, global cyber security major Sophos ...

Google says sorry for Gmail, Drive global outages

San Francisco, March 13 (IANS) Google on Wednesday apologised after users around the world faced problems with accessing Gmail and other services. Users in several countries including India report...

Markets turn negative within minutes of opening

Mumbai, March 13: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a slightly positive note during the morning session of the trade but soon turned negative. The Sensex of the BSE open...

No change in fuel prices; petrol at Rs 72.41 in Delhi

New Delhi, Mar 13: Fuel prices remain unchanged on Wednesday after registering decline on Mar 12. In the national capital, petrol is being sold for Rs 72.41 per litre while diesel costs Rs 67.37 a...