Domestic handset-vendor Lava will invest Rs.500 crore to set up a manufacturing plant in 20 acres in Tirupati. Recently, Prime Minister Narendra Modi had laid the foundation for a mobile manufacturing and electronics hub in…
New York, Oct 22 (IANS) A Chicago-based group, which works to promote the interests of the Indian community, will organise a dinner to raise funds for the poor in Lombard, a village in Illinois, on…
The hospitality industry in Hyderabad is getting the blues as it feels that the shifting of Andhra government’s administrative activity to its new capital Amaravati may lead to a fall in tourist arrivals in the…
Mumbai, Oct 21 (IANS) Reliance Capital, a part of the Anil Ambani-led group, on Wednesday, said it is acquiring Goldman Sachs Asset Management’s onshore business in India like mutual funds and exchange-traded funds for Rs.243…
New Delhi, Oct 20 (IANS) Filmmakers unable to complete their movies or who had to abandon them before completing will now be eligible for relief following the latest directive of the Income Tax department doing…
New Delhi, Oct 19 (IANS) Indian online shoppers rank on top when it comes to buying products from social media sites, according to global technology company Pitney Bowes’ second annual Global Online Shopping Study. As…
Bengaluru, Oct 19 (IANS) Global software major Infosys on Monday announced the acquisition of US-based Noha Consulting firm for $70 million (Rs.454 crore) in a cash deal. The Houston-headquartered Noha provides information management consultancy services…
Washington, Oct 17 (IANS) Tech giant Apple has been told to pay $234 million to the intellectual property arm of Wisconsin University, Madison, for using without permission patented technology developed by its team, including two…
Hyderabad, Oct 14 (IANS) US-based YuppTV, an internet based TV streaming service provider which on Wednesday launched its service in India, plans to raise $50 million to fund its expansion. Uday Reddy, founder and CEO…
Bengaluru, Oct 13 (IANS) Indian start-ups are on fire, as they are on target to get a whopping $5 billion (Rs.32,558 crore) funding by this year-end, IT industry representative body Nasscom said in a report…
New Delhi, Oct 13 (IANS) Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana have exceeded Rs.25,000 crore, the government said on Tuesday. The deposits have come as low-cost deposits. According to an…
Bengaluru, Oct 13 (IANS) Chinese technology start-up OnePlus said on Monday it would make in India smartphones through contract manufacturing at Taiwanese Foxconn’s Rising Stars factory in Andhra Pradesh’s Sri City. “Producing smartphones in India…
New Delhi, Oct 12 (IANS) A rapid expansion in the manufacturing and mining sectors accelerated India’s factory output growth to 6.4 percent in August from a rise of 4.1 percent in the month before, official…
Toronto, Oct 11 (IANS) Popular Indian chef and entrepreneur Sanjeev Kapoor will be launching his first eatery at Brampton, in Canada, in November, the official website of the restaurant said. Located at Queen Street in…
New Delhi, Oct 11 (IANS) GMR Infrastructure announced on Sunday its subsidiary Kakinada SEZ Pvt Ltd has signed an agreement with Japan’s JGC Corporation for co-developing an export-oriented food processing park at its Kakinada Special…
New Delhi, Oct 10 (IANS) The CBI on Saturday registered a case against 59 account holders and unknown bank officials and private people as it conducted raids at a Delhi branch of Bank of Baroda…
New Delhi/Bengaluru/Panaji, Oct 10 (IANS) The CBI on Saturday conducted raids at residences and offices of flamboyant liquor baron Vijay Mallya and his now-grounded Kingfisher Airlines in connection with a Rs.900 crore loan to the…
Washington, Oct 9 (IANS) Overtaking China, India is expected to grow at 7.3 percent in 2015, rising to 7.5 percent in 2016, the International Monetary Fund forecast Friday lowering its April projections by 0.2 percentage…
New Delhi, Oct 9 (IANS) The Congress alleged on Friday that Rs.6,000 crore of “black money” had been sent out of the country from a public sector bank months after the NDA government came to…
Singapore, Oct 8 (IANS) As many as 17 Indian families, led by the Ambanis, figure in the maiden Forbes list of 50 richest Asian families, which is the highest for any country in this part…