Nokia and Alcatel Lucent have confirmed that they are talks for a merger. In a statement, Nokia said: “In relation to recent media speculation Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent. […]
A new study released by international oil company Shell have offered some insights into the ‘superstitions’ and myths held by Indians when it comes to trying to increase the fuel efficiency of their cars. “Some of the beliefs revealed through the study were actually wasting fuel rather than helping to conserve it. It becomes pertinent […]
New benchmark scores for MediaTek’s implementation of ARM Holdings’ latest core design indicate that MediaTek and ARM are likely to have potential chips suitable for notebooks, servers and even desktop PCs by the end of this year or early next year. These chips would be potentially more powerful than those found in the new Apple […]
Yesterday was that many Indian smartphone vendors such as Micromax, Spice Mobility, Lava and Xolo would remember. It was yesterday that Lenovo proved that it’s low-priced 4G phone, the A6000, was no flash in the pan like Xiaomi Mi3, but that it intended to follow through and put up the capable A7000 as proof of […]
e-commerce in India is set to cross $16 billion in sales by the end of this year, according to an ASSOCHAM- Deloitte joint study released today. The digital commerce market in India has grown steadily from $4.4 billion in 2010 to $13.6 billion in 2014 and likely to touch $16 billion by the end of […]
In an attempt to bring its value-for-money proposition to the real estate sector, Snapdeal announced that TDI Infracorp ltd will sell 2 and 3 BHK flats from its Hi-rise apartments at its township LakeGrove in Kundli near Delhi through the online sales portal. The homes will be priced between Rs 34 lakh -65 Lakhs and […]
A month after Bajaj Auto released its 2015 Platina bike calling it the World’s most fuel efficient, rival Hero MotoCorp has come out with new charts putting its Splendor iSmart model at the top. While Bajaj Auto claimed a mileage of 96.9 km to the liter, Hero is claiming 102.50 kilometer per litre for Splendor […]
Amazon.in has started selling packaged software in India. The company’s software store has over 1500 products across security software, office tools and educational software. “The store offers products from all leading international brands such as Microsoft, Kaspersky, Norton and McAfee as well as domestic players such as Quick Heal, Tally, S.Chand, iDaa and Practice Guru,” […]
Petronet LNG Ltd said it is offering value-added-services to enhance the utilization of the Kochi LNG terminal, which has been a big drag on the company’s finances. The 5 million tonnes per annum (mtpa) has been a major headache for the company as various infrastructure bottlenecks have prevented the terminal from raising utilization levels beyond […]
DLF Ltd said it had not sold the 2nd phase of its Pune IT Park to private equity firm Blackstone. DLF was responding to a query raised by the National Stock Exchange of India after the Hindu Business Line carried an item titled ‘Has DLF sold Pune IT Park 2nd Phase to Blackstone’. However, said […]
India’s first interplanetary mission, the Mars Orbiter Mission, has exhausted its official on-Mars life-span of six months on March 24, but the spacecraft continues to send data back to earth, according to ISRO. The main factor determining how long the craft, which is currently in an orbit around Mars, could operate is fuel, but the […]
India’s eastern sea coast, which comprises states like Andhra Pradesh, Orissa, West Bengal and Tamil Nadu is more vulnerable to the after-effects of the sea level rise that has been observed in recent years, according to a document with the ministry of earth sciences, India. According to the ministry, the sea level is rising faster […]
Private Equity firms invested about $2,646 million across 124 deals during the quarter ended March 2015, according to early data from Venture Intelligence, a research firm focused on private company financials, transactions and their valuations. The investment amount was 20% higher than that invested in the same period last year ($2,212 million across 132 transactions), […]
India’s biggest shopping site Flipkart is offering the Lenovo A6000, arguably India’s most sought after mobile phone, without any prebooking. The phone can be bought from Flipkart’s website without any booking or registration today, while the Redmi 2 requires preregistration and quick fingers. Lenovo A6000 is India’s cheapest LTE 4G phone and is based on […]
India’s biggest e-retailer Flipkart is offering special discounts on its ‘big app shopping days’ from today through Wednesday, including on mobiles, TVs, tablets and clothes. The highlights of the offer are the discounts on items that are exclusively sold through Flipkart – such as mobile phones from brands like Motorola. Another interesting offer is that […]
Chinese brand Xiaomi has emerged as the no. 1 seller of 4G smartphones in India, while Microsoft (Nokia) and Lava are ahead of Micromax in the overall market, according to CyberMedia Mobile Handset Market report, Jan 2015. According to CyberMedia Research’s numbers, Xiaomi had a 30.8% share in the 4G market in India, followed by […]
HTC One E9 and HTC One M9 Plus, the first ever quad-HD phones from the Taiwanese brands, will launch in India by the end of March or early in April, and will carry price tags of around Rs 40,000 and Rs 50,000 respectively. UPDATE: The HTC M9 Plus has been launched at Rs 52,000 today. […]
The Indian government’s poor financial condition is the weakest aspect of India’s credit profile, international ratings agency Moody’s has said, adding that state-owned banks’ poor assets are another area of concern. On the other hand, strong private savings and growth are positive aspects to the Indian economy, Moody’s added. “Government finances are the weakest aspect […]
Akshay Dhoot, nephew of Videocon Group chairman Venugopal Dhoot, has joined Videocon Industries as head of technology. “He brings in a fresh vision and energy towards the futuristic technology in the field of home appliances and consumer electronics. In his new role, Mr. Akshay Dhoot will be instrumental in formulating technologically advanced products at Videocon […]
L&T’s Metallurgical and Material Handling business has secured orders worth ₹ 1242 crores across various business segments during Q4 of FY 14-15, the infrastructure construction company said. L&T–MMH has won EPC orders from SENAAT General Holding Corporation, Abu Dhabi, for its 240000 TPA Longitudinal Submerged Arc Welded (LSAW) Pipe Mill project and 20000 TPA Seamless […]
