Attempts to provide cheap and reliable Internet connectivity onboard trains in India have not met with much success so far due to the lack of suitable technology, Indian Railways said. Indian Railways tried to use three types of technology – 3G, Wimax and Satellite, in its tests. In all three cases, reliable and cost-effective Internet […]
The Indian mutual fund industry’s assets under management crossed the Rs 12 trillion mark in February, ending at 12.02 trillion, according to the monthly numbers released by the Association of Mutual Funds in India (AMFI). This is the first time the industry’s assets have crossed the Rs 12 trillion mark. Gains were led by inflows […]
Volkswagen India said its car sales in India rose 10% in February, in line with the overall industry trend. Europe’s biggest carmaker also announced a new variant of its Vento, the Magnific. “he Vento is one of the safest cars in its segment, boasting high levels of build quality and outstanding driving dynamics. The Special […]
Tata Consultancy Services Ltd seems to be on track to report a disappointing full year. The company warned in an analyst meet that its revenue would be impacted by foreign exchange movements. However, such cross currency movements are unlikely to affect its profits much. At its analyst meet today, TCS stated that its final quarter […]
Finally, the Moto E 2nd generation is all set to hit India on March 10, but disappointingly, the version that will be launched here will not have LTE. Without LTE, the second generation Moto E fails to stand up to its biggest competitor in India, the Lenovo A6000. Despite having the same price of Rs […]
Triumph Motorcyles, the England-based bike maker will launch its latest Tiger 800 series adventure bikes in India on Wednesday, Mar 12. Triumph Motorcycles has bikes in five category – roadster, adventure, supersports, classics and cruisers. “Whatever the road, whatever the distance, whatever the challenge, the new Tiger 800 range has been built to excel,” the […]
Bajaj Auto has launched what it claims is the World’s most fuel efficient bike – the all new Platina. “The 2015 Bajaj Platina is not just an upgrade on its hugely succesful model, but also a technological leap. It is an entirely new platform developed with a new DTS-i powered engine which delivers a potent […]
The Telecom Regulatory Authority of India has directed Vodafone to stop using 111 as its customer care number. The authority pointed out that such a number was not in consonance with the national numbering plan. The numbering plan did not have any place for three digit customer care numbers. Currently three digit numbers, such as […]
Tata Motors saw strong growth in certain key segments, as passenger cars and Medium and heavy commercial vehicles grew by 31% and 34%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in February 2015 of 44,225 vehicles. The number is higher by 11% over 39,951 vehicles sold in February 2014. The […]
Maruti Suzuki Ciaz sales avoided a steep decline in February, a month after the sedan model notched up sales of 6,000 units in January. Maruti Suzuki sold around 5,400 units of Ciaz in February, down 6,000 from January, but still up considerably compared to sales of 3,500-4,000 in November and December. Ciaz continues to trail […]
Greenlam Industries, a specialist in laminates and veneers, got listed on the National Stock Exchange and Bombay Stock Exchange today. Last year, Greenply Industries had announced the demerger of its collective business and formed Greenlam Industries to manage the group’s decorative business with all its assets and liabilities. With the listing of Greenlam Industries today, […]
Bajaj Auto reported a disappointing month of auto sales in February. The two- and three-wheeler maker reported a 21% dip in February motorcycle sales to 216,077 compared to the same month a year ago. In three-wheelers, the company reported a 32% dip to 27,242 units. The numbers are inclusive of exports. Total exports dipped 20% […]
The following are the major tax related changes introduced in Union Budget for 2015-16 presented by Arun Jaitley in Parliament today. Objectives of tax policy [] Objective of stable taxation policy and a non-adveRs arial tax administration. [] Fight against the scourge of black money to be taken forward. [] Efforts on various fronts to […]
The following are the sector wise highlights of Union Budget 2015-16 presented by Arun Jaitley in Parliament today. Agriculture [] Major steps take to address the two major factoRs critical to agricultural production, that of soil and water. [] ‘Paramparagat Krishi Vikas Yojana’ to be fully supported. [] ‘Pradhanmantri Gram Sinchai Yojana’ to provide ‘Per […]
Even as International Data Corporation (IDC) claimed that local player iBall overtook Samsung as India’s most popular tablet brand last quarter, IDC’s rival and former partner CyberMedia has released numbers that show Samsung on top. CyberMedia Research is today an independent technology market intelligence firm and tracks tablet and phone shipments in India, among other […]
SpiceJet said it has completed the process of transferring its promoter stake to its former key shareholder, Ajay Singh. Kalanithi Maran and Kal Airways Private Limited transferred their entire shareholding of 350,428,758 shares, or 58.46% of the total, to Ajay Singh on February 23, 2015, the airline said. Ajay Singh has become the Promoter of […]
It was Anushka Sharma first in 2008 in Rab Ne Bana Di Jodi with SRK, a debut leading to Anushka completing 7 successful years now. It was then Parineeti Chopra to arrive in style, making her own in a supporting role in Ladies Vs. Ricky Bahl in 2011. In 2013, Director Maneesh Sharma brought Shuddh […]
Car market leader Maruti Suzuki unveiled the refreshed edition of its bestseller DZire with over 13 per cent improved fuel efficiency here today. Aggressively priced at Rs. 507,800 onwards, the new DZire sports contemporary styling, superior comfort & convenience features and enhanced fuel efficiency. Besides, the new DZire is being introduced in four new body […]
Back in October, MediaTek, the Taiwanese chipmaker that practically ruled India’s low- and mid- range smartphone market, announced that by December, India would see several smartphones powered by its first LTE chip MT6595. December’s over. January’s also over, and February is almost over. Yet, India is yet to see the flood of LTE handsets powered […]
Industry association ASSOCHAM, which has members from most of the big industrial groups in India, today said the opaque nature of decision making in India should be done away with to prevent incidents like the latest ‘corporate espionage’ involving top industrial houses in India. In a statement, the association said: “One fails to understand what […]
