Tata Motors announced the opening of online bookings for its much-awaited sporty hatchback, the all-new Boltfrom its passenger vehicle stable. After the success of Zest, Bolt is the second brand new vehicle in line under the company’s HorizonNext umbrella. Bolt – with its name signifying speed, represents an attitude of winning and staying ahead, according […]
China has started work on examining if it can modernize two railways stations in India – Baiyyappanahalli in Bangalore and Bhubaneswar in Orissa – under an agreement signed in September, the ministry of railways said. In September, China and India signed an agreement facilitating Chinese help in increasing the speed on India’s railway network, modernizing […]
Mahanagar Telephone Nigam Ltd or MTNL plans to more than double its GSM and 3G coverage and capacity in Mumbai and Delhi over the next 2-3 years, the government said in a statement today. MTNL’s mobile services, despite being affordable, have seen a steady decline in users, and by implication, in revenue and profitability, in […]
State Bank of India, the country’s largest bank, said it expects the Reserve Bank of India to cut key interest rates only after sees a “sustained” downward trend in inflation, and this is likely to take at least 2-3 months more. “We maintain that RBI may go for the rate cut in a decisive manner […]
HCL Infosystems, the India-focused arm of the HCL group, said it has been named in a charge sheet related to alleged irregularities in the award of a contract to supply computer hardware and related services under the National Rural Health Mission in 2009. The chargesheet has been filed in a special court in Ghaziabad, the […]
Bharti Airtel said it will sell over 1100 telecoms towers across 2 countries in Africa to IHS Holding Limited, the largest mobile telecommunications infrastructure provider in Africa. The sale in Zambia and Rwanda will be followed by a 10-year leaseback contract. “The agreements will allow Airtel to focus on its core business and customers, enable […]
The Samsung Galaxy Note Edge, a curved display version of the Note 4, will be launched in India next week at a price of around Rs 61,000 ($1000), or the same as the iPhone 6 Plus. According to distributors, the handsets will be available for sales in time for Christmas. The India launch of the […]
Wipro will cut one third of its employee base. Tata Consultancy Services to apparently let go off 25,000 senior employees (according to Business Standard). Infosys is in the middle of a transformation aimed at limiting the number of employees and increasing the use of automation. Is the golden age of Indian Information Technology over? More […]
SpiceJet has denied media reports that the Director General of Civil Aviation asked the company to refund the amounts for bookings made beyond 30 days from now. Several media, including the Times of India, reported that the company has been told to refund the bookings made beyond 30 days. SpiceJet has thousands of bookings stretching […]
Like the Intel Nuc mini formfactor, but don’t want to buy something underpowered? Take a look at the Asus VivoMini UN62 mini-PC launched today. Despite sticking to similar small footprint, the VivoMini UN62 mini-PC offers the power of a larger desktop CPU and comes with a Core i5 4210 processor. While not exactly the biggest […]
Goa, India’s top holiday destination, saw a record number of visitors in October. Total arrivals hit 4,76,861 in the month, up 13.5% from previous year, thanks to a recovering economy in India. Domestic tourist arrivals for the month of October has surpassed last year’s figure recording a 13.8 per cent increase. Similarly, 11 per cent […]
Honda City has emphatically taken back the crown of being India’s favorite sedan from Maruti Suzuki Ciaz, which had snatched it away in October. In November, Honda sold a total of 7,252 units of City, nearly 45% higher than the 5,200 units of Ciaz that Maruti Suzuki sold in the same month. Maruti Suzuki had […]
Maruti Suzuki said it is recalling 3,796 Ciaz manual transmission cars manufactured till 7th November 2014 to inspect and rectify a “suspected fault and replace the relevant part of clutch operation system.” Nearly 13,000 Ciaz’s are on Indian roads. “The Company has decided to undertake a Service Campaign for these cars, in the interest of […]
TVS Motor Co, maker of motorcycles and three-wheelers, posted a sales growth of 36% during the month of November 2014, making it one of the best months for the company in recent times. This follows a strong November for Maruti Suzuki as well. TVS’ total sales increased from 161,908 units recorded in the month of […]
Walmart India continued to expand its wholesale e-commerce platform in India. It said today it has extended its business-to-business e-commerce platform to members of its store in Rajahmundry, Andhra Pradesh. They will now be able to use www.bestprice.in to shop. The company has to restrict its sales in India to wholesale and does not sell […]
ZTE launched its Grand S II smartphone, which has similar features to the Xiaomi Mi3 and Mi4, and is also priced very cheap -at just Rs 14,000. ZTE Grand S2 will be available exclusively on Amazon from December 1. The ZTE Grand S2 has a 5.5 inch multi-touch, full-HD screen display and comes with the […]
The HSBC India Purchasing Managers’ Index (PMI) – a composite indicator designed to give an accurate overview of manufacturing operating conditions – reached a 21-month peak in November, the bank said. However, inflationary pressures intensified during the month, following three consecutive months of easing, HSBC said. “Among the surveyed sub-categories, the sharpest increase in purchase […]
The department of telecom has opposed TRAI’s suggestion to auction the CDMA spectrum surrendered by Tata Teleservices (Tata DoCoMo) in the upcoming auctions, saying that there is a chance that the spectrum may have to be returned to the operator. However, in its response to DoT’s doubts, the TRAI reiterated that the spectrum should be […]
Reliance Communications has launched ‘true unlimited’ high-speed services using its CDMA service in in Chennai, Bengaluru, Hyderabad and Pune, and promised to launch in other cities soon. The so-called ‘Pro 3’ services are based on EVDO Revision B (Rev B) technology, that helps combine multiple carriers of EVDO Rev A. Under Rev A, a single […]
The Reserve Bank of India will need to watch the Indian rupee’s movement closely in the coming days in light of the recovering US economy and strengthening dollar, CARE Ratings said. “While the RBI has brought about order in the balance of payments and several components like imports, ECB flows, and FII funds, it would […]
