Jet Airways and partner Etihad Airways, the national airline of the UAE, have announced special introductory fares for domestic and international travel. Both economy and business class travellers of Jet Airways and Etihad Airways availing this special offer will enjoy a flat 20% to 50% discount over regular fares on the combined network of the […]
This year’s Monster Salary Index India IT Sector Report has revealed that there is a gap of around 29 per cent between the average pay drawn by a male IT worker and a female IT worker in India. As per the Monster Salary Index, the male IT worker receives gross salary of ₹ 359.25 per […]
The world’s longest fashion show will be held in Goa in August, and will go on for 100 hours (4 days) without a break. Over 100 fashion designers, about 1000 male and female models, 35 choreographers, 150 make up artistes, 100 stylists and 50 photographers are expected to participate in the event to create a […]
Xiaomi and Flipkart said they sold their entire stock of Mi3 high-end phone in 38 minutes and 50 seconds today. Registrations to purchase the device were open till July 21st and saw over 100,000 fans registered to buy the Mi 3, Flipkart said. It is not clear how many Xiaomi Mi3 smartphones were on sale. […]
A day after TRAI gave its recommendations on the subject, Idea Cellular today said it was unlikely to go in for spectrum sharing in a major way. The telecom operator said practical considerations would make it difficult to go in for spectrum trading even in 3G services, where spectrum sharing is widely expected to take […]
The company may have bought 4G spectrum in 8 states in February, but for the next two-three years, Idea Cellular believes India will not prove to be a successful ground for the launch of 4G services. The biggest problem, said Himanshu Kapania today, would be that of cost. Indians will simply not be able to […]
Rating agency Moody’s said the Reserve Bank of India’s new guidelines on exempting long-term from reserve requirements will allow banks to compete more effectively in the infrastructure loan market. “The new regulations are also likely to foster an improvement of banks’ competitive positioning vis-à-vis housing finance companies and infrastructure finance companies, because the banks’ lower […]
LG will launch its LG G3 high-end model in India on Monday. The 5.5-inch G3 will be arguably India’s most affordable ultra-high-end phone, and will compete with the Samsung Note 3. The G3 will come with a super-high resolution display of 534 pixel per inch that contains a total of 3.7 mln pixels. In comparison, […]
Idea Cellular has announced a new contest to find upcoming movie directors. The contest, called ‘Raju Ban Gaya Director’, is open to everyone in India. Applicants need to create an original concept movie of 1 to 3 minutes on the mobile phone and upload it on www.ideapopcornstreet.com. The Jury, comprising of experienced film makers, will […]
Tata Power Solar, India’s largest integrated solar player, and Bajaj Finance Ltd, which is famous for providing loans for high-end TVs and mobile phones, have teamed up to provide loans to consumers buying solar products in India. The loans will be interest-free and will be applicable to all Tata Power Solar products across various categories […]
The central government has admitted that it is not able to block all sites with “sensitive” content, especially when they are delivered using HTTPS encryption technology. HTTPS technology is used for banking, and other highly secure transactions like password authentication. Google started encrypting most of its data using HTTPS technology recently after it was revealed […]
Global corporation Brightstar has acquired a majority interest in Beetel Teletech Ltd, part of the Bharti group. The aim is to bring latest mobile technologies and services to the Indian market, the companies said. Beetel is a maker of land phones and other telecom equipment, and offers communication services. “As the largest specialized wireless distributor […]
Barclays has projected a consumer inflation rate of 7.0-7.5% for India in the current financial year, below the 10% level seen last year, despite the threat of a weak monsoon pushing up food prices. This would allow the Reserve Bank of India more leverage in reducing rates, it said. “The IMD (met dept) expects rains […]
It often happens that when a company is investing heavily into a strategic, next-generation project, its margins take a hit and the stock goes down. The reaction to attributed to investors’ inability to full understand a company’s business and priorities. But sometimes, it way work the other way too. The stock of Infosys actually went […]
The restrictions placed on iron ore mining by the judiciary has resulting in a shortage of the commodity in India and is leading to large-scale import of the product from overseas, JSW Steel has said. The company said it has decided to import around 6 million tonnes of iron ore in the current fiscal from […]
ONGC Videsh Limited, the foreign-focused unit of ONGC said it has raised $ 1.5 billion and Euro 525 million unsecured bonds in the international capital markets. The bonds are guaranteed by ONGC. T “The Reg S Bonds will be issued in dual currency with two tranches of US$ 750 million each for 5-year and 10-year […]
SpiceJet today announced that it is resuming its services on Dubai-Mumbai and Dubai-Madurai routes with effect from July 21, 2014. SpiceJet launched service on these two sectors earlier in June 2012 and November 2013 respectively, but had to temporarily suspend these flights in May this year due to runway work at Dubai airport, during which […]
Nykaa.com, an online beauty products seller, raised Rs. 20 crores through private investors including HNIs and NRIs to boost the expansion plans of the brand in the omni-channel retail space, including mobile, the company said. With this capital, Nykaa.com aims to grow 4 times this year and another 3.5 times by 2016, it said. It […]
BMW Group India will launch its hybrid petrol-electric limosine, the BMW ActiveHybrid 7 in India on 23 July at 12:30 pm in Gurgaon. The luxury limo has both an electric motor as well as a 3-liter petrol engine. Under easy conditions, the car will run entirely on electric power until the batteries run out, after […]
Videocon d2h has beaten bigger rivals like Tata Sky and Dish TV to the 4K Ultra HD game. The DTH operator, which already provides around 22 full HD channels, said it expects to launch 4K Ultra HD services before anyone else in India. “The 4K Ultra HD DTH services will be available commercially very soon. […]
