Cognizant Technologies, one of India’s largest employers, reported a 3.5% jump in its quarterly revenue in dollar terms, and raised the lower end of its full-year revenue forecast for 2017. It said it now expects revenue for the current year to be in the range of $14.70 billion to $14.84 billion. It had guided for […]
Trying to differentiate itself from regular ecommerce websites and apps, Yes Bank has launched an impulse buying app known as Tap To Shop. Unlike regular online shopping apps, Tap To Shop will be focused exclusively on delivering deals that are not available at most times. The customer must have installed the Yes Pay wallet on […]
Vodafone India said it tied up with Discovery Communications to offer 12 of its channels on its ‘Play’ app. These channels include Discovery Channel, TLC, Animal Planet, Discovery HD World, Discovery Science, Discovery Turbo, Discovery Kids, Investigation Discovery (ID), Animal Planet HD World, TLC HD World, Discovery Tamil and sports channel DSPORT. “Vodafone Play is […]
Maruti Suzuki said it has added the auto-gearshift option to the highest variant of its ‘millenial-focused’ IGNIS small car. AGS is already available on the cheaper variants, Delta and Zeta, and cars enabled with the technology account for 27% of IGNIS Sales, the company said. The AGS version of the Alpha trim will be available […]
TVS Motor Company reported strong auto sales numbers for July, while Tata Motors had a more modest growth in the same month. TVS domestic scooter sales grew by 35.8% to 92,378 in July 2017. Motorcycles grew by 15.1% 109,427 in July 2017. However, moped sales were down. As a result, total domestic two-wheeler sales grew […]
State Bank of India said it was enabling payment by Samsung Pay service on some of its higher debit card variants. Samsung Pay works by mimicking the ‘swiping’ action of a credit or debit card by sending a magnetic pulse. The ‘card machine’ or point of sale machine mistakes this for an actual swipe and […]
Zydus Cadila said it has received approval from the US Food and Drug Administration to market chemotherapy drug Temozolomide and blood pressure drug Nadolol. Temozolomide will be made available in six doses from 5 mg to 250 mg. It is used in the management of brain tumors. The market size of Temozolomide is estimated at […]
The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations. In a meeting with Maharashtra Chief Minister Devendra Fadnavis, the organization accused the companies of using harassment techniques that […]
Smriti Irani, who recently took on the role of the union minister for information and broadcasting has started off with a bang by alleging that the country’s largest news wire distributed photo Chennai floods claiming them to be those of the floods in Gujarat. Unlike her predecessors, who would bring such matters to attention through […]
The North Indian state of Haryana has emerged as the state with the highest daily wage under the Mahatma Gandhi National Rural Employment Guarantee Scheme at Rs 277. Bihar and Jharkhand came at the bottom with daily wages of Rs 168. The second highest wages was in Chandigarh, followed by Kerala at 265 and Nicobar […]
Maruti Suzuki today announced the launch of premium workshops and service centers under its ‘NEXA’ brand. The first NEXA Service workshop has been launched at Gurugram. NEXA Service will be expanded in phases, and Maruti Suzuki expects that nearly 300 NEXA Service workshops will be in operation by 2020, the company said. Received by a […]
Bharti Airtel is still testing its 4G voice or Voice over LTE service and a pan-India launch will take place only by January-March of 2018. “VoLTE is a very complex technology,” CEO Gopal Vittal said. “There is a lot of optimization. It has to be tested device by device,” he said, adding that it will […]
Bharti Airtel, India’s largest telecom provider by revenue, said it has no intention of launching a rival phone similar to the super-cheap semi-smartphone launched by rival Reliance Jio. Asked if the company needed to come out with a similar, affordable handset to compete with Jio, Gopal Vittal, CEO of Bharti Airtel said his company did […]
Bharti Airtel was forced to slash its data price by half to about Rs 60 per GB in the April to June period of 2017, the latest numbers revealed. In contrast, Bharti Airtel was charging around Rs 125 per GB in the three months from January to March of this year. A year ago, it […]
Bharti Airtel Limited reported a drop of 14% in its revenue for the first quarter, at Rs 21,958 crore. Adjusted for sale of its units, the drop was 11%, it said. Net profit fell 75% to 367 crore rupees for the first quarter. Operating profit was down 18%. India revenues for Q1’18 at Rs 17,244 […]
Reliance Defence and Engineering, controlled by Reliance Infrastructure, said it ‘launched’ the first two of its five patrol vessels being built for the Indian Navy at its shipyard in Pipavav, Gujarat. The ships are being constructed under the “P-21” project. The Company is also engaged in construction of one Training ship and fourteen Fast Petrol […]
Tower provider Bharti Infratel reported a 10% growth in its revenue and profit for the first quarter. The Consolidated revenues for the quarter, at Rs. 3,524 Crore, was up by 10% over the corresponding period last year. Consolidated profit from operations improved to Rs 1,575 Crore, up 12% compared to last year. Operating margin was […]
Pharma company Strides Shasun said it had received approval allergy drug Cetirizine Hydrochloride in the US. “The US market for Cetirizine Hydrochloride Capsules (Softgel) is approximately USD 60 mln, with only one other generic player,” the company said. “The product is ready for launch immediately and as in the case of OTC products, the market […]
Reliance Jio chairman Mukesh Ambani announced the JioPhone, which aims to bring smartphone features to the candybar form factor. The phone will be given to anyone if they deposit Rs 1500 with the company. The user will get the Rs 1500 back when the device is returned after 36 months. “Net net, you pay nothing […]
Reliance Jio chairman Mukesh Ambani announced the JioPhone, which aims to bring smartphone features to the candybar form factor. The phone will be given to anyone if they deposit Rs 1500 with the company. The user will get the Rs 1500 back when the device is returned after 36 months. “Net net, you pay nothing […]
