The Aam Aadmi Party was all set to win 67 seats out of Delhi’s 70 seats, according to the leads published so far, with BJP winning 3 and Congress coming up with zero seats. If BJP gets less than 7 seats, it may not qualify for Leader of Opposition post. PM Narendra Modi congratulated Arvind Kejriwal […]
Samsung is in the final stages of launching its first Tizen phone, an entry-level 4-inch model with 512 MB RAM, within two weeks, according to sources in the know. Samsung has conducted extensive demos to partners and developers, according to one person. The Samsung Tizen phones, which are not based on Android, are meant for […]
The India eCommerce market will reach $6 billion in 2015, a 70 percent increase over 2014 revenue of $3.5 billion according to market research firm Gartner, Inc. Digital commerce facilitates a purchasing transaction over the Web, and supports the creation and continuing development of an online relationship with a consumer or business customer across multiple […]
Crisil Research has cut its forecast for current account deficit this financial year to $32 bln, or 1.55 of GDP, from $47 bln, or 2.2% of GDP, due to the sudden fall in oil prices. A country’s dealings with the rest of the world is divided into the current account and the capital account. Current […]
After making fans for weeks, Samsung has launched the Note 4 in India with a maximum retail price of Rs 58,300, implying that the phone should be available in the 56,000 range in practice. The phone’s expected price in India was Rs 55,000. The launch has come quite fast, possibly due to the ongoing Diwali […]
Bisleri International has entered the energy drink segment with a non-caffeinated drink, URZZA. With this, Ramesh Chauhan marks his re-entry into the carbonated soft drinks segment 22 years after selling iconic soft drink brands like Thums-Up, Limca, Gold Spot, and Mazza. Positioned as a great tasting ‘Liquid Charger’, Bisleri URZZA is the first energy drink […]
Unless you want to feel left behind, you might consider prebooking a meal next time you fly SpiceJet. The airline today said customers with pre-purchased meals will be served meals first on board. Others will be served only after that. The idea is to get more people to prebook their meals, as it helps the […]
One of Tamil Nadu chief minister J Jayalalitha’s pet projects, Arasu Cable TV Corp is unlikely to get a cable operator license under the new government also, going by a statement from the ministry. The process of cable TV digitization has been stuck in Tamil Nadu as the largest player by far, Arasu Cable, has […]
Spice Retail Limited has lauched India’s first Firefox OS powered smartphone, Spice Fire One Mi – FX 1. Priced at an unbelievable price of Rs 2,299, Spice Fire One. Commenting on the launch, Mr. Prashant Bindal, Chief Executive Officer, Spice Mobility Ltd, said, “This is a step towards enabling the dreams of the small town […]
Vyome Biosciences, a pioneering firm trying to develop its own in-house treatments through research in India, said it had raised $8 million in a fund round led by Sabre Partners, with existing Series A investors Kalaari Capital and Aarin Capital also co-investing. The company focuses on developing treatments for skin conditions such as persistent dandruff […]
Retail inflation print is likely to come higher than June due to high fruit and vegetable prices, and the government should act to resolve supply constraints, DBS Bank said in a report. Consumer inflation and IIP numbers are out tomorrow, while wholesale inflation numbers are expected on Thursday. “Headline CPI inflation in July is seen […]
Another bunch of Xiaomi Mi 3 smartphones will go on sales at 2 pm on Flipkart today, but chances of ‘winning’ the lottery this time are only 1 in 10 as there are 1.5 lakh registered users expected to bid for the item. A total of 15,000 Xiaomi Mi 3 phones will be on offer, […]
India accounts for 12 percent of the world’s mobile connections, but just 2% of the world’s mobile services revenue, IT researcher Gartner said in a report. Mobile connections in India will grow to 815 million in 2014, an 8 percent increase from 755 million connections in 2013, according to Gartner, Inc. The mobile services market […]
Indian low-cost carrier SpiceJet has suspended its flights to Kabul in light of the shooting down of the Malaysian Airtlines in Ukraine. “In view of the security situation in Kabul and its airport, SpiceJet has decided to temporarily suspend our Kabul flights until the situation improves. The airport in Kabul came under rocket attack on […]
Aircel Cellular became the only other operator in India other than Bharti Airtel to launch 4G services, overtaking Reliance Industries’ Jio Infocomm, which is yet to launch services. The Chennai based company launched its 4G services in four circles, Andhra Pradesh, Assam, Bihar and Odisha. “With this launch, Aircel will now offer services under all […]
Hiring activity dipped slightly in June compared to May, but was up a substantial 22%, according to Naukri.com, an employment portal. The Naukri Job Speak Index for June came in at 1570, 2% lower than May 14. The highest activity level was in IT, with a 29% rise in the segment, followed by Pharma. Pharma […]
With $447 million worth annual furniture imports into India, China accounts for 53 per cent of India’s total furniture imports worth over $736 million thereby giving severe competition to the domestic industry, according to a just-concluded ASSOCHAM study. “Furniture imports into India are growing at 27 per cent annually while furniture exports from the country […]
Greenpeace India has issued a statement expressing “shock and dismay” over allegations that environmental agencies like itself are hurting India’s growth. “Greenpeace India has followed all laws of the land and is open to any kind of scrutiny. But in the absence of any communication from the government the NGO is forced to believe that […]
DOIT Creations Group, owned by Radha Kapoor, daughter of Yes Bank promoter Rana Kapoor, has picked up a big stake in business magazine BusinessWorld, which was recently sold by the Anand Bazaar Patrika group to Anurag Batra of Exchange4media and investment banker Vikram Jhunjhunwala. “I intend to contribute to the digital / online business development […]
49% of Indians are supporting the five time-champions Brazi, while Argentina and Germany share the second spot at the list with 15% each support from the country, according to a survey conducted by Skyscanner, a global travel search site. Messi is the hottest star according to female football fans. 7% of Indians support Netherlands, while […]
