The Economic Times
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| 09 August, 2020, 02:22 PM IST | E-Paper

    Finance Ministry to take up 42 FDI proposals next week

    The Finance Ministry will take up 42 FDI proposals, including that of BNP Paribas, Tata Steel and PTC India Financial Services, next week.

    Maxx Mobile plans to launch 500 new phones in Indian market

    Indian mobile phone-maker Maxx Mobile plans to launch 500 new phones in the Indian market this financial year.

    IT firms like SAP, Oracle helped Bharatiya Janata Party mount successful election campaign

    BJP engaged global information technology firms, including SAP and Oracle for keeping up with real time analysis on social media and partnered InMobi.

    Suryoday Microfinance raises Rs 27 crore in fresh funding

    IFC, the private investment arm of the World Bank, has invested about Rs 15 crore in the Navi Mumbai-based nonbanking financial company.

    Hold the right person accountable for right issues

    Elections are coming. How to get the best answers from those who want your vote? Learn the right questions.

    Hope after P Chidambaram assumed charge as Finance Minister, says Wipro CFO Suresh C Senapaty

    "All we have said is that the market is different. The way the business was done, will be done and is being done is different," Senapaty said.

    Check out the ways to reduce your air fares

    Open jaw, a little known travel strategy, can help you pare down your air fares this season. Find out how.

    Ericsson employs more people in India than anywhere else

    The company, the world’s largest telecom equipment maker, is ramping up operations in India hoping to get a large chunk of fourth-generation network rollout contracts

    Weddings, debuts, deaths: A to Z of Bollywood that made headlines in 2018

    Actress Sridevi passed away on February 24 in Dubai.

    Amazon debuts in India with ‘marketplace’ model, fierce competition ahead

    Amazon’s India launch is expected to add to the pressure on incumbent online retailers which are cutting costs after a spending spree to win new customers.

    Site to help techies battling recession

    Gripped by despair after being handed out pink slips, IT professionals now have help at hand with a group of concerned fellow professionals hosting a website to help them.

    Civic systems: Delhi ranked fifth in India, way behind world

    A survey by Bangalore based Janaagraha Centre for Citizenship and Democracy has ranked it fifth behind Kolkata, Thiruvananthapuram, Bhopal and Patna.

    ChrysCapital to sell 10% in drug maker Intas Pharmaceuticals to Temasek for over $160 million

    Temasek has bought 12.5% stake in Intas Pharmaceuticals, one of India's top 10 drug makers by sale, for a little over Rs 1,100 crore, people involved with the development said.

    Cafe culture to boost coffee consumption: K Ramakrishnan, President-marketing, CCD

    Ramakrishnan believes that the cafe culture is on the rise and this will also lead to in-home consumption of coffee & that coffee is fast becoming the beverage of choice for young India.

    New visa arrangement will help UK attract brightest students

    The new arrangement for visas to UK will help that country continue to attract the brightest and best students, a top official said.

    Infosys executive chairman NR Narayana Murthy assures employees that all is well

    Murthy also said that Srinivas quitting the company would not lead to any "speeding up of the search process".

    Professor Shivanand Mankekar who reaped Pantaloon returns bets on Kishore Biyani again

    Shivanand Mankekar, a self-effacing Mumbai professor known for his big stock market bets, is actively buying into Future Group founder Kishore Biyani's comeback story.

    IPL spot-fixing: I-T begins probe in hawala, illegal cash

    In more trouble for the arrested cricketers and bookies in the IPL spot-fixing scandal, the Income Tax department has begun a probe into alleged hawala and illegal cash transactions and will question them.

    Positive on Phoenix International: Prakash Diwan

    Phoenix has had some positive news coming through in terms of its commercial properties again getting commissioned.

    Sreesanth acquaintances put on the spot

    To Sreesanth’s friends, the fast bowler’s career has been one of ups and downs but they believe he has never deviated from the path of gentlemanliness.

    PC Shipments Shrink 20% in Europe

    After IDC's downward revision of global IT spending, the shrinking PC sales signal another cautionary sign for Indian IT, at a time analysts are expecting 2013 to be better than 2012.

    Don't expect sops in next fiscal, Com Secy tells exporters

    Citing "serious fiscal situation", Union Commerce Secretary Rahul Khullar said that no new incentives and sops could be provided to exporters in the next fiscal in view of significant resource crunch faced by Centre.

    Flipkart aims to create better-equipped and strong seller base

    The company seeks to utilise the small and medium enterprise space in the country to expand its seller base to 12,000 covering 30 cities in less than a year.

    Parents reserving email ids, Facebook profiles and Twitter handles for their kids

    While currently there is no age requirement for Twitter, FB requires users to be at least thirteen. Most of the accounts are verified by parents.

    Why Azim Premji is the leading light among philanthrophists

    Premji had made a pledge in 2013 to give away half his wealth. He has been sending a thousand crore rupees towards the poor and the needy every year.

    Nexus Venture Partners raises Rs 1250 crore

    Nexus Venture Partners has raised $ 275 mn for its third fund, joining a select group of venture firms that have raised capital this yr.

    Kings of sting operations Cobrapost, Gulail, Media Sarkar low on credibility, prefer "non-profit" status

    Cobrapost, Gulail and Media Sarkar - say being a commercial enterprise is no more an option and hence the move to a non-profit structure.

    Most IPL players hail from small towns who have made it big

    Most prolific scorers in the IPL like Suresh Raina hail from small towns in Uttar Pradesh where they spent their formative years.

    Happy gets its first COO, Siddhartha Roy

    In his last job at Phoenix Ogilvy - Sri Lanka, he set up & headed the Strategic Planning cell along with leading the account management role.

    BIMARU towns fuelling India's economic resurgence

    The highest growth in personal income tax collection, among all regions, has been posted by Bihar and Jharkhand followed by Purvanchal .

    Cognizant vice-chairman clarifies on SEC filing, says it’s not a growth indicator

    Cognizant VC Lakshmi Narayanan clarified that the filing was only on management compensation and not necessarily an indicator of growth for next year.

    Expect to see strong growth in room rates from October onwards: Rajiv Kaul

    "Bombay and Bangalore have been two markets which have seen modest growth. But elsewhere in the country, we have seen anything between 8% and 15% growth in H2."

    InMobi's ‘YaWiO’ to be one of several festivals hosts every year by the mobile advertising network

    InMobi has put a name to its culture, ‘YaWiO’ and given it a formal structure, which includes making it one of several festivals InMobi hosts every year.

    Red flags from IT firms like Cognizant, Infosys & Hexaware put question mark over recovery in 2013

    The negative sentiment brought on by the barrage of bad news pushed shares of most large-cap IT down during the last two trading sessions.

    We are looking at mild recovery in growth: Subir Gokarn

    RBI Deputy Governor Subir Gokarn today said he was looking at mild recovery in growth despite decline in industrial production to 3.5% in March.

    More turtles visit Chennai beach for nesting

    After a drop in the number of nests in 2012, Olive Ridley turtles seem to have made an impressive comeback this year.

    Market looking at Budget for fiscal roadmap, expects 2018 returns to be less than that in 2017

    The budget to revolve around affordable housing, rural consumption, MSMEs and infra, say market mavens

    Issues before nation are important: Ram Madhav, RSS spokesman

    Ram Madhav clarified that Bhagwat had said that "NaMo is not our issue" and for the RSS "the issues before the nation are important not necessarily the individuals".

    TCS to manage some IT services of Thomson Reuters

    Thomson Reuters has reached an agreement with Tata Consultancy Services to outsource a portion of its informationtechnology services.

    More Indians get global role in Yahoo rejig

    India now has six senior executives with global roles, up from one a year ago.

    More Indians get global role in Yahoo rejig

    Yahoo's reorganization over the past year, particularly the one announced in April by then CEO Scott Thompson, has raised India's strategic position in the company's global operations.

    Sunanda Pushkar's death: Heartbreak or ill health, no woman should run out of silver linings

    Sunanda Pushkar and Valerie Trierweiler rebelled against what they saw as attempted robbery of their men; but then life is rarely a Mills and Boon story.

    Retrospective taxes to hit foreign investors: GE CEO

    GE India CEO ohn Flannery said the ‘retrospective taxes’ proposed in the Union Budget do not provide a stable policy for foreign investors.

    Union Budget 2012-13: Make keeping money abroad without permission an offence, says N Santosh Hegde

    Key Team Anna member N Santosh Hegde has said India should make keeping money abroad without permission an offence to force other countries to share information on illegal wealth stashed abroad.

    C M Ibrahim dares Ratan Tata to name the minister

    With Ratan Tata commenting that he was not comfortable with the idea of bribing a minister to enter the airline business, former civil aviation minister C M Ibrahim today asked the Tata Group chairman to name the minister.

    Budget 2012: Reinstate income tax exemption for infrastructure capital companies, says Assocham

    Industry body Assocham today called for reinstating income tax exemption for infrastructure capital companies and funds in Budget 2012.

    Flying a Rafale is an experience that money cannot buy, says billionaire Vikas Oberoi

    Vikas Oberoi, real estate magnate and aviation enthusiast, shares what it was like to fly the French fighter jet Rafale, in a once in-a-lifetime opportunity.

    Ybrant Digital close to acquiring US-based content company

    Hyderabad-based digital marketing company Ybrant Digital is close to acquiring a US-based content company in an all-cash deal.

    Obama visit rules search engine Google with maximum hits

    US President Barack Obama's India visit was widely tracked by netizens on Saturday, making his maiden trip to the country as the most searched item on Google.

    Obama visit rules search engine Google with maximum hits

    People searched for results like 'Obama visit to India', 'Obama in Mumbai', 'Obama Biography' as well as 'Air Force One', the aircraft in which Obama arrived.

    Union Budget 2012: Miners seek export levy, rail freight rationalisation

    Iron ore industry hopes to get some respite in the form of duty rationalisation in exports along with freight charges in Budget.

    New probe unlikely on Antrix-Devas deal

    The governnment appears to be in no mood to give in to former ISRO chairman G Madhavan Nair's demand for setting up a new panel to probe the controversial Antrix-Devas deal.

    Beijing has "no rights" to interfere in our domestic affairs, asserts India

    A day after China reacted sharply to Antony's visit to Arunachal, India said it took this matter "seriously", asserting Beijing had "no rights" to interfere in its domestic affairs.

    Mallya buys Rs 750 cr Monte Carlo island

    Mallya's penchant for cars, castles, horses, jets, yachts, game lodges & bling is well chronicled & it looks as if islands are his latest passion. Kingfisher Calendar '09

    Satya Nadella's appointment: India shines in US

    ndian students, especially IITians, started to arrive in ever larger numbers from 1966. They started to stand out among foreign students almost immediately.

    Recovery bud still to bloom for India's rose growers

    Weak consumer sentiment in global markets, notably Europe, continues to dampen hopes of a recovery for India's rose growers.

    Praful Patel request for probe in aircraft change by Air India

    Union Minister Praful Patel urged Civil Aviation Minister for a thorough probe into the change of aircraft by Air India allegedly to accommodate his family members.

    JP Morgan upgrades GVK Power to ‘overweight’; sees sharp price upmove

    JP Morgan has upgraded GVK Power & Infrastructure from ‘neutral’ rating to ‘overweight’ and increased the target price to 19 from Rs 12 earlier.

    Bill & Melinda Gates Foundation offers two MBA students Rs 4.8 lakh each for internship outside US

    The foundation has focused on Delhi and NCR (National Capital Region) in the first year, but has plans to cover more business schools next year.

    Infosys Q4 results: Here are five things to watch out for

    Analysts and other observers of the company will be expecting some news of the progress of Vishal Sikka’s “new and renew” strategy.

    Karnataka ministers quit, after caught watching porn in Assembly

    Three BJP ministers in Karnataka resigned on Wednesday, a day after they were caught watching porn clips in the Karnataka assembly

    India rejects Pak charge of funding Taliban

    India rubbished as "absurd" and "totally baseless" Pak's allegations.

    Osama bin Laden dead: Osama's neighbour Sohaib Athar tweets his way to celebrity status

    An Abbottabad cafe owner and technology consultant Sohaib Athar heard a helicopter hovering in his neighbourhood - an unusual incident to happen in the wee hours of Monday.

    World para games body suspends PCI for Ghaziabad fiasco

    J Chandrashekar said that the hardest hit by the suspension will be the para-athletes and the national body will request the IPC to reconsider its decision.

    TCS profit likely to surge 45% in third quarter

    Analysts expect Mumbai-based IT major TCS to report over 3.5% sequential growth in sales despite a weak season due to holidays and furloughs.

    Future Group to buy stake in Turtle, deal likely in 3-4 weeks

    The Future Group is in talks with Turtle Group to buy a stake in the Kolkata-based apparel maker, Future Group Chief Executive Officer Kishore Biyani said on Monday.

    A self imposed Lokpal: Political parties should announce a code of ethics for their members as a first step against graft

    Political parties should publicly announce and enforce a sound code of conduct and ethics policy for their members as a first step against graft.

    Living is dangerous; to the public health!

    Every breath of air you inhale, every morsel of food you chew could be injurious to your health unless adequate precautions are taken.

    Startups flourish with technology services for micro finance firms

    A new wave of start-up companies is building technology enabled services aimed at bridging the communication gap between borrowers and lenders in the embattled microfinance industry.

    Why popcorn business is booming in India, with high sales & margins and new investments

    Nationwide regularised production, sales and profit data on the popcorn business is tougher to find than a Bollywood movie with a tragic ending.

    Depositors in urban India not aware of interest rate: Nielsen

    A huge section of depositors in urban India are not aware of the interest rate they earn on their saving rate deposits.

    India has three of world's worst airports

    The navigational services and systems at most Indian airports are outdated by over decades when compared to other airports worldwide. World's Top 10 airports

    As Data Analytics spreads, specialists stake out turf

    Globally, demand for knowledge services is expected to grow to $7.5 billion by 2015, with India-based companies expected to deliver 3/4th of these services.

    Why government's push to make Aadhaar mandatory could erode public faith in Aadhaar-enabled payments

    Aadhaar — unlike Google or any other digital service —is compulsory in India, when the country doesn’t even have a data protection and privacy law.

    How a funding squeeze is driving entrepreneurs to abandon startups or scale down ambitions

    In 2015, some 140 startups folded up. A year later, over 200 shut shop, and this year more and more founders are discovering that starting a business is no walk in the park.

    Stock Guru fraud: Victims in Mumbai may number 1,000

    The Delhi police have estimated the scale of the fraud at over Rs 1,100 cr. They have frozen 94 bank accounts belonging to Stock Guru's office bearers.

    O K Balraj conferred 'Best CFO in Engineering & Capital Goods Sector' award by ICAI

    OK Balraj, Chief Financial Officer of Escorts Limited, was conferred the 'Best CFO in Engineering & Capital Goods Sector' by ICAI.

    As summer placements kick off, investment banks are not the flavour anymore

    Talent, quality and good grades never go out of fashion, even in recessionary times. Just look at the summer placement scenario across the Indian Institutes of Management (IIMs).

    New York's buys Pune firm True Sparrow in cash-and-stock deal

    The acquisition marks the first time a US-based e-commerce company has bought an Indian technology startup.

    BE Quiz: Genpact bags Delhi round, TCS wins Kolkata

    If the last three rounds of the Idea Brand Equity Quiz are anything to go by, this looks to be an exceptional year both in terms of teams and the questions they find themselves up against.

    LPG cap may be raised to 9 subsidized cylinders per household

    Widespread consumer complaints over the ongoing customer verification - KYC or know-your-customer - drive as well as pressure from within the Congress and opposition parties appear to have prompted a relook

    Inflation worries Cong as K’taka votes on May 9

    With less than 24 hours to go for the first phase of polls in Karnataka, the Congress’ hopes of staging a comeback in the southern state received a severe jolt on Friday as the rate of inflation continued with its upward climb, touching 7.61% for the week ending April 26.

    Gurunath Meiyappan also gave information on other teams to bookies: Police

    The report also reveals that Meiyappan bet Rs 1.1 crore on the Super Kings to lose against Rajasthan Royals on May 12, 2013.

    Cash-rich Infy finding difficult to acquire cos at right price

    Software major Infosys Technology is finding it difficult to acquire right firms at right price. India's top 10 BPOs I Rise of multinational IT I Key facts on India's IT

    Zynga to trim workforce strength; may outsource jobs to India

    Embarking on cost-cutting measures, the Nasdaq-listed entity would also be ending 13 older games besides reducing investment in 'The Ville'.

    BJP tames BS Yeddyurappa: Deadline for reinstating him as CM passes off without incident

    BS Yeddyurappa appeared to be a tamed man on Monday as his February 27 deadline for BJP ended without any signs of revolt.

    Karnatake CM's new TV channel goes on air

    The satellite channel, Kasturi, managed by H D Kumaraswamy's wife Anita offers a bouquet of entertainment programmes and news.

    Google, Yahoo's initiatives in non-English internet space gaining pace

    The myriad parts of the Internet space are shifting gears in the non-English language space.

    RETV plans intl foray, to enter tier II cities in six months

    Bangalore-based Real Estate Television (RETV) is planning to expand its footprint into south-east Asia, the Middle-East and parts of Europe, a top company official said.

    More and more people changing mobiles within 2 yrs: Study

    Also, with prices of mobile handsets coming down and disposable incomes going up, people are changing handsets too often.

    Heavy metal band Metallica concert postponed to tomorrow due to technical snag

    After the news of postponement was announced, disappointed fans tried to sabotage the venue. They broke barriers, climbed on stage and tore posters.

    Infosys whistleblower could get $5-8 mn from settlement

    Ex-Infosys employee Jack Palmer brought the whistle-blower lawsuit in 2011, saying that he had been punished by the company after he reported witnessing visa fraud.

    Land allotment issue: Bhardwaj slams Yeddyurappa on judicial probe

    Bhardwaj, who came close to suggesting that judicial probe was part of a cover-up effort, said the police alone can investigate the offence.

    TommyJams: Online networking forum that connects musicians and bands across India

    TommyJams, a 10-month-old Bangalore-based startup has built an online networking forum that connects musicians and bands across the country.

    Potato prices to fall on fresh arrivals

    Prices likely to dip 15-20% Across Major Mandis.

    Nexus Ventures Partners raises $270mn for its third fund

    Nexus Venture Partners has raised $270 mn for its third fund, joining a select group of VC firms that have raised capital this year.

    Post-Windows alliance, Nokia may show the door to many Indian techies

    For hundreds of Indian engineers, Nokia's alliance with Microsoft means uncertainty about future roles and immediate anxiety on job prospects.

    Continuous monitoring can help avoid cyber attacks

    Most of the services pushed by financial firms online have opened avenues for fraudsters to exploit vulnerabilities across transaction types, Wong said.

    Sania, Shoaib meet Indian HC; Shoaib's visa extended for year

    Newly-wed star couple Sania Mirza and Shoaib Malik on Friday met Indian High Commissioner Sharat Sabharwal, following which the Pakistani cricketer was granted one year visa extension.

    Infosys co-founder Narayana Murthy has clearly articulated Rohan Murty's role: SD Shibulal

    Rohan's term as executive assistant is co-terminus with that of Narayana Murthy and he had requested a token compensation of one rupee a year.

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