Business News

Last updated: Saturday, March 25, 2017 8:38:05 PM

'Smart lights to become largest IoT devices in next 5-10 years'
New Delhi, March 23 (IANS) With cheaper and smarter lights fast replacing incandescent bulbs and compact fluorescent lamps (CFL), smart connected lights will become one of the largest internet of things (IoT) devices in the next five to 10 years, Harshvardhan Chitale, Vice Chairman and Managing Director, Philips Lighting India, has predicted.

Thursday, March 23, 2017 12:32:03 PM

Cabinet nods Rs 1,000-cr initial corpus for Fund of Funds for Start-ups
New Delhi, March 22 (IANS) The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved Rs 1,000-crore initial corpus for the Fund of Funds for Start-ups (FFS), which was established in June last year.

Wednesday, March 22, 2017 10:46:08 PM

Union Cabinet nod to amendments to Nabard Act
New Delhi, March 22 (IANS) The Union Cabinet on Wednesday approved amendments to the Nabard Act to increase its authorisd capital from Rs 5,000 crore to Rs 30,000 crore, an official statement said.

Wednesday, March 22, 2017 10:32:05 PM

SBI-Mahila Bank merger on April 1: RBI
Mumbai, March 22 (IANS) The Bharatiya Mahila Bank will be merged with the State Bank of India on April 1, along with five associate banks, the Reserve Bank of India (RBI) said on Wednesday.

Wednesday, March 22, 2017 8:28:03 PM

Tax commercial, domestic gas equally under GST: Auto LPG body
New Delhi, March 22 (IANS) With the Goods and Services Tax (GST) slated for implementation from July 1, the Indian Auto LPG Coalition (IAC) has urged rationalisation in duties of domestic and commercial liquefied petroleum gas (LPG) to encourage use of environment-friendly auto LPG and prevent diversion of domestic fuel for commercial use.

Wednesday, March 22, 2017 7:20:03 PM

Ookla claims data accuracy, Jio says data contaminated
New Delhi, March 22 (IANS) Clarifying on its testing method, broadband speed tester Ookla on Wednesday said data accuracy and neutrality is of utmost importance and the company goes to great lengths to ensure that the information collected on any Speedtest internet test is verifiably correct.

Wednesday, March 22, 2017 6:24:03 PM

Indian equities slide on negative global cues (Roundup)
Mumbai, March 22 (IANS) Indian equity markets on Wednesday slipped for the third consecutive trade session, as investors' sentiments were dented on the back of negative global cues, coupled with a weak rupee and heavy selling pressure in automobile, consumer durables and banking stocks.

Wednesday, March 22, 2017 6:04:03 PM

GoDaddy launches 'Website Builder' for small businesses in India
New Delhi, March 22 (IANS) Global Web-hosting company GoDaddy on Wednesday launched a new mobile-friendly "Website Builder" in India to help small businesses and entrepreneurs grow their ventures.

Wednesday, March 22, 2017 4:14:05 PM

Indian equities slide on negative global cues
Mumbai, March 22 (IANS) Indian equity markets on Wednesday slipped on the back of negative global cues and heavy selling pressure in automobile, consumer durables and banking stocks.

Wednesday, March 22, 2017 4:00:04 PM

Nestle India commits to water stewardship, cuts use by 53%
New Delhi, March 22 (IANS) On the occasion of World Water Day, Nestle India on Wednesday said it has reduced its water consumption by 53 per cent and waste water discharge by 55 per cent for every tonne of production during the last 15 years as a commitment towards responsible water stewardship.

Wednesday, March 22, 2017 3:50:03 PM

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