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Rupee hits near 1-1/2 year high; bonds rally, shares fall

The rally in the rupee sent IT shares lower, with Tech Mahindra Ltd down 2.2 percent and HCL Technologies Ltd down 1.9 percent.

Mar 27, 2017

Budget regional airlines, a step closer to reality; five airlines win bids for UDAN flights

The fares of UDAN flights have been capped at Rs 2,500 per hour, as per the regional connectivity scheme unveiled by PM Modi.

Mar 26, 2017

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Google Hangouts will stop supporting SMS and Google Talk killed; where will your messages go now?

Google recently announced Hangouts Meet and Hangouts Chat, hinting that the SMS service would leave Hangouts and Google Talk killed.

Mar 25, 2017

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Grab likely to raise $1.5 billion in latest funding round led by SoftBank: Report

Founded in 2012, ride-hailing company Grab is present in seven countries, including Singapore, Thailand, Malaysia and Myanmar.

Mar 25, 2017

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Windows 10 update destroyed data, claim 3 persons in lawsuit against Microsoft

One of the petitioners says his computer became non-functional after he consented to the Windows 10 update.

Mar 25, 2017

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Formula 1 in numbers

Ahead of the new Formula 1 season, we take a look at some of the numbers behind the car racing championship.

Mar 25, 2017

SBI Life Insurance gears up for IPO

SBI Life Insurance's paid-up share capital is 100 crore equity shares, having a face value of Rs 10 each.

Mar 25, 2017

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SoftBank invests $300 million in WeWork, Amazon buys Souq for $650 million

WeWork is a co-working and office space provider while Souq is a UAE-based, e-commerce company. SoftBank and Yahoo also invest in Japan's self-driving bus project SB Drive.

Mar 25, 2017

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Oxa Medical, Adurcup, Mobisy Tech raise funds to drive growth

Adurcup raised $325,000 in pre-Series A funding and Mobisy Tech received $382,000; Oxa Medical did not disclose the amount.

Mar 25, 2017

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Sebi bans Reliance Industries from equity derivatives market for a year

Mukesh Ambani-owned Reliance Industries has also been directed to pay nearly Rs 1,000 crore for alleged fraudulent trading in a 10-year-old case.

Mar 25, 2017

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GVK sells 33 percent stake in Bengaluru airport to Fairfax

Infrastructure company GVK Ltd announces the sale of 33 percent of its 43 percent equity stake in Bangalore International Airport Ltd to Canadian investment firm Fairfax for Rs 2,202 crore.

Mar 25, 2017

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Uber reviews India leasing scheme as driver incomes drop: Sources

Uber had planned to buy 15,000 new cars last year and lease them out in a bid to attract more drivers.

Mar 24, 2017

Keystone XL Pipeline: Trump approves controversial US-Canada oil pipeline rejected by Obama in 2015

Keystone XL Pipeline will span nearly 1,200 miles across six US states, moving over 800,000 barrels of carbon-heavy petroleum daily from Canadian oil sands through Nebraska to refineries on the Gulf Coast.

Mar 24, 2017

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Is Tinder good for meeting someone? The numbers say no

Is Tinder an effective way to meet someone? Youd think so with almost 50 million active users and over a billion swipes per day. Despite its popularity, it may not be a good way to meet someone. Only 29.2% of users said they made IRL plans with someone. So if its not that effective...why are so many using it? Only 4.16% of users are looking for a relationship, 22% were looking for a hook up; 44.44% used it to boost their egos, or, as they put it, confidence-boosting procrastination. 29% said they were using it for other reasons. These numbers are unique to Tinder, on other online dating sites, 66% of users have met someone. If youre looking for love, swipe left on Tinder.

Mar 24, 2017

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Offensive content on Google, YouTube: AT&T and Verizon pull out ads, will India Inc. follow?

AT&T and Verizon have suspended their ads on Google and YouTube on concerns over offensive content on the two platforms.

Mar 24, 2017

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