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Ericsson

Ericsson to pay over $1 billion to resolve US corruption probes

The bribery took place over many years in countries including China, Vietnam and Djibouti, the department said. Dec 7, 2019
Kenichiro Yoshida, President and CEO, Sony Corporation (left), and Satya Nadella, CEO, Microsoft

Who will blink first? India-US in staring match over taxing Internet downloads

India may ignore US warnings of trade sanctions and impose import duties on 'electronic transmissions' like software, movie and music downloads and streaming before the year-end; New Delhi and Pretoria threaten to end 20 years of WTO ban on taxing international downloads Dec 7, 2019
DHFL

Will DHFL depositors have respite as administrator seeks all creditors' claims?

RBI-appointed official has asked creditors including depositors to submit their claims before December 17; depositors asked to choose one of the three authorised insolvency professionals Dec 7, 2019
Vodafone store

Vodafone Idea to shut if it doesn't get relief, says company chairman

The Supreme Court in a recent verdict allowed the Centre to recover Rs 92,641 crore in total AGR from telcos, which impacts Airtel and Vodafone Idea the most. Dec 6, 2019
Saudi Aramco

Saudi oil giant Aramco announces world's largest IPO

Aramco had previously announced that its shares would not be offered in the United States, Australia, Canada or Japan. Dec 6, 2019
sensex nifty

Market today: Nifty, Sensex gain ahead of expected interest rate cut

Nifty has risen 7.7% and Sensex has gained 8.43% since the last rate cut in October, mainly due to measures such as reducing the corporate tax rate and expectations of more stimulus. Dec 5, 2019
IndiGo

No need for speed: Why Indigo is telling its pilots to stop pushing its new Jet SE engine to limit?

The company has directed its pilots not use more than 93% thrust on the Pratt engines of the A320neo-family of jets until they reach 25,000 feet Dec 3, 2019
Reliance Jio

Mobile phone service rates revision: How much will your monthly bill go up?

As telecom service providers Reliance Jio, Vodafone Idea and Bharti Airtel announce rate increases your mobile phone bills may go up at least 40%; government says the increase will not hurt the customers Dec 3, 2019
HDFC Bank

Pay Day-Pay Day! HDFC Bank Online Services Down

HDFC Bank's digital services, including NetBanking and MobileBanking, are down and there's no exact ETA on their restoration status. Dec 3, 2019
idea cellular share price, idea cellular vodafone merger, aditya birla group, bharti airtel share price, reliance jio, indian telecom sector

Vodafone Idea announces new tariff plans to cover AGR costs: Plans you can avail

Vodafone Idea had stated that it would increase its tariff from December 1. Dec 1, 2019
Subramanian Swamy

FM Nirmala Sitharaman doesn't know economics, says Subramanian Swamy

Swamy said that Modi's advisors were too afraid to tell him the truth about the economic recession. "The Prime minister knows nothing about it. He is being told 'wonderful growth rate'," Swamy said. Dec 1, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: Lending rates, auto sales to set equities trends

The direction of foreign fund flows, rupee's movement against the US dollar as well as global crude oil prices will affect investor sentiment. Dec 1, 2019
Maruti Suzuki plant in Gurugram

Maruti Suzuki achieves landmark 20 million cumulative sales in India

The company accomplished this landmark number in less than 37 years of selling its first car in December 1983. Dec 1, 2019
wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

No hallmark, no gold sales: India makes gold jewellery hallmarking mandatory from mid-January

Hallmarking will be mandatory from January 15, but a period of one year will be allowed to set up new hallmarking centres and to clear jewellers' existing stocks. Nov 30, 2019
Jewar airport project bidding

Will GMR take Delhi's second airport by right of refusal as Swiss firm wins bid?

Zurich Airport International AG beat GMR and Adani Group by quoting highest per passenger rate for developing first phase of Jewar airport, expected to be India's largest. Nov 30, 2019
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