Business news

Crossed wires for telecom: IUC cut by the regulator is a flawed antidote

For incumbent operators, the charge which is collected while allowing calls from rival networks to terminate on their users forms 9-15 per cent of their consolidated revenues.

Sep 29, 2017

IUC: Trai opposes urgent relief for Idea, Airtel over IUC

Airtel and Idea had on Thursday challenged Trai's decision to slash IUC rate in the Bombay High court

Sep 29, 2017

Theresa May bitterly disappointed with Bombardier tariff decision

U.K. Prime Minister Theresa May says she is and amp;#39;bitterly disappointed and amp;#39; at the U.S decision to impose a 210% tariff on Canadian plane maker Bombardier.The wings for Bombardier C series planes are made in Northern Ireland. This ruling could threaten over 4000 jobs.Theresa May and amp;#39;s minority conservative government also relies on the Northern Irish DUP party to stay in power.The Prime Minister has personally asked U.S. President Donald Trump to help find a solution.

Sep 28, 2017

Dramatic footage shows shootout with Sacramento police results in suspect killed

Police video footage released this week shows a homicide suspect being shot and killed in Sacramento, California on the Sept. 7, 2017. The suspect who was wanted in connection with a fire that killed two people gets out his car and stars firing at the police officers. Five officers returned fire and killed the suspect. Two police officers sustained injuries.

Sep 28, 2017

China unveils worlds first commercial amphibious drone

The U650 drone is about 20 feet long, weighs about 750kg, and has a range of over 2,000km at 180kmh. It can carry a range of cargo from cameras and survey instruments, to medical supplies and even small ordnance.

Sep 28, 2017

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Dalal Street bleeds: Sensex hits 3-month low, investors pull out Rs 6 lakh crore

With Wednesday's trade, the Indian equity market fell for the seventh straight session. The Sensex lost 1,270 points, or 3.91 percent during the period.

Sep 27, 2017

High-level exits: Infosys senior VP and head of technology Navin Budhiraja quits

Budhiraja's exit can impact the company's ambitious plans to monetize and scale up business from its artificial intelligence-powered platform, Infosys Nia.

Sep 27, 2017

Anil Ambani flags 'creative destruction' of telecom sector

Sector under stress, and banks are not lending he says, pointing out that many operators have seen value erosion and large losses over the past year.

Sep 26, 2017

Buying an iPhone 8? Here are some offers you should look at

Citibank and Jio, and online retailers Flipkart and Amazon have lined up impressive exchange and buyback deals.

Sep 26, 2017

SBI reduces penalty for non-maintenance of minimum balance

SBI has lowered the penalty on savings accounts for non-maintenance of minimum balance while exempting the accounts of minors and pensioners. Read to know more.

Sep 26, 2017

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GDP share of exports in Q1 slumps to 14-year low at 19.4%

Share was 20% in fiscal 2017; exports rose just 1.2% in Q1 despite strong rebound in global trade in goods and services.

Sep 26, 2017

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Air India taps Rs 6,000 crore loan amid disinvestment plans

The airline is facing cash deficit and the loans from the government will offer some short-term relief and meet the immediate capital requirements.

Sep 26, 2017

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Some ghee in your decaf? Creative usage by overseas customers boost Indian brands

E-commerce platforms like Amazon sell ghee to US consumers who use ghee mostly to make "bullet-proof coffee".

Sep 26, 2017

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GST impact, subdued business activity push Nifty below 9,900, Sensex drops around 300 pts

Clearly, both the initiatives (GST and demonetisation) had a more severe impact than what we have imagined, says Harsh Mariwala.

Sep 25, 2017

Infosys Foundation to set up Rs 5-crore R&D war-chest for IISc

The funds will be used in research, training and creating awareness about infectious diseases that will also benefit 25 faculty members and 250 students of the institute.

Sep 25, 2017

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Business news

Crossed wires for telecom: IUC cut by the regulator is a flawed antidote

IUC: Trai opposes urgent relief for Idea, Airtel over IUC

Theresa May bitterly disappointed with Bombardier tariff decision

Dramatic footage shows shootout with Sacramento police results in suspect killed

China unveils worlds first commercial amphibious drone

Dalal Street bleeds: Sensex hits 3-month low, investors pull out Rs 6 lakh crore

High-level exits: Infosys senior VP and head of technology Navin Budhiraja quits

Anil Ambani flags 'creative destruction' of telecom sector

Buying an iPhone 8? Here are some offers you should look at

SBI reduces penalty for non-maintenance of minimum balance

GDP share of exports in Q1 slumps to 14-year low at 19.4%

Air India taps Rs 6,000 crore loan amid disinvestment plans

Some ghee in your decaf? Creative usage by overseas customers boost Indian brands

GST impact, subdued business activity push Nifty below 9,900, Sensex drops around 300 pts

Infosys Foundation to set up Rs 5-crore R&D war-chest for IISc

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]