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Novartis

Four pharma firms under CCI scanner over price fixing of popular diabetic drug

The regulator is also trying to find out if the senior executives of the companies are involved with the price fixing of Vildagliptin, the anti-diabetic drug. Dec 14, 2017
Reliance Jio

Reliance Jio starts phone production in India after facing supply issues in China

Currently, Jio has over 145.96 million users as the company continues to gain market share, putting older players such as Airtel, Vodafone, Idea under much stress to retain their business. Dec 14, 2017
gst on hotels, gst on restaurants, 5 star hotels, luxury hotels, gst on 5 star hotels, gst hotels 18%, gst hotels 28%, gst council, fm arun jaitley

PanCard Clubs allegedly cheated 50 lakh middle-class investors of Rs 7,000 crore in Mumbai

If the allegations proves correct then this will be known as the biggest-ever investment cheating case in Mumbai. Dec 13, 2017
Bitcoin Gold

I-T dept conducts surveys at Bitcoin exchanges across India

Last week, the Reserve Bank of India (RBI) had warned public that it has not given any licence to anyone to operate such virtual currencies. Dec 13, 2017
gdp, india gdp, gdp fy18 forecast, smes, small medium enterprises, sme survey, american express survey for sme, india news, gdp forecast, gdp projection

November industrial output growth should rebound, but inflation pressures likely to sustain, says Nomura

The higher inflation number is mainly led by higher food prices (vegetables, eggs) and fuel (LPG). Dec 13, 2017
Protest against mass IT layoffs in Hyderabad

Verizon lays off over 1,000 employees in India; workers seek help from IT Union

Experts had predicted layoffs at Verizon since its merger with AOL and Yahoo earlier this year. Dec 13, 2017
Reliance Jio

Reliance Industries likely to come up with Reliance Jio IPO soon

Mukesh Ambani is currently has been holding internal meetings to discuss the nitty-gritty of the IPO and the company is expected to list Jio as early as next year. Dec 13, 2017
NCLT

SC stays NCLT decision to allow govt to take over Unitech management

"If the Union government intended to move the NCLT, it must have taken permission from us as we have been seized of the matter," said a SC bench headed by Chief Justice Dipak Misra. Dec 13, 2017
India telecom operators

Vodafone and Idea initiate talks on deal closure; discussions revolve around losses

The discussion of the merger deal revolves around how to work on Idea's losses incurred since the announcement of the deal in March and how to fund them. Dec 13, 2017
Xiaomi Mi Mix 2, Review, display, design, performance

Xiaomi plans to sell electric vehicles and many other consumer products in India

The company also plans to enter India's payments bank business. Dec 12, 2017
apple-inc

Apple buys music-recognition app Shazam; all you need to know

Cupertino-based technology major Apple has acquired music-identification app company Shazam for $400 million. Dec 12, 2017
SBI

SBI changes IFSC codes and names of about 1,300 branches

The customers holding SBI accounts have been informed about the change in IFSC codes. Dec 11, 2017
Unitech Managing Director Sanjay Chandra

Unitech approaches SC against NCLT order; shares surge as govt take over of management imminent

Shares of Unitech rose as much as 20 percent after the NCLT authorised the government to change the board of the company. Dec 11, 2017
Amazon

Amazon India's sales volume soars 67 percent in September quarter

Amazon also claimed that it grew much faster than its biggest home-grown rival Flipkart in the April-September period. But what do Indians prefer Amazon or Flipkart? Dec 11, 2017
Air India flight

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India. Dec 11, 2017
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