Business news

IBM's Sequoia Reigns as World's Fastest Supercomputer

IBM's Sequoia has claimed top spot as the most powerful supercomputer on the planet, beating Fujitsu's K Computer to second position.

Jun 19, 2012

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JFX Online Trading Walks You Through Investing Hurdles

As the founder of Geneva-based Synthesis Bank, acquired recently by Saxo Bank, Charles Henri Sabet is eager to share his 20-year expertise on foreign exchange trading in a new business--JFX.com.

Jun 19, 2012

Petrol Price Rollback By ₹2 On the Cards

State-owned oil companies may decide a cut in petrol prices by INR 2 following a review on fuel prices scheduled on Friday.

Jun 15, 2012

Nokia May Lay Off 10,000 Employees By 2013 End, Shutting Down Manufacturing Plants

Mobile Titan Nokia may terminate 10,000 of its employees along with plant shutdowns as part of the company's biggest financial overhaul amid mounting losses long incurred over the years.

Jun 14, 2012

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Google And Amazon Fighting For New Web Domains From ICANN

Technology giants Amazon and Google have locked horns in a fierce battle over the influx of new domain names that would hopefully break the monotony of the .com or the .org era.

Jun 14, 2012

Diesel Cars May Turn Costlier, Special Tax of ₹255,000 On Cards

Oil Minister S Jaipal Reddy recommended a hike in excise duty to be imposed on diesel-based vehicles. The proposed levies, it is said, will be as steep as INR 255,000 for sedans and sports or multi utility vehicles, while smaller vehicles will be slapped with an excise tax of INR 170,000.

Jun 13, 2012

Sony SmartWatch To Launch in India With ₹6,299 Price Tag

Sony Inc. has finally decided to launch its SmartWatch across retail stores in India at an approximate INR 6,299.

Jun 10, 2012

Motorola Defy XT, Defy Mini Launched in India at ₹16, 190 and ₹11, 490

Motorola Mobility on Thursday unveiled its Defy series of smartphones, the Defy Mini which will be sold June 20 and the Defy XT which is made available as of immediately across retail stores in India.

Jun 8, 2012

Google Maps Debuts 3D Mapping Technologies Amid Alleged Fallout with Apple [VIDEO]

Google Inc. is set to take the world with its new digital mapping technologies that will incorporate several new features to help significantly ramp its existing Google Maps application.

Jun 7, 2012

Facebook Launches Mobile Ads in News Feed; Seeks Revenue Boost After Disappointing IPO

Facebook Inc. on Tuesday went live with advertisements on the mobile platform, in a bid to expand revenue prospects through increased marketing to smartphone users.

Jun 6, 2012

India Ranks Third in World Realty Price Rise; Global House Price Index Stung By Europe Woes

India has bagged third position among 53 countries where realty prices are high, with the nation witnessing a 12 percent surge in property prices during the first quarter of the year

Jun 6, 2012

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Google Acquires Social Media Startup Meebo

Internet and Software giant Google will soon acquire social media startup Meebo Inc. in a bid to widen its social networking capabilities across the Internet.

Jun 5, 2012

India's Top Ten Most Fuel Efficient Cars to Beat the Petrol Price Hike

Just when the average Indian seemed to make peace with petrol costs on their gas guzzling vehicles, the steep hike in petrol prices which took effect this month spurred consumers across the nation to rethink their auto-budget. Keeping fuel economy in mind, here are ten of the best fuel efficient diesel cars that won't kill at the pump

Jun 3, 2012

Nokia PureView 808 India Launch on June 6: Given Samsung Galaxy S3's Unexpected Pricing, Will 808 Breach ₹30,000 Price Tag?

Nokia is finally set to officially launch its highly anticipated PureView 808 on June 6 in retail stores across the country. The details on pricing are yet to be disclosed