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Jio users' reliance on Wi-Fi is lowest across globe

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

Jio is also working on a new tariff plan that will be valid till June 30 and would provide data at a nominal Rs 100, combined with free voice calls. Jan 19, 2017
cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

NCLT rejects Cyrus Mistry's contempt plea against Tata Sons

The NCLT division bench has given Mistry family firms liberty to file affidavit three days from the date of the EGM. Jan 19, 2017
India insurance

Cabinet clears public listing of 5 state-run general insurance companies

New India Assurance Co, United India Insurance, Oriental Insurance, National Insurance Company and General Insurance Corp would be publicly listed. Jan 18, 2017
India mobile

Videocon to exit spectrum-oriented businesses by shutting down services in Punjab from Feb 15

Punjab was the only telecom circle where Videocon was still in operation after the telco sold its spectrum to Bharti Airtel for Rs 4,428 crore last year. Jan 18, 2017
Lufthansa flight cancellations

Sources deny Lufthansa-Etihad stake deal: Report

69 percent of Germany-based Lufthansa is owned by German investors, 13 percent by US investors and 9 percent by other nationalities. Jan 18, 2017
salman khan, salman khan acquittal, mandhana retail ventures, mrvl share price, being human

Mandhana Retail Ventures spurts on Salman Khan's acquittal

Products of Salman Khan's Being Human NGO are sold by Mandhana Retail Ventures whose shares rise after the actor's acquittal by a Jodhpur court. Jan 18, 2017
Qualcomm

Qualcomm slapped with US antitrust suit for unfair trade practices

The US agency also accused Qualcomm of refusing to license some standard essential patents to rival chipmakers and of entering into an exclusive deal with Apple Inc Jan 18, 2017
Snapdeal

Snapdeal's FY16 losses increase two-fold to Rs 2,960 crore

One of the many reasons for the losses is that Snapdeal is losing market share to rivals Flipkart and Amazon. Jan 18, 2017
Rolls-Royce Holdings

Rolls-Royce to pay $817 million in penalties to settle bribery charges

Rolls-Royce Holdings reached an agreement with US, UK and Brazil authorities over allegations that it hired commercial agents to secure high-value contracts in several countries. Jan 17, 2017
bat, reynolds, bat reynolds deal, reynolds cigarette, bat cigarette, itc share price, global cigarette consumption

British American Tobacco gets full control of US rival Reynolds in $49.4 billion deal

Reynolds shareholders will get $29.44 in cash and 0.5260 BAT ordinary shares for each share held; deal makes BAT the world's largest listed tobacco company. Jan 17, 2017
brillio avp

Interview: Data monetisation could become a new business opportunity for banks, says Manoj Kalyan, AVP at Brillio

In an exclusive interview with International Business Times, Manoj Kalyan of global tech consulting company shares his views on big data. Jan 17, 2017
Casino

Delta Corp shares spurt on receiving Gangtok casino license; Reliance Industries down 3% after Q3 results

Reliance Industries reported a net profit of Rs 8,022 crore in the December quarter while its gross refining margin increased to $10.80 a barrel. Jan 17, 2017
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

SBI Card says demonetisation has increased spends by 30%

The rise was recorded despite a fall in certain other segments such as jewellery, fuel and other discretionary spending. Jan 17, 2017
Maruti Suzuki Ignis

Nomura reiterates Buy on Maruti Suzuki after 'premiumisation' launch of Ignis

Factoring in Ignis sales volume for FY17 and FY18, Nomura reiterated its target price of Rs 6,576 for the MSIL stock, up 14% from Rs 5,777 currently. Jan 16, 2017
Mathematics, learning maths, maths

Interview: PiCirql online education program is revolutionising 'monster' maths

The aim of the new program is to make maths exciting, challenging and relatable, Mridula Naresh told International Business Times, India. Jan 16, 2017
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