Indian rupee to stabilize at current levels as speculation has died down -...
With bulk of the speculative activity around rupee value in the foreign exchange market ebbing away, the dollar value is not likely to go beyond 62-63 even after RBI withdraws the temporary measures...
View ArticleMutual funds in India have a record month as market scales peak, RBI loosens...
The Indian mutual fund industry’s month-end assets under management (AUM) posted its fastest month-on-month percentage growth since April 2013 and was up by nearly 12% to Rs 8.34 trillion (Rs 8,34,000...
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Analysts happy with fall in imports by India, growing exports
India’s exports kept up the pace for the fourth straight month by expanding at 13.5% -a 24 month high. Imports too declined in Oct’13, though the pace slowed down a little. Non-oil imports declined by...
View ArticleIndian banks to be hit by Microsoft XP end of life
Microsoft revealed the results of a startling study of the banking sector in India today. Conducted by Ascentius Consulting, the study revealed that some 34,115 Indian PSU bank branches are at risk,...
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Asus Transformer Book T100 and other Bay Trail systems hit Indian store shelves
The first of Intel’s latest generation low-cost all-day computers based on the Bay Trail platform have hit the Indian market, starting with the two-in-ones - Asus Transformer Book T100 and HP Pavilion...
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Toyota's India sales decline in November, exports up
Toyota reported a 12% jump in India vehicle sales in November compared to a year ago, but India sales declined year on year.Most of the increase was because of strong exports. India sales fell by about...
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Harley-Davidson crosses 4,000 bikes in India, 12 dealerships
Harley-Davidson, arguably the world's most popular cruise bike brand, has sold 4,000 of its bikes in India in the first three years of its operations in India.The company, which opened its first...
View ArticleDelhi Assembly Elections Live Results - AAP set to emerge as second largest...
The fledgling political party started by activist Arvind Kejriwal got off to a good start, with both BJP and AAP leading in 2 seats each according to the initial trends in Delhi Assembly polls today...
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Can Arvind Kejriwal deal with his own success? Will AAP burn out?
A lot of people were wondering whether there would be any future for the Aam Aadmi Party (AAP) if they failed to win at least five seats in the Delhi Assembly elections.Some of that worry dissipated...
View ArticleCharu Deshpande Death: Court to hear bail plea of accused on Wednesday
The bail plea of Prabhat Sharma, the Tata Steel official who has been booked for abetment to suicide, will come up for hearing in the Vasai sessions court on the outskirts of Mumbai tomorrow.The case...
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Motorola Moto G priced at Rs 15,137 in India, DataWind launches cheapest...
Shopyourworld.com, a website that sells imported items in India, has become the first to launch Google's Motorola Moto G smartphone in India, marking the return of the brand after a long...
View ArticleAAP asks Anna to drop fast, join them
Warning against 'agents of the Congress and the BJP', the Aam Aadmi Party has called upon social activist Anna Hazare to give up his fast and join the electoral movement."While expressing our full...
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Don't see a bubble in real estate - HDFC CEO
While housing prices in some markets in the country may see a correction, overall, property prices are not in a bubble situation, Keki Mistry, CEO of the Housing Development Finance Corporation (HDFC)...
View ArticleReal Estate Industry sees no respite in H1 2014 - Survey
There seems to be no respite in the offing for India’s real estate sector at least during the first half of the calendar year 2014, believe majority of players in the realty sector, highlighted the...
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LG G Pad 8.3 Play Edition available in India at a price of Rs 30,000
One of the most powerful tablets in the market today, the LG G Pad 8.3 Google Play Edition - has been launched in India by shopyourworld.com at a price of Rs 30,000.The 8.3 inch tablet comes with a...
View ArticleIndian GDP growth to pick up in 2014, inflation to fall - D&B
Corporate and financial information provider Dun & Bradstreet said India's GDP growth is likely to pick up pace in the new year, rising to 5.5% compared to its estimate of a 4.8% GDP growth in...
View ArticleIdea Cellular cuts post-paid rates to as little as 22 paise per minute
Idea Cellular has copied the post-pay plans of Bharti Airtel to announce a new flexible billing scheme for its customers.India, where over 95% of mobile subscribers are on prepaid schemes, has not...
View ArticleONGC buys 35% stake in Brazil field coveted by Sinochem
ONGC Videsh, India's government-owned overseas petroleum company, increased its stake in Block BC-10, a deepwater offshore block in Campos Basin of Brazil, by 12% to 73%, the company said, blocking a...
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To counter iPhone scheme, Samsung offers buy-back, EMI scheme
With a view to counter the attractiveness of Reliance Communications' emi scheme for Apple iPhone and clear out existing stocks, Samsung has also tied up with credit card companies and Ingram Micro to...
View ArticleAnaljit Singh explains Vodafone stake valuation
Analjit Singh, Chairman of Max India Group, dispelled suggestions that he was not paid his due share when Britain's Vodafone Plc increased its stake in the company's Indian arm to 100%.Singh said his...
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Indian IT professionals' billing rates likely to dip this year to $74.7 per hour
Indian IT professionals are likely to earn less dollars per hour this year as some IT companies have opted to compete by passing on the benefits of rupee depreciation, DHL said, quoting Crisil...
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TCS to set up world's biggest corporate training center in Kerala, beat...
Tata Consultancy Services, which employs nearly 2.85 lakh people, said it would set up the world’s largest corporate training center in Thiruvananthapuram in Kerala, overtaking Infosys's Mysore...
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HP Pavilion Touchsmart 11-H009TU - best hybrid computer to launch in India
Flipkart has launched arguably the best convertible laptop-cum-tablet device in India - the HP Pavilion Touchsmart 11-H009TU.The Touchsmart 11-H009TU will compete against the Asus T100, which was...
View ArticleSnapdeal offers same-day delivery
Snapdeal.com has launched a same day delivery service which will allow consumers to get products ordered from Snapdeal to be delivered on the same day. All orders booked by or before 1PM will be...
View ArticleInfosys results do not imply bullish outlook on TCS, Wipro, HCL Tech
Infosys Ltd reported an impressive set of numbers of Friday, sending not just its own stock, but also those of other IT companies such as Tata Consultancy Services Ltd, HCL Technologies Ltd, Wipro Ltd...
View ArticleBharti Airtel raises a further Rs 2100 cr ahead of spectrum auction
Bharti Airtel Ltd said it has raised a further 250 million euros (Rs 2,100 cr) by reopening an earlier bond issue, preparing itself for the upcoming spectrum auction.Airtel has already raised 750 mln...
View ArticleLoop Mobile - what will happen when its spectrum expires in November?
Loop Mobile has chosen the unexpected option of not participating in the upcoming spectrum auction, even though its spectrum and license will expire in November.That means the company is taking a big...
View ArticleHCL results slightly ahead of expectations due to Infra revenue
HCL Technology's 3% constant currency growth in revenue in the December quarter was slightly above estimates, as the market was looking at about 2.8% constant currency growth.Rupee revenue growth was...
View ArticleTCS stock likely to decline on Friday due to results
Tata Consultancy Services reported a third quarter only mildly below expectations, but the stock is likely to see some profit booking on Friday.TCS reported dollar revenue growth of 3% quarter on...
View ArticleOver 40% of advertised jobs were in IT-BPO sector - Survey
Cornering over one-fourth share of the total number of new jobs advertised on portals and newspapers, Delhi-NCR has emerged on top with over 1.39 lakh new jobs created during the calendar year 2013,...
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