NEW DELHI (TIP): Baba Ramdev promoted Patanjali Ayurved has become the third largest seller of FMCG products at the shelves of Kishore Biyani-led Future Retail. “Patanjali has become number three in sales at Future Retail’s […]
NEW DELHI (TIP): Close on the heels of the Narsingh Yadav+ controversy, another athlete banned for doping has moved Delhi High Court alleging foul play. Sumati Devi, a national level weightlifter who is facing a […]
NEW YORK: Top economist and RBI’s former deputy governor Rakesh Mohan has been named senior fellow at the prestigious Yale University’s institute for global affairs. Mr Mohan will join the 2016-2017 class of 15 Senior […]
Eastman Kodak company, known for its films and cameras, on Thursday forayed into the HD LED TV business by entering into a partnership with Noida-based Super Plastronics Pvt Ltd (SSPL). SPPL, which manufactures TVs under the […]
COIMBATORE: ICICI Bank on Thursday unveiled a payment service that uses a smartphone keyboard. Christened ‘iMobile SmartKeys’, this feature enables ‘iMobile’ users to make quick and secure payments on any mobile application including chat, messenger, email, […]
NEW DELHI (TIP): Singapore Telecommunications (Singtel), the largest shareholder in Bharti Airtel, is consolidating its equity in the country’s top mobile operator by buying out Singapore’s sovereign wealth fund Temasek’s holding for $659.5 million (over Rs […]
NEW DELHI (TIP): Moody’s Investors Service has retained India’s growth forecast at 7.5 per cent for 2016 but revised upwards estimates for China to 6.6 per cent citing strong fiscal and monetary support. In its […]
MOSCOW/DUBAI (TIP): Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia, the world’s top oil producer, as it gets ready for tough […]
LONDON (TIP): Britain may remain a member of the European Union (EU) until 2019, a year longer than previously estimated, a media report said on Sunday. Prime Minister Theresa May has been expected to enact […]
San Diego based deep learning startup Nervana Systems, headed by Indian Americans, has been acquired by Intel as per media reports. According to media reports – Intel is buying deep learning startup Nervana Systems for $350 […]
LONDON: Disruptions in phone connectivity in disaster-hit areas could soon be a thing of the past — thanks to a device developed by an Indian-origin student at Britain’s Staffordshire University. The new device known as […]
MINEOLA, NY (TIP): As part of his continued efforts to help homeowners reduce their property tax burden, County Executive Edward Mangano will be hosting a series of Property Tax Exemptions Workshops in September at libraries […]
BOSTON (TIP): Sundar Pichai, Chief Executive Officer of Google, and General Growth Properties CEO Sandeep Mathrani are the two highest-paid Indian-American executives in the United States, earning a whopping $100.50 million and $39.25 million respectively, […]
Prime Minister Narendra Modi on Monday, August 8, spoke on the Good And Service Tax (GST) bill in the Lok Sabha, here is how he defined this newly passed billed in the lower house. Our […]
NEW DELHI/MUMBAI (TIP): While Rajya Sabha was debating the amendment to the Constitution for rolling out Goods and Services Tax (GST), the top management of a large company was closeted with consultants from a global tax […]
BERLIN (TIP): A year of high-profile sports sponsorship has so far paid off for Adidas, with sales at its core brand up 25 percent thanks to events including the Euro 2016 football tournament. Higher sales […]
HELSINKI (TIP): Finnish telecom equipment manufacturer Nokia said Thursday it aims to accelerate savings after costs of absorbing former French-American rival Alcatel-Lucent pushed it into a second-quarter loss. The net loss of 665 million euros […]
WASHINGTON (TIP): Ford Motor Company on August 4 announced the recall of 830,000 cars and vans in the United States and Mexico for the replacement of faulty side-door latches. While drivers may have difficulty in […]
MUMBAI: The Reserve Bank of India has set up a committee to study Indian household financing pattern and why they spend large sum of money on gold+ . The panel will look at various facets […]
NEW YORK (TIP): Four Indian-origin persons have been named among Americas top wealth advisors by Forbes on a list of 200 members who collectively manage USD 675 billion. Raj Sharma and Ash Chopra, both working […]
Scientists at the Facebook’s Connectivity Lab have developed a new way to detect light signals travelling through the air, an advance that may lead to fast optical wireless networks capable of delivering internet service to remote […]
NEW DELHI (TIP): Prime Minister Narendra Modi on Thursday called upon Niti Aayog to create a 15-year development plan, setting the stage for discontinuing the five-year plan system, a sixdecade old Soviet-era relic. “The time […]
MUMBAI (TIP): At 23% in 2015, India had one of the lowest foreign debt-to-GDP ratios among 83 emerging market (EM) countries, although it had risen from 17% in 2005. Even among the Asian countries covered […]
MUMBAI (TIP): Having failed to get a good valuation in the first attempt to auction the luxury jet of embattled businessman Vijay Mallya last month, the service tax department will re-auction it on August 18, […]
MUMBAI (TIP): RBI has imposed Rs 1 crore penalty on UCO Bank for flouting its instructions relating to opening of current accounts and providing bill discounting facilities to account holders without any borrowing facility with […]
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