Category Archives: Business

Apple Receives A Boost in The Privacy Fight in France, But It Is Still Under Investigation

Apple received a boost on Wednesday when the French antitrust watchdog denied advertisers’ requests to halt the iPhone maker’s upcoming privacy feature, but the company is still under investigation for favouring its own products and services unfairly. Users can now prohibit marketers from monitoring them through several apps, thanks to Apple’s new ‘App Tracking Transparency’ […]

How e-commerce marketplaces can help MSME transformation

Manufacturing by small units, cottage units, and MSMEs is a significant contributor to India’s growth storey. MSMEs are sustainable and effective; the need of the hour is not only improved automation in the manufacturing process for greater input efficiencies, but also more outlets for entering wider markets and opportunities to become a part of national […]

Croma, Amazon jointly launch new range of TV with built in fire device

In partnership with Amazon, Tata Group-owned electronics shop chain, Croma has launched a new smart TV range with an integrated fire device in India for customers. The new smart LED TV line is supplied with a built-in fire tv and Croma seeks to deliver an intuitive, simple and personalized experience through this strategic partnership, the […]

Coinbase valued at $68bn ahead of the US Listing

Coinbase Global Inc, the largest cryptocurrency exchange in the United States, announced on Wednesday that recent private sector transactions priced the firm at $68 billion this year, ahead of a planned stock market listing. The staggering valuation demonstrates how Coinbase’s perceived value has risen in lockstep with the rise in the price of the cryptocurrency […]

CBI books Cadbury India for allegedly obtaining factory licence in HP

The Central Bureau of Investigation (CBI) has filed a lawsuit against Cadbury India Limited (now Mondolez Foods Pvt Ltd) and Central Excise tax authorities for allegedly obtaining fraudulent license for a chocolate factory in Himachal Pradesh in 2009-2010. It is alleged that the conspiracy with Excise officials offered a Rs 240 crores (approx) exemption for […]

Review standards mandatory for Automakers

Automakers should obligatorily review a vehicle, if a specific number of vehicle proprietors record a grumbling against it on a vehicle, review site to be set up by the public authority. The street transport and parkways service on Wednesday advised principles for required review of blemished vehicles by the car makers to fortify the reason […]

The Samsung Galaxy M12 will be available for the first time in India

The Samsung Galaxy M12 will go on sale in India from today. The smartphone was released only a few weeks ago, and this will be its first sale in India. The Samsung Galaxy M12 is equipped with a large 6,000mAh battery and is powered by an Exynos 850 SoC. It has a quad camera system […]

Tech Mahindra Acquires Dublin-based Perigold

Pune-based IT service firm Tech Mahindra has acquired a 70% stake in Perigold Asset Holdings for 21 million euros. Headquartered in Dublin city in Ireland, Perigold is the packaging supply chain solutions provider for the Life Sciences business firms. This transaction will close on March 19, and the company also has further plans to acquire […]

BSNL Plans To Carry Out 4G In 18-24 Months, According To Dhotre

Sanjay Dhotre, minister of state for communications, said on Wednesday that the state-owned Bharat Sanchar Nigam Ltd (BSNL) expects to complete the rollout of its 4G wireless service in 18-24 months. In a written reply to the Lok Sabha, the minister also stated that the government has no plans to privatize BSNL. “In this regard, […]

The Reserve Bank of India discovers a provisioning divergence in FY20

According to a regulatory disclosure, the Reserve Bank of India (RBI) discovered a Rs 519 crore divergence in provisioning by the Central Bank of India in the fiscal year 2020 (FY20). As a result, the bank’s adjusted net loss for fiscal year 2020 has increased by Rs 519 crore to Rs 1,640 crore. The bank […]