Category Archives: Business

Skoda unveils mid-size SUV Kushaq globally

Skoda SUV Kushaq

On Thursday the Czech car manufacturer Skoda presented its all-new Kushaq SUVs globally, taking on the likes of Hyundai Creta and Kia Seltos in the rapidly growing mid-sized domestic SUV segment. The model is the first production car in the Indian 2.0 project of the company. Skoda Auto’s Volkswagen Group invests EUR 1 billion in […]

Google’s Privacy Push Has Sparked Antitrust Concerns in The United States

According to people familiar with the situation, the US justice department investigators are worried about Google’s decision to block a common web monitoring method known as “cookies.” They have been asking advertising industry executives if the search giant’s step would stifle smaller competitors. Google, owned by Alphabet Inc., revealed a year ago that it would […]

Easy Trip Planners is listed on stock exchanges at a premium of more than 10%

The shares of Easy Trip Planners debuted at an exchange premium today. They rose to −196 as opposed to −187. They were up to −196. At the day’s peak, shares were trading at 233, up 25 % from the issue price. Simple Trip Planners’ initial public offering (IPO) was nearly 160 times subscribed to. EaseMyTrip.com […]

Facebook is working on a wristband that will work with augmented reality glasses

Facebook Inc announced on Thursday that it is working on a wristband to monitor its augmented reality (AR) glasses, which are scheduled to be launched this year. The band wearers will be able to indulge with the virtual world through their finger gestures, according to the company’s blog post. In addition to sensing nerve impulses, […]

Delhi High Court withholds Reliance Industries – Future Group deal based on Amazon Plea

The Delhi High Court slammed the brakes on the Future Retail-Reliance Retail agreement on Thursday, upholding a Singapore Emergency Arbitrator’s (EA) order that had previously been released against the Rs 24,713-crore deal. The judiciary also fined Kishore Biyani’s Future Party and its representatives Rs 20 lakh, which must be deposited with the PM Relief Fund. […]

UBS upgrades ratings on Tata Steel and JSW steel

UBS has upgraded its shares in steel shares – Tata Steel and JSW Steel – from ‘neutral’ to ‘buy’ as domestic companies of both, reported their highest operating profits in the December quarter. Brokerage has increased its target price for JSW from Rs 310 to Rs 500 and Tata Steel from Rs 415 to Rs […]

Facebook Working on an Instagram app for kids under 13

Facebook Inc. is creating an Instagram edition for children under the age of 13. The social media behemoth is developing a photo-sharing app in order to reach out to the next generation of internet users with its popular services. According to BuzzFeed News, Instagram revealed the new app internally on Thursday, March 18, but is […]

Russia Holds Afghan Peace Meet to bring back its military troops

Russia has hosted a peace conference in Moscow just 2 months before the deadline for United States to bring back its military troops that have been in Afghanistan for 20 years. Russia hosted this meeting, bringing together Afghani government officials, representative of Taliban, and international observers in an attempt to help speed up the stalled […]

Tesla will be denied a subsidy in the United Kingdom as the government reduces the price limit

The UK government cut a buying incentive for electric cars, buses, and trucks from 3,000 pounds to 2,500 pounds on Thursday, and lowered the price of models that qualify to less than 35,000 pounds. Customers of Tesla Inc. in the United Kingdom would have to pay more for Model 3s after the country’s limit on […]

Tanzania’s first female president Samia Suluhu Hassan to make history

After John Magufuli’s untimely death, Samia Suluhu Hassan, a soft-spoken Muslim lady, was propelled from her obscure role as vice president to become Tanzania’s first female leader. Hassan, the country’s 61-year-old vice president, will conclude Magufuli’s second five-year term, which will end in 2025, according to the constitution. Hassan was born in Zanzibar, a former […]