Business News

Business News

Maruti Suzuki car prices to be hiked in January - CarWale

Posted on December 12 2018

With most other car makers announcing price hikes, it is, now, the turn of Maruti Suzuki to announce a hike.With most other car makers announcing price hikes, it is, now, the turn of Maruti Suzuki to announce a hike in their car prices. While the other OEMs have given a percentage band, the quant...

Business News

Rumour: Force Gurkha Xtreme 2.2 priced at Rs. 12.99 lakh

Posted on December 12 2018

According to a media report, Force Motors has launched the updated Gurkha Xtreme 2.2 priced at Rs. 12.99 lakh (ex-showroom).The exterior of the new Force Gurkha Xtreme looks similar to the previous version.....According to a media report, Force Motors has launched the updated Gurkha Xtreme 2.2 pr...

Business News

Byju’s raises $400 million in new funding round; values start-up at $4 billion

Posted on December 12 2018

The latest investment in Byju’s comes at a time when investors are writing big cheques.Bengaluru: Online tutoring start-up Byju ’s, run by Think and Learn Pvt. Ltd, has raised $400 million in a new round of funding, making it the fourth most valuable start-up in India and augmenting t...

Business News

New Tata Tiago XZ Plus launch price Rs 5.57L - Rivals Hyundai Santro

Posted on December 12 2018

Tata Tiago XZ Plus gets added features over those seen on other variants to take off some attention from the Hyundai Santro..Tata Tiago, the companys bestselling model has received a fully loaded Tata Tiago XZ Plus variant. It comes in loaded with features as compared to those seen on the other v...

Business News

Gold Prices Rise By Rs 155 On Jeweller's Demand: 5 Things To Know

Posted on December 12 2018

Globally, gold stood at $1,246.17 an ounce in New York and silver held steady at $14.59 an ounce..Sovereign gold held steady at Rs 25,000 per piece of 8 gram. Gold prices on Tuesday rose by Rs 155 to close at Rs 32,650 per 10 gram at the bullion market due to increase in demand from local jewelle...

Business News

Most Fun-To-Ride Motorcycles Of 2018 TVS Apache RTR 160 Royal Enfield Continental GT 650 And More

Posted on December 12 2018

We list the top 5 bikes of 2018 we had a blast on.If you have ridden motorcycles then you might agree that bikes are the most fun way to travel places. And it’s not just about power (not that we would mind more) but also the way in which it is delivered. More often than not it’s just the way eve...

Business News

Major chunk of agri sales should go to farmers: Adi Godrej

Posted on December 12 2018

He explained that there are a lot of government rules, which only allow marketing under certain conditions..Business tycoon Adi Godrej on December 11 said farmers need to get a larger chunk of what consumers pay for agricultural products. "Unfortunately we developed a traditional middle man ...

Business News

Technical View: Nifty forms bullish candle amid RBI Guv's exit & states poll results; tread with caution

Posted on December 12 2018

Despite Tuesday's recovery Mazhar advised traders not to get carried away and focus shall continue to remain on stock specific opportunities..The Nifty50 gradually recouped its steep opening losses and gained strength in afternoon to close above psychological 10,500 levels on Tuesday despite ...

Business News

Renault Kwid, Duster, Captur, Lodgy prices to increase from 1st Jan 2019

Posted on December 12 2018

The latest price hike from Renault India will affect all their cars..Renault India will increase car prices of all their cars by upto 1.5 percent WEF from 1st January 2019. The price hike would partially offset the effects of increase in input costs and forex fluctuations. Renualt currently sells...

Business News

Flipkart to invest in furniture, groceries; claims to be a market leader in e-commerce

Posted on December 12 2018

Flipkart CEO Kalyan Krishnamurthy says the online retailer is at least ‘twice the size’ of its nearest competitor, implying Amazon.Bengaluru: Walmart-controlled online retailer Flipkart has transaction growth of more than 80% in some months as e-commerce is booming again in the countr...

Business News

RBI remains net seller of US dollar in October; sells $7.2 bn

Posted on December 12 2018

In the reporting month, the central bank purchased $945 million, while sold $8.149 billion in the spot market, according to the data..The Reserve Bank of India (RBI) continued to remain net seller of the US dollar in October, as it sold $7.204 billion of the greenback in the spot market, RBI data...

Business News

Sodexo, Zone Startups in pact for food-tech programme

Posted on December 12 2018

The Foodtech Programme is in partnership with Zone Startups, which is a global brand of tech accelerators and early stage venture funds..Food services and facilities management major Sodexo on December 11 announced its tie-up with Zone Startups for a Foodtech Programme. Under this initiative, Ind...

Business News

Zomato sacks delivery boy after viral video. Internet is feeling bad now

Posted on December 12 2018

Food ordering giant Zomato fired its delivery partner after a video of the person eating out of boxed orders went viral..Online food delivery giant Zomato had an unusually bad day today. As India woke up and got on Twitter, WhatsApp, Facebook and Instagram, a video greeted them. A Zomato delivery...

Business News

DigitalOcean’s Kubernetes container hosting platform is now open to anyone

Posted on December 12 2018

DigitalOcean today announced the official release of its managed Kubernetes hosting, which it launched in a private beta earlier this year in May. The company, which is best known ....DigitalOcean today announced the official release of its managed Kubernetes hosting, which it launched in a priva...

Business News

India to add 10,000MW renewable energy capacity in FY20: Report

Posted on December 12 2018

The share of renewable energy in the generation mix has increased from 5.6 percent in FY2015 to 7.8 percent in FY2018..With the share of renewable energy (RE) in the overall generation mix rising across India, rating agency Icra expects a capacity addition of 10,000 MW in fiscal year 2020, and ha...

Business News

Reliance Jio to hive off fibre, towers into separate units

Posted on December 12 2018

Jios move come barely a month after Vodafone Idea charted out its plans to demerge its fibre infrastructure business by transferring such assets to a wholly-owned unit, Vodafone Towers Ltd (VTL)..MUMBAI: The Board of Reliance Jio Infocomm (Jio) has decided to hive off its tower and fibre business...

Business News

Qualcomm: iPhone ban in China not tied to OS version, takes effect immediately - GSMArena.com news

Posted on December 12 2018

Apple is appealing the decision and continues to offer the affected models - X, 8 and older - through its website..Qualcomm is disputing Apple’s claims about the iPhone sales ban in China that affected last year’s models ( iPhone X, iPhone 8 and 8 Plus ) and older ones going back to the iPhone ...

Business News

Trade Setup for Wednesday: Top 15 things to know before Opening Bell

Posted on December 12 2018

Nagaraj Shetti of HDFC Securities said a gap up opening or a sustainable upmove in next session is likely to bring bulls back into action..The market reversed all its steep opening losses in afternoon trade and closed higher on short covering amid the outcome of polls in five states and impact of...

Business News

U.S. Stock Gains Fade on Trade Outlook; Oil Climbs: Markets Wrap

Posted on December 12 2018

All you need to know about what’s moving markets today..(Bloomberg) -- A U.S. stock rally reversed course as apparent progress in the trade war gave way to concern that relief from tariffs may not be imminent. The S&P 500s gain that once topped 1 percent almost completely disappeared, w...

Business News

Google has no political bias, asserts CEO Sundar Pichai in heated hearing

Posted on December 12 2018

US News: WASHINGTON: Google chief executive Sundar Pichai told US lawmakers on Tuesday that he runs a company that operates “without political bias” and “provi..WASHINGTON: Google chief executive Sundar Pichai told US lawmakers on Tuesday that he runs a company that operates wit...