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Facebook refutes report ‘Zuckerberg doesn’t care about publishers’

San Francisco, Aug 14 (IANS) Facebook has denied a media report that cited one of its senior executives as saying that Mark Zuckerberg doesn’t care about publishers. The Australian on Monday reported that in a…






Tata Chemicals net profit up 14% in Q1

Mumbai, Aug 14 (IANS) Tata Chemicals on Monday reported a 14 per cent increase in its consolidated net profit from operations to Rs 270 crore in the quarter ended June 30, 2018 as compared to…


Amazon invests $400 million more in its Indian arms

Bengaluru, Aug 14 (IANS) The US-based world’s largest e-tailer Amazon invested an additional $400 million (Rs 2,700 crore) in two of its Indian subsidiaries, said business intelligence platform Paper.vc on Monday. “Our tally of Amazon’s…


India-made passenger aircraft to fly in 3 years: Minister

Bengaluru, Aug 13 (IANS) State-run National Aerospace Laboratories (NAL)’s 19-seater “Saras” passenger aircraft will be ready within next three years, Union Minister for Science and Technology Harsh Vardhan said on Monday. “The implementation process of…




BSE registered investors base crosses 4 cr mark

New Delhi, Aug 13 (IANS) Stock exchange major BSE registered investors base (UCC) has crossed the 4 crore mark. “Investor base has increased by 14.25 per cent over previous year, 2.75 per cent over previous…


SpiceJet launches complimentary IFE system

New Delhi, Aug 13 (IANS) Budget passenger carrier SpiceJet has become the first Indian low cost airline to launch a complimentary in-flight entertainment system. According to the company, “SpicEngage”, a complimentary in-flight entertainment system allows…


Hero MotoCorp to begin sale of Xtreme 200R model

New Delhi, Aug 13 (IANS) Two-wheeler major Hero MotoCorp will commence sale of premium motorcycle — Xtreme 200R, priced at Rs 89,900 (ex-showroom Delhi) — from next week. “Marking the company’s re-entry into the premium…



Oil India Q1 net profit up 56.19%

Mumbai, Aug 13 (IANS) Energy exploration and production major Oil India on Monday reported an exponential increase of 56.19 per cent in its standalone net profit for the first quarter of 2018-19. According to the…




Will further strengthen internal systems: PNB

New Delhi, Aug 13 (IANS) State-run Punjab National Bank (PNB) on Monday said it will continue to strengthen its internal systems to foil any future attempts at fraud despite demonstrations by the employees’ union of…



CCI approves Intelenet’s takeover by Teleperformance

New Delhi, Aug 13 (IANS) The Competition Commission of India (CCI) on Monday approved the acquisition of Mumbai-based BPO firm Intelenet by a subsidiary of French outsourcing firm Teleperformance. “@CCI_India approves acquisition of Intelenet BPO…