Apple Pay Partners with China Unionpay
Beijing, Dec 18 (IANS) Apple and China UnionPay announced a partnership on Friday to bring the Apple Pay digital wallet to China. China UnionPay cardholders will be able to easily add their bank cards to…
Business
Chery First Chinese Automaker to Make Five Mn Cars
Beijing, Dec 18 (IANS) Chery Automobile has become the first Chinese automaker to have produced five million cars. The five millionth Chery’s best-selling model Arrizo5 rolled off a production line on Friday, capping a good…
Afghanistan’s WTO Membership Approved After 11 Years Of Talks
Nairobi, Dec 18 (IANS) The World Trade Organisation (WTO) on Thursday formally approved Afghanistan’s membership at its 10th ministerial conference in the Kenyan capital Nairobi. Afghanistan has become the 164th WTO member and the 36th…
US Unemployment Claims Fall by 11,000
Washington, Dec 17 (IANS/EFE) Initial claims for unemployment benefits in the US fell by 11,000 last week to 271,000, the Labor Department said on Thursday. The figure was in line with forecasts after the…
India 97th on Forbes Best Countries for Business List
Washington, Dec 17 (IANS) India has been ranked 97th, three notches below China, in Forbes annual ranking of the best countries for business with Denmark topping the list for the sixth time in ten…
Google’s Plans Proves Hyderabad’s Potential: IT Minister
Hyderabad, Dec 17 (IANS) The decision of Google to set up its biggest facility outside the US proves the strength and potential of Hyderabad, Telangana Information Technology Minister K. Tarakarama Rao said on Thursday. A…
Novartis Opens New Office Complex in Hyderabad
Hyderabad, Dec 17 (IANS) Novartis Group on Thursday opened its new office complex Novartis Knowledge City, the largest of its five global service centres. Telangana’s Information Technology Minister K. Tarakarama Rao inaugurated the new complex…
China Mobile Builds World’s Largest 4G Network
Beijing, Dec 17 (IANS) China Mobile has built the world’s largest 4G network, a media report said on Thursday. By the end of November 2015, China Mobile’s 4G network had 1.07 million base stations, covering…
Indian-Origin Baljeet Singh Senior Executive at Twitter to Quit
New York, Dec 17 (IANS) Baljeet Singh, Twitter’s product lead in charge of video, will quit the company early next month, a media report said quoting a Twitter spokesperson. Singh, who works as a senior…
China’s Online Retail Trade Tops All Globally
Beijing, Dec 17 (IANS) China’s online retail trade ranked first globally from January to October, with a total of 2.95 trillion yuan (about $455 billion) in online transactions during the period, the media reported on…
India Better Placed Than Peers over US Rate Hike: Fitch
(151216) — NEW YORK, Dec. 16, 2015 (Xinhua) — Traders work on the floor of the New York Stock Exchange (NYSE), in New York, the United States, on Dec. 16, 2015. U.S. stocks rallied for…
Anil Ambani, Spielberg Join Hands for Another Project
Mumbai, Dec 17 (IANS) Anil Ambani-led Reliance Entertainment and Steven Spielberg’s DreamWorks on Thursday announced the formation of Amblin Partners — a new film, television and digital content creation company. Participant Media led by Jeff…
PAN Mandatory in Hotel Bill Payments, Foreign Travel Tickets
New Delhi, Dec 16 (IANS) The government on Wednesday announced mandatory quoting of income tax permanent account number (PAN) for payment of hotel bills and buying of foreign travel tickets costing Rs.50,000 and above. PAN…
Blackstone to Invest $170 Million in IBS Software
Thiruvananthapuram, Dec 16 (IANS) Global travel and logistics technology major IBS Software on Wednesday announced that it will receive $170 million private equity investment from funds managed by Blackstone in exchange for a minority shareholding….
New Google Campus at Hyderabad, More Net Access Planned: Pichai
Delhi: Google CEO Sundar Pichai during a press conference in Delhi on Dec. 16, 2015. (Photo: Sunil Majumdar/IANS) New Delhi, Dec 16 (IANS) Google will build a new campus at Hyderabad, even as it is…
NGT Notice to Volkswagen over Emissions
New Delhi, Dec 14 (IANS) The National Green Tribunal on Monday sought the response from the central government and German automobile giant Volkswagen on a plea by Delhi residents seeking a ban on the sale…
Singapore Bans Gutka, Khaini and More
Singapore, Dec 14 (IANS) Singapore has banned a wide variety of tobacco products including gutka, khaini and zarda. The health ministry said on Monday that the decision was taken to ensure that such products do…
Cairn to Launch World’s Largest Oil Recovery Project in Rajasthan
Barmer, Dec 13 (IANS) Oil and gas major Cairn India are to launch the world’s largest enhanced oil recovery programme in the Rajasthan desert using polymer injection technology for recovering more oil at its processing…
‘Mumbai-Ahmedabad High Speed Rail Link in Seven Years’
New Delhi, Dec 12 (IANS) Foreign Secretary S. Jaishankar on Saturday said Mumbai-Ahmedabad high-speed rail project will be completed in seven years. Japan has given a highly concessional loan with a repayment period of 50…
India, Japan Sign Agreements on Nuclear Energy, Bullet Train
New Delhi, Dec 12 (IANS) India on Saturday signed landmark agreements on civil nuclear energy and bullet train technology with Japan, as Prime Minister Narendra Modi described visit of his Japanese counterpart Shinzo Abe “truly…