Bengaluru, Oct 19 (IANS) Global software major Infosys on Monday announced the acquisition of US-based Noha Consulting firm for $70 million (Rs.454 crore) in a cash deal. The Houston-headquartered Noha provides information management consultancy services…
Washington, Oct 17 (IANS) Tech giant Apple has been told to pay $234 million to the intellectual property arm of Wisconsin University, Madison, for using without permission patented technology developed by its team, including two…
Hyderabad, Oct 14 (IANS) US-based YuppTV, an internet based TV streaming service provider which on Wednesday launched its service in India, plans to raise $50 million to fund its expansion. Uday Reddy, founder and CEO…
Bengaluru, Oct 13 (IANS) Indian start-ups are on fire, as they are on target to get a whopping $5 billion (Rs.32,558 crore) funding by this year-end, IT industry representative body Nasscom said in a report…
New Delhi, Oct 13 (IANS) Deposits in accounts opened under the Pradhan Mantri Jan Dhan Yojana have exceeded Rs.25,000 crore, the government said on Tuesday. The deposits have come as low-cost deposits. According to an…
Bengaluru, Oct 13 (IANS) Chinese technology start-up OnePlus said on Monday it would make in India smartphones through contract manufacturing at Taiwanese Foxconn’s Rising Stars factory in Andhra Pradesh’s Sri City. “Producing smartphones in India…
New Delhi, Oct 12 (IANS) A rapid expansion in the manufacturing and mining sectors accelerated India’s factory output growth to 6.4 percent in August from a rise of 4.1 percent in the month before, official…
Toronto, Oct 11 (IANS) Popular Indian chef and entrepreneur Sanjeev Kapoor will be launching his first eatery at Brampton, in Canada, in November, the official website of the restaurant said. Located at Queen Street in…
New Delhi, Oct 11 (IANS) GMR Infrastructure announced on Sunday its subsidiary Kakinada SEZ Pvt Ltd has signed an agreement with Japan’s JGC Corporation for co-developing an export-oriented food processing park at its Kakinada Special…
New Delhi, Oct 10 (IANS) The CBI on Saturday registered a case against 59 account holders and unknown bank officials and private people as it conducted raids at a Delhi branch of Bank of Baroda…
New Delhi/Bengaluru/Panaji, Oct 10 (IANS) The CBI on Saturday conducted raids at residences and offices of flamboyant liquor baron Vijay Mallya and his now-grounded Kingfisher Airlines in connection with a Rs.900 crore loan to the…
Washington, Oct 9 (IANS) Overtaking China, India is expected to grow at 7.3 percent in 2015, rising to 7.5 percent in 2016, the International Monetary Fund forecast Friday lowering its April projections by 0.2 percentage…
New Delhi, Oct 9 (IANS) The Congress alleged on Friday that Rs.6,000 crore of “black money” had been sent out of the country from a public sector bank months after the NDA government came to…
Singapore, Oct 8 (IANS) As many as 17 Indian families, led by the Ambanis, figure in the maiden Forbes list of 50 richest Asian families, which is the highest for any country in this part…
Washington, Oct 5 (IANS) An Indian-American couple has announced a $100 million gift to the New York University School of Engineering in what is believed to be the largest philanthropic gift by a member of…
New Delhi, Oct 5 (IANS) India and Germany on Monday inked 18 MoUs, including on setting up a fast-track system for German companies in India and on security cooperation, following talks here between Prime Minister…
New Delhi, Oct 4 (IANS) Finance Minister Arun Jaitley has said that bulk of black money was still within the country and called for a change in the attitude of people so that plastic currency…
Washington, Oct 5 (IANS) The number of people living in extreme poverty around the world is likely to fall to below 10 percent of the global population in 2015, according to a forecast released by…
New Delhi, Oct 4 (IANS) The government will soon make it mandatory to furnish the tax department-allotted Permanent Account Number (PAN) details for cash transactions beyond a certain threshold, Finance Minister Arun Jaitley said on…
India’s drive against black money to get back ill-gotten wealth stashed away by its citizens abroad has drawn responses from 638 declarants for total assets worth Rs.3,770 crore ($580 million), an official statement said on…