Business

Global cues, selling pressure pull equity indices lower (Roundup)

Mon, 08/21/2017 - 18:38

Mumbai, Aug 21 (IANS) Negative global cues and heavy selling pressure in index heavyweights such as Infosys, ONGC and Tata Motors among others pulled the key Indian equity indices -- the NSE Nifty 50 and the BSE Sensex -- lower on Monday.

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Videocon 'Metal Pro 2' launched at Rs 6,999

Mon, 08/21/2017 - 18:30

New Delhi, Aug 21 (IANS) Videocon Mobiles on Monday launched an affordable "Metal Pro 2" smartphone with 2GB RAM and Android 7.0 Nougat operating system for Rs 6,999. The device comes with 100 days replacement policy.

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Microsoft acquires Cloud firm Cycle Computing

Mon, 08/21/2017 - 18:28

New Delhi, Aug 21 (IANS) To accelerate big computing in the Cloud, Microsoft has acquired Cycle Computing, a leader in cloud computing orchestration, for an undisclosed sum.

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'Android O' set for official launch in US

Mon, 08/21/2017 - 18:26

San Francisco, Aug 21 (IANS) The next version of Google's mobile operating system 'Android O' is set to be officially rolled out in the US on Monday.

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Essar Oil closes sell-off to Russia's Rosneft, names new CEO

Mon, 08/21/2017 - 18:00

Mumbai, Aug 21 (IANS) Ruia brothers-led Essar Oil (EOL) on Monday announced the closure of the company's sale, including its Vadinar refinery, to Russian state-run Rosneft-led consortium for $12.9 billion, which was followed by the appointment of a new board of directors for EOL as well as a new chief executive.

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McDonald's to shut in north, east India after row with CPRL

Mon, 08/21/2017 - 17:46

New Delhi, Aug 21 (IANS) McDonald's India on Monday announced it had terminated the franchise agreement with Connaught Plaza Restaurants, effectively shutting down all 169 McDonald's outlets in northern and eastern India after a fortnight.

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Videocon 'Metal Pro 2' launched at Rs 6,999

Mon, 08/21/2017 - 16:52

New Delhi, Aug 21 (IANS) Videocon Mobiles on Monday launched an affordable "Metal Pro 2" smartphone with 2GB RAM and Android 7.0 Nougat operating system for Rs 6,999.

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Global cues, selling pressure pull equity indices lower

Mon, 08/21/2017 - 16:00

Mumbai, Aug 21 (IANS) Negative global cues and heavy selling pressure in index heavyweights such as Infosys, ONGC and Tata Motors among others pulled the key Indian equity indices -- the NSE Nifty 50 and the BSE Sensex -- lower on Monday.

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IBM Watson to digitally power Metro Shoes

Mon, 08/21/2017 - 15:24

Bengaluru, Aug 21 (IANS) Global tech firm IBM on Monday teamed up with India's footwear brand Metro Shoes Ltd to provide a digital commerce platform powered by 'Watson Customer Engagement' hosted on Cloud.

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