Business

Army signs MoU for housing

Fri, 03/03/2017 - 19:18

New Delhi, March 3 (IANS) The Army Welfare Housing Organisation (AWHO) on Friday signed an agreement with a private market research firm for support in its housing projects, said an official.

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'Benami' actions carry jail terms, warns I-T Department

Fri, 03/03/2017 - 18:30

New Delhi, March 3 (IANS) India's Income Tax Department on Friday cautioned those engaging in 'benami' (proxy) transactions that they stand to face Rigorous Imprisonment (RI) of up to 7 years and would also invite prosecution under the Income Tax Act.

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Nearly one-third global firms fail to spot cyber attacks

Fri, 03/03/2017 - 17:34

New Delhi, March 3 (IANS) At a time when cyber attacks are on the rise, nearly three quarters of global organisations (73 per cent) cannot identify these and protect their corporate assets and processes, a new report said on Friday.

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Airtel and Millicom to combine operations in Ghana

Fri, 03/03/2017 - 17:14

New Delhi, March 3 (IANS) Telecom major Bharti Airtel on Friday said it has entered into an agreement with Millicom International Cellular to combine the operations of their respective subsidiaries in Ghana.

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After firing 85% staff, LeEco says won't exit India operations

Fri, 03/03/2017 - 17:12

New Delhi, March 3 (IANS) After laying off a substantial number of employees -- as many as 85 per cent staff across the sales, marketing and distribution departments in India, Chinese internet and technology conglomerate LeEco on Friday denied plans to exit the India operations as of now.

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'Mobile advertising Trojans top malware threat in 2016'

Fri, 03/03/2017 - 16:20

Moscow, March 3 (IANS) Last year saw a near-threefold rise in mobile malware detections as compared to 2015, with 8.5 million malicious installations being identified and advertising Trojans leading the way, a new report said on Friday.

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Equities provisionally close flat on global cues

Fri, 03/03/2017 - 15:48

Mumbai, March 3 (IANS) Indian equities markets on Friday provisionally closed on a flat note -- marginally in the red -- as negative global cues and heavy selling pressure witnessed in banking, automobile, and fast moving consumer goods (FMCG) stocks subdued investors' sentiments.

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Coal India to diversify into 'coal to chemical' business

Fri, 03/03/2017 - 15:46

Kolkata, March 3 (IANS) Coal India intends to diversify into a new "coal to chemical" business domain by converting the high calorific value, low ash thermal coal into chemical, the miner said in a document on Friday.

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This is how the great LeEco India story went bust (Tech Trends)

Fri, 03/03/2017 - 14:42

New Delhi, March 3 (IANS) After arriving in India in January last year, Chinese internet and technology conglomerate LeEco fast became the "true disrupter" in the evolving Indian smartphone market with its huge marketing spend -- and the announcement of a state-of-the-art assembling/manufacturing unit.

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Lizard found in McDonald's food, woman lodges complaint

Fri, 03/03/2017 - 14:32

Kolkata, March 3 (IANS) A pregnant woman lodged a police complaint against fast food chain McDonald's after allegedly finding a deep fried lizard in her food at a city based outlet, police said on Friday.

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Fitbit leads wearables market growth in Q4

Fri, 03/03/2017 - 14:06

New York, March 3 (IANS) The worldwide wearables market reached a new all-time high as shipments reached 33.9 million units in the fourth quarter of 2016, growing 16.9 per cent year over year, with Fitbit leading the way by shipping 6.5 million units, according to a new report.

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Indian equities pulled lower by negative global cues

Fri, 03/03/2017 - 13:46

Mumbai, March 3 (IANS) Broadly negative global cues, coupled with a weak rupee and heavy selling pressure witnessed in automobile, banking and capital goods stocks, pulled the Indian equities markets lower in the mid-afternoon trade session on Friday.

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