Phase I of Rs 700-crore 'Busopolis' in Mohali gets ready

Thu, 08/11/2016 - 16:56

Chandigarh, Aug 11 (IANS) Touted as first of its kind in the country, 'Busopolis' -- an inter-state bus terminal (ISBT) along with a commercial centre and a hotel -- will soon get operational in Punjab's Mohali town, adjoining Chandigarh.


First batch of 25 crisis-hit workers head home from Jeddah

Thu, 08/11/2016 - 16:24

Jeddah, Aug 11 (IANS) Their "Gulf dream" in tatters and facing an uncertain future, the first batch of 25 crisis-hit Indian workers left for New Delhi from the King Abdulaziz International Airport here on Thursday morning.


Value buying buoys equity markets

Thu, 08/11/2016 - 16:14

Mumbai, Aug 11 (IANS) Value buying and short covering aided the Indian equity markets to provisionally close marginally in the green on Thursday.


IKEA plans 25 stores in India over 10 years

Thu, 08/11/2016 - 15:44

Hyderabad, Aug 11 (IANS) IKEA Group, the leading Swedish home furnishings company, plans to open 25 stores over next 10 years in India. It also plans to double its sourcing from India to 600 million euros by 2020.


OMCs to add 5 lakh tonnes capacity in West Bengal

Thu, 08/11/2016 - 15:04

Kolkata, Aug 11 (IANS) State-run oil marketing companies (OMCs) will add 5 lakh tonnes annual capacity of bottling plants in West Bengal in the next three years catering to the demand for LPG cylinders under Pradhan Mantri Ujjwala Yojana (PMUY), a top official said on Thursday.


Gold demand drops 18% in India in second quarter of 2016

Thu, 08/11/2016 - 14:56

New Delhi, Aug 11 (IANS) Demand for gold in India for the second quarter dropped by 18 per cent mainly due to high price, jewellers' strike and various regulatory moves by the government, Somasundaram PR, Managing Director, India, World Gold Council, said here on Thursday.


Enterprise mobility firm SOTI to invest $12 mn in India

Thu, 08/11/2016 - 14:44

New Delhi, Aug 11 (IANS) Canadian Enterprise Mobility Management (EMM) solutions company SOTI on Thursday announced it will invest $12 million in a state-of-the-art facility in India which will add 300 new jobs in engineering and software development fields in the next two years.


Samsung unveils Galaxy Note 7 with iris scanner, dual curved screen

Thu, 08/11/2016 - 14:32

New Delhi, Aug 11 (IANS) Giving a refreshing look to its Note series, South Korean giant Samsung on Thursday launched its flagship device Galaxy Note 7 in India with iris biometric scanner for enhanced security, upgraded S Pen and a dual-curved screen.


Kyocera's new smartphone doubles up as action camera

Thu, 08/11/2016 - 14:10

New York, Aug 11 (IANS) Japan-based Kyocera has announced a new smartphone that packs "Super Wide View" 1080p action camera which has its own image processor that gives it slow-motion, sports, action and underwater mode.


Microsoft names Rajamani as India Research Lab MD

Thu, 08/11/2016 - 14:08

Bengaluru, Aug 11 (IANS) Microsoft on Thursday announced the appointment of Sriram Rajamani as the new Managing Director of its India Research Lab, effective from August 1.


Tableau Software launches new data analytic platform in India

Thu, 08/11/2016 - 13:54

New Delhi, Aug 11 (IANS) The US software company Tableau Software on Thursday announced the availability of its data analytic platform Tableau 10 in India which makes easier interacting with data on the web, mobile or enterprise.


LeEco to invest $3 billion in electric car facility

Thu, 08/11/2016 - 13:26

Beijing, Aug 11 (IANS) Chinese internet and technology conglomerate LeEco on Thursday announced investment of $3 billion in a manufacturing park that will house advanced electric car making unit.