Business

Microsoft invites developers to use machine learning, data

Mon, 08/08/2016 - 23:04

Bengaluru, Aug 8 (IANS) Global software major Microsoft on Monday invited Indian developers to use its machine learning and data platforms for building digital products and solutions to transform businesses and drive inclusive growth.

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Intel to pay Rs 16.5 cr property tax in Bengaluru

Mon, 08/08/2016 - 22:44

Bengaluru, Aug 8 (IANS) Global chip maker Intel would pay Rs 16.5 crore by August 28, as directed by the Karnataka High Court, to the city's civic corporation towards property tax arrears, an official said on Monday.

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Electronic filing of IT returns sees three-fold growth

Mon, 08/08/2016 - 22:30

New Delhi, Aug 8 (IANS) Electronic filing of income tax (IT) returns grew more than three times as over 226.98 lakh e-returns were filed in the current fiscal till August 5 as compared to only 70.97 lakh for the same period in 2015-16, an official statement said on Monday.

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Britannia plans to set up three factories in next three years

Mon, 08/08/2016 - 20:44

Kolkata, Aug 8 (IANS) FMCG major Britannia Industries Ltd. is planning to set up three factories, one each in the northeast, Gujarat and Andhra Pradesh, in the next three years, a top company official said on Monday.

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HDFC Life, Max Life agree on swap ratio, non-compete fee

Mon, 08/08/2016 - 20:32

Chennai, Aug 8 (IANS) Two private life insurers - HDFC Standard Life Insurance Company and Max Life Insurance Company Ltd - on Monday said they have agreed to sign definitive agreements for amalgamation of two companies.

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SRF to invest Rs 345 cr on Gujarat plants

Mon, 08/08/2016 - 19:50

Chennai, Aug 8 (IANS) Chemical-based multi-business entity SRF Ltd on Monday said it has decided to invest production facilities in Gujarat at a total outlay of Rs 345 crore.

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Intel to pay Rs 16.5 cr property tax in Bengaluru

Mon, 08/08/2016 - 19:44

Bengaluru, Aug 8 (IANS) Global chip maker Intel would pay Rs 16.5 crore by August 28, as directed by the Karnataka High Court, to the city's civic corporation towards property tax arrears, an official said on Monday.

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India's next telecom spectrum auction from September 29

Mon, 08/08/2016 - 19:38

New Delhi, Aug 8 (IANS) India's next round of spectrum auction is set to begin on September 29, Telecom Secretary J.S. Deepak announced here on Monday in what the government hopes will be the largest-ever spectrum auction - going by the overall base price of $84 billion and the quantum of airwaves on offer.

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IRCTC signs MoU with Manipur government

Mon, 08/08/2016 - 19:36

New Delhi, Aug 8 (IANS) Indian Railway Catering and Tourism Corporation (IRCTC) has signed an MoU with the Manipur government to provide improved hospitality and tourism services to their customers by making "joint use of their capabilities and facilities".

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Idea Cellular's net profit drops 36 % in Q1

Mon, 08/08/2016 - 19:28

New Delhi, Aug 8 (IANS) Idea Cellular standalone net profit for the first quarter of 2016-17 dropped 36.1 per cent, a company statement said here on Monday.

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Positive global cues lift equity markets (Roundup)

Mon, 08/08/2016 - 19:08

Mumbai, Aug 8 (IANS) Positive global cues, along with hopes of parliamentary approval for a major economic legislation and higher crude oil prices, buoyed the Indian equity markets on Monday.

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