Grofers raises Rs 400 cr from SoftBank Group

Fri, 03/16/2018 - 14:36

New Delhi, March 16 (IANS) Online supermarket platform Grofers on Friday said it has raised Rs 400 crore in a fresh funding round led by Japanese conglomerate SoftBank Group.


Indian companies contest plastic in water bottles study

Fri, 03/16/2018 - 14:18

New Delhi, March 16 (IANS) A day after a study claimed that 90 per cent of bottled water from leading brands is contaminated by microplastics, Indian bottling companies on Friday contested the findings, saying they enforce strict quality control.


Indian GST system among most complex globally: World Bank

Fri, 03/16/2018 - 13:56

New Delhi, March 16 (IANS) The Indian Goods and Services Tax (GST) system is among the most complex in the world with not only one of the highest tax rates but also one of the largest number of tax slabs, the World Bank has said.


Chinese cyber spy group targeting US engineering, maritime firms: Report

Fri, 03/16/2018 - 13:00

New Delhi, March 16 (IANS) There has been a surge in cyber attacks on the US engineering and maritime industries -- especially those connected to the South China Sea -- and a Chinese cyber espionage group TEMP.Periscope is behind this, US-based cybersecurity firm FireEye said on Friday.


Equity markets trade lower, Sensex sheds 300 points intra-day

Fri, 03/16/2018 - 12:58

Mumbai, March 16 (IANS) Indian equity markets traded in the negative territory during the mid-afternoon session on Friday -- with the BSE Sensex shedding over 300 points intra-day -- on the back of broadly negative Asian markets, along with heavy selling pressure in oil and gas, metals, auto and banking stocks.


Indians forget personal belongings the most in Uber rides

Fri, 03/16/2018 - 12:58

New Delhi, March 16 (IANS) India tops the list of "most forgetful countries" in the Asia-Pacific region -- followed by Australia and the Philippines -- when it comes to forgetting personal belongings in Uber vehicles, the ride-hailing app said on Friday.


Apple cuts off Iran from App Store

Fri, 03/16/2018 - 12:38

San Francisco, March 16 (IANS) In what appears to be a total cut off for the country, Apple has blocked access to its App Store for users in Iran, the media reported.


Google Maps introduces 'wheelchair accessible' routes

Fri, 03/16/2018 - 10:00

San Francisco, March 16 (IANS) To make public transit work for the differently abled, Google on Friday introduced "wheelchair accessible" routes in Maps at major metropolitan transit centres around the world.


Hyundai Motor India to expand capacity by 50K units

Fri, 03/16/2018 - 09:56

Chennai, March 16 (IANS) Car maker Hyundai Motor India Ltd will expand its capacity by 50,000 units. It also plans to launch nine new models and invest around Rs 6,500 crore, said a top company official.


Apple's 'Families' to help curb kids' screen addiction

Fri, 03/16/2018 - 09:50

San Francisco, March 16 (IANS) To help parents control their children's screen addiction touted as a "growing public health crisis", Apple has introduced a new page called "Families" on its website.


Guard against trade protectionism, IMF chief tells policymakers

Fri, 03/16/2018 - 07:46

Washington, March 16, Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has urged global policymakers to guard against trade protectionism in the wake of US proposed tariffs on steel and aluminium.


US dollar climbs after economic data

Fri, 03/16/2018 - 03:32

New York, March 16 (IANS) The US dollar traded higher against most major currencies on Thursday as investors were sifting through a batch of economic data from the country.