Business

Escorts unveils pick-n-carry crane at Excon

Wed, 12/13/2017 - 20:26

Bengaluru, Dec 13 (IANS) Escorts Construction Equipment on Wednesday unveiled its pick-n-carry crane at the 9th International Construction Equipment and Technology Trade Fair (Excon 2017) here.

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Solar power auction sees 98% fall in November

Wed, 12/13/2017 - 20:26

New Delhi, Dec 13 (IANS) The solar power auction in November saw a 98 per cent drop with only 5 MW auctioned against 270 MW in October, a report said on Wednesday.

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BSE's India INX's highest daily turnover crosses Rs 1,700 cr

Wed, 12/13/2017 - 20:26

New Delhi, Dec 13 (IANS) Stock exchange major BSE said its wholly-owned subsidiary India International Exchange (India INX) witnessed an all-time high turnover of over Rs 1,700 crore or $263.90 million on Wednesday.

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Rise in imports widens India's Q2 CAD to $7.2 bn

Wed, 12/13/2017 - 19:58

Mumbai, Dec 13 (IANS) An exponential rise in merchandise imports widened India's current account deficit (CAD) to $7.2 billion or 1.2 per cent of the GDP in the second quarter of 2017-18, from $3.4 billion reported in the corresponding period in 2016-17.

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IT department conducts surveys at bitcoin exchanges

Wed, 12/13/2017 - 19:44

New Delhi, Dec 13 (IANS) The Income Tax (IT) department on Wednesday conducted "surveys" at nine bitcoin exchanges around the country to gather information about the investors and traders of the crypto-currency.

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India offers $100 bn Intelligent Edge opportunity: Microsoft India head

Wed, 12/13/2017 - 19:24

Hyderabad, Dec 13 (IANS) In a mobile-first and Cloud-first country like India, there now lies a new over $100 billion opportunity if we can leverage Intelligent Cloud and Intelligent Edge solutions across industries, Anant Maheshwari, President, Microsoft India, said here on Wednesday.

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Google to open AI research lab in China, first in Asia

Wed, 12/13/2017 - 18:52

Beijing, Dec 13 (IANS) In an apparent move to rebuild its presence in China, Google on Wednesday said it will open a research lab focused on Artificial Intelligence (AI) in Beijing -- its first such centre in Asia.

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Facebook, Startup Village Collective launch VR programme for students

Wed, 12/13/2017 - 18:48

New Delhi, Dec 13 (IANS) Facebook on Wednesday announced a virtual reality (VR) programme in partnership with Bengaluru-based Startup Village Collective (SV.CO) to help students in the country build their ideas into globally marketable products and services.

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Sony expands home audio lineup in India

Wed, 12/13/2017 - 18:46

New Delhi, Dec 13 (IANS) Expanding its home audio lineup, Sony India on Wednesday launched 'SA-D40' and 'SA-D20' speakers for Rs 8,490 and Rs 7,490, respectively.

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India's Q2 CAD widens to $7.2 bn

Wed, 12/13/2017 - 18:22

Mumbai, Dec 13 (IANS) India's current account deficit (CAD) widened to $7.2 billion in the second quarter of 2017-18, from $3.4 billion reported in the corresponding period in 2016-17, Reserve Bank of India (RBI) data showed on Wednesday.

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Equity indices extend losses ahead of US Fed policy outcome (Roundup)

Wed, 12/13/2017 - 18:00

Mumbai, Dec 13 (IANS) Continuing with losses for the second day in a row, the key Indian equity indices on Wednesday gave up all their morning gains to end a volatile trade session in the red as investors booked profits in metals, capital goods and banking stocks.

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10% jump in placements at IIT Delhi

Wed, 12/13/2017 - 17:56

New Delhi, Dec 13 (IANS) Compared to last year, the Indian Institute of Technology (IIT) Delhi has recorded an increase of 10 per cent in the number of placements offered to students this season so far, the institute said on Wednesday.

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