• US entrepreneur network Techstars forays into India

    Bengaluru: US-based worldwide entrepreneur network Techstars on Thursday forayed into India as a joint venture with ANSR, which builds and operates Global In-House Centres (GICs) for enterprises."The launch of Techstars will provide an impetus to the start-up ecosystem in India and make the country ...

  • Vishal Sikka quits as Infosys CEO, MD

    Bengaluru: Vishal Sikka on Friday resigned as the Chief Executive Officer (CEO) and Managing Director of global software major Infosys Ltd, the company announced. "The Board of Directors has accepted the resignation of Vishal Sikka as the Managing Director and Chief Executive Officer with immediate ...

  • Eyeing retail, Xiaomi opens first 'Mi Home' in Delhi-NCR

    New Delhi: Aiming to gain a further foothold in the offline smartphone market as the festive season inches near, Chinese smartphone maker Xiaomi on Thursday unveiled an exclusive 'Mi Home' retail store at Ambience Mall, Gurugram. "The store would be thrown open for the public on August 19 at 10 am,"...

  • Slump in fruits, vegetable export prods government to look at low-cost water transport

    New Delhi: A slump in the export of perishable commodities such as fruits and vegetables due to high airfreight charges has prodded the government to explore the cost-effective alternative of water transport to boost the trade and give Indian products an edge over their competitors in the internatio...

  • Indian smartphone market looks at bumper Q3: IDC

    New Delhi: After witnessing slow growth in the first two quarters of this year, the Indian smartphone market is preparing for a bumper period owing to the upcoming festive season, a new report said on Wednesday.According to market research firm International Data Corporation (IDC), 28 million smartp...

  • 'For growth, banks have to transfer rate cut benefits to customers'

    Mumbai: Effective transmission of the benefits of policy rate cuts by banks to their customers is the key to achieving non-inflationary growth, RBI Governor Urjit R. Patel has said. According to Patel, while the transmission has improved, there was still some space for banks to cut their lending rat...

  • Google buys Indian-origin professor's health monitoring start-up

    San Francisco: Google has acquired Senosis Health, a Seattle-based health monitoring start-up founded by University of Washington Professor Shwetak Patel, the media reported.The start-up turns smartphones into medical devices and collects various health stats, The Verge reported on Tuesday.Using fun...

  • Markets open on a positive note on Wednesday

    Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.The Sensex of the BSE after opening at 31,566.24 points, touched a high of 31,602.64 points and a low of 31,504.63 points.On Monday the Sensex closed at 31,449.03 points. Tues...

  • Microsoft announces 'Coco Framework' for blockchain networks

    New Delhi: With a rise in the adoption of Blockchain technology, Microsoft on Wednesday announced 'Coco Framework', a first-of-its-kind innovation that aims to improve performance, confidentiality and governance of enterprises.Current blockchain protocol technology requires complicated development t...

  • Key Indian equity indices trade higher in afternoon session

    Mumbai: The key Indian equity indices was trading higher in the afternoon session on Monday. The 30-scrip Sensitive Index (Sensex), was trading 170.49 points or 0.54 per cent higher in the afternoon session. The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 48.95 points ...

  • Thousands transferred, branches closed, but no major protests in SBI

    By Venkatachari JagannathanChennai: India's largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been transferred beginning this fiscal, but, strangely, there have been no major protests, top off...

  • Lufthansa begins search for India's most innovative SMEs in Bengaluru

    Bengaluru: The fifth edition of Lufthansa Runway to Success has taken off with mentorship camps in several Indian cities. Camps are being held across Ahmedabad, Pune, Chennai, Jaipur, Kochi, Chandigarh, Bengaluru, Hubli and Hyderabad. On August 12, 2017, Lufthansa invites young and aspiring entrepre...