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10 lakh bankers to strike work on Dec 26 against mergers

10 lakh bankers to strike work on Dec 26 against mergers

20-12-2018  comments

Chennai (IANS) With the failure of conciliation talks, about 10 lakh bankers in private and government banks will go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank, and Vijaya Bank, the All India Bank…

Odisha has been ranked as "Top Performer" in the State Startup Ranking-2018

Odisha has been ranked as "Top Performer" in the State Startup Ranking-2018

20-12-2018  comments

Bhubaneswar (IANS) Odisha has been ranked as "Top Performer" in the State Startup Ranking-2018 organized by the Department of Industrial Promotion and Policy (DIPP) of the Central government, said an official statement on Thursday.

Most firms bet big on 5G but wary of network readiness: Gartner

Most firms bet big on 5G but wary of network readiness: Gartner

19-12-2018  comments

Mumbai (IANS): Betting big on Internet of Things (IoT)-based communications and video analytics/streaming, nearly two-third of organisations globally plan to deploy the 5G technology by 2020 but are wary of the lack of readiness of communications…

Sensex up 150 points over sliding crude oil prices

Sensex up 150 points over sliding crude oil prices

19-12-2018  comments

Mumbai (IANS): Amid mixed Asian cues and falling crude oil prices the benchmark Sensex extended its early gains to 150 points during the afternoon session of the trade on Wednesday.

Apart from the export-oriented IT and pharma stocks all other…

Ola to invest $100 mn in Vogo scooter-sharing start-up

Ola to invest $100 mn in Vogo scooter-sharing start-up

18-12-2018  comments

Bengaluru (IANS): India's leading cab-hailing platform Ola on Tuesday announced investing $100 million (Rs 711-crore) in scooter-sharing start-up Vogo.

"As part of the partnership, Ola will boost Vogo's supply by investing in 100,000…

Petrol prices remain unchanged on Sunday, diesel declines

Petrol prices remain unchanged on Sunday, diesel declines

16-12-2018  comments

New Delhi (IANS) Petrol prices across the four metropolitan cities remained unchanged on Sunday, while the cost of diesel continued to decline.

In the national capital, petrol on Sunday sold at Rs 70.34 per liter, at the same…

Mergers will kill branches when the need is for branch expansion: AIBEA

Mergers will kill branches when the need is for branch expansion: AIBEA

15-12-2018  comments

Chennai (IANS) At a time when India is largely unbanked or underbanked with a low density of banks, the merger of banks will result in the killing of branches and would divert attention from recovering huge outstanding loans, said a top…

Infosys forms JV with Hitachi, Panasonic in Japan

Infosys forms JV with Hitachi, Panasonic in Japan

14-12-2018  comments

Bengaluru (IANS): Global software major Infosys on Friday said it has formed a joint venture (JV) with Hitachi Ltd, Panasonic Corporation and Pasona Inc to enhance its presence in Japan.

"The company will acquire 81 percent equity stake…

India's November wholesale inflation eases to 4.64%

India's November wholesale inflation eases to 4.64%

14-12-2018  comments

New Delhi (IANS): India's annual rate of inflation based on wholesale prices eased to 4.64 percent in November from 5.28 percent in October, official data showed here on Friday.

However, on a year-on-year (YoY) basis, the Wholesale Price…

India's software market to grow 14% in 2018: IDC

India's software market to grow 14% in 2018: IDC

14-12-2018  comments

New Delhi (IANS) Riding on Digital Transformation (DX) initiatives, India's software market is expected to register a year-on-year (YoY) growth of 14.1 percent by the end of 2018, a new report by International Data Corporation (IDC) said…

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