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China's central bank suspends operations

China's central bank suspends operations

22-11-2018  comments

Beijing (IANS) The People's Bank of China (PBOC) suspended open market operations on Thursday, citing abundant liquidity in the financial system.

It was the 20th consecutive working day for PBOC to skip open market operations…

India second-fastest growing innovator among major Asian countries: Report

India second-fastest growing innovator among major Asian countries: Report

22-11-2018  comments

New Delhi (IANS): With patent publication nearly doubling in a decade, India is now the second-fastest growing innovator after China among major Asian countries, a new report said on Thursday.

India is fourth among the major Asian countries…

Infosys to create 1,200 jobs in Australia by 2020

Infosys to create 1,200 jobs in Australia by 2020

21-11-2018  comments

Bengaluru (IANS): Software major Infosys on Thursday said it will be creating 1,200 jobs and opening three innovation hubs in Australia by 2020 to reduce digital skills gap.

"We are creating 1,200 new skilled jobs for graduates and professionals…

Now, you can pay LIC premium through Paytm

Now, you can pay LIC premium through Paytm

21-11-2018  comments

New Delhi (IANS): Digital payments service Paytm has entered into a partnership with Life Insurance Corp (LIC) to help customers make insurance premium payments, One97 Communications Ltd, which owns the Paytm brand, said on Wednesday.

The platform…

50% ATMs in India may shut down by March: CATMi

50% ATMs in India may shut down by March: CATMi

21-11-2018  comments

Mumbai (IANS): Nearly 50 percent of the Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, the Confederation of ATM Industry (CATMi) warned on Wednesday.

Sensex, Nifty open in red

Sensex, Nifty open in red

20-11-2018  comments

Mumbai (IANS): The key Indian equity indices, BSE Sensex and Nifty50, opened in red on Tuesday.

Heavy selling pressure was witnessed in IT and metal counters. Index pivotals -- financial and banking stocks -- also traded lower. 

The…

Mid-segment Honor 8C smartphone in India next week

Mid-segment Honor 8C smartphone in India next week

20-11-2018  comments

New Delhi (IANS): Huawei's sub-brand Honor is set to launch "Honor 8C" smartphone in India in the coming week that will have 4,000mAh battery and 6.26-inch Notch FullView Display, industry sources told IANS on Tuesday.

Packed…

Sensex jumps amid hope of RBI-government truce

Sensex jumps amid hope of RBI-government truce

19-11-2018  comments

Mumbai (IANS): Key equity indices jumped amid bets the government and the Reserve Bank of India will bury their differences at a crucial central bank board meeting on Monday.

Subdued global oil prices, and foreign fund inflows amid a stable…

Facebook investors want Mark Zuckerberg to resign

Facebook investors want Mark Zuckerberg to resign

17-11-2018  comments

San Francisco (IANS) Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR…

Infosys to open Texas hub, hire 500 Americans

Infosys to open Texas hub, hire 500 Americans

14-11-2018  comments

Bengaluru (IANS): Infosys will soon open a technology hub at Richardson in the US state of Texas where it will hire 500 American techies by 2020, said the global software major on Wednesday.

"The new hub will drive expansion and create…

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