Business
Loan under 59 minutes among Modi's major sops for MSMEs

Loan under 59 minutes among Modi's major sops for MSMEs

02-11-2018  comments

New Delhi (IANS): Prime Minister Narendra Modi on Friday announced a host of sops for the ailing Micro, Small and Medium Enterprises (MSME) sector including approval for loans up to Rs 1 crore within 59 minutes with 2 percent interest subvention.

GST collections cross Rs 1 lakh crore mark

GST collections cross Rs 1 lakh crore mark

01-11-2018  comments

New Delhi (IANS) Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday.

This was a marked improvement over the September GST collection…

Apple confirms new iPad Pro, MacBook Air price in India

Apple confirms new iPad Pro, MacBook Air price in India

31-10-2018  comments

New Delhi (IANS): Apple on Wednesday confirmed the price of its newly-launched iPad Pro, MacBook Air and Mac Mini in India.

The 11-inch iPad Pro starts at Rs 71,900 for the Wi-Fi model and Rs 85,900 for the Wi-Fi+ Cellular model.

The…

Sensex jumps 550 points, Nifty above 10,300

Sensex jumps 550 points, Nifty above 10,300

31-10-2018  comments

Mumbai (IANS): Riding on firm global cues, the domestic markets ended higher on Wednesday, as the key equity indices -- S&P BSE Sensex and Nifty50 -- jumped over 1.60 percent each, driven by banking and finance counters.

However, the markets…

US restricts Chinese chipmaker from buying American parts

US restricts Chinese chipmaker from buying American parts

30-10-2018  comments

Washington (IANS): The US has restricted exports to a state-backed Chinese company that makes semiconductors in the latest escalation in Washington's trade fight with Beijing.

On Monday, the US Commerce Department said Fujian Jinhua Integrated…

IBM to acquire Red Hat for $34 bn

IBM to acquire Red Hat for $34 bn

29-10-2018  comments

San Francisco (IANS): Sending a strong signal towards dominating the emerging $1 trillion Hybrid Cloud market, tech major IBM has announced to acquire Open Source Solutions leader Red Hat for a massive $34 billion.

The acquisition, IBM's…

Sensex, Nifty surge over 2% on value buying

Sensex, Nifty surge over 2% on value buying

29-10-2018  comments

Mumbai (IANS): The Sensex on Monday spurted over 700 points to scale the 34,000-mark, as investors boosted purchases after a string of declines had taken the barometer indices to a 7-month low last week.

The NSE's Nifty closed slightly…

Petrol, diesel prices continue to fall as global crude rates ease

Petrol, diesel prices continue to fall as global crude rates ease

28-10-2018  comments

New Delhi (IANS): State-run oil marketing companies continued to cut the prices of key domestic transport fuels -- petrol and diesel -- well into the second week on Sunday on lower global crude oil prices.

According to the Indian Oil Corp data,…

Microsoft acquires GitHub for $7.5 billion

Microsoft acquires GitHub for $7.5 billion

27-10-2018  comments

San Francisco (IANS): Microsoft has closed its $7.5 billion acquisition of GitHub, a leading software development platform which brings more than 31 million developers to create, collaborate, share and build on each other's work.

Nat Friedman,…

Telcos told to be ready with new KYC process by Nov 5

Telcos told to be ready with new KYC process by Nov 5

27-10-2018  comments

New Delhi (IANS): The Department of Telecommunications (DoT) has asked telecom operators to be ready with an alternate verification process for approval from the department by November 5, as it ordered the operators to stop using Aadhaar e-KYC for…

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