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BusinessToday.In
New Delhi, June 29, 2018
OnePlus to develop the first 5G smartphoneThe next OnePlus device might very well be the first 5GB smartphone ever. Talking at Mobile World Congress in Shanghai, OnePlus chief Pete Lau said that the company is exploring its partnership with Qualcomm to develop one of the first 5G phones. The launch of the next OnePlus flagship, which is likely to be called OnePlus 7, will be in sync with the first yeatr of 5G in the US. OnePlus is also looking into carrier deals in the United States to expand its reach in one of the most important markets in the world.Redmi 6 Pro launched in ChinaXiaomi added the Redmi 6 Pro to its new generation of Redmi smartphones. The device was launched in China earlier this week. The redmi 6 Pro comes with the trusted Snapdragon 625, coupled with 3GB or 4GB of RAM. The three variants of the device get either 32GB or 64GB of internal storage, depending on their memory configuration. At the front is a 5.8-inch FullHD+ screen with a display cutout at top, the first in Redmi devices. At the back is the familiar Redmi design language with a dual camera setup featuring 12MP and 5MP sensors.Xiaomi sells a million units of Mi 8 series, Mi Band 3It was a week of milestones for Xiaomi. The Chinese tech giant sold a million units of its recently launched Mi 8 series in a span of 18 days. A million units of the Mi Band 3, which was launched alongside the Mi 8 series were sold in only 17 days. These sales figures pertain to the Chinese markets alone as the devices are yet to be launched in global markets.Apple starts assembling iPhone 6s in IndiaApple has reportedly started assembling iPhone 6s in India. The tech giant has collabrorated with its Taiwan-based manufacturer for this. The Taiwanese compnay has set up a production line for iPhone 6s in its Bengaluru facility. However, Apple is producing limited quantities of iPhone 6s in India, and will have to scale its operations if Indians are to get any price benefits.Apple-Samsung seven-year-long legal war comes to an endApple and Samsung buried the hatchet in a seven-year-long legal battle over patent infringement. However, both companies withheld the compensation amount that has been paid to Apple in this matter. Apple sued Samsung for the first time in 2011 over charges of copying design and utility patents of iPhone.Instagram brings own video call featureAfter introducing its TV feature last week, Instagram rolled out its own video call feature this week. The video call is available to all Instgram users, and they will only  have to update their apps to the latest verison. The video call option in available under the chat section of Instagram.WhatsApp Payments delayed due to lack of communicationThe launch of WhatsApp Payments has been delayed due to lack of communication betweenn the agencies. Reports suggest that the National Payments Corporation of India (NPCI) has failed to answer critcial questions about the UPI-based payments services asked by the Ministry of Electronics and Information Technology. WhatsApp Payments has been in Beta since February and is being tested by one million users.


BusinessToday.In
New Delhi, June 29, 2018
WhatsApp is taking a big step forward by piloting their Payments feature in India. The feature has been in Beta since February and is being tested by around a million users across the country.


BusinessToday.In
June 28, 2018
Evergreening is a practice whereby banks extend even more loans to debt-laden companies to help them repay previous loans and hopefully earn enough revenue along the way to get out of trouble.


Udit Bhambri
June 26, 2018
Recently we have seen the rise of personalised campaigns and content and the increase use of mobile devices and smartphones. With rising consumer engagement on the smaller screen, mobile is set to take a big piece of the digital pie for ad spends in 2018. 


E. Kumar Sharma
New Delhi, June 25, 2018
Y.C. Deveshwar at ITC and A.M. Naik at L&T have built a legacy any corporate leader would be proud of. Then there are others whose initiatives are still in the process of bearing fruit.


Sonal Khetarpal
New Delhi, June 25, 2018
The clear and present danger of personal data being leaked or stolen has been recognised. But India's proposed law to prevent it needs to work out several issues before it can be finalised.


BusinessToday.In
New Delhi, June 21, 2018
The case in question was being fought between SBI Cards & Payments Services Pvt Ltd and Rohidas Jadhav. Jadhav, who had pending credit card dues, was ordered in 2011 to repay the amount along with 8 per cent interest.


BusinessToday.In
New Delhi, June 19, 2018
ICICI Bank CEO Chanda Kochhar to be on leave till probe is over, Sandeep Bakhshi named COOThe ICICI Bank's Board of Directors has said that Chanda Kochhar, MD and CEO of ICICI Bank, will be on leave till the ongoing independent enquiry against her is completed. In its meeting, the Board also appointed Sandeep Bakhshi as the Whole Time Director and Chief Operating Officer (COO) designate. He will report to the ICICI Bank CEO. In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation. Bakhshi's tenure will be for a period of five years and his appointment is subject to regulatory approval. He will assume office on June 19, 2018, or on the date of regulatory and other approvals, whichever is later.Arun Jaitley predicts a brighter future, more jobs in detailed Facebook postHe may be on sick leave and unable to attend office but that has not stopped Union Minister Arun Jaitley from actively batting for the government on the social media. He took his latest pot-shot at the opposition earlier today, tweeting that \"The economy & the markets reward structural reforms, fiscal prudence, and macro-economic stability. They punish fiscal indiscipline and irresponsibility. The transformation from UPA's 'policy paralysis' to the NDA's 'fastest growing economy', conclusively demonstrates this.\" Jaitley's post focuses on booming sectors instead. \"An analysis of the data released clearly shows that the construction sector is expanding by double digits. It is a job creating sector. Investment is increasing. Domestic investment is also increasing. The FDI is at an unprecedented level,\" he said, adding that the manufacturing sector is also expanding. That apart, the government had increased expenditure on infrastructure creation and rural projects.Vijay Mallya first person to be booked under new Anti-Financial Fraud LawThe Enforcement Directorate has filed a prosecution complaint or a supplementary charge-sheet against liquor baron Vijay Mallya under the Fugitive Economic Offenders Act. The document has been filed before a special court under the provisions of the Prevention of Money Laundering Act (PMLA), naming the defunct Kingfisher Airlines, UBHL (United Breweries Holdings Ltd) and Vijay Mallya under the new law. The Fugitive Economic Offenders Ordinance, 2018 aims to deter economic offenders from evading the law by remaining outside the jurisdiction of Indian courts.Central Water Commission to use Google technology to forecast floods  The Central Water Commission (CWC) has entered into an agreement with Google to improve flood forecast systems and disseminate flood-related information by using technology developed by the tech giant. \"The initiative is likely to help crisis management agencies to deal with extreme hydrological events in a better manner. Under this agreement, the CWC and Google will share technical expertise in various fields, including geospatial mapping and analysis of hydrological observation data,\" the Water Resources Ministry said.The CWC, which is an apex technical organisation in the field of water resources, will use Google technology to improve flood prediction systems and will also use tech giant's earth engine to visualise and improve flood management.Tata Nano to get another lease of life with new electric motor; Ola among first buyersThe Tata Nano is all set to come in a new avatar, the all-new Jayem Neo EV. Not only that, the new Nano will also be incorporated in the cab service company Ola, where 400 units of the new car will initially be supplied. Jayem Automotive, an engineering company has supplied parts to Tata Motors for a very long time. Tata Motors announced a joint venture with Jayem Automotives Pvt. Ltd. to develop special performance vehicles. Jayem Automotives will now source the body shell and cycle parts from Tata Motors and assemble the Neo Electric in Coimbatore.Ayushman Bharat: Only half the states ready to launch scheme on August 15On August 15, when Prime Minister Narendra Modi will launch the Ayushman Bharat National Health Protection Mission (AB-NHPM), almost half of the states would not be part of it. Only 12-15 states will launch the scheme that day as the others are not prepared to roll it out on time. States like UP, Bihar, Assam and West Bengal may take up another 6 months or longer to launch Ayushman Bharat. Announced in the 2018 Budget, the AB-NHPM was touted as the 'world's largest government funded health care programme'


BusinessToday.In
June 18, 2018
The much-awaited report by the Justice BN Srikrishna-led committee for a data protection framework for India is expected by the end of the month.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


PB Jayakumar
New Delhi, June 12, 2018
Speaking at a panel discussion on the topic in Quebec, Fadnavis said that Maharashtra was the first state in India to come out with a comprehensive cloud policy that has enabled the entire government to take steps to shift its operations to cloud and take advantage of the capabilities of cloud computing.


P B Jayakumar
New Delhi, June 11, 2018
Maharashtra Chief Minister Devendra Fadnavis, now on a trip to the Middle East, USA and Canada to attract foreign investments into the state, has managed investment commitments in ports, infrastructure and urban housing -- including slum redevelopments projects -- from the United Arab Emirates' (UAE) key decision makers and business leaders.


Nidhi Singal
New Delhi, June 11, 2018
Augmented reality is set to take the tech world by storm in the wake of new announcements from Apple and Google.


PTI
June 10, 2018



PTI
June 7, 2018



PTI
June 7, 2018



BusinessToday.In
New Delhi, June 7, 2018
In 2015, TCS had made offers to 44,000 students, which fell to 35,000 offers and then 20,000 in the next two years. This year, too, it has made offers to 20,000 students during on-campus recruitments. Its off-campus hiring stood at 4,000.


PTI
New Delhi, June 3, 2018
The tax department is currently studying the details received from Flipkart, said an official, adding that they can issue notices seeking details of taxes withheld once the transactions are completed.


PTI
June 3, 2018



PTI
June 1, 2018



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