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BusinessToday.In
New Delhi, July 18, 2018
The long-pending merger of Idea Cellular and Vodafone India had received a go-ahead from the DoT on July 10. The department says the dues demanded are just fine, and both these companies need to pay up at the earliest.


BusinessToday.In
July 17, 2018
The younger IITs are not only catching up with the older ones in terms of attracting marquee names but also in terms of the salaries being offered.


Ajita Shashidhar
New Delhi, July 16, 2018
The retail business globally is moving towards platform play. The rationale behind this is to own the consumer at every possible touch point.


BusinessToday.In
New Delhi, July 14, 2018
Reliance Foundation has pitched Mashelkar's name to the government committee as the Chancellor of the Jio Institute. The names of Dipak C Jain has been proposed as the Vice-Chancellor of the Institute.


BusinessToday.In
New Delhi, July 13, 2018
As RIL stock surged to a record high of Rs 1,101 after touching an all-time high of 1,106.65 during the day on Friday, the net worth of Mukesh Ambani -- who holds 44.5 per cent stake in the company -- also jumped to $44.3 billion.


BusinessToday.In
July 13, 2018
Reliance JioPhone recently got support for essential apps like WhatsApp, Facebook, and YouTube. Now, KaiOS, the operating system that runs in the JioPhone and JioPhone 2 will get support for Google Maps.


BusinessToday.In
July 13, 2018
A day after entering the $100 billion m-cap club, RIL stock continued its rally on Friday to breach the 7 lakh crore market valuation.


BusinessToday.In
July 12, 2018
The Reliance Industries stock rose to its intra day high of 1091 level, a rise of 5.27% from previous close. Its market capitalisation rose to Rs 6,88,766 crore  on the BSE.


BusinessToday.In
New Delhi, July 11, 2018
As the backlash on Twitter showed no signs of subsiding, the Ministry of HRD issued a statement clarifying how Jio Institute came to be picked. It clarified that Jio Institute was chosen under the greenfield category.


Ranjeev C Dubey
July 10, 2018
You can set up a maximum security biometric identity system in a high security facility with all round controlled access but the moment you take it to a national level, it develops any number of leakage points.


BusinessToday.In
July 10, 2018
The Ministry of Human Resource Development today came out with an explanation on how Jio Institute was accorded such coveted status despite having no physical infrastructure in place.


Aseem Thapliyal
July 10, 2018
The market capitalisation of India's second-largest firm in terms of M-cap rose to Rs 6,49,956 crore.  The stock rose amid reports that brokerage Credit Suisse has initiated coverage and gave a target price of Rs 1,180 assigning 'outperform' rating for the share of Mukesh Ambani-owned conglomerate.


BusinessToday.In
New Delhi, July 9, 2018
The DoT nod is significant as reports suggest the process of the proposed deal is being closely watched by the PMO. Being one of the biggest merger deals in telecom makes it even more interesting for foreign investment companies looking for future deals in India.


BusinessToday.In
July 9, 2018
Data can be rolled over up to 500GB, i.e. unused data from one month is added on to the next month. The move comes after the company made a series of changes across fixed broadband plans, and is touted to counter upcoming Jio GigaFiber broadband by Reliance.


BusinessToday.In
New Delhi, July 9, 2018
The benefits provided by Airtel vary according to the duration of subscription; viz. a subscriber can save up to 15% on a 6 month subscription, while up to 20% on a 1 year plan.


BusinessToday.In
New Delhi, July 9, 2018
1. WhatsApp suggest ways to curb fake news on its platformResponding to concerns raised by the Indian government, WhatsApp suggest ways to check the spread of fake news on its platform. These ways include product controls, digital literacy and fact-checking. WhatsApp recently introduced limited broadcasting and marking forwarded messages as product controls. The Facebook-owned instant messaging platform indicated that its deals with absue in two ways - by giving controls and information to the user to keep them safe and by proactively stopping the misuse of the platform.2. Google under fire for allowing third parties to scan Gmail inboxesGoogle faced a lot of flak for allowing third party developers scan the inboxes of Gmail users. While the Mountain View tech giant has stopped scanning its users' inboxes for sending personalised ads, it allowed third parties to continue doing the same. Some of the third party developers even had access to thousands of Gmail user accounts. Google later clarified that it vets its third-party apps to make sure they request only relevant information and do not misrepresent themselves.3. Reliance Jio launches JioGigaFiber, JioPhone 2Reliance Jio launched its much-awaited fixed fibre internet connection at its AGM this week. Dubbed the JioGigaFibre, the internet connection will carry smart home solutions and will potentially connect 50 million homes. Reliance Jio also launched the second iteration of its JioPhone, the JioPhone 2. It comes with a QWERTY keypad and access to various apps like Facebook, WhatsApp and Youtube.4. Xiaomi starts teasing Mi Max 3Xioami is expected to launch the Mi Max 3 at an event it is going to host soon. In the run up to the event, Xiaomi has started to tease the device, but in a peculiar manner. The company is re-releasing the old teasers of its Mi Max devices on its Weibo account ahead of the launch of Mi Max 3. The Xiaomi Mi Max 3 will come with a bezel-less design and a 6.99-inch screen. Inside it will have the Snapdragon 636 coupled with 6GB of RAM. A more powerful Mi Max 3 Pro is also expected to be launched with the Snapdragon 710.5. Samsung Galaxy On6 in India at Rs 14,490Samsung launched its new mid-range device, the Galaxy On6, in India. The USP of the device is its Infinity Display which comes with a HD+ resolution and an aspect ratio of 18.5:9. The phone has an Exynos 7870 chipset coupled with 4GB of RAM running the show. The Samsung Galaxy On6 is exclusively available on Flipkart for a price of Rs 14,490.6. OnePlus 6 rival Asus Zenfone 5Z launched in IndiaAsus launched its flagship smartphone, the Zenfone 5Z in India. The device comes with Snapdragon 845 coupled with 6GB of RAM and 64GB of internal storage, 8GB of RAM and 128GB of internal storage, or 8GB of RAM and 256GB of internal storage. At the front is a 6.2-inch LCD display with a notch at top which houses the usual sensor and an 8MP front camera. At the back is a dual camera setup with 12MP and 8MP sensors. The Asus Zenfone 5Z has been priced in a range of Rs 29,999 too Rs 36,999.7. Google goes the gaming wayGoogle is reportedly testing an online gaming streaming service, codenamed Yeti. The company might even come out with a gaming console in days to come. This will be similar to Nvidia Geforce, which allows users to play modern games on low-end devices


BusinessToday.in
New Delhi, July 6, 2018
WhatsApp suggest ways to curb fake news on its platform; Google under fire for allowing third parties to scan Gmail inboxes; Reliance Jio launches JioGigaFiber, JioPhone 2; Xiaomi starts teasing Mi Max 3; Samsung Galaxy On6 in India at Rs 14,490; OnePlus 6 rival Asus Zenfone 5Z launched in India and Google goes the gaming way. Watch BusinessToday.In Weekly Tech Wrap with Vivek Punj.


Karan Dhar
New Delhi, July 6, 2018
\"As Reliance transitions to become a technology platform company, we see our biggest growth opportunity in creating a hybrid, online-to-offline new commerce platform,\" Ambani said at the RIL AGM.


Mudit Kapoor
July 6, 2018
The telecom operators are facing the heat after Reliance Jio's entry as the competition has increased within a short frame of time. Consumers, however, stand to benefit the most as they are getting the best of telecom services at dirt cheap prices.


BusinessToday.In
New Delhi, July 6, 2018
ED initiates extradition process against Nirav Modi under MLATWith the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA. Till now, the extradition has been sought from UK, Belgium and a few other countries. But that's not all. The agency is also working on another strategy, i.e. MLAT. Sources told Indiatoday.in that the agency is also making a request for extradition of Nirav Modi under Mutual Legal Assistance Treaty (MLAT). MLATs are agreements between two or more countries, which create obligations under international law for governments to assist one another in criminal investigations and prosecutions. Mukesh Ambani unveils JioGigaFiber at RIL AGM 2018The richest man in the country who runs India's largest private enterprise by revenue has announced his ambitious plan for taking India among Top 5 nations in fixed-line broadband.Ambani also launched the advanced version of Jio's flagship device, JioPhone. Besides, he also launched Jio Gigafibre. The new Jio Phone 2 will hit the markets by August 16 this year and will be available at a price of Rs. 2999. Mukesh Ambani has also announced the Jio Monsoon offer, he informed that old JioPhone users can exchange their phones in just Rs 501 under the special Reliance Jio Monsoon offer. The offer is valid till July 21. He also informed that Reliance Jio and Retail ventures were the top earners for the company in the previous fiscal year. Kishore Biyani's Future Lifestyle Fashions acquires stake in fashion etailer KoovsIn a regulatory filing yesterday, Biyani-led Future Lifestyle Fashions Ltd (FLFL) disclosed that it has reached a conditional agreement with leading e-commerce fashion business Koovs to acquire up to 29.9 per cent stake in it, subject to regulatory and procedural approvals. According to Mint, FLFL will shell out Rs 140 crore for this acquisition, which will be funded through internal accruals and the money it had raised though a stake sale to Singapore-based private equity firm L Catterton Asia in May. E-tailers exploring ways to improve reverse logistics costs: Study  E-tailers are increasingly looking for ways to improve their \"reverse logistics\" capabilities to offset the high costs associated with handling returned goods, a study by Zebra Technologies said today. Reverse logistics refers to the process of return of a product to the manufacturer or the company. The study said that while handling product returns is not a new challenge, it has become an \"infinitely bigger concern\" in an omni-channel marketplace.The report said merchants are increasingly exploring new models to offset the costs of returns.About 58 per cent of retail respondents said they add a surcharge for returns currently, while a segment of participants said they plan to do so in the future.About 35 per cent of the respondents of the study in the Asia-Pacific region were from IndiaIran to Trump: oil will cost $100 per barrel, and it is your faultOil will soon cost $100 per barrel due to supply disruptions caused by U.S. President Donald Trump, Iran's OPEC Governor told Reuters on Thursday, as he warned expectations that Saudi Arabia and Russia would help bring down prices were in vain.Trump again accused the Organization of the Petroleum Exporting Countries of driving fuel prices higher on Wednesday, and urged U.S. allies such as Saudi Arabia to pump more if they wanted Washington to continue protecting them against their top foe Iran. Iran, OPEC's third-largest producer, is facing U.S. sanctions on its oil exports that are prompting some buyers to cut purchases.Indian Aviation Records Double Digit Passenger Growth For Nearly Fourth Straight YearIndia registered double-digit domestic air passenger growth for the forty fifth straight month in May even as volumes moderated in recent months. The International Air Transport Association said that the country's revenue passenger kilometre--a measure of passenger volumes--rose 16.6 percent in May. Seasonally-adjusted passenger volume in India has fallen back in recent months alongside some mixed signs on the economic front, it said. IATA said that this year growth is expected to slow slightly due to reduced stimulus from lower airfares and a mixed economic backdrop.


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