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BusinessToday.In
August 21, 2018
While the Sensex hit an all time high of 38,402 rising 124 points from yesterday's close, the Nifty rose 30 points to new peak of 11,581 after climbing 30 points from its previous close.


BusinessToday.In
August 21, 2018
There are already clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy.


BusinessToday.In
New Delhi, August 20, 2018
This change in leadership comes as the company is witnessing a global consumer exodus from carbonated drinks to healthier options. A report by Euromonitor in March said that consumption of carbonated drinks is slowing down because health-consciousness consumers


BusinessToday.In
August 20, 2018
While the Sensex touchedan all-time high of 38,340 breaching the previous peak of 38,076 reached onAugust 9, Nifty crossed the 11,500 mark for the first time ever to hit a newhigh of 11,565 level. 


Manu Kaushik
August 16, 2018
Vajpayee government took some historic decisions to fast-track the growth in the telecom sector.


Aseem Thapliyal
August 16, 2018
The stock has grown 561 per cent from Rs 98.30 on August 16, 2013 to Rs 640 on August 16, 2018. The Sensex has doubled during the same period. Meanwhile, its listed peers PC Jewellers and Titan Company rose 127% and 283.44%, respectively, during the last five years.


BusinessToday.In
August 13, 2018
PM Modi may push financial inclusion drive in I-Day speechPrime Minister Narendra Modi is expected to announce benefits for about 32 crore Jan Dhan account holders in his Independence Day address this week to provide a boost to the government's financial inclusion drive, official sources said. There could be a doubling of overdraft facility to Rs 10,000 under the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders as part of the government's effort to fund the unfunded, they said.PVR to acquire 71.69% stake in Sathyam Cinemas for Rs 633 crMultiplex chain PVR Ltd today said it is acquiring 71.69 per cent stake in South India-based SPI Cinemas for about Rs 633 crore in an all cash deal. It said that the company's board has also approved the issuance of 1.6 million shares of PVR for the residual stake. PVR said that the board has approved the execution of a Share Purchase Agreement (SPA) in this regard. Sathyam Cinemas is one of the largest cinema exhibitors in South IndiaAir India grounds 19 aircrafts due to lack of spares: ICPADebt-laden Air India has grounded as many as 19 aircraft, including nine Airbus A321, due to want of spares, resulting in a significant loss of revenue to the carrier besides flight cancellations, one of its pilots' body has alleged. PM Modi hits out at opposition, says campaign of lack of jobs needs to stop nowPrime Minister Narendra Modi has said that more than one crore jobs have been created in the last one year. In an interview to ANI, he argued that when economy is growing at a faster pace, in fact fastest among the major economies, how will the jobs market not expand? Hence, the campaign of lack of jobs needs to stop now, he said while referring to opposition's constant attack.Microsoft boss Satya Nadella sells one-third of his shares for $35 millionMicrosoft's Indian-origin CEO Satya Nadella has netted over USD 35 million after selling almost one-third of his common shares in the software giant. Nadella sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68 as the stock trades near a record price.India's economic growth to improve in coming quarters: CII-ASCONIndia's economic growth will improve further in the coming quarters due to recovery in domestic demand as also the investment cycle, according to the CII-ASCON Industry Survey. It said the demand and investment will be supported by better consumption patterns on account of favourable monsoon, moderation in inflation and the onset of festive season.Ayushman Bharat will create 2 lakh jobs in 5 years: Govt Nearly 2 lakh employment opportunities will be generated in five years time period with the implementation of Centre's flagship Ayushman Bharat program.This estimate has been made by the Union health ministry.These jobs will be created at various levels including hospitals, insurance companies, call centres and research section. Ayushman Bharat is a National Health Protection Scheme which will cover over 10 crore poor and vulnerable families


BusinessToday.In
August 10, 2018
Finance Minister Piyush Goyal on Thursday said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises.


Ajita Shashidhar
New Delhi, August 9, 2018
The complex milk procurement model (perfected by Amul and other cooperatives such as Nandhini) had psyched most multinationals, who are used to corporate farming.


BusinessToday.In
New Delhi, August 9, 2018
IMF sees Indian economy as an elephant that is starting to runThe International Monetary Fund (IMF) believes the $2.6 trillion economy is an elephant that is starting to run.What's more, its latest report on India not only reaffirms that the country is \"again one of the world's fastest-growing economies\" - accounting for about 15 percent of global growth - but also that India it could be what China previously was for the world economy.The report's favourable medium-term outlook reflects continued robustness in private consumption and a recovery in investment, which is supplemented by progress in bank balance-sheet repair and improved credit growth. WhatsApp officially rolls out forward message feature; restricts limit to 5 usersInstant messaging app WhatsApp has finally rolled out the limited 'forward message' option for India, which restricts a forward message to just five users, the company said on Wednesday. The Facebook-owned company has been under fire ever since several incidents of lynching, linked to rumours spreading through WhatsApp, were reported from different parts of India. \"The limit has started to appear this week for people in India who are on the current version of WhatsApp,\" the company said in a statement on Wednesday. Ikea opens its first store in Hyderabad todaySwedish retail giant Ikea has put all its might behind the company's first store in India opening in Hyderabad. The company put in around 12 years of work and took 6 years after their announcement to open their first Indian outlet. It is finally opening today. Flipkart-Walmart deal: CCI nod to US retail giant's Flipkart acquisition for $16 billionThe Competition Commission of India (CCI) cleared the acquisition of India e-commerce major Flipkart by the United States-based retail behemoth Walmart. The approval from the competition watchdog clears the path for the biggest FDI deal in the history of Indian corporate sector. Back in May, Walmart had announced acquisition of 77 per cent stake in Flipkart in lieu of $16 billion. Once the deal is complete, the 11-year old Indian e-commerce firm will be valued at $20.8 billion.SBI launches a unified payment terminal MOPAD State Bank of India, the largest lender with a fifth of the market share, launched a payments machine that would help merchants eliminate the multiple choices that they keep to facilitate transactions from cards to QR code based payments. The new device titled MOPAD, or Multi Option Payment Acceptance Device, is a Point of Sale (PoS) terminal that would along with cards accept payments through UPI, Bharat QR, and SBI Buddy wallet which till now required different tools to receive payments as reported by the Economic Times.Flipkart co-founder Sachin Bansal has this suggestion on ownership for Indian startupsFlipkart co-founder Sachin Bansal has a suggestion on ownership for Indian startups. One of the country's newest billionaires courtesy his recent exit from the company post its $16 billion deal with Walmart, Bansal told The Economic Times that differential voting rights will be helpful for the Indian startup ecosystem, especially for entrepreneurs. Bansal's decision to sell his entire stake to Walmart was reportedly the result of differences with the investors.  Google CEO Sundar Pichai questioned by US senators over reported Chinese search engineGoogle CEO Sundar Pichai is being questioned by six US senators on reports about the company's plan to release censored search engine in China as reported by the Indian Express. Reports that came out last week stated that Google is planning a censored search engine project for China via The Information. Following these reports, six US senators including Florida Republican Marco Rubio have written to Pichai. Google has neither confirmed nor denied these reports.


BusinessToday.In
New Delhi, August 9, 2018
The new policy proposes to revamp the Industrial Policy of 1991, and has been billed as the first major overhaul in nearly three decades.


BusinessToday.In
August 8, 2018
The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.


BusinessToday.In
August 7, 2018
During the Budget presentation in February, then Finance Minister Arun Jaitley had projected the fiscal deficit target at 3.3 per cent of GDP for the financial year 2018-19.


PTI
August 7, 2018
Mahindra & Mahindra (M&M) today posted 67 per cent rise in net profit at Rs 1,257 crore for the quarter ended June 30, driven by robust sales across segments.


Prosenjit Datta
August 7, 2018
The consumer confidence survey was for the June round, and conducted in six metros - Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi and had 5268 responses.


BusinessToday.In
New Delhi, August 7, 2018
The stable build of the operating system is available to Pixel devices and is expected to make it to other phones running on Android P Program and Android One.


BusinessToday.In
New Delhi, August 6, 2018
Samsung Galaxy On8 goes on first sale in IndiaSamsung Galaxy On8 (2018) will be going on its first sale in India. The device is placed in the mid-range segment and comes with Samsung's trademark Infinity display. The device will be competing against the likes of Redmi Note 5 Pro and Asus Zenfone Max Pro M1. The device will be available on Flipkart and Samsung's online store from 12 pm today.The Galaxy On8 is originally priced at Rs 17,990 but Samsung is selling the device at an introductory price of Rs 16,990. Samsung has not confirmed the number of units that will be sold at this price. However, on Flipkart, the device's original price is set at Rs 19,990 and the e-commerce website has announced a discount of Rs 3,000.Honor launches Play with flagship chipset Kirin 970 at Rs 19,999 Huawei's sub-brand Honor has launched Play, a mid-range smartphone with features like a notch-display, dual-camera setup and even a lot of AI features that will put the smartphone's hardware to good use. The new device will be sold exclusively on Amazon India's website and will go on sale on  Monday.The Honor Play will be available in two variants, one with 4GB RAM and the other with 6GB of RAM. The device comes with a 19.5:9 display which gives it a tall form factor and helps accommodate a large screen. The Honor Play comes with nifty features like GPU Turbo technology, which the company claims increases the performance of the device by 60 per cent and decreases the battery consumption by 30 per cent. The camera of the device comes with an AI-based feature that lets the user detect objects on the go and find them on Amazon's online e-commerce platform.Facebook dating service undergoes testing within companyOn the first day of the F8 Developer Conference, Facebook unveiled a product that got people talking. The biggest social network revealed its plans to play cupid through their own dating service. It has been two months since the company made that announcement and we have just got our first sneak peek into what the service will look like.The dating app is being tested internally by Facebook employees. That doesn't mean the company wants their employees to date each other, instead, this is being done to rid the platform of the major bugs before it is made available for public testing. Facebook confirmed the news, as mentioned in a report in The Verge.


BusinessToday.In
August 6, 2018
Huawei's sub-brand Honor has launched Play, a mid-range smartphone with features like a notch-display, dual-camera setup and even a lot of AI features that will put the smartphone's hardware to good use.


Nidhi Singal
August 3, 2018
Once a booming segment, the worldwide tablet market continues to decline year after year. For the second quarter of 2018, the global shipments fell to 33 million, resulting in a 13.5 per cent decline, reports IDC in its Worldwide Quarterly Tablet Tracker.


Joe C Mathew
August 2, 2018
Invest India, the national investment promotion and facilitation agency set by the Central government has joined hands with energy sector companies to offer lab-to-market opportunity for Indian start-ups through a three month 'Integrate to Innovate' Programme.


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