COMPANIES

  • Samsung removes its logo from Galaxy S6, S6 Edge in Japan April 19, 2015

    Seoul: Samsung has removed its corporate logo from its new smartphones sold in Japan, a company spokeswoman confirmed Saturday. The name Samsung is missing on both the Galaxy S6 and its curved-edge variant, the Galaxy S6 Edge. These models are presented as Docomo Galaxy and au Galaxy, carrying the names of its...
  • Insurance company will offer you a discount if you let them track when you are having sex April 16, 2015

    New Delhi: An American insurance company aims to offer its customers discounts and freebies who agree to wear an activity tracker that could, of course, monitor your sex activities! Traditionally insurance companies based their offerings on your medical history and age, among other factors. However, insurance company John Hancock has...
  • Two Indian Americans charged with $1.1 million fraud April 5, 2015

    Washington: Two Indian American long-time friends have been charged with making over $1.1 million in illegal profits from insider trading on news of a proposed acquisition of Cooper Tire and Rubber Company by India-based Apollo Tyres Ltd. In a complaint filed in a US district court in Connecticut on Thursday, US...
  • PM Modi appeals to well off people to give up subsidised LPG March 27, 2015

    New Delhi: Prime Minister Narendra Modi on Friday appealed to the well off people to give up subsidised cooking gas, and expressed his government's resolve to reduce dependence on energy imports by 10 per cent by 2022. Sharing oil companies' plans to increase piped cooking gas connection to one crore households...
  • Delhi's iconic Taj Mansingh to go under hammer today March 25, 2015

    New Delhi: The iconic Taj Mansingh Hotel in the heart of the national capital will go under the hammer on Wednesday with New Delhi Municipal Council (NDMC) initiating proceedings after getting a go-ahead from the Union Home Ministry for its auctioning. The property, owned by the NDMC, was given to Tata-backed...
  • Google aims to bring Internet-like ads on TV via Google Fiber March 23, 2015

    New Delhi: Google is reportedly testing a new ad feature for Google Fiber that will bring Internet-like ads on the TV. The local advertising service will collect data from the set-top-boxes about the number of times a particular ad was watched in homes with Google Fiber. Unlike the standard policy of...
  • 12 players to be part of Diamond Quadrilateral project March 22, 2015

    New Delhi: Reputed companies from six countries, including France, Germany, Italy and China, have entered the race to become part of Prime Minister Narendra Modi's pet Diamond Quadrilateral bullet train project. Twelve international companies are bidding for conducting the feasibility study for the three corridors of the Diamond Quadrilateral high-speed rail...
  • Over 40 per cent of India's philanthropists to raise donations by 2020 March 21, 2015

    Mumbai: Over forty per cent of the country's philanthropists will increase their contribution by 2020, driven by strong growth in the economy, says a report. "More than four out of ten current donors will increase their philanthropic contributions in the next five years," business consulting firm Bain & Company said...
  • GoDaddy's IPO to value Web hosting company at $2.87 billion March 19, 2015

    Bengaluru: Web hosting company GoDaddy's initial public offering is expected to be priced between $17 and $19 per share, valuing the company at $2.87 billion at the top end of the range. The offering of 22 million class A shares is expected to raise up to $418 million, the company said...
  • Delhi's iconic Taj Mansingh Hotel to go under the hammer March 17, 2015

    New Delhi: The iconic Taj Mansingh Hotel in the heart of the national capital will go under the hammer soon with New Delhi Municipal Council (NDMC) initiating proceedings after getting a go-ahead from the Union Home Ministry for its auctioning. The property, owned by the NDMC, was given to Tata-backed Indian...
  • SEBI cancels Sahara's portfolio management licence February 27, 2015

    Mumbai: The Securities and Exchange Board of India (SEBI) said it has cancelled the portfolio management licence held by Sahara Asset Management Company Pvt Ltd, saying the firm did not comply with its "fit and proper" norms. Financial firms must meet regulators' "fit and proper" criteria to operate in India. The asset...
  • Car technology troublesome but important to buyers February 26, 2015

    Detroit: Connecting a mobile phone and giving voice commands are still causing drivers problems, but new technology features will be highly desirable to buyers when they make their next new vehicle purchase, according to a study of auto dependability released on Wednesday. Looks and exterior design are still the top reasons...
  • Coal block auctions in India see aggressive bidding February 19, 2015

    New Delhi: Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd (COAL.NS). The auction follows a court cancellation of all previous licences and the initial...
  • AAP funding row: How shell companies work, explains Financial Journalist February 3, 2015

    Speaking to CNN-IBN, Financial Journalist Amit Goel on Tuesday said that shell companies exist only on paper and have fictitious address. The BJP and Congress have sought to corner the Aam Aadmi Party (AAP) over the alleged dubious donations and demanded a probe into it. ...
  • 'Korma, Kheer and Kismet' is a gastronomic memoir of a food-obsessed journalist January 28, 2015

    New Delhi: When Scottish journalist Pamela Timms came to India in 2005 with her husband and her three children it was meant to be a short trip for her. But they settled down in Delhi, where her husband is now the South Asia editor of London's Telegraph newspaper. Desperately seeking a...
  • Minority shareholders voting on Gujarat plant in 6 months: Maruti January 27, 2015

    New Delhi: Maruti Suzuki India expects to obtain minority shareholders approval on its plans to let parent Suzuki Motor Corporation own and invest in its upcoming plant in Gujarat in the next six months. The company, which had delayed seeking the approval for the same, is awaiting the amendments to...
  • IT sector employees earn highest salary of Rs 341.8/hour: Report January 20, 2015

    New Delhi: With a median gross salary of Rs 341.8 per hour, the IT sector in India has emerged as the most lucrative sector in India, followed by finance where employees get Rs 291 per hour, a report says. According to leading online career and recruitment solutions provider, Monster India, those...
  • 8 Indian companies in Fortune 500 spend $81 million a year on CSR: report January 18, 2015

    New Delhi: As many as eight Indian companies in Fortune Global 500 list including Reliance Industries and ONGC spend as much as $81 million a year on Corporate Social Responsibility (CSR) activities, a report says. According to a report published by the Varkey Foundation in partnership with UNESCO, while, the eight...
  • Google in talks to buy mobile-payments company Softcard: Report January 17, 2015

    Bengaluru: Google is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter. The deal could help pair Google with the largest US wireless carriers to battle Apple and its new Apple Pay service, TechCrunch wrote. The deal may be valued below...
  • US slaps sanctions against Dawood Ibrahim's brother January 17, 2015

    Washington: The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company. Designation of two long-time members of D Company, Shaikh Anis Ibrahim Kaskar (Anis Ibrahim), the brother of Dawood Ibrahim, and Aziz...
  • CSR mushrooming the minds of Indian youngsters January 16, 2015

    Corporate Social Responsibility in India is now a robust and thriving sector and has definitely touched a new high, in the wake of the recent law implemented for Indian corporates as well as foreign investors. The roots of CSR lie in philanthropic activities, which encompass a long list of activities...
  • Over 1,200 Japanese firms in India, grow 13 per cent in year January 11, 2015

    New Delhi: The number of Japanese companies registered in India increased 13 per cent by 137 and totalled 1,209 as in October last year as compared to 1,072 in October 2013, the Japanese embassy said Sunday. "The total number of Japanese business establishments in India is 3,961 with an increase of...
  • 'Tiger Fire' speaks to all animal lovers January 10, 2015

    A book on tigers and their history and more so five hundred years of the tiger in India is a treat for readers from the word, "Go"! This book is wonderfully contributed by various writers and brilliantly edited by Valmik Thapar, the tiger expert. "Tiger Fire" charts the history of...
  • 'The Prince of Gujarat' is a lazy weekend read January 10, 2015

    The Prince of Gujarat is a one of a kind book. It is a story of a prince who was a part of India's struggle for independence. It is a story of times when princes and kings did not want to let go of their kingdoms and Gopaldas Patel did...
  • 'Becoming a Mountain' is a must read for those who want to look for calm and peace of mind January 10, 2015

    I have always been wary of reading travelogues. I somehow feel that the author may not be able to capture the scenic beauty or the imagery of the place through a book. I honestly believe that one needs to experience it for oneself. Travelogues also have this strange element that...
  • Delhi High Court dismisses PIL against Aamir Khan's 'PK', says it isn't offensive January 7, 2015

    New Delhi: The Delhi High Court Wednesday dismissed a PIL filed against Raj Kumar Hirani directed and Aamir Khan starrer film 'PK', saying "the film was not offensive". A division bench of Chief Justice G. Rohini and Justice R.S. Endlaw refused to entertain the plea which sought ban on the film...
  • US based brewing company sells beer named after Mahatma Gandhi, Indo-Americans upset January 6, 2015

    New Delhi: Upset Indo-Americans have urged Woodbridge (Connecticut, USA) based New England Brewing Company to immediately withdraw its "Gandhi" beer, calling it highly inappropriate. Indo-American statesman Rajan Zed, in a statement in Nevada (USA), said that peace icon Mahatma Gandhi abhorred drinking. Selling beer named after him was highly damaging to...
  • Poonam Pandey: I don't need to do anything controversial now; I've achieved whatever I wanted through controversies December 31, 2014

    Hyderabad: Model-turned-actress Poonam Pandey who made her debut in the Bollywood movie 'Nasha', said here today that she achieved whatever she wanted through earlier controversies. "At one point, I preferred controversy. After getting so much of work, I don't need to do anything controversial now. I achieved whatever I wanted through...
  • Any film worth a debate is a good film: Boman Irani on 'PK' controversy December 29, 2014

    Mumbai: Reacting to the controversies surrounding Rajkumar Hirani's latest release 'PK', actor Boman Irani says people need to respect the viewpoint of the makers. "People may agree and may even disagree but then they have to respect it (the concept of 'PK') because we are also respecting their view," Boman, who...