Jio offers Rs 2,200 cashback on purchase of smartphones

Feb 16 2018

Both existing and new customers of Jio can avail a cashback of up to Rs 2,200 on buying smartphones of 22 companies, including Samsung, Xiaomi, Huawei and Blackberry.

Honor 9 Lite sold out in record 6 minutes on Flipkart

Feb 13 2018

The 5.65-inch Honor 9 Lite has dual cameras on both the front and rear and runs Android 8.0 Oreo with EMUI 8.0.

China's Huawei pledges new 3 billion pounds investment in Britain

Feb 06 2018

China’s Huawei Technologies plans to spend a further 3 billion pounds in Britain on procurement, the chairwoman of the world’s largest maker of telecom equipment said.

China's Xiaomi back to top five vendors as global market shrinks

Feb 02 2018

China’s Xiaomi has climbed back into the global top five vendors list as the global market shrunk annually, even if only by a fraction, for the first time in 2017.

Apple top smartphone brand in 4Q, Samsung leader in 2017

Feb 02 2018

Apple surpassed Samsung to become the top smartphone brand in the fourth quarter of 2017 as it shipped 77.3 million iPhones globally, a report said.

Nokia top quarterly expectations, buoyed by patent payment

Feb 01 2018

Nokia reported better-than-expected quarterly profits as a one-off patent payment from China’s biggest smartphone maker offset weak global sales .

Honor 9 Lite: Four-camera set-up to disrupt mid-segment market

Jan 22 2018

It comes with a 5.65-inch full-HD+, bezel-less display with an 18:9 aspect ratio in a 5.2-inch screen form factor, giving extra work space to users.

Honor rolls out 'Face Unlock' feature to 'View 10'

Jan 18 2018

Chinese technology giant Huawei's brand Honor announced the roll-out of a software update that will bring 'Face Unlock' feature to its "View 10" smartphones.

US lawmakers urge AT&T to cut commercial ties with Huawei: source

Jan 16 2018

US lawmakers are urging AT&T Inc, to cut all commercial ties to Chinese phone maker Huawei and oppose plans by telecom operator China Mobile Ltd to enter the US market.

China's mobile phone shipments fall in 2017, shows data

Jan 10 2018

Mobile phone shipments reached 491 mn last year while only 1,054 new types of cellphones were rolled out, down 12.3% and 27.1% respectively, Xinhua reported.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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