- Business
CII appreciates Govt stance on RCEP agreement
New Delhi [India], Nov 5: Confederation of Indian Industries (CII) appreciated the government’s stance to opt-out of the Regional Comprehensive Economic Partnership (RCEP) agreement, and vowed to continue working to integrate India’s economy with that of the world. In a statement, CCI pr
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Equities flat amid subdued trading, Yes Bank up by 3 pc
Mumbai (Maharashtra) [India], Nov 5: Equity benchmark indices were flat during early hours on Tuesday despite buoyancy in global markets amid positive signs over US-China trade talks. At 10:15 am, the BSE S&P Sensex was up by just 1 point at 40,303 while the Nifty 50 edged lower by 5 points to 1
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Unsung Social Crusaders Awarded Mother Teresa Memorial Awards
Mumbai, Maharashtra, 4th November 2019 – The following articulate and dauntlessly courageous social crusaders were honoured with the Mother Teresa Memorial Awards for Social Justice in the field of Contemporary Forms of Slavery: Ajeet Singh (Founder, Guria) – An activist who fearless
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Dr Reddy’s Q2 profit doubles to Rs 1,093 crore
Hyderabad (Telangana) [India], Nov 1: Dr Reddy’s Laboratories on Friday reported doubling its profit to Rs 1,093 crore in the second fiscal quarter (July to September) compared to Rs 504 crore in the same period of last year. The 117 per cent jump in Q2 FY20 profit was pushed up by better oper
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Maruti Suzuki October sales up by 4.5 pc to 1.53 lakh units amid festive season
New Delhi [India], Nov 1: Maruti Suzuki India on Friday reported 4.5 per cent growth year-on-year in October sales led by compact and utility vehicle segments. Driven by the festive season and heavy discounts, the company sold 1.53 lakh units during the month against 1.46 lakh units sold in the same
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Indians are least active, second-most sleep-deprived, reveals Fitbit study
New Delhi [India] Indians are the least active and second-most sleep deprived according to a study conducted by fitness device maker Fitbit. Based on Fitbit sleep data insights from across 18 countries, Indians have an average nightly sleep of 7 hours 1 minute, after Japanese who get an average slee
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A life-size Lego typewriter that actually works!
Billund [Denmark] Typewriters may not qualify as high-tech in today’s time but a replica typewriter built entirely out of Lego bricks is sure to make fans drool. The Lego version, designed by Steve Guinness, is programmed using Mindstorm EV3 software and is fully motorized. It moves via a hand
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Apple to release trio of 5G iPhones in 2020: Report
California [USA] Apple is rumoured to be readying its first 5G iPhone for the next year and according to the latest Nikkei report, the modem for the upcoming model will be designed by Qualcomm. Apple is likely to launch three 5G-enabled iPhone models in 2020. The target of the iPhone maker is to shi
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India’s manufacturing sector heads towards stagnation in October: IHS Markit
New Delhi [India], Nov 1: The cooling of manufacturing sector conditions in India continued in October with both factory orders and production rising at the weakest rates for two years, according to IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) released on Friday. Subsequentl
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Microsoft makes ‘very exclusive’ Xbox One controllers
California [USA] At the X019 event when Microsoft will be celebrating everything Xbox, a limited edition Xbox One controller will also be sold. The DPM X019 Exclusive controller is so exclusive that there will be only 1,000 units ever to be acquired. The special edition version features an Aquabrush
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Dilip Buildcon declared L-1 bidder for construction of airport at Hirasar
Bhopal (Madhya Pradesh) [India], Nov 1: Engineering, procurement and construction (EPC) firm Dilip Buildcon said on Friday it has been selected as the lowest bidder by the Airports Authority of India for construction of a greenfield airport at Hirasar near Rajkot city of Gujarat. The Rs 570 crore pr
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Bajaj Auto reports 9 pc fall in vehicle sales during October
Mumbai (Maharashtra) [India], Nov 1: Two- and three-wheeler manufacturer Bajaj Auto on Friday said that it sold 4.63 lakh vehicles in October, down 9 per cent in the year-ago period. In October 2018, it had sold 5.06 lakh units, it said in a statement. Domestic sales of motorcycles fell by 14 per ce
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Equity parameters flat amid weak global cues
Mumbai (Maharashtra) [India], Nov 1: Equity benchmark indices were flat during early hours on Friday, a day after official data showed that output of core infrastructure industries fell by 5.2 per cent last month as against expansion of 4.3 per cent in the corresponding period last year. At 10:15 am
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Core sector output contracts by 5.2 pc in Sep against 4.3 pc growth y-o-y
New Delhi [India]: The eight core industries recorded 5.2 per cent decline in September year-on-year, mirroring further slowdown in the economy, according to government data released on Oct 31,Thursday. The index was dragged down by coal mining which came in at minus 20.5 per cent. The figures for t
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Syndicate Bank reports Q2 net profit at Rs 251 crore
Mumbai (Maharashtra) [India]: Government-owned Syndicate Bank on Oct 31 ,Thursday reported a net profit of Rs 251 crore for the second fiscal quarter (July to September) against a net loss of Rs 1,543 crore in the same period of previous year. Sequentially, the bank had registered a net loss of Rs 9
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Uber-Eats unveils new delivery drone design
California [USA] Uber-Eats unveiled a new delivery drone design onstage Forbes Under 30 Summit, which the company plans to start testing in San Diego next summer. The new drone design allows to carry dinner for up to two people and features six rotors. The trip time is eight minutes, including loadi
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Facebook launches new preventive health tool
California [USA] Facebook has introduced a new health tool to push users towards preventive health measures. The Preventive Health tool connects users to health resources and assists in setting checkup reminders. In its official blog, Facebook explained that the activity within Preventive Health wil
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Indian Oil’s second quarter net profit down by 83 pc to Rs 563 crore
Mumbai (Maharashtra) [India], Oct 31: Oil marketing firm Indian Oil Corporation (IOC) on Thursday reported 83 per cent dip in net profit to Rs 563 crore for the second quarter ended September due to a slump in revenue and fall in gross refinery margins. The country’s largest fuel retailer had
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ICICI Bank crosses milestone of issuing 2 million FASTag
Mumbai (Maharashtra) [India], Oct 31: ICICI Bank said on Thursday it has crossed a milestone of issuing two million FASTag till date, the most by any financial institution in the country. The bank aims to double the number in next six months. ICICI commands more than half of the market share in term
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