Samsung Galaxy A70: Equipped for all-round performance

New Delhi, May 19 (IANS): Samsung India, which sold five million units of Galaxy A phones in just 70 days, is banking big time on the A-series — in an attempt to outshine the Chinese rivals that have carved out a niche in the Indian smartphone market with competitively-priced devices. The launch of the Galaxy […]

India needs few mega banks to compete globally: CEA

New Delhi, May 19 (IANS): Batting for PSU banks’ consolidation, chief economic advisor Krishnamurthy V Subramanian has said having a few good banks is a good idea as they can compete and their quality can get enhanced to compete globally with the best in the world. “Having a few large Indian banks is a good […]

Chinese shout ‘Boycott Apple’ as US goes after Huawei

Beijing/San Francisco, May 19 (IANS): As the Washington-Beijing trade war intensifies along with fresh restrictions on Chinese telecom giant Huawei in the US, there has been a significant rise in “Boycott Apple” movement in China. According to BuzzFeed News, there has been a flurry of anti-Apple and anti-Trump messages on Weibo, China’s version of Twitter. […]

Sony, Microsoft team up on cloud-based gaming

San Francisco, May 17 (IANS): In a move to thwart upcoming competition from giants like Google and Apple, two arch gaming rivals Sony Corporation and Microsoft have joined hands to explore development of future cloud solutions in Microsoft Azure to support their respective game and content-streaming services. In addition, the two companies will explore the use […]

NCLT asks SEBI to de-attach corporate debtor’s properties

New Delhi, May 16 (IANS): The Principal Bench of the National Company Law Tribunal (NCLT) has directed market regulator Securities and Exchange Board of India (Sebi) to de-attach the properties of a corporate debtor attached during its execution proceedings. The matter brings into focus the issue of the in-built disagreement between the Sebi Act and the […]

‘Realme 5G phones to be ready before India starts services’

Beijing, May 16 (IANS): Smartphone maker Realme has said that it will be ready with its 5G devices before telecom operators in India start offering the fifth generation network services. Speaking to reporters here, Realme India CEO Madhav Sheth, however, said that the timeline for launching 5G phones is, so far, not clear. “We will be […]

WhatsApp warns clones to cease bogus operations in India

New Delhi, May 16 (IANS): Companies in India claiming that they can help people send bulk messages on WhatsApp must cease operations, the Facebook-owned messaging app warned on Thursday. A media report on Wednesday said how political activists and digital marketers are bypassing restrictions on forwards by using counterfeit versions of the popular messaging app and […]

Boeing reported zero new orders for jets in April

Washington, May 15 (IANS): Boeing said in a report that not only did the 737 MAX receive zero new orders since it was grounded worldwide in March, the company’s other jets, such as the 787 Dreamliner or the 777, also did not get any new orders in April. According to the report issued on Tuesday, […]

Japan takes India to WTO over mobile phone import duties

New Delhi, May 15 (Reuters): Japan has complained at the World Trade Organization about India’s duties on mobile phones, base stations and routers, and the circuit boards and other components that go into them, a WTO filing showed on Tuesday. Japan’s complaint, the first step in a legal dispute, said India had sought to foster […]

Jet sinks deep, resolution faces many challenges

New Delhi, May 14 (IANS): Grounded Jet Airways faces multiple challenges even as lenders act on partner Etihad Airways’ suggestion to find a majority buyer for the airline. Among the major issues are conversion of lenders’ debt into equity in absence of required direction from banking regulator RBI and clarity over substantial ownership and management control. […]

Jet CFO, Deputy CEO Amit Agarwal quits

New Delhi, May 14 (IANS): Grounded Jet Airways continues to lose its senior executives dashing hopes of the airline’s revival. The latest to quit the company is its Chief Financial Officer (CFO) and Deputy Chief Executive (CEO) Amit Agarwal. The exit comes days after the airline’s top executive Gaurang Shetty, considered close to founder Naresh […]

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