Fujifilm launches ‘Instax mini 9’

Mumbai, June 15 (IANS): Fujifilm India Pvt Ltd on Thursday launched its new ‘instax mini 9’ camera in India priced at Rs 5,999.   Sharing the same iconic design and ease of use as ‘instax mini 8’, the camera comes with a selfie mirror, close to the lens, to achieve the best angle.   “We […]

LPU to provide 100% scholarship to Nagaland toppers

•    Full tuition & residential fee waiver to top 20 students of each of the recognized central as well as state boards including CBSE, NBSE, ICSE•    Last year, 1600+ students with 90% and more marks joined LPU•    Other top meritorious students can get scholarship up to Rs 1.5 lakh per year•    Scholarships also covers sports, […]

Nokia launches 3 new smartphones in India

New Delhi, June 13 (IANS): Heralding a new era for Nokia in India, Finnish technology company HMD Global on Tuesday launched a new Android-based smartphone range — Nokia 6, Nokia 5 and Nokia 3 — for the consumers.   While the Rs 9,499 Nokia 3 will be available in stores starting June 16, pre-registrations for […]

French firm to make 800 ‘super high-power’ locomotives in India

New Delhi, June 11 (IANS): Endorsing Prime Minister Narendra Modi’s Make In India vision, French conglomerate Alstom plans to manufacture 800 “super high-power” locomotives in India over a decade, its Managing Director for India and South Asia Bharat Salhotra said.     Salhotra said in an interview that the company was also planning to export […]

GST reduced for 66 items, movie tickets over Rs 100 at 2 per cent

New Delhi, June 11 (IANS): The Goods and Services Tax (GST) Council at its 16th meeting here on Sunday revised the rates of 66 items out of the 133 for which representations had been received seeking change from the fitments originally made in the four-slab indirect tax structure, Union Finance Minister Arun Jaitley said.   […]

Alibaba Cloud to open first data centre in India

Alibaba Cloud to open first data centre in India

Beijing, June 10 (IANS): Alibaba Cloud, the cloud computing arm of Chinese e-commerce company Alibaba Group, on Saturday announced that it will open its first data centre, by early next year, in India, which has the world’s second-largest internet using population. The data centre will be set up in Mumbai by March 31, 2018, the […]

Reliance Communications says disagrees with new Moody’s, Fitch ratings downgrades

Reliance Communications says disagrees with new Moody’s, Fitch ratings downgrades

MUMBAI/HONG KONG (Reuters) – India’s Reliance Communications pushed back against Moody’s and Fitch, disagreeing with the ratings agencies’ assessment the mobile phone carrier could struggle to reduce its long-term debt even after completing key asset deals. RCom said last week it had won a seven-month reprieve from lenders in India on its loan-servicing obligations as […]

RBI keeps key interest rate unchanged, cuts inflation projections

RBI keeps key interest rate unchanged, cuts inflation projections

MUMBAI, June 7 (Reuters): The Reserve Bank of India (RBI) lowered inflation projections and delivered a slightly less hawkish policy statement on Wednesday, as it left key interest rates unchanged while waiting to be more sure that inflation will stay subdued.   The change in tone was enough for some analysts to see a possibility […]

RBI tightens rules for masala bonds issuances

MUMBAI, June 7 (Reuters): The Reserve Bank of India on Wednesday tightened rules for Indian companies raising rupee-denominated bonds, also known as masala bonds, in a move aimed at closer oversight of a nascent market and getting long-term investors.   The RBI said masala bonds must have a minimum maturity of three years for issuances […]