Indian equities close flat, global cues hamper sentiments

Indian equities close flat, global cues hamper sentiments

Mumbai, March 31 (IANS) Breaking the three-day gaining streak, the key Indian equity indices closed on a flat note on Friday — the last day of the financial year 2016-17 — as negative global cues hampered investors’ sentiments.   The wider 51-scrip Nifty of the National Stock Exchange (NSE) closed flat — unchanged at 9,173.75 […]

India privately took Amazon to task over insulting flag doormat

India privately took Amazon to task over insulting flag doormat

NEW DELHI, March 30 (Reuters) – India’s reaction to an Amazon.com website selling doormats resembling the country’s flag involved an unprecedented public and private offensive against the U.S. company by Prime Minister Narendra Modi’s government, a document shows.   Foreign minister Sushma Swaraj publicly threatened in January to rescind visas of Amazon employees if the […]

Samsung launches Galaxy S8 and dreams of recovery from Note 7

Samsung launches Galaxy S8 and dreams of recovery from Note 7

March 29 (REUTERS) – Samsung Electronics Co Ltd unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc after the embarrassing withdrawal of the fire-prone Note 7s.   Boasting some of the largest wrap-around screens ever made, the long-awaited S8 is the South Korean tech giant’s […]

Oppo sacks Chinese employee who tore Indian flag

Noida, March 29 (IANS) Chinese smart phone maker Oppo on Wednesday said it has sacked an employee who is accused of tearing up an Indian national flag and throwing it into the dustbin at a company office here, a day after the incident kicked up a furore.   In a statement, Oppo India said: “Based […]

Banks to remain closed on April 1: RBI

Mumbai, March 29 (IANS) The Reserve Bank of India (RBI) on Wednesday said banks need not remain open on April 1, as against its earlier order, because it may affect the annual closing, especially in view of the State Bank of India (SBI) merger.   “In consultation with the government, it has been decided that […]

Samsung Elec says to sell refurbished Galaxy Note 7s

Samsung Elec says to sell refurbished Galaxy Note 7s

SEOUL, March 27 (Reuters) – Tech giant Samsung Electronics Co Ltd said on Monday it plans to sell refurbished versions of the Galaxy Note 7 smartphones that were pulled from markets due to fire-prone batteries.   Samsung said in a statement it will determine in which markets it will sell the refurbished Note 7s after […]

SBI chief Bhattacharya 26th in Fortune’s 50 greatest leaders

SBI chief Bhattacharya 26th in Fortune’s 50 greatest leaders

Mumbai, March 24 (IANS) State Bank of India (SBI) chief Arundhati Bhattacharya has been ranked 26th in the Fortune’s top 50 greatest leaders. She is the only Indian corporate leader in the list.   “Arundhati Bhattacharya, Chairman, SBI, has been ranked 26th in the fourth edition of Fortune’s World 50 Greatest Leaders list. By this, […]

Indian airlines push for no-fly list to ban unruly passengers

Indian airlines push for no-fly list to ban unruly passengers

NEW DELHI, March 24 (Reuters) – Several Indian airlines, including the country’s biggest carrier IndiGo, on Friday proposed creating a no-fly list to ban unruly passengers, a day after a lawmaker admitted assaulting an official from state-owned carrier Air India.   Air India and member airlines of the Federation of Indian Airlines (FIA) that includes […]

Adobe, Microsoft working together on artificial intelligence

Las Vegas, March 23 (IANS) Adobe and Microsoft are jointly working on artificial intelligence (AI) to offer better products and provide customers more automated, intelligence-based experiences, a top Adobe official said here.   Brad Rencher, Executive Vice President and General Manager, Marketing, of Adobe said the two tech giants were working on standard data models […]