Markets depressed over uncertainty on formation of Karnataka government

Uncertainty over government-formation in Karnataka, along with weak global cues, suppressed the key Indian equity indices on Wednesday afternoon. No party achieved a clear majority in the election results... Read more »

Red Ink Award for achievement goes to Mark Tully, Journalist of the year is Fave D’Souza

The RedInk Award for Lifetime Achievement in Journalism for 2018 has been bestowed on veteran journalist Sir William Mark Tully. The award, a part of the National RedInk Awards for Excellence in... Read more »

Japan Airlines to launch low-cost carrier by 2020

Japan Airlines announced on Monday it will launch an international low-cost carrier business to be operational by 2020. Japan’s formerly state-owned flag carrier will focus on middle-distance flights between... Read more »

Food and fuel prices lift India’s wholesale inflation rate to 3.18% in April

An exponential rise in food and fuel prices lifted India’s wholesale inflation rate to 3.18 per cent in April from a rise of 2.47 per cent in the previous... Read more »

Xiaomi and Coolpad lock horns over patents

After media reports surfaced last week that Chinese smartphone makers Xiaomi and Coolpad have locked horns over patents, the latter on Monday confirmed that it has sued three group... Read more »

Vivo to launch smartphone with in-display fingerprint sensor

Chinese smartphone maker Vivo is set to launch a smartphone with in-display fingerprint sensor on May 29. The device will be priced under Rs 40,000 and could be called... Read more »

Nitin Kulkarni appointed Quick Heal’s new CFO

Software security firm Quick Heal Technologies on Friday announced the appointment of Nitin Kulkarni as its Chief Financial Officer (CFO). Kulkarni would oversee the financial aspects of the company,... Read more »

Jio’s postpaid offer to hit incumbent players’ ARPU: Jefferies

A day after Reliance Jio announced its postpaid offer at Rs 199, global investment banking firm Jefferies on Friday said the sharp discount launched by Jio would make incumbents... Read more »

Government’s nominee on ICICI Bank board transferred

The government has transferred bureaucrat Lok Ranjan, its nominee on the board of the controversy-hit ICICI Bank, from the Finance Ministry to the Department of Personnel and Training. According... Read more »

Bank unions announce 48-hour strike from May 30

Over 10 lakh bankers in government and private banks will go on a 48-hour strike starting on May 30, said an All India Bank Employees Association (AIBEA) leader. The... Read more »