Microsoft Corp said on Wednesday it would cut 7,800 jobs and write down about $7.6 billion related to its Nokia handset business, which it acquired in 2014.
In the Budget, the government has banned cash transactions above Rs 300,000. This means that people will have to pay stamp duty and registration charges on the actual cost of transaction.
Modi had given his maiden address to the UN General Assembly as Prime Minister in 2014.
'One out of three phones sold in India is a Xiaomi phone.'
Job seekers can look forward to a prosperous new year as more than 850,000 new jobs are expected across various sectors, including FMCG and healthcare, says a survey.
Samsung has formally announced its second generation tablets -- Galaxy Tab 2 7.0 for $250 (Rs 12,850 approximately) and Galaxy Tab 2 10.1 for $400 (Rs 20,570 approximately) -- in the USA.
The tussle with the National Anit-Doping Agency (NADA) over dope testing of Indian cricketers will come up for discussion when the much-awaited Special General Meeting of the Board of Control for Cricket in India is held in New Delhi on December 11.
According to the RTI reply, absconding diamantaire Choksi's company Gitanjali Gems tops the list of the defaulters with a whopping amount of Rs 5,492 crore. This is followed by REI Agro with Rs 4,314 crore and Winsome Diamonds with Rs 4,076 crore. Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically written off and Kudos Chemie Ltd with Rs 2,326 crore, Ruchi Soya Industries Limited, now owned by Ramdev's Patanjali, with Rs 2,212 crore and Zoom Developers Pvt Ltd with Rs 2,012 crore being the other companies to default on the payment. Mallya's Kingfisher Airlines figures in the list at number 9, with outstanding of Rs 1943 crore which have been technically written off by the banks.
Real estate developer Lodha group has roped in UK-based Yoo Ltd to design, brand and market one of its two luxury towers coming up in Mumbai.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Former Australia all-rounder Andrew Symonds announced his retirement from all forms of cricket on Thursday. Symonds, who was signed up by Mumbai Indians last season for US $850,000, said he would not be able to take part in this year's Indian Premier League because his wife is due to give birth to his first child.
There aren't many options to own platinum, pricing varies across retailers and resale policy isn't flexible
The overall market breadth ended positive as 1,494 stocks are advancing while 1,383 are declining.
Under the hood will be Tata's 2.2L VARICOR turbo-diesel engine that outputs 156.2 hp and 400 Nm of torque
Former Egyptian President Hosni Mubarak's courtroom remarks have reportedly become popular ringtones in his native country. The 83-year-old former president appeared at a special ourt in Cairo on Wednesday to face charges of corruption and the unlawful killing of over 850 protesters during the Tahrir Square revolution that forced him from power.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Terming the incident as 'horrific', the Aam Aadmi Party hit out at the Centre by drawing a comparison with the Jallianwallah Bagh massacre, whose centenary is being observed on Saturday.
The market breadth in BSE ended extremely firm with 2,137 shares advancing and 671 shares declining.
Since 1979, the BJP has not fielded any Muslim candidate from any parliamentary seat from the state.
Tapping opportunities in this growing industry, major players are expanding their business and raising funds through the public market or private equity route.
India on Monday successfully test-fired its nuclear capable 'Prithvi-II' ballistic missile, with a range of 350 kms, as pa rt of user trial by the armed forces from Chandipur off Orissa coast.
The Emergency greatly influenced the RSS' makeover from a fringe force in the Indian political imagination to one that could have its own man sworn in as prime minister in two decades' time. A riveting excerpt from Christophe Jaffrelot and Pratinav Anil's India's First Dictatorship: The Emergency, 1975-1977.
Experts say Tier-II and Tier-III cities and smaller towns have a role to play in growth in smartphone sales. Mritunjay Kapur, managing director, Protiviti Consulting, said, "There is definitely a market in Tier-II, Tier-III and Tier-IV towns. Smartphones are fast becoming important as a business communication tool. This is especially true for sales people, and 'fleet-on-the-street'," he said.
"We are facing a global health crisis unlike any in the 75-year history of the United Nations -- one that is killing people, spreading human suffering, and upending people's lives. But this is much more than a health crisis. It is a human crisis," Guterres said.
India, the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stock to last way beyond the three-week nationwide lockdown, as all plants and supply locations are fully operational, Indian Oil Corp (IOC) chairman Sanjiv Singh said.an Singh, who continued to oversee the mammoth operations of ensuring that fuel reaches every nook and corner despite the loss of his father on the day the 21-day lockdown was declared, said there was no shortage of any fuel in the country and customers should not resort to panic booking of LPG refills.
There was uncertainty after the courts annulled land acquisition in a couple of these villages.
Demand of mobile handsets in the country is expected to reach 350 million units per annum by 2020, says a study by industry body FICCI with market analyst firm Ernst and Young (E&Y).
People living in Mumbai paid an average of 18% more for renting their homes last year. Rents rose on average by 15% in Chennai and 14% in Bengaluru last year.
Since 2016, when India was officially recognised in US law as a 'major defence partner', Washington has purposefully upgraded the defence relationship.
Globally there are about 850 million vehicles, on average 13 people in 100 have a car.
Most Asian markets are also trading in the negative over deepening concerns that the euro zone's debt crisis will dampen global growth
Somdev Devvraman crashed out of the the $ 850,00 ATP Malaysian Open after losing to Marcos Baghdatis of Cyprus in straight sets in the second round of the men's singles event in Kuala Lumpur, on Wednesday.
Somdev Devvraman earned a hard-fought straight-set win over qualifier Mikhail Ledovskikh to advance to the second round of the $ 850,00 ATP Malaysian Open, in Kuala Lumpur, on Tuesday.
The new model, being prepared by the Planning Commission, is expected to be finalised in three months. It would have fixed total project costs and specifications.
It has also reduced its year-end target for the BSE benchmark Sensex by 15 per cent to 18,850.
Smuggled gold, which is selling sharply lower than the spot market price, is also responsible for discounts not ending. Some consumers are selling high amounts of gold.
The big question is whether the regulators will have the courage to prosecute the bigwigs in the cities.
Government sources say they believe the company gave a false picture of what it proposed to do with the money from the sale.
Flood and erosion is a serious issue in the state as more than 4.27 lakh hectares or 7.4 per cent of the state's total area have already been eroded by the Brahmaputra and its tributaries since 1950.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
