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NITI Aayog launches ‘Pitch to MOVE’ for startups

Aug 14, 2018
NITI Aayog has launched ‘Pitch to MOVE’, a mobility pitch competition that aims to provide budding entrepreneurs of India with a unique opportunity to pitch their business ideas to a distinguished jury. The competition would enable startups working in the various fields of mobility to pitch their ideas to industry leaders and venture capitalists for raising investments.

Indra Nooyi to step down as Pepsico CEO

Aug 7, 2018
Pepsico CEO Indra Nooyi will step down from her position in October, after helming the post for the last 12 years. She will, however, continue to serve as the Chairman of the company till early 2019. Pepsico veteran, Ramon Laguarta will succeed Nooyi as the new CEO of the company.

Government constitutes 10-member committee to review offences under Companies Act, 2013

Jul 16, 2018
The Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee to review the penal provisions in the Companies Act, 2013. The committee will be required to examine the nature of all ‘acts’ categorised as compoundable offences and recommend if any of such ‘acts’ may be re-categorised as ‘acts’, which attract civil liabilities where the company and its ‘officers in default’ are liable for a penalty.

BSNL launches India’s first internet telephony service ‘Wings’

Jul 13, 2018
The app will be linked to a mobile number that will be issued by BSNL and it is not mandatory for Wings app user to apply for company’s mobile and landline connection separately.

PM Modi inaugurates world's largest mobile factory in Noida, UP

Jul 10, 2018
Samsung has launched the world's largest mobile factory in Noida, India. The factory was officially inaugurated by Prime Minister Narendra Modi and visiting South Korean President on July 9, 2018.

NCLT upholds Tata Sons' 2016 move sacking Cyrus Mistry as Chairman

Jul 9, 2018
The petitioners, Cyrus Investments Pvt Ltd and Sterling Investments Group of the Shapoorji Pallonji Group had filed the plea against the Tata Sons directors and trustees of Tata Trusts, alleging abuse of articles of association by outsiders, breakdown of governance and loss of ethical values.

HDFC Bank gets Cabinet nod to raise Rs 24000 crore as FDI

Jun 14, 2018
HDFC, the second largest private bank had earlier sought approval for maintaining the permissible FDI or foreign holding in the bank up to 74% of its total paid-up capital, out of which the FII (foreign institutional investors) sub-limit would be 49 percent and the balance 25 percent would be FDI.

Facebook ties-up with National Women Commission to launch digital literacy programme

Jun 1, 2018
As part of the digital literacy programme, awareness training will be conducted for 60000 women in universities across major cities in Haryana, Delhi-NCR, Manipur, Sikkim, Meghalaya, Maharashtra, and Tamil Nadu over a one-year period.

Microsoft becomes third most valuable firm globally

May 30, 2018
Technology giant Microsoft has surpassed Google’s parent company Alphabet in market capitalisation for the first time in three years, becoming the third most valuable firm globally after Apple and Amazon. In its third quarter that ended on March 31, Microsoft posted revenue of $26.8 billion and net income of $7.4 billion.

Explained: Shut down of Sterlite Copper plant

May 29, 2018
The Tamil Nadu government has ordered for the permanent closure of the controversial Sterlite Copper factory in Tuticorin, which was the centre of violent protests last week that led to the killing of 13 people and left around 100 wounded.

Flipkart co-founder Sachin Bansal quits after Walmart deal

May 11, 2018
Flipkart co-founder Sachin Bansal has announced his exit from the company, hours after the news of American retailer Walmart acquiring Flipkart broke in the nation. Bansal’s decision comes after Walmart’s condition that it could accommodate only one of the Flipkart founders in the board.

Walmart buys 77 percent stake in Flipkart: Here are Top 10 takeaways

May 10, 2018
Walmart’s investment will benefit India in terms of quality and affordable goods for customers, creation of new skilled jobs and fresh opportunities for small suppliers, farmers and women entrepreneurs.

Cambridge Analytica to shut down after Facebook data breach scandal

May 3, 2018
Cambridge Analytica, the UK-based data analytics company that was caught in a massive data-harvesting scandal has announced that it would immediately shut its operations, as the controversy has driven away virtually all of its customers.

TCS becomes first Indian company to achieve USD 100 billion Market Capitalisation

Apr 24, 2018
The increase in the TCS capital came after it reported a net profit of Rs 6925 crore, a 4.5 percent increase in its net profit in the fourth quarter (January-March).

Facebook to roll out new privacy choices

Apr 20, 2018
Social media giant Facebook has announced that it would be rolling out new privacy experiences in compliance with EU rules. The users will be asked to review and choose what to share from the political, religious, and relationship information on their profiles.

Indian Consortium, Saudi Aramco sign MoU for Maharashtra refinery

Apr 11, 2018
An Indian consortium comprising IOCL, BPCL and HPCL has signed a Memorandum of Understanding (MoU) with Saudi Aramco, the world’s largest oil producer to jointly develop and build Ratnagiri Refinery in Maharashtra.

India replaces Vietnam to become world’s second largest mobile phone producer

Apr 2, 2018
India has replaced Vietnam to become the second-largest producer of mobile phones in the world, only after China. According to data shared by ICA, India accounted for 11 per cent of global mobile production in 2017 compared to 3 per cent in 2014.

Competition Commission of India fines Google Rs 136 crore for 'search bias'

Feb 9, 2018
The Competition Commission of India has imposed a fine worth Rs 136 crore on internet search giant Google for unfair business practices in the Indian market for online search. The ruling has come on complaints filed by Matrimony.com and Consumer Unity & Trust Society (CUTS) back in 2012.

Finance Minister launches National CSR Data Portal & Corporate Data Portal

Jan 20, 2018
The Union Minister for Finance and Corporate Affairs, Arun Jaitley has launched the National CSR Data Portal & Corporate Data Portal to enable greater transparency in corporate governance and promote accountability to the public at large.

Union Government launches Cyber Surakshit Bharat initiative

Jan 20, 2018
The Ministry of Electronics and Information Technology has launched Cyber Surakshit Bharat initiative in association with National e-Governance Division and industry partners to strengthen the cybersecurity ecosystem in India.

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