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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.

Five Indian tech companies feature in ‘Top 100 Global Tech Leaders List’

Jan 17, 2018
Thomson Reuters Corp has published its debut Top 100 Global Technology Leaders list, which was topped by Microsoft, followed by Intel Corp and Cisco Systems at the 2nd and 3rd position respectively. The list aims to identify the industry's top financially successful and organisationally sound organisations.

Reliance Jio plans to launch its own cryptocurrency 'JioCoin'

Jan 13, 2018
Reliance Jio also aspires to get into Internet of Things (IoT). IoT is a network of devices such as smartphones, wearable devices, home appliances and vehicles that are connected to the internet, which enables these objects to connect and exchange data.

Facebook asks new Indian users to enter names as per Aadhaar Card while signing up

Dec 28, 2017
Social Media giant Facebook started testing the use of Aadhaar by asking new Indian users to enter their names as per Aadhaar Card while signing up. The move is aimed at cutting the number of fake accounts on the social media platform.

Skill Development Ministry, Maruti Suzuki sign MoU to impart skill training to youth

Dec 19, 2017
The Skill Development Ministry has signed a Memorandum of Agreement (MoU) with Maruti Suzuki to impart training to youth and enhance their employment potential. The agreement will provide an opportunity to the youth to acquire skills related to automobile and manufacturing industry through specially designed training.

Disney to acquire 21st Century Fox assets for USD 52.4 Billion in stock

Dec 15, 2017
Prior to the acquisition, Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company. Disney's Robert Iger will continue to serve as the Chairman and CEO of Disney through 2021.

Meredith Corporation to acquire Time Inc. for USD 2.8 billion

Nov 28, 2017
Meredith will pay USD 18.50 for per share of Time Inc. which totals at about USD 1.85 billion. However, Time Inc.'s debt will raise the total value of the deal to about USD 2.8 billion. Out of the total sum, billionaire brothers Charles and David Koch will contribute USD 650 million via their private-equity firm Koch Equity Development.

SBI launches integrated digital platform YONO

Nov 26, 2017
All the financial services product from SBI and its subsidiaries SBI Life, SBI General, SBI Mutual Fund, SBI Caps and SBI Cards will be integrated on the app. YONO will offer customised products and offers from over 60 e-commerce sites, besides a range of banking and financial services.

Facebook launches new tools for video creators

Nov 17, 2017
Facebook has announced new tools for video creators to join its platform in an attempt to take on Google-owned YouTube. The new tool will be called Facebook Creator App. It will help the community create original video, go live with exclusive features and connect with their community on the Facebook.

Paytm introduces BHIM UPI payments on its platform

Nov 8, 2017
BHIM UPI is a mobile payment mode that allows one to create a UPI address linked to a bank account and then send or receive money using it. Moreover, one can also make payments to online merchants and outlets who accept BHIM UPI as a payment mode for transactions.

Haryana government signs Rs 20,000 Cr worth MoU to set up trading hub

Nov 3, 2017
The state government Haryana on 2 November 2017 signed a memorandum of understanding (MoU) with an integrated trade facilitation services organisation - Verbind - to set up a logistics and trading hub in the state.

Anup Vikal resigns as CFO of Snapdeal

Oct 18, 2017
Anup Vikal on 17 October 2017 resigned as Snapdeal’s Chief Financial Officer (CFO) and General Counsel. Vikal is likely to join Essar Oil as its Chief Financial Officer. His resignation came two months after e-commerce dealer Sanpdeal cancelled its merger talks with online retailer Flipkart.

Leslie Thng appointed as CEO of Vistara

Oct 16, 2017
A joint venture between Tata group and Singapore Airlines, Vistara airlines began its commercial operations in January 2015. Currently, it has a fleet of 16 aircraft and has ambitious expansion plans, including flying to overseas destinations.

D Shivakumar quits as CEO of PepsiCo India

Oct 10, 2017
D Shivakumar resigns as CEO and Chairman of PepsiCo India and is expected to join Aditya Birla Group as Head of Corporate Strategy and Business Development. Shivakumar will be succeeded by Ahmed El Sheikh.

Commerce Ministry organised state startup conference to help budding entrepreneurs

Sep 12, 2017
The Department of Industrial Policy and Promotion, Government of India organised the second State Startup Conference in New Delhi to deliberate on issues including incubation facilities and making regulations easier for budding entrepreneurs.

Johnson & Johnson India introduces paternity leave

Sep 8, 2017
Mothers are allowed up to 26 weeks of maternity leave since the past six years as per the company's Global Parental Leave approach.

Ashish Kashyap resigns as President and Co-founder of MakeMyTrip

Sep 7, 2017
As per the settlement agreement, Kashyap will be under non-solicitation and non-competition obligation for the next two years.

Swedish defence giant collaborates with Adani group for defence manufacturing

Sep 2, 2017
Swedish defence giant Saab and Indian conglomerate Adani group announced collaboration in defence manufacturing on 1 September 2017.

China’s TCL to launch waterproof BlackBerry phone

Aug 31, 2017
China's TCL, which manufactures phones for BlackBerry, will be unveiling a new water and dust proof full touchscreen phone in October.

Dara Khosrowshahi appointed as CEO of Uber Technologies Inc

Aug 28, 2017
Khosrowshahi will be responsible for improving Uber's image by fixing tussles among investors, rebuilding employee morale and creating a profitable business after seven years of losses.

Microsoft launches Project Brainwave for real-time artificial intelligence

Aug 25, 2017
Microsoft has launched the project during the time when real-time artificial intelligence is becoming increasingly important as cloud infrastructures process live data streams, whether they be search queries, videos, sensor streams, or interactions with users.

Nandan Nilekani appointed as Chairman of Infosys Board

Aug 25, 2017
Nilekani's appointment came amid high-level exits from the company as CEO Vishal Sikka, Chairman of the board R Seshasayee and Co-Chair Ravi Venkatesan resigned from the Infosys.

India grants Pfizer patent for pneumonia vaccine

Aug 23, 2017
Pneumococcal Conjugate Vaccine is used for the prevention of pneumococcal pneumonia and invasive diseases caused by 13 Streptococcis pneumoniae strains.

Google introduces new Android version named Oreo

Aug 22, 2017
Android Oreo is more secure with inbuilt Google Play Protect, Security Status Front and tighter app install controls.

Sanjiv Gupta appointed as President and MD of General Motors India

Aug 19, 2017
Gupta joined General Motors in 2003 and since then, he has served various critical roles in VSSM, Auto Financing, Business Planning, Corporate Finance and Financial Planning in the US and Canada.

Odisha government launches Facebook programme ‘SheMeansBusiness’

Aug 14, 2017
Odisha Chief Minister, Naveen Patnaik has launched Facebook's programme 'She Means Business' to assist in the growth of women entrepreneurs in the state.

Facebook launches YouTube competitor called 'Watch'

Aug 10, 2017
Watch is a platform for all creators and publishers to find an audience, build a community of passionate fans, and earn money for their work.

L&T bags Rs 3375-crore Mauritius metro order

Aug 5, 2017
Apart from stations, the scope of the project will include the construction of viaducts & bridges, track works, DC electric traction systems, ticketing & passenger information systems among others.

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