Amazon India Senior Vice-President and Country Head Amit Agarwal has been named as the new chairman of Internet and Mobile Association of India (IAMAI) on Tuesday. He succeeds former Google India MD Rajan Anandan.

“Agarwal assumes office at a time when the industry is going through a growth trajectory with more than 500 million internet users in India,” IAMAI said in a statement.

Private sector ICICI Bank Tuesday said it aimed to grow its retail loan disbursement in Kerala by over 20 per cent to Rs 3,100 crore in FY20. The bank planned to achieve this growth by rapidly expanding disbursement of consumer loans and mortgage loans, the two main pillars of retail loans, its Executive Director Anup Bagchi said.

Virgin Hyperloop One has proposed a plan that will help people to travel from Mumbai to Pune under 30 minutes. According to news reports, Virgin Hyperloop One will begin working on the project by December 2019. Virgin Hyperloop is an American transportation technology company that works to commercialise the high-speed technology concept called Hyperloop.

While Anil Ambani-promoted Reliance Infrastructure looks to almost double its existing order-book in the current financial year, not all is well with its existing orders. One of RInfra's contracts worth Rs 567 crore from NTPC has been re-tendered and awarded to another company this month.

Mumbai: Domestic equity benchmark BSE Sensex fell over 150 points in early trade on Tuesday tracking losses in IT stocks amid weak cues from other Asian markets.

The 30-share index was trading 124.41 points, or 0.32 per cent, lower at 38,998.55 at 0930 hours. Similarly, the broader NSE Nifty was quoting 35.25 points, or 0.30 per cent, down at 11,664.40.

Pune: Hyundai, India’s second biggest Korean car maker’s new attractive sub-compact SUV model Venue has bucked the trend of steep falling cars sales in Asia’s third biggest economy.

Thanks to competitive pricing and its best features, Hyundai Venue has crossed 34,000 bookings within a month of its launch in the fiercely competitive but slowing economy. Buyers have to make a down payment of Rs 25,000 for the booking.

Maruti Suzuki has snatched one more position from Hyundai Motors India in the list of top 10 models sold in May, bagging eight places. Till April, seven Maruti models featured in the SIAM’s ten best-selling passenger vehicles list, while Hyundai bagged the remaining.

Hyundai’s hatchback i10, which has been in the top 10 list for many years, did not feature in May’s list.

Microsoft and Apple have been arch rivals since their inception. Both the companies have tried to undercut each other but when Google chipped in the dynamics changed for good and for bad. It was good for the consumers who were introduced to Android as a far easier alternative for mobile phones but it was bad for Apple and Microsoft. The sentiment has now been shared by Microsoft co-founder Bill Gates, according to who, mismanaging his company was the “greatest mistake”.

The country's telecom subscriber base grew marginally to 1,183.77 million in April on account of net mobile customers gain by Reliance Jio and state-run telecom firm BSNL, according to the Telecom Regulatory Authority of India's (Trai) report released Monday.

India’s big three two-wheeler makers on Monday hit out at NITI Aayog’s plan to push for 100 per cent electric vehicle, saying such a transition is completely uncalled for and could jeopardise the industry.

Arguing that changing from conventional two-wheelers to 100 per cent electric is “not like Aadhaar, not a software and print cards”, the companies said concerns of all stakeholders must be taken into consideration instead of imposing adoption of EVs.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.