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Amazon infuses Rs 26 bn in India, Jeff Bezos shows he still means business

Amazon infuses Rs 26 bn in India, Jeff Bezos shows he still means business

After losing out to Walmart in acquiring online marketplace Flipkart, Amazon’s Chief Executive Jeff Bezos is keen to show that he still means business in India and has charged up the company’s local e-commerce unit with fresh funds.

After losing out to Walmart in acquiring online marketplace Flipkart, Amazon’s Chief Executive Jeff Bezos is keen to show that he still means business in India and has charged up the company’s local e-commerce unit with fresh funds.

FSSAI proposes labelling norm for food products with GM ingredients

FSSAI proposes labelling norm for food products with GM ingredients

New Delhi, May 8 () Food regulator FSSAI has proposed that all packaged food items with 5 per cent or more genetically modified (GM) ingredients should declare the information through labelling.

It had last month issued a draft of Food Safety and Standards (Labelling and Display) Regulations, 2018 and sought comments from stakeholders. The final regulation is likely in the next two months.

Biggest car battle of 2018: New Hyundai Santro vs New Maruti Suzuki Wagon R

Biggest car battle of 2018: New Hyundai Santro vs New Maruti Suzuki Wagon R

After almost 20 years, the battle of small tallboy cars is going to intensify again as top two carmakers Maruti Suzuki and Hyundai Motor India plans to bring back new avatar of the Wagon R and Santro hatchbacks. Both Maruti Suzuki Wagon R and Hyundai Santro helped the brands increase their volumes significantly and also paved the way for other successful cars like Maruti Suzuki Swift, Maruti Suzuki Celerio, Hyundai i10, Hyundai Grand i10 and Hyundai i20.

Amazon wants your body measurements in 3D so you stop returning clothes

Amazon wants your body measurements in 3D so you stop returning clothes

At a time when tech giants are surreptitiously trying to appease users by showing more concern towards notching up the security and privacy laws amid the state of commotion over the extent of access to the private data, Amazon, on the other hand, may have other plans to further intrude into the data reserve of its users.

Google launches Android Things for smart devices ahead of I/O 2018

Google launches Android Things for smart devices ahead of I/O 2018

Alphabet Inc’s Google on Monday launched a spinoff of its Android operating system for home appliances and other machines, following mixed results with Android offshoots for cars, smartwatches and televisions. ‘Android Things’, which arrives as Google opens its annual conference for developers, could bring its Google Assistant virtual helper to refrigerators and robots and familiar designs to cash registers and vending machines.

Modi win in 2019 elections priced in by investors, says UBS; Karnataka polls a sentiment indicator

Modi win in 2019 elections priced in by investors, says UBS; Karnataka polls a sentiment indicator

UBS on 2019 Lok Sabha Elections: With the Union elections scheduled to be held soon in May-2019, global firm UBS says that many investors have priced in a “Modi win in 2019” as the base case. “We met with more than 50 investors in the US/EU over the past month.

Trai mulls fine on telecom operators not meeting new quality norms for Q3

Trai mulls fine on telecom operators not meeting new quality norms for Q3

Telecom regulator Trai is considering to impose a penalty on operators who have not met the new service quality norms for December quarter, according to sources.

"We will be imposing some penalty on those who have not met the stipulated standards," said a Trai official who did not wish to be named.

Maruti Suzuki to check 52,686 new Swift, Baleno for faulty brake vacuum hose

Maruti Suzuki to check 52,686 new Swift, Baleno for faulty brake vacuum hose

New Delhi: Maruti Suzuki India (MSI) on Tuesday said it is asking customers of 52,686 new Swift and Baleno models to undertake a service campaign to inspect for a possible fault in brake vacuum hose.

New Swift and Baleno units manufactured between 1 December, 2017 and 16 March, 2018 will be covered in this campaign, MSI said in communication to customers on its website.

Sensex extends gains, climbs 181 points on global cues

Sensex extends gains, climbs 181 points on global cues

The BSE Sensex advanced about 181 points in early session, maintaining its positive form for the second straight day on unabated buying by domestic institutional investors amid positive leads from Asian markets following overnight gains on the Wall Street.

The 30-share Sensex, which had gained 292.76 points in the previous session, rose another 180.73 points, or 0.51 %, to 35,388.87.

Rupee slips 7 paise in early trade

Rupee slips 7 paise in early trade

The rupee weakened by 7 paise to trade at a fresh 15-month low of 67.20 against the US dollar in early trade due to appreciation of the American currency overseas amid sustained foreign capital outflows.

Dealers attributed the rupee’s fall to increased demand for the US currency from importers.

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