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Samsung launches new version of Galaxy Note that was prone to catch fire

Samsung launches new version of Galaxy Note that was prone to catch fire

Samsung Electronics on Thursday unveiled the redesigned version of its Galaxy Note 7 smartphone, whose production and sale was stopped last year due to repeated incidents of handsets catching fire.

This new modified version, Galaxy Note FE (Fan Edition) goes on sale on Friday in South Korea, with a price tag of 699,600 won ($607), reports Efe news.

Hyd drug bust reveals how Class 8 students are hooked onto LSD, MDMA

Hyd drug bust reveals how Class 8 students are hooked onto LSD, MDMA

Racketeers involved in peddling high-end narcotics like LSD, MDMA had a mixed clientele of around 1,000 people including a film producer, officials of MNCs and shockingly students of various schools and colleges here, a senior Excise Department official said today.

Eight persons, five of them engineers working in good positions in multinational companies, have been arrested so far by the Excise Department since it busted the drug racket on Sunday after conducting raids across Hyderabad and Secunderabad.

Want to buy a superbike? This Axis Bank loan funds 95% cost at 11% interest

Want to buy a superbike? This Axis Bank loan funds 95% cost at 11% interest

As the higher engine displacement superbikes catch fancy of the Indian consumer, Axis Bank on Wednesday introduced a special loan product, offering to fund up to 95 per cent of the costs.

The loans, which are for motorcycles with an engine displacement of over 500 cubic centimetres (cc), will come at a price tag of 10-11 per cent per annum.

5% GST only on branded cereals under trademark law, says Finance Ministry

5% GST only on branded cereals under trademark law, says Finance Ministry

The five per cent Goods and Services Tax (GST) rate will apply only on those branded cereals which are registered with the Register of Trade Marks, while others will remain exempted, the Finance Ministry said on Wednesday.

The government clarification comes as doubts were being raised over the meaning of "registered brand name".

PM Modi to meet Moshe, the toddler who survived 26/11 attacks, in Jerusalem

PM Modi to meet Moshe, the toddler who survived 26/11 attacks, in Jerusalem

Moshe Holtzberg, the Israeli child who as a toddler survived the 2008 terror attack at a Jewish centre in Mumbai, is excited and emotional ahead of his meeting with Prime Minister Narendra Modi in Jerusalem on Wednesday, his grandfather says.

Shortly before Moshe's second birthday, the terrorists stormed the Chabad House in Mumbai, taking the toddler, his parents and several tourists hostage. Moshe's nanny, Sandra Samuels, was also in the building but managed to hide in a room downstairs.

Volvo to only make electric-powered cars from 2019

Volvo to only make electric-powered cars from 2019

Swedish car maker Volvo says all its new cars from 2019 will have an electric motor, ending altogether the manufacture of automobiles that have only a combustion engine.

Volvo Cars, which describes the decision as "one of the most significant moves by any car maker," says it will have a range of models, including fully electric vehicles and hybrid cars.

MRP: Retailers can sell pre-GST goods with new price stickers till 30 Sep

MRP: Retailers can sell pre-GST goods with new price stickers till 30 Sep

The government has allowed retailers with unsold pre-GST stocks to stick new prices on them for sales, taking into account the post-GST changes. This means that companies have time till 30 September to clear unsold pre-GST goods with a revised MRP to be displayed along with printed sale price to reflect the changes post the new tax regime kicking- in.

The old MRP will have to be clearly on display along with the revised MRP sticker. But from 1 October, all pre-packed goods will have to have just one MRP including the GST.The old MRP will have to be necessarily displayed on the unsold inventories and the new rates can be reflected by way of stickers or through online printing alongside.

Wipro, Ramot at Tel Aviv University partner for joint research

Wipro, Ramot at Tel Aviv University partner for joint research

Software major Wipro Limited and Ramot, the Business Engagement Centre at Tel Aviv University, on Wednesday announced a partnership for joint research in emerging technologies.

TAU is Israel's largest institution of higher learning which is home to over 30,000 students studying in nine faculties, over 125 schools and departments across the spectrum of sciences, engineering, humanities and the arts.

Tata Motors passes GST benefit to consumers; reduces car prices by 12%

Tata Motors passes GST benefit to consumers; reduces car prices by 12%

Tata Motors on Wednesday announced that it has slashed the prices of its passenger vehicles by up to 12 per cent, following the roll-out of the Goods and Services Tax (GST).

"We are offering a price reduction of up to 12 per cent ranging between Rs 3,300 and Rs 2,17,000 depending on the model and variant," the car maker's President (Passenger Vehicles Business Unit) Mayank Pareek said.

Deal in trouble? Snapdeal board rejects $850 mn offer from Flipkart

Deal in trouble? Snapdeal board rejects $850 mn offer from Flipkart

Snapdeal's board is believed to have rejected a takeover offer of $800-850 million (around Rs 5,500 crore) from larger e-commerce rival Flipkart.

According to sources privy to the development, Flipkart has completed the due diligence process and has made an offer of $800-850 million to buy Snapdeal.

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