Mahindra & Mahindra has launched the XUV500 after a facelift. Christened as the New Age XUV500, the car has been launched at the starting price of Rs 11.21 lakh (ex-showroom, Delhi).

The SUV was initially launched in the year 2011 and did wonders for the company’s sales chart, however for long, Mahindra XUV500 was expected to go under the scalpel for a much-needed refurbished look. Prior to this, company initiated a teaser on its website a day ahead of its launch displaying a tracker with the time remaining for its launch.

NEW DELHI: Search engine giant Google today said it aims to bring 20 million small and medium businesses in India online by 2017 through its mobile app, Google My Business (GMB).

The GMB app will help small and medium businesses (SMBs) create and manage their business information online across Google in English and Hindi for free, without having to invest in a website or a domain.

Japanese phone maker Sony on Tuesday launched the Xperia M4 Aqua with unique waterproof and dust-resistant features.

The M4 Aqua could be an enticing option for buyers looking for a good camera phone with a long battery life.

State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) today reported 52% fall in standalone net profit at Rs 888.35 crore for the quarter ended March 31, 2015.

The state-owned firm had posted a net profit of Rs 1,844.59 crore in the year-ago period, it said in a BSE filing.

Benchmark indices have extended losses and are trading near day’s lower dragged by index heavyweight shares like Tata Motors, ITC and HDFC.

By 14:05, the Sensex was lower by 156 points at 27,489 and the Nifty slipped by 45 points at 8,325.

NEW DELHI: The Tata Group has virtually ruled out re-acquiring Air India when the government decides to divest in it.

"That was 14 years ago (when Tatas were keen on buying back AI.) Not now," Tata Sons-Singapore Airlines (SIA) JV Vistara chairman Prasad Menon told TOI.

Snapdeal, one of the largest e-commerce players in India, has snapped up MartMobi for an undisclosed amount. Based in Hyderabad, Martmobi helped vendors build mobile apps and sites. Snapdeal said the acquisition will help improve its mobile experience for sellers and customers on its marketplace.

India is Asia’s fastest-growing smartphone market, according to IDC, and mobile is the first point of access for many Internet users. For e-commerce platforms, this means it is essential to make mobile apps and sites that are not only easy to browse and purchase from, but also navigable for vendors managing large amounts of inventory and transactions.

Bengaluru: The Wipro Group, which comprises listed software services company Wipro Ltd and two privately held companies, has inducted Rishad Premji, son of billionaire chairman Azim Premji, to its highest decision-making body, the group executive council (GEC).

Rishad Premji, 38, was earlier this month brought on board the GEC, which shapes strategic priorities for both the information technology (IT) and non-IT business of Bengaluru-based Wipro, said a person familiar with the development.

Mumbai: Mukesh Ambani’s Reliance Industries Ltd (RIL), which runs the world’s biggest single-location refinery at Jamnagar in Gujarat, more than doubled its product and feedstock hedging in the last fiscal year as a volatile crude exposed risks of huge inventory losses for crude oil refiners.

In 2014-15, RIL hedged a total of 308.71 million barrels annually or 0.85 million barrels per day (bpd) of its feedstock. This is against a total crude oil consumption of 1.32 million bpd that the company needs to run its refinery. This is more than double what RIL hedged in 2013-14, at 150.95 million barrels a year or 0.42 million bpd, according to the standalone numbers in the firm’s annual report released last Wednesday.

Bengaluru/New Delhi: Amazon.com Inc. is famed for its customer obsession: driving prices lower, offering the widest range of products and delivering them faster to its customers. Since launching in India in June 2013, Amazon has applied the same strategy in the country, adding millions of customers and quickly becoming the biggest threat to local rivals Flipkart and Snapdeal.

In the process, the world’s largest online retailer has antagonized at least some third-party sellers or independent merchants that hawk their products through the Amazon.in website. Some of them say that in its obsession with pleasing customers, the company is squeezing sellers hard by putting in place stringent policies on product returns, closing down seller accounts and withholding payments for weeks.

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