Author Archives: Sayantani Singha
NZ opener Latham happy with the batting practice in warm-up
The pitch laid out for the tie at Kotla did not offer turn on day one, but the one for the first Test beginning September 22, in Kanpur, is expected to assist India’s quality spinners. Latham, who showed promise with a solid 55 on Friday, said there was no point worrying about the conditions in the Test series. “All we Read More
2016 Toyota Fortuner to be in India by end-Nov
Overdrive reports that Toyota Kirloskar Motor will launch the next generation 2016 Toyota Fortuner in India in the first week of November. This is reported to be a confirmation from the manufacturer themselves. The exterior features an all new styling comprising of sharp lines and contemporary elements that make the Fortuner look bolder than ever. The new Fortuner is 90 Read More
The secret behind Xiaomi’s success in India
Experts say for multinationals to succeed in India the key is learning to do business the Indian way, rather than dumping global business models and practices on the local market. It’s a lesson Chinese smartphone maker Xiaomi has applied to its advantage. As things stand, Xiaomi is the third largest smartphone brand in the top 30 cities in India. With Read More
Surge pricing: Flying looks cheaper than train travel
With the introduction of a flexi-fare system by the Railways from Friday for 142 premium trains, including 42 Rajdhani trains, 46 Shatabdi and 54 Duronto trains, the gap between the airfares and rates of these premium trains has reduced. This may push more passengers towards aviation sector. Cashing in on the opportunity, Air India even came out with an advertisement Read More
Sensex up over 300 points; RIL hits 2-year high
Benchmark shares indices extended gains in late morning trade led by index heavyweight Reliance Industries while banks firmed up on hopes that the Reserve Bank of India may ease key policy rates at its meeting early next month. At 12pm, the S&P BSE Sensex was up 337 points at 28,750 and the Nifty50 gained 96 points at 8,839. In the Read More
Adobe, Microsoft and Google among India’s 50 best IT & ITeS companies
Adobe Systems India, Google India, and Microsoft India are among the 50 Best IT & ITeS workplaces in the country, according to a survey. The ‘Great Place To Work Institute’ today released the second annual list of India’s Best Companies to work for in IT & ITeS segment. The list was based on an assessment of employee perceptions gauged using Read More
Rupee hits 2-week low at 67.02 on devaluation reports
The rupee, on Thursday, ended below the psychological 67-mark, falling 13 paise to hit over two-week low, on renewed demand for the US dollar amid reports that the commerce ministry might propose devaluation of the domestic currency to give a fillip to the exports sector. To end the day, the rupee settled at 67.02 against the American currency – its Read More
Tech bubble has burst? Funds prune allocation to IT stocks
With rising concerns on the growth prospects of the information technology sector, equity fund managers have drastically cut their asset allocation to stocks of software companies this calendar year. They’ve pruned their holdings by 300 basis points since January, to a low of 7.7 per cent in August. This is the lowest monthly exposure to information technology (IT) stocks in Read More
Mallya can seek Emergency Certificate to return to India: MEA
Dismissing beleaguered businessman Vijay Mallya’s claim that he is unable to travel back as his passport has been suspended by the Indian authorities, the government, on Thursday, said any citizen can approach the nearest Indian Embassy or High Commission and apply for an Emergency Certificate to return to the country. Underlining that the Emergency Certificate is specifically meant to provide Read More
Petrol price up by 58 paisa a litre; diesel cut by 31 paisa
Petrol price was on Thursday hiked by 58 paisa a litre while diesel rate was cut by 31 paisa per litre in line with international trends. Petrol will cost Rs 64.05 a litre from midnight tonight as against Rs 63.47. Similarly, diesel will cost Rs 52.63 a litre as compared to Rs 52.94 a litre. This is the second increase Read More