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Apple agrees to pay Ireland over $15bn in back taxes

Washington : iPhone maker Apple has agreed to pay Ireland $15.46 billion in back taxes by early 2018. According to Wall Street Journal, Irish Finance Minister Paschal Donohoe said on Monday that both...

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Tata Motors launches end of the year sales offer

Mumbai : To push sales during the year-end period, automobile major Tata Motors on Monday said that it has launched a ‘Mega Offer Max Celebration’ sales offer. According to the company, the offer...

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Shipping goods to Central Asia via Iran to be possible by January

New Delhi : Having acceded to the United Nations’ convention on international transport of goods, India will ship its first consignment to Russia or Turkey via Iran on January 15, cutting down the...

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Infinix Zero 5: Premium looking mid-range smartphone

By Krishna SinhaChaudhury, New Delhi : China-based Transsion Holdings made its debut in India in August with Infinix Note 4 and Hot 4 Pro smartphones that did not make much of a noise in the...

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RInfra wins Rs 5,000 cr EPC contracts in Bangladesh

Mumbai : Reliance Infrastructure (RInfra) on Wednesday announced it has won two major engineering, procurement and construction (EPC) contracts in Bangladesh valued at Rs 5,000 crore through an...

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Honor 7X: Hardy phone with dashing disposition

By Gokul Bhagabati, New Delhi : At a time when prices of premium smartphones are soaring sky-high, some smartphone makers are finding ways to pack an ensemble of enviable features including dual camera...

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Jio to drive India to become full-grown 4G power in 2018: Report

New Delhi : Riding on the Jio wave, 2018 will see India gradually move away from being a developing 4G country, overcoming the hiccups necessary to become a full-grown 4G power, a new report said on...

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Manufacturing slowdown halves’ October factory output growth to 2.2%

New Delhi : A slowdown in manufacturing sector almost halved the rise in India’s factory output in October to 2.2 per cent from 4.14 per cent in September and 4.2 per cent during the corresponding...

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Morocco named best spa destination in Africa

Rabat : Morocco was named the world’s best spa destination in Africa for the second consecutive year at the World Spa Awards gala ceremony in Vietnam. In addition to Morocco, the award short list...

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Srei, Russian development bank deal on $200 mn innovation fund

Moscow : Russia’s state-run Vnesheconombank (VEB) and Kolkata-based Srei Infrastructure Finance have agreed on the operational terms for setting up an IT and innovation fund with a corpus of $200...

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Microsoft India to enable partners to work closely with government customers

By Nishant Arora, Hyderabad : Microsoft will soon enable partners to work effectively with its rich network of government customers, helping them work around the countrys ega digital initiative, a top...

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Tata Motors delivers first set of Tigor EVs to EESL

Mumbai : Automobile major Tata Motors on Thursday delivered the first set of Tigor Electric Vehicles (EVs) to state-run Energy Efficiency Services Limited (EESL). According to the automobile major, the...

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71% Indian firms might deploy AI before 2020: Intel

Bengaluru : As firms’ appetite for the adoption of Artificial Intelligence (AI) grows, 71 per cent Indian organisations are looking at increased process automation as a key benefit which in turn is...

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‘Microsoft India to nurture unicorn firms, start-up community in 2018’

By Nishant Arora, Hyderabad : Armed with Intelligent Cloud and Edge capabilities, Microsoft will give a renewed thrust to nurturing unicorn firms and the start-up community in India next year, Anant...

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Engineering goods push exports higher to $26 bn in November

New Delhi : Healthy off-take of India’s engineering and petroleum products pushed exports higher to $26.19 billion in November from $23 billion in October and $20.06 billion during the corresponding...

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84% manufacturing firms globally embraced software over hardware: Report

New Delhi : With the device manufacturing industry embracing software over hardware as its primary business model, a new report said on Friday that 84 per cent of the organisations in the sector...

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Microsoft files patent for foldable dual-screen notebook

San Francisco : Microsoft has filed a patent for a foldable dual-screen notebook which is quite like the companys “Courier” concept — a booklet PC which was first reported in 2008 and then cancelled in...

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How smartphone players in India can keep innovating in 2018

By Faisal Kawoosa, The year 2017 is likely to be remembered as the year of transition. And 2018 is going to be the year of experiments for the smartphone industry — marking the start of a second era of...

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Telecom: Year of turmoil with bleeding balance-sheets under GST’s shadow

By Aparajita Gupta, New Delhi : It was a year of turmoil for the hyper-competitive Indian telecom sector as the balance-sheets of many major players kept bleeding, prompting the government to form an...

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Adani parts ways with mining services company Downer over Carmichael mine

Sydney : Embattled Indian miner Adani Group has parted ways with mining services giant Downer and said it will build and run the Carmichael coal mine, Australia’s biggest coal venture in central...

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