India’s largest telecom company Bharti Airtel today announced the launch of 4G services in Dras, Kargil and Leh in the Ladakh region, saying that it has become the first operator to provide the high speed data services in the area. “Customers in…
The commuters in the Delhi-NCR region have taken the highest number of rides–clocking an average 1,969 trips per person–on the global taxi hailing company Uber, with its UberGo being the most popular product among riders, claims the American firm. Uber today claimed…
Shopping centre magnate Sir Frank Lowy has struck a deal to sell his Westfield empire in a mega deal worth $32 billion. Westfield Corporation, founded by Sir Frank in the 1950s, is set to be taken over by European commercial property giant…
Germany’s Audi has abandoned plans to sell its Italian motorcycle brand Ducati, its chief executive Rupert Stadler said, in a sign of confidence that the carmaker expects to be able to carry the costs of its transformation. Steps to reduce costs by…
Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its licence in its most important European market. Regulator Transport for London (TfL)…
General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants. The U.S. company launched the cuts to save $1 billion in 2018,…
Apple Inc succeeded on Tuesday in preventing Chinese smartphone maker Xiaomi Inc from registering its “Mi Pad” tablet computer as an EU trademark because the name was too similar to Apple’s “iPad”. The European Union’s secondhighest court, the General Court, ruled that…
Union Minister Jayant Sinha yesterday said that Air India’s international and domestic operations would be sold together. The government has started the procedure for vital disinvestment of debt laden Air India as a major aspect of endeavors to resuscitate the national carrier….
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 sides agreed to the terms of an escrow fund for the…
Mahindra & Mahindra (M&M) today launched petrol variant of its SUV XUV500 priced at Rs.15.49 lakh (ex-showroom Delhi). The new trim would only be available with a 6-speed automatic transmission sourced from AISIN, Japan. The model is powered by its indigenously developed…
