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Samsung launches New Phones Galaxy A7, Refrigerator, TV
Global electronics giant Samsung Monday launched a range of products, including three 4G-enabled smartphones, the world's first "convertible" refrigerator, televisions with technology where you can transfer mobile content, and a library of…
BSE Sensex and Nifty end Flat; FMCG Stocks rise
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally ended Monday trade up 41 points or 0.14 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade…
Cyber Bank Robbers steal $1 billion: Kaspersky Report
Up to 100 banks and financial institutions worldwide have been attacked in an "unprecedented cyber robbery", a media report said Monday. Russian computer security firm Kaspersky Lab estimates $1 billion has been stolen in the attacks, which…
Infosys acquires Automation Firm Panaya for $200 mn
Global software major Infosys Ltd. Monday announced acquisition of the US-based automation technology firm Panaya for $200 million (Rs.1,245 crore) for large-scale enterprise software management. "The acquisition reflects our execution of…
India’s Wholesale Inflation declines by 0.39 Percent in Jan
India's wholesale price inflation decelerated by 0.39 percent in January from an increase of 5.11 percent in the corresponding period of last fiscal, government data showed Monday. India's wholesale price index (WPI) based inflation had…
BSE Sensex surges 186 Points; Banking Stocks gain
A benchmark index of Indian equities markets Monday was trading 185.73 points or 0.64 percent up as banking stocks surged. While good buying was observed in banking, auto, capital goods, oil and gas, and metal sectors, marginal selling…
Hindalco bags Jharkhand Coal Mine on 2nd Day of Auction
The Aditya Birla Group company Hindalco won the first block on the second day of the coal block auctions Sunday, as the aluminium-maker emerged as the highest bidder with Rs.2,860 per tonne for the Kathautia mine in Jharkhand. “This would…
Petrol, Diesel price hiked after Crude Oil Prices Surge
As a consequence of recent volatility of international crude oil prices, state-run Indian Oil Corp Sunday hiked rates of transport fuels effective from midnight. Accordingly, the price of petrol will increase by 82 paise per litre, while…
SAP India launches SAP S/4HANA Enterprise Software
SAP India,a subsidiary of SAP SE (NYSE: SAP), today announced the launch of SAP® Business Suite 4 SAP HANA® (SAP S/4HANA),heralding a new generation of business suite designed to enable Indian customers run simple in a digital and networked…
4G will revolutionise Telecom Sector, help Growth: Minister
Communications and IT Minister Ravi Shankar Prasad Saturday said fourth generation (4G) technology will be the next revolution in the telecom sector with a lot of potential for India's economic growth. "We recognize the vision of 4G and the…