Smartphones will decide auto sales in India by 2022: Facebook-KPMG

Approximately one in two four-wheeler purchases (47 per cent) and two-wheeler purchases (45 per cent) will be influenced by Facebook, said the latest "Zero Friction Future" report. Read more »

MCI and UGC completely outdated, worst institutions: Amitabh Kant

​NITI Aayog doesn’t release funds any more, but it does monitoring, evaluation, ranks states on various indices, and thus creates healthy competition among states. Read more »

Will the NPA black hole suck in the country’s entire banking universe?

With barely nine months to go before the Lok Sabha election, how serious is the crisis in our banking system? Put simply, it is not going to be resolved any time soon. Read more »

Kishore Biyani is buying a significant stake in London-listed online fashion retailer Koovs.com

Besides Biyani, other famous Koovs investors include British businessman-turned-politician Lord Waheed Alli, a former chairman of Asos.com. Alli founded Koovs in 2012. Read more »

SBI Card launches artificial intelligence powered virtual assistant electronic live assistant

Customers can communicate with ELA in conversational language, enabling easy interface along with prompt query resolution, SBI Card managing director Hardayal Prasad said. Read more »

Tripura govt seeks VAT waiver of ONGC Tripura Power Company to examined

ONGC, IL&FS Energy Development Company Ltd and Tripura Government had formed a special purpose vehicle ONGC Tripura Power Company (OTPC) to implement the project. Read more »

Rs 1,300 crore Utkal expansion to be completed in 30 months: Hindalco

Commenting on the expansion in the domestic market, Hindalco's Satish Pai said, "we will wait for some more time because we still need to be little bit careful about coal availability and... Read more »

PNB to concentrate processing of big loans to 60 designated branches

The lender suffered huge losses on account of over USD 2 billion fraud perpetrated by diamond jeweller Nirav Modi in connivance with a few bank officials. Read more »

Travel and Tourism investment expected to rise by 6.7% per annum over next 10 years: FICCI-YES Bank Report

She also added that the ministry of civil aviation is working to remove bottlenecks in remote and regional areas by providing proper navigation means, technology, better security and safety. Read more »

Succession in HDFC and its group companies is a key agenda before board, says Deepak Parekh

Parekh, however, made it clear that at HDFC Ltd, the board and its present VC and CEO have agreed that he will continue in this role for a period of 3 years. Read more »