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India’s Pet Trade Goes Online, Poised For Big Jump

India’s Pet Trade Goes Online, Poised For Big Jump

When Satish Cadabom recently brought a pair of Korean Dosa Mastiff pups, it hit the headlines — for the Rs 2 crore he shelled out for them. He spends another Rs 30,000 a month on food and care. “Expensive breeds are in high demand,” said Satish, who has been a dog breeder for 20 years, [...]

April 16th, 2016 | Posted in Business | Read More »

PC Sales Slump For Sixth Consecutive Quarter

PC Sales Slump For Sixth Consecutive Quarter

SAN FRASNCISCO – Sales of personal computers slid for the sixth consecutive quarter at the start of 2016, falling to levels not seen since 2007, a market tracker said Monday.
A survey by research firm Gartner shows a 9.6 percent drop in PC sales in the first quarter compared with a year earlier, to 64.7 million [...]

April 16th, 2016 | Posted in Business | Read More »

India’s Untapped Waste Management Industry Worth $13 Billion

India’s Untapped Waste Management Industry Worth $13 Billion

NEW DELHI – Between an India which produces 62 million tonnes of solid waste every year and a ‘Swachh Bharat’ is an untapped waste management industry which has the potential to be worth $13 billion by 2025, according to business organisations dealing in waste management research.
Entrepreneurs are now urgng the government to franchise the ‘fragmented’ [...]

April 16th, 2016 | Posted in Business | Read More »

New ‘Smart’ Bottle Helps Uncorked Wine Keep Longer

New ‘Smart’ Bottle Helps Uncorked Wine Keep Longer

NEW YOR – A US startup says it has created the world’s first “smart” bottle which can keep wine as fresh as the day it was uncorked for up to a month.
The Boston-based Kuvee company said in a statement that the industry “has been slow to innovate beyond the glass bottle and cork.”
Kuvee’s specially designed [...]

April 2nd, 2016 | Posted in Business | Read More »

Google Unveils Landline Phone, Which Lives In Cloud

Google Unveils Landline Phone, Which Lives In Cloud

SAN FRANCISCO – Google on Tuesday unveiled a new landline telephone service aimed at helping consumers stay connected in the Internet cloud.
The new Fiber Phone service will be made available to a few US markets and later expanded to other cities where Google offers high-speed Internet.
The new service adds a few high-tech features to the [...]

April 2nd, 2016 | Posted in Business | Read More »

India Business Sentiment Falls In March, Survey Finds

India Business Sentiment Falls In March, Survey Finds

NEW DELHI – Indian business sentiment fell for the first time in three months in March as companies faced lower demand amid rising input prices adding to expectations of an interest rate cut by the Reserve Bank of India, a survey has found.
The MNI India Business Sentiment Indicator, a gauge of current sentiment among BSE-listed [...]

April 2nd, 2016 | Posted in Business | Read More »

Marriott’s $14.4-Billion Buyout Of Starwood To Create Biggest Hotel Company

Marriott’s $14.4-Billion Buyout Of Starwood To Create Biggest Hotel Company

NEW YORK – Marriott won over Starwood with a sweetened bid worth more than $14.4 billion (almost Rs 1 lakh crore) just days after a Chinese insurance company appeared to steal the deal away from the hotel chain with a more lucrative offer.
The buyout, which may still be contested by China’s Anbang, would create the [...]

March 26th, 2016 | Posted in Business | Read More »

Apple Announces New 4-Inch iPhone SE

Apple Announces New 4-Inch iPhone SE

SAN FRANCISCO – Confirming leaked media reports, Apple on Monday launched its first-ever cheaper and smaller yet powerful 4-inch iPhone SE, especially for the emerging markets like India and China.
The 64 GB version will come at $499, while the 16 GB model costs $399.
As powerful as iPhone 6S, it has a 64-bit A9 processor and [...]

March 26th, 2016 | Posted in Business | Read More »

India Attracts Over Rs 1.28 Lakh Crore In Electronics Manufacturing

India Attracts Over Rs 1.28 Lakh Crore In Electronics Manufacturing

NEW DELHI – Total investments in electronics manufacturing sector in India, one of the world’s largest consumer electronics market, has crossed Rs 1.28 lakh crore, communications and IT minister Ravi Shankar Prasad said on Tuesday.
“When our government came (in 2014), the total investment in electronics manufacturing was around Rs 11,700 crore and as of two [...]

March 26th, 2016 | Posted in Business | Read More »

Uber, Ola Losing Sheen In India As Driver Incomes Fall

Uber, Ola Losing Sheen In India As Driver Incomes Fall

NEW DELHI – Pramod Narayan’s life changed a couple of years back, when he registered himself with Ola Cabs, the Indian replica of global taxi aggregating platform Uber. He had been a chauffeur in Pune for 18 years, during which time his best take-home was Rs 15,000 a month. But as an Ola driver, he [...]

March 19th, 2016 | Posted in Business | Read More »