Business

Amazon.in now available in Hindi


New Delhi, Sep 4: Breaking the language barrier for Indian customers, Amazon India on Tuesday launched a link for a Hindi option on its e-commerce portal 'amazon.in' available on Android and its mobile website.Launch of the Hindi shopping experience is a significant step towards bringing the next 100 million customers online, Amazon...

Rupee falls to fresh low of 71.43 per US dollar


Mumbai, Sep 4: High crude oil prices and negative global cues pulled the Indian rupee to a new record low of 71.43 per US dollar in the late on Tuesday afternoon.The Indian rupee which opened at 71.24 per US dollar surpassing the previous low of 71.37 per dollar, which it had touched...

Yashwant Sinha slams government for hike in petrol, diesel prices


New Delhi, Sep 4: Former Finance Minister Yashwant Sinha on Tuesday slammed the union government for unprecedented hike in prices of petrol and diesel and expressed his anguish over the opposition parties for not hitting the streets over the issue.Petrol, diesel and gas prices are rising and are hitting all time highs...

Microsoft ‘AI for Earth’ programme selects 7 grantees from India


New Delhi, Sep 4: Microsoft on Tuesday announced it has selected seven Indian grantees for its $50 million AI for Earth programme aimed at empowering people and organisations to solve environmental challenges through the power of Artificial Intelligence (AI).The seven recipients will receive access to Microsoft Azure Cloud and AI computing resources,...

Weak rupee depresses equity indices; banking stocks fall


Mumbai, Sep 4: Broadly negative global cues coupled with a weak rupee depressed the Indian equity markets on Tuesday. According to market observers, heavy selling pressure was witnessed in consumer durables, banking, and auto stocks. At 3.30 p.m., the Nifty50 on the National Stock Exchange (NSE) provisionally closed at 11,520.30 points, lower 62.05 points...

Dassault Systemes helps Ashok Leyland unify virtual, physical testing


Bengaluru, Sep 4: Global 3D experience major Dassault Systemes on Tuesday announced that commercial vehicle manufacturer Ashok Leyland has expanded the use of its 3DEXPERIENCE platform by adopting the Global Validation, Proven Performance (GVPP) industry solution experience. GVPP enables businesses to meet the global challenges by unifying virtual and physical testing to optimise...

Sony India looks at 30-35 percent revenue from premium products in two years


Kolkata, Sep 4: Consumer electronics giant Sony India, which is focusing on strengthening its premium image, expects that the share of premium products across categories to its revenue would increase to 30-35 per cent in the next two years, an official said on Tuesday. Premium products across different categories (television, sound, digital imaging...

RInfra ratings rise as Mumbai power business sale cuts debt


Mumbai, Sep 3: Reliance Infrastructure's (RInfra) ratings have improved with the completion of transaction for sale of its Mumbai power business, the proceeds of which have been used to pay off debt liabilities, the company announced on Monday.An RInfra release here said that credit rating agency Brickwork Ratings (BWR) has withdrawn its...

Dollar strength against rupee no panacea for export growth: EEPC India


Kolkata, Sep 3: India's engineering export growth slackened to 9.4 per cent in July even as the rupee continued to depreciate against the dollar during the month, demonstrating that a stronger dollar does not always lead to export momentum, the EEPC India said on Monday.The Engineering Export Promotion Council (EEPC) of India...