Tag Archives: in

FPIs Infuse Rs 4,100-Cr in Equities in Just 4 Trading Sessions

New Delhi: Overseas investors have pumped in a staggering over Rs 4,100 crore in the Indian equity markets in the last four trading sessions on hopes of rate cut by RBI and positive global cues. However, they pulled out Rs 746 crore from the debt markets during the period under review. Foreign Portfolio Investors (FPIs) have turned net buyers on ... Read More »

Top Seven Companies Add Over Rs 1 Lakh Cr in Market Valuation

New Delhi: Amid a strong broader market trend, seven of the top-10 companies saw their cumulative market valuation zoom by a whopping over Rs 1 lakh crore last week. During the week, the Sensex surged by 1,492.18 points to end at 24,646.48, its biggest weekly gain in four years. Barring Sun Pharma, HUL and ONGC, rest seven companies led by ... Read More »

Mutual Funds AUM Falls for Fourth Straight Month in February

New Delhi: Assets base of the country’s mutual funds industry dropped to Rs 12.62 lakh crore at the end of February, making it the fourth consecutive monthly decline, due to lower investment in equity schemes. According to the latest data of the Association of Mutual Funds in India (AMFI), over 40 fund houses in the country together had an average ... Read More »

HTC Vive VR Headset Sells 15,000 Units in First 10 Minutes of Pre-Orders

People are going gaga over HTC’s Vive VR, it appears. The Taiwanese company sold over 15,000 units of the HTC Vive virtual reality headset in the first 10 minutes of its pre-orders opening on Monday, an executive with HTC said. HTC began accepting pre-orders for its head-mounted VR gadget on February 29. Earlier this week, the company also revealed the ... Read More »

Levelled Up in a Game? Kiip Wants to ‘Reward’ You for It

Feeling happy after completing a gruelling workout or levelling up in a mobile game? Mobile advertising startup Kiip is looking to capitalise on that moment, by offering you a discount coupon. Kiip, which expects to be valued at $1 billion (roughly Rs. 6,729 crores) in the next two years, offers companies the choice to reward people who use some gaming, ... Read More »

Ola and Uber Launch Bike Taxi Services in Bengaluru

On demand transportation providers Ola and Uber have announced the launch of bike taxi pilots in Bengaluru on the same day, starting at a minimum fare of Rs. 15, for UberMoto, and Rs. 30 for Ola Bikes. UberMoto has been launched at Rs. 3 per kilometre, and Rs. 1 per minute of trip time, while Ola bikes are available at ... Read More »

Facebook Executive Released in Brazil After WhatsApp Data Access Row

Facebook’s vice president for Latin America was released Wednesday, a day after being arrested for refusing to hand over WhatsApp messages to the police investigating a drugs case. Judge Ruy Pinheiro, in Sergipe state, ruled overnight that the detention of Diego Dzodan in Sao Paulo on Tuesday had amounted to “unlawful coercion.” “It seems to me that the extreme measure ... Read More »

Samsung Galaxy S7, S7 Edge Pack a Moisture Sensor in USB Port

Samsung’s new Galaxy S7 and Galaxy S7 Edge premium smartphones also feature a moisture sensor in the USB port that alerts the user when they are plugging in their charger. The company clearly points that users need to dry the USB port before plugging the charger in the user manual of the Samsung Galaxy S7 and Samsung Galaxy S7 Edge. ... Read More »

Xiaomi Mi 5 India Launch ‘in a Month’, Says Hugo Barra

Xiaomi at the Redmi Note 3 India launch on Thursday confirmed that the Mi 5 flagship smartphone will be “coming to India in a month.” Xiaomi’s Global VP, Hugo Barra, during the event stressed that the team in India is trying to get the handset here “in a month” without specifying an exact date. The Chinese company also announced Xiaomi ... Read More »

Lava Planning to Set Up R&D Facility in Hyderabad

Domestic mobile handset manufacturer Lava plans to set up a research and development (R&D) facility in Hyderabad. A company official on Thursday said this would be their second facility and would be bigger than the existing one in Bengaluru, which employs 400 people. Sandeep Dongre, senior vice president and hub head, east, Telangana and Andhra Pradesh, told reporters that they ... Read More »