Samsung tops in number of patents filed for self-driving cars

Samsung Electronics Co. filed the largest number of patents related to self-driving cars in Europe, data showed on Monday, far above traditional automobile manufacturers. According to the data compiled by the European... Read more »

Realme to expand offline sales to 150 Indian cities in 2019

New Delhi, Dec 31 China-based handset maker Realme on Monday said it would partner with 20,000 retail outlets in India to expand its offline sales to 150 cities in 2019. The offline... Read more »

Railways parking, catering contracts go online to checkmate alleged mafia

By Arun Kumar Das New Delhi, Dec 31 In a major policy shift, bidding for parking, catering and parcel-leasing – worth about Rs 3,000 crore a year — will be awarded through an... Read more »

Tokyo court extends detention of Nissan’s former chief

Tokyo, Dec 31 A Tokyo court on Monday extended to January 11 the detention of Nissan Motor´s former Chairman Carlos Ghosn, who was arrested in connection with financial misconduct allegations. The 64-year-old... Read more »

Railways completes 306 km of western dedicated freight corridor

The railways on Sunday said it has completed the 306-km section between Madar (Ajmer) in Rajasthan and Kishangarh (Rewari) in Haryana in the western segment. A Railway Ministry official said a trial... Read more »

GST, poor planning, high costs dampen Goa’s New Year party

Heavy taxation post GST, infrastructure shortcomings, expensive tariffs and poor planning have resulted in a drop in tourist arrivals in Goa, according to Savio Messias, president of the state’s top body travel... Read more »

New e-commerce norms to impact e-tailers: Flipkart

The policy changes the government announced on Wednesday for the e-commerce sector would have long term implications, said leading e-tailer Flipkart on Friday. “The government policy changes will have long term implications... Read more »

NPAs hit banks’ profitability in 2018; addressing NBFC concerns: RBI

Non-performing assets (NPAs or bad loans) weighed down the balance sheets of banks necessitating large provisioning, which adversely affected their profitability, especially of state-run banks during 2018, the Reserve Bank of India... Read more »

Auto sector may attract $8-10 bn investment by 2023: Government

The Central government expects the Indian automobile sector to attract around $8-10 billion in local and foreign investment by 2023. According to the “Year End Review 2018” of the Ministry of Heavy... Read more »

New norms to ensure balanced growth of e-commerce: Snapdeal

The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains for both sellers and buyers, said leading e-tailer Snapdeal on Thursday. “The update... Read more »