Business

Apple sues Qualcomm for $1 bn, chip maker hits back

Punjab News Express
SAN FRANCISCO : Days after the US government filed a lawsuit against global chip manufacturer Qualcomm of forcing Apple to use its chips in exchange for lower licensing fees, the Cupertino-based tech giant has sued Qualcomm for nearly $1 billion over royalties.

Apple, Amazon end audiobook exclusivity deal

Punjab News Express
NEW YORK : In an aim to improve competition in downloadable audiobook distribution in Europe, Apple and Amazon have agreed to end an exclusivity agreement that made Audible the only seller of audiobooks inside of iTunes.

SpiceJet to buy up to 205 aircraft from Boeing

Punjab News Express
NEW DELHI : Budget passenger carrier SpiceJet on Friday said that it will purchase up to 205 aircraft from global commercial jetliners' manufacturer Boeing.

Union Finance Minister Arun Jaitley launches Airtel Payments Bank

Punjab News Express
CHANDIGARH : Airtel Payments Bank, India’s first payments bank, today commenced national operations with services now LIVE in all 29 States of India.

Shut down SBI branches till cash flow improves, says trade union

Punjab News Express
CHENNAI : State Bank of India (SBI) can shut down its branches till the supply of cash gets normalised and staff are not put to risk to face the ire of banking public, a top union leader said.

Don't think Industrialists and Traders are thieves,they are partner of Government: Manish Sisodia

Punjab News Express/Pardeep Luthra
BATALA: Delhi Deputy Chief Minister Manish Sisodia was of the view that Traders and Industrialists are thieve and they are partner of government. if his party was voted to power, government would induct Industrialist or trader as finance minister, in an order to promote the Industry and trade which were ruined during Badal's regime.

Yahoo to be renamed Altaba, CEO to step down

Punjab News Express
NEW YORK/NEW DELHI :  Yahoo, which was acquired by US wireless communications service provider Verizon for a mere $4.8 billion in July last year, will soon be called Altaba, media reported on Tuesday, adding that Yahoo CEO Marissa Mayer will step down from the board of directors.

IT Dept overseeing note ban: 'It's like making Dracula in charge of blood bank'

Punjab News Express
NEW DELHI: Asking the Income Tax Department to ensure the success of the demonetisation move by the government is like making "Dracula in charge of a blood bank."

Fly High with Air India on Special Fares

Punjab News Express
CHANDIGARH: National carrier Air India once again brings the joy of booking Air tickets at the price of Rajdhani Express 2nd AC. Passengers travelling on select domestic sectors in the economy class can avail this exclusive offer.

Satisfaction of 4G users high, Jio to trigger more tariff cuts: Survey

Punjab News Express
NEW DELHI : Even as satisfaction levels of the subscribers of 4G services in India have risen to 97 per cent in three months, more tariff cuts are on the anvil with retention level for Jio seen at a high 65 percent when its free offer draws to a close, says a survey.

Now add money on Paytm using 'United Payments Interface'

Punjab News Express
NEW DELHI : Mobile payment and e-commerce platform Paytm on Tuesday added support for payments using the "Unified Payments Interface" (UPI).

SBI cuts cost of lending rate by 0.9% across maturities

Punjab News Express
MUMBAI : With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.

Akshay Kumar to endorse Tata Motors' commercial vehicles

Punjab News Express
MUMBAI : Bollywood star Akshay Kumar has been appointed brand ambassador for automobile major Tata Motors' commercial vehicle business unit.

Apple, Nokia again sue each other over patents

Punjab News Express
NEW YORK : Five years after Apple and Nokia settled a lawsuit, the tech giants have again locked horns over patents with Apple filing an anti-trust lawsuit against third-party companies Patent Assertion Entities (PAEs) that act on Nokia's behalf, and the Finland-based firm suing Apple directly.

Over 90% of Tata Steel shareholders oust Wadia as Director

Punjab News Express
MUMBAI: Over 90 per cent shareholders of Tata Steel voted to remove industrialist Nusli Wadia as independent Director of the company, it announced on Thursday.

Paytm sets up awareness camps to help India go cashless

Punjab News Express
NEW DELHI : Mobile payment and e-commerce platform Paytm on Monday announced that it is setting up awareness camps in every district to help the country go cashless.

Importance of Right Business Strategy for A Start-Up

Punjab News Express
MUMBAI : The Indian markets are raining start-ups. These range from Retail to IT in industry type; B2B to B2C in nature of business; invested to boot-strapped in terms of being funded; these could also be rich in experience or could be youngsters just out of college; these could be doing business in either local, domestic or the global market. 

Paytm joins NHAI for cashless payments at toll booths

Punjab News Express
NEW DELHI : Mobile payment and e-commerce platform Paytm on Wednesday announced its partnership with the National Highways Authority of India (NHAI) to enable cashless payments at all state, national and city toll plazas across the country.

Now ride 'Ola Share' at Rs 50 for first 7 km

Punjab News Express
NEW DELHI : Cab aggregator platform Ola on Wednesday announced a special fare on "Ola Share" rides across Delhi-NCR where users can book an "Ola Share" at a flat rate of Rs 50 from more than 150 Metro stations.

Hotstar is Apple TV's app of the year

Punjab News Express
MUMBAI : For its services to Apple as an over-the-top content (OTT) platform, premium streaming platform Hotstar has been named as Apple TV's app of the year for India in 2016.

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