Follow us with

Business and Tech News

    Get iPhone 7, iPhone 7 Plus At Airtel Online Store For Rs. 7,777.

    Posted on : Saturday 18th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    At Airtel online store, you can get iPhone 7 for Rs. 7,777 followed by 24 equated monthly instalments (EMIs). The offer is meant only for those who are postpaid customers of Airtel. However, the telecom company urges its prepaid customers to shift from prepaid to postpaid so as to avail the offer. The Airtel postpaid customers can also buy iPhone X on the Airtel online store after fresh stock was added to the store. It is noteworthy here that earlier when the iPhone X was offered on the Airtel online store on November 3, it was sold withing ...

  • 8GB OnePlus 5T launched, early sale in India from November 21

    Posted on : Friday 17th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    After doubling its market share in the premium smartphone segment in India, Chinese smartphone maker OnePlus on Thursday launched its latest flagship device OnePlus 5T globally, including in the country. The 8GB device with "Face Lock" feature, 18:9 display and an enhanced low-light camera technology will be available in 64 GB and 128 GB (midnight black) variants for Rs 32,999 and Rs 37,999, respectively. "The feedback on OnePlus 5 has been very positive, but there were some areas where we saw room for improvement to c...

  • Ambanis top Forbes list of Asia's richest families with net worth of $44.8 bn

    Posted on : Thursday 16th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    With a net worth of  USD 44.8 billion, the Ambanis have become the richest family in Asia. As per a Forbes listing, Mukesh Ambani family's net worth rose USD 19 billion to USD 44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position. The Ambanis are the only Indian family on the top 10 richest families list in Asia. Despite dropping to the second spot, Korea's Lee family still saw its wealth soar by USD 11.2 billion to USD 40.8 billion this year as shares of Samsung Electronics moved up 75 ...

  • Moto X4 launched in India at Rs 20,999

    Posted on : Wednesday 15th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    Motorola on Monday launched Moto X4 in India at a starting price of Rs 20,999 for the 3GB RAM and 32GB storage variant. The 4GB RAM and 64GB storage variant will cost Rs 22,999. The device will retail in super black and sterling blue colours exclusively on Flipkart and Moto Hub shops, starting on Monday.  There is a 12MP + 8MP primary camera that comes with "Dual Autofocus Pixel" technology and a 16MP selfie camera with a low-light mode. The dual-SIM (Nano) Moto X4 runs on Android 7.1.1 Nougat. It sports a ...

  • Idea offers 60GB 4G data on new Sony Xperia phones

    Posted on : Wednesday 8th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Idea Cellular on Wednesday announced its partnership with Sony India for 4G data offers for those purchasing Sony Xperia R1 Plus and R1 smartphones. Idea users opting for Sony Xperia R1 Plus and R1 smartphones -- priced at Rs 14,990 and Rs 12,990, respectively -- will get the benefits of 60 GB 4G data on their first six recharges, in addition to the existing voice and data benefits of the packs, the company said in a statement. "We are happy to partner with Sony India for enabling superior 4G experience for our customers...

  • November 8 Last Year A 'Watershed Moment', Says Arun Jaitley On Notes Ban

    Posted on : Tuesday 7th of November 2017
    kuwaitindian news,kuwait local news,kuwait news

    NEW DELHI:  A day before the government marks one year of demonetization as "anti-Black Money Day", Finance Minister Arun Jaitley said in a Facebook post that that country had moved on to a much cleaner, transparent and honest financial system since the notes ban, which he described as a "watershed moment" in the history of India's economy. "Benefits of these may not yet be visible to some people. The next generation will view post November, 2016 national economic development with a great sense of pride ...

  • British Retailers Cut Jobs At Fastest Rate Since 2008

    Posted on : Monday 30th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    London: British retailers cut jobs over the past three months at the fastest rate since comparable records began in 2008, due to technological change and rising employment costs, the British Retail Consortium said on Thursday. The BRC, which represents major retailers, said its members employed 3.0 per cent fewer staff in the third quarter of this year than during the same time in 2016, and total hours worked fell by 4.2 per cent year-on-year. Both were the steepest falls since the BRC started collecting records in 2008, when Britain was...

  • BSNL public Wi-Fi hotspots within 7 months

    Posted on : Saturday 21st of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Thiruvananthapuram: Bharat Sanchar Nigam Limited (BSNL) will complete work of setting up 2,266 Wi-Fi hotspots across the state within seven months, chief general manager Dr. P.T. Mathews said. He said 19.21 lakh connections have been linked with Aadhaar cards. BSNL will complete setting up 855 2G mobile towers, 1,083 3G towers and another 662 4G towers as part of the expansion of cell phone network by next March. Mathews said the number of BSNL subscribers has crossed one crore in Kerala. This includes 97.8 lakh pre-paid subs...

  • Jet Airways Diwali Sale: Up To 20% Off On Domestic, International Flights

    Posted on : Wednesday 18th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Jet Airways on Tuesday announced a special limited-period scheme targeting Diwali 2017. Under this offer, Jet Airways will provide discounts of up to 20 per cent on tickets booked during the nine-day sale period, the airline said in a press release. Jet Airways' 20 per cent off scheme is applicable on both domestic and international flights, it said. "Enjoy great savings this Diwali with attractive travel offers from Jet airways in India and overseas," Jet Airways said. Under the Diwali 2017 scheme, flyers will be offered d...

  • Xiaomi Mi Mix 2 launched in India at Rs 35,999

    Posted on : Tuesday 10th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Calling it an amalgamation of art and technology, Xiaomi India on Tuesday launched Mi Mix 2 that will compete with Apple, Samsung and others in the premium segment smartphone category. Xiaomi, which is one of the most trusted brand in the country in the mid-segment smartphone market, said the device, priced at Rs 35,999, will be available at Flipkart and Mi.com from the first week of November. Manu Jain, Global Vice President of Xiaomi and Managing Director of Xiaomi India, told reporters here that the company will organise the first...

  • All-touch BlackBerry 'Motion' with 4,000 mAh battery launched

    Posted on : Monday 9th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Dubai: China-based TCL Communication has officially launched BlackBerry "Motion" -- an all-touch smartphone -- that comes with a massive 4,000mAh battery and is said to be similar to the popular BlackBerry "KEYone" sans the physical keyboard. The smartphone sports 5.5-inch full-HD LCD display and is likely to be a mid-range phone equipped with Qualcomm Snapdragon 625 chipset paired with 4GB RAM and 32GB internal storage, an Engadget report said late on Sunday. The device, launched here at the "GITEX Technolog...

  • Oman Relaxes Visa Rules To Attract More Indians

    Posted on : Friday 6th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Oman has revised the tourist visa for people from India, China and Russia in order to attract more tourists from these countries. Lubaina Sheerazi, India Representative, Ministry of Tourism, Oman, said, "The outbound segment in India is on a rise with the Indian economy booming and increasingly better standards of living. "We are certain that the recent change in policies will be favourable for the Indian travellers and Sultanate will see a positive growth in this upcoming festive and holiday season." Oman Airp...

  • Aadhaar To Help Catch Money Launderers, Fake Bank Accounts, Says Government

    Posted on : Wednesday 4th of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Linking bank accounts with Aadhaar will help catching money launderers and fake account holders, Law and IT Minister Ravi Shankar Prasad said on Tuesday. "Why we are linking bank account to the Aadhaar. If you do money laundering, you can be caught. If you have fake bank accounts, you will be caught," Mr Prasad said at cyber security conference organised by Observer Research Foundation. He said 60 lakh bank accounts have been linked to Aadhaar. The minister said that the government has saved Rs. 58,000 crore under direct benefit tr...

  • AirAsia Is Raining Discounts: Rs. 1299 On Domestic, Rs. 2,399 On International Routes

    Posted on : Monday 2nd of October 2017
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier AirAsia India has launched a discounted fares scheme, aimed towards travellers planning their year-end holidays. AirAsia is offering customers tickets at starting ticket prices as low as Rs. 1,299 for domestic travel and Rs. 2,399 for international flights. Bookings for this AirAsia India offer opened on October 2 and will remain open till October 15. The AirAsia year-end sale is applicable for travel between October 2 and March 31. The destinations covered under this AirAsia India's special offer include Bengaluru, Ranchi...

  • Deadlines To Link Aadhaar With PAN, Mobile Number, Bank Account.

    Posted on : Tuesday 26th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    Quoting of Aadhaar number - the 12-digit number given on the Aadhaar card - has been made mandatory for many essentials. These range from filing of income tax returns (ITR) to applying for a PAN or permanent account number to using a mobile phone connection. The government is moving ahead with linking Aadhaar with mobile SIM cards, according to a report by news agency Indo-Asian News Service (IANS). All mobile phone numbers or SIMs not linked with Aadhaar will be deactivated after February 2018, the agency said citing informed sources. Many ...

  • Indian IT To Benefit From Fresh Processing Of H-1B Visas

    Posted on : Wednesday 20th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    IT industry body Nasscom on Tuesday said resumption of fast processing of H-1B visas - most sought after by Indian IT professionals - by the US will help Indian technology companies smoothly conduct business even as they continue to focus on reducing their dependence on work visas. Nasscom president R Chandrasekhar said the applications for work visas by Indian IT companies have halved over the last few years as the companies are leveraging new technologies to reduce dependence on visas to send workers to client sites. "This is cert...

  • Digital Payment Bound To Pick Up With New Technology: Arun Jaitley

    Posted on : Monday 18th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    NEW DELHI:  Finance Minister Arun Jaitley today expressed hope that digital payment is going to pick up momentum with more advanced technology coming into the market. A lot of people went in for digitisation in terms of mode of payment more out of compulsion rather than finding it a more convenient method to transact, but that compulsion created a habit for many, he said after the launch of a mobile app for digital payments developed by Google for India. "We reached a peak figure (after the demonetisation), then it marginal...

  • India's Foreign Exchange Reserves Hit $400 Billion For First Time: 5 Points

    Posted on : Saturday 16th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    India's foreign exchange reserves crossed the $400 billion mark for the first time ever, strengthening hopes that the country will be able to withstand an expected reduction in stimulus by US central bank later in the year. The country's forex reserves surged by $2.604 billion to reach an all-time high of $400.726 billion in the week ended September 8, 2017, Reserve Bank of India said in a release on Friday. The surge in India's forex reserves is likely to help rupee withstand any volatility that may be seen on exodus of foreign ...

  • 5 billion Bluetooth devices at risk as ''BlueBorne'' malware spreads

    Posted on : Thursday 14th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    San Francisco: Researchers at Internet of Things (IoT) security firm Armis Labs have found "BlueBorne" -- a new malware that targets devices via Bluetooth and over five billion such devices globally are at risk. "BlueBorne" allows attackers to take control of devices, access corporate data and networks, penetrate secure "air-gapped" networks, and spread malware laterally to adjacent devices, the researchers noted. "Bluetooth attacks such as a recent set of attack vectors `BlueBorne` depend on the av...

  • Lenovo K8 Plus goes on sale in India

    Posted on : Thursday 7th of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    Lenovo K8 Plus – the latest addition in the newly introduced K8 series – went on sale on Flipkart on Thursday. Priced at Rs 10,999, the Lenovo K8 Plus went on sale on the e-commerce site at 12 pm today. The phone comes with a host of launch offers: Moto Pulse 2 headphones at Rs 599, up to Rs 10,000 discount on exchange of old smartphone, up to 30GB additional data from Jio, Rs 100 discount on the Flipkart SmartBuy 5W Bluetooth speaker, extra 15 percent off on fashion and lifestyle products on September 7 and 8. The handse...

  • OnePlus 1000 Days Sale: OnePlus 5, OnePlus 3T Available With Discounts and Offers From September 5

    Posted on : Saturday 2nd of September 2017
    kuwaitindian news,kuwait local news,kuwait news

    To celebrate its 1,000 days of operation in India, OnePlus has announced a three-day sale, where it will list discounts and deals on its smartphone lineup. This includes a price cut on the OnePlus 3T, and cashbacks on both the OnePlus 5 and the OnePlus 3T smartphones. The OnePlus 1,000 Days sale will be held on its online store from Tuesday, September 5 to Thursday, September 7. During the three-day sale, the OnePlus 3T 64GB smartphone will be made available at a discounted rate of Rs. 25,999, giving it a price cut of Rs. 4,000 temporari...

  • LG V30 With 6-Inch FullVision Display, Dual Cameras Launched

    Posted on : Thursday 31st of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    The LG V30 smartphone has been launched at IFA 2017, sporting design cues from the LG G6, but with a larger 6-inch FullVision QHD+ screen and features such as Bang & Olufsen audio, voice recognition, MIL-STD 810G rating for durability, and IP68 dust and water resistance certification. In addition to this, the new LG V30 has a dual rear camera setup featuring f/1.6 aperture, a first for a smartphone industry. Along with this model, the company also also launched the LG V30+ handset with more storage. As for LG V30 release date, the model ...

  • Jio Phone booking starts today; know how to register online

    Posted on : Thursday 24th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The much awaited JioPhone will open for pre-booking on 24 August 2017, 5pm. This device, that was unveiled at the Reliance Industries AGM on 21st July 2017 is available to customers at an effective price of zero, ie, effectively free. Customers are required to pay a fully refundable, one-time, security deposit of Rs 1,500 against every JioPhone to avoid potential misuse. The JioPhone will be distributed on a ‘first come first serve’ basis to only those who pre-book starting 24th August, 2017. Value proposit...

  • Now, You Can Carry Extra Bags In Air India Flights Without Paying More

    Posted on : Tuesday 22nd of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    Air India has announced an attractive offer for passengers who want to carry extra baggage.  It will allow passengers to carry up to 25 kilograms of extra baggage but will not levy any charges for the same. This was said by the national carrier in a post on microblogging site Twitter. “#Carrymaximum with #AI. A whopping 25kg extra baggage allowance at #NoExtraCost only with #AirIndia. #FlyAI," Air India said. The move aims to garner more passengers for the debt-ridden carrier in which the government is looking to divest stake...

  • Xiaomi Redmi Note 5A Launch Today

    Posted on : Monday 21st of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi is set to launch the Redmi Note 5A smartphone in China on Monday, and a fresh confirmation from CEO Lei Jun himself gives us more clarity on what to expect from the smartphone. According to Jun, the Xiaomi Redmi Note 5A is confirmed to have a 16-megapixel front camera with a dedicated flash for selfies, and a three slot tray - two for SIM cards and one for microSD expansion. Ahead of the Xiaomi Redmi Note 5A launch set to begin at 7.30pm China Time (5pm IST), let's take a look at all the leaks and teasers so far, to comprehens...

  • Infosys crisis: Attacks got really personal in last two weeks, says Vishal Sikka

    Posted on : Saturday 19th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    BANGALORE: Tension between Vishal Sikka and N R Narayana Murthy had been brewing from the second half of 2016, but it was in February that it bubbled to the surface+ , and it was about a week ago that the Infosys CEO decided it was time to quit. Speaking to TOI from his office in Palo Alto in US, Sikka said, "It got very intense, malicious and personal in February. It was the same noise, the same drama. I was spending hundreds of hours dealing with nonsensical questions even after it had been established that there was no impropriet...

  • India clears purchase of six Boeing helicopters in $650 million deal

    Posted on : Friday 18th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    India on Thursday cleared the purchase of six more Boeing Co Apache helicopters in a deal worth close to 42 billion rupees ($654.6 million), a defence ministry official said. The order follows India`s purchase of 22 Apache and Chinook helicopters from Boeing in 2015. Thursday`s deal, approved by the government`s Defence Acquisition Council, includes the helicopters and associated equipment, spares, training, weapons and ammunition. The Defence Acquisition Council, chaired by the defence minister, also cleared an order for gas tur...

  • India may become 1st nation using LED for all lights by 2019: Piyush Goyal

    Posted on : Thursday 17th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    Power Minister Piyush Goyal on Wednesday said India will probably be the first country in the world to use LEDs for all lighting needs by 2019, which would help the nation save over Rs 40,000 crore a year. State-run Energy Efficiency Services Ltd (EESL) today inked pacts with oil marketing companies IndianOil, Bharat Petroleum and Hindustan Petroleum for selling its LED bulbs, tubelights and fans at over 54,500 petrol pumps. "This effort will help us ... India will probably be the first country in the world which will be 100 per...

  • Qatar Waives Visa For 80 Countries, Including India, Amid Gulf Crisis

    Posted on : Thursday 10th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    Doha: Qatar announced on Wednesday a programme to allow visa-free entry for citizens of 80 countries to encourage air transport and tourism amid a two-month boycott imposed on the Gulf state by its neighbours. Nationals from dozens of countries in Europe and elsewhere including India, Lebanon, New Zealand, South Africa, and the United States only need present a valid passport to enter the gas-rich country which hosts the soccer World Cup in 2022. Nationals of 33 countries will be allowed to stay for 180 days and the other 47 for up t...

  • AirAsia India Independence Day Offer: Tickets Below Rs. 1,200

    Posted on : Wednesday 9th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    AirAsia India has announced tickets starting below Rs. 1,200 for one-way flights on select routes in a limited-period offer. Aimed at Independence Day on August 15, AirAsia India's promotional scheme - covering destinations including Bengaluru, Goa, Kochi, Kolkata Delhi and Pune - is applicable on travel till February 8, 2018. AirAsia India's offer requires flyers to make advanced bookings, which are open till August 13, 2017, according to the airline's website. AirAsia India, which has recently added new routes to its network, i...

  • PNB customers to pay higher charges for non-credit services

    Posted on : Tuesday 8th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    New DelhI: Come September, PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city. Currently, the customers of Punjab National Bank (PNB) are levied charges only for depositing cash over Rs 25,000 at a non-base branch within the same city. "It has been decided to revise the non-credit related charges (exclusive of GST) with effect from September 1, 2017 for cash deposit above Rs 5,000 at other than base branch within the same city," PNB said in a...

  • Vistara Offers Tickets Starting Rs. 799. Details Here On 'Freedom to Fly' Sale

    Posted on : Monday 7th of August 2017
    kuwaitindian news,kuwait local news,kuwait news

    Vistara on Monday announced a 48 hours only "Freedom to Fly" sale that offers all-inclusive fares starting at just Rs. 799 for economy class and Rs. 2,099 for premium economy. Bookings under the Vistara offer will be open for two days - August 8-9. The Vistara offer is applicable for travel between August 23, 2017 and April 19, 2018. A minimum 15 days advance purchase is required, the airline said. '"Vistara's 'Freedom to Fly' Sale provides an opportunity to travellers to plan their travels in advance at unbeli...

  • Tomatoes Stay Pricey At Rs. 100 Per Kg On Supply Disruptions

    Posted on : Saturday 29th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Tomato prices continue to rule high at around Rs. 100 per kg in major cities with supplies being disrupted due to heavy rains. As per the consumer affairs ministry's data, the average price of tomatoes today was Rs. 90 per kg across major cities while the maximum price was Rs. 100. Price of tomatoes in Delhi is Rs. 92 per kg, while in Mumbai it is Rs. 80, Rs. 57 in Chennai and Rs. 95 in Kolkata, the government data showed. While Mother Dairy is selling the kitchen staple at Rs. 92 per kg through its 300 retail stores i...

  • Facebook CEO Mark Zuckerberg Ranked As World's Fifth Richest Person

    Posted on : Friday 28th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    San Francisco: Following Facebook's second-quarter earnings report that showed the company's stocks hit record high, CEO Mark Zuckerberg has achieved a personal milestone too, becoming the world's fifth richest person. According to a report in Fortune on Thursday, Mr Zuckerberg's net worth hit $72.7 billion on Thursday. This increase of more than $3 billion sent him past Mexico's Carlos Slim to become the world's fifth-richest man. "Zuckerberg's wealth is largely tied up in Facebook stock, meaning it rises an...

  • Vistara Treats Women Differently - No Middle Seats, Help After Plane Lands

    Posted on : Thursday 27th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    In a country where women travelers face myriad dangers, one airline has an idea: chivalry, and no middle seats. With its Woman Flyer service, Vistara has begun offering to help women flying solo with their bags, escort them to and from their ground transportation, and give them preferred window and aisle seats on their flights-no middles. The Delhi-based airline says between 75 and 100 women use the complimentary service each day. It is believed to be the first airline to offer such a service. Sanjiv Kapoor, Vistara's chief strat...

  • Xiaomi all set to unveil Mi 5X today

    Posted on : Wednesday 26th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi is all set to unveil the Mi 5X in China on Wednesday. The phone will be priced approximately at  CNY 1,999 (roughly Rs 19,000) as per media reports. Xiaomi has also released a teaser video of phone, showing it from all possible angles. Reportedly the Mi 5X will run on MIUI 9. Xiaomi had meanwhile, tweeted about the update on  MIUI 9, confirming July 26 schedule. The specs of the phone has already been leaked online. Based on the media reports the following features can be expected from  Xiaomi Mi 5X Dual...

  • Reliance Jio wants to provide free Wi-Fi to 3 crore college students across India

    Posted on : Tuesday 25th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mukesh Ambani owned Reliance Jio has taken the telecom sector by surprise by announcing the launch of a 4G-enabled feature phone priced at "effective" zero that bundles life-long free voice calls with dirt cheap data in a bid to woo 50 crore low-income users. It has been learnt that Jio now wants to provide free Wi-Fi to three crore college students across the country. As per a report in the Hindustan Times, Jio has submitted a proposal in this regard to the human resource development (HRD) ministry. Reliance Jio had la...

  • Jio Phone, Free With Rs. 1,500 Deposit, Unlimited 4G Data, Launched by Mukesh Ambani

    Posted on : Friday 21st of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    At the Reliance AGM on Friday, Chairman Mukesh Ambani announced JioPhone was introduced as "India ka Smartphone", for an "effective price of Rs. 0" - but you have to pay a "fully refundable" Rs. 1,500 deposit, refunded after three years. Although Reliance Jio launched in India in September, the company's offering has been restricted to smartphone users as it is a 4G only network, and to make calls, a phone has to support the VoLTE technology, which is usually not found on basic phones. The company aims t...

  • Reserve Bank To Issue New Rs. 20 Notes Soon

    Posted on : Thursday 20th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: The Reserve Bank will shortly issue bank notes of denomination Rs. 20 in Mahatma Gandhi series 2005 that will be similar in design to those currently in circulation. The new notes will be bearing inset letter 'S' in the number panel and signature of Governor Urjit R Patel, the RBI said in a notification today. Both the number panels will have inset letter 'S', the RBI said, adding that the design of these banknotes to be issued now is similar in all aspects to the Rs. 20 banknotes in the same series issued ear...

  • Panasonic unveils 'P55 Max' with massive 5,000mAh battery

    Posted on : Tuesday 18th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    Panasonic India on Monday launched `P55 Max` smartphone that features a massive 5,000mAh battery and 13MP camera with Quad LED flash for excellent low-light photography for Rs 8,499. `P55Max` has 5MP front camera and  available on Flipkart from July 17. "The long lasting 5,000mAh battery ensures the seamless functioning without interruptions. We believe, P55 Max will be the quintessential solution-provider for individuals in the value-based smartphone segment," Pankaj Rana, Business Head-Mobility Division, Panasonic In...

  • Suresh Prabhu Launches India's First Solar Powered Train, Says 24 More To Come

    Posted on : Saturday 15th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Railway Minister Suresh Prabhakar Prabhu on Friday said more solar-powered coaches will be inducted in the railway's fleet. "Indian Railways is committed for environment conservation and use of cleaner fuels," Prabhu said at an event here. "Indian Railways is trying to increase use of non-conventional sources of energy. More solar-powered trains may be inducted in future." The minister spoke at an event to launch the first 1,600 HP DEMU train with solar-powered coaches. According to the Rail...

  • Sensex Hits 32,000 For First Time Amid Hopes Of RBI Rate Cut

    Posted on : Thursday 13th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    Indian shares extended their record-breaking rally on Thursday after strong macroeconomic data opened opportunity for the Reserve Bank of India to cut the benchmark interest rate in its next policy meeting. The Sensex surged over 200 points to trade above the 32,000 mark for the first time while the National Stock Exchange (NSE) benchmark Nifty added over 65 points to 9,881, a day after government data showed that inflation for the month of June fell to a record low of 1.54 per cent. This is the lowest level of inflation since the series...

  • E-way bill system in GST to come from October

    Posted on : Monday 10th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The GST provision, requiring any good more than Rs 50,000 in value to be pre-registered online before it can be moved, is likely to kick in from October after a centralised software platform is ready, a top official said. The provision, called the e-way bill, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready. The information technology platform for the e-way bill system is being developed by the National Informatics Cen...

  • IndiGo Sells Rs. 777 Tickets, Delhi-Mumbai Below Rs. 2,000

    Posted on : Friday 7th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    IndiGo has dropped fares as part of a promotional offer on select flights and is selling all-inclusive tickets from Rs. 777. IndiGo's offer closes today and is applicable for travel between 21 July 2017 and 20 September 2017. IndiGo on its website said this offer is valid only on select non-stop flights from Ahmedabad, Amritsar, Bagdogra, Bengaluru, Bhubaneswar, Chandigarh, Delhi, Goa, Guwahati, Hyderabad, Jammu, Kochi, Kolkata, Lucknow, Mumbai, Port Blair, Pune and Srinagar. IndiGo also said the offer is available on all booking channel...

  • 224 GB Data At Rs. 509 In Reliance Jio's Latest Offer

    Posted on : Thursday 6th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    In good news for new customers who could not avail the benefit of Reliance Jio's "Summer Surprise" or "Dhan Dhana Dhan" offers, the telecom company owned by billionaire Mukesh Ambani is giving 224 GBs of 4G speed data along with unlimited voice calls on a recharge of Rs. 509. According to a Jio customer care executive, the latest offer is applicable for those who buy a new JioFi device, Reliance Jio's wifi router, for Rs. 1,999. Even if you don't have a 4G-enabled phone, you can use the JioFi device to enjoy h...

  • RBI To Issue Rs. 200 Notes In Coming Months: Report

    Posted on : Wednesday 5th of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The Reserve Bank is expected to introduce Rs. 200 notes in the coming months to ease pressure on lower-denomination currencies that are in short supply. The new notes of Rs. 200 should be out before the end of 2017 and will greatly help in narrowing the demand and supply gap in smaller-denomination currency bills, sources said. They also said that there is no immediate plan to re-introduce Rs. 1,000 notes.  Last year in November, the government had demonetised the old 500 and 1,000 rupee notes. Soon, a notific...

  • Now, Link Aadhaar With PAN Manually Through A Single Page Form

    Posted on : Monday 3rd of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The Income Tax Department has introduced a one-page form for taxpayers to manually apply for linking their Aadhaar with Permanent Account Number (PAN), apart from the available online and SMS facilities. An individual will have to mention both PAN and Aadhaar numbers, the spelling of the names mentioned on them and give a signed declaration that the Aadhaar number provided in the application form has "not been provided" by them for the purpose of linking it with "any other PAN". They will also have to u...

  • Lesser talktime, higher phone bills under GST regime

    Posted on : Saturday 1st of July 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Mobile phone bills are expected to go up while recharges would yeild less talktime for prepaid customers from Saturday onwards under the new GST tax regime. Under the Goods and Services Tax (GST), telecom services would be taxed at 18 percent compared to 15 percent currently. This means that a user would get a talktime of about Rs 80 on a recharge of Rs 100, compared to about Rs 83 earlier. Similarly, costs for postpaid users would also go up to the extent of three percentage points. So, for a monthly usage of Rs 1,000...

  • Stage set for India's historic tax overhaul; FM urges opposition to not skip midnight GST launch today

    Posted on : Friday 30th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Stage is set for the launch of a nationwide goods and services tax at midnight Friday amid protests from opposition parties who see hardships to small businesses in pushing through the biggest economic reform without preparations. Finance Minister Arun Jaitley has asked opposition parties such as Congress and the Left to reconsider their decision to skip the midnight GST launch saying they were all consulted on the indirect tax reform and cannot run away from it. Prime Minister Narendra Modi will at midnight unveil the new...

  • Aadhaar-PAN Linking Must From July 1, Government Notifies Rules

    Posted on : Thursday 29th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1. Amending income tax rules and notifying the same, the government has made quoting of the 12-digit biometric Aadhaar or the enrolment ID a must at the time of application of permanent account number (PAN). Finance Minister Arun Jaitley through an amendment to tax proposals in the Finance Bill for 2017-18 had made Aadhaar mandatory for filing income tax returns and provided for linking of PAN with Aadhaar to c...

  • Air India Unit To Operate Six New Flights From July

    Posted on : Tuesday 27th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Alliance Air, a subsidiary of national carrier Air India, on Monday said it will commence six new flights from next month. According to the company, the new flights will be operated from July 5 on ATR 72 aircraft. The new flight services include operations on the Jaipur-Lucknow and Bhopal-Lucknow sectors. Minister of State for Civil Aviation Jayant Sinha had earlier this month said Air India and other domestic airlines were "running in profit". He also said the government was deliberating on the issue of ownership of...

  • SBI Chief's Salary Zilch Compared To Counterparts In Private Banks

    Posted on : Monday 26th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: SBI, one of the world's 50 largest banks, pays only a small fraction to its top management as compared to private sector players like ICICI Bank and HDFC Bank. Former RBI governor Raghuram Rajan had flagged the low remuneration issue last August saying it makes difficult for state-owned banks to "attract top talent, especially a lateral entry". According to annual reports of various banks, SBI chairman Arundhati Bhattacharya took home Rs. 28.96 lakh last fiscal, which is pittance when compared to remuneration...

  • AirAsia Sells Tickets Below Rs. 1,500 In Limited-Period Offer.

    Posted on : Monday 19th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    AirAsia India is offering all-inclusive tickets starting at Rs. 1,499 on select one-way flights under a limited-period promotional scheme. AirAsia's this scheme requires flyers to make advanced bookings. Bookings under the offer - applicable on travel till September 30 this year - can be made till June 25, said AirAsia India, a joint venture between Tata Sons and Malaysian airline group AirAsia. "Fare includes airport taxes (except for selected airports where airport tax is collected at the point of departure)," AirAsia India s...

  • IndiGo Rs. 899 Offer Ends Today

    Posted on : Wednesday 14th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Today is the last day for booking tickets under IndiGo's 899 promotional offer. Ahead of the lean travel season, IndiGo had earlier announced a new promotional offer called 'All Time Low', under which India's biggest carrier is offering fares starting Rs. 899. IndiGo's Rs. 899 promotional offer is applicable for travel between July 1, 2017 and September 30, 2017. IndiGo did not disclose the number of seats available under this 'All Time Low' offer. This offer is subject to availability and is applicable on all our...

  • Vistara Offers Rs. 849 Tickets In Five-Day Sale

    Posted on : Tuesday 13th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Vistara is offering all-inclusive economy class fares starting at Rs. 849 in a limited-period promotional scheme aimed at the monsoon season. Applicable on travel between June 28 and September 20, Vistara's "Great Monsoon Sale" - open for five days - also offers tickets from Rs. 2,099 for premium economy seats, the airline said on its website. Vistara, a joint venture between Tata Sons and Singapore Airlines, said bookings under the Great Monsoon Sale are open from June 13 to the midnight of June 17, 2017. Vistara's special...

  • Jio Effect: Idea Offers 70 GB Data For 70 Days At Rs. 396

    Posted on : Monday 12th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Amid a highly competitive telecom market in India, Idea Cellular is offering 70 GB of data to select prepaid customers at Rs. 396. Idea Cellular, which announced a merger with the Indian unit of British telecom company Vodafone earlier this year, has come up with varying calling and data offers at a recharge of Rs. 396 for its prepaid subscribers. Against a Delhi-based Idea number for example, the telecom company was offering unlimited Idea-to-Idea calls and 70 GB of 3G data valid for 70 days in a limited-period scheme. Explaining various be...

  • OnePlus 5 to be unveiled on June 22 in India; launch invite to cost Rs 999

    Posted on : Saturday 10th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    The most anticipated OnePlus 5, the flagship smartphone by the Chinese manufacturer OnePlus, is confirmed to be launched on June 22nd at an event in Mumbai. The launch event will be hosted by the global leadership team of OnePlus, along with the OnePlus founder and CEO Pete Lau in attendance. However, you will have to buy the launch Invite Box, which comes packed with a T-shirt combo (limited size and color options) for Rs 999. The Invite Box also entitles you to a Welcome Pack worth nearly Rs 10,000 free of charge What&rsquo...

  • Jet Airways Extends Rs. 1,111 Offer By 2 Days

    Posted on : Friday 9th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier Jet Airways has extended its monsoon sale by two days. The 'It's Raining Deals!' offer of the airline will now end on June 11. Jet Airways in a tweet said, "Our offer just got extended until Jun 11. All-incl. fares on select flights within India from Rs. 1,111." Under the special promotional scheme, Jet Airways is offering discounted all-inclusive fares starting Rs. 1,111 on select domestic routes. The fares are applicable on one-way routes for economy class travel. The travel period under the Jet Airways...

  • From June 16, Petrol, Diesel Prices Will Change Daily

    Posted on : Thursday 8th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Public sector oil marketing companies will revise petrol and diesel prices across the country on a daily basis, Indian Oil said on Thursday. Currently, fuel prices are revised on a daily basis across the country, except five cities. The oil marketing companies had earlier implemented daily revision of petrol and diesel prices on a pilot basis in Udaipur, Jamshedpur, Puducherry, Chandigarh and Vishakhapatnam from May 1, 2017. In a statement, Indian Oil said: "After its successful implementation, public Sector oil marketing companies have...

  • Reliance Jio helped India reach 15th spot in 4G availability globally

    Posted on : Wednesday 7th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Thanks to the Jio launch that attracted 100 million subscribers in its first six months, India has reached 15th spot in the 4G availability globally, a survey by London-based wireless coverage mapping company OpenSignal revealed on Wednesday. According to OpenSignal`s "State of LTE" report, India had 71.6 percent 4G availability in the third quarter of 2016 which jumped to 81.6 percent in the first quarter of 2017. "India is one of the most dynamic and fast-changing mobile markets. The government and other stakeholders...

  • Motorola Moto Z2 Play coming to India on Thursday

    Posted on : Tuesday 6th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    Motorola is all set to launch it's 'bold' smartphone in India on Thursday. Motorola has indicated the launch of Moto Z2 Play via its micro-blogging site twitter. The Motorola Moto Z2 Play will also be up for pre-order on the same day. The smartphone can be clubbed with Moto MODs. The Moto Z2 Play hosts the following features 5.5-inch AMOLED display Snapdragon 626 processor 4GB RAM 64GB internal memory 12-megapixel rear shooter 8-megapixel front camera Android 7.1 Nougat OS ...

  • AirAsia India Back With 'Big Sale', Tickets Below Rs. 1,100

    Posted on : Monday 5th of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    AirAsia India is offering all-inclusive one-way tickets starting from Rs. 1,099 on select routes in a promotional scheme. AirAsia's "Big Sale" offer requires flyers to make advance bookings, the airline said on its website. AirAsia's Big Sale covers destinations including Bengaluru, Pune, Kochi, Delhi, Jaipur, Kolkata and Goa. Bookings under the AirAsia Big Sale - valid on travel between January 15 and August 28 next year - can be made till June 11 this year, the carrier noted. "Fares are not available during embargo p...

  • Railways to provide 'book now pay later' option

    Posted on : Friday 2nd of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Railways have decided to provide the `buy tickets now and pay later` service for any Express trains, an IRCTC official said on Thursday. According to the Indian Railway Catering and Tourism Corporation (IRCTC) Ltd official, soon passengers would be able to buy tickets from the IRCTC website and pay later. IRCTC spokesperson Sandip Dutta told IANS: "IRCTC has collaborated with a Mumbai-based firm ePayLater for adding the new service option." "Through this service a passenger can book a ticket five days pr...

  • Uber Head Of Finance Gautam Gupta Quits

    Posted on : Thursday 1st of June 2017
    kuwaitindian news,kuwait local news,kuwait news

    San Francisco: Uber confirmed Wednesday that the company's head of finance is leaving, just after the on-demand ride service trimmed its quarterly loss to $708 million on rising revenue. Gautam Gupta will depart Uber in July to become chief operating officer at a younger startup in San Francisco, according to the company. "Over the last four years, (Gupta) has been indispensable in helping build Uber from an idea into the business it is today," founder and chief executive Travis Kalanick said in a statement.  &...

  • Zomato hacked, 17 million user data stolen

    Posted on : Thursday 18th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    The ongoing series of hacking seems to have taken a virulent form. The latest victim of hacking is online restaurant guide and food ordering app Zomato. Zomato in a latest blog post has said that it has suffered a security breach in which  17 million user records have been compromised. In the blog, Zomato wrote, “a recent discovery by our security team - about 17 million user records from our database were stolen. The stolen information has user email addresses and hashed passwords.” “The hashed password ca...

  • Paytm To Start Payments Bank Operations From May 23

    Posted on : Wednesday 17th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: After months of delay, Paytm is now all set to commence its payments bank operations from May 23, having received the final approval from the Reserve Bank of India (RBI). "...Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23, 2017," it said in a public notice. The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to a resi...

  • Vistara Announces 'Mid-Summer' Sale. Fares Below Rs. 1,000

    Posted on : Tuesday 16th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    Full service carrier Vistara has announced 'Mid-summer' sale offering tickets as low as Rs. 999 on select domestic routes. The Rs. 999 Vistara sale is valid on Jammu-Srinagar and Guwahati-Bagdogra routes, the airline said in a release. Booking under the Vistara sale starts today and is open till May 20 for a travel period between June 12, 2017 and February 20 next year, it added. Delhi-Chandigarh (Rs. 1,499), Delhi-Lucknow (Rs. 1,549) and Delhi-Amritsar (Rs. 1,699) are a few other routes that can be availed under the Vistara offer. H...

  • Cyber attack hits 200,000 in at least 150 countries: Europol

    Posted on : Monday 15th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    London: Friday`s cyber attack hit 200,000 victims in at least 150 countries, the head of the European Union`s police agency said on Sunday, adding he feared that number would grow when people return to work on Monday. Europol Director Rob Wainwright told ITV`s Peston on Sunday programme that what was unique about the attack was that the ransomware was used in combination with "a worm functionality" so the infection spread automatically. "The global reach is unprecedented. The latest count is over 200,000 victims in at ...

  • GoAir Sells Tickets Starting Rs. 599 Under New Offer

    Posted on : Saturday 13th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier GoAir has announced its 'Monsoon' fares starting as low as Rs. 599. The airline currently flies to 23 destinations. Tickets under the GoAir offer can be booked till May 15 for a travel period starting July 1 to September 30. These low fares from GoAir are non-refundable in case of cancellation. The GoAir offer is valid across selective fare types and limited seats are allocated under it. Group discount is not applicable and it cannot be clubbed with any other promotional offer. Last month, GoAir said that it will opera...

  • Micromax Canvas 2: Key features, price and more

    Posted on : Friday 12th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    Micromax has launched its dual SIM 4G VoLTE smartphone Canvas 2 for Rs 11,999 to foray in the device segment priced between Rs 10,000-15,000 a unit. Telecom major Bharti Airtel will offer free unlimited data service for one year to buyers of Micromax Canvas 2 smartphone. Here are the key features of the Micromax Canvas 2 2.5D Cover Glass with Corning Gorilla Glass 5 Android Nougat OS MediaTek quad core chipset 3,050 mAh battery 3GB RAM 16GB internal storage 64 GB expandable memory. 13MP rear camera ...

  • Reliance Jio to offer 100 GB free data, 100 Mbps speed for 90 days at JioFibre launch

    Posted on : Wednesday 10th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Seems like Mukesh Ambani owned Reliance Jio is once again geared to shake up the internet data space –this time with broadband services though. Jio has been expanding its fibre-to-the-home (FTTH) business offering with beta trials initiated in five locations –Delhi, Mumbai, Jamnagar, Pune and Chennai. "It would expand the scope of the beta trials over the next few months," a Jio statement had said last month. As Reliance Jio is gearing up to launch its much-awaited Fibre-to-the-home (FTTH) broadba...

  • SpiceJet, IndiGo Offer Discounted Fares Starting Rs. 849

    Posted on : Tuesday 9th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    Low-cost carrier SpiceJet is offering all-inclusive discounted fares starting Rs. 849 on select domestic routes. A search for the month of July on the SpiceJet's website showed the Rs. 849 offer is valid on the Jammu-Srinagar route. IndiGo has also announced fares starting Rs. 899 in a fresh round of promotional scheme. Bookings under the SpiceJet offer can be done till May 11, while for IndiGo the scheme ends on May 10. Other routes under the SpiceJet offer include Delhi-Jaipur (Rs. 1,084), Bengaluru-Kochi (Rs. 1,384) and Mumbai-Goa (Rs...

  • Cognizant Offers Voluntary Separation Option To Senior Executives

    Posted on : Thursday 4th of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    Global IT major Cognizant, which has a big operation in India, is offering a voluntary separation incentive to some of its top-level executives. Cognizant, which had around 2.6 lakh employees as of December 31, 2016, did not disclose the number of employees who have been offered this voluntary separation option. A Cognizant spokesperson said it represents a very small percentage of its total workforce. "This voluntary initiative is being communicated to management-level associates-from director-level to senior vice president-and eligibi...

  • Big bonanza for home buyers: Real Estate Act comes into force today, just 13 states notify rules so far

    Posted on : Monday 1st of May 2017
    kuwaitindian news,kuwait local news,kuwait news

    The much-awaited Real Estate Act comes into force from Monday (May 01) with a promise of protecting the right of consumers and ushering in transparency but only 13 states and UTs have so far notified rules. The government has described the implementation of the consumer-centric Act as the beginning of an era where the consumer in king.  Real estate players have also welcomed the implementation of the Act, saying it will bring a paradigm change in the way the Indian real estate sector functions. The government has brought in ...

  • H-1B Visa Changes Could Benefit Indian IT Professionals, Says Expert

    Posted on : Friday 28th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Washington: US President Donald Trump's proposed changes to the H-1B visa programme may end up benefiting Indian IT professionals in terms of higher wages, the founder of a leading asset management company has said. The new rules for the visas could raise labour costs for both technology companies and businesses using outsourcing services in the US, said Ignatius Chithelen, founder and managing partner of Banyan Tree Capital Management in an op-ed at the Wharton website. "These extra costs are estimated to be about $2.6 bill...

  • Vivo V5s launching in India today; likely to house 20-MP front camera

    Posted on : Thursday 27th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Vivo is all set to launch the successor to V5 – V5s smartphone in India on Thursday. The company is slated to launch the phone at an event in Gurugram at 12.45 pm. Vivo India in a series of tweets has emphasised that the smartphone's USP would be its selfie capacity. As per media reports the Vivo V5s will house a 20-megapixel front camera with LED flash. Other features will include a 5-inch HD display, MediaTek MT6750 SoC, 4GB of RAM. The price of the phone is also expected to be at sub Rs 20,000. ...

  • HDFC Bank Trims 6,000 Jobs In Three Months With Digitalisation

    Posted on : Saturday 22nd of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: For the second quarter in a row, there was a massive drop in HDFC Bank's headcount that came down by over 6,000 to 84,325 owing to increased digitalisation in the March quarter and it expects the trend to continue. The second largest private lender's senior management hinted this trend of falling staff strength may continue as greater efficiencies set in. "This is really a function of...what is happening on the digital side. We do believe that with increased digitisation, certain lines of transaction like counters et...

  • Air India Lowers Minimum Age To Avail 50% Senior Citizen Discount

    Posted on : Friday 21st of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: In a major bonanza, the Air India has revised the minimum age limit for senior citizens to avail discounted tickets from existing 63 to 60 years, official sources said. The revised age limit has been implemented with immediate effect for all domestic sectors, just as the summer holiday season rush has begun. As per the revised rules, any senior citizen who is an Indian national, permanently resident in India and has attained the age of 60 on the date of commencement of journey, shall be entitled to a 50 per cent discounted ti...

  • SBI Charges Fee For Cheque Payments Against Credit Card Dues

    Posted on : Wednesday 19th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    SBI Card is levying a charge on payments made by cheques. This came into effect from April 1, according to SBI Card's website. The card company said payments made below Rs. 2,000 through cheques will attract a fee of Rs. 100. "A fee of Rs.100 will be charged for payments made by cheque for an amount less than or equal to Rs.2000 w.e.f. 1st April '17. No additional fee will be charged for cheque payments greater than Rs. 2000," SBI Card said on its website. "We have seen that the majority of payments (over 90 per ce...

  • 7th Pay Commission: Committee on HRA, other allowances to submit its final report this week

    Posted on : Tuesday 18th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: A high-level committee headed by finance secretary Ashok Lavasa is likely to submit its final report on HRA and other allowances to Finance Minister Arun Jaitley this week. The final recommendations on allowances will benefit over 47 lakh central government employees and 53 lakh pensioners. The committee, which was asked to examine the 7th Pay Commission recommendation for abolition of 53 allowances out of a total of 196 and subsuming another 36 into larger existing ones had held a conclusive meeting on April 6. The co...

  • At SBI, You Don't Need To Maintain Minimum Balance In These Accounts

    Posted on : Saturday 15th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    State Bank of India or SBI has said it is exempting its customers holding certain account types from maintenance of average monthly balance. Such accounts include small savings bank accounts, basic savings bank accounts and Jan Dhan accounts, or the accounts opened under the government's financial inclusion scheme Pradhan Mantri Jan-Dhan Yojana or PMJDY. This was said in a tweet by SBI, which recently adopted a new brand identity after merger with five associate banks and Bharatiya Mahila Bank. SBI had earlier decided to increase the min...

  • 7th Pay Commission: Allowance Report Likely To Take Some More Time

    Posted on : Thursday 13th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    The allowance committee examining 7th Pay Commission recommendations is likely to take some more time to submit its report to the government, said a top employee union official. The allowance committee is expected to take 4-5 days more, he added. Hopes were rising that the allowance committee on 7th Pay Commission may submit its report to the government this week. The allowance committee had held a meeting in this regard on April 6, which some termed as "conclusive". At a previous meeting held on March 28, the allowance committee o...

  • Petrol Pumps Threaten Sundays Off, 9-To-6 On Other Days

    Posted on : Tuesday 11th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Petrol pump owners across the country have threatened to shut down filling stations on Sundays unless their demands for higher margins are met. They have also said that filling stations will operate from 9 am to 6 pm to cut costs, unless the government intervenes. Ravi Shinde, general secretary of Consortium of Indian Petroleum Dealers, told NDTV Profit that pump owners have decided to observe Sunday offs from May 14 while from May 15, dealers will operate from 9 am to 6 pm. Consortium of Indian Petroleum Dealers, an all-India organisation, ...

  • Jet Airways Announces Summer Sale, Offers Tickets At Rs. 1,294

    Posted on : Saturday 8th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Jet Airways is offering special 'summer breaks' all-inclusive fares starting as low as Rs. 1,294 on one-way routes under economy class travel. Under the offer, tickets must be purchased 20 days before the prior departure. The Jet Airways fresh sale, which is valid only on domestic routes, also comes with a chance to get 'premiere' class upgrade. "Your summer vacation starts right here! Get cool fares and a chance to win a complimentary upgrade to Premiere," Jet Airways said in a tweet. The bookings under the Jet...

  • AirAsia Mega Sale: Three Days Left To Avail Big Discounts

    Posted on : Friday 7th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    AirAsia India is offering all-inclusive fares starting from Rs. 1,249 for domestic travel while its Malaysian parent AirAsia is selling tickets from Rs. 1,999 for international travel as part of the "Mega Sale" scheme, which is open till April 9, 2017. Some of the domestic routes covered by AirAsia India include Guwahati-Imphal (all-inclusive fare from Rs. 1,249), Bengaluru-Hyderabad (Rs. 1,619), Kolkata-Ranchi (Rs. 2,249), Bengaluru-Goa (Rs. 1,719) and New Delhi-Ranchi (Rs. 2,699), as per the AirAsia website. The AirAsia India sal...

  • iPhone 8 predicted to start at $850 to $900 in US

    Posted on : Thursday 6th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    San Francisco: Apple`s pricing strategy for its iPhones to be released in 2017 is predicted to be lower than previous versions and the rumoured high-end iPhone 8 with an OLED display is expected to cost upwards of $1,000, but a base 64GB model could start at $850 to $900 in the US. "This price point would be similar to Samsung`s new Galaxy S8+, which starts at $840 to $850," macrumors.com quoted Steven Milunovich, Analyst, financial services firm UBS, as saying. iPhone 7s and iPhone 7s Plus will start at around $649 and $74...

  • Confirmed! Xiaomi Mi 6 launching this month; may host a 30 MP primary camera

    Posted on : Wednesday 5th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Some more good news are coming for Xiaomi fans. As per media reports the Chinese handset maker is all set to launch the Xiaomi Mi 6 this month. The news was confirmed by company's CEO Lei Jun during a live stream conversation with Xiaomi fans. Though he has not mentioned the specific date of the phone's launch however, there are a couple of dates which could be considered. Previous media reports say that the phone could be launched on either of the three dates –April 11 or April 18 or April 16. A couple o...

  • Xiaomi Flash sale: Know how to get Redmi Note 4 at Re 1

    Posted on : Tuesday 4th of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    Chinese smartphone maker Xiaomi is all set to host Mi Fan Festival on Thursday, offering a host of Xiaomi products on sale. The company is also hosting a Re 1 flash sale wherein you can get the Redmi Note 4,  Mi Band 2 and 10000 mAh Mi Power Bank. However this sale is only for those using the app. Here is how you can avail the flash sale.     User needs to download Mi Store APP to participate in Re 1 flash sale     Re 1 flash sale of Redmi Note 4 (2+32) will start at 10:00 AM, 6th April ...

  • State Bank Of India (SBI) Offers VRS To Rationalise Headcount

    Posted on : Monday 3rd of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    State Bank of India, the nation's top lender by assets, expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save costs and gain scale, senior executives said. The bank will relocate some 1,800 branches to better utilise resources, go slow on opening new branches and shuffle staff in a bid to save costs, said its Chairman Arundhati Bhattacharya and other senior executives at a news conference on Monday. The more than 200-year-old bank has also begun a voluntary...

  • AirAsia Offers 20% Off In 72-Hour Sale

    Posted on : Saturday 1st of April 2017
    kuwaitindian news,kuwait local news,kuwait news

    As competition in the Indian aviation market takes wings, AirAsia is offering a 20 per cent off on base fares on its mobile app under a promotional scheme. Bookings under AirAsia's "72 hour rock bottom sale" can be made till April 2, 2017, the airline said on its website. AirAsia's this scheme is applicable on travel between April 5 and August 24, 2017, the airline - which competes with the likes of Air India, IndiGo, Jet Airways and SpiceJet - further said. The limited-period offer available only on AirAsia Mobile App,...

  • Gionee A1 smartphone pre-booking starts today

    Posted on : Friday 31st of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Chinese smartphone maker Gionee that recently launched the much anticipated A1 smartphone in India will start pre-booking on Friday. The company has not disclosed the price of the smartphone. Gionee A1 pre-booking will start on Amazon. The Gionee A1 with 16 MP front camera having 5P lens and f2.0 aperture was first showcased at the Mobile World Congress in Barcelona last month. The 5.5-inch full-HD AMOLED display carrying A1 is powered by MTK Helio P10 processor coupled with 4GB of RAM and houses 4,010mAh battery. ...

  • Samsung Galaxy S8 launched: Here are the key features

    Posted on : Thursday 30th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: South Korean giant Samsung on Wednesday launched its flagship device, Galaxy S8, that has a voice assistant. Samsung will release these devices in India in the coming months. Here are the key features: 1) The device comes in two variants with different screen sizes -- the 5.8-inch Galaxy S8 and 6.2-inch Galaxy S8 Plus - and will be available from April 21. Registrations begin from March 30. 2) The device might be priced from $720 (approximately Rs 47,000). 3) Samsung also revealed Bixby, a smart voice assistant to ...

  • Apple iOS 10.3 update now available

    Posted on : Tuesday 28th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New York: Apple has officially released iOS 10.3 update that has major updates regarding its newly launched AirPods, WiFi calling and SiriKit. Apple released seven betas of iOS 10.3 to developers and the public before rolling out the final version. The first beta was released back on January 26, Forbes magazine reported on Monday. Since Apple`s new Bluetooth earbuds, AirPods, are small they can be easy to lose. The update lets a user find the misplaced AirPods using the "Find My iPhone" app. Using the "Find My iPho...

  • Alert! iPhone 8 likely to be launched in limited quantities

    Posted on : Saturday 25th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Three new iPhone models are rumoured to be launched this year. As per reports, the likely models can be iPhone 7s, iPhone 7s Plus, and iPhone 8. The media reports also claim that iPhone 8 may be launched in limited quantities in September. The quantity may increase at the end of fourth quarter. The Barclays note in possession by MacRumors says, "Suppliers generally had good things to say about the upcoming iPhone 8 launch (for our purposes iPhone 7s, iPhone 7s Plus, and iPhone Pro) as new features drive a more complic...

  • Apple acquires iOS automation tool ''Workflow''

    Posted on : Friday 24th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    San Francisco: US tech giant Apple has acquireed `Workflow,` a popular iOS tool that allows users combine the functionalities of various apps together to automate normally complex processes, media reported on Friday. `Workflow` enables users to drag and drop any combination of actions to create powerful workflows for iPhone, iPad, and Apple Watch. "We are thrilled to be joining Apple. "We`ve worked closely with Apple from the very beginning, from kickstarting our company as students attending WWDC to developing and launchin...

  • Xiaomi Redmi 4A at Rs 5,999 goes on sale today

    Posted on : Thursday 23rd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The Xiaomi Redmi 4A is all set to go on sale on Thursday. Xiaomi Redmi 4A, successor to the Redmi 3 is the lightest Redmi phone ever weighing just 131.5 grams. The Redmi4 A will go on sale on Amazon at 12 pm. Xiaomi India managing director Manu Kumar Jain had tweeted. Here are the specs of the Xiaomi Redmi 4A 5-inch IPS LCD screen HD resolution (720p) Qualcomm Snapdragon 425 64-bit processor 2GB RAM 16GB internal storage with microSD card for expanded memory 13MP  rear camera 5MP front ...

  • Lava Launches Two Z Series Smartphones

    Posted on : Thursday 23rd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Marking its entry into the mid-segment smartphone category, domestic mobile manufacturing company Lava on Wednesday launched Z25 and Z10 smartphones at Rs. 18,000 and Rs. 11,500, respectively. Lava Z25 sports 5.5-inch 2.5D-curved HD IPS display. The dual-sim device is powered by an Octacore processor, supported by 4GB and 32GB on-board memory with 3020 mAh (ATL) battery. The phone runs on Android Marshmallow 6.0 operating system. The device sports 13MP rear camera and an 8MP selfie camera.  "Lava Z25 and Z10 ...

  • Samsung Pay officially launched in India – Know how it works

    Posted on : Wednesday 22nd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: South Korean tech giant Samsung on Wednesday launched its mobile payment wallet in India. Samsung Pay has so far been available for select users in India who signed up for its early access program. Payments through Samsung Pay can be accepted at all places where a physical card will work. To bring Samsung Pay in India, Samsung has partnered with American Express and is mulling over exploring opportunities with giants such as Visa and MasterCard as well. The debit and credit cards of Axis Bank, HDFC Bank, ICICI Bank...

  • AirAsia India Summer Sale: Tickets Start From Rs. 1,399

    Posted on : Tuesday 21st of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    AirAsia India is offering all-inclusive tickets starting from Rs. 1,399 under a promotional scheme. Aimed at summer holidays, this AirAsia India offer covers destinations such as Bengaluru, Hyderabad, Goa, Guwahati, Delhi, Kochi and Pune. "Summer holidays are here so are our low fares," the airline - which competes with the likes of Air India, IndiGo, Jet Airways and SpiceJet in the Indian market - said on its website. The AirAsia India offer requires advance bookings and tickets can be purchased till March 26, 2017. AirAsia India&...

  • IT Major Cognizant Likely To Lay Off 6,000 Employees

    Posted on : Monday 20th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    IT major Cognizant, which has significant operations in India, is likely to cut at least 6,000 jobs, according to people familiar with the matter. This represents over 2 per cent per cent of its total workforce. Nasdaq-listed Cognizant approximately had 2.6 lakh employees as of December 31, 2016. The layoffs are part of the routine annual reviews to weed out non-performers, a company spokesperson told NDTV. Cognizant has also cut variable pay for employees. "As part of our workforce management strategy, we conduct regular performance re...

  • New Zealand Looking For Techies: Free Flight, Free Stay For Job Interview

    Posted on : Saturday 18th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    A free trip to New Zealand from anywhere in the world. Free accommodation and some sightseeing as well. This is what New Zealand's capital city Wellington is offering to 100 tech workers to lure them for a job interview. The city has launched a campaign called LookSee as part of its efforts to boost footprint as a tech hub. It'll be four days (May 8-11, 2017) of pre-arranged job interviews, meet-ups with tech leaders and exploration, with all flights and accommodation paid for. Wellington Mayor Justin Lester says, "Our tech ...

  • iPhone 7 Best-Selling Smartphone In European Countries: Report

    Posted on : Friday 17th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Madrid: iPhone 7 was a top seller in EU5 with iOS holding a 22.7 per cent share -- a climb of 2.4 percentage points. Android was second and accounted for 74.3 per cent of smartphone sales, with a marginal increase from 72.9 per cent in the three months ending January, a new report said. EU5 stands for European Union Five, in which France, Germany, Italy, Spain and Britain are members. According to Spain-based consumer research firm Kantar Worldpanel, iOS achieved continued growth across most regions, except for Japan, Spain and U...

  • Moto G5 Plus all set to be launched in India today

    Posted on : Wednesday 15th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi:Lenovo owned Motorola's Moto G5 Plus is coming to India on Wednesday. Lenovo had sent invite for its launch event couple of days ago. However, the invite only mentions about the launch of the Moto G5 Plus, while there is no word on the launch of Moto G5.  The much anticipated Moto G5 and Moto G5 Plus were launched at Mobile World Congress 2017 (MWC), the world`s largest mobile industry event being held in Barcelona. Moto G5 has a 2,800 mAh battery offering up to 24 hours of battery life. Moreover, users can...

  • AirAsia Big Sale: Domestic Routes From Rs. 899, International Rs. 2,399

    Posted on : Tuesday 14th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier AirAsia India has announced discounted fares starting as low as Rs. 899 as part of its 'Big Sale' promotional scheme.  The tickets under this AirAsia India offer - for travel between September 1, 2017 and June 5, 2018 - can be booked till March 19, the carrier said on its website. The Rs. 899 fare, for example, is applicable on AirAsia India's Bengaluru-Hyderabad route. The promotional fares are applicable on domestic destinations such as Bengaluru, Kochi, Goa, Jaipur, Chandigarh, Pune, New Delhi, Guwahati, Im...

  • BSNL to install 28,000 mobile sites, start 4G in FY18

    Posted on : Monday 13th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: State-run BSNL will install around 28,000 new mobile base stations across the country to replace all 2G sites with 3G and roll out 4G services at select locations by end 2017-18. "Under phase-8 expansion, we are replacing all 2G base stations and old equipment with modern base stations which can provide 3G and 4G services. At select locations, we are planning to start 4G services. We expect to complete phase-8 by FY18," BSNL Chairman and MD Anupam Shrivastava told PTI. The company plans to use part of its 3G spec...

  • Apple iPhone 8 could be called ‘iPhone Edition’: Report

    Posted on : Saturday 11th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    The next-generation iPhone is yet to arrive, but that hasn’t stopped the rumour mill from speculating about it. A new report from Japanese Apple blog Macotakara sheds light on this year’s iPhone. The latest claims are that the 10th anniversary edition will be called the “iPhone Edition” instead of the iPhone 8. The latest report states that Apple is currently testing several prototype models its flagship iPhone, which is expected to announce in September. Apparently, some models are without the home button and the...

  • Holi Sale: Vistara Offering Tickets From Rs. 999

    Posted on : Friday 10th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Vistara on Friday announced a Holi sale, offering tickets as low as Rs. 999 inclusive of taxes and fees. Bookings for Vistara's Holi offer are open from March 10, 2017 to the midnight of March 15, 2017 for travel between March 30, 2017 and October 1, 2017. However, 21 days advance purchase is required to avail this offer, Vistara said. "Travellers can take this opportunity to plan their holidays early and visit some of India's favourite holiday destinations, such as Goa, Port Blair, Leh (Ladakh), Jammu, Srinagar, Kochi, Guwahati...

  • Salman Khan to launch own smartphone brand; to counter Xiaomi, Oppo

    Posted on : Thursday 9th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    From Being Human to being Smart – bollywood megastar Salman Khan can be found every where! As per a report in the Economic Times, Salman Khan, who owns the Being Human clothing brand, has registered 'Being Smart' trademark for his smartphone venture. The "Being Smart" smartphone, which reportedly will come under Rs 20,000 price band is set to take on the likes of Xiaomi, Vivo and Oppo. Khan has also “building an operational management team to be headed by a professional with leadership stints at Sams...

  • Qatar Air Plans To Establish Indian Carrier With 100 Planes

    Posted on : Thursday 9th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Qatar Airways Ltd. plans to set up a short-haul airline in India with a fleet of 100 narrow-body planes, renewing a push to gain a bigger share of one of the world's fastest-growing travel markets. The Gulf carrier will make an application to the Indian authorities "soon," Chief Executive Officer Akbar Al Baker said Wednesday at the ITB Berlin travel fair, adding that he intends to proceed "step by step." Qatar Investment Authority, the sovereign wealth fund that backs Qatar Air, would be the most suitable veh...

  • Moto G5 Plus coming to India on March 15; likely to be Flipkart

    Posted on : Wednesday 8th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi:Lenovo owned Motorola's Moto G5 Plus is coming to India on March 15. Lenovo has already  started sending invite for its launch event. The invite only mentions about the launch of the Moto G5 Plus, while there is no word on the launch of Moto G5. Now, as per media reports the new Moto G5 Plus will be available exclusively on Flipkart. The e-commerce major is already teasing the product on its website. The much anticipated Moto G5 and Moto G5 Plus were launched at Mobile World Congress 2017 (MWC), the world`s lar...

  • Airtel's Holi bonanza: Postpaid users may get 1GB daily at Rs 150

    Posted on : Wednesday 8th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: After Reliance Jio's entry into the telecom space with thunderous data plan, all telecom users have joined the bandwagon. Airtel, which had recently announced 1GB data plan at Rs 345 for its pre-paid users, is coming up with something very similar for the post-paid users, media reports said. Reportedly, Airtel will launch Holi bonanza for all its postpaid users under which a new data booster pack will be given. The tariff will be priced at Rs 150 which will offer 1GB of data every day valid for 28 days. The dat...

  • Samsung's Galaxy C5 Pro brings Galaxy C7 Pro specs in 5.2-inch body

    Posted on : Wednesday 8th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Samsung has silently launched the Galaxy C5 Pro in China at a price of CNY 2,499 or roughly Rs 24,128. The Galaxy C5 Pro is simply a smaller and compact version of the Galaxy C7 Pro that Samsung recently launched (again) in China. The phone shares almost all the hardware specs of its older sibling and differs only in screen size and battery capacity. The Galaxy C5 Pro boasts of a full-metal body and a front-mounted fingerprint scanner. It comes with a 5.2-inch 1080p Super AMOLED display and an octa-core Qualcomm Snapdragon 625 processor ...

  • Harvard dropout Zuckerberg to give commencement address

    Posted on : Wednesday 8th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Facebook founder and CEO Mark Zuckerberg, one of Harvard University’s most famous dropouts, will return to his one-time alma mater this summer to deliver the commencement address at the convocation ceremony. Zuckerberg, 32 will be the featured speaker at Harvard’s 366th Commencement on May 25, the University announced yesterday. This is an honour that brings distinguished political leaders, business chiefs and artists to address graduating students. A young Zuckerberg, now among the world’s most powerful and influen...

  • NASA plans to create ‘coolest spot in universe’

    Posted on : Tuesday 7th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    NASA is planning to send an ice chest-sized box to the International Space Station (ISS), where it will freeze gas atoms to create the coolest spot in the universe, an advance that may provide new insights into gravity and dark matter. Inside that box, lasers, a vacuum chamber and an electromagnetic “knife” will be used to cancel out the energy of gas particles, slowing them until they’re almost motionless. The suite of instruments, developed by NASA’s Jet Propulsion Laboratory in the US, is called the Cold At...

  • Holi Sale: AirAsia India Offers All-Inclusive Tickets Starting Rs. 1,499

    Posted on : Tuesday 7th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    Ahead of the Holi festival next week, AirAsia India has announced a promotional offer, selling tickets starting Rs. 1,499. Bookings for this AirAsia India offer are open till March 12, 2017, the airline - which is a joint venture between Tata Sons and Malysian carrier AirAsia - said on its website. AirAsia India's special fares scheme is applicable on travel till June 30, 2017, said the airline, which competes with the likes of Air India, IndiGo, Jet Airways and SpiceJet in the domestic market. Under the special all-inclusive tickets...

  • SBI Revises ATM Charges, To Levy Cash Transaction Fee

    Posted on : Monday 6th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: After a gap of five years, State Bank of India has decided to reintroduce penalty on non-maintenance of minimum balance in accounts from April 1, and revised charges on other services, including ATMs. The country's largest bank will permit savings bank account holders to deposit cash three times a month free of charges and levy Rs. 50 plus service tax on every transaction beyond that. In case of current account, the levy could go as high as Rs. 20,000. As per the list of revised charges of SBI, failure to maintain ...

  • Facebook may soon broadcast original shows

    Posted on : Saturday 4th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    After the success of its Facebook Live feature, Facebook is looking for original TV-like programmes from various genres and may pay hefty amount for it, a media report said. According to a report in the Wall Street Journal on Friday, Facebook was interested in original content from a slew of different genres, from sports to science. Other categories include pop culture, lifestyle, gaming and teens. Facebook may go for weekly series and shows that last around 30 minutes. The social networking giant was willing to pay for the c...

  • Sony Walkman NW-A30 Review: For those who love quality music

    Posted on : Saturday 4th of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    There was once a time when Sony was considered the king of audio products. It was “cool” to be seen with a Sony Walkman, their ostentatious music systems that loudly proclaimed 2000 watts of output were a staple in almost every household. Then the iPod happened. Apple’s portable music player single-handedly killed not just every other portable audio product in the market, but also started a digital revolution, where people moved away from cassettes and CDs in favour of mp3 files. Now we listen to music through our phone...

  • AirAsia India Plans To Begin Overseas Flights From Next Year

    Posted on : Friday 3rd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Budget passenger carrier AirAsia India on Thursday said that it plans to operate international flights from next year. According to the airline's Chief Executive Officer Amar Abrol, the company has constituted a special project team which has been mandated to get its operations ready for international flights either from summer 2018 or autumn next year. Besides, the budget passenger carrier plans to increase its fleet size to 14 aircraft from the current eight by the end of 2017. In addition, the airline is expecte...

  • Nokia's decision to stick with stock Android is a stroke of genius

    Posted on : Thursday 2nd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    The buzz surrounding Nokia's keynote at this year's Mobile World Conference was unprecedented. The company's comeback has been the talk of the tech community for weeks and Nokia finally laid the tons of rumours to rest by announcing the global variant of the Nokia 6, Nokia 5, Nokia 3 and a re-incarnation of the legendary Nokia 3310 . While the Nokia 3, Nokia 5 and Nokia 6 might not come with internals that will blow you away or even some radical bezel-less design, they come with one feature that sets them apart from nearly al...

  • Ruchi Soya Expands Partnership With Patanjali Ayurved

    Posted on : Thursday 2nd of March 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Ruchi Soya Industries on Thursday said it has expanded its partnership with Patanjali Ayurved by including processing and packaging of edible oil at its plants in Madhya Pradesh and Gujarat. "The refining and packaging tie up has now been extended to include processing and packaging of edible oil at Ruchi Soya plant's in Madhya Pradesh and Gujarat, along with Rajasthan which was signed in February," the company said in a BSE filing. Under the agreement, Ruchi Soya will process and pack the edible oil provided...

  • Paytm E-Commerce Launches Online Marketplace App - Paytm Mall

    Posted on : Tuesday 28th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Paytm E-commerce  announced the launch of its new Paytm Mall application on Android. Paytm Mall aims to offer a combination of the Mall and Bazaar concepts to Indian consumers. "Only trusted sellers passing strict quality guidelines and qualification criteria will be allowed on the 'Mall'," Paytm said in a statement here. All products listed on the mall will also go through Paytm certified warehouse and shipping channels ensuring guaranteed consumer trust, it said. "We have defined quality ...

  • Samsung Electronics Sets March 29 For Galaxy S8 Launch

    Posted on : Monday 27th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    BARCELONA:  Samsung Electronics said on Sunday it would launch its next key device in the aftermath of a burning-battery scandal, the Galaxy S8, on March 29. At the end of a product presentation at Mobile World Congress in Barcelona, the company showed a short video clip announcing the date for its traditional "Unpacked Event". In past years, the trade fair was the scene of major Samsung launches. This year, Samsung postponed the presentation of its next major handset. The company withdrew the Galaxy Note 7 last Oc...

  • Airport Authority Turns Down Navy's Request To Cut Down Summer Flights To Goa

    Posted on : Saturday 25th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    Panaji: Airport Authority of India (AAI) has turned down the request of the Indian Navy to reduce frequency of flights at the Goa International Airport during the summer schedule which comes into force from April. "There was a request from the Indian Navy to cut down the number of flights during the summer schedule. But we have not agreed," Goa Airport Airport Director BCH Negi said today. The Goa airport, located in Dabolim, is managed by Indian Navy, which is part of its INS Hansa base near Vasco.  Indian Navy ha...

  • Reliance Jio Launches Prime Offer; Unlimited Benefits For 12 More Months

    Posted on : Tuesday 21st of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    Reliance Industries chairman and managing director Mukesh Ambani on Tuesday said Reliance Jio, the telecom operations of the energy major. has crossed the 100 million customer base mark in 170 days. Jio launched its services in September last year and as on December 31, it had amassed over 7 crore subscribers. Jio had earlier extended its free voice and data services till March-end. Jio's aggressive entry has intensified competition in the telecom sector, hurting the margins of other players in the industry. Airtel's profit has slump...

  • Enjoy Jio 4G on your 2G/3G phone at only Rs 1,999 only

    Posted on : Monday 20th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    You may think that Reliance Jio only works with 4G smartphones. What you may not have known that Jio service can work on any 2G/3G smartphone using the JioFi 2 wireless router. Here is how you go about making phone calls using the JioFi 2 personal router: Download Jio4GVoice app on your 2G/3G smartphones to make HD voice calls from Google Play Store. Connect to the JioFi 2 router on WiFi. Once installed, you will have to open the app, and close and open again and then tap on the button below the Jio Join logo. The process...

  • Facebook launches app for watching its videos on TV

    Posted on : Thursday 16th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    In order to help the its users to watch videos on a bigger screen, Facebook Inc is launching an app for smart Tvs. The app will roll out soon from app stores for Apple TV, Samsung Smart TV and Amazon Fire TV, the company said in a blogpost on Tuesday. (http://bit.ly/2ldGXoD) The blogpost also said users can scroll through their news feed and simultaneously watch videos on their timeline. Sound also fades in and out as one scrolls through videos in news feed now. Videos in news feed have previously played silently — one need...

  • Intex Launches New Smartphone At Rs. 5,499

    Posted on : Wednesday 15th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Domestic handset maker Intex Technologies on Tuesday launched a new smartphone "Aqua Lions 4G" as part of its Lions Series 2.0 at Rs. 5,499. The 4G-Volte smartphone offers a 5-inch FWVGA display, powered with a 1.3GHz quad-core processor and 1 GB RAM. The device has in-built 8GB ROM with an expandable memory of up to 64GB. The device also sports 5MP auto focus (AF) rear camera with LED Flash and 2MP front camera.  "Aqua Lions 4G will reinforce the brand association and enhance our connect with the y...

  • Top 3 popular budget smartphone gifts for Valentine’s Day

    Posted on : Tuesday 14th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Smartphones are the best gifting options, and what else to offer to your loved one than what keeps him or her connected with you. So, check out these popular budget smartphones you could chose from: Lenovo Z2 Plus : The Lenovo Z2 Plus sports a fibre glass frame with a 2.5D curved glass that gives it a refreshing look. The frame also gives it a sturdy feel. It has a 5-inch display, making it the smallest handset among the flagship Android smartphones. The 1920x1080 resolution produces natural-looking colours on screen. ...

  • HTC 10 evo launched in India at Rs 48,990

    Posted on : Friday 10th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Taiwan-based HTC Corporation on Thursday launched a new water, splash- and dust-resistant smartphone "HTC 10 evo" in India at Rs 48,990. The smartphone features 5.5-inch display covered by scratch-resistant "Corning Gorilla Glass 5" and comes with "HTC BoomSound Adaptive" audio. "Inspired by light, this big screen entertainer will keep you engaged throughout along with the next generation audio technology and professional level control to give you the best of photos and selfies at all tim...

  • Panasonic launches new 4K camera at Rs 94,990

    Posted on : Thursday 9th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    Bengaluru: Targeting sports, nature and wildlife photography, Panasonic India on Thursday launched a new 4K camera "LUMIX FZ2500" at Rs 94,990. The camera sports a 20x optical zoom and comes with variable frame rate, slow and quick motion effect, dolly zoom along with various functions required for professional video recording and can capture moments in 30fps. "Lumix FZ2500 is targeted towards the professional users as well as those amateurs who need access to 4K video feature and inspire DSLR like quality in their pic...

  • IndiGo announces new flights from Kozhikode to Sharjah and Muscat

    Posted on : Wednesday 8th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Budget carrier IndiGo said Monday it will launch services to Sharjah from Kozhikode and Thiruvananthapuram, besides introducing a flight to Muscat from Kozhikode by March and April. With this launch, the number of daily flights offered by IndiGo will reach 857, connecting 43 destinations with a fleet of 126 Airbus aircraft, a release said. The new schedule sees introduction of daily non-stop flights between Sharjah-Kozhikode, Muscat-Kozhikode both from March 20 and a Sharjah-Thiruvananthapuram service from April 8. The...

  • India's mobile gaming market to cross $400 million by 2022: Report

    Posted on : Monday 6th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: India's mobile gaming market is poised to top USD 400 million by 2022, driven by growing adoption of freemium and virtual reality games in the coming years, a report has said. Freemium is a business model where basic services are provided free of charge but one has to pay for using the more advanced features. According to the CII-TechSci Research report, revenues from mobile-based gaming stood at USD 265.8 million last year and is forecast to touch USD 286.2 million in 2017. The number of mobile gamers in the count...

  • RBI May Remove Weekly Withdrawal Limit From Savings Bank Accounts

    Posted on : Saturday 4th of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    The Reserve Bank of India or RBI is likely to remove the restrictions on cash withdrawals from savings accounts soon. "Remonetisation exercise is nearly complete," Economic Affairs Secretary Shaktikanta Das told PTI. Currently only an amount of Rs. 24,000 can be withdrawn from savings accounts. Last week the RBI had removed withdrawal limits from current accounts and ATMs or automated teller machines.The RBI had initially set a cash withdrawal limit of Rs. 50,000 from current accounts which was later increased to Rs.100,000 a day. ...

  • Delay In Filing Income Tax Return To Attract Penalty Up To Rs. 10,000

    Posted on : Friday 3rd of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Taxpayers who do not file their Income Tax Returns (ITRs) on time will have to shell out a penalty of upto Rs. 10,000, but from the 2018-19 Assessment Year (AY). "In order to ensure that return is filed within due date, it is proposed to insert a new section 234F in the Act (I-T Act) to provide that a fee for delay in furnishing of return shall be levied for assessment year 2018-19 and onwards in a case where the return is not filed within the due dates specified for filing of return under sub-section (1) of section 139,&...

  • Demonetisation 'great move' for India in longer term: Apple CEO

    Posted on : Wednesday 1st of February 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Supporting note ban move taken by the central government, Apple CEO Tim Cook said that demonetisation is a 'great move' for India in the longer term. Cook, in first quarter fiscal year 2017 earnings release conference call, said despite the demonetisation exercise, US-based iPhone maker performed well in the Indian market. "Despite the demonetisation move in India that created lots of economic pressure there last quarter, despite that, we had all-time record revenue results, and so we were very happy about tha...

  • Limits on ATM withdrawals to go from Wednesday

    Posted on : Tuesday 31st of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The RBI on Monday ended all curbs on withdrawals from current accounts, cash credit accounts and overdraft accounts with immediate effect. A Reserve Bank of India notification said limits on ATM withdrawals will also go from Wednesday. But the curbs on Savings Bank accounts across the counter will remain. "On a review of the pace of demonetization, it has been decided to partially restore status quo ante," the RBI said. "Limits placed vide the circulars cited above on cash withdrawals from Current accoun...

  • Arun Jaitley May Hike Service Tax To 16-18% In Budget

    Posted on : Sunday 29th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Finance Minister Arun Jaitley may hike service tax rate to 16-18 per cent from the current 15 per cent in the Budget, due on Wednesday, as a precursor to the Goods and Services Tax (GST) rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would be an attempt to take the rates closer to the proposed tax slabs for GST. GST, which will subsume central and state levies like excise duty, service tax and VAT, is scheduled to be rolled out from July 1. The tax slabs decide...

  • Markets to remain closed today for Republic Day

    Posted on : Thursday 26th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: All wholesale commodity markets in the national capital, including bullion and metals, will remain closed on Thursday on account of Republic Day. BSE, NSE, forex and commodity futures markets will also be shut. Market came good for the third day in a row yesterday as the Sensex leaped 333 points to end at nearly a 3-month high of 27,708 following extensive gains on the back of strong earnings amid positive global cues. The NSE Nifty went past the 8,600-mark for the first time since November 1. After a positive star...

  • Bill Gates will be world’s first trillionaire soon

    Posted on : Wednesday 25th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Houston: Microsoft founder Bill Gates will be world’s first trillionaire in the next 25 years, according to a new research. According to research firm Oxfam International, the world would get its first billionaire in the next 25 years, when Bill Gates becomes around 86 years old. A report by Oxfam International said that considering that Bill Gates’ fortune is growing at 11 percent per year since 2009, he could become the world’s first trillionaire soon. When Gates left Microsoft in 2006, his net worth was USD 5...

  • Now, BSNL offers 30 minutes of free local, STD voice calls everyday

    Posted on : Tuesday 24th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: As competition hits up among telecom service providers, state-owned Bharat Sanchar Nigam Limited (BSNL) on Monday said it was offering 30 minutes of free local and STD calls on a daily basis. The pre-paid offer will be available to new subscribers of the Rs 149 plan where the free voice call can be made to any network, both local and STD. According to the BSNL statement, customers will also have an option to get similar free unlimited calls for three months by paying lumpsum amount of Rs 439. In addition, customers wil...

  • For Finance Minister Jaitley, This Budget Is A Tough, Tough Task

    Posted on : Monday 23rd of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Prime Minister Narendra Modi's decision in November to scrap high-value bank notes has made next month's annual budget a challenge for Finance Minister Arun Jaitley, who is under pressure to offer tax giveaways and step up capital and welfare spending to help the economy spring back from demonetization. However, the economic disruption caused by the notes ban makes it a tough job to forecast next year's revenue. While indirect tax receipts grew by an annual 14.2 per cent in December, there was a marked slump in consumer spending ...

  • Trump's 'Buy American-Hire American' Pledge Unnerves Indian IT

    Posted on : Sunday 22nd of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: New US President Donald Trump's 'Buy American-hire American' rallying cry has put the $150-billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled workers. India hopes to have a meaningful engagement with the US, Electronics and IT Minister Ravi Shankar Prasad has said. Given that US market accounts for 60 per cent of India's IT exports, the industry and the government here will spare no efforts in thei...

  • New legislation to tighten H1B visas to foreign techies; may hurt Indian IT firms

    Posted on : Friday 20th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Washington: Two powerful US Senators have announced they will introduce a legislation which, if passed by the Congress, would give preference to foreigners studying in American universities, a move that will tighten the noose around the H-1B visa programme and could hurt Indian IT firms. The bill - to be introduced by Senator Chuck Grassley and Dick Durban - will require US Citizenship and Immigration Services to prioritise for the first time annual allocation of H-1B visas. It will ensure the "best and brightest" students bein...

  • AirAsia India Offers Tickets From Rs 407 Under '2017 Early Bird Sale'

    Posted on : Tuesday 17th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier AirAsia India has come out with a promotional scheme called "2017 Early Bird Sale", offering tickets from Rs 407. AirAsia's promotional offer ends on January 22 and is applicable for travel from May 1, 2017, to February 6, 2018. Under the AirAsia offer, the Rs 407 fare, the lowest under the scheme, is for Imphal to Guwahati route. Goa-Hyderabad from Rs 877, Hyderabad-Bengaluru Rs 938, Jaipur-Pune Rs 2,516, Pune- Bengaluru Rs 821 and Bengaluru-Hyderabad Rs 663 are some of the other routes covered under thi...

  • Just 3 free ATM withdrawals a month may be a biting reality soon

    Posted on : Monday 16th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: With government's focus on making India a cashless economy, government is likely to introduce a couple of measures in the budget 2017-18, and one of them is expected to be reduction in free ATM withdrawals slashing the limit to just 3 withdrawals unlike 5 allowed currently. As per The Economic Times report, this proposal, floated by bankers, was discussed in the pre-budget consultations with the finance ministry, and the feeling was that this is one of the ways to push digital, said people familiar with the matter. &qu...

  • NRIs, Others Feel Heat Of Demonetisation; Wait In RBI Queues

    Posted on : Friday 13th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: After residents, NRIs and People of India Origin (PIO) are now braving long queues to exchange the old Rs 500/1000 notes at 5 designated RBI branches across the country but because of stringent conditions several of them have had to return disappointed. Tempers ran high outside the central bank branches as people coming from long distances were denied entry by guards on the grounds that they were not carrying the requisite documents. Many NRIs complained that they are not allowed to speak to officials who could at least li...

  • Idea Launches Extra Data, Unlimited Calling Plan For Customers

    Posted on : Thursday 12th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: A week after rival Airtel increasing 4G data limit in some plans, Idea Cellular today announced increase in data usage limit across select unlimited calling plans while offering 3GB additional mobile broadband for customers who upgrade to new 4G handsets. "While all Idea customers will now get free data bundled in the plans, customers with 4G handsets will get even more data benefits on the new plans," Idea said in a statement. Under the offer, existing Prepaid 4G handset customers will get 1GB free data on Rs 348 re...

  • Vistara Announces Three-Day Celebration Sale, Tickets From 899

    Posted on : Wednesday 11th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Full-service carrier Vistara on Tuesday announced a 3-day 'Celebration Sale' offering one-way all-inclusive tickets starting Rs 899 after completing two years of operations. The 899 offer is for Jammu-Srinagar route. Limited seats are available under the Vistara offer and it is valid on direct flights only. The booking period under the new Vistara offer began today and is valid till January 12 for a travel period between January 25 to October 01. Customers will get Croma vouchers worth Rs 500 while booking tickets on Vistara&...

  • Bank Of Baroda Beats SBI In Offering Cheapest Home Loan

    Posted on : Tuesday 10th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Traditionally, State Bank of India (SBI), India's biggest lender, has offered home loans at cheapest rates. But it has now been upstaged by rival Bank of Baroda, which has lowered it home loan rate to as low as 8.35 percent. State-run Bank of Baroda (BoB) has reduced its home loan rates by 70 basis points to 8.35 per cent, which will be applicable for customers having a strong Cibil score, which is a measure of creditworthiness of the borrower. At 8.35 per cent, Bank of Baroda's home loan rate is lower than industry leader St...

  • Petrol pumps to continue to accept card payments till January 13

    Posted on : Monday 9th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Petrol pumps have deferred their decision to not accept cards payments from Monday as banks have postponed their decision to charge fuel retailers a transaction fee till January 13. The All India Petroleum Dealers Association (AIPDA) said that some of the banks like HDFC informed the association that they will be charging 1% on all credit card transactions and 0.25% to 1% on all debit card transactions from January 9. Notably, banks so far, have not reversed the decision, but only deferred charging the fee known as the mer...

  • IRCTC To Launch New App For Faster Booking Of Tickets

    Posted on : Sunday 8th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Indian Railway Catering and Tourism Corporation (IRCTC) Limited will soon launch a new ticketing app which will have several features added on the existing one for faster booking of tickets. Equipped with latest technology, existing IRCTC Connect will now become IRCTC Rail Connect to facilitate booking of train tickets in a faster and easier way, a senior Railway Ministry official said. IRCTC, which handles online train ticket bookings, will formally unveil the IRCTC Rail Connect app next week to cater to the growing deman...

  • Huawei Mate 9 with 5.9 inch screen launching today

    Posted on : Friday 6th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New York: Chinese smartphone maker Huawei has now officially confirmed that the Mate 9 hit the stores in the United States starting Friday. Huawei made this announcement during the ongoing CES event in Las Vegas. What's fascinating for the prospective Huawei Mate 9 is that the phone will get Amazon's Alexa which lets users perform tasks on the go via their mobile device. On Alexa you can ask it to set an alarm, build to-do lists, get the weather and traffic reports. Some media reports say that the Huawei Mate 9 will b...

  • Lenovo Launches New Range Of Laptops, Tablet At CES 2017

    Posted on : Thursday 5th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Las Vegas: With an aim to deliver tailor-made devices to customers to meet their needs and fit their usage habits, Chinese tech giant Lenovo on Thursday announced a new range of laptop and tablet products at the 2017 Consumer Electronics Show (CES 2017) here. Lenovo showcased its premium work and play experience device ThinkPad X1, Miix 720 detachable, new gaming sub-brand Lenovo Legion and two laptops under the new sub-brand -- Lenovo Legion Y720 and Lenovo Legion Y520 Laptop at the event. "Our approach to innovation is to ensu...

  • Get Rs 5 Discount On Online Payment Of LPG Cylinder

    Posted on : Wednesday 4th of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: After petrol and diesel, consumers will now get a discount of Rs 5 per cylinder for payments made online against cooking gas or LPG cylinders. State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will offer "an upfront discount of Rs 5 on every LPG refill to all LPG customers who will book and pay for it online", an official statement said here. To provide cashless transactions, the government had asked oil companies to pay consumers a 0...

  • Government To Present 2017-18 Budget On February 1: Report

    Posted on : Tuesday 3rd of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The government will present on February 1 its Budget for the 2017-18 financial year starting on April 1, a senior government official said on Tuesday. The first part of the Budget session of parliament will start on January 31 when the government is expected to present the Economic Survey, which sets the scene for Finance Minister Arun Jaitley's fourth annual Budget, the official who did not wish to be named, said. The cabinet decided last September to merge the Railway Budget with the Annual Budget, ending a nearly ce...

  • BSNL's New Offer: Unlimited Local, STD Calls, 300 MB Data For Just Rs 144

    Posted on : Tuesday 3rd of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    Amid telecom operators announcing new schemes to lure more customers, state-run Bharat Sanchar Nigam Ltd or BSNL has launched a new plan at Rs 144, under which it is offering unlimited free calls to its customers. The Rs 144 plan will offer unlimited local and STD calls to any network for a period of one month and it would come with 300 MB data, BSNL chairman and managing director Anupam Srivastava said. The telecom operator's is offering the free calls scheme to both its prepaid and postpaid customers, its chief said.  ...

  • Patanjali Biggest Disruptive Force In FMCG Space: Report

    Posted on : Monday 2nd of January 2017
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Patanjali Ayurved, the FMCG venture promoted by yoga guru Ramdev, was the biggest disruptive force in India's fast moving consumer goods (FMCG) market, according to a report. "Patanjali Ayurved has turned out to be the most disruptive force in the Indian FMCG market...it witnessed a whopping annual growth of 146 per cent in fiscal year 2016 grossing a turnover of $769 million, whereas its peers including ITC, Dabur, Hindustan Unilever, Colgate-Palmolive and Procter & Gamble struggled to get a growth much less than...

  • Microsoft to launch new version of Surface Pro 5 tablet in first quarter of 2017: Report

    Posted on : Saturday 31st of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: The latest version of Microsoft's Surface Pro tablet is set to arrive in the first quarter of 2017, as per media reports. The new Surface Pro 5 2-in-1 will sport an ultra-HD display and magnetic charging stylus, with Pegatron Technology that will manufacture the device, DigiTimes reported on Friday citing a Chinese-language Economic Daily News report. Earlier this year, Microsoft launched Surface Pro 4, a slim and light Windows 10-based tablet-cum-laptop with pixel sense technology. Surface Pro 4 is designed to run ...

  • BSNL To Lease 15,000 Point of Sale Machines To Push Digital Bill Payment

    Posted on : Friday 30th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Sate-run BSNL is planning to take on lease about 15,000 point of sale machines to enable more customers to use digital methods of bill payment, and sees digital transactions accounting for up to 40 per cent of all bill payments by March 2017, nearly double of current levels. "We are in the process of leasing about 15,000 point of sale (PoS) machines to be used by customer service centres so that electronic payment can be encouraged. That is also the direction in which the country is moving, everyone is looking at electron...

  • IndiGo Offers Tickets From Rs 799, Jet Airways Extends Sale

    Posted on : Thursday 29th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    India's biggest airline IndiGo has come out with a new promotional offer, selling tickets from Rs 799. Meanwhile, rival Jet Airways has extended its promotional sale. IndiGo's Rs 799 offer is open for booking till December 31. It is applicable for travel between January 10 and April 15. IndiGo's Rs 799 offer is applicable on Chennai-Coimbatore route for example. Fares for Bengaluru-Goa start from Rs 999 and Delhi-Lucknow Rs 1,149. Among other routes, Mumbai-Hyderabad tickets are on offer from Rs 1,600 and Mumbai-Delhi Rs 2,14...

  • Reliance Jio 'Happy New Year Offer' in trouble; it violates regulations, says TRAI

    Posted on : Wednesday 28th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: While the 63 million customers of Reliance Jio might be having a gala time with the company extending the 'Welcome Offer' to 'Happy New Year Offer' till March 2017, the telecom operator is reportedly in trouble. The Reliance Jio Welcome Offer which was to have ended on December 3 was extended to March 2017 under 'Happy New Year Offer' – which means that customers will enjoy the free services of free data, voice/video calls, messages will March. However, this offer has not gone down well with t...

  • Enforcement Directorate Questions AirAsia India's CFO In Forex Case

    Posted on : Monday 26th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Enforcement Directorate (ED) has questioned AirAsia India's Chief Financial Officer (CFO) here in connection with an alleged forex violation case. ED is probing ousted Tata Group Chairman Cyrus Mistry's allegation that fraudulent transactions of Rs 22 crore, involving non-existent entities in India and Singapore, were carried out in an instance involving the airlines. Officials said the CFO, Ankur Khanna, was questioned by the investigating officer of the case earlier in the week and his statement was recorded under t...

  • Government Eases Rules For Passport Application

    Posted on : Saturday 24th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The government on Friday introduced a host of changes to ease the rules for applying for an Indian passport, including expansion of the basket of documents needed to be submitted for date of birth proof. "Let me assure you that where the passport services and consular services are concerned, we are going out of our way to ensure that simplification takes place so that ease of accessing these services are made better," Minister of State for External Affairs V.K. Singh said while announcing the changes. "There...

  • Google, Railtel successfully roll out high speed Wi-Fi at 100th railway station

    Posted on : Friday 23rd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Google and Railtel have successfully partnered to launch high-speed Wi-Fi service at the 100th station. The latest to add to the list is Udhagamandalam (Ooty). Google and subsidiary of Indian Railways are jointly working on a mission to bring in high-speed Internet to 400 of the busiest railway stations across India. Google will continue working to extend the program, that was launched in January this year, to the remaining 300 stations. Google has also launched Google Station, which gives the partnering entity a set o...

  • GoAir Christmas Sale: Tickets On Offer From Rs 999

    Posted on : Thursday 22nd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier GoAir is offering tickets from an all-inclusive Rs 999 as part of its Christmas sale. Many airlines have come up with year-end promotional schemes to lure customers with discounted offers. The GoAir offer is applicable for travel between January 9, 2017, and April 15, 2017. The GoAir offer is open till December 31. GoAir has not disclosed the number of seats available under the offer, saying that the "seats are subject to availability." GoAir said that it has initiated this offer to customers to kick-start their holi...

  • Wall Street Hits Record Highs, Dollar Rises To 14-Year Peak

    Posted on : Wednesday 21st of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: US equities touched record highs on Tuesday and the dollar rose to its highest level in 14 years as markets shrugged off risk aversion and continued the rally that has elevated Wall Street since Election Day. The Dow Jones industrial average and Nasdaq Composite both closed at record highs, with the blue-chip index just below the 20,000 level. European stocks steadied as reassurance over Italy's plan to spend up to 20 billion euros ($21 billion) to rescue its troubled banks overtook uncertainty over Monday's attacks in ...

  • Indian Railways: 10% discount on vacant berths from today

    Posted on : Tuesday 20th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: From December 20, Railways will provide 10 percent rebate on vacant berths after finalisation of the reservation charts. According to the Railways Ministry, the decision was taken after the reviewing the flexi fare structure, which was launched in Rajdhani/Shatabdi/Duronto trains on September 9, 2016 in which fares could go up to 50 percent higher of the base fare with the increase of the demand. As per the decision, 10 percent rebate shall be applicable on the base fare of last ticket sold for a particular class and train...

  • AirAsia India Sells Tickets From Rs 917 In New Year Sale

    Posted on : Monday 19th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Budget carrier AirAsia India is selling all-inclusive tickets from Rs 917 under its New Year Sale offer. AirAsia India's offer is open till January 1, 2017, and is applicable on travel between March 1, 2017, and October 31, 2017. AirAsia India's Rs 917 fare is applicable on Bengaluru-Kochi, Bengaluru-Goa and Bengaluru-Hyderabad routes. The fares on New Delhi-Goa and New Delhi-Bengaluru routes start from Rs 2,917 and Rs 2,217, for example. AirAsia India currently flies to 11 destinations with its two hubs in Bengaluru and New ...

  • Taxman Sends 3,000 Notices For High Bank Deposits Post Notes Ban

    Posted on : Saturday 17th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The Income Tax Department has issued around 3,000 notices to assessees for unmatched deposits in bank accounts, while it has seized a total of Rs. 393 crore in cash and jewellery over the past five weeks. Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said since the demonetisation announcement on November 8, it has come to its notice that people have been unscrupulously trying to convert their black money holdings in cash into white by depositing in bank accounts. "After the demonetisation, we collected ...

  • Gold Prices Sit Near Ten-And-A-Half-Month Low As Dollar Rallies On Fed

    Posted on : Friday 16th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Gold prices held near their weakest level in ten-and-a-half months on Friday as the US dollar surged to multi-year peaks after the Federal Reserve raised interest rates and projected further rate hikes in 2017. Spot gold was steady at $1,128.70 an ounce by 0101 GMT (6:31 a.m. in India), after touching its weakest level since February 2 at $1,122.35 in the previous session. Gold fell nearly 1.4 per cent on Thursday, its biggest percentage fall in three weeks. The metal was down more than 2.5 per cent for the week, on track for its six...

  • Yahoo suffers world's biggest hack affecting 1 billion users

    Posted on : Thursday 15th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Yahoo has discovered a 3-year-old security breach that enabled a hacker to compromise more than 1 billion user accounts, breaking the company’s own humiliating record for the biggest security breach in history. The digital heist disclosed Wednesday occurred in August 2013, more than a year before a separate hack that Yahoo announced nearly three months ago . That breach affected at least 500 million users, which had been the most far-reaching hack until the latest revelation. “It’s shocking,” security expert A...

  • Good News! Pokemon GO finally available in India

    Posted on : Wednesday 14th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: It's good news for all the Pokemon GO lovers in India. Finally the game is making its debut in the country after making headlines all across the world for around 5 months after its official launch. It's the partnership between Reliance Jio and Niantic that has made it possible. This will give birth to thousands of Reliance Digital Stores and their select partners in the country to become Pokémon Gyms or PokéStops. “We are delighted to partner with Jio to launch Pokémon GO in India.”...

  • Government's Crackdown On Cash Tempers De Beers Diamond Sales

    Posted on : Tuesday 13th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    London: Anglo American said on Tuesday demand at its latest De Beers diamond sale showed a slowdown in response to the government's withdrawal of high-value banknotes, but was still higher than a year ago when commodity trade was slumping. Prime Minister Narendra Modi's decision to scrap 500 rupee and 1,000 rupee banknotes as part of a crackdown on tax dodgers and counterfeiters has dented consumer spending in a country where most people are paid in cash, and buy what they need with cash. Anglo American said rough diamond sal...

  • Note ban: India to import 20,000 tons of currency paper to meet frantic currency demand

    Posted on : Monday 12th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The government is looking at importing 20,000 tons of currency paper from around 9 foreign firms, and meeting the demand for printing new notes following demonetisation of Rs 500 and Rs 1,000 notes on November 8. The currency paper import order will be much more than 8,000 ton imported over the current year so far. As per the Indian Express report, a high-volume limited tender for the same is expected to be issued, possibly as early as next week. In the normal printing cycle, there would have been sufficient banknote paper...

  • Banks Expect Huge Rush For Cash After 3-Day Break

    Posted on : Sunday 11th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Bank customers continued to line up outside branches and ATMs as banks faced the uphill task of meeting the huge demand for cash ahead of three-day break. Banks will remain closed in many places for three days in a row on account of 'Id-e-Milad' on Monday. Bankers are anticipating huge rush for withdrawals when they open for public dealing after the break.  The situation at bank branches has not improved as ATMs are still not dispensing adequate cash despite being recalibrated for new currency notes. B...

  • Samsung To Disable Note 7 Phones In Recall Effort

    Posted on : Saturday 10th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Washington: Samsung announced on Friday it would disable its Galaxy Note 7 smartphones in the US market to force remaining owners to stop using the devices, which were recalled for safety reasons. The South Korean electronics giant, the world's biggest smartphone vendor, said 93 percent of Note 7 phones in the United States had been returned to the company after its recall earlier this year, which came amid reports of devices exploding or catching fire. But to get any remaining devices off the market, Samsung said it would delive...

  • Good news for air travellers! No more hand baggage tags at these Indian airports

    Posted on : Friday 9th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Passengers flying from six major airports in the country will soon travel hassle-free as the mandatory practise of getting a security stamp on their hand baggage is being done away with by the CISF as part of a pilot project to smoothen air travel. The pilot project will be started at airports in Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bengaluru. As per the existing rules all passengers flying to a destination, either within the country or abroad with cabin baggage must carry a tag which is stamped by security perso...

  • Apple rumoured to launch red iPhone next year

    Posted on : Thursday 8th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    The 2017 version of Apple’s iPhone is rumoured to come in red and will retain the same design as the iPhone 7 and iPhone 7 Plus, a media report said. “Alongside its usual 4.7 and 5.5-inch smartphone offerings, the company will also unveil a third model that will be priced at a higher side than iPhone 7 and will sport a 5.1-inch or 5.2-inch OLED display with invisible home button, all-glass housing, wireless charging,” appleinsider.com reported on Wednesday. The company is expected to adhere to “s year” f...

  • Apple Holds Talks With Government On Opening Stores In India

    Posted on : Wednesday 7th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Apple Inc officials today met Commerce Ministry top brass amid its plans to open stores in India without initially having to source components locally. According to sources, the meeting chaired by Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek lasted for almost an hour with senior officials from Apple discussing details of the new Foreign Direct Investment (FDI) rules in single-brand retail and the company's retail expansion plans. Apple officials are believed to have sought clarity on t...

  • Adani Group Stocks In Limelight After Agreement On Australia Project

    Posted on : Tuesday 6th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Adani group shares recorded up to 8 per cent gains on Tuesday after Adani Enterprises said it planned to begin construction work on the Carmichael coal project in Australia's Galilee Basin from the "middle of next year". The group's Australian operations head announced an agreement with the Queensland government to hire local workers. Adani Australia CEO Jeyakumar Janakaraj on Tuesday said Adani Enterprises' $16-billion Carmichael mine in Australia's Queensland state was "back on track". Adani ...

  • Jet Airways Offers Tickets From Rs 899 In Discount Offer

    Posted on : Monday 5th of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Jet Airways is offering tickets from Rs 899 under a promotional sale on select economy class flights on domestic routes. This Jet Airways offer is open for booking till December 8. Jet Airways said that under this offer tickets must be purchased a minimum of 15 days prior to departure. Jet Airways has not disclosed the number of seats put on sale under this offer. The airline said limited seats are available on a first come, first serve basis. A check on Jet Airways website showed that the Rs 899 offer is applicable on Chennai-Coimbatore...

  • Fallen Smartphone Brand Nokia Challenges Apple, Samsung Again

    Posted on : Saturday 3rd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Frankfurt/Helsinki: Nokia smartphones are poised for a comeback after former managers at the Finnish company licensed the handset brand from Microsoft and struck up partnerships with Google and phone manufacturer Foxconn. Nokia was once the world's dominant cellphone maker but missed the shift to smartphones and then chose Microsoft's unpopular Windows operating system for its "Lumia" range. Nokia quit smartphones in 2014 by selling its handset activities to Microsoft to focus on mobile network equipment. Microsoft ...

  • To Manage ATM Cards Through Phones, SBI Launches New Facility

    Posted on : Saturday 3rd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    To provide greater control to its customers over their debit cards, the State Bank of India has introduced a new feature called, 'ATM Card Switch ON / OFF'. The feature enables customers to control their debit card utility as it allows the card owner to activate or deactivate it for various services. The feature is available on its banking application 'SBI QUICK'. For example, a customer, with the help of the SBI app, can turn-off the Point of Sale option to ensure there is no payment made at shopping malls, retail physic...

  • Apple iPhone 6s battery replacement: New tool will let you check if your phone is eligible

    Posted on : Friday 2nd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 6s users can get their battery replaced under a new program that was launched by the company last month. According to Apple, iPhone 6s devices manufactured from September to October 2015 have a battery problem, but it is not a major security issue. Apple had set up page where users could find out more details about the program, and it has now added a tool to check if your phone qualifies. Apple’s new tool will let users enter the serial number of their device and see if their device fits the bill. Earlier 9to5Mac had p...

  • Facebook developing artificial intelligence to flag offensive live videos

    Posted on : Friday 2nd of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook Inc is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning.  The social media company has been embroiled in a number of content moderation controversies this year, from facing international outcry after removing an iconic Vietnam War photo due to nudity, to allowing the spread of fake news on its site. Facebook has historically relied mostly on...

  • Reliance Jio Service To Be Free Till March 31, 2017: Mukesh Ambani

    Posted on : Thursday 1st of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Three months after launching its 4G services, country's richest man, Mukesh Ambani, announced extension of free 4G data and voice calls till March 31, 2017. On September 1, 2016, Reliance Jio had launched a trial run for its 4G services, that offered free services to its customers till December 31, 2016. The scheme received an unprecedented response with over 50 million new subscribers taking up the Reliance Jio sims, making the company, India's  largest internet service provider among the private sector companies. At Pr...

  • Apple plans to add select 2009, 2011 Mac models to obsolete list: Report

    Posted on : Thursday 1st of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple introduced new MacBook Pro series this year with a OLED Touch Bar on top instead of the old function keys. Now it looks like Apple will mark some of the older MacBook and Mac models as obsolete and will be adding them to its ‘vintage and obsolete’ products list by the end of the year. A report on MacRumors says the old MacBook Pro (2011 model), Mac Mini and 2009 MacBook will be added to the list, according to on an internal memo seen by the website. According to MacRumors, these Macs will added to the “obsolete&rd...

  • Oil prices rise as OPEC agrees on output cuts

    Posted on : Thursday 1st of December 2016
    kuwaitindian news,kuwait local news,kuwait news

    The oil prices across the global registered a surge of more than eight per cent as Organization of the Petroleum Exporting Countries (OPEC) on Wednesday agreed to cut 1.2 million barrels a day from its output to 32.5 million barrels, effective January. This was the first such cut by the organisation in last eight years. The decision was taken after tense talks by the OPEC oil cartel. The cuts include Iraq reducing output by 200,000 bpd to 4.351 million bpd beginning in January. Kuwait, Venezuela and Algeria have agreed to monitor complia...

  • Samsung Galaxy S8 to bring auto-focus for front camera: Report

    Posted on : Wednesday 30th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Bleeding from the Galaxy Note 7 disaster, Samsung is going full out with its upcoming Galaxy S8 flagship. The latest rumour says the 2017 flagship will feature a selfie camera with auto-focus. Even while smartphone manufacturers like Sony (with its Xperia XA) and HTC (Desire Eye) have auto-focus in their front camera, Samsung has up until now not added the feature in its devices. The company has instead relied on fixed focus type front cameras, considering they are smaller and cheaper to make. A latest report from a TheAndroidSoul sugges...

  • Four India-Born CEOs On Fortune Businessperson Of The Year List

    Posted on : Wednesday 30th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: Four leading India-born CEOs including Microsoft's Satya Nadella and Mastercard's Ajay Banga who delivered big in taking their companies ahead have featured in Fortune's Businessperson of the Year list topped by Facebook founder Mark Zuckerberg. Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Dir...

  • Nuclear energy: Widening the scope of collaboration

    Posted on : Wednesday 30th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    State-owned Nuclear Power Corporation of India Ltd (NPCIL), which is in advanced stages of launching nuclear ventures in collaboration with three public sector firms, NTPC Ltd, Indian Oil Corporation and Nalco, has expanded the scope of such collaborations to include two other government entities — upstream petroleum major ONGC Ltd and the Indian Railways. This comes at a time when the NDA government has cleared a proposal to designate upcoming atomic power projects with foreign technical cooperation to be set up through joint ventures...

  • Apple MacBook Pro with Touch Bar now on sale in India: Price, specifications

    Posted on : Tuesday 29th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple MacBook Pro is now available in India. Apple’s newest MacBook Pro is the thinnest and lightest one yet. The function key on the keyboard in the new MacBook Pro has been replaced by a new ‘Retina-quality’ multi-touch display known as the Touch Bar. The device starts at Rs 1,29,900 for the 13-inch variant (256GB) without the TouchBar. The one with TouchBar costs Rs 1,55,900 for the 256GB version and Rs 1,72,900 for the 512GB storage option. The 15-inch display variant of Apple MacBook Pro is available in India at Rs 2,0...

  • Garmin Virb Ultra 30 waterproof action camera launched at Rs 43,990

    Posted on : Tuesday 29th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Garmin has launched Virb Ultra 30 action camera in India. The waterproof camera is capable of shooting Ultra HD footage at 4k/30fps. The Virb Ultra 30 is portable and lightweight. It features sensors and GPS that allows the camera to automatically gather G-Metrix data to display users activity status. Garmin Virb Ultra 30 packs features such as voice control, LCD colour touchscreen, one-touch live streaming and 3-axis image stabilization. The 12MP action camera on the Virb Ultra 30 shoots Ultra HD Videos at 4K/30fps and slow motion video...

  • Apple working with LG on 3D camera for iPhone 8, claims report

    Posted on : Monday 28th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 8 is likely to feature some radical changes in terms of design and features, and it looks like a 3D camera might be just a possibility. According to a report in The Korea Economic Daily, Apple is working with LG Innotek to develop a smartphone camera module that will enable 3D photography. The report points out LG Innotek’s 3D dual rear camera module could be used in Apple’s new products starting as early as latter half of 2017. The site quoted close sources who said, “Apple is now studying how to apply its...

  • Sensex slides 133 points in early trade; banks lead fall

    Posted on : Monday 28th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The BSE benchmark Sensex fell over 133 points and the Nifty slipped below the 8,100-mark in early trade on Monday as banking stocks led fall on fresh selling amid mixed Asian cues. Other sectoral indices like consumer durables, PSU, FMCG and capital goods were trading in the negative zone, falling up to 1.56 per cent. The 30-share Sensex was trading lower by 133.12 points or 0.50 per cent at 26,183.22 in early trade. The index had soared 456.17 points in the previous session after investors crated fresh long positions in the new December...

  • AirAsia India mulls A320 aircraft option for UDAN

    Posted on : Monday 28th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Keen to expand its domestic presence, AirAsia India is evaluating the proposition of operating regional flights with A320 planes under the government’s UDAN scheme. The ambitious UDAN (Ude Desh Ka Aam Naagrik) scheme aims to connect unserved and under-served airports in the country while participating airlines would get various incentives, including viability gap funding and other financial concessions AirAsia India, which currently has eight A320 planes, expects to have a fleet of 10 aircraft by end of this fiscal. According to a ...

  • Currency withdrawal: RBI sets 100 per cent incremental CRR to manage liquidity

    Posted on : Sunday 27th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Reserve Bank of India has announced an incremental cash reserve ratio (CRR) of 100 per cent for banks for the fortnight beginning Sunday in order to tackle the surge in deposits following demonetisation of Rs 500 and Rs 1000 notes. “On the increase in NDTL (net demand and time liabilities) between September 16 and November 11, scheduled banks shall maintain an incremental CRR of 100 per cent, effective the fortnight beginning November 26, 2016,” the RBI said in a circular. CRR is the portion of deposits to be maintained with ...

  • Samsung Galaxy S8 to feature Snapdragon 835, 6GB RAM and 256GB storage: Report

    Posted on : Saturday 26th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    With 2017 fast approaching, rumours around Samsung’s next big flagship, the Galaxy S8, are increasing. The latest one suggesting that the phone will be coming with 6GB of RAM and 256GB of storage. The report comes from TechTastic, which sourced the information from Chinese source on Weibo. Depending on the region, Galaxy S8 is rumoured to be powered by the recently announced Qualcomm Snapdragon 835 SoC or Samsung’s very own Exynos 9 Series SoC. Galaxy S8 is expected to be the first smartphone to come with Snapdragon 835, whic...

  • Telecom customer base shrinks to 1,053 million in August

    Posted on : Saturday 26th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Telecom subscriber base in the country declined by over half a per cent to 1,053.4 million in August from 1,058.8 million in July, mainly due to Reliance Communications losing its 2G customers on adoption of 4G technology, as per Trai’s monthly subscriber report. “The number of telephone subscribers in India declined from 1,058.85 million at the end of July 2016 to 1,053.40 million at the end of August 2016, showing a monthly decline rate of 0.52 per cent,” the Telecom Regulatory Authority of India said in the repor...

  • Airbnb signs MoU with SEWA to expand its network in rural areas

    Posted on : Saturday 26th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Leading community-driven hospitality company Airbnb has announced signing of a Memorandum of Understanding (MoU) with the Self-Employed Women’s Association of India (SEWA). Through the partnership Airbnb will work with SEWA members to help them share their homes with Airbnb’s community of international and domestic guests, creating economic opportunities for women in rural areas and promoting tourism spend in parts of India that have not traditionally benefited from tourism and hospitality. As part of the partnership, Airbnb ...

  • Huawei announces X Labs platform for research in mobile broadband

    Posted on : Friday 25th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Huawei has announced a new research platform called X Labs, which aims to bring together technology providers, operators, and vertical industry partners to explore the future for ‘mobile applications, drive innovation in business and technology, and promote an open industry ecosystem.’ The announcement was made by Deputy Chairman and Rotating CEO of Huawei, Ken Hu in his keynote speech in front of a gathering of more than 1,500 telecom leaders, analysts and media. X Labs is a research platform that is designed to explore thre...

  • OnePlus 3T India launch date confirmed for December 2

    Posted on : Friday 25th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    OnePlus 3T, the new version of the flagship killer from the Chinese technology start-up, will launch in India on December 2. The company revealed the same in the Facebook video dare featuring its India General Manager Vikas Agarawal. OnePlus 3T was launched this month, and the phone went on sale in US, Europe, UK markets on November 22. OnePlus 3T marks a jump in processor, front camera and battery compared to the earlier flagship. OnePlus had announced a ‘Truth or Dare’ contest on its official Facebook page for revealing the...

  • Vistara Announces Sale On Many Routes, Tickets From Rs 999

    Posted on : Thursday 24th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Vistara on Wednesday announced a "celebration offer", starting all-inclusive tickets from Rs 999 on economy class travel. The Vistara offer is open till November 25 and is applicable for travel period between December 5, 2016 and October 1, 2017. The Rs 999 Vistara offer, for example, is available for Srinagar-Jammu route.  Vistara has not disclosed the number of tickets under the "celebration offer". Delhi-Mumbai (Rs 2,149), Bengaluru-Kolkata (Rs 2,340) and Delhi-Goa (Rs 3,099) are some of the other ...

  • Xiaomi ties-up with Microsoft to bring Cortana to Mi Mix

    Posted on : Thursday 24th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi Mi Mix will come with Microsoft’s voice-assistant Cortana pre-installed, reveals a report in mspoweruser. The Chinese smartphone maker had tied up with Microsoft in June to pre-install Microsoft’s Office suite of apps and Skype on its devices. “And now, it looks like the company is also pre-installing Cortana on its devices such as the bezel-less Mi Mix,” the report adds. However, Xiaomi is not the first Android OEM to have partnered with Microsoft to bring Cortana to its smartphones. Back in 2015, OnePlus team...

  • FiiO launches A5 portable amplifier at Rs 8,999

    Posted on : Thursday 24th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    FiiO has announced the launch of its A5 Portable amplifier in India. The A5 is priced at Rs 8,999 and is available on company’s online store. FiiO A5 comes with MUSES02 + LME49600 opamp combo. The A5 has a signal-to-noise ratio of 115dB. FiiO A5 has a dual +/-11V supplied power for power management. It provides a output power of 800mW. The device comes with the low/high gain switch that enables customers to use A5 on all kinds of headphones. FiiO A5 is backed by a 8,80 mAh battery that can be fully charged in 2.5 hours. The battery is ...

  • Facebook claims its helping move business with real results

    Posted on : Thursday 24th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook India has claimed that it has started offering unprecedented results for its partners in terms of “moving business”. Umang Bedi, Managing Director, Facebook India and South Asia, attributed it to the fact that this was “only platform with real people”, in effect making it the “largest aggregator of real identities on the planet”. Listing examples of recent successes, Bedi, who joined the social network a few months back, said Tata Housing was able to sell 280 houses on the platform within a da...

  • In One Of The Biggest Corporate Layoffs, L&T Gives Pink Slip To 14,000 Employees

    Posted on : Wednesday 23rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Faced with economic challenges, engineering major Larsen & Toubro (L&T) has laid off 14,000 employees across businesses during April-September period this year, saying it was necessary to stay "agile and competitive". "It was a strategic decision that if a business is not in good shape, we are trying to resize it. If there is time to get the business back to normalcy, it is important to reduce the under-recoveries. So, the jobs that we are finding redundant, we are allowing people to move on," company&...

  • Railways Waives Off Service Charges For Booking Online Tickets

    Posted on : Wednesday 23rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: The Railways on Tuesday announced that it would waive off service charges for E-tickets and I-tickets booked through Indian Railway Catering and Tourism Corporation Ltd (IRCTC) in a bid to encourage cashless transactions from November 23 to December 31, officials said. "Now the passengers won't have to pay the service charges on booking E-tickets and I-tickets through IRCTC from November 23 to December 31," railway Spokesperson Anil Kumar Saxena told IANS. He said the decision was taken at a meeting here betw...

  • Vodafone offers free 2GB limited period data for upgrades to 4G

    Posted on : Wednesday 23rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Facing intense competition from Reliance Jio, the second-largest telecom operator Vodafone today launched a data offer for its existing customers in Mumbai to upgrade to a 4G SIM with 2 GB free data. "All existing Vodafone customers who upgrade to Vodafone SuperNetTM 4G will enjoy 2GB of data free on 4G enabled smart phones. 4G SIMs are available at all Vodafone Stores, Vodafone Mini Stores and multi-brand outlets located across the megapolis," Vodafone said in a statement. A foreign brokerage report recently said V...

  • Positive effects of demonetisation may not be long term: Fitch Ratings

    Posted on : Wednesday 23rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The positive effects of demonetisation of Rs 500 and 1,000 notes are unlikely to be of long term nature to support banks’ credit profile, said Fitch Ratings. The rating agency, which reaffirmed its negative outlook on the Indian banking sector, said: “The move (demonetisation) has the potential to raise government revenue and encourage bank lending, but Fitch Ratings believes the positive effects are unlikely to be strong and sufficiently enduring to support credit profiles.” “The impact on GDP (gross domestic pro...

  • LeEco and Coolpad new smartphone spotted on TENAA

    Posted on : Tuesday 22nd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    LeEco, which recently acquired a controlling stake in Coolpad, announced its first product called Coolpad Cool1 in August. Now, the two companies seem to be working on a new device, details of which surfaced on TENAA. GizmoChina first spotted the handset on the Chinese certification site and posted detailed specifications of the same. According to the site, the new Coolpad smartphone will come with a 5.5-inch full HD display and multiple storage variants. It will powered by Snapdragon 821 clocked at 2.35GHz. It is said to come in 4GB/6GB RAM...

  • Sensex regains 26,000, surges 260 points, Nifty above 8,000

    Posted on : Tuesday 22nd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000-level in early trade today, after six days of losses, on widespread buying amid firm Asian cues. The 30-share Sensex was quoting sharply higher by 260.79 points, or 1.01 per cent, at 26,025.93 in early trade with all the sectoral indices led by metal and auto were trading in the positive zone, gaining by up to 2.20 per cent. The Sensex had lost 1,752.54 points in the previous six sessions. The Nifty too was trading above the 8,00...

  • Apple to replace iPhone 6s batteries in case of unexpected shut downs

    Posted on : Monday 21st of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple is now replacing batteries for iPhone 6s users whose phones may unexpectedly shut down. The issue occurs when the device might still reflect enough charge like 40 or 50 per cent, but it shuts down without warning. It only comes back to life when put on charging again. The iPhone 6s battery replacement program comes soon after Apple announced one for iPhone 6 Plus users. In iPhone 6 Plus, the issue was with the touch display, which would stop responding. With the iPhone 6s, Apple was quick to point out this is not a safety issue and...

  • Asian Shares Shaky As Trump Bets Keep Emerging Markets Pressured

    Posted on : Monday 21st of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tokyo: Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. bond yields since Donald Trump's election to president could accelerate fund outflows from emerging markets. MSCI's broadest dollar-based index of Asia-Pacific shares outside Japan dipped 0.1 percent, staying near four-month lows. In local currency terms, many markets are up slightly. Japan's Nikkei rose 0.5 percent to hit a 10-1/2-month high thanks to a weaker yen.  Trump's unexpected...

  • India Needs 4 Lakh New Project Managers Annually Till 2020: Report

    Posted on : Saturday 19th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: The country may require nearly 400,000 new project professionals in project-oriented industries per annum up to 2020 to meet the growing demand for skilled professionals across industries, an industry expert said. "India would require skilled professionals across industries to cope with the rising workforce demand. The government's initiatives like Make in India, Digital India, Swachh Bharat and Smart City, the country may need nearly 400,000 project managers," PMI India MD Raj Kalady said. He was speaking at th...

  • Pay I-T Dues In Advance To Avoid Last Minute Rush: RBI

    Posted on : Friday 18th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai :  Reserve Bank has asked income tax assessees to pay their dues in advance for December quarter and has designated a total of 29 banks at which the payments can be done. RBI said remitting I-T dues towards the end of December every year becomes too far heavy and makes it difficult to cope with the pressure of issuing receipts despite opening additional counters to the maximum extent possible. "Consequently, the members of public are required to wait in queues at the Bank for unnecessarily long periods.These will obv...

  • Demonetisation: Government expects deposits to hit Rs 10 lakh crore by November 24

    Posted on : Thursday 17th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Having garnered Rs 3.75 lakh crore through exchange and deposit of old Rs 500 and Rs 1,000 notes as on Tuesday, the government expects the final figure to surge to around Rs 10 lakh crore by November 24 when exemptions provided to use of old currency at hospitals, petrol pumps etc come to a halt. However, if these exemptions were to be extended, the figure would further climb to Rs 12 lakh crore, said a goverment official close to the development. “The inflow into banks during the first five days of banking after demonetisation was...

  • Microsoft has joined the Linux Foundation

    Posted on : Thursday 17th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Microsoft has joined the Linux Foundation as a Platinum member. The announcement was made at Microsoft’s Connect developer conference in New York. Of course, Microsoft joining Linux Foundation as a member raises some eyebrows, given that the Redmont-based tech giant has long been known for proprietary software. That is the exact opposite of what Linux stands for, but it looks like things are changing. Under Satya Nadella, we’ve seen Microsoft evolve a lot, and it has been contributing to several Linux Foundation projects for some...

  • Petrol price cut by Rs 1.46 a litre, diesel by Rs 1.53

    Posted on : Wednesday 16th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: In response to global prices and currency fluctuations, the three state-owned oil marketing companies (OMCs) have decided to lower the prices of petrol and diesel from midnight Tuesday. According to the Indian Oil Corporation (IOC), retail petrol price will be decreased by Rs 1.46 per liter and diesel would become cheaper by Rs 1.53 per liter, excluding state levies. "The current level of international product prices of petrol and diesel and INR-USD exchange rate warrant decrease in selling price of petrol and diesel, th...

  • Vodafone loss doubles to $5.5 billion due to fierce competition in India

    Posted on : Wednesday 16th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    British telecom giant Vodafone on Tuesday said its losses had doubled to 5.1 billion euros largely due to fierce competition in the Indian market and an impairment charge of 6.4 billion euros on the group’s investment in India. Vodafone said its loss after tax soared to 5.1 billion euros (USD 5.5 billion) in the six months to September 30, compared with a net loss of 2.5 billion euros one year earlier. “Competition in India has increased in the year, reducing revenue growth and profitability,” Vodafone chief executive V...

  • WhatsApp rolls out video calling

    Posted on : Tuesday 15th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mobile messaging platform WhatsApp has launched the much awaited video calling service. The company owned by social networking major Facebook which has over one billion users can now make video calls across Android, iPhone, and Windows Phone devices. “Over the years we’ve received many requests from our users for video calling, and we’re excited to finally offer this feature to the world,” WhatsApp said in a blog. For existing users to avail the service, they need to update the Whatsapp app. The company which ...

  • Sensex crashes by 344 points on capital outflows, weak rupee

    Posted on : Tuesday 15th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark BSE Sensex crashed by over 344 points and the NSE Nifty dipped below 8,200-mark in early trade Tuesday as investors engaged in cutting down their bets amid rupee plunging by 42 paise. Moreoever, a mixed trend at other Asian markets too influenced the trading sentiment. The rupee dropped by 42 paise to trade at 67.67 against the US dollar in early trade today at the forex market. The 30-share barometer plunged 344.27 points or 1.28 per cent to 26,474.55, with sectoral indices led by auto, realty, consumer durables and FMCG l...

  • Vivo V5 and V5 Plus with 20MP front camera to launch in India today

    Posted on : Tuesday 15th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Vivo V5 and V5 Plus smartphones will launch in India today. The highlight of the smartphones is 20MP selfie camera which comes with Moonlight flash. Vivo V5 and V5 Plus are successors to company’s V3 and V3 Max announced in April. Vivo has already sent out media invites for the launch event. According to Phoneradar, both V5 and V5 Plus will feature a similar metal unibody design and run Android 6.0 Marshmallow with Funtouch OS. Vivo V5 is said to feature a 5.5-inch HD display (1280 x 720 pixels). The V5 will be powered by 1.8GHz Sn...

  • Paytm transactions nearly double to five million daily

    Posted on : Monday 14th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Paytm, India’s largest mobile payments company and an e-commerce platform, on Sunday said post-demonetisation of Rs.500 and Rs.1000 notes, it has touched a record five million transactions per day as against Rs.2.5-3 million transactions earlier. With banks and ATMs unable to meet a high demand for new currency notes, many consumers have turned to mobile wallet services. Riding on this wave, the mobile wallet major expects to process transactions worth Rs.24,000 crore by the end of this year. “Led by unprecedented growth ...

  • Apple iPhone 8 could come with never seen before wireless charging technology: Report

    Posted on : Monday 14th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 8 is expected to launch with a radical new design next year, which also marks the 10th anniversary of company’s iPhone line-up. And people can’t stop talking about the upcoming iPhone. Now, according to a report in BGR, the Cupertino giant is working with Energous to introduce wireless charging technology for iPhone 8. If rumours are anything to go by, the wireless technology being developed by Apple is like no other we’ve seen yet. Apple iPhone 8 is said to come with a receiver inside it, which will connect to...

  • Currency printing presses running at full capacity: RBI

    Posted on : Sunday 13th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Currency printing presses are running at “full capacity” to sustain demand for new notes, the Reserve Bank of India (RBI) said on Saturday. The central bank also asked people to switch to other modes of payment, such as debit and credit cards to reduce strain on bank branches. Adequate stock of all currency notes has been kept ready at more than 4,000 locations across the country, and bank branches are linked to them for sourcing their requirements, the RBI said. The RBI said the scrapping of Rs. 500 and Rs. 1,000 notes h...

  • Black money crackdown: Excise officials seek details of gold sales from over 600 jewellers

    Posted on : Saturday 12th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Excise officials searched for details of gold sales from over 600 jewellers pan India on Friday. As per reports, the operation was carried out in 25 cities. Notices have been sent to these jewellers seeking details of the sales made of yellow metal in the last four days, starting November 7, by the officials of Directorate General of Central Excise Intelligence (DGCEI), an intelligence arm under the Finance Ministry, Major jewellery stores and their manufacturing units will be visited by the officials as part of the op...

  • OnePlus 3 Android Nougat ‘beta’ build coming this month: Report

    Posted on : Friday 11th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    OnePlus 3 users will start receiving Google’s latest Android Nougat OS update by the end of this year. OnePlus’ head of software Brian Yoon confirmed the same while speaking to tech website Engadget. He said that a Nougat beta build (community build) will be ready in November, and after all issues in the OS have been ironed out, OnePlus 3 users will start getting OTA (over-the-air) updates. Yoon has also said older flagships like the OnePlus 2 will be receiving the Nougat update as well, but did not confirm when this will tak...

  • GST to take effect from April 1: Jaitley

    Posted on : Friday 11th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Finance Minister Arun Jaitley said on Wednesday that major issues on the Goods and Services Tax have been resolved and the new regime will be implemented from April 1, 2017. “A lot of distance has been covered as far as GST is concerned,” Mr. Jaitley said at the Economics Editors’ Conference. “It is the consensus approach that we have been following. And one of the objects have been that since the GST Council is a federal decision making process and the manner in which it functions in the initial years will lay do...

  • Samsung Galaxy S8 Plus to have 6.2 inch bezel-less display: Report

    Posted on : Thursday 10th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung’s Galaxy S8 rumours are continuing, with the Note 7 now dead and out of production. According to the latest set of reports, the upcoming Galaxy S8 flagship will have a larger 6.2-inch display bezel-less display. Reports in Korea’s The Investor, which quotes local new outlet Samsung is working on a Plus version of the new upcoming smartphone. The report claims Samsung wants to win back the Note customers, who like big display smartphones. The S8 will come in a 5.7-inch and 6.2-inch version this time, and not the 5.1-in...

  • OnePlus 3T running on Snapdragon 821 set for launch on November 15

    Posted on : Wednesday 9th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Following Qualcomm’s announcement of a new OnePlus device on the way, OnePlus has finally confirmed that a new device is going to be launched soon featuring the Snapdragon 821 SoC. The device will be launched on November 15 with the company noting the ‘T-7′ counter shared in a video on its Facebook page yesterday. OnePlus’ announcement reads as “T-7: The Qualcomm Snapdragon 821 (2.35GHz) is coming your way. Find out more on November 15.” Even while OnePlus hasn’t officially announced the name of ...

  • Motorola Moto M goes official: Specifications, price and features

    Posted on : Wednesday 9th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Motorola’s Moto M smartphone has been listed on the company’s China website. The pricing for the Moto M is listed as 1999 Yuan, which is around Rs 20,000 or $295. The Motorola M was expected to launch along with the Lenovo Vibe P2 in China, but the Moto phone has already gone live on the website. Sales for the Moto M will take place later, and users are asked to sign up for the same. Motorola Moto M’s press renders were leaked earlier this week by MyDrivers, Nowwhereelse, etc and the design is exactly the same. Moto M h...

  • Dosa lovers, be happy. Your favorite dish gets a reprieve from fat tax

    Posted on : Tuesday 8th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Thiruvananthapuram: Changes were incorporated into the finance bill to ensure that the fat tax would not hike costs of all food items served at branded restaurants. When the finance minister presented the budget in July, he had proposed a fat tax of 14.5 percent on all food items manufactured in branded restaurants. The move caused even the humble dosas to cost more at such outlets. The new amendment would focus the tax on burgers, pizza, tacos, doughnuts and so on and exclude other food items like dosas from the fat tax. These are t...

  • Debit card data breach: Parliamentary panel to examine security issues

    Posted on : Monday 7th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Concerned over the biggest-ever breach of debit card data, a parliamentary panel will examine various security issues related to payments in the banking sector and has asked government officials and representatives of some banks to appear before it. As many as 32.14 lakh debit cards data was compromised and 641 customers across 19 banks were duped of Rs 1.3 crore using stolen debit card data. The Parliamentary Standing Committee on Finance, which is scheduled to meet later this week, has asked officials from the Finance Mi...

  • Lenovo Phab 2 Plus set to India launch on November 8

    Posted on : Sunday 6th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Lenovo Phab 2 Plus, the successor to the original Phab Plus device will launch in India on November 8. Lenovo has sent out media invites to the press for a launch event in Delhi. The invite says “Its time to live life Phab size.” There’s also the Amazon logo on the invite, indicating this device will exclusive to the e-commerce portal. Lenovo Phab 2 Plus comes with a 6.40-inch with Full HD display with 1080 by 1920 pixels resolution. The phablet is made of aluminium alloy with curved 2.5 glass on the front. The Phab 2 P...

  • Banks must recover loans: Jaitley

    Posted on : Saturday 5th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Domestic investment is the only engine of capital creation that still needs to pick up, and banks must recover their loans to help boost private investment, Union Finance Minister Arun Jaitley said on Saturday. "Public investment over the last few years has picked up significantly," Mr. Jaitley said while speaking at a seminar on debt recovery. "Falling oil prices have helped us accumulate savings, which we have passed on to customers to keep inflation in check and also have used to increase investments." "Th...

  • After Galaxy Note 7, Samsung recalls 2.8mn washing machines in US

    Posted on : Saturday 5th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Korean electronics major Samsung is recalling about 2.8 million washing machines in the US market after reports of injuries, in an another jolt to the company reeling under the recall and production halt of its flagship smart-phone Note 7. However, the company said it does not expect its consumers in India to be impacted by the recall of about 2.8 million top-load washing machines in the US. "Samsung India is aware of a voluntary recall announcement regarding issues with certain top-load washing machines sold in North...

  • Meizu Pro 6s launched with 12MP camera, 3060 mAh battery

    Posted on : Friday 4th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Meizu has launched the upgrade to its Pro 6 smartphone that was launched in April – the Meizu Pro 6s. The new phone is an improved version of the Pro 6, and now has a battery battery life and an improved camera. The dual-SIM flagship phone is 4G LTE capable. Considering that the new phone has the exact same design as the Pro 6, Meizu’s new flagship still features a 5.2-inch Super AMOLED display that comes with a 1920 x 1080 pixels resolution along with 3D Press capabilities. The phone is powered by a Deca-core Helio X25 proce...

  • Google’s Android is just as secure as iOS, claims security chief

    Posted on : Friday 4th of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    When it comes to Android vs iOS, one of the concerns is around security. Apple’s mobile OS is seen as more secure by most. Be it regular updates or security patches or Apple constantly highlighting about why they take privacy and security so seriously, iOS tends to have the upper-hand compared to Android. Plus it doesn’t help that there are so many reports highlighting serious security flaws in the dominant Google platform. But Android’s director of security Adrian Ludwig is not convinced Android has any disadvantages compa...

  • Apple MacBook Pro online orders highest ever, says Phil Schiller

    Posted on : Thursday 3rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple’s MacBook Pro might have received its fair share of criticism for killing off ports, but according to Phil Schiller, the company’s Senior Vice-President of Marketing, online orders for the new notebooks are highest ever. According to Schiller’s comments, the 2016 MacBook Pro has more online orders than any other Pro laptop launched by Apple. Schiller made the comments in an exclusive interview to British newspaper The Independent. Schiller in his interview also addressed the criticism directed at the new MacBook P...

  • Apple AirPods shipments delayed, could launch only in January 2017: Reports

    Posted on : Thursday 3rd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple’s AirPods, the wireless headphones which were showcased at the launch of the iPhone 7 and iPhone 7 Plus, are yet to hit the stores. In India, the AirPods will be priced at Rs 15,400, but there’s no word on when these are officially launching in the country. Now it appears the shipments are delayed further in the US, and according to some reports, the AirPods are looking at a January 2017 timeline for shipping. According to a report in Economic News Daily, which is quoted by DigiTimes, Inventec which is the manufacturer ...

  • Mistry denies mishandling deal with NTT Docomo

    Posted on : Wednesday 2nd of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    The ousted chairman of Tata Sons, Cyrus Mistry on Tuesday hit back at Tata’s citing that the allegations labelled by Tata’s that he handled the DoCoMo issue ‘in a manner inconsistent with Tata culture and values,’ is baseless and it’s ‘false and mischievous’ to suggest that he acted on his own or without the knowledge of Ratan Tata on the Tata-Docomo matter. A statement from Cyrus Mistry’s office said that the suggestion that Mr. Ratan Tata and the trustees would not have approved of the ma...

  • Huawei Enjoy 6 launched in China: Price, specifications and features

    Posted on : Tuesday 1st of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Huawei has unveiled Enjoy 6 smartphone in China. The Enjoy 6 is a dual-SIM device which is 4G LTE capable and has VoLTE support. The phone is expected to be launched ahead of Huawei launching its new flagship device, the Mate 9. Huawei Enjoy 6 comes with 5-inch AMOLED display with a 720p resolution. It is running on a 1.5 GHz octa-core MediaTek MT6750 processor (coupled with a Mali-T860 MP2 GPU), and features 3GB RAM and 16GB of storage (expandable to 128GB via MicroSD). The phone is backed by a 4,100 mAh battery. Enjoy 6 is running ...

  • Samsung should learn from the Galaxy Note 7 crisis, says CEO

    Posted on : Tuesday 1st of November 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Electronics Co Ltd Chief Executive Kwon Oh-hyun on Tuesday said the South Korean tech giant must improve, as it reels from the costly withdrawal of its Galaxy Note 7 smartphone. Without referring directly to the failure of the fire-prone Note 7s, Kwon said in a statement Samsung employees should look back and ask whether they had been complacent in their work. “We have a long history of overcoming crises,” Kwon said. “Let us use this crisis as a chance to make another leap by re-examining and thoroughly improvin...

  • Apple iPhone 7 Plus remains 'Out of Stock' as company fights to meet demand

    Posted on : Monday 31st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    For all those Apple lovers out there who are interested in the iPhone 7 Plus might find it difficult get their hands on the device right now via online platforms. Even while the 4.7-inch iPhone 7 is available across all e-commerce platforms, the larger 5.5-inch iPhone 7 Plus appears to be out of stock everywhere. The iPhone 7 Plus remains unavailable on Infibeam and Flipkart, which are the official online retailer for the iPhone 7 range. Apple Prime users can find only the 128GB version of the iPhone 7 Plus (Gold) in stock, but can buy only ...

  • Huawei Mate 9 to feature 12MP+20MP dual-rear camera setup: Report

    Posted on : Monday 31st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Huawei Mate 9 is set to launch on November 3 and camera specifications of the same has been leaked online. Earlier reports have already given out the presence of Leica-branded dual-rear camera setup as seen on Huawei P9. Now, GizmoChina has quoted an analyst, revealing Mate 9 will come with 12MP+20MP dual-rear camera setup. The report adds Mate 9 could feature an embedded fingerprint scanner as well. Huawei, last week, confirmed rumours that the Mate 9 will be powered by their new Kirin 960 chipset. The company in a tweet said, “Introd...

  • RBI’s home price index rises 7.3 per cent in first quarter

    Posted on : Monday 31st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Are home prices on the rise after remaining depressed in the last two years? If data from the Reserve Bank of India (RBI) is any indication, home prices have gone up during the first quarter ended June 2016 when compared to the same period of last year. Analysts and bankers are attributing the rise to the fall in interest rates and the retail push by lenders. The RBI’s all-India home price index (base 2010-11=100) has sequentially increased by 5.5 per cent to 231.1 in Q1 of 2016-17 from 219.1 in Q4 of 2015-16. All major cities in t...

  • Facebook testing new camera app with Snapchat-like filters: Report

    Posted on : Sunday 30th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook is reportedly testing a new camera feature that will allow users to play around with their selfies using Snapchat-like masks, geofilters, Prisma-like filters as well as overlaid graphics. Users will be able to share these pictures with their friends individually via Direct Message. And the pictures, just like Snapchat, will disappear after 24 hours. According to Tech Crunch, the “new camera” is currently being tested in Ireland. The site quoted a source from the company who said Facebook might test more variations of the...

  • Xiaomi Redmi 4 with 3GB RAM, Snapdragon 625 spotted online

    Posted on : Sunday 30th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi has been busy lately, and has launched a bunch of new flagship devices – the new Mi Note 2 and the concept Mi Mix device. However, Xiaomi’s Redmi 4 was recently spotted on Chinese certification website TENAA. Redmi 4 will be the successor to Xiaomi’s popular budget smartphone – the Redmi 3, which has seen multiple revisions in the form of the Redmi 3s, Redmi Pro and Redmi Prime. According to the information given on TENAA, the Redmi 4 comes will feature a 5-inch dispay supporting full HD (1080p resolution) ...

  • Gold, silver glitter on Diwali demand

    Posted on : Saturday 29th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    NEW DELHI: Gold price increased by Rs 160 to Rs 30,750 per 10 grams on the eve of Diwali at the bullion market on Saturday on increased buying by jewellers to meet festive demand along with a firm global trend. Silver recaptured the Rs 43,000-mark per kg by gaining Rs 300 on increased offtake by coin makers and industrial units. Bullion merchants said increased buying by jewellers to meet Diwali demand at domestic spot market, mainly led to rise in the precious metals prices. Besides, a firm trend overseas where gold rallied to a...

  • Google Pixel shipments delayed in US as pre-orders exceed supply: Report

    Posted on : Friday 28th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google Pixel, Pixel XL shipments in the US are delayed as demand has exceeded supply, according to a report on 9to5Google. The report points out many US customers who had ordered the phone from the Google Store online have got the devices late, while some still see the order listed as ‘Pending’ or ‘Pre-ordered.’ The report also adds Google’s Pixel, Pixel Xl won’t start shipping until mid-November due to a high demand for the new phone. It seems even contacting Google’s customer helpline is not of...

  • Tata’s Nano car must be scrapped, analysts say

    Posted on : Friday 28th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tata Nano, the world’s cheapest car, is back in the spotlight again. Analysts commenting on former Tata Group chairman Cyrus Mistry’s observations on Nano said the project should be discontinued to prevent a further drain on Tata Motors’ resources. ‘No buyers’ “It was an out-of-the-box idea and created a lot of excitement in the global automotive market,” said an auto analyst, asking not to be named. “But now there is no point in continuing with Nano as it has failed in the market s...

  • Centre approves 2 per cent DA, to benefit over 1 crore staff

    Posted on : Friday 28th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Union Cabinet on Thursday approved 2 per cent dearness allowance and relief benefitting about 50.68 lakh employees and 54.24 lakh pensioners. The decision to provide 2 per cent dearness allowance on basic pay will be effective from July 1, 2016. The increase in dearness allowance and relief will result in annual expense of Rs 5,622.10 crore. For the eight months of this financial year 2016-17 (July-February), it would be Rs 3,748.06 crore. The Central government had increased DA by 6 per cent to 125 per cent in March this year an...

  • OnePlus 3T with Snapdragon 821 will be priced at Rs 32,000: Report

    Posted on : Thursday 27th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    OnePlus 3T is as good as official, with extremely reliance tipster Evan Blass tweeting out the expected price of the new phone. According to Blass the new variant of the OnePlus 3 will be priced $80 above the retail price of the current model ($399), which comes to about $479 (approx Rs 32,000). The OnePlus 3T is expected to be a slight upgrade over the current generation and is expected to be unveiled sometime in November. The OnePlus 3T is expected to be powered by the new Snapdragon 821 processor, and running Android’s latest 7....

  • Samsung reports sharp fall in profit following Galaxy Note 7 recall

    Posted on : Thursday 27th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Electronics reported a sharp fall in its quarterly earnings Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit.  For the July-September period, Samsung’s net income was 4.4 trillion won ($3.9 billion), down 17 percent from 5.3 trillion won a year earlier. The company’s profit from its mainstay mobile business showed a dramatic decline due to the Note 7 recall. Samsung issued the world’s largest smartphone recall in September after the flagsh...

  • US judge approves Volkswagen emissions $15 billion settlement

    Posted on : Wednesday 26th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    A federal judge in San Francisco has approved a $15 billion court settlement of most claims against Volkswagen for its emissions-cheating scandal. US District Judge Charles Breyer signed the order Tuesday approving the largest auto-scandal settlement in the nation’s history. About 475,000 owners of VWs and Audis with 2-liter four-cylinder diesel engines now will be able to seek buybacks of their vehicles starting next Tuesday. Most of the owners are expected to sell their cars back to VW after the company acknowledged cheating ...

  • Jet Airways Announces Diwali Sale, Tickets From Rs 921

    Posted on : Wednesday 26th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Jet Airways has announced a promotional scheme called "Deal Wali Diwali", offering tickets from an all-inclusive Rs 921. Jet Airways' Diwali offer is applicable on economy class travel on select domestic routes. The offer will be open till October 30, 2016.  Jet Airways said that the offer is valid for travel 15 days post the date of booking, on specific domestic destinations on its network. A check on Jet Airways website showed that the Rs 921 offer is applicable on Chennai-Coimbatore route. Jet Airways ha...

  • India is a very important market for Watson: IBM

    Posted on : Wednesday 26th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Technology giant IBM is placing big bets on the Indian market for its cognitive artificial intelligence platform Watson, driven by factors like a rich talent pool and fast pace of growth in uptake of technology products and solutions. Watson, which shot to fame after winning television game show Jeopardy in 2011, is now being used across sectors, including assisting in treatment of cancer. IBM Watson GM David Kenny said India is an important market for the company for Watson deployment. “The biggest developer conference tha...

  • Videocon Ultra50 4G LTE flagship launched: Full specifications, features and price

    Posted on : Wednesday 26th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Videocon has today unveiled its new flagship device, the Ultra50. The 4G LTE capable Ultra 50 features a glass finish, and a curved bezel design. It also sports dual WhatsApp, gesture controls and has an SOS function. Videocon Ultra50 comes with a 5-inch HD IPS display (supported by MiraVision), and is powered by a 1.3GHz Quad-core processor. The phone comes with 3GB RAM and 32GB of interal storage, expandable to 64GB. It is running Android 6.0 Marshmallow, and is backed by a 3000 mAh battery. Ultra50 features a 13MP rear AF camera t...

  • Xiaomi Mi Mix launched in China: Specifications, price of the concept phone

    Posted on : Tuesday 25th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi today introduced the Mi Note 2 and a new Mi VR headset in China. While the Mi Note 2 is the successor to the Mi Note series, and continues with the 3D Curved glass design, Xiaomi also showcased a new concept smartphone called the Mi Mix. The new phone has been designed by French designer Philippe Starck. One first look, the Mi Mix resembles a slab of glass, but Xiaomi says it is using high-grade ceramic for this ‘concept phone’. Xiaomi is using “seamless connectors to fuse Mi Mix’s body without any external adh...

  • Microsoft to raise enterprise prices in UK after pound plunges

    Posted on : Tuesday 25th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Microsoft plans to increase prices for some enterprise services by up to 22 percent in Britain following the plunge in the pound, likely hitting thousands of companies and government departments who rely on its cloud and software products. Microsoft said it would increase prices for its enterprise software by 13 percent and for its cloud services by 22 percent from Jan. 1 next year, becoming the latest tech company to raise fees in the wake of the vote to leave the European Union. Britain’s shock vote on June 23 triggered the bigge...

  • Samsung rushed with Galaxy Note 7 replacements, shows report

    Posted on : Monday 24th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung’s Galaxy Note 7 battery issue was never properly diagnosed when the first round of recall and replacement was issued. The company rushed to get the phone out to the market without actually figuring out what was causing the phone to explode. A new report in Wall Street Journal has highlighted how Samsung executives didn’t have a final answer on what caused the phones to explode and rushed with the replacement units. The new report says Samsung’s lab scans showed a bulge in the battery of some of the faulty device...

  • Three banks get back $2.5 billion from Essar group

    Posted on : Monday 24th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    A week after the Essar group signed a mega $12.9-billion deal to sell Essar Oil and Vadinar Port to Rosneft of Russia, three banks — ICICI Bank, Axis Bank and Standard Chartered Bank — have received over $ 2.5 billion (around Rs 16,750 crore) from the Essar group towards repayment of loans to Essar Global. However, Standard Chartered Bank which received a major chunk of the money — $ 2.1 billion — has made a write-off of $850 million as part of the repayment plan, a top banking source said. ICICI Bank and Axis...

  • Adani to start operations at Kamarajar Port by year-end

    Posted on : Sunday 23rd of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Traders from in and around Chennai city and Tamil Nadu will have a new container terminal either to export or import goods starting December as Kamarajar Port facility begins operations. This will be in addition to the existing two container terminals at Chennai Port and one at L&T Kattupalli Port. “As on date, 95 per cent of infrastructure work has been completed,” said an official of Adani Ports, which is constructing the terminal. “Work relating to small accessories and installation of entry and exit gates, parki...

  • Google Pixel positive reviews pushes Alphabet shares to record high

    Posted on : Saturday 22nd of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Alphabet Inc. shares hit a record high on Tuesday after mostly positive reviews for its new Pixel phones, the first line of phones designed in-house by its Google unit. The Mountain View, California-based company’s stock gained 2.5 percent to $826.85 at 2.43PM in New York, after earlier reaching $828, the highest price since August 19, 2004, when Google’s shares were first traded in the public markets. The mostly positive reviews are a change for Google, a company that has occasionally pushed out glitch-ridden devices before they...

  • Vodafone will offer free national roaming starting this Diwali

    Posted on : Saturday 22nd of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Vodafone has today announced that it will be making incoming calls free for customers on national roaming. Starting this Diwali, Vodafone customers travelling anywhere out of their telecom circle will be able to receive incoming calls toll free without having the need to get special roaming packs. “At Vodafone, the customer is at the heart of all that we do and it is an ongoing endeavour to come up with unmatched value and convenience for out customers. Even though outgoing charges while roaming had become comparable to home charge...

  • Samsung India to launch 4G only phones, expects bigger market share

    Posted on : Friday 21st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung India Electronics will make all future launches, including entry-level smart phones, with 4G facility and it expects to gain a bigger market share on the back of the new launches, a top company official said on Thursday. “There is huge conversion happening from feature phones to smart phones at the entry level. This migration will continue. All the future launches, including entry-level segment, will have 4G facilities and we will sell 4G devices. But at the same time, there will be certain set of feature phones users because o...

  • Microsoft’s transition from software to cloud services pays off in a big way

    Posted on : Friday 21st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Microsoft Corp said sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts’ estimates and sending its shares to an all-time high, breaking past a level hit in 1999 at the peak of the tech stock bubble. The company’s shares have doubled since August 2013 with Chief Executive Satya Nadella restoring investor confidence by focusing on mobile and cloud computing rather than PCs. Long known for its Windows software, Microsoft has shifted focus to the cloud where it is dueling with larger r...

  • States, Centre agree to talk more, decision on GST rate next month

    Posted on : Thursday 20th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    The third meeting of the GST Council remained inconclusive as the states and the Centre decided Wednesday to take more time to finalise the proposed four-tier rate structure for goods and services tax and have a relook at the issue of dual control over tax assessees of both goods and services. The Centre and states also differed over the funding mechanism for compensation to states in case of any revenue loss after implementation of the indirect tax regime. The Council will meet next on November 3-4 to iron out pending issues. While ...

  • Oppo R9s and R9s Plus camera-centric smartphones launched

    Posted on : Thursday 20th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Oppo has officially launched its latest smartphones in the R9 series. Oppo R9s and R9s Plus join R9 and R9 Plus – which were announced in March. Oppo R9s and R9s Plus are being introduced as flagship cameras with 16MP sensor on the back and front. Oppo has been lately flooding the smartphone market with camera-centric devices and has in fact managed to outdo its peers when it comes to camera alone. Oppo is also gaining significant marketshare on the back of similar marketing strategy and attractive price point. Oppo R9s, the latest...

  • Xiaomi Mi Note 2 could be company's most expensive smartphone: Report

    Posted on : Thursday 20th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi Mi Note 2 will in all likelihood launch on October 25, according to latest leaks. Earlier rumours have given out specifications of the device and leaked pictures suggest Mi Note 2 will have ultra-thin display as well as edge-to-edge display. Now, Android Pure has put out a slide, which is said to be from Mi Note 2’s launch presentation, revealing its price. In the slide, Mi Note 2 is said to cost 5699 yuan (Rs 56,335). And assuming this is really the slide from Mi Note 2’s launch presentation, this will clearly be Xiaomi&r...

  • Kerala targets Middle East IT markets

    Posted on : Wednesday 19th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Thiruvananthapuram: The Kerala government will devise a new strategy to support small and medium IT companies in the state to tap into the Middle East markets more effectively, a senior IT official said on Wednesday. For this the government along with the industry body, Group of Technology Companies (GTech), is mulling over funds to support companies to create prototypes that have market potential. IT Secretary M. Sivasankar, who is in Dubai attending the five-day GITEX Technology Week, also held a series of discussions with a team o...

  • Airtel now offers 10GB data at Rs 259 for new 4G handset users

    Posted on : Wednesday 19th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Airtel has announced a new data offer for all its customers purchasing a new 4G-enabled smartphone. Users who purchase a new 4G-enabled smartphone will be eligible to get 10 GB 4G/3G data on a recharge of Rs 259. Airtel says 1GB data will be instantly credited to the customer’s account and the additional 9GB data can be claimed via MyAirtel App. The data will be valid for 28 days. Users can recharge a maximum of 3 times within 90 days to avail the offer. “We are proud to have pioneered 4G network for users in India. This invitati...

  • Samsung faces potential class action in US over Galaxy Note 7

    Posted on : Wednesday 19th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Electronics Co Ltd’s US unit is facing a proposed class action lawsuit from three Galaxy Note 7 customers, according to a filing in a federal court in Newark, New Jersey.  The complaint against Samsung Electronics America Inc seeks to represent a nationwide class of Note 7 customers in Nevada, Pennsylvania and California. The world’s top smartphone maker last week permanently ended sales of the fire-prone Note 7 smartphone less than two months after its launch. Samsung announced the recall of 2.5 million Note 7s ...

  • Apple iPhone 7 has hidden home button on screen

    Posted on : Tuesday 18th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    What if the home button of your new iPhone 7 stops working? No worries, as Apple’s iPhone 7 home button has a virtual alternative that turns on automatically if the physical button fails to perform. According to the Apple-tracking website MacRumors, the virtual home button sits neatly at the bottom of the iPhone 7’s screen. With the new iOS 10 in place, the iPhone 7 screen displays a message, saying that “Home Button may need service and “onscreen Home Button” can be used in the meantime. “With...

  • FiiO X1 2nd generation portable music player launched at Rs 7,499

    Posted on : Monday 17th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    FiiO has announced the launch of its X1 2nd generation portable high resolution music player in India. The FiiO X1 improves on performance and design of its predecessor. The music player has an aluminum alloy body and is light as well as portable. It features a new UI design, and can be used with microSD cards of up to 256GB for music playback. The device is available in Silver, Rose Gold and Black colour variants at Rs 7,499. FiiO X1 can be bought from company’s online store. According FiiO, the company has made major improvements to ...

  • Air India mulls Rs. 10,000-crore debt rejig under RBI’s new scheme

    Posted on : Monday 17th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Air India, which is operationally profitable now, is looking to rejig debt worth Rs. 10,000 crore under the scheme for sustainable restructuring of bad assets floated by the Reserve Bank. To further strengthen the ability of lenders to tackle stressed assets and provide an avenue for reworking the financial structure of entities facing genuine problems, the central bank has introduced ‘S4A.’ The Scheme for Sustainable Structuring of Stressed Assets (S4A), introduced in June this year, also came against the backdrop of ris...

  • Panasonic develops 'invisible' TV that looks like a glass

    Posted on : Sunday 16th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: Imagine a TV that looks like glass and can be fit into your furniture's glass panes. Panasonic has developed a protoype of an "invisible" TV which generates bright, clear images as normal TVs. According to tech website Engadget, Panasonic has improved the image quality in the new prototpye. "The OLED screen is made from a fine mesh, embedded into the glass sliding door," the report added. The TV image is visible even with the backlighting on. Once it's dimmed, the image is bright enough to ...

  • Google’s Android Wear 2.0 smartwatches arriving early 2017

    Posted on : Sunday 16th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google is reportedly working on two new smartwatches based on Android Wear 2.0. The smartwatches first rumoured in July this year are expected to launch early next year. Google recently delayed Android Wear 2.0 till early next year and might debut the new wrist friendly version of Android alongside the new smartwatches Google is currently revamping its hardware ambitions big time. The company recently ditched the Nexus smartphone brand to announce its own Pixel range. Google’s Pixel and Pixel XL are the most premium Android smartph...

  • Everything is going right for Indian economy, says KV Kamath

    Posted on : Saturday 15th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sounding exuberant, veteran banker and New Development Bank (NDB) President K V Kamath has said everything is going right for India at present and the third largest Asian economy will witness a “sudden uptick” in fortunes soon. “Everything is going right… the government should keep the accelerator fixed firmly to the ground,” Kamath, who is credited for the growth of ICICI Bank into biggest private sector lender, told PTI here. “I would think the economy is set for a sudden uptick in 12-18 months,...

  • Intex announces Aqua 5.5 VR and Aqua Craze II budget smartphones

    Posted on : Saturday 15th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Intex has announced two new budget smartphones at the ongoing India Gadgetz Expo 2016. The newly announced Aqua Craze II and Aqua 5.5 VR comes bundled with attractive value added services and unique features. The Aqua 5.5 VR and Aqua Craze II are priced at Rs 5,099 and 5,990 respectively. Intex Aqua 5.5 VR will be available exclusively on Flipkart from October 19 while Craze II will be available through retail channels. The Intex Aqua 5.5 VR and Aqua Craze II are VoLTE enabled smartphones and will support Reliance Jio’s Welcome Off...

  • RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore

    Posted on : Saturday 15th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, the specified assets are intended to be transferred from Reliance Infratel (RITL) on a going concern basis into a separate special purpose vehicle (SPV), to be owned by Brookfield. RCom will continue as an anchor tenant on the tower a...

  • Dell announces new Inspiron 5567 notebook at a starting price of Rs 39,590

    Posted on : Friday 14th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Dell has announced the launch of new Inspiron 5567 notebook in India. The new Windows 10 notebook is the latest addition to Dell’s flagship Inspiron 5000 series. Dell Inspiron 5567 is aimed at students and individual users. Dell Inspiron 5567 is ideal for entertainment, computing and content creation needs. The laptop is 23.3mm thick and has a light,easy-open design. Like most Inspiron series notebooks, Dell Inspiron 5567 comes in vibrant colour options including white, midnight blue, fog gray, black, bali blue and tango red. In a ...

  • Rupee up 11 paise against dollar in early trade

    Posted on : Friday 14th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee appreciated by 11 paise to 66.83 against the dollar in early trade on Friday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters. Besides, the retail inflation in September dropping to 13-month low of 4.31 per cent and a higher opening of the domestic equity market also supported the rupee, but dollar’s strength against some currencies overseas capped the gains, forex dealers said. The rupee had lost 41 paise, its biggest one-day fall in over three months, to close at fresh three-w...

  • Infosys reports net profit of Rs 3606 crores for quarter 2, beats estimates by 3%

    Posted on : Friday 14th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Infosys Ltd, country’s second-biggest software services exporter, said on Friday its second-quarter net profit rose 6.1 percent, beating market expectations as it racked up new business client wins. Consolidated net profit was Rs 3606 crores for the fiscal second quarter ended September 30, up from Rs 3398 crores a year earlier, the company said in a statement. Analysts had, on average, expected a net profit of Rs 3526 crores, according to Thomson Reuters I/B/E/S. A report earlier in October had estimated Infosys to see rev...

  • Govt asks NPPA to re-fix ceiling prices of three essential drugs

    Posted on : Thursday 13th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    The government has asked the National Pharmaceutical Pricing Authority (NPPA) to re-fix the ceiling prices of three important drugs — Phenytoin, Propanolol and Cefotaxime — that are under government price control. Phenytoin is an anti-epilepsy medicine, which works by slowing down impulses in the brain that causes seizures. Propanolol is used to treat high blood pressure, irregular heartbeats, shaking (tremors), and other conditions. It is also used after a heart attack to improve the chance of survival. Cefotaxime is an anti...

  • Samsung Galaxy S8 to feature Viv AI assistant: Report

    Posted on : Thursday 13th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Galaxy Note 7 is dead, and it looks like rumours around the Galaxy S8 have gained momentum. Even as Samsung’s reputation takes a big hit from the Note 7, the brand has a lot riding on the Galaxy S8. For people who still in the market for a Samsung flagship can either go for the Galaxy S7, or wait for the company’s next big thing – the Galaxy S8. A new report suggests that the S8 might be coming in two variants. According to a Weibo report, one of the Galaxy S8 variant will feature a curved 5.1-inch 2K super AMOL...

  • Snapdeal 3-day Unbox Diwali Sale kicks off; get upto 70% discount

    Posted on : Wednesday 12th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Online e-commerce major Snapdeal has yet again begun its Unbox Diwali Sale, offering upto 70 percent discount on various product range. The company had carried a 5-day online sale last week between October 2 and October 6 while stating that 37 sellers had crossed the Rs 1 crore turnover on Day 1 itself. The sale will run from October 12-14 and will see exciting deals and offers across all categories like home appliances, electronics, mobiles, home furnishings, furniture and FMCG. Shoppers will be able to choose from a ...

  • Sony Xperia XZ now available on Amazon India at Rs 49,990

    Posted on : Wednesday 12th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sony Xperia XZ is now officially available on Amazon India at Rs 49,990. The smartphone launched at Rs 51,990 is available at Rs 2,000 discount. Sony Xperia XZ is the latest flagship from Japanese smartphone maker. Sony Xperia XZ was first showcased at IFA 2016 in Berlin and was recently launched in India at an event in Udaipur. Sony Xperia XZ combines the trademark design style of Xperia lineup with an all new camera system. Sony Xperia XZ features a 5.2-inch full HD display and becomes the only Android flagship yet to jump to Quad ...

  • PNB makes home, auto loans attractive for govt staff

    Posted on : Tuesday 11th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    NEW DELHI: To cash in on the 7th Pay Commission payout to government employees, state-owned Punjab National Bank (PNB) is offering them home and auto loans at attractive rates of 9.3-9.8 per cent beginning this month. Besides, the bank said it will offer loans to these segments without any processing or upfront fee and no documentation charges will be levied on them. The rate of interest is with effect from October 1, 2016. The Delhi-based state lender said the objective of the drive -- christened as 'PNB Pride' -- is to ...

  • Samsung Electronics Suspends Galaxy Note 7 Production: Report

    Posted on : Monday 10th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    SEOUL:  Samsung Electronics Co Ltd has suspended production of its Galaxy Note 7 smartphones following reports of fires in replacement devices, South Korean media said on Monday, a further setback for the tech giant trying to manage its worst ever phone recall crisis. Samsung's decision to temporarily halt Note 7 production was done in cooperation with authorities in China and the United States, as two US carriers have stopped exchanging or selling new Note 7 phones, Yonhap News Agency cited an unnamed source at a Samsung partne...

  • RJio sets ‘world record’, enrols 16mn users in 1st month

    Posted on : Sunday 9th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reliance Jio on Sunday claimed that it has created “a world record” by crossing the 16 million subscriber mark in its first month of operations — September. Jio, a new entrant in the 4G market, has achieved this growth faster than any other telecom operator or start-up in the world, including the likes of Facebook, WhatsApp and Skype, Reliance Jio Infocomm said in a release. “We are delighted and humbled by the overwhelming response across India to the Jio Welcome Offer. Jio is built to empower every Indian wi...

  • BSNL to increase data capacity by up to two fold, 600 terrabyte

    Posted on : Sunday 9th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Gearing up to compete with private players, state-owned telecom firm BSNL plans to ramp up its mobile broadband capacity by up to two-fold to 600 terrabyte in a month. “We are seeing enormous increase in usage of mobile data on our network. We will be increasing our data network capacity to deliver high-speed 3G and other services. In South, we will double the capacity to 600 TB and in other zones, it will be up to 450 TB by November,” BSNL Chairman and MD Anupam Shrivastava told PTI. The loss-making state-run telecom...

  • Microsoft announces October 26 Surface and Windows 10 event

    Posted on : Sunday 9th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Microsoft’s next big event is happening on October 26 and in all likelihood, the Redmond-based software maker has few hardware devices to show off. For Microsoft, October has always been about Surface branded hardware. Last year, Microsoft stunned the world by announcing Surface Pro 4 and Surface Book. However, it seems like a quite event this time around. According to ZDNet, Microsoft’s October 26 will be more about Windows 10 and less about Surface hardware. The focus is reportedly around Windows 10 Redstone 2 update and Mi...

  • Lava announces two new affordable feature phones starting at Rs 1,150

    Posted on : Saturday 8th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Lava has announced the launch of new Captain series feature phones in India. The Captain series features phone include Nokia like design Captain N1 and Captain K1+. Captain N1 and Captain K1+ feature a 1.8-inch display and feature 3.5mm audio jack (which is apparently dying among the latest breed of smartphones). The Captain series features phones also feature wireless FM for listening to music on the move. Both Captain K1+ and N1 sport a rear VGA camera, with support for video recording and digital zoom. Lava says Captain K1+ and Ca...

  • We will meet budget target, says telecom secretary

    Posted on : Saturday 8th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    With the government expected to receive about Rs.32,000 crore in the current fiscal as upfront payment for the spectrum sold in the recently concluded auctions, Telecom Secretary J.S. Deepak said the Telecom Ministry is on course to meet its budgetary target. As per the Budget documents, the revenue target from the telecom sector this fiscal is Rs.98,994.93 crore. Mr. Deepak said the figure agreed to between the two ministries was Rs.70,000 crore, which they will be able to meet. “Our target is Rs.70,000 crore and with about Rs...

  • Sony announces RX100 V and A6500 mirrorless with incredibly fast 0.05 second AF system

    Posted on : Friday 7th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sony has announced the launch of two new cameras – the RX100 Mark V and the new mirrorless A6500. The cameras follow the launch of Alpha A99II, which was introduced at Photokina 2016. For those who are familiar, Sony’s RX100 series has been the best high-end compact zoom camera for quite sometime and with RX100 IV, Sony made the range exceptionally better with both stills and video. But who wants RX100 IV, when there is RX100 V instead. Sony RX100 V is the latest in company’s high end compact zoom camera range and it ha...

  • Oculus Touch Controllers for Rift shipping on December 6

    Posted on : Friday 7th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook says it’s working to make virtual reality more social as the industry gets more crowded. With a host of leading tech companies now selling VR products, Facebook’s Oculus division is hoping to distinguish its offerings with more interactive and social experiences. At an event Thursday, the company announced a long-awaited shipping date – December 6 – for its Oculus Touch hand controllers, designed to let users make gestures and grasp virtual objects within the simulated worlds projected by Oculus Rift head...

  • Intex Aqua Strong 5.2 with VoLTE support, 2GB RAM launched at Rs 6,390

    Posted on : Thursday 6th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Intex Aqua Strong 5.2, the successor of Aqua Strong 5.1, has been launched by the company. The budget handset is listed on the company’s website at Rs 6,390. However, Intex has not revealed details of its availability as of now. Intex Aqua Strong 5.2 is similar to its predecessor in terms of specifications except for a few changes. For starters, Aqua Strong 5.2 now comes with VoLTE support. Plus, it packs a bigger 2GB RAM and 16GB internal memory. Intex Aqua Strong 5.2 features a 5-inch WVGA display (480 x 854 pixels) with a pixel ...

  • Twitter to conclude sale deliberations this month, Salesforce is the potential bidder: Report

    Posted on : Thursday 6th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter. The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only last month. It is the clearest sign yet that Chief Executive Jack Dorsey is pushing to provide clarity to shareholders and employees over the company’s future as quickly as possible. Binding acquisition of...

  • At Samsung, strong Q3 chip sales to ease sting of Note 7 hangover

    Posted on : Wednesday 5th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Scarred by the global recall of its flagship smartphone, Samsung Electronics Co is set to report on Friday it still expects a small rise in third-quarter profit, analysts say, with healthy sales of memory chips and displays easing the pain. Lost sales and expenses tied to the recall of at least 2.5 million Galaxy Note 7 handsets to fix battery problems could cost the firm nearly $5 billion this year, some analysts have said. That could sap momentum from a nascent recovery in Samsung’s mobile business, an underperformer in recent ye...

  • Vodafone, GMR join hands to provide Wi-Fi at Delhi Airport

    Posted on : Tuesday 4th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Delhi International Airport (Pvt) Ltd (DIAL) and Vodafone India have partnered to provide high speed Wi-Fi services at both terminals of the Indira Gandhi International (IGI) Airport, a company statement said  on Tuesday. DIAL is a GMR-led consortium. The service is now launched and available for fliers to use at the IGI Airport following successful trials over three months. Vodafone’s pre-paid or post-paid customers can now avail complementary Wi-Fi facilities at both terminals of the airport. The customers of Vodafone go...

  • Facebook introduces Marketplace to take on Craigslist

    Posted on : Tuesday 4th of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook has introduced a new feature to its social media profile today – Marketplace. According to the social media giant, people have been using Facebook to connect with each other – buying and selling products with the help of Facebook Groups. Marketplace is a single spot destination for a user to discover, buy and sell items with people in the community. “More than 450 million people visit buy and sell groups each month – from families in a local neighbourhood to collectors around the world,” said Mary K...

  • Oil prices fall on high production despite planned OPEC output cut

    Posted on : Monday 3rd of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years. Brent crude futures were trading down 25 cents, or 0.5 percent, at $49.94 per barrel at 0205 GMT. US West Texas Intermediate (WTI) futures were down 26 cents, or 0.5 percent, at $47.98 a barrel. The dips follow fresh production highs from the Organization of the Petroleum Exporting Countries (O...

  • SBI chairperson gets one year extension

    Posted on : Sunday 2nd of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    The government has extended the term of Arundhati Bhattacharya, chairperson, State Bank of India (SBI) by one year. Ms. Bhattacharya, was appointed on October 7, 2013, for three years. The government has issued a notification to this effect which has been received by the SBI chairman’s office. “I am grateful to the government for giving me some more time to take forward the initiatives that I have taken,” Ms. Bhattacharya told The Hindu. The extension will help Ms Bhattacharya to complete the merger process of f...

  • Dell offering up to Rs 18,773 off in Diwali discounts on notebooks, desktops

    Posted on : Saturday 1st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Dell has announced Diwali offers for its Indian consumers this festive season. Dell will be introducing offers on its entire range of Inspiron and Vostro notebooks and desktops. Starting November 1, Dell will be offering its customers discounts up to Rs 18,773 on its desktops and notebooks. “Keeping in mind the spirit of the holiday where consumers desire to gift their loved ones as part of the celebrations of the festival of lights, Dell has announced compelling consumer offers up to November 1,” the company said in a statem...

  • Government working on target of April 2017 for rollout of GST: Arun Jaitley

    Posted on : Saturday 1st of October 2016
    kuwaitindian news,kuwait local news,kuwait news

    Government is working on a target date of April 1, 2017 for the rollout of Goods and Services Tax, and the first meeting of the GST Council was held in a “very cordial and constructive environment”, Finance Minister Arun Jaitley said today. In his opening remarks at the Fourth Meeting of the Parliamentary Consultative Committee meeting here, he said the government so far is following the road map for implementation of GST “as per the schedule”. The subject of meeting was GST, an official release said. Jaitley said...

  • Google rebrands Cloud business, announces Cloud Region for India

    Posted on : Friday 30th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google today announced that it will open a new Google Cloud Region in Mumbai, which will go live by 2017. Google made the announcement about the India Cloud Region at an event in San Francisco called Horizon. At the event, Alphabet which is Google’s holding company also announced a decision to re-brand its for business-to-business (B2B) based Cloud services as Google Cloud. Google also unveiled the G Suite (which was earlier called Google Apps for Work). G Suite includes Gmail, Docs, Drive, Calendar, Hangouts, and more and is aimed...

  • Sony Xperia XZ: Consumers expect something different from us, says Sony India MD

    Posted on : Friday 30th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sony Xperia XZ has been announced in India, which is the new premium flagship from the company. Kenichiro Hibi, Managing Director, Sony India, in an interview to IndianExpress.com said they wish to stand out in the market with their premium offerings. “The budget segment is currently booming in India, but Sony uses cutting edge technology and we have to bring confidence to our users every time we launch a new product. And that technology is not free of cost. Sure, the sub-Rs 20,000 is growing in India, but this is a price war becau...

  • Airtel makes incoming calls free on international roaming

    Posted on : Thursday 29th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Bharti Airtel has made incoming calls free for international roaming and also launched various packs for its both prepaid and postpaid customers to facilitate travelling abroad, a company statement said here on Wednesday. "With the new international roaming packs, customers will have the convenience of carrying their India mobile number wherever they go and stay connected 24x7 without having to worry about high call and data charges. The packs will be available to both postpaid and prepaid customers," the statement ...

  • BlackBerry stops making smartphones, to focus on software

    Posted on : Thursday 29th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Ontario, Canada: After failing to revive its smartphone business despite several efforts, BlackBerry on Wednesday announced it will cease internal hardware development and will focus on software and services. "The company plans to end all internal hardware development and will outsource that function to partners," Executive Chairman and CEO John Chen said in a statement. As it moves away from the hardware business, BlackBerry will now focus on its enterprise software suite and mobile security. The company announced seco...

  • Deepening corporate bond market a top priority: Arun Jaitley

    Posted on : Wednesday 28th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Finance Minister Arun Jaitley on Tuesday said the recommendations of the HR Khan Committee for the development of the bond market would be fully implemented in the next 6-8 months.”Deepening the bond market particularly on the retail side has been the top priority as far as India is concerned in the last few years,” Jaitley said. Pointing that banks’ resources are constrained by the impact of slowdown in various sectors, Jaitley said the government has accepted almost all the recommendations made by the Khan panel. &ldq...

  • Google likely to launch laptop running new Andromeda OS

    Posted on : Tuesday 27th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    With the ‘Made by Google’ event to be held on October 4, Google seems to have new hardware plans for next year. The company plans to release a new laptop, known by an informal nickname “Pixel 3”, which will be the first ever device to run on the software giant’s new Android-Chrome OS, called Andromeda. Google-watcher blog Android Police reports that the device, internally known as “Bison” will be an ultra-thin laptop with a 12.3" display, but Google also wants it to support a "tablet&qu...

  • Rupee slumps 13 paise against US dollar in early trade

    Posted on : Monday 26th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee was down 13 paise at 66.78 against the dollar in early trade at the Interbank Foreign Exchange on Monday. Dealers attributed the rupee’s fall to increased demand for the US currency from importers and banks and a lower opening in domestic equity market. However, the dollar’s weakness against the euro and yen, restricted the fall. On Friday, the rupee had closed almost flat at 66.65 a dollar as currency traders restrained form taking any major positions ahead of the weekend, despite positive sentiments emerging from ...

  • Samsung Galaxy Note 7: South Korea re-sales delayed by 3 days

    Posted on : Monday 26th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tech giant Samsung Electronics Co Ltd said on Sunday it was delaying the start of new Galaxy Note 7 smartphone sales in South Korea by three days to October 1, a move it says is needed for speedy completion of the ongoing recall in the country. Samsung announced on September 2 a recall of at least 2.5 million Galaxy Note 7 smartphones in 10 markets, including South Korea, due to a faulty battery causing the phones to catch fire, offering refunds or replacement devices using safe batteries. The firm hopes to complete the recall quickl...

  • Himalaya To Hire 1,000 People, Eyes Rs 2,500 Crore Revenue In FY18

    Posted on : Sunday 25th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Bengaluru: Maintaining a compound annual growth rate (CAGR) of over 20 per cent, wellness firm Himalaya Drug Company is looking at a revenue of Rs 2,500 crore next fiscal year and plans to hire around 1,000 people as it enters new verticals and expands distribution network. The homegrown firm had posted a turnover of Rs 1,800 crore in last fiscal year and is expecting sales of Rs 2,100 crore in 2016-17. "We are expecting revenues of up to Rs 2,500 crore in the next fiscal FY18 maintaining a compounded annual growth rate (CAGR) o...

  • Apple iPhone 7 enters 30 more countries from Saturday

    Posted on : Sunday 25th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: After a stupendous response from 28 countries in the first phase beginning from September 16, Apple`s iPhone 7 ans iPhone 7 Plus will now be available in additional 30 countries, starting from Saturday. Todaya`s launch includes the following countries: Andorra, Bahrain, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Greenland, Guernsey, Hungary, Iceland, Isle of Man, Jersey, Kosovo, Kuwait, Latvia, Liechtenstein, Lithuania, Maldives, Malta, Monaco, Poland, Qatar, Romania, Russia, Saudi Arabi...

  • Twitter begins discussions to explore a sale: source

    Posted on : Saturday 24th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Twitter Inc. has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, as the social media company grapples with its slowest revenue growth since going public in 2013. Twitter has struggled to translate its high public profile into the kind of user growth that has propelled Facebook, which now boasts 1.71 billion customers. The company has also suffered from management turmoil since its earliest days. CNBC reported earlier on Friday, citing anonymous sources, th...

  • Airtel now offers unlimited 4G data for prepaid users starting at Rs 1,495

    Posted on : Friday 23rd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Airtel has announced the launch of a new 4G data pack for its customers which will  offer free data for 90 days. The prepaid only pack will be available at Rs 1,495 for existing users, but new users will be able to avail the offer with their first recharge of Rs 1,494. Commenting on the offer, Ajai Puri, Director – Operations (India & South Asia), Bharti Airtel said, “At Airtel, we are focused on providing great value to customers. Customers with 4G handsets generally consume large amounts of data and this propositio...

  • Apple acquires Hyderabad-based machine learning startup Tuplejump

    Posted on : Friday 23rd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    US tech giant Apple has acquired Tuplejump — a Hyderabad-based machine learning startup that helps companies to store, process and visualise big data with its unique software. Founded in 2013, Tuplejump’s two co-founders Rohit Rai and Satyaprakash Buddhavarapu have already joined Apple while third cofounder, Deepak Alur, joined Anaplan – a Cloud-based business modelling and planning platform for sales, operations and finance. According to a Tech Crunch report, Apple is on a machine learning company buying spree and ...

  • BSNL to get Rs.1,250-crore subsidy for rural landlines

    Posted on : Thursday 22nd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Union Cabinet has approved the long-pending compensation of Rs.1,250 crore for state-run Bharat Sanchar Nigam Ltd. (BSNL) for the deficit incurred in operating rural landline connections installed before April 1, 2002. The subsidy support to the state-owned telecommunications company will be paid from the Universal Service Obligation Fund (USOF). “The Cabinet also approved that the above subsidy support would be the last and final payment and no further request from BSNL for financial/subsidy support from USOF on this count...

  • Flipkart crosses 100 million customers milestone

    Posted on : Wednesday 21st of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone. The Bengaluru-based company has doubled its user base over the last year and added 25 million users in the past six months alone. “This is a small step in our efforts to build a platform that provides quality products, affordable and accessible to millions of Indians shopping online. This milestone has further energized us to ramp-up our efforts and build a world-class shoppin...

  • Rupee up 3 paise against dollar in early trade

    Posted on : Wednesday 21st of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee edged higher by 3 paise to 66.98 against the dollar in early trade today at the Interbank Foreign Exchange on fresh selling of the US currency by banks and exporters. Forex dealers said that a higher opening in domestic equity market and a weak dollar against yen and other currencies overseas supported the rupee. The rupee had depreciated by 5 paise to end at 67.01 against the American currency in Tuesday’s trade amid uncertainty over the Fed rate-hike action scheduled for later in the day. Meanwhile, the benchmark BS...

  • Reforms to boost growth; banking risks constraint rating: Moody’s

    Posted on : Tuesday 20th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Moody’s Investors Service on Tuesday said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India’s sovereign rating. It also said in the near-term, challenging budget targets could lead to significant spending cuts late in the year, especially since fiscal deficit till July had touched 74 per cent of the whole year’s budget target. “In Moody’s view, over ti...

  • GoPro Hero 5 Black, Hero 5 Session and Karma drone announced

    Posted on : Tuesday 20th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    GoPro has unveiled a slew of new products including the Hero 5 Session, Hero 5 Black and a new Karma Drone; both cameras support 4K recording at 30 frames per second. The new Hero 5 Black starts at $399.99, while the Hero 5 Session costs $299.99 and both will be available from October 2. GoPro’s founder and CEO, Nicholas Woodman launched the new line of cameras, a cloud-based software, and the Karma drone at an event in Squaw Valley, California. “With these new products, we’re delivering on our promise to make it easy t...

  • Apple iPhone 7, iPhone 7 Plus have a hissing problem: Reports

    Posted on : Monday 19th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple’s iPhone 7, iPhone 7 Plus seems to have a hissing problem, according to reports from early users and reviewers. The issue was first noted by 512 Pixels’ Stephen Hackett, who posted about the same on on Twitter, and also shared a YouTube link to the hissing sound from his iPhone 7 Plus. He wrote on Twitter, “My iPhone 7 Plus makes terrible noises when under load,” and has added the YouTube link. And his complaint has been corroborated by others as well who are facing the same problem. TechCrunch writer Darrel...

  • Airtel Gets Payment From Reliance Jio For New Points Of Interconnect

    Posted on : Sunday 18th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Bharti Airtel - which has been engaged in an interconnectivity tiff with Reliance Jio - today said it has received payment from the new entrant for additional points of interconnect, and sought Jio's cooperation for timely testing and commissioning of the network ports. Airtel said while interconnect agreement provides for a commissioning period of 90 days, the company will work towards releasing the points of interconnect or PoIs "well ahead" of the contractual obligation. The telecom operator said it has ensure...

  • Auto industry can create 65 million new jobs by 2026

    Posted on : Saturday 17th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    The government expects the automobile industry to create 65 million new jobs and clock annual revenues of $300 billion by 2026, Heavy Industries Secretary Girish Shankar said. “India’s auto industry is one of the largest and most competitive in the world, contributing 7 per cent of the country’s gross domestic product or GDP,”Mr. Shankar said. “We have worked out an Automotive Mission Plan 2026 along with industry, which is aiming for a 12 per cent share in GDP, third position in the world’s auto indus...

  • Rupee gains 16 paise against dollar in early trade

    Posted on : Friday 16th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee firmed up 16 paise to 66.86 against the dollar in early trade on Friday on fresh selling of the US currency by exporters and banks amid a higher opening in the domestic equity market. Forex dealers said weakness in the dollar against other currencies overseas supported the rupee. Further, foreign fund inflows and a higher opening in the domestic equity market gave the uptrend some momentum, they added. On Thursday, the domestic unit ended below the psychological 67-mark, falling 13 paise to hit over two-week low of 67.0...

  • Apple iPhone 7 goes on sale, but the crowds are smaller this time

    Posted on : Friday 16th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc fans from Sydney to Tokyo, the first to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked by applauding sales staff. But underneath the usual fanfare, and despite complaints that the larger size of the new phone and the new jet black colour were sold out, crowds were smaller than in past years. Some 200 people were gathered in Sydney light drizzle for the privilege of being the first worldwide to hold an iPhone 7. Apple will launch in its key Asian market China lat...

  • RCom-Aircel merger a strong challenger to Idea Cellular

    Posted on : Thursday 15th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Anil Ambani led Reliance Communications (RCom) signed definitive agreements with Maxis Communications Berhad (MCB) for the merger of wireless businesses of Aircel Limited with itself, making it the largest-ever consolidation in the Indian telecom sector. The RCOM-Aircel combination will create a strong operator clearly ranked amongst India’s top 4 telcos by customer base and revenues, also ranking amongst the top 3 operators by revenues in 12 important circles, said a company statement adding that the merged company will have the s...

  • Amazon and Pandora set to launch new music streaming services

    Posted on : Monday 12th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Amazon.com Inc and Pandora Media Inc are planning to launch new versions of their streaming music services in coming weeks, the New York Times reported on Sunday, citing several anonymous people with knowledge of the matter. Pandora could announce its plans this to expand its $5-per-month platform this week, with possible features including skipping more songs or storing several hours of playlists, the newspaper said. The company plans to launch a full-fledged on-demand platform by Christmas. Such a platform, priced at $10 a month, would...

  • Settle PoI matter bilaterally: Trai to Jio & other operators

    Posted on : Saturday 10th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    In the latest development involving the tussle between Reliance Jio and other telecom operators — Bharti Airtel, Vodafone India and Idea Cellular — the Telecom Regulatory Authority of India (Trai) has stepped in and asked both the parties to settle the matter of points of interconnection (PoI) bilaterally, failing which an adjudicator would be appointed. At the meeting of regulatory heads of the four telecom service providers called on Friday, Trai secretary Sudhir Gupta asked them to discuss the issue bilaterally to ensure t...

  • ONGC in talks to acquire stake in GSPC gas field

    Posted on : Friday 9th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Oil and Natural Gas Corporation (ONGC) is in talks with Gujarat State Petroleum Corporation (GSPC) for acquiring a stake in its gas field in the Krishna-Godavari Basin, ONGC chairman and managing director, D.K. Sarraf said. “We have been talking to GSPC for acquiring a certain percentage stake in their field… some technical studies have been done on the field since it’s a difficult field and the investment is high,” Mr. Sarraf told reporters after an annual general meeting of ONGC in the capital. ONGC, the co...

  • Google to buy cloud software company Apigee for $625 mn

    Posted on : Friday 9th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Alphabet Inc’s Google said on Thursday it is acquiring cloud software company Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business. San Jose-based Apigee’s software helps companies’ digital services interact with apps used by customers and partners. The service is critical for businesses transitioning to the cloud, Diane Greene, who runs Google’s cloud computing division, said in an interview. “They are a leader in t...

  • Australian Airlines Ban Use Of Samsung Galaxy Note 7 Phones After Battery Fires

    Posted on : Thursday 8th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    SYDNEY:  Three Australian airlines have banned passengers from using or charging Samsung Electronics' Galaxy Note 7 smartphones during flights due to concerns over the phone's fire-prone batteries. Qantas, its budget unit Jetstar and Virgin Australia said they had not been directed to ban the use of the phone by aviation authorities, but did so as a precaution following Samsung's recall of the phones in 10 markets. Although customers will still be able to bring the phones on flights, the ban extends to the phones bei...

  • Sony announces PS4 Pro and PS4 Slim gaming consoles

    Posted on : Thursday 8th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Amid the frenzy created by Apple’s iPhone event, Sony held its own quaint little conference right after which lasted less than a grand total of 40 minutes. During the event, Sony was quick to get to the point, introducing to us a new PlayStation 4, which is a slimmer version of the console and the PS4 Pro. The long rumoured Sony PS4 Neo has finally been revealed to be the PlayStation 4 Pro, capable of 4K gameplay resolutions along with HDR, something that Microsoft has promised with its Xbox Scorpion project slated to release next ...

  • Sensex slides 72 points in early trade on profit booking

    Posted on : Thursday 8th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    The BSE benchmark Sensex fell nearly 72 points to slip below the 8,900-mark in early trade on Thursday owing to increased selling in various counters by participants in recent gainers. Besides, mixed global cues also influenced investors sentiment, pulling the 30-share barometer down by 71.80 points or 0.24 per cent at 28,854.56 in early trade. The index had lost 51.66 points in the previous session. Sectoral indices led by IT, teck, bankex, consumer durables and power were trading in the negative zone, falling up to 3.06 per cent. The N...

  • China may allow imports of Indian non-basmati rice

    Posted on : Wednesday 7th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    China may soon grant market access to India's non-basmati rice exports, acceding to a long-pending request from New Delhi. The Centre had repeatedly taken up the issue of the country’s ballooning goods trade deficit with China bilaterally. India had demanded market access for products including non-basmati rice, pharmaceuticals and several fruits & vegetables among others. India’s goods trade deficit with China has surged from $1.1 billion in 2003-04 to $52.7 billion in 2015-16. Beijing has been “denying&rdq...

  • Samsung trips on quality control in rush to beat Apple iPhone 7

    Posted on : Tuesday 6th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    In its rush to beat rival products to market, notably Apple’s new iPhone, Samsung Electronics has accelerated new phone launch cycles, but its haste is raising concerns that it fell short on quality testing. Since last year, the South Korean firm, the world’s largest maker of smartphones, has brought forward the launch of its Galaxy S and Galaxy Note series models by roughly a month. For the June quarter, the strategy helped Samsung to its best profit in more than two years, but it is also putting strain on its supply cha...

  • Oil prices up in Asia on Russia-Saudi talks

    Posted on : Tuesday 6th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Crude prices rose in Asia on Tuesday after Russia and Saudi Arabia pledged to work on addressing a global supply glut, but analysts said gains would likely be limited after the two sides provided scant detail about their plans. Saudi Energy Minister Khaled Al-Falih and his Russian counterpart Alexander Novak agreed to “act together” to steady the market but stopped short of agreeing to a production freeze. On the sidelines of the G20 summit in China, the ministers said they will act “together or in cooperation with ...

  • As Raghuram Rajan exits, Urjit Patel assumes charge as new RBI Governor

    Posted on : Monday 5th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Urjit Patel has assumed charge as the 24th Governor of Reserve Bank, succeeding Raghuram Rajan whose three-year controversy-ridden tenure ended on Sunday. Patel has assumed charge effective September 4, 2016, after serving as deputy governor since January 2013, RBI said in a statement on Monday. He was reappointed as deputy governor on January 11, 2016, after the completion of his first three-year term in office. Among his assignments as deputy governor, Patel chaired the Expert Committee to Revise and Strengthen the Monetary Policy Fram...

  • Apple iPhone 7 will be waterproof, have dual 12MP rear cameras: KGI Securities

    Posted on : Monday 5th of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 7 will have IPX7 certification making it waterproof, as well as dual 12MP rear cameras, says a new leaked report from KGI Securities. The research firm is known for its accurate details on Apple iPhone leaks, and the latest one reveals quite a few facts about the upcoming iPhone 7, including the clock speed of the A10 processor (2.4GHz according to KGI). 9to5Mac has picked up the report from KGI Securities, and points out the A10 will be a big upgrade compared to the A9, and this one will be manufactured by Taiwanese company...

  • Microsoft gets support in gag order lawsuit from US companies

    Posted on : Saturday 3rd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Washington: Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Friday was the deadline for filing of friend-of-the-court briefs by nonparticipants in the case. The filings show broad support for Microsoft and the technology industry in its latest high-profile clash with the U.S. Justice Department over digital pr...

  • Apple iPhone 7 Plus specs revealed, to come in 256GB variant with lightning earpods

    Posted on : Friday 2nd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 7 is just days away from the launch and rumours surrounding the device refuse to die down. Now, a new leaked document posted on a Dutch language site – Techtastic.nl – reveals specifications of Plus model of the new iPhone. According to the document, iPhone 7 Plus will come with ‘Earpods with Lightning Connector’. Though we can’t guarantee the authentication of the document, it does corroborate with earlier video leaks revealing Apple’s new lightning earpods for iPhone 7 Plus. However, wha...

  • Sensex recovers 102 points in early trade

    Posted on : Friday 2nd of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Market benchmark BSE Sensex recovered over 102 points in early trade today on fresh buying by participants tracking positive global cues. Brokers said sustained buying by domestic financial institutions amid investors widening their positions amid firming trend in other Asian markets ahead of the US jobs data also influenced sentiment here. The 30-share index rose 102.39 points, or 0.36 per cent, to 28,525.87 with the sectoral indices led by auto and banking rising up to 0.85 per cent. The gauge had shed 28.69 points in yesterday’s...

  • Local airfares may rise on regional connectivity levy

    Posted on : Thursday 1st of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    Flying on domestic routes may soon get expensive with the Centre proposing changes to the Aircraft Rules of 1937 imposing a levy on scheduled flights. The levy is for providing subsidy to airlines that want to fly on the proposed regional connectivity routes. Subsidies The draft rules, dated August 26, proposes a regional air connectivity levy empowering the Centre to “impose a levy on scheduled flights being operated within India” to fund the plan. Under the regional connectivity scheme, the government will provi...

  • Rupee weakens 10 paise against dollar in early trade

    Posted on : Thursday 1st of September 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee depreciated 10 paise to 67.06 against the US dollar in early trade today on fresh demand for the American currency from importers amid weak growth data for April-June quarter. Indian economy grew at the slowest pace in last six quarters at 7.1 per cent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors. Dealers attributed the rupee’s fall to fresh demand for the US currency from importers but a higher opening in the domestic equity markets and dollar&rsquo...

  • Market rally continues, Nifty breaches 8,800-mark

    Posted on : Wednesday 31st of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Stock markets continuing their winning run for the third straight session, with the NSE Nifty reclaiming the psychological 8,800 level after 16 months and BSE Sensex rising over 131 points in early trade on Wednesday on widespread gains amid sustained foreign fund inflows. The National Stock Exchange’s index Nifty surged by 55.90 points, or 0.63 per cent to, 8,800.25.While, the 30-share Sensex surged by 131.37 points, or 0.46 per cent, to 28,474.38 points in early trade. The gauge had gained 560.76 points in the previous two se...

  • Reliance Communications to offer 300 minutes of 4G calling at Re 1

    Posted on : Tuesday 30th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Ahead of the impending launch of Reliance Jio’s 4G services, telecom operator Reliance Communications on Tuesday announced app-to-app 4G calling at Re 1. The Anil Ambani-led firm will bundle 300 minutes of app- to-app talking, valid for 30 days at Re 1, translating into 10 minutes usage per day under the limited period offer. Users will get a daily data credit of 7 MB into their accounts that can be used to make these calls, Reliance Communications CEO Consumer Business Gurdeep Singh told reporters here. These apps will inc...

  • Economy still growing below its potential: Raghuram Rajan

    Posted on : Tuesday 30th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reserve Bank of India (RBI) Governor Raghuram Rajan on Monday highlighted the upside risks to inflation and said that the Indian economy is still growing below its potential. According to the Governor, the key weakness is in investment, with private corporate investment subdued because of low capacity utilisation, and public investment slow in rolling out in some sectors. Last week, Economic Affairs Secretary Shaktikanta Das was quoted by agencies as saying that the Indian economy — which grew at 7.6 per cent in FY16 — is exp...

  • Airtel cuts data prices by up to 32 per cent

    Posted on : Tuesday 30th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Continuing with its offensive on the tariff front ahead of the launch of Reliance Jio Infocomm, Bharti Airtel on Monday once again cut data prices for its prepaid users by up to 32 per cent with an eye on retaining its customers as well as incentivise them to increase usage. This is the second time within a little more than a month’s time that Bharti has cut data tariffs for prepaid users. For its postpaid users, earlier this month it had come out with a bundled data plan wherein voice calls were made free. While data prices for pr...

  • Sensex recoups early losses, up marginally by 5 points

    Posted on : Monday 29th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark Sensex recovered from its initial losses, though ruling flat with a mere gain of 5 points — helped by mild buying in auto, industrials, capital goods, metal and energy counters despite lower Asian cues. Down beat sentiment prevailed after US Fed chief Janet Yellen indication of raising interest rates this year. Selling was witnessed in IT, realty power, teck, FMCG and financials and healthcare sectors. The 30-share index resumed higher at 27,827.26 and later slid to 27,698.71. It was quoting at 27,787.32 at 11...

  • Need mini bangs of steady reforms, not big bangs: Raghuram Rajan

    Posted on : Saturday 27th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    India currently needs steady and irreversible reforms and not “big bang” reforms, Reserve Bank of India (RBI) Governor, Raghuram Rajan said on Friday. “Observers may be impatient, but my belief is that steady and irreversible reform and mini bangs like yesterday’s (Thursday) rather than big bang is the need of the hour. As global conditions become less uncertain, the pace of reform can pick up. The lessons we have learnt during this period on what works will be invaluable then,” said Rajan who spoke at an ev...

  • Huawei becomes the latest OEM to integrate Truecaller as default dialer app

    Posted on : Saturday 27th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Truecaller has announced that its users are making more than half a billion monthly phone calls through the app. The company says the usage is being tracked via company’s default dialer app. In order to achieve further scale, Truecaller is announcing a new partnership with Huawei. Huawei has announced that its flagship smartphones will come preloaded with Truecaller app as default dialer. The company’s first smartphone to feature Truecaller dialer app will be the Honor 8. “Today marks a great milestone for the compa...

  • Canon EOS 5D Mark IV with 4K recording launched at Rs 2,54,995

    Posted on : Friday 26th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Canon has officially launched the EOS 5D Mark IV in India. The launch comes a day after its global announcement. The USP of EOS 5D Mark IV is its 4K recording, which makes it the first 5D range viable for a video professional. Canon EOS 5D Mark IV improves on the legacy of EOS 5D Mark III, and aligns itself with the capabilities of EOS 1D-X Mark II. The EOS 5D Mark IV features an all new 30.4 megapixel full frame image sensor. The camera comes with standard ISO setting of 100-32000, further expandable to ISO 50-102,400. The camera also g...

  • RBI issues norms on credit supply to large borrowers

    Posted on : Friday 26th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Reserve Bank of India (RBI) on Thursday released guidelines on ‘enhancing credit supply to large borrowers’ through market mechanism and asked banks to set aside an additional provision of 3 per cent on incremental exposure of the banking system to large borrowers if they cross a certain threshold. The central bank cautioned lenders against borrowers trying to circumvent the cut-off aggregate sanctioned credit limit (ASCL) criteria by borrowing through dummy or fictitious group companies and said banks should apply their ...

  • Meizu U10, U20 Budget Android Smartphones With Fingerprint Scanner Launched

    Posted on : Thursday 25th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Meizu has announced two new smartphones in its U series, the U10 and U20 smartphones. The smartphones will come in Black, White, Champagne Gold, and Rose Gold colour variants, and are priced starting CNY 999 (roughly Rs. 10,000). The smartphones comes in two memory/ storage bundles, and the Meizu U10 2GB RAM/ 16GB storage bundle is priced at CNY 999 (roughly Rs. 10,000), while the 3GB RAM/ 32GB storage bundle is priced at CNY 1,119 (roughly Rs. 11,300). The Meizu U20 2GB RAM/ 16GB storage bundle is priced at CNY 1,099 (roughly Rs. 11,100...

  • Rupee recovers 3 paise against dollar in early trade

    Posted on : Thursday 25th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee recovered by 3 paise to 67.08 against the US dollar in early trade today at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks. Forex dealers said foreign fund inflows and a higher opening in the domestic equity market also supported the domestic unit. The rupee had depreciated by 5 paise to end at 67.11 per dollar in yesterday’s trade amid rebound in the US currency in global markets. Meanwhile, the benchmark BSE Sensex rose by 77.99 points, or 0.27 per cent, to 28...

  • Apple is reportedly working on iPhone with curved OLED display for 2017

    Posted on : Thursday 25th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    It is now widely evident that the 2016 iPhones will be just a cosmetic update over iPhone 6s/6s Plus. While the devices will have new hardware prowess as talking point, the design is likely to be same as current generation iPhones. The 2017 iPhones sound exciting almost a year ahead of their possible launch. Apple is reportedly working on three new iPhone models for 2017, with one of them purportedly sporting a curved OLED display like Samsung’s Galaxy S7 edge and Note7. The Nikkei Asian Review notes Apple has three new iPhones for...

  • Anil Ambani’s son Anmol joins board of Reliance Capital

    Posted on : Wednesday 24th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reliance Group Chairman Anil Ambani’s elder son Anmol Ambani has joined the board of Reliance Capital as an additional director. Mr.Anmol, a management graduate from Warwick Business School, was inducted to the Reliance Capital board after recommendation by the Nomination and Compensation Committee of the Board of Reliance Capital, comprising largely of independent directors, according to a company statement. Mr.Anmol is proposed to be appointed as the full time executive director of Reliance Capital at the forthcoming annual g...

  • Samsung’s Tizen-based Z2 smartphone expected to launch today

    Posted on : Tuesday 23rd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Z2, a new Tizen OS based phone could be launched in India today. The company has sent out invites for a new smartphone launch in the country. Tizen is Samsung’s own OS, and it powers the company’s smartwatches including the Gear S2, as well its other smart products like the Samsung fridge, TVs etc. However, Tizen-OS has not exactly been a raging success on smartphones as Samsung had hoped in the passed. Samsung launched the Tizen-based Z3 in India last year at a price of Rs Rs 8,490 with the OS being the USP of the ph...

  • Sony’s PS4 Neo to be unveiled Sep 7, will feature a slimmer design

    Posted on : Monday 22nd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sony’s popular gaming console, the PlayStation 4 (PS4) is going to go through a mid-life upgrade, and will see a high-end version of the device introduced early next month – the PlayStation Neo. The company plans to introduce a PS4 standard model alongside the high-end variant. Sony plans to unveil the two new devices at the PlayStation Theater in New York on September 7. The new PlayStation (as shown in leaked images) will be a slimmed-down version of the current PS4. Sony is following the exact same storyline with the lates...

  • Samsung Galaxy S8 to come with Exynoss 8895, 4GHz processor: Reports

    Posted on : Monday 22nd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    After the successful launch of the Samsung Galaxy Note 7, it might be time to talk about the next big thing – Samsung Galaxy S8. New reports suggest that the next generation Galaxy S device from Samsung (possibly named the S8) might come with the company’s brand new Exynoss 8895 processor. This processor is rumoured to be faster than the next generation Qualcomm Snapdragon 830, and Apple’s A10 processor that are yet to launch. According to a MobiPicker report, Samsung’s next processor – Exynos 8895 might com...

  • Centre to pay outstanding dues to realty firms soon

    Posted on : Saturday 20th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    In a move that could bring significant relief to the debt-laden construction sector and their lenders, the government is close to finalising a policy to ensure that government agencies expeditiously pay out a large chunk of the estimated Rs.1 lakh crore of outstanding dues they owe to developers. This is a critical component of a special package of measures being readied by the Niti Aayog to alleviate the cash crunch faced by the construction sector that is now the largest employer in the country after agriculture, but has little or no c...

  • Indian smartphone market recovers, posts 17 per cent growth: IDC

    Posted on : Saturday 20th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Indian smartphone market has recovered after declining for two successive quarters by posting a 17.1 per cent growth over the previous quarter, according to the latest number from International Data Corporation (IDC). However IDC’s data says on a yearly basis, the market saw a marginal growth of 3.7 per cent over Q2 of 2015 and that both global and Indian’s vendor’s saw their shipments fall on a yearly basis. The Chinese dominance in India continues to grow, with IDC saying these vendors saw shipments increase in th...

  • Apple Watch with cellular connectivity won’t come this year: Report

    Posted on : Friday 19th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Watch with cellular connectivity is likely to be delayed till the next generation, although new versions of the Watch will come with GPS-tracking, says a report on Bloomberg. The Bloomberg report by Mark Gurman says Apple has been in talks with major cellular networks in US and Europe, but there are concerns chips with LTE will consume too much battery. The report adds this will reduce “the product’s effectiveness,” and thus affect user appeal, and there’s a good chance this particular feature will be pushed...

  • Smartphone market grows at 4.3 per cent in Q2, says Gartner

    Posted on : Friday 19th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Smartphone sales grew by 4.3 per cent year-on-year worldwide, but only five vendors saw any growth in individual sales, shows a new report from research firm Gartner. According to Gartner smartphones sales stood at a total of 344 million units in the second quarter of 2016, and overall sales of mobile phones contracted by 0.5 percent. The five vendors which saw growth were Huawei, Oppo, Xiaomi and BBK Communication Equipment, and Samsung. Interestingly BBK owns Oppo and Vivo, and both brands have seen growth in the market. Apple continue...

  • Sensex climbs over 165 points in early trade, banks lead rally

    Posted on : Thursday 18th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reversing its two-session losing run, benchmark BSE Sensex rebounded over 165 points in early trade on Thursday with banking stocks leading the recovery bid amid mixed Asian cues. The 30-share index was trading higher by 165.46 points or 0.59 per cent to 28,170.83 with all sectoral indices led by banking, power and auto stocks leading the charge. The 30-share index had lost 147.03 points in the previous two sessions. NSE Nifty also moved up by 46.45 points or 0.53 per cent to 8,670.50 in early trade. Shares of state-run banks...

  • Finance Ministry looking at advancing date of Budget presentation

    Posted on : Thursday 18th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    As part of a string of changes in its Budget- making exercise, the finance ministry is looking at advancing the date of presentation of the Union Budget next year to enable its passage in Parliament by March 31. This will also allow the government to do away with the need of conducting a Vote on Account, which is otherwise needed for ministries to incur their expenditure till the Budget gets passed by both Houses of Parliament, two government officials said. “We are considering having an earlier date for presenting the Budget n...

  • Apple to boost China investments as demand plummets

    Posted on : Wednesday 17th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc will boost its investment in China, one of its largest but increasingly challenging markets, and build its first Asia-Pacific research and development center in the country, Chief Executive Tim Cook said on Tuesday. Cook made the pledge during a trip to China, at least his second in four months, as demand for Apple’s iPhones has plummeted in the world’s second-largest economy and the government remains wary about foreign technology. Apple’s new research and development centre will be built by the end of the ye...

  • Samsung unveils Digital eye using IBM’s brain chip TrueNorth

    Posted on : Wednesday 17th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung has created ‘a digital eye’ where each pixel operates independently in the image sensor, and it relies on IBM’s brain chip TrueNorth, according to a report on CNET. The report quotes Eric Ryu, Vice-President of Research at the Samsung Advanced Institute of Technology, as explaining how this ‘digital eye’ works. In Samsung’s cutting edge Dynamic Vision Sensor each pixel “pipes up only if it needs to report a change in what it’s seeing”. The video image is processed quite differ...

  • Sensex declines 62 points on weak data, global cues

    Posted on : Tuesday 16th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark BSE Sensex fell by 62 points as investors cut down their bets on disappointing macroeconomic data and weak trend in Asian markets. The 30-share barometer fell 61.55 points or 0.21 per cent to 28,090.85 with IT, teck, consumer durables, capital goods, auto and healthcare trading in the red, falling up to 0.95 per cent. The gauge had gained 377.52 points in the previous two sessions. Market remained closed on Monday on account of Independence Day. On similar lines, the NSE Nifty declined by 25.05 points or 0.28 per cent t...

  • Apple iPhone 7 might not be able to prop up numbers: Canalys

    Posted on : Tuesday 16th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 7 is just weeks away and there is a lot of speculation about the features as always. While it is too early to tell what impact the phone will have on sales, research firm Canalys has released a new forecast which does not paint such a rosy picture for Apple. Canalys expects Apple’s worldwide shipments to decline in 2016 despite the new iPhone thanks to the “struggle in China”. “The launch of the iPhone 6 saw Apple’s shipments in Greater China skyrocket, but the company has struggled to maintain ...

  • BSNL offers free unlimited calls every Sunday

    Posted on : Monday 15th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Customers of State-run BSNL will be able to make free unlimited calls on every Sunday. “BSNL...customers will be able to make unlimited free voice calling from a BSNL landline to any network mobile and landline in the country on August 15, and thereafter every Sunday,” Telecom Minister Manoj Sinha said in a statement. At present, it offers unlimited night calling on any network in the country between 9 pm to 7 am as complimentary service for all its customers. BSNL commands around 57 per cent market share with 14.35 m...

  • Oil prices extend gains on Saudi minister’s comments

    Posted on : Saturday 13th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Oil prices climbed further on Friday as investors were digesting the latest remarks from Saudi Energy Minister. Saudi Energy Minister Khalid al-Falih said on Thursday that members of the Organisation of Petroleum Exporting Countries (OPEC) as well as non-members would discuss the market situation, including any action that may be required to stabilise prices, during an informal meeting on September 26-28 in Algeria. Earlier this week, a statement by OPEC said members of the group were “in constant deliberations on ways and mean...

  • NPCI tightens security as criminals target ATMs, e-banking

    Posted on : Saturday 13th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The recent arrest of a Romanian national in Mumbai in connection with fraudulent cash withdrawals at ATMs in Kerala’s capital Thiruvananthapuram has brought the issue of card security into focus even as more Indians use credit, debit and ATM cards to either pay for goods and services or withdraw cash. Separately, the Reserve Bank of India (RBI) on Thursday sought comments from the public on its draft circular on ‘Customer Protection — Limiting Liability of Customers in Unauthorised Electronic Banking Transactions’...

  • Reliance Jio alleges telcos blocking its network, deterring launch

    Posted on : Friday 12th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    A war of words has broken out between existing telecom operators and newcomer Reliance Jio after their lobby group COAI called the latter’s testing of network a bypass of regulations, with the Mukesh Ambani firm hitting back saying the charge is a bid to block its rollout. The Cellular Operators Association of India (COAI), which has members including Bharti Airtel, Idea and Vodafone, on August 8 wrote to the Department of Telecom (DoT) demanding that Reliance Jio Infocomm Ltd (RJIL) or RJio immediately stop all connections provide...

  • Won’t allow foreign deposit redemptions to disrupt market: Raghuram Rajan

    Posted on : Tuesday 9th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Allaying fears of market disruption in view of $20 billion worth of redemptions in foreign deposit accounts in the coming months, the Reserve Bank today said it will continue with domestic liquidity operations and foreign exchange interventions to ensure smooth repayments. In the Third Bi-monthly Policy Statement for 2016-17, RBI Governor Raghuram Rajan said that as regards the management of the imminent FCNR(B) redemptions, the central bank has been frontloading liquidity provision through open market operations and spot interventions/deliv...

  • Apple iPhone 7 will have a new pressure-sensitive home button

    Posted on : Tuesday 9th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 7’s launch is just a couple of weeks away, and rumours have already claimed to reveal most of the features of the upcoming devices. Now notable journalist Mark Gurman, who has accurately predicted Apple iPhone, MacBook, iPad rumours in the past for 9to5Mac, confirmed in a new report for Bloomberg the iPhone 7 series will have a dual-rear camera, a home button with taptic feedback (similar to what Apple Watch has). And yes, the 2016 series will mark the end of the headphone jack. The death of the 3.5 headphone jack is w...

  • Crude oil futures up 0.83 per cent on overseas cues

    Posted on : Monday 8th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Crude oil futures rose by 0.83 per cent to Rs 2,809 per barrel today as speculators raised their bets amid a firm trend overseas. In futures trading at the Multi Commodity Exchange, crude oil for delivery in current month was trading higher by Rs 23, or 0.83 per cent at Rs 2,809 per barrel in 3,341 lots. On similar lines, crude for delivery in September was trading higher by Rs 21, or 0.74 per cent at Rs 2,875 per barrel in a business turnover of 295 lots. Analysts said rise in crude oil futures was largely in tandem with a firming trend...

  • Rupee weakens 6 paise against dollar

    Posted on : Monday 8th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee weakened 6 paise to 66.83 against the US dollar in early trade at the Interbank Foreign Exchange on Monday following fresh demand for the American currency from banks and importers. Moreover, the US dollar’s gains against some currencies overseas on strong jobs data put the rupee on the backfoot, forex dealers said. However, a higher opening of the domestic equity market capped the rupee’s losses. The rupee had strengthened further by 14 paise to end at 66.77 against the US currency on Friday on the back of sustaine...

  • Zebronics BTRUCF fantasy 2.1 speakers launched at Rs 2,626

    Posted on : Saturday 6th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Zebronics has launched its latest in Fantasy speaker series called BTRUCF. The company claims that the speakers can deliver an enriching music experience and are for loud music listeners, promising high bass. The BTRUCF 2.1 speakers will be priced at Rs 2,626. Fantasy BTRUCF speakers come with a glossy front panel and LED display. According to Zebronics, the speakers are 27W sound monster certified for sound output, the sub-woofer comes with a 12.7cms inch full-range driver for satellites and the satellite speakers are powered by 7.62cms...

  • Government pegs inflation target at 4% for five years

    Posted on : Saturday 6th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Government on Friday notified 4 per cent inflation target with a range of plus/minus 2 per cent for the next five years under the monetary policy framework agreement with the Reserve Bank. “In view of the powers conferred by Section 45ZA of the RBI Act 1934, the central government, in consultation with the bank, hereby notifies the inflation target beginning from the date of publication of this notification and ending on the March 31, 2021,” said the Government notification tabled in the Lok Sabha. The notification fixes infl...

  • Amazon unveils cargo plane as it expands delivery network

    Posted on : Friday 5th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Seattle-based Amazon is unveiling its first branded cargo plane at the annual Seafair Air Show, one of 40 jetliners that will make up Amazon’s own air transportation network. It’s Amazon’s latest push to speed delivery of products to millions of its online shoppers drawn to fast, no-extra-cost delivery. The e-commerce giant is taking more control of its delivery process as it ships an increasing number of packages worldwide. Amazon’s parcel volume was an estimated 1 billion packages in 2015 the same number that Fe...

  • GST positive for growth; more reforms may see slow progress, says Moody’s

    Posted on : Thursday 4th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Moody’s Investors Service on Thursday, said the GST implementation will be positive for the country’s economic growth without any significant impact on inflation, but cautioned that other “controversial reforms” may witness a slower progress. The long-pending indirect tax reform Goods and Services Tax (GST) Constitutional Amendment Bill was passed by the Rajya Sabha, on Wednesday. The passage of GST is in line with an assessment that progress in reforms will be gradual and dependent on ad-hoc political support...

  • iPhone 7 Blue colour variant teased by Apple partner

    Posted on : Thursday 4th of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhones have become the most leaked smartphones in the recent years. Just ahead of the launch, there are often reports which give us a fair idea what to expect from the next Cupertino branded smartphone. This year, so far, has been no exception. First we heard rumours of Apple not changing the design of iPhone 7 this year and Apple CEO Tim Cook himself called it a compelling device to upgrade. Recently there were even videos which showed what exactly the iPhone 7 might look like but today we have a very contructive leak coming from...

  • Apple iPhone 6 explodes, leaving user with severe burns

    Posted on : Wednesday 3rd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    In a bizarre accident, a man in New South Wales received severe burns when his Apple iPhone 6 exploded in his back pocket while he was mountain biking, media reported on Tuesday. Gareth Clear, 36, from Bondi in Australia was riding around Manly Dam in New South Wales on Sunday when he fell off his bike, landing on his iPhone 6. “Seconds later, he noticed smoke and a searing heat, before hearing an explosion as the phone he’d had for just six months ignited, melting through his shorts and two layers of skin on his upper right ...

  • RJio triggers data war: Now, Vodafone data pack rates slashed by up to 67%

    Posted on : Tuesday 2nd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Following rate cuts by major operators Airtel and Idea Cellular, Vodafone came out with promotional schemes offering up to 67 per cent more data of 2G, 3G and 4G services at same price during this month. “Under the revised data benefits, the 3GB 3G/4G monthly recharge pack, which was earlier priced at approximately Rs 650 will now offer 5 GB data, an increase of 67 per cent,” Vodafone said in a statement. Similarly, the Rs 449 scheme of Vodafone for 3G/4G will now offers 50 per cent more data by increasing the data benefit to...

  • Rupee down 4 paise against dollar in early trade

    Posted on : Tuesday 2nd of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee weakened by 4 paise to 66.78 against the dollar in early trade today at the Interbank Foreign Exchange market on fresh demand for the American currency from importers. Forex dealers said the strength in dollar against some other currencies overseas weighed on the rupee but a higher opening in the domestic equity market capped the losses. The rupee had gained 28 paise against the American currency to settle at nearly two-month high at 66.74 in yesterday’s trade on persistent dollar selling by banks and exporters on hop...

  • Manufacturing sector growth hits 4-month high in July: PMI

    Posted on : Monday 1st of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Manufacturing sector in India continued with its uptrend and hit a four-month high in July, backed by stronger upturn in new business orders, while subdued inflationary pressure may prompt RBI to reduce key policy rate, a monthly survey said. The Nikkei Markit India Manufacturing Purchasing Managers’ Index (PMI) — a composite indicator of manufacturing performance — rose to 51.8 in July from 51.7 in June. A reading above 50 denotes expansion while one below means contraction. “India’s manufacturing e...

  • Maruti sales rise 13% in July

    Posted on : Monday 1st of August 2016
    kuwaitindian news,kuwait local news,kuwait news

    Country’s largest car-maker Maruti Suzuki India (MSI) on Monday posted a 12.7 per cent rise in its total sales in July at 1,37,116 units as against 1,21,712 units in the same month a year ago. The company posted its best ever monthly domestic sales at 1,25,778 units, up 13.9 per cent from 1,10,405 units in July 2015. Sales of mini segment cars, including, Alto and WagonR, however, declined by 7.2 per cent to 35,051 units as compared to 37,752 units in the year-ago month, MSI said in a statement. The company said sales of th...

  • 7th Pay Commission: Employees To Get Arrears In One Instalment

    Posted on : Saturday 30th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Government has decided to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one go in August salaries. The government has already notified the 2.57-time hike in basic salary of one crore government employees and pensioners as per the 7th Pay Commission recommendations. The pay hike has been made effective from January 1, 2016. In an instruction, the Finance Ministry also said that the revised pay structure effective from January 1, 2016, would include the Dearness Allowance of 125 per ...

  • Total telephone subscription declines in the month of May, says Telecom regulator

    Posted on : Saturday 30th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Hit by lower subscriptions in urban areas, the total number of telephone users in India declined from 1,059.29 million at the end of April 2016 to 1,058.03 million at the end of May 2016, showing a monthly fall in growth rate of 0.12 per cent, official data published by the sector regulator showed on Friday. The urban subscription declined from 607.21 million at the end of April to 604.98 million at the end of May whereas the rural subscription increased from 452.08 million to 453.05 million during the same period. The monthly growth...

  • Rupee extends gains for fourth day vs dollar, ends up by 2 paise

    Posted on : Saturday 30th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Extending its gains for the fourth straight day, the rupee on Friday firmed up further by 2 paise to settle at 67.02 a dollar as banks and exporters continued to sell the US currency amid persistent capital inflows. A weak dollar in overseas market also boosted the rupee sentiment, a forex dealer said. Foreign portfolio investors (FPIs) and institutional investors (FIIs) bought shares worth a net Rs 1,767.06 crore on Thursday, as per the provisional data released by stock exchanges. The rupee opened flat at 67.04 a dollar from ye...

  • Xiaomi Redmi 3s to launch in India soon

    Posted on : Saturday 30th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi’s next device in India will be the Redmi 3s. Redmi 3S will be another addition in the Redmi series and we’ll have to wait and see what sort of pricing strategy Xiaomi goes with when it launches this phone. Whether Xiaomi launches this with different specifications than China will also be revealed at launch, though that has usually been the case with most of its phone launches in India. Redmi 3S, which has the look and feel of the Redmi Note 3 if you go by the photos based on the company’s China website, might giv...

  • Microsoft to cut additional 2,850 jobs from smartphone sector

    Posted on : Friday 29th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Hurt by a failed $7.6 billion Nokia experiment amid growing losses in the smartphone hardware business segment, Microsoft has announced to lay off an additional 2,850 workers to the previously 1,850 jobs it said it would cut. In a regulatory filing, the tech giant said it will cut 4,700 jobs globally by the end of fiscal year 2017, PC World reported on Friday. Last June, Microsoft had announced it will cut 7,400 jobs from the smartphone business unit. Earlier in May, signalling the end of its Nokia experiment, Microsoft announced...

  • Apple iPhone 2016 pre-orders to start on September 9?

    Posted on : Friday 29th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 2016, also rumoured to be called iPhone 6SE, is just a few weeks away and it seems we already have a pre-order date even before the launch. Noted Twitter user Evan Blass, who writes for Venture Beat, has tipped that Apple’s newest iPhones could go on pre-order from September 9. In an earlier leak, Blass had revealed that the new iPhones will release in the week of September 12. Apple generally releases its latest iPhones in September, and according to leak the latest iPhones won’t be much different from the curre...

  • Lloyds to cut 3,000 jobs after Brexit shock

    Posted on : Thursday 28th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Lloyds Banking Group said on Thursday it would step up its cost cutting plans to help to offset a more testing economic environment caused by Britain's vote to quit the European Union. Britain's largest retail bank aims to save £ 400 million ($528.56 million) by end-2017 by axing a further 3,000 jobs and closing an additional 200 branches to protect its earnings and dividends against the effects of lower-for-longer interest rates. Lloyds, rescued in a £20.5 billion taxpayer bail-out during the financial crisis, is...

  • Samsung beat Apple in smartphone shipments amid positive results

    Posted on : Thursday 28th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Riding on the strong sales of its Galaxy S7 and Galaxy S7 Edge smartphones, Samsung Electronics on Thursday declared 8.14 trillion won ($7billion) year on-year operating profit - 18 per cent- in the second quarter results. Touted as a bad news for Apple that saw a 15 per cent decline in iPhone sales in its second quarter results announced this week, Samsung saw substantial earnings improvement led by sales of its flagship products such as Galaxy S7 and S7 edge. A streamlined mid-to low-end smartphone lineup also contributed to improv...

  • Facebook Q2 results for 2016: 1.7 billion users with mobile dominating

    Posted on : Thursday 28th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook has announced its second quarter results for 2016, which highlight just how dominant mobile is for the social media network. The company beat Wall Street expectations on revenue and growth with mobile advertising revenue representing approximately 84 per cent of advertising revenue in the quarter. Facebook’s overall revenue stood at $6.44 billion. While mobile advertising revenue continues to rise, Facebook user base is now well ahead of all rivals, and the company’s Daily Active Users (DAUs) and Monthly Active Users...

  • 10 Lakh Bank Employees To Go On One-Day Strike

    Posted on : Wednesday 27th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Chennai: With conciliation meeting between the United Forum of Bank Unions (UFBU) that has given a strike call on July 29, the Indian Banks Association (IBA) and the central government failing on Tuesday, the strike call stands, said a top leader of All India Bank Employees' Association (AIBEA). In a statement issued here, AIBEA General Secretary C.H.Venkatachalam said while the union representatives put forth their views on the various issuses nothing came out from the side of IBA or government representatives. He said the IBA o...

  • Sensex climbs 144 points in early trade; Nifty recaptures the 8,600-level

    Posted on : Wednesday 27th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Market staged a strong comeback after yesterday’s losses in early trade today as the BSE Sensex recovered by about 144 points following widespread buying amid rising hopes over passage of the GST bill in Parliament. Moreover, sustained foreign fund inflows and a mixed trend at other Asian markets on caution ahead of the US Federal Reserve’s policy decision later in the day, influenced market sentiment. The Sensex, which had lost 118.82 points on Tuesday’s trade, was trading higher by 143.87 points, or 0.51 per cent ...

  • Apple Q3 results: iPhone sales beat forecast, revenue hits $42 billion

    Posted on : Wednesday 27th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts’ targets, soothing fears that demand for the company’s most important product had hit a wall. Its shares rose 7 percent in after-hours trading. The world’s most valuable publicly traded company said it sold 40.4 million iPhones in the third quarter, down 15 percent from the year-ago quarter but slightly more than the average analyst forecast of 40.02 million, according to...

  • India’s digital payments will be worth $500 bn by 2020: Google study

    Posted on : Tuesday 26th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    India’s digital payments industry will grow to $500 billion by 2020, and will account for 15 per cent of the country’s GDP, according to a study put together by Google and Boston Consulting Group (BCG). The study says more than 50 per cent of India’s internet users will use digital payments by the year 2020, and the top 100 million users will drive 70 per cent of the gross merchandise value (GMV) for these payments. The study is based on Nielsen’s qualitative and quantitative research with over 3,500 respondents, ...

  • Verizon buys Yahoo for $4.83 bn, marking end of an era

    Posted on : Tuesday 26th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. The purchase of Yahoo's operations will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, and give it access to Yahoo's ad technology tools, BrightRoll and Flurry, and assets such as search, mail and messenger. The deal, expected to close in early...

  • ‘Global steel prices to soften during July-December’

    Posted on : Monday 25th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Global steel prices are expected to decline in the second half of current calender year, after an upward rally during January-June, on account of decline in demand in China, the world’s largest consumer. However, BMI Research, a Fitch Group firm, said 2017 will usher in good news for the market with steel prices edging up higher. “We expect the January-June 2016 steel rally to fade and prices to head lower in the latter half of 2016 as declining Chinese steel demand growth, stemming from a slowdown of the country’s cons...

  • Kia Motors set to pick site for first India car plant by August

    Posted on : Saturday 23rd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    South Korea’s Kia Motors Corp is expected to pick a site next month for its first factory in India, stepping up plans to start making cars in one of the world’s fast-growing auto markets, two people familiar with the matter said. The move would enable Kia to leverage the existing supplier base of its affiliate Hyundai Motor Co, India’s second-biggest automaker by sales. The proposed factory would start production in 2019 and eventually have capacity to make 300,000 Kia vehicles a year, one of the people told Reuters - a...

  • Telecom Minister to meet telco CEOs over call drops issue

    Posted on : Saturday 23rd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Telecom Minister Manoj Sinha is scheduled to hold his first meeting with CEOs of mobile service providers on Monday to discuss industry issues in general and call drops in particular. “The minister has called a meeting with chief executive officers of telecom operators to discuss industry issue, including call drops,” an industry source told PTI. This will be first meeting of Sinha with the telecom leaders. On the one hand, the Telecom Ministry is gearing up for mega spectrum auction which will see airwaves worth Rs 5.66 ...

  • Gold climbs on global cues; silver tops Rs. 46,000 mark

    Posted on : Friday 22nd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Gold prices surged by Rs. 120 to Rs. 30,770 per 10 grams at the bullion market on Friday, tracking a firm trend overseas amid fresh buying by jewellers at domestic spot market. Silver also reclaimed the crucial Rs. 46,000 mark by recovering Rs. 500 to Rs. 46,200 per kg on increased offtake by industrial units and coin makers. Traders said a firm trend overseas where it rebounded from a three-week low after the European Central Bank said it will consider adding stimulus as needed, boosting demand for the precious metal, mainly led to ...

  • Reliance Jio’s 4G voice and data rollout in next three months: CLSA

    Posted on : Friday 22nd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Billionaire Mukesh Ambani’s telecom venture Reliance Jio may commercially launch 4G voice and high-speed data services in the next three months, brokerage CLSA said today. “Several indicators suggest a strong possibility of commercial launch of Jio’s services within the next three months ahead of festive season in October… Jio may already be handling the second-highest data traffic among all telecom operators and could ramp up close to the highest even before launch,” it said in a note. The company mana...

  • Rupee weakens 5 paise against dollar in early trade

    Posted on : Thursday 21st of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade at the Interbank Foreign Exchange market due to sustained demand for the American currency from importers and banks. Dealers attributed the rupee’s fall to increased demand for the American unit from importers and dollar’s strength against some other currencies overseas. However, a higher opening in the domestic equity market capped the losses. The rupee had ended lower by 10 paise to 67.20 against dollar in Wednesday’s trade due to fresh dem...

  • Government relaxes local sourcing norm for tech innovators

    Posted on : Thursday 21st of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Cabinet on Wednesday approved a three-year exemption from 30 per cent annual local sourcing required for foreign single-brand retail companies with “cutting-edge technology”, paving the way for global players like Apple to open their first retail store in India. Also, companies like Apple will be given the flexibility to source an average of 30 per cent locally over a five-year period once the 3-year exemption from the sourcing rule is over. These changes were announced last month by the Department of Industrial Policy an...

  • Tata is most valuable brand despite 11% decline in value

    Posted on : Wednesday 20th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tata remained India’s most valuable brand in 2015-16 with a brand valuation of $13.7 billion despite 11 per cent value erosion during the year due to troubles concerning its steel business in the U.K, according to Brand Finance India. “There has been a sharp decline in value this year. The current state of vulnerability the steel industry faces has created instability and Tatas were prey to the volatility,” said Ajimon Francis, Country Head, Brand Finance India that has come out with the rankings of top 100 most valued ...

  • Sensex extend gains, up 117 points in early trade

    Posted on : Wednesday 20th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark BSE Sensex advanced over 117 points on Wednesday on increased buying by investors, tracking mixed Asian cues. Rising for the second straight session, the 30-share barometer rose further by 117.09 points, or 0.42 per cent, to 27,904.71 with healthcare, oil and gas, power, realty, FMCG, PSU and auto stocks rising up to 0.94 per cent. The gauge had gained 40.96 points in the previous session.Also, the NSE Nifty went up by 29.05 points, or 0.34 per cent, to 8.557.60. Brokers said sustained buying by investors in blue ch...

  • Coca-Cola appoints Sarvita Sethi VP Finance for India, South West Asia

    Posted on : Tuesday 19th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Beverages major Coca-Cola on July 18 announced the appointment of Sarvita Sethi as Vice President-Finance for India and South West Asia. Sethi takes over from Sanjeev Kumar, who moves to Lagos as Director Finance, Coca-Cola West Africa. She will report to Venkatesh Kini, President, Coca-Cola India and South West Asia, the company said in a statement. The India and South West Asia Business Unit of The Coca-Cola Company includes Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives, besides India. “Kumar, a 20-year veteran of The...

  • Value of the Rupee is pretty reasonable: Raghuram Rajan at NIRD

    Posted on : Tuesday 19th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Former RBI chief Raghuram Rajan on Monday said he believed that at present the devaluation of the Rupee may offset any benefits gained from devaluation. “My belief is that, today’s value of the Rupee is pretty reasonable and I don’t think we should emphasize moving one way or the other as the answer to any problem,’’ Rajan said while speaking at the inaugural session of the national seminar on ‘Equity, Access and Inclusion-Transforming Rural India through Financial Inclusion’ at the National Inst...

  • Rupee slips 11 paise against dollar in early trade

    Posted on : Monday 18th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee was trading lower by 11 paise at 67.18 against the US dollar in early trade at the Interbank Foreign Exchange today on increased demand for the American currency from importers and banks. Dealers attributed the rupee’s fall to increased demand for the US currency, but dollar’s weakness against some currencies overseas and a higher opening in domestic equity market restricted the fall. On Friday, the rupee had dropped 16 paise to 67.07 a dollar on fresh demand for the US currency from banks and importers amid fall in...

  • Reliance Jio to roll out 4G in all circles except four

    Posted on : Monday 18th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Speculations came to an end with the announcement of Reliance Industries much-awaited commercial launch of the Reliance Jio Infocomm to start offering its 4G services, barring four circles where it could take four to six more weeks to prepare the network. The announcement was made during the first-quarter earnings briefing of Reliance Industries. Head of strategy and planning at Reliance Jio, Anshuman Thakur, said: “We had thought that we would launch once our 850 MHz network was integrated, because we don’t want to be wo...

  • Sensex dives 106 points as IT tanks after Infosys cuts guidance

    Posted on : Saturday 16th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Technology stocks took a hammering in the wake of muted guidance from Infosys, which pulled down the benchmark Sensex 106 points below the 28,000 mark at the close, while a ‘terror attack’ in France kept the market on the edge. The IT index bore the brunt after Infosys slashed its full-year revenue guidance, which triggered a massive sell-off in the technology sector pack, where the fall was across the board. Risk sentiment soured further after a gunman ploughed a truck into a crowd in France, killing at least 80 people, ...

  • Reliance Retail’s Q1 pre-tax profit jumps 21% to Rs 240 crore

    Posted on : Saturday 16th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reliance Retail, the retail arm of Reliance Industries, on Friday reported a 21.21 per cent increase in its pre-tax profit at Rs 240 crore for the first quarter ended June 30. Reliance Retail had reported a PBDIT (profit before depreciation and income tax) of Rs 198 crore in the same period last fiscal. Reliance Retail’s turnover jumped by 45.80 per cent to Rs 6,666 crore in the quarter under review as against Rs 4,572 crore in the year-ago period, Reliance Industries said in a regulatory filing. “The increase in turn...

  • TCS net profit up 10% to Rs 6,317 cr for Q1

    Posted on : Friday 15th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    India’s largest software services firm TCS on July 14 reported 9.9 per cent rise in consolidated net profit to Rs 6,317 crore for the first quarter ended June 30, 2016-17. It had posted net profit of Rs 5,747 crore in the April-June period of the 2015-16 fiscal, the Mumbai-based firm said in a BSE filing. The company’s consolidated revenue jumped 14.2 per cent to Rs 29,305 crore for the first quarter of the current fiscal, as against Rs 25,668 crore in the year-ago period. The figures are as per Indian Accounting Standard...

  • UBS retains positions as world’s biggest private bank: Study

    Posted on : Thursday 14th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    UBS kept its ranking as the world’s biggest private bank last year, a study by wealth management researcher Scorpio Partnership showed on Thursday. With $1,737.5 billion of assets under management, UBS retained its highly-prized first place in 2015, staying nearly $300 billion ahead Bank of America Merrill Lynch which replaced Morgan Stanley in second place. UBS, Switzerland’s biggest bank, saw a 1 per cent fall in managed assets in 2015, while BofA Merrill Lynch’s managed assets dropped 2 per cent and Morgan Stanle...

  • UK leadership change raises risk of looser fiscal stance: Moody’s

    Posted on : Wednesday 13th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Ratings agency Moody’s Investors Service welcomed the faster-than-anticipated change in leadership of Britain’s government but said it also increased the risk of a looser fiscal stance. “It is positive that the period to select a new prime minister will be shorter than anticipated. But the important question is how the negotiations around the EU withdrawal unfold and, ultimately, what alternative trade arrangements are put in place,” Kathrin Muehlbronner, Senior Vice President at Moody’s said in an emailed s...

  • Samsung India to focus on new smartphone launches to boost market share

    Posted on : Wednesday 13th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Being the leader in the Indian smartphone market, Samsung India Electronics will now focus on new launches with innovative features to maintain its position and gain more market share, a top company official said here on Tuesday. “We continue to focus on all the segments of mobile phones with different price points and value proposition. Innovation is important and understanding of the innovation is immense. As leader of the market, we will continue to launch new products with innovative features,” said Manu Sharma, Vice Pres...

  • Quality of growth improving, but job creation is key: Crisil

    Posted on : Tuesday 12th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Quality of the country’s growth is improving with focus shifting from boosting cyclical growth through fiscal and monetary stimuli to “repairing the system and initiating structural reforms”, rating agency Crisil said. “The biggest positive is that the policy focus hasn’t been based on populism, or on boosting cyclical growth through fiscal and monetary stimuli, but on improving the ‘trend’ growth by repairing the system and initiating structural reforms wherever possible,” it said in a rep...

  • Google launches Android Certificate and Skilling program in India

    Posted on : Tuesday 12th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google India today launched the ‘Android Skilling’ program in the country that will aim to train two million Android app developers. The new certification program will unveil a slew of initiatives to skill, educate, and certify millions of students and developers in Android Development. Google announced the launch of a specially designed instructor-led training program on Android Fundamentals. This will be made available across public, private universities and training institutes of the National Skill Development Corporation ...

  • Sensex rallies 464 points, Nifty above 8,400 on Asian leads

    Posted on : Monday 11th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Benchmark Sensex surged over 464 points to an almost 9-month high of 27,591 and the NSE Nifty retook the 8,400-mark in early session today, primarily driven by a flurry of buying activity, reflecting firm Asian cues. Mood took on shine in Asia with Tokyo’s Nikkei leading the charge, after Japanese Prime Minister Shinzo Abe’s ruling party’s victory in parliamentary elections boosted hopes for a fresh stimulus and weekend gains in the U.S. following solid job creation in June, dealers said. The 30-share index shot up ...

  • Xiaomi Mi 5s render reveals dual rear camera

    Posted on : Saturday 9th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Xiaomi’s Mi 5s smartphone will sport a dual rear camera setup, reveals rendered image of the device. The render posted on GizmoChina site has dual camera lens and flash placed one besides the other. Xiaomi Mi 5s is a variant of company’s flagship Mi 5. The smartphone is expected to hit the markets later this year. A report on MyDrivers reveal Mi 5s could come with a pressure-sensitive display, similar to Apple’s 3D Touch. The high-end Mi 5s will come with 6GB RAM, claims the report. Mi 5s could be the first Xiaomi s...

  • RBI board discusses new panel to set policy rates

    Posted on : Friday 8th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    The Central Board of the Reserve Bank of India (RBI) on Thursday discussed the constitution of the Monetary Policy Committee (MPC), a panel to be jointly constituted by the government and the RBI that would determine the interest rates. The board which met in Bengaluru discussed, among other issues, macro economic developments and two other specific areas of operations — RBI’s budget and constitution of MPC, the RBI said. “The board also reviewed the activities of the Board for Payment and Settlement System for the year...

  • Galaxy phones drive 17 percent jump in Samsung's 2Q profit

    Posted on : Thursday 7th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Samsung Electronics said Thursday that its second-quarter operating income jumped 17 percent over a year earlier to the highest quarterly profit in more than in the last two years, as strong sales of its Galaxy smartphones drove profit growth in the mobile business. In its earnings preview, the South Korean company put its operating income at 8.1 trillion won ($7 billion), compared with 6.9 trillion won a year earlier. That was much higher than forecasts. Analysts predicted 7.4 trillion won of operating income according to FactSet, a...

  • ZTE Nubia N1 launched in China with 5000 mAh battery, Mediatek P10 processor

    Posted on : Tuesday 5th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    ZTE Nubia N1 smartphone has been launched in China and will go on sale on the company’s official online store. The Nubia N1 is going on sale, a week after ZTE launched new Nubia 11, which features the Snapdragon 820 SoC and 6GB RAM. The Nubia N1 is priced at Yuan 1699 (which comes to Rs 17,182 on conversion) and users will have to register on the Nubia China website to buy the phone. ZTE Nubia N1 has a 5.5-inch full HD display at 1080p with 402 ppi density. Nubia N1 has an all-metal body made out of aircraft-grade aluminum, and...

  • Over 6 Lakh IT Jobs In India Could Go In Next Five Years: Report

    Posted on : Tuesday 5th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    India's $150 billion IT industry is one of the biggest employment generators, accounting for around 3.5 million white collared jobs in the country. However, the IT industry is experiencing tectonic shifts amid rising competition and increasing trend of automation. A report from US research firm HfS Research says that automation has put to risk 6.4 lakh low-skilled jobs - or nearly one in five jobs - in India's IT and BPO sector in next five years. At biggest risks are more routine or repetitive tasks in the IT sector. Automat...

  • Sensex slips 33 pts as profit-booking weighs

    Posted on : Tuesday 5th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark Sensex fell over 33 points in early trade today as investors booked profits in recent gainers amid mixed Asian cues. The 30-share barometer declined 33.44 points, or 0.12 percent, to 27,245.32, with sectoral indices led by power, realty, auto, capital goods and IT bringing about the fall. The index had risen over 881 points in the previous six sessions.The NSE Nifty was trading lower by 19.50 points, or 0.23 per cent, at 8,351.20. Brokers said that apart from profit-booking in recent gainers in an overbought market,...

  • Panasonic Eluga Note launched at Rs. 13,290

    Posted on : Monday 4th of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Panasonic India on Monday launched its 5.5-inch Eluga Note at Rs. 13,290. Eluga Note comes with a full-HD IPS (in-plane switching) display with bright and low-power consuming LTPS (Low Temperature Polycrystalline Silicon) display. “We are confident that ELUGA Note will enhance our market share as an emerging smartphones brand and further strengthen our position in the price band of Rs. 10,000-Rs. 15,000,” Pankaj Rana, business head, mobility division, Panasonic India, told reporters. The phablet is powered by a 1.3GHz oct...

  • Gold prices likely to remain high in the current year due to Brexit

    Posted on : Sunday 3rd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Gold prices likely to move up further in the current calendar year owing to uncertainties in the global markets as U.K. voted to exit from the European Union. Gold prices shot up to its highest level in three years, in the aftermath of the Brexit referendum, on last Friday, as investors rushed to grab safer assets, leaving equities and other risk assets, which were already facing selling pressure. Sluggish purchases The prices of gold hit a three-year peak at around $1,355 per ounce on June 23, and hovering between $1310 and 1,32...

  • Facebook to soon allow for native translation in 45 languages

    Posted on : Sunday 3rd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Social networking giant Facebook will soon make it easy for you to communicate with a global audience. The company is introducing a new software that automatically translates your posts to several different languages, a media report said on Saturday. The software makes your published posts visible to people in their preferred languages. All you need to do is type up a post, click on a pull-down menu, and add up to 45 different language translations – ranging from French to Filipino to Lithuanian, tech website CNET reported. The...

  • Hyundai Motor India sales up 7% at 55,713 units in June

    Posted on : Saturday 2nd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Hyundai Motor India on Friday reported 7 per cent increase in total sales at 55,713 units in June. The company had sold 52,062 units in June 2015 also, HMIL said in a statement. In domestic market, Hyundai sold 39,806 units last month as compared with 36,300 units in June last year, up 9.7 per cent. Exports rose marginally to 15,907 units as against 15,762 units in the same period in 2015. HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: “Hyundai volumes grew by 9.7 per cent with sales of 39,806 ...

  • Spotify hits out at Apple for not allowing updated app for iPhones

    Posted on : Saturday 2nd of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Spotify confirmed on Friday that it has complained to Apple Inc after the U.S. tech giant rejected an updated app for the Swedish music streaming service on iPhones. The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched in more than 100 countries last year, and Spotify said the rejection of its revised app for iPhones was causing it “grave harm”. The complaint was in the form of a letter sent by Spotify’s lawyer to Apple this week, technology website Reco...

  • Brexit: IMF warns of repercussions for global economy

    Posted on : Friday 1st of July 2016
    kuwaitindian news,kuwait local news,kuwait news

    Britain’s decision to leave the European Union has created “significant uncertainty” that will have repercussions not only for UK and Europe, but the global economy, the International Monetary Fund has warned. IMF spokesperson Gerry Rice said the Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while dealing with the situation. “Brexit has created significant uncertainty, and we believe this is likely to dampen growth in the near term, particularly in...

  • Raghuram Rajan meets Arun Jaitley

    Posted on : Thursday 30th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reserve Bank Governor Raghuram Rajan on Thursday called on Finance Minister Arun Jaitley as the central bank and the government seek to quickly put in place a new interest rate-setting mechanism. “Finance Ministry and RBI keep talking all the time,” Mr. Rajan told reporters after meeting Mr. Jaitley at his office here. In sweeping changes, a broad-based 6-member panel —— the Monetary Policy Committee (MPC) —— is being set up to decide on lending rates instead of the present practice of RBI Governor...

  • Google is working on an internet speed tool built into search: Report

    Posted on : Thursday 30th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google is planning to build its own internet speed test tool right into the web search result. The company wants to take charge of typical user behaviour of checking internet speed via Google search, which generally leads to Ookla’s speed test page. According to The Next Web, Google wants to create its own way of testing user’s internet speed. This comes at a time when Netflix has announced its own speed test tool called Fast. The upcoming search feature was first spotted by Peter Meyers and the tests seem to be performed...

  • ZTE Nubia 11 launched with 6GB RAM, Snapdragon 820 SoC

    Posted on : Wednesday 29th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    ZTE Nubia 11 has been launched by the Chinese player and it will go on sale July 6 in the country. ZTE’s Nubia 11 follows the trend of 6GB RAM smartphones. The company has introduced two versions: one with 4GB RAM and 64GB storage price at Yuan 2,499 (Rs 25,459 on conversion), while the 6GB RAM and 128GB storage will cost Yuan 3,499 (Rs 35,646 on conversion). Zubia Nubia 11 has a 5.5-inch full-HD display (1080p) at 403 ppi, Corning Gorilla Glass 3 for protection, and runs the Qualcomm Snapdragon 820 quad-core processor clocked ...

  • Tata Communications to sell subsidiary Neotel for Rs 2,904 crore

    Posted on : Tuesday 28th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tata Communications on June 28 said Liquid Telecom, a privately-owned, pan-Africa telecom group, majority owned by Econet Wireless Global, has entered into an agreement to acquire its subsidiary Neotel for South African Rand 6.55 billion (Rs 2,904 crore). “The shareholders of Neotel — Tata Communications of India and minority shareholders led by Nexus Connexion — have agreed for Liquid Telecom to acquire Neotel for ZAR 6.55 billion,” Tata Communications said in a BSE filing. It further said: “Liquid Tele...

  • Sensex shrugs off Brexit fears, climbs 82 points

    Posted on : Tuesday 28th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Market showed signs of resilience as the Sensex rose by over 82 points to 26,485.28 on Tuesday after value-buying by investors offset concerns from the U.K.’s shock exit from the European Union. Besides, short-covering ahead of June derivatives expiry on Thursday gave the upside some traction. The 30-share barometer advanced by 82.32 points or 0.31 per cent to 26,485.28 in early trade. The index had ended flat by rising 5 points in the previous volatile session. Sectoral indices led by capital goods, oil and gas, PSU, power, re...

  • Google is working on its own smartphone, could launch this year: Report

    Posted on : Monday 27th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Google might launch its own smartphone, which will end up competing directly with Apple’s iPhone and the Samsung Galaxy top-end series, says a new report. A new report by Telegraph UK cites senior sources in Google, and adds the company plans to tighten its grip on Android. Telegraph’s report says, “Google is in discussions with mobile operators about releasing a Google-branded phone,” and the new device will be released by the end of the year. The report indicates Google wants more control over design, manufa...

  • Rupee recovers 12 paise against dollar in early trade

    Posted on : Monday 27th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    The rupee shook off some of its earlier weakness and recovered 12 paise to 67.84 against the dollar today on increased selling of the US currency by banks and exporters. A lower opening in the domestic stock market and dollar’s strength against some currencies overseas poured cold water on the rupee’s gain, dealers said. The rupee, hit by the Brexit panic wave, had plunged as much as 71 paise to end at a four-month low of 67.96 on June 24 on fresh demand for the US currency as the latter rose overseas amid a sharp fall in...

  • Sky Is The Limit For Investments In India: Arun Jaitley

    Posted on : Saturday 25th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Beijing: Sky is the limit for investments in India and its economic growth is sustainable because it has a lot of distance to cover, Finance Minister Arun Jaitley said on Saturday. "It (growth) is sustainable for the reason that India has lot of distance in terms of economic growth to cover," Mr Jaitley, who is here on a five-day visit, told Chinese state-run CCTV in an interview. In view of this a lot of potential exists for investments in infrastructure, urbanisation, housing, power, water and social sector, he said. ...

  • Ready to act on any 'disorderly behavior': Rajan on Brexit

    Posted on : Saturday 25th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Reserve Bank Governor Raghuram Rajan on Friday said the central bank was watching markets closely on the fallout of UK voting for exit from the European Union and was ready to act if there was any disorderly behavior. In a statement, Rajan said it looks increasingly clear that the United Kingdom has voted to exit the European Union."The RBI is watching all the markets... we are ready to act when there is disorderly conduct, disorderly behavior (in the markets)," he said. Markets, he said, are trying to factor the...

  • Intex Aqua Classic launched with 5-inch display at Rs 4,444

    Posted on : Saturday 25th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Intex has launched a new budget smartphone in its Aqua series. Intex Aqua Classic is a 3G smartphone priced at Rs 4,444. Intex Aqua Classic features a 5-inch display with a resolution of 480 x 854 pixels. The device is powered by a 1.2GHz quad-core processor coupled with 1GB RAM and 8GB storage. “With the launch of new Aqua Classic, we are looking to offer a unified smartphone experience, which makes their lives simpler and at the same time more amazing with benefits that come with the smartphone. With the latest design and div...

  • Gold prices jump 6%, highest in last three years

    Posted on : Friday 24th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Gold prices in India jumped 6 percent on Friday to their highest level in nearly three years following gains in overseas markets and on a weaker rupee. At 0457 GMT, the key gold contract for August delivery on the Multi Commodity Exchange was up 6 percent at 31,708 rupees per 10 grams, the highest level since Sept. 9, 2013. Global gold prices jumped 6 percent on Friday after partial results in a UK referendum put Britain on the brink of leaving the European Union, boosting the appetite for safe-haven assets. The Indian rupee was ...

  • RCom to provide 4G data at Rs 93 for 10 GB data on RJio network

    Posted on : Friday 24th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Telecom operator Reliance Communications will start offering 4G service using Reliance Jio network to its CDMA customers in select circles at a starting price of Rs 93 per 10 gigabytes. “RCom has written to the Department of Telecom, informing (the department) that it will be using Reliance Jio Infocomm 4G network to provide 4G data service to its CDMA customers from next week. Only those CDMA customers who opted for the upgrade will get the service,” an official source told PTI. Of the 8 million RCom’s CDMA custome...

  • Rupee rises 15 paise against dollar in early trade

    Posted on : Thursday 23rd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee appreciated 15 paise to 67.33 against the US dollar in early trade today on increased selling of the American currency by bankers and exporters. Moreover, weakening of dollar overseas against other currencies also supported the domestic currency, dealers said. Gain in stock market in early trade also helped rupee strengthen against the dollar, they added. Yesterday, rupee had ended flat at 67.48 against the US dollar on fag-end selling of the greenback by bankers and exporters in view of a weak dollar in overseas markets. ...

  • HP Spectre, world’s thinnest laptop comes to India: Price, features and specifications

    Posted on : Wednesday 22nd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    HP Spectre, the world’s thinnest laptop has been launched in India at Rs 1,19,900. The laptop will be available from June 25. At just 10.4mm thickness, HP Spectre is slimmer than Asus’ Zenfone Max smartphone, which hits the scale at 10.6mm. The total weight of the notebook is just 1.11kg, and the display has Gorilla Glass 4 for protection. HP Spectre has Bang & Olufsen Audio with Quad Speakers sound. HP Spectre features a 13.3-inch Full HD display, setting a new benchmark for thinnest 13-inch notebooks out there. ...

  • British IT firm merges with Indian software company

    Posted on : Tuesday 21st of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    British IT and software firm RSK Business Solutions has merged with its Indian partner BSL Information Technology to jointly deliver consultancy services in different parts of the world. England-headquartered RSK Business Solutions Limited with its headquarters in England (RSK BSL) merged with its Gurgaon-based Indian partner BSL Information Technology Private Limited (BSLi) to create UK-registered RSK Business Solutions Holdings Limited. The merger will enable both entities to jointly expand services to new regions and markets, the ...

  • Apple Stores could come to India soon after FDI norms relaxed

    Posted on : Tuesday 21st of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc could open its first stores in India, and might eventually start manufacturing in the country under new foreign investment rules for retailers outlined on Monday. The new rules exempt foreign retailers for three years from a requirement to source 30 percent of the goods sold in company-owned stores locally. That would allow Apple, which currently sells its iPhones, iMacs and iPads through resellers, to set up its own shops in India, ending months of uncertainty for the California-based company that had first applied for sto...

  • World’s first 1,000-processor microchip created in US university

    Posted on : Monday 20th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Scientists have designed the world’s first microchip containing 1,000 independent programmable processors, that can compute upto 1.78 trillion instructions per second, and is thought to be the fastest ever designed at a university. The energy-efficient “KiloCore” chip contains 621 million transistors, researchers said. “To the best of our knowledge, it is the world’s first 1,000-processor chip and it is the highest clock-rate processor ever designed in a university,” said Bevan Baas, professor at t...

  • Apple ordered to suspend iPhone 6 sales in Beijing

    Posted on : Saturday 18th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    A Chinese regulator has ordered Apple Inc. to stop selling two versions of its iPhone 6 in Beijing after finding they look too much like a competitor, but Apple says sales are going ahead while it appeals. The ruling by an intellectual property tribunal is the latest legal stumbling block for Apple in its second-biggest global market following the suspension of its iTunes movie service in April. The company also faces rising competition from local brands including Huawei and Xiaomi, which have gained market share. The order by the Be...

  • Over 15.8 mn 4G devices imported in first quarter in India: CMR

    Posted on : Saturday 18th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Over 15.8 million 4G/LTE devices were imported in the first quarter of 2016 in India, a report said on Friday. Of these, 97.9 per cent were smartphones followed by internet data cards at 1.5 per cent and the remaining 0.6 per cent were tablet PCs. This amounts to 63 per cent of the cellular devices shipped through the quarter, said the report by market research company CyberMedia Research (CMR) “Quarterly India LTE Devices” report. “The smartphone industry was the first to bank upon the 4G wave. Now as the servi...

  • Hyundai should not hesitate to set up 3rd plant in India: Govt

    Posted on : Friday 17th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Government on Friday exhorted the country’s second largest car maker, Hyundai Motor India, to set up its third manufacturing plant here without hesitation as steps are being taken by the Centre to improve business environment and push manufacturing. Commerce and Industry Minister Nirmala Sitharaman said it is, however, up to the company to decide on the plant’s location. “I do not think there are enough reasons for you (Hyundai) to think more about it. It’s time that you set it up and this is a good time for H...

  • Apple iPhone 7 a minor upgrade, iPhone 8 to get all glass design: Report

    Posted on : Friday 17th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple iPhone 7 won’t see major design changes, instead it will be the iPhone 8 in 2017 that comes in a new design, points out a Wall Street Analysts report by Credit Suisse to investors. According to Apple Insider, Credit Suisse expects “Apple to see a ‘muted’ upgrade cycle for the anticipated ‘iPhone 7,’ widely expected to launch in September.” The report by analyst Kulbinder Garcha expects the 2017 iPhone (also the ten-year iPhone anniversary) to see a major design upgrade with a curved gla...

  • Airtel’s Open Network will show network coverage quality across India

    Posted on : Thursday 16th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Telecom major Bharti Airtel announced launch of a new platform — Open Network — that will show users the status of its network coverage and quality map across the country. “With this initiative, we are establishing complete transparency with regard to our mobile network and opening ourselves to customer scrutiny and feedback. Airtel customers can now take charge of network issues and be part of the solution,” Bharti Airtel MD and CEO for India and South Asia, Gopal Vittal said in a statement. This is being see...

  • Lenovo Moto Z with Mods coming to India by September-October

    Posted on : Thursday 16th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Lenovo-owned Motorola’s semi-modular Moto Z smartphones with Mods will be coming to India by September-October. The launch was confirmed Aymar de Lencquesaing, Senior Vice President, Lenovo Group, and Chairman & President of the Motorola Mobility group in an interaction with select members of the media. The Moto Z, Moto Z Force phones with support for Mods or add-on functional covers were showcased at Lenovo’s Tech World conference in San Francisco earlier this month. Mods can be snapped onto the two phones using 16 m...

  • Samsung top selling smartphone brand globally: Report

    Posted on : Wednesday 15th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    South Korean smartphone giant Samsung has sold the most number of smartphones worldwide in the first quarter of the year and is expected to sell 320 million smartphones by the end of the year, a new report said on Wednesday. According to US-based market research company IC Insights, buoyed by the strong sales growth of Galaxy S7 and S7 Edge, Samsung sold 81.5 million smartphones, followed by Apple with 51.6 million smartphones - in the first quarter. Although the list of top 12 smartphone makers is dominated by China-based smartphone...

  • India telcos’ mobile data revenue may hit Rs. 95.5K crores in 5yrs’

    Posted on : Wednesday 15th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Indian telecom operators are expected to rake in Rs. 95,500 crore in revenues from mobile data services over the next five years, says a report by ICRA. Mobile data revenues are expected to grow at a compounded annual growth rate (CAGR) of 21 per cent by financial year 2021 and are expected to contribute 34 per cent to the total mobile service earnings, the ratings agency said. At present, mobile data accounts for about 20 per cent of the telecom operators’ revenues, the report said. “Over the last five years, data re...

  • Airtel, Singtel team up for data biz in 325 cities globally

    Posted on : Tuesday 14th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Singapore Telecommunications and Bharti Airtel have joined hands to deliver high-speed data network coverage across 325 cities in the Asia-Pacific, the Middle-East, Africa, Europe and the US under one network. “This association will strongly enhance our value proposition for enterprise customers by offering them a wider global reach and the largest reach within India under a single platform,” Bharti Airtel Director, Strategic Ventures Manish Prakash said in a statement. This, in particular, will benefit companies in pharm...

  • RBI unveils new scheme to tackle bad loans of big firms

    Posted on : Tuesday 14th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    In a bid to further strengthen the lenders’ ability to deal with stressed assets and put real assets back on track, the Reserve Bank of India (RBI) on Monday unveiled yet another scheme — Scheme for Sustainable Structuring of Stressed Assets (S4A) — for “reworking the financial structure” of big corporate entities “facing genuine difficulties”. The S4A envisages determination of the sustainable debt level for a stressed borrower, and bifurcation of the outstanding debt into sustainable debt and e...

  • Sensex plummets 263 pts on weak data, global cues

    Posted on : Monday 13th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    The benchmark BSE Sensex fell by over 263 points and the NSE Nifty dipped below the 8,100-mark in early trade as investors cut down their bets on disappointing macroeconomic data and weak trend in Asian markets. The 30-share barometer dived by 263.24 points or 0.98 per cent at 26,372.51 with all the sectoral indices led by capital goods, banking and auto in the red, falling up to 1.34 per cent. It had lost 384.91 points in the previous two sessions. On similar lines, the NSE Nifty cracked below 8,100-level by falling 79.10 points or ...

  • LeEco Le Max2, Le 2 with CDLA ensure better audio experience

    Posted on : Monday 13th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    LeEco, the global internet and technology conglomerate has achieved many, industry firsts” since its launch, both globally and in India. This time, with its second generations Superphones Le 2 and Le Max2 that have just been launched in the Indian market, LeEco is spearheading a revolution in the audio technology space. Continual Digital Lossless Audio or CDLA is LeEco’s proprietary technology that is a global first in the smartphones industry replaces the 3.5mm headphone jack with a standard Type-C interface for a revolution...

  • Apple’s next iPhone will use chips from Intel: Report

    Posted on : Saturday 11th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc’s next iPhone will use modems chips from Intel Corp, replacing those made by Qualcomm Inc in some versions of the new smartphone, Bloomberg reported, citing people familiar with the matter. Intel’s modem chips will be in iPhones used on AT&T Inc’s US network and some other versions of the smartphone for overseas markets, Bloomberg reported on Friday. However, iPhones sold in China will use Qualcomm chips, Bloomberg said. Qualcomm’s shares fell 1.5 percent on Friday, while Intel’s stock ...

  • Sadbhav Infra Starts Tolling On Bhilwara-Rajasamand Highway, Shares Up

    Posted on : Friday 10th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sadbhav Infrastructure Project shares surged over 10 per cent after the road construction company said that it has received provisional completion certificate for the Bhilwara-Rajasamand tollway in Rajasthan. Following the approval, Sadbhav Infrastructure Project has started collecting toll for on Bhilwara-Rajasamand highway with effect from June 4, the company said. "For the first year depending upon the current traffic, we are estimating that we will be able to collect between Rs 40-Rs 44 crore per year...this will grow depend...

  • Will have room to cut rates if inflation stays at 5%: Raghuram Rajan

    Posted on : Thursday 9th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    A day after keeping the key repo rate unchanged at the monetary policy review, RBI Governor Raghuram Rajan on Wednesday said the RBI will have more room to cut interest rates if the central bank gains confidence in reaching its 5 per cent target for consumer price inflation (CPI) by March 2017. The current repo rate of 6.50 per cent is “appropriate” and the central bank has used up all its “space available” to cut interest rates, pinning further easing on inflation, Rajan said in an interview with TV channel CNBC ...

  • Apple revamps App Store, may not win over developers

    Posted on : Thursday 9th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Apple Inc announced a series of long-awaited enhancements to its App Store on Wednesday, but the new features may not ease concerns of developers and analysts who say that the App Store model - and the very idea of the single-purpose app - has seen its best days. The revamped App Store will let developers advertise their wares in search results and give developers a bigger cut of revenues on subscription apps, while Apple said it has already dramatically sped up its app-approval process. The goal is to sustain the virtuous cycle at t...

  • Smartphone sales will slow down in 2016 globally, says Gartner

    Posted on : Thursday 9th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Smartphone sales will slow down in 2016 globally, seeing only 7 per cent growth , says a report by research firm Gartner. Gartner’s research shows the smartphone market will no longer see double digit growth, with shipments reaching 1.5 billion units in 2016, less than the 14.4 percent growth witnessed in 2015. “The smartphone market will no longer grow at the levels it has reached over the last seven years. Smartphone sales recorded their highest growth in 2010, reaching 73 per cent,” said Anshul Gupta, research di...

  • Amazon to increase investment India to $5 billion

    Posted on : Wednesday 8th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Amazon will invest an additional $3 billion in its India operations to take its investment in the country to over $5 billion, the American e-commerce giant’s founder and CEO Jeff Bezos said on Wednesday. Bezos said this at an event here which was attended by Prime Minister Narendra Modi.“Amazon will invest $3 billion more in India. This is in addition to the $2 billion announced in 2014,” Bezos said at the annual gala of U.S. India Business Council (USIBC). “We have already created some 45,000 jobs in India an...

  • Rajan points to FM, PM statement when asked about his term extension

    Posted on : Tuesday 7th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Reserve Bank of India Governor Raghuram Rajan took a dig at the media for speculating whether he will continue at the central bank after his present term expires in September. “I have a prepared statement for that. As far as the question of my continuing with this position after September 4 goes, it will be cruel to spoil the fun that the press is having with all its speculation,” he said during the post-monetary policy press meet on Tuesday. “I am, personally, intrigued by all the letters that I have written. Serio...

  • Lumigon T3 is a stainless steel smartphone with night vision camera

    Posted on : Tuesday 7th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Just how much would you pay for a smartphone with a night vision camera? Well Danish company Lumigon has launched its Lumigon T3 smartphone with such a feature, and this one costs $740 or close to Rs 50,000 if you convert. So if you need a phone on a night-time safari, the Lumigon T3 is the answer. Previously Lumigon had launched its T2 smartphone, which was also a remote control. Now with the T3 the company is banking on the night vision camera on the back (in addition to the regular rear and front camera) to make its smartphone stand-o...

  • Nestle strikes partnership with Alibaba to market its products

    Posted on : Monday 6th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Beijing: World's largest food retailer Nestle has struck a partnership with China's e-commerce giant Alibaba to boost its online sales by tapping the country's increasingly digital consumption patterns. Under the new initiative, Nestle will launch campaignwith its diverse products, spanning 30 brands from coffee to baby formula in Alibaba platforms such as Tmall. "Our partnership with Alibaba is all about the consumer. What is so exciting about China as a market is not only its size or population, but that Chinese co...

  • Rupee firms up 37 paise against dollar in early trade

    Posted on : Monday 6th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rupee strengthened by 37 paise to 66.88 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters amid foreign fund inflows. Weakness in dollar against other currencies overseas after last week’s disappointing US jobs data reduced the chances of an interest rate hike and a higher opening in the domestic equity market supported the rupee, forex traders said. On Friday, the rupee had gained 4 paise to close at 67.25 against the US dollar in highly vola...

  • OnePlus 3 product listing leaked, reveals six variants and 6GB RAM

    Posted on : Monday 6th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    OnePlus 3 will be launching on June 14 via a VR launch, and the smartphone will come in six variants, based on a product listing on OppoMart, which has revealed the specs and versions of the upcoming flagship. Three versions will come with 4GB RAM coupled with 32GB, 64GB, and 128 GB storage space, while there will also be a 6GB RAM version with the same 32GB, 64GB, 128GB storage space options. The pricing is listed as $369 which comes to Rs 24,702, and that’s close to how OnePlus has always priced its flagship devices. Previous...

  • IMF approves $1.5 Billlion Loan for Sri Lanka

    Posted on : Saturday 4th of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    The International Monetary Fund’s (IMF) executive board has approved a three-year $1.5 billion loan to support Sri Lanka’s economic reform agenda which is hit by a balance-of-payments crisis, the global lender said on Saturday. The main objectives of the programme are reforms aimed at boosting government revenues to reduce the fiscal deficit, improving foreign exchange reserves, reducing public debt and Sri Lanka’s risk of debt distress, and improving public financial management. The loan also aims to improve the operat...

  • Jet Airways plans to re-start flights between Mumbai to Shanghai soon

    Posted on : Friday 3rd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Jet Airways is likely to resume its Mumbai-Shanghai flights, according to a senior official. “We are seriously evaluating re-starting flights to Shanghai,” said Colin Neubronner, Senior Vice President for Sales & Marketing at Jet Airways. “There is a possibility we may recommence direct flights between the two cities,” he said. Jet Airways flew Mumbai-Shanghai-San Francisco from June 2008 to January 2009 but stopped due to economic reasons. Jet Airways is also looking at flights from a number of Indian cities ...

  • Facebook board proposes to limit Zuckerberg’s control

    Posted on : Friday 3rd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Facebook Inc’s board has proposed removing Mark Zuckerberg’s majority voting control in the event of the social media giant’s chief executive and founder deciding to exit management at some point in future. In a proxy filing on Thursday with the US Securities and Exchange Commission, Facebook’s board said it will ask shareholders to vote on a proposal that would convert Zuckerberg’s Class B shares into Class A shares if he is no longer in a leadership position.  As of June 2, Zuckerberg beneficially own...

  • Airtel may not bid for 700MHz spectrum: Report

    Posted on : Friday 3rd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Rating agency Fitch today said that telecom giant Airtel to may not bid for premium 700 Mhz band spectrum in the upcoming auction due to its high price and limited availability of devices. “We do not expect Bharti to bid in the upcoming auction of 700 MHz in India, given the high indicative price for this spectrum, limited device availability and the company’s ownership of alternative spectrum (1800MHz/2300MHz) to roll out 4G services,” Fitch Ratings said in a statement. The government is preparing for next round of...

  • Jet Airways Launches Special Low Fares To Beat Lean Season

    Posted on : Thursday 2nd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Mumbai: Special low airfares are pouring in ahead of the monsoon season with another domestic carrier rolling out cheaper air tickets to woo fliers during the lean travel season. The latest to come out with low fares scheme is Jet Airways, which today offered fliers a 20 percent discount on both business and economy class base fares for a limited period on its domestic network. The promotional fare will be applicable on tickets booked between June 2-6 for travel between June 25 and September 30, the airline said in a release. Two...

  • Google has no plans to build Nexus devices on its own: Sundar Pichai

    Posted on : Thursday 2nd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    New York: Software giant Google has no plans to do its own smartphone as of now and will continue to work with original equipment manufacturers (OEMs) on building Nexus devices, Indian-born top executive Sundar Pichai has said. Addressing a packed 'Code Conference' in California on Wednesday, Pichai said that 'our plan is still to work with hardware partners'. "Nexus, we are investing more effort into them. You'll see us put more thought into Nexus devices, there are categories beyond phones, we'll be opi...

  • OnePlus 3 launch confirmed for June 14; will be invite free

    Posted on : Thursday 2nd of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    OnePlus, the Chinese technology startup has confirmed the launch date for its next flagship killer (or whatever they call it). The smartphone will launch globally on June 14 and will be imvite free. Carl Pei, OnePlus co-founder, has confirmed that the company will be ditching invite system for its next flagship. OnePlus had been using invite system since the launch of its first smartphone, OnePlus One, to keep inventories under control. “We’re releasing the OnePlus 3 invite-free, right from launch day. In addition, invites are go...

  • LG G5 launch today, India gets its first modular smartphone

    Posted on : Wednesday 1st of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    LG G5, the company’s 2016 flagship modular smartphone, is set to launch in India on June 1. Pre-orders for the phone have been live exclusively on Flipkart, where it was priced at Rs 52,990. Users who pre-booked LG G5 will get the companion device – the LG Cam Plus – free with the smartphone. LG G5 is also the first flagship from the Korean company to feature a metal unibody design. The smartphone, launched at MWC 2016, is one of the most unique smartphones ever with a slide-out battery tray and option to add extra modu...

  • Microsoft sells patents to Xiaomi, start a long-term partnership

    Posted on : Wednesday 1st of June 2016
    kuwaitindian news,kuwait local news,kuwait news

    Software maker Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi, a rare departure for the US company and part of what the two companies say is the start of a long-term partnership. The deal, announced on Wednesday, also includes a patent cross-licensing arrangement and a commitment by Xiaomi to install copies of Microsoft software, including Office and Skype, on its phones and tablets. Both companies declined to discuss financial terms of the deal. “This is a very big collaboration agreement betwe...

  • Micromax launches 4G-enabled voice-calling Canvas Tab P701 at Rs 7,250

    Posted on : Tuesday 31st of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Micromax has launched 4G-enabled Canvas Tab P701 tablet at Rs 7,250. The tablet features a 7-inch display and is exclusively available on Flipkart. Micromax Canvas Tab P701 sports a 7-inch IPS display with a resolution of 1024 X 600. It is a dual-SIM device and supports 3G and 4G SIM cards. It is powered by 1 GHz quad core processor, coupled with 1GB RAM and 8GB internal memory (expandable up to 32GB). Micromax Canvas Tab P701 runs Android 5.1 Lollipop, packs a 5MP rear camera and a 2MP front shooter. “The Canvas Tab P701 o...

  • Sony launches Xperia X series in India: Key specs, price and more

    Posted on : Tuesday 31st of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Sony has finally launched the first Xperia X series smartphones in India. The devices were first showcased at Mobile World Congress in Barcelona. Sony Xperia X and XA showcase company’s latest technological advancements in battery, design and camera. Sony Xperia X is the premium of the two devices with 5-inch full HD display and powered by Qualcomm Snapdragon 650 processor. Sony Xperia X comes with 3GB RAM and 32GB expandable storage. Sony Xperia X features a 23MP rear camera and 13MP front camera. Sony Xperia X’s 23MP pr...

  • No more surcharges for credit or debit cards

    Posted on : Monday 30th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    When paying with a plastic card, shop owners often demand three per cent more for what they call as processing fees on the card. Else, you have the option of withdrawing money from the nearby ATM and completing the purchase using cash. The policy of the government is to encourage electronic transactions and reduce the use of cash. The strategy was underlined by the central government during a cabinet meeting convened during the start of the year and for this, extra charges that were being levied on card transactions are being cancelled. ...

  • Sensex surged about 117 on monsoon update, strong Q4

    Posted on : Monday 30th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Adding to its rally for the fifth straight session, the benchmark Sensex surged about 117 points in early trade today as investors went in for more bets amid upbeat fourth quarter numbers and on monsoon hopes. The 30-share barometer rose 116.82 points, or 0.43 per cent, to 26,770.42. The gauge had gained 1,423.24 points in the previous four sessions. Also, the NSE Nifty was trading higher by 38.20 points, or 0.46 per cent, at 8,194.85.  The big movers that supported the key indices are Coal India, SBI, Tata Motors, Axis Bank, Ta...

  • SBI Q4 net down 66% to Rs 1,264 cr on high provisions

    Posted on : Saturday 28th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    State Bank of India (SBI) on Friday reported a net profit of Rs 1,264 crore in the March quarter of FY16, down 66 per cent from a year earlier, on the back of higher loan loss provisions. Provisions for bad loans more than doubled on a year-on-year (y-o-y) basis to Rs 12,139 crore in Q416. SBI chairman Arundhati Bhattacharya said the bank had put upfront much of the pain that may have occurred. “I have said conservatively we expect around 70 per cent of the assets on the watch list to turn bad. However, we believe that if the econo...

  • India is an untapped economy: Nikki Haley

    Posted on : Saturday 28th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Governor Nikki Haley is betting big on India as she is aggressively wooing companies and talent from the South Asian nation to set up businesses in the United States of America. “India is an untapped economy. We welcome as many companies that want to come here. We were pleasantly surprised so many wanted to come to America,” said Ms. Haley, the first female governor of South Carolina and currently the youngest governor in the United States. “Our idea of success is not put the shovel on the ground or cut the first ri...

  • Samsung to launch Samsung Pay web payments app: Report

    Posted on : Friday 27th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Tech giant Samsung Electronics Co Ltd will launch a smartphone app in South Korea that would allow for easier use of its mobile payments service for online transactions, the Electronic Times reported on Friday citing unnamed sources. The South Korean paper said the app, to be called Samsung Pay mini, would be compatible with all Android and Apple Inc devices and could launch as early as June. The mobile payments service is currently compatible with Samsung devices but the firm has said it would consider expanding the service into other m...

  • Microsoft and Facebook to jointly build MAREA, a subsea cable across Atlantic ocean

    Posted on : Friday 27th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Corp and Facebook Inc have agreed to jointly build a subsea cable across the Atlantic Ocean to meet growing demand for high-speed cloud and online services. The construction of the new “MAREA” cable will begin in August and it is expected to be completed in October 2017, the companies said in a statement on Thursday. The 6,600 kilometer cable, the first to connect the United States with southern Europe, will be operated and managed by Telefonica SA’s telecoms infrastructure unit Telxius.  The cable is initially des...

  • Failed to get confirmed ticket on Rajdhani, then try Maharaja

    Posted on : Thursday 26th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    New Delhi: Maharaja will soon come to help wait-listed passengers of Rajdhani trains as such travelers will be provided with the option to fly by Air India by paying little extra. Air India and IRCTC have already entered into a pact for the proposed arrangement which is expected to be in place "within a week", the carrier's chief Ashwani Lohani told PTI. Under the proposed arrangement, people who have unconfirmed tickets across classes on Rajdhani trains would have the choice of boarding an Air India flight, provided th...

  • SBI plans rejig before possible merger; 17 CGMs in the fray for 7 DMD posts

    Posted on : Thursday 26th of May 2016
    kuwaitindian news,kuwait local news,kuwait news

    Ahead of the proposed consolidation with its associate banks, India’s top lender State Bank of India (SBI) is preparing itself for a succession plan in the top management at the deputy manging director level. Some of them could eventually be in the reckoning for the posts of MD and chairman in coming years. According to official sources, 14 chief general managers of SBI appeared for the interview for the post of deputy managing directors which was held here on Wednesday. Apart from the 14 CGMs of the parent bank, three CGMs who are...

Kuwait Informations

Way4i Directory

Youth India

Way4i Articles

Way to Success

Way to Doctor

Way 4 Help

Opinion Poll

Do you think Ravi Shastri is the right person to coach Indian cricket team?

Yes No

Advertisements

Promotions in Kuwait

kuwait jobs,free property search,free classifieds kuwait
kuwait jobs,free property search,free classifieds kuwait
kuwait jobs,free property search,free classifieds kuwait
kuwait jobs,free property search,free classifieds kuwait

Copyright © 2012-2017, All rights Reserved   |  www.way4indians.com  |  This Logo is a trademark of Way4Indians. For Enquires, please contact : info@way4indians.com