New tougher MOT tests come into force

New tougher MOT tests come into force

Image copyright Getty Images Motorists face tougher MOT tests on their vehicles from Sunday, as an updated test introduces new categories under which a vehicle can fail or pass. The categories include “dangerous”, “major” and “minor” which determine whether a...
read more
Start-ups take note: Iconic brands bank on compelling story-telling in their quest for glory

Start-ups take note: Iconic brands bank on compelling story-telling in their quest for glory

What forces us to associate a check-print scarf with Burberry? The ‘swoosh’ sign with Nike? A cool elitism with BMW? Supreme functionality and classy style with all things Apple? A couple of things. First, iconic design. Second, a deeply entrenched...
read more
Walmart-Flipkart deal: US retail giant approaches CCI for approval of majority stake in proposed acquisition

Walmart-Flipkart deal: US retail giant approaches CCI for approval of majority stake in proposed acquisition

Global retail giant Walmart has approached fair trade regulator Competition Commission of India (CCI) for approval of its proposed acquisition of a majority stake in e-commerce major Flipkart, saying the deal doesn’t raise any competition concerns. Stati...
read more
Ocado delivers for ‘patient’ investors

Ocado delivers for ‘patient’ investors

Image copyright Ocado Image caption Food delivery tech firm Ocado has had a good week There may be a wry smile on the faces of Ocado’s founders and investors this weekend as they reflect on a remarkable few days. Once...
read more
AC coach passengers may be charged extra to cover railway station upgrades

AC coach passengers may be charged extra to cover railway station upgrades

Indian Railways’ passengers who travel in chair car and air-conditioned (AC) compartments may have to pay a user development fee for the upgrade of railway stations if a proposal to the effect gets approved. The aim is to collect funds to make railwa...
read more
To use Bandra-Versova Sea Link, Mumbaikars will have to shell out Rs 250 as toll

To use Bandra-Versova Sea Link, Mumbaikars will have to shell out Rs 250 as toll

Mumbaikars will have to shell out Rs 250 as toll charges for light motor vehicles to use the 17-km Bandra-Versova Sea Link (BVSL). According to a DNA report, the Maharashtra State Road Development Corporation (MSRDC) has set one-way toll charges between...
read more
Glencore shares fall on SFO probe fears

Glencore shares fall on SFO probe fears

Image copyright Reuters Image caption Glencore has its headquarters in Switzerland, but its shares are traded in London Shares in London-listed mining giant Glencore have fallen 7% following a report of a potential investigation into its actions in Africa. Gle...
read more
Smart luggage firms close because of airline battery rules

Smart luggage firms close because of airline battery rules

Image copyright Raden Two smart luggage firms have closed in May, with both blaming changes to airline policies regarding how lithium batteries can be taken on board planes. Raden and Bluesmart said the changes, by several major airlines in December...
read more
Job cuts in telecom sector: Narendra Modi government promises to re-train, redeploy those sacked by telcos

Job cuts in telecom sector: Narendra Modi government promises to re-train, redeploy those sacked by telcos

Mumbai: Concerned at the job losses in the telecom sector, the government has begun helping the affected employees get alternative employment, and retrain and redeploy them, a top bureaucrat has said. Some estimates peg the number of job losses in...
read more
Indian economy projected to grow 7.6% in 2018-19: UN

Indian economy projected to grow 7.6% in 2018-19: UN

India’s economy is projected to grow 7.6 percent in fiscal year 2018-19, remaining the fastest growing economy in the world, as robust private consumption and benefits from past reforms help the country’s GDP gain momentum but sustained recovery in...
read more