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Flipkart acquires Myntra


Marking the biggest consolidation in the e-commerce space in India, homegrown e-retailer Flipkart has acquired online fashion retailer Myntra in an estimated Rs 2,000 crore deal. While the companies did not disclose the deal size, sources suggest the deal could ...

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Modi set to lift UPA’s veil on black money


The incoming BJP government with Narendra Modi as PM will withdraw from the Supreme Court the UPA government’s petition filed on May 16, when trends had indicated its drubbing in the Lok Sabha polls, seeking recall of the court’s direction ...

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CBI to form SIT to probe Rs 10,000 cr Saradha chit fund scam


The CBI will form a Special Investigation Team (SIT) soon to probe the Saradha chit fund scam in which investors in West Bengal, Odisha and Assam were allegedly duped of Rs 10,000 crore besides examining the role of market regulators ...

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Sony Xperia Z2 launched in India at Rs 49,990


Sony has launched its top-end Xperia Z2 smartphone in the Indian market, bringing a competitor to the HTC One (M8) and Samsung Galaxy S5. This smartphone is the successor of Xperia Z1, which was launched just six months ago, and ...

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CBI should question Manmohan Singh in 2G


BJP on Tuesday demanded that Prime Minister Manmohan Singh be questioned by the CBI in the 2G spectrum case after former telecom minister A Raja told a court that every decision was allegedly taken with the PM’s “concurrence”. Describing Raja’s ...

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Buying a new TV? 7 things you must know


It’s vacation time for the kids, and with the ongoing IPL matches, and even the upcoming FIFA World Cup, you’re probably in the market for a new television set. Well, here’s a quick primer to help you buy one that’s ...

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Microsoft Xbox 360 gets a price in India

Microsoft -Xbox-360

Microsoft has slashed the price of its Xbox 360 video game console in India. The standard Xbox 360 model with 250GB storage now costs Rs 21,990, down from Rs 24,990. Similarly, the Xbox 360 model with Kinect motion controller and ...

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Galaxy S5 coming in June


Samsung will launch the premium version of its Galaxy S5 smartphone in June this year, according to a report by Korean newspaper Asia Today. Citing industry sources, the report claims that a metal-bodied tablet is also under development. The report ...

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Wal-Mart paid $334 million to end India partnership


Wal-Mart Stores Inc paid about $234 million in debt related to the purchase of a stake in its Indian joint venture with Bharti Enterprises, which the US retailer ended in October last year, according to its 2014 annual report. Wal-Mart, ...

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EU bans Indian Alphonso mangoes, four vegetables from May 1


The 28-member European Union has temporarily banned the import of Alphonso mangoes, the king of fruits, and four vegetables from India from May 1, sparking protests from the Indian community, lawmakers and traders. The recent decision by the grouping’s Standing ...

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