Tag Archives: Up

Honda Increases Prices Across Range by Up to 79,000

Following the Union Budget 2016, now Honda has also announced a price hike across its range in India. Effective from March 1, 2016, the levy of ‘Infrastructure Cess’ announced in Union Budget 2016 – 17 translates into an increase of up to 79,000 for Honda cars in India. One must note, Tata Motors, Hyundai and Maruti Suzuki have already announced ... Read More »

Uber Racked Up Big International Losses During 2014 Expansion

The international business of Uber, the US-based ride-hailing service, lost $237 million in 2014, a big increase on a deficit of $31.9 million the previous year, as the company expanded around the globe. The figures, the latest available, were disclosed in an official filing lodged with the Dutch Chamber of Commerce last month. Uber’s international headquarters are in Amsterdam. Although ... Read More »

Levelled Up in a Game? Kiip Wants to ‘Reward’ You for It

Feeling happy after completing a gruelling workout or levelling up in a mobile game? Mobile advertising startup Kiip is looking to capitalise on that moment, by offering you a discount coupon. Kiip, which expects to be valued at $1 billion (roughly Rs. 6,729 crores) in the next two years, offers companies the choice to reward people who use some gaming, ... Read More »

Lava Planning to Set Up R&D Facility in Hyderabad

Domestic mobile handset manufacturer Lava plans to set up a research and development (R&D) facility in Hyderabad. A company official on Thursday said this would be their second facility and would be bigger than the existing one in Bengaluru, which employs 400 people. Sandeep Dongre, senior vice president and hub head, east, Telangana and Andhra Pradesh, told reporters that they ... Read More »

ISB Reports Record Placement, Average Salary Up 14%

Mumbai: The Indian School of Business (ISB) today reported a 10 per cent rise in the number of offers made to the 2016 batch of its flagship post graduate programme in management. The average increase in salaries was 14 per cent, while the highest salary offered by a domestic employer stood at over Rs. 70 lakh per annum, it said. ... Read More »

Amazon Sizes Up UK Restaurant Delivery Market

Amazon.com Inc has begun surveying UK customers about their use of restaurant delivery services, in what analysts said was likely the first step in an international expansion of a business it rolled out in the United States last September. In recent days, the online retailer sent its customers surveys, seen by Reuters, asking about the frequency and cost of customers’ ... Read More »

Freedom 251: 30,000 Units Sold, Components for Up to 2.5 Million Will Be Imported

Ringing Bells, the makers of the Rs. 251 smartphone – the Freedom 251 – confirmed to Gadgets 360 on Tuesday that it has still only accepted payments for 30,000 units of the phone. It also added that the components for these phones will be imported, and only assembled in India, not made here. Ringing Bells stopped accepting orders on February ... Read More »

FTAs Have Pushed up Imports More than Exports: Survey

New Delhi: Free trade agreements which India has implemented so far have pushed up imports more than the country’s exports, the Economic Survey 2015-16 said on Friday. “FTAs have led to increased imports and exports, although the former has been greater…Increased trade has been more on the import than export side, most likely because India maintains relatively high tariffs and ... Read More »

It Can be Healthy to Let Your Kids Put up a Wall

Image credit: Istock I am 10 years old and sitting in the storage space under my platform bed. It’s a good-sized structure, taking up about a quarter of the living room. It’s dark under there except for the nightlight that I have plugged into the wall, a green Christmas bulb screwed into its top. I can hear my parents talking ... Read More »

Bulls Chalk One Up after Late-Day Surge on Wall Street

U.S. stocks mounted a late-session rally to close higher on Wednesday after an increase in oil prices helped reduce investors’ fears about banks’ vulnerability to energy companies struggling to pay their debts. Nine of the 10 major S&P sectors rose, with the materials index up 0.99 percent. The S&P energy sector gained 0.9 percent, trimming its loss in 2016 to ... Read More »