Trending: Dec 12- Dec 19 : India has to wait for low-cost Windows 10 phones: Microsoft exec - The Indian Express

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India has to wait for low-cost Windows 10 phones: Microsoft exec For those in India waiting for low-cost Lumia smartphones that come packed with the latest Windows 10, there is still some time. Infosys invests $3 million in US-based wearables start-up Whoop The deal marks Infosys’s sixth investment from its $500 million innovation fund PayWorld planning to raise around $40-50 million to increase its retail touch points from 60,000 at present to 3,00,000 within the next 3 years PayWorld is planning to raise around $40-50 million to increase its retail touch points from 60,000 at present to 3,00,000 within the next 3 years. Amazon most visited e-commerce website in India, offers Rs 200 Gift Card to celebrate As a mark of celebration, e-commerce website Amazon.in is offering a gift card worth Rs 200 for its customers who shop on Amazon.in on Monday for Rs 500 or above. Voylla Fashions on hiring spree, ropes in execs from Fabindia, Bata India Jaipur-based fashion jewellery retailers plans to hire 300 people in different divisions The Loot plans to shut down all stores this month The Loot was incorporated in 2003, and the company had taken a loan of Rs 100 crore from 10 banks and NBFCs. The SBI was the main lender Hitachi wants India Post tie-up for payments bank: Ravi Shankar Prasad Japan’s Hitachi is keen to partner with the postal department for payments bank solutions, communications and IT minister Ravi Shankar Prasad said on Wednesday. Sun Pharma sells Ohio facility to Nostrum Laboratories The move is part of Sun Pharma’s manufacturing consolidation in the US Indian banks will get more resilient despite bad debt: Moody's Growth in Indian banking system, which has been under pressure in recent years, will be more resilient, Moody's Investors Service said. Air India likely to make 6% profit this fiscal riding on lower fuel costs, first since merger of Indian Airlines with Air India For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores. Wild markets seen as no barrier this time to Fed Janet Yellen has been preparing financial markets for a rates lift-off this week as evidence grows that the US economy is strong enough to weather tighter monetary policy RBI pulls up banks on bad debt tags Raghuram Rajan meets top bankers, discusses NPA woes - Other bankers, who attended the meet included the chiefs of Bank of Baroda, Bank of India, Syndicate Bank, IDBI, United Bank of India and Andhra Bank. New IIP Series: Samsung to replace Nokia in telecom output data The change in mobile manufacturer is a part of a series of changes proposed for the new IIP. RBI says currency notes with scribbles still legal tender RBI also says that it continues to request banks and the general public to not write on currency notes in order to prolong their life Citibank offers loans at 9.25% to staff in flood-hit Chennai While the amounts and tenures of personal loans will be subject to eligibility, the processing fee and pre-closure charges will be waived. Indian Angel Network joins Inventus Capital Partners to invest in two US-based startups Both startups, however, are US-based ventures, catering to the US markets, a departure from IANs strategy of backing ventures. Chinese economy casts its shadow over Indian exports of cotton and copper China imported 7 per cent less cotton yarn from India in the three months to October 2015 over the preceding three months; the fall in import was sharp in October. Industry veterans Atul Hegde, Sudhir Menon launch $50 million fund The industrialist and the digital marketer have launched the early-stage start-up fund, Rainmaker Ventures, which will look to invest the initial corpus essentially in technology start-ups Craftsvilla plans to launch ten experience zones across the country by March 2016 to give customers to actually touch and see the products The first two experience centres will be set up in Mumbai and will be followed by three in Delhi, two in Bangalore, one in Chennai, one in Hyderabad. India not immune to Fed rate hike jitters: Fitch The secular growth story for India in general is healthier than some other emerging economies, says one analyst Venture Catalysts to raise Rs100 crore The firm has taken inspiration from all-encompassing business incubators like US-based Plug and Play, described as Silicon Valley in a box OpenAI gets support with $1 billion from Tesla Motors' Elon Musk, Infosys and others Infosys, Amazon Web Services and YC Research among others announced committing $1 billion for OpenAI to advance digital intelligence for humanity's benefit. Thanks to startup boom, a new set of IT services providers are born in India Firms like LeewayHertz and Space-O, called offshore product development centres, are seeing a significant chunk of their revenue come from the Indian subcontinent. Google Alphabet India reports 35% increase in yearly revenue; posts Rs 4,108 crore of revenue in the year to March 2015 Google India posted Rs 4,108 crore of revenue in the year to March 2015, compared with Rs 3,050 crore in fiscal year 2013-14, it said in its annual return. Networking giant Cisco betting big on verticals like eCommerce, manufacturing and government to boost its business in India eCommerce sector in India has seen unprecedented growth with increasing Internet penetration and more people shopping online. Indian Govt. Takes on Alibaba by Setting up Worlds 1st Global eCommerce Hub for B2B Businesses; India Post to Power Worldwide Deliveries Trak.in (blog) Indian Govt. Takes on Alibaba by Setting up World's 1st Global eCommerce Hub for B2B Businesses; India Post to Power Worldwide DeliveriesTrak.in (blog)In a move which has been described as first for any country, Indian Govt. will establish a massive international ecommerce hub for export/import, in the B2B niche. 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