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Private insurers continue strong growth in May, smaller ones gain more

Private insurers continue strong growth in May, smaller ones gain more

That Life Insurance Corporation of (LIC) India is losing market share to private insurers hand over fist over the last several years is well known.

The insurance behemoth’s market share in adjusted individual business premium was 42.4% in May, a decline from the previous month.

Thanks to India, Google is making new products

Thanks to India, Google is making new products

Google’s Indian-American CEO Sundar Pichai has said that the scale of India’s market has allowed Google to develop new products in the country and take it to the global level, the internet giant’s Indian-American CEO Sundar Pichai has said.

Addressing the India Ideas Summit of US India Business Council (USIBC), Pichai also said that India and the US can lead on standardisation of privacy frameworks for better safeguards against privacy to ensure free flow of digital trade.

Infosys spends lakhs on training freshers; each talent costs this much to the tech firm

Infosys spends lakhs on training freshers; each talent costs this much to the tech firm

India’s second largest information technology services firm Infosys spends about Rs 14 lakh on the training of each student, after which it takes them 12 weeks to become productive, Ravi Kumar, President and Deputy COO, told CNBC TV18. Infosys, which hires students from schools and colleges, has picked some 3,000 students and is focussing on training, skilling and building talent locally, Ravi Kumar added.

Johnson & Johnson, Colgate ordered to pay almost $10million in California talc case

Johnson & Johnson, Colgate ordered to pay almost $10million in California talc case

Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer. The jury verdict in state court in Oakland is another setback for J&J, the world’s largest maker of health-care products, marking its 11th loss since trials over cancer claims tied to J&J’s talc-based powders began in 2016, according to data compiled by Bloomberg.

RCom to Jet: Here are 10 worst-performing stocks of 2019. Do you own any?

RCom to Jet: Here are 10 worst-performing stocks of 2019. Do you own any?

At a time when the frontline benchmark index on the BSE, the S&P BSE Sensex, breached the 40,000 mark, nearly 275 stocks that comprise the BSE 500 index have given a negative return thus far in calendar year 2019 (CY19).

A ‘hope rally’ that the Narendra Modi – led National Democratic Alliance (NDA) would secure a second consecutive term continued post the outcome of the general election as well.

Adani gets go ahead to start long delayed coal mine project in Australia

Adani gets go ahead to start long delayed coal mine project in Australia

Adani Enterprises on Thursday received the go-ahead to start construction of a controversial coal mine in outback Australia, after a state government approved a final permit on ground water management.

The Carmichael mine has been a lightning rod for climate change concerns in Australia, and was seen as a factor in the surprise return to power of the conservative Liberal/National coalition in a national election in May.

Mercedes-Benz GLB compact SUV revealed

Mercedes-Benz GLB compact SUV revealed

The Mercedes-Benz GLB compact SUV, which set itself apart from the crowd thanks to its SUV looks, was first displayed at the 2019 Auto Shanghai in its concept form. It also managed to fit seven seats in its compact footprint. And now the German carmaker has taken the wraps off the production-spec SUV which will sit between the GLA and the GLC in Merc’s SUV lineup.

TCS to implement RBI's information and management system for 310 crore

TCS to implement RBI's information and management system for 310 crore

New Delhi: IT major Tata Consultancy Services will implement Reserve Bank's a centralised information and management system (CIMS) for seamless data collection and validations at a cost of Rs 310.52 crore.

TCS pipped other IT majors like IBM India, Infosys, Larsen & Toubro Infotech to get the key project of the central bank.

Hyundai and Kia to invest in self-driving startup Aurora

Hyundai and Kia to invest in self-driving startup Aurora

Bengaluru: Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up development of autonomous vehicle technologies.

"With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia's autonomous vehicles," Hyundai said.

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

Walmart is expected to pump $1.2 billion into Flipkart's operations Flipkart. The world’s largest retailer acquired homegrown e-commerce company Flipkart for $16 billion last year, pitching it in direct competition with its rival Amazon.com in a battle for dominance of India’s online retail market.

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