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Second EV product in India could be a smaller SUV: Hyundai

Second EV product in India could be a smaller SUV: Hyundai

South Korean auto major Hyundai could bring in a smaller electric SUV to India after assessing the response for its bigger Kona electric SUV which it plans to introduce in the country next year, a top company official said.

The company, which operates in the country through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL), would launch its first electric model Kona in the second half of the next year.

Sensex snaps 2-day losing streak; recovers over 150 points

Sensex snaps 2-day losing streak; recovers over 150 points

Mumbai: The BSE Sensex recovered over 173.33 points in opening trade on Monday on sustained buying in recently battered stocks amid strength in the rupee.

The 30-share Sensex, which lost 340.78 points on Friday, recovered by 173.33 points, or 0.52 per cent, to 33,522.64. Positive trend appeared in some sector led by Infra and Auto, while mixed movements were seen in the banking stocks.

Paytm losses swell 70% to ₹1,490 crore in 2017-18

Paytm losses swell 70% to ₹1,490 crore in 2017-18

New Delhi: One97 Communications Ltd, the parent company of mobile payments app Paytm, widened its net loss by 70% in the last financial year as higher expenses offset a surge in revenue, showed data from business intelligence platform Tofler. The company, backed by China’s Alibaba Group Holding Ltd, posted loss of 1,490.7 crore in the year ended 31 March, 2018.

IBM chases Amazon into cloud with $33 billion Red Hat purchase

IBM chases Amazon into cloud with $33 billion Red Hat purchase

IBM’s purchase of Red Hat Inc. is a $33 billion bid aimed at catapulting the company into the ranks of the top cloud software competitors. The cash deal, IBM’s biggest ever by far, boosts the 107-year-old computer-services giant’s credentials overnight in the fast-growing and lucrative cloud market — and gives it much-needed potential for real revenue growth.

From head to toe, J&J is trying to reconquer the baby-care market

From head to toe, J&J is trying to reconquer the baby-care market

It’s a high-stakes corporate gamble, full of peril: Johnson & Johnson has turned its iconic, golden-hued baby shampoo clear. The move is part of a sweeping plan to overhaul the company’s struggling namesake franchise. J&J has remade its Johnson’s baby product line, cutting out chemical dyes and adding natural ingredients like coconut oil.

Get over fingerprint, retina and face, your brain may soon be your password

Get over fingerprint, retina and face, your brain may soon be your password

Your brain is an inexhaustible source of secure passwords – but you might not have to remember anything. Passwords and PINs with letters and numbers are relatively easily hacked, hard to remember and generally insecure. Biometrics are starting to take their place, with fingerprints, facial recognition and retina scanning becoming common even in routine logins for computers, smartphones and other common devices.

Delhi air quality 'very poor' on Monday morning as AQI touches 369-mark

Delhi air quality 'very poor' on Monday morning as AQI touches 369-mark

Delhi-NCR woke up to a hazy Monday morning, with the Air Quality Index at a 'very poor' 369, according to SAFAR (System of Air Quality and Weather Forecasting And Research).

The air quality in Delhi-NCR has consistently been in the 'poor' and the ' very poor' category over the past one week and is expected to worsen further in the coming days.

BSNL takes on Jio, offers unlimited calling, data at just Rs 100

BSNL takes on Jio, offers unlimited calling, data at just Rs 100

In a fresh bid to take on Mukesh-Ambani owned Reliance Jio, BSNL has announced a mega offer for its customers. As part of this offer, BSNL offers unlimited voice calling, SMS as well as data benefits to the customers. To avail these benefits, the customers will have to get a BSNL SIM card which will be provided free cost.

Air India to soon offer low-fare red-eye flights from Goa, Delhi, Bangalore

Air India to soon offer low-fare red-eye flights from Goa, Delhi, Bangalore

State-owned Air India Saturday announced the launch of red-eye flights to some of the domestic destinations, including Goa, starting next month end.

A red-eye flight departs generally late at night and arrives early morning. Because of their low fares, these flights are quite popular abroad, especially in the US and Europe.

New SBI ATM withdrawal limits come into effect next week

New SBI ATM withdrawal limits come into effect next week

For SBI account holders, new ATM cash withdrawal rules kick in from October 31. SBI, the country’s largest bank, will reduce the daily cash withdrawal limit for Classic and Maestro debit cards to Rs 20,000 per day, from Rs 40,000, with effect from 31 October 2018. SBI account holders having higher daily cash withdrawal requirements can apply for other debit card variants that have a higher daily withdrawal limit, the bank has said in a communication.

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