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Google launches Android Things for smart devices ahead of I/O 2018

Google launches Android Things for smart devices ahead of I/O 2018

Alphabet Inc’s Google on Monday launched a spinoff of its Android operating system for home appliances and other machines, following mixed results with Android offshoots for cars, smartwatches and televisions. ‘Android Things’, which arrives as Google opens its annual conference for developers, could bring its Google Assistant virtual helper to refrigerators and robots and familiar designs to cash registers and vending machines.

Modi win in 2019 elections priced in by investors, says UBS; Karnataka polls a sentiment indicator

Modi win in 2019 elections priced in by investors, says UBS; Karnataka polls a sentiment indicator

UBS on 2019 Lok Sabha Elections: With the Union elections scheduled to be held soon in May-2019, global firm UBS says that many investors have priced in a “Modi win in 2019” as the base case. “We met with more than 50 investors in the US/EU over the past month.

Trai mulls fine on telecom operators not meeting new quality norms for Q3

Trai mulls fine on telecom operators not meeting new quality norms for Q3

Telecom regulator Trai is considering to impose a penalty on operators who have not met the new service quality norms for December quarter, according to sources.

"We will be imposing some penalty on those who have not met the stipulated standards," said a Trai official who did not wish to be named.

Maruti Suzuki to check 52,686 new Swift, Baleno for faulty brake vacuum hose

Maruti Suzuki to check 52,686 new Swift, Baleno for faulty brake vacuum hose

New Delhi: Maruti Suzuki India (MSI) on Tuesday said it is asking customers of 52,686 new Swift and Baleno models to undertake a service campaign to inspect for a possible fault in brake vacuum hose.

New Swift and Baleno units manufactured between 1 December, 2017 and 16 March, 2018 will be covered in this campaign, MSI said in communication to customers on its website.

Sensex extends gains, climbs 181 points on global cues

Sensex extends gains, climbs 181 points on global cues

The BSE Sensex advanced about 181 points in early session, maintaining its positive form for the second straight day on unabated buying by domestic institutional investors amid positive leads from Asian markets following overnight gains on the Wall Street.

The 30-share Sensex, which had gained 292.76 points in the previous session, rose another 180.73 points, or 0.51 %, to 35,388.87.

Rupee slips 7 paise in early trade

Rupee slips 7 paise in early trade

The rupee weakened by 7 paise to trade at a fresh 15-month low of 67.20 against the US dollar in early trade due to appreciation of the American currency overseas amid sustained foreign capital outflows.

Dealers attributed the rupee’s fall to increased demand for the US currency from importers.

Microsoft announces $25 million AI for Accessibility initiative to empower people with disabilities

Microsoft announces $25 million AI for Accessibility initiative to empower people with disabilities

Harnessing the power of Artificial Intelligence (AI) to help people with disabilities, Microsoft has announced “AI for Accessibility” — a new $25 million, five-year programme for developers globally including in India.

The programme will put AI tools in the hands of developers to accelerate the development of accessible and intelligent AI solutions for people with disabilities.

Government to examine proposal to merge CPSEs in key sectors

Government to examine proposal to merge CPSEs in key sectors

In what could push consolidation of central public sector enterprises (CPSEs), the government will examine a proposal to merge NHPC with NTPC and combine Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to create a huge power-financing entity.

7th pay commission: Railway employees call for 72-hour long relay hunger strike

7th pay commission: Railway employees call for 72-hour long relay hunger strike

Railway employees had called for a 72-hour long hunger strike starting from Tuesday across nations to protest delay in implementation of seventh pay commission's recommendations and the attempted privatization of the railways. All India Railwaymen's Federation (AIRF) released an official statement on Monday that despite several meetings of the AIRF with the Modi government, no decision has been taken so far.

ICICI Bank Q4 net profit halves to Rs 10.2 bn, bad loan provisions surge

ICICI Bank Q4 net profit halves to Rs 10.2 bn, bad loan provisions surge

ICICI Bank on Monday posted a net profit of Rs 10.2 billion for the quarter ended March 2018, against Rs 20.2 billion a year ago, due to a sharp rise in provision for bad loans. The bank’s profit was boosted by a one-time income arising from the sale of shares in its capital market arm, ICICI Securities, to the tune of Rs 33.20 billion.

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