Centre’s 2015-16 expenditure report presented in parliament

New Delhi, Dec 16 : The central government’s Finance and Appropriation Accounts for 2015-16 along with an audit report of the Comptroller and Auditor General (CAG) were presented in parliament on Friday, the Finance Ministry said. The Appropriation Accounts present the actual expenditure incurred by ministries/departments in relation to the appropriations voted by parliament in […]

Flagship battles dominated Indian smartphone industry

By Anuj Sharma New Delhi, Dec 16 : With nearly 250 million unique smartphone users in the country and the figure set to reach the 280 million-mark by the end of this year, the Indian smartphone industry — that surpassed the US to become the world’s second-largest market by users in 2016 — is set […]

Twitter killed its messenger product before launch: Report

New York/Bengaluru, Dec 16 : To attract new users to the platform, micro-blogging website Twitter developed a standalone instant messaging app in India for emerging markets but killed the product without launching it as the company shut down its Bengaluru engineering centre that developed it, a media report claimed on Friday. According to Buzzfeed, the […]

Vardah hits general insurers hard

Chennai, Dec 16 : General insurers have received claims worth around Rs 200 crore following cyclone Vardah that crossed the Chennai coast on December 12, officials said. The cyclone damaged factories, godowns, ships and vehicles, neon sign boards, mobile towers and power infrastructure. A public sector insurance official said the minimum hit for the company’s […]

Big bang and a whimper: Reliance disrupts, telecom spectrum disrupts more

By Aparajita Gupta New Delhi, Dec 16 : It was the year of the big bang in telecom. Reliance Jio’s disruptive entry into the sector threw an unorthodox gauntlet at its rivals, triggering a bruising war of words — and tariffs — among players. But it was also the year which ended in a whimper […]

Microsoft partners with TomTom mapping company

London, Dec 16 : US tech giant Microsoft has teamed up with traffic, navigation and mapping products company TomTom to bring enterprise-grade location-based services to Microsofts Azure Cloud platform. TomTom plans to integrate its services into Azure to make it even easier and more flexible for developers to build and manage enterprise, mobile, web and […]