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Why oil bond isn't the reason petrol's at Rs 100

Business News: Finance minister Nirmala Sitharaman has blamed the burden of oil bonds issued by the UPA government for her inability to bring down the tax levied by ....

Nirmala Sitharaman , Business News , Business Latest News , Times Of India , Latest News , வணிக செய்தி , வணிக சமீபத்தியது செய்தி , ஈமெச் ஆஃப் இந்தியா ,

Fewer new net users, but surfing up in 2020

Fewer new net users, but surfing up in 2020
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Fewer new net users, but surfing up in 2020
Sindhu Hariharan / TNN / Jun 4, 2021, 04:00 IST
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Chennai: The year 2020 saw slower addition of new internet users but logged increased usage of the web by existing users.
While the total internet user base of India grew 20% in 2018 and 24% in 2019, in 2020 there was just 8% growth, according to an IAMAI-Kantar ICUBE study released on Thursday.
This was primarily due to a dip in new mobile connections because of lockdown restrictions last year and the mass movement of migrants. Telecom regulator Trai’s estimates show that the number of mobile connections fell 0.7%, 0.5% and 0.3% respectively in April, May and June 2020. ....

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Gold shines bright on digital platforms for Akshaya Tritiya

Gold shines bright on digital platforms for Akshaya Tritiya
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Gold shines bright on digital platforms for Akshaya Tritiya
Mamtha Asokan / TNN / May 15, 2021, 04:00 IST
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Chennai: Gold buying on Akshaya Tritiya did not halt completely but took on the digital form as jewellers across major markets were shut due to Covid-induced lockdowns.
Considered an auspicious occasion to buy gold, this year too, like 2020, Akshaya Tritiya was celebrated under the shadow of the pandemic. Gold prices were up Rs 13 a gram at Rs 4,485 a gm in the Mumbai market on Friday.
Paytm and its subsidiary Paytm Money witnessed a 30% year-on-year (YoY) value growth in digital gold sales on their platform this year. ....

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LG exits smartphone biz amid stiff competition

LG exits smartphone biz amid stiff competition
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LG exits smartphone biz amid stiff competition
Sindhu Hariharan / TNN / Apr 6, 2021, 04:00 IST
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Chennai: South Korean electronics maker LG announced on Monday that it is shutting its ailing smartphone business by July 31 to focus on its key strengths after it failed to penetrate the market.
“LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services,” the company said in a statement. ....

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Diversity now a priority even for fresher hiring

Diversity now a priority even for fresher hiring
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Diversity now a priority even for fresher hiring
TNN / Mar 16, 2021, 04:00 IST
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Chennai: Diversity, which is important for India Inc to achieve in lateral roles and leadership positions, is now finding a place in campus hiring drives as well. Companies including Intel, Cognizant, Accenture, Capgemini, PayPal, and others are sensitizing their hiring managers and stressing on diversity of gender and sexual orientation while hiring from campuses for both full-time roles and internships. Those with ‘special needs’ is another key segment they look to hire.
While merit and performance remain key criteria in assessments, companies said hiring managers are judged on the extent of diversity they bring with respect to women, people with special needs, and LGBTQ candidates. “Out of all our diversity targets, 30%-40% comes from college hiring. So it is very important to hav ....

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