Ex-JLL head Anuj Puri launches realty brokerage business

Anuj Puri, former Chairman & Country Head of international property consultancy JLL India, today announced the launch of Anarock Property Consultants, essentially rebranding JLL’s erstwhile residential brokerage business which he acquired earlier this year. Simultaneously, Puri announced the firm’s real estate investment and fund platform, which will invest Rs.300 crore in Residential real estate projects. […]

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Asian shares stumble as energy stocks fall

SYDNEY, JUNE 21:   A renewed slump in oil prices to seven-month lows put Asian investors on edge on Wednesday, overshadowing a decision by US index provider MSCI to add mainland Chinese stocks to one of its popular benchmarks. The slide in energy costs boosted bond prices and flattened yield curves as investors priced in lower […]

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Google launches free website creation tool for Indian businesses

MUMBAI, JUNE 13:   Google on Tuesday announced the launch of a new free tool to build a website through Google My Business. ‘Website With Google My Business’ is a new feature aimed at building a mobile optimised website instantly. Announcing the launch, Shalini Girish, Director – Marketing Solutions, Google, said “With over 400 million Indians […]

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Wipro lists Trump as potential threat to business in US Sec filing

In its annual filing with the US Securities and Exchange Commission, Indian IT major Wipro has mentioned US President Donald Trump as one of the risk factors, among others, that could hurt their business operations. When Trump came to power, he increased the tariff rate for US imports (goods imported in the US) and promoted greater restrictions on […]

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IT firms eyeing $1-bn business from GST transition

Indian IT firms could see business opportunity of over $1 billion in building and implementing solutions to help their clients become compliant with the GST regime.   Companies such as Infosys, Wipro, HCL Technologies, Tech Mahindra and others, which implement the enterprise software of SAP, Oracle, will now have to align the technology backbone based […]

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India pips US in Android app downloads

The increase in smartphone penetration and a sharp fall in mobile data rates allowed India to overtake the US in app downloads from Google Play Store in 2016.   Mary Meeker’s 2017 Internet Trends Report released on Wednesday says India last year saw over six billion app downloads from Google Play Store, which is the […]

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Natural Gas Production No Longer Profitable Business: ONGC

India currently imports half of its natural gas needs. India currently imports half of its natural gas needs. New Delhi: State-owned Oil and Natural Gas Corp (ONGC) has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production. The […]

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IBM Cloud eyes ‘small business’

IBM India has announced plans to focus on small and medium enterprises to drive growth in its Cloud business. “We already have large customers. But now we see very small customers getting into Cloud,” said Vikas Arora, Country Manager, Cloud Business IBM India & South Asia. “We are seeing that there is a whole new […]

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