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Moneycontrol News

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Three former Uber drivers given employee status by New York appeal body

WORLD

Three former Uber drivers given employee status by New York appeal body

This victory is 'unprecedented' and huge for Uber drivers as the company has never had to recognise any driver as an employee.

UP Police gets creative on Twitter; uses dialogue from Sacred Games to get its message across against Fake News

INDIA

UP Police gets creative on Twitter; uses dialogue from Sacred Games to get its message across against Fake News

Sacred Games- starring Nawazuddin Siddiqui, Saif Ali Khan and Radhika Apte - and its dialogues are being used increasingly to generate many memes on the Internet.

Snapchat to shut down payment transfer service Snapcash

WORLD

Snapchat to shut down payment transfer service Snapcash

After being launched in the year 2014, Snapcash had to face heavy competition from growing peer-to-peer payment apps like PayPal, Venmo and Zelle.

Xiaomi's Pocophone F1 pricing and specifications leaked

TECHNOLOGY

Xiaomi's Pocophone F1 pricing and specifications leaked

Pocophone F1 may sport a 5.99-inch screen and come in grey and blue colour options for international markets.

TV18 Broadcast Q1 loss narrows to Rs 6.8 crore, operating EBITDA grows 179%

BUSINESS

TV18 Broadcast Q1 loss narrows to Rs 6.8 crore, operating EBITDA grows 179%

TV18 reported a consolidated operating EBITDA of Rs 39 crore in Q1FY19 (a sharp improvement YoY), despite impact of losses from the startup of Colors Tamil.

FIR against Agra man for sharing 'objectionable' picture of PM Modi

TRENDS

FIR against Agra man for sharing 'objectionable' picture of PM Modi

Station house officer of Tajganj police station, Vinod Kumar, said the post had gone viral on social media

Bitcoin crosses USD 8,000-mark first time in two months

BUSINESS

Bitcoin crosses USD 8,000-mark first time in two months

In last 24-hours, bitcoin has surged about 4%. In July, it has registered a growth of 27%

An evening walk down Dalal Street | Sensex, Nifty end at record closing highs; midcaps close on a strong note

BUSINESS

An evening walk down Dalal Street | Sensex, Nifty end at record closing highs; midcaps close on a strong note

The Sensex closed up 106.50 points or 0.29% at 36825.10, while the Nifty was up 49.50 points or 0.45% at 11134.30

2018 could be 'the worst year for Apple' in the Indian market

BUSINESS

2018 could be 'the worst year for Apple' in the Indian market

Experts say entry of players like OnePlus and a resurging Samsung is making Apple’s competition intense in the premium smartphone market

World’s first 48-megapixel smartphone camera sensor unveiled by Sony

WORLD

World’s first 48-megapixel smartphone camera sensor unveiled by Sony

Sony’s “Quad Bayer” colour filter array has the potential to merge four pixels into one. This produces an effective pitch of 1.6 micrometres, significantly better than the currently best camera smartphone Google Pixel 2 XL (1.4 microns).

India no longer on list of top 10 destinations for FDI: AT Kearney report

BUSINESS

India no longer on list of top 10 destinations for FDI: AT Kearney report

The report ranked India on the 11th spot this year, down by three spots, reversing its two-year streak of rising in the rankings

Autonomous Chinese region to ban Illegal bitcoin miners by August-end

WORLD

Autonomous Chinese region to ban Illegal bitcoin miners by August-end

This confirmation came following the leak of a government notice issued by Xinjiang’s Economic and Information Commission.

Century Plyboards gains 11% on robust Q1 numbers

BUSINESS

Century Plyboards gains 11% on robust Q1 numbers

The operating profit of the company rose 41.6 percent at Rs 86.5 crore and margin was at 16.1 percent.

Mumbai to be in Guinness and Limca books of world records for potholes?

INDIA

Mumbai to be in Guinness and Limca books of world records for potholes?

Navin Lade is appealing to fellow Mumbaikars to submit photo and/or video evidence of potholes in an attempt to draw in Guiness and Limca officials.

Inox Leisure touches 52-week low despite good June quarter numbers

BUSINESS

Inox Leisure touches 52-week low despite good June quarter numbers

The company commenced the commercial operations of a multiplex cinema theatre located at INOX Leisure, Sapphire Mall, Gurugram with effect from July 24, 2018.

Kajaria Ceramics Q1 profit falls 7%, revenue rises 5% as volume growth at 9%

BUSINESS

Kajaria Ceramics Q1 profit falls 7%, revenue rises 5% as volume growth at 9%

Revenue from operations in Q1 grew by 4.6 percent to Rs 657 crore YoY with volume growth at 9 percent.

D-Street Buzz: Realty, metal gain 3%; smallcap rises 2%, IT stocks down

BUSINESS

D-Street Buzz: Realty, metal gain 3%; smallcap rises 2%, IT stocks down

Metal stocks have outperform the other sectoral indices with over 3 percent gain.

Invesco Mutual Fund revises fund manager for liquid fund

BUSINESS

Invesco Mutual Fund revises fund manager for liquid fund

Earlier, Nitish Sikand manages the scheme along with Cheemalapati

Buy Sterlite Technologies, says Nandish Shah

BUSINESS

Buy Sterlite Technologies, says Nandish Shah

The stock price is placed above all important moving average parameters, indicating a bullish trend

Buy ICICI Bank, see 9% return: Nandish Shah

BUSINESS

Buy ICICI Bank, see 9% return: Nandish Shah

We recommend buying ICICI Bank for the upside target of Rs 300, with a stop loss placed below Rs 260.

Buy Suven LifeSciences with a target of Rs 225: Nandish Shah

BUSINESS

Buy Suven LifeSciences with a target of Rs 225: Nandish Shah

We recommend buying Suven for the upside target of Rs 255, and a stop loss placed below Rs 218.

HDFC Mutual Fund seeks SEBI nod to launch low volatility ETF

BUSINESS

HDFC Mutual Fund seeks SEBI nod to launch low volatility ETF

The open-ended exchange-traded scheme will invest up to 95 percent of its assets in securities covered by the S&P BSE Low Volatility Index

Meet Rohit Prasad - The Indian-origin scientist who was crucial in making Amazon's Alexa

INDIA

Meet Rohit Prasad - The Indian-origin scientist who was crucial in making Amazon's Alexa

The Ranchi-born technology engineer is spearheading the science of voice recognition and artificial intelligence at Alexa

Flipkart plans to shut eBay in India, launch new platform to sell used goods

BUSINESS

Flipkart plans to shut eBay in India, launch new platform to sell used goods

The company will be stopping all customer transactions on eBay.in from August 14

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