TECH UPDATES

Facebook’s Oculus Fights Sales Ban for Virtual-Reality Headset

Facebook wants a federal judge to let it continue sales of its virtual-reality headsets even though a jury said the social-media giant’s Oculus unit stole another company’s computer code. ZeniMax Media’s request for a court order blocking sales of unspecified models of the Oculus Rift, which is priced at $600 …

Education

DU Admissions: On the lookout for best college? Here’s the deserving ones and why

As the admission season sets in, every Delhi University (DU) aspirant dreams of making it to the best college in the varsity — be it the faculty, the infrastructure or the societies. Each college has something that the students can boast about. But which one really is the best? We …

MOBILE

Imagination Tech Puts Itself Up for Sale After Apple Fight

Imagination Technologies, the British firm that lost 70 percent of its value after being ditched by its biggest customer Apple, put itself up for sale on Thursday in a disappointing end to a once-great European tech success story. Founded in 1985 and listed in 1994, Imagination has been rocked by …

News Updates

Sensex Consolidates For Second Day, Nifty Settles Below 9,650

Indian shares ended flat on Wednesday as consolidation continued after the benchmark Sensex gained over 2 per cent in last one month and 7.25 per cent in last three months. Sensex shed 13.89 points to end at 31,283.64 while the benchmark Nifty closed below the crucial 9,650 level at 9,633.60, …

Finance

Government Notifies 18 Sections, 2 Rules For GST

New Delhi: Days ahead of the rollout of Goods and Service Tax), the government today notified sections in the GST Act dealing with mandatory registration of current indirect tax payers in the new regime. As many as 18 sections relating to registration of current central excise, service tax and VAT …

Finance

Infosys Veterans Launch New Age Solution For GST Regime

Bengaluru: Infosys veterans on Tuesday launched GSTSTAR, a comprehensive solution catering to Goods and Services Tax (GST) regime needs of businesses, professionals and large organisations. “It caters to the GST needs of small and big enterprises. Minimum fee will be Rs. 500 per month for the standard on cloud version …

Finance

Rajdhani, Shatabdi Trains Set For Makeover Under ‘Operation Swarn’

New Delhi: They are the premium trains in India. Rajdhani and Shatabdi Express were started to move people who could afford to pay more for a somewhat luxurious travel. But after years of service, the trains have lost their sheen. The service has deteriorated, the cleanliness is missing, quality of …

Finance

RBI Governor Cited ‘High Uncertainty’ On Inflation For June 7 Policy Review

Mumbai: Reserve Bank of India Governor Urjit Patel cited “high uncertainty” on inflation while holding the key interest rate for a fourth successive policy review, according to minutes of the June 7 meeting of Monetary Policy Committee released on Wednesday. It was the first time that a Monetary Policy Committee …

News Updates

Diageo Buys George Clooney’s Tequila Casamigos For $1 Billion

London: Diageo, the British maker of alcoholic drinks, said Wednesday it had agreed to buy Casamigos, an upscale tequila brand co-founded by Hollywood star George Clooney, in a deal worth up to $1 billion. “This is an exciting opportunity for Diageo to strengthen its participation in the fast growing tequila …

Education

CBI books IIT-Goa director for corruption during previous stint

The Central Bureau of Investigation (CBI) booked the director of the recently established Indian Institute of Technology-Goa on Wednesday for allegedly possessing assets disproportionate to his known sources of income. Dr Barada Kanta Mishra has been accused of indulging in graft during his stint as the Institute of Minerals and …