IT industry against a single digital European market

Last Updated: Thursday, May 7, 2015, 09:41

It is a new platform regulation as a way to affect the market position of US-headquartered tech companies.

Brent crude slips towards $66 on Saudi plan to halt Yemen bombing

Last Updated: Tuesday, May 5, 2015, 10:13

Brent crude oil futures slipped by 8 cents to $66.37 a barrel by 0215 GMT, after touching a 2015 high of $67.10 on Monday.

'China's economy seen slowing to 6.8% in Q2'

Last Updated: Monday, May 4, 2015, 08:34

The forecast by the State Information Centre backed last month`s move by China`s central bank to cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, to combat slowing growth.

Huawei CEO says Chinese cybersecurity rules could backfire

Last Updated: Wednesday, April 22, 2015, 15:47

China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei`s rotating chief executive Eric Xu told Reuters on Tuesday.

New LED tech boosts Wi-Fi bandwidth tenfold

Last Updated: Tuesday, April 21, 2015, 13:20

The technology could be integrated with existing WiFi systems to reduce bandwidth problems in crowded locations, such as airport terminals or coffee shops, and in homes where several people have multiple WiFi devices.

Rio Tinto bets on cloud to make IT count, ropes in Accenture

Last Updated: Thursday, April 16, 2015, 18:51

Global mining major Rio Tinto will move its core IT systems to cloud computing to cut costs as well as enable innovation, and has roped in consultancy firm Accenture for this purpose.

Alibaba Health shares set to open up 77% on online pharmacy business merger

Last Updated: Wednesday, April 15, 2015, 08:27

The transaction of Tmall online pharmacy is expected to complete in the third quarter of 2015, Alibaba Group said.

Oil prices rise on expected US shale production dip

Last Updated: Tuesday, April 14, 2015, 09:59

Crude prices rose on Tuesday after the U.S. Energy Information Administration said it expected U.S. shale oil output to record its first monthly decline in over four years.

Ravi Shankar Prasad requests Apple Inc to set up R&D facility in India

Last Updated: Friday, April 10, 2015, 18:34

Communications and IT Minister Ravi Shankar Prasad Friday asked tech giant Apple to consider opening an R&D facility in India as the country offers great business opportunities.

Govt mulls blocking of apps of Uber,Ola, others across country

Last Updated: Sunday, April 5, 2015, 16:35

The official added that it is technically not possible to block an application only in Delhi and the execution can only happen at the national level.

Oil rebounds above $56 as weaker dollar overshadows China slowdown

Last Updated: Tuesday, March 24, 2015, 18:21

Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

I-T dept collects over Rs 3,500 crore from non-filers

Last Updated: Tuesday, March 24, 2015, 16:27

The Income Tax department has issued over 20 lakh "intimations" and collected Rs 3,569 crore in the current financial year from those taxpayers who had either not filed their tax returns or did so incorrectly.