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Coronavirus impact: Smartphone shipments to dip 48% in June quarter

COVID-19 will lead to fundamental, and possibly, permanent behavioural changes in the way people shop, consume media and how they regard the brands they do business with, said Prabhu Ram of CMR




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Coronavirus: WHO plans to launch app to check COVID symptoms, contact tracing

Engineers have done preliminary work and talked to smartphone operating system makers Apple Inc and Google about possibly adopting technology the companies plan to release jointly this month to make tracing easier




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Reliance Jio introduces new annual work-from-home plan, some add-on plans, get all details

Jio has introduced an annual work-from-home annual plan for Rs 2399 that gives its users 2GB daily data. It has also brought in three work-from-home add-on plans.




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Xiaomi Mi 10 vs OnePlus 8 Pro: A quick comparison of two flagship phones

Xiaomi has finally launched the Mi 10 in India, and with starting price of Rs 49,999, it goes up against the likes of the OnePlus 8 and the OnePlus 8 Pro, which were recently launched in India. Here it is compared with the OnePlus 8 Pro.




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Xiaomi Mi 10 at Rs 49,999: Why it makes complete sense

Xiaomi's Mi 10 competes fiercely with premium-end flagships from the Android universe -- both in terms of hardware and design. Here's why it could end up being a winner.




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Google Duo adds Family Mode, web-based calls, other features to be rolled out soon

Google Duo has added a family mode feature which lets its users get a more personalised experience by using AR effects and options to doodle.




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Facebook rolls out Dark Mode for desktop, other features for all users

Facebook had announced a redesign of its desktop version in the F8 conference this year. Now, it is officially available for all users around the globe.




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Panasonic resumes sales in green, orange zones; to take call on production soon

Panasonic has prepared for staggered operations at retail and brand stores that have been recalibrated to abide by social distancing norms and deployed all safety measures such as placement of sanitisers, mandatory usage of masks, and contact-less assistance to consumers




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Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today




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SBI Cards share price rises over 2% ahead of Q4 earnings today

Share price of SBI Cards and Payment Services gained 2.44% to Rs 587.80 compared to the previous close of Rs 573.80 on BSE




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Rupee vs dollar: Rupee rises 45 paise to 75.27 amid weak dollar, fund inflows

At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close




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RIL share gains over 4% as Vista Equity Partners to invest Rs 11,367 crore into Jio Platforms

Share price of Reliance Industries gained 4.43% to Rs 1,574 compared to the previous close of Rs 1,507 on BSE. Reliance Industries stock gained 9.11% in the last four days




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Franklin Templeton issues 'unconditional apology' to SEBI on global chief's comments

The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets




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Sensex gains 199 points, Nifty closes at 9,251; HUL, Reliance Industries top gainers

Stock specific action was seen in index heavyweight Reliance Industries gained 3.43% to Rs 1,558 on BSE after PE firm Vista Equity Partners said it would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.




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Asian Paints stock falls amid report Reliance Industries to sell 4.9% stake

Shares of Asian Paints closed 1.01 per cent lower at 1,577against previous close of Rs 1593 on BSE




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Biocon share price rises 3% on receiving EIR from USFDA

Share price of Biocon rose up to 3.22% to Rs 360.9 against previous close of Rs 349.65 on BSE




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RBL Bank share price falls over 8% on weak earnings in Q4

Share price of RBL Bank fell up to 8.77% to Rs 117.6 compared to the previous close of Rs 128.90 on BSE




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Tata Motors share price closes nearly 2% lower after firm cancels Rs 1,000-crore NCDs issue

Share price of Tata Motors slipped 2.36% intra day to Rs 84.85 compared to the previous close of Rs 82.50 on BSE




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Tax-News.com: Germany Approves VAT Cut For E-Books

The German Cabinet has approved a proposal to reduce the rate of value-added tax on electronic publications. The rate is expected to drop from January 1, 2020.




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Tax-News.com: Germany To Cut Corporate Tax For SMEs

On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany.




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Tax-News.com: German Government Approves Climate Plan

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport.




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Tax-News.com: Switzerland Sends 2019 Taxpayer Data Under CRS

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.




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Tax-News.com: Germany To Launch Special Anti-Tax Fraud Unit

On November 18, 2019, the German Ministry of Finance published a question and answer section on its website to clarify the role of a new special unit within the tax authority designed to detect cases of tax fraud more quickly.




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Tax-News.com: German Lawmakers Reject VAT Cut On Rail Fares

The upper house of the German parliament, the Bundesrat, has rejected certain tax elements of the Government's climate protection plan, including a reduction in value-added tax on long-distance rail travel.




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Tax-News.com: German Lawmakers Agree Climate Package

On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures.




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Tax-News.com: Switzerland Simplifies Process For German WHT Refunds

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.




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ICICI Bank FY20 results: Profit jumps 135% to Rs 7,931 crore; asset quality improves

For the fourth quarter ended March 31, 2020, ICICI Bank reported a 26 per cent rise in net profit at Rs 1,221 crore compared to Rs 969 crore a year ago




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Coronavirus lockdown: It's Delhi vs Bihar on who pays the train fare for migrant workers

According to a PTI report, all state governments except Maharashtra have been paying for the railway costs to ferry passengers to their native places




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100 days of coronavirus in India: 1 new case in Kerala in 24 hours; 1st infection on Jan 30, says CM Vijayan

Kerala coronavirus cases: With May 8 being the 100th day of COVID-19 outbreak in India, Kerala reported only one new case in 24 hours, state CM Pinarayi Vijayan said on Friday




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Coronavirus: 6-week-old baby dies due to COVID-19 in England

UK COVID-19 news: The death comes as Britain prepares for some easing in the strict lockdown measures in place to curb the spread of the deadly virus as it is believed that Britain is past the peak of the pandemic




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Not allowing trains for stranded migrants injustice: Amit Shah tells Mamata Banerjee

In a letter to Banerjee, Shah accused the Bengal government of not allowing "shramik (worker)" trains to reach Bengal and warned that non-cooperation would create hardship for state's migrants




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ICICI Bank to raise up to Rs 25,000 crore via debt securities

ICICI Bank's board also approved issuances of bonds/notes/offshore Certificate of Deposits in overseas markets up to $3 billion in single or multiple tranches for a period of one year




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FM Sitharaman says Rs 18,253 crore disbursed under PM-KISAN scheme during lockdown

The FM also said that about three crore farmers with agricultural loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium announced by the Reserve Bank of India (RBI) in March




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Facebook allows employees to work from home until year end

The US-based firm also expects most offices to stay closed until July 6. Facebook currently employs 48,268 people, an increase of 28 percent (year-over-year)




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Coronavirus vaccine: ICMR, Bharat Biotech join hands to develop vaccine for Covid-19

Globally, efforts are underway to develop a vaccine to treat Covid 19 which has stalled economic activity and led to death of over 2.77 lakh people across the world




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Rs 411 crore loan defaulters flee country, SBI complains to CBI after 4 years

The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore




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Research Headlines - Boosting mobility for better health

The sedentary nature of modern life has had a noticeably detrimental effect on both physical and mental health. An EU-funded project has highlighted how to boost the wellbeing of Europeans by linking transport and health policies.




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Events - Transport research Arena 2020 (TRA2020) - Cancelled - 27-30 April 2020, Helsinki, Finland

TRA2020 conference in April 2020 has been cancelled

More information




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Fighting COVID-19 with facts not fear: How India can get back to work after coronavirus lockdown

Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown




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Coronavirus outbreak: Credit flow to MSMEs needs to grow 20% from 2% to address growing unemployment

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector




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4 things that may shape deal-making in post-COVID-19 world

Businesses that will be able to identify and implement changes and address new risks in the post-COVID-19 world would have advantages and can expect value appreciation




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If trials are successful, Serum Institute to sell coronavirus vaccines for Rs 1,000, says CEO Adar Poonawalla

Adar Poonawala, CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical trials




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Coronavirus crisis: Why television industry is bleeding despite record consumption

While marketing and promotional activity is not an immediate priority for advertisers struggling to re-build their own businesses, revenues will remain subdued through the middle of 2021




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Coronavirus crisis: How will Indian auto industry change post COVID-19 lockdown

With most auto-stocks down by nearly 40-70% since February 2020, the post-COVID-19 scenario might see consumers move away from all forms of shared mobility to more personal forms of transport




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Coronavirus outbreak: 3 inevitable changes COVID-19 pandemic will bring about in the world order

Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people




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Coronavirus impact: What Indian companies need to do to survive in a post COVID-19 world

Companies' success in the next 18 months won't be determined by their growth or profitability, but merely by their ability to survive and not run out of cash




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Tax-News.com: Nautilus Welcomes Progress On Maritime Labour Convention Amendment

Nautilus, an international trade union for maritime workers, has welcomed the outcome of top-level talks on updates to the Maritime Labour Convention to include measures to address bullying and harassment and to safeguard seafarers' wages when they are held captive.




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Tax-News.com: Inmarsat Hails Progress Towards Truly Global Internet

Inmarsat, together with Global Marine Networks and Network Innovations, announced on February 22 that the trial of Fleet Xpress in Antartic waters was a success. The service – the world's first globally available high-speed broadband service from a single network operator – was installed on board the adventure cruise ship Ocean Nova.




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Tax-News.com: Container Shipping Lines Offer Pricing Policy Shake-up

The European Commission has invited comments on commitments offered by fifteen container liner shipping companies to address concerns raised relating to concerted practices.