For the first time in five years, the profits of Indias state-owned companies shrank, by about 20 per cent in 2015, with 77 public-sector units (PSUs) reporting losses and contribution to the exchequer dropping Rs 20,000 crore ($3 billion) over the previous year, according to the latest government data available. ...

Samsung India Electronics will make all the future launches, including entry level smart phones, with 4G facilities and it expects to gain the market share in the current year on the back of new launches, a top company official said on Thursday....
Bargain hunting and positive global indices lifted the Indian equity markets on Thursday. ...
Indian manufacturers -- both public and private -- must provide quality products at affordable costs to face the challenges from China, Union Minister Anant Geete said here on Thursday. ...
US-based technology company IBM and Indian Angel Network (IAN) on Wednesday announced a partnership to accelerate technology innovations in the start-up and entrepreneurial ecosystem in India....
The Kerala government will devise a new strategy to support small and medium IT companies in the state to tap into the Middle East markets more effectively, a senior IT official said on Wednesday....
Microsoft on Wednesday announced that software and technology firm SAP will make its "SuccessFactors" Cloud-based human capital management (HCM) service available on Microsoft's Azure over the next five years....

The Supreme Court on Wednesday directed real estate major Unitech to refund the principal cost of flats to 39 buyers who had booked apartments in a Gurgaon project seven years back and have still not got possession of their houses. ...

With 110 skyrises, metro service, bus rapid transport, elevated walkways, automated waste collection and a host of other amenities, the Rs 70,000 crore ($11.1 billion) Gujarat International Finance Tec City (or Gift City) between Ahmedabad and Gandhinagar not only wants to emerge as India's first Smart City, but also become a model for others to...

When it comes to building Smart Cities, Internet of Things (IoT) and Cloud are two key components to make things work. For Cisco CEO Chuck Robbins, these two components are now part and parcel of his life as the networking major turns its focus towards IoT and Cloud for delivering connected cities. ...