Business

South Africa cancels arrest warrant against India-born businessman Ajay Gupta

February 17, 2019

Lack of conclusive evidence was the reason South African authorities decided to drop the arrest warrant against India-born businessman Ajay Gupta, a close aide of scandal-hit former president Jacob Zuma, an official has said. The National Prosecution Authority (NPA) decided on Thursday to scrap the arrest warrant issued last February for Ajay, who was considered […]

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Apple ropes in former Microsoft executive to boost smart home business

February 17, 2019

Recently, Apple acquired a voicetech start-up called Pullstring to strengthen Siri against Amazon’s Alexa. (REUTERS) Apple has appointed Microsoft’s former Corporate Vice President Sam Jadallah to lead the “Home” products category at Apple, CNBC reported early on Sunday. Even though Apple has not officially announced the appointment, Jadallah updated his LinkedIn bio to read – […]

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Paytm plans to cash in on Amazon’s India distress

February 17, 2019

India’s online retail industry has been in turmoil since the government implemented stringent new rules to rein in major players like Amazon.com Inc. and Walmart Inc.’s Flipkart. Amid the uproar, Vijay Shekhar Sharma — whose two-year-old Paytm Mall is backed by Alibaba Group Holding Ltd. — is quietly devising ways to outstrip his rivals. The […]

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Air India Express launches international operations from Surat

February 17, 2019

Gujarat’s ‘diamond city’ Surat has made it to the international aviation map with the first Air India Express flight arriving in Surat carrying 75 passengers from Sharjah, the airline said on Sunday. The maiden Air India Express flight IX 172 from Sharjah touched down at the Surat airport at 11.30 pm on Saturday with 75 […]

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