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Technology, social media of huge help at Haj

Saudi security officers monitor live feed screens of Makkah, along with highways and high density areas, during Haj. New Delhi: This year, as around 2.35 million Muslims from across the world gathered in Makkah “to renew their sense of purpose in life, erase past sins and beg God for forgiveness and guidance” at the annual Haj pilgrimage, technology and the ... Read More »

Bajaj Finance launches Rs4,500 crore QIP at floor price of Rs1,777.9 per share

Bajaj Finance shares closed at Rs1787.5 on Tuesday, down 0.64%. Photo: Hemant Mishra/Mint Mumbai: With Bajaj Finance Ltd launching a Rs4,500 crore qualified institutional placement (QIP) on Tuesday, fundraising through this route is poised to set a new record this year. So far this year, 17 companies have raised Rs34,181.52 crore through QIPs. In 2009, 54 companies had raised Rs34,675.75 crore, ... Read More »

Look at L&T Finance Holdings: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, “I personally hold L&T Finance Holdings in my portfolio and I have been holding it for the last three years or so. Just after listing, I purchased it. So, point is this that this stock is actually now available at 3.8 times book and its strategy has been totally revamped, changed and now it has just ... Read More »

Amazon Said to Be Looking at New Food Technology for Home Delivery

Amazon.com is exploring a technology first developed for the US military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion US grocery business. The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year, officials ... Read More »

Xiaomi Mi 6c Renders, Specifications, and Price Leak Hints at Imminent Launch

HIGHLIGHTS Xiaomi Mi 6c may be launched in 4GB and 6GB RAM variants Leaked render shows the back and front of the device The Xiaomi Mi 6c is priced starting at CNY 2,000 Xiaomi Mi 6’s toned-down version – Xiaomi Mi 6c – has been spotted earlier, but this time around renders and specification details have surfaced, laying more weight at its imminent ... Read More »

Samsung Hints at Upcoming Smartwatch-Fitness Tracker Hybrid

HIGHLIGHTS Samsung is working on a fitness tracker-smartwatch hybrid wearable Samsung has asked some members about promotional taglines It’s not clear when this product will be unveiled The nascent wearables market is seeing its ups and downs, and Samsung looks like it plans to stay in the business with a new kind of wearable device. The South Korean giant is sending out ... Read More »

Microsoft Surface Pro 5 Expected at ‘What’s Next’ Event on May 23 in Shanghai

HIGHLIGHTS Panos Panay has confirmed his presence for the event Panay used “#Surface” tag in his tweet for the event Surface hardware is expected to be launched Microsoft has announced that the company will be holding an event later this month on May 23 in Shanghai and “will show the world what’s next.” While the company has not shared any further ... Read More »

Charles Bachman, Database Management System Pioneer, Dies at 92

Charles W. Bachman, a software engineer whose creation of the first database management system helped popularise computers in the corporate world and earned him the highest honor in computer science, died July 13 at his home in Lexington, Massachusetts. He was 92. The cause was Parkinson’s disease, said a daughter, Chandini Bachman. When Bachman joined General Electric in 1960, computers ... Read More »

What’s on the Agenda at China’s Five-Yearly Finance Meeting: Q&A

Xi Jinping  Photographer: SeongJoon Cho/Bloomberg Once every five years, China’s leaders get together to consider ways to improve the country’s gigantic and complex financial system. The next meeting of the National Financial Work Conference takes place July 14-15 in Beijing, with President Xi Jinping expected to attend. There’ll be plenty to talk about. Reining in financial risk is a key ... Read More »

China car population reaches at 205 mn

China has 168 million small cars and the number of trucks reached 22.7 million. Beijing: China’s car population rose to 205 million with the registration of 9.38 million new cars in the first half of 2017, the Ministry of Public Security said on Tuesday. By the end of June, China had 328 million car drivers, Xinhua news agency cited the Ministry’s Traffic Management ... Read More »