New Delhi

Despite ‘cloud,’ De La Rue makes a comeback

A clutch of high profile foreign and domestic firms, including the allegedly tainted and debarred De La Rue (DLR) India, participated in bids for supply of security features for Indian banknotes to the Reserve Bank of India.

As Financial Chronicle had earlier reported, RBI had issued a global tender for procurement of currency security features for currency notes in July.

US defense firms want control over tech in Make-in-India plan

U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won’t have to part with proprietary technology, according to a business lobby group’s letter to India’s defense minister.

Dependence of Indian IT cos on visas reducing: Nasscom

IT industry body Nasscom today said resumption of fast processing of H-1B visas by the US will help Indian technology companies smoothly conduct business even as they continue to focus on reducing their dependence on work visas.

Nasscom President R Chandrasekhar said the applications for work visas by Indian IT companies have halved over the last few years as the companies are leveraging new technologies to reduce dependence on visas to send workers to client sites.

Modi's meeting with FM, Finmin officials postponed

Prime Minister Narendra Modi's stocktaking of the economy has been postponed pending finance ministry putting together a comprehensive presentation on the reasons for slowdown and remedial measures it proposes.

Taking Liberty To Healers

For Anupam Bansal, executive director, it was nothing less imminent than to give Liberty Shoes a much-needed makeover. The oldest Indian shoe brand founded in 1954, was well past its glory with foreign brands sweeping the market with stylish products. Its peer group – the likes of Batas, Relaxos, Sreeleathers and Khadims have been doing well in pocket-friendly and value-for-money segment with a quick makeover.

Liberty is rolling out a new sub-brand Healers, marking its foray into the premium footwear category, with shoes starting from Rs 3,000 and going up to Rs 10,000.

Things Android phones did before iPhone X

At the launch of iPhone X, when Tim Cook said the iconic phrase used by Steve Jobs to unveil the original iPhone ‘One More Thing’, the entire tech enthusiasts’ fraternity gasped for breath. The original iPhone was the most groundbreaking piece of tech of that year. Their products literally gave Apple the edge over other manufacturers overnight. And 10 years later, after the launch of the original iPhone, in the new Apple Park, in a theatre named after Steve Jobs, Tim Cook revealed the tenth anniversary iPhone which is supposed to be the best they have ever done since the original iPhone.

Universal Robots looks to expand

Denmark based collaborative robot maker Universal Robots has recently marked its presence in the Indian market. The company has a network of 200 distributors in 50 countries and makes collaborative robots technology accessible to all levels of industry.

The company brings in safe, flexible and easy to use six axis industrial robotic arms to business of every size, all over the world.