Apple posted a quarterly profit of $18 billion -the highest ever recorded by a corporate -at the end of last year on booming sales of big-screen iPhone models, especially in China. The California tech titan also announced on Wednesday that it had sold its one billionth device powered by its iOS mobile operating system, on a day of dizzying figures -even by Apple’s high standards. Apple’s profit is around Rs 1,200...

The Indian Air Force (IAF) is moving towards an indigenous missile era that will allow India to order surgical strikes destroying targets about 300km away . In a new feat, HAL has completed integration of BrahMos thermonuclear cruise missile with Sukhoi-30 MKI after over two years of work, modifying the Russian-made aircraft. HAL director S Subrahmanyan, who led the project, said the first test flight of the modified Su-30 MKI with...

US President Barack Obama’s India visit was initially seen as more about symbolism than substance, but as it turned out, this was one of the most substantive engagements between the two countries with senior foreign ministry officials describing it as historic. Obama backed India to play a bigger role on global issues as he reiterated support to India’s candidature for a permanent membership of UN security council. The following are some...

I n what may turn out to be the first big consolidation move in the tech-backed cab services market, Olacabs is close to buying out TaxiForSure for $200-250 million, sources told TOI. The deal is already sealed and a formal announcement could be made in the next few weeks. Backed by Japan’s SoftBank Corp, Ola’s acquisition of the four-year-old startup will make the combined entity a clear leader in India’s fast-growing...

Scientists have discovered a planet with a ring around it that is 200 times larger than that of Saturn. Astronomers at the Leiden Observatory, The Netherlands, and the University of Rochester discovered the ring system 420 light years away. The system was spotted circling brown dwarf J1407b — a planet orbiting star J1407 — because of the unusual, unsteady light observed during a 52 day eclipse. The ring system likely contains...

Sensex jumped 292 points  to end close to the 30,000-mark at 29,571, extending its winning run to the eighth straight session, Nifty surpassed the 8,900-mark for the first time on optimism over the Indo-US nuclear deal amid sustained foreign fund inflows. EC warning to Kejriwal: vThe EC has warned Arvind Kejriwal from asking voters to accept bribes during his Delhi poll campaign. BJP’s CM candidate, Kiran Bedi, has sent a legal...

Kolkata is set to become India’s first fully WiFi-enabled metro city with a private operator launching the service from Park Street on February 5 and then rolling it out in a phased manner across 144 municipal wards over the next couple of months. The whole of Kolkata is expected to come under Wi-Fi coverage by Bengali New Year in mid-April. Chief minister Mamata Banerjee made the surprise announcement at the inauguration...

Three militants claiming allegiance to the Islamic State stormed a luxury Mediterranean-front hotel housing several embassies on Tuesday and killed eight people, including five foreigners, before blowing themselves up along with a hostage they had taken. In October 2013, then PM Ali Zeidan was seized by gunmen from the hotel. He was released after several hours.British PM David Cameron and then French President Nicolas Sarkozy had stayed at the hotel in...