The advent of Information and Communication Technology is a major breakthrough for the organisations. The business has experienced exponential growth by virtue of the growth of the ICT application in businesses. The reception from the customers’ end with the innovative smart phones is just the icing on the cake. In the present paper we give a review of the literature on the ICT applications in the business and the formats of application on the business front. The latest trends in the ICT in business context is discussed herewith.