COUNTLESS SUCESS

The government on Thursday issued revised safety and quality guidelines for ‘adventure tourism’ in India.The guidelines, which have been formulated in from The Hindu - Business https://ift.tt/2kD9emt

Funds to be used for expansion from The Hindu - Business https://ift.tt/2LOeQqj

CEO Musk had cited norm on local sourcing of components from The Hindu - Business https://ift.tt/2xtt2lN

We have learned a lesson and have implemented the correction, says PNB’s MD from The Hindu - Business https://ift.tt/2LOeNuD

The Chinese smartphone maker may command up to $100 billion in valuation from The Hindu - Business https://ift.tt/2xwsGur

‘Smelting provided only about 5% of gross annual EBITDA’ from The Hindu - Business https://ift.tt/2La334x

The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted the petition of debt- ridden Jaiprakash Associates challenging NCLT order, wh from The Hindu - Business https://ift.tt/2Jgt7Ob

India’s fiscal deficit in the year ended March 2018 came in at 3.53% of gross domestic product, in line with the revised estimates, government data sh from The Hindu - Business https://ift.tt/2xwqG5p

As of May 30, more than 2 cr. e-waybills had been generated from The Hindu - Business https://ift.tt/2LJuPpH

‘Venkataramanan was intimately involved in AirAsia India’ from The Hindu - Business https://ift.tt/2xsjSpG

India’s annual infrastructure output grew 4.7% in April from a year ago, government data showed on Thursday.The growth in output compares with an upwa from The Hindu - Business https://ift.tt/2J4hff3

European steel makers are bracing themselves for the full force of U.S. steel and aluminium tariffs — and a potential trade war — as a deal on exempt from The Hindu - Business https://ift.tt/2sonm7x

However, economic growth slowed to 6.7% in 2017-18 compared to 7.1% in 2016-17. from The Hindu - Business https://ift.tt/2xucMAN

The deadline for submitting expression of interest for Air India's stake sale ended on Thursday at 5 p.m. from The Hindu - Business https://ift.tt/2ssRptX

The new billing system will be implemented in Chhattisgarh, Goa, Jammu & Kashmir, Mizoram, Odisha, and Punjab on June 1, in Tamil Nadu on June 2, and in West Bengal on June 3. from The Hindu - Business https://ift.tt/2LGzjO1

‘SEBI notice similar to earlier missive’ from The Hindu - Business https://ift.tt/2L7TDqx

MumbaiState Bank of India (SBI) - the country’s largest lender - has hiked retail fixed deposit rates by 5 to 15 bps for two maturities. Deposit rate from The Hindu - Business https://ift.tt/2JeJta1

Sale to help pare debt, fund buyback from The Hindu - Business https://ift.tt/2L7m6MT

Higher income spurs net to ₹59.64 cr. from The Hindu - Business https://ift.tt/2sjNLU9

Provisions rose by ₹3,155 crore in Q4 from The Hindu - Business https://ift.tt/2xtsMTP

Directive follows settlement deal with Ericsson; ₹25,000-cr. asset sale cleared from The Hindu - Business https://ift.tt/2J2J4Eo

The National Company Law Appellate Tribunal (NCLAT) on Wednesday allowed Vedanta Ltd. to make an upfront payment of ₹5,320 crore to lenders for the a from The Hindu - Business https://ift.tt/2sjLjNr

‘Named in matters where I had no role’ from The Hindu - Business https://ift.tt/2slPhow

Asks CRAs make website disclosures from The Hindu - Business https://ift.tt/2L7t0li

About 10 lakh employees on protest against ‘meagre’ raise from The Hindu - Business https://ift.tt/2siCJy7

The Central Bureau of Investigation (CBI) has booked stock broker OPG Securities, its owner Sanjay Gupta and others, including unknown officials of th from The Hindu - Business https://ift.tt/2J0RlbP

IOC blames earlier reduction on a technical glitch. from The Hindu - Business https://ift.tt/2xrSUhX

“All allegations of wrong doing or illegality against him were baseless.” from The Hindu - Business https://ift.tt/2L3HJOf

Formal employment in India is heavily reliant on medium-skilled occupations. These include clerical, service and sales workers, skilled agricultural from The Hindu - Business https://ift.tt/2xqQhNh

Economy takes precedence over environmental ethics. Even the generous-hearted philanthropist among us is swayed by it from The Hindu - Business https://ift.tt/2kCLWxc

The UAE’s Ministry of Climate Change and Environment said a circular has been issued to the concerned local authorities from The Hindu - Business https://ift.tt/2IZgQu5

The board of ICICI Bank has decided to form a panel headed by an independent person to look into the allegations made by a whistleblower against its M from The Hindu - Business https://ift.tt/2LFNl2e

It’s a premium green destination that can break the bank, but will leave you richer with memories of geological stunners from The Hindu - Business https://ift.tt/2LJLBFk

For the world economy, Moody’s expected 2018 to be a year of robust global growth, similar to 2017. from The Hindu - Business https://ift.tt/2sp13hb

AirAsia which was founded in 2001 with two aircraft, announced plans for an IPO for the India unit. from The Hindu - Business https://ift.tt/2xwBtge

The airline said similar allegations had earlier been communicated to it by Sebi in June 2016, based on a complaint. from The Hindu - Business https://ift.tt/2xzr8Ab

The Bombay High Court has barred Singapore Exchange (SGX) from rolling out its India derivatives products till the time a court-appointed arbitrator from The Hindu - Business https://ift.tt/2IYlRTV

Q4 profit declines to ₹1,295.3 crore; annual profit dips 24% from The Hindu - Business https://ift.tt/2IU3DXC

Indian shares worth ₹78.5 cr. bought in a single month, trend attributed to fall in rupee, bland performance of other assets from The Hindu - Business https://ift.tt/2IYDsLx

‘On account of unwarranted profit’ from The Hindu - Business https://ift.tt/2L6PLGf

One97 Communications Limited, the parent firm of Paytm, has vastly reduced its losses. The company has reported a loss of ₹899.6 crore for FY17 in from The Hindu - Business https://ift.tt/2srjnXc

‘Auto sales growth best in 21 quarters’ from The Hindu - Business https://ift.tt/2L2wjKy

Move to help arrive at prices via market based mechanism from The Hindu - Business https://ift.tt/2H29QLd

The Bombay High Court has barred Singapore Exchange (SGX) from rolling out its proposed India derivatives products till the time a court-appointed ar from The Hindu - Business https://ift.tt/2H0ldDB

Expanding capacity for the first time post FY12, says MD from The Hindu - Business https://ift.tt/2slmAaH

The Union Government should fix a minimum factory gate price for sugar and that it should be linked to the Fair and Remunerative Price for sugarcane, from The Hindu - Business https://ift.tt/2sfVfqX

Q4 profit declines to ₹1,295.3 crore; annual profits dip 24% from The Hindu - Business https://ift.tt/2IYuQEw

State-owned power equipment maker BHEL posted more than doubling of its standalone net profit to ₹457.12 crore for the March quarter on higher sales. from The Hindu - Business https://ift.tt/2LInjeL

‘Overseas markets to contribute more’ from The Hindu - Business https://ift.tt/2GZ69Gn

Invites Munjal-Burman, TPG-Manipal & IHH Healthcare to participate in process from The Hindu - Business https://ift.tt/2IVKtRe

The total amount involved in bank loan frauds of  ₹1 lakh and above has increased 14 times in the past 10 years, according to RBI data. The total loan The total amount involved in bank loan frauds of ₹1 lakh and above has increased 14 times in the past 10 years, according to RBI data. The total loan frauds in the financial year 2017-2018 amounted to ₹22,469.6 crore. While the amount involved in loan frauds in public sector banks has increased exponentially and has grown even faster since 2014, the rate of increase in private sector banks has been relatively slower. The overall number of frauds has also increased by 20% since 2009. The RBI data was obtained in response to an RTI query by economist Prasenjit Bose from The Hindu - Business https://ift.tt/2JdSMqM

It invites Munjal-Burman combine, TPG-Manipal consortium & IHH Healthcare to participate in the process. It invites Munjal-Burman combine, TPG-Manipal consortium & IHH Healthcare to participate in the process. The board of Fortis Healthcare Ltd. has decided to initiate a fresh, time-bound bidding process for the takeover of the company. The fresh effort is intended to optimiae the company’s and shareholders’ short- and long-term interests. The board’s decision comes in the wake of a letter received from Hero Enterprise Investment Office and the Burman Family Office (Munjal-Burman consortium) on May 28 enabling the board to initiate a fresh bidding process. As a result, the Munjal-Burman consortium’s offer, accepted by the board on May 10, stands mutually terminated.And, the board has since decided to initiate a fresh bidding process. “The process has been designed to ensure a robust outcome coupled with tight timelines keeping in view the company’s near-term obligations,”

RCom time until Wednesday to reach a settlement with Ericsson. Swedish telecom gear maker Ericsson is seeking Rs. 11.55 billion ($170.22 million) from RCom and two of its units. RCom on Tuesday offered an upfront payment of Rs 500 crore to its operational creditor Ericsson, which has got an insolvency order against the Anil Ambani group firm. During the proceedings before the National Company Law Appellate Tribunal ( NCLAT), senior advocate Kapil Sibal, appearing for RCom, suggested an upfront payment. To this, the NCLAT bench headed by Chairman Justice S J Mukhopadhaya suggested settlement between parties. “You know the fate of operational creditors [in corporate resolution process]. You may not even get 5 per cent. If you want we would give you time for settlement,” the bench said. Ericsson had total dues of Rs 978 crore, which have now increased to Rs 1,600 crore, counsel appearing for Ericsson informed. “If you want, we can allow settlement. Find out ways and means to solv

Uber offers traffic data tool to government Ride hailing service provider Uber on Monday said it is working with various State government agencies to Uber offers traffic data tool to government Ride hailing service provider Uber on Monday said it is working with various State government agencies to offer its ‘Movement’ tool that can provide traffic-related insights. “The issue of [traffic] congestion is becoming [an] alarming issue across most cities in India... we have been able to gather large amounts of traffic data for several key metros in India,” said Ann Lavin, senior director (public policy and government relations) Asia Pacific of the firm. Data from the tool can be used by planners and policy makers to analyse transportation patterns, and plan future infrastructure projects accordingly. She added that Uber Movement can help driver data-driven policy making and provide the much needed impetus to urban planners and civic authorities. The U.S.-based cab aggregator had, in A

IL&FS Energy will develop infrastructure; SB Energy will oversee EPC, financing IL&FS Energy will develop infrastructure; SB Energy will oversee EPC, financing IL&FS Energy, a subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS) has partnered with SB Energy of the SoftBank Group, to jointly develop grid-connected solar parks across various locations in India. The two firms have IL&FS Energy, one of the leading operators of conventional and renewable power projects in India along with SB Energy haveagreed to facilitate the development of solar parks with aggregate capacity of more than 20 GW by 2025. 100 GW target The Centre has set an ambitious target of adding 100 GW of solar power by 2022. SB Energy has won bids for setting up 1,400 MW solar projects in India including 300 MW at the Bhadla III Solar Park developed by the Saurya Urja Company of Rajasthan Ltd., a joint venture between IL&FS Energy and the Government of Rajasthan. “

Asian carriers fill top five slots: report Asian carriers fill top five slots: report Air India’s low-cost international arm Air India Express and budget carrier IndiGo are among the top five lowest cost airlines in the world, according to Melbourne-based travel planning site Rome2rio. India ranks fourth among 46 countries with lowest average air fares, while Chile is at the top and Nepal at the bottom of the rankings. 200 carriers surveyed The study ranks 200 airlines in the world on the basis of average price per kilometre. Air India Express was at second place with an average fare of ₹5.39 per km and IndiGo ranked third with an average fare of ₹6.72 per km. Full-service carriers Jet Airways and Air India secured 12th and 13th positions, as per the 2018 global flight price rankings compiled by Rome2rio. All of the top five positions were grabbed by Asian carriers with Air Asia X ranked first, Indonesia AirAsia third and Primera Air fourth. For Europe-bound travellers, Ryanai

Aurobindo Pharma Ltd. reported fourth-quarter net profit slid less than 1% to ₹528.76 crore from ₹532.22 crore a year earlier.Revenue from operations Aurobindo Pharma Ltd. reported fourth-quarter net profit slid less than 1% to ₹528.76 crore from ₹532.22 crore a year earlier. Revenue from operations grew 11.2% to ₹4,049.1 crore. A 43.3% decline in anti-retroviral product portfolio sales to ₹148.6 crore impacted performance. The company, however, registered sales growth in the formulations business in the U.S., Europe and Growth Markets. Total formulations, including ARV, grew 12.8% to ₹3,248.6 crore during the quarter. The company reported a 4.8% increase in the API sales to ₹799.6 crore. For the full fiscal, net profit grew by over 5% to ₹2,422.92 crore (₹2,301.2 crore), while the total revenue from operations increased by 9.3% at ₹16,499.8 crore (₹15,089.9 crore). Managing director N. Govindarajan said the company has reported a healthy growth in revenues and profitability in

NCLT had ordered proceedings on a petition filed by Swedish telco Ericsson NCLT had ordered proceedings on a petition filed by Swedish telco Ericsson The National Company Law Appellate Tribunal (NCLAT) has agreed to hear on Tuesday Anil Ambani-led Reliance Communications’ (RCom’s) appeal against the National Company Law Tribunal (NCLT) order to start insolvency proceedings against the telecom firm and its subsidiaries. The insolvency petition against RCom was filed by Swedish telecom equipment maker Ericsson which alleged it had not been paid dues relating to a seven-year deal it signed with RCom to operate and manage its nationwide telecom network. The Mumbai bench of the NCLT admitted Ericsson’s petition last month. RCom had approached the appellate tribunal along with its subsidiaries — Reliance Telecom Limited (RTL) and Reliance Infratel Limited (RITL). “The appeals filed in the Hon’ble NCLAT against the NCLT orders admitting RCOM, RITL and RTL to the debt resolution process a

National Informatics Centre (NIC) will hire 800 people in the next one year, including more than 350 cybersecurity experts. “NIC currently has 4,500 p National Informatics Centre (NIC) will hire 800 people in the next one year, including more than 350 cybersecurity experts. “NIC currently has 4,500 people across India in its various operations and will hire 800 professionals in the next one year, including 355 cybersecurity experts, to tackle rising risks of cybersecurity,” said Neeta Verma, Director General, NIC. NIC provides technology support for all governance services and hosts almost 10,000 government websites. The NIC on Monday also opened its fourth data centre in Bhubaneswar after Delhi, Hyderabad and Pune. “With a slew of government apps including mygov, e-Way bill, public finance management system, e-Hospials all being hosted by NIC, the demand for computing and storage has increased many folds," Ms Verma said. “The new cloud-enabled National Data Centre aims to o

MumbaiState-run lender Bank of India reported Rs 3969 crore loss in the quarter ended March 31 and compared to Rs 1045 crore loss during the same per State-run lender Bank of India reported a ₹3,969-crore loss in the quarter ended March 31, fuelled by an increase in provisions for bad loans and losses in the bond portfolio. The bank had reported a loss of ₹1,045 crore a year earlier, while the quarter ended December saw a loss of ₹2,341 crore. The bank’s asset quality worsened with gross non-performing assets (NPAs) reaching 16.58% of gross advances, compared with 13.22% year earlier, while net NPAs rose to 8.26% from 6.9%. Gross NPAs or bad loans rose to ₹62,328.46 crore on March 31, 2018, from ₹52,044.52 crore a year earlier. Provisions for bad loans increased to ₹6,699.23 crore from ₹4,483.53 crore. “We are going in the right direction and hopefully, next quarter will be stronger,” said Dinabandhu Mohapatra, MD and CEO, BoI. ‘FY19, a new beginning’ “If you see the kind of resp

Auditor exits, board meeting cancelled Firm cancels May 30 board meeting Shares of Manpasand Beverages lost 20% on Monday after the company announced the sudden resignation of Deloitte Haskins & Sells, the statutory auditors of the company, while cancelling the board meet scheduled to be held on Wednesday. On the BSE, the shares of the Gujarat-based company remained locked at their lower circuit of 20%, declining ₹86.20 to ₹344.80. In a filing with the exchanges on Sunday, the firm said while Deloitte had resigned as its statutory auditor effective May 26, Manpasand had appointed Mehra Goel & Co. as the new statutory auditor “to fill the casual vacancy... who shall hold office as such till the conclusion of the ensuing annual general meeting, subject to the approval of the members of the company.” It added that the board meeting to approve FY18 results, scheduled for May 30, had been cancelled. The board of the company, which makes the popular Mango Sip drink, was scheduled

Public sector banks’ employee unions are going ahead with two-day strike starting May 30 to protest Indian Banks’ Association’s (IBA) offer of a “meag Public sector banks’ staff unions are going ahead with a two-day strike starting May 30 to protest Indian Banks’ Association’s (IBA) offer of a “meagre” 2% salary hike for staff, among other reasons. On May 11, United Forum of Bank Unions (UFBU) said that “since there has not been any response from the government to the communication of UFBU and there is no change in the attitude of IBA to improve its initial offer of 2% wage increase, UFBU… has served notice to IBA and others concerned on May 10, 2018 that all India bank strike will be observed on May 30 and 31, 2018.” In a regulatory filing, State Bank of India said that its operations were likely to be impacted by the strike since its employee unions were a part of UBFU. “All India State Bank Officers’ Federation and All India State Bank of India Staff Federation are members of U

RBI officers protest appointment Will oversee accounts, strategy, budget Sudha Balakrishnan, a former vice president at National Securities Depository Ltd., assumed charge as the first Chief Financial Officer (CFO) of the Reserve Bank of India (RBI) on May 17. Ms. Balakrishnan, who has been appointed in the rank of an executive director, is tasked to oversee several portfolios including government and bank accounts, corporate strategy and budget and will report to Deputy Governors Viral Acharya and B.P. Kanungo, an official at the RBI said on condition of anonymity. An e-mail seeking comment from the central bank remained unanswered till the time of going to press. The Reserve Bank of India Officers’ Association had earlier opposed the move on the ground that there was no statutory or legal requirement for the appointment of a CFO. It had also contended that since no accounting standards were strictly applicable to a central bank, the need for a CFO appeared superfluous. Job pro

L&T Q4 net profit up 5% to Rs 3,167 cr (Eds: Correcting company’s name in para 3) New Delhi, May 28 (PTI) Infrastructure giant L&T today regis L&T Q4 net profit up 5% to Rs 3,167 cr (Eds: Correcting company’s name in para 3) New Delhi, May 28 (PTI) Infrastructure giant L&T today registered 4.72 per cent jump in consolidated net profit to Rs 3,167.47 crore for the fourth quarter ended March 31, 2017-18. It had clocked a net profit of Rs 3,024.61 crore in the January-March quarter of the preceding fiscal, 2016-17. “The consolidated gross revenue in the quarter January to March 2018 totalled Rs 40,678 crore recording an increase of 10 per cent on a year-on-year basis,” Larsen and Toubro said in a statement. Its total expenses during the quarter under review grew to Rs 36,198.11 crore as against Rs 33,464.06 crore during the year-ago quarter. The order intake grew 5 per cent to Rs 49,557 crore during the quarter, it said, adding that international order inflow at

The benchmark Sensex reclaimed the 35,000 mark on Monday as a fall in the global crude price led to significant gains in the leading Asian markets wh The benchmark Sensex reclaimed the 35,000-mark on Monday as a fall in the global crude prices led to significant gains in leading Asian markets while lifting investor sentiments in the domestic bourses as well. The 30-share Sensex gained 240.61 points to close at 35,165.48 with as many as 22 constituents of the index ending the day in the green. The index had last closed above the 35,000-mark on May 17 and since then, lost considerable ground on account of the rising crude prices that hit $80 a barrel. Brent crude futures have corrected a tad and are currently trading at about $75 a barrel. Not surprisingly, oil marketing majors like HPCL and BPCL gained 6.10% and 5.17%, respectively on Monday. Meanwhile, the broader Nifty of the National Stock Exchange rose 83.50 points to close at 10,688.65. A fall in crude prices is good for t

The research arm said that these revenue, if foregone, would not impact states fiscal position. The research arm said that these revenue, if foregone, would not impact states fiscal position. States have the leeway to cut petrol prices by ₹ 2.65 a litre and diesel by ₹ 2 a litre without any impact to their fiscal position, research arm of State Bank of India said. “Our analysis shows that at the current crude prices, and extending our analysis to 19 states (overall consumption share is 93% both in petrol and diesel), the states could have gained at least an additional ₹ 18,728 crore of revenue, based on an average crude oil basket of around $72 / barrel for FY19,” SBI Research said in a report. This translated into an additional revenue of ₹ 2,675 crore over and above the budget estimates of States revenue for every $1/ barrel increase in oil prices, it added. The research arm said that these revenue, if foregone, would not impact states fiscal position. “We estimate that, on an

The third generation of the Cayenne Turbo will arrive at showrooms in India from June onwards, the company said in a statement. The third generation of the Cayenne Turbo will arrive at showrooms in India from June onwards, the company said in a statement. Luxury sports car maker Porsche on Monday announced opening of bookings for its flagship SUV, Cayenne Turbo, priced at ₹ 1.92 crore (ex-showroom India). The third generation of the Cayenne Turbo will arrive at showrooms in India from June onwards, the company said in a statement. “The new Cayenne Turbo represents the start of an exciting introduction phase for us, with the Cayenne and Cayenne E-Hybrid also set to arrive in showrooms later this year,” Porsche India Director Pavan Shetty said. The vehicle is powered by a four-litre V8 bi-turbo petrol engine which delivers 550 hp and can reach a top speed of 286 km/hr. It is equipped with a host of luxury features such as surround sound system, 18-way sport seats, integrated headr

The move comes in the wake of concerns expressed by shareholders over the decision of the board to pick the consortium ahead of others. The move comes in the wake of concerns expressed by shareholders over the decision of the board to pick the consortium ahead of others. The consortium comprising Hero Enterprise Investment Office and Burman Family Office has given its consent to Fortis Healthcare Ltd for reopening the bidding process. The consortium, it may be recalled, has been picked by the board of Fortis for the takeover of the company. The consortium’s move comes in the wake of concerns expressed by a section of the shareholders over the decision of the board to pick the consortium ahead of other stronger bidders. Early this month, the board of Fortis approved the consortium’s offer to invest ₹ 1,800 crore. In a letter to the company’s board on Monday, the Hero-Burman group acknowledged stakeholders’ preference for reopening the bidding process. “We believe that this situ

Window Seat Films, LLP, is Reliance Entertainment’s fifth creative partnership with leading Indian filmmakers to form a production company Window Seat Films, LLP, is Reliance Entertainment’s fifth creative partnership with leading Indian filmmakers to form a production company Billionaire Anil Ambani-led Reliance Entertainment on Monday said it has formed a 50:50 joint venture with one of India’s most celebrated filmmaker, Imtiaz Ali, for production of movies. Window Seat Films, LLP, is Reliance Entertainment’s fifth creative partnership with leading Indian filmmakers to form a production company, a company statement said. Starting with Socha Na Tha, Imtiaz has made several films including Jab We Met, Love Aaj Kal, Rockstar, Tamasha, Highway and Jab Harry met Sejal. “This creative and business mix will benefit from the artistic abilities of Imtiaz, and the global marketing and distribution capabilities of Reliance Entertainment,” the statement said. Amitabh Jhunjhunwala, vice-ch

US-based cab aggregator Uber on Monday said it has elevated its India head Amit Jain as Regional General Manager for Asia Pacific region.“Amit Jain, US-based cab aggregator Uber on Monday said it has elevated its India head Amit Jain as Regional General Manager for Asia Pacific region. “Amit Jain, currently, President of Uber India and South Asia, will be stepping up to lead our ride-sharing operations as the new Regional General Manager, APAC,” an Uber spokesperson said in an e-mailed statement. With this, Mr. Jain will be responsible for the APAC region, which includes Australia, New Zealand, and North Asia, in addition to India and South Asia. Mr. Jain had joined Uber India in May 2015 from rent.com. “I am really excited to be stepping up to lead Uber’s ride-sharing operations in APAC. We have amazing people doing phenomenal work here at Uber, and I am excited to work with them to grow and expand our business in APAC,” Mr. Jain told PTI. South Asia, including India, is an impo

‘Many firms in India are still not ready for compliance with the law, which covers all entities doing business in the EU’ from The Hindu - Business https://ift.tt/2Ja5PcM

Most of us visualise a digitally transformed organisation as its front-end avatar, delivering great experiences on demand and fulfilling customers’ re from The Hindu - Business https://ift.tt/2so7CAP

Mutual fund houses have been making changes to their schemes following a directive from regulator Securities Exchange Board of India (SEBI) last year. from The Hindu - Business https://ift.tt/2kverNi

Only 15%, or 70, of the 453 routes in the regional air connectivity scheme are operational from The Hindu - Business https://ift.tt/2IT6dgI

NITI Aayog Vice-Chairman Rajiv Kumar on Sunday termed the performance of the NDA government ‘miraculous,’ saying that all the macroeconomic parameters from The Hindu - Business https://ift.tt/2sbCgOf

Foreign portfolio investors have pulled out $4 billion (more than ₹26,700 crore) from capital markets so far this month, primarily due to the surge in from The Hindu - Business https://ift.tt/2xo9grw

Eye ₹35,000 cr. for expansion, working capital; ‘rising utilisation levels spur trend’ from The Hindu - Business https://ift.tt/2J7IlF7

Technology allows all stages of transactions to be securely shared by members in a network from The Hindu - Business https://ift.tt/2JdGEGw

I-T notification leaves field clear for merchant bankers from The Hindu - Business https://ift.tt/2GURlZh

NITI Aayog Vice-Chairman Rajiv Kumar on Sunday termed the performance of the Modi government as ‘miraculous’ saying that all the macroeconomic parame from The Hindu - Business https://ift.tt/2krLhOU

Transporting gear for a production line by air is costly and hardly ever done in the automotive industry, and underscores Musk’s urgency to get a grip on manufacturing problems Transporting gear for a production line by air is costly and hardly ever done in the automotive industry, and underscores Musk’s urgency to get a grip on manufacturing problems Tesla Inc. has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters. Transporting equipment for a production line by air is costly and hardly ever done in the automotive industry, and the move underscores Tesla Chief Executive Elon Musk’s urgency to get a grip on manufacturing problems that have hobbled the launch of the high-volume Model 3 and pushed Tesla’s finances deep into the red. “As usual with Tesla, everything is being done in a massive hurry and money seems to be no

Islamabad scrambling to shore up plummeting forex reserves; may need IMF aid from The Hindu - Business https://ift.tt/2GW0ot2

Some of Some of our businesses are still in investment phase, will take time to deliver returns: CMD, MOFSL Some of our businesses are still in investment phase, will take time to deliver returns: CMD, MOFSL The financial services industry has historically been susceptible to disruption by evolving technology. The broking business isn’t far behind, said Motilal Oswal, CMD of Motilal Oswal Financial Services. He added that stockbroking products have remained traditional but the way they are traded has changed. Excerpts from an email interview: Given the impact of technology, what strategy is the broking industry pursuing? In the broking business, almost 49% of [revenue] now comes from the online channel and almost 25% of business comes from the mobile platform. We have launched an electronic know-your-customer-based account opening process whereby the customer account opening and onboarding are done completely online; [no] physical documentation is involved. We have also int

India’s 2017/18 cotton exports are likely to jump nearly 30% from the year before to a four-year high of 7.5 million bales, as climbing global prices from The Hindu - Business https://ift.tt/2xeQXFc

The pharmaceutical company plans to reduce “unviable” generics research from The Hindu - Business https://ift.tt/2IRdVba

Rashid Khan is fourth in the all-time Twenty20 international leg-spin bowling honours behind Shahid Afridi (97 from 98 matches), Imran Tahir (57 from 36) and Samuel Badree (54 from 48). from The Hindu - Cricket https://ift.tt/2KSzK6o

The National Stock Exchange (NSE) said a court-ordered injunction would continue against Singapore bourse SGX unveiling any India derivative contracts from The Hindu - Business https://ift.tt/2ksqFWL

State-run Hindustan Copper (HCL) said its board has recommended increasing the borrowing limit to ₹1,500 crore from the existing ₹800 crore. “The boar from The Hindu - Business https://ift.tt/2IMme7W

Some of our businesses are still in investment phase, will take time to deliver returns: CMD, MOFSL from The Hindu - Business https://ift.tt/2kqIZQ4

States can take the burden as Union govt. has promised to make up for shortfall from The Hindu - Business https://ift.tt/2INyxAX

The company also plans to expand to Canada, Australia from The Hindu - Business https://ift.tt/2sdWtT1

To tap in-house brands Aaheli Xpress, Tummy Time from The Hindu - Business https://ift.tt/2KXrXVc

The Income Tax Department has introduced and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notifi from The Hindu - Business https://ift.tt/2LwC2cJ

Speciality nutrients firm is exploring acquisitions, partnerships from The Hindu - Business https://ift.tt/2J4JfCm

Afghanistan President calls him a hero from The Hindu - Cricket https://ift.tt/2KYLjsL

The biggest gain for the CSK during its comeback season has been Rayudu’s inclusion in the squad. from The Hindu - Cricket https://ift.tt/2sdVYs7

Aim to make products ‘intelligent’ using five senses: CEO from The Hindu - Business https://ift.tt/2xehvGO

VAS firm more into entertainment now as ring back tone services are on decline from The Hindu - Business https://ift.tt/2saLiLm

Coir Board aiming to increase realisation of coconut husk in A.P., Odisha from The Hindu - Business https://ift.tt/2xp0QR5

Special package to benefit SHGs, FPOs from The Hindu - Business https://ift.tt/2sajU0h

‘We see future growth in Asia’s third-largest economy, says Dutch Minister Sigrid Kaag from The Hindu - Business https://ift.tt/2xfMJgE

‘Mateship, sticking together important‘ from The Hindu - Cricket https://ift.tt/2IMCUrQ

Skipper Dhoni has the ability to make players relax mentally, says Balaji What makes Chennai Super Kings the most consistent team in the IPL? The side has now made its seventh final in nine appearances, has won the title twice. The Hindu caught up with CSK’s bowling coach L. Balaji, a key seamer for the side in its early years, for his views on the qualities that drive this popular Chennai outfit. The former India paceman said, “To start with, there have always been several match-winners in the side, with the bat and the ball.” Balaji elaborated, “Now you have Dhoni, Raina, Bravo, Rayudu, Watson, Faf du Plessis, Harbhajan, Ngidi and any of them can win you the match. “Previously, we had Hayden, Hussey and Muralitharan. Along with team effort, you have individual brilliance.” Many leaders And then there are several leaders within the group. Balaji observed, “This has been CSK’s hallmark. Apart from skipper Dhoni, you have du Plessis, Bravo, and Watson, all of whom will offer th

On the flip side, the IPL has resulted in many players preferring to be T20 freelancers and that could weaken international cricket’s longer formats. The IPL has offered financial security to a wide range of cricketers. It has changed cricket’s commercial scenario so much that it has inspired the mushrooming of leagues across the cricket-playing world. How has it fared in its 11th year? Ever since its maiden steps in 2008, the Indian Premier League (IPL), often seen as a blend between cricket and entertainment, has been a big hit. With leading international players adding to the allure, the summer league has its charms. Despite controversies like the 2013 spot-fixing scandal, the IPL remains a steady brand, dishing out quality cricket and throwing the spotlight on fresh talent. The story is no different in the latest edition. In fact, the frenzy has been much more than the last two seasons, thanks to the return of Chennai Super Kings (CSK) and Rajasthan Royals after their two-year su

Last Tuesday, Allahabad Bank’s managing director and chief executive officer Usha Ananthasubramanian found herself divested of all executive powers b from The Hindu - Business https://ift.tt/2sfo3zj

Investors are closely watching Tesla and its high-profile, often brash CEO to see if the upstart electric vehicle maker can pull off high-volume production of the Model 3. from NDTV Gadgets - Latest https://ift.tt/2IL17mk

Digital payments company Paytm on May 26 said it does not share data of its users with any third-party or government.“We never share your (user) dat from The Hindu - Business https://ift.tt/2KYgOU7

The minister said the country’s mood from despair has transformed into hope and aspirations. from The Hindu - Business https://ift.tt/2kqIKod

The first hybrid computer by Apple is rumoured to debut as early as 2020. from NDTV Gadgets - Latest https://ift.tt/2KYZK0j

The Exynos 9810-powered Samsung Galaxy Note 9 scores surpassed the results of its Snapdragon 845-based counterpart. from NDTV Gadgets - Latest https://ift.tt/2KU8LaO

Pakistan were dismissed for 363 — a first-innings lead of 179. from The Hindu - Cricket https://ift.tt/2IPqzrb

For the Xiaomi IPO, timing for the so-called listing hearing could slip, depending on the volume of questions from the exchange ahead of the meeting. from NDTV Gadgets - Latest https://ift.tt/2IQqejC

Along with Mi Note 5, Xiaomi is also likely to unveil the Mi Band 3 and Surge S2 SoC at the May 31 launch. from NDTV Gadgets - Latest https://ift.tt/2Je5OEC

There's no way to eliminate privacy risks nowadays short of unplugging entirely, but you can minimise the odds with these tips. from NDTV Gadgets - Latest https://ift.tt/2J4ispV

Although Microsoft's new tool may not eliminate the problem of bias that may creep into Machine-Learning models altogether, it will help AI researchers catch more instances of unfairness. from NDTV Gadgets - Latest https://ift.tt/2GR7IWM

iOS 12 will reportedly allow users to unlock NFC-enabled doors and potentially transmit data to transit systems, personal authentication devices, etc. from NDTV Gadgets - Latest https://ift.tt/2IPHkyj

Kohli heaped praise on his Royal Challengers Bangalore teammate and congratulated him on his illustrious career. from The Hindu - Cricket https://ift.tt/2sehiO8

The ICC has prohibited players and officials from using communication devices, especially smart watches, on the field of play as well as the dressing from The Hindu - Cricket https://ift.tt/2ksJcm5

Elon Musk recently warned that if not regulated or controlled soon, AI will become an "immortal dictator" and there will be no escape for humans. from NDTV Gadgets - Latest https://ift.tt/2kqDKjr