Global cues pull equities lower; banks stocks slump
Mumbai, Feb 9 (IANS) Indian equities on Friday plunged into the negative territory amid a global sell-off, with the key indices — the BSE Sensex and NSE Nifty50 — shedding over 400 points and 100…
Business
Jet to start second Bengaluru-Singapore flight
Bengaluru, Feb 9 (IANS) Leading Indian private carrier Jet Airways on Friday said it would operate a second flight daily on Bengaluru-Singapure route from March 15 to meet the growing demand for the service. “Jet…
Delhi begins process to provide health cards
New Delhi, Feb 9 (IANS) The Delhi government on Friday initiated a process to provide health cards to all the city’s residents for free medical services. The city government had invited Expression of Interest (EoI)…
Direct tax collections up 19%
New Delhi, Feb 9 (IANS) Direct tax collections in the current fiscal, up to January, have risen to Rs 6.95 lakh crore, which is up 19.3 per cent over the same period last year, the…
SBI posts net loss of Rs 2,416 crore in Q3
Mumbai, Feb 9 (IANS) India’s largest bank, State Bank of India (SBI), on Friday said it closed the third quarter of the current fiscal with a net loss of Rs 2,416.37 crore. In a regulatory…
John Abraham’s ‘Dhoom’ act at Auto Expo
New Delhi, Feb 9 (IANS) “Dhoom” star John Abraham, also known for his fondness for bikes, made a chic entry on a two-wheeler at the ongoing Auto Expo on Friday. John arrived on a bike…
India can cater to global processed food market: Minister
New Delhi, Feb 9 (IANS) With increasing output from the agriculture sector leading to a rise in food processing activities, India will be able to cater to the international markets by exporting more processed foods,…
Was assessment done before proposing Master Plan amendments, asks SC
New Delhi, Feb 9 (IANS) The Supreme Court on Friday asked the Delhi government and the DDA whether they had conducted any Environment Impact Assessment before proposing amendments to Master Plan 2021 to protect traders…
Government mulls removing export duty on sugar
New Delhi, Feb 9 (IANS) The government is mulling the removal of export duty on sugar as domestic prices have fallen in anticipation of rise in production this year, Union Consumer Affairs Minister Ram Vilas…
Qualcomm rejects Broadcom’s $121 bn takeover offer
San Francisco, Feb 9 (IANS) Qualcomm’s board of directors unanimously rejected an acquisition proposal from rival Broadcom, saying that they are turning down the latter’s $121 billion bid. “Qualcomm ‘unanimously rejected’ an ‘unsolicited proposal’ to…
‘CCI’s Rs 135.86 crore fine on Google too little’
New Delhi, Feb 9 (IANS) The Rs 135.86 crore fine that the Competition Commission of India (CCI) imposed upon Google for abusing “its dominant position in online general web search and web search advertising services…
Google rewarded $3 mn to security researchers in 2017
San Francisco, Feb 9 (IANS) Tech giant Google paid out almost $3 million to security researchers in 2017 as rewards for the vulnerabilities they found in its products and services. Around $1.1 million each was…
Jharkhand MPs seek PM’s intervention over privatisation move
Ranchi, Feb 9 (IANS) Ten MPs of Jharkhand have written to Prime Minister Narendra Modi seeking his intervention on the Union Heavy Industries Ministry’s move to privatise the Heavy Engineering Corporation (HEC), one of the…
Hiring up from 33% to 45% in five Years: Report
New Delhi, Feb 9 (IANS) The percentage of employable population in India has achieved a 5.6 per cent increase from 33 per cent in 2014 to 45.60 per cent this year, the fifth edition of…
Doha Bank moves Mumbai branch to Chennai
Chennai, Feb 9 (IANS) Qatar-headquartered Doha Bank relocated one of its Mumbai branches to Chennai and said on Friday it will focus on corporate and retail segments for business. “In India we will focus on…
Coal demand growth in non-regulated sector to be higher
Kolkata, Feb 9 (IANS) Coal, as a primary source of energy, will continue for some more time in India and its demand in the non-regulated sector is expected to be higher than the regulated sector…
EVs may increment power demand of 160bn units by 2030
Kolkata, Feb 9 (IANS) E-mobility is likely to be a key “demand driver of electricity” and “positive for coal-based generation” and electric vehicles (EV) could result in incremental power demand of nearly 160 billion units…
Modi leaves for Palestine, West Asia tour
New Delhi, Feb 9 (IANS) Prime Minister Narendra Modi on Friday left on a first-ever Indian prime ministerial visit to Palestine, a four-day trip will also take him to Jordan as well as the UAE…
Nest co-founder announces exit from Google
San Francisco, Feb 9 (IANS) Nest co-founder Matt Rogers has announced that he is exiting the smart home company, a day after Google announced that the US-based manufacturer of home automation equipment was being reunited…
All set for ‘Abu Dhabi Week’ in Kochi
Kochi, Feb 9 (IANS) All arrangements are in place for the “Abu Dhabi Week” to be held here first and then in Kolkata, an official said on Friday. The Department of Culture and Tourism, Abu…