August 21, 2017
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Sikka quits as Infosys CEO, cites negative remarks against him
Bengaluru, Aug 18 In a dramatic development, global software major Infosys Chief Executive Officer (CEO) and Managing Director (MD) Vishal Sikka resigned on Friday citing continuous disruptions and personal and negative remarks against him. His resignation...
Reliance Power’s Sasan Mine awarded National Safety Award
New Delhi, Aug 18 Reliance Power on Thursday said its Sasan captive coal mine has been awarded the National Safety Award (Mines) for 2013 and 2014. According to the company, its Sasan Mine was awarded for its “commendable safe work environment...
Google rolls out ‘Q&A’ feature to Maps, mobile Search
San Francisco, Aug 17 Google has rolled out ‘Questions & Answers’ feature to Google Maps and mobile Search to help users get information about places they want to go to. Users can ask or answer a question — or read the existing...
SpiceJet launches third flight under Udan scheme
New Delhi, Aug 16 (IANS) Budget passenger carrier SpiceJet on Wednesday said it has launched services on the Hyderabad-Puducherry sector. The airline said this is its third daily flight launched under the Udan (Ude Desh ka Aam Naagrik) scheme. “Puducherry...
Reliance Defence to change name to Reliance Naval and Engineering Ltd
Mumbai, Aug 16 Reliance Infrastructure controlled Reliance Defence and Engineering Ltd (RDEL) is all set to change its name to Reliance Naval and Engineering Ltd (RNEL). The change of name is in line with the company’s focus on building capabilities...
Seven Indian companies among 200 in green energy revenues
New Delhi, Aug 15 (IANS) India is among the top 11 countries as seven of its companies are among a list of the 200 largest publicly traded entities that are making significant revenue from clean energy, an international report said on Tuesday. India...
Google announces voice search support for eight Indian languages
New Delhi, Aug 14 Google on Monday launched voice search support for eight additional languages spoken in India, allowing people to use their voice to dictate queries both in Gboard on Android and in Search through the Google App. The languages are...
GMR Infra’s Q1 loss down 44% at Rs 107 cr
Mumbai, Aug 14 GMR Infrastructure Ltd (GIL) on Sunday posted a 44 per cent reduction in loss for the first quarter ended June at Rs 107 crore, as compared to the total comprehensive loss of Rs 190 crore it had incurred in the like quarter of the preceding...
Sahara’s Aamby Valley up for auction at Rs 37K cr
Mumbai, Aug 14 In a major setback to the Subrata Roy-owned Sahara Group, the Bombay High Court on Monday put up its prestigious Aamby Valley property in Maharashtra for a public auction. The Official Liquidator (OL) for the Aamby Valley City in Lonavala...
HBO reportedly offered $250,000 to hackers
San Francisco, Aug 12 (IANS) In a bid to contain further leaks from a group of hackers, HBO reportedly offered to pay $250,000 to those who stole nearly 1.5TB data, including scripts of ‘Game of Thrones’ (GoT) and other employee information,...
Jet Airways to offer 20-30% discounted fares
New Delhi, Aug 11 Full service carrier Jet Airways on Thursday said it will offer 30 per cent discount on economy fares and 20 per cent on premiere fares in a six-day celebratory fare sale starting on August 11. “Tickets purchased as part of the...
New WhatsApp Beta version shows UPI payment feature
San Francisco/New Delhi, Aug 10 WhatsApp will soon facilitate instant money transfer via the Unified Payments Interface (UPI) transaction system, shows a new Beta update by the Facebook-owned mobile messaging platform. According to a blog website WABetaInfo...
Facebook launches YouTube competitor called ‘Watch’
San Francisco, Aug 10 In an apparent bid to take on Google-owned YouTube, Facebook has rolled out ‘Watch’ – a redesigned video platform for creators and publishers. The social media giant last year launched ‘Video’ tab...
Reliance Foundation’s Rs 10 cr aid for 4 flood-hit Gujarat villages
Banaskantha, Aug 10 Mukesh Ambani-led Reliance Industries’ (RIL) philanthropic arm on Wednesday announced it is in talks with the Gujarat government to adopt four worst affected villages in flood-hit Banaskantha district for rehabilitation beyond...
Multiplicity of GST rates is a challenge : Ex-RBI official
New Delhi, Aug 9 (IANS) Former RBI Deputy Governor Rakesh Mohan on Wednesday said the GST rollout was a colossal task achieved after over a decade but the multiplicity of rates still remained a challenge. “GST has been achieved after a decade....
JSPL’s Q1 consolidated loss falls to Rs 420 cr
New Delhi, Aug 9 The Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) on Tuesday announced a reduction in its consolidated loss to Rs 420.4 crore for the first quarter of the current fiscal ended June on the back of better operational performance. JSPL...
Online travel agents can deduct 1% tax collected at source : CBEC
New Delhi, Aug 8 (IANS) Online travel agents fall in the category of e-commerce operators and can deduct 1 per cent tax collected at source (TCS) under the GST, the Central Board of Excise and Customs (CBEC) said on Tuesday. “Online travel agents...
Sebi initiates action against 331 suspected ‘shell companies’
Mumbai, Aug 8 (IANS) Stock market regulator Sebi has asked major domestic equity indices to initiate action against 331 listed firms which are suspected of being “shell companies”. The development comes a day after the market regulator directed...
Idea Cellular seeks NCLT approval for merger with Vodafone
New Delhi, Aug 8 Consequent to the approval given by the Competition Commission of India (CCI) for Vodafone-Idea merger, Idea Cellular has filed an application before the National Company Law Tribunal (NCLT) for its approval, a company statement said...