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Key policy decisions give Sensex a 331-pt lift

Investors set aside caution momentarily over the US Fed rate-setting meet and Brexit vote to help domestic equities rise for the first time in five days as a string of key Cabinet decisions pushed the BSE Sensex higher by 331 points to 26,726.34. Optimistic buying on hopes that Parliament will approve the long-pending Goods and Services Tax (GST) bill in ...

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Microsoft seeks to empower every Indian: Satya Nadella

Microsoft’s focus on India is to empower every citizen and organisation so that they can perform better than their potential and achieve more fopr themselves and the country, the US giant’s chief executive Satya Nadella said here on Monday. “Every time I come here, I go back energised. Its infectious to see the creativity here. It’s important to dream big ...

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Air India merger led to a mess: Ashwani Lohani

In a hard hitting blogpost, Mr. Lohani said Air India now had a bureaucracy bigger than Indian Railways. Ashwani Lohani, Chairman and Managing Director, Air India, has blamed the national air carrier’s woes on the merger with Indian Airlines that never took off as expected and previous bosses who pinned the responsibility on employees for its dismal state of affairs. ...

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Remove Rajan as RBI governor, Swamy urges Modi

BJP’s newly-nominated Rajya Sabha member Subramanian Swamy has urged Prime Minister Narendra Modi to remove RBI Governor Raghuram Rajan, saying “he is mentally not fully Indian.” In a two-page letter to Modi on Monday, Swami said Rajan, a former International Monetary Fund chief economist, should be removed as Reserve Bank of India (RBI) chief with immediate effect. “The reason why ...

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Mark Zuckerberg Has Made $4.4 Million for Every Day He’s Been Alive

Facebook organizer Mark Zuckerberg’s turns 32 on Saturday, and he has a couple of billion things to celebrate. With a fortune evaluated at $51.8 billion, he’s one of the world’s wealthiest individuals. But since of his childhood, he’s really profited every day of living than any other individual on the planet. In particular, Zuckerberg’s strong combo of youth and riches ...

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Air India avoids strike, clears flying dues of 800 pilots

The Air India administration today stayed away from the strike by Indian Business Pilots Affiliation (ICPA), after they paid pending flying recompense levy to more than 800 pilots. The relationship in its letter to Air India administrator and overseeing director(CMD) Ashwani Lohani, had debilitated to bring for a strike over the pending flying remittances of the pilots. In this manner, ...

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Sony launches wireless speaker for deep bass sound

Sony India on Monday launched a new portable wireless speaker for music aficionados in India. The speaker offering “extra bass” technology to enhance deep bass sound is priced at Rs.12,990. The 48-mm large speaker unit called SRS-XB3 is equipped with water-resistant properties and offers one-touch wireless listening with near-field communication (NFC) and bluetooth connectivity. The speakers have an alternative portable ...

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Telecom panel favours TRAI decision on spectrum base price

The Telecom Commission on Saturday decided to go ahead with the sector regulator’s recommendations base price for all spectrum, including 700 MHz band airwave, in the upcoming auction, according to an official source. Going by the base price recommended by the Telecom Regulatory Authority of India (TRAI), and the quantum that will be auctioned, the mop-up expected to be some ...

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Rupee Drops 14 Paise To Close At 66.62/Dollar

Extending its fall for the 1/3 session, the rupee on Monday dropped by any other 14 paise to close at 66.sixty two towards the usa dollar on chronic demand for the yank currency from banks and importers amidst decrease home equities. weak spot of dollar within the distant places marketplace in addition to right overseas capital inflows confined the rupee’s ...

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BSNL’s 20GB 3G data offer for Rs 50 is a hoax

NEW DELHI: Before you ditch your operator to lineup for a BSNL sim card, be warned that there is no such offer like 20GB 3G data for Rs 50 by the state-owned telecom operator. While BSNL is yet to release an official statement, sources confirmed that there is no such offer for consumers. “BSNL has not officially declared any offer ...

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