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DGCA allows in-flight use of mobiles, laptops on flight mode

Thursday, 24 Apr 2014 | PNS | New Delhi

Good news for air travellers in India as they would not have to switch off their mobiles now as aviation regulator DGCA has amended its Civil Aviation Requirement (CAR) relating to air safety and has decided to allow the use of Portable Electronic Devices (PEDs) including cellphones ...

Mkts hit all-time high levels, profit-booking likely now

Thursday, 24 Apr 2014 | PNS | New Delhi

Carrying forward its record breaking spree, the benchmark Sensex spurted by over 118.17 points and ended at a new all- time closing high of 22,876.54. Backed by heavy buying from foreign institutional investors (FII), like Sensex, the broader index Nifty also rose by 25.45 points to finish at all-time record...

MinesMin to adopt due diligence while granting leases in Goa post SC order

Thursday, 24 Apr 2014 | Animesh Singh | New Delhi

With the Supreme Court having allowed resumption of iron ore mining in Goa only on conditions like miners maintaining an annual excavation cap of 20 million tonnes and the State Government issuing fresh leases, the Union Mines Ministry has clearly indicated that "due diligence" would be done before handing out...

RIL raises $550 mn from Japanese banks

Thursday, 24 Apr 2014 | PNS | New Delhi

Carrying forwards its fund raising plan, Reliance Industries Limited (RIL) on Wednesday announced that the company has raised $ 550 million loan from Japanese banks. Taken for a 12 year time period, the loan would help in part-funding of company's expansion of its petrochemical plant and new gasification unit. "In continuation...

US court to decide on Indian-American’s streaming innovation

Thursday, 24 Apr 2014 | S. Rajagopalan | Washington

The US Supreme Court will soon be deciding the fate of an Indian-American technocrat’s start-up that has triggered panic across the whole phalanx of American broadcasting corporations. At issue is the fledgling company’s right to stream online the content of major television networks by deploying arrays of miniature antennas to simply...

WhatsApp crosses half-a-billion user mark

Thursday, 24 Apr 2014 | PNS | New Delhi

WhatsApp has crossed the half-a-billion user mark on the back of strong growth in emerging markets like India and Brazil. The company, which was acquired by social networking giant Facebook in February this year for $ 19 billion, was founded in 2009 by Ukrainian Jan Koum and American Brian Acton. "Thanks...

Allahabad Bank celebrates 150 years of its inception

Thursday, 24 Apr 2014 | PNS | New Delhi

Country's one of the oldest bank, Allahabad Bank on Wednesday celebrated its 150th Foundation Day. To mark the occasion, the bank released bank's history book, charting the glorious past of the bank in a single volume. Along with that, the bank also launched a branded vehicle, which will travel throughout...

Cairn India Q4 profit up 18%

Thursday, 24 Apr 2014 | PNS | New Delhi

Cairn India on Wednesday reported an 18 per cent rise in its March quarter net profit as crude oil production from its showpiece Rajasthan fields soared.Net profit in the January-March quarter rose to Rs 3,035 crore, or Rs 15.85 per share, fromRs 2,564 crore, or Rs 13.41 a...

LIC invests Rs 13,357 cr in 12 Sensex firm

Thursday, 24 Apr 2014 | PNS | New Delhi

Sells shares worth Rs 6,313 crore in other 15 Sensex companies In a major reshuffle, Life Insurance Corporation (LIC) of India utilised the recent rally and reduced its stake in half of the companies comprising Sensex. The state-owed life insurer sold shares worth Rs 6,313 crore from 15 companies listed on...

Apple approves additional $30 billion share buyback

Thursday, 24 Apr 2014 | PTI | New York

In a move to reward investors, tech giant Apple has approved an additional $ 30 billion share buyback by 2015 and declared a seven-for-one stock split on the back of strong iPhone sales that pushed its March quarter profit up 7 per cent. Apple increased its share repurchase authorisation to $90...


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‚ÄėAssault‚Äô on police driver: Action against Kerala ADGP

17 Jun 2018 | VR Jayaraj | Kochi

In a swift move intended at stemming the protests brewing in the State police force against certain top officials’ ‘feudalistic’ practice of persecuting policemen and camp followers by using them as house servants, the Kerala Government on Saturday removed ADGP Sudesh Kumar, whose daughter was the other day booked for assaulting and verbally abusing his official police driver, from the position of head of the Armed Police Battalion. The action against...

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Schoolchildren get info on benefits

22 Jun 2018 | Staff Reporter | Bhopal

Observing the Yoga Day, the school students of Sharda Vihar School performed Yoga postures on Thursday. Observing International Yoga Day 750 students of the school got information about Yoga and students were informed about the benefits of Yoga were...

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