Now NRIs, PIOs don't need to link bank a/c, PAN with Aadhaar: UIDAI

Saturday, 18 Nov 2017 | PTI | New Delhi:

Now non-resident Indians (NRIs) and Persons of Indian origin (PIOs) are not required to link bank accounts and other services with Aadhaar, the Unique Identification Authority of India (UIDAI) said on Friday, while instructing various implementation agencies to work out a mechanism to verify the status of such individuals. It...

Trai urges RCom to give unspent balance details of subscribers

Saturday, 18 Nov 2017 | PTI | New Delhi:

The telecom regulator Trai on Friday asked Reliance Communications to submit details of its subscribers immediately and unspent balance of pre-paid customers by January 10. “The Authority...Inter-alia, directed RCL (Reliance Communications Limited) to furnish compliance report of the direction by 10th January, 2018 together with the details of the number...

Govt allows cos to paste new MRP stickers till Dec

Saturday, 18 Nov 2017 | PNS | New Delhi

With recent cut in GST rates on about 200 items, the Government on Friday allowed companies to paste a price sticker on packaged products to reflect new MRP till December. After the GST was rolled out from July 1, companies were asked to paste new price sticker on packaged commodities,...

Toyota, Suzuki to produce electric vehicles for India market by 2020

Saturday, 18 Nov 2017 | IANS | New Delhi/Tokyo

Global automobile majors Toyota Motor Corporation and Suzuki Motor Corporation will join hands to produce electric vehicles (EVs) for the India market by 2020. On Friday, both Toyota and Suzuki said they have concluded a memorandum of understanding (MoU) on the ‘cooperative structure for introducing EVs in the Indian market...

India to have 200 cr IoT devices in 4 years, says Prasad

Saturday, 18 Nov 2017 | PNS | New Delhi

Internet of things (IoT) devices in India are expected to increase 10 times to 200 crore in the next 3-4 years, owing to passion for technology among the people, IT Minister Ravi Shankar Prasad said on Friday. The Minister said 20 crore IoT instruments are working in the country and the...

Short selling: Brokers can provide contracts for up to 12 months

Saturday, 18 Nov 2017 | PTI | New Delhi

Regulator Sebi on Friday said market intermediaries can introduce contracts of different tenures ranging from 1 day to 12 months for short selling based on the requirement of participants. The stock lending and borrowing (SLB) mechanism or short selling was designed to help the borrower to sell the shares he...

Tata Sons elevates Bhaskar Bhat, Saurabh Agrawal

Saturday, 18 Nov 2017 | PNS | New Delhi:

Tata Sons, the promoter of major operating Tata group firms, on Friday said Bhaskar Bhat, MD of Titan, and Saurabh Agrawal, Group CFO, have been elevated to the Board of Directors of the company. Bhat is currently leading the group’s watches and jewellery firm, Titan Company, Tata Sons said. ...

Air pax volume grows 20.5% to cross 10-mn-mark in Oct

Saturday, 18 Nov 2017 | PTI | Mumbai

Domestic air traffic surged a healthy 20.50 per cent to 10.45 million in October, breaching the 10-million -mark for the second time this year ahead of the forthcoming tourist season. The combined passenger traffic of all airlines stood at 8.67 million in October 2016, according to the data released by...

Ericsson showcases 5G demonstration

Saturday, 18 Nov 2017 | PNS | New Delhi

Swedish telecom equipment maker on Friday showcased a live demonstration of 5G technology and some potential applications using the higher speeds that 5G speeds will allow. At the demonstration, current 5G prototype technology allows for gigabit download speeds, in this case speeds were 5.75 gigabits per second, over a hundred...

Infosys Rs 13k-cr buyback to open on Nov 30

Saturday, 18 Nov 2017 | PTI | New Delhi:

India’s second largest IT company Infosys on Friday said its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. Outlining the buyback dates in a regulatory filing, Infosys said that the company through letter dated November 16 received observations from the Securities and Exchange Board...


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Modi pays tribute to Rang Avadhoot

19 Nov 2017 | PNS | GANDHINAGAR

Addressing a gathering of people via video conferencing in Bharuch district of poll-bound Gujarat, Prime Minister Narendra Modi on Saturday asked them to unite against casteism, terrorism, black money, corruption and communalism. “It is a strange environment…We must hold each others hand and move ahead…...

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State Govt to celebrate “Helmet and Seat Belt “ diwas every wednesday

20 Nov 2017 | PNS | Lucknow

To control the rising number of road accidents and deaths in the state, Uttar Pradesh government has decided to observe every Wednesday of the week as “Helmet and Seat Belt “ diwas. State principal secretary transport Aradhana Shukla, in an order on Sunday said that on every Wednesday, the department officials would hold rigorous checking of helmet for the driver and the pillion riders of the two wheeler and...

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