Sunday Edition

No plans to launch app-based taxi service: Relaince Industries

Sunday, 26 Feb 2017 | PTI | New Delhi | in Sunday Pioneer

Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors. It has been speculated for months that Reliance Jio, the company's telecom venture that has created ripples by signing up 100 million customers in just...

CIL arm NLC okays Rs1,244-cr share buyback

Sunday, 26 Feb 2017 | PTI | NEW DELHI | in Sunday Pioneer

World’s largest coal producer Coal India on Saturday said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs1,244 crore. “Board of Directors of Northern Coalfields Limited (NCL), our wholly-owned subsidiary ... Has considered and approved the buyback of 76,356 fully paid equity shares of...

TN Govt sanctions land for 14 aeroparts manufacturing cos

Sunday, 26 Feb 2017 | PTI | Chennai | in Sunday Pioneer

Setting the ball rolling for its ambitious aerospace park to come up in Sriperumbudur, Tamil Nadu Government has allocated land for 14 companies besides setting up an Advanced Computing and Design Engineering Centre at an outlay of Rs350 crore. Tamil Nadu Industries Development Corporation (TIDCO) has proposed to set up an...

64 exporters take part in Dubai’s ‘Gulf Food 2017’

Sunday, 26 Feb 2017 | PTI | NEW DELHI | in Sunday Pioneer

As many as 64 exporters from the agriculture and processed food sector are participating in the 5-day ‘Gulf Food 2017’ event in Dubai, the Commerce Ministry said on Saturday. The show will start on Sunday. The event assumes significance as UAE is a potential market for Indian food products such...

‘DeMo process is almost complete’

Sunday, 26 Feb 2017 | PTI | LONDON | in Sunday Pioneer

Finance Minister Arun Jaitley on Saturday said the demonetisation (DeMo) process is almost complete, hailing it as the ‘smoothest possible replacement’ of high denomination currency anywhere in the world. Describing the Government's decision to take Rs500 and Rs1,000 notes out of circulation as a...

‘Democracy liberal enough in UK for defaulters to stay’

Sunday, 26 Feb 2017 | PTI | LONDON | in Sunday Pioneer

Finance Minister Arun Jaitley on Saturday said democracy is liberal enough in the UK to permit defaulters to stay here and that ‘normal’ needs to be cracked, in an apparent reference to liquor baron Vijay Mallya, who is wanted in India for loan default and other cases. Referring to loan...

NCAER lowers GDP growth forecast to 6.9% for FY’17

Sunday, 26 Feb 2017 | PTI | New Delhi | in Sunday Pioneer

After RBI and IMF, economic thinktank National Council of Applied Economic Research (NCAER) has lowered the country's growth forecast to 6.9 per cent for the current fiscal on account of demonetisation. A few days before demonetisation was announced, NCAER had projected a growth rate of 7.6 per cent for 2016-17. “The...

VW caps executive pay after dieselgate crisis

Sunday, 26 Feb 2017 | AFP | Wolfsburg (Germany) | in Sunday Pioneer

German car giant Volkswagen on Saturday said it was capping its chief executive’s pay package at 10 million euros as it moved to rein in top brass salaries in the wake of the ‘dieselgate’ scandal that has cost the company billions. Other members of the board will see their annual...

L&T arm bags Rs1.1-cr contract from IOC

Sunday, 26 Feb 2017 | PTI | NEW DELHI | in Sunday Pioneer

Larsen and Toubro Hydrocarbon Engineering on Saturday said it has bagged orders worth Rs1,100 crore from IOC for its Bongaigaon refinery in Assam. The orders are for IOC’s Indane Maximisation project, under which it will set up a fluidised cracking unit including LPG treatment facility. Larsen and Toubro Hydrocarbon Engineering Ltd...

AI tool to combat incendiary remarks on websites: Google

Sunday, 26 Feb 2017 | AFP | Paris | in Sunday Pioneer

Google said it will begin offering media groups an artificial intelligence (AI) tool designed to stamp out incendiary comments on their websites. The programming tool, called Perspective, aims to assist editors trying to moderate discussions by filtering out abusive ‘troll’ comments, which Google says can stymie smart online discussions. “Seventy-two per...

SOUNDBITE

She (Mayawati) can enter into an understanding with the BJP anytime. Actually she is helping the BJP. One must be careful.

Uttar Pradesh CM | Akhilesh Yadav

Look at the vast range of roles portrayed by Julia Roberts, Meryl Streep or Halley Berry. Their works are my inspiration.

Bengali actor | Rituparna Sengupta

You look at what's happening in Germany, you look at what happened in Sweden. They took in large numbers (immigrants).

US President | Donald Trump
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