Government of Kerala has given an indication that it intends to soften its stand on the issue of entry of young women to the Ayyappa temple at Sabarimala. While the earlier affidavit of the Devaswom Board — the government-controlled body that administers former royal temples of Kerala — had come in favor of opening the […]
Anil Ambani group’s flagship telecom company Reliance Communications Ltd said it continues to have debt in excess of Rs 32,000 cr as of last week. It said it has total outstanding Rs 28,825 cr from banks and other financial institutions, excluding interest of Rs 6,840 crore on loans from banks and financial institutions. It also […]
Arvind Kejriwal’s Aam Aadmi Party is all set to sweep the upcoming Delhi Assembly elections, said the first opinion poll to be conducted ahead of the next month’s elections. The poll was commissioned by ABP News and conducted by Centre for Voting Opinion & Trends in Election Research (C-Voter), and indicated hardly any loss of […]
Akhil Bharatiya Vidyarthi Parishad (All India Students Federation), the student wing of the Rashtriya Swayamsevak Sangh, today sought to distance itself from the violent incidents on Jawaharlal Nehru Campus on Sunday evening. In their first official reaction, officebearers of the JNU unit of ABVP said the violence was carried out by students organizations affiliated to […]
Zee Entertainment Enterprises’ Zee5 has become the latest content app from a major Indian broadcaster to be added to Reliance Jio’s Fiber box, following close on the heels of Star India’s Hotstar and Sony Pictures Networks’ Liv. With this, Jio Fiber now offers apps from nearly all the major entertainment broadcasters of India with the […]
SpiceJet, the fastest expanding airline in India, announced the launch of eight new international and domestic flights which will start from February 2020. Among the new routes is Ahmedabad-Jeddah, making the airline the first to do so. “Saudi Arabia’s commercial capital and a key transit point for thousands of Hajj pilgrims visiting Mecca and Medina,” […]
India Ratings, a unit of Fitch Group, said new tweaks to TRAI’s 2017 tariff order — scheduled to come into effect on March 1 — are likely to reduce revenue for channel owners, be neutral for cable and DTH players and reduce costs for consumers. “India Ratings & Research (Fitch Group) believes that Telecom Regulatory […]
India-based Natco Pharma has filed an application with the US Food and Drug Administration seeking permission to market a generic copy of Lonsurf, a drug approved just four years ago to treat colorectal/gastric cancers. The application has been filed with a ‘Paragraph IV’ declaration. Such a declaration essentially states that the filer, Natco, believes that […]
Media and telecom sector regulator TRAI has amended its 2017 tariff order — which came into effect a year ago — introducing a new price-cap of Rs 12 per pay channel, down from Rs 19 earlier. It also introduced new safeguards and conditions to curtail the practice of forcing unwanted channels upon consumers. However, these […]
Ahmedabad-based PSP Projects Ltd announced that it has emerged as the lowest bidder for the development of a new corridor from Kashi Vishvanath Mandir in Varanasi to the nearby riverfront known as Lalita and Manikarnika Ghats. The beautification and expansion project will cover an area of around 200 meters by 250 meters, and will cost […]
In an order that can throw a spanner in the works of tea company McLeod Russel’s debt restructuring, the Delhi High Court has issued an injunction against any asset sale or capital restructuring by the company. The court,”in reference to a matter filed against certain promoters of the company with regard to certain alleged outstanding […]
Lemon Tree Hotels Ltd, India’s third largest hotel chain, opened its first international hotel in Dubai, and said it will also open in Bhutan and Nepal. The Dubai Lemon Tree hotel will be managed by Lemon Tree via its subsidiary Carnation Hotels Pvt. Ltd. and will be owned by Al Waleed Real Estate LLC. Lemon […]
The Ministry of Information and Broadcasting has assured an industry disputes tribunal that it will take a decision on the name-change application of Horizon Satellite Services, a unit of Raghav Bahl-led Quintillion Business Media Private Limited (QBM), by December 25. Quintillion Business Media has been trying to get its channel renamed as Bloomberg Quint to […]
Reliance Jio subscribers who are disappointed with the steep rise in tariffs this month can look forward to some respite, at least for the next seven months. Jio users can find all the plans that the company introduced in the last six months under a special tab called ‘tariff protection’ in the My Account page […]
Tata Sky’s much awaited Android set-top-box, Tata Sky Binge+, is all set to become available in the coming 2-3 weeks as a dealer has leaked the technician’s reference guide for installing the service. The manual, leaked on social media, confirms what has already been reported — it will be built on top of Android TV […]
The government of India today clarified that it will not be implementing any pay revision for the employees of state-owned telecom provider Bharat Sanchar Nigam Ltd as the company has failed to meet the profitability criteria applicable for all government enterprises. BSNL has racked up tens of thousands of crores of accumulated losses since 2009-10 […]
PNB Housing, the housing finance company in which the US-based Carlyle Group and Punjab National Bank own around 32% each, has clarified that its total exposure to real estate firm Omaxe Ltd was less than Rs 635 cr. The clarification came on the heels of social media reports that Omaxe Ltd was in some sort […]
Dilip Buildcon, which specializes in the construction of roads and bridges, said it has been declared the lowest bidder for projects worth Rs 826 cr from Delhi Metro and the PWD in Delhi. These include part design and construction of an elevated viaduct, an elevated ramp, siding lines, a viaduct to Mukundpur depot and four […]
The government of India may soon bring amend the law to deny the possibility of a presidential pardon to those sentenced to death under the Protection of Children from Sexual Offences or POCSO Act. Speaking at an event organized by the spiritual outfit Brahma Kumaris in Hyderabad, Indian President Ram Nath Kovind said that opinion […]
Lucknow-Delhi Tejas, India’s first privately run train, earned an operational profit of only Rs 7.73 lakh in its first month of operation, and not Rs 70 lakh as reported by the media, according to Railway Minister Piyush Goyal. The train had been widely reported in the media to have earned a whopping 70 lakh in […]
