The Bharatiya Janata Party is facing a problem of plenty in Maharashtra. But there is a reason why it’s called the problem of plenty – it’s still a problem. And Sharad Pawar, who it is believed was the person who incited the BJP to go it alone in the state, has thrown a googly by […]
Karbonn Mobile has been told to pay Rs 5,000 as compensation and litigation expenses after the company said it no longer had a new handset to give to a customer whose handset stopped working properly during warranty time. The company was also told by the District Consumer Forum in Ferozepur to return the original cost […]
Employer retirement plans have emerged as the top source of income for retirement for many employees, according to the Global Benefits Attitudes Survey, conducted by professional services company Towers Watson. Minimal social security benefits and inadequate awareness about suitable retirement savings vehicles have resulted in employees becoming over dependent on retirement plans provided by employers, […]
Under the new “Make In India”, the Licensing Committee chaired by Secretary, Department of Industrial Policy and Promotion has last week cleared 19 proposals for grant of Industrial License. These included applications for defence production from major players like, Reliance Aerospace Technologies Limited, Bharat Forge Limited, Mahindra Telephonic Integrated Systems Limited, Punj Lloyd Industries Limited, […]
India would need to undertake massive investments and upgrades at its seaports to handle future traffic, a study by Assocham found. Growing at a compounded annual growth rate (CAGR) of over eight per cent, the seaborne trade in India may cross 830 million tonnes (mt) mark by 2016-17, apex industry body ASSOCHAM said today. “This […]
The Government of Andhra Pradesh and Google India signed a Memorandum of Understanding (MOU) today to support Chief Minister N. Chandrababu Naidu’s vision of transforming the state of Andhra Pradesh to “Digital AP.” To realise this vision, Google India – in collaboration with the Andhra Pradesh state government – will launch a number of initiatives […]
The deallocation of coal blocks by the Supreme Court will hit metal players harder than most power players, Crisil Research said in a report. Power costs in West Bengal and Punjab could rise, it added. It said power generation companies will be able to pass through increased costs, but not metal companies. Coal is used […]
The Telecom Regulatory Authority of India has started consultation on how to promote broadband penetration in the country through both wireless, copper and fiber technologies. “India ranks 125th in the world for Fixed Broadband penetration with only 1.2 per 100 inhabitants having access to fixed broadband. With the world average being 9.4 per 100 inhabitants, […]
Love Jihad may not bring the rosiest memories for the Bharatiya Janata Party, but some of its supporters are definitely in no mood ‘abandon’ the cause. Pramod Mutalik, chief of Sri Ramasene — the organisation that became famous for attacking women in a beer parlour in Mangalore — will address an “urgent press conference” on […]
Aircel Cellular said it has restored its 2G services in most part of the Kashmir region, enabling thousands of people stranded to connect with their families and friends. Aircel 2G is operating in Anantnag, Bandipora, Shopian, Kulgam, Pulwama, Srinagar, Budgam, Bonigam and Ganderbal, the mobile operator said. Jammu and Kashmir has been hit by floods […]
The floods in Jammu and Kashmir have caused an immediate loss of Rs 5,400-5700 crore, well exceeding 10 % of the state’s GDP with heavy damages to trade, hotels, restaurants, horticulture and handicraft, according to ASSOCHAM. The total loss estimated are Rs 2,630 crore only to the hotels, trade, agriculture-horticulture, roads and bridges in the […]
Despite repeated clarifications from the Central Government, a district consumer forum has dismissed a consumer complaint against Bharti Airtel Ltd and asked the consumer to set up arbitration against the telecom company to resolve a billing dispute of Rs 347. Arbitration panels are usually set up for heavy matters that typically involve hundreds or thousands […]
Retail inflation is likely to remain slightly below last year’s levels going forward as a higher base and government action prevent a repeat of last year’s spike in prices, CRISIL Research said. It also predicted that the Reserve Bank of India will not cut its interest rate this year. “This year, given the steps taken […]
The Delhi High Court today issued notice to the Ministry of Home Affairs (MHA) seeking its response in a petition filed by Greenpeace India alleging that the government had blocked its foreign funds. The court also directed that Greenpeace India’s blocked funds to be moved from RBI’s account to the NGO’s account with IDBI Bank, […]
Hiring levels continued to be robust in India, according to the Monster Employment Index for August. The index, which compares hiring in a particular month against a base month, saw hiring activity hold firm in line with the trend seen since February. Hiring activity, as measured by the index, has remained at the 150-154 range […]
Every ideologically driven person — whether leftist (love everyone), or rightist (trust none) — must eventually learn to understand and incorporate the other side to become a successful leader. Looking at Narendra Modi’s actions since taking over three months, one can safely say that the Indian Prime Minister has made that transition to a large […]
While Tuesday’s DIPP Press Note on Defence FDI is a welcome move, there is no need for the government to impose needlessly stringent conditions on foreign companies who want to make their weapons on Indian soil, KPMG said. The Indian government does not allow foreign companies to make the weapons that they sell to India […]
Indian and U.S. workers get less paid vacation time than any of the countries surveyed – 18 days, compared to the global average of 25 days, a survey by Tripadvisor.com has found. Both Indian and U.S. respondents on average would like an additional four days of vacation, considering 22 days of paid vacation to be […]
The Indian government will open 54 Kendriya Vidyalayas or Central Schools in the current academic year, with the largest number in Andhra Pradesh, Orissa and Uttar Pradesh. The schools, to be opened by Kendriya Vidyalaya Sangathan, are expected to cost Rs 927 crore. Kendriya Vidyalaya or Central Schools are run by the central government and […]
More than 65 per cent of business school graduates preferred to work government companies compared to private companies, a survey of over 500 students from various B-schools, including IIMs, BITS, ICFAI Business School and Symbiosis Institute of International Business (Pune) found. The ASSOCHAM survey conducted between June and July 2014; found that, the graduates are […]
