Day: December 14, 2020

Singapore approves Pfizer’s COVID-19 vaccine in Asia first

By John Geddie, Anshuman Daga SINGAPORE: Singapore became on Monday the first Asian country to approve Pfizer-BioNTech’s coronavirus vaccine and said it expects to start receiving shots by the end of the year. Prime Minister Lee Hsien Loong, 68, said he would be among the early recipients in the city-state of 5.7 million people, which […]

Ola group to set up electric two-wheeler factory in Tamil Nadu

NEW DELHI: Tamil Nadu Chief Minister Edappadi K. Palaniswami on December 14 signed 18 MoUs entailing investments to the tune of Rs 19,995 crore with an employment potential for 26,509 persons. One of the primary investors, the State has managed to attract in the time of the global COVID-19 pandemic is Ola Electric Mobility, which […]

Reliance Jio writes to TRAI, accuses Airtel, Vodafone Idea of ‘unethical’ practices

NEW DELHI: Reliance Jio has written to the Telecom Regulator Authority of India (TRAI) seeking strict action against Bharti Airtel and Vodafone Idea for “unethical practices” and “unscrupulous violations” and to stop campaigns under which “false propaganda is being spread across the country to get some additional MNP port-ins” by “capitalising on the ongoing farmer […]

Defence tech service provider hacked, company claims Rs 50 crore loss

NEW DELHI: Critical and classified data of a Noida-based private company, providing technology solutions to the country’s defence forces, has been allegedly hacked, leading to theft of confidential information, police said on Monday. The company, ELCOM Innovations, claimed that the cyber attack has caused it an estimated loss of Rs 50 crore. An FIR has […]

IIM Bangalore achieves 100% summer placements; 130 firms make 529 offers

NEW DELHI: All 525 eligible students of IIM-Bangalore were recruited for summer placements by over 130 companies, which made 529 offers. Roles offered included in the domains of PE/VC, Business Analytics, Consulting, Finance, General Management, IT/Product Management, Operations, Sales and Marketing”, Indian Institute of Management-Bangalore (IIMB) said in a statement on Monday. “The entire process […]

Modi government releases Rs 42,000 crore to states to meet GST compensation shortfall

NEW DELHI: The Narendra Modi government (Centre) has so far borrowed Rs 42,000 crore since October and released the funds to states to meet GST compensation shortfall, the Finance Ministry said on Monday. The Ministry of Finance has released the 7th weekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. […]

L&T Construction gets contracts up to Rs 2,500 crore for various businesses

NEW DELHI: Larsen & Toubro (L&T) Ltd’s construction arm has been awarded “significant” contracts in the range of Rs 1,500 crore- Rs 2,500 crore for its various businesses, according to the company. The orders were secured from clients for two of L&T Construction’s businesses: Building & Factories (B&F) Business and Power Transmission & Distribution Business. […]

Sterlite strengthens global leadership team across domains

NEW DELHI:  Sterlite Technologies Ltd (STL) recently announced a number of key leadership appointments to expand its capabilities to offer end-to-end advanced solutions for digital networks and drive its next phase of growth. These appointments span across domains and global markets in STL’s core areas of network services, software and 5G/broadband ecosystems. Some of the […]

Two Million Chinese Communist Party agents embedded around the world: Data leak

NEW DELHI/CANBERRA: In a explosive data leak, around two million Chinese Communist Party (CCP) members who got secretly embedded in some of the world’s biggest companies, banks, media groups, universities and government agencies, have been exposed. ‘The Australian’ newspaper obtained the leaked database which apart from the names of around two million CCP members, has […]

Presidential electors meeting to formally choose Joe Biden as next president

By MARK SHERMAN WASHINGTON:Presidential electors are meeting across the United States on Monday to formally choose Joe Biden as the nation’s next president. Monday is the day set by law for the meeting of the Electoral College. In reality, electors meet in all 50 states and the District of Columbia to cast their ballots. The […]

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