Google fired 48 employees for sexual misconduct: Sundar Pichai

NEW YORK: Google fired 48 employees, including 13 senior managers, over sexual harassment claims since 2016, CEO Sundar Pichai has revealed, asserting that the tech giant was taking an “increasingly hard line” on “inappropriate conduct” by people in positions of authority. In a letter to employees, the Indian-American chief executive officer said Google was “dead […]

What Ambani said about Reliance Jio at India Mobile Congress: Full speech

Full text of Reliance Industries Ltd (RIL) chairman Mukesh Ambani’s speech at India Mobile Congress: Honourable Minister Shri Ravi Shankar Prasadji, Shri Manoj Sinhaji, Ladies and Gentlemen, A very warm good morning. Dear Friends, Today, we are living in an India of unprecedented hope and promise… …An India that is poised to embrace an immensely […]

Tata Motors’ JLR opens $1.6 billion manufacturing plant in Slovakia

NEW DELHI: Tata Motors-owned Jaguar Land Rover (JLR) on Thursday announced the opening of its new state-of-the-art $1.6 billion manufacturing facility in Slovakia, a first for a British automotive brand setting up in the central European country. JLR said its investment is expected to lead to an annual production of 100,000 cars at the new […]

India needs strong, stable government for next 10 years; weak coalitions bad: Aajit Doval

NEW DELHI: India needs a strong, stable and decisive government for the next 10 years to achieve its political, economic and strategic objectives, National Security Advisor Ajit Doval said on Thursday, asserting that “weak coalitions will be bad” for the country. Delivering the Sardar Patel Memorial Lecture here, he claimed that in the past four […]

Mistry announces startup fund on 2nd anniversary of his ouster

NEW DELHI: The billionaire brothers Cyrus and Shapoor Mistry have announced formation of Mistry Ventures LLP to incubate and fund the startup ecosystem. The announcement on Wednesday comes on the second anniversary of Cyrus’ unceremonious salving by the Tatas as the group chairman. The new firm is jointly promoted by Cyrus and his elder brother […]

Nokia Chennai factory first to manufacture 5G radio equipment in India

NEW DELHI: Nokia’s state-of-the-art manufacturing unit in Chennai in South India has started manufacturing 5G New Radio (NR) based on the 3GPP 5G New Radio Release 15 standard. The Chennai plant is one of the largest telecom equipment manufacturing plant in the country, recently reaching the 4 million unit annual production milestone of 2G, 3G […]

Twenty-eight states,union territories notify real estate legislation: HUA Ministry

NEW DELHI: As many as 28 states and Union Territories (UTs) have so far notified the Real Estate (Regulation and Development) Act, 2016 in the country, an official said on Wednesday. According to the Housing and Urban Affairs Ministry, 20 states and UTs have established real estate appellate tribunals under the legislation, of which, seven […]

SEBI declares highest bidders for Pancard Clubs’ properties in Mumbai, Udaipur, other places

NEW DELHI: Markets regulator Securities and Exchange Board of India (SEBI) on Wednesday declared the highest bidders for four properties belonging to Pancard Clubs for a combined bid value of over Rs 54 crore, as part of its efforts to recover investors’ money. The properties include office spaces in Mumbai suburban area, a resort in […]

BSE Sensex rebounds 187 points

NEW DELHI: Buoyed by easing crude oil prices and a recovery in the rupee, the BSE Sensex on Wednesday recaptured the 34,000-mark by jumping 187 points after four sessions of losses as global markets bounced back. The broader Nifty, after struggling, also managed to end above the 10,200-level. The rupee strengthened 42 paise to 73.15 […]

Indian rupee jumps 41 paise to 3-week high of 73.16 against dollar as crude falls

NEW DELHI: The Indian rupee strengthened by 41 paise to close at more than three-week high of 73.16 against the US currency Wednesday as global crude oil prices eased and domestic equity markets staged a smart rebound. Forex dealers said softening crude oil prices supported the rupee’s upward movement. On Tuesday, Saudi Arabia pledged to […]

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