Reliance Jio helps BJP to get low frequency signals to hack the EVMs
LONDON: An Indian cyber expert, seeking political asylum in the US, on Monday claimed that the 2014 general election was “rigged” through the Electronic Voting Machines (EVMs), which, he says, can be hacked. Addressing a press conference in London via Skype, the man, identified as Syed Suja, said he fled India in 2014 because he […]
India best positioned to become a counter-balance to China: SpiceJet CEO
NEW DELHI:Amid global economic woes and trade tensions, India is one of the “few bright stars” and is best positioned to become a counter-balance to China, industry leader and airline major SpiceJet’s CEO Ajay Singh said on Monday. Singh, who is in this Swiss resort town to participate in the World Economic Forum (WEF) Annual […]
India’s debt under Narendra Modi government surges 49% to Rs 82 lakh crore
NEW DELHI: Total liabilities of the government has increased 49 per cent to Rs 82 lakh crore in the last four-and-half years during the Narendra Modi government, as per the 8th Edition of the Status Paper on Government Debt released on Friday. Compared to the latest data available till September 2018 when the total debt […]
Honda to hike vehicle prices by up to Rs 10,000 from next month
NEW DELHI: Honda Cars India on Thursday said it will increase prices of its vehicles by up to Rs 10,000 from next month in order to partially offset the impact of increase in commodity prices and foreign exchange rates. The company will hike price of its premium SUV CR-V by Rs10,000 and other models by […]
Reliance Industries 1st private firm to post Rs 10, 000 crore quarterly profit
NEW DELHI:Reliance Industries Ltd (RIL) on Thursday became the first Indian private sector company to report a quarterly profit of more than Rs 10,000 crore after record earnings from petrochemical, retail and telecom business offset a dip in refinery margins. The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to […]
Finance Secretary AN Jha gets one-month extension, named Finance Commission member
NEW DELHI: India’s Finance Secretary Ajay Narayan Jha has been given one-month extension in service and appointed as the member of the 15th Finance Commission, according to a Personnel Ministry order. He is a 1982 batch Indian Administrative Service officer of Manipur cadre. The Appointments Committee of the Cabinet has approved extension in service of […]
India seeks better flight connectivity with Central Asia
NEW DELHI: India on Sunday proposed a dialogue on air corridors with the countries of landlocked Central Asia in an attempt to boost trade languishing below $2 billion for years, as foreign minister Sushma Swaraj stressed on the need for connectivity initiatives to follow the principles of financial responsibility. In a speech at the first […]
India re-promulgates ordinance to amend companies law
NEW DELHI: The government of India has re-promulgated an ordinance to amend the companies law to further improve the ease of doing business as well as ensure better compliance levels. Since the Bill to make amendments to the Companies Act, 2013, is pending in the Rajya Sabha, the ordinance has been re-promulgated. The Lok Sabha […]
India’s largest startup ecosystem inaugurated in Kerala
KOCHI: India got its largest startup ecosystem on Sunday when Kerala Chief Minister Pinarayi Vijayan inaugurated here a 1.8-lakh-square-feet facility housing incubation set-ups across a string of segments in modern technology. The Integrated Startup Complex under the Kerala Startup Mission (KSUM) includes the ultra modern facilities of Maker Village that promotes hardware startups, the BioNest […]
Toyota plans to launch its version of Maruti Suzuki Baleno in India next fiscal
NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm […]
Finance ministry considers steps to prevent composition dealers from charging GST from buyers
NEW DELHI: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. The measure, once implemented, would check the widespread practice of composition dealers of charging GST […]
Arvind SmartSpaces to invest Rs 250 crore in 2019
MUMBAI: Arvind SmartSpaces, the realty arm of fashion and apparel brand Arvind, on Thursday said it plans to invest Rs 250 crore this year for acquiring and developing new projects across the country. The company is also exploring and evaluating other markets such as Hyderabad for potential opportunities, its CEO and managing director Kamal Singal […]
India’s GDP expected to grow at 7.3 per cent in 2018-19: World Bank
By Lalit K Jha WASHINGTON: India’s GDP is expected to grow at 7.3 per cent in the fiscal year 2018-19, and 7.5 per cent in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment. The bank said India will continue to be the fastest growing major […]
IPL to stay in India but to have March start this year
NEW DELHI: The Indian Premier League (IPL) will stay in the country despite a speculated clash of dates with the general elections but the glitzy T20 extravaganza will start earlier than usual, from March 23, the Committee of Administrators announced on Tuesday. The two-member CoA, comprising chairman Vinod Rai and former women’s captain Diana Edulji, […]
UDAN 3 auction: Government not to open financial bids of Air Deccan, Air Odisha for now
NEW DELHI: The government of India has decided to not open for now the financial bids submitted by Air Deccan and Air Odisha for eight routes currently being auctioned under the third phase of the UDAN scheme, a senior Civil Aviation Ministry official said on Tuesday. Six networks that had been awarded to the two […]
Honor 10 Lite is all set for a Flipkart Exclusive launch in India
NEW DELHI: Honor, the leading smartphone e-brand under the Huawei Group, today announced the brand’s upcoming smartphone – Honor 10 Lite, will be exclusively available on Flipkart. The company has scheduled an event on 15th Jan, 2019 in New Delhi where it will unveil the latest product for the Indian market. Honor has been one […]