Friday , 20 April 2018
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Mumbai airport’s main runway shut for 6 hrs

MUMBAI: Flight services at the Mumbai airport were hit badly on Monday with two major carriers — Jet Airways and Air India — together cancelling over 100 flights and rescheduling about 70 services due to the closure of the main runway for six hours for pre-monsoon maintenance work. Please like & share: Read More »

Talk of banking sector crisis post PNB fraud only fearmongering: BSE CEO

WASHINGTON: The talk of India’s banking sector plunging into a financial crisis is nothing but “fearmongering” as the amount of fraud in the Nirav Modi case is equivalent to just three days of interest of the country’s “solid” banking sector, BSE CEO Ashish Chauhan has said here. Please like & share: Read More »

Quick Notes

D-Link extends 5-year warranty on CCTVs  MUMBAI: D-Link, the global leader in connectivity for home, small business, mid-to-large sized enterprise environments, and service providers recently ventured into CCTV segment. Please like & share: Read More »

Dabur completes acquisition of 2 SA firms

IANS   NEW DELHI Dabur India on Friday said it has completed acquisition of two South Africa-based personal care products companies through its step-down, wholly owned subsidiary Dermoviva Skin Essentials. According to the fast-moving consumer goods major, the two companies — D and A Cosmetics and Atlanta Body & Health Products — have become step down, wholly-owned subsidiary companies of ... Read More »

Watchdog upholds 171 complaints against misleading advertisements

PTI   MUMBAI Advertising sector watchdog ASCI upheld complaints against 171 misleading advertisements in January this year, including those of Livon, Dove shampoo, Byju’s, Lotus Herbals, among others. The Customer Complaints Council (CCC) of Advertising Standards Council of India (ASCI) received 247 complaints in the month. Amongst the 171 advertisements which it held misleading, 118 belonged to the healthcare category, ... Read More »

On-the-block Air India looks to renew flying permit

PTI   MUMBAI Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June, amid the government scouting for potential buyer for the loss-making carrier, sources said. A senior official at the disinvestment-bound national carrier said that the Directorate General of Civil Aviation (DGCA) has already renewed the Scheduled Operator Permit (SOP) of Air ... Read More »

RBI keeps policy rate unchanged at 6 per cent

PTI   MUMBAI The Reserve Bank today stuck to the widely expected status quo in key rates citing uncertainties over inflation, which may be fuelled by rising crude oil prices, fiscal slippages and higher prices of foodgrain. The Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel expects the growth rate to accelerate to 7.4 per cent in 2018-19, ... Read More »

ECONOMIC SCAN

Malabar Gold and Diamonds signs up Miss World Manushi Chhillar PANAJI: Miss World Manushi Chhillar, who made billion-plus Indians proud with her beauty and brain and continues to win billions of hearts across the globe through her humanitarian causes, will now be the face of world’s leading jewellery group – Malabar Gold and Diamonds. The Haryana-born beauty queen, who brought ... Read More »

TRAI recommends open architecture based WiFi for low cost services

IANS   NEW DELHI The Telecom Regulatory Authority of India (TRAI) on Thursday submitted a report to the government on open-architecture based WiFi services through interoperability at low prices, which would substantially slash data prices. Submitting the report on “Public Wi-Fi Open Pilot Project” to Communications Minister Manoj Sinha, TRAI Chairman R S Sharma said, “This is an architecture based ... Read More »

Consumers Shoppee exhibition inaugurated in Margao

MARGAO: The Consumers Shoppee exhibition comprising of consumer and household products was inaugurated on Wednesday by MMC chairperson Dr Babita Prabhudesai, guest of honour Santosh George, president BPS Sports Club Ian Alvares and others at the BPS Sports Club, Margao.  In the five day exhibition more than 60 reputed companies are participating with their latest range of products. Companies like ... Read More »