Friday , 16 November 2018
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Business

Cooperatives need of the hour for social harmony: Naidu

NEW DELHI Asserting that caste has no relevance today, Vice President M Venkaiah Naidu said cooperatives are the need of the hour for creating social harmony when caste, creed and religion are trying to dominate the minds of people. He stressed that character, calibre, capacity and conduct are important in public life even as he rued that some people are ... Read More »

India should double its global exports share: Modi

IANS   NEW DELHI Prime Minister Narendra Modi on Friday called for India to more than double its share in global exports from the current 1.6 per cent to 3.4 per cent. Speaking after laying the foundation stone of Vanijya Bhawan, a new office complex for the department of Commerce, here, he said the Department must resolve to raise India’s ... Read More »

Bengaluru metro rail operator doubles coaches to 6 on one route

IANS   BENGALURU The Bengaluru Metro rail operator on Friday doubled coaches to six from three to ferry more commuters on the east-west Purple Line. Amid fanfare, the six-coach swanky service was flagged off by Karnataka Chief Minister H D Kumaraswamy in presence of Union Urban Development Minister Hardeep Singh Puri at Baiyappanahalli station in the east to Mysuru Road ... Read More »

Indian FMCG firms interested in cobots: Danish firm

IANS CHENNAI Danish robot manufacturer Universal Robots is seeing an increased interest for its cobots (collobrative robots) from the Indian FMCG sector, while globally the company plans to double its turnover this year, said top company officials. “We get our major orders from the Indian automobile component manufacturers. In addition, lots of FMCG (fast moving consumer goods) including food product ... Read More »

‘Luxury cruise liner is fastest growing segment of hospitality’

NT NETWORK   PANAJI The luxury cruise liner industry is the fastest growing segment of the hospitality industry, informed the management of the American College of Culinary and Language Arts (ACCLA), during their visit to Goa to discuss the opportunities available for openings in cruise liners. The director ACCLA Parixit Pai Fondekar said, “The culinary placements offer the best job ... Read More »

India hits back at US, hikes import duty on 29 products

PTI   NEW DELHI India has increased customs duty on 29 products, including pulses and iron and steel products, imported from the US as a retaliatory action against the tariff hike by Washington. The duty hike would come into effect immediately for 28 products, while for artemia, a kind of shrimp, the rate hike would be effective from August 4, ... Read More »

5G could improve safety of self-driving cars: Gartner

IANS   NEW DELHI The deployment of 5G networks, which could be as much as 10 times more efficient than 4G networks, has the potential to significantly improve the safety of self-driving cars, according to market research firm Gartner. The reliability and low latency that 5G networks promise could lead to safe execution of human-led remote control of autonomous vehicles, ... Read More »

IBS Software inks multi-million dollar pact with British Airways

IANS   THIRUVANANTHAPURAM Technopark-headquartered IBS Software, a leading provider of new-gen IT solutions to the aviation industry, has signed a multi-million dollar contract with British Airways (BA) to provide solutions for flight and crew operations management. IBS in a statement issued here on Thursday said the multi-year contract will see the implementation of its newly-launched, state-of-the-art digital platform, iFlight Neo, ... Read More »

ECONOMIC SCAN

Canara HSBC OBC Life launches ‘Titanium Plus Plan’ MUMBAI: Canara HSBC Oriental Bank of Commerce Life Insurance has introduced a new unit-linked non-participating life insurance plan ‘Titanium Plus Plan’ offering life protection with flexibility in the payment terms. The plan provides a life insurance cover to protect one’s family in case of demise. With an unmatched combination of portfolio management ... Read More »

‘Farmers’ income increasing’

NEW DELHI: Prime Minister Narendra Modi on Wednesday said the income of farmers in the country increased, and also doubled in many cases, due to various initiatives taken by the Central government. Please like & share: Read More »