Tuesday , 21 May 2019


Jet staff promises to secure Rs 3,000 cr, seek SBI nod to bid

New Delhi: Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for the company’s management control. Read More »

‘RBI Act should mandate disclosure of loan defaulters’

Chennai: In view of the recent ruling of the Supreme Court, the government has to amend the Reserve Bank of India (RBI) Act sooner or later and publish the names of loan defaulters periodically, a top official of the All India Bank Employees’ Association (AIBEA) said on Monday. Read More »

SBI steps up hiring to handle insolvency cases

New Delhi:  In a bid to step up its efforts to control non-performing assets (NPAs), the State Bank of India (SBI) is hiring more bankruptcy and legal firms to strengthen its stressed assets team to handle cases of above Rs 100 crore under the Insolvency and Bankruptcy Code (IBC). Read More »

Trump says India slaps ‘big tariffs’ on American products

Washington: President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. Read More »

It is battle over guns and apples in Himachal

  Shimla IANS Call it a battle of guns and apples in Himachal Pradesh. The fight between arch rivals Congress and BJP in the state’s apple-growing belt of Shimla is over the use of anti-hail guns that are used to save the crop from hailstorms. Himachal Pradesh’s fruit economy is pegged at Rs 3,500 crore. However, the Horticulture Department estimates ... Read More »

Now, Google Assistant to read stories to your baby

IANS New Delhi There is good news for parents. If you are not particularly good at reading bedtime stories to your kids, just ask the Google Assistant on your phone to do so and you will be able to hear the famous tales from the Panchtantra or other books. Whether you have an Android or an iOS phone, every time ... Read More »

Amid election heat, Agra struggles with water woes

IANS Agra While politicians are busy promising the moon, ordinary folks in Agra continue to battle with water scarcity. Water pipelines, being old and rusted, are frequently bursting, snapping supply, even as the mercury continues to soar. Agra, home to the majestic Taj Mahal, attracts more tourists than any other city in India. “The problem is of management. A basic ... Read More »

JioPhone leads feature phone market in India

IANS New Delhi With a 30 per cent market share, Reliance JioPhone became the leading feature phone brand in India in the first quarter of 2019, Counterpoint Research said on Friday. While the smartphone market offers a big opportunity, one can’t ignore the 400 million feature phones users in the Indian market which too is likely to stay for the ... Read More »

Maruti to pull the plug on diesel cars from April next year

PTI New Delhi India’s largest carmaker Maruti Suzuki India (MSI) will discontinue sale of diesel cars in the country from April next year, coinciding with the transition of the automobile industry to stricter BS VI emission norms, a top company official said Thursday. The auto major currently gets 23 per cent of its total sales in the domestic market from ... Read More »