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13 days ago
IndiGo alleges misleading info to malign brand name

New Delhi, Aug 20 (IANS) Budget passenger carrier IndiGo on Sunday alleged that a campaign of misleading information is being spread to malign its brand name. In the last few days, there have been misinformed media reports suggesting that IndiGo is cancelling 85 daily flights, the airline said in a statement. We believe that this misleading information about the alleged spurt in ...

14 days ago
10 get death penalty over plot to assassinate Hasina

Dhaka, Aug 20 (IANS) A tribunal here in Bangladesh on Sunday awarded death penalty to 10 people for planting a bomb in 2000 to assassinate then opposition leader and now Prime Minister Sheikh Hasina. Dhaka's Special Trial Tribunal Judge Momtaz Begum gave the order in the presence of several accused from the banned Harkat-ul-Jehad-al-Islami (HUJI), which has been accused of planting a 76-...

14 days ago
Indian fashion industry must embrace safety: Dusanj-Lenz

Mumbai, Aug 20 (IANS) The Indian fashion industry needs to embrace the highest safety standards, says Suki Dusanj-Lenz, country co-ordinator for Fashion Revolution India. For this, India must first stop using chemicals that are banned in the rest of the world, she said, talking about a global movement that desires greater transparency, sustainability and ethics in the fashion industry.

15 days ago
Bombay HC aids man suffering from rare genetic disorder

Nagpur, Aug 19 (IANS) The Nagpur Bench of Bombay High Court has rushed to aid a 26-year old man suffering from a rare genetic disorder by directing the government and BSNL to pay for his treatment requiring over Rs 2 crore per annum, his lawyer said on Saturday. In their order, a division bench of Justice Bhushan Dharmadhikari and Justice Arun Upadhye on Friday directed the centre, state...

15 days ago
Equities rebound on easing geo-political tensions, DIIs inflows

Mumbai, Aug 19 (IANS) Key Indian equity indices -- the Sensex and the Nifty50 -- rebounded from their five-week lows during the week ended Friday as sentiments were buoyed by easing global geo-political tensions and healthy buying in realty, metal and FMCG stocks. According to market analysts, despite the reluctance observed in foreign institutional investors (FIIs) to pump in funds, con...

15 days ago
Indian Navy officer to participate in global circumnavigation race

New Delhi, Aug 19 (IANS) Commander Abhilash Tomy of the Indian Navy, who has to his credit a solo circumnavigation of the globe, will participate in one of its kind circumnavigation race in 2018. India will participate in The Golden Globe race for the first time, with Cdr Tomy being one of the five invitees of th event. The race to commemorate 50 years of Sir Robin Knox-Johnston'...

15 days ago
Steel consumption up 3.7% in July

Kolkata, Aug 19 (IANS) India's steel consumption in July rose by 3.7 per cent to 6.905 million tonnes (mt) over corresponding month last year and exports in the last month grew by 64 per cent, the Steel Ministry's latest report said on Saturday. Overall consumption in July at 6.905 mt was down by 4.2 per cent over June 2017 but was up by 3.7 per cent over July 2016, the report of the min...

15 days ago
No inconsistency in government data on taxpayers: CBDT

New Delhi, Aug 18 (IANS) Refuting reports regarding inconsistency in the estimate of the number of taxpayers added after demonetisation, the Central Board of Direct Taxes (CBDT) on Friday clarified that the various government statements referred to different time periods. It is clarified that there is no inconsistency in the data provided by the government in the statements, as these are...

15 days ago
Sikka quits Infosys, Board blames Murthy, scrip plunges

Bengaluru, Aug 18 (IANS) In a dramatic development, high-profile technocrat Vishal Sikka on Friday resigned as CEO and Managing Director of global software major Infosys blaming unrelenting and malicious attacks, for which its Board blamed founder N.R. Narayana Murthy. The open spat led to its stock plunging 10 per cent. The Board accepted Sikka's resignation and appointed him as Executi...

15 days ago
Infosys' stocks plunge 10% as Sikka resigns, over Rs 22k cr eroded

Mumbai, Aug 18 (IANS) The resignation of a key managerial personnel at global software major Infosys spooked investors and dragged the company's scrip lower by almost 10 per cent on Friday. The massive slide in scrip price came after the resignation of Vishal Sikka as the IT major's Chief Executive Officer and Managing Director. The subsequent fall in stock prices eroded over Rs 22,400 c...

15 days ago
IndiGo awaits GST clarification to import engines, denies flight cancellations

New Delhi, Aug 18 (IANS) Budget passenger airline IndiGo on Friday said it is awaiting certain clarifications regarding GST rates applicable on the import of engines which it requires for its grounded Airbus A-320neo aircraft. The airline also asserted that its pre-scheduled operations are normal and flights are operating on-time. We have four neo aircraft grounded due to four e...

16 days ago
Infosys' stocks plunge 10% as Sikka resigns, erodes over Rs 22k cr

Mumbai, Aug 18 (IANS) Resignation of a key managerial personnel at global software major Infosys spooked investors and dragged the company's scrip lower by almost 10 per cent on Friday. The massive slide in scrip price came after the resignation of Vishal Sikka as the IT major's Chief Executive Officer and Managing Director. The subsequent fall in stock prices eroded over Rs 22,400 crore...

16 days ago
Infosys stocks, negative global cues drag equities lower

Mumbai, Aug 18 (IANS) Breaking a three-day gaining streak, key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- slipped on Friday as a sell off in the stocks of index heavyweight Infosys, coupled with negative global cues, hampered investors' risk-taking appetite. The Nifty50 of the National Stock Exchange (NSE) fell by 66.75 points, or 0.67 per cent, to close at 9,837.40 p...

16 days ago
IndiGo denies massive cancellation of flight operations

New Delhi, Aug 18 (IANS) Budget passenger carrier IndiGo on Friday said it has not cancelled any daily flights or grounded any of its new Airbus A320neo aircraft. The airline's asserted that its pre-scheduled operations are normal and flights are operating on-time. Indigo was reacting to a media report that claimed that the passenger carrier has cancelled over 80 daily flights a...

16 days ago
Visits to UK rise amid fall in pound

London, Aug 18 (IANS) The number of visitors to the UK rose to 3.5 million in June, up 7 per cent from the same month last year, official figures released on Friday showed. The number of visitors from North America shot up by 34 per cent, the figures by the Office for National Statistics (ONS) revealed. The best month so far this year was April, with 3.7 million visitors coming t...

16 days ago
Robin Thicke expecting first child with girlfriend

Los Angeles, Aug 18 (IANS) Singer Robin Thicke is expecting his first child with girlfriend and model April Love Geary. April, who has been dating Robin for over two years now, took to Instagram on Thursday to announce the news and said that the baby is due on Robin's birthday, reports dailymail.co.uk. Robin and I are very excited to share with you all that we're having a baby! T...

16 days ago
Spanish shuttler Marin vows to bring highest level to World Championships

Madrid, Aug 18 (IANS) Spanish 2016 Olympic gold medallist and two-time reigning world champion Carolina Marin has said that she is at her peak heading into next week's Badminton World Championships in Glasgow. She said in a press conference on Thursday here that her game is in even better shape than at last year's Summer Olympics in Rio de Janeiro, where she captured the title in women's...

16 days ago
Yemen cholera outbreak eases but alert continues: Unicef

Sanaa, Aug 18 (IANS) The cholera outbreak in Yemen, which has killed over 2,000 people, has started to recede but there was still no grounds for complacency regarding the health situation in the country, according to the Unicef. Deputy Representative of Unicef to Yemen Sherin Varkey told Efe news on Thursday that although the situation is easing off in some parts of the country, there ar...

16 days ago
Sikka quits as Infosys CEO, cites negative remarks against him

Bengaluru, Aug 18 (IANS) In a dramatic development, global software major Infosys Chief Executive Officer (CEO) and Managing Director (MD) Vishal Sikka resigned on Friday citing continuous disruptions and personal and negative remarks against him. His resignation was accepted, and he was appointed Executive Vice-Chairman till the new CEO and MD takes over by March 31, 2018. In a ...

16 days ago
6,000-year-old Neolithic remains discovered in Istanbul

Istanbul, Aug 18 (IANS) Archeologists have unearthed Neolithic remains believed to be dating back to 6,000 years during a new metro line construction in central Istanbul. Neolithic circular structures and urn type burials were discovered by the Istanbul Archeology Museum experts at the construction site of the subway station in Besiktas district, Xinhua news agency reported. Acco...

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