Nissan ex-chair Ghosn’s release on bail approved by court

This post was originally published on this siteFormer Nissan chairman Carlos Ghosn was arrested in November, released on bail in March but re-arrested in April on new allegations and taken to the Tokyo Detention House. He has paid 500 million yen ($4.5 million) in bail, the Tokyo District court said Thursday, signaling he would likely … Read moreNissan ex-chair Ghosn’s release on bail approved by court

‘We are hamstrung by existing structures … No society has grown at robust growth rates without sizeable scientific literacy’

This post was originally published on this siteNiti Aayog got together with Harvard University’s Mittal South Asia Institute to organise a symposium in New Delhi earlier this month, focussing on how to strengthen scientific literacy and create a platform for science- and… Please follow and like us:

Vilifying the EVM: Snags get amplified by social media. EC must minimise failures, swiftly replace machines

This post was originally published on this siteThe culmination of the third phase of voting saw opposition leaders like Chandrababu Naidu, Akhilesh Yadav, Sharad Pawar, Arvind Kejriwal and Shashi Tharoor vent their angst at EVM/ VVPAT failures. Election Commission has maintained that… Please follow and like us:

RBI sells entire stake in NHB, Nabard to govt

This post was originally published on this siteThe Reserve Bank has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (Nabard) for Rs 1,450 crore and Rs 20 crore, respectively. The central bank sold stake in NHB on March 19, while it sold the stake in … Read moreRBI sells entire stake in NHB, Nabard to govt

Madras high court lifts ban on TikTok app

This post was originally published on this siteThe Madurai bench of the Madras high court on Wednesday vacated its interim order prohibiting downloading of TikTok app. The court allowed downloading the app following submissions made by the Chinese company that it has mechanisms in place to regulate content and it is only an intermediary platform … Read moreMadras high court lifts ban on TikTok app

Declaring me fugitive offender is like giving ‘economic death penalty’: Mallya tells HC

This post was originally published on this siteMallya made the statement through his counsel Amit Desai before a bench of justices Ranjit More and Bharati Dangre, during arguments on his plea challenging several provisions of the Fugitive Economic Offenders Act that came into existence in August last year. Please follow and like us:

Sensex surges 490 points to reclaim 39,000-mark; Nifty ends above 11,700

This post was originally published on this siteOn the 30-share BSE index, top gainers include HCL Tech, IndusInd Bank, ONGC, Bharti Airtel, Yes Bank, HDFC twin (HDFC and HDFC Bank) and Reliance Industries with their shares climbing as much as 3.45 per cent. 23 out of 30 stocks on the BSE platform closed in the … Read moreSensex surges 490 points to reclaim 39,000-mark; Nifty ends above 11,700

India witnessed 1.4L a/c hacking attempts every hour in 2018

This post was originally published on this site In 2018, India reported about 1.4 lakh account takeover (ATO) login attempts every hour from people using stolen or generated username and password, a latest cyber security report has revealed. India was the second most preferred target destination after the US, recording more than 120.8 crore ATOs … Read moreIndia witnessed 1.4L a/c hacking attempts every hour in 2018

Long wait to land force Air India flight to declare May Day in Hong Kong

This post was originally published on this siteThe scare happened on March 20 when AI 315 was operating from Osaka to Hong Kong with over 170 people on board, before flying back to India. “The aircraft had to hold for very long time before landing and hence due (to) critical fuel, the pilot declared May … Read moreLong wait to land force Air India flight to declare May Day in Hong Kong

Indian IT companies raise elite US sales force

This post was originally published on this siteIn a move to accelerate its localisation efforts, Infosys and Wipro have hired 10,000 and 6,000 people respectively in the US over the last three years. TCS has added 17,000 people in the US in the last five years. These numbers include 600 sales personnel at Infosys and … Read moreIndian IT companies raise elite US sales force

Wipro BFSI prez Farooq resigns after 5 yrs at helm

This post was originally published on this siteGuha has been with Wipro for over 25 years and was the vertical head for BFS Americas in his previous role. He is based in New York and will report to Wipro CEO Abidali Neemuchwala. “Farooq has decided to step down due to health reasons. Shaji will continue … Read moreWipro BFSI prez Farooq resigns after 5 yrs at helm

SoftBank may invest $2-3bn in Jio: Report

This post was originally published on this siteThis comes on the back of reports of Saudi giant Aramco being in discussions to buy a 25% stake in Reliance Industries’ refining and petrochemical business for $10-15 billion. “SoftBank has long been seen as a potential investor in Jio,”JPMorgan said in a research report. Please follow and … Read moreSoftBank may invest $2-3bn in Jio: Report

Premium jumps in RBI’s second rupee-dollar swap

This post was originally published on this siteUnder this newly launched liquidity infusion mechanism, banks sell dollars to the RBI and get rupee funds from it with the guarantee that the central bank will return the dollars after three years. So in effect, banks get rupee funds at a time when they are short on … Read morePremium jumps in RBI’s second rupee-dollar swap