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An uneasy relationship between telecom & technology

For the next four days, a sprawling conference centre here will become the global hub for the telecommunications and technology industries.




un

Volatility draws billions into oil funds

Assets of top oil funds quadruple to $5.4 bn since July, Contango structure trims gains through roll costs




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UN assembly grants observer status to ICC

The United Nations (UN) General Assembly has granted observer status to the International Chamber of Commerce (ICC),




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Deep sea secrets: Countries claim obscure and difficult-to-reach tracts of the deep-sea world

The ocean has deep secrets. It is a world as vibrant as the one outside. There is a unique ecology that defies common knowledge and often perplexes scientists. This barely-explored territory is also believed to hold vast quantities of precious metals and minerals that can sustain the modern world for centuries. So it is not […]




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Government to rework strategy for setting up chip units

In March 2014, the government approved two projects for setting up semiconductor units and also created an empowered committee (EC) for implementation of the projects.




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Estimated 29% drop: Weak chip demand hits Samsung’s Q4 profit

Samsung Electronics surprised the market on Tuesday with an estimated 29% drop in quarterly profit, blaming weak chip demand in a rare commentary issued to ‘ease confusion’ among investors already fretting about a global tech slowdown.




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Fear of Trump walking on Xi haunts China as trade talks near end

As Trump claims to be the first American president to stand up to Beijing, his aides have built a possible deal on a foundation of distrust.




un

Mueller Report: Pelosi under pressure as progressive demand impeachment of Donald Trump

Mueller report identified at least 10 instances of potential obstruction of justice by Donald Trump.




un

Loan amount return dispute

ye query mere uncle ka case hai -- 1.uncle ne kisi dost (jain sahab) se paise udhar liye they cash me aur time to time wapas bhi karte rahe. 2. udhar lete time uncle apne letter head p likh k diya k itne paise itne byaj p le raha hun..( uska sample image main bejh raha hun) 3. par uncle k paise lautate time jo recieving thi vo kho gayi h na koi record h aur uncle ne bh paise cash me hi diya tha 4. 2017 me jain sahab ki bimari k karan death ho gayi , to jain sahab k bete aur damad ne uncle se pucha k apne kitne udhar liye they to uncle ne kaha 14 lakh but use time to time utar diye they exact amount dekh k batunga 5. jain sahab k bete ne kuch jaan pehcahn k logo k sath aur vakil k ghar uncle se likhwa liya k 14 lakh bakaya h aur uspe witness k bhi sign kara liye (iski koi copy uncle k pas nah h ) ye june 2017 me hua 6. uske bad uncle k beto ne hisab lagay to kul 7 lakh bakaya nikla ,,,uske bad unhone jain sahab k bete aur damad ko apne ghar bulaya aur kaha ke haamre family relation h par apne hamare pitaji se jabardasti 14 lakh likhwa liye jo k sah nah h aur apka sirf 7 lakh bakaya h. to unhone bola thik h ap 7 lakh wapas kar (iski voice recording h uncle k pas) 7. uncle k bete ne 2018 me 2 lakh lauta diye cash me , aur whatsapp kardiya jain sahab k bete ko k ab 5 lakh bakaya h ,,2019 me paise na hone k karan vo kuch paisa na de paye 8. 2020 me jain sahab k damad ne uncle dwara likha hua bhi bejh diya whatsapp p (jo ki ek tarah ki dhamki lagi) 9 ab uncle ko lag raha h ki bache hue 5 lakh dene k bavjood bhi agar vo 14 lakh wala parcha leke khade ho gaye to hum kya karenge. aise situation me kya kiya jaye ? 1. kya jo uncle ne likh k diya uski validity h legally ? 2. kya uncle ye bol de k humne hisab k mutabik 7 lakh wapas krdiy h . 3.kya uncle complaint kare ki jabardasti 14 lakh likhwa liye 4. kuch aur better opinion ?




un

internship nd opportunities in law

i hav completed my llb in 2017 but i didn't practice bcoz of financial problem and earning problem. so what should i do now. thanks in advance




un

Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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RBI caps banks’ investment using TLTRO funds in a single entity at 10%

According to dealers, firms like Reliance Industries (RIL), NABARD, and Tata Steel are likely to hit the bond market on Thursday with an intention to raise a cumulative Rs 15,000 crore.




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RBI measures for NBFCs unlikely to boost credit flow to broader economy: Moody’s

The RBI announced the liquidity facility under the TLTRO 2.0 window for NBFCs and MFIs after these institutions failed to get funding under the earlier TLTRO scheme announced late in March.




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Kotak Mahindra Bank cuts savings account interest rate; effective from April 20

Kotak Mahindra Bank, which has revised interest rate on daily balances in savings account multiple times over the past year or so, has again made a change.



  • Banking & Finance
  • Industry
  • Kotak Mahindra Bank

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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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ICICI Bank launches voice banking services on Amazon Alexa, Google Assistant

This novel facility offers customers yet another way to connect with their bank from home at a time when they are advised to stay indoors in the wake of the nationwide lockdown, ICICI Bank said in a release.




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Loan moratorium may haunt banks even after getting lifted; Moody’s explains post moratorium credit landscape

The loan moratorium, as suggested by the Reserve Bank of India (RBI) last month and subsequently implemented by various lenders across the country, might be able to provide some temporary relief for now but could also play a hand in changing the credit landscape of the banking sector.




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NBFCs, MFIs to see Rs 50-60k cr funding gap on lack of moratorium: Report

With the first targeted long-term repo operations (TLTRO) 2.0 failing fresh funding or refinancing to the sector from this route is unlikely to exceed Rs 10,000 crore unless there is a significant change in the banks' response in the second tranche, it said.




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NBFC and MFIs’ funding gap to further increase to Rs 15k-25k crore: Acuité Ratings

However, if collections don’t revive rapidly for the NBFCs and MFIs in particular within this period, the liquidity challenges may continue and will necessitate longer term funding,” the firm said.




un

Union Bank plans to lower stake in IndiaFirst Life to less than 10 per cent

Union Bank received the stake after Andhra Bank was merged with the Mumbai-based lender, effective April 1.




un

Covid-19 impact: Asset quality could come under stress, says IndusInd Bank CEO

The lender’s gross NPAs stood at 2.45% of gross advances as on March 31, 2020, up from 2.18% on December 31, 2019, while the net NPA ratio stood at 0.91% of net advances as on March 31, 2020, down from 1.05% on December 31, 2019.




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Banks set to declare Cox and Kings exposure as ‘fraud’ account

This classification will require banks to make provisions of 100% of the total amount due to them as per Reserve Bank of India (RBI) guidelines.




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RBI extends regulatory benefits under SLF-MF scheme to all banks

Earlier in the week, the Reserve Bank had announced Rs 50,000-crore SLF-MF scheme to bailout the mutual funds facing redemption pressure.




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RBI makes it easier for banks to support mutual funds

On Thursday, the RBI said banks would be eligible for regulatory benefits irrespective of whether they supported MFs with resources from the special window or otherwise.




un

Around 95% of MSMEs availed moratorium: Bank of Baroda

The RBI had earlier extended the deadline for one-time debt restructuring of MSMEs from March 31, 2020, to December 31, 2020.




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NBFCs tapping NCD market to raise funds amid Covid crisis

The three year NCD issue of Indiabulls Housing Finance opened on April 29. Although, the base issue size was Rs 100 crore, but it had a greeshoe option of Rs 900 crore.




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Bank of Baroda disburses Rs 2,300 crore to MSMEs under emergency credit line facility

The state-owned bank launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.




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Yes Bank case: ED files charge sheet against bank co-founder Rana Kapoor

Kapoor, former MD and CEO of Yes Bank, was arrested by the ED on March 8 under the Prevention of Money Laundering Act (PMLA). He is accused of sanctioning loans to certain firms against kickbacks.




un

Yes Bank creates stressed asset management vertical to resolve NPA accounts

This will lead to the share of retail and small business loans to grow to a level of 60 per cent in the next two years from the current 44 per cent, he said.




un

SBI Card Q4 net plunges 66% to Rs 84 crore on COVID-19 provisions, rise in expenses

On the COVID-19 pandemic, SBI Card said globally, countries and businesses are under lockdown and there is a high level of uncertainty about the duration of the lockdown and the time required for things to get normal. 




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Indian Holidays Pvt. Ltd. Announces 5% Discounts for Select Deccan Odyssey Journeys

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...



  • Fri
  • 12 Oct 2012 00:00:00

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Maharajas Express all set to run its first Indian Panorama journey of the season

Indian Railways Catering and Tourism Corporation’s premier luxury train, the Maharajas Express, is all set to run its first Indian Panorama journey of the 2012-13 season tomorrow. The train will depart from the Safdarjung Railway Station tomorrow at 2200 hours. All guests have been...



  • Fri
  • 19 Oct 2012 00:00:00

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Deccan Odyssey Announces New Departure Dates for the Season

One of the premier luxury trains in India, the Deccan Odyssey, has announced revised departure dates for the remaining of the season. This luxury train will run for 4 more times before completing its 2012-13 season in April 2013. Dubbed India’s Blue Train, the Deccan Odyssey offer weeklong...



  • Tue
  • 18 Dec 2012 00:00:00

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By ignoring climate emergency, world leaders are forcing children to act: Greta Thunberg

Thunberg has become a leading voice for action on climate change, inspiring millions of students to join protests around the world.




un

Minimoon found orbiting Earth! Here’s all you need to know about 2020 CD3

The discovery was announced by the Minor Planet Center on Tuesday. So far, the astronomers do not have enough data to establish what the minimoon is made of.




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ISRO to launch GISAT-1 satellite on GSLV rocket as high as a 16 storey building!

The launching vehicle of GISAT 1 has evinced much interest before the launch of the mission. GSLV -F10 is a humongously tall vehicle - as tall as a Sixteen storey building, and weighing approximately 4,20,300 kilograms..




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ISRO’s Young Scientist Programme: Registrations see 2 fold increase post PM Modi’s Mann ki Baat mention

The number of registrations before PM Modi's mention was hovering at only 74,000 which jumped to 1,53,000 after PM's mention.




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ISRO’s Gaganyaan: SAIL’s Bhilai plant sending high strength special steel to make satellite launch vehicle

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.




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GISAT-1 launch: ISRO postpones March 5 launch; Here’s why

ISRO's GISAT-1, which weighs around 2,268 kgs, was slated to be the first Earth observation satellite to be placed in the Geosynchronous Transfer Orbit.




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Chandrayaan-3 to be launched in first half of 2021: Govt

The Indian Space Research Organisation had then resolved to launch the project again. It had said the project is likely to be launched by the end of the year.




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ISRO’s Chandrayaan-3 launch schedule revealed, Gaganyaan mission on track

The Union Minister also said that the upgraded configuration in Chandrayaan-3 will make the spacecraft more robust in terms of design and it will also have an enhanced spacecraft capacity without compromising with the heritage of Chandrayaan-2.




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Stephen Hawking: Here are top groundbreaking theories from the British scientist on his death anniversary

The famous scientist, who battled amyotrophic lateral sclerosis (ALS), a motor neurone disease for over 50 years, passed away at the age of 76 on March 14, 2018.




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Air quality picking up in quarantined countries

Air quality is improving in countries under coronavirus quarantines, experts say, but it is far too early to speak of long-term change.




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Russia earthquake: 7.5 magnitude quake in north Pacific prompts tsunami watch for Hawaii

The Pacific Tsunami Warning Center said hazardous tsunami waves were possible within 1,000 kilometers (600 miles) of the quake's epicenter.




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Coronavirus Lockdown: After improvement in air quality, scientists record drop in seismic vibrations under Earth surface

The report claims that the development could help seismologists detect earthquakes of even very small magnitude, signals of which were earlier drowned in the cacophony produced by various activities.




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China to launch communications satellite named after Wuhan

Despite its proximity to the epicentre of the novel coronavirus pandemic, the company staff worked hard to ensure the success of the mission, state-run Xinhua news agency reported.




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Boeing to redo test flight of uncrewed Starliner spaceship

A test run in December was ended early when the spacecraft failed to engage its thrusters on time.




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Blue skies, reduced emissions only temporary, won’t benefit environment in long run, say experts

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Presence of ‘bat coronavirus’ found in Kerala, Tamil Nadu, says ICMR study

According to the study published in the Indian Journal of Medical Research, there is no evidence or research to claim that these bat coronaviruses can cause disease in humans.




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New ‘Earth-like’ Exoplanet Kepler-1649c found! Scientists analyze if it can sustain life

The less distance from Kepler 1649 c's host red-dwarf star, scientists believe, puts the exoplanet in the habitable zone where liquid water could exist on the world's surface.