Uber CEO Travis Kalanick has quit US President Donald Trump’s council of business leaders following intense criticism and boycott calls in the social media over the company’s tie to the Trump administration. Kalanick wrote to his employees that he’d spoken with Trump on Thursday to “let him know that I[Read More…]
Apple Inc CEO Tim Cook lauded the demonetisation drive taken by Centre as a “great move” in the longer term. “Despite the demonetisation move in India that created lots of economic pressure there last quarter, despite that, we had all-time record revenue results, and so we were very happy about[Read More…]
Amid huge uproar by opposition to delay the budget by a day following the demise of IUML MP E Ahamed, the decision was taken to present the Budget as scheduled on Wednesday morning. Undoubtedly, people were expecting a standout budget from the finance minister, including a number of reforms, and[Read More…]
Prime Minister’s Office claimed that bills worth Rs 119 crore pending towards Air India, generated for some foreign visits of Narendra Modi, have been cleared. RTI applicant Commodore (retd) Lokesh Batra said that the Prime Minister’s Office (PMO) on January 30 uploaded on its website the details of bills worth[Read More…]
Economic Survey report tabled by Union Finance Minister, Arun Jaitley on Tuesday projected that the India’s economy grows between 6.75 percent and 7.5 percent in the financial year beginning on April 1. The survey was prepared by the finance ministry’s chief economic adviser Arvind Subramanian. The survey also pointed out[Read More…]
A group of noted tech firms is planning to meet on Tuesday to discuss filing an amicus brief supporting a lawsuit challenging US President Donald Trump’s order banning immigration from seven Muslim-majority nations said a spokesperson for a company organizing the gathering. The meeting was called together by GitHub, a[Read More…]
Shares of Idea Cellular increased as Vodafone on Monday confirmed that it is in talks to merge its Indian operations with contemporary Idea Cellular in an all-share deal. The motif of the deal is to counter the surging competition in the telecom market. As per Reuters, Vodafone said it was[Read More…]
Central government is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as India looks for ways to cut its trade deficit, officials told media. State-run Mineral Exploration Corp Ltd has started exploring the[Read More…]
Cricketer Virat Kohli and wrestler Sakshi Malik along with Singer Kailash Kher may receive the Padma Shri award this year, as per a report in HT. Five sportspersons including captain Virat Kohli, Olympian Sakshi Malik, gymnast Dipa Karmakar, discus thrower Vikas Gowda and national hockey team captain PR Sreejesh along[Read More…]
The Chief Ministers’ panel on Tuesday recommended Rs 1,000 subsidy for buying smartphones by non-tax assesses and small merchants and a cash transaction tax on withdrawals of Rs 50,000 and above in banks to encourage digital payments. The Chief Ministers’ panel report that was submitted to PM Modi by committee[Read More…]
Soon as Trump takes on the Presidency, he orders a media blackout at the Environmental Protection Agency, barring staff from receiving any new contracts or grants, part of a broader communications clampdown within the executive branch. The order came on Tuesday as the agency delayed the implementation of at least[Read More…]