TN anti-corruption bureau can probe Cognizant paying bribe to TN officials(22:04) Chennai, Feb 16 (IANS) Even though Cognizant Technology Solutions has resolved with the US authorities the case of bribing Tamil Nadu government officials with $2 million, the Directorate of Vigilance & Anti-Corruption (DVAC) can start a probe to find out the corrupt officials, said serving and a retired top official of DVAC.
Vande Bharat Express ready for commercial run on Sunday: Railways(21:40) New Delhi, Feb 16 (IANS) Allaying apprehensions about unusual stop for over three hours of the Vande Bharat Express, a day after its launch by Prime Minister Narendra Modi, the Railways on Saturday said the indigenously built train has been "thoroughly checked" and is "ready" for its first commercial run, scheduled on Sunday.
India imposes 200% import duty on Pak goods(21:32) New Delhi, Feb 16 (IANS) A day after withdrawing the Most Favoured Nation status to Pakistan, India on Saturday slapped a 200 per cent import duty on all goods originating or exported from Pakistan.
India's effective arbitration will improve business: Former England A-G(18:34) New Delhi, Feb 16 (IANS) Former Attorney General for England, Wales and Northern Ireland Lord Goldsmith on Saturday said India is progressing towards improving its global perception of doing business and an effective arbitration regime will aid that process.
Samsung Galaxy S10 to be launched on March 8(18:04) Seoul, Feb 16 (IANS) South Korean tech giant Samsung Electronics Co. said it will release its new flagship smartphone - the Galaxy S10 - on March 8 in the US.
Aboard Train 18: A promise that could not be kept(17:24) By V S Chandrasekar Chamraula (UP), Feb 16 (IANS) It was an offer one couldn't resist -- a journey back home in Delhi, quicker by at least six hours, by the high-speed Train 18, rechristened Vande Bharat Express.
NGO appeals against auto companies making number plates(15:56) New Delhi, Feb 16 (IANS) Expressing concerns over the new norms for High Security Registration Plates (HSRP), the NGO Raahat Safe Community Foundation has said automobile manufacturers should not be given the right to make HSRP as multiple number plate makers might risk national security.
Vande Bharat Express breaks down in UP due to communication failure (Lead)(15:32) New Delhi/Tundla, Feb 16 (IANS) After the much-hyped flagging off by Prime Minister Narendra Modi, the high-speed Vande Bharat Express to Varanasi, the train suffered a break down on Saturday early morning at Chamraula, 194 km from New Delhi on its empty return journey to Delhi, getting stuck for more than three hours.
Karnataka businessman held, jailed for income tax default (Lead)(14:42) Bengaluru, Feb 16 (IANS) A Karnataka-based businessman has been jailed for six months for allegedly not filing his income tax arrears and interest of around Rs 7.35 crore despite reminders, an official said on Saturday.
Housing finance: An opportunity in a storm (Column: Behind Infra Lines)(14:38) By Taponeel Mukherjee The recent NBFC (Non-Banking Financial Company) crisis in India has brought to the fore the funding and low equity capitalisation issues, especially of the housing finance company (HFC) sector. The problems are serious, and therefore the regulators and NBFCs have rightly themselves sprung into action to alleviate the situation.
88 smartphone brands fight for mere 0.3% market share in India (Tech Trend)(13:48) By Nishant Arora New Delhi, Feb 16 (IANS) While the top five smartphone brands currently enjoy a market share exceeding 75 per cent in India, whatever is left is now being shared by over 88 smartphone brands -- leaving a mere 0.3 per cent market share for each player.
Karnataka businessman jailed for Rs 7.35 cr tax default(13:30) Bengaluru, Feb 16 (IANS) The Income-Tax department arrested and jailed a Karnataka businessman for defaulting on paying Rs 7.35-crore as income tax arrears and interest despite reminders, said an official on Saturday.
Saudi Crown Prince cuts short Pakistan visit(12:10) Islamabad, Feb 16 (IANS) Saudi Crown Prince Mohammad Bin Salman's visit to Pakistan that was scheduled to start on Saturday, has been cut short by a day rescheduled for Sunday-Monday, the Pakistan Foreign Office has said.
Amazon leads $700mn investment in electric truck startup(09:04) San Francisco, Feb 16 (IANS) US online retail giant Amazon is leading a $700-million funding round for electric truck startup Rivian Automotive, Rivian has said.
One-way traffic allowed on Jammu-Srinagar highway(08:52) Jammu, Feb 16 (IANS) One-way traffic was allowed on the Jammu-Srinagar highway on Saturday and only stranded vehicles are moving from Jammu to Srinagar, a traffic official said.
Italy to end up like Venezuela if it exits euro: Antonio Tajani(08:00) Brussels, Feb 16 (IANS/AKI) Italy will spiral into a deep social and economic crisis like Venezuela's if it leaves the single currency, European Parliament President Antonio Tajani has warned.
US stocks close higher amid trade optimism(04:56) New York, Feb 16 (IANS) US stocks ended higher as financial stocks outperformed and the market has built up hopes in the possibility of easing US-China trade tensions, after the two sides decided to continue bilateral talks next week.
Goa port suspends coking coal handling due to air pollution(04:24) Panaji, Feb 16 (IANS) The state pollution authority has temporarily suspended all coking coal handling operations at Goa's Mormugao Port Trust, due to "deteriorating air quality" at the port town of Vasco, located 35 km from Panaji.
Central expects Rs 3,000 crore revenue by this fiscal-end(23:16) Kolkata, Feb 15 (IANS) Central, a premium retail store chain of Future Lifestyle Fashions, is expecting to touch around Rs 3,000 crore topline by end of the current fiscal, an official said on Friday.
Bengal may exceed CGST target: Official(23:12) Kolkata, Feb 15 (IANS) About Rs 12,000 crore of Central Goods and Services Tax (CGST) was collected from West Bengal during the current fiscal till December 2018, an official said on Friday.
Industry urges Centre to act to reverse fall in export credit, delays in tax refund(22:54) New Delhi, Feb 15 (IANS) Representatives of industry and exporters on Friday voiced concerns with the government, including the sharp fall in export credit, delay in the refund of input tax credit (ITC) and withdrawal of GSP benefits by the US, at a meeting here of the Board of Trade chaired by Commerce Minister Suresh Prabhu, an official statement said.
Government working on interoperable Wi-Fi ecosystem: Sundararajan(22:14) New Delhi, Feb 15 (IANS) Telecom Secretary Aruna Sundararajan on Friday said the government, along with telecom operators and the telecom regulator, is working on the deployment of an interoperable Wi-Fi ecosystem.
India's exports in Jan up 4%, trade deficit widens to $14.73 billion (Lead)(22:12) New Delhi, Feb 15 (IANS) India's merchandise exports grew 3.74 per cent on a year-on-year basis in January to $26.36 billion, from $25.41 billion reported for the corresponding month of last year, official data showed on Friday.
