Incidents of fraud and theft involving credit and debit cards have fallen sharply in the current financial year, according to data for the first nine months provided by the Reserve Bank of India. While the exact reasons for the sharp decrease is not known, banks in India have been putting in more and more precautions after […]
The number of cancer cases in India jumped by 4.5% in 2016 to 14.51 lakh, according to the Indian Council of Medical Research or ICMR. The number implies that 1 in 930 people in India have cancer as of 2016. In 2015, the total number of cancer patients in India was estimated at 13.88 lakh […]
The demonetization of high-value currency notes saw a rise in the number of bank robberies towards the end of 2016, but all of the increase came from just three states — Jammu & Kashmir, Bihar and Haryana. Overall, cases of theft, robbery and loot of on bank properties increased by 11% in the last three months […]
Hindustan Aeronautics Ltd, India’s biggest manufacturer of aeroplanes and related equipment, has submitted a detailed project report for setting up an aerospace university in the country, the government said. The university will be called ‘HAL Aerospace University’, the civil aviation ministry said in response to a query. The university, to be set up at a […]
Reliance Communications, the telecom arm of Anil Ambani Group, has unveiled what is probably India’s cheapest 3G data plan. The company said its subscribers will get 0.5 GB of data every day for 28 days if they recharge with Rs 99. If they are in a non-3G circle, they can recharge with Rs 49 to […]
Nitin Gadkari, who is slowly building up a reputation as a pragmatic and capable minister, is likely to face major disappointment in the ongoing financial year as his ministry is unlikely to meet the steep road construction target it set for itself. Unlike the term of the previous government, when an average of 5,000 km […]
Anil Ambani’s Reliance Communications Ltd is about to announce a deal under which it will offer 3GB of 4G or 3G data for Rs 149 as well as unlimited on-net calls. It will also announce a competitor to others’ daily limit plans. Its unlimited daily plan will be applicable to 3G users as well. The […]
Water levels of dams in central and south India are abnormally low this year, going by data of hydro-electricity production across India. According to data of electricity produced by dams in India from April 2016 to February 2017, both the south and central India are facing extreme shortage of water. The average production of hydro-electricity […]
Air India, India’s national carrier, has grounded 30 women and 4 men among its cabin crew for being overweight, the civil aviation ministry said in reply to a query. The grounded crew, however, comprises only 1% its total cabin crew strength of 3,490. Air India said it grounds its cabin staff when they exceed 27 […]
PayTM, India’s biggest mobile payment company and a minority subsidiary of Alibaba Group, said it partnered with Indian Institute of Technology Kanpur to bring its cashless payment solution to the country’s premier engineering college. Under the program, students will be able to make payments using the mobile app at hostel canteens, medical store, tea stalls, […]
Mahanagar Telephone Nigam Ltd, the state-owned telecommunications operator in the metro areas of Delhi and Mumbai, said it was not aware of any ‘restarting’ of talks related to its merger with Bharat Sanchar Nigam Ltd, the pan-India telecom operator owned by the public. “We are not aware of any such news. As and when any such […]
Tata Motors reported its best ever sales performance for its UK unit for the month of February in 2017, with total retail sales up 9.3% on year for the month. Jaguar Land Rover, one of the world’s top manufacturers of luxury vehicles, sold of 40,978 vehicles in the month, the Indian company said. The jump […]
The regulator’s new rules on the pricing of television channels in India, which will come into effect in six months, will reduce the clout of big broadcasting companies such as Zee Entertainment Enterprises, Sony, Star India and Sun TV, while encouraging smaller media owners. So far, bigger groups enjoyed a key advantage — they could […]
New rules on the pricing of television channels are likely to make the viewing of HD and sports channels in India cheaper and make charges such as ‘HD Access Fee’ totally illegal. The rules were issued on Friday and will come into effect within six months of it being published in the gazette. The most important […]
PVR Ltd, India’s largest chain of film exhibition halls, said it had entered its 49th city with the opening of a new multiplex in Moradabad. The three-screen, 631-seat facility was opened inside the newly opened Parsvnath Mall. The facility marks the 11th city in Uttar Pradesh that is home to a PVR complex. With this, […]
The amount of money estimated to be saved by power companies in India due to the rearrangement of coal supplies has risen to Rs 2,503.50 cr per year, according to power ministry sources. The program of swapping coal sources, known as ‘coal linkage rationalization’, is in its third phase. The first phase, which was carried out […]
Reliance Jio, the telecom operator from Reliance Industries, made a presentation before investors in Mumbai yesterday in which it claimed that it has a headstart of 3-4 years in its core network roll-out compared to rivals and sought to allay concerns on its pricing strategy. The company, which hosted an investor meet in Mumbai yesterday, […]
Vodafone, India’s second largest telecom operator by revenue, has more or less matched newcomer Reliance Jio’s aggressive tariff plan by offering 1 GB per day for one month at Rs 346, in addiition to unlimited voice calling. The plan is almost exactly similar to what Reliance Jio last week, though the pricing — at Rs 346 […]
The central Indian state of Chhattisgarh has come out as a leader in India’s quest to take electricity to remote villages where grid-based power cannot be supplied due to economical reasons. The state accounts for 550 of the 852 ‘decentralized distributed generation’ schemes set up with central assistance so far, according to data sourced from […]
Patanjali Ayurved, the consumer products company headed by yoga exponent Baba Ramdev, has scaled up its agreement with Ruchi Soya, which has been facing financial stress due to high debt levels. Ruchi Soya said the two companies have agreed to expand their initial agreement — signed last month — to two Madhya Pradesh and Gujarat […]
