BUSINESS AWAAZ

170 footwear firms urge Trump to raise tariffs on shoes

  WEB DESK More than 170 footwear companies, including top brands Nike and Adidas, have urged US President Donald Trump not to raise tariffs on shoes made in China. In a letter to President Trump, the companies warned that the proposed tariff hike would be catastrophic for their customers and the American economy as a … Continue reading 170 footwear firms urge Trump to raise tariffs on shoes

Stock market soars high after exit polls

  Domestic stocks today surged in the afternoon trade as investors cheered exit poll results that showed the ruling NDA’s victory in the recently-concluded Lok Sabha elections. Sensex at Bombay Stock Exchange surged 1,284 points, or 3.4 per cent, to zoom past the 39,000 mark of 39,215, a short while ago. Nifty at National Stock … Continue reading Stock market soars high after exit polls

Jet employees write to SBI Caps for raising funds

Sanjay Singh / New Delhi Even as the SBI Caps is in talks with unsolicited bidders of Jet Airways including Mumbai-based Darwin Group and London’s AdiGro Aviation to bring in equity and additional funds, a group of airline’s employees in their mail to SBI Caps said they are in talks with investors to raise $700 … Continue reading Jet employees write to SBI Caps for raising funds

BSNL, MTNL VRS, spectrum allocation put on hold

Sanjay Singh / New Delhi Plans for revival, Voluntary Retirement Scheme and funds for 4G and 5G spectrum allocation for loss making telecom companies, BSNL and MTNL has been put on hold by the Department of Telecommunications (DoT) till the formation of the new government at the Centre. In April, the Ministry of Telecommunications had … Continue reading BSNL, MTNL VRS, spectrum allocation put on hold

Will create transparent SOP to allocate Jet Airways’ foreign flying seats: Civil Aviation Secretary

AMN Civil Aviation Secretary P S Kharola today said the ministry will create a transparent standard operating procedure (SOP) to allocate Jet Airways’ foreign flying seats on a temporary basis. Mr Kharola said the ministry had asked airlines to confirm their requirement of domestic slots and international traffic rights. “We had asked airlines to confirm … Continue reading Will create transparent SOP to allocate Jet Airways’ foreign flying seats: Civil Aviation Secretary

DGCA de-registers 83 aircraft of Jet Airways

  Sanjay Singh / New Delhi A month after Jet Airways shut down its domestic and international operations, India’s Civil Aviation regulator, Directorate General of Civil Aviation (DGCA) has de-registered 83 aircraft of Jet Airways, which includes two Boeing B777s and six Airbus A330s, both wide-bodied aircraft. According to the latest data, DGCA has de-registered … Continue reading DGCA de-registers 83 aircraft of Jet Airways

Turmoil at IndiGo, Is the airlines heading for trouble like Jet Airways?

  By Sanjay Singh / New Delhi Serious differences between the two founders of IndiGo, Rahul Bhatia and Rakesh Gangwal have cropped up over strategies and ambitions for the airline, whic has raised concerns in the industry and the government. The specific clauses in the shareholders’ agreement that are the bone of contention could be … Continue reading Turmoil at IndiGo, Is the airlines heading for trouble like Jet Airways?

DGCA to engage with airlines again to control rising airfares

Sanjay Singh / New Delhi India’s civil aviation regulator, the Directorate General of Civil Aviation (DGCA) would do an assessment of rising airfares that have largely remain constant since the Jet Airways troubled surfaced early this year that followed its shutdown on April 17 last month. Ever since the Jet Airways shutdown, the DGCA has … Continue reading DGCA to engage with airlines again to control rising airfares

RBI releases vision document for e-payment system

AMN / NEW DELHI Reserve Bank of India, RBI has released a vision document for ensuring a safe, secure, convenient, quick and affordable e-payment system. The move comes as the apex bank expects the number of digital transactions to increase more than four times to 8,707 crore in December 2021. According to RBI release on … Continue reading RBI releases vision document for e-payment system

Chanda Kochhar, Deepak Kochhar appear before ED for 3rd day consecutively

AMN Former ICICI Bank CEO and MD Chanda Kochhar along with her husband Deepak Kochhar today appeared consecutively for the third day before the Enforcement Directorate, ED at the Agency Headquarters in New Delhi. They are being questioned in connection with the ICICI-Videocon loan case. Last week, the financial probe agency had summoned Kochhar to … Continue reading Chanda Kochhar, Deepak Kochhar appear before ED for 3rd day consecutively

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ELECTIONS

It is Modi Lahar again…NDA is leading in 327

  Our Correspondents / agencies Counting of votes for the 17th Lok Sabha and Assembly elections in ...

Reports of EVMs replacement completely false: EC

AMN / NEW DELHI The Election Commission on Tuesday termed the allegations of EVM replacement as "completely ...

63 % polling recorded in the final phase of Lok Sabha polls

Voters have already exercised their franchise for 483 out of the total 542 parliamentary seats in previous six ...

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SPORTS

Hockey: Indian women clinch 3-match series beating S Korea 2-1

  By Harpal Singh Bedi India survived some anxious moments before putting it across host Korea 2-1 to r ...

Boxing: Amit Panghal, Shiva Thapa enter semis at 2nd India Open

HSB / Guwahati Asian Games gold medallist Amit Panghal (52kg) and Asian Championships bronze medallist Shiva ...

Football: Sethu FC overpower Manipur Police to win Hero Indian Women’s league

  By Harpal Singh Bedi Riding on Sabitra Bhandar's brace Sethu FC (Madurai) overcame Manipur Police ...

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MARQUEE

116-year-old Japanese woman is oldest person in world

  AMN A 116-year-old Japanese woman has been honoured as the world's oldest living person by Guinness ...

Centre approves Metro Rail Project for City of Taj Mahal, Agra

6 Elevated and 7 Underground Stations along 14 KmTaj East Gate corridor 14 Stations all elevated along 15.40 ...

CINEMA /TV/ ART

66th National Film Awards to be declared after General Elections

  The 66th National Film Awards will be declared after General Elections, 2019. In a statement, Informat ...

Priyanka Chopra is among world powerful women

AGENCIES   Bollywood actress Priyanka Chopra Jonas has joined international celebrities including Opr ...

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ART & CULTURE

Sahitya Akademi demands Rs 500/- from children for Workshop

Andalib Akhter / New Delhi India’s premier literary body, the Sahitya Akademi, which gives huge awards, p ...

Noted Urdu writer Jamil Jalibi is no more

  Author of the seminal history of Urdu literature, editor of one and founder of another eminent literar ...