SEBI seeks public views on new proposals to curb P-Notes

Mumbai: Market regulator SEBI on Monday sought public views on its latest proposals to curb black money being routed through “Participatory Notes” (P-Notes). The proposal for implementation of fee on ODI issuing FPIs will require changes in SEBI (FPI) Regulations P-Notes are mostly used by overseas individual investors, hedge funds and foreign More...

by Agencies | Published 15 hours ago
By Agencies On Sunday, May 28th, 2017
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BA to resume flights, union says Indian IT to blame for chaos

London: British Airways (BA) warned of further delays and cancellations as it resumed flights on Sunday following a major IT failure that saw most services cancelled from London’s Heathrow and Gatwick airports More...

By Agencies On Saturday, May 27th, 2017
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Apple reportedly building AI chip for iPhone

San Francisco: US tech giant Apple is reportedly developing a dedicated artificial intelligence (AI) chip, called the Apple Neural Engine, that would power AI-related tasks on mobile devices. The chip is also said More...

By IANS On Friday, May 26th, 2017
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Sensex mounts 31k, Nifty scales 9,600 points peak

Mumbai: Healthy pick-up in heavyweight stocks of Reliance Industries, Tata Steel and ITC on Friday lifted the BSE Sensex and the NSE Nifty to touch fresh record highs of 31,000 and 9,600 points mark respectively. On More...

By Agencies On Friday, May 26th, 2017
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Samsung hit with lawsuits as battery woes continue

Seoul: As the Note 7 fiasco had begun dying down, Samsung is again facing multiple lawsuits following reports that its other models too are plagued with battery issues, media reports said. The other smartphone models More...

By Agencies On Thursday, May 25th, 2017
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IOC awaits Centre nod on dynamic fuel pricing across India

New Delhi: The ongoing dynamic fuel pricing pilot project in five cities by state-run oil marketers, whereby transport fuel prices are changed daily, would only be extended elsewhere in India on receiving the government’s More...

By Indileak Web Desk On Thursday, May 25th, 2017
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Telecom dept closely watching impact of 18% GST on the sector: Manoj Sinha

New Delhi: The telecom department is closely watching the impact of the proposed 18 per cent Goods and Services Tax (GST) on the industry, Communications Minister Manoj Sinha said here on Thursday. The sector was More...

By Indileak Web Desk On Wednesday, May 24th, 2017
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Jet Airways introduces third Mumbai-London non-stop flight

New Delhi: Private airline major Jet Airways on Wednesday announced introduction of its third non-stop daily service between Mumbai and London Heathrow, effective from October 29. Currently, the airline major operates More...

By Agencies On Wednesday, May 24th, 2017
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More UDAN routes to be allocated by August

New Delhi: The central government on Wednesday said that it will allocate more air routes under its regional connectivity scheme — UDAN (Ude Desh ka Aam Nagrik) — through the second round of bidding More...

By IANS On Tuesday, May 23rd, 2017
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Indians love to watch drama: Netflix

New Delhi: The Indian audience is hooked to the drama genre with shows like “Suits” and “The Good Wife” having strong followers here, says a Netflix spokesperson. The new rules of TV go beyond More...