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  • Rahul Gandhi congratulates Ranil Wickremesinghe on his reinstatement as Lanka PM

    11 January, 2019 4:26 PM 116

    Congress President Rahul Gandhi has congratulated Sri Lankan Prime Minister Ranil Wickremesinghe on his return to office and said it is reassuring that the Constitution has prevailed in the country. Gandhi in his message to Wickremesinghe said that political crisis in Sri Lanka was a concern for India, which wish for political stability in the neighbouring

  • New life premium mop-up inches up 2.41% in December

    11 January, 2019 3:13 PM 42

    New business premium collection by the life insurance industry has grown 2.41 percent to Rs 1.41 trillion as of December, show the data released by the apex industry body. The industry collected Rs 1,41,584 crore as against Rs 1,38,253 crore last year, the Life Insurance Council said in a statement. The individual new business booked was Rs 63,356 crore

  • US to make major changes in H-1B visa programme to attract talented professionals: Donald Trump

    11 January, 2019 2:59 PM 49

    US President Donald Trump on January 11 assured H-1B visa holders, an overwhelming majority of whom are Indian IT professionals, that his administration will soon bring changes that will give them certainty to stay in America and a "potential path to citizenship". Trump on January 11 tweeted that his administration is planning an overhaul of US policies

  • Rajat Monga, foreign bank CEO in race to succeed Rana Kapoor at Yes Bank

    11 January, 2019 2:56 PM 97

    New Delhi: Yes Bank executive Rajat Monga and a CEO of a foreign bank have been shortlisted to succeed long-serving Managing Director and Chief Executive Officer Rana Kapoor at the bank, sources said Friday. Monga is the senior group president of financial markets at Yes Bank currently. "There are only two names that have been selected by the bank as final

  • Nissan ex-chief Carlos Ghosn faces new charges

    11 January, 2019 2:56 PM 37

    Tokyo: Ousted Nissan Motor Chairman Carlos Ghosn, who has been under arrest for alleged financial misconduct, was on Friday hit with new charges and was accused of misreporting his compensation through 2018 and abusing his position for personal gain. Tokyo prosecutors accused Ghosn of misreporting his compensation by tens of millions of dollars during

  • India's November Industrial Production at 19-month low of 0.5%

    11 January, 2019 2:56 PM 37

    The cumulative growth for the period April-November 2018 over the corresponding period of the previous year stands at 5.0 percent. New Delhi: India's industrial output slipped to 0.5 percent in November as compared to 8.1 percent in October mainly on the back of contraction in manufacturing sector, mining, capital goods and consumer durable goods

  • CES 2019: Massaging seats, gesture controls and other car tech from Kia unveiled

    11 January, 2019 12:14 PM 43

    A list of innovative technologies showcased by Kia at CES Real-time Emotion Adaptive Driving (R.E.A.D.) system is the world’s first AI-based analysis unit which scans the facial expressions of the driver to determine his emotional state. It then uses the information to tailor the interior environment of the cabin, to create a more pleasant driving

  • Infosys Q3 profit falls 12%; FY19 CC revenue growth forecast raised to 8.5-9%; buyback approved

    11 January, 2019 10:56 AM 42

    The revenue has been reported at Rs 21,400 crore, a rise of around 4 percent compared to the previous quarter of Rs 20,609 crore. IT major Infosys' reported 12 percent quarter on quarter (QoQ) decline in December quarter net profit to Rs 3,609 from Rs 4,110 crore last quarter. The revenue was at Rs 21,400 crore, up around 4 percent over the previous

  • Special status for Andhra Pradesh if voted to power: Rahul Gandhi tells workers in Dubai

    11 January, 2019 9:35 AM 91

    Congress President Rahul Gandhi said on Friday that his party will grant special category status to Andhra Pradesh if voted to power in the upcoming general elections. Gandhi, who is in the UAE on a two-day visit, addressed a gathering of Indian workers at the Labour Colony in Dubai. "As soon as our government comes to power, we will give special status

  • CBI vs CBI: Delhi HC refuses to quash FIR against Special Director Rakesh Asthana

    11 January, 2019 9:33 AM 38

    The Delhi High Court on Friday refused to quash the FIR lodged against CBI Special Director Rakesh Asthana on bribery allegations. Justice Najmi Waziri also refused to quash the FIR lodged against CBI Deputy Superintendent Devender Kumar and alleged middleman Manoj Prasad. The high court's verdict came on petitions by Asthana, Kumar and Prasad challenging