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17 November, 2017 10:25 AM Reliance General inks bancassurance agreement with YES Bank

With its large network across India, YES Bank will enable Reliance General Insurance to reach a large base of retail and MSME clients. Reliance General Insurance Company Limited (RGI), a subsidiary of Reliance Capital, has signed a comprehensive Bancassurance - Corporate Agency agreement with YES Bank with the objective to distribute multiple general 29

16 November, 2017 7:20 PM Sweet news for white ration cardholders

State to resume supply of sugar from January 2018; price is yet to be fixed After a gap of six months, the State government has decided to resume sale of sugar under the PDS to all white ration cardholders from January. The government, however, is yet to take a decision on its price as the Central government has stopped subsidy on the commodity from March 23

16 November, 2017 2:38 PM Airtel to pay compensation for not activating fancy number

Consumer forum orders payment of ₹25,000 to complainant Madurai District Consumer Disputes Redressal Forum has directed mobile phone operator Airtel to pay a compensation of ₹25,000 to a complainant for not activating a SIM card, for which he had paid ₹5,300 to get a fancy number. Forum president V. Balasundarakumar, and members C. Packialakshmi and M. Marikamalai 28

16 November, 2017 5:10 AM Tesla Says It Will Fight Lawsuit Claiming Racial Discrimination

Tesla said on Wednesday it would fight a class-action lawsuit filed against it earlier this week claiming the electric automaker's California production plant was a "hotbed for racist behavior." The lawsuit, filed on Monday by former Tesla worker Marcus Vaughn on behalf of a group of black workers at the plant, claimed that they were addressed using 64

15 November, 2017 9:55 PM Ponzi Firm Chief Pradeep Sethy Jailed For 5 Years In Chit Fund Case

Sambalpur, Odisha: A court in Sambalpur sentenced ponzi firm Artha Tatwa Group chief Pradeep Sethy to five years' imprisonment in a case related to the chit fund scam. Chief Judicial Magistrate Manas Kumar Panda also sentenced Sethy to three years' imprisonment under two sections of the Prize Chits and Money Circulation (Banning) Act. The court also directed 37

15 November, 2017 10:23 AM Zomato Gold Premium Subscription Comes to India, Offers Complimentary Meals and Drinks

Hoping to boost engagement from Indian foodies, Zomato has launched its premium, subscription-based programme called Zomato Gold in the country. The initiative is aimed to provide customers with complimentary meals and drinks from over 1,200 curated restaurants and bars. The Gurugram-headquartered company had first launched Zomato Gold in Portugal and UAE in early 33

14 November, 2017 4:48 PM Soldier, LeT militant killed in Kulgam

In Tral, ultras give the Army the slip A Lashkar-e-Taiba (LeT) militant and a soldier were killed in a fierce gunfight at Kulgam in south Kashmir on Tuesday, as another batch of militants managed to the give the Army the slip after being trapped in Pulwama. A police official said a heavy exchange of fire erupted between the hiding militants and the security 49

14 November, 2017 1:28 PM Export drops 1.12% to $23bn in October; trade deficit balloons

Export declined by 1.12% to $23 billion in October, retreating from a six-month high growth in September as shipments of textiles, pharmaceuticals, leather and gems and jewellery fell, official data showed. Imports, however, grew by 7.6% to $37.11 billion in October from $34.5 billion in the year-ago month, the commerce ministry data released today showed 24

14 November, 2017 9:37 AM India services export flat at $14 bn in September, import grows

Mumbai: Services export of India remained flat at USD 13.73 billion in September year-on-year while import slightly picked up to USD 8.45 billion, showed RBI data. In September 2016, India had exported services worth USD 13.77 billion. The import grew 1.7 percent from USD 8.30 billion last year. In August 2017, the services export was USD 13.7 billion 50

14 November, 2017 7:00 AM Tesla Hit by Class-Action Lawsuit Claiming Racial Discrimination

US automaker Tesla Inc on Monday was hit with a class-action lawsuit claiming its California production plant is a "hotbed for racist behaviour." The lawsuit filed in California state court in Oakland is at least the third filed this year by black workers who say they were addressed using racial slurs and that the company ignored their complaints 25