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23 September, 2017 3:03 AM Facebook nixes plan to create non-voting stock ahead of court fight

CEO Mark Zuckerberg intended to create a new class of stock that would have let him keep tight reins on the social media company even as he sold down his stake to fund his philanthropy. Mark Zuckerberg said on Friday that Facebook is withdrawing plans to create a new class of stock that would have let him keep tight reins on the social media company 24

22 September, 2017 10:07 AM Closing Bell: Sensex ends nearly 450 pts lower, Nifty breaches 10,000; midcaps tank

3:30 pm Market at Close: Equity benchmark indices witnessed a carnage on Friday, with the Sensex ending nearly 450 points lower, while the Nifty breached 10,000-mark, falling over 150 points. The Sensex closed down 447.60 points at 31922.44, while the Nifty ended lower by 157.50 points at 9964.40. The market breadth was negative as 524 shares advanced 24

21 September, 2017 5:29 PM ‘13.76 lakh GST returns filed for Aug.’

More than 13.76 lakh taxpayers filed their returns for August on the Goods and Services Tax portal, according to the GST Network. The last date for filing was September 20. A total of 46.4 lakh taxpayers filed their GSTR-3B forms for July, representing about 78% of all taxpayers registered on the GST Portal and eligible to file GSTR-3B, the GSTN added 19

20 September, 2017 4:55 PM BCCI secretary seeks audit in president’s Delhi office

It appears that not all in the Board of Control for Cricket in India (BCCI) are convinced about the acting-president C.K. Khanna establisning an office in New Delhi. On Monday, the BCCI CFO’s office, based at the Cricket Centre here, sent a mail to acting-secretary Amitabh Choudhary seeking his approval for Khanna’s office expenses for the June, July and August 14

20 September, 2017 8:17 AM Ryan School Owners Fail To Get Protection From Arrest In Student Murder Case

Chandigarh: The owners of Ryan International School, where a seven-year-old boy was murdered earlier this month, failed to get protection from arrest today as the Punjab and Haryana High Court issued notice to Haryana on their request for bail and posted the case to Monday. Ryan Pinto, the CEO of Ryan International, and his parents Augustine and Grace 32

20 September, 2017 5:29 AM Ryan school owners face arrest, Punjab and Haryana High Court rejects bail petition

The owners of the Ryan International School chain now face arrest after the Punjab and Haryana High Court today rejected their anticipatory bail petitions and refused any stay on their arrests. Justice Inderjit Singh, while hearing the anticipatory bail petition of Ryan Augustine Pinto, Rayan Augustine Francis Pinto, and Grace Pinto, issued a notice 27

20 September, 2017 3:20 AM Mobile bills to go down as Trai cuts call termination charges to 6 p/min

Indian telecom regulator TRAI on Tuesday came out with a regulation cutting call termination charges from mobile to mobile by over half to 6 paise per minute effective from October 1. The measure drew stiff opposition from a majority of telecom operators who plan to seek legal redressal. The sector regulator also plans to phase out Interconnection Usage 44

20 September, 2017 2:53 AM Online festive battle begins with Flipkart aiming for 70-30 lead over Amazon

Apart from usual suspects - Flipkart and Amazon India - Paytm Mall, Snapdeal and ShopClues will also enter the battleground this year. It is advantage customer, as India's biggest online retailers vie with each other to offer the largest spread of goods, the most exclusive offers, deep discounts and cashbacks aimed at snagging the winner's trophy at the e-commerce 47

19 September, 2017 8:42 PM Advantage Jio: Trai cuts IUC to 6 paise per minute from October 1

Charges to be zero in two years; incumbents set to move court However, the reduction is likely to hit the profitability and revenues of the incumbents further. Analysts at HSBC said in a recent note that a significantly lower IUC would be a boost for Jio and there may be some more pricing disruption after downward revision of IUC rates. Jio has, since 61

19 September, 2017 10:23 AM Intolerance, unemployment key issues facing India: Rahul Gandhi

The Congress vice-president expressed concern over the inability of the government to create jobs in India, which he felt was leading the country towards a dangerous situation. Congress vice-president Rahul Gandhi has said that intolerance and unemployment are the key issues that pose a serious challenge to India’s national security and development 28