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16 January, 2018 2:20 PM What Is Haj Subsidy? Why Is It Scrapped? All You Need To Know

New Delhi: For thousands of Muslims who go on Haj pilgrimage each year, the government withdrew the Haj subsidy today. In Haj subsidy, the government use to give discounts on Air India flight tickets to Haj pilgrims. Apart from the discounted air fare, the Haj pilgrims were also provided assistance to reach specially designed Haj departure airport terminals 13

16 January, 2018 10:46 AM No subsidy on Haj from this year, confirms Modi government

Muslim pilgrims will no longer be given subsidy for Haj from 2018. Minority Affairs Minister Mukhtar Abbas Naqvi said that the "Subsidy on Haj is over from this year. NEW DELHI: Muslim pilgrims will no longer be given subsidy for Haj from 2018. Minority Affairs Minister Mukhtar Abbas Naqvi said that the "Subsidy on Haj is over from this year. The minister 22

16 January, 2018 9:29 AM Volkswagen Group evaluating fresh investments for new models in India

German auto major Volkswagen Group is evaluating various options for the Indian market, including fresh investments for a completely new product range in the country, according to a company official. The Volkswagen (VW) group has various brands including — Audi, Volkswagen and Skoda — in the Indian market. On a standalone basis, VW also sells a range 21

15 January, 2018 1:54 PM Barbeque-Nation gets SEBI's nod for IPO

Casual dining chain Barbeque- Nation Hospitality has received markets regulator SEBI's approval to raise an estimated Rs 700 crore through initial public offering (IPO). The company had filed its draft papers with SEBI in August last year and obtained "observations" from the regulator on January 5, 2018, the latest update with markets watchdog showed 24

15 January, 2018 10:50 AM Samsung planning to launch online exclusive phones, wants to end Xiaomi's dominance

Samsung will soon launch a series of mobile phone which will be sold exclusively on online platforms. The move is aimed at Chinese device manufacturer Xiaomi, which has about 50 percent market share of all the mobile phones sold online, reports The Economic Times. Senior industry executives who spoke to the paper said that Samsung will be launching phones 35

15 January, 2018 8:32 AM DIPP Arm Launches Competition For College Students

New Delhi: Cell for IPR Promotion and Management (CIPAM), under the department of industrial policy and promotion, has launched a competition for college and university students to foster a culture of innovation and creativity in the youth. The competition - IPrism - invites students to submit films on piracy and counterfeiting under two categories of 30 and 60 seconds 48

15 January, 2018 8:15 AM HDFC Shares Surge Over 6% As Board Approves Fundraising Plan

This will be the first equity raising by HDFC, the country's largest pure-play mortgage lender, in over a decade. Shares of HDFC Ltd today surged over six per cent to its 52-week high level after the company said it plans to raise up to Rs 13,000 crore via QIP and preference shares. On January 13, HDFC said its board has approved raising up to Rs 13,000 crore 35

14 January, 2018 5:50 PM Indian-Origin Man From UK Defrauded Of Rs 2 Lakh Over Visa Extension

Mumbai: A UK citizen of Indian origin was allegedly duped of Rs 2 lakh by a woman who claimed that she would extend the victim's visa. Police said that Jaspal Bansal had come to India in July on a personal visit and wanted to extend her visa by a month. "During her stay at a hotel in Andheri, Bansal came in contact with the accused woman who promised 32

13 January, 2018 6:05 AM HDFC finalises plan to raise Rs 13,200 crore via QIP and preferential issue

HDFC board has approved to raise Rs 11,301 crore by issuing 6.43 crore shares at Rs 1,726.05 per share to investors. Housing Development Finance Corporation or HDFC's committee of directors in a meeting held on Saturday approved to the "issuance of 6,43,29,882 equity shares if Rs 2 each of the Corporation on a preferential basis", HDFC said in a release 31

13 January, 2018 4:24 AM Reliance Alternative Invst Fund sells 8.5 lakh shares of Butterfly Gandhimathi Appliances

Standard Chartered Mutual Fund bought 3,00,000 shares of Butterfly Gandhimathi Appliances at Rs 579.99. On January 12, 2018 IDFC Mutual Fund bought 1,00,000 shares of Butterfly Gandhimathi Appliances at Rs 580 on the NSE. Also, Kacholia Ashish bought 1,52,404 shares at Rs 580 and Standard Chartered Mutual Fund bought 3,00,000 shares at Rs 579.99. However 25