Mobile subscribers bast is at 949.74 mn: COAI

Chennai: COAI (Cellular Operators Association of India), the apex industry association representing the Indian Telecom sector, released the latest telecom subscriber numbers, for the month ending July 2017. A press note said that as per the data, India’s private telecom service providers have a total of 949.74 million subscribers, including those of Reliance Jio at the end of March 2017. Amongst the individual companies, Bharti Airtel Ltd continues to hold

RBI ready to issue Rs 200 currency notes

New Delhi: The Reserve Bank of India is all set to unveil new Rs 200 notes, almost 10 months after demonetisation. The decision to introduce Rs 200 notes was taken by RBI in consultation with the Finance Ministry in March and the printing order had reportedly been placed early July. This exercise of printing Rs 200 notes is being undertaken to further improve the currency situation in the country after

Chinese UC browser under scanner for data leak

New Delhi: Alibaba’s UC browser has come under the government’s scanner for alleged leak of mobile data of its Indian users and may be banned in the country if found guilty, a senior IT ministry official has said. “There have been complaints against UC browser that it sends mobile data of its users in India to a server in China. There are complaints that even if a user has uninstalled

Pak using India as excuse to support terror groups: US

Washington: Pakistan is using a perceived threat of encirclement by India as an “excuse” to continue its support to terrorists, a Trump administration official has said, dismissing concerns over Indian development activities in the war-torn country. “What India is doing in Afghanistan is not a threat to Pakistan. They’re not building military bases. They’re not deploying troops,” National Security Council (NSC) spokesman Michael Anton said yesterday. This is an “excuse”

Tata group launches report on its sustainability

Mumbai: The Tata group has announced the launch of ‘We Dream of a Better World’, listing 65 case studies from the Group companies across geographies, and of the Tata Trusts’ philanthropy efforts in the country. The report maps out the Group’s contribution in business, Corporate Social Responsibility (CSR) and philanthropy, and are aligned with the 17 Sustainable Development Goals (SDGs), identified in September 2015 and subsequently agreed on and committed to

'Infy board blaming Murthy to hide own failures'

Bengaluru: Former Infosys CFO V Balakrishnan yesterday said the board of the IT major is blaming co-founder N R Narayana Murthy over Vishal Sikka’s exit as CEO “just to hide its own failures. He also contested the claim that the halo around Murthy is disappearing. It is a wishful thinking if some people think it (halo) is disappearing,” he told PTI in an interview here. Murthy has done a great service

Demonetised currencies seized, one arrested in Kerala

Malappuram: Demonetised currencies of Rs 1000 denomination with the face value of Rs 1 crore have been seized near Perinthalmanna in the district and one person arrested in connection with it, said police. Following a tip-off, police intercepted two cars yesterday seized the currencies and arrested Shamir, police said. Shamir was produced before a court in Perinthalmanna yesterday and remanded to 14 days judicial custody, they said.

Pondy medical colleges to charge Rs 3.5 lakh as fees

Chennai: The Madras High Court directed the medical colleges in Puducherry to accept Rs 3.5 lakh fixed by the fee fixation committee in March last year and admit students to the MBBS courses. A division bench, comprising Justice Rajiv Shakdher and Justice Abdul Quddhose, gave the direction while considering appeals filed by N Lakshna Shree and two others challenging an order of a single judge. Justice T S Sivagnanam had

Infosys interim CEO asks staff to stay focused

Bengaluru: Amid the uncertainty surrounding IT major Infosys following the sudden resignation of Vishal Sikka, Interim CEO and MD U B Pravin Rao has assured the employees that the company will “stay the course”. In an e-mail to the staffers, Rao acknowledged that the road ahead will not always be easy, but asked them to stay focused. “This won’t always be easy in the days ahead. Not with the intense

Triple talaq case: Chronology of events

New Delhi: The Supreme Court by a majority verdict today declared that triple talaq was void, illegal and unconstitutional. Following is the chronology of events: * 16 Oct, 2015: SC bench asks Chief Justice of India to set up an appropriate bench to examine if Muslim women face gender discrimination in divorce cases while dealing with a case of Hindu succession. *5 Feb, 2016: SC asks then Attorney General Mukul

Infosys out of 10 most valued cos on NSE

New Delhi: Infosys moved out of the list of ten most valued companies on the NSE as state-owned Indian Oil Corporation nudged past it. However, Infosys whose shares have taken a beating since the abrupt exit of its CEO Vishal Sikka on 18 August managed to remain among the top ten companies by market capitalisation on the BSE. Infosys‘ market valuation touched Rs. 2,00,617 crore, while that of Indian Oil