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Reliance announces Jiomart to take on the online grocery shopping business

Reliance announces Jiomart to take on the online grocery shopping business

Well, the website of JioMart with the tagline India ki nayi dukaan is a a new grocery shopping experience from Reliance Industries Limited, the country's most valued firm.

This in turn is expected to take on online grocery specialists- Bigbasket and Grofers, as well as global e-commerce giants Amazon and Walmart.

Huawei gets govt's approval to participate in 5G trials in the country

Huawei gets govt's approval to participate in 5G trials in the country

The wait may be finally over for Chinese telecom gear maker Huawei as the government has allowed all equipment manufacturers to conduct 5G trials in the country, without making any distinction.

We have taken a decision to give 5G spectrum for trials to all players, Telecom Minister Ravi Shankar Prasad said on Monday. 5G is future, it is speed. We will encourage new innovation in 5G.

Navy bans social media, smartphones within naval areas to curb cyber snooping

Navy bans social media, smartphones within naval areas to curb cyber snooping

In an attempt to beef up surveillance and curb cyber snooping, the Indian Navy has issued orders to ban the use of social networking platforms by its personnel, including Facebook, Instagram and WhatsApp within naval areas.

Along with the apps, the use of smartphones has also been disallowed onboard ships and naval airbases.

No decision on passenger and freight fare hike, says Railway Board

No decision on passenger and freight fare hike, says Railway Board

Railway Board Chairman Vinod Kumar Yadav has said no decision has been taken to increase passenger and freight fares.

On Thursday, Yadav had said the railways was in the process of “rationalising” its passengers and freight fares.

Home loan EMIs to reduce as SBI cuts external benchmark rate by 25 bps

Home loan EMIs to reduce as SBI cuts external benchmark rate by 25 bps

The country's largest lender State Bank of India (SBI) on Monday announced reduction in its external benchmark-based rate by 25 basis points to 7.80 per cent from 8.05 per cent.

The new rates will be applicable from January 1, 2020, the bank said in a statement.

Slowdown hits sales of cars, biscuits in 2019, but not smartphones

Slowdown hits sales of cars, biscuits in 2019, but not smartphones

The economic slowdown may have clipped sales of cars and biscuits in 2019, but smartphones bucked the trend as urban and rural users continued to buy, and even upgrade to, expensive handsets - a trend likely to pick up pace in the coming year.

The growth in smartphone adoption was further fuelled by the government's push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India.

Yogi Adityanath doing injustice to Muslims to save chair: Akhilesh Yadav

Yogi Adityanath doing injustice to Muslims to save chair: Akhilesh Yadav

Samajwadi Party president Akhilesh Yadav on Sunday accused Uttar Pradesh Chief Minister Yogi Adityanath of trying to save his chair by doing “injustice” to Muslims in the garb of action taken against people protesting the contentious citizenship law and the NRC. A number of Bharatiya Janata Party legislators had staged a sit-in during the recent assembly session after a ruling party lawmaker accused the present regime of harassing him.

Multiplex operators' shares in focus; PVR, Inox Leisure hit record highs

Multiplex operators' shares in focus; PVR, Inox Leisure hit record highs

Shares of cinema theatre operators were in focus on Monnday with PVR (Rs 1,925) and Inox Leisure (Rs 399) hitting their respective all-time highs on expectation of strong earnings growth in October-December quarter (Q3FY20).

Shares of Inox Leisure rallied 6 per cent to Rs 399 after the company said it has commenced the commercial operations of four additional screens (with seating capacity of 378 seats) in the-existing multiplex cinema theatre in Indore.

Navy plans to build 24 submarines, 6 of them nuclear powered: Report

Navy plans to build 24 submarines, 6 of them nuclear powered: Report

To strengthen its underwater fleet, the Indian Navy plans to build 24 submarines, including six nuclear attack submarines, a parliamentary panel was told.

The Navy also told the panel that Medium Refit Life Certification (MRLC) of submarine Sindhuraj has been held up since the Russian side has not been able to submit bank guarantees and integrity pact due to sanctions imposed by the US.

Maharashtra Cabinet expansion: Ajit Pawar may be Deputy CM as 36 ministers likely to take oath today

Maharashtra Cabinet expansion: Ajit Pawar may be Deputy CM as 36 ministers likely to take oath today

A month after the NCP-Congress-Shiv Sena coalition formed government in Maharashtra, Chief Minister Uddhav Thackeray's cabinet expansion is set to take place on Monday. A total of 36 ministers, including Cabinet Minister and Minister of State ranks, are expected to take oath today. Maharashtra Governor Bhagat Singh Koshyari will administer the oath to the new ministers at 1 PM in the Maharashtra Legislature precinct.

The development was confirmed by Maharashtra Minister and Congress leader Balasaheb Thorat who said that 12 ministers from his party will take oath on Monday. He added that out of 12, 10 will take oath as cabinet ministers.

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