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Netflix and Amazon face censorship threat in India: Report

Netflix and Amazon face censorship threat in India: Report

NEW DELHI/MUMBAI: India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.

While film and TV certification bodies already moderate public content in India, the country's laws do not allow censorship of content on the increasingly popular online streaming platforms.

Sensex rises over 100 points; HDFC Bank, RIL lead gains

Sensex rises over 100 points; HDFC Bank, RIL lead gains

Equity benchmark BSE Sensex rose over 100 points in early trade on Friday amid led by gains in index heavyweights HDFC Bank and RIL amid sustained foreign fund inflow.

The 30-share index was trading 122.21 points, or 0.31 per cent, higher at 39,174.27 in morning trade. The broader NSE Nifty advance 32.30 points, or 0.28 per cent, to 11,618.65.

Reliance Industries hits 9 lakh crore mcap; Mukesh Ambani firm becomes first ever to cross landmark figure

Reliance Industries hits 9 lakh crore mcap; Mukesh Ambani firm becomes first ever to cross landmark figure

Shares of billionaire Mukesh Ambani-led Reliance Industries touched a fresh record high on Friday, propelling the firm’s market capitalisation to hit the crucial Rs 9 lakh crore mark. The rally in shares came ahead of the Q2 results scheduled to be reported today. Reliance Industries shares jumped by more than 2% to hit the day’s high at Rs 1,428. Reliance Industries market capitalisation has swollen to Rs 9.03 lakh crore, making it India’s most valuable firm by market capitalisation.

Kotak Mahindra AMC and Axis AMC move Bombay High Court against DHFL

Kotak Mahindra AMC and Axis AMC move Bombay High Court against DHFL

Kotak Mahindra Asset Management Company (AMC) and Axis Asset Management Company (AMC) on Thursday moved the Bombay High Court (HC) against beleaguered financier Dewan Housing Finance Corporation (DHFL). The move comes a week after the Bombay HC passed an ad-interim order restricting DHFL from making payments or disbursements to any secured or unsecured creditor till further orders.

Ring duration: Trai views within 2 weeks as Airtel, Jio, Vodafone Idea and BSNL fail to reach consensus

Ring duration: Trai views within 2 weeks as Airtel, Jio, Vodafone Idea and BSNL fail to reach consensus

The Telecom Regulatory Authority of India (Trai) is expected to give its views within two weeks over what should be the appropriate ring duration for mobile calls as operators have failed to arrive at a consensus on the thorny issue.

The authority was forced to intervene in the matter after Reliance Jio reduced the ringing time to 20 seconds from 45 seconds, which forced the incumbent operators to complain to Trai and even after several meetings, there was no unanimity on what should be the right duration.

NITI Aayog releases India Innovation Index 2019; Karnataka tops list

NITI Aayog releases India Innovation Index 2019; Karnataka tops list

Government think-tank NITI Aayog, along with the Institute of Competitiveness, on Thursday, released the India Innovation Index (III) 2019, the first of its kind. The list, which examines the innovation capabilities and performance of 29 states and seven union territories, lists Karnataka on top, followed by Tamil Nadu and Andhra Pradesh in the second and third positions.

TVS Motor Q2 net profit rises 21% to Rs 255 crore

TVS Motor Q2 net profit rises 21% to Rs 255 crore

Aided strongly by an one-time gain of Rs 76 crore coupled with a 7% increase in average price realisation (APR), TVS Motor Company has beaten market expectations by posting a 21% growth in its net profit for the quarter ended September 30, 2019 to Rs 255 crore, compared to Rs 211.31 crore in the same quarter last fiscal.

Pakistan F-16 jets escorted SpiceJet Boeing 737 aircraft in September

Pakistan F-16 jets escorted SpiceJet Boeing 737 aircraft in September

Pakistan Air Force F-16 planes escorted a Kabul-bound SpiceJet Boeing 737 aircraft in September in a case of mistaken identity. The incident took place amid heightened tensions between two neighbours.

Sources said Pakistan Air Force intercepted the SpiceJet plane operating a Delhi-Kabul flight following a mix-up over its identity. The plane was identified as an Indian Air Force aircraft and then escorted by the Pakistani jets till it exited its airspace. “It was an uneventful flight thereafter.

Air India Assets Holding raises another Rs 7,985 cr

Air India Assets Holding raises another Rs 7,985 cr

Raising funds for the third time in little over a month, Air India Assets Holding Ltd (AIAHL) on Thursday raised Rs 7,985 crore through bond sale, which was oversubscribed. A special purpose vehicle of Air India, AIAHL has mopped up a total of Rs 21,985 crore by way of bond issues since September 16 and the proceeds would be utilised to repay debt of the national carrier.

Microsoft CEO Satya Nadella earns nearly $43 million in 2018-19 fiscal; check details

Microsoft CEO Satya Nadella earns nearly $43 million in 2018-19 fiscal; check details

With Microsoft posting strong results, the company’s CEO Satya Nadella has got a 66 per cent raise in the 2018-19 fiscal, taking his total yearly earnings to a whopping USD 42.9 million, according to media reports on Thursday. While Nadella, 52, has a base salary of a little over USD 2.3 million, most of his pay came from stock awards, reported CNN Business. He received USD 29.6 million in stock award, USD 10,7 million in non-equity incentive plan compensation and around USD 111,000 in other compensation.

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