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Mukesh Ambani raises stake in Reliance Industries to 48.87 per cent

Mukesh Ambani raises stake in Reliance Industries to 48.87 per cent

Billionaire Mukesh Ambani has raised promoter stake in flagship Reliance Industries by 2.71 per cent to 48.87 per cent, according to regulatory filing by the company.

Reliance Services and Holdings Ltd, controlled by promoter group firm Petroleum Trust, acquired 17.18 crore or 2.71 per cent stake in Reliance on September 13, it said.

How long should a call ring on your mobile: TRAI seeks views

How long should a call ring on your mobile: TRAI seeks views

Telecom regulator TRAI has sought views from the public on how long a call should ring one's mobile. It wants to assess the impact of ring duration on the quality of service experience and network performances.

The Telecom Regulatory Authority of India released a consultation paper – Duration of alert for the called party – asking for inputs on appropriate measures to be taken in this regard.

More than 11 lakh railway employees to get 78 days wage as bonus, approves Cabinet

More than 11 lakh railway employees to get 78 days wage as bonus, approves Cabinet

In a big decision approved by the union cabinet, more than 11 lakh railways employees will get 78 days wage as bonus.

Union Minister for Information and Broadcasting, Prakash Javadekar announced the government's decision.

Amazon sets up its third-largest India warehouse in Bhiwandi

Amazon sets up its third-largest India warehouse in Bhiwandi

E-marketplace operator Amazon India has added one more fulfilment centre (FC) taking the total to seven such facilities in the extended suburbs of Thane, Mumbai. Located in the Bhiwandi warehousing hub, the new unit spread across 2.7 lakh square feet (1.5 million cubic feet storage space)

Govt bans e-cigarettes, offenders to face one-year jail term for first violation

Govt bans e-cigarettes, offenders to face one-year jail term for first violation

The cabinet on Wednesday banned production and import of electronic cigarettes (e-cigarettes), a step taken in the interest of public health.

Finance Minister Nirmala Sitharaman in a media briefing said that an ordinance will be passed to ban the products, which the government believes will advance tobacco control efforts in the country

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

The Securities and Exchange Board of India (Sebi) on Tuesday debarred Gautam Thapar, the ousted chairman of fraud-hit CG Power and Industrial Solutions, from accessing the capital market for a number of alleged irregularities, including diversion of money.

GST Council unlikely to back tax cuts for automobile sector: Reports

GST Council unlikely to back tax cuts for automobile sector: Reports

The goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as Rs 50,000 crore ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%.

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC recruitment 2019: The Life Insurance Corporation (LIC) of India has released the recruitment notification for 8,000 posts of LIC assistants on its official website licindia.in. LIC has invited onlineThe selection process will be based on two computer-based tests (CBT) after which they will undergo a pre-recruitment medical examination. Candidates should apply for one LIC division only as multiple applications can be rejected.

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

An unmanned aerial vehicle (UAV) belonging to the Defence Research and Development Organisation crashed during a trial in an agriculture field in Chitradurga district on Tuesday, a video of which has gone viral.

However, no casualties were reported.

Not a good idea to break up biggest US tech companies, says Bill Gates

Not a good idea to break up biggest US tech companies, says Bill Gates

Bill Gates, who knows a thing or two about antitrust investigations, doesn’t think it’s a good idea to break up the biggest U.S. tech companies as some politicians have suggested.

The Microsoft Corp. co-founder and former chief executive officer battled the Justice Department for years in the late 1990s in a bruising antitrust case. At issue was the software giant’s bundling of its Internet Explorer browser to Windows as a way to maintain its dominance in PC operating systems. Ultimately Microsoft remained intact.

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