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Department of Telecom likely to start tracking system for lost mobiles next month

Department of Telecom likely to start tracking system for lost mobiles next month

The government will launch a technology solution next month to enable detection of lost or stolen mobile phones that are operating in the country, an official said.

The tracking system would make the detection of stolen mobile phones possible even if the SIM card is removed or unique code IMEI number is changed, the official revealed.

Sensex tanks over 400 points on global selloff

Sensex tanks over 400 points on global selloff

Domestic equity benchmark BSE Sensex cracked over 400 points in early trade Monday dragged by losses in HDFC twins, L&T and RIL stocks, amid heavy selloff in global equities.

The 30-share index was trading 405.67 points, or 1.03%, lower at 39,107.72 at 0930 hours. Similarly, the broader Nifty sank 128 points, or 1.08%, to 11,683.15.

NCLAT Mumbai asked to pass order on insolvency against Videocon group companies in 3 weeks

NCLAT Mumbai asked to pass order on insolvency against Videocon group companies in 3 weeks

The National Company Law Appellate Tribunal (NCLAT) has directed the Mumbai bench of the NCLT to pass an order over the insolvency plea against 15 Videocon group companies within the next three weeks.

The NCLAT said that taking into consideration the nature of the matter, the National Company Law Tribunal (NCLT) Mumbai should pass an order within three weeks over the insolvency plea filed by banks.

Agra: At least 29 dead after UP Roadways bus falls into drain on Yamuna Expressway

Agra: At least 29 dead after UP Roadways bus falls into drain on Yamuna Expressway

At least 29 people lost their lives and several others were injured after a UP Roadways bus heading towards New Delhi from Lucknow fell into a drain on Yamuna Expressway in Agra on Monday morning.

The double-decker bus, that belonged to Awadh Depot, was carrying as many as 50 passengers on board, according to initial reports. Overcrowding is primarily being presumed to be the cause of the accident.

Govt likely to set October deadline for cash-strapped Air India sale

Govt likely to set October deadline for cash-strapped Air India sale

The build-up to Air India privatisation has taken off in full swing with the Union Budget announcing it as the centrepiece of divestment this year. The government is targeting October as the deadline for announcing the deal.

Not leaving anything to chance after a failed attempt earlier, the government has shortlisted the potential bidders, with the Tata group on top for its interest in aviation.

Amazon is turning 25 - here's a look back at how it changed the world

Amazon is turning 25 - here's a look back at how it changed the world

A quarter of a century ago, on July 5, 1994, a company, which shared a name with the world’s largest river, was incorporated. It sold books to customers who got to its website through a dial-up modem.

It wasn’t the first bookstore to sell online. (Books.com launched in 1992.) But it behaved like a local store, whose shopkeeper knew customers by name – a bell even rang in the company’s Seattle headquarters every time an order was placed.

Tata Motors to lead transition towards electric mobility: N Chandrasekaran

Tata Motors to lead transition towards electric mobility: N Chandrasekaran

Tata Motors is committed to leading the transition towards electric mobility in the country and it looks to closely work with other group entities to create a viable environment for green vehicles, group chairman N Chandrasekaran said. Chandrasekaran in the Tata Motors’ Annual Report for 2018-19 said that electric vehicles are necessary for India.

Petrol price hiked by Rs 2.45, diesel by Rs 2.36 following tax hike in Budget

Petrol price hiked by Rs 2.45, diesel by Rs 2.36 following tax hike in Budget

Petrol price was Saturday hiked by a minimum Rs 2.40 per litre and diesel by Rs 2.36 after Finance Minister Nirmala Sitharaman raised taxes on the fuels to part-fund her Budget for 2019-20. Petrol price in Delhi was increased by Rs 2.45 per litre to Rs 72.96 while the increase in Mumbai was Rs 2.42 to Rs 78.57, according to a price notification issued by state-owned Indian Oil Corp (IOC).

BSNL gets government nod to provide special pre-loaded SIMs for Amarnath pilgrims

BSNL gets government nod to provide special pre-loaded SIMs for Amarnath pilgrims

State-owned telecom firm BSNL has received approval of the home ministry and the Department of Telecommunications to provide special SIM to Amarnath pilgrims.

"Since prepaid connections of other states are not allowed to work in Jammu and Kashmir, special pre-loaded Yatra SIMs are being provided by BSNL with the approval of the Ministry of Home Affairs and the DoT," BSNL said in a statement.

Forex reserves hit new high of $427.67 billion

Forex reserves hit new high of $427.67 billion

India's foreign exchange reserves swelled by USD 1.262 billion to scale a fresh high of USD 427.678 billion in the week to June 28, boosted by higher foreign portfolio investments and a stable rupee, RBI data showed Friday.

In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.

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