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TRAI to ask Bharti Airtel to furnish details of segmented offers in ‘stipulated format’

TRAI to ask Bharti Airtel to furnish details of segmented offers in ‘stipulated format’

Regulator TRAI plans to ask telecom operator Bharti Airtel to cough up additional details on segmented or concessional offerings it made to customers and will insist that information furnished adheres to its ’prescribed format’, a source said.

The Telecom Regulatory Authority of India (TRAI) had last month asked operators to submit information on concessional offers dished out between April 2018 and March 2019, and while Bharti Airtel has shared some details, Vodafone Idea sought two more weeks to submit the same.

Tata Motors sales dip 20% to 42,577 units in April

Tata Motors sales dip 20% to 42,577 units in April

Tata Motors on Thursday reported a 20 per cent decline in total sales during April at 42,577 units as compared with 53,511 units in the same month last year.

The company’s passenger vehicle sales in the domestic market declined by 26 per cent to 12,694 units last month as compared with 17,235 units in April 2018.

Sensex rises over 100 pts in early trade

Sensex rises over 100 pts in early trade

Mumbai: The benchmark BSE Sensex rose over 100 points on Friday led by gains in banking and auto stocks amid sustained foreign fund inflow and easing crude prices.

The 30-share index was trading 107.81 points, or 0.28 per cent, higher at 39,089.24. Similarly, the NSE Nifty up 22.45 points, or 0.91 per cent, at 11,747.20.

Sebi finds serious misuse of NSE data

Sebi finds serious misuse of NSE data

Mumbai: Sebi’s investigation into the NSE co-location scam has found that there was serious misuse of confidential and price sensitive data provided by the NSE to Ajay Shah for creating the Liquidity Index (LIX).

Sebi has held that Shah—a senior academic with the government think-tank National Institute of Public Finance and Policy —along with his sister-in-law and an NSE official,

Interact with media only after prior approval of CMD: Air India tells staff

Interact with media only after prior approval of CMD: Air India tells staff

Mumbai: Air India has cautioned its employees of "appropriate action" if they interact with the media without prior authorisation in writing from the airline chief, according to a communication.

In the communication dated April 30, the airline said there have been instances where employees have interacted with the media or posted videos in uniform in Air India aircraft,

Wipro seeks shareholders' nod for ₹10,500 crore share buyback plan

Wipro seeks shareholders' nod for ₹10,500 crore share buyback plan

IT services major Wipro Thursday sought shareholders' nod for its up to ₹10,500 crore share buyback offer.

The company also sought shareholders' approval for the appointment former SBI chairperson Arundhati Bhattacharya as an independent director on its board.

Cyclone Fani: Odisha evacuates over 11 lakh

Cyclone Fani: Odisha evacuates over 11 lakh

With the extremely severe cyclonic storm Fani expected to cross the Odisha coast between Gopalpur and Chandbali, south of Puri town, on Friday morning, the State government on Thursday evacuated over 11 lakh people from low-lying areas in 15 districts.

War on fakes: Govt may verify WhatsApp, Twitter, Facebook accounts using mobile numbers

War on fakes: Govt may verify WhatsApp, Twitter, Facebook accounts using mobile numbers

The ministry of electronics and IT (MeitY) is exploring the option of verifying users’ profile on social media platforms such as Facebook,

WhatsApp and Twitter through their mobile numbers, which it feels could help check fake accounts that indulge in anti-social activities like spreading dubious information and propaganda.

DLF transfers Mall of India property in Noida to its subsidiary for 2,950 crore

DLF transfers Mall of India property in Noida to its subsidiary for 2,950 crore

Realty major DLF said it has transferred shopping mall in Noida, Uttar Pradesh, to its subsidiary firm for Rs 2,950 crore, as part of efforts to settle dues of its joint venture firm with GIC.

DLF has to pay Rs 8,700 crore to the DLF Cyber City Developers Ltd (DCCDL), which is a joint venture firm of DLF and Singapore’s sovereign wealth fund GIC. It wants to settle these dues by September this year through transfer of rental assets and land parcels.

RBI approves tenure extension of Yes Bank's part-time chairman Brahm Dutt till January 2022

RBI approves tenure extension of Yes Bank's part-time chairman Brahm Dutt till January 2022

The RBI has approved extension of tenure of Yes Bank's part-time chairman Brahm Dutt till January 10, 2022, the private sector lender said Thursday.

The tenure of Dutt, whose appointment was approved in January this year by the RBI, was till July 4, 2020.

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