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18 girls under NTPC’s ‘Super 30 Girls’ programme crack IITJEE mains

18 girls under NTPC’s ‘Super 30 Girls’ programme crack IITJEE mains

Enrolled under NTPC’s ‘Super 30 girls’ programme, a Corporate Social Responsibility (CSR) initiative introduced by India’s largest power generating company, 18 girls, out of 25, have successfully qualified for the IIT JEE mains.

The year-long residential program, implemented with an objective to coach students belonging to economically weaker families, brought these aspirants a step closer to fulfilling their dream of studying in some of India’s premier institutes.

Bankruptcy blues for Reliance Communications

Bankruptcy blues for Reliance Communications

The lenders to Reliance Communications (R-Com) on Tuesday moved the National Company Law Tribunal (NCLT) seeking to appoint a new resolution professional and form a committee of creditors, the first step to start the bankruptcy process against the Anil Ambani group company that owes close to Rs 50,000 crore to 31 lenders, led by the State Bank of India.

Sebi still lacks institutional mechanism to tackle external investigations

Sebi still lacks institutional mechanism to tackle external investigations

Mumbai: Even after entering his third and final year as the chairman of Securities and Exchange Board of India (Sebi), Ajay Tyagi is yet to implement an institutional mechanism for handle investigations and queries by external agencies such Central Bureau of Investigation (CBI), income tax.

Irdai asks insurers to settle claims fast in cyclone Fani affected areas

Irdai asks insurers to settle claims fast in cyclone Fani affected areas

NEW DELHI: Insurance sector regulator Irdai Tuesday directed insurers to take steps for ensuring registration of all claims and quick settlement of eligible cases in cyclone-hit areas of Odisha and neighbouring states.

Cyclone Fani has resulted in immense loss to property and to some extent lives in Odisha and the neighbouring states.

After merger, Bank of Baroda looks at changing work culture of Dena, Vijaya

After merger, Bank of Baroda looks at changing work culture of Dena, Vijaya

MUMBAI: As Bank of Baroda (BoB) starts aligning the businesses of erstwhile Dena Bank and Vijaya Bank with itself following the merger, it is also looking to instil a new work culture and make its management more accessible to employees.

Two senior employees from erstwhile Dena Bank and Vijaya Bank said on condition of anonymity that the BoB management has assured them that they will not be discriminated against by existing employees.

Bitcoins worth $40 million stolen from Binance Exchange

Bitcoins worth $40 million stolen from Binance Exchange

Hong Kong: Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoin via a single transaction in a “large scale security breach," the latest in a long line of thefts in the digital currency space.

The hackers used a “variety of techniques" including phishing and viruses to obtain a large amount of user data, Binance said in a post on its website.

TCS set to become world’s third-largest IT services company

TCS set to become world’s third-largest IT services company

NEW DELHI: Tata Consultancy Services Ltd (TCS) is set to surpass DXC Technology Co. to become the world’s third-largest software services provider in fiscal 2018-19, marking the first change in the pecking order of the information technology (IT) outsourcing industry in two years.

Sensex drops 250 pts; Nifty below 11,450

Sensex drops 250 pts; Nifty below 11,450

The benchmark BSE Sensex extended its losing streak by falling over 250 points in early trade on Wednesday, led by losses global markets amid rising US-China tension.

The 30-share index was trading 205.12 points, or 0.54 per cent, lower at 38,071.51.

Google promises better privacy tools, smarter AI assistant

Google promises better privacy tools, smarter AI assistant

Google announced new privacy tools on Tuesday intended to give people more control over how they’re being tracked on the go or in their own home, part of a broader effort by big tech companies to counter increasing scrutiny of their data collection practices.

The company also announced updates for its artificially intelligent voice assistant as well as a cheaper Pixel phone and a rebranding of his smart-home products.

AMUL disses consumer slowdown, says its customer base secure; MD Sodhi shares success formula

AMUL disses consumer slowdown, says its customer base secure; MD Sodhi shares success formula

Leading FMCG brand Amul is sure of its consumer growth amid reports of a slowdown in consumer staples market in the country, Amul MD R S Sodhi said on Tuesday. Attributing the success of its consumer staples growth to right pricing, Amul MD said that the key here is to price the products right, considering India is primarily a country of lower-middle-class people.

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