Telecom regulator TRAI on Wednesday asserted that operators cannot charge TV viewers more than their usual monthly outgo under the ‘best fit plan’ to be offered during the transition period, and cautioned that the regulator will take action on any such complaint.

“TRAI has clearly asked distribution platform owners (DPOs) to ensure that for consumers, the monthly outgo under the best fit plan should not exceed the payout per month of existing plan of the subscriber,” TRAI Secretary SK Gupta told PTI.

New Delhi: Punjab National Bank (PNB), one of the leading public sector banks on Wednesday has stated that it has chosen to put more than 4,000 properties on e-auction all over India as portion of its loan recovery effort, reported by IANS.

As per the bank, activity under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) will offer assistance in accomplishing recovery of Rs 26,000 crore amid current Financial Year 2018-19.

New Delhi: IT firm Larsen & Toubro lnfotech on Thursday announced acquisition of Germany's Nielsen+Partner for EUR 28 million (approx Rs 224.15 crore).

"The company, through its wholly-owned subsidiary, Larsen & Toubro lnfotech GmbH, Germany, has signed a definitive agreement to acquire Nielsen+Partner Unternehmensberater GmbH headquartered in Hamburg, Germany, along with its identified subsidiaries in Luxembourg, Switzerland, Thailand, Singapore and Australia and branch office in Belgium," Larsen & Toubro lnfotech said in a regulatory filing.

The BSE Sensex fell over 100 points in early trade on Thursday on heavy foreign fund outflows amid rising global crude prices and a subdued trend at other Asian bourses.

The 30-share barometer, which had lost 840 points in the previous five sessions, was trading 120.01 points, or 0.33 per cent, lower at 35,914.10.

Opportunity, a remarkably durable NASA rover designed to roll along the surface of Mars for three months, has stopped communicating with Earth after 15 years of service, officials said on Wednesday, ending a mission that astounded the U.S. space agency.

Engineers lost contact with the solar-powered vehicle on June 10 during a dust storm that encircled Mars. Since then, NASA officials made numerous attempts to reach the six-wheeled rover, which is about the size of a golf cart.

Search engine giant Google is planning to spend $13 billion on data centers and offices across the USA this year, reported Bloomberg.

Google says that the investment will create thousands of new construction jobs in the country other than the company’s traditional California base. The new spending builds upon $9 billion, Google invested into expanding in US in 2018.

Olympic silver medallist PV Sindhu Thursday opened her campaign in the 83rd Senior National Badminton Championship with a straight game win over Nagpur's Malvika Bansod to enter the women's singles quarterfinals in Guwahati.

A former champion, Sindhu took time to get into the groove before claiming a 21-11 21-13 win over Malvika, who is a gold medallist at the South Asian U-21 Championship in Nepal and a runner-up at Khelo India Games.

Shares of India’s major private sector lender Yes Bank surged in trade on Thursday morning after the RBI cleared the bank of divergence. Yes Bank share price gained by nearly 30% to hit the day’s high at Rs 220.25 on NSE this morning. Yes Bank said yesterday that the RBI has not found any divergence in the asset classification and provisioning done during 2017-18.

Ashwani Lohani to be Air India's new Chief Managing Director

The Cabinet on Wednesday approved the appointment of Ashwani Lohani as the new Chief Managing Director of Air India. Lohani was retired from his previous role as Railway Board Chairman on January 1.

Swedish luxury car maker Volvo Cars India will roll out its first locally-assembled plug-in hybrid XC90 by the end of 2019. This will be an SUV (sports utility vehicle) and will compete with the BMW X6 35i M Sport and the Mercedes-AMG GLE 43 4Matic.

Charles Frump, managing director, Volvo Car India, said on Wednesday the plug-in hybrid car will cost around 8% more than the diesel inscription car.

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