India News

After Sabarimala controversy, BSNL transfers activist Rehana Fathima

Activist Rehana Fathima, a BSNL employee who had made an attempt to enter the Lord Ayyappa Temple in Sabarimala, has been transferred to the Palarivattom telephone exchange in the city where public contact is not required, sources said.

Fathima, a telecom technician working in the customer relations section at the Boat Jetty branch here, was Tuesday transferred to the telephone exchange at Palarivattom, the sources said.

Nasscom partners Hiroshima Govt for Japan-India IT corridor

IT industry body Nasscom on Monday said it has signed a letter of intent with the Hiroshima Government to work together in creating Japan-India IT corridor to facilitate partnerships between companies from both nations.

“The Hiroshima Government will co-invest with Nasscom in creating Japan India IT Corridor that could be at the forefront of promoting B2B cooperation and talent transfer from India to Japan,” Nasscom said in a statement.

Sensex cracks 34,000-mark, Nifty below 10,200 on weak global cues

Mumbai: The benchmark BSE Sensex on Tuesday extended its losing spree for the fourth straight day and dipped below the 34,000-mark in early trade, on unabated foreign fund outflows and selling by domestic institutional investors amid weakness in Asian markets.

Moreover, the rupee depreciating by another 23 paise to 73.79 against the dollar also dampened sentiments.

CIL offers additional supplies to power sector

Coal India (CIL) has offered five million tonne of extra coal to state-run NTPC on a credit basis and agreed to supply 7.94 lakh tonne of domestic coal per month to power utilities on condition that the power utilities will cut on imports, an official said. The miner has prioritised coal supplies to the power stations of eastern states for ensured generation to meet the increased power demand during the just concluded Durga Puja festival.

Russia’s VTB seeks apex court approval to bid for Essar Steel

Crinium Bay Holdings, a member of Russia’s VTB group, has moved the Supreme Court seeking permission to bid independently or jointly with “a suitable partner” for embattled Essar Steel (ESIL). VTB, through Crinium Bay, which holds a 40% equity in Numetal, had earlier submitted the resolution plans for Essar in its capacity as a shareholder of Mauritius-based Numetal, which was later on October 4 held to be ineligible to bid by the SC.

YouTube launches investment in educational content, creators

Google-owned YouTube has announced an investment of $20 million in educational content and creators to expand its initiative to support people across the world in sharing knowledge and pursuing learning on the platform.

YouTube said on Monday that it was creating a new Learning Fund programme to support creators who make some of the best learning content on YouTube, the world’s largest video-sharing site,

EPFO not to prosecute employers over Aadhaar non-compliance

In what can be seen as the proverbial sword of Damocles removed from over the employers' head, the Employees' Provident Fund Organisation (EPFO) last week issued a circular to Central Provident Fund Commissioners (CPFCs) to "avoid any coercive action by way of prosecution" in provident fund (PF)-Aadhaar linking cases.