Keeping its vigil on service quality in the sector, Trai has imposed penalties on leading operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular, for failing to meet various Quality of Service benchmarks in the December quarter, according to a source.

Around Rs 31 lakh fine has been imposed on Reliance Jio, the newest entrant in the telecom sector whose aggressive offerings have led to a bruising tariff war in the market.

Mumbai: Cash-strapped national carrier Air India has doubled the gratuity ceiling amount of its employees from Rs 10 lakhs to Rs 20 lakhs.

An Air India letter dated on June 26, said, "It has been decided to implement the enhancement of gratuity payable to employees under Payment of Gratuity Amendment Act 2018,

New Delhi: The National Highways Authority of India (NHAI) will buyback 20 National Highway and another 19 state highway projects totalling about 3,160 kilometers which are managed by private players. The projects that have been identified include the much-delayed Muzaffarnagar-Haridwar and Ambala-Chandigarh stretches in north India and Tada-Nallore highway in Andhra Pradesh and Salem-Namakkal in Tamil Nadu.

When it comes to genome analytics, data may run in petabytes (PB is 1,000 terabytes). Keeping this data stored in Cloud is paramount and Amazon Web Services (AWS) is helping Genome Institute of Singapore (GIS) achieve that. “We do have a lot of data when we’re studying cancer or heart disease. That’s human data and for that, we have very strong security protocols in place.

As many as 1,313 “listed” entities that have failed to file their annual reports for two years face the prospect of being struck off the registrar of companies’ (RoC) database. The move is a continuation of the ministry of corporate affairs’ (MCA) efforts to weed out shell companies.

A senior ministry official observed that while the companies were categorised as “listed”, in reality most of them were not. Consequently, their status will be altered from “listed” to “unlisted” before they are struck off.

Makers Lab, the thin-q-bator or R&D division of Tech Mahindra, is gearing up for the next phase of growth wherein connected devices powered by Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML) will increase productivity with minimal human intervention, plus identification and implementation of right technology solutions for its customers. Tech Mahindra has four Makers Lab in India; these are located in Pune, Hyderabad, Bangalore and Chennai, and cater to over 100-300 customers. Last month, two more of these research and development centres have been opened in Munich, Germany and at Plano, Dallas, US.

Carmakers have reported an unusually high double digit volume growth in domestic sales for June on a low base of previous June. Domestic volume of passenger vehicles (cars, vans and utility vehicles) in had slipped more than 11 per cent to 198,399 units in June last year as manufacturers consciously regulated dispatches to dealers to minimise losses arising out of the transition to the goods and services tax (GST) regime from July 2017.

Prime Minister (PM) Narendra Modi on Sunday ruled out a single slab for the goods and services tax (GST), stating that milk and the Mercedes could not have the same rate.

The GST regime was rolled out on July 1 last year. The central government on Sunday marked its first anniversary with an event in New Delhi, while Modi took to social media to showcase its advantages.

The rupee strengthened by 13 paise to 68.33 against the dollar in early trade on Monday on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Forex dealers said a higher opening of the domestic equity market supported the rupee but the dollar's strength against some currencies overseas capped the gains.

China fulfilled a pledge to slash tariffs on imported cars Sunday, but the respite for auto makers who export to China from the US will be brief as Beijing prepares to slap an additional 25% tariff on US auto imports this Friday.

Ford Motor Co. and Tesla Inc, as well as Germany’s BMW AG and Mercedes-Benz maker Daimler AG —which build premium sport-utility vehicles in the US and ship them to China—stand to suffer the most.

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