ONE year after a woman in her mid-20s was raped by an Uber driver in New Delhi, the cab-aggregator company inked a series of Memoranda of Understanding (MoUs) with the government of India as well as many states, promising employment to welfare schemes. However, most of those proposals have not…
FORMER British chancellor Rishi Sunak, who on Tuesday (12) marked the official launch of his Conservative Party leadership bid with a speech in which he pledged a "positive campaign" that will not indulge in demonising outgoing British prime minister Boris Johnson. Sunak, a 42-year-old UK-born Indian-origin politician, said he had…
INDIGO, India's largest airline, has started disciplinary proceedings against the aircraft maintenance technicians who went on mass sick leave during the last five days to protest against low salaries, sources said on Tuesday (12). The airline has asked the technicians concerned to report to the airline's doctor, along with necessary…
INDIA spearhead Jasprit Bumrah produced his career-best bowling figures in the 50-over format at the Oval on Tuesday (12) by picking six wickets for only 19 runs against England in the first match of the three-match series. The visitors were in firm control from the word go after captain Rohit…
HERE are some news in brief about the Indian economy and business for Tuesday, July 12, 2022: The Indian rupee hit a fresh record low against the US dollar on Tuesday as the American currency strengthened globally amid weakness in the global equities, Asian News International reported. At the interbank…
BILLIONAIRE Gautam Adani-led Adani Data Networks, Reliance Jio, Bharti Airtel and Vodafone Idea have applied to participate in the upcoming 5G auction, according to a list issued by India's department of telecom on Tuesday (12). The spectrum auction, scheduled to start on July 26, may see aggressive bids for some…
FRENCH spirits group Pernod Ricard has put new Indian investments on hold due to long-running tax disputes with authorities on valuing liquor imports, according to two sources with direct knowledge and company letters seen by Reuters. The world's second-biggest spirits group said its legal wrangles have progressively worsened since they…
ON Monday (11), the Reserve Bank of India (RBI) created quite a sensationalism in the financial markets by allowing banks in the country and the international trading community to settle transactions in Indian rupee through a press release titled ‘International Trade Settlement in Indian Rupees (INR)’. The policy was called…
INDIA captain Rohit Sharma is known to be a prolific hitter of the ball in cricket's shorter formats. The opening batter also loves his outings in English venues as was seen during India's campaign in the 2019 World Cup. Sharma, who is also called 'Hitman', slammed as many as five…
FORMER Zimbabwe cricket captain Andy Flower has been hired as the head coach of UAE (United Arab Emirates) International League T20 (ILT20) team Gulf Giants whose name was announced on Tuesday (12). The team is owned and managed by the Adani Group. The inaugural season of the ILT20 will take…