Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as the ride-hailing company's revenue declined 65 per cent to Rs 689.61 crore amid COVID-19 induced lockdowns. As per regulatory documents filed by ANI Technologies - the parent company of Ola - it had logged standalone operating profit (profit before finance cost, depreciation, amortisation and tax (EBITDA)) of Rs 89.82 crore in FY21 on a standalone basis, while it had registered a loss of Rs 610.18 crore in the preceding fiscal year.
'We're going to have to work with the Health Department and Government authorities to find out a way in which even if a player tests positive, the whole tournament isn't cancelled'
'If we go in the same direction as them, we cannot expect a different result from them.' 'Our fall is going to be very swift.' 'Within a decade, we can expect the situation to change for the worse.'
Minister of State for Minority Affairs Mukhtar Abbas Ansari believes a national debate on a Uniform Civil Code is a must. 'The need of the hour is to debate this issue at length in order to create a consensus,' Ansari tells Rediff.com, adding, 'Such a debate must take place at the grassroot level. We must understand all the divergent viewpoints before any draft can be prepared.'
Stating that 'we cannot...infuse creativity in your bureaucracy', the apex court warned it will have to do something extraordinary if the authorities failed to control pollution.
The heavy industries ministersaid that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely very soon.
The tribal leader, India's youngest president at 64 and the first to be born after Independence, took oath of office in the name of god to 'preserve, protect and defend the Constitution and the law'.
Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.
Empty bottles of liquor were discovered inside the premises of the legislature in dry Bihar, in a fresh embarrassment to the Nitish Kumar government in the state, which has been drawing flak over recent hooch tragedies that have claimed more than 40 lives.
The India centre, which is the seventh such facility for the company globally, will function as a satellite to Microsoft's Redmond-based Digital Crimes Unit.
'If the person is silenced, then everyone else is terrorised and won't speak up.' 'See what happened to Kiran Mane, you will face the same fate.' 'They want to send this message to the world through my example.' 'We have to fight this and show that they cannot throttle everyone.'
However, if there is a larger outbreak, the entire building will have to be closed for 48 hours. All staff will work from home till the building is adequately disinfected and is declared fit for re-occupation, it said in the guidelines on preventive measures to contain the spread of COVID-19 in workplace settings.
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
The Congress won 77 seats or 42% of seats in the 2017 polls. How then can Gujarat be called a BJP bastion, asks Sanjeev Nayyar.
'But you cannot encroach upon the spaces that belong to the public.' 'For this new Parliament building, we envisage a minimum of 400 trucks, the huge long trailer trucks will be coming in day in and day out right into the heart of the national capital.' 'It will completely destroy Delhi's peace.' 'The beautiful sylvan surroundings of the quiet, beautiful, New Delhi is going to be destroyed for all time to come.'
The National SC/ST Hub, under the micro, small and medium enterprises ministry, with an initial outlay of Rs 490 crore, will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry-best practices.
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
'Why did your generals try to grab a few square kilometres of Indian territory in Ladakh?' 'And what happened to the hard work that you and Prime Minister Modi put into the Wuhan and Mamallapuram meets?' Claude Arpi writes a letter to Xi Jinping, China's self-styled supreme leader, who turns 68 today, June 15.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
Modi is seen as exceptional not only on account of his acts but also owing to his style. He appears to sacrifice his life for the people -- like a fakir, a figure he came to epitomize even more in 2020 by growing a long white beard. Charisma is above accountability, and Modi has grasped these dynamics.
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
Undergraduate courses indicatively cost S$23,000 to S$38,000, while postgraduate courses approximately cost S$15,000 to S$40,000.
Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things which cannot be done by the online platform entities "can also not be done" by any of its associates and related parties. Government may, from time to time, notify parties which fall in the definition of associates and related parties, it said.
As India launches the world's most ambitious and biggest vaccination drive against COVID-19, the country will encounter the formidable challenge of rapidly scaling up distribution of the vaccines to secure immunity for its entire population, two prominent Indian scientists at World Health Organisation have said.
British Prime Minister Boris Johnson led the tributes with UK Chancellor Rishi Sunak at 10 Downing Street for the National Health Service (NHS) and other key workers across care homes and public transport at 11 am local time. So far 82 NHS staff are known to have died after testing positive for the coronavirus, including many with their roots in India.
'The day I took charge, the PM told me you do the following -- stop imports, talk to all stakeholders and involve them to make mining more industry-friendly without affecting the environment.'
The hijab-row triggered protests in Karnataka spread across the state on Tuesday, with campuses witnessing 'conflict-like' situations marked by stone-pelting incidents, use of force by police and the Muslim girls standing their ground for wearing the headscarves, prompting calls for peace and calm both by the government and the high court, which is now looking into the students' plea for their right to their hijab.
Seventeen Indo-Canadians, including NDP leader Jagmeet Singh and Defence Minister Harjit Sajjan, won Canada's parliamentary elections on Tuesday with Liberal Party leader and Prime Minister Justin Trudeau returning to power in the snap polls.
Greenpeace on Friday termed as part of "relentless onslaught" by the government cancellation of its FCRA registration that barred the environmental organisation from receiving foreign funds and said those in power cannot "muzzle" dissent in a democracy.
Computers need to be trained to recognise images, says Devangshu Datta.
Physical security for women, the first step towards getting them into factories and offices, is all but absent in most Indian cities, notes Kanika Datta.
A government spokesman said there was "no truth" to a report in Britain's Times newspaper that the government had privately concluded the Games would have to be cancelled.
As India suffers and the ruling party is on the defensive, the truth is that the only way that this wave will pass is if exponential growth of the virus stops on its own, asserts Aakar Patel.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
Premji, 70, who founded the Azim Premji Foundation, is among the nine philanthropists named recipients of the 2017 Carnegie Medal of Philanthropy in "recognition of their outstanding and innovative leadership in philanthropy."
Around 11,500 ingredients have been put on the website for the public opinion.
Pinch your nerves, and trust the ghoul -- blood will be spilled; women, children, and grouchy old men will be dismembered! observes Sreehari Nair.
A legal tussle is currently on between a civil society group led by a professor, ostensibly working to further public interest, on the one hand, and the state government and an influential but controversial real estate developer, on the other. The dispute, which is over the way in which the Rajasthan government is seeking to re-develop Jaipur's historic Mansagar lake and its environs, is expected to be resolved soon by the Supreme Court.
