News for 'Commercial Service'

No entry for Assam vehicles into Meghalaya after border violence

No entry for Assam vehicles into Meghalaya after border violence

Rediff.com23 Nov 2022

A group of villagers from Meghalaya allegedly vandalised and burnt down a forest office in Assam's West Karbi Anglong district, following the killing of six people in violence that occurred in a disputed area along the border between the two states, officials claimed on Wednesday.

From April 21 all Mumbai flights will fly from terminal T2

From April 21 all Mumbai flights will fly from terminal T2

Rediff.com15 Apr 2021

The city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) has decide to once again consolidate its flight operations to one terminal -- T2 -- from April 21 amid the rising number of Covid-19 cases in the city.

WhatsApp group admins not liable for posts by members: Kerala HC

WhatsApp group admins not liable for posts by members: Kerala HC

Rediff.com24 Feb 2022

The administrators or creators of a WhatsApp group cannot be held vicariously liable for any objectionable content posted on it by any of its members, the Kerala high court has held.

India loses ONGC Videsh-discovered Farzad-B gas field in Iran

India loses ONGC Videsh-discovered Farzad-B gas field in Iran

Rediff.com17 May 2021

India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf," the Iranian oil ministry's official news service Shana reported. "The deal was signed on Monday, May 17, in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh in Tehran." The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.

'ISRO's goal is to develop a rocket company'

'ISRO's goal is to develop a rocket company'

Rediff.com27 Jan 2022

'We have all the technologies available, but it should be converted to something that can be commercially viable.'

Indian legal system a hurdle for aircraft lessors: Air India to govt

Indian legal system a hurdle for aircraft lessors: Air India to govt

Rediff.com12 Dec 2022

Tata Group-owned Air India has informed the Centre that aircraft lessors wish to set up their special purpose vehicles (SPVs) outside India since they aren't enthused about the Indian 'legal structure' and are loath to take risks. Indian airlines have a combined fleet of about 700 planes; over 85 per cent are on lease. A majority of lessors are based in Ireland due to its attractive tax policy, light-touch regulations, and swift legal system.

Will 5G turn the tables for India's telecom companies?

Will 5G turn the tables for India's telecom companies?

Rediff.com30 Mar 2022

Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?

Indian luxury car service that ferried convoys of Obama, Bush!

Indian luxury car service that ferried convoys of Obama, Bush!

Rediff.com4 Nov 2014

Ahluwalia is not a great fan of the Uber model.

SpiceJet first budget carrier to get nod to fly to US

SpiceJet first budget carrier to get nod to fly to US

Rediff.com23 Jul 2020

Budget carrier SpiceJet on Thursday said it has been designated as the "Indian scheduled carrier" to operate flights to the US.

Court not a platform for propagating religion, only to deal with law: HC

Court not a platform for propagating religion, only to deal with law: HC

Rediff.com13 Apr 2022

The court made the point clear while hearing a batch of pleas by several account holders challenging their suspension and deletion by the social media platforms.

These 5 states account for 70% exports: Survey

These 5 states account for 70% exports: Survey

Rediff.com30 Jan 2018

On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.

How Railways is ferrying 10 mn workers

How Railways is ferrying 10 mn workers

Rediff.com15 May 2020

Ferrying migrant workers back to their states would be the largest special service by any railway network in the world in one go. Here's how the transporter manages it.

India to make its own GSLV-Mk III and SSLV: DoS

India to make its own GSLV-Mk III and SSLV: DoS

Rediff.com19 Sep 2021

The Department of Space (DoS) plans to realise entirely-built rockets -- GSLV-Mk III and SSLV -- from Indian industry partners, in addition to PSLV, according to a top official of its commercial arm NSIL.

Copter crash: TN police register FIR, begin probe

Copter crash: TN police register FIR, begin probe

Rediff.com9 Dec 2021

The Nilgiris district police registered the FIR under Section 174 of the Code of Criminal Procedure (CrPC) and ADSP Muthumanikam was appointed as the investigation officer, official sources said. A probe is underway.

Lights back as Chandigarh power dept workers call off strike

Lights back as Chandigarh power dept workers call off strike

Rediff.com23 Feb 2022

Protesting employees of the city electricity department on Wednesday evening called off their strike while power supply has also been restored in the most parts of the city.

NHRC notices to Centre, 4 states over farmers' protest

NHRC notices to Centre, 4 states over farmers' protest

Rediff.com14 Sep 2021

The NHRC said that it has received several complaints regarding the ongoing farmers' protest.

NDTV founders Prannoy and Radhika Roy to sell company stake to Adani

NDTV founders Prannoy and Radhika Roy to sell company stake to Adani

Rediff.com23 Dec 2022

NDTV founders Prannoy Roy and his wife Radhika Roy on Friday said they will sell all but 5 per cent of their remaining shareholding in the news broadcaster to Adani Group for up to Rs 647.6 crore. Roys, who founded New Delhi Television Ltd (NDTV) as India's first and largest private producer of news current affairs and entertainment television, lost their status of being the company's largest shareholder in recent weeks. This follows Adani Group becoming the majority shareholding of NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market.

Biden warns Americans in Ukraine to 'leave now'

Biden warns Americans in Ukraine to 'leave now'

Rediff.com11 Feb 2022

United States President Joe Biden warned Americans in Ukraine to leave the country immediately amid tensions between Moscow and Kiev, saying that sending US troops for an evacuation would mean 'world war'.

Navy's recce prowess gets boost with induction of 2 Poseidon 8I aircraft

Navy's recce prowess gets boost with induction of 2 Poseidon 8I aircraft

Rediff.com4 Jan 2022

The Indian Navy has inducted two more Poseidon 8I maritime reconnaissance and anti-submarine warfare aircraft, in a boost to its surveillance capabilities in the Indian Ocean in the face of China's increasing forays into the region.

The Secret of Gautam Adani's Success

The Secret of Gautam Adani's Success

Rediff.com2 Nov 2022

Gautambhai has shown that he has ability to withstand payment delays or vexatious court cases. That is where he is on a more comfortable wicket than many others. A revealing excerpt from R N Bhaskar's Gautam Adani: Reimagining Business in India and the World.

Govt plans to merge BBNL with BSNL this month

Govt plans to merge BBNL with BSNL this month

Rediff.com20 Mar 2022

The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at a recent event organised by the All India Graduate Engineers and Telecom officers Association (AIGETOA) said that the government is giving the telecom firm an opportunity for a turnaround. "The government has taken a policy decision that BBNL is going to be merged into BSNL. "This means all work of BBNL at the pan-India level is going to come to BSNL," Purwar said at the All India Conference of AIGETOA on March 13.

Airtel, TCS ink JV for 5G-based remote robotic operations

Airtel, TCS ink JV for 5G-based remote robotic operations

Rediff.com28 Dec 2021

Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to a joint statement. TCS during the trials has successfully tested two use cases of its Neural Manufacturing solutions on Airtel's 5G testbed in Manesar - remote robotics operations, and vision-based quality inspection, the statement claimed. "The 5G ecosystem will open limitless possibilities for enterprises to enhance productivity and serve their customers even better with digitally enabled applications.

Vistara is all set for global foray

Vistara is all set for global foray

Rediff.com22 May 2019

Vistara appoints Vinod Kannan as chief strategy officer; plans to launch its maiden international flight to Colombo in May

Reliance opens Jio World Drive, first premium mall in Mumbai

Reliance opens Jio World Drive, first premium mall in Mumbai

Rediff.com7 Oct 2021

The premium mall, Jio World Drive (JWD), is spread across an area of 17.5 acre and it will be Mumbai's first rooftop Jio drive-in Theatre which will be operated by PVR. JWD will house only premium international and Indian brands.

Talgo trial runs conducted without safety clearance

Talgo trial runs conducted without safety clearance

Rediff.com25 Aug 2016

A railway official said the Talgo run was only a trial and, in case of launch of commercial services, clearance from CRS would be taken

Army launches WhatsApp-like indigenous messaging app SAI

Army launches WhatsApp-like indigenous messaging app SAI

Rediff.com29 Oct 2020

In the quest for 'Atmanirbhar Bharat', Indian Army has developed and launched a secure messaging application named the 'Secure Application for the Internet (SAI)' that supports an end-to-end secure voice, text and video calling services for Android platform over internet, the Ministry of Defence said in New Delhi on Thursday.

Ban on international passenger flights extended till Apr 14

Ban on international passenger flights extended till Apr 14

Rediff.com26 Mar 2020

However, this restriction will not apply to international all-cargo operations and flights specifically approved by the DGCA.

Mumbai local trains open for all after 10 months

Mumbai local trains open for all after 10 months

Rediff.com2 Feb 2021

The general public is allowed to travel in the suburban trains from the time of start of services for the day till 7 am, from 12 noon to 4 pm, and from 9 pm till the closure of services for the day.

Passenger vehicle sales slide 13% in December on chip shortage

Passenger vehicle sales slide 13% in December on chip shortage

Rediff.com14 Jan 2022

Passenger vehicle dispatches from factories to dealers declined 13 per cent to the lowest level in five years in December last year as the industry continued to face production issues due to semiconductor shortage, auto industry body SIAM said on Friday. Passenger vehicle dispatches last month stood at 2,19,421 units compared to 2,52,998 units in December 2020. While acknowledging that the chip shortage situation is not expected to dramatically change in the short term, the industry body expressed hope that things will improve soon.

India needs Green Revolution 2.0 to make agri more climate-resistant: RBI

India needs Green Revolution 2.0 to make agri more climate-resistant: RBI

Rediff.com17 Jan 2022

India needs a second green revolution along with the next generation of reforms with a view to make agriculture more climate-resistant and environmentally sustainable, said an RBI article on farm sector challenges. Observing that Indian agriculture has exhibited remarkable resilience during the COVID-19 period, the article said "new emerging challenges warrant a second green revolution along with next-generation reforms". Despite the success in terms of production that has ensured food security in the country, food inflation and its volatility remain a challenge, which requires supply-side interventions such as higher public investment, storage infrastructure and promotion of food processing, said the article titled 'Indian Agriculture: Achievements and Challenges'.

CBI gets govt nod to prosecute Aakar Patel for FCRA violations

CBI gets govt nod to prosecute Aakar Patel for FCRA violations

Rediff.com12 Apr 2022

The CBI had sought the sanction of the government to prosecute the international human rights organisation because of mandatory clause of Section 40 of the FCRA.

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Facebook buys 9.99 % stake in Jio for Rs 43,574 cr

Rediff.com22 Apr 2020

The latest deal would give Facebook deeper access to India, the second largest internet market after China.

Govt plans to amend Notaries Act; make draft public

Govt plans to amend Notaries Act; make draft public

Rediff.com7 Dec 2021

In a statement, the ministry said the proposed amendment bill also seeks to extend power to suspend the certificate of practice in cases of professional misconduct by the appropriate government for conduct of inquiry.

Why Raghuram Rajan Raced At RBI

Why Raghuram Rajan Raced At RBI

Rediff.com13 Jan 2023

The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.

Airspace coordination in India helps airlines save big

Airspace coordination in India helps airlines save big

Rediff.com6 May 2022

Coordination between defence and civilian authorities has freed up airspace for commercial airlines in India, resulting in routes becoming shorter and costs coming down, apart from mitigating pollution. "Due to various restrictions of the military, only about 58 per cent of the Indian airspace was being utilised. It is close to 70 per cent now," said an official of the Airports Authority of India (AAI). Officials of the AAI said to date 119 routes had been shortened. Sources said since December 2020 the cumulative savings of airlines had been close to Rs 200 crore while there was a reduction in emission of around 45,000 tonnes of carbon.

At Rs 5375 cr, HAL signs biggest ever deal with GE for Tejas engines

At Rs 5375 cr, HAL signs biggest ever deal with GE for Tejas engines

Rediff.com19 Aug 2021

HAL is working closely with GE to develop the LCA's export potential.

Will India succeed to ring in 5G in 2022?

Will India succeed to ring in 5G in 2022?

Rediff.com23 Dec 2021

A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.

IndiGo has a post-lockdown plan, including no meals

IndiGo has a post-lockdown plan, including no meals

Rediff.com10 Apr 2020

Once the coronavirus lockdown is over in India and commercial passenger flights are permitted again, IndiGo will deep clean its aircraft more frequently, stop in-flight meal service for a brief period and will fill a maximum 50 per cent capacity in airport buses, the airline's CEO Ronojoy Dutta said on Friday. "In situations like these, companies do not manage to growth or profitability but to liquidity. That means our singular focus is on cash flow. We are examining all our fixed costs and looking for ways to minimise them," he said.

Protesters go on rampage during Bihar bandh, BJP leaders get security

Protesters go on rampage during Bihar bandh, BJP leaders get security

Rediff.com18 Jun 2022

A railway station and a police vehicle were torched and several law enforcers injured in stone-pelting incidents on the fourth consecutive day of protests against Agnipath scheme on Saturday when a bandh was also called to press for the demand for rollback of the new scheme for recruitment in armed forces.

Tying with India to help it play broader stabilising role in Indo-Pacific: US

Tying with India to help it play broader stabilising role in Indo-Pacific: US

Rediff.com30 Oct 2022

The senior defence official, however, refrained from describing the kind of responses that the two countries would respond to their common challenges.