From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
Mastercard is keen on being known not as a payments player but a technology company.
After dropping Chinese sportswear company Li Ning as India's Olympic kit sponsor, Sports Minister Kiren Rijiju on Wednesday said the country's athletes will not wear branded apparel in the upcoming Tokyo Games even as the Indian Olympic Association (IOA) claimed that the search is on for a new partner.
Members of COAI, including Bharti Airtel, Vodafone-Essar, Idea Cellular and others met in New Delhi and decided to go ahead with filing of the affidavit in TDSAT against the Telecom Engineering Centre's report. COAI has also questioned the government's move to allocate spectrum to two telecom PSUs -- BSNL and MTNL -- saying they have been given frequency out of turn as many other players have been waiting to get spectrum for months and even years now.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
Mozilla showcased a smartphone prototype costing as little as $25 at the Mobile World Congress in Barcelona in February, targeting developing countries including India and China.
Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.
Telecom industry body COAI has approached the information technology ministry for removal of fake and misleading messages from social media platforms like Facebook, Whatsapp and Twitter linking spread of COVID-19 to 5G technology. The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel and Vodafone Idea, said the claims linking 5G with coronavirus are baseless as 5G networks have not yet been installed in the country and even 5G trials are yet to be started by the telecom operators. In a letter dated May 15 to MeitY additional secretary Rajendra Kumar, COAI director general S P Kochhar said: "To safeguard the national interest, we request your good office to kindly instruct all the social media platforms such as Facebook, Watsapp, Twitter, etc, to remove all such posts and misleading campaigns from their platforms on an urgent basis." People have been sharing audio and video messages on social media platforms in which 5G towers are being blamed for rise in casualties across the country even though none of the companies have installed 5G technology anywhere in India.
The volunteers are asked to keep an eye on posts which are against the sovereignty and integrity of India, against the defence of India, against the security of the state, against friendly relations with foreign states, content aimed at disturbing public order, disturbing communal harmony and child sex abuse material.
Owing to the poor market conditions and tepid sentiments, the size of the show has shrunk compared to the last edition, which took place in 2018. A majority of the two-wheeler makers, and several car and commercial vehicle makers, have opted out of this year's show, which opens for the media on Wednesday.
The fall in GSM-based cellular subscribers growth continued with just 979,000 additions in May 2004, at 2.81 crore (28.1 million), with the Bharti Group cornering over one-fourth of the market at 73.43 lakh (7.34 million) customers.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
Two years ago, Myanmar was to the Association of Southeast Asian Nations (Asean) what Bihar was to India: Dogged in its isolation, a region with low development indices and one the West loved to hate -- a state perpetually on the defensive. However, Myanmar's growth has also been as rapid as that seen by Bihar.
In the 15-24 age-group, time spent by women grew 110 per cent compared to 104 per cent by men.
As part of the ritual, ''halwa'' is prepared in a big ''kadhai'' (large frying pot) and served to the entire staff involved in the Budget making exercise of the ministry. Halwa was served while maintaining COVID protocol with all present in mask and those distributing sweets were wearing gloves.
Dream11 had been the IPL title sponsors for the 2020 edition, winning the rights for Rs 222 crore
Sooryavanshi and Annaatthe have already collected 6 percent of the film industry's 2020 revenue.
A basic problem is that the cost of spectrum and licences relative to earnings is too high.
"In response to India's payments data circular, we've built a system that stores payments-related data locally in India," WhatsApp spokesperson said in a statement.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
'The undiminished threat, therefore, has the potency of sustaining itself in multiple ways in the near and medium term.' 'The state agencies need to utilize innovative methods in countering radicalization and violent extremism to address this growing threat'.
The Delhi Commission For Women on Monday asked the police officials to appear before it later this week in connection with a probe into objectionable content on 'Bulli Bai' and 'Sulli Deal' apps.
Maharashtra quarter-miler Aishwarya Mishra is giving a torrid time to authorities as she has "disappeared" after winning a gold in the Federation Cup National Championships, last month.
'My father is a postman. My mother is a homemaker. No one in my family had studied medicine.' 'I wanted to be the first doctor in my family so I could listen to people like me and help them feel better about themselves,' says Archana Vijayan, an MBBS student with a disability, who was initially denied admission into medical school, even after passing the NEET twice.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
With social distancing in customer's mind coupled with the government's push to further normalise business conditions and banks becoming more considerate to finance vehicles, entry level passenger vehicles saw good demand.
Cellular Operators Association of India (COAI) and Association of Unified Telcom Service Providers of India (AUSPI) have opposed the proposal to compensate consumers.
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."
'There will be other innovations coming, but, at the moment, this combination of the mobile phone and the Internet is such a disruptive way to deliver content.'
Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets with a right pricing strategy for its products and local manufacturing.
This studio will explore a range of design trends and themes, including detailed research into colour and material trends in India.
Dell on Tuesday announced the launch of its smartphone-tablet device 'Dell Streak' in India, in association with Qualcomm and Tata DOCOMO.
'An ambassador may not be sure whether there would be a war next month, but prudence requires him to take action to see to it that people leave early.' 'Because once the war starts, it will be very difficult to move out.'
'There is no doubt at all that Jio's disruption of the mobile broadband market was a turning point for India's digital economy.'
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
The National Clinical Registry for COVID-19 will collect systematic data on clinical signs and symptoms, laboratory investigations, management protocols, the clinical course of COVID-19, disease spectrum and outcomes of patients.
With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.
The global semiconductor shortage hit passenger vehicle sales in September, with major manufacturers like Maruti Suzuki, Hyundai and Mahindra & Mahindra reporting a decline in sales on Friday. Kia India and Honda Cars also reported a dip in wholesales last month as compared with the year-ago period. Carmakers like Tata Motors, Toyota Kirloskar Motor, Nissan and Skoda, however, reported an increase in passenger vehicle dispatches last month despite supply chain issues.
The ministry further stated that it was advisable to receive a complete schedule of the anti-coronavirus vaccine irrespective of past history of infection with COVID-19 as this will help in developing a strong immune response against the disease.
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