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Department of Telecom acts on call drops, to audit service quality

Telecom minister Ravi Shankar Prasad

The department of telecom will undertake special audit to assess the coverage and quality of service of all mobile operators in the metro cities to assess the gravity of problem to call drops.

PSU banks to get Rs 70,000 crore fresh capital in next 4 years

Rs 25,000 crore capital will be  allocated through three tranches

Fresh fund infusion to boost GDP growth

MTR to turn Haldirams of the south

After ready mixes, MTR to venture into fast growing snacks

Hong Kong fines SBI USD 1 million for law violation

SBI allegedly violated local anti-money laundering and counter-terror financing laws (File Photo)

SBI allegedly violated local anti-money laundering and counter-terror financing laws

Government proposes to introduce standards for alcoholic beverages

Representational Image. (Photo: PTI)

These standards will be finalized after inviting objections and suggestions

Nexa brand gets luxury hotel touch

Maruti Suzuki executive directors R.S. Kalsi (left) and T. Hashimo pose with the company’s premium car S-Cross

Maruti Suzuki on Friday said that its premium showrooms under Nexa brand would give a completely new experience to customers, which is akin to hospitality received at a luxury hotel.

PSBs, ICICI net power sensex

The equity markets rose sharply to end the week on a robust note led by bank stocks after the government announced plans to infuse fresh capital amounting to $11 billion into state-run banks.

ICICI bank surprises market, profit up 12 per cent

India’s largest private sector lender ICICI Bank on Friday surprised the street with a 12 per cent rise in net profit for the quarter ended June 2015 on the back of lower provisions and improvement in

Centre gets Rs 75,441 crore in fuel tax

The government’s revenue collection from taxes on petrol and diesel rose to Rs 75,441 crore in 2014-15, a rise of over 60 per cent from 2012-13, the Parliament was informed on Friday.

Market Wrap

Method of investment

The idea behind a system and a compulsory exit is to ensure that you do not keep ‘averaging’ or ‘chasing’ and get shut out.

Technomics

Google features black ribbon to honour late Abdul Kalam

Former Indian President APJ Abdul Kalam

Google has paid tribute to former Indian President APJ Abdul Kalam, who recently died due to a stroke while giving a speech in Shilong, by marking a black ribbon on its home page.

BizBriefs

YouTube in virtual reality push

YouTube says it's making a further push into virtual reality, promising to add 3-D support for videos that play back in its 360-degree format.

Nineteen-year-old Naina was made to take the place of her mother who had died of tuberculosis in 2004.

Punjab is back in the headlines with a brutality reminiscent of the violent Eighties. In the early hours of July 27, three gunmen dressed in Army uniforms struck at Gurdaspur.