India

Thiruvananthapuram, Aug 28: Lulu group chairman M A Yusuff Ali on Thursday clarified that he has no links in the controversy pertaining to the Thiruvananthapuram airport development project and has appealed not to drag his name into the issue. In a statement here, he said it was the central government which decided to hand over the rights to run the Thiruvananthapuram airport to Adani Group. "The

New Delhi, Aug 28: The government has permitted the airlines to serve pre-packed snacks, meals and beverages on domestic flights and hot meals on international flights, according to an official order. Moreover, any passenger who refuses to wear a face mask in a flight can be put on the no-fly list by the airline, said a senior official of the aviation regulator DGCA. Due to the coronavirus

New York, Aug 28: India is on course to have an "approved" vaccine within the first quarter of the calendar year 2021 and Pune based Serum Institute of India (SII), the world's largest vaccine manufacturer by volume, is well placed to deliver the first vaccine, according to a report out Thursday from Bernstein Research, a top Wall Street research and brokerage firm. "Globally, there are four

New Delhi, Aug 28: In a clear message to those who recently wrote a dissent letter challenging her leadership, Congress president Sonia Gandhi Thursday formed a five-member panel in Rajya Sabha including her confidants and elevating two young MPs to senior positions in Lok Sabha. Ahmed Patel, KC Venugopal and Jairam Ramesh will be part of the Rajya Sabha Committee, which will also include Leader

New Delhi, Aug 27: Amid a chorus by non-NDA ruled states for compensation of GST revenue shortfall, the Centre on Thursday presented two options to states under which they can borrow from the market to make up for the estimated deficit of Rs 2.35 lakh crore this fiscal. At the end of a five-hour long meeting of the GST Council, Finance Minister Nirmala Sitharaman said there was no proposal to

New Delhi, Aug 27: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said that after containment of spread of the novel Coronavirus, the financial sector will have to return to its normal operations on their own and without regulatory relaxations. Addressing an online event, Das described the RBI's response to the situation arising out of the pandemic as "unprecedented" and said

New Delhi, Aug 27 (ANI): The Delhi High Court stayed Insolvency & Bankruptcy Code (IBC) proceedings against Anil Ambani in matter pertains to a personal guarantee given by him against a loan taken by Reliance Communications Ltd (RCom) and Reliance Infratel Ltd (RITL) from State Bank of India (SBI). The Bench of Vipin Sanghi and Justice Rajnish Bhatnagar also issued a notice on Ambani's plea

Pune, Aug 26: The second phase trial of COVID-19 vaccine developed by Oxford University, which would be manufactured by Serum Institute of India, began here with the vaccine candidate administered to two volunteers at Bharati Vidyapeeth Medical College. Dr Sanjay Lalwani, Medical Director of Bharati Vidyapeeth Medical Hospital and Research Centre, said that five volunteers were tested for RT-PCR

New Delhi, Aug 26: IT major Accenture is all set to fire 5% of its workforce globally, which means that around 10,000 employees in India will lose their jobs due to the economic crisis caused by the coronavirus pandemic. Accenture is likely to ask several thousands of employees to go after the conclusion of the appraisal cycle that is underway. The Australian Financial Review (AFR) reports that

New Delhi, Aug 26: Fugitive diamantaire Mehul Choksi approached the Delhi High Court against Netflix's upcoming web series 'Bad Boy Billionaires', through advocate Vijay Aggarwal. The hearing on the plea is scheduled to begin shortly. Choksi, the promoter of Gitanjali Gems, and his nephew Nirav Modi are accused in the Rs 13,500 crore Punjab National Bank fraud case. Choksi fled the country a year