Friday, 8 July 2016

Sarvitha Sethi to be Coca-Cola's first woman CFO in India

NEW DELHI: Coca-Cola India is set to get its first woman CFO, as Sarvitha Sethi, commercial finance director of its central and southern Europe operations, will soon take over the reins from Sanjeev Kumar, VP finance for India and South West Asia for Coca-Cola. This is being seen as part

India promoting its steel industry with trade protectionism: Global Times

BEIJING: India is promoting its steel industry with trade protectionism and making China a "primary victim" of trade investigations, China's official media alleged today and asked New Delhi to adopt "open-mindedness" towards the world's largest steel producer. "It seems India is seeking to boost its

Ashok Leyland launches Captain 40iT tractor in Kolkata.

KOLKATA: Hinduja group flagship Ashok LeylandBSE 0.86 % on Friday launched its 'Captain 40iT' tractor in Kolkata adding to its popular Captain series of trucks. Co-created with drivers and users through an extensive study of their lifestyle, the new Captain 40iT has been designed specifically for

Tata Steel Board meeting on UK steel operations starts

MUMBAI: The Board meeting to decide the fate of Tata SteelBSE 0.30 %'s UL operations started on Friday afternoon. A decision on the same is expected by Friday evening. ET had reported in their Friday edition that India's largest private steel maker Tata Steel is likely to put on hold its plan to sell

As Anupriya Patel Becomes Minister, UP Ally Apna Dal Says Goodbye To BJP

Three days after Anupriya Patel became the youngest member of Prime Minister Narendra Modi's council of ministers, the Apna Dal announced that it was severing ties with partner BJP, accusing it of not following the "decorum of alliance".The Apna Dal is led by the new minister's mother Krishna

PM Narendra Modi To Meet South African President Jacob Zuma Today

PRETORIA, SOUTH AFRICA:  Prime Minister Narendra Modi will today meet South African President Jacob Zuma on the second leg of an African tour aimed at boosting ties in a region where China has a strong presence. PM Modi, who arrived from Mozambique, will head on to Tanzania and

Lionel Messi announces he will not retire from international soccer

According to SI.com, Lionel Messi has decided to go back on his original statement of intent that he was done playing for the Argentina National Team following Argentina's loss in the final of the Copa America Centenario. SI.com's report comes from Argentinian newspaper, La Nacion, who report that

Equity indices trade flat on negative global cues

MUMBAI: Negative global cues and profit booking dragged the key Indian equity markets lower on Friday. The equity markets traded flat -- marginally in the red -- during the mid-afternoon session, as heavy selling pressure was witnessed in capital goods, banking and oil and gas stocks. The wider 51-

Army can't use excessive force in disturbed areas: SC

NEW DELHI: The Supreme Court on Friday said the army cannot use excessive force in its counter-insurgency operations in areas declared disturbed under the Armed Forces (Special Powers) Act. The court held that criminal courts do have the jurisdiction to look into cases of alleged excesses by the

Booked AAP MLA cries foul, says will go to jail if 'harassment' charges proved

NEW DELHI: After being booked on charges of misbehaving with a woman, Aam Aadmi Party (AAP) MLA Prakash Jarwal claimed that that a ‘political game’ is being played against him in order the defame the party and asserted that he will readily go to prison if the charges against him are

Five police officers killed by snipers in Dallas

U.S. President Barack Obama said America is “horrified” over the shootings of police officers in Dallas and there’s no possible justification for the attacks. Speaking from Warsaw, Poland, where he’s meeting with leaders of the European Union and attending a NATO summit, Mr. Obama said justice

Gujarat HC grants bail to Hardik Patel in sedition case; asks him to remain outside state for six months

Patidar Anamat Andolan Samiti (PAAS) leader Hardik Patel was on Friday afternoon granted bail by the Gujarat High Court in sedition case. The court granted bail on the condition that he will stay out of the state for next six months, reported ANI. Hardik was arrested and imprisoned in a jail in Surat​

Strange but true! A newly found exoplanet has three suns

New Delhi: This is a curious case of 16-million-year-old planet. An exoplanet which is twirling between a three-star system. Recently a team of astronomers at the University of Arizona in Tucson have spotted that a giant planet, situated some 340 light years away from Earth, is orbiting one of the

SC issues notice to Latha Rajinikanth

Chennai: The Supreme Court today issued a notice to Latha Rajinikanth for allegedly taking Rs 10 crore and failing to provide AD Bureau with Kochadaiyaan distribution rights.The Ad Bureau Advertising had lodged a complaint last year in Bengaluru against Latha Rajinikanth alleging that she

Delhi Auto, Taxi Unions To Protest Against App-Based Services

 A section of auto and taxi operators will stage a protest outside the Delhi Police Headquarters today demanding action against app-based cabs plying in the national capital for "not following laid down rules". Delhi Autorickshaw Sangh and Delhi Pradesh Taxi Union have decided to protest against the

Thursday, 7 July 2016

Modi's message to ministers: Don't take me for granted or mess with me

I  can't even remember when a Prime Minister sent a message so loud and clear through an exercise that is his sole prerogative: Cabinet reshuffle. Of course, Manmohan Singh never had the freedom: His council of ministers was a mix of diktats he got from Congress chief Sonia Gandhi and coalition

IT Shares Slump On Brexit Fears, Earnings Uncertainty

The Bombay Stock Exchange's IT sub-index slumped over 1 per cent on Thursday as frontline outsourcers - HCL Tech, Tech Mahindra, Infosys and TCS - fell sharply. IT stocks have unperformed over the last one week and one month timeframes and have not participated in the rally that took the

As sugar finds its sweet spot, investors ask for how long?

After a four-year bear market, sugar has found its sweet spot.
Its steepest bull run in years has seen prices of U.S. raw sugar, the global price benchmark, more than double in less than a year, making one of the smallest commodity markets one of the best performing

Vijay Mallya to make rare public appearance on Friday

Troubled Indian businessman Vijay Mallya is set to make a rare public appearance in the United Kingdom on Friday when he is scheduled to attend the team bosses press conference ahead of the Formula 1 British Grand Prix. Mallya, who has been in the UK since March, has been declared a

FIPB clears FDI proposals worth Rs 643 crore

NEW DELHI: Foreign Investment Promotion Board (FIPB) has cleared four FDI proposals entailing overseas investment of about Rs 643 crore. The inter-ministerial panel, headed by Economic Affairs Secretary Shaktikanta Das, has approved Rs 420 crore FDI proposal of Advanced Enzyme

Maharashtra plans $10 billion infra fund

MUMBAI: In what Maharashtra claims will be a game changer, the state is planning a whopping $10-billion fund, which would be used for building infrastructure in rural areas of the state and specifically in Mumbai. The move to create this Infra Fund comes after the state has struggled to

Government to use info collected under various pacts to identify suspected tax dodgers

NEW DELHI: The government is set to use the information collected under various international tax agreements to identify suspected tax dodgers and urge them to come clean through the ongoing black money scheme that expires on September 30. The income-tax department will soon write to such

Destination Jupiter: expectations from Juno mission

Los Angeles: 
Now that the Juno spacecraft is settled in orbit around Jupiter, the real work is about to begin.Juno will fly closer to Jupiter than any other spacecraft, skipping over cloud tops and peering deep inside to uncover clues about the giant planet's formation. Scientists hope that understanding how Jupiter

Datsun redi-GO, Ciaz reach sales landmarks

Datsun redi-GO, the entry level car with a starting price of Rs 2.39 lakh, has become a hit, selling 3,000 units within 23 days of its launch on June 7. It is virtually giving its popular rivals such Maruti Suzuki Alto 800, Renault Kwid, Hyundai EON and the like, a run for their money. On the other hand,

ZAGG Speaker Case review: A perfect iPhone companion

When I used to live in hostel, every fortnight we used to have an after-dinner get together in our room, and there were times when my roommates didn’t even bother that my old speaker has fallen to the ground— taking my iPhone along with it, while they were busy doing their moves. Those were

Wednesday, 6 July 2016

7 countries benefit most from technology innovation: report

Geneva: The United States, Singapore, Finland, the Netherlands, Sweden, Switzerland and Israel are getting the biggest bang for their buck in economic and digital innovation, according to a survey released Wednesday by the organizers of the Davos economic forum.The Geneva-based World

Huawei filed new patent suit against Samsung

Huawei has filed another patent lawsuit against smartphone rival Samsung in China, adding to the legal battle between the two Asian electronics giants. Quanzhou intermediate people's court spokesman Wang Zhiwei told Reuters the court accepted the case recently but did not provide further

Amazon UK says no Brexit hit to sales so far

Amazon has not seen a British sales dip since the vote to leave the European Union, its new UK boss said on Wednesday, after announcing the online retailer would create a further 1,000 jobs across the UK this year. "Our sales are in line with expectations... It's business as usual as far as we are

UK renews pre-Brexit financial aid pledge for Tata Steel

The British government's offer of financial aid to Tata Steel UK and to potential buyers of its assets here is still on the table, business minister Anna Soubry said on Wednesday, despite Britain's shock vote last month to leave the European Union. Seeking to avoid thousands of job losses, the

BJP strategists start to worry about Arvind Kejriwal

It’s not Nitish Kumar, nor the Congress. Aam Aadmi Party supremo Arvind Kejriwal is emerging as the BJP’s enemy number one. AAP’s rapid growth in BJP-ruled states has begun to worry saffron strategists who are now working on a plan to “discredit” and “halt” the AAP juggernaut from making

CID arrests 2 more for ISIS links

A day after arresting Mohammad Masiuddin alias Musa for his alleged links with the terror group ISIS, the criminal investigation department (CID) arrested two more terror suspects and slapped charges of waging war against the state against all on Wednesday as their involvement in subversive

SC to hear plea challenging NEET ordinance, Centre's 'flip-flop' today

New Delhi: The Supreme Court will hear the plea challenging the National Eligibility-cum-Entrance Test (NEET) ordinance on Thursday. The matter was listed on Monday before CJI bench, which then referred it to the concerned bench. Activist Anand Rai, known for exposing the Vyapam scam, had

Clinton will not face criminal charges over email gate: Attorney General

Washington: The Justice Department's investigation into Hillary Clinton's email setup has been formally closed without any criminal charges, Attorney General Loretta Lynch said Wednesday.
The decision had been expected and was largely a formality given FBI Director James Comey's

Africa visit to enhance ties: PM Modi

Ahead of his departure, Prime Minister Narendra Modi on Wednesday said his four-nation tour of African countries is aimed at enhancing ties with that continent, particularly in the economic sphere and people-to-people contacts. Mr Modi will begin his five-day tour with Mozambique and then

President Pranab Mukherjee greets nation on Eid

Mukherjee said the holy month of Ramzan is a month of prayer, blessings and forgiveness.
New Delhi: President Pranab Mukherjee today greeted the people on the eve of Eid-ul-Fitr and hoped that it will inspire all to follow the path of love and universal brotherhood. The festival of Eid-ul-Fitr

Making quality education accessible is priority, says MN Pandey

The government has been working to raise the standards of education and it will continue to work in that direction. New Delhi: Mahendra Nath Pandey who took on Thursday charge as the Minister of State for Education said that his priority was to make quality education accessible to all the citizens

Ananth Kumar: Passage of GST bill in Monsoon Session a priority

New Union parliamentary affairs minister Ananth Kumar said on Wednesday that the passage of the GST bill in the Monsoon Session will a priority for which the government will talk to all political parties.“GST is a very important bill. The whole country is in favour of passing this bill as early as

Supreme Court gives Rs 5 lakh to victims of rail mishap

Squarely blaming the railways for the February 2011 incident in Shajahanpur, Uttar Pradesh, in which 14 people were killed and 20 sustained injuries while travelling on top of Himagiri Express, the Supreme Court has directed the Railways to pay a compensation of Rs 5 lakhs each to the families of

Preacher Zakir Naik speeches under scanner

Government agencies are examining the speeches made by controversial Islamic preacher Zakir Naik, particularly in the wake of reports that a Bangladeshi militant involved in the recent terror attack in Dhaka had been following him regularly on the social media.Minister of state for home Kiren Rijiju

Visit to Africa aimed at deepening ties, economic cooperation: Modi

Focus of the visit will be on deepening cooperation in maritime security, investment, agriculture and food. New Delhi: Ahead of his departure, Prime Minister Narendra Modi on Wednesday said his four-nation tour of African countries is aimed at enhancing ties with that continent, particularly in the

I am a product of student agitation, dialogue key to avoid stir: Javadekar

Javadekar said he would consult senior BJP leader MM Joshi on his new role as the HRD minister.
New Delhi: Union human resources development minister Prakash Javadekar on Wednesday said education is not a subject for party politics and asserted that dialogue is the key to avoid agitation.

Wimbledon 2016: ‘Surprised’ Federer topples Cilic

The Swiss maestro sealed a stunning coming from behind win to reach semifinals London: Roger Federer admitted he was surprised to be still standing at Wimbledon after sealing a place in a record-equalling 11th semi-final with an epic 6-7 (4/7), 4-6, 6-3, 7-6 (11/9), 6-3 victory over Marin Cilic on

Virat Kohli’s men leave for West Indies

The 16-member Indian squad led by Virat Kohli left for the West Indies to engage the hosts in a four-Test rubber later this month and in August on Tuesday night.The team were accompanied by their newly appointed head coach Anil Kumble and other support staff. The squad will open the tour with a

Ronaldo, Nani send Portugal into Euro 2016 final

LYON, FRANCE: Cristiano Ronaldo scored one goal and inadvertently set up the other as Portugal ground out a 2-0 win over Wales on Wednesday to march into the Euro 2016 final.The Portuguese superstar, who has had to soak up a lot of criticism for a lacklustre tournament by his high standards,

Wearable devices can give away your passwords, according to new research.

In the paper "Friend or Foe?: Your Wearable Devices Reveal Your Personal PIN" scientists from Binghamton University and the Stevens Institute of Technology combined data from embedded sensors in wearable technologies, such as smartwatches and fitness trackers, along with a computer

Your smartwatch is giving away your ATM PIN

Wearable devices can give away your passwords, according to new research. In a new paper, researchers combined data from embedded sensors in wearable technologies, such as smartwatches and fitness trackers, along with a computer algorithm to crack private PINs and passwords with 80-

Second edition of The Economic Times Startup Awards begins today.

Beginning today, we launch the second edition of The Economic Times Startup Awards, the finest accolade recognising the best of Indian entrepreneurship. The awards ceremony will take place on September 3 in Bengaluru and the meeting of the jury to select the winners will happen on August 6,

Interest subvention to Public Sector Banks, Private Sector Banks, Cooperative Banks, Regional Rural Banks and NABARD for providing short term crop loan to farmers

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Interest Subvention Scheme for farmers for the year 2016-17. The Government has earmarked a sum of Rs. 18,276 Crore for this purpose. This will help farmers getting short term crop loan payable within one

PM pays tribute to Syama Prasad Mookerjee

Prime Minister Narendra Modi on Wednesday hailed Syama Prasad Mookerjee, the Bharatiya Jan Sangh founder, on his 115th birth anniversary, saying India will remember him for his contribution to the country's history. "On his birth anniversary, my tributes to Syama Prasad Mookerjee. We

Nation remembers Dr. Shyama Prasad Mookherjee on his birth anniversary today

Dr Mookerjee founded Jansangh in 1951.
As a founder of Bharatiya Jan Sangh which later became the Bharatiya Janata Party, Shyama Prasad Mukherjee is considered one of the tallest leaders of the Hindutva movement in India.Shyama Prasad