India’s two leading software services companies, TCS and Infosys, have announced their first-quarter results for the current financial year. The results indicate that they are cruising along at a pace commensurate with a global economic environment that continues to be sluggish and problematic. This challenge has been made a little more daunting with the addition of two new uncertainties. Foremost Read More

A fresh row has broken out between the Big Three telecom operators and Reliance Jio over number portability. Jio has written to Telecom Regulatory Authority of India (Trai) that the three leading telcos – Airtel, Vodafone and Idea – are preventing consumers from shifting to Jio. In a letter to Trai chairman R S Sharma, dated September 14, Jio said: Read More

India has slipped by 10 positions to 112th, out of 159 countries and territories, as it “fared badly” across categories including legal system and regulation, according to the Economic Freedom of the World: 2016 Annual Report. Although China, Bangladesh and Pakistan lagged behind India at 113th, 121st and 133th ranks respectively, Bhutan (78), Nepal (108) and Sri Lanka (111) were Read More

The government has slashed prices of 10 more drugs while bringing eight new medicines, including paracetamol, under price control for the first time in its bid to cap cost of over 800 plus formulations to make them affordable. Drug price regulator NPPA has reduced the prices of ten drugs, including of anti-coagulant enoxaparin and anti- epilepsy drug carbamazepine, in the Read More

Bogged down by rising non-performing assets, State Bank of India (SBI), the country’s largest lender, on Thursday reported a 25.9 per cent decline in its advance tax payment for Q2 FY17. The bank paid Rs 1,200 crore (Rs 12 billion) as advance tax, compared with Rs 1,620 crore (Rs 16.20 billion) in the corresponding period last year. Private lender ICICI Read More

Events such as the merger of Reliance Communications (R-Com) and Aircel, entry of Reliance Industries via the launch of its telecom venture – Reliance Jio (RJio) – with its aggressive tariff structure, upcoming spectrum auction, issues related to call drops and points of interconnect have kept the sector buzzing over the past few months. However, that has not been the Read More

India has emerged as one of the world’s fastest growing import markets for Scotch whisky, a trade body said, on Friday, while seeking urgent help from the UK government to bring down India’s “exorbitant” 150 per cent customs duty on liquor. The Scotch Whisky Association (SWA) revealed the amount of Scotch whisky sold overseas increased for the first time since Read More

After indicating  in July that it would take legal action against the Advertising Standards Council of India (ASCI), the country’s apex regulatory body for advertising, Patanjali Ayurved, founded by ‘Baba’ Ramdev and his deputy Balkrishna, has petitioned the high court in Mumbai. On August 19, the Haridwar-based company filed a defamation suit and a notice of a motion seeking interim Read More

The GOOD IMAGE: Amy Jackson took street style to a new level! Putting on a fiery red bomber jacket from Adidas with a white tank top underneath and a pair of patchwork jeans from Koovs, she rocked the saucy look. Her braided hair upped the edgy quotient.  Photograph: Kind courtesy Amy Jackson/Instagram IMAGE: Victoria’s Secret model Taylor Hill showed her fans Read More

An old man stares ferociously at a girl in the park. The girl — white Apple earbuds in place, out on a jog, sweaty and out of breath as she does her stretches — stares back, unblinking. She looks wary of the stare but not afraid of it. It is an uncomfortable moment with the starer boring a hole with Read More