US principal ally, but Italy 'independent': Minister(23:50) Rome, March 26 (IANS/AKI) Italy views America as its chief ally, but is "an independent country" that will seize new trade opportunities like the multi-billion dollar Belt and Road infrastructure project with China, Industry and Welfare minister Luigi Di Maio said on Tuesday as he began a three-day US visit.
Bomb scare on Mumbai-Singapore flight, F-16s scrambled(23:46) Mumbai/Singapore, March 26 (IANS) Singapore Airlines' Mumbai-Singapore flight landed safely at the Changi Airport on Tuesday, with two F-16s of the Singapore Air Force escorting it, after a call warning that there was a bomb on board.
Court issues summons to PNB ex-CEO, others(22:40) New Delhi, March 26 (IANS) A Delhi Court has issued summons to former Managing Director and Chief Executive Officer (CEO) of Punjab National Bank Usha Ananthasubramanian and 11 other PNB officials in a case related to violations of of the Banking Regulation Act.
India, Croatia agree on global anti-terror response: Kovind(22:32) Zagreb, March 26 (IANS) President Ram Nath Kovind on Tuesday said India and Croatia have agreed to work together to develop a strong global response to defeat and destroy terrorism in all its forms and manifestations, and to seek accountability and action from those responsible for such barbaric acts, an official statement said.
80% of Jet fleet may take to skies by April-end (Lead)(21:40) New Delhi, March 26 (IANS) Nearly 80 per cent of Jet Airways' fleet is likely to be back in operation by the end of April, said Civil Aviation Secretary Secretary Pradeep Singh Kharola after the airline management on Tuesday assured the Ministry that it would re-induct 40 flights into its fleet by the end of next month.
Huawei unveils P30 series with next-gen camera system(21:40) By Subhash Narayan Paris, March 26 (IANS) Chinese telecommunications and consumer electronics manufacturer Huawei on Tuesday launched two industry-first, advanced camera smartphones -- Huawei P30 and P30 Pro.
Can seize Sterling Biotech's OTS amount, ED to banks(21:08) Mumbai, March 26 (IANS) The Enforcement Directorate (ED) on Tuesday warned that it could attach the entire amount of the one-time settlement (OTS) to be paid by the absconding directors of the scam-hit Sterling Biotech Group to the Committee of Banks.
Nutanix opens 2nd customer support centre in India(20:54) Pune, March 26 (IANS) US-headquartered enterprise cloud computing company Nutanix on Tuesday announced opening of a new customer support centre in Pune, the company's second such centre in the country, after Bengaluru.
NCLAT stays DoT notice for RCom's spectrum cancellation(20:48) New Delhi, March 26 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the two notices issued by the Department of Telecom (DoT) to Reliance Communications (RCom) for cancellation of its spectrum licence for delay in payment.
Jet Airways to fly 40 more aircraft by April end(20:04) Delhi, March 26 (IANS) Jet Airways' management on Tuesday informed the Civil Aviation Ministry that it would fly 40 more aircraft by April end and also assured that it would not ground any more aircraft, Civil Aviation Secretary Pradeep Singh Kharola said.
PM Modi weakened all pro-poor schemes: Rahul Gandhi(20:04) Bundi, March 26 (IANS) Congress President Rahul Gandhi on Tuesday accused Prime Minister Narendra Modi of opposing and weakening all schemes that helped the poor, and said his party's newly launched Nyay income guarantee scheme is not a free gift but justice for them.
Mindtree not to buy back shares after L&T open offer (Lead)(19:56) Bengaluru, March 26 (IANS) Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back its shares after infrastructure major Larson and Toubro (L&T) made an open offer to acquire 31 per cent of equity capital for Rs 3,050 crore.
NAG urges SBI for early dues payment to Jet staff(19:26) Mumbai, March 26 (IANS) National Aviators Guild (NAG) General Secretary Captain Tej Sood on Tuesday requested State Bank of India (SBI) Chairman Rajnish Kumar to ensure that Jet Airways' employees get their pending salaries at the earliest.
Asian firms failing on innovation projects: Oracle(19:12) Singapore, March 26 (IANS) Fewer than 20 per cent of innovation-focused projects are coming to life, primarily because of lack of focus and leadership, poor processes and an ongoing resistance to change, an Oracle survey said on Tuesday.
SBI, Ministry devise plan to pay Jet staff: Sources (Lead)(19:12) New Delhi, March 26 (IANS) The new interim management of the cash-strapped airline Jet Airways led by state-run SBI to oversee the daily operations and cash flow on Tuesday drew up a plan in consultation with the Civil Aviation Ministry to address the disbursal of pending salaries of employees, sources said.
Mindtree not to buy back shares after L&T open offer(19:03) Bengaluru, March 26 (IANS) Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back equity shares after infrastructure major Larson and Toubro (L&T) made an open offer to acquire 31 per cent of equity capital for Rs 3,050 crore.
CBI arrests two GST officials for demanding bribe(18:52) Pune, March 26 (IANS) The Central Bureau of Investigation has arrested two superintendents posted at the GST (goods and services tax) office, here on Monday, for accepting bribe, the CBI said on Tuesday.
SBI chalking out plan to pay Jet employees: Sources(18:40) New Delhi, March 26 (IANS) The new interim management of the cash-strapped airline Jet Airways led by state-run SBI to oversee the daily operations and cash flow on Tuesday drew up a plan in consultation with the Civil Aviation Ministry to address the disbursal of pending salaries of employees, sources said.
Uber to acquire Dubai-based Careem for $3.1 billion(18:16) Dubai, March 26 (IANS) Ride-hailing giant Uber on Tuesday said it is acquiring the Dubai-based rival Careem for $3.1 billion, which will comprise $1.7 billion in convertible notes and $1.4 billion in cash.
L&T to buy 31% Mindtree shares at Rs 5,030 crore (Lead)(18:08) Bengaluru, March 26 (IANS) Infrastructure behemoth Larson & Toubro (L&T) Ltd on Tuesday offered to buy over 5.13 crore shares or 31 per cent of IT major Mindtree's equity stake for Rs 5,030 crore at Rs 980 per share of Rs 10 face value.
Only 2% automotive firms in India implementing AI(18:06) Mumbai, March 26 (IANS) Just two per cent of major automotive companies in India are implementing artificial intelligence (AI) projects compared with 25 per cent in the US and 9 per cent in China, according to the French technology services major Capgemini.