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Coronavirus pain for Chinese mobile handset makers may be Samsung's gain

Coronavirus pain for Chinese mobile handset makers may be Samsung's gain

As China reels from the coronavirus epidemic, Korean mobile phone maker Samsung seems to be recovering some of the lost ground.

While the outbreak has forced most leading brands like Apple, Xiaomi, Oppo, Vivo, and Realme to rework their launch dates and pricing strategies, Samsung, which struggled to maintain its hold over the market last year, has taken the lead.

UK launches points-based visa system to attract best talent of the world

UK launches points-based visa system to attract best talent of the world

Home Secretary Priti Patel on Wednesday announced the launch of the UK's new points-based visa system, aimed at attracting the brightest and the best from the world, including from India, and cutting down numbers of cheap, low-skilled workers coming to the country.

The new system will come into force from January 1 2021 at the end of the transition period after the UK's exit from the European Union (EU) last month, which will formally end free movement of people within the economic bloc for the UK as a non-member.

26/11 would have been dubbed as 'Hindu terror' attack: Maria

26/11 would have been dubbed as 'Hindu terror' attack: Maria

Former Mumbai police commissioner Rakesh Maria has claimed that had Pakistani terrorist Mohammed Ajmal Kasab not been caught alive, the 26/11 Mumbai terror attack would have been dubbed as the handiwork of Hindu terrorists.

Kasab's body would have been found with an I-card bearing a fictitious Hindu name, Maria writes in his memoir 'Let Me Say It Now' released recently.

Ayodhya Ram Temple: First meeting of Ram Mandir Trust at Parasaran’s Delhi residence today

Ayodhya Ram Temple: First meeting of Ram Mandir Trust at Parasaran’s Delhi residence today

The first meeting of the Ram Mandir Trust to oversee construction of a Ram temple at Ayodhya will be held here on Wednesday at the Delhi residence of K Parasaran, the head of the Trust. The Trust has been constituted by the Narendra Modi government.

The trust meeting is likely to finalise the date to start construction of the Ram Temple. Modi had announced the formation of the 15-member trust in Parliament on February 5. The Shri Ram Janmabhoomi Teertha Kshetra Trust has seven members, five nominated members and three trustees.

Hyderabad: UIDAI sends notice to 127 people to prove 'Indian citizenship'

Hyderabad: UIDAI sends notice to 127 people to prove 'Indian citizenship'

The Unique Identification Authority of India (UIDAI), that issues Aadhar cards, has asked at least 127 people in Hyderabad to prove their 'Indian citizenship'. In a notice, the authority has warned that their Aadhar cards will be cancelled if they don't verifiy their enrolment documents in person.

On Tuesday, a rickshaw driver named Sattar Khan was asked to appear before a UIDAI official on February 20 “with all necessary documents in original to prove all his claims of Indian citizenship”. The letter went viral on social media.

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Private sector lender Kotak Mahindra Bank on Wednesday informed stock exchanges that the Reserve Bank of India (RBI) has given its final approval to the bank’s proposal on stake reduction in the bank and capping the promoters’ voting rights.

Further to our intimation dated 30th January 2020, please note that the Reserve Bank of India has granted its final approval vide its letter dated February 18, 2020 in the matter relating to dilution of promoters' shareholding in the bank, the bank said.

Bandhan Bank declines 3%, hits fresh 52-week low; down 37% from Oct high

Bandhan Bank declines 3%, hits fresh 52-week low; down 37% from Oct high

Shares of Bandhan Bank were trading lower for the third straight day, slipping 3 per cent intra-day to hit its 52-week low of Rs 411, on the BSE on Wednesday. The stock of the private sector lender was trading at its lowest level since February 5, 2019.

In the past three months, Bandhan Bank has underperformed the market by falling 27 per cent, as compared to a 2 per cent rise in the S&P BSE Sensex. It has slipped 37 per cent from its 52-week high level of Rs 650, touched on October 29, 2019.

Saving 'big trade deal with India' for later, says Trump ahead of visit

Saving 'big trade deal with India' for later, says Trump ahead of visit

US President Donald Trump has said he is saving the big deal with India for later and he does not know if it will be done before the presidential election in November, clearly indicating that a major bilateral trade deal during his visit to Delhi next week might not be on the cards.

We can have a trade deal with India. But I'm really saving the big deal for later, he told reporters at Joint Base Andrews Tuesday afternoon (local time).

IRCTC scales fresh record high; zooms 445% against issue price

IRCTC scales fresh record high; zooms 445% against issue price

Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the online ticketing, tourism and the catering arm of railways, hit a new high of Rs 1,743, up 6 per cent on the BSE on Wednesday.

In the past two trading days, it has rallied 15 per cent ahead of the commercial run of Kashi Mahakal Express, the third train operated by it, from Thursday, February 20. The stock was trading at its highest level since listing on October 14, 2019.

Uttar Pradesh govt provides Rs 2,000 crore for new airport at Jewar

Uttar Pradesh govt provides Rs 2,000 crore for new airport at Jewar

The Uttar Pradesh government on Tuesday set aside Rs 500 crore for an airport in Ayodhya and Rs 200 crore for the beautification of Varanasi's Kashi Vishwanath temple in a Budget that is also big on road and Metro rail projects.

The Budget presented in the state Assembly by Finance Minister Suresh Kumar Khanna provides Rs 2,000 crore for the new airport project at Jewar near Delhi.

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