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With focus on NRC, CAA, govt wants to implement Hindu Rashtra: Chidambaram

With focus on NRC, CAA, govt wants to implement Hindu Rashtra: Chidambaram

Senior Congress leader P Chidambaram slammed the BJP on Thursday, saying with a focus on the National Population Register, Citizenship Amendment Act and a countrywide NRC, it wants to somehow implement its Hindu Rashtra project.

Speaking at a programme, organised by a Left-backed outfit, he also criticised the IIT Madras director over a German student, Jacob Lindenthal, being asked to leave the country allegedly because he had taken part in a protest against the CAA.

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups.

This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the ‘India Tech Annual Factsheet - 2019’ compiled by data analytics firm Tracxn.

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

A stock swap offer to help shareholders of billionaire Mukesh Ambani’s unlisted retail business monetize their investment has valued the unit at $34 billion.

Share owners in Reliance Retail Ltd. can exchange four shares for one of its listed parent Reliance Industries Ltd., according to a so-called scheme of arrangement posted on the group’s website.

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

Manappuram Finance Ltd on Thursday said it plans to raise up to Rs 350 crore through issuance of non-convertible debentures on private placement basis.

The financial resources and management committee of the board of directors of the company on Thursday approved the issuance of rated, secured, redeemable non-convertible debentures having face value of Rs 10 lakh each for the amount of Rs 350 crores, Manappuram Finance said in a regulatory filing.

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

The Department of Telecom will soon seek sector regulator Trai's recommendations on pricing and other modalities for coveted 5G bands of 24.75-27.25 GHz, and wants to put this new spectrum up for auction sometime next year, sources said.

This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on December 20, under which 8,300 MHz of airwaves across 22 circles are set to be put on block in March-April 2020.

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Shares of Jet Airways (India) were locked in 5 per cent upper circuit for the seventh straight day at Rs 28.25 on the BSE on Thursday as the creditors of the shuttered airline decided to seek fresh initial bids for the airline. The stock is trading at its highest level since September 30, 2019.

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday.

Centre should fix major loopholes in OCI card, says Indian-American activist Prem Bhandari

Centre should fix major loopholes in OCI card, says Indian-American activist Prem Bhandari

Following dozens of Indian-Americans facing difficulties at airports while travelling from the US to India over provisions in the OCI, an eminent Indian-American activist has said that the card should not be considered as “a multi-purpose lifelong visa” and demanded the Indian government fix major loopholes in it. Under the provisions of the OCI card, which gives the cardholder lifelong visa to India, those below 20 years and above 50 years need to renew their OCI card every time they have their passport renewed.

Vaughan calls ICC rankings 'absolute garbage' over England, NZ's position

Vaughan calls ICC rankings 'absolute garbage' over England, NZ's position

Former England captain Michael Vaughan has slammed the International Cricket Council's ranking system, terming it as absolute garbage.

India are currently ranked number one in ICC Test team rankings, followed by New Zealand, South Africa, England and Australia.

16 dead as typhoon Phanfone wreaks havoc on Christmas in Philippines

16 dead as typhoon Phanfone wreaks havoc on Christmas in Philippines

A typhoon that swept across remote villages and popular tourist areas of the central Philippines on Christmas Day claimed at least 16 lives, authorities said Thursday.

Typhoon Phanfone, with winds of 195 kilometres (120 miles) an hour, tore roofs off houses and toppled electric posts as it cut across the Philippines on Wednesday.

Housing sales in 2019 rise 6% to 46,920 units in Delhi-NCR, says Anarock

Housing sales in 2019 rise 6% to 46,920 units in Delhi-NCR, says Anarock

Housing sales in the national capital region went up by 6 per cent to 46,920 units during 2019 on higher demand for affordable homes and completed flats, according to property consultant Anarock. Prices in Delhi-NCR remained stagnant at nearly ~4,600 per sq ft, while unsold inventories fell by 6 per cent to 1,75,079 units from 1,86,714 units.

Across seven major cities, sales rose by 5 per cent to 2,61,370 units in 2019 compared to 2,48,310 units in the previous year. Sales dropped by 22 per cent in the second half of this year to 1,47,120 as against 1,14,250 units during January-June period this year.

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