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More than 11 lakh railway employees to get 78 days wage as bonus, approves Cabinet

More than 11 lakh railway employees to get 78 days wage as bonus, approves Cabinet

In a big decision approved by the union cabinet, more than 11 lakh railways employees will get 78 days wage as bonus.

Union Minister for Information and Broadcasting, Prakash Javadekar announced the government's decision.

Amazon sets up its third-largest India warehouse in Bhiwandi

Amazon sets up its third-largest India warehouse in Bhiwandi

E-marketplace operator Amazon India has added one more fulfilment centre (FC) taking the total to seven such facilities in the extended suburbs of Thane, Mumbai. Located in the Bhiwandi warehousing hub, the new unit spread across 2.7 lakh square feet (1.5 million cubic feet storage space)

Govt bans e-cigarettes, offenders to face one-year jail term for first violation

Govt bans e-cigarettes, offenders to face one-year jail term for first violation

The cabinet on Wednesday banned production and import of electronic cigarettes (e-cigarettes), a step taken in the interest of public health.

Finance Minister Nirmala Sitharaman in a media briefing said that an ordinance will be passed to ban the products, which the government believes will advance tobacco control efforts in the country

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

The Securities and Exchange Board of India (Sebi) on Tuesday debarred Gautam Thapar, the ousted chairman of fraud-hit CG Power and Industrial Solutions, from accessing the capital market for a number of alleged irregularities, including diversion of money.

GST Council unlikely to back tax cuts for automobile sector: Reports

GST Council unlikely to back tax cuts for automobile sector: Reports

The goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as Rs 50,000 crore ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%.

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC recruitment 2019: The Life Insurance Corporation (LIC) of India has released the recruitment notification for 8,000 posts of LIC assistants on its official website licindia.in. LIC has invited onlineThe selection process will be based on two computer-based tests (CBT) after which they will undergo a pre-recruitment medical examination. Candidates should apply for one LIC division only as multiple applications can be rejected.

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

An unmanned aerial vehicle (UAV) belonging to the Defence Research and Development Organisation crashed during a trial in an agriculture field in Chitradurga district on Tuesday, a video of which has gone viral.

However, no casualties were reported.

Not a good idea to break up biggest US tech companies, says Bill Gates

Not a good idea to break up biggest US tech companies, says Bill Gates

Bill Gates, who knows a thing or two about antitrust investigations, doesn’t think it’s a good idea to break up the biggest U.S. tech companies as some politicians have suggested.

The Microsoft Corp. co-founder and former chief executive officer battled the Justice Department for years in the late 1990s in a bruising antitrust case. At issue was the software giant’s bundling of its Internet Explorer browser to Windows as a way to maintain its dominance in PC operating systems. Ultimately Microsoft remained intact.

TRAI seeks views on maximum duration for phone calls to ring

TRAI seeks views on maximum duration for phone calls to ring

New Delhi: Telecom regulator Trai has sought the industry's views to discover appropriate duration for a call to ring in a bid to ensure optimal usage of network and spectrum resources.

Telecom Regulatory Authority of India's (Trai) latest discussion paper on 'Duration of alert for the called party' will also explore the "possibility of customisation of ringing duration" by the phone users, according to a statement.

Amazon sees 50 per cent more sales this year

Amazon sees 50 per cent more sales this year

New Delhi: Braving the slowdown in consumption demand, e-commerce major Amazon India is eyeing 50 per cent more sales in the festive season this year. The company, which is starting its mega festive sale from September 29 to October 4, is expected to showcase lakhs of products in various categories, including 5,000 products in large appliances and furniture categories.

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