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Supreme Court junks PIL against LIC

Supreme Court junks PIL against LIC

The Supreme Court on Monday refused to entertain a public interest litigation (PIL) that sought to drag the country's biggest insurer – Life Insurance Corporation (LIC) into the dock for allegedly selling five crore policies of Jeevan Saral under a false promise of higher returns.

Air India links Indore to Dubai with direct flight

Air India links Indore to Dubai with direct flight

Air India today linked Indore with Dubai with a non-stop flight, fulfilling a long-standing desire for a direct flight to the Gulf from the travel fraternity and tourists.

From Indore, Air India is operating a 162-seater A320neo aircraft, which will fly 3 times a week directly to Dubai on every Monday, Wednesday and Saturday.

Amazon workers on strike over poor working condition in US on 'Prime' day

Amazon workers on strike over poor working condition in US on 'Prime' day

Amazon workers walked out of a main distribution center in Minnesota on Monday, protesting for improved working conditions during the e-commerce titan's major "Prime" shopping event.

Amazon workers picketed outside the facility, briefly delaying a few trucks and waving signs with messages along the lines of "We're human, not robots."

Ashok Leyland dips 4% on closing Pantnagar plant due to weak demand

Ashok Leyland dips 4% on closing Pantnagar plant due to weak demand

Shares of Ashok Leyland dipped up to 4 per cent to trade at Rs 82.10 per share in the early morning deals on Tuesday after the company announced closure of its Pantnagar plant due to weak demand and outlook for the industry.

In a regulatory filing, the heavy vehicle manufacturer said that the plant will remain closed between July 16 and July 24.

RBI slaps Rs 7-crore penalty on SBI for violating various regulatory norms

RBI slaps Rs 7-crore penalty on SBI for violating various regulatory norms

The Reserve Bank of India (RBI) has imposed a penalty of Rs 7 crore on State Bank of India (SBI) for non-compliance with regulatory norms such as income recognition and asset classification (IRAC) and sharing information. This is one of the highest penalty amounts on any bank in the recent past.

Infosys gets a thumbs up from the Street; stock ends at record high

Infosys gets a thumbs up from the Street; stock ends at record high

Shares of Infosys rose 7.2 per cent to end at Rs 780, an all-time high, after the firm raised revenue growth forecast for FY20.

Most analysts have raised their 12-month price target for the stock, hoping for increased payouts to shareholders. Analysts, however, say rising employee attrition remains a key risks, given the strong demand. Citibank said the valuation gap between Infosys and TCS would narrow further.

Air India pilot grounded for three months after failing alcohol test

Air India pilot grounded for three months after failing alcohol test

New Delhi: An Air India pilot has been grounded for three months after he tested positive in a pre-flight breath analyser (BA) test here on Saturday.

The pilot wanted to fly as a passenger from Delhi to Bengaluru. Since the flight was full, he requested to fly in the cockpit as an additional crew member.

Amazon’s $700 million training pledge is actually a bargain

Amazon’s $700 million training pledge is actually a bargain

New York: Amazon.com Inc. is amazing at turning mundane corporate management decisions into global news events.

Many retailers host annual sale events. But Amazon “celebrates" Prime Day. Many chief executives write notes to their shareholders. But Jeff Bezos pens annual letters with “lessons" and “principle themes" and “important words" to behold. Many companies open satellite offices.

Suzuki’s next electric vehicle in India could be based on Ertiga

Suzuki’s next electric vehicle in India could be based on Ertiga

NEW DELHI: Suzuki Motor Corp. plans to tap the popular multipurpose vehicle Ertiga to build its second electric vehicle for India, said two people directly aware of the development, as global automakers accelerate efforts to sell more eco-friendly vehicles in a country that is home to some of the world’s most polluted cities.

NZ vs ENG: Cricket World Cup 2019 | Kiwi fans on the outer for thrilling cricket finale

NZ vs ENG: Cricket World Cup 2019 | Kiwi fans on the outer for thrilling cricket finale

New Zealand cricket fans watched the Black Caps succumb to England in a nerve-shredding Cricket World Cup final Monday, but the country's sports bars were closed as the match reached its climax.

The match was played in the dead of night in New Zealand, starting at 10:15 pm on Sunday and ending around 6:30 am on Monday when the Black Caps lost in the final ball of an extra-time Super Over.

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