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Hyundai announces partnership with car rental service Revv in India

Hyundai announces partnership with car rental service Revv in India

South Korean automaker Hyundai on Monday announced a partnership with self-drive car-sharing firm Revv in the country.

The partnership entails development of an innovative car sharing service and conducts creative marketing activities in India, the auto major said in a statement.

Benagluru's top developers bid for L&T land in a deal worth Rs 8-10 bn

Benagluru's top developers bid for L&T land in a deal worth Rs 8-10 bn

Top developers in Bengaluru such as Salarpuria Sattva have bid for a land parcel of 14 acres being sold by engineering and construction giant Larsen & Toubro (L&T) in the city, said sources.

The land parcel is estimated to fetch the company between Rs 8 billion and Rs 10 billion. The land has development potential of 4 million square feet, and it could become the largest land deal in south India this year.

South Koreans enter North to briefly unite with families torn by Korean War

South Koreans enter North to briefly unite with families torn by Korean War

Some 180 families torn apart by the 1950-53 Korean War will be temporarily reunited in North Korea starting Monday after the two Koreas renewed exchanges this year following a standoff over Pyongyang's nuclear and missile programmes.

The reunions, the first in three years, will take place in the North's tourist resort on Mount Kumgang, as agreed by North Korean leader Kim Jong Un and South Korean President Moon Jae-in during their first summit in April.

Series of earthquakes rock Indonesia's Lombok island, leaves five dead

Series of earthquakes rock Indonesia's Lombok island, leaves five dead

Multiple earthquakes -- including a powerful and shallow 6.9-magnitude tremor -- have rocked the Indonesian holiday island of Lombok, killing at least five people and setting off fresh waves of panic.

A series of quakes were recorded by seismologists throughout Sunday, the first measuring 6.3 shortly before midday which triggered landslides and sent people fleeing for cover.

Amazon, American Express & Microsoft oppose India's data localisation plans

Amazon, American Express & Microsoft oppose India's data localisation plans

US technology giants plan to intensify lobbying efforts against stringent Indian data localisation requirements, which they say will undermine their growth ambitions in India, sources told Reuters.

US trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.

PM REVIEWS FLOOD SITUATION IN KERALA

PM REVIEWS FLOOD SITUATION IN KERALA

Prime Minister Narendra Modi reviewed today the flood situation in rain-battered Kerala at a high-level meeting in Kochi.

Earlier, there were reports that the prime minister's helicopter could not take-off for an aerial survey of flood affected areas due to bad weather. But, there was no official confirmation from the state and the Union government.

SENSEX SURGES 284 PTS, NIFTY HITS NEW HIGH

SENSEX SURGES 284 PTS, NIFTY HITS NEW HIGH

Benchmark Sensex rebounded by over 284 points to close at 37,947.88 on Friday, while the NSE Nifty finished at a fresh lifetime high on the back of robust gains in FMCG, metal and banking stocks amid positive global cues.

Brokers said sentiment got a lift on uninterrupted buying by domestic institutional investors, while global markets were mixed after the US and China agreed to resume trade talks.

ASHOK LEYLAND BAGS ORDER FOR 300 BUSES FROM BANGLADESH

ASHOK LEYLAND BAGS ORDER FOR 300 BUSES FROM BANGLADESH

Hinduja flagship firm Ashok Leyland on Friday said it had bagged an order from Bangladesh Road Transport Corporation (BRTC) for supply of 300 buses.

The order is for double decker buses which have been procured against a tender under Indian Line of Credit, the company said in a statement.

Amazon’s India chief tells team to turn off work email at night

Amazon’s India chief tells team to turn off work email at night

Bangalore: Amazon’s country manager for India has proposed a radical idea: Log off; get a life. In an email to his team earlier this month, Amit Agarwal counselled colleagues to stop responding to emails or work calls between 6pm and 8am in the interest of “work-life harmony.” He also talked about the importance of work discipline and how to draw the line.

Spectrum price: RCom gets relief from Supreme Court

Spectrum price: RCom gets relief from Supreme Court

The Supreme Court on Friday stayed a telecom tribunal order asking Reliance Communications to pay the difference between the price for spectrum in the 800 MHz band in 2013 and its auction price in 2015, as the company is in the process of selling part of its spectrum to Reliance Jio Infocomm.

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