GMR Airports, a subsidiary of G M Rao-led GMR Infrastructure has emerged as the highest bidder for the development, operations and management of Nagpur’s Babasaheb Ambedkar International Airport on a public-private partnership (PPP) basis.

MIHAN India, a joint venture between Maharashtra Airport Development Company (a Government of Maharashtra undertaking) and Airport Authority of India, had in March 2018 sought requests for proposal to privatise the Nagpur airport.

The State Bank of India (SBI) has lowered the ATM cash withdrawal limit to Rs 20,000 a day, from Rs 40,000. According to a report, the lower limit will be effective from October 31, in view of spurt in fraudulent transactions at ATMs and to encourage digital and cashless transactions. “In view of the increase in the number of complaints received by banks around fraudulent transactions at ATMs and to encourage digital and cashless transactions, it has been decided to decrease the cash withdrawal

NEW DELHI: There is good news for those who want to have an iPhone XS or XS Max as Paytm Mall is offering an exchange bonus of Rs 7,000 to prospective buyers in addition to the exchange value of their old phones.

The e-commerce arm of Paytm on Friday announced the availability of the newly-launched iPhone models on its website and mobile app.

Healthcare major Apollo Hospitals Enterprise on Friday said it had received shareholders’ nod to raise up to Rs 500 crore through issuance of non-convertible debentures on a private placement basis.

The company was seeking approval from the shareholders to “offer or invite subscriptions for secured/unsecured redeemable non-convertible debentures

New Delhi/Washington: Data of 50 million Facebook users have been exposed following a massive security breach by unknown hackers, its CEO Mark Zuckerberg said, amid fears that a significant number of the accounts affected could be from India.

The precautionary measure taken by the social media giant has impacted another 40 million users, Zuckerberg said Friday.

Jakarta: Scores of people were killed when a powerful quake and tsunami struck central Indonesia, an AFP photographer at the scene said on Saturday, as rescuers scrambled to reach the stricken region.

Photographs from Palu, home to around 350,000 on the coast of Sulawesi island, showed partially covered bodies on the ground near the shore, the morning after tsunami waves as high as 1.5 metres (five feet) slammed into the city.

New Delhi:The Supreme Court, in a historic verdict on Friday, allowed the entry of women of all ages into the Sabarimala Ayyappa temple in Kerala. Till now, women in the 10-50 age group were denied entry on the ground that they were of menstruating age. The court paved the way for their worship at par with men.

A U.S. trade judge on Friday declined to block the importation of Apple Inc iPhones with chips from Intel Corp, handing a major defeat to Qualcomm Inc in its high-stakes legal dispute with the iPhone maker.

A U.S. International Trade Commission judge said Apple’s phones infringed one Qualcomm patent related to power management technology, but denied the chipmaker’s request for a ban on the import of some iPhones into the United States.

National passenger carrier Air India will deploy its Boeing 747 “Jumbo” aircraft to meet the rising passenger traffic from October 16 to 21.

According to Air India, it will operate the 747 aircraft on Delhi-Kolkata-Delhi and Delhi-Mumbai-Delhi routes.

India’s largest lender State Bank of India is currently reviewing its exposures to non-banking finance companies (NBFCs) and this review is expected to be completed within the next fortnight, a senior bank official said on Friday.

This review process assumes significance as IL&FS, a major infrastructure financing and construction company, has sent shock waves through the country’s NBFC sector when it defaulted on some of its debt obligations in recent weeks.

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