NEW DELHI: Mobile industry body COAI today raised red flag over Trai's new rules on curbing pesky calls and messages saying tailoring of systems, and use of blockchain technology will involve Rs 200-400 crore investment and 18 months for the roll out, at a time when the sector is financially-stressed.

Microsoft’s recently launched portable and affordable surface tablet “Surface Go” is now shipping. Starting at $399, the “Surface Go” features integrated kickstand, Windows 10 and a similar design to the Surface Pro.

“The Surface Go, Microsoft’s latest 2-in-1, is now shipping. It has all the hallmarks of a Surface tablet — magnesium casing, fully adjustable kickstand, Windows Hello-compatible camera, and a keyboard connector,” The Verge reported on Thursday.

Amazon.com founder Jeff Bezos is racing to pull his private space company out of start-up mode and move into production amid signals that his firm’s heavy rocket set for lift-off in 2020 may slip behind schedule, according to people familiar with the project.

Indian Oil Corp (IOC) sold a naphtha cargo from its Paradip refinery this week, four traders that participate in the market said on Friday, in what was likely the first sale since May 2017.

IOC sold up to 30,000 tonnes of naphtha on late Thursday in two separate cargoes for second-half August loading from Paradip to a trading house at discounts of about $14 a tonne to its own price formula on a free-on-board (FOB) basis, the traders said.

Over 60,000 retail petrol pump and hundreds and thousands of small and big transporters, bulk users and diesel-consuming industries will soon be able to hedge the price risk in petrol and diesel, as Sebi is in final stages of allowing futures in these two commodities.

ICEX, the third largest Commodity Exchange, has urged the regulator to allow futures trading in petrol and diesel.

New Delhi: Newly appointed ICICI Bank chairman Girish Chandra Chaturvedi has assured shareholders that he would give top priority to upholding the best governance practices as the bank facing controversies involving CEO Chanda Kochhar.

Chaturvedi hopes uncertainties would be resolved at the earliest.

Switzerland's highest court has allowed tax authorities to turn over bank account details of two Indian citizens who had fought the release on the grounds that India's request for assistance in a tax-dodging probe arose from stolen bank data.

The case involved information leaked by whistleblower Herve Falciani, a French citizen who worked for HSBC's Swiss private bank and in 2008 disclosed details on thousands of clients he suspected were using accounts to evade tax.

Opposing Reliance Communications’ (RCom) plea for quashing of the insolvency proceedings initiated against it and its two subsidiaries, telecom equipment manufacturer Ericsson India on Thursday urged the Supreme Court not to do so till the former paid Rs 500 crore as mutually agreed between them.

The port blockages reflect the inability of India’s infrastructure to cope with an expanding economy and consumption. Freight and passenger trains jostle for space on the same tracks, and goods carriers often have to make way for passenger traffic, prolonging the turnaround time for carriages to haul coal, the mainstay of power generation in the country.

India’s most profitable telecom company, with the country’s largest 4G customer base, has tied up with its largest bank, paving the way for creating India’s biggest digital bank with shopping and entertainment thrown in.

While SBI has over 42 crore customers, it has just 2.5 million on its online app YONO (You Only Need One app); all of RJio’s 23 crore customers are on its MyJio app which will now be seamlessly integrated with YONO.

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