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Death of printed bills? BSNL moves to make e-bills default option for customers

Death of printed bills? BSNL moves to make e-bills default option for customers

State-owned Bharat Sanchar Nigam Ltd (BSNL) has asked the telecom regulator TRAI to allow it to issue e-bills or soft copy of phone bills to its customers as a default option, unless a subscriber specifically “opts out” of the mode and insists on a printed version. The telecom regulator is likely to come out with a discussion paper in a month or two, seeking public view on the issue of generation of soft bills by default, a Telecom Regulatory Authority of India (TRAI) official familiar with development told PTI.

Sensex sheds 159 pts on weak global cues, profit-booking

Sensex sheds 159 pts on weak global cues, profit-booking

The BSE Sensex fell 159 points to end at 35,264.41 today on profit booking in recent gainers led by metal, power and infrastructure stocks amid weak global cues.

The NSE Nifty also slumped below the 10,700-mark, weighed down by Bharti Airtel, NTPC, HUL, Adani Ports, RIL, ONGC, Adani Ports and HDFC Bank.

ITC to add 2,500 rooms in 5 years, to invest Rs 25 billion in logistics

ITC to add 2,500 rooms in 5 years, to invest Rs 25 billion in logistics

ITC Limited on Monday said it planned to add 2,500 rooms to its hotel segment to take the total inventory to 12,000 in five years from 9,500 now, even as the diversified group mulls foraying into the healthcare space.

Sanjiv Puri, ITC Managing Director, said the company would invest Rs 25 billion in the next two to three years in Telangana, among others,to set up an integrated consumer goods manufacturing unit and logistics facility and for the capacity augmentation and efficiency of Bhadrachalam Paperboard.

Bajaj Auto on the fast track as sales jump 65% to 4,04,429 units in June

Bajaj Auto on the fast track as sales jump 65% to 4,04,429 units in June

Bajaj Auto on Monday reported a 65 per cent jump in total sales to 4,04,429 units for June.

The company had sold 2,44,878 units in the same month a year ago.

Its motorcycle sales also increased by 65 per cent to 3,37,752 units as against 2,04,667 in June last year, Bajaj Auto said in a BSE filing.

Mahindra tractor sales up 22% to 40,529 units in June over year-ago period

Mahindra tractor sales up 22% to 40,529 units in June over year-ago period

Home-grown auto major Mahindra and Mahindra (M&M) on Monday reported 22 per cent rise in total tractor sales to 40,529 units in June.

It had sold 33,093 units in June last year.

COAL INDIA PRODUCTION REACHES 44.88 MT IN JUNE, MISSES TARGET BY 7.9MT

COAL INDIA PRODUCTION REACHES 44.88 MT IN JUNE, MISSES TARGET BY 7.9MT

State-owned Coal India on Sunday said it produced 44.88 million tonnes (MT) of the dry fuel in June, missing the target by 7.9 MT.

The production target for the PSU for the month of June was 52.79 MT, Coal India Ltd (CIL) said in a filing to BSE.

TRAI FINES JIO, AIRTEL, IDEA, VODA FOR NOT MEETING SERVICE QUALITY

TRAI FINES JIO, AIRTEL, IDEA, VODA FOR NOT MEETING SERVICE QUALITY

Keeping its vigil on service quality in the sector, Trai has imposed penalties on leading operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular, for failing to meet various Quality of Service benchmarks in the December quarter, according to a source.

Around Rs 31 lakh fine has been imposed on Reliance Jio, the newest entrant in the telecom sector whose aggressive offerings have led to a bruising tariff war in the market.

Air India doubles gratuity ceiling amount of employees

Air India doubles gratuity ceiling amount of employees

Mumbai: Cash-strapped national carrier Air India has doubled the gratuity ceiling amount of its employees from Rs 10 lakhs to Rs 20 lakhs.

An Air India letter dated on June 26, said, "It has been decided to implement the enhancement of gratuity payable to employees under Payment of Gratuity Amendment Act 2018,

NHAI to buy back 20 roads projects for 8,200 crore

NHAI to buy back 20 roads projects for 8,200 crore

New Delhi: The National Highways Authority of India (NHAI) will buyback 20 National Highway and another 19 state highway projects totalling about 3,160 kilometers which are managed by private players. The projects that have been identified include the much-delayed Muzaffarnagar-Haridwar and Ambala-Chandigarh stretches in north India and Tada-Nallore highway in Andhra Pradesh and Salem-Namakkal in Tamil Nadu.

Amazon Web Services Cloud helping researchers make sense of genomics data

Amazon Web Services Cloud helping researchers make sense of genomics data

When it comes to genome analytics, data may run in petabytes (PB is 1,000 terabytes). Keeping this data stored in Cloud is paramount and Amazon Web Services (AWS) is helping Genome Institute of Singapore (GIS) achieve that. “We do have a lot of data when we’re studying cancer or heart disease. That’s human data and for that, we have very strong security protocols in place.

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