The hearing on businessman Vijay Mallya’s extradition from the United Kingdom has been deferred to June 13, Britain’s Crown Prosecution Service (CPS) has said.

The CPS will be arguing on behalf of the Indian authorities when the extradition case comes up for hearing at the Westminster Magistrates’ Court in London on June 13. The hearing was earlier scheduled for May 17.

Idea Cellular Ltd, India's third-biggest telecoms operator, posted its second straight quarterly loss after a rival carrier's free services hit sales and eroded margins.

The free offerings of Reliance Industries' telecoms venture Jio, which started operations late last year, have sparked a fierce price war in the world's second biggest mobile phone market, forcing rivals such as Idea to launch cheap service plans.

Private sector lenders might have substantially under-reported their bad loans, the ensuing provisions and their impact on net profit in FY16, disclosures mandated by the Reserve Bank of India (RBI) revealed. YES Bank, for instance, on Friday said it had under-reported gross non-performing assets (NPAs) to the tune of `4,177 crore in FY16. According to its FY17 annual report, while the bank had reported gross NPAs of Rs 749 crore in FY16, the RBI supervision found the gross NPAs to be at `4,926 crore in the same period.

A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the US National Security Agency hit international shipper FedEx, disrupted Britain's health system and infected computers in nearly 100 countries on Friday.

Cyber extortionists tricked victims into opening malicious malware attachments to spam emails that appeared to contain invoices, job offers, security warnings and other legitimate files.

Two civilians have been killed as Pakistan Army continued its unprovoked ceasefire violation in Nowshera sector of Jammu and Kashmir on Saturday, to which the Indian troops are giving a befitting reply.

Three civilians has been injured, and have been rushed for immediate treatment. 'Pakistani Army initiated indiscriminate firing of small arms, automatics, 82 mm and 120 mm mortars from 0715 hours along the Line of Control (LC) in Naushera sector," said an official statement.

India has become a land of software developers with the country accounting for the third largest number of such professionals, a senior Microsoft official has said.

Driven by immense opportunities that the Indian government's digitisation programme has offered and the fact that it opens up a new vista of more than a billion plus market inside the country, there is a new level of enthusiasm and confidence among the Indian developers community, said Narendra Bhandari, GM Developer Group in India, Microsoft.

Industry body Nasscom on Friday sought to allay fears of mass layoffs in the Indian IT sector and claimed the industry continues to be a "net hirer" with over 1.5 lakh people being employed on net basis every year.

Stating that the reports of mass layoffs were incorrect, it said workforce realignment, linked to performance appraisal processes, is a regular feature every year.

The South Korean government on Friday ordered car makers Hyundai and Kia Motors to recall about 2,40,000 cars, after a tip off from a whistleblower, the media reported.

It is the first time the country's government has issued a compulsory vehicle recall, reports the BBC.

New Delhi, May 12 (PTI): The Supreme Court Friday said the practice of triple talaq divorce was the worst and not a desirable form of dissolution of marriages among Muslims, even though there were schools of thought that termed it as legal.

There are “schools of thought [which] say that triple talaq is legal, but it is the worst and not desirable form for dissolution of marriages among Muslims,” a five-judge constitution bench, headed by Chief Justice J.S. Khehar, said on the second day of continued hearing on the matter.

State Bank of India (SBI), the country’s largest lender, has decided to impose a charge of ₹25 per transaction for cash withdrawals, irrespective of the amount, from its wallet — SBI Buddy — through automated teller machines from June 1.

As of now, this feature is not there in the ATM, but SBI will shortly introduce this service.

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