Three army officers were killed and a Junior Commissioned Officer (JCO) was critically injured on Wednesday when a Cheetah helicopter crashed at Sukna Military Base near Siliguri in West Bengal.

The crash took place around 11.45 am when the officers were on a routine mission. Just when it was about to land near the helipad inside the base, it crashed leaving the pilot and two co-pilots dead. The deceased officers are - Major Sanjeev Lathar, Major Arvind Bazala and Lt. Col Rajneesh Kumar.

Congress vice-president Rahul Gandhi on Wednesday accused the government of helping black money hoarders with the amendment to the income tax law, saying half of the unaccounted cash would now be returned to them.

The government has given 50 per cent of the black money back to hoarders again, he said outside Parliament.

MUMBAI: The benchmark BSE Sensex surged over 90 points in early trade today, extending its rally to the fourth straight session on continued buying by domestic institutional investors amid expectations of positive GDP data to be released later in the day.

The 30-share index was trading higher by 90.06 points or 0.34%, to 26,484.07 with the sectoral indices led by healthcare, consumer durables, realty, oil & gas and PSUs trading higher.

With the Reliance Jio Infocomm (Jio) giving free 4G SIM cards and launching affordable 4G-enabled smartphones to connect the next billion, India is set to lead the 4G revolution, the International Data Corporation (IDC) said on Wednesday. Worldwide 4G smartphones are expected to show double-digit uptake at 21.3 per cent Year-on-Year growth for 2016 to reach 1.17 billion units — up from 967 million in 2015.

“We are quickly seeing this change in key growth markets like India where new operator Reliance Jio is aggressively trying to shake up the market by handing out free 4G SIM cards and launching own-branded low-cost 4G-enabled smartphones,” said Melissa Chau, Associate Research Director, IDC’s “Worldwide Quarterly Mobile Device Trackers”, in a statement.

Microsoft has announced some versions of the PowerPoint presentation will get some new features including real-time collaborative editing. This means that two or more people can pitch in at the same time into a document, all at once and the changes made will be seen and shared with everyone. This new feature for PowerPoint was made available in MS Word in 2015 itself, before which it was present in the MS Office Online. Microsoft is essentially backing up its promise made last year, of announcing the real-time collaborative editing feature on all of its desktop applications.

The Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 10 lakh on Franklin Templeton Mutual Fund for forming an 'informal group' as investment committee.

The regulator has said the panel breached the MF regulations. It did an inspection during July to October 2015 and decided the committee breached a Sebi circular of 2002. Further, the committee had included an international chief investment officer (CIO), based outside India, which didn't meet with the requirements under 1996 regulations.

New Delhi: The aggressive competition in the telecom industry with entry of Reliance Jio Infocomm Ltd and spectrum sale in auctions have fuelled revenues for tower industry.

“Spectrum auction and competition in the industry are bringing in more work for us,” said Bimal Dayal, chief executive, Indus Towers.

New Delhi: Prime Minister Narendra Modi on Tuesday directed all Bharatiya Janata Party (BJP) parliamentarians and legislative assembly members to submit their bank transaction details from 8 November to 31 December to party president Amit Shah on 1 January 2017.

At BJP’s parliamentary party meeting on Tuesday, the prime minister told BJP parliamentarians that changes introduced in the bill to amend the Income Tax (I-T) Act will help in using money looted from the poor for their welfare.

Idea Cellular was up 5% to Rs 79.70 on the National Stock Exchange (NSE) in intra-day trade on reports that the Aditya Birla Group's telecom major has put on block 100% stake in its tower arm.

The Exchange has sought clarification from Idea Cellular with respect to news article appearing on Moneycontrol.com on November 29, 2016 titled "Idea Cellular plans to sell 100% in tower arm for $1 billion,” the NSE said in a statement.

State-owned Bharat Sanchar Nigam Ltd (BSNL) has reported nearly six-fold jump in operating profit during 2015-16 at Rs 3,855 crore from Rs 672 crore in the preceding fiscal, while revenue from operation turned out to be highest in the last five years.

BSNL's revenue from operation rose 4.4 per cent to Rs 28,449 crore during financial year ended March 2016, sources told PTI citing the latest audited financial statement of the telecom corporation placed at the AGM last week.

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