Business

Over Rs 10 lakh cr invested in telecom sector: COAI

Thu, 05/17/2018 - 19:48

New Delhi, May 17 (IANS) Players in the telecom industry have so far invested Rs 10.4 lakh crore in India, the Cellular Operators Association of India (COAI) said here on Thursday.

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Bajaj Allianz Life Insurance to open 1,000 virtual sales offices

Thu, 05/17/2018 - 19:40

Bhubaneswar, May 17 (IANS) Bajaj Allianz Life Insurance Company, one of the leading private life insurers of the country, on Thursday said it plans to open over 1,000 virtual sales offices spread across the country in next 12-18 months.

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Maharashtra to build 1.5 million affordable homes: Minister

Thu, 05/17/2018 - 19:30

Mumbai, May 17 (IANS) The Maharashtra government plans to build at least one million affordable homes in the Mumbai Metropolitan Region and another half a million across the state, Housing Minister Prakash Mehta said here on Thursday.

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GCX, BMC UK to braodcast royal wedding on Saturday

Thu, 05/17/2018 - 19:14

London, May 17 (IANS) Global Cloud Xchange (GCX) and Broadcast Media Communications (BMC UK) on Thursday announced that they will deliver an end-to-end connectivity solution for the Royal Wedding of Prince Harry and Meghan Markle on Saturday from The Home Park, Windsor, to the studios of international broadcasters ABC News, BBC International and Canadian Broadcasting Corporation (CBC).

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Equity indices tumble as oil nears $80 per barrel (Roundup)

Thu, 05/17/2018 - 18:56

Mumbai, May 17 (IANS) A further rise in global crude oil prices to around $80 per barrel, along with heavy outflow of foreign funds, eroded the initial gains made by the key equity indices as they eventually ended in the red on Thursday.

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Jio announces exclusive partnership with Screenz

Thu, 05/17/2018 - 18:56

New Delhi, May 17 (IANS) Reliance Jio Infocomm on Thursday announced an exclusive partnership for the Indian market with Screenz, the platform for "entertainment-based interactivity".

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DoT issues norms for M2M KYC, allows eSIMs

Thu, 05/17/2018 - 18:14

New Delhi, May 17 (IANS) The Department of Telecommunications (DoT) on Thursday issued a notice asking service providers which are offering Machine-to-Machine (M2M) services to follow Know Your Customers (KYC) norms before issuing SIM cards.

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India's April domestic air passenger traffic up 26%

Thu, 05/17/2018 - 17:56

New Delhi, May 17 (IANS) India's domestic air passenger traffic rose to 1.15 crore in April 2018 -- up 26.05 per cent -- from 91.34 lakh reported during the corresponding month of 2017.

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OnePlus 6 with all-glass design now in India

Thu, 05/17/2018 - 17:00

Mumbai, May 17 (IANS) With the aim to make a dent in the premium smartphone market, Chinese player OnePlus on Thursday launched its flagship OnePlus 6 in India -- a first in the OnePlus' line-up featuring an all-glass design.

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Verizon migrates core IT operations on AWS

Thu, 05/17/2018 - 16:34

San Francisco, May 17 (IANS) Telecommunications giant Verizon has selected Amazon Wed Services (AWS) as its preferred public cloud provider, migrating over 1,000 business-critical applications and database back-end systems to AWS, it was announced on Thursday.

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Rise in oil prices drag equity indices lower

Thu, 05/17/2018 - 16:26

Mumbai, May 17 (IANS) The Indian equity markets ceded their initial gains to close Thursday's trade session in the red as negative global cues like rise in crude oil prices eroded investors risk-taking appetite.

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SEBI warns PNB over late disclosure of Nirav Modi fraud case

Thu, 05/17/2018 - 16:12

Mumbai, May 17 (IANS) Securities market regulator Securities and Exchange Board of India (SEBI) has warned state-owned Punjab National Bank (PNB) over the delay in regulatory disclosures to stock exchanges with regard to the Nirav Modi fraud case.

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Minister blames UPA regime for banking crisis, assures support to banks

Thu, 05/17/2018 - 15:56

New Delhi, May 17 (IANS) Union Finance Minister Piyush Goyal on Thursday laid the blame for the banking sector crisis on the previous UPA government, and said the Modi government will provide every possible support to public sector banks and bring them back on track as quickly as possible.

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