India
All-rounder Stokes added to England's squad for 3rd Test

All-rounder Stokes added to England's squad for 3rd TestLondon, Aug 14 (IANS) The England and Wales Cricket Board (ECB) on Tuesday decided to include star all-rounder Ben Stokes in England's squad for the third Test against India after he was found not guilty of affray. The Bristol Crown Court ruled the 27-year-old not guilty after he was charged with affray following a fracas in Bristol in September 2017. Stokes' teammate Alex Hales was also involved in the incident which took placed outside a nightclub.


Rupee devalues to record low of 70 to a USD; recovers

Rupee devalues to record low of 70 to a USD; recoversMumbai, Aug 14 (IANS) Geo-political pressures, along with outflows of foreign funds and high crude oil prices dragged the Indian rupee to its lowest ever intra-day level of over 70 against a US dollar on Tuesday. "A near 4 per cent intra-day rebound in the Turkish Lira, on the back of talks between NSA from USA and Turkish Ambassador to US, was not enough to prevent the rupee from sliding past 70 handle against the greenback," said Anindya Banerjee, Deputy Vice President for Currency and Interest Rates with Kotak Securities.


Q1 GDP to grow 7.1%, Re to remain under pressure in FY19: Study

Q1 GDP to grow 7.1%, Re to remain under pressure in FY19: StudyNew Delhi, Aug 14 (IANS) India's GDP in the quarter-ended June is likely to record a 7.1 per cent growth on a year-on-year basis, a survey by industry body Ficci showed on Tuesday. The Central Statistical Organisation (CSO) is expected to release the growth numbers for July later this month. The survey was conducted in July among economists representing industry, banking and the financial services sector, the Federation of Indian Chambers of Commerce and Industry (Ficci) said.


Salman to Dharmendra: Celebs WISHES on 72nd Independence Day

Salman to Dharmendra: Celebs WISHES on 72nd Independence DayThis 15th August will mark its 72nd Independence Day in India. For all Indians Independence Day is a day to remember the people who fought with the Britishers and gave up their lives to free our country. Indians across the country hoist the tricolour to mark the day. Many of the Indians, fly kites, sing patriotic songs and exchange sweets to celebrate Independence Day. Salman Khan posted a special message and wrote:


India's YoY exports up 14% in July; trade deficit at $18 bn

India's YoY exports up 14% in July; trade deficit at $18 bnNew Delhi, Aug 14 (IANS) India's exports during July rose by 14.32 per cent to $25.77 billion, from $22.54 billion during the corresponding month of last year, but with imports rising at more than double the pace, the trade deficit for the month widened to over $18 billion, official data showed on Tuesday.


Boxers given warm send-off for Asiad

Boxers given warm send-off for AsiadNew Delhi, Aug 14 (IANS) The 10-member boxing squad along with its support staff were given a warm send-off by the Boxing Federation of India (BFI) here on Tuesday. The dignitaries present on the occasion included DG Sports Authority of India (SAI) Neelam Kapoor, BFI President Ajay Singh, Cdr. "Our boxers have really worked hard, put in months of effort and are battle-ready for the Asian Games.


Lower food prices cool India's July wholesale inflation to 5.09%

Lower food prices cool India's July wholesale inflation to 5.09%New Delhi, Aug 14 (IANS) Lower prices of food items and primary goods decelerated rise in India's annual inflation rate based on wholesale prices to 5.09 per cent in July from 5.77 per cent in June, official data showed on Tuesday, a day after retail inflation for July too softened to 4.17 per cent. The data on the Wholesale Price Index (WPI) furnished by the Commerce Ministry showed that the rate of inflation had increased to 1.88 per cent during the corresponding month in 2017. "Build-up inflation rate in the financial year so far was 2.92 per cent compared with 0.62 per cent in the corresponding period of the previous year," the Ministry said in a statement here.


Virtual loot of Rs 94 crore from Pune bank via ATMs in 28 countries

Virtual loot of Rs 94 crore from Pune bank via ATMs in 28 countriesPune, Aug 14 (IANS) India's banking sector was rudely shaken up after an international gang of hackers siphoned off Rs 94.42 crore from the Cosmos Cooperative Bank Ltd, through multiple ATM swipes in 28 countries worldwide, top officials said here on Tuesday. Milind A. Kale, Chairman of the country's second oldest and second biggest cooperative bank in terms of financial set-up (deposits and advances), promptly assured its 20 lakh account holders in 140 branches across India that their "monies are safe" and not to resort to panic withdrawals. The Cosmos Bank admitted that it was cyber-attacked twice, first on Saturday and again on Monday - with ATM withdrawals taking place in at least 28 countries, leading to a FIR being lodged by a senior official with Chaturshringi Police Station.


Easing wholesale inflation firms up investor sentiment, lifts equity indices

Easing wholesale inflation firms up investor sentiment, lifts equity indicesMumbai, Aug 14 (IANS) After two consecutive days of decline in the Indian equity market, investor sentiments strengthened on Tuesday with the wholesale inflation easing in the month of July.


India's YoY exports up 14% in July; imports rise 29%

India's YoY exports up 14% in July; imports rise 29%New Delhi, Aug 14 (IANS) India's exports during July rose by 14.32 per cent to $25.77 billion from $22.54 billion during the corresponding month of last year, official data showed on Tuesday.


Hasan Minhaj had a blast working with Susanna Fogel

Hasan Minhaj had a blast working with Susanna FogelNew Delhi, Aug 14 (IANS) Indian American Hasan Minhaj had fun working with director Susanna Fogel on "The Spy Who Dumped Me". He says she understands the nuances of comedy and that adds more value to the project.


Now teach Alexa how to speak in Indian languages

Now teach Alexa how to speak in Indian languagesBengaluru, Aug 14 (IANS) Amazon on Tuesday launched a new category of Alexa skills that would enable customers in India help Alexa learn Hindi and other Indian languages. Using the new "Cleo" skill, Amazon allows users to teach Alexa more about Indian languages and culture by interacting with the voice assistant. "During each round, Alexa will ask you to say at least five things in your language.


Collaborative short film made in India, Pakistan

Collaborative short film made in India, PakistanNew Delhi, Aug 14 (IANS) "Matched!", a digital short film collaboration between India and Pakistan, celebrates the Independence Day of both the nations. Indian digital platform Arre joined hands with Pakistan's digital entertainment brand Teeli to co-produce, co-write and co-create the short, filmed across New Delhi and Karachi. What happens when two people who only associate India with Bollywood and Pakistan with Coke Studio, strike a conversation, is what the movie explores.


Hackers siphon Rs 94 crore from Pune's Cosmos Bank via ATMs in 28 countries

Hackers siphon Rs 94 crore from Pune's Cosmos Bank via ATMs in 28 countriesPune, Aug 14 (IANS) The banking sector was rattled again when hackers siphoned off a whopping Rs 94.42 crore from the Cosmos Cooperative Bank Ltd - the second oldest and second biggest cooperative bank in India - to foreign and domestic bank accounts, officials said on Tuesday. Shockingly, the Cosmos Bank admitted that it was "cyber-attacked twice, first on Saturday and again on Monday" - with ATM withdrawals taking place in at least 28 countries, according to an FIR lodged by a senior official with Chaturshringi Police Station. It will submit its report in the next few days regarding the modus operandi of this and the exact amounts involved," Chairman Milind A. Kale told the media.


Travis Scott's 'Astroworld' tops Billboard 200 Chart

Travis Scott's 'Astroworld' tops Billboard 200 ChartLos Angeles, Aug 14 (IANS) Rapper Travis Scott's "Astroworld" has topped the Billboard 200 Chart. "From a critical standpoint, this is perhaps the Album of the Year. Travis Scott has proven himself to be a creative force with this collection of songs and his overall vision for 'Astroworld'," Arjun Sankalia, Director International Music, Sony Music India, said in a statement.


Chahal insists on using the brain more in red-ball cricket

Chahal insists on using the brain more in red-ball cricketNew Delhi, Aug 14 (IANS) Rising leg-spinner Yuzvendra Chahal says "using the brain more" is important while playing red-ball cricket as batsmen tend to attack the bowlers less in the longer format of the game. Chahal, who returned to the longer format after a gap of two years, finished the two-match four-day India A series against South Africa A with four wickets. "It does take a bit of time to adjust because the batsmen don't have a lot of pressure," Chahal was quoted as saying by the International Cricket Council (ICC) website, after the second game in Alur.


Leading musicians come together for Krishnarao Pandit festival

Leading musicians come together for Krishnarao Pandit festivalMumbai, Aug 14 (IANS) In an attempt to celebrate quality and excellence across art forms, Taj Mahal Tea has partnered with Khayal Trust to host the esteemed Krishna Rao Festival this year. The festival will echo performances by renowned classical singers including Neela Bhagwat, Manjusha Patil and Kedia Brothers. Scheduled to be held at the Veer Savarkar Auditorium here on August 16-17, day one of the festival will be dedicated to Tabla maestro Ustad Nizamuddin Khan and day two will pay a tribute to prominent musician, Krishnarao Pandit, said a statement.


Simi Garewal pays tribute to Shashi Kapoor at IFFM

Simi Garewal pays tribute to Shashi Kapoor at IFFMMelbourne, Aug 14 (IANS) Veteran actress Simi Garewal gave a touching tribute to the late "perfect co-star" Shashi Kapoor, with whom she featured in "Siddhartha", which was screened for cinephiles here at the Indian Film Festival of Melbourne (IFFM). "Shashi was my friend and fellow actor and it is very common in India to praise someone after they've gone, but I have always said this that Shashi Kapoor was the perfect co-star. You want someone well-behaved, punctual, who is polite and courteous with everyone and he was exactly like that," Simi said here on Monday.


India's tea production down 4% in June

India's tea production down 4% in JuneKolkata, Aug 14 (IANS) India's estimated tea production fell by around 4 per cent to 142.7 million kg in June from 148.4 million kg produced in the year-ago month, data from the Tea Board India showed on Tuesday. According to the provisional data, tea exports during the January-June period were up by about 4.5 per cent to 112.05 million kg as against 107.19 million kg exported in the year-ago period. Estimated production data suggested that the fall in absolute terms during June was due to a drop in crop production both in north and south India.


Powar appointed India women's cricket coach till World T20

Powar appointed India women's cricket coach till World T20New Delhi, Aug 14 (IANS) Former India off-spinner Ramesh Powar was on Tuesday officially appointed head coach of the women's national team until the ICC World T20 scheduled for November 2018. "The BCCI has appointed Ramesh Powar as head coach of the Indian women's team.


Indian hockey teams leave for Asian Games

Indian hockey teams leave for Asian GamesNew Delhi, Aug 14 (IANS) With their vision set on securing qualification for the 2020 Tokyo Olympic Games, confident Indian men and womens gockey teams on Tuesday left for the 18th Asian Games to be held in Jakarta. While the 18-member women's team will begin their campaign against hosts Indonesia in their opening match in Pool B clash on 19 August, the men's will begin their title defence against Indonesia on 20 August, according to a statement. Speaking about improving their previous performance of Bronze Medal in 2014, women's team captain Rani Rampal said: "We are going into the Asian Games after a strong performance in the FIH Women's World Cup 2018 which has given us a lot of confidence." "Though we were disappointed that we did not make the Semi Final, winning a Gold in the Asian Games will help fade the bitter memories of the World Cup.


Flipkart shuts eBay India operations; to launch new site

Flipkart shuts eBay India operations; to launch new siteBengaluru, Aug 14 (IANS) Leading e-tailer Flipkart on Tuesday shut its eBay India operations, three months after US retail giant Walmart bought a 77 per cent stake in it for $16 billion. Announcing the end of its operations, the eBay India website read: "Sorry, you can no longer transact on eBay.in. Earlier on July 26, eBay India, which allows both businesses and consumers to sell their goods through the site, had asked all its sellers to delist products which were worth less than Rs 250 and more than Rs 8,000.


Equity indices end in green as wholesale inflation eases

Equity indices end in green as wholesale inflation easesMumbai, Aug 14 (IANS) Easing wholesale inflation lifted the key Indian equity indices on Tuesday with the benchmark S&P BSE Sensex rising over 200 points.


I have more freedom in films: Sobhita Dhulipala

I have more freedom in films: Sobhita DhulipalaNew Delhi, Aug 14 (IANS) Actress Sobhita Dhulipala, who paved her way into Bollywood with "Raman Raghav 2.0" and features in Telugu film "Goodachari" which is doing well at the box office, feels she has more freedom in the field of acting than in the world of modelling. "I did modelling, but when I stepped into the field of acting, I felt more empowered and I realised that now I have more freedom with myself," the 26-year-old actress told IANS over the phone from Mumbai. Before entering into films, Sobhita was a model and had won the Femina Miss India 2013 title.


India defers levy of safeguard duty on solar cells

India defers levy of safeguard duty on solar cellsNew Delhi, Aug 14 (IANS) The Indian government will not insist on payment of safeguard duty on import of solar cells for the time being in deference to an interim order passed by the Orissa High Court, a Finance Ministry official said on Tuesday. On the recommendations of its Directorate General of Trade Remedies, India had imposed safeguard duties in July on import of solar cells from China and Malaysia for two years to protect the domestic industry from the sudden recent flood of cheap imports.


I love talent shows: Rithvik Dhanjani

I love talent shows: Rithvik DhanjaniMumbai, Aug 14 (IANS) Actor Rithvik Dhanjani, who will soon host the show "India's Got Talent", says he loves talent shows. "I am a part of the upcoming season of 'India's Got Talent'. Rithvik has hosted shows like "India's Best Dramebaaz", "Rasoi Ki Jung Mummyon Ke Sung" and "India's Next Superstars".


I never consciously try to be shocking, different: Kalki Koechlin

I never consciously try to be shocking, different: Kalki KoechlinNew Delhi, Aug 14 (IANS) She made her Bollywood debut with Anurag Kashyap's "Dev.D" and went on to do some unconventional roles in films like "That Girl in Yellow Boots", "Margarita with a Straw" and "Waiting". National Award winning actress Kalki Koechlin says she never tries to be "shocking and different" and always expresses what she feels like -- just how instinctively she got her hair chopped recently.


Long-term vaping may damage lung immune cells, warn researchers

Long-term vaping may damage lung immune cells, warn researchersLondon, Aug 14 (IANS) With vaping becoming a style statement globally including in India, a small yet significant study has found that vaporisers may potentially disable key immune cells in the lung and boosts inflammation if used for long. The e-cigarette vapour boosts the production of inflammatory chemicals and disables key protective cells in the lung that keep the air spaces clear of potentially harmful particles, revealed the study published online in the journal Thorax. According to Professor David Thickett from Britain's University of Birmingham, many e-cigarette companies have been bought up by the tobacco giants, "and there's certainly an agenda to portray e-cigarettes as safe".


Rupee hits record low against US dollar; recovers a bit

Rupee hits record low against US dollar; recovers a bitMumbai, Aug 14 (IANS) Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against the US dollar on Tuesday before recovering by a fraction at Rs 69.98. The intervention aided the rupee to stabilise just a tad below 70 to a USD at 69.98 around 11.05 a.m. "The fear of a rise in global protectionist measures along with a strong US economy pulled the Indian rupee lower to 70.08 during intra-day," said Anindya Banerjee, Deputy Vice President for Currency and Interest Rates with Kotak Securities.


Al Qaeda seeking 'opportunistic attacks', but capability 'low' in India: UN

Al Qaeda seeking 'opportunistic attacks', but capability 'low' in India: UNUnited Nations, Aug 14 (IANS) The Al Qaeda in the Indian Subcontinent (AQIS) is looking to carry out opportunistic attacks, but has low operational capability in India, according to a UN report. "AQIS is relatively isolated owing to increased security measures within the wider region, but the group continues to seek security gaps for opportunistic attacks," according to the report by the Analytical Support and Sanctions Monitoring Team for Al Qaeda and the Islamic State (IS) released on Monday. "The group, Al Qaeda's newest affiliate, is ideologically inclined to carry out attacks inside India but its capability is believed to be low," the report said.


Someday we'll know the truth about his death: Lal Bahadur Shastri's son

Someday we'll know the truth about his death: Lal Bahadur Shastri's sonMumbai, Aug 14 (IANS) As a new web series titled "Lal Bahadur Shastri's Death - An Unfinished Story" is set to release on Independence Day on Wednesday, the former Prime Minister's son Sunil Shastri says that even 52 years after his father's death, the family lives in a hope that they will know the truth someday. The story of the web series revolves around the mysterious death. The narrative is in the form of a docu-drama based on conversations with Shastri's family members who have raised some important questions about his death.


Lower food prices ease India's WPI to 5.09% in July

Lower food prices ease India's WPI to 5.09% in JulyNew Delhi, Aug 14 (IANS) Lower prices of food items and primary goods decelerated the rise in India's annual rate of inflation based on wholesale prices to 5.09 per cent in July from 5.77 per cent in June, official data showed on Tuesday. The data on Wholesale Price Index (WPI) furnished by the Ministry of Commerce and Industry showed that the rate of inflation had increased to 1.88 per cent during the corresponding month in 2017.


Easing inflation data lifts equity market; record low rupee limits gains

Easing inflation data lifts equity market; record low rupee limits gainsMumbai, Aug 14 (IANS) Easing wholesale inflation lifted the key Indian equity indices on Tuesday with the benchmark S&P BSE Sensex rising over 200 points.


There has to be a limit to process of recreation: Sonu Nigam

There has to be a limit to process of recreation: Sonu NigamNew Delhi, Aug 14 (IANS) Singer Sonu Nigam says one can never compare authenticity of an original track with a recreated version. Recently, Sonu revamped Mohammed Rafi's "Badan pe sitare" for "Fanney Khan", which is an ode to people with musical aspirations. "You can never compare the authenticity of an original track with the reprise version, yet there has to be a limit to the process of recreation," he added.


India's WPI eases to 5.09% in July

India's WPI eases to 5.09% in JulyThe data on wholesale price index (WPI) furnished by the Ministry of Commerce and Industry showed that the rate of inflation had increased to 1.88 per cent during the corresponding month in 2017. "Build up inflation rate in the financial year so far was 2.92 per cent compared to a build up rate of 0.62 per cent in the corresponding period of the previous year," the ministry said in its review statement.


Janhvi and Boney Kapoor get emotional for Sridevi at Mr. India screening

Janhvi and Boney Kapoor get emotional for Sridevi at Mr. India screeningJanhvi and Boney Kapoor get emotional for Sridevi at Mr. India screening


Delving into the 'other side' of Amarnath Sehgal, S.H. Raza on Partition

Delving into the 'other side' of Amarnath Sehgal, S.H. Raza on PartitionNew Delhi, Aug 14 (IANS) Amarnath Sehgal is best known for his sculpted marvels, S.H. Raza for his work with the brush. As India enters the 72nd year of its independence, IANS, with special permission from curator Shruti Isaac, delves into the archives of Sehgal, who left behind an unpublished memoir. Raza's memoir has been published but very little of it is known in India.


My job is not to make you happy: Manoj Bajpayee

My job is not to make you happy: Manoj BajpayeeMelbourne, Aug 14 (IANS) Raw, gritty, intense and flawless in his performances, Manoj Bajpayee, in his over two-decade career, has infused life into many a movies, without feeling the need to leave the audience "happy". If you're used to those kind of films, don't come and watch my films," Manoj told IANS here. "If they have a story which will make you happy, that would be accidental." The actor, who has left an indelible mark with his performance as a gangster in "Satya", policeman in "Shool", gang lord in "Gangs of Wasseypur", greedy politician in "Raajneeti", CBI officer in "Special 26", a gay professor in "Aligarh" and more, said there are always going to be disturbing stories which will leave the audience uncomfortable.


Books break barriers as Indo-Pak cultural exchanges diminish

Books break barriers as Indo-Pak cultural exchanges diminishNew Delhi, Aug 14 (IANS) At a time when diplomatic exchanges between India and Pakistan are at a standstill and cultural initiatives across the border have taken a backseat, the literary space has become the avenue for exchange of ideas, thoughts and perspectives between the two rival nations separated at birth. Indian publishers have long been eyeing Pakistani literature as they say there is "a great curiosity" among Indian readers to know more about the life in the neighbouring country. Just this month, Reham Khan, who was married to Pakistan's Prime Minister-in-waiting Imran Khan, came out with her memoir, and, what's more, it is selling faster in India than in Pakistan.


Rupee hits record low against US dollar

Rupee hits record low against US dollarMumbai, Aug 14 (IANS) Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday.


Indian, Swedish food to boost IKEA shoppers' energy (Foodie Trail - Hyderabad)

Indian, Swedish food to boost IKEA shoppers' energy (Foodie Trail - Hyderabad)Hyderabad, Aug 14 (IANS) Walking through the sprawling, newly-opened IKEA store here needs energy and the company is making sure that customers get to recharge at its trademark restaurant. The thousands of customers who flocked IKEA's first India store that opened on August 9 had a massive range of 7,500 world-class products to choose from. "We cater to the local taste wherever we have our operations and half of our food here is Swedish," Henrik Osterstrom, Country Food Manager, IKEA Food, told IANS at the restaurant, teeming with hundreds of customers.


Facebook bags media rights of La Liga for Indian subcontinent

Facebook bags media rights of La Liga for Indian subcontinentNew Delhi, Aug 14 (IANS) Social media giant Facebook has bagged the media rights of Spain's top-division football championship, La Liga, for the Indian subcontinent, both parties have confirmed the path-breaking deal. With this mega deal, La Liga will be the first European football league to be broadcast exclusively live on Facebook in the Indian subcontinent.


Mark Wahlberg had fun shooting with Iko Uwais

Mark Wahlberg had fun shooting with Iko UwaisLos Angeles, Aug 14 (IANS) Actor Mark Wahlberg enjoyed shooting with Indonesian actor Iko Uwais, and calls him a "sweetheart". Wahlberg worked with Uwais on Peter Berg's "Mile 22", which will release in India on August 24. "He is spectacular and a sweetheart.


'Manto' trailer to be out on Independence Day

'Manto' trailer to be out on Independence DayMumbai, Aug 14 (IANS) The trailer of Nawazuddin Siddiqui's "Manto", which is helmed by acclaimed actress-filmmaker Nandita Das, will release on digital platforms on Independence Day. "Manto", co-produced by HP Studios, Filmstoc and Viacom18 Motion Pictures, traces the life of writer Saadat Hasan Manto. This was completely their idea," Nandita told IANS.


'Rashtraputra' maker lends his voice for 'Vande Mataram'

'Rashtraputra' maker lends his voice for 'Vande Mataram'Mumbai, Aug 14 (IANS) Filmmaker and actor Aazaad, who is coming up with a new film "Rashtraputra", the life story of Indian freedom fighter Chandra Shekhar Azad, has lent his voice for the song 'Vande Mataram', released here on Monday. Written by late poet Bankim Chandra Chatterjee, the song is different from its popular version. Only the first two verses of the song were adopted as the National Song of India in October 1937 by the Congress Working Committee.


Tata Chemicals net profit up 14% in Q1

Tata Chemicals net profit up 14% in Q1Mumbai, Aug 14 (IANS) Tata Chemicals on Monday reported a 14 per cent increase in its consolidated net profit from operations to Rs 270 crore in the quarter ended June 30, 2018 as compared to Rs 236.52 crore in the year-ago period. Its income from operations on consolidated basis was at Rs. 2,769 crore, up by 10 per cent from Rs 2,527 crore in the corresponding period last year. The company reported that its income from operations for basic chemistry products at Rs 63 crore was up 3 per cent, consumer products segment at Rs 108 crore, up 33 per cent, and specialty products at Rs 116 crore, up 25 per cent. Company's Managing Director R. Mukundan said: "Our India's Basic Chemistry products business registered a robust performance on the back of improved operational efficiencies, a better sales mix and better realisations.


Amazon invests $400 million more in its Indian arms

Amazon invests $400 million more in its Indian armsBengaluru, Aug 14 (IANS) The US-based world's largest e-tailer Amazon invested an additional $400 million (Rs 2,700 crore) in two of its Indian subsidiaries, said business intelligence platform Paper.vc on Monday.


Identity card-based India-Nepal cross-border movement suggested

Identity card-based India-Nepal cross-border movement suggestedKathmandu, Aug 14 (IANS) The Eminent Persons' Group (EPG) on Nepal-India Relations has recommended the idea of "smart border" and limiting the cross border movements only from the designated border points. At present, people crossing the border do not have to produce any kind of identity cards and there is no prohibited entry or exit point. If the EPG's suggestions are executed, Nepal and India would have to work on installing equipment at the border where both sides should issue the electronic identity cards to its citizens or should categorise what kind of cards, like passports, driving licence or any other, can be accepted if electronic identity cards are not in place.


Tata Steel posts more than double net profit in Q1

Tata Steel posts more than double net profit in Q1Mumbai, Aug 13 (IANS) Tata Steel on Monday reported more than double consolidated net profit at Rs 1,934 crore in the quarter ended June 30, as compared to Rs 921 crore in the year-ago period. Its consolidated revenue from operations during the quarter was at Rs 37,833 crore, up 22 per cent from Rs 30,973 crore in the corresponding period last year. Speaking on the company's performance, its Executive Director and CFO Koushik Chatterjee said: "The performance in this quarter has been very strong and the India operation delivered a stand-out performance of 31 per cent EBIDTA margin on the back of strong underlying business performance and improved market conditions." "Our quarterly consolidated EBIDTA grew 33 per cent year-on-year and increased to Rs 6,559 crore, with an EBITDA margin of 17 per cent," he said.


India-made passenger aircraft to fly in 3 years: Minister

India-made passenger aircraft to fly in 3 years: MinisterBengaluru, Aug 13 (IANS) State-run National Aerospace Laboratories (NAL)'s 19-seater "Saras" passenger aircraft will be ready within next three years, Union Minister for Science and Technology Harsh Vardhan said on Monday. "The implementation process of 19-seater modification to Saras will begin soon and the aircraft will be ready for commercial use within next three years, giving a boost to regional connectivity," Vardhan told reporters here. The Minister was speaking on the sidelines of an event to unveil a design and integration facility for unmanned aerial vehicles (UAV) or drones at NAL.


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