ECONOMY & NATION


New Delhi : Even before Reliance Jio launches its 4G services in the country, Morgan Stanley believes the pricing pressures are already pinching the incumbents thanks to a tepid growth in the data market, warranting a cut in the revenue growth forecast.   "We cut our industry revenue...

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New Delhi : National carrier Air India will celebrate the International Women's Day on Tuesday by operating 20 domestic flights manned by all-women crew.   "Air India will fly 20 domestic flights with all-women crew on March 8 to observe the International Women's Day. The details...

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Bengaluru : In a damage control exercise, beleaguered industrialist Vijay Mallya on Sunday blamed media for spoiling his reputation and sought to clarify why his dream airline Kingfisher failed.   "The past few days have witnessed a near hysterical campaign in the media directed...

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Moneylife Digital Team 05 March 2016
Ramachandra Khuntia, working president of INBEF, criticised the policy of the government which is against the working class and seeking changes in the labour laws favouring corporates and industrialists, according to a release from INBEF   A massive dharna by INBEF (Indian National...

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Chennai : Promptly passing on the "infrastructure cess" proposed in the union budget 2016-17 to car buyers, several manufacturers have hiked the prices of their models effective March 1.   Honda Cars India Ltd on Friday said it has revised the prices of its various models effective...

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New Delhi : In a yet another blow to Noida-based startup Ringing Bells Pvt. Ltd. that last month launched with much fanfare the world's cheapest Rs.251 (less that $4) smartphone, domestic feature phone brand Advantage Computers' (Adcom) on Friday announced it would take legal action against...

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Kolkata : Within an hour after the election schedule was announced for West Bengal, the ruling Trinamool Congress on Friday released its list of candidates for all 294 assembly seats, re-nominating Saradha ponzi scam accused Madan Mitra.   Mitra, now behind bars in connection with the...

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Gurgaon : Reiterating the government's determination to deal with the high level of over Rs.8 lakh crore of non-performing assets (NPAs), or bad debts, of state-run banks, Minister of State for Finance Jayant Sinha on Friday said it has a good understanding of the problem and will continue to...

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New Delhi : Chief Election Commissioner Nasim Zaidi on Friday announced that assembly elections in Tamil Nadu, Kerala and Puducherry will be held on May 16.   “Counting of votes in these states will take place on May 19,” Zaidi told the media here.   He said elections will be...

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New Delhi : Elections to the 126-member Assam assembly will be held in two phases on April 4 and 11, the Election Commission said on Friday.   "In the first phase, voting will be held in 65 constituencies and remaining 61 constituencies in the second phase," Chief Election...

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New Delhi : The Election Commission on Friday announced a six-phase polling for the 294-member West Bengal assembly.   Chief Election Commissioner Nasim Zaidi said West Bengal will see balloting on seven dates despite a six-phase election: April 4, 11, 17, 21, 25 and 30 and May...

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Chennai/New Delhi : The gems and jewellery industry on Friday decided to extend their strike till March 7 in protest against the central government's decision to inpose excise duty.   In a statement the All India Gems and Jewellery Trade Federation (GJF) said the senior office bearers...

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New Delhi : Assembly elections in Assam, West Bengal, Kerala, Tamil Nadu and Puducherry will be held in April and May, Chief Election Commissioner Nasim Zaidi announced on Friday.   While Assam will have a two-phase election on April 4 and 11, West Bengal will see balloting on seven...

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New Delhi : The Supreme Court on Friday refused to pass any interim order on call drop issue as it will hold a hearing on March 10 on a plea challenging the regulator's decision to compensate subscribers for call drops.   The Cellular Operators Association of India (COAI) and the...

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New Delhi : None of the above (NOTA) will now have a symbol on the Electronic Voting Machines for the upcoming assembly elections in five states, Chief Election Commissioner Nasim Zaidi said here on Friday.   Disclaimer: Information, facts or opinions expressed in this news article...

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Bhubaneswar : The CBI has interrogated a senior police officer of Odisha in connection with Seashore chit fund scam in which lakhs of investors were allegedly duped of money totalling about Rs.1,500 crore, said an official of the probe agency on Thursday.   Inspector General (central...

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New Delhi : Giving relief to taxpayers, the Central Board of Direct Taxes (CBDT) on Thursday issued fresh guidelines to field officers for granting stay of demand at the first appeal stage, an official statement said.   "Under the new guidelines, the assessing officer shall grant stay...

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New Delhi : Following the union budget 2016-17 proposal to incentivise gas exploration in difficult areas, the government is set to raise the price of domestic natural gas by around 60 percent for their undeveloped gas discoveries from such areas, an official source said on...

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Moneylife Digital Team 03 March 2016
AIBEA has written to the Finance Minister opposing the privatisation of IDBI Bank, according to a release form CH Venkatachalam, General Secretary, AIBEA   All India Bank Employees Association (AIBEA) opposed the privatisation of IDBI Bank, in spite of the frequent statements to the...

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New Delhi : The union budget 2016-17, with the target of holding the next fiscal's deficit at 3.5 percent of GDP, has given space to the Reserve Bank of India (RBI) to ease interest rates, union Minister of State for Finance Jayant Sinha said on Thursday.   "Macroeconomic stability is...

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