India

Oil giant BP to lay off 10,000 employees globally

Post Date: June 11, 2020

New Delhi: Amid the coronavirus pandemic and its severe impact on the oil market, British Petroleum has decided to lay off 10,000 employees from its workforce globally by the end of the year. The total people to be laid off represent 15 per cent of the 70,000 strong global workforce of the oil giant. BP's CEO...

JIo

Another investment in Jio, now ADIA to put in Rs 5,683 crore


Mumbai: In yet another major investment into Jio Platforms, Reliance Industries Ltd (RIL) has announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore....

Union Civil Aviation Minister Hardeep Singh Puri.

Decision on international flights after other nations allow entry: India


New Delhi: Union Civil Aviation Minister Hardeep Singh Puri has said that the government will take a decision on resuming commercial international flights only after other countries ease their restrictions on entry of foreign nationals and allow incoming flights. In a tweet, Puri said: "A decision to resume regular international operations will be taken as...

India, China start withdrawing troops from standoff positions

Post Date: June 11, 2020

New Delhi: India and China have started the process of de-escalation at the Line of Actual Control with withdrawal of troops, guns and combat vehicles from three standoff positions in eastern Ladakh, sources said. India's bone of contention of Chinese troops built up at Finger Four would be resolved eventually, they said. The withdrawal started happening...

vodafone

Don’t have money to pay our employees, Vodafone tells SC


New Delhi: Vodafone Idea on Thursday told the Supreme Court that the total demand of adjusted gross revenue (AGR) dues it faces is Rs 50,000 crore, plus the interest and the penalty, but currently, the telecom company does not even have enough money to pay salaries to its employees and meet its expenses. Senior advocate...

Dr Naresh Trehan.

ED takes over probe against Medanta, Naresh Trehan


New Delhi: After the Haryana Police registered an FIR against Medanta Medcity Hospital and its chairman and promoter Dr Naresh Trehan and others, the Enforcement Directorate (ED) took over the probe into the money laundering charges against them, sources said. An ED source confirmed the development to IANS and said that the agency will summon...

Rajasthan Chief Minister Ashok Gehlot.

BJP trying MP story in Rajasthan, claims CM


Jaipur: Chief Minister Ashok Gehlot has accused BJP of indulging in horse trading in Rajasthan to destabilize the government here and said that BJP wants to repeat the Madhya Pradesh story in Rajasthan too. "One of our MLAs was offered Rs 25 crore, 10 crore in advance and 15 crore later as horse trading, but...

Former West Indies captain Darren Sammy.

Was called ‘kaalu’ in India, says ex-West Indies skipper


Barbados: Former West Indies captain Darren Sammy has revealed that he was subjected to racial abuse in the Sunrisers Hyderabad (SRH) dressing room when he played for the franchise in the 2013-14 editions of the Indian Premier League (IPL). Recently, Sammy had expressed anger upon realizing the meaning of the word 'kaalu' which he says...

Nepal House approves new map with Indian territories

Post Date: June 11, 2020

New Delhi: Nepal's House of Representative has unanimously endorsed the Constitution Amendment Bill to adopt a new map of the country which includes Indian areas of Kalapani, Lipulekh and Limpiyadhura, according to media reports in Nepal. The proposal was backed by Nepal Communist Party headed by Prime Minister K.P. Oli, the opposition Nepali Congress and Madhesi-based...