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Showing posts from February, 2018

Karti Chidambaram in custody, to appear in court today: Top 10 developments

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A regular CBI court on Thursday will hear the agency, which sought a 15-day remand of Karti Chidambaram in the INX Media case Karti Chidambaram, businessman and former finance minister P Chidambaram's son, will be produced before the Patiala House Court on Thursday in connection with the so-called INX Media money-laundering case. Karti had been arrested by the Central Bureau of Investigation (CBI) at the Chennai airport on Wednesday morning and taken into custody by a team of CBI officers on his return from the United Kingdom. He was produced before a Delhi court, which sent him to CBI custody for one day. Karti Chidambaram's remand will last until 12.30 pm on Thursday when a regular CBI court will hear the probe agency. The central probe agency had sought a 15-day remand for his custodial interrogation. He will be produced before a CBI court on Thursday, All India Radio News has reported. The CBI justified Karti's arrest by taking the ground of his no...

EPFO makes online claims mandatory for PF withdrawals above Rs 1 mn

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Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money Retirement fund body EPFO has made it mandatory to file online claims for provident fund withdrawals above Rs 1 million, taking another step towards becoming a paperless organisation. The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above Rs 0.5 million under the Employees Pension Scheme 1995. Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money. At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for a pension. The decision was taken at a meeting chaired by Central Provident Fund Commissioner on January 17, 2018, an official said. The official said the field offices have been directed that the claims must be accepted online in ...

Meghalaya, Nagaland polls 2018: One dead in clashes; top 10 developments

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Voting underway in Meghalaya and Nagaland Assembly elections 2018; BJP and Congress slug it out for the Northeast Voting in the crucial Meghalaya and Nagaland Assembly elections began on Tuesday at 7 am amid tight security, with the Bharatiya Janata Party (BJP) and Congress slugging it out to see who would emerge as the more dominant party in the Northeast. Despite security being beefed up, one person was injured in a bomb blast at a polling station in Mon District's Tizit in Nagaland. According to the Election Commission, 22 per cent voting was recorded in Meghalaya till 9:30 am. While 17 per cent voting was recorded in Nagaland till 9 am. Nagaland CM TR Zeliang has said that he will move towards a Naga political solution after the state polls are concluded. The two states have a 60-member House each. However, voting will be held only for 59 constituencies in each. Voting for the 60-member Assemblies will commence from 7 am and conclude by 4 pm, except at som...

Sridevi funeral: Actor drowned; body still in Dubai; top 10 developments

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Sridevi's death case took a new twist on Monday as her autopsy report revealed that she died due to accidental drowning and not cardiac arrest Veteran actor Sridevi's mortal remains are still in Dubai, pending paperwork. After receiving the Autopsy report, the Dubai police has started examining the circumstances of the actor's death. According to media reports, police are trying to recreate the sequence of events leading up to her death and have questioned those accompanying her, including her husband. Meanwhile, Indian Envoy to UAE Navdeep Suri assured that the Indian embassy was trying hard to send Sridevi's body to India at the earliest. "Our embassy and consulate are working closely with local authorities to expedite the return of Sridevi's mortal remains and also keeping Kapoor family apprised. It is our endeavour to send mortal remains of Sridevi   to India at the earliest, " Suri told ANI. Sridevi's death took a new twist o...

VARDHMAN POLYTEX LTD. (VARDMNPOLY)

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Vardhman Polytex Live NSE/BSE Share Price: Get Vardhman Polytex Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more vardhman polytex share price Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex (VPL) was incorporated as Punjab Mohta Polytex. The promoters also have interests in Mahavir Spinning Mills and Vardhman Spinning and General Mills. The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24.92 cr and 28.48 lac 13% secured NCDs of Rs 250 aggregating Rs 71.21 cr in Jan.'95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs. Total project cost was Rs 110.14 cr. VPL manufactures coarse, medium and fine counts of 100% cotton yarn. It also produces 100% acrylic yarn, acrylic cotton yarn, polyest...

Phoenix Mills Share Price: Live NSE/BSE Phoenix Mills Stock Price, Share Price, Phoenix Mills Results, Returns, Charts, News & More

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Phoenix Mills Ltd. Phoenix Mills Ltd is India's leading developer/operator of 'Iconic Large Format Retail-Led Mixed Use Developments' in city centric location. The company operations generally span most aspects of real estate development, from the planning, execution and marketing of projects, through to the management and operation of the completed development. Phoenix Mills Share Price  Ltd was incorporated in the year 1905. The company began their operations as a textile manufacturing company on 17.3 acres of land at Lower Parel in Mumbai. In the year 1959, the company was listed in the Bombay Stock Exchange. In the year 1987, the company entered into the growing real estate market where High Street Phoenix emerged as the most frequented destination in Mumbai. In the year 1992, the first multi-storied Phoenix residential towers were built on the Phoenix Mills Land. They introduced India's first Hyper market concept 'Big Bazaar' at High Stree...

FIR against viral song starring Priya Varrier for hurting Muslim sentiments

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With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song from Omar Lulu's Malayali film Oru Adaar Love went viral The makers of Malayali movie Oru Adaar Love have been booked by Hyderabad police for objectionable references to the love story between Prophet Mohammed and his wife. The first song of 'Oru Adaar Love' became viral on social media within few hours of its release because of Malayalam actor Priya Prakash Varrier's cute articulations and wink. The upcoming movie, written and directed by Omar Lulu, tells the story of plus two (12th) students and has newcomers in the cast. With her expressions, Priya Prakash Varrier stole the hearts of her social media followers as the song went viral. An overwhelmed Priya said "I do not know how to react. I did what I was asked to do and never expected it to be such a hit." "Thank you for all the love," Priya, who idolises Nayaantara,...

Moto Z2 Force with shatterproof display launching today: Watch it live here

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The key feature of the smartphone is its shatterproof display, which, the company claims, has better resistance than conventional glass-based screens Lenovo-backed smartphone manufacturer Motorola is set to launch the Z2 Force flagship smartphone with 'shatterproof' display at 12 noon on Thursday (February 15). The Motorola Z2 Force was first unveiled in July 2017, along with Moto Mods that the phone supports. The key feature of the smartphone is its shatterproof display which, the company claims, has better resistance than conventional glass-based screens. The phone sports a 5.5-inch Quad HD screen of plastic-OLED breed. The screen uses a plastic layer for shatterproof properties. In terms of specifications, the phone is powered by Qualcomm Snapdragon 835 processor. As for the RAM and storage, the Z2 Force has 4GB/6GB RAM and 64GB internal storage, expandable via microSD card slot. Imaging is handled by a dual-camera system, utilising two 12-megapixel cam...

This Valentine's Day, plenty of heartache for India's rose cultivators

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Rose growers in South India, mainly Hosur, have for many years spread the scent of love on Valentine's Day around the world. But the world seems to have jilted them for other options this time Love may be in the air for the rest of the world as it celebrates Valentine's Day on February 14. But for rose growers in Tamil Nadu, particularly those in Hosur, this Valentine season has been anything but rosy. The reason: People around the world seem to be jilting them and showering more love on their Kenyan counterparts. While Indian growers have seen their rose exports declining drastically amid stiff competition from Kenya, market prices in the existing markets have also fallen. And, these are happening at a time when the cultivation cost is rising, too. Earlier, Valentine’s Day on February 14 alone contributed 25-40 per cent of flower growers’ annual revenue. But not this time. Unlike 2017, which was drought year, flowers this year have been of a good quality,...

Xiaomi to launch Flipkart-exclusive Redmi phone on Feb 14; details here

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The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market Xiaomi is gearing up to launch the next iteration of Redmi smartphones in India on February 14. The upcoming smartphones are expected to be either the Redmi 5 or Redmi 5 Plus, launched in China last year, or just the Redmi 5 Plus but renamed as the Redmi Note 5 for the Indian smartphone market. As for the key feature of the smartphones, the Redmi 5 and Redmi 5 Plus sport a futuristic 18:9 ultra-wide screen aspect ratio. The budget smartphones have a metal unibody design and boots Android Nougat-based MIUI 9 operating system out of the box. In terms of specifications, the Redmi 5 has a 5.7-inch screen of HD+ resolution. The device sports an 18:9 aspect ratio screen, which reduces the bezel size and accommodates larger display in a compact body, with the fingerprint scanner housed at the back. The phone...

Apple reports record $20 bn profit, iPhone X sales 'better than expected'

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Apple's revenue in the final three months of last year increased 13 per cent to $88.3 billion Latest News Apple today reported a $20 billion profit in a record-setting quarter and said sales of its newest iPhone X smartphone were better than expected. Revenue in the final three months of last year increased 13 per cent to $88.3 billion, according to the California- based technology giant. "We're thrilled to report the biggest quarter in Apple's history, with broad-based growth that included the highest revenue ever from a new iPhone lineup," said Apple chief executive Tim Cook. "iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November." However, Apple reported that overall iPhone sales in the quarter 77.3 million from were about a million fewer than the same period a year earlier. But iPhone revenues rose 13 per cent from a year ago, suggesting its newer models were ...