OYO appoints ex-Indigo president as CEO for India, South Asia

Ex-Indigo President Aditya Ghosh join OYO as CEO of its India, and South Asia operations, Aditya will be responsible to oversee and grow Oyo Hotels business in South Asia, which will include, India, Nepal. He added I’m thrilled to join OYO’s mission of creating quality living spaces. “Extremely excited to welcome Aditya Ghosh to OYO family” said by founder of OYO rooms Ritesh Agarwal.


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November 15 2018
India have highest female pilot’s in the world according to report

India have highest percentage of female pilots are employed by Indian airlines, according to recent report from the International Society of Women Airline Pilots, Indian airlines that are among the proportionally highest employers of female pilots include IndiGo at 13.87% (351 out of 2,689), Spice Jet at 13.2% (113 out of 853), Air India at 12.7% (217 out of 1,710) and Air Asia at 10% (26 out of 260).


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November 11 2018
Elon Musk replaced as Tesla’s chairman Robyn Denholm as new chairman

Robyn Denholm as new chairman of Tesla Inc, after Musk Stepping down from the role of chairman, “Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company,” said Musk, Musk will remain on the board as a director and Tesla CEO.


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November 09 2018
Qatar Airways Doha- Kolkata flight hit a water tanker

A Qatar Airways Doha- Kolkata flight hit a water tanker during arrival at Kolkata’s Netaji Subhas Chandra Bose International Airport at 01:52 am last night. All 103 passengers safe. The aircraft’s belly was damaged. The aircraft has been taken away for repairs, Airport official said, flight is take-off from Kolkata to Doha.


View Full at ANI
November 02 2018
Bhutan nationals in Delhi and seized 20 kg, worth Rs 6.4 crore

The Directorate of Revenue Intelligence (DRI) arrested 5 Bhutan nationals in Delhi and seized 20 kg smuggled gold worth ₹6.4 crore, yesterday. The gold was concealed in specially designed cloth belts & shoes worn by the accused. The DRI officials said all five accused had arrived by train from West Bengal.


View Full at ANI
November 02 2018
KFC awards ₹8 lakh to parents for naming baby after KFC Founder

KFC has awarded the parents of a newborn girl in the US $11,000 (over ₹8 lakh) for naming her Harland Rose, The parents, both die-hard fans of KFC, wanted to name their baby after something they both liked, company had recently started the Baby Harland Naming Contest and little Harland Rose was declared the winner and the prize money will go towards her tuition fees, The baby was born on September 9, the birthday of KFC’s Founder.


View Full at timesnownews
November 02 2018
236 engineers lose their jobs after going on mass leave

Auto parts manufacturer ZF Steering Gear has fired 236 employees for leaving mass over six weeks without any prior intimation. The employees leave from December 2, 2017 till about January 19, 2018 without showing any ‘sufficient cause’. The auto parts maker company said it held several rounds of discussion with the concerned employees but no solution emerged and the Company finally decided to terminate the employment of these 236 employees with effect from 26/27th October, 2018.


View Full at businesstoday
October 30 2018
World richest man Jeff Bezos lost 19 billion in 2 days

The Amazon.com founder Jeff Bezos lost $19.2 billion over the past two trading days, according to the Bloomberg Billionaires Index amid a global market selloff fuelled by fears of further trade tensions. Shares of Amazon tumbled 6.3%, on top of Friday’s 7.8% drop, leaving Bezos with $128.1 billion, Jeff Bezos net worth of last month is $167.7 billion.


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October 30 2018
Train 18, India’s first engine-less train, 160 km, Wi-Fi, other features

Indian Railways first engine-less train all set to roll out, which is being regarded as a successor to the 30-year-old Shatabdi Express, Train 18 has a potential to travel up to the speed at 160 kmph, the full AC train is designed in such a way that passengers can have a look at the driver’s cabin and two executive compartments will have 52 seats each with CCTV cameras.


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October 30 2018
Man arrested with railway tickets worth over Rs57 lakh in Mumbai

Central Railway authorities in Mumbai’s Mankhurd suburban on Sunday arrested a man with railway tickets worth more than Rs 2 lakh, man was accused of booking long-distance train tickets online by unauthorised means. The man had booked as many as 2,042 tickets worth Rs 57.69 lakh under the same modus operandi. The man was identified as 32-year-old Indrajeet Gupta.


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October 29 2018
Who is Savji Dholakia gives away 600 cars to employees

Surat-based diamond merchant Savji Dholakia he has decided to gift around 600 cars to employees of his company this time as well. Savjibhai Dholakia hails from Dudhala village in Amreli district, he started working from age of 12 and he come to Surat in 1977 on a state transport bus with just ₹12.5, now his diamond company Hari Krishna Group’s annual turnover is ₹6,000 crore.


View Full at businesstoday.in
October 26 2018
Rakhi sent to London delivered in France, firm fined Rs 25,000

A goof up in delivering a rakhi has cost a Bengaluru courier firm and its Mohali franchisee ₹25,000, the courier firm to pay ₹20,000 to consumer as compensation besides ₹5,000 as the cost of litigation after it mistakenly delivered a package sent to London, containing a rakhi, to France. “Rakhi is such a thing, which should reach the destination station on or before the Rashka Bandhan hen certainly emotions/sentiments of the sender are bound to be hurt,” said by consumer forum presided GK Dhir.


View Full at hindustantimes.com
October 25 2018
Gang dupes ₹12Lakh from 3,000 job seekers across India using fake website

At least 3,000 job aspirants from across the country were duped of more than ₹12 lakh allegedly by a gang by falsely claiming to offer employment in the Union Agriculture Ministry via fake website “panditdeendayalkrishivikas.com”, The racket was busted on Monday by crime branch. The gang charged ₹400 as application fee and gave the postal address of Krishi Bhawan. Police said they learnt about this fake recruitment drive after they received a complaint from the agriculture ministry around 10 days ago.


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October 25 2018
Vistara gets ₹2,000 crore from Tata Sons, Singapore Airlines

Vistara has received ₹2,000 crore from Tata Sons and Singapore Airlines according to a regulatory filing. Tata Sons holds 51% stake and the remaining 49% is owned by Singapore Airlines in Vistara. The fund infusion comes at a time when the airline has embarked on ambitious expansion plans, Vistara is looking to fly to international destinations and is awaiting final approvals. Vistara started commercial operations on 9 January 2015. It operates around 120 flights every day and flies to 22 destinations.


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October 25 2018
Maharani Jindan Kaur’s necklace sold for ₹1.77cr in UK

An emerald and seed-pearl necklace owned by Maharani Jindan Kaur, the wife of Sikh emperor Maharaja Ranjit Singh has sold for £187,000 pounds (₹1.77cr) at a London auction. It was among a number of valuables from the Lahore Treasury sold at the auction house, The collection of 120 photographs was offered as a fascinating insight into Punjab in the last quarter of the 19th century.


October 25 2018
Jewellery worth of ₹140cr stolen from closed shop in Uttar Pradesh

A Jewellery worth of ₹140cr was stolen from a shop in Uttar Pradesh’s Kanpur shop was closed down five years back following a dispute between business partners. 10,000 carats of diamonds, 500 kg of silver, 100 kg gold, and jewels worth 5,000 carats as stolen from shop as per reports. A court here had sometime back ordered the shop to be opened by the police in presence of both partners.


October 24 2018
Paytm founder’s passwords, business plans, cash cards, emails were stolen

Paytm extortion case suggests the breach contained 128GB data and over 1,000 pages were stolen, including passwords, encrypted emails, PIN of Paytm accounts and cash cards used by its founder Vijay Shekhar Sharma, the company’s business plan and data contained important passwords, among other things. Police have arrested Sonia Dhawan, former vice-president her husband Roopak Jain and Devendra Kumar, an employee of Paytm and fourth person, Rohit Chomal a resident of Kolkata.


View Full at hindustantimes.com
October 24 2018
Week after installation, India’s first Bitcoin ATM in Bengaluru seized, co-founder arrested

A week after virtual currency exchange company Unocoin installed India’s first Bitcoin ATM in Bengaluru’s Kempfort Mall, the Cyber Crime Police in Bengaluru has registered a case against Unocoin for setting up the ATM without permission and have also arrested the company’s co-founder Harish and seized several gadgets and ₹1.79 lakh in cash from him and materials seized included two laptops, one mobile, three credit cards, five debit cards, one passport, five company seals and one cryptocurrency device, he was produced in the 1st ACMM Court in Bengaluru before he was taken into police custody.


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October 24 2018
Paytm employees arrested for blackmailing Vijay Shekhar Sharma, for Rs 20 crore

Three Paytm employees were arrested on Monday for allegedly trying to extort ₹20 crore from Paytm CEO Vijay Shekhar Sharma after threatening to leak stolen personal data and confidential information, three of them had threatened to leak the data and misuse the information to cause loss to the firm. One of the employees who has been arrested allegedly the mastermind of the extortion is Vijay Shekhar Sharma’s secretary she was also been arrested. FIR was registered and three persons, including the woman, arrested.


View Full at businesstoday.in
October 22 2018
Facebook Books 2.2 Lakh Sq Ft Office Space In Bengaluru

Facebook is reportedly taking up nearly 2.2 Lakh sqft office space in technology capital of India, the new space will begin its operation next year and also plans to recruit nearly 2,200 employees. The move will also make Facebook join the global organisations such as Amazon, Apple, Microsoft, and Google, who already occupy giant office spaces in Bengaluru. Facebook had first launched its India office in 2010 in Hyderabad, Facebook has an Indian user base of nearly 250 Mn.


View Full at inc42.com
October 22 2018
India have 3.43 lakh millionaires, 7,300 added in 12 months

The country added 7,300 more millionaires during the 12 months to mid-2018 and the total number of millionaires to 3.43 lakh, according to Credit Suisse’s 2018 global wealth report. It added that 91% of the adult population in India has wealth below $10,000, by 2023, the wealth of Indian millionaires is expected to grow by 8 per cent per annum to reach USD 8.8 trillion, China is home to the second largest number of wealthy households, having added USD 2.3 trillion to reach USD 52 trillion.


View Full at timesnownews.com
October 19 2018
India’s first cryptocurrency ATM launched in Bengaluru

ATM for cryptocurrency has been installed in Bengaluru’s Kemp Fort Mall by virtual currency exchange Unocoin, allows its customers to deposit and withdraw minimum amount of ₹1000 from the platform. ATM work with KYC compliant customers have to enter their User ID and the OTP that they receive as SMS on their registered mobile number, a 12-digit reference number from Unocoin is then sent to the user, the pilot ATM that was unveiled earlier this week is not operational yet.


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October 18 2018
Billionaire Paul Allen who co-founded Microsoft, dies at 65

Paul Allen who co-founded Microsoft Corp has died at 65, Allen died on Monday in Seattle from complications of non-Hodgkin’s lymphoma. Allen came up with the name Microsoft and had left the company in 1983, Allen stepped down as an officer of the company in 1983 because he was grappling with Hodgkin’s lymphoma, “I am heartbroken by the passing of one of my oldest and dearest friends,” Bill Gates said. Allen is survived by his sister, Jody Allen, who is a co-founder and executive director of the Paul G Allen Family Foundation.


View Full at hindustantimes.com
October 16 2018
Delhi man hires killers to kill father and take over his business

Gaurav Khera lost a lot of money in gambling following which his father refused to give him money, when his father not give money he hired a contract killers to killed his businessman father and take over his chemical production business in Khari Baoli. He promise his friend to 25% share in company who had arranged for the killers, then he paid ₹5 lakh to killers. His father Anil Khera was shoot dead around 5pm in Ghaziabad by two motorcycle-borne assailants, police has arrested all accused.


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October 09 2018
9 dead, 12 injured after gas pipeline blast in Bhilai Steel Plant

9 employees were killed and 12 others injured in a major blast Bhilai steel plant in Durg district of Chhattisgarh, blast took place around 10:30 am following a fire in a gas pipe line, police have started a rescue operation as senior officers rushed to the spot after the blast. Injured persons were immediately rushed to a hospital and the fire has been controlled, all of them are serious and are admitted to the district hospital.


View Full at hindustantimes.com
October 09 2018
SBI’s new ATM cash withdrawal limit reduce to ₹40,000 to ₹20,000

State Bank of India (SBI) India’s biggest lender new ATM cash withdrawal rules, applicable on daily cash withdrawal limits for Classic and Maestro debit cards reduced from ₹40,000 to ₹20,000 per day with effect from 31 October 2018. SBI has lowered the daily ATM cash withdrawal limit to prevent fraudulent transactions at ATMs and to promote digital transactions, the increase in the number of complaints received by banks around fraudulent transactions at ATMs it has been decided to decrease the cash withdrawal limits of debit cards.


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October 01 2018
Petrol crosses Rs 91 mark in Mumbai, LPG rates mark Rs 500

Petrol price Monday crossed the ₹91-mark in Mumbai while domestic cooking gas LPG rates breached the ₹500, Petrol prices were hiked by 24 paise per litre and diesel by 30 paise. India is the third largest importer of crude oil and rising international oil prices are inflating domestic transport fuel costs, Diesel in Mumbai costs ₹79.72 per litre at IOC outlets and ₹79.79 at BPCL outlets, in Mumbai, petrol now costs ₹91.08 at Indian Oil Corp (IOC) outlets, ₹91.


October 01 2018
Elon Musk agrees to step down as Tesla Chairman and pay 20 million fine

Tech billionaire Elon Musk step down as chairman of the Tesla company for three years and pay a $20 million fine. Musk said that he had "funding secured" for a buyout of the electric-car company at $420 a share, Musk will be allowed to stay as CEO but must leave his role as chairman of the board within 45 days, Tesla in recent years has become one of the most valuable American car maker, with its stock worth more than $50 billion.


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October 01 2018
9 Kg of Deadly Chemical Capable of Killing 50 Lakhs people Seized in Indore

Directorate of Revenue Intelligence has arrested two people including a Mexican national and seized over 9 kg chemical which have value of these drugs is over ₹100 crore in the international market, the illegal chemical was being manufactured in the illegal laboratory, this laboratory was being run by a local businessman and a PhD scholar chemist in Indore city of MP, the chemical is so dangerous only two milligrams of it are sufficient to kill a person, after research scientists said only trained scientists can manufacture this drug.


View Full at india.com
September 30 2018
UP bank manager arrested for stealing ₹18 lakh from ATM

A branch manager of the Overseas Bank was arrested Friday and more than ₹14 lakh was seized from his possession, bank manager of Bantikheda village branch was found to be involved in the theft of ₹18 lakh from an Overseas Bank ATM in Shamli on March 4, Another accused Chetan, had already been arrested in the case. Manager Bansal had given the password to Chetan and also told him the technique to open the ATM machine, in investigation scam of nearly ₹4 crore came to light in the Bantikheda village branch.


View Full at hindustantimes.com
September 29 2018
All India Chemists strike on Friday against online pharmacies

All India Organisation of Chemists and Druggists has declared a nation-wide strike on Friday to oppose the government’s move to regularise online sale of medicines. Chemist shops across the country will remain closed on September 28, the drug prices have been regulated by the government. The online portals offer discounts up to 70 per cent against a 10 per cent discount available at wholesalers, online pharmacy business is conducted illegally and the government is not taking any action against it said by general secretary of AIOCD.


September 28 2018
Paytm raises $300 million from Warren Buffett’s Berkshire Hathaway

One97 Communications Ltd parent company of Paytm has raised ₹2,200 million from Warren Buffett’s Berkshire Hathaway Inc, India’s largest payment services provider talks with Berkshire Hathaway have been on since early February this year to raise about ₹2,200 at a valuation of about $10 billion, the investment gives Berkshire Hathaway a 2.9% stake in the company and Alibaba Group as its largest shareholder with a 38.4% stake in company, It is also a rare deal for the world’s best known investor, who typically avoids internet firms, and is being considered a boost for India’s startup industry.


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September 28 2018
World’s most expensive shoes on sale in Dubai cost ₹123 crore

Pair of shoes thought to be the most expensive in the world go on sale on Thursday which cost £13million (₹123crore), lavish heels are made from gold patent leather, silk, and embellished with 236 diamonds Made by shoemaker Jada Dubai, ‘Passion Diamond’ shoes are the second set of showstoppers from UAE-based designer Jada Dubai, its took nine months to be designed and created and even feature real gold labels on the inside, handcrafted high heels were encrusted with 54 carat white diamonds and 416.2 carat white sapphires.


View Full at dailymail
September 27 2018
Noida Man sucked into machine with blades died, accident caught on CCTV

25-year-old worker died after being sucked into a machine in a plastic factory on Wednesday, victim identified as Wajid, he reached for work on morning in the factory which makes plastic products, he was cleaning a big-size machine which has blades while he was cleaning machine someone switched on the machine and soon Wajid was sucked inside and some of his colleagues realised and switched off the machine he was died on spot, police were alerted about the incident and they reached the spot.


View Full at hindustantimes.com
September 27 2018
Saudi Arabia opens high-speed train linking holy cities Mecca and Medina

Saudi Arabia’s King Salman inaugurated high-speed rail linking the two holiest cities Mecca and Medina on Tuesday, distance between the two cities would be covered in less than two hours, Haramain Railway connecting Mecca and Medina with the Red Sea coastal city of Jeddah is one of the largest transport projects in the Middle East also Saudi Arabia is investing tens of billions of dollars in mega-hotels and a Grand Mosque restoration in Mecca, increase the number of umrah and haj pilgrims to 15 million and five million respectively by 2020.


View Full at reuters.com
September 26 2018
Govt bans Vat 69, Smirnoff sale in Delhi for two years

Vat 69 whisky and Smirnoff vodka banned in Delhi for 2 years for allegedly using duplicate barcodes and banned it from selling the brands in the national capital, order came on an appeal filed by USL, which had challenged the orders of the deputy commissioner and commissioner, ban of three years on these two liquors was imposed on May 22, 2017, and it was challenged before the financial commissioner, the two liquor brands would not be available in the stores of the capital for the remaining period


View Full at hindustantimes.com
September 21 2018
SpaceX will send Japanese billionaire Yusaku Maezawa to the Moon

SpaceX CEO Elon Musk revealed that Yusaku Maezawa, a Japanese billionaire and founder of Zozotown, Japan’s largest online clothing retailer, will be the first private customer to ride around the Moon, Maezawa plans to fly on the trip as early as 2023, and he wants to take artists with him to turn the entire ride into an art project called #dearMoon, billionaire declined to say how much he paid for the flight, but the trip will be free for the artists who go with him.


View Full at theverge
September 18 2018
couple find hidden camera in their Airbnb holiday apartment in Canada

Couple from Scotland reported they found a secret camera installed in Airbnb holiday apartment in Canada, after a tiring day of sightseeing, when the couple returned to their apartment, they discovered a hidden camera inside a digital clock, had spent 20 minutes at the apartment when he noticed the clock couple said, hidden camera was facing into the living area and open-plan bedroom, so it could see everything. Airbnb spokesperson said We have removed the host from the platform while we investigate and are providing the guest with our full support.


View Full at timesnownews.com
September 15 2018
Toyota to make Suzuki cars at Bengaluru plant

Toyota Motor Corp. has agreed to produce Suzuki Motor cars to utilize the idle capacity at its Bengaluru factory, decision was taken after discussions between the two Japanese auto makers, three people familiar with the matter said. A deal would be an expansion of an agreement unveiled by Toyota and Suzuki in March to sell each other’s vehicles in India through a cross-badging arrangement, as part of the partnership announced in March, Toyota and Suzuki would also develop electric and hybrid vehicles for the Indian market.


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September 14 2018
China’s richest man Jack Ma will retire on Monday

Jack ma China’s richest man founder of Ecommerce giant Alibaba founder said step down as executive chairman of Alibaba, Monday is his 54th birthday He co-founded the Chinese internet retailer in 1999 and built it into an empire currently worth $420 billion, In an interview, Ma said his retirement is not the end of an era but “the beginning of an era.” Ma will remain on Alibaba’s board of directors and continue to mentor the company’s management. Ma turns 54 on Monday, which is also a holiday in China known as Teacher’s Day.


View Full at economictimes
September 08 2018
Brazilian arrested at airport with Rs 3.1 crore of cocaine in stomach

Brazilian man was arrested from the Indira Gandhi International Airport allegedly trying to smuggle 64 capsules of cocaine worth around Rs 3.1 crore capsules were then taken out of the passenger’s body. A drug test ascertained the powder as cocaine, Custom officials did not disclose the name of the passenger saying they were probing his network Officials said that the man had swallowed the capsules in order to escape customs checking at the airport the passenger was arrested and the cocaine seized.


View Full at hindustantimes.com
September 03 2018
British couple books entire train for honeymoon trip to Nilgiri hills

A young couple from England booked the entire train for a one-way ride to Ooty and paid about Rs 3 lakh to travel, couple started their journey in the over-a-century old train at 9:10 am and reached Ooty at 2:40 pm on Friday. planning our honeymoon, we decided to charter the iconic steam train to the Nilgiris. We thought it would be romantic to have the entire train to ourselves, said by couple’s As per railways sources, the couple had booked the entire train through the Indian Railway Catering and Tourism Corporation website.


View Full at timesnownews.com
September 02 2018
Bengaluru International Airport flight tickets are going to be cheaper

Kempegowda International Airport in Bengaluru, flight tickets are going to be cheaper than what they used to be airport authorities have slashed the user development fee (UDF) at the airport flight tickets from September 16 will be cheaper by Rs 1,137 for international bookings, and domestic bookings will cost Rs 245 lesser per ticket, Rs 400 for international tickets and Rs 100 for domestic bookings, The airport is owned 54% by Fairfax, 20% by Siemens and 13% each by the state and central government.


View Full at thenewsminute.com
September 02 2018
Did you know print cost of 2000, 500, 100 rs note

when it comes to money itself, we are mostly in the dark about its cost do you know how costly it is to produce one Rs 2000 note, the Government of India spends Rs 4.18 on each Rs 2,000 note. spends Rs 2.57 on every Rs 500 note, Rs 1.51 for every Rs 100 note and Rs 1.01 for every Rs 10 note. Printing a thousand Rs 500 notes of the demonetised currency cost the government Rs 3,090, while they spent Rs 3,540 per thousand Rs 1,000 notes.


View Full at businesstoday.in
September 01 2018
Jio trolls Vodafone idea merge bringing people together since 2016

Idea and Vodafone India announced the completion of their merger on Friday, merger has created India’s largest telecom service provider and displaced Bharti Airtel Ltd from the top spot after about two decades. Reliance Jio official twitter handle trolled the companies saying, "Bringing people together since 2016. The investments being made by Vodafone-Idea will also help the merged company match data capacities of its rivals. The merged entity will have net debt to the tune of ₹1.09 trillion.


View Full at livemint.com
September 01 2018