Startup India: PM Narendra Modi unveiled the 'Start-up India Action Plan' and announced a slew of incentives to boost start-up businesses in the country including a whopping Rs 10,000 crore fund corpus. Addressing the first conference of start-up entrepreneurs, Modi announced the 19-point start-up 'Action Plan' to boost such ventures which are seen as key to employment generation and wealth creation. PM asked youths of the country to be 'job creators' and not 'job seekers'. (Express photo): -
Wipro Q3 result: Wipro announced its results for the third quarter ended December 2015 on Monday before market hours. Consolidated net profit of the IT company grew 1.88 per cent on year-on-year (yoy) basis to Rs 2,234 crore. However, it fell 0.06 per cent on quarter-on-quarter (qoq) basis. (PTI photo)
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Air India: Air India has submitted its new position on the 5/20 norm to the Civil Aviation Ministry, which has to take a final call on the issue before sending it to the Union Cabinet for approval, sources said. Under the rule popularly called 5/20, a domestic carrier is allowed to fly abroad only after completing five years of domestic operations and having a minimum of 20 aircraft fleet. (PTI photo)
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Startup India: Japan-based SoftBank may scale up its planned investment of $10 billion in the coming years as the telecom and Internet giant sees the “beginning of Big Bang” for India. Stating that 21st century belongs to India, he said there exist huge opportunities in India. “Every market is different. I truly think this is really the beginning of Big Bang for India.” (PTI photo)
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Intex 4G cheapest phone: Intex has launched the cheapest 4G-enabled smartphone – Cloud 4G Smart at Rs 4,999. Available in black, white and champagne colour , Cloud 4G Smart will be available exclusively on Flipkart.Cloud 4G Smart features a 5-inch TFT display with a resolution of 854 x 480 pixels. It is powered by a 1.5 GHz quad-core processor coupled with 1GB RAM and 8GB internal memory (expandable up to 32 GB).
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Mahindra KUV100 price: Mahindra KUV100 priced at Rs 4.42 lakh was launched on Friday and today the automaker Mahindra and Mahindra and ecommerce giant Flipkart have announced an exclusive tie-up for online bookings too. The bookings for the compact SUV will open from midnight January 18, the two companies said.
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“As a consequence, Maruti Suzuki India will have to temporarily suspend manufacture of cars at its facilities in Manesar and Gurgaon, starting second half Monday (May 30),” Maruti Suzuki said in a statement.
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MakeMyTrip: Online travel company MakeMyTrip is under probe for alleged service tax evasion of Rs 75 crore. The Directorate General of Central Excise Intelligence (DGCEI) has registered a case against the online travel services provider for allegedly not depositing service tax which it had collected from the customers, official sources said. Following the probe, one of the company’s senior executives was arrested.
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Tata Steel: The UK government is considering to offer a loan to the potential buyer of a Tata Steel plant in the east of England to help support the crisis-hit British steel industry, according to a media report today. The Department for Business is believed to be considering the loan as part of a takeover by private equity fund Greybull Capital of the Scunthorpe plant in Lincolnshire. (Reuters photo)
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India vs Sri Lanka Live Cricket Score, Asia Cup 2025 Super Four: Gill and Abhishek Sharma open for IND against SL in Dubai
