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1. PM Modi's cash in hand only Rs 4,700, total assets over Rs 1 cr: Prime Minister Narendra Modi does not seem to keep much cash in hand even as his total assets have gone up to Rs 1.41 crore — largely due to a residential property that has appreciated by more than 25 times since purchase over 13 years ago. According to the latest details of his assets disclosed by the Prime Minister's Office, Modi had total 'cash in hand' of just Rs 4,700 at the end of the last fiscal, down from Rs 38,700 disclosed mid-fiscal as on August 18, 2014. However, the total value of Modi's movable and immovable assets during this period has grown from Rs 1,26,12,288 crore to Rs 1,41,14,893 crore as on March 31, 2015. (Image Source: Reuters)
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2. Jet Airways to start in-flight wireless streaming service: Jet Airways will introduce a new in-flight service for streaming of entertainment content directly to wi-fi enabled personal devices of the passengers. The airline would offer in-flight entertainment (IFE) streaming service in phases and enable passengers to stream their selection from the wide range of multilingual content available inboard. "The streaming service will be introduced on the Boeing 737 Next Generation aircraft in the Jet Airways fleet starting from the second quarter of 2016," it said in a statement on Monday. (Image Source: Reuters)
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3. Google parent tops Apple as world's most valuable company: Alphabet, Google's new parent company, topped Apple as the world's most valuable business in after-hours trading Monday after reporting surging earnings. Alphabet Inc. earned $4.9 billion in net income on revenue of $21.3 billion in the fourth quarter. If not for employee stock expenses and certain other items, Google said it would have earned $8.67 per share. That figure easily topped the average estimate of $8.10 per share among analysts surveyed by FactSet. (Image Source: Reuters)
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4. Motorola launches Moto X Force with ‘shatterproof’ display at Rs 49,999: Motorola has finally launched the much awaited Moto X Force in India with Shatterproof display. The company has priced the handset at Rs 49,999 and it will be available via Amazon, Flipkart and other retail outlets across the country starting from February 8. The USP of the handset is its 5.4-inch 'shatterproof' display which is powered by Moto ShatterShield display technology.
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5. Indian Railways revises norms on unreserved tickets for outstation trains: Railways has revised guidelines about validity of unreserved tickets for outstation trains running in non-suburban sections for distance up to 199km. No changes, however, have been made in the existing provisions for travel distance of 200km and beyond, said a statement issued by the Public Relation Department of the Western Railway. "As per the new guidelines to be implemented, with effect from March 1, 2016, for distances up to 199 km, the journey shall start from the originating station within three hours of time of issue of tickets or up to the departure of first train for the destination whichever is later," it said. (Image Source: Reuters)
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6. Snapdeal ties up with EESL to sell LED bulbs for Rs 99: Online retailer Snapdeal has joined hands with State-run Energy Efficiency Services Ltd (EESL) for selling LED bulbs at Rs 99 per unit. EESL is implementing the Centre's Domestic Efficient Lighting Programme (DELP). "Under the campaign, Snapdeal will be selling LED bulbs at Rs 99 and enable the Ministry of Power to increase distribution of LED bulbs through its online marketplace to its customers spread across over 5,000 towns and cities of India," Snapdeal said in a statement. (Image Source: Reuters)
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7. Housing.com partners ICICI Prop Services for online expo: Property portal Housing.com has partnered with ICICI Property Services to organise virtual exhibitions this year. "Housing.com has entered in an exclusive one year partnership with ICICI Property Services, a division of ICICI Home Finance Company. "Under the partnership, the company will organise a virtual exhibitions during the year which will see participation from various leading developers across India," a statement issued here on Monday said.
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8. SBI launches new home loan scheme for working executives: State Bank of India (SBI) on Monday launched a new home loan scheme which will enable young working professionals to get higher amount than they are eligible for. Under the scheme, 'SBI FlexiPay Home Loan', the additional loan amount will help such professionals in acquiring better and spacious living spaces for themselves and their families, the country's largest lender said in a statement here. (Image Source: Reuters)
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9. SpiceJet offers reimbursement option for cancellations, delays: To help flyers in times of disruptions, SpiceJet on Monday unveiled an option that would guarantee travel within a day for passengers whose flights have been cancelled or delayed for over 90 minutes. SpiceJet would reimburse the passenger for an alternate flight ticket on the airline of their choice in the same route as booked earlier, subject to certain conditions. The budget carrier's move comes at a time when there are rising instances of flight schedules getting disrupted due to various factors, including weather conditions. (Image Source: Reuters)
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10. Ola drivers go Uber way, remove company branding on vehicles: On the lines of online taxi hailing service Uber, which never advertises itself on its vehicles, many of the drivers of its competitor Ola are now removing the Ola brand stickers on their vehicles. This move could help Ola cab drivers to tag their vehicles with multiple taxi aggregators, operating at their convenience. The company, which has about 2.5 lakh vehicles on its platform, since its inception in 2011, put Ola stickers on the cabs and saw it as a major advertising push to boost its brand visibility. (Image Source: Reuters)
Perplexity CEO Aravind Srinivas congratulates Sridhar Vembu as Arattai jumps from 3,000 to 350,000 sign-ups within days of its launch
