Largest FDI investment: Facebook takes 9.99% stake in Reliance Jio at Rs 43,574 crore

Largest FDI investment: Facebook takes 9.99% stake in Reliance Jio at Rs 43,574 crore

Social media giant Facebook has picked up a 9.99 per cent stake in Reliance Industries’ Jio Platforms at Rs 43,574 crore ($5.7 billion) making it the largest FDI for minority investment in India. Jio Platforms is a wholly-owned subsidiary of Reliance Industries Limited that works on digital apps, digital ecosystems and the mobile service. The investment by Facebook […]

Citing strain on state exchequer due to relief measures, Punjab CM seeks Rs 7,400-cr from Centre

Citing strain on state exchequer due to relief measures, Punjab CM seeks Rs 7,400-cr from Centre

POINT TO an alarming resource gap between the state’s anticipated receipt and committed expenditure, Punjab Chief Minister Capt Amarinder Singh on Tuesday demanding interim compensation to the tune of Rs 3,000 crore for the month of April on account of the COVID-19 pandemic. In a letter to Union Home Minister Amit Shah, the chief minister also asked […]

Re-publishing own work will now be called self-plagiarism, could affect promotions: UGC

Re-publishing own work will now be called self-plagiarism, could affect promotions: UGC

New Delhi: Re-publishing or re-cycling one’s own academic work will now affect selection and promotions of academics in colleges and universities, the University Grants Commission (UGC) said Monday. In a notification seeking to “draw the attention of the academic community”, the UGC called the re-use of own academic work “self-plagiarism”, and warned everyone against the practice. “Reproduction, […]

12-year-old walks 100 km, dies just short of Bijapur home

12-year-old walks 100 km, dies just short of Bijapur home

Jamalo Madkam, 12, left her house for the first time two months ago, going with some relatives and friends to work at a chilli farm in Telangana. On Sunday, she returned dead, trying to make her way back amidst the coronavirus lockdown. Officials said the tribal girl died on April 18 due to electrolyte imbalance and exhaustion, […]

Behind new shield for Indian firms from China, a worrying trend and Ajit Doval

Behind new shield for Indian firms from China, a worrying trend and Ajit Doval

The government’s decision to insist on regulatory oversight of Chinese foreign direct investment (FDI) is an attempt to ring-fence India’s capital hungry startup and tech trailblazers being swallowed up by cash rich investors from the dragon country, many of which may enjoy tacit state support. Over the weekend (April 18), the department of promotion of […]

Civic officials wanted to shift suspected Covid-19 patients in Bengaluru, face locals’ ire

Civic officials wanted to shift suspected Covid-19 patients in Bengaluru, face locals’ ire

Some people clashed with civic body officials in Padarayanapura in Bengaluru on Sunday night when they reached the area reportedly to take suspected Covid-19 patients in quarantine, news agency ANI reported. Padarayanapura has been declared a red zone and officials of Bruhat Bengaluru Mahanagara Palike (BBMP) identified 15 secondary contact of a Covid-19 positive patients, […]

The curious case of South Asian countries and coronavirus

The curious case of South Asian countries and coronavirus

New Delhi: South Asia accounts for approximately 22 per cent of the world population but there are less than 25,000 cases here. This is less than the number of cases registered in the US everyday. Even though only suspected cases are being tested in India, a mere 4.7 per cent of these tests are positive. The […]

India coronavirus latest updates, April 19: Cases cross 16,000 mark; no cut in pension for Central govt employees

India coronavirus latest updates, April 19: Cases cross 16,000 mark; no cut in pension for Central govt employees

Coronavirus India Updates: The Covid-19 tally in India crossed the 16,000-mark on Sunday to stand at 16,116, after 1,334 fresh cases were reported, the Ministry of Health said. The figure includes 519 deaths. As many as 2,231 COVID-19 patients, which is around 14.19 per cent, have been cured. Meanwhile, the government banned e-commerce companies from delivering non-essential items […]

Covid-19: Army takes over day-time management of Delhi quarantine centre which houses Jamaat members

Covid-19: Army takes over day-time management of Delhi quarantine centre which houses Jamaat members

A team of 40 Indian Army personel, including doctors and paramedics, has taken over the management of quarantine facility in Narela which currently houses 932 members linked to the Tablighi Jamaat congregation in Delhi’s Nizamuddin area last month. The Army has taken the initiative to manage the facility from 8 am to 8 pm relieving […]