ONGC, Rosneft sign first-stage agreement for Vankorneft JV

ONGC Videsh Ltd and Rosneft signed an agreement of confirmation of successful completion of the first stage pre-completion actions in relation to the creation of a joint venture in JSC Vankorneft. Vankorneft, Rosneft subsidiary, was established in 2004 for development of Vankor oil and gas condensate field – the largest of the fields, discovered and […]

WATCH: Mukesh Ambani seeks employee feedback before final Reliance Jio 4G launch

Mukesh Ambani, son of Dhirubhai Ambani and chairman of Reliance Industries, launched the group’s latest initiative, Reliance Jio Infocomm’ 4G service in Mumbai on Sunday and urged the employees to test and give feedback on the network. Though the launch did not give any details such as when exactly the 4G service will be opened […]

Facebook to explore putting ads on Free Basics in the future

Facebook, the world’s largest social media company, said it will explore the option of putting advertising in its ‘free Internet’ platform – Free Basics. Participating in a discussion on Reddit, Facebook’s Vice President in charge of Internet.org, Chris Daniels said it’s a possibility the company will look at in the future. Facebook had come under […]

Facebook VP to take questions on Reddit AMA today 6 pm on Free Basics and Net Neutrality

Facebook’s Vice President in charge of Internet.org, Chris Daniels will answer ‘any questions’ on the discussion website Reddit at 6 pm today. The move comes in the wake of an uproar in social media in India over what many perceive as Facebook’s attempt to take over the Internet, especially in lower-income countries like India. Daniels […]

Idea offers 1 GB of free 4G data in 180 cities in Karnataka, Kerala, Tamil Nadu, Andhra

Idea Cellular, the country’s third biggest telecom operator and holder of 4G spectrum, is offering 1 GB of 4G data in 190 cities spread over eight states as part of a ‘pre-book’ offer. The scheme is applicable only to those who have Idea phone numbers. Subscribers will have to also change their SIMs to a […]

Royal Enfield production disrupted for 14 days by Chennai floods

Eicher Motors, manufacturer of Royal Enfield bikes, said production at both of its factories in Chennai have been normalized as of Dec 14. Production at the Royal Enfield factories at Thiruvottiyur and Oragadam was suspended on Dec 1 after heavy rains and flooding disrupted operations. The company resumed production of motorcycles on December 7, 2015 […]

Reliance Jio 4G to offer 10 GB at Rs 600, 60% cheaper than Airtel, Vodafone at launch

Data prices in India are about to crash, going by trickling information about tariff plans of upcoming operator Reliance Jio. The Reliance Industries company, which will launch it 4G services on Dec 28, will be pricing its 10 GB pack at around Rs 600 per month, according to a retailer. UPDATE: Jio may be launching […]

COLUMN: The True Price of Facebook’s ‘Free Internet’ program

Facebook, the world’s biggest social network, is prompting its users to send a submission to the Telecom Regulatory Authority of India to save its ‘Free Basics’ program, urging them to fight the “small, vocal group” of net neutrality activists. “A small, vocal group of critics are lobbying to have Free Basics banned on the basis […]

Delhi High Court pollution order to affect some models – Mahindra & Mahindra

India’s biggest sports utility vehicle maker said the Delhi High Court’s order banning the sale of diesel vehicles with engine sizes over 2 liter could hit its sales by about 2%. “Honourable Court’s order today affects the sales of some of the Company’s products in NCR. The vehicles affected represent about 2% of the Company’s […]

India to buy Chinook, Apache helicopters from the US for defence forces

India has signed an agreement with the US Government and aircraft maker Boeing to purchase Apache attack helicopters and Chinook heavy lift helicopters, the government said. India is not a traditional buyer of US-made defence equipment, preferring to engage with Russia and the Europeans instead. However, with the new government under Narendra Modi, India is […]

Supreme Court upholds 8th pass as minimum for Panchayat elections in Haryana

The Supreme Court of India has upheld the Haryana Panchayati Raj (amendment) Act 2015 that bans anyone with less than 8th standard education from standing for Panchayati Raj elections. They can, however, stand for Parliament and State Assembly elections. For general category candidates, the minimum qualification is 10th standard pass. The law has been passed […]

CSE bats for putting clear limits on carbon emissions by countries

Centre for Science and Environment, one of India’s biggest environmental research and lobbying organization, has said that the current proposal to set a target of limiting temperature increase to 1.5 degrees could be a ‘hollow shell’ if no limits are placed on individual country emissions. Countries from across the world are negotiating in the Paris […]

Muthoot Finance warns against scamsters and frauds

Muthoot Finance, one of India’s leading gold loan companies, has cautioned people against paying money to so-called agents in return for loan approvals. “In a recent instance, an unidentified organisation has fraudulently attempted to lure customers/investors, through the platform of Muthoot Finance, by sending bogus loan approval letters to unsuspecting people,” the company said. To […]

Obama calls Modi on climate change targets

US President Barack Obama called Indian Prime Minister Narendra Modi to talk about the ongoing climate change talks, the Indian government said. “The conversation focused on the ongoing Conference of Parties (CoP21) in Paris. Both leaders underscored their strong commitment to address issues related to Climate Change being discussed in the Paris conference through constructive […]

Chennai Airport international flights resume as normal from today

A day after starting domestic operations, Chennai Airport has resumed international flights to and fro from 6 AM today. Night flight operations will also continue, airport authorities informed. Among the flights that have landed at Chennai Airport today are TruJet from Shamshabad to Chennai arrived at 0830 and Express India flight from Singapore to Chennai […]

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