Vodafone Idea kicks off cost optimization plan 2.0

Having reached the cost-saving target of its merger one year ahead of schedule, Vodafone Idea said it has now kicked off another cost-reduction plan. PLAN 1.0 The company said it reduced its operating expenses during the January-March period by around Rs 2,100 cr compared to before the merger, which works out to savings of Rs […]

No cash? Get a car on ‘subscription’ from Maruti Suzuki

Maruti Suzuki, the country’s largest carmaker, has started a car subscription service in India in association with ORIX, a Japan-based car rental service provider. Car subscriptions are like car leasing, but with more flexibility that comes at typically higher costs. Unlike car leasing, car subscriptions typically do not come with conditions such as travelling limits. […]

China says India’s app blocking is discriminatory, against international trade

The Chinese embassy in India has called the Indian move to block 59 apps from China as ‘discriminatory’ and ‘against the general trend of international trade and E-commerce’. India blocked the apps yesterday in response to China ratcheting up its military presence on the Indian border, ostensibly in preparation for an attack on India. The […]

Sun TV Network’s non-subscription revenue down 41%

Sun TV Network, which operates television channels such as Sun TV, Udaya TV and Gemini TV, saw a 41% fall its revenue from advertising and other non-subscription sources during the three months from January to March 2020. The company, which owns the Sunrisers Hyderabad IPL team, was hurt by the impact of Coronavirus on the […]

Uttar Pradesh completes evacuation of migrant workers

The Uttar Pradesh government has completed the task of bringing back stranded and jobless migrant workers from various places like Mumbai, Delhi and Gujarat, chief minister Yogi Adityanath said today. “The whole country is grateful [for the way in which] decisions were taken by the Prime Minister during the global pandemic, and for the systematic […]

Pinarayi Vijayan targets Jamaat-e-Islami alliance with Congress front

Kerala Chief Minister Pinarayi Vijayan has, for the first time, used his daily Coronavirus update to attack a newspaper’s coverage of the crisis in the first sign that the Left Front is worried about the work-in-progress alliance of the Kerala unit of Jamaat-e-Islami — which works to establish the Islamic way of life in India […]

AAP office-bearers in Kerala resign en masse to join Swaraj India

Swaraj India, the fledgling political party under the leadership of former AAP leaders such as Yogendra Yadav and Prashant Bhushan, announced that a large chunk of AAP’s office bearers in Kerala have joined the party. These include 77 elected State Coordination Committee members and around 700 volunteers, according to a statement from the party. Among […]

Kerala requests center to restart international flights to the Gulf

The Kerala government has requested the central government to restart international flights to Dubai, keeping in mind the Dubai government’s decision to reopen the airport and the requirement of Indians to return to work. “We have requested that flights to Dubai be restarted, given that the authorities there have given permission for residents of Dubai […]

ABB India expects no ‘significant adjustments’ due to COVID-19

ABB India, the local unit of the Swiss-Swedish machinery and equipment maker, said it does not “anticipate any significant adjustments” due to the impact of the COVID-19 pandemic and the subsequent lock down. “The Company has evaluated the liquidity position, recoverability, carrying value of its assets and does not anticipate any significant adjustments at this stage […]

COVID-19: 35,327 NRIs return to Kerala after losing jobs

Kerala Chief Minister Pinarayi Vijayan said that 35,327 people have returned to the state from other countries — mainly the Persian Gulf — in the last month-and-a-half after losing their jobs. They accounted for 50% of the total 71,958 people who have come back to the state in the first 46 days since flights were […]

Tata Power gets letter of award for 100 MW solar farm in Maharashtra

Tata Power Renewable Energy, a unit of Tata Power, has been awarded a contract to supply solar electricity to Maharashtra State Electricity Distribution Co for a period of 25 years. State and central power utilities award such contracts by conducting a bidding process in which companies are expected to offer their cheapest rate for supplying […]

Left Front govt changes plans to reopen Sabarimala temple

The Dharma Sastha Temple at Sabarimala will not open to the public this month as was announced earlier, Kerala Devaswom Minister Kadakampally Surendran said. The move comes as a setback to opposition parties Indian National Congress and Bharatiya Janata Party, which had been trying to portray the Left Front government has ‘anti-Hindu’ for its decision […]