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Mukesh Ambani says Jio was seeded by daughter Isha in 2011

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Billionaire Mukesh Ambani’s telecom venture Jio, which catapulted India as the world’s largest mobile broadband data consuming nation in less than two years, was first seeded by his daughter, Isha, in 2011. This was revealed by Ambani, the richest Indian, in his acceptance speech last night after his oil-to-telecom conglomerate, Reliance Industries was presented with the ‘Drivers of Change’ award at the Financial Times ArcelorMittal Boldness in Business Awards. Since the idea first cropped up, Reliance, which owns and operates the world’s largest single location refinery complex at Jamnagar in…

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Iran, Russia and Turkey hold Syria talks in Astana

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The foreign ministers of Iran, Russia and Turkey were locked in talks on Syria in Kazakhstan Friday, almost a month after the Moscow and Tehran-backed regime began pounding an opposition enclave just outside of Damascus. The dire humanitarian situation in Eastern Ghouta, a suburb of the Syrian capital, is likely to be on the agenda as Mohammad Javad Zarif of Iran, Sergei Lavrov of Russia and Mevlut Cavusoglu of Turkey convened in the Kazakh capital Astana Friday. Speaking at the outset of the talks Friday Lavrov said that “millions of…

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NATIONAL NEWS NEWS CATEGORIES 

PM to scientists: extend research from labs to land

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Prime Minister Narendra Modi today exhorted scientists to extend their research from “the labs to the land” for the greater benefit of the people and said time was ripe to redefine R&D’ as research for development of the nation. Addressing the inaugural session of the 105th Indian Science Congress here, he said India has a rich tradition and a long history of both discovery and use of science and technology. “It is time to reclaim our rightful place among the front-line nations in this field,” he said, calling upon the…

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NATIONAL NEWS NEWS CATEGORIES 

No-confidence motion not taken up; LS washed out for 10th day

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The Lok Sabha today could not take up notices for no-confidence motion against the NDA government moved by Andhra Pradesh parties, with Speaker Sumitra Mahajan saying there was no order in the House and adjourned the proceedings for the day amid vociferous protests over various issues. In the nearly four-year rule of the BJP-led NDA alliance, this is the first time that no-confidence motion notices have been moved against the government. The notices were moved by YSR Congress and TDP, who have been demanding special status for Andhra Pradesh, an…

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ENTERTAINMENT NEWS CATEGORIES 

Looking forward to see Nandita’s version of Manto: Hansal Mehta

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Director Hansal Mehta, whose project on noted writer Sadat Hasan Manto could not take off, is looking forward to see how Nandita Das has approached the author’s life. Mehta had started working on the script with actor Rajkummar Rao but the director could not find producers for the movie and eventually moved on to “Aligarh”. Das’ version features Nawazuddin Siddiqui as Manto and focuses on his years in Mumbai. “Both Nandita Das and I were working on the ‘Manto’ script at the same time. She had called me saying she…

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LEGAL NEWS NEWS CATEGORIES 

Unable to trace Rohini ashram founder: CBI tells HC

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The CBI today told the Delhi High Court that its efforts to trace self-styled preacher Virender Dev Dixit, who had allegedly confined several women at an ashram here, have not yielded results so far. The agency has informed that Dixit “is absconding and has not joined investigation and efforts are being made to trace him in Nepal,” a bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar said. Officials of Dixit’s North West Delhi ashram, from where girls and women were rescued, also told the court that…

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LEGAL NEWS NEWS CATEGORIES 

SC stays defamation complaint of Jay Shah, chides media

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The Supreme Court today asked a Gujarat trial court not to proceed till April 12 with the criminal defamation complaint of Jay Shah, son of BJP president Amit Shah, against news portal ‘The Wire’ and its scribes and chided especially the electronic media for projecting “whatever they feel like” against a person. A visibly irked Chief Justice Dipak Misra tongue-lashed the media, especially the TV channels and portals, and asked: “Can somebody reproduce something in official/public domain and add something ‘defamatory’ to it. Are innuendos in the realm of defence…

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BUSINESS NEWS CATEGORIES 

Sebi slaps Rs 12 L fine on merchant banker in Onelife Capital IPO case

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Markets regulator Sebi today imposed a fine of Rs 12 lakh on merchant banker Atherstone Capital Markets for mis-statement and non-disclosures of material developments in the IPO papers of Onelife Capital Advisors. The regulator, through an interim order in December 2011, has barred Atherstone from taking up any new assignment as merchant banker till further directions. These directions were confirmed by Sebi in January 2013 and continued to be in force till July 2016. “For the purpose of imposing penalty, I have considered the prohibition already undergone by noticee (Atherstone)…

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BUSINESS NEWS CATEGORIES 

Audi to hike car prices by up to Rs 9 lakh from April

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German luxury car maker Audi today said it will increase prices of its vehicles by up to Rs 9 lakh from April 1 to pass on the impact of increased customs duty in the Budget. The price across the entire model range will be increased by up to 4 per cent owing to the hike in the customs duty announced in the Union Budget, Audi India said in a statement. The price increase will range from Rs 1 lakh to Rs 9 lakh and will be effective from 1st April,…

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राष्ट्रीय हिंदी न्यूज़ 

तमिलनाडु में दिनाकरण ने लॉन्च की नई पार्टी AMMA, कहा- जयललिता का असली उत्‍तराधिकारी मैं

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तमिलनाडु की राजनीति में गुरुवार को एक नई पार्टी का उदय हुआ. एआईएडीएमके के बागी नेता और आरकेनगर से निर्दलीय विधायक टीटीवी दिनाकरण ने अपनी नई पार्टी ‘अम्मा मक्कल मुनेत्र कड़गम’ लॉन्च की. मदुरई में एआईएडीएमके के बागी विधायकों और भारी संख्या में उमड़े समर्थकों की मौजूदगी में दिनाकरण ने अपनी पार्टी, चुनाव चिह्न और झंडा लॉन्च किया. दिनाकरण ने कहा कि वह दिवंगत जयललिता के असली उत्तराधिकारी हैं. अपने समर्थकों को संबोधित करते हुए दिनाकरण ने कहा, ‘हम अब अपनी नई पार्टी और झंडे के साथ आने वाले सभी चुनावों को…

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