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BUSINESS NEWS CATEGORIES 

Workplace automation in India to double in next 3 yrs: Report

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New Delhi, May 23 (DIN NES) Workplace automation, including the use of artificial intelligence (AI) and robotics, is expected to double in India in next 3 years, but only a few companies and HR functions are fully prepared to address this organisational change, says a survey. According to a survey by Willis Towers Watson, companies in India expect the use of automation in the workplace to increase from the current 14 per cent to 27 per cent in three years, higher than the global and APAC average. Contrary to the traditional…

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BUSINESS NEWS CATEGORIES 

Sebi to auction 20 assets of Pancard; reserve price at Rs 1,700-cr

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New Delhi, May 23 (DIN NEWS) Looking to recover over Rs 7,000 crore of investors’ money, markets regulator Sebi will next month auction 20 properties of Pancard Clubs and its late chairman and managing director at a total reserve price of over Rs 1,700 crore. This is in addition to at least 57 properties which were auctioned between December and May with combined reserve price of more than Rs 3,000 crore. In a notice issued today, the Securities and Exchange Board of India (Sebi) said SBI Capital Markets will auction 17…

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NEWS CATEGORIES WORLD NEWS 

No agreement with Pak on resolving Indus Waters Treaty dispute: World Bank

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Washington, May 23 (DIN NEWS) The World Bank has said it could not reach an agreement with Pakistan to address its concerns regarding the Indus Waters Treaty with India after two-days of talks here, days after India inaugurated the Kishanganga hydroelectric project in Jammu and Kashmir. A high-powered Pakistani delegation led by Attorney General Ashtar Ausaf Ali met with World Bank Chief Executive Officer Kristalina Georgieva and other senior officials on Monday and Tuesday. During the meetings, held at Pakistan’s request to discuss issues regarding the Indus Waters Treaty and opportunities…

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NEWS CATEGORIES WORLD NEWS 

India, Pak entry into SCO increased potential for cooperation: Xi

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Beijing, May 23 (DIN NEWS)  Chinese President Xi Jinping has said with the entry of India and Pakistan, the Shanghai Cooperation Organisation (SCO) has gained more potential for cooperation and more expectations from the international community. In his address to the representatives to the 13th meeting of Security Council Secretaries of the SCO here yesterday, Xi said maintaining regional security and stability has been the top priority of the bloc since it was founded. “The SCO members have fought the ‘three evil forces’ of terrorism, separatism and extremism; prevented the…

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NEWS CATEGORIES SPORTS 

Reina, Cannavaro face Italian FA grilling over alleged mafia links

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Milan, May 22 (DIN NEWS) Footballers Pepe Reina, Paolo Cannavaro and Salvatore Aronica have been ordered to appear before a Italian Football Federation (FIGC) panel over their alleged association with people linked to the mafia, according to reports in Italy today. Naples’ anti-mafia department opened an investigation and the FIGC’s chief prosecutor Giuseppe Pecoraro has ordered the three players to appear before a disciplinary committee hearing on a date yet to be decided. Both Cannavaro and Aronica played for Napoli for a few years, while former Liverpool goalkeeper Reina will leave…

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NEWS CATEGORIES SHOPPING 

Manika, Mirabai sign up with IOS Sports

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New Delhi, May 22 (DIN NEWS) Commonwealth gold medal winning table tennis star Manika Batra and weightlifter Mirabai Chanu have signed multi-year agreements with sports management firm IOS. IOS will now manage their endorsements, appearances, brand profiling, patents, licensing and digital rights, images, and visibility on social networking sites, the company stated in a media release. With this deal, Manika and Mirabai join the likes of boxing stars MC Mary Kom, Vijender Singh and Saina Nehwal on the IOS roster. The 22-year-old Manika had bagged medals in four events, including an…

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ENTERTAINMENT NEWS CATEGORIES 

Veteran actor Hemu Adhikari dies

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Mumbai, May 22 (DIN NEWS) Veteran film and theatre actor DrHemu Adhikaridied due to a lung ailment at his residence in Dadar here yesterday, family sources said. He was 81. Adhikari,known for his cameo in Rajkumar Hirani’s “Lage Raho Munna Bhai” (2006),was suffering from a lung infection for the last one-and-a-half years. He acted in Sai Paranjpe’s “Katha” and Marathi films like “Dhyaas Parya” and “Harishchandrachi Factory”. His last rites were performed last night, the sources said. The actor is survived by wife, two daughters and a son. Noted Bollywood and…

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ENTERTAINMENT NEWS CATEGORIES 

Vir Das to do two more live stand-up comedy shows for Netflix

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Mumbai, May 22 (DIN NES) After ‘Abroad Understanding’, Netflix has ordered two additional live stand-up comedy specials from actor-comedian Vir Das. ‘Abroad Understanding’ debuted on Netflix in April last year and tackled nationalism, globalism, good food and bad politics in two crosscut performances in New York and New Delhi. The first of the two newly ordered specials will be shot in San Francisco at the Regency Ballroom on July 14. “I love working with Netflix. They are spearheading comedy across the world right now. Every major comic I love watching is…

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LEGAL NEWS NEWS CATEGORIES 

HC rejects IHCL’s plea against tender process to auction hotel

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New Delhi, May 22 (DIN NEWS) The Delhi High Court today dismissed a plea by Tata Group-owned Indian Hotels Company Ltd (IHCL), challenging the tender procedure for the proposed auction of Delhi’s Taj Mahal Hotel by the NDMC. The verdict was pronounced by a bench of Justices S Ravindra Bhat and A K Chawla. The court had reserved its order on May 3 after hearing arguments of the counsel for the IHCL and New Delhi Municipal Council (NDMC) which had claimed that it had not prejudiced the Tatas in any way.…

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BUSINESS NEWS CATEGORIES 

BRICS Bank plans to launch Americas Regional Office in Brazil

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Beijing, May 22 (DIN NEWS) The BRICS New Development Bank (NDB) is planning to launch its Americas Regional Office in Brazil this year, the bank said today. K V Kamath, the NDB president, made the remarks while meeting with Brazilian Foreign Minister Aloysio Nunes Ferreira in Shanghai yesterday. The Americas Regional Office will increase the operational capabilities of the NDB, headquartered in Shanghai, and facilitate identification and preparation of bankable projects in Brazil, the bank said in a press release today. Together with the Africa Regional Centre opened last year in…

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