Ladakh-bound bikers denied entry into Srinagar: Report
After the government advised Amarnath Yatris and tourists to leave Jammu and Kashmir amid terror attack reports, several Ladakh-bound bikers were denied entry into Srinagar, a report said. “I was not aware of any restriction like this,” one of the bikers said. Reportedly, many bikers changed their route and decided to head towards Ladakh through Himachal Pradesh’s Chamba area.
Enrolled over 9 lakh new members: Delhi BJP
The Delhi BJP has enrolled over nine lakh new members before the official membership campaign concludes on August 11, Delhi BJP General Secretary Kuljeet Chahal said. He added that the party will “easily achieve the target of making 10 lakh new members” in view of Delhi Assembly polls. The BJP’s membership campaign was launched on June 7 in Delhi.
2020 Apple MacBook to launch with 5G connectivity: Report
Apple is reportedly planning to launch MacBook models enabled with 5G cellular data connectivity in the second half of 2020. It is reportedly planning to use ceramic material for the 5G antenna board in the models, which costs six times more than metal ones. This comes days after Apple analyst Ming-Chi Kuo claimed all 2020 iPhones will support 5G technology.
8 of top 10 Indian firms lose ₹89,535 crore in m-cap, SBI worst hit
Eight of the 10 most valued Indian companies lost ₹89,535 crore in market valuation this week, with SBI emerging as the biggest loser. Reliance Industries, HDFC Bank, HDFC, Infosys, ITC, Kotak Mahindra Bank, SBI and ICICI Bank closed the trading week with losses. Only TCS and HUL saw gains in their market valuations.
Off-duty soldier saves kids from US shooting that killed 20
An off-duty soldier saved several kids from the shooting that killed 20 at a US Walmart store. “I was thinking that if my child, if I had one, was in the same predicament, what would I want somebody else to do?” he added. He further said that one of the policemen on the scene thought he was the shooter.
Trump calls Texas shooting that killed 20 an ‘act of cowardice’
US President Donald Trump has called the shooting in Texas that killed 20 people an “act of cowardice”. “I know that I stand with everyone in this country to condemn today’s hateful act. There are no reasons or excuses that will ever justify killing innocent people,” Trump tweeted. Meanwhile, police said a manifesto from the suspect is being examined.
No fintech startup has come out of anybody who knew fintech: Khosla
Indian-American billionaire investor Vinod Khosla, at an event on Friday, reiterated that none of the large innovations he could track came from an existing large company in any space. “No fintech startup has come out of anybody who knew fintech,” he said. The 64-year-old Sun Microsystems Co-founder also gave Elon Musk and Tesla as an example to support his statement.
eBay sues Amazon managers over conspiracy to poach its sellers
Online retail giant eBay has sued three Amazon managers in California, accusing them of conspiring to poach high-value online merchants. Amazon managers, as part of a “racketeering scheme”, offered incentives for employees to illegally infiltrate eBay’s internal messaging system, the lawsuit said. It further alleged they trained employees on how to create fake eBay accounts and target sellers.
Neymar can take Messi’s place at Barça: Ex-Brazil player Edmilson
Ex-Brazil footballer Edmilson has said Neymar can “very well” take the place of Lionel Messi at Barcelona. “Barcelona will be thinking about Messi’s retirement. He still has a few years left in him, but in 3-5 years…Neymar could take his place,” he added. Edmilson further said that although Neymar is a great player, he needs to have a good mindset.
Deepika Padukone features on August cover of Vogue India
Actress Deepika Padukone has featured on the cover of the August edition of fashion magazine ‘Vogue India’. Styled by Anaita Shroff Adajania, the actress can be seen holding a trench coat by British luxury fashion house ‘Burberry’ on the cover. She has talked about suffering from depression among other things in the cover story.
20 killed in shooting at Walmart store in US; gunman arrested
A gunman armed with a rifle killed 20 people at a Walmart store in Texas, US, on Saturday before being arrested. Police said the suspect, who has been identified by US media as Patrick Crusius, was a resident of the city of Allen. The shooting comes just six days after a gunman killed three people at a California food festival.
9 killed in Ohio in second mass shooting in US in 24 hours
Hours after a gunman killed 20 people at a Walmart store in US’ Texas, nine people have been killed in a mass shooting in Ohio, police said. Police further said that the shooter has been killed, adding that the FBI is on scene to assist in the investigation. Police have also asked witnesses to assist them with the investigation.
Come with a white flag & take the dead bodies: Indian Army to Pak
After foiling an attack by Pakistan’s Border Action Team and killing five to seven intruders, the Indian Army has offered the Pakistan Army to take over the dead bodies for last rites. The Pakistan Army has been told to approach with a white flag. Pakistan’s Border Action Team tried to attack a forward post along the LoC in J&K.
RBI imposes ₹1.5 cr fine on Oriental Bank, ₹50 lakh on PNB
The RBI imposed a penalty of ₹1.5 crore on the Oriental Bank of Commerce for failing to classify and report the Kingfisher Airlines account as fraud. The Punjab National Bank (PNB) was also fined ₹50 lakh by the central bank for delayed reporting of fraud in the account. Kingfisher Airlines had ceased operations in 2012 amid mounting debt and losses.
Govt raiding RBI’s reserves shows it’s desperate: Ex-RBI Guv
Former RBI Governor Duvvuri Subbarao said the government trying to “raid” the central bank’s reserves shows that it’s “desperate”. This comes as former RBI Governor Bimal Jalan-led committee is reportedly finalising its report on the transfer of excess RBI capital to the government. Subbarao added India should be “wary” of the decision ultimately taken on the surplus reserves and transfer.
President Kovind honoured with Guinea’s highest award
President Ram Nath Kovind was honoured with The National Order of Merit, Guinea’s highest award on Saturday. “May this…inspire us as we work together…and…be our…symbol for…mutual trust and confidence,” Kovind said. During Kovind’s official visit, India and Guinea signed three MoUs in the field of medicine and homeopathy, renewable energy and participation in e-VBAB Network Project.
CCD’s VG Siddhartha had repaid dues pending with us: Tata Capital
Café Coffee Day’s late Founder VG Siddhartha had repaid all the loans taken from Tata Capital Financial Services (TCFS) and has no outstanding dues to the entity, TCFS has said. According to TCFS, it had a maximum exposure of ₹165 crore to Café Coffee Day (CCD) group in FY2017-18. The entire amount had been repaid by March 2019, TCFS added.
Pak PM Imran Khan sends ₹430 crore defamation notice to TV anchor
Pakistan Prime Minister Imran Khan has sent an over ₹430 crore defamation notice to a TV anchor, alleging false reporting about his personal life. The notice said that derogatory, false and defamatory comments were made against Khan during a program that aired in March this year. It further said that Khan’s “life and career are idolised by millions of Pakistanis”.
StockX hacked, records of 6.8 million customers stolen: Report
US-based fashion and sneaker trading platform StockX was hacked in May and more than 6.8 million records were stolen by a hacker, a TechCrunch report said. The report comes days after StockX pushed out a password reset email to its users citing “system updates”. However, a company spokesperson later said that StockX was “alerted to suspicious activity” on its website.
Lewis Hamilton wins his seventh Hungarian Grand Prix Mercedes’ Lewis Hamilton won his record-extending seventh Hungarian Grand Prix in the Hungaroring on Sunday. With the win, Hamilton moves to within 10 race wins of Michael Schumacher’s all-time Formula One victory record of 91. Red Bull’s Max Verstappen finished second while Ferrari’s Sebastian Vettel was placed third. Hamilton now has 250 points in the drivers’ standings.
