RBI penalises Axis, UCO, Syndicate Bank over non-compliance
The RBI on Tuesday said it has imposed a total penalty of ₹2.2 crore on private lender Axis Bank in two separate cases. A penalty of ₹2 crore has also been imposed on UCO Bank and ₹1 crore on Syndicate Bank for violation of norms. The action won’t have any material impact on the banks, the central bank added.
HCL Technologies Q3 profit rises 26% to ₹2,605 crore
Software services giant HCL Technologies on Tuesday posted a 26% rise in December quarter profit at ₹2,605 crore. Revenue for the period stood at ₹15,699 crore, up 23% from the same period in the previous year. During the quarter, the company acquired seven IBM software products for $1.8 billion in its biggest-ever acquisition.
PNB Q3 profit up 7% at ₹247cr, first profit in four quarters
State-run Punjab National Bank (PNB) on Tuesday reported a 7% year-on-year rise in its third-quarter profit at ₹247 crore, the lender’s first profit in four quarters. The bank said it made a provision of ₹2,014.04 crore during the quarter against the ₹14,357-crore Nirav Modi fraud, thereby fully providing for it. The lender’s net interest income rose 7.5% to ₹4,290 crore.
Govt asks RBI to transfer excess reserves for FY17, FY18
The government has asked the RBI to transfer its entire surplus for the last two years as it seeks to meet revised budget goals for FY19 and FY20. It has asked RBI to pay ₹13,190 crore for FY17 and ₹14,190 crore for FY18. This comes before the RBI reserves surplus committee, headed by former Governor Bimal Jalan, submits its report.
Posters of Rahul, Priyanka, Robert Vadra put up outside Congress HQ
Posters of Congress President Rahul Gandhi, Priyanka Gandhi Vadra and her husband Robert Vadra have been put up outside Congress party headquarters in Delhi. “Kattar Soch Nahi, Yuva Josh (Youthful energy, not extreme views),” the tagline on the posters read. This comes after Priyanka was allotted an office at the headquarters adjacent to her brother Rahul’s office.
Australia deploys military to tackle ‘once-in-a-century’ floods
Australia’s military has been deployed after ‘once-in-a-century’ floods hit the state of Queensland last week following heavy rains. Two people have died in the floodwaters and thousands of residents in Townsville were without power and cut off by flooded roads. Around 400 residents in Townsville have sought shelter at nearby military barracks.
4 women killed every day in Brazil this year: Report
Four women have been killed every day so far this year in Brazil, the Inter-American Commission on Human Rights (IACHR) said. IACHR called the rate “alarming” and called upon the Brazilian government to take more steps to prevent and prosecute femicides. Femicide is the killing of a woman by a man because of her gender.
No regrets: Statistician who quit over delay in job statistics report
PC Mohanan, 63-year-old former acting Chairman of National Statistical Commission (NSC), who quit from his post on January 28 in protest over a delay in releasing a new set of jobs statistics, said he has “no regrets”. Three days after he quit, reports claimed India’s unemployment rate during 2017-2018 rose to 6.1%, the highest in at least 45 years.
US man pays record ₹78 lakh to hunt Pakistan’s national animal
A US national has paid record $110,000 (over ₹78 lakh) as permit fee to hunt Pakistan’s national animal markhor. Although hunting the markhor is illegal in Pakistan, it is legal under the government’s trophy hunting programmes. As per reports, Pakistani authorities distribute 80% of the money among the local community, whereas the remaining 20% goes to the government exchequer.
Bankruptcy court orders liquidation of Reid & Taylor India
The National Company Law Tribunal (NCLT), has ordered the liquidation of textile maker Reid & Taylor India (RTIL). This comes after investors put up by the employees association and other bidders failed to come up with a viable revival plan for the company. RTIL owes over ₹4,100 crore to its lenders.
CEO dies holding only passwords to customers’ $145-mn cryptocurrency
Digital-asset exchange QuadrigaCX can’t retrieve around $145 million in Bitcoin, Litecoin, Ether and other cryptocurrencies held for its customers after its CEO Gerald Cotten, the only person with access to passwords, died. Cotten died aged 30 on December 9 from complications of Crohn’s disease. To avoid being hacked, Cotten had moved majority of digital coins into cold storage.
Case against Pandya, KL Rahul, Johar for comments on women
A case has been registered against cricketers Hardik Pandya, KL Rahul and filmmaker Karan Johar in Jodhpur for their comments on women on the talk show ‘Koffee With Karan’ in an episode which aired in December. The Board of Control for Cricket in India (BCCI) had earlier suspended the players. The suspension was later lifted by the BCCI.
I go to sleep when he wakes up: SRK on not working with Akshay
Shah Rukh Khan, on being asked if he’d like to collaborate with Akshay Kumar, jokingly said, “What do I say to this? I go to sleep when Akshay [wakes] up.” “His day starts early. By the time I start working, he’s packing up,” he added. Shah Rukh further said, “Not many people are fond of shooting at night like me.”
Acid attack survivor Laxmi and Deepika have uncanny similarity: Meghna
Filmmaker Meghna Gulzar, who will be making a film titled ‘Chhapaak’ on acid attack survivor Laxmi, starring Deepika Padukone has said there is an “uncanny similarity between the survivor and Deepika”. “You won’t be seeing Deepika, you know. You will be seeing a disfigured Deepika,” she added. Deepika had earlier called the film “a story of trauma and triumph”.
Trump to meet Kim Jong-un for 2nd summit in Vietnam on Feb 27-28
US President Donald Trump has confirmed that he’ll hold his second summit with North Korean leader Kim Jong-un in Vietnam on February 27 and 28. “If I had not been elected president of the United States, we would right now, in my opinion, be in a major war with North Korea,” Trump declared.
80+ universities from 11 countries at Edwise World Education Fair
Edwise is hosting India’s Largest World Education Fair offering a golden opportunity to meet delegates from 80+ top universities from 11 countries and have all your queries related to the application process, courses, coaching, financial assistance, campus facilities, accommodation, visas and others answered personally. Visitors will also be eligible for application fee waivers, spot offers and scholarships based on merit.
Renault India launches all-new Kwid with enhanced safety features
Renault India has launched the new Kwid range with a host of enhanced features for 2019. It comes with new safety additions like the driver airbag, ABS, anti-lock brakes, seat belt reminder and overspeed alert. Moreover, it features reverse parking camera, traffic assist mode, Apple CarPlay & Android Auto, along with a high ground clearance and the best-in-class boot space.
GSAT-31 launched from French Guiana
India’s latest communication satellite GSAT-31 was successfully launched by European launch services provider- Arianespace’s rocket from French Guiana in the early hours of Wednesday. Blasting off from Ariane Launch Complex at Kourou, a French territory located in northeastern coast of South America at at 2.31 am (IST), the Ariane-5 vehicle injected GSAT-31 into the orbit in a flawless flight lasting about 42 minutes.
The story of Anna Hazare: ‘Used’ in 2014, repenting in 2019
Activist Anna Hazare said that he was “used by the Bharatiya Janata Party (BJP)” to win the 2014 Lok Sabha elections.”Yes.The BJP used me in 2014. Everybody knows that it was my agitation for Lokpal that catapulted the BJP and also the Aam Aadmi Party (AAP) to power. Now I have lost all regards for them,’’ Hazare told media in his Ralegan-Siddhi village.
LeBron to play versus Pacers
Los Angeles Lakers star LeBron James confirmed he will play against the Indiana Pacers. Four-time MVP James missed 17 games with a groin problem sustained in the Christmas Day win over the Golden State Warriors. He came back for a game against the Los Angeles Clippers last week, scoring 24 points while adding 14 rebounds and nine assists in a 123-120 overtime win.
Chennai Open: Sasikumar wins, Nagal out
India’s Sasikumar Mukund outclassed German rival Sebastian Fanselow 6-3, 6-1 in the second round of the Chennai Open ATP Challenger 80 tennis tournament in Chennai on Tuesday (February 5). However, Sumit Nagal, who is aiming to get his career back on track after a moderate 2018, suffered a 3-6, 4-6 loss to Korea’s eighth seed Duckhee Lee.
CBI forms five member team to grill
The Central Bureau of Investigation has formed a five member team to grill Kolkata Police Commissioner, Rajeev Kumar in connection with the various chit fund cases. The team would be headed by Tathagata Bardhan, an officer of the DSP rank in CBI. Kumar had written to the CBI that he would be available for questioning on February 8.
Mbappe not changing without Neymar
Thomas Tuchel sees no reason for Kylian Mbappe to change in Neymar’s absence at Paris Saint-Germain. Neymar, 27, is set to be sidelined until April after suffering a foot injury last month. Tuchel said he saw no reason for Mbappe – who has scored 22 goals in 25 games this season – to change his role with Neymar sidelined.
Kartik Aaryan’s Look In ‘Pati Patni Aur Woh’ Become A Meme!
The first look of Kartik Aaryan starrer Pati Patni Aur Woh remake is out and the actor is seen donning a moustache and sporting a simple formal look like the ones we see in Government offices. Twitterati liked the look so much that it ended up being a meme as soon as it was released. In no time, several memes were flooded all over Twitter.
SC to hear Sabarimala review pleas
The Supreme Court Tuesday has begun hearing in open court the pleas seeking review of its verdict which allowed entry of women of all age groups into Kerala’s Sabarimala temple. At the start of the hearing the Bench headed by Chief Justice of India, Ranjan Gogoi said that there are 54 review petitions in all in addition to 3 to 5 writs. The central issue is reconsideration of the judgment.
Pic shows women priests conducting wedding, father refuses kanyadaan
A post has gone viral on the social media, mentioning about a wedding in Kolkata wherein female priests performed the rituals. Moreover, the bride’s father refused to do ‘kanyadaan’ or give away the bride and instead gave a speech stating that his daughter is “not property to give away”. The wedding also had the mother’s name taken before the father’s.
Engineers, MBAs among 4,000 applicants for sweepers’ post in TN
People with professional qualifications such as MTech, BTech and MBA and post graduates are among 4,000 applicants who have registered for 14 posts of sanitary worker and sweeper at the Tamil Nadu assembly secretariat. The salary for the posts is reportedly fixed in the slab of ₹15,700-₹50,000. The only qualification the job required was the candidate should be able-bodied.
Instagram to add ‘sensitivity screens’ after UK teen suicide
Instagram head Adam Mosseri said the platform will hide self-harm imagery of ‘cutting’ behind ‘sensitivity screens’ following 14-year-old British girl Molly Russell’s suicide. Molly’s parents believe she took her life after viewing graphic images of self-harm on Instagram and Pinterest. We let people “share that they are struggling”, but remove posts that promote such activity, Mosseri added.
Apple to pay $571 mn in back-dated taxes to France: Reports
Technology giant Apple has reached an agreement to pay nearly $571 million to French authorities to settle back-dated taxes, reports said. Apple confirmed the agreement but did not disclose the amount to be paid. In 2016, the European Union directed Apple to pay about $15 billion to Ireland, citing that the company received illegal tax benefits from the Irish government.
What type of CM is Mamata, she must resign: Yogi on SC order
Referring to WB CM Mamata Banerjee during a public rally, UP CM Yogi Adityanath said, “What type of a CM is she?…She has no right to remain in the chair, she should resign on moral grounds.” He made the statement after the Supreme Court ruled that Kolkata police chief Rajeev Kumar cannot be arrested but should cooperate with CBI.
SC’s police chief verdict a ‘big slap’ for WB govt: BJP
BJP spokesperson Sambit Patra has called the Supreme Court verdict, which ruled that Kolkata police chief Rajeev Kumar cannot be arrested but should cooperate with the CBI, a “big slap” in the face of the West Bengal government. He called the dharna launched by West Bengal Chief Minister Mamata Banerjee a “drama” and a “political battle” that has been exposed.
Officer summoned by CBI for questioning found dead in MP
A 45-year-old Gun Carriage Factory junior works manager, who was summoned by the CBI in connection with the alleged supply of Chinese parts for production of Dhanush artillery guns used by the Army, was found dead in Madhya Pradesh on Tuesday. The police suspect he committed suicide as a blade was found near his body, although his family suspects murder.
