China, Nepal connected with optical fibre link

Kathmandu, June 11 : In a first, China and Nepal are now connected by a optical fibre network through the Geelong (Keyrong)-Rasuwgadhi border point. The network has ended Nepal’s sole dependence on India for connecting it with global telecom services, Xinhua reported. Nepal Telecom (NT) on Saturday said its optical fibre network has been connected […]

Aviation ministry steps in to regulate fare refunds

New Delhi, June 11 : Taking a serious note of the indiscriminate policies followed by airlines on flight cancellations, the Civil Aviation Ministry on Saturday announced a host of steps to rein them in and said such charges can’t exceed the base fare. At a press conference here, Civil Aviation Minister P. Ashok Gajapathi Raju […]

Dozen of companies tightlipped on Industrial Dispute Act 1947

Bengaluru, June 11 : Nearly a dozen leading IT companies on Friday declined to confirm or acknowledge employees right to form labour unions to redress their grievances invoking the provisions of Industrial Disputes Act 1947. Some of the tightlipped IT companies are Infosys, Wipro, TCS, Flipkart, Microsoft, Mphasis, Juniper and Amazon India. The question of […]

U2opia Mobile to invest $3 million for startups

New Delhi, June 11 : In a move to boost innovation in mobile, Singapore headquartered mobile technology company U2opia has launched Catapult Programme to help startups grow by investing $3 million in over three years. The programme has invited early-stage startups and entrepreneurial teams focused on innovation in scalable mobile technology. “The Catapult programme aims […]

German Finance Minister warns against Brexit

Berlin, June 11 : German Finance Minister Wolfgang Schaeuble on Friday warned against a British exit from the European Union (EU). “A Brexit would be tough for everyone, but above all for Britain,” Xinhua quoted the minister as saying. Britain is scheduled to hold a referendum on June 23 on its EU membership. Schaeuble noted […]

Tobacco farmers’ body welcomes move to ban FDI

Hyderabad, June 10 : Federation of All India Farmer Associations (FAIFA) on Friday welcomed a move by the Department of Industrial Policy and Promotion (DIPP) to ban FDI in tobacco sector. The farmers’ body, which claims to represent lakhs of tobacco growers in the country, said that the multinational tobacco companies were using ambiguities in […]