editor - The Purbottar

12 Jun

Mukesh Ambani’s Jio May Add Saudi

editor0 CommentsBusiness

12 June, 2020: The Saudi sovereign wealth fund and General Atlantic are among firms exploring investments in billionaire Mukesh Ambani's digital business, as Asia's richest man seeks to expand his operations outside oil and petrochemicals, people with knowledge of the matter said. Saudi Arabia's $320 billion Public Investment Fund is considering buying a minority stake in Reliance Industries Ltd.'s Jio Platforms unit, according to the people, who asked not to be identified as the information is private. General Atlantic, the U.S. investment firm that helped fund Airbnb Inc. and Uber Technologies Inc., is discussing a potential investment of about $850…

12 Jun

1 Indian Killed , 2 Injured in Firing by Nepal Police near Bihar Border.

editor0 CommentsNorth East

One person was killed and two others were injured when armed police of Nepal opened fire near Lalbandi border outpost on Friday morning.The incident took place around 8.45am when some residents of Jankinagar village under Sonbarsa police station in Sitamarhi district were working in an agricultural field. The deceased, Vikesh Kumar Rai, 25, and the injured, Umesh Ram and Uday Thakur, are Indian nationals. One Lagan Rai is said to have been detained by the Nepal police. Locals said the firing took place after a clash between some people working in their agricultural field at the Lalbandi-Janki Nagar border in…

12 Jun

SBI Relaunches Facility To Open Account Online

editor0 CommentsBusiness

State Bank of India (SBI) on Friday relaunched its facility to open a savings account in the bank online. Named 'SBI Insta Saving Bank Account', the country's largest lender is offering the facility to its customers to open the account through its app - YONO. In a release, SBI said that the new service will be completely paperless and customers would only need PAN and Aadhaar number. The account holders will also be issued an ATM-cum-debit card upon opening the account. In order to open an account via this process, customers need to download the YONO app, enter their PAN…

12 Jun

Netflix In Talks To Source Indian Content From Reliance Affiliate Viacom18

editor0 CommentsBusiness

June 12, 2020: US video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides. Under the partnership, Network18 affiliates - which include its joint venture with ViacomCBS, Viacom18 - would create shows for Netflix to help the US firm expand offerings in India, where it competes against the video streaming services of Amazon.com Inc and Walt Disney Co. A Netflix spokesman in India denied the company was in…

12 Jun

Home Loans Cheaper From Today

editor0 CommentsBusiness

12 June, 2020: The country's biggest mortgage lender Housing Development Finance Corporation (HDFC) on Friday cut its retail prime lending rate (RPLR) by 20 basis points, or 0.2 per cent. The move is in line with other lenders in the sector, led by State Bank of India (SBI). According to news agency PTI, new rates will now range between 7.65-7.95 per cent. In a filing to the exchanges, HDFC said that the reduction in RPLR, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, will come into effect from 12 June. The filing also said that the move will…

12 Jun

Hike on the price of Petrol by 57 / litre

editor0 CommentsBusinessBusiness, Coronavirus, Covid-19, Fuel

Petrol price gets hiked by 57 paise per litre and diesel by 59 paise per litre as oil companies adjusted retail rates - the sixth straight day of increase in rates since oil firms adjusted their rates.Petrol price in Delhi was hiked to Rs 74.57 per litre from Rs 74, while diesel rates were increased to Rs 72.81 a litre from Rs 72.22, according to a price notification of state oil marketing companies.Rates have been increased across the country and vary in each state depending on the local sales tax or value added tax.This is the sixth consecutive daily increase in rates since oil…

12 Jun

Kejriwal is a ‘failure’: BJP on Delhi govt’s handling of Pandemic.

editor0 CommentsNorth East

Citing the Supreme Court's sharp comments on the Delhi government's handling of COVID-19 cases, the BJP on Friday said the national capital's "truth" is out and Chief Minister Arvind Kejriwal has been a "failure". Earlier in the day, the Supreme Court termed as "horrific" the state of affairs in Delhi hospitals, with dead bodies being stacked next to COVID-19 patients. It sought responses from the Centre and different states as it took suo moto (on its own) cognisance of the treatment being meted out to patients and the handling of bodies. However, amid harrowing accounts of people struggling to get…

12 Jun

Holding the IPL Will Lift the Mood of the Country During the Pandemic: BCCI Treasurer Dhumal

editor0 CommentsEntertainment, SportsCoronavirus, Covid-19, Cricket, INDIA, IPL, Ms Dhoni, Virat Kholi

BCCI treasurer Arun Dhumal has said the the Indian Premier League is not just about entertainment, but also about economics as because there are number of lives that depend on it.Dhumal said holding the IPL 2020 will 'lift the mood' of the country during the COVID-19 pandemic. He added that the BCCI would find it difficult to sustain cricketing activities in the country without the tournament.He says , "Some people say that BCCI is just bothered about IPL for the money involved and criticise us, but no one is putting their focus on the economics part of it. It’s not…

12 Jun

Six new Covid-19 cases in Arunachal

editor0 CommentsArunachal Pradesh

Six more people, including three Army personnel, have tested positive for COVID-19 in Arunachal Pradesh, taking the total number of cases in the state to 67, a health department official said on Friday. Three Army men tested positive for the disease in Singchung sub-division of West Kameng district on Thursday night, while two persons were detected with the infection in Changlang and one in Longding, he said.

12 Jun

India is now the fourth worst-hit country

editor0 CommentsNorth East

Jun 12, 2020: India has overtaken the United Kingdom to climb the fourth spot in the list of nations worst hit by the coronavirus pandemic, according to a website that tracks the number of cases across the world. Worldometer data on Thursday evening showed that India had 295,772 cases against 291,588 infections recorded by the UK and it took just 18 days for the Asian country to reach the fourth spot. India’s number of infected people has increased to 297,538 and the death toll has risen to 8,498 on Friday, according to the Union health ministry. India was among the…