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Sony’s new microphones provide high-quality recording
27 May

Sony’s new microphones provide high-quality recording

editor0 CommentsBusiness, , ,
Two new microphones have been launched by Sony India - ECM-W2BT (Multi Interface Shoe compatible wireless microphone) and ECM-LV1 (compact stereo lavalier microphone). The new ECM-W2BT and ECM-LV1 microphones will be available across all Sony Centers, Alpha Flagship stores, www.ShopatSC.com portal and major electronic stores across India from 26 May onwards at MRP of Rs 16,990 and Rs 2,090 respectively. With the ECM-W2BT wireless microphone, wireless high-quality audio recording with lower noise and stable connection is possible, especially when paired with the ECM-LV1 stereo lavalier microphone and one of Sony’s cameras with digital audio compatibility. This combination offers the perfect…
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ICICI Pru Life’s Guaranteed Pension Plan
27 May

ICICI Pru Life’s Guaranteed Pension Plan

editor0 CommentsBusiness, ,
An innovative retirement solution has been launched by ICICI Prudential Life Insurance by combining two variants of its popular ‘Guaranteed Pension Plan’. It offers a guaranteed return on investments. This solution provides customers with increasing regular income that doubles after five years and triples after the 11th year, thereby shielding them against the rising cost of living. The pandemic has made customers appreciate the importance of financial planning, and this is specially so for life after retirement. The customer-centric retirement or annuity products offered by the Company have enabled it to grow the annuity business segment by 120% in FY2021.…
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Countries reliant on tourism to reopen borders and revive economies decimated by the pandemic
27 May

Countries reliant on tourism to reopen borders and revive economies decimated by the pandemic

editor0 CommentsBusiness, Health, Travel, , ,
The rollout of vaccines against COVID-19 is giving government officials in many countries new confidence to welcome visitors. The World Travel & Tourism Council estimates that the sector lost nearly $4.5 trillion and 62 million jobs last year. Airlines alone lost $126 billion last year and are on track to lose another $48 billion this year, according to their largest trade group. “Summer is a strong season for most markets, particularly Europe and the U.K. We really hope to see restrictions ease,” said Virginia Messina, interim leader of the World Travel & Tourism Council. The patchwork of rules around the…
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Wanted Indian businessman Mehul Choksi, arrested in Dominica
27 May

Wanted Indian businessman Mehul Choksi, arrested in Dominica

editor0 CommentsBusiness, , ,
Mehul Choksi’s arrest in Dominica has brought relief to the family, his lawyer Vijay Aggarwal said Thursday. Vijay said the family was relieved the fugitive diamond trader was safe. “Efforts are on to speak to him so that we can know how he was taken to Dominica,” He added Choksi had been missing from his home in Antigua and Barbuda, the Caribbean nation of which he has been a citizen since early 2018. According to sources, Choksi was caught by the local police of Dominica on Wednesday night while trying to flee to Cuba in a boat. Sources said the…
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Lincoln Pharmaceuticals reports 28.33% rise net profit
26 May

Lincoln Pharmaceuticals reports 28.33% rise net profit

editor0 CommentsBusiness,
Lincoln Pharmaceuticals Limited has reported net profit of Rs. 11.85-crore in Q4FY21 as against net profit of Rs. 9.23-crore in the corresponding period last year, growth of 28.33%. Net revenue from operations in Q4FY21 was reported at Rs. 77.54-crore, higher by 3.03% over previous fiscal’s same period net revenue from operations of Rs. 75.26-crore. Company reported EBITDA of Rs. 16.74-crore in Q4FY21, rise of 28.25% as compared to Rs. 13.05-crore in the corresponding period last year. EPS for Q4FY21 was at Rs. 5.92 per share as compared to Rs. 4.62 in the corresponding period last year. Company has recommended dividend…
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WhatsApp sues Government of India, says new IT rules mean end to privacy
26 May

WhatsApp sues Government of India, says new IT rules mean end to privacy

editor0 CommentsBusiness, Technology
WhatsApp has filed a lawsuit in the Delhi High Court against the government's new digital rules that take effect today, saying these would compel it to break privacy protections to users.The Facebook-owned messaging service filed its petition on Tuesday against the rules that will require it to "trace" the origin of messages sent on the service, which is says is a violation of privacy. "Requiring messaging apps to 'trace' chats is the equivalent of asking us to keep a fingerprint of every single message sent on WhatsApp, which would break end-to-end encryption and fundamentally undermines people's right to privacy," WhatsApp,…
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25 May

Is Facebook, Twitter, Instagram banned in India from tomorrow?

editor0 CommentsBusiness, Entertainment, , , ,
Social media giants like Facebook, Twitter, WhatsApp and Instagram may face ban in India if they fail to comply with the new intermediary guidelines for social media platforms. The three-month deadline given by the Ministry of Electronics & Information Technology (MEITy) to accept these guidelines ends today i.e. May 25 but none of the giants have so far accepted the new regulations. The rules will be effective from tomorrow despite these companies seeking a total six-month delay in their implementation. The rules include appointment of compliance officials, giving their name and contact address in India, complaint resolution, monitoring of objectionable…
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Fuel prices hit all-time high; petrol rate nears Rs 100-mark in Mumbai
25 May

Fuel prices hit all-time high; petrol rate nears Rs 100-mark in Mumbai

editor0 CommentsBusiness
The oil marketing companies (OMC) hiked petrol and diesel prices on Tuesday across the country. Petrol price was increased by 23 paise per litre and diesel by 25 paise a litre, according to a price notification of state-owned fuel retailers. After today’s hike, petrol prices in Delhi rose to Rs 93.44 per litre against Rs 93.21 on Monday, while diesel price soared to Rs 84.32 per litre as compared to Rs 84.07 a litre on Monday. Rates had already crossed the Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, the price in…
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Tata Steel to continue giving salaries to dependents of employees falling victim to Covid
25 May

Tata Steel to continue giving salaries to dependents of employees falling victim to Covid

editor0 CommentsBusiness
Tata Steel would continue to pay monthly salary to the family of all employees who die due to COVID-19, the Jamshedpur-based steel manufacturer has announced. The salary would be paid till the retirement age of the deceased - that is 60 years. The monthly pay would be the same as the last salary which the person drew before his demise, Tata Steel said in a statement issued on May 23. In addition, for all its deceased frontline employees, Tata Steel would bear “all the expenses of their children’s education till graduation in India”. According to the announcement made by the…
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