Around the Globe

Around the Globe

Nokia 3310 makes a comeback, co lines up 3, 5, 6 next quarter

Finnish mobile device player Nokia is in reboot mode as it gets ready to bring to India its 17-year-old iconic Nokia 3310 handset for about Rs 3,500, along with its Android smartphones, next quarter.

"All the products that we have announced Nokia 3310, Nokia 6, Nokia 5 and Nokia 3 will be available in the second quarter of this year in India. Average global selling price for Nokia 3310 is 49 euros," HMD Global Oy Chief Marketing Officer Pekka Rantala told PTI in an interview here.

Choice between good management and spirit of governance

India’s top professionally-run corporates have hit the headlines in recent months for all the wrong reasons on the issue of corporate governance. In February 2017, Infosys founder N. R. Narayana Murthy expressed his concerns over transparency and corporate governance at the country’s second largest software services provider. Murthy, along with other co-founders, were unhappy with the compensation package of CEO Vishal Sikka and the severance package given to certain employees on their way out. Last year, the Tata-Mistry battle had been a no-holds-barred one.

Telecom consolidation good: govt

As the Indian telecom market is undergoing a huge co­nsolidation, telecom secretary JS Deepak has said the process may yield five major players ensuring “enough competition but not fragmentation of spectrum”.
India – the world’s second largest mobile services market after China – is in the midst of consolidation with existing telecom players joining forces to take on newcomer Reliance Jio, which has unveiled an aggressive strategy to grab the chunk of the telecom pie.

Battle for control

The high-voltage face-off between the founders of India’s second largest IT company, Infosys and its present governing board on issues of code of ethics, governance and transparency on financial issues have turned the spotlight on professionally managed companies and the independence of their governing boards.

Parties bank on polarisation of voters in Awadh, eastern UP

More than half of Uttar Pradesh has voted and now the poll action shifts to Ayodhya-Faizabad region, the hotbed of kamandal (religious) politics, where a sizeable number of Muslim population will play decisive role in determining the outcome.

India to plug into ‘lithium triangle’ to ease import

After the quest for coal and iron ore resources abroad, India has now begun aggressive hunt to secure lithium reserves globally to fuel its ambitious renewable energy and electric vehicle programmes. The country has made voluntary commitments to cut emissions as part of the global climate change dialogue, and access to lithium, which is entirely being imported now, would go a long way in realising these green goals.

DIAL invites CAG ire for free display of GMR logo

Government auditors have raised a red flag over display of GMR logos at the country’s busiest international airport in Delhi free of cost. The Comptroller and Auditor General (CAG) has said this gratuitous gesture is causing huge financial losses to state-owned Airports Authority of India (AAI).

The US President is on A Roll, and He...

President Trump said he won’t attend this year’s White House Correspondents Association Dinner on April 29, following weeks of attacks on news organisations that included calling them “the enemy of the American people.”
“I will not be attending the White House Correspondents’ Association Dinner this year. Please wish everyone well and have a great evening!” Trump said Saturday on Twitter.

Delhi Police has become agent of BJP: Kejriwal on Ramjas violence

Delhi Chief Minister Arvind Kejriwal today criticised the Delhi Police over its handling of clashes at DU's Ramjas college and alleged that the force has become an "agent" of the BJP.

He also appealed to Prime Minister Narendra Modi to not act as a "BJP worker" and hold police accountable for the February 22 violence.

"I strongly condemn the manner in which the Delhi Police has become an agent of the ABVP and the BJP. It is the duty of police to protect the people of Delhi and not allow the ABVP and the BJP to engage in goondaism (sic)," he told reporters.

Demonetisation fraud: Court takes cognisance on charge sheet

A Delhi court today took cognisance of the Enforcement Directorate's charge sheet filed against two bank officials and another person in a case of alleged irregularities related to conversion of old currency and supply of new notes.

Additional Sessions Judge Prashant Kumar took cognisance of the charge sheet and directed the agency to supply copies of the documents to the accused who were present at the hearing.