
Daily Newsletter | Wednesday, May 25, 2016 | |
India had to stave China off for Chabahar deal | India's commercial contract with Iran for development of Chabahar port has come not a moment too soon for the government. Only last month, a Chinese consortium visited the Chabahar free trade zone and expressed interest in developing the port and also building an industrial town there. |
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Bengaluru: Aged couple dies destitute in Rs 80L house | The bodies of an aged couple were found in a house in the interiors of Sultanpalya in north Bengaluru, on Tuesday. While the man’s body lay in a pile of trash in the main hall, the woman’s decomposed body was in the bedroom. |
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Jaya reaches out to Stalin, douses row over seating | Ushering in what could perhaps be a new political culture in Tamil Nadu, chief minister J Jayalalithaa has not only thanked DMK leader M K Stalin for attending her swearing-in ceremony but also said there was no intention to show him any disrespect. |
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HTC 10 to launch in India on May 26 | HTC’s latest flagship smartphone HTC 10 is all set to launch in India. The Taiwanese smartphone brand has sent out media invites for an event scheduled for May 17, where it will unveil the handset. |
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Apple’s store plan faces roadblock | In a setback to Apple’s plans to open stores in the country, the Foreign Investment Promotion Board (FIPB) has red-flagged a panel’s recommendation to relax the mandatory local sourcing norm for the Cupertino-based company to sell its products through the single-brand retail window. |
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BoI’s Rs 6,089cr FY16 loss highest ever by a PSB | Losses for public sector banks continue to pile up as they make provisions for large corporate accounts identified by the Reserve Bank of India as ones that need to be classified as defaulters. |
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