Explained | Will U.S. directives on 5G use impact flights?

Can expansion of 5G networks and aviation co-exist in a safe manner? What has the FAA directed? The story so far: On December 7, 2021, the U.S. Federal Aviation Administration (FAA) issued two airworthiness directives (with effect from December 9, 2021) that are to create a framework as well as gather more information about the … Read more

‘If we do not evolve with the millennials, then  we  are  dead’

Consumer technologies brand boAt, owned by Imagine Marketing Pvt. Ltd, has carved a niche as a cool online wearable brand. The company has tied up with a clutch of celebrities, including Taapsee Pannu, Kiara Advani and Diljit Dosanjh, to promote its brand. “We talk to consumers in a language they understand. Millennials are very impatient, … Read more

Intel India pilots internet over power lines

Nivruti Rai, country head of Intel India, says the company has piloted a project in India called WoW, or Wireless over Wire, that takes internet through electricity wires. Given that most villages have electricity connections, this could be a big breakthrough in making the internet available to remote areas if the technology is proved viable. … Read more

“To save banks, we have to protect depositors”: PM Modi

Prime Minister Narendra Modi was speaking at the ‘Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 lakh’ Prime Minister Narendra Modi on Sunday said that the move to increase deposit insurance cover to ₹5 lakhs from ₹1 lakh, will fully insure ₹76 lakh crore of savings. “Such a comprehensive insurance cover is … Read more

LIC gets RBI approval to increase stake in IndusInd Bank

LIC had sought the approval as per the regulatory requirement  – The RBI norms mandate that every person or an entity who intends to make an acquisition in Private Banks of more than 5% stake, prior approval is needed from the Central Bank. Key points to note – LIC currently owns 4.95% in IndusInd. Approval … Read more

Bajaj Electrical decides to separate Power T&D business. Makes perfect sense.

A board decision has been taken to look for the best possibilities and parallely a wholly owned subsidiary to be created to provide a ready vehicle for restructuring. Key points to note – Bajaj Electrical (BE) is present in two segments Consumer Products (CP) – appliances, fans, consumer lighting Engineering Procurement and Construction (EPC) – … Read more