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Due to #TitliCyclone , many trains have been cancelled & diverted. To facilitate the stranded passengers going southwards, a Super Fast Tatkal Special Train will be run from Bhubaneswar, Odisha to Bangalore Cantonment, Karnataka on 15 Oct at 0750 hrs: East Coast Railways— ANI (@ANI) October 12, 2018
Home Minister Rajnath Singh said that action against the Rohingya and other illegal immigrants should not be viewed through the prism of human rights as India has never ill-treated foreigners.https://t.co/ZUjduMrY8o— moneycontrol (@moneycontrolcom) October 12, 2018
India wins the seat to Human Rights Council at United Nations with the highest votes among all candidates. pic.twitter.com/zNrTTCVEFn— ANI (@ANI) October 12, 2018
#DefenceMinister Nirmala Sitharaman has said the presence of #terror infrastructure and state support to terrorists in the immediate neighbourhood are constantly testing India's patience and #NewDelhi https://t.co/EbPnURQj42— moneycontrol (@moneycontrolcom) October 12, 2018
Defence Minister Nirmala Sitharaman and the Minister of Armed Forces of France, Florence Parly at the first ministerial meeting of the bilateral Annual Defence Dialogue between India and France in Paris held on 11 Oct. pic.twitter.com/TPBTm2S1tm— ANI (@ANI) October 12, 2018
#CNBCTV18Exclusive | @NITIAayog tells @PMOIndia to encourage utilisation of low grade ore. Adds, Mines & Steel Ministry should contest export ban imposed in Karnataka; Also, Commerce Ministry yet to finalise plan based on NITI’s recommendations pic.twitter.com/kH7MNPwbJD— CNBC-TV18 (@CNBCTV18Live) October 12, 2018
China's Huawei to invest $145 mn in cloud business over 3 years
China's Huawei Technologies Co Ltd, the world's largest telecom-equipment maker, plans to invest 1 billion yuan ($145 million) over the next three year to develop AI capabilities for its cloud business, it said on Friday.
Zheng Yelai, president of Huawei's cloud unit, also said the company planned to start offering public cloud services in South Africa, as it is "a strong base" from which to develop cloud businesses. - Reuters
India needs to expedite structural reform process by building consensus: IMF officials
India should expedite the structural reform process by working to build consensus, according to senior IMF officials who said the country needs land and labour market reforms to achieve sustained growth.
Changyong Rhee, Director of the Asia and Pacific Department at the IMF, said that India has some world-class economists and there is no dearth of good policies, the issue is with their implementation. - PTI
Negligible impact seen on internet service: ICANN
Global Internet body ICANN said on Friday that it has noted only a handful of cases where net services might have been affected due to the upgradation of 'keys' at vital web servers on October 11. - PTI
Addressing an event in New Delhi to mark the 25th anniversary of the founding of the NHRC, @narendramodi said the government is committed to improve the lives of people by ensuring their rights https://t.co/I4FcA8cA18— moneycontrol (@moneycontrolcom) October 12, 2018
The market almost reversed its Thursday's losses on last day of the week with the #Nifty50 inching closer to 10,500 levels, tracking recovery in Asian peers and driven by broadbased buying.https://t.co/UhVLLZp2fY— moneycontrol (@moneycontrolcom) October 12, 2018
India keen on strengthening economic ties with Liechtenstein: President Ramnath Kovind
India is keen on strengthening its economic relations with Liechtenstein, President Ramnath Kovind said on Friday.
He said this during a meeting with Prince Alois of Liechtenstein, who had called on the president at the Rashtrapati Bhavan.
Kovind said this is a very special visit as the two countries are celebrating the 25th anniversary of the establishment of diplomatic relations. - PTI
Lockheed Martin to start producing made-in-India F16 wings in next 2-3 years
American aerospace and defence major Lockheed Martin on Friday said F-16 fighter jets will start flying with made-in-India wings in the next three years.
But this is provided the components made by its Indian strategic industry partner are certified by a US agency - the Defense Contract Management Agency. - PTI
Microsoft India signs pact with Niti for AI tools in agri, healthcare
Microsoft India said on Friday it has signed an agreement with NITI Aayog to deploy AI technologies to address challenges in agriculture and healthcare and promote the adoption of local language computing, among others.
The agreement involves combining the cloud, AI, research and Microsoft's vertical expertise for new initiatives and solutions across several core areas, the company said in a statement. - PTI
Nirmala Sitharaman visits Rafale manufacturing facility in France
Defence Minister Nirmala Sitharaman on Friday visited a production facility of Dassault Aviation near Paris, where the Rafale jets to be supplied to India are being manufactured.
Sitharaman spoke to the plant's officials and took stock of progress in the production of the fighter jets whose delivery to India will begin in September next year. - PTI
IIP Data | August IIP mining growth at -0.4% Vs 3.7% (MoM) & electricity growth at 7.6% Vs 6.7% (MoM) pic.twitter.com/WKSLpeMe72— CNBC-TV18 (@CNBCTV18Live) October 12, 2018
CPI Data | September CPI housing inflation at 7.07% Vs 7.59% (MoM) & food price inflation at 1.08% Vs 0.29% (MoM) pic.twitter.com/n22kdenyAN— CNBC-TV18 (@CNBCTV18Live) October 12, 2018
Virgin's Branson to suspend his directorship in two Saudi tourism projects and halts talks on $1 billion Saudi investment in space ventures, citing journalist Khashoggi’s disappearance https://t.co/vI4IRb5WCQ by @Gaurika24 pic.twitter.com/hpyVII6AWb— Reuters Top News (@Reuters) October 12, 2018
JUST IN | PM reviews oil, gas production profile of ONGC, OIL
Prime Minister Narendra Modi on Friday reviewed the oil and gas production profile of state-owned ONGC and OIL over the near to medium term to assess how his target to cut oil imports by 10 percent would be met.
Oil and Natural Gas Corp (ONGC) Chairman and Managing Director Shashi Shanker and Oil India Ltd (OIL) Chairman and Managing Director Utpal Bora gave projections of oil and gas production of their respective companies over the next five-year period. - PTI
JUST IN | IL&FS holds second board meeting, nominates new directors
The Board of IL&FS Ltd, appointed on the orders of the National Company Law Tribunal (NCLT) Mumbai, had its second meeting today.
The replacement of its nominee directors on various subsidiaries of IL&FS Ltd has been initiated, as permitted by the orders of the NCLT.
It has now nominated directors from among the present Board, based on recommendations of the Nominations & Remuneration Committee.
A core operating committee, under the Vice Chairman and managing director Vineet Nayyar, has been approved by the Board.
JUST IN | MTNL gets shareholders' nod to raise authorised share capital to Rs 10k cr
State-run telecom firm MTNL Friday said its shareholders have approved proposals to raise authorised share capital by over 12 times to Rs 10,000 crore and borrowing limit by around 38 percent to Rs 25,000 crore.
The resolution to raise the borrowing powers of the board from Rs 18,000 crore to Rs 25,000 crore was passed as a special resolution.
"A total of 99.9203 percent shareholders voted in favour of the resolution," it said. The decisions were taken at the company's AGM Thursday. - PTI
Hindustan Unilever second-quarter profit jumps nearly 20 pct, beats estimates
Consumer major Hindustan Unilever Ltd reported a 19.5 percent rise in its September-quarter profit, beating analysts' estimates, as sales at its home-care segment jumped.
Profit rose to 15.25 billion rupees ($207.08 million) in the three months ended September 30, compared with 12.76 billion rupees a year earlier, the company said in a statement. - Reuters
JUST IN | Catalonia's separatist front shatters
Catalonia's separatist parties that brought the region to the brink of breaking away from Spain a year ago, shattered their united front this week in a struggle over strategy toward independence.
The separatists on Tuesday lost the majority they have enjoyed in the Catalan parliament since September 2015 due to a rift over how to respond to a court suspension of six jailed or exiled lawmakers accused of rebellion. - PTI
Delhi: Prime Minister Narendra Modi issues postage stamp and special cover at NHRC Silver Jubilee celebration event. The PM also launched the new version of the NHRC website. pic.twitter.com/tCXapdpMBc— ANI (@ANI) October 12, 2018