Man swipes card at Karnataka’s Kormangala pub, loses Rs 4 lakh in New York

An hour after a 34-year-old software engineer swiped his debit card at a restaurant here on January 9, Rs 4.1 lakh was siphoned off from his account in 10 transactions in New York.Varun Gupta of Singasandra said he visited a pub in Koramangala VI Block on the night of January 9. After having food, Gupta...

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Instead of announcing PS5 at CES, Sony reveals mind-bending car

There were rumblings that Sony would be taking the wraps off or at the very least previewing the PlayStation 5 at CES. However, the Japanese-based tech giant went and showed off something much, much bigger.At CES 2020, Sony took the wraps off a concept car which has been dubbed as the Vision-S. However,...

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UAE residents, visitors welcome the new 5-year tourist visa: Jobs, tourism, business, family

A five-year multiple-entry tourist visa system was approved by the UAE Cabinet on January 6, Monday.His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai announced the new tourist visa system on Twitter.On his Twitter page, Sheikh Mohammed...

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Soaring US-Iran tensions to keep oil prices up

The escalation in US-Iran tensions could see oil prices rising over the next week with fears of a wider conflict breaking out between the two countries, analysts said.Oil markets on Friday closed with Brent trading at $68.60 and West Texas Intermediate (WTI) on $63.05, with both benchmarks closing on a fifth...

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Ousted Tata Chairman Mistry says he doesn’t want his job back

Cyrus Mistry, the former head of Tata Sons Ltd will not pursue chairmanship of the India’s biggest conglomerate or directorship at the group companies even after winning a court case against his ouster, he said in a statement.Mistry is not seeking to be a director on group companies such as Tata Consultancy...

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Chinese car giants rev up for India as rivals hit the brakes

Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success of rival SAIC Motor in one of the world’s biggest markets, three sources said.Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, expects...

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Some good news on economic front

Arcelor Mittal, the world’s largest steel conglomerate, announced the Rs 42,000-crore acquisition of Essar Steel through the insolvency and bankruptcy resolution process. After a tortuous two-year process of appeals and counter-appeals, the Mittals along with their Japanese joint venture partner, Nippon...

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Toyota Corolla 2020 smashes past crash test with five-star safety rating

Toyota Corolla has been on roads around the world for years and years. And years. The reliable workhorse of a sedan from the Japanese has been trusted by millions and for good reason. And the list of reasons can now be added with the new 2020 Corolla's five-star safety rating given by Latin NCAP authority.In...

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India’s real estate, construction industries in deep trouble: Raghuram Rajan

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India Governor Raghuram Rajan said.There is also “significant distress in rural areas,”...

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Etihad Airways named world’s best airline at World Travel Awards

UAE national carrier also picks up World's Leading Airline - Customer Experience 2019, World's Leading Airline Inflight Entertainment 2019 and World's Leading Excellence Inflight Service 2019 awardsEtihad Airways named world's best airline at World Travel AwardsEtihad Airways has been recognised with...

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