Daily Archives: November 15, 2019

India health story is glass half full: Bill Gates

“Technology has helped improve the human condition. Our lifespan is better than 200 years ago — electricity, transport, better seeds, vaccines for things like measles, and other childhood diseases. Overall, I am a believer that most technologies can be shaped to have more benefits than negatives,” said Bill Gates in an interview to TOI.

Financial companies brought under ambit of insolvency code

The rules shall apply to FSPs or categories of FSPs, to be notified by the central government under section 227 from time-to-time in consultation with appropriate regulators, for purpose of their insolvency and liquidation proceedings.

Govt puts on hold 2017-18 consumer spending report

The government has decided not to release the 2017-18 consumer expenditure survey due to data quality issues after a news report said the survey had shown that consumer spending in rural areas had slumped the most in four decades, triggering a political storm.

Distress call: Finance minister Nirmala Sitharaman hints at rescuing bleeding telcos

“I want no company to shut operations. I want everyone to be up and running. Not just telecom sector, my wish is…all sector(s) be able to do business…and survive,” said Finance minister Nirmala Sitharaman and added that the govt has taken the same approach in Telecom sector as well. With massive losses, the sector is under acute financial distress.

Looking to close Essar Steel deal soon: L N Mittal

After waiting on the fringes of India’s steel sector for 13 years, business tycoon L N Mittal is set to make it to the centre stage with the acquisition of Essar Steel. After the Supreme Court approved Mittal’s resolution plan for the bankrupt Essar Steel on Friday, he said he is “looking forward to closing the acquisition soon”.

Link unique client code to PAN, demat account: Sebi

Sebi on Friday asked brokers to link the unique client code (UCC) of investors to the latter’s demat accounts. UCC is a number that is assigned to each investor and is “unique” in nature.

Big B shares a cute childhood pic of Jr AB

Megastar Amitabh Bachchan is quite active on his social media. He loves to share pictures, videos and expresses his thoughts with his fans.

SC paves way for Mittal entry in Essar Steel

The Supreme Court on Friday cleared the takeover of Essar Steel by global metals magnate LN Mittal’s ArcelorMittal after a protracted legal battle, which will pave the way for banks to recover Rs 42,000 crore in dues and oust the Ruias, once among the most powerful business families in the country.

Sidharth & Riteish’s Marjaavaan leaked online

On Friday, ‘Marjaavaan’ has hit the theatres, however, unfortunately, it became the latest victim of piracy as it got leaked online on the same day.

Pics: Tara-Aadar attend ‘Marjaavaan’ screening

Tara Sutaria had been busy with the promotions of her film ‘Marjaavaan’ co-starring Sidharth Malhotra, Riteish Deshmukh and Rakul Preet Singh. And, the film has hit the theatres and received a mixed response.