COMMERCE

Jet Airways Chairman Naresh Goyal to Invest Up to Rs 700 Crore in Jet Airways

Jet Airways chairman Naresh Goyal is ready to invest up to Rs 700 crore in Jet Airways on the condition that his stake does not fall below 25%. Goyal’s offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.

Indian Economic Inflation Nears Advanced Economy

A fast-growing emerging economy like India can ill-afford such a low inflation rate. If high inflation acts as a threat to growth, ultra-low inflation does the same. It is no surprise that this low inflation is symptomatic of the agrarian crisis, wherein rural wages are stagnating and earnings have collapsed for many farmers. Growth brings income and a collapse in inflation will threaten to erase the incentive to produce.

Qatar Airways and Jet Airways Deal Halted

Qatar Airways and Jet Airways deal of buying a as a substantial portion of the latter debt-laden carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar, its CEO Akbar al-Baker said on Tuesday. Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over accusations of supporting terrorism. Doha denies the charges. The UAE, together with Saudi Arabia, Egypt and Bahrain have banned Qatar Airways since June of that year as part of the dispute.

Maruti Suzuki to Introduce New WagonR Soon

2019 Maruti WagonR will be presented in 3 variants, L, V and Z. This new gen model has been christened as the ‘Big new WagonR’. It gets new design, features and mechanical upgrades. Measuring 3,655mm in length, 1,620mm in width and 1,675mm in height, the new WagonR sits on a 2,435mm long wheelbase.

“Won’t Engage in A Price War”, Said TCS

TCS reported a Q3 operating margin of 25.6%, about three percentage points wider than Infosys’s 22.6%, highlighting how the Mumbai-based TCS is generating more revenue at higher profitability.

Petrol Prices hiked by 37-40 Paise

With effect from 6 am on January 14, petrol prices were at Rs. 70.13 per litre in Delhi, Rs. 72.24 per litre in Kolkata, Rs. 75.77 per litre in Mumbai and Rs. 72.79 per litre in Chennai, according to Indian Oil Corporation – the country’s largest fuel retailer. Diesel prices stood at Rs. 64.18 per litre, Rs. 65.95 per litre, Rs. 67.18 per litre and Rs. 67.78 per litre respectively.

COMPASS

Telecom Equipment Maker HFCL Bags Rs 148 Crore

Having bagged two contracts worth Rs 148 crore from Larsen & Toubro, Telecom equipment maker Himachal Futuristic Communications Limited (HFCL) on Wednesday said on December 23, the contracts are for executing telecommunication systems projects for Mauritius Metro Express Project and Dhaka Metro Mass Rapid Transit System.

CYBER

Galaxy S10 Pieces Leaked; China Compulsory Certification Detected

The first part of the story is that only two variants were certified in China but there have been reports of three and even four total variants of the S10 with at least one 5G-enabled one and possibly a third size (6.1”) in addition to the supposed 5.8” and 6.44” versions.

Honor 10 Lite Launched in India Today

Honor 10 Lite was launched in India today at an event in New Delhi. The Honor 10 Lite price in India has been set at Rs. 13,999 for the 4GB RAM variant, while its 6GB RAM comes at Rs. 17,999. Both models come in Midnight Black, Sapphire Blue, and Sky Blue colour options. Particularly, the Sky Blue colour option comes with a gradient finish. The Honor 10 Lite will be available for purchase through Flipkart and HiHonor India store. The sale will begin starting 12 am (Midnight) IST on January 20.

Apple Smart Speaker Homepod Announced

Apple has announced the availability of its smart speaker HomePod in mainland China and Hong Kong markets, starting January 18. The system will sell for $357 in Hong Kong and $414 in China. HomePod supports AirPlay 2, creating an effortless way for people to stream audio content from popular apps and services directly from an iOS device to HomePod, the company announced on Sunday.

Chromecast Audio Dongle Were A Magical Tool

As for those who already have Chromecast Audio, Google says they will “continue to offer assistance” so you can continue using it as you always do. You can still listen to your music, podcasts, etc but you probably should not expect any more software updates for it. And if you’re still hoping to get one as a “legacy device”, you can probably still find it at some online retailers that still have some stocks remaining.

OnePlus 6T- A Notch Up of OnePlus 6; OnePlus 7 Launch In the Pipeline

Despite backlash from users, OnePlus did proceed with a notch screen with OnePlus 6. Later, it altered the design to include a smaller notch, also known as teardrop notch. OnePlus also rolled out a software update to allow users to hide the notch on the phone. According to the latest leak, OnePlus 7 may do away with the notch altogether.

CAREER

Will School Curriculum be Scheduled on Nationalism?

In Gujarat students will answer roll calls with ‘Jai Hind’ or ‘Jai Bharat’ instead of the current ‘yes sir’ and ‘present sir’ from January 1 in order to foster patriotism, a notification issued Monday stated.

Myntra’s Chief Executive Officer (CEO) Ananth Narayanan Resigned

Key Myntra leaders such as chief executive officer (CEO) Ananth Narayanan, chief revenue officer Mithun Sundar, who took charge in April, and human resources head Manpreet Ratia, who also oversaw operations, supply chain and customer experience at Myntra, have resigned, said the people cited above, requesting anonymity.