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  • Porsche's Mueller takes reins at Volkswagen: Here's how lar

    Days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass US tests during his tenure, longtime CEO of Volkswagen, Martin Winterkorn stepped down on Wednesday. Winterkorn, VW's boss since 2007, had come under intense pressure since the Environmental Protection Agency's (EPA) di[...]

  • From 'digital dinner' to FB townhall: Why PM Modi's Silicon

    Prime minister Narendra Modi has managed to get an impressive line-up of CEO meetings during his visit to the Silicon Valley later this month. With over 40,000 people already registered to attend Modi's speech, the event has now become a keenly awaited one in India.For the uninitiated, the prime minister is visitin[...]

  • Small banks mark the biggest banking revolution in India si

    Microfinance Institutions (MFIs) dominated the second set of differentiated and small finance banks announced by Reserve Bank of India (RBI) on Wednesday. Eight of the ten companies that received the in-principle nod from the central bank are MFIs.Of the other two that received approvals, one is a Rajasthan-based non[...]

  • Gold bonds are a clear winner but high chances of deposit s

    The gold bond scheme finalised by the government on Wednesday is a clear winner since the idea of issuing gold bonds can absorb a major part of the gold investment demand in the country.Presently, an estimated 300 tonnes of physical bars and coins are purchased every year for investment-purpose in India. Most of this[...]

  • Politics
  • Modi’s tears only drama? Why is it so tough to believe a st

    There was nothing unusual in the way Prime Minister Narendra Modi broke down at the Facebook Town Hall in San Jose. After all, this is not the first time that the country’s strongest political leader bared his emotional side to an audience that came to appraise him. What was unusual this time was the fact that h[...]

  • When it comes to Modi vs Sharif, we have our backs to the w

    Islamabad: Indian Prime Minister Narendra Modi is an astute politician with the ability to outsmart rivals and he is aiming for the "political and military dominance of India", said a Pakistani daily that noted he was “received like a star” in the US. An editorial in The Nation on Monday said that everyone loves[...]

  • AAP MLA Somnath Bharti faces arrest after Delhi High Court

    NEW DELHI: The Delhi High Court has rejected the bail application of AAP MLA Somnath Bharti in the domestic violence case filed against him by his wife Lipika. The former Delhi law minister had moved High Court after a city court had cancelled his bail plea earlier and issued an arrest warrant against him.&[...]

  • Why the Congress petition to suspend PM Modi's Mann Ki Baat

    The Congress wants Prime Minister Narendra Modi to stop airing his Mann Ki Baat address, until the Bihar Assembly election concludes on 8 November. In fact, the party wishes to flag this as a serious issue of violation of the model code of conduct, and is petitioning the Election Commission to issue necessary direc[...]

  • Technology
  • India and Pakistan seem to be at war; this time in cyberspa

    #Cyber-war      India and Pakistan have long been k[...]

  • Government exempts WhatsApp, social media from purview of e

    NEW DELHI: Shortly after a controversy erupted over government's proposal to investigate on every message that an individual will send via WhatsApp, SMS, or Google Hangouts, the Department of Electronics and Information Technology clarified in a draft that social media websites and applications will be exempted[...]

  • Indian IT companies among world's worst paymasters

    NEW DELHI: Indian IT companies are among the 10 worst paymasters in the world, says a survey -- a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart gets over four times more.According to recruitment platform MyHiringClub.com's Worldwide IT Salary 2015 survey, India was ranked 7[...]

  • Bengaluru first Indian city to get Uber car-pool service

    BENGALURU: Taxi-hailing app Uber will be rolling out UberPool in Bengaluru in the coming weeks, making it the first city in India chosen for its car-pooling pilot. With UberPool, riders can share a ride and split the cost with another person who happens to be requesting a ride along a similar route. Uber will n[...]

  • Entertainment
  • Ranbir Kapoor's special working birthday on the sets of 'Ae

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

  • FIR registered against Farhan Akhtar, Ranbir Kapoor

    Ranbir Kapoor An FIR has been registered against Bollywood actor-director Farhan Akhtar and actor Ranbir Kapoor for criminal breach of trust and forgery for promoting an online shopping site which is allegedly "duping" customers. The FIR has been registered by a lawyer Rajat Bansal, a resident of Keshav Nag[...]

  • Konkona Sensharma: My mother is shy around my son

    A day before this meeting with Konkona Sensharma happened, her husband Ranvir Shorey and she took to Twitter to announce their separation. Both of them also conveyed their decision to co-parent their young son Haroon. Konkona is clear she will not answer any questions pertaining to the above because she has never s[...]

  • We Are Your Friends review: In Zac Efron's hands, even EDM

    There aren’t many movies on electronic dance music (EDM) or its industrial-techno-underground flavours. The 2004 Michael Dowse film It’s All Gone Pete Tong was one of the first of its kind and it turned out to be a truly stunning sendoff to EDM fans, thanks to it’s unique plot featuring a deaf DJ, mouthwatering Ibi[...]

  • Sports
  • Manpreet Kaur breaks national shot put record on road to Ri

    Railways shot putter Manpreet Kaur today became the latest Indian athlete to qualify for next year's Olympics when she shattered an 18-year-old national record en route to a sixth title at the 55th National Open Athletics Championship today.The Patiala-based shot putter threw 17.96 metres in her second attempt to c[...]

  • Champions League: Chelsea cruise but Dinamo Zagreb stun 10-

    The Champions League season is only one match day old, but it will be tough for anyone to better Alessandro Florenzi's eye-popping strike that gave Roma a 1-1 draw with defending champion Barcelona on Wednesday.Florenzi launched an audacious 60-yard (meter) lob from near the sideline and watched it sail over Barcelon[...]

  • Sanjay Bangar is right: We have been too quick to judge Roh

    Rohit Sharma, the much criticised India batsman, recently received some support from India batting coach Sanjay Bangar, who urged the critics to compare Rohit’s record to those of others at the same stage of their careers."If you look at the numbers, he has played 13 Test matches and scored 800-900 (870 runs) runs a[...]

  • With an eye on 2019 World Cup, it's time for Virat Kohli to

    It was only a matter of time before the murmuring began.With an historic series win in Sri Lanka under his belt, Virat Kohli, India’s Test captain, is reportedly being considered for the one-day captaincy as well. Considering that MS Dhoni’s aura shines brightest in the 50-over game, where he is still a formidable [...]

  • Cars
  • 2015 Frankfurt Motor Show: 2016 Suzuki Baleno to be showcas

    The 66th Frankfurt Motor Show will witness the world debut of the all-new Baleno. Suzuki plans to showcase their new "ideal hatchback" to the media on September 15, 2015. The motor show will be open to public from September 17-27, 2015. In its new form, the Baleno takes after the IK-2 concept that was shown at th[...]

  • Maruti Suzuki launches S-Cross

    Country’s largest car maker Maruti Suzuki on Wednesday launched its crossover hatchback S-Cross priced in the range of Rs.8.34 lakh and Rs.13.74 lakh as it looks to cement its position in the premium car market. The S-Cross will compete with models such as Hyundai’s recently-launched Creta, Renault’s Duster, Ford’s [...]

  • CCI slaps Hyundai with fine of Rs 420.26 cr for restricting

    New Delhi: Coming down hard on carmakers found to be restricting sale of spare parts in open market, fair trade regulator CCI on Tuesday imposed a penalty of Rs 420.26 crore on Hyundai Motor India and asked two others -- Reva and Premier -- to 'cease and desist' from anti-competitive practices. This follows penaltie[...]

  • Recent Articles

    Zuckerberg Vows to Daughter He’ll Donate 99% of His Facebook Shares

    SAN FRANCISCO — Mark Zuckerberg, the co-founder and chief executive of Facebook, announced on Tuesday that he and his wife would give 99 percent of their Facebook shares “during our lives” — holdings currently worth more than $45 billion — to charitable purposes.From Our AdvertisersThe pledge was made in an open lett[...]

    02 Dec 2015 | 0 commentsView Post

    Mark Zuckerberg and Priscilla Chan announce baby girl – and massive charity initiative

    In a Facebook post to newborn child Max, the Facebook CEO says he will administer the initiative himself using 99% of shares in company’s stock.   The Zuckerbergs announced two births on Tuesday: a baby girl, and to one of the world’s biggest charities. That sterling spoon you might have been considering f[...]

    02 Dec 2015 | 0 commentsView Post

    Osama cited Bapu as inspiration in 1993 speech

    cassettes were discovered. The cache soon passed many hands from an Afghan family to a cassette shop and then to a CNN cameraman, finally making its way to the Afghan Media Project at Williams College in Massachusetts, who asked Flagg Miller — an expert in Arabic literature and culture from the University of Californ[...]

    02 Oct 2015 | 0 commentsView Post

    Water on Mars? Here’s why Nasa believes there can be signs of life on the red planet

    Recently, planetary scientists detected hydrated salts on these slopes at Horowitz crater, corroborating their original hypothesis that the streaks are indeed formed by liquid water. Image Credit: nasa.tumblr.com The dark narrow streaks called recurring slope lineae are up to few hundred meters in length.[...]

    29 Sep 2015 | 0 commentsView Post

    Ranbir Kapoor's special working birthday on the sets of 'Ae Dil Hai Mushkil'

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

    29 Sep 2015 | 0 commentsView Post

    Porsche's Mueller takes reins at Volkswagen: Here's how largest emissions scandal unfolded

    Volkswagen. ReutersDays after admitting that the world's top-selling carmaker had rigged diesel emissions to pass US tests during his tenure, longtime CEO of Volkswagen, Martin Winterkorn stepped down on Wednesday.
    Winterkorn, VW's boss since 2007, had come under intense pressure since the Environmental Protection Agency's (EPA) disclosure Friday that stealth software makes VW's 2009-2015 model cars run cleaner during emissions tests than in actual driving.

    Here's a breakdown of the emissions scandal that wiped out nearly  €25 billion (around $28 billion) in the first two days of trading after the revelations:
    18 September: EPA says VW intentionally violates clean air standards, faces fines of up $18 billion
    The US EPA said that Volkswagen intentionally skirted clean air laws by using a piece of software that enabled about 500,000 of its diesel cars to emit fewer smog-causing pollutants during testing than in real-world driving conditions.
    All the vehicles contain a device programmed to detect emission levels when they are undergoing official testing, the EPA said. The device works only when the testing is going on and not otherwise. The controls are turned off during normal driving situations, the EPA said, allowing the cars to emit more than the legal limit of pollutants.
    The EPA called the company's use of the so-called "defeat device" illegal and a threat to public health. The cars, all built in the last seven years, include the VW Jetta, Beetle, Golf and Passat models, as well as the Audi A3.
    The EPA said VW faces fines of up to $37,500 per vehicle for the violations — a total of more than $18 billion.
    20 September: VW chief "sorry" after EPA says firm skirted clean air law
    The CEO of Volkswagen apologized after VW customers said they felt duped after the EPA revelation.
    "I personally am deeply sorry that we have broken the trust of our customers and the public," Volkswagen chief Martin Winterkorn said in a statement. He said VW has ordered an investigation and promised that the company would cooperate with regulators.
    "Let's be clear about this. Our company was dishonest. With the EPA, and the California Air Resources Board, and with all of you. And in my German words, we have totally screwed up," the head of Volkswagen's US division, Michael Horn, said while unveiling a new Passat model in New York.
    The influential magazine Consumer Reports suspended its "recommended" rating from the Jetta and Passat diesels until it could get a recall repair and re-test the cars.
    21 September: Volkswagen share price slump, prosecutors come calling
    Around €15 billion ($16.9 billion) was wiped off the market value of Volkswagen following EPA revelations. Volkswagen's share price was down a stunning 19.4 percent at near three-year low of €130.20.
    The Obama administration announced it is expanding its investigation of what it's calling "defeat devices" in diesel vehicles, to make sure other manufacturers aren't using similar schemes to thwart federal Clean Air laws.
    In Germany, the transport minister said VW models will be examined for any similar manipulation. South Korea also said it will investigate emission levels of Volkswagen diesel vehicles.
    22 September: Millions of cars fitted with suspect software worldwide, NY AG opens investigation
    Volkswagen said some 11 million cars worldwide were fitted with suspect software and set aside €6.5 billion ($7.3 billion) to deal with costs of emissions scandal.
    New York Attorney General Eric T Schneiderman said he has opened an investigation into the Volkswagen cars and he will collaborate with other states to enforce consumer and environmental protections in the case.
    23 September: Volkswagen CEO steps down, takes responsibility for scandal
    Volkswagen CEO Martin Winterkorn resigned on 23 September, days after admitting. No replacement was announced.
    Winterkorn took responsibility for the "irregularities" found by US inspectors in VW's diesel engines but insisted he had personally done nothing wrong.
    "I am doing this in the interests of the company even though I am not aware of any wrongdoing on my part," his statement said. "Volkswagen needs a fresh start ... I am clearing the way for this fresh start with my resignation."
    Acting chairman, Berthold Huber, said company directors are "resolved to embark with determination on a credible new beginning." He also added that a successor will be discussed at a board meeting on 25 September that was originally intended to approve extending Winterkorn's contract through 2018.
    24 September: VW cars with suspect software in Europe too, further resignations expected
    The software at the center of Volkswagen's emissions scandal in the US was built into the automaker's cars in Europe as well, though it isn't yet clear if it helped cheat tests as it did in the US, Germany said.
    A member of Volkswagen's supervisory board also said that he expects further resignations at the automaker in the wake of the scandal.
    Porsche chief Mueller takes over, S&P threatens to downgrade credit rating
    The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen, the business daily Handelsblatt reported.
    In an article to be published in its Friday edition, the newspaper said 62-year-old Mueller has been chosen to take the driving seat vacated by Winterkorn.
    Standard & Poor's threatened to downgrade Volkswagen's credit rating over the scandal. A day after fellow rating agency Fitch had placed VW's credit on "rating watch negative," S&P said it had similarly put Volkswagen's long-and-short-term corporate credit ratings on "Credit Watch with negative implications."

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  • Zuckerberg Vows to Daughter He’ll Donate 99% of His Faceboo

    SAN FRANCISCO — Mark Zuckerberg, the co-founder and chief executive of Facebook, announced on Tuesday that he and his wife would give 99 percent of their Facebook shares “during our lives” — holdings currently worth more than $45 billion — to charitable purposes.From Our AdvertisersThe pledge was made in an open lett[...]

  • Mark Zuckerberg and Priscilla Chan announce baby girl – an

    In a Facebook post to newborn child Max, the Facebook CEO says he will administer the initiative himself using 99% of shares in company’s stock.   The Zuckerbergs announced two births on Tuesday: a baby girl, and to one of the world’s biggest charities. That sterling spoon you might have been considering f[...]

  • Osama cited Bapu as inspiration in 1993 speech

    cassettes were discovered. The cache soon passed many hands from an Afghan family to a cassette shop and then to a CNN cameraman, finally making its way to the Afghan Media Project at Williams College in Massachusetts, who asked Flagg Miller — an expert in Arabic literature and culture from the University of Californ[...]

  • Water on Mars? Here’s why Nasa believes there can be signs

    Recently, planetary scientists detected hydrated salts on these slopes at Horowitz crater, corroborating their original hypothesis that the streaks are indeed formed by liquid water. Image Credit: nasa.tumblr.com The dark narrow streaks called recurring slope lineae are up to few hundred meters in length.[...]

  • Ranbir Kapoor's special working birthday on the sets of 'Ae

    The baby-faced, towel-dropping Saawariya debutant turns 33 today. And in the 8 years since Ranbir Kapoor's debut film, he has been a part of many films. However, the birthday boy recently started shooting for Karan Johar's Ae Dil Hai Mushkil in London, and had a working birthday this year. However, tha[...]

  • Modi’s tears only drama? Why is it so tough to believe a st

    There was nothing unusual in the way Prime Minister Narendra Modi broke down at the Facebook Town Hall in San Jose. After all, this is not the first time that the country’s strongest political leader bared his emotional side to an audience that came to appraise him. What was unusual this time was the fact that h[...]

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