Mukesh Ambani-led Reliance Industries plans to raise ₹25,000 crore in debentures to fund Jio's expansion and replace existing high-cost borrowings. The company, in a notice, said that its annual general meeting will be held on July 21 to consider the fundraising and to seek shareholders' approval. Notably, Reliance has invested nearly ₹2 lakh crore in Jio till now.
Actress Kasturi has reportedly stated that the national media is only focusing on actor Rajinikanth when Tamil Nadu has so many more present problems that need to be discussed. Kasturi reportedly said, “In Tamil Nadu, we discuss other things, other than Mr. Rajinikanth also. Why is his entry into politics the only news item for national media?” Kasturi, who recently met the ‘Kabali’ star on her birthday, said, “I met him and got the impression that he is set on making a difference sooner than later.”
Reports suggest that Bajaj may launch the Pulsar NS 160 mimicking the style of NS 200 model in India in July. The bike, based on the existing Pulsar AS 150, will use the same perimeter frame and the engine will be an air/oil-cooled, 150cc. The single-cylinder motor delivers 17PS and 13Nm. The bike will feature a Nitrox monoshock at the rear and a set of 37mm telescopic forks up front. The bike is expected to be priced at around Rs 84,000.
Sandeep and Reena Mander, a Sikh couple in the UK, have alleged that they were refused permission to adopt a white child. The British-born business professionals from Berkshire were told to adopt a child from India instead, because of their “cultural heritage”. While the couple were open to adopt a child of any ethnic background, they were rejected since only white children were available.
The Global Times, China’s state-run newspaper, has reportedly warned of “catastrophic results” if New Delhi works with Washington to counter Beijing. An article in the newspaper reportedly read, “Washington and New Delhi share anxieties about China's rise. In recent years, to ratchet up geopolitical pressure on China, the US has cozied up to India.” New geopolitical friction will be triggered in South Asia if India becomes a “pawn” for the US in countering China, it said.
A woman has alleged that she was abducted along with her two children- daughter and her son from the Bareilly Railway Station and claimed that they were taken to a village in Ginnaur area, where she was gang-raped for four days. While she managed to flee along with her son, her daughter was still trapped with the perpetrators, she alleged. Police reportedly said an FIR had been filed, and an investigation is going on.
In the latest ICC T20I Rankings for bowlers, India's death overs specialist Jasprit Bumrah has risen to the second spot. Notably, Pakistan’s Imad Wasim has taken the top spot, which South Africa’s Imran Tahir held earlier. Bumrah was instrumental in India reaching the finals of the Champions Trophy 2017 which they lost to Pakistan. Imad Wasim took 13 wickets in the five matches he played in the tournament.
Following a dispute over playing loud music, three activists of the Hindu Yuva Vahini were arrested in Bareilly on charges of gangrape and thrashing a police officer. The organisation was formed by Uttar Pradesh Chief Minister Yogi Adityanath. The incident took place on Monday night following the dispute between one Deepak and Avinash. Avinash and his friends, who were HYV workers, barged into Deepak's house and allegedly misbehaved with the women. The HVY activists also allegedly beat up a sub-inspector. A case has been filed, and a probe is on.
Indian cricketer and former CSK player Pawan Negi has reportedly submitted incorrect documents to the Delhi University. According to reports, Negi was one among the ten students who had received direct admissions in Delhi University colleges with representation in International sports. However, Negi had uploaded a certificate of participation in Vijay Hazare Trophy, which is a national level tournament. Notably, the 24-year-old cricketer is set to go through trials.
Carbonated soft drink company Coca-Cola has reportedly announced that it would increase the prices of its aerated beverages after GST rollout. According to reports, the company, on Tuesday, also added that the prices of bottled water would go down in the GST regime. Notably, the company has also decided to launch an affordable range of aerated beverages.
South Korean multinational company Samsung is reportedly all set to launch its refurbished Galaxy Note 7 smartphone on July 7. According to reports, the smartphone is said to have a smaller battery compared to Note 7, which was discontinued last year due to explosion issue. Notably, the refurbished Galaxy Note 7 is expected to be priced at Rs 39,600.
Former Indian cricketer Ravi Shastri has reportedly confirmed that he would apply for the position of team’s head coach. According to reports, Shastri, who also served as India’s team director, rejected the claims that he would join only if he is given a guarantee for the job. Notably, BCCI had earlier extended the application deadline for the job until July 9.
Supreme Court on Tuesday refused the government's rule of making Aadhaar card compulsory to pass any order. However, it ruled that people who currently do not have an Aadhaar card will not be deprived of any government schemes or benefits until the next hearing, which is scheduled for 7 July 2017.
Former Indian skipper Sourav Ganguly has reportedly been included in BCCI’s seven-member committee for the implementation of the reforms proposed by Lodha Panel. According to reports, the committee is headed by IPL chairman Rajeev Shukla and also comprises of BCCI acting secretary Amitabh Choudhary and the cricket body’s treasurer Anirudh Chaudhry.
Over 200 top Australian cricketers will be unemployed from July 1, if the ongoing dispute between Cricket Australia and the Australian Cricketer’s Association does not get resolved. ACA has repeatedly rejected new MoUs being offered by the Board, calling the revenue sharing model "inadequate". The union is prepared for a lockout, setting up a business to market players' intellectual property.
According to reports, a 20-year-old married woman was allegedly raped in Telangana’s Kamareddy District on Sunday. The police reports suggest that the victim was forced to consume liquor. Once she fell unconscious, the survivor claimed that strangers raped her. Notably, police have filed a FIR under the section 376 D (Gangrape) of the IPC.
Ponnusamy, the founder and president of Tamil Nadu Milk Dealers Employees Welfare Association, reportedly wrote to Chief Minister Edappadi Palaniswami demanding the resignation of Dairy Minister, Rajendra Balaji. Notably, Balaji had earlier accused dairy producers of adulterating their products and proclaimed that he would resign or even hang himself if his accusation are proven wrong. However, the central food lab announced there was no toxic ingredients in the milk samples sent by the government.
atural gas is expected to be included in Goods & Services Tax regime in order to benefit Oil and Natural Gas Corporation. According to reports, a senior official in oil and gas sector has said that natural gas is largely an industrial product and so its inclusion will not be a problem. Notably, petrol, diesel, crude oil, jet fuel, etc. are also not included in GST.
According to reports, Uttar Pradesh CM Yogi Adityanath addressed the media on Tuesday, as his government completed 100 days in the state. He said that his cabinet is "satisfied with the work" done in the first 100 days. Adding that women feel safe in the state after anti-Romeo squads, he said the government is "working for all sections of society without any discrimination".
According to reports, the price of alcohol is expected to increase after the implementation GST. Several reports suggest that the input cost of alcohol will be increased by 12-15 percent after the GST rolls out on July. This will reportedly translate into the companies passing on the cost pressure to customers. Notably, alcohol for human consumption has been kept out of the purview of GST.