Current Affairs News 

Aadhaar no longer necessary for mobile number KYC, says DoT

The Department of Telecom (DoT) has said Aadhaar will not be one of the 29 parameters required by telecom operators to validate the identity of their subscribers. The regulatory body directed all telecom operators in the country to develop a mechanism that employs virtual IDs in lieu of Aadhaar biometric data, thereby shifting to a “limited KYC” system for user verification. In a circular dated June 12, DoT said UIDAI has proposed to introduce some changes in Aadhaar ecosystem and telecom operators must comply with these changes by adopting the…

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Football News Sports 

Real Madrid’s Cristiano Ronaldo agrees to €18.8m tax payment, suspended sentence – reports

Real Madrid forward Cristiano Ronaldo has reached a deal with Spanish tax authorities to serve a two-year suspended sentence and pay an €18.8 million ($21.8m) fine in a tax evasion case, according to multiple reports on Friday. Ronaldo is unlikely to serve any time in jail under the deal because Spanish law states that a sentence of under two years for a first offence can be served on probation. The 33-year-old Portuguese footballer is accused of evading €14.7m in taxes and, through his agents, has denied the allegations. Ronaldo is…

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News Political News 

‘Rising Kashmir’ Editor Shujaat Bukhari Shot Dead In Srinagar

Senior journalist Shujaat Bukhari was shot dead by unknown attackers in Srinagar on Thursday evening. Shujaat Bhukari, the editor of “Rising Kashmir” was attacked when he had just stepped out of his office in Press Colony in the city. He was reportedly hit by multiple bullets fired at a close range. A security guard protecting him and his driver were also shot. This is the first attack on a journalist in a long time in Kashmir and has shaken the entire fraternity. “This is an attack on the freedom of press,”…

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Football News Sports 

FIFA World Cup 2018: The entire schedule

HIGHLIGHTS The FIFA World Cup 2018 will take place from June 14 to July 15 A total of 32 teams will be competing for the coveted trophy Hosts Russia take on Saudi Arabia in the opener on Thursday FIFA World Cup 2018 in Russia will see 32 nations competing for the coveted trophy. Each team has fielded a 23-man squad for the quadrennial event. The tournament starts from June 14 and will continue till July 15. Courtesy: TOI

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Gadgets & Technology News 

Yahoo Messenger Shutting Down on July 17, Users to be Redirected to Squirrel App

  HIGHLIGHTS Yahoo Messenger users have 6 months to download messages They will be redirected to Squirrel group messaging app Squirrel is in beta at present Yahoo will be putting to rest its instant messaging app Yahoo Messenger on July 17. Those who will be still clinging to the ages-old messaging service will be redirected to the new group messaging app Squirrel, The Next Web reported. Yahoo Messenger users will have six months to download their chat history. Yahoo has been beta-testing Squirrel since last month. It will be open to the public when…

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Cricket Current Affairs News Sports 

Kohli, Harmanpreet, Mandhana win top BCCI awards

India captain Virat Kohli will receive the BCCI’s Polly Umrigar award – honouring the best international cricketer – for the fourth time in his career following his consistent performance over the past two seasons. Also, for the first time ever, the BCCI will recognise the top women players of the year, at their awards function on June 12 in Bengaluru. Harmanpreet Kaur wins it for 2016-17 and Smriti Mandhana for 2017-18. The current No.1 ODI batsman in the world, Kohli has been in phenomenal form for the past three years, amassing 2757 runs at an average…

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Corporate Corner News 

How Infibeam blazes a trail with crucial pivot, IPO, right acquisitions and surging profit

The battle for e-commerce supremacy in consumer segment will be fought between Flipkart, Amazon and Paytm Mall for the next decade or more. Putting up a fight against them even with a vertical approach seems terribly difficult. So far, none of the vertical play (except Myntra) has been able to create a substantial business. While Snapdeal and ShopClues tried creating space for themselves, their attempts appear to be hollow (given the present circumstances). Nevertheless, outliers find their way irrespective of all odds and challenges. One such outlier is Infibeam. With…

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Corporate Corner Finance News 

2-Day Bank Strike From Today. Salary Withdrawal, ATM Services May Get Hit

Banking operations could be hit as employees of public sector banks go on a two-day nationwide strike starting from today. The bank strike comes after a two per cent salary hike failed to convince the bank unions and several rounds of talks between banks and the unions of their employees did not make any headway. Since the bank protest dates coincides with the month end, salary withdrawals are likely to get affected. ATM transactions may also take a hit. Besides, deposit in branches, FD renewal, government treasury operation, money market operation would…

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Cricket IPL News Sports 

IPL 2018 Final: Shane Watson the hero as CSK claim third IPL crown

Finally, the IPL trophy has come back to its spiritual home, Chennai, after six years. The city’s franchise did run into rough waters but it still boasts the best IPL crowds and the most consistent team, which won its third title with a chase that was as much perfection as it was a tribute to their captain MS Dhoni’s philosophies. Ridiculed as dad’s army for picking players a little long in the tooth, Super Kings won the final on a century from the 36-year-old Shane Watson, all but hobbling through for most of…

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Finance News 

Over 2,100 companies settle Rs 83,000 crore bank dues

HIGHLIGHTS Over 2,100 companies have cleared their outstanding amounts, a majority of which came after the government amended the IBC The IBC rules barred promoters of companies that were classified as a non-performing assets (NPAs) from bidding for these companies where the National Company Law Tribunal, the bankruptcy court, initiated action.   The fear of losing control over their companies has prompted promoters, who have defaulted on repayment of loans to banks, to settle their dues of around Rs 83,000 crore before action was initiated under the newly-enacted Insolvency and…

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