Top Headlines: Banking revolution on cards: RBI clears 11 payments banks

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Daily Newsletter | Thursday, August 20, 2015

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TOP HEADLINES	MORE »

Banking revolution on cards: RBI clears 11 payments banks

The Reserve Bank of India on Wednesday 'in principle' cleared 11 entities – including department of posts, top conglomerates such as Reliance Industries and Aditya Birla Group, telecom giants like Airtel and Vodafone, and a number of tech and finance companies – to set up 'payments banks'.

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Suspended Gujarat IPS Sanjiv Bhatt sacked

The services of Sanjiv Bhatt were terminated after investigations in an old case related to his posting in Junagadh, according to TV reports.

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FTII row: No ground for custody, rules court

A magisterial court on Wednesday ordered the release of five students of the Film and Television Institute of India (FTII) on bail against personal release bonds of Rs 3,000 each.

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CITIES

Kochi, T'puram top rash driving & road rage cases

Two major cities in Kerala - Kochi and Thiruvananthapuram - have reported maximum number of "rash driving/ road rage" cases leaving 22,300 injured while Chennai and Delhi have registered third and fourth highest number of such cases.

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Delhi teen jumps on tracks to save dog, run over

Even the certainty of a painful death did not deter him from doing his best to save his pet's life.

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15 dogs shot in Kovalam beach, panchayat prez booked

It was a regular morning stroll for R Mohan and his family at Kovalam beach, about 30km from here, on Wednesday, with the family's pet Kokki frolicked ahead. Moments later, a gunshot rang out and the mongrel fell down dead.

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TECH

Android 6.0 Marshmallow: 10 new features

After months of waiting, Google has finally announced that the next version of its mobile OS Android will be called Marshmallow.

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HTC One ME review: Good enough, but not the best

Read our HTC One ME review to find out if the almost-flagship has what it takes to create a distinct identity for itself and capture the limelight from Samsung Galaxy S6 among buyers.

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10 best smartphones launched recently in India

Looking for a new smartphone? Then your search is over, as we bring to you the 10 hottest smartphones launched in the country in the past couple of months

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SPORTS

We have it in us to bounce back in series: Virat Kohli

Virat Kohli says his team is well-equipped to bounce back against Sri Lanka and the players are "hungry and keen to perform" in the second Test.

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ICC lifts spot-fixing ban on Salman Butt and Asif

The ICC confirmed that the sanctions against Mohd Asif and Salman Butt will expire at midnight on Sept 1 and that they will be eligible to return to competitive cricket.

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Qualifying for Rio tough, winning a medal tougher: Mary Kom

Gearing up to make the Olympic cut for a second successive time, M C Mary Kom said it would be no walk in the park to fetch a medal even if she qualifies for next year's Games in Rio de Janeiro.

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BUSINESS

Urban consumption shows signs of revival

Urban consumption growth appears to be showing signs of improvement, with the fastest-growing segments for the top 200 cities being multiplexes, retail apparel and quick-service restaurants.

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Tatas' PE arm boards Uber with $100m tab

Tata Group's private equity arm Tata Opportunities Fund has invested $80-100 million in taxi-hailing app Uber as part of its new financing round, which has reportedly valued the San Francisco-based company at just over $50 billion.

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