Mukesh Ambani unveils Jio phone at 'effective price zero'

India's wealthiest man Mukesh Ambani today announced the launch of Jio "intelligent" phone, offering life-long free voice calls bundled with 4G data streaming at an "effective price of zero".Ambani, who had taken the telecom sector by surprise with free voice calls and data last year, announced the next leap at the company's 40th shareholder meeting today.The phone, targeted at 50 crore feature phone users in the country, will be available for pre-booking from August 24 on payment of a refundable security deposit of Rs 1,500.This deposit will be refunded after 36 months on return of the pho

Menstrual leave idea finds support in Bengaluru

A petition addressed to the central government is seeking menstrual leave for women across the country. Two companies — one in Mumbai and another in Kerala — are already giving leave to women on the first day of their period. Digital media company Culture Machine, based in Mumbai, was the first to announce additional leave for women to help them cope with the discomfort of menstruation.

Restrictions in Srinagar ahead of march by separatists

Authorities today imposed restrictions in parts of Srinagar to maintain law and order in view of separatists' call for a strike and march to the local office of the United Nations here.Strict restrictions have been imposed in eight police station areas of Srinagar, officials said.They said the curbs have been imposed in the police station areas of Khanyar, Nowhatta, Rainawari, MR Gunj, Safa Kadal, Maisuma, Kral Khud and Ram Munshi Bagh.The officials said the restrictions on the movement of people were imposed as a precautionary measure to maintain law and order in view of the separatists ca

So many Ram Nath Kovinds in the country today, says emotional president-elect

Describing his election as the "greatness of democracy", President-elect Ram Nath Kovind on Thursday could not help but remember his own days spent in a mud house in rains.Recalling his childhood days, Kovind said: "It has been raining since morning in Delhi. This weather reminds me of my childhood days when I used to live in my ancestral village.""We lived in a 'kachcha' house made of mud. The roof couldn't stop the water trickles during the rainy season.

RIL issues bonus share after 12 years

Reliance Industries Ltd today announced one bonus share for every share held - the first such issue after 12 years, and a dividend of Rs 13 a share.Announcing the 1:1 bonus share, RIL Chairman and Managing Director Mukesh Ambani said this is the country's largest bonus issue.The last time India's largest private sector company gave bonus shares to its shareholders was 12 years ago.As many as 39 companies have this year announced bonus shares. Indian Oil Corp (IOC) had announced a 1:1 bonus issue last month.