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Paytm Clarifies Licensing Process Status Amid Speculations, Says Govt Champions Fintech

New Delhi: Fintech major Paytm on Tuesday clarified the status of its licensing process amid recent speculations, saying it has not received any communication suggesting a deferral or penalties and any notion to the contrary is “completely unfounded and misleading”. Recent media reports speculated on the deferral of Paytm Payment Services Limited’s (PPSL) license application […]

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Why Elon Musk plans to lay off Tesla’s 10% global work force? – SUCH TV

Tesla chief Elon Musk has finally responded after media outlets around the world on Monday reported that the company plans to lay off 10% of its workforce and two key executives have already left the automaker. According to Teslarati, Musk, 52, explained that Tesla has to “reorganise and streamline the company for the next phase

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Supreme Court appreciates Indian Railways for installation of ‘Kavach’ anti-collision system in trains – Times of India

New Delhi: Supreme Court on Monday expressed satisfaction on steps taken by the Centre for installation of ‘Kavach’ anti-collision system in trains and disposed of a PIL seeking a direction to implement the indigenously-developed train protection system.After being informed by attorney general R Venkataramani about the steps taken to prevent rail accidents, a bench of

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Boeing defends 787 Dreamliner safety after whistleblower alleged structural flaws

An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing on Monday defended the quality and safety testing on its 787 Dreamliner and 777 aircraft, days after one of

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