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'Tokyo Olympics may be amongst greatest Games ever'

Senior international Olympics official John Coates said on Saturday the delayed Tokyo Olympics could end up being the greatest Games ever, coming next year as the world emerges from COVID-19 crisis. Coates, Australia's Olympic chief and head of the International Olympic Committee's inspectorate for the Games, cited the examples of positive Summer Games that followed the two world wars of the 20th century. The Tokyo Games were postponed for a year to 2021 in the aftermath of the new coronavirus outbreak.




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'None more unbeatable than Djokovic at his best'

There is no one more unbeatable in men's tennis than Novak Djokovic when the Serb is at his best, former world number four American Todd Martin said. Reigning world number one Djokovic has already established himself as one of the best ever to play the game and the Serb's Grand Slam haul of 17 is just three behind the 20 that Roger Federer has amassed. The Swiss player will be 39 in August.




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Reliance Jio Q4 net profit at <span class='webrupee'>₹</span>2,331 crore, up 72% QoQ

Average revenue per user (ARPU) increased to ₹130.6 during the quarter.Data consumption continued to grow exponentially to 11.3 GB per user per month from 11.1 GB in the December quarter




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Covid-19 impact: Automakers' domestic sales draw a blank in April

Auto companies, however, managed to export vehicles due to resumption of port operations.Maruti, Hyundai, M&amp;M, Toyota Kirloskar, MG Motor reported zero domestic car sales for April




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Reliance sells 1.15% stake in Jio Platforms to PE  firm for <span class='webrupee'>₹</span>5,655 crore

Reliance is raising funds at a breakneck pace as it attempts to cut its debt and secure its capital needs amid a sharp downturn in the global economy.Silver Lake is a major technology investor, with over $40 billion in combined assets under management and committed capital




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NCLT nods CarVal's Rs2,300 cr bid for Uttam Value Steel, Uttam Galva Metallics

The resolution plan would allow lenders to get close to 40% of their claims for both the companies.While the joint resolution plan was approved by the committee of creditors (CoC) in April last year, SSG Capital, the other bidder for these assets contested the decision




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Over 1,100 customers to lose out in CKP Co-operative Bank's liquidation

These customers are those who have deposited more than ₹5 lakh in their accounts .RBI cancelled the bank's licence citing its highly adverse financial position




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Freshworks appoints CFO who helped with Zuora's IPO

Prior to Zuora, Sloat held executive finance roles at firms such as NetApp Inc. and Siebel Systems, Inc




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MoD inks <span class='webrupee'>₹</span>1,200-cr deal with Tata Power SED to upgrade 37 airbases

This is the phase two of the Modernisation of Airfield Infrastructure programme, the ministry said




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Letters to the Editor: Hits & Misses




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J&K: Four get death for rape-murder of minor




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Farmer, son killed in J&K




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Mumbai attack mastermind Lakhvi’s nephew killed in J&K firefight: Police




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Jammu & Kashmir: PDP MLA booked for ‘assaulting’ teacher