Daily Newsletter | Thursday, August 31, 2017
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| Push for Army reforms: 57k posts to be rejigged |
| The government has approved a slew of measures to slash the non-operational flab of the almost 12-lakh strong Army to boost its combat capability, but is keeping the critical defence reforms of appointing a tri-Service chief and setting up integrated theatre commands on the backburner for now. |
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| Best business plan is ‘Passion’ |
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| 99% of scrapped notes back with banks: RBI |
| In its annual report, the RBI said that the number of returned notes does not include the money collected by district central cooperative banks and from the notes deposited by citizens and financial institutions in Nepal, which are likely to be accepted. |
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| Sri Lanka steps up security after crowd trouble |
| Some 1,000 additional police will be deployed for the fourth ODI against India at the 35,000-seat capacity Premadasa Stadium in Colombo while CCTV cameras will be used to monitor the crowds, police said in a statement. |
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| Accident cover for 4.5 lakhs Uber drivers |
| The cover provides drivers free coverage for accidental death and disablement, hospitalisation and outpatient medical treatment in case of an accident while online on the Uber App. |
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| Markets overcome losses, Sensex jumps above 250 points |
| The 30-share BSE Sensex gained 258.07 points to close on 31,646.46 while the 50-share NSE Nifty finished trading on 9,884.40, up by 88.35 points. The Nifty went past the psychological mark of 9,900, however failed to hold on to the gains when the bourses closed for the day. |
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| Settlement with Bakshi not possible, says McDonald’s |
| The NCLAT, which had last week asked both the parties to consider settling the dispute among themselves, has ordered them to file replies on cross petitions filed against each other, within a week. Counsel for McDonald’s said that the settlement of dispute with the franchise partner was not possible. |
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| Karan Johar shares a throwback picture of godson Aryan Khan |
| Karan Johar may now be a father of twins Roohi and Yash, but the filmmaker played godfather to Shah Rukh Khan’s children for about 18 years. Soon after sharing the first clear pictures of the twins, Karan went on to share pictures of the most special people in his life. |
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