From a Delhi barsati to India’s first indigenous PC: How six engineers built HCL with Rs 1.87 lakh and a belief in technology

The six techno dreamers who founded HCL in 1976: (front row, left to right) Subhash Arora, D.S. Puri, Shiv Nadar and Arjun Malhotra; (back row, right to left) Yogesh Vaidya and Ajai Chowdhry. (Photo: X post) In 1976, starting a technology company in India was nothing like launching a startup today.There were no startup accelerators,…

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Red Fort full-dress rehearsal on August 13 to close key roads; check routes, bus and commercial vehicle restrictions

In a recent update, August 13 will see a full-dress rehearsal at Red Fort ahead of Independence Day celebrations. Commuters and travellers planning to move through central, north and east Delhi on Thursday must plan their journeys carefully and early as several traffic restrictions will be in place. The rehearsal is organised ahead of the…

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Javelin medallist says ‘searching for job’

Ashish Yadav’s life changed dramatically after he moved from his village in Uttar Pradesh to Hisar to pursue javelin. In just 15 months, the 19-year-old has become a World U-20 silver medallist and the second Indian after Neeraj Chopra to win silver in the event.However, his family’s financial struggles continue, and he is still searching…

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New RBI rules may end loan spread tinkering; to standardise rate setting across banks, NBFCs

The methodology used to calculate internal benchmarks will also have to be made publicly available MUMBAI: Lenders may no longer be able to tinker with loan spreads over the benchmark rate to offer new borrowers better deals than existing customers. Draft RBI rules seeking to standardise interest-rate setting across banks, NBFCs and cooperatives require lenders…

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