NEWS IN BRIEF
 New aviation policy: AirAsia India, Vistara to benefit from 0/20 rule: The
aviation sector is in for an overhaul and consumers are set to become the biggest
beneficiaries of the civil aviation policy announced by the government on
Wednesday. The Cabinet has cleared the new civil aviation policy which will cap
fares for passengers and introduce a new rule for airlines looking to expand
operations abroad. Vistara Airlines, a joint venture between the Singapore
Airlines and the Tata Group and AirAsia India are the top beneficiaries of the new
0/20 rule announced in the policy.
 Recruiters bank on social media for perfect talent: Report: Looking for the
right fit, HR managers are increasingly turning to social media, which is proving to
be a potent tool for recruiters as well as job seekers, says a report. The report
tracking the social media hiring trend and prepared by industry body Assocham
said the interactive platform has emerged as an important route for hiring fresh
talent by corporates which use the micro-blogging sites for background checks to
judge the overall persona of candidates. Around 68 per cent of the human
resource managers looked into LinkedIn, Facebook or Twitter to get an idea about
the candidate, it noted.
 Get your SMSes in Facebook Messenger now: Social media giant Facebook
has enabled SMS in Messenger for Android which means that users will now have
the choice to be able to send/receive SMSes in Messenger itself. The feature is
only available on Android. However, when you send an SMS message, the
recipient can be on any platform. "We hope that this new choice will bring the
convenience of being able to access all your messages in one place, making your
messaging a lot simpler and helping you stay on top of your conversations,"
Facebook said in a post.
 Delhi Metro may raise one-way fare to Rs 70: Your comfortable travel in Delhi
Metro could soon become costlier. The fare fixation panel of the Delhi Metro has
proposed to raise the maximum fare of Rs 30 to Rs 70. The minimum fare could
be raised to Rs 8 to Rs 15 and a decision is likely to be taken in the next three
months, say media reports. The reports say the Delhi Metro wants to raise fare to
meet its expenses. The Delhi Metro last raised fares in 2009 when the minimum
fare was revised from Rs 6 to Rs 8. The maximum fare was raised to Rs 30 from
Rs 22.
 Auto component sector to grow 10-12% in FY17: ACMA: Indian auto
component industry is expected to grow in the range of 10-12 per cent in the
current fiscal on hopes of above-normal monsoon and recovery in the domestic
automobile market, according to industry body ACMA. In the last fiscal, the auto
component industry's turnover grew by 8.8 per cent to Rs 2.55 lakh crore as
against Rs 2.34 lakh crore in 2014-15. "In the first two months of this fiscal trends
have been positive. With prospects of a good monsoon, we expect the growth
during this fiscal to be better then the previous one.

News in brief

  • 1.
    NEWS IN BRIEF New aviation policy: AirAsia India, Vistara to benefit from 0/20 rule: The aviation sector is in for an overhaul and consumers are set to become the biggest beneficiaries of the civil aviation policy announced by the government on Wednesday. The Cabinet has cleared the new civil aviation policy which will cap fares for passengers and introduce a new rule for airlines looking to expand operations abroad. Vistara Airlines, a joint venture between the Singapore Airlines and the Tata Group and AirAsia India are the top beneficiaries of the new 0/20 rule announced in the policy.  Recruiters bank on social media for perfect talent: Report: Looking for the right fit, HR managers are increasingly turning to social media, which is proving to be a potent tool for recruiters as well as job seekers, says a report. The report tracking the social media hiring trend and prepared by industry body Assocham said the interactive platform has emerged as an important route for hiring fresh talent by corporates which use the micro-blogging sites for background checks to judge the overall persona of candidates. Around 68 per cent of the human resource managers looked into LinkedIn, Facebook or Twitter to get an idea about the candidate, it noted.  Get your SMSes in Facebook Messenger now: Social media giant Facebook has enabled SMS in Messenger for Android which means that users will now have the choice to be able to send/receive SMSes in Messenger itself. The feature is only available on Android. However, when you send an SMS message, the recipient can be on any platform. "We hope that this new choice will bring the convenience of being able to access all your messages in one place, making your messaging a lot simpler and helping you stay on top of your conversations," Facebook said in a post.  Delhi Metro may raise one-way fare to Rs 70: Your comfortable travel in Delhi Metro could soon become costlier. The fare fixation panel of the Delhi Metro has proposed to raise the maximum fare of Rs 30 to Rs 70. The minimum fare could be raised to Rs 8 to Rs 15 and a decision is likely to be taken in the next three months, say media reports. The reports say the Delhi Metro wants to raise fare to meet its expenses. The Delhi Metro last raised fares in 2009 when the minimum
  • 2.
    fare was revisedfrom Rs 6 to Rs 8. The maximum fare was raised to Rs 30 from Rs 22.  Auto component sector to grow 10-12% in FY17: ACMA: Indian auto component industry is expected to grow in the range of 10-12 per cent in the current fiscal on hopes of above-normal monsoon and recovery in the domestic automobile market, according to industry body ACMA. In the last fiscal, the auto component industry's turnover grew by 8.8 per cent to Rs 2.55 lakh crore as against Rs 2.34 lakh crore in 2014-15. "In the first two months of this fiscal trends have been positive. With prospects of a good monsoon, we expect the growth during this fiscal to be better then the previous one.