News Roundup: Now you can view your IIT answer sheet online

See your checked answer sheet on IIT website

To make evaluating process of Indian Institute of Technology (IIT) Joint Entrance Exam (JEE) more student friendly, the premier institute has decided to post answer keys and students’ answer sheets on its website.
“The answer keys will be displayed on all JEE websites on May 3. Whereas the answer copies (Optical Response sheets-ORS) of all the candidates will be displayed from May 5 to May 10 along with the machine read responses and the marks scored,” said R K Shevgaonkar, IIT-Delhi director.

Candidates can submit revision requests online in case of any perceived errors in the machine read-responses.  [source]

Finance Ministry: Banks must pay vendors online

To give e-payments a big push, the Finance Ministry has directed all banks to pay vendors through online fund transfers.

“We have been directed to shift to the RTGS/NEFT payments. And the Finance Ministry also wants us to take it up with our customers that we put in a condition that over time, these vendors will shift payment to their suppliers to the online mode,” Ms Shubhalakshmi Panse, Executive Director, Vijaya Bank [source]

Bharti Airtel Q4 profit down 28% on higher interest outgo

Bharti Airtel reported its ninth straight quarterly profit decline owing to higher interest costs and foreign exchange fluctuation losses.

The company reported a 28.2 per cent decline in its net profit to Rs 1,006 crore during the fourth quarter ended March 31, 2012. The consolidated net income was at Rs 1,401 crore during the corresponding quarter last year. [source]