Porinju Veliyath#39;s Equity Intelligence sells 29 lakh shares of Texmaco Rail
Equity Intelligence India sold 1.53 percent stake in the company through bulk deals.
Posted on 9 December 2018 | 11:28 pm
Over 1,700 arrested in latest #39;yellow vest#39; protests in France
A total 1,220 of the 1,723 detained were ordered held in custody, the ministry said.
Posted on 9 December 2018 | 7:45 pm
France tells US President Donald Trump to stop interfering in its politics
Trump had on December 8 posted two tweets referring to the "yellow vest" anti-government protests that have swept France since mid-November and sparked rioting in Paris.
Posted on 9 December 2018 | 7:40 pm
Bollywood weekly wrap: #39;Kedarnath#39; faring well at box office, #39;2.0#39; going steady
Abhishek Kapoor’s #39;Kedarnath#39; that stars Sushant Singh Rajput has been the biggest opening for the actor beating the Rs 6.30 crore #39;Shudh Desi Romance#39; earned on its opening.
Posted on 9 December 2018 | 7:33 pm
Bulandshahr violence: UP govt transfers ASP; Army jawan sent to jail for 14 days
On December 3, a mob of some 400 people rampaged through a village in Bulandshahr apparently after cow carcasses were found in a jungle nearby.
Posted on 9 December 2018 | 7:25 pm
Punjab CM Amarinder Singh dubs opening of Kartarpur corridor a conspiracy of Pak army
The Chief Minister hit out at the Akalis and the BJP Central leadership for "indulging" in unwarranted controversy over his (Chief Minister#39;s) relations with Sidhu.
Posted on 9 December 2018 | 7:00 pm
Opposition bigwigs to meet on Monday to discuss prospects of anti-BJP front
TDP chief and Andhra Pradesh CM N Chandrababu Naidu is coordinating the meeting. He has invited the leaders of all the non-BJP parties.
Posted on 9 December 2018 | 6:55 pm
Vijay Mallya extradition case: CBI joint director leaves for UK to attend hearing
Mallya faces a case of loan default to the tune of Rs 9,000 crore besides allegations of money laundering and diversion of loan funds for purposes other than they were meant for.
Posted on 9 December 2018 | 6:30 pm
Karnataka legislature session begins Monday; Opposition to corner Congress-JD(S) govt over agrarian issues
Coalition worries within the ruling Congress-JDS alliance and disgruntlement over the delay in the cabinet expansion may also cast a shadow over the session.
Posted on 9 December 2018 | 6:25 pm
Trade Setup for Monday: Top 15 things to know before Opening Bell
A series of events like state election results, US Fed policy and UK parliament vote on modalities of Brexit will play a crucial role in determining major swings in the market.
Posted on 9 December 2018 | 6:13 pm
ILFS crisis: ICAI accuses 3 top audit firms of professional misconduct
The ICAI#39;s decision to hold ILFS#39; statutory auditors #39;prima facie guilty#39; has cleared the way for full-fledged investigations against the partners of these audit firms.
Posted on 9 December 2018 | 5:36 pm
Bulandshahr peaceful now, says Uttar Pradesh DGP OP Singh
On December 3, a mob of some 400 people rampaged through a village in Bulandshahr district apparently after cow carcasses were found in a jungle nearby.
Posted on 9 December 2018 | 5:30 pm
RLSP MP backs Upendra Kushwaha in stance against NDA leadership
Sharma has been, in the recent past, disapproving of Kushwahas tough posturing against the leadership of the NDA, especially Bihar Chief Minister and JD(U) president Nitish Kumar.
Posted on 9 December 2018 | 5:20 pm
Swaraj India will not be part of any #39;mahagathbandhan#39; of opposition parties in 2019: Yogendra Yadav
"Power is not the aim of our politics. We want to teach a lesson to those who have been spoilt by power," Yogendra Yadav said.
Posted on 9 December 2018 | 5:13 pm
UK parliament vote on Brexit deal to go ahead on December 11
A newspaper had earlier reported that the parliamentary vote on the Brexit deal was likely to be postponed.
Posted on 9 December 2018 | 5:09 pm
Former CEA Arvind Subramanian calls for review by experts to clear doubts over back series data
Subramanian stressed that institutions that do not have technical expertise in calculating the GDP data should not be involved in the process, apparently referring to the Niti Aayog.
Posted on 9 December 2018 | 11:37 am
IIT Madras sees 888 offers in Phase I of placements
The institute said that it received the highest ever number of job offers during placements made in its history
Posted on 8 December 2018 | 7:02 pm
Finance Ministry extends deadline for filing GST annual returns till March 31
Trade and industry players have been seeking an extension of the deadline for filing the annual returns.
Posted on 8 December 2018 | 4:00 pm
China#39;s November export, import growth shrinks; surplus with US record high
Import growth also falls sharply in November to the slowest pace since October 2016, which signals continuing weakness in domestic demand.
Posted on 8 December 2018 | 11:25 am
US Fed on quest for unicorn of monetary policy: The soft landing
The critical employment report on December 7 gave a mixed message about the state of the economy.
Posted on 8 December 2018 | 8:10 am
Top 10 fastest growing cities in the world are in India: Find out which is number 1
Here are the 10 Indian cities that will have the highest GDP growth YoY.
Posted on 7 December 2018 | 10:51 pm
Forex reserves rise by $932.8 mn to $393.72 bn
In the previous week, the reserves had dropped by $795 million to $392.785 billion.
Posted on 7 December 2018 | 8:02 pm
Current account deficit widens to 2.9% of GDP in Q2
The CAD was $19.1 billion during the quarter ended September 30, 2018.
Posted on 7 December 2018 | 7:03 pm
Rupee claws back some lost ground, rises 23 paise against US dollar
Brent crude, the international oil benchmark, was trading 0.52 percent higher at $60.37 per barrel on December 7.
Posted on 7 December 2018 | 6:12 pm
Govt’s stake sale in REC to PFC more about fiscal math than operational synergies
In a similar deal last fiscal, GOI sold its 51 percent stake in HPCL to ONGC and managed to raise Rs 36,915 crore.
Posted on 7 December 2018 | 5:16 pm
Editor#39;s Take | GST Council Meet: What To expect?
Sakshi Batra gets in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol to discuss which are the items that could get cheaper and how will the lower tax rate impact revenues.
Posted on 7 December 2018 | 3:44 pm
Govt appoints Krishnamurthy Subramanian as Chief Economic Adviser for 3 years
Subramanian, who is currently the associate professor of finance (with tenure) and executive director for the Centre for Analytical Finance at ISB, is expected to take charge in the next 10 days.
Posted on 7 December 2018 | 3:23 pm
Quick Take | Does the market really have a reason to worry about lower global growth?
Global growth is still strong, but business confidence is the lowest it has been in two years
Posted on 7 December 2018 | 3:00 pm
Nitin Gadkari assures he#39;s fine after he fainted on stage in Maharashtra
He fainted at the convocation of an agriculture university in Rahuri while the national anthem was being sung, the official said.
Posted on 7 December 2018 | 2:22 pm
India to have 17 out of 20 fastest-growing cities globally between 2019-2035: Report
Topping the list is Surat which is a major diamond trading and processing centre and also has a strong presence of IT companies.
Posted on 7 December 2018 | 12:35 pm
Porinju Veliyath#39;s Equity Intelligence sells 29 lakh shares of Texmaco Rail
Equity Intelligence India sold 1.53 percent stake in the company through bulk deals.
Posted on 9 December 2018 | 11:28 pm
Over 1,700 arrested in latest #39;yellow vest#39; protests in France
A total 1,220 of the 1,723 detained were ordered held in custody, the ministry said.
Posted on 9 December 2018 | 7:45 pm
France tells US President Donald Trump to stop interfering in its politics
Trump had on December 8 posted two tweets referring to the "yellow vest" anti-government protests that have swept France since mid-November and sparked rioting in Paris.
Posted on 9 December 2018 | 7:40 pm
Bollywood weekly wrap: #39;Kedarnath#39; faring well at box office, #39;2.0#39; going steady
Abhishek Kapoor’s #39;Kedarnath#39; that stars Sushant Singh Rajput has been the biggest opening for the actor beating the Rs 6.30 crore #39;Shudh Desi Romance#39; earned on its opening.
Posted on 9 December 2018 | 7:33 pm
Bulandshahr violence: UP govt transfers ASP; Army jawan sent to jail for 14 days
On December 3, a mob of some 400 people rampaged through a village in Bulandshahr apparently after cow carcasses were found in a jungle nearby.
Posted on 9 December 2018 | 7:25 pm
Punjab CM Amarinder Singh dubs opening of Kartarpur corridor a conspiracy of Pak army
The Chief Minister hit out at the Akalis and the BJP Central leadership for "indulging" in unwarranted controversy over his (Chief Minister#39;s) relations with Sidhu.
Posted on 9 December 2018 | 7:00 pm
Opposition bigwigs to meet on Monday to discuss prospects of anti-BJP front
TDP chief and Andhra Pradesh CM N Chandrababu Naidu is coordinating the meeting. He has invited the leaders of all the non-BJP parties.
Posted on 9 December 2018 | 6:55 pm
Vijay Mallya extradition case: CBI joint director leaves for UK to attend hearing
Mallya faces a case of loan default to the tune of Rs 9,000 crore besides allegations of money laundering and diversion of loan funds for purposes other than they were meant for.
Posted on 9 December 2018 | 6:30 pm
Karnataka legislature session begins Monday; Opposition to corner Congress-JD(S) govt over agrarian issues
Coalition worries within the ruling Congress-JDS alliance and disgruntlement over the delay in the cabinet expansion may also cast a shadow over the session.
Posted on 9 December 2018 | 6:25 pm
Trade Setup for Monday: Top 15 things to know before Opening Bell
A series of events like state election results, US Fed policy and UK parliament vote on modalities of Brexit will play a crucial role in determining major swings in the market.
Posted on 9 December 2018 | 6:13 pm
ILFS crisis: ICAI accuses 3 top audit firms of professional misconduct
The ICAI#39;s decision to hold ILFS#39; statutory auditors #39;prima facie guilty#39; has cleared the way for full-fledged investigations against the partners of these audit firms.
Posted on 9 December 2018 | 5:36 pm
Bulandshahr peaceful now, says Uttar Pradesh DGP OP Singh
On December 3, a mob of some 400 people rampaged through a village in Bulandshahr district apparently after cow carcasses were found in a jungle nearby.
Posted on 9 December 2018 | 5:30 pm
RLSP MP backs Upendra Kushwaha in stance against NDA leadership
Sharma has been, in the recent past, disapproving of Kushwahas tough posturing against the leadership of the NDA, especially Bihar Chief Minister and JD(U) president Nitish Kumar.
Posted on 9 December 2018 | 5:20 pm
Swaraj India will not be part of any #39;mahagathbandhan#39; of opposition parties in 2019: Yogendra Yadav
"Power is not the aim of our politics. We want to teach a lesson to those who have been spoilt by power," Yogendra Yadav said.
Posted on 9 December 2018 | 5:13 pm
UK parliament vote on Brexit deal to go ahead on December 11
A newspaper had earlier reported that the parliamentary vote on the Brexit deal was likely to be postponed.
Posted on 9 December 2018 | 5:09 pm
Vijay Mallya extradition case: CBI joint director leaves for UK to attend hearing
Mallya faces a case of loan default to the tune of Rs 9,000 crore besides allegations of money laundering and diversion of loan funds for purposes other than they were meant for.
Posted on 9 December 2018 | 6:30 pm
ILFS crisis: ICAI accuses 3 top audit firms of professional misconduct
The ICAI#39;s decision to hold ILFS#39; statutory auditors #39;prima facie guilty#39; has cleared the way for full-fledged investigations against the partners of these audit firms.
Posted on 9 December 2018 | 5:36 pm
Ministry sends new industrial policy for Cabinet approval: Suresh Prabhu
The new industrial policy aims at boosting manufacturing sector growth, promote foreign technology transfer and attract overseas investments.
Posted on 9 December 2018 | 4:30 pm
After two years, Uday Kotak now says note ban was poorly executed
"If you are taking out Rs 500 and Rs 1,000 notes, why would you introduce Rs 2,000 notes? " Uday Kotak asked.
Posted on 9 December 2018 | 3:30 pm
Kerala CM appeals to Centre not to lease out Thiruvananthapuram airport under PPP mode
The Union Cabinet has recently approved a proposal to manage Ahmedabad, Jaipur, Lucknow, Guwahati, Mangaluru besides Thiruvananthapuram airports under PPP mode.
Posted on 9 December 2018 | 3:25 pm
Mumbai airport handled record 1,007 flight movements on Dec 8
Sources said the feat was achieved in the wake of the pre-wedding bash of Isha Ambani, daughter of industrialist and Indias richest person Mukesh Ambani, in Udaipur in Rajasthan.
Posted on 9 December 2018 | 2:20 pm
Vijay Mallya#39;s extradition: UK court to rule on Dec 10
The 62-year-old former Kingfisher Airlines boss has been on bail since his arrest on an extradition warrant in April last year.
Posted on 9 December 2018 | 2:15 pm
Will facilitate global funds looking to invest in India, says Suresh Prabhu
Prabhu said these global funds face certain challenges like finding the right candidates in the country for investments, among others, "so we are discussing a structure (for them)".
Posted on 9 December 2018 | 2:00 pm
Pharma weekly blog: Family power struggles and fist fights
The first generation entrepreneur builds the enterprise, but things get complex at succession due to palace intrigues and infighting among family members
Posted on 9 December 2018 | 1:32 pm
Sebi mulls policy to identify #39;difficult to recover#39; cases, prosecution to continue uninterrupted
Sebi norms do not provide for declaring any unrecovered dues as #39;difficult to recover#39; and therefore all the proceedings continue to remain in force along with other recoverable cases.
Posted on 9 December 2018 | 1:27 pm
India#39;s crude steel output grows 4% to 8.92 MT in November
State-run SAIL, Rashtriya Ispat Nigam, Tata Steel, Essar Steel, JSW Steel and Jindal Steel and Power together produced 5.42 MT. This was 8 per cent more compared to 5.01 MT the six players produced in November 2017, it said.
Posted on 9 December 2018 | 1:05 pm
PFC not to make open offer post REC acquisition
The Cabinet Committee on Economic Affairs (CCEA) on December 6 gave in-principle approval to the acquisition of the government stake in Rural Electrification Corporation(REC) by PFC.
Posted on 9 December 2018 | 12:20 pm
Govt mandates preference to India-made vehicles in public procurement
The notification applies to automobiles based on internal combustion (IC) engines including two and three wheelers, passenger vehicles and commercial vehicles and components or spares required for their manufacture and maintenance.
Posted on 9 December 2018 | 12:20 pm
PNB invites bids for two dozen NPA accounts to recover Rs 1,179 crore
The last date for evincing interest in these accounts is December 10, Punjab National Bank said.
Posted on 9 December 2018 | 12:15 pm
Tata Motors bets big on Harrier for #39;sustainable#39; growth
The company, which has been working on a strategy to revive its fortunes in the passenger vehicle (PV) segment for the last couple of years, now believes it has the products and scale to be among the leaders in the segment.
Posted on 9 December 2018 | 12:10 pm
