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Thursday, January 31, 2019
Sri Lanka halts imports of Johnson & Johnson Baby Powder pending asbestos tests
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2SiDEwT
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India's unemployment rate hit 45-year high in 2017-18: Report
The assessment by the National Sample Survey Office (NSSO) conducted between July 2017-June 2018, showed the unemployment rate stood at 6.1 per cent, the highest since 1972-73, the newspaper reported. The survey has become a political issue after the acting chairman and another member of the body that reviewed the job data resigned saying there was a delay in its release.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2MJzHvZ
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Sensex jumps over 200 points on firm global cues; Nifty above 10,700
Top gainers in the Sensex pack include ICICI Bank, RIL, Tata Steel, SBI, Tata Motors, NTPC, Vedanta and TCS, rallying up to 2.20 per cent. On the other hand, Bajaj Finance, Yes Bank, Hero MotoCorp, Bajaj Auto, HDFC duo and HCL Tech were the top losers, falling up to 1.59 per cent.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2RtfxHw
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Zomato in talks to sell UAE biz to German co for $200m
The company is exploring a divestment as it is not keen on ceding a lot more stake to Ant Financial, which already owns 28% of the company. Info Edge, an early backer which owns around 28% of the company, called the battle with Swiggy “a hugely capital-consumptive game” and said it is not likely to participate in a follow-on round.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2FZECZ8
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TCS campus offers higher by 50% this year
The company made a net addition of 27,049 employees in the last four quarters (calendar year 2018) compared to 7,000 in 2017. It has 4.2 lakh employees now. In the December quarter, TCS doubled its revenue growth to 12% on a constant currency basis, its highest in 14 quarters, with the banking, financial services & insurancefrom Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Shi3ox
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Torrent sells 6 cardiac, diabetic brands
Torrent has mandated investment bank MAPE to divest overlapping brands — Pregaba, Ranx, Tenepure, Tolol, Zulu and Gemitrol — drawing early interest from Piramal Enterprises and private equity firms like Multiples Alternate Asset Management and ICICI Venture, among othersfrom Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2HHe14X
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TOI Gadgets Now awards honour best tech products
The awards, a celebration of the best tech gadgets over the past year, were presented across 12 categories. For each category, there were two sets of awards — jury awards, selected by an eminent panel of experts, and ‘People’s Choice’ awards, selected through online voting that was conducted between January 17-29, 2019from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Bd1CQt
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Lending has been our star performer: MobiKwik founder
MobiKwik is now a Digital Bank for the millions of underbanked Indians. From accessing one’s bank account (via UPI),making payments, availing instant loans, to wealth management, buying/selling of digital gold and digital insurance— one can do it all on MobiKwik App. The App is targeted towards the 400 million customers who have bank accounts and smartphones but want a 21st century digital experience, not a web 1.0 or branch- led experience.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Wy4al1
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Sebi may cut lot size for REITs, InvITs
In a bid to attract more investors in REITs and InvITs, Sebi has proposed to drastically reduce the lot size for trading these instruments to between Rs 15,000 and Rs 20,000 from Rs 2 lakh for REITs and Rs 10 lakh for InvITs.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Bd0Z9z
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Coal India may go for 1% buyback
CIL had gone for a major buyback in 2017 when the government garnered about Rs 2,638 crore from it. CIL had bought back 7.8 crore shares from the government out of the total offer of 10.9 crore equity shares for Rs 335 each. Currently, the promoter, the government owns 72.91% of CIL.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2RsYpkT
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IOC net profit dips 91% to ₹716cr on falling crude
Net profit stood at about Rs 716 crore, or 76 paise per share, in the October-December 2018 period against more than Rs 7,883 crore in the year-ago period, company chairman Sanjiv Singh told reporters. “The variation is mainly on account of inventory losses which were partly made up from forex gains,” he saidfrom Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2HJclaX
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Yes Bank may name Shagun as board member
Between 2004 and 2007, she was vice-president at ICICI Venture where she closed five private equity deals. In 2007, she left the group to set up Tuscan Ventures to invest in the logistics sector. Since then, the fund has diversified and invested in analytics, wealth management and fintech lendingfrom Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2ShiH5r
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ICICI Bank Q3 profit down 3% at Rs 1,605 crore
Private sector lender ICICI Bank on Wednesday reported 2.7 per cent decline in its standalone net profit to Rs 1,604.91 crore for the third quarter ended December 2018. The bank had registered Rs 1,650 crore net profit in the corresponding October-December quarter of 2017-18from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2BcCCbW
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Sensex, Nifty flat ahead of F&O expiry, Union Budget
The BSE sensex ended marginally lower by 1.25 points and the NSE Nifty closed with a negligible loss of 0.4 point. Heavyweights ICICI Bank and Tata Steel — both rising over 5 per cent saved the day for the sensex. Also, mixed trading pattern in global shares as US-China trade talks kicked off earlier in the day made domestic investors even more cautious.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2CVlibo
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How Bitcoin could help Iran undermine US sanctions
Iran's economy has been hobbled by banking sanctions that effectively stop foreign companies from doing business in the country. But transactions in bitcoin, difficult to trace, could allow Iranians to make international payments while bypassing the US restrictions on banks.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2SdWp4A
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Carlos Ghosn says arrest was result of 'plot and treason': Nikkei
The Japanese business daily quoted Ghosn as saying he had "no doubt" that the charges of financial misconduct against him were caused by "plot and treason" at the Japanese automaker.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2DHrfKW
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Huawei: What you need to know
Chinese tech giant Huawei overtook Apple to become the second-largest smartphone seller in the world in 2018. It remains a privately held company, and little is known about its reclusive founder Ren Zhengfei, a former Chinese army engineer who rarely speaks to the media.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2HEEr7h
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Emiliano Sala: Touching tributes to missing footballer
On nights like this soccer can be a comfort, acting as a balm during life's tragedies, offering 90-minutes of respite when the emotional fallout is taking its toll, while at the same time providing a reminder of how inconsequential the beautiful game is.
from CNN.com - RSS Channel - World https://cnn.it/2MDLCeM
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from CNN.com - RSS Channel - World https://cnn.it/2MDLCeM
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Hindu temple vandalised in US
In a hate crime, a Hindu temple has been vandalised in the US state of Kentucky by miscreants who sprayed black paint on the deity and left a knife stabbed into a chair in the main hall. The incident has sent shock waves through the Indian-American community in Louisville Kentucky.from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2RqRg4H
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Deep freeze grips US Midwest, blamed for at least 12 deaths
Classes were cancelled for students across the Midwest, including Chicago, home of the nation's third-largest school system, and police warned of the heightened risk of accidents on icy highways. At least a dozen deaths related to extremely cold weather have been reported since Saturday in Michigan, Iowa, Indiana, Illinois, Wisconsin and Minnesota.from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2G09fOg
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Brexit envoy insists EU united as UK's May seeks concessions
Britain is scheduled to exit the EU on March 29 — the first country ever to do so — but an agreement governing its departure is held up in British Parliament, mostly due to a border measure known as the Irish "backstop." On Tuesday, PM May won backing from Parliament to reopen negotiations over the withdrawal deal.from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2FVWXq5
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Venezuela's President 'ready to negotiate' with opposition
"I am ready to sit down at the negotiating table with the opposition so that we could talk for the good of Venezuela," Maduro told the Russian state news agency in an interview in Caracas.from World News Headlines, Latest International News, World Breaking News - Times of India http://bit.ly/2Scsn18
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