Opinion | Use diplomacy against nuclear proliferation
2 min read . 07:45 PM IST
Pakistan refuses to cap its arsenal and the US
appears a bit too cavalier in its approach to the menace. There’s also
the threat of warheads in space. India should firmly oppose all this
Six of top 10 stocks lose over ₹62k cr in m-cap; RIL takes biggest hit
1 min read . 12:33 PM IST- HDFC Bank, ITC, SBI and ICICI Bank were the other laggards in the top-10 pack
- The market valuation of RIL plunged ₹20,031 crore to ₹7,91,750 crore ahead of its Q1 results, which were declared after market hours Friday
Kumar Mangalam Birla's FY19 remuneration from UltraTech fell 19% to ₹15.5 cr
2 min read . 03:31 PM IST- Birla, 52, had received an annual salary of ₹19.13 crore in FY 2017-18
- Since the last two years, Birla's remuneration is on a decline
LIC offers ₹1.25 tn line of credit by 2024 to fund highway projects: Gadkari
3 min read . 02:01 PM IST- This will be used to fund the ambitious Bharatmala project, the revised cost of which has reached ₹8.41 lakh crore
- Bhartmala was approved initially at a cost of ₹5.35 lakh crore, which was risen later on account of land acquisition costs
D Raja appointed CPI general secretary
1 min read . 07:02 PM IST- The move comes after incumbent General secretary Sudhakar Reddy stepped down due to health reasons
- The decision was taken at the party's national council meeting, which began on Friday
'Stronger than ever': India set for fresh Moon launch attempt
2 min read . 06:36 PM IST- Chandrayaan-2 will be launched atop a Geosynchronous Satellite Launch Vehicle (GSLV) MkIII
- Chandrayaan-2, and India's space programme as a whole, are a source of national pride in India
Centre proposes 'Metrolite' train for small cities
1 min read . 06:22 PM IST- The 'Metrolite' system will have a dedicated path separating the road traffic with it
- The three-coach train will have capacity of carrying 300 passengers
Government tells Air India to freeze all appointments, promotions
1 min read . 06:08 PM IST- The direction has come from the Department of Investment and Public Asset Management or DIPAM
- The reconstituted GoM headed by Home Minister Amit Shah is expected to meet in the next few weeks to take decisions pertaining to Air India's privatization
Kotak Mahindra mutual fund exposure in DHFL at ₹140 crore
1 min read . 06:57 PM IST- The total exposure of the mutual fund industry in the company is estimated at ₹5,000 crore from 10 asset management companies
- DHFL had reported a loss of ₹2,223 crore for the March quarter of the 2018-19 fiscal
Yeddyurappa confident Monday will be last day of Kumaraswamy-led govt in K'taka
1 min read . 06:00 PM IST- Yeddyurappa was referring to the trouble the JD(S)-Congress coalition government has landed in
- Yeddyurappa alleged the ruling coalition was unnecessarily buying time despite knowing that whip issued to the ruling coalition MLAs was of no use
Indices to remain volatile as fund outflows, subdued results may persist
3 min read . 12:53 PM IST- Market observers opined that monsoon progress coupled with derivatives expiry will also affect investors sentiments
- The ongoing flight of foreign funds is expected to continue on the back of latest taxation surcharge on the super rich category.
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Will Reliance Jio relent on pricing pressure after 6th consecutive ARPU fall?
2 min read . 20 Jul 2019- Reliance Jio's present subscriber base is 331.3 million subscribers, according to Jio’s April-June financial quarter
- Jio’s average revenue per user (ARPU) has declined consistently over the past six quarters
Post-$34 billion acquisition by IBM, Red Hat bets big on India
2 min read . 01:50 PM IST- Founded in 1993, Red Hat is credited for bringing open source — including technologies like Linux, Kubernetes, Ansible, Java and Ceph, among others — into the mainstream for the enterprises
- Red Hat has engineering facilities in Pune and Bengaluru
Two Kerala districts on red alert after four die in heavy rainfall
2 min read . 05:50 PM IST- Kerala, where the crucial southwest monsoon makes its onset, is going through an extreme weather situation this year
- For 47 days into the monsoon season that began on 1 June, Kerala faced a pronounced dry spell
Govt sweetens deal to attract bidders for Pawan Hans by diluting crucial terms
3 min read . 03:46 PM IST- Now, the successful bidder would be required to retain all permanent employees for a period of at least a year, as against two years stipulated earlier
- Govt also decided to indemnify the buyer against ₹577-cr worth tax liability of Pawan Hans in case an ongoing tax dispute is decided against it
Sheila Dikshit's last journey begins; mortal remains taken to Cong headquarters
1 min read . 01:56 PM IST- Congress workers jostled to have a glimpse of their leader as the body was brought in a glass casket from her Nizaumuddin residence to the party headquarters
- Earlier in the day, BJP patriarch L K Advani and former external affairs minister Sushma Swaraj visited Dikshit's residence and paid homage
Why the markets are so focused on the Fed
3 min read . 09:59 AM IST- Markets have long been expecting the Fed to cut rates at its July 30-31 meeting
- US stocks and bonds and futures contracts tied to the Fed's policy rate rallied on Thursday, milliseconds after remarks from Williams that appeared to suggest an appetite for forceful rate cuts
India’s unicorn tribe grows faster than ever this year
2 min read . 20 Jul 2019- 2019 alone has produced over half a dozen unicorns so far, with a new one just last week
- Unicorns created this year include Icertis, BigBasket, Rivigo, Delhivery, software firm Druva, Dream11, CitiusTech and Ola Electric
Not just in India, financials sector holding the fort across Asia
1 min read . 20 Jul 2019- In India, the financials sector is seen compensating for the poor performance of others
- Within financials, analysts expect corporate banks to be the main drivers in the June quarter
UK steps up pressure on Iran to release seized oil tanker
5 min read . 09:46 AM IST- The UK has demanded the immediate release of the Stena Impero and on Saturday summoned Iran’s charge d’affaires, Mohsen Omidzamani, in London
- Tensions between Iran and the West have been rising since Trump pulled out of the 2015 multi-nation agreement with Iran to limit its nuclear program
Heavy rainfall expected in some parts of Tamil Nadu
1 min read . 10:24 AM IST- The weather office also predicted heavy to very heavy rainfall in Andaman and Nicobar Islands and south Konkan and Goa
- Rough to very rough sea conditions (with wind speed reaching 40-50 kmph) are expected to prevail over southeast Bay of Bengal
US importers find ways to adapt to, skirt Trump's tariffs
3 min read . 09:38 AM IST- Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia
- Retail giants such as Walmart and Target say significantly reducing their reliance on Chinese-made goods is unrealistic because of the demand for low prices
PM Modi, Prez Kovind, Rahul Gandhi, other leaders condole Sheila Dikshit's death
3 min read . 20 Jul 2019- Sheila Dikshit had undergone heart surgery in France last year
- She had undergone angioplasty in November 2012 and was also treated for infection some time ago
'I’m an outsider': Why Rajan didn't apply for top job at Bank of England
2 min read . 20 Jul 2019- In an interview, Raghuram Rajan confirmed that he didn’t apply to head up the Bank of England
- 'It’s obvious I’m an outsider,' said Raghuram Rajan
IndiGo to seek shareholder nod to take woman director on board
1 min read . 20 Jul 2019- Having a woman independent director on board was one of the several demands made by IndiGo's co-founder Rakesh Gangwal in his letter to Sebi earlier this month
- InterGlobe Aviation CEO Ronojoy Dutta told analysts on Friday that the company was in the process of replying to Sebi on Gangwal's grievances
Sheila Dikshit: The affable politician who gave Delhi its modern look
3 min read . 20 Jul 2019- Sheila Dikshit was handpicked by Rajiv Gandhi to be part of his council of ministers after he became the Prime Minister in 1984
- Dikshit was Delhi's longest-serving woman chief minister, who ruled the city state for three consecutive terms, from 1998 to 2013
HDFC Bank Q1 net profit rises 21% to ₹5568 crore
1 min read . 20 Jul 2019- Net interest income grew 22.9 % year-on-year to ₹13,294.3 crore in April-June
- Gross NPAs, as a percentage of total advances, rose to 1.4% in the June quarter, against 1.33% a year ago
Government may tap foreign lenders for loans to small firms
3 min read . 20 Jul 2019- The government is looking to provide as much as $14.5 billion in credit to millions of its small firms
- The Centre is in discussions with multiple foreign lenders, including Germany's state-owned development bank KfW Group, the World Bank and some Canadian institutions
Delhi govt declares two-day mourning for Sheila Dikshit
1 min read . 20 Jul 2019- Three-term chief minister Sheila Dikshit passed away on Saturday afternoon after suffering a cardiac arrest. She was 81
- She will be accorded a state funeral
New comers MG Motor and Kia buck the vehicle sales trend as incumbents struggle
2 min read . 20 Jul 2019- MG Motor stopped taking bookings for Hector after the company received 21000 bookings since its 4 June launch
- Kia Motors - a subsidiary of Hyundai Motor Group - got more than 6000 bookings on the first day it started taking bookings for Seltos
Mutual funds pare holdings in commercial papers in June
2 min read . 19 Jul 2019- MFs’ stakes in commercial paper fell 13.69% from ₹4.31 tn in May to ₹3.72 tn in June
- Mutual funds have significantly reduced their exposure to CPs in the aftermath of the IL&FS crisis
Tata Motors MD draws over two times more salary than M&M's in FY19
1 min read . 10:53 AM IST- Tata Motors Managing Director and CEO Guenter Butschek's total remuneration was at ₹26.29 crore while Pawan Goenka's total remuneration for FY2018-19 was at ₹12.19 crore
- Tata Motors said Butschek's remunerations included performance bonus and long-term incentive plan of ₹9.23 crore and retirement benefits of ₹32,02,494
BA suspends flights to Cairo on security grounds
1 min read . 10:03 AM IST- A Lufthansa spokesman said normal service should return on Sunday
- British Airways said it would not operate its aircraft unless it felt it was safe to do so
India set to get first dedicated LGBT hiring consultancy
2 min read . 10:14 AM IST- Bengaluru-based Diversity & Inclusion firm — Pride Circle — plans to shatter some of these stereotypes via a dedicated wing which will look at the job consultancy market for the LGBTIQ candidates
- A 2014 World Bank report estimated the country to have lost 0.1-1.7 per cent of the GDP due to homophobia
'The Lion King’ builds on franchise, opens well in India
1 min read . 20 Jul 2019- 'The Lion King' is the eighth Hollywood film to earn a double-digit number on its first day in India
- 'The Lion King' has started on a good note. Will be the first choice of moviegoers this week, said Taran Adarsh
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