Business Corner

Monday, 16 Jul 2018 | Agencies

Foundation Stone of 200 Bedded ESIC Hospital laid in Butibori, Nagpur Shri Devendra Fadnavis, Chief Minister of Maharashtra, Shri Nitin Gadkari, Minister of Road Transport & Highways,Shipping & Water resources, River Development & Ganga Rejuvenation,Govternment of India and Shri Santosh Kumar Gangwar, of State (Independent Charge) for Labour & Employment, Government...

Infosys misses estimates; declares 1:1 bonus

Saturday, 14 Jul 2018 | PTI | Bengaluru

Infosys Q1 net profit up 3.7% to Rs 3,612 cr The country's second-largest software services major Infosys on Friday reported 3.7 per cent growth in consolidated net profit at Rs 3,612 crore for the quarter ended on June 30, 2018, compared to a net profit of Rs 3,483 crore in...

IHH Healthcare wins battle for Fortis Healthcare

Saturday, 14 Jul 2018 | PTI | New Delhi

Fortis Healthcare board on Friday approved Rs 4,000-crore offer from Malaysia's IHH Healthcare for 31.1 per cent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of takeover battle. IHH Healthcare, which is expected to gain majority control of India's second-largest hospital chain after...

Maha Govt tells multiplexes to allow outside food

Saturday, 14 Jul 2018 | IANS | Nagpur

The Maharashtra Government on Friday warned multiplexes that they would face action if they restrained movie watchers from carrying home-cooked or outside food. “There is no ban on patrons carrying outside food to multiplexes and if the multiplex authorities prohibit it, they could face action,” Food and Civil Supplies Minister Ravindra...

IKEA postpones launch of first India store

Saturday, 14 Jul 2018 | IANS | Hyderabad

Leading Swedish home furnishings retailer IKEA has postponed the launch of its first India store here to August 9, it was announced on Friday. The company said that it moved the opening date from July 19 to August 9 as it needed more time to live up to its expected quality...

Business Corner

Saturday, 14 Jul 2018 | Agencies

NTPC signs Term Loan of with HDFC Bank NTPC has signed term loan agreement for Rs 1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3 months MCLR of the Bank. This loan has a door to...

Twitter de-activates locked accounts, many lose following

Saturday, 14 Jul 2018 | IANS | New Delhi

As Twitter began sanitising its platform by removing inactive and locked accounts, Prime Minister Narendra Modi on Friday lost nearly 300,000 followers while Congress Party President Rahul Gandhi lost over 17,000 followers. The number of Modi's followers went down to 43.1 million from 43.4 million. According to SocialBlade.com that tracks the number...

RBI wants buyers name on demand drafts to curb misuse

Saturday, 14 Jul 2018 | Agencies | New Delhi

To address concerns about money laundering, the Reserve Bank of India (RBI) on Thursday directed banks to incorporate the name of the purchaser on the face of a demand draft (DD). From September 15, issuing banks have to incorporate the name of the purchaser on the face of a demand...

Sensex soars to record high; Nifty reclaims 11k-mark

Friday, 13 Jul 2018 | PTI | Mumbai

Benchmark Sensex defied gravity for the fifth straight session to close at a fresh lifetime high on Thursday as investors poured money into energy and financial shares amid a robust start to the earnings season. The 30-share Sensex surged 282.48 points to end at 36,548.41, while the broader NSE Nifty reclaimed...

RIL crosses USD 100-bn m-cap mark; shares surge 17.5% so far this yr

Friday, 13 Jul 2018 | PTI | New Delhi

Reliance Industries on Thursday crossed the USD 100-billion market capitalisation mark in morning trade for the first time in the last 10 years following surge in its share price. Shares of RIL surged 4.42 per cent to its all-time closing high of Rs 1,082.20 on BSE. Intra-day, it soared 6 per...


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My father lived, died for India, says Rahul

15 Jul 2018 | PTI | New Delhi

Amid row over alleged use of derogatory language in a web series while referring to former Prime Minister Rajiv Gandhi, Congress chief Rahul Gandhi on Saturday said the BJP and the RSS believe that freedom of expression must be policed, while he regards it as a fundamental democratic right. “My father lived and died in the service of India...

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Two-month-old dies in 108-Amublance

18 Jul 2018 | Staff Reporter | RAIPUR

A two-month-old infant died due to suffocation after the door of the ‘108 Ambulance Service’ that was carrying him to a hospital malfunctioned and failed to open on time at Dr Bhimrao Ambedkar Hospital here on Tuesday. The Ambulance operators tried to open the door for a couple of hours but failed to open it on time...

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