New Delhi : South Indian Bank Tuesday said it would raise Rs 250 crore by issuing Basel III-compliant bonds to add up to its tier-II capital. The capital planning and infusion committee of directors Tuesday accorded approval to allot Basel III-compliant debt instruments qualifying as tier-II capital of the […]
Mumbai : Benchmark Sensex rebounded about 425 points to end well above the 38,000-mark Tuesday, breaking its two-day falling streak on gains in heavy-weights RIL, SBI and ICICI Bank amid persistent foreign fund inflows and positive global leads. The broader NSE Nifty too inched closer to the key 11,500 […]
New York : Rajat Gupta, India-born former Managing Director of McKinsey, feels not testifying at his insider trading trial was a “bad call” and he regrets not taking the stand in his defence. Gupta, 70, has penned his memoir Mind Without Fear’ that released Monday and tells of his […]
Paris : The leaders of China, France, Germany and the EU were set to meet in Paris on Tuesday for “unprecedented” talks on how to improve ties, despite growing jitters over Beijing’s massive investments in Europe. It comes ahead of an EU-China summit in Brussels next month and a […]
London : British lawmakers seized a measure of control over the stalled Brexit process from Prime Minister Theresa May’s foundering government Monday, setting up a series of votes that could dramatically alter the course of the UK’s departure from the European Union. The move came after May conceded that […]
Islamabad:In a relief to Nawaz Sharif, Pakistan’s Supreme Court Tuesday granted bail to the jailed former prime minister for six weeks on medical grounds. Sharif, 69, is lodged in the Kot Lakhpat jail in Lahore since December last year, serving a 7-year imprisonment in the Al Azizia Steel […]
Washington : Acting Pentagon chief Patrick Shanahan said Monday he had authorized USD 1 billion to build part of the wall sought by President Donald Trump along the US-Mexico border. The Department of Homeland Security asked the Pentagon to build 92 kilometers of 5.5-meter fencing, build and improve roads, […]
Rameswaram (TN) : Eleven Tamil Nadu fishermen were Tuesday arrested by the Sri Lankan Navy for fishing in the territorial waters of the island nation, official sources said. The fishermen from Jegadapattinam in Pudukottai district were detained when they were fishing near Neduntheevu near Sri Lanka, they said. Three […]
New Delhi : The Enforcement Directorate (ED) has arrested a defence agent from Delhi in the Rs 3,600-crore VVIP choppers deal case, officials said Tuesday. They said Sushen Mohan Gupta was arrested late Monday by agency sleuths under the Prevention of Money Laundering Act (PMLA). Gupta, they said, has […]
Hyderabad : Senior Congress leader M Veerappa Moily said Tuesday opposition parties may not have come together to fight the BJP in the Lok Sabha elections in all states but would join hands post-poll to form government. The former union minister said he was not at all disappointed that […]
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