Month: March 2019

Sanjay Dutt dismisses rumours about contesting Lok Sabha polls

Mumbai :  Actor Sanjay Dutt has denied reports that he would be contesting in the upcoming Lok Sabha elections 2019. The actor took to Twitter to clear the air surrounding the reports that claimed he was set to follow in his father, late actor-Congress MP Sunil Dutt’s foosteps and […]

HC directs removal of unauthorised flag poles in TN by Apr 1

Chennai : The Madras High Court has directed election officials to remove all unauthorised flag poles of political parties in public places throughout Tamil Nadu by April 1. A bench comprising justices S Manikumar and Subramonium Prasad gave the direction Monday on a public interest litigation (PIL) seeking a […]

Pressure cooker symbol: SC refuses to acknowledge TTV Dhinakaran outfit’s claim

New Delhi :  The Supreme Court Tuesday refused to acknowledge the claim of the TTV Dhinakaran-led outfit over ‘pressure cooker’ as common election symbol. The apex court, however, directed the Election Commission (EC) to consider granting common free election symbol to the candidates of the Dhinakaran-led outfit for the […]

Silver futures fall by Rs 97 on weak global cues

New Delhi : Taking weak cues from overseas market, silver prices dropped by Rs 97 to Rs 38,495 per kg in futures trade Tuesday as participants cut down their bets. Profit-booking at prevailing levels by speculators also weighed on silver prices. At the Multi Commodity Exchange, silver for delivery […]

Uber to buy Mideast rival Careem for $3.1 bn

Dubai :  Global ride-hailing service Uber will acquire its Middle East rival Careem for 3.1 billion, the two companies announced on Tuesday. “Careem and Uber are joining forces. We have reached an agreement in which Uber will acquire Careem for 3.1 billion,” a joint statement said. Under the […]

ITC sells brand John Players to Reliance Retail

New Delhi :  Conglomerate ITC Tuesday said it has sold its menswear brand John Players to Reliance Retail for an undisclosed amount. Besides, the Kolkata-based firm has also transferred the trademark as part of the deal. “In line with this ongoing restructuring, ITC has sold the brand John Players […]

South Indian Bank to raise Rs 250 crore via bonds issue

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 […]

Sensex zooms 425 pts on global rebound; Nifty above 11,450

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 […]

I regret not testifying at my trial: Rajat Gupta

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 […]

China’s Xi meets top EU leaders to strengthen ties

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 […]

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