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Showing posts from September, 2018

109 killed, 565 hurt in Pak firing in 31 months: MHA

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109 killed, 565 hurt in Pak firing in 31 months: MHAThe Asian AgeFull coverage

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Pakistani bureaucrat steals wallet of Kuwaiti delegate, act gets caught on CCTV

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PM Modi hits out at Congress for remark on Sardar Vallabhbhai Patel statue

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Pehlu Khan lynching case: Sons, other witnesses shot at on way to testify

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FPI outflow at 4-month high of Rs 210 bn in Sept on widening CAD, trade war

FPIs never fully returned to the Indian equity markets after pulling out net assets worth Rs 610 bn during the quarter ended June 2018

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RBI policy, macro data, rupee trend key for stock markets this week

At its previous monetary policy meeting in August, the Reserve Bank raised the benchmark interest rate by 25 basis points to 6.50 per cent on inflationary concerns

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Four of 10 most-valued firms add Rs 769.60 bn in m-cap, TCS gains most

The cumulative gains of TCS, RIL, HDFC Bank and Infosys were higher than the total loss suffered by the six firms which stood at Rs 537.68 billion

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Midcaps, smallcaps plunge to new lows in biggest monthly drop since 2008

The velocity of the market correction in September was so fierce that nine stocks declined for every one that advanced

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Virtual currency exchange Zebpay shuts down following RBI freeze

Launched in 2015, Zebpay was one of the largest entities in the cryptocurrency business in India

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The fall season: Foreign portfolio investors pull out Rs 80 bn in September

Financial stocks were among major losers, while information technology shares gained thanks to a weak rupee

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Commodity exchange derivative norms to apply to bourses entering biz: Sebi

The circular will be effective from October 1, 2018

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BSE waives transaction charges for commodity derivatives, launch on Monday

NSE to launch trading on Oct 12, will introduce mini-gold contracts of 100 grams to attract small investor

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Commex rules to apply to commodity derivatives on stock exchanges: Sebi

Earlier this month leading exchanges, BSE and NSE received Sebi's approval to launch the commodity derivatives segments from October 1

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Investors lose Rs 14 trillion in September

Total investor wealth, measured in terms of the cumulative market value of all listed stocks on BSE, fell by Rs 14.5 trillion in September to Rs 144.9 trillion.

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Apollo Hospitals gets shareholders' approval to issue Rs 5-billion NCDs

The issue was taken up for discussion at the company's 37th annual general meeting on Thursday

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YES Bank, Maruti Suzuki, Eicher Motors, Hero MotoCorp hit 52-week lows

YES Bank hit an over two-year low of Rs 184, down 9% on the BSE in intra-day trade, falling 50% in past one month.

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Apollo Tyres hits fresh 52-week low; analysts see more downside

Analysts say the move is a step in the right direction for improving corporate governance standards in India.

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United Breweries hits record high; up 12% in one week

The stock hit a record high of Rs 1,464, outperforming the market by gaining 12% during the current week, as compared to a 1.2% decline in the S&P BSE Sensex.

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Use correction in financials to buy for the long term: CLSA's Chris Wood

Analysts see no respite for NBFCs at the bourses in the near-term

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BSE Midcap, Smallcap index at fresh 52-week low; Infibeam Avenues tanks 58%

IIFL Holdings, Motilal Oswal Fin, PNB Housing, Reliance Capital, Reliance Infra, Edelweiss Financial and Supreme Industries were among 193 stocks from the midcap and smallcap indices hit 52-week lows.

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IL&FS jumps by record in dim sum bond mkt on hope of shareholders' support

IL&FS Transportation Networks' dim sum bond rose about 1 point to 49.1 on Friday

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Ircon International settles 13% below its issue price on debut

The stock settled at Rs 412.95, 13% below its issue price of Rs 475 per share on the NSE.

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No advisory issued to MFs to disclose exposure to Indiabulls, DHFL: Sebi

Capital market regulator Sebi Friday said it has not issued any advisory to mutual funds against rolling over of their current exposure to Indiabulls Housing Finance and Dewan Housing Finance. "It has been reported in certain sections of the media that Sebi has advised mutual funds not to roll over their current exposure to Indiabulls Housing Finance and Dewan Housing. It is clarified that Sebi has not issued any such advisory," the regulator said in a statement. The clarification follows Sebi seeking details from mutual funds about their exposure to all NBFCs and housing finance companies, amid concerns over liquidity in the system, according to sources. In recent days, shares of non-banking financial companies (NBFCs) and housing finance companies have taken a beating against the backdrop of IL&FS group entity defaulting on its debt obligations, triggering fears of liquidity crunch. The Securities and Exchange Board of India (Sebi) has sent letters to mutual funds seek…

MARKET WRAP: Indices end lower, Nifty settles at 10,930; YES Bank falls 10%

In broader markets, the S&P BSE MidCap fell 1.6 per cent to settle at 14,763, while the S&P BSE SmallCap declined 3.4 per cent to end at 14,431.

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IL&FS crisis: India's busted Macquarie clone must go under the knife

The institution that made a business of exploiting India's desperation for funds, is now seeking to protect its assets from unpaid creditors trying to push it into bankruptcy

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Vikram Pandit and JM Financial's realty venture receives more funds

The fund raising, which comes at a time the NBFC sector is going through turmoil, will give comfort to investors and may help in improving the sentiment

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Today's picks: From TCS to Tata Motors, hot stocks to watch on Friday

For TCS, keep a stop at Rs 2,170 and go long. Add to the position between Rs 2,210 and Rs 2,215

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Sensex, Nifty fall as RBI and govt measures fail to cheer investors

Most global markets, too, were down as investors digested the likelihood of more Federal Reserve interest-rate increases stretching into next year

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IGPC for responsible sourcing of gold in India through certification

A gold monetisation scheme has been suggested as a better solution by the Centre

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Nifty, Bank Nifty rollovers dip as markets slump

Overall, market rollovers were in line with recent months at 86%

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Aavas Financiers to Garden Reach, volatility spike takes a toll on IPOs

Aavas's Rs 17.3-bn IPO fails to garner full subscription a day after PSU firm Garden Reach extends closing date

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Accenture Plc's fourth-quarter revenue and profit beats Wall St estimates

Accenture has spent about $3.4 bn over last three years - nearly half of it in fiscal 2017 - on 70 acquisitions, to boost its digital, cloud services in order to compete better with Cognizant, IBM

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BSE Smallcap index hits 52-week low; down 13% in September

Indiabulls Real Estate, Sadbhav Engg, Can Fin Homes, JM Financial, Srei Infra Finance, Thangamayil Jewellery, Jet Airways, Dhampur Sugar Mills and Avadh Sugar have fallen more than 5% on the BSE.

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Indian realty market to become third largest, touch $1 tn by 2030: Survey

According to the report the private equity investments in Indian real estate improved 15 per cent year-on-year in January-March 2018 reaching $3 billion

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Brexit plan critics are playing politics, says Theresa May

The PM insists her approach is the only one that can deliver, while Boris Johnson calls it "deranged".

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Indonesia earthquake: Huge surge in death toll

At least 832 people died in the earthquake and tsunami that hit Indonesia, emergency officials say.

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Russian spy poisoning: Woman 'identifies' suspect as Anatoliy Chepiga

A woman in the Russian village of Beryozovka tells the BBC she recognises the Salisbury suspect.

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Brett Kavanaugh: FBI contacts Deborah Ramirez for interview

Agents investigating the US Supreme Court nominee approach Deborah Ramirez for an interview.

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Desert Island Discs: Tom Daley felt 'inferior' over sexuality

The Olympic diver also reveals becoming a parent has made him care less about winning Olympic gold.

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Kanye West: Rapper changes his name to Ye

The rapper posted on Twitter: "The being formally [sic] known as Kanye West. I am YE."

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Elon Musk reaches deal over tweets about taking Tesla private

Elon Musk reaches a deal with US regulators over tweets he sent about taking Tesla private.

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Trump on Kim Jong-un: 'We fell in love'

The US president told a rally that the North Korean leader had sent him "beautiful" letters.

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Three in five British adults say miracles are possible

A survey commissioned for BBC Local Radio also suggests 43% of UK adults have prayed for a miracle.

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Protesters throw paint at police in Barcelona

Several people were injured as those for and against Catalan independence clashed in the city.

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Ryder Cup: Europe lead United States 10-6 after day two at Le Golf National

Europe need 4½ points to win the Ryder Cup after opening up a 10-6 lead over the United States at Le Golf National on day two in France.

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Cambridge University completes restoration of gatehouse

A faded gatehouse which dates back to the 16th Century is given a makeover.

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The Papers: 'Boris vs May' and 'disgraceful' data breach

The papers focus on the Conservative Party's division and announcements, ahead of its conference.

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Special words that don't exist in English (yet)

Some languages have words and phrases that English speakers never knew they needed.

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The rise of retro filmmaking and resurgence of Super 8

Super 8 enjoys a huge resurgence as filmmakers ditch digital in favour of the original film format.

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Why are Hong Kong domestic workers practising their dance moves?

Why a domestic worker in Hong Kong takes part in beauty contests

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A wig changed my life and gave me confidence back

Most young men suffering hair loss chose to have transplants, some have a different solution.

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Gamers meet in real life at bedside of terminally-ill friend

Six online gamers meet for the first time in person to support their terminally-ill friend - years after their friendships began.

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The truth behind my fried chicken

Fried chicken lover Hezron Springer finds out how some of the millions of birds reach our plates.

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Has 'dieting' become a dirty word?

"Wellness", not dieting, is the new buzzword when it comes to losing weight, but is it the right approach?

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Rudolf Nureyev: How the dance legend continues to inspire

The Russian ballet legend became a star in 1961 but a new film shows how his skill and legacy live on.

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India airports: Has PM Modi built more than others?

The Indian prime minister says he's built more airports than previous governments - has he?

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Ty Hafan: Dad's group tackling tragedy and mountains together

The 100-strong support group hopes to help and inspire other dads whose children have life limiting conditions.

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Ryder Cup 2018: Where will the winning points come from? Singles draw & form

Where will the winning Ryder Cup points come from? Sunday singles draw, form guide and results from Europe v US at Le Golf National, Paris.

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Man Utd: Decision to be made after West Ham defeat - Rio Ferdinand

Manchester United "have big decisions" to make about the future of manager Jose Mourinho, says former defender Rio Ferdinand.

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Lewis Hamilton team orders? All you need to know about Russia

Mercedes new aero package shocks Ferrari, but all is not lost in Russia - there's a first corner, and some politics, to navigate.

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Daniel Sturridge: Has the Liverpool forward got his mojo back?

Daniel Sturridge was playing against Chester when England beat Sweden at the World Cup but the striker appears to have rediscovered his best form at Liverpool.

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Chelsea 1-1 Liverpool: Sarri backs his team for Champions League spot

Chelsea manager Maurizio Sarri believes his side are "closer than I thought" to Liverpool after a 1-1 draw at Stamford Bridge.

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CIFA Recruitment 2018 – Walk in for Young Professional-II Posts

Central Institute of Freshwater Aquaculture (CIFA) recruits 02 Young Professional II Posts. Candidates with B.Tech (Electrical Engg), M.F.Sc, PG can walk in on 10-10-2018. Read More

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HAL Recruitment 2018 – Technician Posts

Hindustan Aeronautics Ltd (HAL) recruits 02 Technician (Fitter), Technician (Turner) Posts. Candidates with 10th Class, ITI can apply online from 26-09-2018 10-10-2018. Read More

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Calcutta High Court Recruitment 2018 – Apply Online for 221 Group D Posts

Calcutta High Court recruits 221 Group D Posts. Candidates with VIII class can apply online from 28-09-2018 to 29-10-2018. Read More

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INMAS Recruitment 2018 – RA & JRF Posts

Institute of Nuclear Medicine and Allied Sciences (INMAS), Delhi recruits 11 RA & JRF Posts. Candidates with M.Sc, Ph.D can apply within 04 Weeks from the date of advt. Read More

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BPCL Recruitment 2018 – Apply Online for Craftsman & Process Technician Posts

Bharat Petroleum Corporation Limited (BPCL) recruits 25 Craftsman & Process Technician Posts. Candidates with Diploma (Relevant Engg Discipline) can apply online from 29-09-2018 to 14-10-2018. Read More

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UPSC 2018 – Apply Online for Engineering Services (Prelims) Exam 2019

Union Public Service Commission (UPSC) recruits 581 posts of Engineering Services Prelims Exam 2019. Candidates with Diploma, Degree (Engg), PG can apply online from 26-09-2018 to 22-10-2018. Read More

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Federal Bank 2018 – Officer & Clerk Admit Card Download

Federal Bank recruits Officer & Clerk Posts. Sort listed candidates can download call letter for GD & Personnel Interview. Read More

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FPI outflow at 4-month high of Rs 210 bn in Sept on widening CAD, trade war

FPIs never fully returned to the Indian equity markets after pulling out net assets worth Rs 610 bn during the quarter ended June 2018

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RBI policy, macro data, rupee trend key for stock markets this week

At its previous monetary policy meeting in August, the Reserve Bank raised the benchmark interest rate by 25 basis points to 6.50 per cent on inflationary concerns

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Govt plans to bring in stricter disclosure norms for independent directors

Govt is also working to ensure that individuals have a certain basic qualification to be eligible for independent directorship

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Four of 10 most-valued firms add Rs 769.60 bn in m-cap, TCS gains most

The cumulative gains of TCS, RIL, HDFC Bank and Infosys were higher than the total loss suffered by the six firms which stood at Rs 537.68 billion

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13 Indian banks lost out about 40 mn pounds in Force India sale: Bidder

Uralkali launched legal proceedings against administrators FRP Advisory to claim "tens of millions of dollars" in damages over the alleged "prejudicial and unequal treatment" in the bidding process

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Trump praises 'beautiful letters' from Kim Jong Un, says 'fell in love'

Trump at UNGA sounded optimistic about prospects for a second summit between the two leaders "fairly quickly"

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UK activists plan protest over Tuticorin violence at Vedanta's final AGM

Vedanta Resources chairman Anil Agarwal is set to take the LSE-listed company private from Monday

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Indian Navy needs minesweeper ships urgently as only 2 left: Top officer

Minesweepers are small naval warships that detect and destroy underwater mines and are considered vital for keeping the critical sea lanes safe

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CPEC: Debt trap fears cool Pak's enthusiasm as it rethinks Chinese projects

Pakistan's new government had wanted to review all BRI contracts. Officials say there are concerns the deals were badly negotiated

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Pak's remarks on Peshawar attack dishonour memory of children killed: India

Pakistan had said it will never forget the mass murder of more than 150 children in the Peshawar school that have links with terrorists supported by India

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Typhoon Trami injures 45, direct hit on Japan mainland expected

Typhoon Trami has already sparked travel disruption in the world's third-biggest economy, with bullet train services in the west of Japan suspended and almost 1,000 flights cancelled

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Indonesia quake-tsunami: Death toll reaches 420, survivors turn rescuers

At least 540 people had been badly injured, an agency spokesman said, as hospitals struggled to cope with the influx of casualties

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A hat-trick of normal monsoons that missed Gujarat, Punjab and Haryana

Final DRIP scores for the season continued to highlight the strain in Gujarat, West Bengal, Bihar, Rajasthan, Andhra Pradesh and Maharashtra

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Metro Cash and Carry plans to take ecommerce route for kirana stores

Over the last six months, the company has changed its strategy to digitise the operations of its customer base

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After RBI notice, Bandhan Bank lists options to cut promoters' shareholding

On Friday, RBI withdrew the "general" permission given to Bandhan Bank to open branches and froze the remuneration of its MD and CEO for not reducing its promoter's stake

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No decision on IL&FS liquidity infusion yet; board plans restructuring

Board appoints Alvarez & Marsal to prepare recast plan for the group

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From tech to healthcare firms, 9 successful resolutions before Apollo Tyres

All the other companies in the sample managed to successfully pass resolutions on related parties in key management positions

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You can mitigate domestic risks by investing abroad, here's how

Open a low-cost international broking account and invest in low-cost international exchange-traded funds

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With sheer will, this duo is transforming lives of women in rural India

An ambitious civil society initiative is trying to plug the state's failure in some of the most backward parts of the country

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'The Truth About Killer Robots' explores how robots can take our jobs

New York-based filmmaker Maxim Pozdorovkin's documentary also examines the economic consequences of robotic intrusions, one that could be especially relevant in countries like India

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Boy on a trip from Kanyakumari to Kargil to connect with country's IT geeks

By the end of October, the firm hopes to have 1,440 freelancers based out of 36 communities. Each community has 40 members

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For Xerox, services overtakes products as the company's India biz grows

Much of the change in the business model has come from businesses cutting down printing requirements due to cost concerns, environmental efficiency, as well as overall security

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NYSE-listed IT giant DXC sets up its first global analytics unit in India

The Analytics Migration Factory that has been set up in Bengaluru will support Microsoft Azure

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How 'Lattu' is trying to save a unique but dying craft of Varanasi

How do you preserve a craft? By reinventing its applications and without changing the techniques of a craft that has been refined and perfected for over 2,000 years

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Citing China & Japan, ONGC Videsh seeks sovereign fund for foreign buys

The overseas subsidiary of Oil and Natural Gas Corporation (ONGC) has submitted the proposal to the petroleum ministry

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Tesla, Elon Musk settle gov't suit for $40 mn; Musk to stay CEO

The settlement allows Musk to remain CEO of the electric car company but requires him to relinquish his role as chairman for at least three years

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Oil sales to India will continue despite US sanctions, says Iran FM

India has not yet decided whether to completely stop purchasing Iran's oil despite its already reduced imports

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If India ventures across LoC, it will evoke matching response: Pak at UNGA

Pakistan's Foreign Minister Shah Mehmood Qureshi said Islamabad wanted a relationship with New Delhi based on 'sovereign equality and mutual respect'

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News digest: No decision on IL&FS liquidity, below normal rainfall and more

From IL&FS board appointing Alvarez & Marsal to prepare a plan for the group to Bandhan Bank listing options to cut promoters' shareholding, BS brings you up to date with latest news

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Will look into m-cap rout, Infibeam assures shareholders in AGM

According to people who attended the AGM, shareholders, too, refrained from raising questions over how the listed company lost 70 per cent of its market value on a single day after a WhatsApp message

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The Sunday night drama plugging the gap left by Bodyguard

How a stressful long haul flight with a newborn inspired BBC One's new psychological thriller, The Cry.

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Why are dusters often yellow?

The humble duster is a familiar household object but why are they often yellow?

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Astrid Holleeder: Why I betrayed my crime boss brother

The sister of the Netherlands' most notorious gangster risked her life by giving evidence against him.

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High street crisis: Charting how we spend our money

As more retailers are running into trouble, BBC News asks if the way we spend our money has shifted.

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Why doesn't prison work for women?

What is being done to improve outcomes for women offenders?

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Why is France's Macron talking tough on Brexit?

The French president has called some pro-Brexit politicians "liars"

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Christine Blasey Ford's testimony through the eyes of a survivor

How author and sexual assault survivor Liz Spikol saw Christine Blasey Ford's testimony.

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Anti-Semitism row: How has it affected Labour's support?

Accusations of anti-Semitism could have cost Labour in key areas, a study suggests.

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'The facial reconstruction that changed my life'

Jen Taylor underwent 16 hours of surgery, which she struggles to believe she survived.

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Why US top court is so much more political than UK's

The current partisan split at the US top court is unprecedented and likely to stay, experts say.

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Losing friends, moving home and being broke - life after university

The transition from university to working life can impact on your self-esteem and here's why.

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Women Are Watching

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