Wednesday, October 16, 2019
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NEWS
BUSINESS

ED attaches assets worth Rs 3,830 cr in PMC fraud case
New Delhi | Tuesday, 2019 1:45:05 AM IST
The Enforcement Directorate (ED) on Monday said that it has seized and identified assets worth Rs 3,830 crore owned by Directors and Promoters of the Housing Development and Infrastructure Limited (HDIL), Punjab and Maharashtra Bank (PMC) officials and ot ... read..


Moody's downgrades Indiabulls after RBI's merger rejection
| Tuesday, 2019 1:45:05 AM IST
Global credit rating agency Moody's has downgraded the corporate family rating (CFR) and the foreign-currency senior secured rating of Indiabulls Housing Finance Limited to B2 from Ba2, after the Reserve Bank of India rejected its proposed merger with Lak ... read..


NCLAT asks ED to release Bhushan Power's attached property
New Delhi | Monday, 2019 11:45:05 PM IST
The National Company Law Appellate Tribunal (NCLAT) on Monday put JSW Steels Rs 19,700 crore payment to acquire Bhushan Power and Steel (BPSL) on hold and asked the Enforcement Directorate (ED) to release the BPSL's attached properties. ... read..


Higher food prices lift India's Sept retail inflation to 3.99%
New Delhi | Monday, 2019 11:45:05 PM IST
Higher food prices lifted India's September retail inflation to 3.99 per cent from 3.28 per cent in August, official data showed on Monday. ... read..


Banks for adding investment-grade NBFCs in guarantee scheme
New Delhi | Monday, 2019 11:45:05 PM IST
Bankers on Monday suggested to Finance Minister Nirmala Sitharaman that those NBFCs having investment grade ratings but with AA rated assets be included in the partial credit guarantee scheme for NBFCs to provide them liquidity. ... read..


Sensex ends tad higher, IRCTC doubles gain on issue price (Lead)
Mumbai | Monday, 2019 11:15:05 PM IST
Indian equity markets surrendered early gains to end marginally higher on Monday amid a weak growth outlook and trade related optimism in global markets. ... read..


PSBs disbursed Rs 82K cr retail loans in 9 days: FM
New Delhi | Monday, 2019 10:45:05 PM IST
Finance Minister Nirmala Sitharaman on Monday said PSBs have disbursed about Rs 82,000 crore in the nine-day outreach programme to push up retail credit and banks have witnessed robust demand during that period and she has asked the banks to look at the s ... read..


Cement foundation's major water resource management in Rajasthan
Jaipur | Monday, 2019 9:45:05 PM IST
The Ambuja Cement Foundation (ACF), which recently bagged the annual National Water Mission Awards by the Centre, has scripted many success stories in Rajasthan in the field of water resource management. ... read..


Indian-origin Abhijit Banerjee wins Nobel Prize in Economics for study on poverty
Stockholm | Monday, 2019 9:45:05 PM IST
The 2019 Sveriges Riksbank Prize in Economic Sciences has been awarded to Indian-origin MIT professor Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty", it was announced on Monday. ... read..


Staff strike for wage revision grounds HAL operations
Bengaluru | Monday, 2019 9:15:05 PM IST
An indefinite strike by about 20,000 employees of the Hindustan Aeronautics Ltd (HAL) for wage revision on Monday grounded the operations of the state-run defence behemoth across the country, a union official said. ... read..


Deming journey led to zero warranty claims: Siemens Gamesa
Chennai | Monday, 2019 8:45:05 PM IST
City based Siemens Gamesa Renewable Power Private Ltd (SGRP), the first wind turbine company in the world to win the prestigious Deming award, faced the challenge of not having any ready toolkit to adapt from unlike the automobile industries, said a top c ... read..


IRCTC makes splash on debut, doubles issue price (Lead)
Mumbai | Monday, 2019 8:15:05 PM IST
The Indian Railway Catering and Tourism Corporation made a strong debut on the exchanges on Monday. The Railway catering company almost doubled its issue price of Rs 320 during the early trade. ... read..


IIT-M, ExxonMobil Research join hands for biofuel research
Chennai | Monday, 2019 7:45:05 PM IST
The Indian Institute of Technology-Madras (IITM) on Monday said it has entered into an agreement with ExxonMobil Research and Engineering Company (EMRE) for research on energy and biofuels. ... read..


Winter at Tantora Festival tickets now on Sale
| October 14, 2019 7:41:45 PM IST
Mumbai (Maharashtra) [India] Oct 14 (ANI/NewsVoir): Winter at Tantora, the international festival celebrating art, music, culture and history, set amidst the timeless landscape of AlUla, will welcome back Tuscan tenor, Andrea Bocelli, who will make his se ... read..


Embassy's Prodigy Fouaad Mirza wins Gold Astride his New Horse Dajara
| October 14, 2019 7:41:42 PM IST
Bengaluru (Karnataka) [India] Oct 14(ANI/BusinessWire India): Fouaad Mirza, Arjuna Award winner and Asian Games Silver medalist from Embassy International Riding School, secured Gold in the CCI3*S, in Strzegom, Poland yesterday astride his new horse 'Daja ... read..


NCLAT stays proceedings in Raheja Developers insolvency case, reserves order
| October 14, 2019 7:41:40 PM IST
New Delhi [India] Oct 14(ANI/BusinessWire India): In a relief to Delhi based Raheja Developers Ltd, National Company Law Appellate Tribunal (NCLAT) has reserved its order in the case of insolvency proceedings and ordered a stay on Publication of Notices, ... read..


Arm enables custom instructions for Embedded CPUs
| October 14, 2019 7:41:33 PM IST
Bengaluru (Karnataka) [India] Oct 14(ANI/BusinessWire India): Last week at Arm TechCon 2019, Arm CEO Simon Segars announced Arm Custom Instructions, a new feature for the Armv8-M architecture. ... read..


Sensex extends early gains, up 225 points
Mumbai | Monday, 2019 7:15:06 PM IST
Sensex gained 225 points during the afternoon trade session on Monday following supportive global markets after US President Donald Trump said in a tweet that China will "immediately start buying" US agricultural products. ... read..


Retail inflation rises to 3.99 pc in September due to costlier food items
New Delhi | October 14, 2019 7:11:40 PM IST
The retail inflation in September rose to 3.99 per cent due to higher prices of food items, the government data showed on Monday. ... read..


Cheaper fuel, food cost eases Sep WPI to 0.33% (Second Lead)
New Delhi | Monday, 2019 6:45:05 PM IST
Lower prices of key transportation fuels along with those of manufactured products eased India's annual rate of inflation based on wholesale prices to 0.33 per cent in September from 1.08 per cent in August. ... read..


TCS named India's overall most outstanding company in Asiamoney's 2019 poll
| October 14, 2019 6:41:57 PM IST
Tata Consultancy Services (TCS) said on Monday it has been voted as the overall most outstanding company in India and the most outstanding company in India's IT services sector in Asiamoney's 2019 Asia's outstanding companies poll. ... read..


Ready to manufacture 5G radios in India: Ericsson
New Delhi | Monday, 2019 6:15:06 PM IST
Swedish telecom gear maker Ericsson is ready to "switch on" the manufacture of 5G radios in India, a top company official said here on Monday. ... read..


Rakesh Mittal lays out telcos' pains, says market still sustainable
New Delhi | Monday, 2019 6:15:06 PM IST
Sharing the dais with Communications Minister Ravi Shankar Prasad, Bharti Enterprises Vice-Chairman Rakesh Bharti Mittal on Monday outlined the issues plaguing the Telecom sector and said high capital expenditure and right of way (RoW) issues created hur ... read..


FM to seek bank data on NBFC liquidity, retail credit
New Delhi | Monday, 2019 5:45:05 PM IST
NBFCs liquidity requirements and retail lendings as well as poor credit offtake to corporates by public lenders will figure as the main discussion in the Finance Minister Nirmala Sitharaman's meeting with the government owned banks on Monday where she wil ... read..


Arm and Silicon Partners collaborate on IoT Development through new Mbed OS Partner Governance Model
| October 14, 2019 5:41:52 PM IST
Bengaluru (Karnataka) [India] Oct 14 (ANI/BusinessWire India): For nearly 30 years the Arm ecosystem of more than 1,000 partners collaborated thanks to an underlying shared success model to deliver more than 150 billion chips. ... read..


Industry Alliance AARC to increase recycling of paper-based cartons by 20 percent, expand collection footprint to 35 Cities
| October 14, 2019 5:41:48 PM IST
Gurugram (Haryana) [India] Oct 14 (ANI/BusinessWire India): Tetra Pak India, the leading paper-based packaging and processing solutions provider today organized the 6th edition of its National Recycling Partners Meet in Gurugram, bringing together over 40 ... read..


Why now is the right time to invest in Bajaj Finance Fixed Deposit
| October 14, 2019 5:41:45 PM IST
Pune (Maharashtra) [India] Oct 14 (ANI/BusinessWire India): Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv, offers fixed deposit investments for those looking to grow their wealth reliably this festive season. ... read..


Hindustan Lever Q2 net profit up 21 pc to Rs 1,848 crore
Mumbai (Maharashtra) | October 14, 2019 5:41:40 PM IST
FMCG major Hindustan Unilever Ltd (HUL) on Monday posted net profit of Rs 1,848 crore during the July to September quarter, up 21 per cent year-on-year. ... read..


Stocks wipe out early gains but end in green, Nifty closes at 11,330
Mumbai (Maharashtra) | October 14, 2019 5:11:53 PM IST
Equity benchmark indices shaved off intraday gains on Monday but ended marginally higher after a choppy trading session. ... read..


Annamrita - serving food that nourishes the Soul
| October 14, 2019 5:11:50 PM IST
Gurugram (Haryana) [India] Oct 14 (ANI/NewsVoir): Annamrita Foundation having its Megakitchen in, Pace city-II, sector-37, aims at providing healthy and hygienic mid-day meals to children all over the Gurugram District to more than 76,000 children daily. ... read..


Gender Inclusivity and 'IAMKHADI' - Ample Missiion takes the Fashion Route
| October 14, 2019 5:11:42 PM IST
Mumbai (Maharashtra) [India] Oct 14 (ANI/NewsVoir): 11th October was marked as an important day, as it witnessed two very important issues being addressed at two eminent platforms in a fashionable manner. ... read..


WAPCOS Limited with ILBS pledges against the menace of Hepatitis B and C
| October 14, 2019 5:11:38 PM IST
Gurugram (Haryana) [India] Oct 14 (ANI/NewsVoir): The Institute of Liver and Biliary Sciences (ILBS) in association with Water and Power Consultancy Services (WAPCOS) Limited organised 'I Pledge... (my support)' activity at WAPCOS Limited Corporate office ... read..


Kayakalp Awards: Medica Hospital bags cleanliness Award by GoI
| October 14, 2019 4:41:41 PM IST
Kolkata (West Bengal) [India] Oct 14 (ANI/BusinessWire India): Kolkata-headquartered MedicaSuperspecialty Hospital has been recognised for its dedicated efforts towards excellence in promoting cleanliness, high standards of hygiene, sanitation and infecti ... read..


LED Expo breaks records again proving growing LED Technology adoption in India
| October 14, 2019 4:41:39 PM IST
Mumbai (Maharashtra) [India] Oct 14 (ANI/BusinessWire India): With the Government's announcement of installing 2.1 lakh LED street lights in Delhi, it is a clear indication that the state capital has joined India's LED revolution in full force. ... read..


China's exports declined further in September
Beijing | Monday, 2019 4:15:06 PM IST
China's exports declined further in September, majorly due to the Asian giant's prolonged trade dispute with the US amid slowing global economic growth, official data revealed on Monday. ... read..


Banks will ensure bill discounting facility for MSMEs to ease liquidity: Sitharaman
New Delhi | October 14, 2019 4:11:32 PM IST
Finance Minister Nirmala Sitharaman said on Monday that public sector banks have sufficient liquidity and efforts are being made to ensure that due payments are released to micro, small and medium enterprises (MSMEs) sector by large corporates. ... read..


Razorpay strengthens its leadership ranks, hires new CIO and CBO
| October 14, 2019 3:11:41 PM IST
Bengaluru (Karnataka) [India] Oct 14 (ANI/NewsVoir): India's first converged payments solution company, Razorpay, today welcomed Amitabh Tewary and Rahul Kothari to its team, as their Chief Innovation Officer (CIO) and Chief Business Officer (CBO), respec ... read..


Auto Majors bet on HnS Tech's Virtual Reality and Augmented Reality apps to boost sales
| October 14, 2019 3:11:39 PM IST
Chennai (Tamil Nadu) [India] Oct 14 (ANI/NewsVoir): At a time when India's automobile sector is reeling under a severe recession, the Chennai-based HnS Technologies, a leading digital solutions provider for the automobile industry in India, is helping the ... read..


New Consortium to develop a common computing platform for Autonomous Vehicles
| October 14, 2019 3:11:37 PM IST
Bengaluru (Karnataka) [India] Oct 14 (ANI/BusinessWire India): Leading companies from the automotive and computing industries announced at last week a collaborative effort toward making fully self-driving vehicles a reality. ... read..


MIRAGGIO's ecstatic entry into the Handbag Industry
| October 14, 2019 3:11:36 PM IST
New Delhi [India] Oct 14 (ANI/BusinessWire India): Latest entrant to the handbag industry, the Milan-inspired brand, MIRAGGIO, kicks off with the launch of an exclusive women's handbag collection, pegged to freshen up the current fashion trends. ... read..


Granules India to exit from China joint venture
Hyderabad (Telangana) | October 14, 2019 2:11:51 PM IST
Granules India Ltd said on Monday it will divest its entire equity shareholding in its Chinese joint venture Granules Biocause Pharmaceuticals. ... read..


September wholesale inflation falls to a low at 0.3 pc
New Delhi | October 14, 2019 1:41:42 PM IST
The annual rate of inflation based on monthly wholesale price index (WPI) stood at 0.33 per cent for September as compared to 1.08 per cent for the previous month due to fall in prices of non-food articles, government data showed on Monday. ... read..


Faizan Kareem represents India on Climate Change Theatre Action in USA
| October 14, 2019 12:41:59 PM IST
Mumbai (Maharashtra) [India] Oct 14 (ANI/NewsVoir): The climate crisis is upon us, it is a well-known fact. ... read..


Maruti Suzuki collaborates with five startups under its MAIL programme
New Delhi | October 14, 2019 12:11:35 PM IST
Maruti Suzuki India Ltd said on Monday it has selected five startups for proof of concept (PoC) under its Mobility and Automobile Innovation Lab (MAIL) programme to help accelerate these concepts towards real-time applications. ... read..


Morepen Labs adds three new drugs - Rivaroxaban, Vildagliptin and UDCA to its API Portfolio
| October 14, 2019 12:11:31 PM IST
New Delhi [India] Oct 14(ANI/NewsVoir): Morepen Laboratories Ltd has developed and added three blockbuster drugs to its portfolio of Active Pharmaceutical Ingredients (APIs) for sale in domestic and global markets. ... read..


Equites in the green on global cues, Tata Motors up 4.5 pc
Mumbai (Maharashtra) | October 14, 2019 11:41:56 AM IST
Equity benchmark indices ruled higher during early hours on Monday following positive sentiment after US President Donald Trump outlined first phase of a deal to end the trade war with China. ... read..


French energy major Total to buy 37.4 pc stake in Adani Gas
Ahmedabad (Gujarat) | October 14, 2019 11:41:45 AM IST
In the largest foreign direct investment in city gas distribution sector by a global energy major, French multinational Total will buy 37.4 per cent stake in Adani Gas to develop multi-offerings in the Indian energy market. ... read..


Vodafone Idea and Mavenir Partner to extend network as a platform
| October 14, 2019 11:41:38 AM IST
New Delhi [India] Oct 14 (ANI/NewsVoir): Mavenir, the industry's only end-to-end cloud-native 4G and 5G network software provider for CSPs today announced the extension of its partnership with Vodafone Idea Limited (VIL), India's leading telecom operator, ... read..


IRCTC makes grand debut on bourses, doubles over issue price
Mumbai (Maharashtra) | October 14, 2019 11:41:35 AM IST
Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the online ticketing, tourism and the catering arm of railways, made a stellar debut on Monday by listing at Rs 644 on the BSE, marking a 101 per cent premium to its issue price of Rs 320 ... read..


HAL braces for staff strike over wage revision (Lead)
Bengaluru | Monday, 2019 7:15:05 AM IST
The state-run Hindustan Aeronautics Ltd (HAL) is bracing for an indefinite strike from Monday by its 20,000 employees over wage revision and other demands, a union official said on Sunday. ... read..


HAL braces for staff strike over wage revision
Bengaluru | Monday, 2019 6:15:05 AM IST
The state-run Hindustan Aeronautics Ltd (HAL) is bracing for an indefinite strike from Monday by its 20,000 employees over wage revision and other demands, a union official said on Sunday. ... read..


Vande Bharat Express delayed at Allahabad due to AC fault
Prayagraj | Monday, 2019 3:15:05 AM IST
Passengers of India's semi-high speed Vande Bharat Express between Varanasi and New Delhi had harrowing time due failure of the air conditioning system in some coaches and the train was stopped for over an hour at the Allahabad station. ... read..


'Banks may need to report HDIL's dues, provisioning status' (Lead)
New Delhi | Monday, 2019 3:15:05 AM IST
Public sector banks having fund exposure to the bankrupt real estate firm HDIL may have to classify the loans given to it as non-performing assets (NPA or bad loans) under the RBI norms, make provisions for them and report these to the exchanges, accordin ... read..


Govt e-Marketplace can become India's Amazon, says Goyal
New Delhi | Monday, 2019 3:15:05 AM IST
A futuristic plan for India's own e-commerce portal are afoot as Commerce and Industry Minister Piyush Goyal on Sunday said that he imagines the Government e-Marketplace (GeM) to become such a platform on the lines of Amazon and Flipkart to sell Indian pr ... read..


DLF launches phase 2 of 'The Ultima', bookings log Rs 700 cr
Gurugram | Monday, 2019 2:15:05 AM IST
Real estate major DLF on Sunday launched the second phase of its residential project 'The Ultima' and as per the company, the bookings have crossed Rs 700 crore. ... read..


Issues with oil companies to be resolved early: Air India
New Delhi | Monday, 2019 1:15:06 AM IST
Air India on Sunday said that the issues regarding aviation fuel payments are being sorted out with the state-run oil companies and they would be resolved early. ... read..


BPSL case: NCLAT to hear JSW Steel's immunity plea Monday
New Delhi | Sunday, 2019 11:15:05 PM IST
The National Company Law Appellate Tribunal (NCLAT) will on Monday hear JSW Steel's plea in the Bhushan Power and Steel Ltd (BPSL) case regarding immunity from criminal proceedings in the bank fraud investigation against BPSL's erstwhile promoter. ... read..


AAI to bid for Greater Noida airport, compete with partner GMR
New Delhi | Sunday, 2019 10:15:05 PM IST
State-run Airports Authority of India (AAI) and GMR group, the joint venture partners running the Delhi airport, could turn competitors as the bidding process for the Greater Noida airport begins. ... read..


After being trolled, Ravi Shankar Prasad withdraws statement
New Delhi | Sunday, 2019 9:45:05 PM IST
Under fire for citing cinema box-office collections to negate economic slowdown in the country, Union Minister Ravi Shankar Prasad on Sunday withdrew his statement and clarified that he made the comment as he was in Mumbai, which is the film capital of In ... read..


'Banks may need to report HDIL's dues, provisioning status'
New Delhi | Sunday, 2019 8:15:05 PM IST
Public sector banks having fund exposure to the bankrupt real estate firm HDIL may have to classify the loans given to it as non-performing assets (NPA or bad loans) under the RBI norms, make provisions for them and report these to the exchanges, accordin ... read..


No captive mines, future mining leases to go hybrid
New Delhi | Sunday, 2019 7:45:06 PM IST
The government plans a slew of reforms in the mining sector, including giving a big push to commercial mining to help attract investment and improve mineral production in the country. ... read..


World Bank report pegs India's FY20 growth rate at 6%
New Delhi | Sunday, 2019 7:15:05 PM IST
In a major setback for India's economic outlook, a World Bank report on Sunday estimated India's economic growth in the current fiscal at 6 per cent, lower than the Reserve Bank of India's latest revised outlook of 6.1 per cent. ... read..


In talks with IndiGo to enhance codeshare agreement: Turkish Airlines
Istanbul | Sunday, 2019 4:45:05 PM IST
Global passenger carrier Turkish Airlines wants to expand its codeshare agreement with the largest domestic player IndiGo to expand its India footprint and tap into the rising transfer passenger traffic from the country. ... read..


For Facebook, you're just a commodity in high-stake data trade
New Delhi | Sunday, 2019 4:15:05 PM IST
If you have seen the latest Netflix documentary "The Great Hack" on Cambridge Analytica (CA), a military contractor and psychological warfare firm involving a complex web of Facebook, Russian intrusion, the Trump campaign and Brexit referendum, it is time ... read..


Inflation data, Q2 results may keep equities jittery (Market Outlook)
Mumbai | Sunday, 2019 3:45:05 PM IST
Macro-economic inflation data along with the second quarter financial results are expected to turn the Indian equity markets volatile during the coming week. ... read..


DGCA expects healthy traffic growth this year: Kumar
New Delhi | Sunday, 2019 2:15:06 PM IST
Despite an economic slowdown and grounding of a major domestic carrier, the Indian aviation regulator expects a healthy rise in passenger traffic in 2019. ... read..


BJP chief to take up RCEP with govt, PM to make a call (IANS Exclusive)
New Delhi | Sunday, 2019 4:45:05 AM IST
Amid opposition to the free-trade agreement (FTA) between 16 countries, including India, by the Swadeshi Jagran Manch (SJM), the Bharatiya Janata Party (BJP) has sent a report to the party president, to be taken up with the Prime Minister. ... read..


Bank fraud case: ED attaches Rs 4,025 cr assets of BPSL
New Delhi | Saturday, 2019 11:15:06 PM IST
The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power and Steel Limited (BPSL) in a money laundering case against the firm for siphoning off funds obtained as loans from various banks and financial ins ... read..


Mehul Choksi cheated Punjab & Sind Bank of Rs 441 mn (IANS Exclusive)(Lead)
Mumbai | Saturday, 2019 8:15:06 PM IST
The public sector Punjab & Sind Bank (PSB) has revealed around Rs 441 million loan exposure to the absconding diamantaire Mehul Chinubhai Choksi, here on Saturday. ... read..


Religare Fraud: Rs 1,260 cr diverted, EOW told court
New Delhi | Saturday, 2019 7:15:05 PM IST
Rs 1,260 crore has been diverted to Malvinder Singh's firm RHC Holdings Pvt Ltd in order to square off liabilities, the Economic Offences Wing (EOW) probing the Religare Fraud Case told a Delhi Court. ... read..


Care Ratings downgrades Jain Irrigation Systems bank facilities to single D
Mumbai (Maharashtra) | October 12, 2019 6:41:39 PM IST
Jain Irrigation Systems said on Saturday that Care Ratings has downgraded its rating on bank facilities due to on-going delays in debt servicing. ... read..


Boeing strips CEO of Chairman's post
Washington | Saturday, 2019 5:15:06 PM IST
US aerospace major Boeing has stripped CEO Dennis Muilenburg of his dual role as Chairman in an unexpected shake-up at the highest ranks of the company amid the prolonged crisis of its 737 MAX aircraft that has been globally grounded following two fatal c ... read..


Vaani Kapoor unveils Julie's New Flagship Store and Gypsophila Collection
| October 12, 2019 3:11:35 PM IST
Mumbai (Maharashtra) [India] October 12 (ANI/NewsVoir): South Mumbai has a new Fashion Outpost. ... read..


Ayushmann Khurrana and Radhika Apte celebrate Diwali with the iconic link collection by Daniel Wellington
| October 12, 2019 3:11:33 PM IST
New Delhi [India] October 12 (ANI/NewsVoir): Daniel Wellington, a leading watches and accessories brand known for its contemporary and sleek design celebrated the onset of the festive season in the capital city with an exclusive Diwali party at the most i ... read..


IFFCO slashes rates of DAP, NPK fertilisers by Rs 50 per bag
New Delhi | October 12, 2019 1:41:45 PM IST
IFFCO -- the world's largest processed fertiliser cooperative -- has cut prices of its di-ammonium phosphate (DAP) and nitrogen, phosphorus, and potassium (NPK) fertilisers by Rs 50 per bag to reduce input cost for farmers. ... read..


European Union organised food and agriculture seminar in India on 10-11 October, 2019
| October 12, 2019 1:11:37 PM IST
New Delhi [India] October 12 (ANI/NewsVoir): Food production and gastronomy in Europe are based on the combination of knowledge, skills, practices and traditions bringing together farming and methods of conserving, processing, cooking, sharing and eating ... read..


ClinicSpots integrates NLP - AI to offer enhanced medical experience
| October 12, 2019 1:11:35 PM IST
Mumbai (Maharashtra) [India] October 12 (ANI/NewsVoir): Artificial Intelligence (AI) being perceived as a key for transformation of technology, even smaller companies are seen implementing machine learning within their products. ... read..


World Animal Protection screens a film to end suffering of elephants at Amer Fort
| October 12, 2019 12:41:41 PM IST
New Delhi [India] October 12 (ANI/NewsVoir): A documentary titled 'Elephants Break Too' premiered at the DLF Cyberhub on Friday. ... read..


Second Batch of advanced data science program by IMT CDL and EY to commence from October 2019
| October 12, 2019 12:41:40 PM IST
New Delhi [India] October 12 (ANI/BusinessWire India): IMT CDL and EY announced the commencement of admissions for the second batch of their sought after 'Post Graduate Program in Advanced Data Science'. ... read..


Celebrate a safe Diwali with firecracker insurance from Bajaj Finserv
| October 12, 2019 12:41:37 PM IST
Pune (Maharashtra) [India] October 12 (ANI/BusinessWire India): Children as well as adults enjoy lighting firecrackers during the festive season. ... read..


Care revises rating on LVB's commercial papers of Rs 618 crore
Mumbai (Maharashtra) | October 12, 2019 12:41:34 PM IST
Care Ratings has revised the rating of troubled private sector lender Lakshmi Vilas Bank's (LVB's) commercial papers worth Rs 618.7 crore to BB plus with negative outlook from the earlier BBB minus with developing implications. ... read..


E-commerce platforms hope to double sales in festive season
New Delhi | October 12, 2019 11:11:36 AM IST
As the festive season kicks in amid economic slowdown, e-commerce marketplaces have geared up with a focus on tier 2 and 3 cities to double their sales compared to last year. ... read..


US dollar drops on trade optimism
New York | Saturday, 2019 8:15:05 AM IST
The US dollar pulled back on Friday, as investors expected a positive result of the latest round of US-China trade talks. ... read..


Banks' credit growth rate slows to 8.8%, shows RBI data
Mumbai | Saturday, 2019 7:15:05 AM IST
Indian banks' credit growth rate, for the first time this fiscal, slowed to single digit at 8.8 per cent to Rs 97.71 lakh crore during the fortnight to September 27, according to the Reserve Bank of India supplementary data. During the same period, deposi ... read..


RBI fixes coop banks' daily reporting system post PMC fraud
Mumbai | Saturday, 2019 6:15:05 AM IST
The Reserve Bank of India on Friday has changed the daily reporting system at cooperative banks after the collapse of Punjab and Maharashtra Cooperative Bank following the unearthing of over Rs 4,000 crore fraud there. ... read..


Aug factory output at 81-month low, manufacturing shrinks (Roundup)
New Delhi | Saturday, 2019 4:45:05 AM IST
Contraction in manufacturing activity decelerated India's factory output growth to (-)1.1 per cent in August 2019 from a rise of 4.6 per cent reported in July, official data showed here on Friday. ... read..


Historic fall in India vehicles sales enters 11th month (Roundup)
New Delhi | Saturday, 2019 4:15:05 AM IST
Despite a 135 basis point interest rate cut since February and a number of measures announced by the Central government, including a sharp corporate tax cut, domestic vehicle sales plummeted for the 11th straight month in September. ... read..


Crorepati taxpayers grew 20% in AY 2018-19: Tax data
New Delhi | Saturday, 2019 3:45:05 AM IST
In what suggests growing inequality in the society with the rich getting richer, the total number of individual taxpayers filing more than Rs 1 crore income grew by 20 per cent in assessment year (AY) 2018-19 to 97,689. ... read..


Club Factory raises $100 mn in Series-D funding
New Delhi | Saturday, 2019 3:45:05 AM IST
E-commerce player Club Factory said on Friday that it has raised $100 million in a Series-D round funding led by leading venture capital firm Qiming Venture Partners. The other investors include Bertelsmann and IDG Capital. ... read..


Govt already switched Rs 40,109 cr securities in FY 20: RBI
New Delhi | Saturday, 2019 3:45:05 AM IST
The Central government has switched securities worth Rs 40,109 crore out of the budgeted Rs 50,000 crore in the current fiscal, according to the RBI. ... read..


Aug factory output slumps to 81-month low; manufacturing shrinks (Lead)
New Delhi | Saturday, 2019 2:45:06 AM IST
Contraction in manufacturing activity decelerated India's factory output growth to (-)1.1 per cent in August 2019 from a rise of 4.6 per cent reported in July, official data showed here on Friday. This is the first contraction after June 2017. ... read..


Brent jumps 2% after strike on Iran's oil tankers
New Delhi | Saturday, 2019 2:45:06 AM IST
International oil prices surged over 2 per cent after Iran claimed that its oil tankers had been struck with missiles off the coast of Saudi Arabia. ... read..


CAIT to demand audit of Amazon, Flipkart's business models
New Delhi | Saturday, 2019 2:45:06 AM IST
The Confederation of All India Traders (CAIT) will seek an independent audit of the business models of both Amazon and Flipkart on the charges of predatory pricing and deep discounting, amongst others. ... read..


DGCA issues guidelines for passenger convenience
New Delhi | Saturday, 2019 2:45:06 AM IST
The Directorate General of Civil Aviation (DGCA) on Friday issued guidelines to avoid inconvenience to passengers and said that prompt redressal of passenger complaints should be the top most priority of airlines. ... read..


I-T search on K'taka biz group detects Rs 100 cr black money
New Delhi | Saturday, 2019 2:45:06 AM IST
The Income Tax (I-T) Department has unearthed a cash for medical seat racket involving a prominent Karnataka business group and has detected undisclosed income of Rs 100 crore. ... read..


Commercial flight services commence from Hindon Airport
New Delhi | Saturday, 2019 2:45:06 AM IST
Commercial flight services commenced at the Hindon Airport in Uttar Pradesh's Ghaziabad district on Friday. ... read..


Govt will miss fiscal deficit target of 3.3%: Bibek Debroy
New Delhi | Saturday, 2019 2:15:05 AM IST
Bibek Debroy, Chairman of the Prime Minister's Economic Advisory Council, has said in an interview to Karan Thapar that the government will miss the fiscal deficit target of 3.3 per cent set in the Union Budget. ... read..


Coal despatch affected at Talcher Coalfields in Odisha
Bhubaneswar | Saturday, 2019 2:15:05 AM IST
The coal despatch has been affected due to continuous protest by locals at Balram open cast project in Talcher coalfields of Mahanadi Coalfields Limited (MCL), said a statement on Friday. ... read..


Aug factory output slumps to 81-month low; manufacturing shrinks
New Delhi | Saturday, 2019 1:15:06 AM IST
Contraction in manufacturing activity decelerated India's factory output growth to (-)1.1 per cent in August 2019 from a rise of 4.6 per cent reported in July, official data showed here on Friday. ... read..


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