Companies Industries Market

Post air attack tension escalates amongst neighbours BSE nosedive 240 points

The benchmark indices trimmed most of the morning losses to end lower on Tuesday. In a knee-jerk reaction, the benchmark indices lost ground in intra-day trade, after the Indian Air Force (IAF) on Tuesday destroyed a major terrorist camp in Pakistan.   The S&P BSE Sensex ended at 35,974, down 240 points or 0.66 per Read More…

Companies Industries Market Travel

Government Airports goes private and Adani group picks 5 out of 6

The Gautam Adani-promoted Adani Group won a contract for the privatisation and operation of five out of six government airports in the country.   The government had put six Airports Authority of India (AAI) airports Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru, Jaipur and Guwahati for privatisation under the PPP model.   Of these, Adani was declared highest Read More…

Industries Opinion Politics

Fake news : 40% of the respondents believed in ‘misinformation’ received over social media

People below the age of 20 and above the age of 50 are more likely to believe fake news and those relatively new to use of internet still do not grasp the concept of fake information over these platforms, reveals a new survey ‘Countering Misinformation (Fake News) in India’ that has been conducted jointly by Read More…

Business Companies Legal

CBI issues LOC against Kochhars

The Central Bureau of Investigation (CBI) has issued lookout circulars (LOCs) against former ICICI Bank’s Managing Director and Chief Executive Officer Chanda Kochhar, her husband Deepak Kochhar and Videocon Group’s Managing Director Venugopal Dhoot, an official said on Friday.   The development comes weeks after the Enforcement Directorate (ED) registered a criminal case against them Read More…

Companies Legal

Modi government only made in France decision doesn’t impress HAL

The Bengaluru-based defence PSU Hindustan Aeronautics limited will not be interested in the Rafale project anymore in the current phase, according to a top company official.   “As of now, it is about direct purchase. So it’s nothing like that there is manufacturing involved in it. That is the reason we are not interested in Read More…

Asia Industries Market Politics

After generous offers to Pakistan Saudi Arabia’s Crown Prince lands in India

Saudi Arabia’s Crown Prince Mohammad bin Salman, after visiting Pakistan, arrived in India on Tuesday.   The crown prince was received at the airport by Prime Minister Narendra Modi, signifying the importance India attaches to the visit by the leader of the powerful Gulf nation.   In a tweet, PM Modi said that India is Read More…

Industries Market

Land is State Rights voice made Jaitley call off GST meeting

A crucial meeting of GST Council, called to discuss rationalisation of tax rates on real estate, remained inconclusive on Wednesday after certain Opposition-ruled states objected to the idea of a meeting through video conferencing.   Finance Minister Arun Jaitley, who chaired the meeting, taken back foot of the development and made a brief appearance to Read More…