Toshiba logs $317.7 million net loss in FY 2014
Japan’s Toshiba Corporation logged 37.83 billion yen (about $317.7 million) group net loss for the past fiscal year through March due to asset impairment charges and other losses, local media reported on Monday. The high-tech giant had planned to release earnings on August 31, however, a... read more »
Crude oil slump hits Indian shores
The plunge in global oil prices may have brought cheer to consumers, but it is hurting the companies involved in oil exploration and production locally. Cairn India, country’s second-largest private sector oil & gas explorer, has de-hired majority of its developmental oil rigs from its... read more »
IndusInd Bank up over 2% as RBI allows FIIs to buy shares
Shares of IndusInd Bank on Monday surged over 2 percent in morning trade on the bourses after the Reserve Bank on Friday removed the lender from its caution list. RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further... read more »
Diageo may not recover Rs 900 cr loan from Vijay Mallya co
Global spirits giant Diageo has said it may not be able to fully recover a loan of USD 135 million given to Vijay Mallya-affiliated Watson by Standard Chartered Bank where it had acted as a guarantor in case it is asked to pay up. The world’s largest spirits maker, Diageo, which acquired... read more »
Haldiram products under scanner!
Maharashtra government today asked its health regulator to check samples of Haldiram’s packaged snacks to find if they are fit for human consumption. Food and Drug Administration (FDA)... read more »
Amarnath pilgrims stranded on Jammu-Srinagar National Highway
Rains played havoc on Thursday and led to several landslides stranding Amarnath pilgrims, travelling to Kashmir, on Jammu-Srinagar National Highway. In precautionary measures, the highway... read more »
Poor sanitation practices leads to unfavorable pregnancy outcomes in India!
Indian ladies suffer majorly during pregnancy! Besides household chores and other responsibilities there are several other reasons which hamper the growth of a child in India during... read more »
FSSAI to review caffeine standards in beverages
Food safety regulator FSSAI has decided to review caffeine standards in caffeinated and energy drinks and is looking for an agency to study the consumption pattern in the... read more »
Heart scan can predict premature death risk
A scan of calcium deposits inside the arteries can identify those at risk of dying over the next 15 years, a new study has found. A coronary artery calcification (CAC) scan is an X-ray test that... read more »
