Monnet Ispat & Energy rebounds from 3-month lows on plans to take meas...
Monnet Ispat & Energy, a steel maker, rebounded from 3-month lows on news that the company may sell off stakes in units in a bid to cut down on debt payments. Monnet said it was in talks with larger rival Bhushan Steel to exit its 35 percent stake in Orissa Sponge Iron & Steel Ltd., which... read more »
Toyota to buy 13 mn air-bag inflators from Takata rival
Toyota Motor Corp, in a bid to reduce its risk from potentially lethal air-bag inflators supplied by Takata Corp, will buy millions of them from smaller parts maker Nippon Kayaku Co, people familiar with the matter said. The Japanese carmaker asked the second-tier supplier last month to increase... read more »
Volkswagen India shipments to Mexico cross 1-lakh units
Carmaker Volkswagen India on Wednesday said it has crossed a milestone of exporting one lakh cars to Mexico in less than two years of starting shipments. Volkswagen India shipped its 1,00,000th car built for Mexico today, the company said in a statement. “The production facility of Volkswagen... read more »
Infosys up 1.5%, Aikido to help achieve $20bn revenue
Shares of Infosys gained 1.5 percent intraday Friday in an otherwise weak market. Sharp fall in rupee and launch of three new service offerings on Thursday drove the stock higher. The country’s largest software services exporter launched Aikido, three next-generation services in design... read more »
Hope NBA draft helps cricket-mad India take to basketball: Satnam
After becoming the first Indian-born player to be picked in the NBA, Satnam Singh Bhamara hopes his selection in the US-based league will kickstart a basketball boom in cricket-obsessed... read more »
Sri Lanka: le président Maithripala Sirisena dissout le Parlement
Le président sri lankais a annoncé ce vendredi soir la dissolution du Parlement, une mesure attendue depuis plusieurs mois. Maithripala Sirisena, élu en janvier dernier, n’avait en... read more »
Vatican recognises state of Palestine; Israel irked
Israel expressed disappointment when the Vatican announced last month that it had reached final agreement with the “State of Palestine” on the treaty. The Vatican signed a... read more »
CBI interrogated Sooraj Pancholi
CBI interrogated Sooraj Pancholi in Jiah Khan’s suicide case. Aditya Pancholi was examined on May 13, when CBI carried a search operation at his residence. During the searches, CBI... read more »
Amid Lalit Modi Controversy, Vasundhara Raje Reaches Delhi for NI...
Embattled Rajasthan Chief Minister Vasundhara Raje has reahced Delhi, to attend a NITI Aayog meeting. She is also likely to meet top BJP leaders even as opposition clamour continues for her... read more »
