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 »
Defence veterans end fast-unto-death, protests to continue
Defence veterans, who were on fast-unto-death, on Sunday called off their hunger strike following a clarification from Prime Minister Narendra Modi on the voluntary retirement issue, a day after Defence Minister Manohar Parrikar announced the implementation of One Rank One Pension on Saturday. The... read more »
Migrant crisis: Germany to release funds to help regions cope
Germany’s coalition government has agreed to spend 6bn euros (£4.4m) to support record numbers of migrants and other measures to deal with the influx. Critics at home have accused Chancellor Angela Merkel of creating a dangerous precedent by opening Germany’s borders. About 18,000... read more »
Donna Karan resigns from her fashion house as chief executive
Renowned American designer Donna Karan has withdrawn her name as a chief executive from her company Donna Karan International (DKI). Donna Karan New York (DKNY) owner said that after... read more »
How exercise can keep your brain `young` while you age
In a new study, researchers have shown that endurance exercise may help prevent cognitive decline, keeping your brain working fully as you age. University of Texas researchers attempted to... read more »
IAEA chief to have talks in Iran: Diplomatic sources
Make-or-break nuclear negotiations ramped up a gear Wednesday with the head of the UN nuclear watchdog set to fly to Iran for talks after the deadline to reach a deal was extended.EU... read more »
Islamic State attacks kill at least 15 soldiers in Egypt`s Sinai
A wave of attacks in Egypt`s Sinai Peninsula claimed by the Islamic State group killed at least 15 soldiers Wednesday, with the toll expected to rise as troops fought a running battle with... read more »
Jeb Bush worth USD 22 million
Former Florida Governor and the brother of former United States President George W. Bush, Jeb Bush, is reportedly worth as much as USD 22 million. Bush, who launched his presidential bid last month,... read more »
