L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
Gold hovers near three-week high as equities slip
Gold held close to its highest level in nearly three weeks on Monday, boosted by safe-haven demand after the Federal Reserve’s move last week to leave US interest rates unchanged weighed on global equities. Spot gold was steady at $1,138.90 an ounce by 0640 GMT, after gaining 3% in the... read more »
Foodies beware! Junk food could make you ‘depressed’
If you love gorging on fast food, chances are that you might end up being depressed, claims a new study. San Diego State University researchers analysed almost 5000 individuals’ trans... read more »
America’s new military strategy singles out states like China and Russia as aggressive and...
A sombre report released Wednesday by General Martin Dempsey, the chairman of the Joint Chiefs of Staff, warns of a “low but growing” probability of the United States fighting a war... read more »
Twin blasts kill 10 in northeast Nigeria
Two suicide bomb blasts along a highway in northeast Nigeria killed at least 10 people on Thursday afternoon, state police said, the latest in a string of almost daily attacks by suspected... read more »
Turkish PM denies plans for imminent intervention in Syria
Turkey has no plans to intervene militarily in Syria anytime soon, Prime Minister Ahmet Davutoglu said, refuting media speculation about an imminent operation to create a buffer zone along... read more »
Imran Khan slams Punjab Govt. over arrest of his nephews
Pakistan Tehreek-i-Insaf (PTI) chief Imran Khan has lashed out at the Punjab Government over the recent arrest of two of his nephews and alleged that the incident was arranged. According to Dawn... read more »
