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 »
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 »
Obama daughters Sasha and Malia flaunt ‘summer-perfect’ fashion
US President Barack Obama’s daughters, Sasha and Malia flaunted jet-setting summer fashion during their recent trip to Italy with their mother Michelle. The US First Lady’s teen... read more »
Badminton: Jwala-Ashwini only Indians to reach Canada Open semis
The Commonwealth Games silver medallist pair of Jwala Gutta and Ashwini Ponnappa were the last remaining Indian players at the Canada Open after reaching the semifinals of the US$ 50,000... read more »
Ahmed Shehzad’s half-century steadies Pakistan against Sri Lanka in 2nd Test, Day 3
slammed his third Test half-century as Pakistan cruised ahead towards Sri Lanka‘s lead on Day Three of the second Test at P Sara Oval, Colombo. Pakistan were 129 for the loss of one... read more »
Separatist shutdown affects life in Srinagar
A separatist-called shutdown to protest ‘police high-handedness’ affected normal life in Srinagar on Saturday. The traffic on the strategic Srinagar-Jammu national highway,... read more »
BSF doing commendable job in guarding international border
Interacting with BSF jawans and officers posted in the Mizoram and Cachar Frontier yesterday, Pathak appreciated the hard work done by the troops and said they were doing a commendable job in keeping... read more »
