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Monthly News May 2014

Hero MotoCorp Shares Fall 3.5% on Q4 Ear...

Hero MotoCorp Shares Fall 3.5% on Q4 Earnings

Shares in Hero MotoCorp, India’s largest two-wheeler maker, fell nearly 3.7 per cent in early trade on Thursday after its net profit declined for the fifth time in last seven quarters. But its results were above the estimates of many brokerages, leading to the stock recovering some of its... read more »

Sensex gains 388 points as crude price drops
Sensex falls more than 150 points; Infos...

Sensex falls more than 150 points; Infosys slumps

The BSE Sensex falls 0.69 percent, while the broader Nifty is lower 0.56 percent. If sustained until the close, it would mark the Nifty’s third losing session over the previous four as shares have retreated from a record high hit on May 16. Foreign investors sold Indian shares worth 2.87... read more »

U.S. Navy won’t dismiss ‘pin...

U.S. Navy won’t dismiss ‘pings’ lead in jet search

A U.S. Navy spokesman on Thursday dismissed as “speculative and premature” an American expert’s reported comments that the acoustic “pings” at the center of the search for the missing Malaysian plane did not come from the jet’s black boxes. CNN reported that the... read more »

Violence across Iraq claims 54 lives on ...

Violence across Iraq claims 54 lives on Wednesday

Violence across Iraq – including car bombings, suicide attacks, and assassinations – killed at least 54 people on Wednesday. The deaths focused mainly on Shiite sections of Baghdad and the tense northern city of Mosul, largely controlled by former Al-Qaeda affiliate Islamic State of Iraq and... read more »

Shiv Sena’s Geete agrees to take charge as heavy industries minister

NEW DELHI: Differences between Shiv Sena and BJP over portfolio allocation blew over on Wednesday with Anant Geete deciding to take charge as heavy industries minister after party chief... read more »

Car bomb attack kills 10 people in Iraq

Baghdad: A car bomb explosion on Tuesday evening killed 10 people at an outdoor market in the Iraqi capital, officials said. Police officials said the blast took place at the fruit and... read more »

Boko Haram attack kills at least 24 Nigerian security personnel

MAIDUGURI, Nigeria – Boko Haram gunmen attacked a Nigerian military base and adjacent police barracks simultaneously in the north-eastern town of Buni Yadi on Tuesday, killing at... read more »

After South Korea Hospital Fire Kills 21, a Patient Is Held

SEOUL, South Korea — A fire broke out at a hospital annex in southwestern South Korea early Wednesday, killing 21 people and injuring seven others and further rattling a country still... read more »

M Venkaiah Naidu promises affordable housing, implementation of N...

M.Venkaiah Naidu on Wednesday formally took charge as the Urban Development Minister in the Narendra Modi-led government. Addressing media, Naidu said his main agenda was to provide affordable... read more »