Prosecutors seek death penalty for South Korea ferry disaster captain
GWANGJU, SOUTH KOREA: South Korean prosecutors on Monday demanded the death penalty for the captain of the Sewol ferry that sank in April, saying he had abandoned the more than 300 people who died in the disaster. They also sought life sentences for three senior crew members as the trial of Captain... read more »
IndusInd Bank hits record high on FIPB nod for hike FII limit
Indusind Bank is trading higher by 3% to Rs 703 on National Stock Exchange (NSE) on reports that the Foreign Investment Promotion Board (FIPB) has allowed the bank to raise foreign institutional investors (FII) limit to 74%. The stock opened at Rs 692 and touched a record high of Rs 709 on NSE. A... read more »
Centre names 3 black money account holders in affidavit to SC: TV reports
NEW DELHI: The Union government has named three persons who are black money account holders in an affidavit to the Supreme Court, TV reports said. According to television reports on Monday, the three persons named are Pradip Burman, director of the Burman Group, Pankaj Chimanlal Lodya, a... read more »
Gold struggles on stronger economic data, higher equities
Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the metal’s safe-haven appeal. Asian equities rose, taking heart from upbeat earnings and US economic data that eased global growth fears and... read more »
