Some bank bulls grow wary on policy uncertainty
(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. ... read more »
State-owned carrier Air India understated losses – CAG
NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »
India’s Avenue Supermarts IPO oversubscribed 106 times
MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »
India’s industrial output up 2.7 percent in January
NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... 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 »
Working moms readily accepted now
Societal acceptance of working mothers is now a given and is at an all-time high, says a new study. Researchers analysed data from nearly 600,000 respondents from two nationally... read more »
Say no to vitamin B12 to keep pimples at bay
Tired of pimples on your skin? A new research claims that staying away from vitamin B12 will keep off painful acne. According to the new UCLA research, the activity of the vitamin tweaks... 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Renowned American designer Donna Karan has withdrawn her name as a chief executive from her company Donna Karan International (DKI).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 determine... read more »
