Depository of News

PNB sees 2% rise in wilful defaults to about Rs 15K cr in February

These wilful defaulters, who have taken loans of Rs 25 lakh and above, had total outstanding of Rs 14,593.16 crore in January.

MSNBC’s Morning Joe postulates which GOP senators will grill Kavanaugh accuser the worst

The host said the hearings could highlight the growing sense that Republicans no longer represent women’s interests

How Donald Trump benefitted from the 2008 recession

The president has gloated about how the global economic collapse would be good for him.

Twitter’s former Head of People EMEA joins VC firm Atomico as Partner

Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, is announcing a number of new hires to its investment team, including new Partner Caroline Chayot, who previously led the EMEA HR team at Twitter. I’m told she’ll b

Waitrose switches up a gear to launch two-hour grocery deliveries in London

Up market UK supermarket chain Waitrose will start trialing two-hour or same day delivery options in certain London postcodes from tomorrow. It’s partnering with CitySprint Group courier delivery spin-out On the Dot for the deliveries which will be mad

Flagging JLR sales dent Tata Motors m-cap; Mahindra, Bajaj Auto, Eicher zoom past

At Rs 73,300 crore, Tata Motors#39; market capitalisation has now slid to the fifth spot in the auto segment, owing to JLR#39;s flagging sales in high-growth markets such as China and Europe.

BOJ#39;s Haruhiko Kuroda warns of trade perils, echoes Shinzo Abe on exiting easy policy

Yet, reinforcing premier Shinzo Abe#39;s comments last week and laying the grounds for a future exit from ultra-loose monetary policy, Kuroda said no central bank wants to continue with unconventional monetary easing forever.

SAP, Alibaba team up on cloud services

SAP, Europe#39;s most valuable technology company, also cooperates with U.S. cloud providers as it encourages clients to make a transition away from running its software on on-site servers to remote data centres.

India#39;s MFI loan portfolio up 47% in FY18 to Rs 68,789 crore: Report

It is time that banks and MFIs should work in tandem. The banks are worried about NPAs. Let me tell SIDBI, those who take microfinance loans are not capable of leaving the country.

Rising liquidity issues in ILFS credit negative for Indian banks: Moody#39;s

The debts incurred by ILFS in the form of bank loans accounted for around 0.5-0.7 percent of overall banking system loans as on March 31, 2018.

Digitally influenced spending in emerging markets to reach $4 trillion by 2022: Report

According to the report by the Boston Consulting Group (BCG), by 2022, there will be $3.9 trillion in digitally influenced expenditures in emerging markets.

Cabinet okays Rs 1,033 crore equity infusion by RCF in Talcher fertiliser plant

TFL was incorporated in November, 2015 with shareholding of 29.67 percent of GAIL, RCF and CIL each and 10.99 percent of FCIL to revive the Talcher fertiliser plant.

Is the PM your style icon? Now, you can buy Modi-style kurtas on Amazon

Besides selling Modi, Yogi styled kurtas on Amazon, the RSS-backed centre will offer cosmetic products made with cow urine and dung

Auction Preview: Furniture & Art Objects - Malatier Collection at Ader, Paris, Oct 10

What: ​Furniture & Art Objects - Malatier CollectionWhere: Ader, Room 5-6 - Drouot-Richelieu, 9, rue Drouot 75009 ParisWhen: October 10; 01.30 pmTop lots of the sale:- Charles Joseph Natoire (Nimes 1700 - Castel Gandolfo 1777): Fishing. Canvas formerly

Auction Preview: Designs at Sotheby’s, London, Oct 16

What: ​DesignsWhere: Sotheby’s, Sothebys Bookshop, 34-35 New Bond St, Mayfair, London W1S 2RT, UKWhen: October 16; 02.00 pmPublic Viewing: Fri, 21 Sep 18 | 09:00 am - 05:00 pm BST; Sat, 22 Sep 18 | 12:00 pm - 05:00 pm BST; Sun, 23 Sep 18 | 12:00 pm - 05:0

Qatar Airways announces $69 million revenue loss this year

«This turbulent year has inevitably had an impact on our financial results, which reflect the negative effect the illegal blockade has had on our airline,» Qatar Airways CEO Akbar al-Baker said in a statement Tuesday.

Renault-Nissan-Mitsubishi, Google tie up for vehicle infotainment system

Drivers and passengers will be able to leverage Google and Android#39;s capabilities to access an ecosystem that includes thousands of existing applications and an ever-expanding array of new apps, it added.

Opinion | ILFS mess highlights the rot in infrastructure financing space

A default by ILFS owes it to poor management, a slowing economy and red tapism, something that plagues many Indian infra companies

NBCC, Construction Skill Development Council to train 20,000 youth in 6 months

The Recognition of Prior Learning will benefit workers like masons, carpenters, plumbers, electricians, etc.

First MotoE rider signing revealed

The outfit's sole entry on the 18-bike grid will be ridden by 22-year-old Swiss rider Jesko Raffin. “Right from the start, when we heard about this championship for the first time, we wanted to hire a top rider for this MotoE World Cup,” said team manage

Third F1 cars «very unlikely» to happen, says Whiting

Although it is understood that third cars are not on the agenda for today's F1 Strategy Group meeting, Mercedes boss Toto Wolff has indicated that he hopes to bring the subject up. In the past, third cars have been rejected mainly because midfield teams are u

Meeke on Toyota's radar for WRC 2019 return

Makinen looks increasingly likely to be chasing a replacement for Esapekka Lappi next season – last year’s Rally Finland winner is reckoned to be rapidly closing on a Citroen deal – and he’s already spoken to the Northern Irishman about the potential

Querido Cuba

By focusing on Cuba’s natural light and intimate moments, photographer Colby Tarsitano redefines our visual predispositions about the island.

Sony’s PlayStation Classic will fit in your hand and cost you $100 - CNET

And it comes with 20 preloaded games for epic nostalgia.

BSE to conduct mock trading in commodity derivatives segment on Saturday

«The exchange proposes to schedule mock trading session in live environment (for commodity derivatives segment) on Saturday, September 22, 2018,» BSE said in a circular.

China#39;s Alibaba doubles down on chips amid cloud computing push

In April, Alibaba bought a Chinese microchip maker Hangzhou C-SKY Microsystems to help bolster its cloud-based «internet of things» (IoT) business.

Danske Bank CEO quits in $234 billion money laundering scandal

«It is clear that Danske Bank has failed to live up to its responsibility in the case of possible money laundering in Estonia. I deeply regret this,» Borgen said in a statement.

IRB InvIT: Does accumulation of units by promoters signal better days ahead?

IRB Infra promoters purchased 34.65 lakh units of IRB InvIT as prices hit a low. The fund currently offers a yield of close to 16 percent

Facebook accused of allowing bias against women in job ads: Report

The women job seekers accused Facebook for targeting advertisements for jobs in male-dominated fields to younger male Facebook users only, excluding all women and non-binary individuals, as well as older male users.

Giorgio Armani Blends Pop Art and Fashion

Fashion in itself is creative and an art form, yet, designers look around for inspiration from historical, cultural and social events to various shapes, forms, and colors. The latest to take the route is Giorgio Armani. The brand’s latest offerings that ar

MCX rises after Sebi allows foreign investors to trade in commodity market

"EFEs would be allowed to trade in all commodity derivatives traded on Indian Exchanges except those contracts having underlying commodity defined as 'Sensitive Commodity'.

Sebi has cut total expense ratio for MFs: Here's what this means for you

Read for a quick lowdown on everything that you need to know about mutual funds, TER, the latest Sebi order and the order's likely impact on you as an investor

Usha Martin rallies after bidders express interest in buying co's steel biz

The five - JSW Steel, Tata Steel, Liberty House, Kalyani and Vedanta - have signed non-disclosure agreements (NDAs) in this regard, while they do their due-diligence.

IRB InvIT: Are promoters unit acquisition signalling better days ahead

IRB Infra promoters purchased 34.65 lakh units of IRB InvIT as prices hit a low. The fund currently offers a yield of close to 16 percent

Death count debates overshadow the real story: Hurricane Maria was partly a human-made disaster

Thousands died after Hurricane Maria, and the debate over the death toll has obscured a larger truth

Vegan meal delivery startup Allplants is served £7.5M Series A funding

Allplants, a London-based startup that delivers ready-made “plant-based” meals (that’s vegan, to you and me), has raised £7.5 million in Series A funding. The round is led by VC firm Octopus Ventures, which was an early backer in healthy sn

‘Brotopia’ inspired OODA Health to raise its $40.5M round only from firm’s with female partners

OODA Health, a startup developing technology to make the U.S. healthcare payment system more efficient, has raised $40.5 million in a round led by Oak HC/FT and DFJ.

Tandem CEO will tell you why building a bank is hard at Disrupt Berlin

Challenger banks, neobanks or digital-only banks… Whatever we choose to call them, Europe — and the U.K. in particular — has more than its fair share of bank upstarts battling it out for a slice of the growing fintech pie. One of those is Tandem, co-fou

Newcomers bring decaying Kentucky distillery back to life

MILLVILLE, Ky. (AP) - The whiskey quit flowing decades ago from a landmark Kentucky distillery housed in a picturesque castle. Nearly a half-century of neglect reduced the one-time tourist draw to a decaying relic. Now, two newcomers to the whiskey business h

Kumar Mangalam Birla scouts for acquisition targets in US, Europe and India

Birla did not go into specifics of the deals but looking at his track record he will probably be an active participant in the sale of assets expected in the near future
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