Depository of News

California burning—wild fires in north and south explode thanks to high winds and dry conditions

Rapidly expanding wildfires in both Northern and Southern California have destroyed homes and forced thousands to evacuate as dry conditions and high winds create a dangerous combination across the states. In the northern part of the state, CNN reports that

US-China trade war is a ‘blessing in disguise’ for Indonesia

The trade dispute between Washington and Beijing could unlock opportunities for other players in Asia, the Indonesian minister of industry said in an interview with RT during the World Economic Forum in Davos. Read Full Article at RT.com

Know your Budget: Part 2 | Questions on fiscal deficit and inflation answered

What is Union Budget? What is a fiscal deficit? Here are some of the questions answered

Yes Bank Q3FY19 review – overshadowed by ILFS exposure

In the days to come, the direction of ILFS resolution along with the appointment of the new MD will be the key drivers of the stock.

Market Wrap, Jan 24: Sensex gains 87 pts, Nifty at 10,850; YES Bank up 14%

The S&P BSE Sensex ended at 36,195, up 87 points, while the broader Nifty50 index settled at 10,850, up 18 points

Red Bull "€15million poorer” thanks to 2019 F1 rules - Marko

F1’s 2019 changes include simplified front wings and bargeboards in a bid to make it easier for cars to follow, which in turn should lead to closer and better racing. Red Bull were vocal opponents to the decision to push through those changes in May last y

Berthon joins Rebellion LMP1 roster in long-term deal

The 29-year-old will slot into the line-up of the #3 Rebellion R13, which claimed the Swiss squad's sole victory of the current superseason at Silverstone after the two Toyotas were disqualified.Rebellion has not formally announced who will partner Berthon i

Marquez: Surgery was «more difficult» than expected

Honda rider Marquez dislocated his shoulder many times while training last year, and even had a couple of crashes towards the end of the season that left him with shoulder pain.He limited his running during the post-season tests as a result, and consequently

IndiGo appoints Ronojoy Dutta as CEO with immediate effect

The position had been vacant since the exit of then President Aditya Ghosh in early 2018

Yes Bank names Deutsche#39;s Ravneet Gill as MD CEO effective March 1, 2019

Ravneet Gill has led Deutsche Bank in India for over 6 years now and he has over 30 years of experience across bank functions.

Mercedes-Benz launches luxury van in India at Rs 68.4 lakh

Unlike some of the other cars such as the E-Class and S-Class that are assembled in India, the V-Class will be imported as a full unit from Spain.

Who is Yes Bank#39;s new CEO and MD Ravneet Gill?

Gill has close to 28 years of banking experience across several fields, including private banking, foreign exchange, structured financing, risk management and transaction banking.

Raymond Group bullish on growth prospects: CFO Sanjay Bahl

According to Bahl, Raymond#39;s Thane project has received Maharashtra RERA registration for phase I and the launch date would be in this quarter.

Lupin#39;s specialty drug Solosec gains traction in US on rising prescriptions

Lupin expects the drug to hit peak sales of $100-$150mn over next 3-4 years, making it a big contributor.

Ravneet Gill to take over from Rana Kapoor as YES Bank's MD & CEO

Bank's senior group president says Jan 29 board meeting will decide whether an interim CEO will be brought in for the gap between Kapoor's end of term and Gill joining the bank

Apple cuts 200 staff from its Project Titan autonomous car division

Apple’s secretive efforts to develop a self-driving car — its so-called ‘Project Titan’ — have taken a hard turn in 2019 after it emerged that the iPhone-maker has reassigned 200 employees previously involved in its development.

Auction Preview: Asian Art & Antiques at Altair Auctions, Norwood, Feb 6

What: Asian Art & AntiquesWhere: Altair Auctions; 151 Carnegie Row, Norwood, MA 02062, United StatesWhen: February 6; 11.30 pm GMTTop lots of the sale:- China, Sung dynasty, Junyao brush washer. Width 9  in., Height 2 7/8 in. Estimate: $ 60,000 - $ 9

YES Bank jumps 14% on appointment of Ravneet Gill as new MD & CEO

The stock moved higher by 19 per cent to Rs 235, bouncing back 24 per cent from intra-day low of Rs 189 on the BSE.

To fight election meddling, Google’s cyber unit Jigsaw extends its anti-DDoS protections to European politicos

Jigsaw, the cybersecurity-focused division owned by Google parent Alphabet, is now allowing political organizations in Europe to sign up for its anti-web flooding technology for free. Until now, the free-to-use technology designed to protect political campai

China finally grants a game license to Tencent

Tencent has finally come out of a prolonged freeze on game approvals as Beijing granted licenses to two of its mobile games this month. According to a notice published by China’s State Administration of Press, Publication, Radio, Film and Television on

Dorian Stefano Tarantini Collaborates with Swarovski for Autumn/Winter 2019 collection

Dorian Stefano Tarantini, the multidisciplinary artist and designer behind M1992, teamed up with Swarovski to inject signature sparkle into his Autumn/Winter 2019 collection, marking a third season of collaboration with the brand, as per the Swarovski website

Princess Cruises to Activate Three Additional Princess MedallionClass Ships in 2019

Princess Cruises announced, in an official release, the expansion of its Princess MedallionClass experience to three additional ships – Royal Princess, Crown Princess and Sky Princess – building on the enhanced and personalized cruise vacations guests ar

Carnival Corporation's Cruise Line Brands, Leadership Earn Over 600 Awards in 2018

Carnival Corporation & plc, one of the world's largest leisure travel companies, continued its long history of achieving outside recognition for providing its over 12 million annual guests with extraordinary vacation experiences, earning over 600 awards a

YES Bank net profit falls 7% to Rs 1,002 crore; Ravneet Gill named MD & CEO

GNPA (Gross non performing assets) improved sequentially to 1.32 per cent from 1.60 per cent last quarter.

Australian Open Glance: A look at semifinal on Day 11

The only main draw singles match on Day 11 is No. 1-ranked Novak Djokovic's semifinal against No. 28 Lucas Pouille

Putin vows to launch first Russian-built nuclear plant in Turkey in 2023

One of Russia’s major energy projects in Turkey, the Akkuyu nuclear power plant (NPP), will soon become operational. It is expected to provide 17 percent of the country’s electricity needs. Read Full Article at RT.com

Commodity outlook: Short-term indicators turn bullish for edible oils

Outlook on edible oils, cotton, sugar

Ujjivan Financial Q3 review: Strong execution, reasonable valuation albeit regulatory overhang

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As deadline nears, TRAI launches app for DTH, cable TV viewers to select channels

TRAI had notified the new tariff order on December 29, which allows customers to choose the channels they watch and pay for them only.

NIIT Q3 net profit dips 1.5% to Rs 19.4 crore

The company said it saw an adverse foreign exchange (forex) impact of Rs 5.2 crore in the quarter under review, «predominantly due to restatement of receivables».

RBI has insufficient capital, much less surplus to hand over to government

The paper's findings rekindle the debate on the Reserve Bank of India's autonomy, just as a panel reviews how much funds the monetary authority should hold

Predators' Subban says Golden Knights' Bellemare bit finger

Chomp! Predators' P.K. Subban accuses Golden Knights' Pierre-Edouard Bellemare of biting one of his fingers

Search resumes for plane carrying Argentine soccer player

The search has resumed to find the plane that was carrying Argentine soccer player Emiliano Sala, with the operation now into its third day

How to trade Oberoi Realty, Godrej Properties and Brigade Enterprises

The Nifty Realty index outperformed the benchmark indices Sensex and Nifty on Thursday, surging as much as 2.30 per cent to 240.80.

AP source: MLB seeks to increase DL, option time

AP source: Major League Baseball seeks to increase DL and option time in effort to reduce use of relief pitchers and boost offense

American Collins wishes roof stayed open at Australian Open

The way Danielle Collins looks at it, the end of her surprising run at Melbourne Park was something of an open-and-shut case

Maruti Suzuki to set up Japan-India Institute for Manufacturing in Haryana

The company will make an initial investment of Rs 7 crore to establish the model industrial training institute (ITI) at Uncha Majra village in Gurugram district, Maruti Suzuki India (MSI) said in a statement.

Silver slides 0.19% on negative global cues

The white metal for delivery in February was trading lower by Rs 72, or 0.18 per cent, to Rs 39,048 per kg in 442 lots.

Sebi says no reference received on relaxing rules in Jet Airways matter

In its brief statement issued in the afternoon, Sebi referred to reports about certain relaxations of regulations with respect to Jet Airways.

Global Wine Education Redefined with the Launch of Australian Wine Discovered

Wine Australia is taking global wine education to the next level with the launch of its comprehensive new education program — Australian Wine Discovered, as per an official release.The content-rich and globally accessible program features 22 education modul
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