Software may have helped Daimler pass US emissions tests

Feb 18 2018 | 5 hrs ago

US investigators probing Daimler have found that its cars were equipped with software which may have help them to pass diesel emissions tests.

Donald Trump slams FBI over Florida school shooting

Feb 18 2018 | 7 hrs ago

Trump lashed out at the FBI, describing its failure to follow up on a tip about the Florida school shooter Nikolas Cruz as "very sad", the media reported.

Amazon India crosses 3-lakh sellers mark on its marketplace

Feb 18 2018 | 8 hrs ago

E-commerce major today said it has crossed the 3-lakh seller base in less than five years of the company's operations in India.

Netanyahu condemns Polish PM for 'Jewish perpetrators' comment

Feb 18 2018 | 9 hrs ago

Netanyahu condemned his Polish counterpart for saying Jews were perpetrators in World War Two as well as Poles and others.

Facebook plans to use US mail to verify IDs of election ad buyers

Feb 18 2018 | 10 hrs ago

Facebook Inc will start using postcards sent by US mail later this year to verify identities and location of people who want to purchase US election-related advertising.

White House continues to deny Russia collusion

Feb 18 2018 | 10 hrs ago

The White House continued to deny collusion with Moscow a day after Mueller indicted 13 Russian nationals and three entities for allegedly meddling in the US election.

FPIs' net outflow from equities hits USD 1 bn so far in Feb

Feb 18 2018 | 11 hrs ago

Foreign investors have pulled out so far this month a staggering USD 1 billion or Rs 6,850 crore from the Indian stock market in the wake of sell-offs globally.

Canada evaluating impact of lower U.S. corporate tax

Feb 17 2018

Morneau met with a group of private sector economists to discuss the Canadian outlook ahead of the release of the federal govt’s budget later this month.

Stock volatility: back with a bang and here to stay

Feb 17 2018

Stock market volatility spiked to a multi-year high in the selloff and some products that flourished in low volatility collapsed.

Wall Street: S&P 500 caps off strongest week in five years

Feb 17 2018

The S&P 500’s 4.3 percent gain for the week was its biggest weekly advance since January 2013.

Indian Markets


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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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