Reliance Jio pips Airtel to become No.2 telecom operator by subscribers

Jul 19 2019 | 4 hrs ago

Reliance Industries Ltd’s telecom unit Jio pipped rival Bharti Airtel to become India’s second-largest operator by subscribers as of May, government data showed.

FBI documents point to Trump role in hush money for porn star Daniels

Jul 19 2019 | 8 hrs ago

FBI documents unsealed on Thursday suggest that Donald Trump was actively involved in engineering a hush-money payment shortly before the 2016 election to a porn actress who said she had a sexual encounter with him, as his personal lawyer Michael Cohen, campaign team and others scrambled to head off a scandal.

June 2019 was hottest month on record globally: NOAA

Jul 19 2019 | 9 hrs ago

June 2019 was the hottest in 140 years, setting a global record, according to the latest monthly global climate report released on Thursday by the U.S. National Oceanic and Atmospheric Administration.

Sebi proposes tighter disclosure for auditors

Jul 19 2019 | 9 hrs ago

The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies, after a number of firms abruptly resigned from audit assignments without citing sufficient reasons, leaving investors in the dark.

CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry

Jul 18 2019

India's CARE Ratings Ltd has sent Managing Director and Chief Executive Officer Rajesh Mokashi on leave until further notice, the rating agency said in a stock exchange filing late on Wednesday.

Monsoon rains 20% below average in latest week: IMD

Jul 18 2019

India’s monsoon rains were 20% below average in the week ending on Wednesday, as rainfall was scanty over the central, western and southern parts of the country, the India Meteorological Department (IMD) said, raising concerns over the output of summer-sown crops.

Netflix to roll out cheaper mobile-only plan in India

Jul 18 2019

Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging.

USFDA Finds 'Significant Violations' At Strides Pharma's Puducherry Plant

Jul 17 2019

The US Food and Drug Administration (FDA) said it found adulteration and “significant violations” of current good manufacturing practice (CGMP) regulations at Strides Pharma Sciences Ltd’s plant in Puducherry in south India.

Lenders Of Bankrupt Jet Airways To Attempt To Sell Carrier Again

Jul 17 2019

Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover about Rs 85 billion ($1.24 billion) of loans, two sources familiar with the matter said.

Oil Prices Steady After Falling To More Than One-Week Lows

Jul 17 2019

Oil steadied after falling more than 3% overnight, with U.S. crude trailing Brent after U.S. inventory data fell short of expectations, amid conflicting signals from the U.S. and Iran over the disputes that have roiled prices recently.