Springer confirms Turkey exit, as Erdogan ally gathers media asse

Mar 23 2018 | 11 mins ago

Springer said it would exit its investment in Dogan, confirming the long-planned move after Dogan’s parent began talks to sell its media interests to an ally of Erdogan

PM May now faces biggest test: a Brexit trade deal to keep happy

Mar 23 2018 | 25 mins ago

PM May has secured the agreement of the rest of Brexit deal that gives companies and citizens 21 months to prepare for Britain leaving the bloc a year from now.

China welcomes end of Emergency in Maldives

Mar 23 2018 | 30 mins ago

China welcome Yameen's decision to lift the state of Emergency and hoped the government and the opposition will solve the crisis jointly through dialogue.

Putin says focus in new term will be improving living standards

Mar 23 2018 | 41 mins ago

Putin said he would repay the trust voters had placed in him by working toward creating jobs, raising incomes, improving healthcare and building new infra-structure.

'Europe being drawn into Anglo-American anti-Russia campaign'

Mar 23 2018 | 52 mins ago

EU leaders are being drawn into an anti-Russian campaign instigated by London and Washington to drive a wedge between Moscow and the bloc, Russia’s Foreign Ministry said

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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