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Stocks In News

 

IDEA

Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues

AB Group To Sell Stake & Promoter Entities Of Co

In Talks With Large PE Funds

Deal Will Let AB Group Maintain Current Shareholding

PE Investors To Get Indirect Stake In Idea

Mint Reports

BAJAJ ELECTRICALS

Bags Orders For Rural-Urban Electrification Project

Project worth Rs 3577.93 Cr

Projects under Saubhagya Yojna

Projects to be completed within 15 months

FORTIS HEALTHCARE

Board Meeting On April 19 To Consider Various Bids Received

FEDERAL-MOGUL GOETZE

CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co

Offer Represents 25.02% Stake, With Price Of Rs 400/Sh

SOBHA

To make an investment of rs 500 cr in GIFT City

Will develop about 1,000 housing units in GIFT City

Residential footprint rises to 10 cities with investment

  • SENSEX

    34,415.58 11.71   (-0.03 %)
  • NIFTY

    10,564.05 1.25   (-0.01 %)
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News In Brief

 

    Fresenius Medical sells US Sound Inpatient for $2.15 bln

    Berlin: German dialysis specialist Fresenius Medical Care (FMEG.DE) is selling its majority shareholding in Sound Inpatient Physicians Holdings for $2.15 billion euros, it said on Saturday.

    The deal, expected to close in late 2018, will bring a pretax book gain of about 800 million euros (702 million pounds) for the German company. Sound Inpatient is being bought by an investment consortium led by private equity firm Summit Partners.

     (Reuters)

    Russia: OPCW heading to site of alleged chemical attack in Syria's Douma

    Moscow: The Russian Foreign Ministry said a special commission from the Organisation for the Prohibition of Chemical Weapons (OPCW) left on Saturday morning for the site of the alleged gas attack in the Syrian town of Douma.

    (Reuters)

    North Korea must disclose its nuclear and missile programme: Germany

    Berlin: German Foreign Minister Heiko Maas said North Korea’s announcement that it would immediately suspend nuclear and missile tests was a step in the right direction but added that Pyongyang must reveal its nuclear and missile programme.

    “To enter into a serious political process working towards the complete denuclearisation of North Korea, it is however necessary for Pyongyang to follow specific steps and to disclose its complete nuclear and missile programme in a verifiable way,” Maas said on Saturday.“This demand is in accordance with the expectations of the international community,” he added.

    (Reuters)

    Russia calls on US, S Korea to cut military activity after N Korean move

    Moscow: The Russian Foreign Ministry on Saturday welcomed an announcement by North Korea that it will halt nuclear and missile tests and called on the United States and South Korea to reduce their military activity in the region.

    (Reuters)

    UK hopes North Korean nuclear move will be positive step

    London:  Britain said on Saturday that North Korea’s plan to cease nuclear tests would be a positive step and that it hoped this was a sign of good faith. “A long term commitment from Kim Jung Un to halt all nuclear tests and ICBM launches would be a positive step.

    We hope this indicates an effort to negotiate in good faith,” the British government said in a statement.  “We remain committed to working with our international partners to bring about our goal of a complete, verifiable and irreversible denuclearisation of the Korean peninsula, and to do so through peaceful means.” 

    (Reuters) 

    EU welcomes North Korean move on nuclear tests, urges denuclearisation

    Brussels: The European Union’s foreign affairs chief said on Saturday that North Korea’s announcement to stop nuclear tests was a positive step and called for an “irreversible denuclearisation” of the Asian country.

    The North Korean move “is a positive, long sought-after step on the path that has now to lead to the country’s complete, verifiable and irreversible denuclearisation,” Federica Mogherini said in a statement.

    (Reuters)

    Cabinet nod for death penalty for raping children below 12

    New Delhi: The Union Cabinet headed by Prime Minister Narendra Modi on Saturday approved an ordinance on death penalty for those convicted of raping children below the age of 12.

    (IANS)

    Azeri parliament names Novruz Mamedov as new prime minister

    Baku: The Azeri parliament appointed Novruz Mamedov as the country’s new prime minister on Saturday.

    Mamedov has been a foreign policy assistant to Azerbaijan’s President, Ilham Aliyev, since last year.

    (Reuters)

    Iran has 'expected and unexpected' reactions if US leaves deal: Rouhani

    Dubai: Iranian President Hassan Rouhani said on Saturday Iran’s atomic agency was ready with “expected and unexpected” reactions if the United States pulls out of a multinational nuclear deal.

    “Our Atomic Energy Organization is fully prepared ... for actions that they expect and actions they do not expect,” Rouhani said without elaborating in a speech carried by state television, referring to a possible decision by President Donald Trump to leave the accord next month.

    (Reuters) 

    Japan Aso: Discussed FX with U.S. Mnuchin as part of talks on economy

    Washington: Japanese Finance Minister Taro Aso said on Friday he discussed currencies with U.S. Treasury Secretary Steven Mnuchin, but only as part of broader discussions on their economies.

    In a news conference after the Group of 20 finance leaders meeting, Aso also said he conveyed Japan’s concern over protectionism in the bilateral meeting with Mnuchin.

     (Reuters) 

    Japan has no immediate plan to bring US tariffs to WTO

    Washington: Japan has no immediate plan to raise a trade dispute against U.S. steel and aluminium tariffs to the World Trade Organization, a senior Japanese finance ministry official said on Friday. 

    “For now, Japan will seek to gain the understanding of the United States that its steel exports don’t threaten U.S. national security,” the official told reporters.  Japan is the only major U.S. ally that did not receive exemptions from President Donald Trump’s decision to impose tariffs on steel and aluminium imports.

    (Reuters) 

    North Korea meaningful progress towards denuclearization: South Korea

    Seoul: North Korea’s decision to close its nuclear test site and suspend missile tests is a “meaningful progress” for denuclearization of the Korean peninsula, South Korea’s presidential office said on Saturday. 

    North Korean leader Kim Jong Un said earlier the country no longer needed nuclear and missile tests and would close a nuclear test site.  “It will also contribute to creating a very positive environment for the success of the upcoming South-North summit and North-United States summit,” a spokesman for the president’s office, Yoon Young-chan, said in a statement.

    (Reuters) 

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