UP bypolls: Congress blame SP for ruining joint front against BJP

Mar 09 2018

State Congress chief Raj Babbar accused SP chief Akhilesh Yadav for bungling a joint opposition front against the ruling BJP in UP for the Lok Sabha bypolls.

Army foils BAT attack on Line of Control, intruder killed

Feb 19 2018

BAT attack from across the LoC in Jammu and Kashmir's Poonch district has been foiled and one intruder killed while two Indian soldiers were injured, defence sources.

Important to build framework to regulate crypto space: Koinex CEO

Feb 16 2018

India is becoming one of the biggest trading hubs of cryptos and things will only get bigger once policymakers lay out a clear regulatory framework for this space.

ASG Tushar Mehta made Special Public Prosecutor for 2G cases

Feb 10 2018

ASG Tushar Mehta has been appointed as Special Public Prosecutor for the 2G Spectrum Scam case to file an appeal against the acquittal of the accused by a trial court.

Excise cuts have no effect on fuel prices, disappoints industry

Feb 02 2018

Global prices pushed petrol to a nearly three-and-a-half-year high of Rs 73.05 per litre in Delhi.

Kidnapping, molestation case filed against Congress MLA in MP

Feb 02 2018

A Congress lawmaker from MP has been charged with kidnapping and molestation of a female journalism student, on the complaint of the young woman and her mother.

Bitcoin plunges 20 percent in Japan fearing inspection

Feb 02 2018

The price of bitcoin dropped 20 per cent in the Japanese markets after authorities inspected the headquarters of the cryptocurrency exchange operator Coincheck.

Union Budget 2018-19: Balancing populism with economics

Feb 01 2018

The Budget is finally out and Mr Jaitley did not disappoint. The government managed to do a commendable job of balancing economic populism with prudent economics.

Trinamool wrests Noapara, leads in Uluberia in West Bengal

Feb 01 2018

In a formidable showing West Bengal's ruling Trinamool Congress wrested the Noapara Assembly seat from the Congress and was all set to retain the Uluberia Lok Sabha seat.

Policy to develop gold as an asset class: FM Arun Jaitley

Feb 01 2018

Finance Minister Arun Jaitley said the government would formulate a comprehensive Gold Policy to develop the precious metal as an asset class.

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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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