Suspended Cambridge Analytica CEO recalled by British parl committee

Mar 22 2018

A British parliamentary committee has recalled the suspended CEO of Cambridge Analytica to face further questions over his role in the harvesting of Facebook data.

Israel investigating Facebook over privacy concerns

Mar 22 2018

Israel is investigating Facebook over possible infringement of its citizens’ privacy following reports that Cambridge Analytica improperly accessed users’ information.

Wall Street drops 1 percent on trade war fears, tech tumble

Mar 22 2018

US stocks fell about 1 pc on the growing threat of a global trade war as the Trump plans to impose import tariffs on China and as tech stocks stayed under pressure.

Futures back off on trade war fears, tech woes persist

Mar 22 2018

US stocks fell sharply as tech stocks led the way lower on fears of increased regulations, while Trump’s move to impose import tariffs on China stoked fears trade war.

Russian UK ambassador says: we had no links to Cambridge Analytica

Mar 22 2018

Russia did not have any links to Cambridge Analytica, Russia’s ambassador in London Alexander Yakovenko said.

Mozilla suspends ads on Facebook on data privacy concerns

Mar 22 2018

Internet company Mozilla Corp said it was suspending advertising on Facebook Inc’s (FB.O) social media platform on concerns of data privacy.

Britain says Facebook must go further in data scandal

Mar 22 2018

Britain's culture minister said that Facebook chief Mark Zuckerberg's plan to fix problems at the world's biggest social media network did not go far enough.

Cambridge Analytica search warrant adjourned until Friday: ICO

Mar 22 2018

ICO said its application to search Cambridge Analytica, the company at the center of a firestorm over its use of Facebook data, had been adjourned by a British judge.

German justice minister calls in Facebook over data 'scandal'

Mar 22 2018

Katarina Barley has asked to speak to Facebook executives to find out whether the social media site’s 30 million users in the country were affected by “scandal”.

Slack Technologies builds engineering team to combat outages

Mar 22 2018

Slack Technologies is building a safety engineering team that will develop methods to help reduce the disruptions that have been more frequent on Slack’s service.

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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