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.

UGC grants autonomy to two Haryana's varsities

Mar 21 2018

Two Haryana varsities are among the 62 universities in India granted autonomy by the UGC for maintaining high standards of excellence.

YouTube videos may not help toddlers learn new things

Mar 21 2018

Do you let your toddler watch YouTube videos? It may not help them to learn new things, a study suggests.

EESL UK arm EPAL acquires Edina for 55 million pounds

Mar 20 2018

State-owned EESL today said its arm EPAL has acquired UK-based energy solutions provider Edina for 55 million pounds.

Using technology to solve social issues underexplored: ISRO chief

Mar 19 2018

Kumar said that exploiting technology to provide solutions to social issues still remained "significantly underexplored".

Wall Street climbs as technology, financial stocks gain

Mar 16 2018

Gains in tech and financial stocks lifted Wall Street but the main indexes were still on track to record losses for the week that was dominated by trade war worries.

India's 5G, IoT ambitions to ride on core networks: Tel Secy

Mar 16 2018

India's aspiration to take a leading role in 5G and IoT will ride on its ability to build core networks for new-age technologies, Aruna Said.

Infosys to open Technology and Innovation Hub in Hartford, US

Mar 15 2018

Infosys announced that it will open its next Technology and Innovation Hub in Hartford, Connecticut and hire 1,000 American workers in the state by 2022.

China's Huawei says to keep investing in US despite setback

Mar 14 2018

Chinese telecoms giant Huawei says it will continue to invest in the United States despite recent setbacks in its efforts to boost sales.

'Indian customers to get new technology to tackle online frauds'

Mar 14 2018

"We are trying to upgrade our own solutions such as the use of the biometric, iris-eye recnognition, or adapting smart phone to the behaviour of its owner," she said.

Indian Markets


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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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