Nature's 'alarming' decline threatens food, water, energy: UN

Mar 23 2018 | 3 mins ago

Human activities are causing an alarming decline in the variety of plant and animal life on Earth and jeopardising food, clean water and energy supplies.

US new home sales fall for third straight month in February

Mar 23 2018 | 11 mins ago

Sales of new US single-family homes unexpectedly fell for a third straight month in February, weighed down by steep declines in the Midwest and West.

Made 100 percent provision in Totem fraud: Union Bank

Mar 23 2018 | 43 mins ago

Union Bank of India said it made 100 percent provision against Totem Infrastructure Limited fraud case, so there is no material impact on the lender.

Rupee at 1-week high of 65.01 as dollar slides on trade war worries

Mar 23 2018 | 2 hrs ago

The rupee made an impressive recovery from early losses to close 10 paise higher at a 1-week high of 65.01 against the US dollar which suffered losses in global markets.

EU plans tougher consumer laws for Facebook, Gmail

Mar 23 2018 | 4 hrs ago

EU is planning to apply tougher consumer laws to Facebook and Gmail as scrutiny of data protection grows in the wake of an outcry over Facebook’s handling of data.

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

Mar 23 2018 | 6 hrs 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

Escalating trade aggression sends FTSE 100 spiraling

Mar 23 2018 | 6 hrs ago

Mounting fears of a global trade war after the US slapped tariffs on imports from China sent British stocks to a fresh 15-month low.

Britain, EU make significant progress in Brexit talks: May

Mar 23 2018 | 6 hrs ago

May said Britain and the European Union had made significant progress in Brexit talks and that she was looking forward to talks on their future economic partnership.

Union Bank of India shares slump after lender makes fraud complaint

Mar 23 2018 | 8 hrs ago

Union Bank of India Ltd shares fell to a more-than 11-year low after federal police registered a case against a private company for allegedly cheating eight lenders.

Germany welcomes US tariff exemption, wants more trade cooperation

Mar 23 2018 | 9 hrs ago

Altmaier welcomed Trump’s decision to temporarily exclude EU countries from US import duties on steel and aluminum and called for more international cooperation on trade

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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