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Sindhu seeks improvement on fitness, defence in search of World C'ship gold

Sindhu seeks improvement on fitness, defence in search of World C'ship gold

Olympic silver medallist P V Sindhu said on Friday that she has been working on improving her fitness and defence in search of an elusive gold in the showpiece World Championships next week.

Sindhu has been the most consistent performer in the World Championships in the last few years with two silver and as many bronze medals but a gold has still eluded her.

Coal India’s 54 mining projects facing delays

Coal India’s 54 mining projects facing delays

State-owned CIL’s 54 coal mining projects are facing delay due to various reasons such as contractual issues and delay in green clearances among others, the world’s largest coal miner said.

“A total of 120 coal projects costing Rs 20 crore and above are in different stages of implementation. Out of which 66 projects are on schedule and 54 projects are delayed,” Coal India Ltd (CIL) said in its annual report.

Fitch Ratings raises Reliance's outlook to positive

Fitch Ratings raises Reliance's outlook to positive

New Delhi: Fitch Ratings on Friday raised the outlook on Reliance Industries Ltd (RIL) to positive from stable due to the company's potential to further deleverage following its announcement to eliminate its net debt by March 2021.

In a statement, Fitch said it is revising "the outlook on RIL's Long-Term Local-Currency issuer default rating (IDR) to Positive from Stable and has affirmed the rating at 'BBB'."

Kotak Mahindra Bank revises fixed deposit rates. Latest FD rates here

Kotak Mahindra Bank revises fixed deposit rates. Latest FD rates here

Kotak Mahindra Bank has revised interest rates on fixed deposits (FDs) days after RBI reduced repo rate earlier this month. Kotak Mahindra Bank's new FD rates came into effect from 9 August 2019. Other private sector lenders Axis Bank and ICICI Bank also revised interest rates effective 10th and 14th August respectively. Kotak Mahindra Bank offers an interest rate ranging from 3.50% to 6.90% for FDs maturing in 7 days to 10 years.

More than 30,000 ONGC workers vow to boost national energy security

More than 30,000 ONGC workers vow to boost national energy security

More than 30,000 employees of state-run Oil and Natural Gas Corporation (ONGC) took pledge to enhance national energy security on 64th Foundation Day on August 14, 2019. ONGC, the country’s largest oil and gas producer, celebrates this day every year to renew its pledge for national energy security. The employees were administered the pledge by ONGC directors at registered office. “The ONGC officers vowed to dedicate themselves to the nation’s energy security, through the diligence. The ONGC pledge was administered to a large gathering of employees,” ONGC said in a statement.

Paytm to invest Rs 750 cr to reach 250 million monthly active users by March

Paytm to invest Rs 750 cr to reach 250 million monthly active users by March

New Delhi: Digital payments firm Paytm on Thursday said it will invest Rs 750 crore to approximately double its monthly active user base on mobile to 250 million by March 2020.

The company expects its Paytm Inbox service to accelerate the growth as it has garnered 27 million monthly active users and expects additional 60-70 million new customers to come on board by end of the current fiscal year.

Air India puts more than 60 real estate assets under the hammer

Air India puts more than 60 real estate assets under the hammer

MUMBAI: Air India Ltd is auctioning more than 60 real estate assets, including some it could not sell at its last auction in April, as the debt-laden national carrier makes a renewed attempt to raise funds.

The last date for submitting bids is 30 August, according to a tender document issued by the airline.

Facebook claims transcription of audio clips sent to contractors impacted users minimally

Facebook claims transcription of audio clips sent to contractors impacted users minimally

Facebook Inc. this week confirmed that it ran a program to allow contractors to listen to and transcribe some users’ audio clips. The social network said that the only people who were affected were those who agreed to have their audio messages transcribed.

That makes it sound like users agreed to have their chats read by third parties. But based on a look at the Messenger permissions pop-up dialogue box, they didn’t.

Apollo Hospitals up 10% in two days on strong Q1 results; nears record high

Apollo Hospitals up 10% in two days on strong Q1 results; nears record high

Shares of Apollo Hospitals Enterprises rallied 7 per cent intra-day to Rs 1,454 apiece on the BSE on Friday, also its 52-week high, on strong June quarter results for FY20 (Q1FY20). The stock has surged 10 per cent at the bourses since Tuesday, when it reported more than double consolidated net profit at Rs 49 crore. The company had a profit of Rs 23 crore in the year-ago quarter. The stock is 6 per cent away from its all-time high level of Rs 1,544 touched on March 2, 2016.

SBI Life extends rally on strong June quarter earnings

SBI Life extends rally on strong June quarter earnings

Shares of SBI Life Insurance Company were trading 3 per cent higher at Rs 838 per share on the BSE on Friday, extending a 5 per cent rally seen on Wednesday, in an otherwise weak market on expectations of strong growth outlook. The stock was trading at its highest level since it got listed at the exchanges on October 3, 2017. During the past six months, it has rallied 48 per cent, as compared to a 5 per cent rise in the S&P BSE Sensex.

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