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Kerala poll body warns parties against use of Sabarimala issue in poll campaigning

Kerala poll body warns parties against use of Sabarimala issue in poll campaigning

The Election Commission on Monday warned political parties in Kerala not to use the Sabarimala temple matter as a campaign issue.

Kerala Chief Electoral Officer Teeka Ram Meena told the media here that “citing or invoking” religious propaganda on the “Sabarimala issue” would be a clear violation of the model code of conduct.

Essar Steel bankruptcy: Prashant Ruia, StanChart move NCLAT against takeover by ArcelorMittal

Essar Steel bankruptcy: Prashant Ruia, StanChart move NCLAT against takeover by ArcelorMittal

Three directors of the erstwhile board of Essar Steel on Monday approached the National Company Law Appellate Tribunal (NCLAT) against a lower bankruptcy court order that allowed takeover of the company by ArcelorMittal. Standard Chartered Bank also approached the appellate tribunal against the order.

The three directors of Essar Steel are Prashant Ruia, Dilip Oommen and Rajiv Bhatnagar.

SBI gave false hope on RCom sale to Reliance Jio: NCLAT pulls up India’s largest bank

SBI gave false hope on RCom sale to Reliance Jio: NCLAT pulls up India’s largest bank

The National Company Law Appellate Tribunal (NCLAT) on Monday admonished State Bank of India (SBI), saying the lender had given a false impression that the RCom-RJio deal would fetch about `37,000 crore.

The NCLAT bench wondered why should there not be proceedings against the lender for painting a rosy picture of RCom. “SBI created false impression, gave a rosy picture before us,” the two-member NCLAT bench, headed by chairperson SJ Mukhopadhyay observed.

Rupee gains by 25 paise against US dollar in early trade

Rupee gains by 25 paise against US dollar in early trade

The rupee strengthened its gains by 25 paise to 69.64 against the US dollar in early trade on Tuesday, driven by sustained foreign fund inflows and weaker greenback against key rival currencies overseas.

Besides, selling of US dollar by exporters and banks also propelled rupee higher.

Fraud Alert! SBI warns about fake offers on Whatsapp, social media: Here's what you need to do

Fraud Alert! SBI warns about fake offers on Whatsapp, social media: Here's what you need to do

SBI has issued a warning for all its bank holders to be aware of the Whatsapp and fake social media messages. The largest lender State Bank of India (SBI) took to Twitter to issue the warning. The bank noticed that few customers had been receiving fake messages where they are being asked to share financial credentials.

Sensex posts biggest gains in 6 months, reclaims 37,000 mark in pre-poll rally

Sensex posts biggest gains in 6 months, reclaims 37,000 mark in pre-poll rally

The BSE benchmark Sensex soared 383 points to reclaim the 37,000 mark Monday, posting its biggest gain in nearly six months, led by gains in RIL, ICICI Bank and Bharti Airtel amid sustained foreign fund inflow and positive global cues.

According to experts, investors widened their portfolios amid hopes of a win for the incumbent NDA government, following the announcement of 2019 general election dates Sunday.

Larsen & Toubro gains 4% on winning multiple orders; up 10% in two weeks

Larsen & Toubro gains 4% on winning multiple orders; up 10% in two weeks

Shares of Larsen & Toubro were up 4 per cent to Rs 1,403 on the BSE on Tuesday, after the company said its power transmission & distribution business has bagged a number of engineering, procurement and construction (EPC) orders in India and abroad.

At 10:43 am; L&T was the largest gainer among the frontline benchmarks, the Nifty 50 and S&P BSE Sensex. The benchmark indices were up 1.2 per cent each. A combined 2.74 million equity shares changed hands on both the exchanges.

ICICI Bank hits record high of Rs 388; up 11% thus far in March

ICICI Bank hits record high of Rs 388; up 11% thus far in March

Shares of ICICI Bank hit a record high of Rs 388, up 3 per cent, on the National Stock Exchange (NSE) in intra-day trade on Tuesday.

The stock surpassed its previous high of Rs 383 touched on January 9, 2019 in intra-day trade. The counter has seen huge volumes with a combined 12.31 million equity shares changing hands in first hour of trading on the NSE and BSE.

World Wide Web turns 30: Google celebrates invention with a doodle

World Wide Web turns 30: Google celebrates invention with a doodle

Google on Tuesday celebrated 30 years of World Wide Web (WWW) with a doodle. English scientist Tim Berners-Lee invented the WWW in 1989 and wrote the first web browser in 1990.

Working at CERN, Switzerland, Berners-Lee laid out the basic concepts of the WWW in a proposal which included ideas like HTML, URL and HTTP.

Amazon vs amazon.com: 8 countries battle tech giant for ownership of domain

Amazon vs amazon.com: 8 countries battle tech giant for ownership of domain

Brazil on Monday thanked the global body that oversees Internet addresses for extending until April a deadline for Amazon basin nations to reach a deal with Amazon.com Inc in their seven-year battle over the .amazon domain name.

The Internet Corporation for Assigned Names and Numbers (ICANN) meeting this week in Kobe, Japan, decided to put off a decision that was expected to favour use of the domain by the world's largest online retailer.

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