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Sensex, Nifty turn choppy on weak global cues, FPI selloff

Sensex, Nifty turn choppy on weak global cues, FPI selloff

Mumbai: Benchmark indices opened on a volatile note Tuesday following weak global market cues amid escalating trade tensions between the US and China, and heavy selling by foreign portfolio investors.

The BSE Sensex was trading 31.63 points, or 0.09 per cent, lower at 34,035.77. It had dropped 130.16 points on opening trade. The 30-share index had rallied 718.09 points, or 2.15 per cent, to 34,067.40 in Monday's session.

CBI submits papers related to Quereshi, IRCTC scam to CVC

CBI submits papers related to Quereshi, IRCTC scam to CVC

New Delhi: The CBI has handed over all relevant documents pertaining to meat exporter Moin Quereshi case and IRCTC scam to the Central Vigilance Commission (CVC).

The CVC is conducting inquiry into the allegations against CBI director (on leave) Alok Verma.

Essar Steel: Ruias may go to court on offer by ArcelorMittal

Essar Steel: Ruias may go to court on offer by ArcelorMittal

The Ruias, who have offered to pay Rs 54,389 crore to clear their dues to the lenders of Essar Steel, are likely to challenge the resolution plan submitted by ArcelorMittal, persons close to the Ruias confirmed to FE. They said an intervention petition may be filed with the National Company Law Tribunal (NCLT).

Late last week, the committee of creditors (CoC) accepted an offer by ArcelorMittal which was subsequently submitted by the resolution professional for Essar Steel to NCLT for approval.

Not Amazon, Microsoft is now second most valuable US firm after Apple

Not Amazon, Microsoft is now second most valuable US firm after Apple

Microsoft has recaptured its second spot in irder to become most valuable US firm, dethroning Jeff Bezos' Amazon. The latest development came after Amazon reported disappointing quarterly numbers.

Apple Inc tops the list at over $1 trillion after crossing that threshold in September. Microsoft’s market capitalization was Wall Street’s highest in late 1998 through early 2000 before the dot-com bubble burst.

Sabarimala: Muslim, Christian women attempted to enter into Lord Ayyappa temple for publicity, says KJ Alphons

Sabarimala: Muslim, Christian women attempted to enter into Lord Ayyappa temple for publicity, says KJ Alphons

Union Minister KJ Alphons on Monday questioned the intentions of a Muslim and a Christian woman who attempted to enter the Sabarimala Temple in Kerala.

Alphons, while speaking with ANI alleged, that the women did not wanted to visit the temple because of their love for Lord Ayappa but to gain publicity.

Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days

Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days

Jeff Bezos is still the world’s richest person, but he’s a lot closer to No. 2 Bill Gates than just a few months ago.

The Amazon.com Inc. founder lost $19.2 billion over the past two trading days -- the most ever in that time, according to the Bloomberg Billionaires Index -- amid a global market selloff fueled by fears of further trade tensions.

Narendra Modi, Shinzo Abe agree to step up defence and economic ties

Narendra Modi, Shinzo Abe agree to step up defence and economic ties

Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe on Monday held “fruitful and extensive” talks during which they discussed issues of bilateral interest, the situation in the Indo-Pacific region and threats posed by nuclear terrorism as the two sides signed several agreements including on a high speed rail project and naval cooperation.

DoT to challenge TDSAT order letting RCom spectrum sale sans bank guarantee

DoT to challenge TDSAT order letting RCom spectrum sale sans bank guarantee

The telecom department will challenge the telecom tribunal TDSAT's order allowing Reliance Communications to sell spectrum to Reliance Jio without providing the bank guarantee.

"The licence conditions do not provide for accepting any barter system. DoT will challenge TDSAT order that directs it to allow RCom sell spectrum with land as security," a senior DoT official told PTI.

Microsoft aims to empower 1 billion differently-abled with AI

Microsoft aims to empower 1 billion differently-abled with AI

Artificial Intelligence (AI) is the big buzzword in the world of technology as it promises to change the way we live and interact with devices. For Microsoft, there is nothing “artificial” about delivering on “intelligence” as the supreme aim is to empower nearly one billion people with disabilities.

The excitement about AI is so evident on the Microsoft campus here that various teams associated with the task have focused their energies towards achieving the impossible — to give differently-abled a normal, dignified life.

ICICI Bank share price zooms 10% after Q2 result shows improved asset quality; is it the right time to buy?

ICICI Bank share price zooms 10% after Q2 result shows improved asset quality; is it the right time to buy?

ICICI Bank shares zoomed nearly 10% on Monday after the bank’s quarterly results showed an improvement in asset quality for the quarter ended September 2018. ICICI Bank share price surged by 9.8% to an intra-day high of Rs 346.55 per share on the NSE on Monday, the highest level in over a month. ICICI Bank was the top gainer on both the Sensex and Nifty indices in Monday’s trade.

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