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After 18 yrs, Antarctica's largest iceberg about to die near equator: NASA

After 18 yrs, Antarctica's largest iceberg about to die near equator: NASA

The largest iceberg ever recorded, that broke away from Antarctica's Ross Ice Shelf 18 years ago, could be nearing the end of its voyage, according to NASA.

When iceberg B-15 first broke away in March 2000, it measured about 296 kilometres long and 37 kilometres wide. B-15 has since fractured into numerous smaller bergs, and most have melted away.

Over 1,300 new FPIs register with Sebi in FY18

Over 1,300 new FPIs register with Sebi in FY18

More than 1,300 fresh foreign portfolio investors (FPIs) were registered with Sebi in 2017-18 on continued interest in the Indian capital markets, as per the regulator's data.

In comparison, close to 3,500 new FPIs were registered with Securities and Exchange Board of India (Sebi) in the preceding financial year.

Coal India's output increases to 567 mn tonnes in FY18: Piyush Goyal

Coal India's output increases to 567 mn tonnes in FY18: Piyush Goyal

State-owned Coal India's output increased by 105 million tonnes (MT) in the last four years to reach 567 MT in 2017-18, Union Minister Piyush Goyal said on Monday.

The remarks come at a time when the country is facing coal shortages.

SBI TO AUCTION 12 BAD A/CS THIS MONTH TO RECOVER OVER RS 1,325CR

SBI TO AUCTION 12 BAD A/CS THIS MONTH TO RECOVER OVER RS 1,325CR

The country’s largest lender SBI will conduct auction of 12 non-performing accounts (NPAs) later this month to recover dues of over Rs 1,325 crore.

The e-auction of these accounts will take place on June 25, according to an SBI notice.

Yes Bank looks beyond fintech startups with a multi sector accelerator program

Yes Bank looks beyond fintech startups with a multi sector accelerator program

Chennai: After tasting success with its fintech accelerator, Yes Bank is now set to launch multi sector accelerator program.

YES SCALE will offer a 15 week program for startups in the areas of smart city, clean tech, Agritech, Lifesciences tech and education tech.

RIL arm plans to raise ₹4,000 crore to fund Reliance Jio, group firms

RIL arm plans to raise ₹4,000 crore to fund Reliance Jio, group firms

Mumbai: Reliance Industrial Investments Holdings Ltd (RIIHL), the investment arm of Reliance Industries Ltd (RIL), is planning to raise ₹4,000 crore to meet the group’s funding and investment requirements, including for its telecom venture Reliance Jio Infocomm Ltd, two people aware of the development said.

Nirav Modi applies for asylum in U.K., claims “political persecution”

Nirav Modi applies for asylum in U.K., claims “political persecution”

Nirav Modi, the billionaire jeweller at the heart of a more than ₹13,578-crore Punjab National Bank (PNB) fraud case in India, has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials.

Britain's Home Office said it does not provide information on individual cases. Nirav Modi could not be contacted by Reuters for comment on the FT report.

L&T Construction bags orders worth Rs 2,210 cr

L&T Construction bags orders worth Rs 2,210 cr

Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 2,210 crore across business segments in the domestic market. L&T said its water and effluent treatment business has secured orders worth Rs 2,044 crore.

2018 Maruti Suzuki Ertiga automatic interiors spied: Mahindra U321 challenger launch likely in August

2018 Maruti Suzuki Ertiga automatic interiors spied: Mahindra U321 challenger launch likely in August

The new 2018 Maruti Suzuki Ertiga MPV has been testing for quite some time now. Reports on the internet suggest that the new model is due for India launch in the month of August and is already up for sale in Indonesia since April 2018. There have been multiple spy images on the web of the new Maruti Suzuki Ertiga and by now, you must be familiar with the idea of how the car will look from outside.

Kiranas deliver the goods for ecommerce giants like Amazon, Myntra

Kiranas deliver the goods for ecommerce giants like Amazon, Myntra

The friendly neighbourhood kirana store is getting increasing attention from ecommerce behemoths such as Amazon India and Myntra for handling the last leg of their deliveries.

Ecommerce companies have over the past year significantly scaled up their use of this channel for last-mile delivery, allowing them to reduce their delivery staff or engage them for more advanced tasks.

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