India News
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US President Donald Trump's daughter Ivanka, whose India visit begins next week, is unlikely to be accompanied by high-ranking officials of the State Department, a media report said today.
According to CNN, Secretary of State Rex Tillerson has decided not to send a high-level delegation to support Ivanka on her India trip, amid reports of tensions between Tillerson and the White House.
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Equity benchmarks on Friday were off to a good start as the BSE Sensex were trading beyond 33,600. Nifty also opened in the green and were gaining at 0.20 per cent in early trade. At 9:51 PM, Sensex was 88.54 points up to trade at 33,675.57 while Nifty was trading at 28.70 pois to reach upwards at 10,377.30.
In what could be a power packed comeback from last week's drag trade, key indices have finished with gains for the last six successive sessions.
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Auto major Mahindra & Mahindra today said it will bid for the second stage of the tender for supplying 9,500 electric vehicles (EVs) to state-run Energy Efficiency Services Ltd (EESL).
"We will bid for the second stage of EESL tender," M&M Managing Director Pawan Goenka told reporters here.
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At least thirteen coaches of the Vasco Da Gama-Patna express derailed at Manikpur railway station in Chitrakoot, Uttar Pradesh on Friday morning, killing three people and leaving at least nine injured, as reported by news agency PTI. Union Railway Minister Piyush Goyal announced an ex-gratia compensation of Rs 5 lakh each to kin of dead in the accident, Rs 1 lakh for those with grevious injuries and Rs 50,000 for those injured.
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The Los Angeles motor show is all set to kick-start next week and auto makers are also ready with their products to be showcased at the event. Hyundai will be coming up with its US-spec Kona crossover and the brand has recently teased it in images. Currently, there are not much details about the Hyundai Kona but it should have a resemblance to the model that is sold in other global markets. The new Hyundai Kona will be revealed with two four-cylinder petrol engine options. The standard model will draw its power from a 2.0-litre naturally aspirated mill that is capable of producing power close to 147 hp along with 179 Nm of torque.
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The Supreme Court on Thursday directed a medical college in Lucknow to grant compensation of Rs 10 lakh each to the 150 students it had admitted in the MBBS course without formal permission from the government, according to the Times of India.
The apex court has also slapped a fine to the tune of Rs 25 lakh on the medical college. The college, run by the GRCG Memorial Trust, was one of the 32 institutions that the Medical Council of India had barred from admitting medical students till 2019 due to substandard facilities.
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Infosys hit a three month high of Rs 1,011, up 2% on Friday, extending Thursday’s 2.6% gain on the BSE ahead of commencement of the company’s proposed Rs 13,000 crore share buyback programme from November 30, 2017.
The stock of information technology (IT) bellwether was quoting at its highest level since August 18, 2017. It is 3% away from its 52-week high of Rs 1,045 touched on January 13, 2017.
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New Delhi: On 26 November 2012, activist-turned-politician Arvind Kejriwal officially launched the Aam Aadmi Party (AAP). A unique political experiment and the product of a high-profile anti-corruption campaign, the party shot to limelight with a promise of ‘alternative politics’.
Five years after its launch, AAP under Delhi chief minister Kejriwal has seen it all—a strong volunteer base, a stunning victory in the 2015 Delhi polls, contesting its first Lok Sabha elections within 18 months of being launched, and internal organizational troubles leading to a split.
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Mumbai: Severe under-utilisation of refining assets in four countries—Argentina, Mexico, Brazil and Venezuela—and Reliance Industries Ltd’s (RIL) shift in feedstock towards ethane will boost refining margins for RIL, according to analysts. RIL exports majority of its products from its twin refineries in Jamnagar, Gujarat.
“Utilization of the Latin American refineries does not appear to be improving any time soon. This would enable RIL to continue clocking GRM (gross refining margin) of 11.5 per barrel during FY19-20,” said Motilal Oswal Securities Ltd in its report dated 13 November.
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A solid propellant used as booster for the BrahMos supersonic cruise missile, which was successfully test fired from a Sukhoi-30 fighter jet on Wednesday, is being developed by Pune-based High Energy Materials Research Laboratory (HEMRL) of the Defence Research and Development Organisation (DRDO). HEMRL Director KPS Murthy, who was speaking to reporters on the sidelines of the inauguration of the 11th International High Energy Materials Conference and Exhibits (HEMCE-2017), made the announcement on Thursday.
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