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Singapore to provide $75,000 assistance to flood-hit Chennai

Singapore to provide $75,000 assistance to flood-hit Chennai

Singapore has contributed USD 75,000 to assist those affected by the devastating flood in Chennai, country's foreign affairs ministry said today.

Additionally, Singapore's Minister of Foreign Affairs Vivian Balakrishnan has also sent a letter to Chief Minister J Jayalalithaa today.

Tata Sons to acquire additional 0.22% stake in Titan

Tata Sons to acquire additional 0.22% stake in Titan

Tata Sons, the promoter of major operating companies of the Tata group, will acquire additional 0.22 per cent stake in Titan Company at an estimated price of over Rs 66 crore, taking its total holding to 19.80 per cent.

Tata Sons will acquire 0.22 per cent stake from Tata International as part of restructuring its investment portfolio, Titan said in a BSE filing.

PDP president Mehbooba Mufti says Bihar election results a lesson to fringe elements misusing Hinduism

PDP president Mehbooba Mufti says Bihar election results a lesson to fringe elements misusing Hinduism

PDP President Mehbooba Mufti on Saturday demanded that fringe elements acting in the name of Hinduism should be checked, drawing comparison with elements of ISIS who misuse Islam.

In our country tolerance is the strength of the country and if we don't stop this so-called fringe elements...What is happening in Syria, Afghanistan, Iraq... because those are also fringe elements who are misusing the name of Islam.

LeT operatives planning suicide attacks in Delhi: Police

LeT operatives planning suicide attacks in Delhi: Police

Delhi Police is searching for two suspected LeT operatives who have allegedly hatched a conspiracy to carry out suicide attacks in the national capital targeting high profile personalities.

The conspiracy was unearthed when the Special Cell of Delhi Police received an intelligence input about two suspected Lashkar-e-Taiba (LeT) operatives, identified as Dujana and Ukasha, who allegedly infiltrated in Jammu and Kashmir through Pakistan-occupied Kashmir, following which an FIR was registered, said a police source.

No fuel shortage in Chennai, but many pumps are not operational: IOC

No fuel shortage in Chennai, but many pumps are not operational: IOC

Indian Oil today said that all efforts are being made to effectively dispense fuels wherever it is feasible in Chennai. The public sector company said that there is no fuel shortage, but due to heavy water logging, many petrol pumps are not being operated.

In a press release the company said "Customers are requested not to panic..there is NO fuel shortage in the city. Due to heavy water logging many petrol pumps are not being operated due to safety and security reasons, as fuelling is an electrical operation."

Supreme Court refuses to ban Facebook, Whatsapp; asks Modi govt to consider monitoring them

Supreme Court refuses to ban Facebook, Whatsapp; asks Modi govt to consider monitoring them

The Supreme Court late on Friday asked the Modi government to examine if social networking platforms like Facebook and Whatsapp can be prosecuted for offensive and vulgar content.

However, the apex court rejected a plea to ban these social networking platforms, reports an English daily.

GMR raises Rs 2,000 cr from Kuwait Investment

GMR raises Rs 2,000 cr from Kuwait Investment

In the first such bond issue under the new Reserve Bank of India (RBI) guidelines notified on Monday, GMR Infrastructure will get Rs 2,000 crore ($300 million) from Kuwait Investment Authority (KIA). It is the largest bilateral investment between India and the West Asian country in recent times.

The two sides signed a definitive agreement on Tuesday under which the Kuwaiti authority would subscribe to a 60-year-long Foreign Currency Convertible Bond (FCCB) due 2075 to be issued by GMR Infrastructure, the flagship company of the GMR Group.

Mulayam as PM and Rahul his deputy: Akhilesh's formula for alliance with Congress

Mulayam as PM and Rahul his deputy: Akhilesh's formula for alliance with Congress

Uttar Pradesh Chief Minister Akhilesh Yadav on Friday suggested that an alliance with Congress is possible in an arrangement where Samajwadi Party supremo Mulayam Singh Yadav is the Prime Minister and Rahul Gandhi his Deputy.

Akhilesh made the comments in the course of a conversation at the Hindustan Times Leadership Summit in Delhi in the presence of the Congress vice president. However, Rahul refused to comment when asked to respond.

SBI puts on hold overseas bond issuance amid market chaos

SBI puts on hold overseas bond issuance amid market chaos

The largest lender of the country, SBI's $1-1.5 billion overseas bond issuance has been delayed following volatility in global financial markets, the Lok Sabha was informed today.

State Bank of India (SBI) has been raising resources from capital markets by way of bond issuances from time to time to take care of its asset growth and ensure repayment of maturing liabilities.

Sensex falls 200 points tracking global cues; HDFC, ITC drag

Sensex falls 200 points tracking global cues; HDFC, ITC drag

Markets continue to maintain weak trend tracking weak global cues along with selling pressure among rate-sensitive and FMCG sectors leading the fall.

Global markets across the global witnessed negative activity after the much awaited European Central Bank (ECB) stimulus failed to meet the street expectations.

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