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'Mahaswarthbandhan' is nothing but house of Bigg Boss: Modi

'Mahaswarthbandhan' is nothing but house of Bigg Boss: Modi

Prime Minister Narendra Modi took a dig at the grand JD (U)-RJD-Congress alliance by Nitish Kumar, saying they were promoting politics of opportunism.

"They gave such a bad government for all these years. Can you trust them?. Before you vote, ask yourselves- this 'mahaswarthbandhan' have they done anything for Bihar for 60 years. Shouldn't Lalu ji, Sonia ji and Nitish ji tell what they did for welfare of the people of Bihar in the last 60 years?" he said while addressing a rally in Bihar's Begusarai district.

Amazon launches marketplace for handmade goods

Amazon launches marketplace for handmade goods

Amazon.com Inc is launching a marketplace for handcrafted goods on Thursday that will allow customers to buy products made by artisans from more than 60 countries.

"We don't allow any mass manufacturing, we don't allow any factory-made products. All of these products have to be handmade and hand-manufactured," Amazon Marketplace vice-president Peter Faricy told Reuters.

Markets snap 6-day winning streak; heavyweights drag Nifty below 8,150

Markets snap 6-day winning streak; heavyweights drag Nifty below 8,150

The benchmark indices hit a roadblock after six-straight sessions of gains, amid weak global cues, as investors booked profits at higher levels among financials and index heavyweight shares.

The 30-share Sensex closed lower by 190 points at 26,846 and the 50-share Nifty dipped 48 points at 8,129.

Coal India: production high but valuations low as stake sale looms

Coal India: production high but valuations low as stake sale looms

This year, so far, has been evidently better for Coal India Ltd (CIL) as far as production and offtake volumes are concerned. For instance, production and offtake (or sales volume) for the first six months of FY16 increased 8.9% and 9.3%, respectively, reasonably higher than the past two years’ growth rates for the same period. In fact, September offtake improved by an impressive 15%, which is the best monthly growth in recent years.

Tata Motors’s stern message to vendors: focus on quality

Tata Motors’s stern message to vendors: focus on quality

Focus on quality—that was the stern message that went out to the vendors of Tata Motors Ltd from Cyrus P. Mistry, chairman of the Tata Group at the company’s annual vendors’ meet on Tuesday.

Addressing around 200 suppliers in Pune, Mistry warned that “relationships may get compromised”, if vendors do not work with the company on improving quality, said four people who attended the meet.

Indian Air Force to have women fighter pilots soon, says IAF chief Raha

Indian Air Force to have women fighter pilots soon, says IAF chief Raha

Hindon, Utter Pradesh: The Indian Air Force is now planning to induct women into the fighter aircraft stream, IAF chief Arup Raha said on Thursday.

“We have women pilots flying transport aircraft and helicopters. We are now planning to induct them into the fighter stream to meet the aspirations of young women in India,” Air Chief Marshal Raha said in Hindon as IAF celebrated its 83rd anniversary.

Maruti Suzuki launches Alto K10 ‘Urbano’ edition

Maruti Suzuki launches Alto K10 ‘Urbano’ edition

In an effort to tap the festive season, Maruti Suzuki India (MSIL) on Thursday rolled out limited edition of Alto K10 ‘Urbano’, which will be available at an extra price of Rs 16990 over the existing variants.

The Alto K10 Urbano sports 18 new features and is available on the LX, LXi, VXi and VXi (O) trim levels, including CNG.

Reliance Communications-MTS merger likely by month end

Reliance Communications-MTS merger likely by month end

Anil Ambani’s Reliance Communications and Sistema Shyam Teleservices, majority-owned by Russia’s Sistema JSFC, which entered into talks in June for a possible merger of their operations in the country through a stock swap, are likely to wrap the deal in a month’s time or so.

Though CNBC TV18 reported on Thursday morning that the due diligence is over and the board will meet next month, the two sides denied any such development.

RIL shares slip as report hints at likely theft of gas from ONGC block

RIL shares slip as report hints at likely theft of gas from ONGC block

NEW DELHI: Shares of Reliance Industries (RIL) slipped over 2 per cent in afternoon trade to slip below their crucial level of Rs 900 on Thursday, after draft prospectus from DeGolyer and MacNaughton (D&M) indicated that there was extraction of gas by RIL from ONGC's KG block.

At 02:00 PM, the stock had recouped some of the intraday losses, but was still trading 1.9 per cent lower at Rs 895.30. It hit a low of Rs 892.25, and a high of Rs 915 in trade during the day.

Apollo Hospitals to raise Rs 1,000 crore for expansion

Apollo Hospitals to raise Rs 1,000 crore for expansion

Apollo Hospitals Group will raise up to Rs 1,000 crore through a rights issue and private equity investment to expand its hospital network and specialty clinics across the country. The group plans to complete fund-raising in the next few months.

The group runs 55 hospitals under a listed entity and has a network of clinics, which are managed through a wholly-owned subsidiary. “We plan to raise up to Rs 500 crore through a rights issue for expansion of hospitals and another about Rs 500 crore from private equity investors for the clinics,” said Sangita Reddy, joint managing director of Apollo Hospitals Group.

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