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Insight - Iranian nuclear deal set to make hardline Revolutionary Guards richer | Reuters

Jul 07, 2015 at 00:31 | Source: FirstPost

VIENNA Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.The Revolutionary Guards Corps...

Wall St off session lows as Greece aid deal optimism grows| Reuters

Jul 07, 2015 at 00:30 | Source: FirstPost

REUTERS - U.S. stocks were lower in early afternoon trading, but were well off their lows earlier on Monday as investors remained optimistic that a deal could be reached to prevent Greece's exit from the euro zone.Greeks rejected the conditions of a ...

Buffett donates record $2.84 billion to Gates, family charities| Reuters

Jul 06, 2015 at 23:31 | Source: FirstPost

REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc (BRKa.N) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth.The 10...

Wall St pares losses after IMF says ready to help Greece| Reuters

Jul 06, 2015 at 23:30 | Source: FirstPost

REUTERS - U.S. stocks erased most of their earlier losses, even turning positive briefly, on Monday after the International Monetary Fund said it is ready to assist Greece if asked.Greeks rejected the conditions of a rescue package from creditors on ...

Cast away: Brand new Audi Q3 found floating in sea off Kovalam beach

Jul 06, 2015 at 18:16 | Source: FirstPost

The scenes at the sea near Kovalam on Thursday were fit for an opening sequence of a Sherlock Holmes episode.An abandoned Audi Q3 was found floating near Chennais Kovalam beach in early hours by fishermen. The car, which costs at least Rs 30 lakhs wa...

New Credit Suisse CEO promises ruthlessly selective review - FT| Reuters

Jul 04, 2015 at 09:45 | Source: FirstPost

Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by ab...

BankBazaar.com raises Rs 375 cr in fresh funding round

Jul 02, 2015 at 22:48 | Source: FirstPost

Mumbai: Financial marketplace BankBazaar.com today announced it has raised Rs 375 crore ($60 Million) in a third strategic round of funding led by Amazon with participation from Fidelity Growth Partners and Mousse Partners. Existing investors Sequoia...

'Didn't even get married in white': Criticism grows for Wimbledon's strict dress code

Jul 02, 2015 at 21:36 | Source: FirstPost

London, UK: Wimbledon's famously strict dress code, which requires competitors to appear head-to-toe in white playing gear, has come under renewed fire for being "ridiculous" and "excessive".Even Roger Federer, the seven-time cham...

Religare Enterprises spurts 7 percent on stake sale buzz report

Jul 02, 2015 at 10:17 | Source: FirstPost

Shares of integrated financial services company Religare Enterprises (REL) jumped over 7 percent in early Thursday trade, outperforming the sluggish broad market sentiment amid a media report that two private equity groups are in race to acquire majo...

India aims 8-10% growth, current rate not satisfactory: Jaitley

Jul 01, 2015 at 20:26 | Source: FirstPost

New Delhi: Pitching for a higher growth of 8 to 10 percent to eradicate poverty, Finance Minister Arun Jaitley today said the country is no more satisfied with the current rate."India is no longer satisfied being in the 6 to 8 percent growth. It...

24-weeks of maternity leave and more: Now Flipkart woos women employees with maternal benefits

Jul 01, 2015 at 12:40 | Source: FirstPost

E-commerce major Flipkart has joineda growing list of brick-and-mortar companies that are making the workplace more attractive for women by offering an extended maternity leave of 24 weeks plus four months of flexi-working hours with full pay, and, i...

Indians in cities fall sick more, rural and urban population rely on private doctors: NSSO survey

Jul 01, 2015 at 08:12 | Source: FirstPost

New Delhi: The number of people reportingsick is more in urban India compared to rural areas, whereasthe un-treated spell is more in rural India, a NSSO surveysaid today."A Health Survey conducted by the National Sample SurveyOffice (NSSO) has i...

India asks refiners to buy dollars, euros to settle Iran oil dues| Reuters

Jul 01, 2015 at 01:45 | Source: FirstPost

NEW DELHI India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.Local refiners still owe Ira...

Wall Street trims gains as Greece debt default looms| Reuters

Jul 01, 2015 at 00:45 | Source: FirstPost

REUTERS - U.S. stocks shed some of their early gains on Tuesday as nervous investors wondered whether last-minute talks would produce a bailout deal that would keep Greece in the euro. The Dow Jones Industrial Average and the S&P 500 were up ab...

Disappointment growing over Modi government's reform pace: Moody's

Jun 30, 2015 at 16:59 | Source: FirstPost

New Delhi: Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's on Tuesday said there are growing concerns about risk of policy stagnation and "some disappointment" has emerged over the pa...

Friends with benefits: Lalit Modi's just a beneficiary of India's 'who-you-know' culture

Jun 30, 2015 at 07:45 | Source: FirstPost

The BJPs biggest problem with Laffaire Lalit is that Indians understand the favours-trading at the heart of this scandal far better than they understand 2G spectrums or procurement scandals in defence deals. But the BJPs oppositions biggest problem w...

Wall Street falls as Grexit fears grow, volatility spikes| Reuters

Jun 30, 2015 at 00:45 | Source: FirstPost

U.S. stocks extended their losses in heavy trading on Monday, adding to a global selloff, after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone.All three major indexes fell more than 1 per...

How Uber, Ola and Meru are changing economics of private car ownership

Jun 29, 2015 at 22:53 | Source: FirstPost

A smart city or any city which wants that title should emphasise public transport over private. Unfortunately, the Indian context has favoured private transport (cars, mobikes) over buses and metros (so far), and real estate interests have ensured ...

Friends with benefits: Why Lalit Modi's links has filled everyone with envy

Jun 29, 2015 at 22:18 | Source: FirstPost

The BJPs biggest problem with Laffaire Lalit is that Indians understand the favours-trading at the heart of this scandal far better than they understand 2G spectrums or procurement scandals in defence deals. But the BJPs oppositions biggest problem w...

Friends with benefits: Why Lalit Modi's connections has filled everyone with envy

Jun 29, 2015 at 20:39 | Source: FirstPost

The BJPs biggest problem with Laffaire Lalit is that Indians understand the favours-trading at the heart of this scandal far better than they understand 2G spectrums or procurement scandals in defence deals. But the BJPs oppositions biggest problem w...

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Mkt may fall 2% on Greece vote; buy pvt banks, autos: Kotak

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