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After exiting Flipkart, Mukesh and Ankit team up for healthcare startup play

Mar 23, 2016 at 15:22 | Source: FirstPost

Mukesh Bansal and Ankit Nagori, the two high-profile former executives of ecommerce major Flipkart, are back in the businessas they teamed up to launch a new startup venture in the healthcare and fitness space.According to a report in the Economic Ti...

Rediscovering socialism: Rahul meeting Kanhaiya is not opportunism, but a promising start

Mar 23, 2016 at 13:43 | Source: FirstPost

by G Pramod KumarWhen Kanhaiya Kumar captured the nations imagination with his televised speech at the Jawaharlal Nehru University (JNU) campus after his release from police custody, it appeared to be nothing more than a storm in a tea-cup because th...

India Posts payments bank to launch by March 2017: Prasad

Mar 22, 2016 at 15:59 | Source: FirstPost

New Delhi: Payments bank of Department of Posts is likely to become operational by March 2017, Communications and IT Minister Ravi Shankar Prasad said today."Very soon by March next year we are going to bring in payments bank of the Postal depar...

Wall Street flat as Fed still dominates investor sentiment| Reuters

Mar 22, 2016 at 01:15 | Source: FirstPost

New York Wall Street traded flat on Monday as investors searched for fresh catalysts and grappled with mixed feelings about the U.S. Federal Reserve's dovish move last week that pushed the S&P 500 and Dow into positive territory for the year. U.S...

Marriott wins back Sheraton-owner Starwood with new offer| Reuters

Mar 22, 2016 at 00:45 | Source: FirstPost

Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International Inc (MAR.O), spurning a bid from China's Anbang Insurance Group.The move dr...

Assam poll 2016: Gogoi and wife has movable assets worth Rs 99,83,739

Mar 21, 2016 at 20:57 | Source: FirstPost

Guwahati: Assam Chief Minister Tarun Gogoi and his wife have movable assets worth Rs 99,83,739,while BJP chief ministerial candidate Sarbananda Sonowal, a bachelor, has movable assets worth Rs 70,44,919.Gogoi, contesting for the fourth consecutive te...

Govt likely to permit 100% FDI in 25 more segments of NBFCs

Mar 21, 2016 at 19:27 | Source: FirstPost

New Delhi: Government is expected to propose 100 percent FDI in 25 more segments of NBFCs including commodity broking and infrastructure debt fund with a view to attract more foreign inflows.The proposal, according to sources, is based on the announc...

Kerala Assembly Elections: Poll officer refuses to let govt supply drinking water, Chandy mulls legal action

Mar 21, 2016 at 18:37 | Source: FirstPost

Thiruvananthapuram: The Kerala government is mulling legal action against the chief electoral officer if the poll panel does not allow the state government to resume supply of drinking water to places reeling under water shortage.Addressing reporters...

Starwood signs first U.S.-Cuba hotel deal since 1959 revolution| Reuters

Mar 20, 2016 at 11:30 | Source: FirstPost

HAVANA Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. President Barack Obama was due to visit H...

Married kin cannot be denied accident compensation, rules Madras HC

Mar 18, 2016 at 14:49 | Source: FirstPost

Madurai: The Madras High Court on Fridayheld that excluding married daughters and siblings of those who succumb in motor accidents from claiming compensation for the death would be against the object of the Motor Vehicles Act.Dismissing an appeal fil...

Are you building a strong foundation for creating wealth?

Mar 18, 2016 at 12:48 | Source: FirstPost

People who start saving for their future needs through investments often wonder the important things they need to do when they start investing. Interestingly, the answer lies in doing things that should precede investments in the first place. We are ...

Happy Birthday Saina Nehwal! With badminton success and a biopic coming soon, Indias star shuttler is on a high

Mar 17, 2016 at 16:12 | Source: FirstPost

Birmingham: Biopics are big business in Bollywood. The commercial success in recent years of Indian movies on sports stars such as runner Milkha Singh and boxer Mary Kom have spawned a strong desire for more.Coming soon to the silver screen will be t...

Modi government's has a mixed record, experts tell US lawmakers

Mar 17, 2016 at 13:24 | Source: FirstPost

Washington: Prime Minister Narendra Modi's government record after completion of over two years in power has been "mixed" as despite doing its best to roll out a red carpet for investors, it preferred caution over boldness, an American expe...

JPMorgan, Citi shareholders to vote on potential breakup plans| Reuters

Mar 17, 2016 at 04:15 | Source: FirstPost

Shareholders of JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N) will get to vote on whether their banks should consider breaking into smaller pieces.Citigroup included the question in a proxy statement it filed on Wednesday for its annual mee...

J.P.Morgan, Citi shareholders to vote on potential breakup plans - WSJ| Reuters

Mar 17, 2016 at 03:15 | Source: FirstPost

Shareholders of J.P.Morgan Chase & Co (JPM.N) and Citigroup Inc (C.N) will get to vote on whether the two banks should break up into smaller pieces, the Wall Street Journal reported, citing people familiar with the matter.The question will be inc...

Aadhaar bill passage is the game changer Modi needs: Congress' opposition is all politics

Mar 16, 2016 at 15:32 | Source: FirstPost

The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 will be presented in Rajya Sabha on Wednesday. Incidentally, this is last working day of first half of the budget session of the Parliament.As per the ...

Fed seen holding U.S. rates for now, leaving door open for June hike| Reuters

Mar 16, 2016 at 04:15 | Source: FirstPost

SAN FRANCISCO U.S. Federal Reserve policymakers are seen leaving short-term interest rates unchanged at a two-day policy meeting that began Tuesday, but also to signal that a rate hike is not too far off as long as the job market and inflation contin...

U.S. Fed seen holding U.S. rates for now, leaving door open for June hike| Reuters

Mar 16, 2016 at 02:45 | Source: FirstPost

SAN FRANCISCO U.S. Federal Reserve policymakers are seen leaving short-term interest rates unchanged at a two-day policy meeting that began Tuesday, but also to signal that a rate hike is not too far off as long as the job market and inflation contin...

Volkswagen institutional investors file multi-billion euro suit in Germany| Reuters

Mar 15, 2016 at 01:45 | Source: FirstPost

BERLIN Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said.The lawsuit, for...

Govt aims to double insurance coverage under Pradhan Mantri Fasal Bima Yojana in next few years

Mar 14, 2016 at 22:35 | Source: FirstPost

Mumbai: Government is targeting to double the insurance coverage under crop insurance through Pradhan Mantri Fasal Bima Yojana (PMFBY) in a couple of years, a senior government official said here on Monday.The scheme will be implemented in the countr...

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