BUSINESS
IIT Bombay to develop world-class labs, launch skill-based courses under Institute of Eminence tag
The Institutes of Eminence are proposed to have greater autonomy in comparison to other higher education institutions
WORLD
Kylian Mbappe to donate World Cup earnings to charity
The young star of FIFA World Cup 2018, Mbappe to donate Rs. 3.5 crore towards charity.
ECONOMY
New Rs 100 note may be violet-coloured, smaller in size: Report
The new notes will be printed using indigenous ink.
BUSINESS
Mindtree Q1 results: Watch out for continuing revenue growth, lower margins
In the previous quarter, Mindtree reported revenue of Rs 1,464 crore. This quarter, analysts polled by Reuters, expect the company to post revenue of Rs 1,566.3 crore.
BUSINESS
Videocon Industries Q4 net loss at Rs 2,469 crore
The debt-ridden company has been admitted to NCLT and saw total income dipping 97% in Q4FY18
INDIA
President approves Bill against witch hunting in Assam
The President gave his affirmation to the Bill on June 13, which categorises any offence under the act as non-bailable, cognisable and non-compoundable.
INDIA
Government orders inspection in all Mother Teresa care homes
An official in the Women and Child Development Ministry said that registration of CCIs and their linking with the Central Adoption Resource Authority (CARA) is mandatory as per the Juvenile Justice (Care and Protection of Children) Act, 2015, but some orphanages have challenged the validity of the clause.
TECHNOLOGY
Yamaha launches new Rally edition Cygnus Ray ZR priced at Rs 57,898
The new variant sports a few cosmetic updates and Yamaha says it offers more appeal with its youthful styling. The scooter is available in two colours, rally red and racing blue.
INDIA
Centre may soon allow carrying only digital version of your vehicle's documents
In another relief to vehicle owners, the ministry has proposed to extend time limit of annual fitness test to once in two years.
INDIA
AgustaWestland chopper deal: India fails to provide evidence against middlemen in UAE court
The Indian government was scheduled to produce evidence against an alleged middlemen before UAE courts by May 19. However, even after it was given 45 additional days, it failed to provide an proof suggesting his involvement in the case.
BUSINESS
IDBI Bank to seek govt nod for LIC investment
Once the government gives a go-ahead, the LIC-IDBI Bank deal will need RBI and Sebi approval
BUSINESS
Podcast | TRAI backs data privacy, says ownership of data lies with consumers
TRAI said it would like to see consumers being given the 'Right to be Forgotten'.
BUSINESS
Govt announces Rs 11,336 crore capital infusion in 5 PSU banks
The five banks are Punjab National Bank (PNB), Indian Overseas Bank (IOB), Andhra Bank, Corporation Bank & Allahabad Bank.
WORLD
Know more about today's Google Doodle: Georges Lemaitre
Lemaitre was a civil engineer, who served as an artillery officer in the Belgian Army during World War I, before studying physics.
BUSINESS
Petronet LNG Q1 PAT seen up 20.3% YoY to Rs. 534.8 cr: Kotak
Net Sales are expected to increase by 40.2 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 9,023.5 crore, according to Kotak.
BUSINESS
Oil India Q1 PAT seen up 40.2% YoY to Rs. 631.2 cr: Kotak
Net Sales are expected to increase by 19.6 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 2,788.6 crore, according to Kotak.
BUSINESS
ONGC Q1 PAT seen up 28.7% YoY to Rs. 5,000.3 cr: Kotak
Net Sales are expected to increase by 22.4 percent Y-o-Y (down 2.6 percent Q-o-Q) to Rs. 23,349.7 crore, according to Kotak.
WORLD
Karnataka expats in Saudi Arabia feel the pinch of family tax
Few companies have stepped forward to compensate their employees for the dependent fee but most people have to it pay it themselves.
BUSINESS
Mahanagar Gas Q1 PAT may dip 2.2% YoY to Rs. 121.6 cr: Kotak
Net Sales are expected to increase by 17.2 percent Y-o-Y (up 6 percent Q-o-Q) to Rs. 622.2 crore, according to Kotak.
BUSINESS
IOCL Q1 PAT seen up 87.9% YoY to Rs. 5,009.8 cr: Kotak
Net Sales are expected to increase by 29.7 percent Y-o-Y (up 13.4 percent Q-o-Q) to Rs. 1,33,121 crore, according to Kotak.
TECHNOLOGY
Honor 9N to be launched in India on July 24
The new handset will hit the market on July 24
BUSINESS
Indraprastha Gas Q1 PAT seen up 10% YoY to Rs. 202.2 cr: Kotak
Net Sales are expected to increase by 25.1 percent Y-o-Y (up 7.8 percent Q-o-Q) to Rs. 1,312.1 crore, according to Kotak.
BUSINESS
HPCL Q1 PAT seen up 48.5% YoY to Rs. 1,373 cr: Kotak
Net Sales are expected to increase by 28.7 percent Y-o-Y (up 13.1 percent Q-o-Q) to Rs. 68,787.6 crore, according to Kotak.
BUSINESS
GSPL Q1 PAT may dip 6% YoY to Rs. 143.4 cr: Kotak
Net Sales are expected to increase by 24.6 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 369.3 crore, according to Kotak.
