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Haryana govt proposes cut in prize money for athletes employed with Central organisations

INDIA

Haryana govt proposes cut in prize money for athletes employed with Central organisations

The proposal comes shortly after the state's government asked sports persons to pay up 30 percent of their income from commercial endorsements

Virgin Hyperloop One to invest Rs 3,000 crore in Pune-Mumbai Hyperloop track

BUSINESS

Virgin Hyperloop One to invest Rs 3,000 crore in Pune-Mumbai Hyperloop track

The hyperloop route will link central Pune, Navi Mumbai International Airport, and Mumbai in 25 minutes.

Sensitive case files from Kochi High Court go missing - once again

INDIA

Sensitive case files from Kochi High Court go missing - once again

The incident has been noticed in November 2016; however, no action has been taken since then.

US exits UNHRC and Paris climate agreement. Is NAFTA next on President Trump's list?

WORLD

US exits UNHRC and Paris climate agreement. Is NAFTA next on President Trump's list?

US, Canada and Mexico are in negotiations to update to the North American Free Trade Agreement (NAFTA).

SEC threats prompt John McAfee to refrain from promoting ICOs

BUSINESS

SEC threats prompt John McAfee to refrain from promoting ICOs

Earlier in April, McAfee had revealed that he charges $105,000 per tweet to promote cryptocurrency projects and products.

Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears; InterGlobe dips

BUSINESS

Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears; InterGlobe dips

Oil retailers IOC, HPCL and BPCL were down 0.7-2 percent on rising crude prices in the international markets.

News in Pics: Your daily dose of pictures from around the world

BUSINESS

News in Pics: Your daily dose of pictures from around the world

Moneycontrol brings to you select pictures that are making headlines across the globe…

With 2019 polls around the corner, a look at BJP's souring relations with its allies

BUSINESS

With 2019 polls around the corner, a look at BJP's souring relations with its allies

With 2019 Lok Sabha elections in sight and Opposition parties joining hands for a grand alliance to fight the ruling government, the BJP is leaving no stone unturned to woo its associate parties

Meet Paytm's new Advisor — former RBI Deputy Governor Rama Subramaniam Gandhi

BUSINESS

Meet Paytm's new Advisor — former RBI Deputy Governor Rama Subramaniam Gandhi

The 62-year-old was a member of the first Monetary Policy Committee.

ITR 2018-19: Six changes you need to focus on while computing taxes to file returns

BUSINESS

ITR 2018-19: Six changes you need to focus on while computing taxes to file returns

Don't forget these changes while filing tax returns this year.

TRON's Justin Sun to buy BitTorrent for $140 million

WORLD

TRON's Justin Sun to buy BitTorrent for $140 million

TRON is a blockchain based startup founded by Justin Sun, who has previously worked for Ripple.

Arvind Subramanian quits highlights: No firm date fixed for my departure, says CEA

BUSINESS

Arvind Subramanian quits highlights: No firm date fixed for my departure, says CEA

Live updates of the press conference being held by Chief Economic Adviser Arvind Subramanian after he resigned due to family commitments.

'All-you-can-eat' promo drives restaurant in China to bankruptcy

WORLD

'All-you-can-eat' promo drives restaurant in China to bankruptcy

The restaurant offered the 'all-you-can-eat deal' to the membership card holders.

Bank of Maharashtra’s shares tank 7% after CMD, 5 others arrested in fraudulent loans case

BUSINESS

Bank of Maharashtra’s shares tank 7% after CMD, 5 others arrested in fraudulent loans case

The lender’s Chairman and Managing Director (CMD) Ravindra Marathe along with five others have been arrested for extending fraudulent loans to Pune-based DSK Group, police said.

HDFC Bank asks executive to 'don't engage customer further' and assign 'if ranting' on Twitter query

BUSINESS

HDFC Bank asks executive to 'don't engage customer further' and assign 'if ranting' on Twitter query

The bank, however, deleted the tweet and apologised later. It admitted that the earlier tweet was “inappropriate and inadvertent.”

Chief Economic Adviser Arvind Subramanian on his way out, says Arun Jaitley through Facebook post

BUSINESS

Chief Economic Adviser Arvind Subramanian on his way out, says Arun Jaitley through Facebook post

Personally I will miss his dynamism, energy, intellectual ability and ideas, says Jaitley...

Unichem Laboratories rises 9% on settlement agreement with Eli Lilly

MARKETS

Unichem Laboratories rises 9% on settlement agreement with Eli Lilly

Under the settlement agreement, company expects to launch its generic tadalafil product in the United States on or not before March 26, 2019 under certain circumstances.

Buy Insecticides India: Soumen Chatterjee

BUSINESS

Buy Insecticides India: Soumen Chatterjee

Insecticides India is trading at a trailing P/E 17.8 times. Earnings of the next two quarters will play a major catalyst, says Soumen Chatterjee of Guiness Securities.

Buy NOCIL, target Rs 240: Soumen Chatterjee

BUSINESS

Buy NOCIL, target Rs 240: Soumen Chatterjee

NOCIL has a healthy balance sheet with a debt-to-equity ratio of around 0.20 times. It is trading around 16 times its trailing earnings. Our target price on the stock is Rs 240 per share, says Soumen Chatterjee of Guiness Securities.

Accumulate Ashok Leyland, target Rs 183: Soumen Chatterjee

BUSINESS

Accumulate Ashok Leyland, target Rs 183: Soumen Chatterjee

We maintain our accumulate rating with a price target of Rs 183 per share, says Soumen Chatterjee of Guiness Securities.

Accumulate JSW Steel, target Rs 435: Soumen Chatterjee

BUSINESS

Accumulate JSW Steel, target Rs 435: Soumen Chatterjee

We maintain our accumulate rating with a target price of Rs 435 per share, says Soumen Chatterjee of Guiness Securities.

Buy Jamna Auto Industries: Soumen Chatterjee

BUSINESS

Buy Jamna Auto Industries: Soumen Chatterjee

The company maintains its industry leading return on equity of 30 percent and modest debt/EBITDA of 0.3 times, says Soumen Chatterjee of Guiness Securities.

Odisha consumers annoyed with shortage of LED bulbs under UJALA scheme

BUSINESS

Odisha consumers annoyed with shortage of LED bulbs under UJALA scheme

The consumers have also complained about how the products were sold in an unsystematic manner and without authentic bills.

IL&FS' Vibhav Kapoor is betting on these 5 sectors, should you?

BUSINESS

IL&FS' Vibhav Kapoor is betting on these 5 sectors, should you?

Kapoor said the basic texture of state-run banks has to change in terms of management and decision making.

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