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…
BUSINESS
Last hour recovery helps Sensex end just 20 pts lower, Nifty above 10,750; pharma sees big gains
Defensives gain on a weak day of trade, but last hour fight by the bulls helps them trim losses.
BUSINESS
Air India employees to get salaries as government resumes equity infusion
The government has decided to resume the equity infusion into the ailing flag carrier, which it had stopped after deciding to sell the airline.
BUSINESS
Within days of launch, Virat Kohli's statue damaged by eager crowds at Madame Tussauds Delhi
A Madame Tussauds official said that Kohli’s statue has become a huge attraction. People flocked around the statue to take pictures and that, probably, led to the damage.
BUSINESS
'Don't want to be Bitcoin spokesman': Jamie Dimon's latest comment on popular cryptocurrency
In an interview, Dimon along with Warren Buffet were asked about their views and opinions regarding cryptocurrency.
BUSINESS
UTI MF launches an open-ended Nifty 50 index fund; offer to close on June 22
The scheme will invest its entire corpus in securities covered by the underlying index
POLITICS
Congress to 'rotate' its ministers in Karnataka Assembly
AICC General Secretary KC Venugopal also said no first-time MLAs are being inducted into the cabinet for the time being
BUSINESS
Tata Motors zooms 3% as group global wholesales jump 24% in May
Its global wholesales of all passenger vehicles were at 66,354 units higher by 14%, compared to May 2017.
BUSINESS
No re-inspection at Sun Pharma’s Halol unit sends stock soaring 9%
According to a report on CNBC-TV18, the company has received a voluntary action initiated (VAI) status for its Halol plant from US FDA.
POLITICS
Police uncover 'Rajiv Gandhi-type assassination plot' against PM Modi
A letter recovered by the police also points at an alleged nexus between the Congress, Dalit leader Jignesh Mewani, JNU student Umer Khalid and Maoists
TECHNOLOGY
Researchers use AI-enabled drone to spot violent behaviour in crowds
In the research paper titled 'Eye in the Sky', the researchers described that they have designated certain postures of human beings as violent.
BUSINESS
More than 18% MSMEs shut shop in Tamil Nadu in 2017-18, employees down by over 5 lakh: Report
Four factors that have led to MSMEs wind up their operations include 2015 floods, Cyclone Vardah, demonetisation and GST.
CURRENT-AFFAIRS-TRENDS
QS University Rankings: IIT-Bombay leaves IIT-Delhi behind in world university rankings
QS Quacquarelli Symonds Limited ranks the world’s 1000 best universities from 85 countries using various parameters
TRENDS
Global Peace Index report: World less peaceful today than at any time in the past decade
According to the report, the top five most peaceful countries in the world are Iceland, New Zealand, Austria, Portugal, and Denmark.
BUSINESS
Dr Reddy’s gains 3% as co lines up 15 product launches in US for FY19
The Hyderabad-based drug major also remains optimistic for a double digit growth in the domestic market in the ongoing financial year.
BUSINESS
E-commerce sales in India could jump 31% in 2018: Report
By 2022, the sector is expected to be worth USD 71.94 billion.
INDIA
Husband can't use wife's debit card, says court on SBI-customer three-and-a-half-year-old squabble
In November 2013, a Bengaluru resident handed over her SBI debit card and PIN to her husband, to withdraw Rs. 25,000 from the ATM. The ATM delivered a debit confirmation slip without dispensing the cash
BUSINESS
Think you can spot winners, losers better than experts? Check out Ambit Capital’s confession
“After some soul searching, the team presents the worst of its buy and sell ideas over the past 12 months,” Ambit’s Institutional Equities said in the report.
BUSINESS
Japanese financial regulator blames executives in its first crypto-exchange rejection report
The FSA in a report said it was rejecting FSHO's application after the exchange failed to comply with its suggestions following on-site inspections earlier in the year
TRENDS
Anand Mahindra procures Thar used in Rajnikanth's movie Kaala for his museum
Last year in May, Anand Mahindra had requested the producers on Twitter asking for the Thar used in the movie Kaala to be preserved in the company's automobile museum.
INDIA
Over 25 lakh Maharashtra farmers waiting to get crop insurance claims worth Rs 800 crore
The claims of 20 lakh farmers were settled after CM’s direction, costing around Rs 1,500 crore, but another 25 lakh are pending
BUSINESS
Cipla rises nearly 3% as company to market Eli Lilly's diabetes drug
Under this agreement, Lilly’s BASAGLAR that is manufactured by Lilly will be marketed and distributed in India by Cipla.
TECHNOLOGY
NASA reveals conclusive evidence of Earth-like organic compounds on Mars
Lead author of second paper Chris Webster of NASA's Jet Propulsion Laboratory said, “This is the first time we've seen something repeatable in the methane story, so it offers us a handle in understanding it."
BUSINESS
In a boost for logistics industry, truck axle load permit to be hiked by 20-25%: Report
The load allowance has been raised for the first time in 30 years
