WORLD
Father of child rescued by ‘Spider-Man’ immigrant was out playing Pokémon Go
The father faces up to two years in jail for abandoning his parental responsibilities
BUSINESS
Podcast | Market ends flat ahead of May F&O expiry; Nifty holds 10,600
On the sectoral front, the S&P BSE Power index rose 0.2 percent, followed by the S&P BSE Metal index which gained 0.15 percent, and the S&P BSE Banking index rose 0.1 percent.
SCIENCE
Researchers from US university develop self-healing 'robot skin'
The new material is basically liquid microdroplets of a gallium-indium based metal alloy inserted into a soft, elastomer shell
BUSINESS
Nifty ends mildly lower ahead of F&O expiry; Italy crisis, Moody's GDP forecast weigh
Investors also closely monitor the movement in the rupee and crude oil prices, both of which are range-bound after recent sharp moves.
BUSINESS
Jobs galore in logistics sector, 3 million roles will be on offer by 2022
About 1 million of the total 13.9 million total logistics jobs in 2022 will be in e-commerce retail logistics.
BUSINESS
Podcast | Deep dive: All you need to know about GDPR
At the core, GDPR is a new set of rules designed to give EU citizens more control over their personal data
BUSINESS
Google launches ARCore technology in China; Xiaomi’s Mi Mix 2S to be the first supported device
In addition to Xiaomi, Google has confirmed it has Samsung and Huawei as additional partners.
BUSINESS
PNB fraud case: ED attaches 4 wind power plants owned by Nirav Modi in Rajasthan
The plants earn up to Rs 5 crore a year due to share purchase agreement with Rajasthan's state electricity board
BUSINESS
FinMin to start another special refund drive from May 31 to expedite exporters’ GST-related refunds
The ministry’s statement comes a day after Federation of Indian Export Organisations said that GST-related refunds as much as Rs 20,000 crore is pending with the Centre and state tax departments
BUSINESS
Swiggy, BigBasket eyeing purchase of milk delivery startups: Report
The companies are attempting to boost their presence in the online delivery space
CRICKET
Rayudu scored big in IPL, but Kohli's bat did the talking
Ambati Rayudu scored 602 runs from 16 matches at an impressive average of 43 in IPL 2018.
WORLD
This country is banning Facebook to combat fake news
However, citizens of Papua New Guinea were not impressed with the government’s move
BUSINESS
US duo drives Tesla's Model 3 for 975 km in a single charge achieving a new hypermiling record
The Tesla Model 3, however, had to be towed away to a service centre as it could not be charged after the battery was drained
BUSINESS
Hotel Leela reports loss of Rs 15.8 cr in Q4; one-time loss of Rs 32.9 cr
Revenue from operations during the quarter grew by 5.1 percent to Rs 206.4 crore compared to Rs 196.4 crore in corresponding period last fiscal.
TRENDS
Monsoon to arrive in Maharashtra, Goa around June 6: IMD
Interiors of Tamil Nadu, Andhra Pradesh and Telangana can also expect rainfall around June 3
BUSINESS
Alkem Labs Q4 profit tanks 52% to Rs 66 cr but revenue grows 21%
Consolidated revenue from operations increased 20.9 percent to Rs 1,513.2 crore compared to Rs 1,251.4 crore in March quarter 2017.
BUSINESS
Aban Offshore Q4 loss rises to Rs 1,780 cr on poor operational performance
The company has reported net loss of Rs 1,780 crore, which include an impairment loss of goodwill of Rs 1,003 crore.
BUSINESS
Moody's cuts India's 2018 GDP growth forecast to 7.3% from 7.5%
Economic Affairs Secretary Subhash Chandra Garg on Monday said it was expected that annual growth was between 7.3 and 7.5 percent in the March quarter.
BUSINESS
Walmart to avoid food-only retailing in India: Report
The retail giant wants to escape the riders associated with 100 percent FDI in food retail.
BUSINESS
SBI hikes rates on short-to-medium term fixed deposits by up to 25 bps
The rates have been kept the same for deposits above Rs 1 crore
BUSINESS
Ganesh Benzoplast Q4 profit jumps 18-fold to Rs 58 cr on one-time gain, operational income
The company said exceptional income of Rs 51.25 crore is on account of effect of write back as per the sanctioned DRS of the company.
BUSINESS
Marksans Pharma reports profit of Rs 4.3 crore in March quarter
The board has recommended dividend of 5 percent per equity share of Re 1 each for the financial year 2017-18.
BUSINESS
Marksans Pharma gains 8% on reporting profit in March quarter
Revenue of the company was up 61 percent at Rs 87 crore versus Rs 54 crore.
BUSINESS
Dilip Buildcon stock sinks 14% as Q4 profit miss analyst estimates
Profit for the quarter increased 11 percent year-on-year to Rs 217.4 crore, but was lower than Nomura estimates of Rs 292 crore due to exceptional loss and higher tax expenses.
