Tag Archives: After

Govt to initiate PSU bank consolidation process after Q1 numbers

The government in February had approved the merger of these five associate banks with SBI. Photo: Hemant Mishra/Mint New Delhi: The finance ministry is expected to initiate the process of consolidation of public sector banks (PSBs) once the first quarter results of the current fiscal have been announced, a senior official has said. There are various things including financial performance which ... Read More »

Tobacco stocks rebound after sharp plunge

Tobacco stocks today bounced back rising by up to 3 % on value buying, a day after a sharp plunge in the wake of higher cess. The stock of ITC made a positive opening and gained 2.56 % to Rs 291.90 on the BSE. On the volume front, 14.98 lakh shares of the company were traded on the BSE and ... Read More »

India-China border row: Cong slams BJP after Gujarat’s deal with Chinese car firm

The impact of the Sino-India border stand-off in Sikkim is being felt in faraway Gujarat, where the BJP government signing an MoU with a Chinese automobile firm invited the charge of “betrayal” from the opposition Congress. The Gujarat government on Wednesday signed an MoU with China’s SAIC Motor Corp for setting up a passenger car manufacturing facility at Halol in ... Read More »

Confidence Boomed After the Election. The Economy Hasn’t.

After Donald J. Trump won the presidential election, Americans’ optimism about the economic future soared. But midway through the year, that optimism has not translated into concrete economic gains. This seeming contradiction exposes a reality about the role of psychology in economics — or more specifically, how psychology is connected only loosely to actual growth. It will take more than ... Read More »

Priyanka Chopra Deletes Holocaust Memorial Selfies After Being Told Off By Twitter

Priyanka Chopra at the Holocaust Memorial in Berlin (Courtesy: RiverdaleCWFans) NEW DELHI:  HIGHLIGHTS Priyanka was trolled for posting selfies from the Holocaust Memorial Twitter has given her a stern lesson in appropriate respectful behaviour Priyanka was in Berlin to promote Baywatch   Actress Priyanka Chopra offended two separate sets of folks with two separate sets of social media posts while ... Read More »

Market Live: Sensex, Nifty trade firm; pharma rises after days of correction

European bourses are expected to open lower Tuesday, as investors shift their attention to political events going on in Europe and overseas. The London FTSE 100 index is called to open 14 points lower at 7,533, the German DAX down 13 points at 12,614 and the French CAC down 22 points at 5,310, according to IG. 12:20 pm Market Check: ... Read More »

Business Partner Kills Property Dealer Month After Wiping Out His Family

New Delhi: A 45-year-old property dealer was shot dead by his business partner over a financial dispute in outer Delhi’s Burari area, police said on Sunday, adding that the accused had also confessed to killing the victim’s family of five last month. Police said the victim, identified as Munnawar Hassan, was released on parole last week as his wife and ... Read More »

How ‘Consumer Relief’ After Mortgage Crisis Can Enrich Big Banks

A home in Henderson, Nev., that was foreclosed. Some deals by big banks to provide mortgage relief for borrowers have a built-in profit incentive. CreditMax Whittaker for The New York Times In every multibillion dollar settlement with a big bank that peddled faulty mortgage securities, a major provision has been a requirement that the bank provide “consumer relief.” In the ... Read More »

Cyrus Mistry to fight it out in NCLT after failing to stop his expulsion

Ousted Tata Group Chairman Cyrus Mistry will continue his fight against Ratan Tata and the board of Tata Sons at the National Company Law Tribunal (NCLT), despite the appellate tribunal rejected his family firms’ appeal to stop Tata Sons shareholders’ meeting, which is scheduled for February 6, for removing him from its board. Mistry has started the legal battle for ... Read More »

Jamie Oliver to shut six Jamie’s Italian restaurants amid ‘tough trading’ after Brexit

Jamie Oliver has announced he is to close six of his Italian restaurants, blaming tough trading amid rising Brexit cost pressures. The celebrity chef’s company said outlets in Aberdeen, Cheltenham, Exeter, Richmond, Tunbridge Wells and Ludgate Hill, London, will close by the end of March. Simon Blagden, chief executive of Jamie Oliver Restaurant Group, said: “As every restaurant owner knows, this is a tough ... Read More »