Money

Tata Sons raises Rs 8989.84 crore in upsized TCS offering

Tata Sons raises Rs 8989.84 crore in upsized TCS offering Mumbai: Tata Sons on Tuesday sold around 3.13 crore shares of Tata Consultancy Services ( TCS ) through open market transactions, raising almost Rs 9,000 crore. Tata Sons plans to use the money it raises to pay lenders to the company's subsidiary Tata Teleservices and raise stake in some other units, unidentified people told the news outlet. [Full Article...]

Major Markets in Delhi call for 'band' today against sealing drive

Major Markets in Delhi call for 'band' today against sealing drive Congress president Rahul Gandhi on Tuesday accused the BJP and the AAP of "collusion" on the ongoing "sealing drive" issue and asked both the parties to stop blaming each other and find an immediate solution to the problem. From AAP, among those who were present included AAP's Rajya Sabha MP Sanjay Singh and MLA Somnath Bharti. Mr Maken also attacked the BJP for boycotting the meet. [Full Article...]

United Airlines Apologize For A Dog's Death

United Airlines Apologize For A Dog's Death A dog was found dead on a flight from Houston to NY after a flight attendant apparently forced its owner to place it in the overhead bin, People reports. Other staff "were professional and did a wonderful job gathering information and being as supportive to the mourning family as possible", Gremminger said. [Full Article...]

Amazon Is Recalling These Battery Chargers Over Fire Fears

Amazon Is Recalling These Battery Chargers Over Fire Fears However, that brand has been tarnished a little today on news that some AmazonBasics power banks are a fire hazard, and Amazon sold these faulty accessories for almost three years. The potentially risky models of the AmazonBasics Power Banks can no longer be purchased. The U.S. Consumer Product Safety Commission on Tuesday said the online retailer had received 53 complaints about the AmazonBasic... [Full Article...]

This 3D Printed Small Concrete House Costs Just $10000

This 3D Printed Small Concrete House Costs Just $10000 There are countless people across the globe without adequate housing and despite all of the efforts being made by governments and non-profits, there's still a long way to go before housing can be secured for those in dire need of it. Within the office, the construction tech company plans to install air quality monitors and keep an eye on how the 3D printed structure looks and smells. [Full Article...]

Dicks Sporting Goods Inc Stock Hit Hard by Revenue Miss, Comparable Sales

Dicks Sporting Goods Inc Stock Hit Hard by Revenue Miss, Comparable Sales Market capitalization is the total market value of all of a company's outstanding shares. Canaccord Genuity set a $27.00 price target on shares of Dicks Sporting Goods and gave the company a "hold" rating in a research report on Sunday, November 12th. [Full Article...]

SBI reduces minimum balance charges to Rs 15

SBI reduces minimum balance charges to Rs 15 In semi-urban, SBI will charge a minimum of Rs.7.50 and the maximum charge of Rs.12 plus GST. SBI has also slashed charges for not-maintenance of Rs2,000 as ABM in bank accounts in semi-urban areas to Rs7.50-12 and Rs1,000 in accounts in rural area to Rs5-10. [Full Article...]

Shares in BT Group plc (BT) Acquired by Kendall Capital Management

Shares in BT Group plc (BT) Acquired by Kendall Capital Management About 1.05M shares traded or 250.20% up from the average. CBIZ, Inc. (CBZ) has risen 47.49% since March 13, 2017 and is uptrending. It has outperformed by 15.16% the S&P500. The company now has an average rating of Buy and an average target price of GBX 1,921 ($26.54). Barclays Capital maintained Diploma PLC (LON:DPLM) rating on Friday, November 24. [Full Article...]

Oil prices fall, while demand for US Treasuries stays strong

Oil prices fall, while demand for US Treasuries stays strong Commodity Futures Trading Commission. The United States has become the world's no. 2 crude oil producer, ahead of top exporter Saudi Arabia. The split is driven by differing views over whether $70 a barrel would send US shale companies into a production frenzy that could cause prices to crash. [Full Article...]

Larry Page's flying taxis might take off in New Zealand by 2021

Larry Page's flying taxis might take off in New Zealand by 2021 Once it's in the air, all those propellers provide more traditionally plane-like forward thrust. Now, according to The New York Times , Kitty Hawk will on Tuesday announce it has reached an agreement with the government of New Zealand to test its aircraft in order to get officially certified for flying in the country. [Full Article...]

Oil prices fall as relief over falling United States rig count fades

Oil prices fall as relief over falling United States rig count fades West Texas Intermediate, the US benchmark for the price of oil, was down 0.6 percent to $61.67 per barrel. Brent crude futures slipped 54 cents, or 0.8 per cent, to settle at US$64.95 per barrel. Despite the lower rig count, an early indicator of future output, activity remains much higher than a year ago. Hours before late Tuesday's American Petroleum Institute's and Wednesday's U.S. [Full Article...]

Hillary Clinton takes her 'deplorables' argument for another spin

Hillary Clinton takes her 'deplorables' argument for another spin Clinton then told a story from the second debate between her and Trump , a town hall-style debate. "If people were looking for the reality TV campaign, maybe I should have given them more entertainment", she said. "Make America Great Again" was looking backwards. "I want to thank India's leadership and commitment to bring other countries to the recognition of threat posed by climate change"... [Full Article...]

PSG supremo to meet Neymar as star reveals Barcelona want him back

PSG supremo to meet Neymar as star reveals Barcelona want him back It comes amid reports that the striker is considering a swift exit from Paris following his world record transfer last summer. Paris St Germain president Nasser Al-Khelaifi has flown to Brazil for talks with Neymar over his future, according to reports. [Full Article...]

Trump blocks Singapore-based company's buyout of United States chipmaker, citing national security

Trump blocks Singapore-based company's buyout of United States chipmaker, citing national security President Trump on Monday blocked Broadcom's bid for the chip maker Qualcomm , citing national security concerns. The news extends President Trump's tough stance on foreign investment in America. On April 5th, Qualcomm stockholders were to vote on their company's 11-seat Board of Directors. More interesting news about QUALCOMM Incorporated (NASDAQ: QCOM ) were released by: Streetinsider... [Full Article...]

India grounds 11 A320neos with PW1100 engines

India grounds 11 A320neos with PW1100 engines The grounded planes, including the one that had a mid-air failure, all have Neo engines. Pratt & Whitney said in a statement that the issue affected a "limited sub-population of engines", without elaborating. "This condition, if not corrected, could lead to dual engine shutdown". As recently as February, the DGCA had ordered IndiGo to not fly three of its jets. [Full Article...]

The Williams Sisters rivalry continues Monday, 3 matches into Serena's comeback

The Williams Sisters rivalry continues Monday, 3 matches into Serena's comeback Then she faced the tough Kiki Bertens , and Serena made it through that match in straight sets as well . It will be their 29th match against each other, but first ever at the BNP Paribas Open . "I still have a lot to give". "She's playing really well and just honing her game". Talking about competing in the upcoming Grand Slams tournament, Serena was quoted as saying, "If I want to play... [Full Article...]

Tesla suspended production of Model 3 briefly in late February

Tesla suspended production of Model 3 briefly in late February Praxair, Inc. (NYSE:PX) has risen 17.42% since March 12, 2017 and is uptrending. It has outperformed by 27.73% the S&P500. Matthew Hulsizer decreased its stake in Tesla Inc (Call) ( TSLA ) by 12.84% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Air Canada computer glitch causing long lines across Canadian airports

Air Canada computer glitch causing long lines across Canadian airports Earlier on Monday, Vancouver International Airport and Calgary International Airport took to Twitter to inform passengers there were technical issues with Air Canada's computer systems nationwide that were causing congestion. Officials say they have implemented temporary measures to "maintain a limited operation" while the airline's IT department works to identify the issue and restore service... [Full Article...]

Australia expects waiver of new U.S. tariffs after Trump-Turnbull phone call

Australia expects waiver of new U.S. tariffs after Trump-Turnbull phone call Under WTO rules, such countermeasures have to be in place within 90 days of the USA tariffs entering force. The American president made his comments after crunch talks in Brussels between European Union negotiators and US Trade Representative Robert Lighthizer in an effort to defuse a bitter row that many fear could turn into an all-out trade war . [Full Article...]

Retail inflation eases to 4.4% in February; IIP grows 7.5% in January

Retail inflation eases to 4.4% in February; IIP grows 7.5% in January Besides, industry bodies yet again nudged the RBI to lower interest rate as retail inflation fell to a 4-month low of 4.44 percent in February. Consumer price inflation (CPI) was at 5.07% in January. In all 16 out of 23 industry groups in the manufacturing sector showed growth in January. However, Assocham Secretary General D S Rawat said it would be safe to assume that a lot of advantage ha... [Full Article...]


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