The Financial Express.The Financial Express.

Madras High Court restrains Pepsi, Coca-Cola from using Tamirabarani water

PTI — Tue, 22 Nov 2016 01:34:50 +05:30

The Madras High Court today restrained leading soft drink manufacturers Pepsi and Coca-Cola from using water drawn from the Tamirabarani river for their bottling plants in Tirunelveli district.

The post Madras High Court restrains Pepsi, Coca-Cola from using Tamirabarani water appeared first on The Financial Express..

India assumes responsibility in Indo-Asia Pacific: Ram Madhav

PTI — Tue, 22 Nov 2016 01:24:42 +05:30

India, along with its neighbours, assumes the responsibility of establishing peace and "law and order" in the Indo-Asia Pacific region, but expects the US to continue its pivotal role there, a senior BJP leader has said.

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Quikr acquires home rental start-up Grabhouse

FE Bureau — Tue, 22 Nov 2016 01:11:31 +05:30

Quikr, the online classified portal, has acquired home rental start-up Grabhouse in continuation with its policy of buying out competition.

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Demonetisation: 73-yr-old commits suicide anxious over fate of money in bank

PTI — Tue, 22 Nov 2016 01:03:26 +05:30

A septuagenarian today allegedly committed suicide anxious over the fate of his hard earned money in a service cooperative bank near Erumely in the district.

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Demonetisation has left rural economy in Tamil Nadu at standstill: CBEF

PTI — Tue, 22 Nov 2016 00:55:39 +05:30

Alleging that demonetisation had left the rural economy in Tamil Nadu at a standstill, Cooperative Bank Employees Federation (CBEF) staged a demonstration in front of the RBI office here today, demanding withdrawal of the circular directing not to accept old Rs 500 and Rs 1,000 notes.

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Demonetisation – key takeaways on day 13

FE Online — Tue, 22 Nov 2016 00:24:17 +05:30

Ever since the demonetisation drive undertaken by the government and announced by Prime Minister (PM) Narendra Modi on November 8 2016, the country have witnessed a plethora of events, some funny, some serious and some very serious in nature. Marriages have been stopped or postponed, suicides due to fear, murder due to panic and deaths of infants and old citizens have taken place simply because of non refusal.

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PM Narendra Modi condemns Kabul attack; says, support to terrorism must end

FE Online — Mon, 21 Nov 2016 23:47:27 +05:30

PM Narendra Modi in a series of tweets condemned the Kabul shrine attack where several Shi'ites were killed.

The post PM Narendra Modi condemns Kabul attack; says, support to terrorism must end appeared first on The Financial Express..

BJP MLA Krishna Khopde’s sons booked over youth’s death in bar fight

PTI — Mon, 21 Nov 2016 23:44:13 +05:30

Two sons of a local BJP MLA have been booked for attempt to murder after they allegedly got into a drunken brawl at a bar here, which resulted in death of a 21-year-old man, police said today.

The post BJP MLA Krishna Khopde’s sons booked over youth’s death in bar fight appeared first on The Financial Express..

Arvind Kejriwal accuses Amarinder Singh of having Swiss bank accounts

PTI — Mon, 21 Nov 2016 23:34:51 +05:30

AAP's national convener and Delhi Chief Minister Arvind Kejriwal today accused Punjab Congress chief Amarinder Singh and his family of having "ill-gotten money" stashed in Swiss bank accounts, a charge strongly rejected by the former Chief Minister.

The post Arvind Kejriwal accuses Amarinder Singh of having Swiss bank accounts appeared first on The Financial Express..

Cost of demonetisation: FY17 GDP to take 40 bps hit, says Icra

PTI — Mon, 21 Nov 2016 23:11:53 +05:30

Indian economy is expected to slow by at least 40 bps to 7.5 per cent for the full financial year due to the demonetisation drive, which is likely to create a lull in consumption-oriented sectors in the short term, rating agency Icra said today.

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Sonia Gandhi interview with Rajdeep Sardesai: Here are the top 5 quotes by the Congress president

FE Online — Mon, 21 Nov 2016 23:09:52 +05:30

Congress president Sonia Gandhi said that she is not bothered by the fact that many draw a comparision between the two Prime Minister relating them with strong personalities.

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S&P, Dow eye record; techs boost Nasdaq to all-time high

Reuters — Mon, 21 Nov 2016 22:53:15 +05:30

The Nasdaq hit a record intraday high on Monday, while the S&P and the Dow were within a hair's breadth of their all-time highs, helped by a jump in technology shares and as a surge in oil prices boosted energy stocks.

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Make funds available to farmers through co-ops: FM Arun Jaitley to banks

PTI — Mon, 21 Nov 2016 22:26:44 +05:30

Government today asked banks to provide resources to cooperative institutions with which they are associated to meet cash requirements of the farm sector during the ongoing rabi season.

The post Make funds available to farmers through co-ops: FM Arun Jaitley to banks appeared first on The Financial Express..

PFRDA mulls up to 10-time hike in commission for fund managers

PTI — Mon, 21 Nov 2016 22:19:22 +05:30

Pension fund regulator PFRDA is planning to increase the commission for pension fund managers by 10 times to 0.1 per cent from the present 0.01 per cent, a top official said today.

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Demonetisation: Implication of repayment relief splits microfinance industry

Mithun Dasgupta — Mon, 21 Nov 2016 21:58:04 +05:30

The country's microfinance institutions (MFIs), which are severely hit by the ongoing demonetisation process of high value notes, on Monday expressed a divided opinion on the implications of additional 60 days repayment...

The post Demonetisation: Implication of repayment relief splits microfinance industry appeared first on The Financial Express..

Cyrus Mistry, Ratan Tata row: Nusli Wadia files defamation case against Tata Sons

FE Online — Mon, 21 Nov 2016 21:39:31 +05:30

Within days of Tata Sons seeking the removal of Nusli Wadia as independent director by the group holding company, the Wadia group chairman today responded by terming the allegations made against him as false.

The post Cyrus Mistry, Ratan Tata row: Nusli Wadia files defamation case against Tata Sons appeared first on The Financial Express..

Portuguese PM Antonio Costa to be chief guest at 14th Pravasi Bharatiya Divas Convention

PTI — Mon, 21 Nov 2016 21:37:31 +05:30

Portuguese Prime Minister Antonio Costa will be the Chief Guest at the 14th Pravasi Bharatiya Divas (PBD) Convention to be held from January 7 to 9, 2017 in Bengaluru.

The post Portuguese PM Antonio Costa to be chief guest at 14th Pravasi Bharatiya Divas Convention appeared first on The Financial Express..

Sonia Gandhi interview with Rajdeep Sardesai: No comparison between Narendra Modi and Indira Gandhi, says Sonia; reveals unknown details of Gandhi family

FE Online — Mon, 21 Nov 2016 21:22:27 +05:30

"I was frightened to meet her as any other girl of my age would have been," she said.

The post Sonia Gandhi interview with Rajdeep Sardesai: No comparison between Narendra Modi and Indira Gandhi, says Sonia; reveals unknown details of Gandhi family appeared first on The Financial Express..

Made in India mobile phones: The good news and the bad

Anup Jayaram — Mon, 21 Nov 2016 21:17:58 +05:30

Of the 267 million mobile phones that Indian consumers are slated to buy in 2016, around 180 million will be assembled in India.

The post Made in India mobile phones: The good news and the bad appeared first on The Financial Express..

Dena Bank cuts deposit rates by up to 50 basis points

PTI — Mon, 21 Nov 2016 21:17:21 +05:30

Public sector lender Dena Bank has slashed interest rates on deposits by up to 0.5 percentage point on select maturities from today.

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