EU to ban scrapping ships on Indian, Pakistan, Bangladesh beaches

European, Turkish and Chinese recyclers are set to benefit from strict new EU rules on breaking up old ships, but the practice of dismantling them on beaches in South Asia...

European Union, Old ships, European, Turkish, Chinese, Recyclers, Recycling ships, South Asia, India, Bangladesh, NGO Shipbreaking Platform News

Allianz pencils in $300 mn cost for Germanwings plane crash

Germany's Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane...

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Snapdeal says not in immediate need to raise money

E-commerce company is not looking to raise money immediately and is well capitalised for the next couple of years...

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New airline Vistara plans to add international routes, expand fleet size: CEO Phee Teik Yeoh

Vistara plans to expand its fleet size and start flying to overseas destinations within two years, its CEO Phee Teik Yeoh said on Tuesday...

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Gold eyes 3rd quarterly loss as expected US rate hike drags

Gold fell on Tuesday and was heading for a third straight quarterly fall, pressured by a strong dollar and expectations the U.S. Federal Reserve...

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Morgan Stanley upgrades Reliance, cites downstream expansion, telecom outlook

Morgan Stanley has upgrades Reliance Industries Ltd to "overweight" from "underweight", citing confidence about the conglomerate's downstream projects and improving outlook for telecoms business.

Reliance Industries News

Infosys share price gains, CLSA sees strong FY16/17, buybacks

Infosys shares gain 1.7 pct. CLSA raises target to 2,800 rupees from 2,500 rupees...

Infosys News

Volatility in equities unlikely to subside in Q2: Morgan Stanley

The bout of market volatility in the first quarter of 2015 is unlikely to subside in the second quarter, which is expected to be news-heavy, says Morgan Stanley.

Markets News

BSE Sensex to hit record high in 2015, but analysts cut forecasts

BSE Sensex equity index will recover from a recent dip to set a record high this year but analysts are less bullish than they were three months ago, a Reuters poll found.

Midcap stocks to bet News

SBI to divest up to 10% stake in SBI Life Insurance

State Bank of India plans to divest up to 10 per cent stake in its life insurance arm SBI Life.

State Bank of India News

Germanwings crash: In hunt for DNA, searchers set to hack through mountains

French investigators hope to speed up identification of the 150 people killed in last week's Germanwings plane crash, allegedly by suicidal co-pilot Andreas Lubitz...

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Yemen’s Houthis make gains amidst heavy fighting in Aden

Iran-allied Houthi militiamen pushed into the northeastern outskirts of the Yemen port city of Aden on Monday amid heavy clashes with loyalists...

India News

Centre to issue land reform order to get around political deadlock

Centre will issue a new decree this week for land purchases that has stirred disquiet across the country but which the government...

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RBI relaxes bad loans provisioning rules for banks

The Reserve Bank of India (RBI) on Monday relaxed provisioning rules against bad loans by allowing banks to...

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Oil prices dip as Iran, world powers seek nuclear deal

Oil prices fell on Monday as traders focused on whether Iran and six world powers would reach a deal that could add fuel...

Oil prices dip as Iran, world powers seek nuclear deal

GSK agrees UK deal for meningitis shot after Novartis stand-off

Britain will become the first country in the world to have a nationwide vaccination programme for the potentially deadly childhood disease

GSK agrees UK deal for meningitis shot after Novartis stand-off

Days after Germanwings crash, Air Canada Airbus A320 flight slides off Halifax runway, 23 injured

An Air Canada flight crash landed in the east coast city of Halifax and went off the runway early on Sunday...

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PM Narendra Modi’s popularity in rural India punctured by discontent, farmer suicides

Over a dozen debt-laden farmers have committed suicide in recent weeks in India, and discontent against government policies is turning into anger against PM Narendra Modi...

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RBI to cap bank’s exposure in corporate group to 25 pct of its capital

Governor Raghuram Rajan-led Reserve Bank of India has proposed to lower the ceiling on how much a bank can lend to a single corporate group...

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BlackBerry reports fourth-quarter profit; sales miss

BlackBerry Ltd posted better-than-expected quarterly earnings, offering signs its turnaround efforts...

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India should tighten its nuclear safety regulations: IAEA

The International Atomic Energy Agency (IAEA) urged India on Friday to further tighten its nuclear safety regulations...

International Atomic Energy Agency, India nuclear safety regulation, atomic watchdog, India atomic watchdog, Non-Proliferation Treaty News

SpiceJet running short of planes for scheduled flights

Indian low-cost carrier SpiceJet Ltd will have to cancel more than a fifth of its planned daily flights if it cannot reach an agreement with its lessors to bring in more aircraft...

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IndiGo heads towards $400 mln IPO as air travel booms

India's biggest carrier, IndiGo, is preparing to file documents for a stock listing to raise $300 to $400 million, two sources with knowledge of the plans said...

IndiGo market News

Idea heading for steepest fall in over 1 year on spectrum debt

India's Idea Cellular slumps as much as 8 pct...

Idea heading for steepest fall in over 1 year on spectrum debt

BHEL share prices fall; HSBC downgrades to ‘reduce’

Shares of India's Bharat Heavy Electricals Ltd fall 1.2 pct.

BHEL share prices fall; HSBC downgrades to ‘reduce’

India may exempt ONGC, Oil India from paying subsidy in March-qtr: Source

India's state-backed oil producers Oil and Natural Gas Corp Ltd and Oil India Ltd may be exempt from paying subsidies to fuel retailers in the March quarter...


Germanwings pilot ordered Airbus A320 jet down to 100 feet, trackers say

The autopilot on the Germanwings Airbus A320 that crashed in the French Alps on Tuesday was switched to descend to 100 feet...

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