Quake toll in India climbs to 53

Apr 26 2015

The powerful quake, which shook various parts of the country has left 53 people dead.

Will take steps to encourage pvt sector in defence: Parrikar

Apr 26 2015

Defence Minister Manohar Parrikar has said the Ministry would be taking pro-active measures to encourage private players in defence sector.

India will try to wipe the tears of Nepali people: PM Modi

Apr 26 2015

India on Sunday said it would try its best to "wipe the tears" of the people of Nepal.

Nepal earthquake: Eerie reminder of 1934 tragedy

Apr 26 2015

The earthquake that struck Nepal and neighbouring Indian States jolted memories of the catastrophic 1934 tragedy.

Diageo asks Vijay Mallya to quit USL board

Apr 25 2015

United Spirits' new owner Diageo has asked Vijay Mallya to step down as Chairman and Director.

Indian Markets


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Stocks In News



Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric

Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years

Group is entering into a management contract with The Park Hotels



Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh


Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr

Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders

Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils

The govt announced in the budget a hike in import duty to 30-35%

Businessline Reports


TPG Cap and Manipal Health are eyeing controlling stake in the co

Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors

Will have to buy at least 26% stake through Voluntary open offer as part of takeover code

A 26% shareholding will automatically trigger the mandatory open offer for additional 20%

Business Standard Reports


TRAI issues show-cause notice to co

Seeks details of non-transparent, discriminatory tariffs to consumers

Have to respond till Mar 25

Action to depend on if tariff reported to regulator or not

Notice first one after TRAI issued tariff order on predatory pricing

Economic Times Reports

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