First direct Australia-Europe passenger service takes off

Mar 24 2018 | 5 hrs ago

"Kangaroo Route" from Australia to Britain became a shorter hop when the first direct passenger service left Perth for London, with the 17-hour flight aviation records.

UK investigators search London office of firm at center of FB

Mar 24 2018 | 6 hrs ago

Investigators from Britain’s data watchdog searched the London offices of Cambridge Analytica, the data analytics firm at the center of Facebook data to target US voters

Labour sacks N.Ireland minister over call for 2nd referendum

Mar 24 2018 | 10 hrs ago

Corbyn sacked his shadow Northern Ireland minister called for a second referendum, a move that exposes deep divisions in the party over how and whether to leave the EU.

Czechs consider expelling Russian diplomats, following Britain

Mar 23 2018

The Czech Republic may expel some Russian diplomats after Britain took similar steps in retaliation for an attack on a former Russian spy in UK, Czech PM Babis said.

France, Germany and Britain praise Trump rethink on Europe tariffs

Mar 23 2018

Germany, France and Britain said they were happy that U.S. President Donald Trump had changed his mind about slapping higher tariffs on European steel.

Britain, EU make significant progress in Brexit talks: May

Mar 23 2018

May said Britain and the European Union had made significant progress in Brexit talks and that she was looking forward to talks on their future economic partnership.

Supermarkets and online shopping spur Feb spike in UK retail sales

Mar 22 2018

British retail sales jumped, although doubts remain about the underlying strength of consumer demand as the BoE weighs when to raise interest rates ahead of Brexit.

Sterling hits 7-week high ahead of BoE meeting; retail sales jump

Mar 22 2018

Sterling rose to a 7-week high as retail sales beat expectations and traders prepared for a BoE meeting at which the central bank is expected to flag a rate rise in May.

Cambridge Analytica search warrant adjourned until Friday: ICO

Mar 22 2018

ICO said its application to search Cambridge Analytica, the company at the center of a firestorm over its use of Facebook data, had been adjourned by a British judge.

Morgan Stanley to hire 80 in Paris after Brexit: source

Mar 22 2018

Morgan Stanley plans to add 80 jobs in Paris after Britain’s exit from the EU, on top of around 200 the U.S. bank is set to transfer to its Frankfurt hub.

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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