BusinessLine Business Today MoneyControl GoodReturns Blogs Reuters CNBC Times Of India Rediff IBNLive DNA ZeeNews The Hindu

RBI to hold rates on inflation concerns, fiscal boost likely: Poll

20 minutes ago  
Business / Business Standard/ Top Stories  
                 

HDFC to retain Egon Zehnder to identify Aditya Puri's successor: Report

22 minutes ago  
Business / Business Standard/ Top Stories  
                 

Canara Bank's net profit rises 3.8 pc to Rs 330 cr in Q3

26 minutes ago  
Business / Business Standard/ General News  
State-owned Canara Bank on Thursday reported a 3.8 per cent rise in its net profit to Rs 329.62 crore in the third quarter of the current financial year, mainly due to a decline in proportion of bad loans. The bank's profit was Rs 317.52 crore during the December 2018 quarter. Its total income stood at Rs 14,001.63 crore during the quarter ended December 2019, up from Rs 13,513.35 crore in the year-ago period, Canara Bank said in a stock exchange filing. The net non-performing assets (NPAs) as a percentage of total assets stood at 5.05 per cent, down from 6.37 per cent a year ago. Similarly, the percentage of gross NPAs also narrowed to 8.36 per cent from 10.25 per cent. In absolute terms, the net NPAs stood at Rs 21,337.74 crore, down from 26,591.07 crore. The bank made a provisioning of Rs 1,802.91 crore during the quarter under review, compared with Rs 1,977.34 crore a year ago. Canara Bank's shares were trading at Rs 221.10 apiece on the BSE, up 1.03 per cent...
                 

CAA, situation in Kashmir internal issues of India: Brazilian envoy

26 minutes ago  
Business / Business Standard/ General News  
The amended citizenship law and the situation in Kashmir are internal issues of India and the country with its dynamic democracy will find solutions to these "challenges", Brazilian envoy Andre Aranha Correa do Lago said on Thursday. His comments on the two issues comes a day ahead of Brazilian President Jair Bolsonaro's maiden visit to India after he assumed power in January last year following a sweeping electoral victory. Lago told PTI in an interview that over 15 agreements will be signed during the Brazilian president's visit, including one on the investment protection and facilitation treaty. "These (Citizenship (Amendment) Act and Kashmir situation) are two internal issues of India that obviously we are following with great interest. Naturally, in the conversations probably the Indian government will bring elements about this but we see this very clearly as internal questions of India," he said. "India being such a dynamic democracy with such fantastic institutions and civil .....
                 

Sebi bans Equicom Financial, directors from providing investment advisory services

31 minutes ago  
Business / Business Standard/ General News  
Markets regulator Sebi has barred Equicom Financial Research and its two directors from acting as an investment advisors for luring innocent investors by making assured profit commitment and presenting misleading information to clients. Besides, they have been barred from capital markets, the Securities and Exchange Board of India (Sebi) said in an order. After receiving several investors' complaints, Sebi conducted an examination in relation to the affairs of Equicom. This is registered as an Investment Adviser (IA) with effect from April 25, 2014 and, Amit Kukda and Akhilesh Raghuvanshi are the two directors of Equicom through whom the company functions. The probe found that Equicom was involved in luring the innocent investors by making assured profit commitments; extracted more and more money from the clients by offering more and more services; presented misleading information to clients to influence their decision to invest, took advance payments for services and made false .....
                 

Power ministry appoints Ashish Upadhyaya as govt nominee director on NTPC board

36 minutes ago  
Business / Business Standard/ General News  
                 

MP govt should form special teams to tackle cancer: Scindia

41 minutes ago  
Business / Business Standard/ General News  
Congress general secretary Jyotiraditya Scindia has suggested that special teams be formed by the Madhya Pradesh health department for the treatment of cancer patients in the state. He was speaking during a visit to the Indian Institute of Head and Neck Oncology here late late Wednesday evening. State health minister Tulsiram Silawat was also present at the institute. "Efforts must be taken right from the state government level to form special teams to treat patients suffering from cancer and other serious ailments," Scindia said. In this campaign against cancer, help can also be taken from specialists working in the non-government sector, he added. The institute's secretary and noted cancer surgeon Dr Digpal Dharkar said Scindia was impressed with the work at the medical facility and donated Rs 25 lakh for the construction of an operation theatre. Scindia has also suggested identifying two to three backward districts in the state to start a campaign against cancer at .....
                 

GE T&D India bags Rs 173-crore order from JKPDD

an hour ago  
Business / Business Standard/ General News  
GE T&D India Ltd on Thursday said it has bagged a Rs 173-crore order from Jammu & Kashmir Power Development Department (JKPDD). GE T&D India Ltd was awarded a supervisory control and data acquisition (SCADA) and advanced distribution management solution (ADMS) project by JKPDD for the distribution operations in Jammu and Srinagar, according to a statement by the company. The order worth about Rs 173 crore, won through a competitive bidding process, includes a five-year maintenance services contract and the supply and integration of a host of solutions in the overall distribution network in the two cities, said the statement. Pitambar Shivnani, chief executive officer of GE T&D India Ltd, said, "The commitment towards the implementation of this technology is a major step towards realising the vision of 24x7 power supply to all consumers in the cities of Jammu and Srinagar." The technology solution being executed for this project is used mainly for 24x7 power supply, .....
                 

Will invite Cong, NCP to join Thackeray on Ayodhya visit: Raut

an hour ago  
Business / Business Standard/ General News  
Shiv Sena leader Sanjay Raut on Thursday said their allies Congress and NCP are welcome to join Chief Minister Uddhav Thackeray when he visits Ayodhya in March to mark the completion of his 100 days in power. He said offering prayers to Lord Ram has got nothing to do with the common minimum programme, on the basis of which the three ideologically different parties came together to form government in Maharashtra. It will be the first visit of Sena chief Thackeray to Ayodhya in Uttar Pradesh since his party severed ties with the BJP over sharing of power after results of the Maharashtra Assembly elections were declared in October last year. "We will invite everybody, including our allies to join. Everyone worships Lord Ram at home. So, they can join us in offering prayers at Ayodhya," Raut told PTI. He said offering prayers to Lord Ram had nothing to do with the common minimum programme decided by the three parties while forming the Maharashtra Vikas Aghadi .....
                 

Externed history-sheeter shot dead by unidentified assailants

an hour ago  
Business / Business Standard/ General News  
A notorious history-sheeter from Surat, who had been facing several criminal cases, including assault, bootlegging and extortion, was allegedly shot dead by four unidentified persons in Navsari town of south Gujarat, police said on Thursday. Wasim Mirza aka Wasim Billa (35) was shot dead outside a gym in Chhapra Road area of Navsari late Wednesday night, police said. Billa had been living in Navsari town since the last few months after he was externed from Surat by the police. He had also worked in movies previously and had a habit of getting himself clicked with Bollywood stars, they said. "Four unidentified assailants pumped four bullets into Billa on Wednesday night when he was about to sit in his car after visiting a gym in Navsari," Deputy Superintendent of Police (Navsari district), S G Rana, said. He was rushed to a nearby hospital, where he was declared brought dead by the doctors, he said. "The assailants fled from the spot after the assault on Billa, a .....
                 

States can't say they won't implement CAA, resolutions 'political': Tharoor

an hour ago  
Business / Business Standard/ Latest News  
                 

AAP, Kejriwal 'humiliating' Purvanchalis by mocking 'Rinkiya Ke Papa': Manoj Tiwari

an hour ago  
Business / Business Standard/ General News  
The AAP and its chief Arvind Kejriwal mocking 'Rinkiya Ke Papa' song are "insulting" Purvanchalis and their culture, Delhi BJP president Manoj Tiwari said. The Purvanchalis, natives of Eastern UP and parts of Bihar living in Delhi, are not going to be swayed by Kejriwal government's water and power freebies and 98 per cent of them are supporting the BJP, Tiwari said in an interview to the PTI. Kejriwal had in recent past took a dig at Tiwari, a well known Bhojpuri actor, referring to him as a "good singer" who rendered 'Rinkiya Ke Papa', when asked for his views about Delhi BJP president. "The Purvanchalis will support the BJP in Delhi elections because Kejriwal and his party have been 'humiliating' them and their culture more than once," he said. The name "Rinkiya" in the song refers to daughters. By, mocking the song, the AAP and Kejriwal also "demean" the role of daughters and women in the society, he asserted. "I pity his (Kejriwal) intelligence. At a time when 'Beti Bachao' is .....
                 

'Kohra Ghana Hai': Poetic take on mob lynching, Kashmir et al

an hour ago  
Business / Business Standard/ General News  
Naveen Chourey attempts to reach out to the masses, tap into their compassion and empathy, and bring about a meaningful transformation with his collection of poems which deals with topics like mob lynching, Kashmir and the plight of soldiers among others. The poems in "Kohra Ghana Hai: Nothing Personal" are a take on nationalism, patriotism and the state of our country. "Every time a language is born, poetry follows in its wake. Mass movements and social change have never been devoid of poetry - irrespective of countries, eras and religions," says Chourey, an IIT graduate who likes to be described as a writer while performing and an actor while sitting with pen and paper. "Poetry has always been the bedrock of the social conscience of the human race. Experimenting with poetry, I came to realise that poetry is an extremely powerful and unique medium in reaching out to the common man and unite people," he says. One of the poems in the collection, brought out by Penguin, is 'Pinjra' .....
                 

Delhi Excise dept busts NDPL gang, 2 arrested

an hour ago  
Business / Business Standard/ General News  
                 

Graft case: Bizman, DRI official in HC against trial court order to provide password of phones

an hour ago  
Business / Business Standard/ General News  
The Delhi High Court on Thursday agreed to hear pleas of a businessman and a senior DRI official arrested by the CBI in connection with a Rs 3-crore bribery case, challenging a trial court order to provide passwords of their seized phones to the agency. The pleas were mentioned before a bench of Chief Justice D N Patel and Justice C Hari Shankar which allowed them to be listed for hearing during the day. The petitions were later listed before Justice Rajnish Bhatnagar and are yet to be taken up. The lawyers appearing for petitioners Chander Shekhar, the DRI official, and businessman Rajesh Dhanda told the high court that a CBI court on Wednesday directed them to provide the password of their phones in violation of their right to privacy and against self incrimination. Thereafter, the agency on the same day issued them a notice to appear before it on Thursday at 1pm. The trial court order came on CBI's application seeking directions to the accused to unlock their phones seized at the ....
                 

French firm ENGIE inks pact with EIYP, to pare debt of EUR 400 mn

an hour ago  
Business / Business Standard/ General News  
French energy utility firm ENGIE has announced a strategic partnership with Edelweiss Infrastructure Yield Plus (EIYP) for solar assets in India in order to pare debt of around EUR 400 million (around Rs 3,159 crore). "In line with both ENGIE's and EIYP's strategies, ENGIE has agreed to sell (once the transaction has closed in accordance with its terms) a 74 per cent stake in 12 solar assets aggregating 813 MWp of operating capacity collectively to EIYP and Sekura Energy, a portfolio company of EIYP," the utility firm said in a statement. EIYP is an infrastructure focused fund managed by Edelweiss Alternative Asset Advisors and part of diversified Indian financial services conglomerate Edelweiss Group. According to statement, the completion of this transaction (subject to the usual conditions associated with this type of operation) is expected to occur during the first half of 2020 and will allow ENGIE to reduce its net debt by more than EUR 400 million. In India, as in many other .....
                 

Sebi to tap artificial intelligence, big data analytics to curb mkt manipulations: Tyagi

an hour ago  
Business / Business Standard/ General News  
Sebi is acquiring capabilities to monitor and analyse social media posts to keep a tab on possible market manipulations, its Chairman Ajay Tyagi said on Thursday. He said the capabilities will involve use of artificial intelligence, machine learning , big data analytics and natural language processing tools to spot market manipulation. The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here. In efforts to curb possible manipulations in the securities market, Sebi has been keeping a watch on social media and there have been cases where social media posts have helped in acting against manipulative activities. "Catching malpractices in the market using the standard tools that analyse only structured data of price and volume is increasingly getting difficult," Tyagi said. "We want to acquire technology and unstructure data analysis because the .....
                 

Kolkata woman found dead in train

2 hours ago  
Business / Business Standard/ General News  
A 57-year-old woman was found dead in an express train here on Thursday, GRP officials said. The woman's fellow passengers informed the GRP after the train reached Malda station, an officer said. The deceased has been identified as Krishna Dutta Choudhury, the officer said. Choudhury, a resident of Lake Town in Kolkata had boarded the train from Howrah station on Wednesday night. She was travelling to Siliguri to a relative's place, he said. She became unconscious much before the train reached the station and her co-passengers informed the GRP after the train reached Malda station, the officer said, adding she was dead then. The woman's body was taken to the morgue at Malda Medical College and Hospital and her family members have been informed. It appears that she died of a heart attack but the exact reason of death will be known after post-mortem examination, the inspector-in-charge of Malda GRP, Bhaskar Pradhan, said. Some high blood pressure medicines were also found ...
                 

Vijayvargiya likens CAA and NRC to Krishna, calls Opposition 'Kansa'

2 hours ago  
Business / Business Standard/ General News  
BJP general secretary Kailash Vijayvargiya on Thursday took the basis of mythology to attack the Opposition over the Citizenship (Amendment) Act as he likened the newly enacted law to Lord Krishna and those opposing it to the tyrant ruler Kansa.The Opposition has been protesting against the CAA, deeming it to be discriminatory and against the principles of the Indian Constitution. The Centre, on the other hand, has maintained that the law, which fast-tracks citizenship to non-Muslim refugees from Pakistan, Bangladesh and Afghanistan, will not affect any existing citizen.Vijayvargiya, in a tweet, compared the new law to the eighth son of Devki and the Opposition to her brother Kansa."CAA, NRC na hua... Devaki ka aathva putra ho gaya ki paida hone se pehle hi Kansa ko apna aant nazar aane laga (It seems as if CAA and NRC will do what the eighth son of Devaki did, even before his birth Kansa is fearing his end)," the BJP leader tweeted.In Hindu mythology, there was a prophecy that Kansa,..
                 

India to Singapore: How airlines, passengers are responding to China virus

2 hours ago  
Business / Business Standard/ Latest News  
                 

Intech Additive Solutions launches range of metal 3D printers

2 hours ago  
Business / Business Standard/ General News  
Bengaluru-based Intech Additive Solutions on Thursday announced the launch of its new 'Made in India' range of metal 3D printers. The iFusion series of metal 3D printers is designed, developed and built at the company's facility here, and has been delivered to the Indian manufacturing industry, it said in a statement. The iFusion SF1 is a smaller format machine dedicated to R&D laboratories, universities, institutions and academies. The iFusion LFMulti is a large format multi laser machine with extensive features designed for industrial use of metal additive manufacturing, the company said. "These machines are a culmination of more than 30000 man hours of research, development and innovation spread over the past 36 months. We have 3D printed more than 800 parts for variety of industries in different materials," said Sridhar Balaram, MD & CEO of Intech Additive Solutions...
                 

Shah pays tributes to Bal Thackeray, says he never compromised with ideals

2 hours ago  
Business / Business Standard/ General News  
Union Home Minister Amit Shah on Thursday paid homage to Shiv Sena founder Bal Thackeray on his birth anniversary and described him as a brilliant intellect of his time who never compromised with his ideals. The Shiv Sena in November broke its decades old alliance with the BJP and formed a government in Maharashtra with the support of the NCP and the Congress. "Remembering Balasaheb Thackeray Ji on his Jayanti. Balasaheb Ji was a brilliant intellect of his time, always mesmerised the masses with his oratory skills. He always stood firm and never compromised with his ideals, Balasaheb Ji's life and his values will continue to inspire us," Shah tweeted. Thackeray was born in 1926 in Pune and passed away in 2012 in Mumbai. The Union home minister also paid tributes to Netaji Subhas Chandra Bose. "I offer my heartfelt tributes to legendary Netaji Subhash Chandra Bose on his Birth anniversary. Netaji founded Azad Hind Fauj and dedicated his entire life for India's freedom. His passion and ...
                 

My politics will not change with popular mood of audience: Kabir Khan

2 hours ago  
Business / Business Standard/ General News  
Calling himself an optimist who believes in the goodness of people, director Kabir Khan says everything these days is being looked at through the prism of religion but India is about more than that. The director of blockbusters such as "Bajrangi Bhaijaan" and "Ek Tha Tiger" said he is happy he has a platform as a filmmaker to present a counterpoint to the prevailing narrative based on religious fault lines. "I'm an optimist who believes in the goodness of the people. But yes, there is a certain level of bigotry that has crept in. Everything is being looked at through the prism of religion but India is not about that. "It sounds like a clich but when I was growing up, I was not aware of my religion. That was the greatness of this country, Kabir told PTI. He said he is a product of a mixed marriage and is pained to see the social fabric being tattered. I have celebrated the best that Indian secularism has to offer. But to see the greatness of this country being simplified and broken .....
                 

Abrogation of Article 370 irreversible, Centre tells SC

2 hours ago  
Business / Business Standard/ General News  
The Central government on Thursday told the Supreme Court that the abrogation of Article 370 allowed the accession of Jammu and Kashmir to the Indian union and said that the move is "irreversible".A five-Judge Constitution Bench of Justices NV Ramana, SK Kaul, R Subhash Reddy, BR Gavai and Surya Kant today continued hearing various pleas challenging the abrogation of Article 370, which conferred special status to the erstwhile state of Jammu and Kashmir.Attorney General KK Venugopal submitted how accession of the new Union Territory to Indian union took place and said that "it (abrogation of Article 370) is irreversible"."I want to show that sovereignty of Jammu and Kashmir was indeed temporary. We are a Union of States," Venugopal told the court.Advocate Dr Rajeev Dhavan, appearing for one of the petitioners, said: "A State was demoted to the status of a Union Territory using Article 3 of the Constitution of India for the first time. If they (Centre) do this for one State, they can ....
                 

Varun Beverages gains for 12th straight day, surges 7% to hit a new high

3 hours ago  
Business / Business Standard/ Top Stories  
                 

Odisha lawyer collects rare photographs of Subhas Chandra Bose

3 hours ago  
Business / Business Standard/ General News  
Inspired by Subhas Chandra Bose, a lawyer has been collecting rare photographs of the freedom fighter since three decades, and has turned his home in a dusty lane of this town into a private museum. The leader's broadcast to the nation, Rash Behari Bose handing over the baton of the Indian National Congress presidentship to him, his visit to the infamous Cellular Jail in Andamans and sharing private moments with his family figure in the collection of 56-year-old Mohammad Mustaque at Badahaat area. "It was quite a task to collect the photographs. I had to part with my hard-earned money. A glimpse at the frozen frames in black and white stirs patriotic fervour in me. I feel my labour was worth it. "Since childhood, I was an ardent fan of Netaji. His magnetic personality drew me to know more and more about him. I began to collect everything on him that I could lay my hands on," Mustaque said. Besides the photographs, the collection includes letters, manuscripts, magazines,..
                 

Excise dept raids south Delhi farmhouse serving illegal liquor to guests

3 hours ago  
Business / Business Standard/ General News  
The excise department conducted a raid at a farmhouse in South Delhi where non-duty paid liquor was being served to guests, a government official said on Thursday. The official said information was received that a high-profile party was being organised at the farmhouse and liquor meant for sale in Haryana was being served to guests there. "Acting on secret information, a raid was conducted at the farmhouse in south Delhi last night. During the raid, illegal liquor from Haryana was seized from the party," the official told PTI. An FIR has been registered under the Delhi Excise Act at Maidan Garhi police station, the official said, adding the organiser of party and the farmhouse manager have been arrested in connection with the case. "The party was being organised after getting P-10 license from the excise department. With this license, organiser can only serve duty paid liquor at the party, but liquor of Haryana was also being served to guests," he also said. "The excise department .....
                 

Former Sarpanch attempts to sexually assault minor, beaten up

3 hours ago  
Business / Business Standard/ General News  
A 63-year old former Sarpanch was booked on charge of rape after he allegedly attempted to sexually assault a minor girl in Khammam district, police said on Thursday. He was hospitalised after local residents beat him up over the act, police added. The accused, who stays alone in the neighbourhood of the 13-year old girl in Mudigonda mandal on Wednesday night asked her to bring some snacks from a local store and when she went to his house he allegedly tried to sexually assault her, police said. The girl's parents had gone to a function and the accused had called her to his house, a police official said adding when her parents returned they did not find her there. The girl's parents heard cries from the house of the accused and rescued her even as some local residents beat up the former sarpanch over the act, the official added. The accused was admitted to a hospital with injuries and his condition is stated to be stable, the official said. A case under IPC section 376 .....
                 

Farmers are not beggars, don't need just loan waivers: Nana Patekar

3 hours ago  
Business / Business Standard/ General News  
Bollywood actor Nana Patekar on Thursday said that farmers were not beggars and they need emotional support along with financial support to resolve the issue of farmers' suicide in Maharashtra."It is ok if political leaders do not give money to farmers. They do not only need loan waivers, but they also need emotional support and encouragement. We need to talk to them. Farmers are not beggars," he said while addressing a public event in Chinchwad city of Maharashtra.He also stressed up-on fixing the prices of the vegetables and urged people not to bargain with the vegetable vendors."Everything here has a fixed price but on our tomato and potato, there is no price label. Your fees is fixed, the prices of the cars are fixed...I request you all not to bargain with the vegetable vendors on the streets. We must all think about the problems farmers are facing.....
                 

Police brief Maha govt about probe in Koregaon Bhima case

3 hours ago  
Business / Business Standard/ General News  
Maharashtra Police on Thursday informed state Deputy Chief Minister Ajit Pawar and Home Minister Anil Deshmukh about the status of probe in the case of violence at Koregaon Bhima in Pune on January 1, 2018, an official said. Pawar, Deshmukh and senior state police officials held a review meeting on the case at the state secretariat here in the morning. The meeting began around 8 am and went on for over an hour. "Senior police officers briefed the deputy chief minister and the home minister about the status of probe in the violence that took place on January 1, 2018," a home department official said. Another round of briefing is expected to take place soon, he added. The meeting assumes significance as NCP chief Sharad Pawar last month demand that a Special Investigation Team (SIT) be set up under a retired judge to probe the action taken by Pune Police in the Koregaon Bhima case. NCP leader Deshmukh, after taking charge as Home minister, said earlier this month that he ...
                 

Woman, two children found murdered in Chandigarh

3 hours ago  
Business / Business Standard/ General News  
A 45-year-old woman, her daughter and son were found murdered with their throats slit at their home in Chandigarh's Manimajra town, police said on Thursday. Bodies of Sarita, her daughter Sanchi (21) and son Arjun (16) were found lying in a pool of blood at their home in Modern Housing Complex here, they said. Chandigarh Senior Superintendent of Police Nilambari Jagadale said it appears that a sharp-edged weapon was used to kill the three. "It is a clear case of triple murder," Jagadale said. Police said Sarita's husband Sanjay Arora was also seriously injured and was admitted to a local hospital. He would also be questioned in connection with the incident, they said. Police said they would scan the CCTV cameras installed at nearby areas of the complex. A forensic team also visited the spot to collect samples, police said, adding that a probe into the matter was underway...
                 

Resolutions against CAA 'political gesture', states hardly

3 hours ago  
Business / Business Standard/ General News  
Senior Congress leader Shashi Tharoor said that bringing in resolutions against the CAA is more of a "political gesture" by the states as they hardly have any role in granting citizenships. In an interview to PTI, the lawmaker said that in the implementation of the National Population Register (NPR) and the proposed nationwide NRC, the states will have a vital part as it will be their officials who will conduct the exercise because the Centre doesn't have the required manpower. "That's more of a political gesture. The citizenship is given by the federal government only and obviously no states can give citizenship, so it has nothing for them to implement or not implement," Tharoor said. "They (the states) can pass a resolution or go to the court but in practice what can they do? The state governments can't say they won't implement CAA, what they can say is they will not implement NPR-NRC as they will have a crucial role in it," he added. Tharoor's party colleague Kapil .....
                 

From $213 mn to $17 mn: Data from Pak shows big fall in exports to India

3 hours ago  
Business / Business Standard/ Latest News  
                 

Alembic Pharma gets final USFDA nod for Fenofibrate tablets

3 hours ago  
Business / Business Standard/ General News  
Alembic Pharmaceuticals on Thursday said it has received final nod from the US health regulator for fenofibrate tablets, which reduces cholesterol and triglycerides in blood. "Alembic Pharmaceuticals Limited (Alembic)...has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Fenofibrate Tablets USP, 54 mg and 160 mg. "The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD) Tricor Tablets, 54 mg and 160 mg, of AbbVie Inc (AbbVie)," the drug firm said in a BSE filing. Fenofibrate tablets have an estimated market size of USD 100 million for twelve months ending September 2019, according to IQVIA. "Fenofibrate tablets are indicated as an adjunct to diet to reduce elevated LDL-C, Total-C, TG and Apo B, and to increase HDL-C in adult patients with primary hypercholesterolemia or mixed dyslipidaemia and for treatment of adult patients with severe hypertriglyceridemia," it said. Alembic ....
                 

Innovations in fashion present $20-30 bn investment opportunities: Study

3 hours ago  
Business / Business Standard/ Latest News  
                 

JSW Steel plans to raise up to Rs 1,000 cr via NCDs

4 hours ago  
Business / Business Standard/ General News  
                 

Maha: Two held for killing businessman in Jalna

4 hours ago  
Business / Business Standard/ General News  
Jalna Police in Maharashtra claimed to have cracked the case killing of a real estate businessmen with the arrest of two persons. The deceased, Rajesh Mankachand Nahar (35), a resident of Partur town here, was shot dead by two motorcycle-borne persons near Shingdepokari Phata on January 11. While probing the case, the police on Wednesday arrested two accused, as Raghuvir Chandu Singh Tak and Arvind alias Balu Arjun Bhadarge, both Jalna residents, local Crime Branch chief Rajendra Singh Gour said on Thursday. Gour said the accused have confessed they killed Nahar but the motive behind the crime was yet to be ascertained. "The accused have a criminal background. We are investigating who was behind the murder or gave 'supari' (contract) to the killers," he said. The two accused were produced before a local court which remanded them in police custody for nine days. Nahar was earlier booked in a case of firing on a financier. The police had arrested three assailants in that .....
                 

ONGC ?gets 28 bids for 50 oil, gas fields in 1st bid round

4 hours ago  
Business / Business Standard/ General News  
State-owned ONGC has received bids for 50 out of the 64 small and marginal oil and gas fields it has offered in a first of its kind bid round for raising production by involving private companies. As many as 12 companies made 28 bids for 50 fields at the close of bidding on January 17, sources privy to the development said. ONGC had clubbed the 64 fields into 17 onshore contract areas that have a cumulative 300 million tonne of oil and oil equivalent natural gas reserves. The sources said 28 bids were received for 14 clusters, covering 50 fields, and no bids were received for 3 clusters covering 14 fields. Duganta Oil and Gas Pvt Ltd made four bids, while Orissa Stevedores Ltd, Priserve Infrastructure Pvt Ltd and Udayan Oil Solutions Pvt Ltd made three bids each. ONGC wants partners who can raise output beyond a pre-agreed baseline and will share revenues from such incremental production with them. The sources said salient features of the ONGC offering include complete marketing and ....
                 

L&T, Axis Bank, RBL Bank: How to trade these stocks post Q3 results?

4 hours ago  
Business / Business Standard/ Latest News  
                 

Malaysia hikes sugar import from India to resolve palm oil spat: Report

4 hours ago  
Business / Business Standard/ Top Stories  
                 

Zuari Agro shuts NPK plant due to non-availability of raw material

4 hours ago  
Business / Business Standard/ General News  
                 

L&T Tech joins Qualcomm program for smart city solutions

4 hours ago  
Business / Business Standard/ General News  
L&T Technology Services (LTTS) on Thursday said that it has joined a Qualcomm program to provide smart city solutions to original equipment manufacturers (OEMs) and system integrators. The community matchmaking program brings together smart solutions providers with municipalities or systems integrators looking to solve problems. "L&T Technology Services has joined the Qualcomm Smart Cities Accelerator Program to collaborate on providing smart ecosystem solutions and services to help global enterprises accelerate the digital transformation to smart urban infrastructure," the company said in a filing to BSE. This can help drive additional value and integrate solutions with secure interoperability, edge processing and an ecosystem to deploy at scale, it said, adding that LTTS has expertise in smart ecosystems - smart cities, smart warehousing and smart manufacturing solutions. "Together with Qualcomm Technologies' global technology leadership in edge compute capability, .....
                 

CAA & NRC national issues, will have no resonance in Delhi polls: Raghav Chadha

4 hours ago  
Business / Business Standard/ General News  
The Citizenship (Amendment) Act and the NRC would not have resonance in the Delhi Assembly polls as they are national issues and the elections in the national capital will be fought on state matters, AAP's Rajinder Nagar candidate Raghav Chadha said. Thirty-one years old Chadha is fighting his first assembly election. However, it is not the first time he is facing the polls. He last year unsuccessfully contested the Lok Sabha elections from the South Delhi constituency. When asked if he thinks that the upcoming elections will be a referendum on the CAA-NRC, he said, "Absolutely not because elections are going to happen on state issues. These are issues of national importance and I personally feel they will have no resonance in Delhi." The AAP spokesperson said the Bharatiya Janata Party might try to "polarise" the environment ahead of the polls. "However, I feel people of Delhi are intelligent enough to see through this propaganda of the BJP," he told PTI in an interview. He said if ....
                 

HashedIn Technologies Receives ISO Certification

5 hours ago  
Business / Business Standard/ General News  
/ -- HashedIn Technologies Pvt. Ltd is proud to announce that it is now an ISO certified company with the following standards, ISO/IEC 27001:2013 - Information Security Management System ISO 9001:2015 - Quality Management System ISO/IEC 27018:2014 - Code of Practice for Protection of Personally Identifiable Information (PII) This recognition covers both IT administration and Cloud operations. Team HashedIn underwent a rigorous evaluation process which included the following sectors, Quality Management System (QMS) and Information Security Management System (ISMS) documentation development and review, Mock Audit, Internal Audit, and External Audit to identify any nonconformance According to Himanshu Varshney, CEO HashedIn Technologies, "Being ISO certified is an honor that showcases our quality and dedication that we provide to our customers in helping them achieving their necessary technical goals. We have taken that extra mile of acquiring not just the ISO/IEC 27001 certification ....
                 

SheTalksTech Initiative at Xebia for Inclusive Growth

5 hours ago  
Business / Business Standard/ General News  
/ -- Xebia, a Netherlands-based global IT services company, is working towards creating an inclusive and diverse workplace. They started SheTalksTech initiative around two years back in 2018 with an aim to have an equilibrium in the diversity ratio. The main objective of this initiative is to make Xebia the go-to place for women by being supportive and offering inclusive growth opportunities. #SheTalksTech campaign is being initiated to inspire, celebrate, and connect more and more women in technology. The initiative is directed towards providing an open and flexible working culture and growth opportunities for women so that more and more women join the organization and become a part of Xebia's growth story. They have ensured that their evaluation process is purely merit based and the best are suitably rewarded. In order to maintain the diversity ratio, SheTalksTech initiative is focusing on increasing the female workforce to bridge the gender gap and create a meaningful and diverse ....
                 

Student, punished with 450 sit-ups, takes ill; teacher booked

5 hours ago  
Business / Business Standard/ General News  
A private tuition teacher here in Maharashtra has been booked for allegedly asking an eight- year-old student to do "450 sit-ups" for not completing her homework, police said on Thursday. The girl, studying in Class 3 at a school in Thane district, took ill after the incident on Friday and had to be admitted to a hospital, they said. Before this incident, the teacher, identified as Lata, last month also allegedly stripped the girl and beat her with a cane stick for not doing the homework, Naya Nagar police station sub-inspector Sohel Pathan said quoting the complaint filed by the child's mother. On Friday, the teacher asked the girl, a resident of Shanti Nagar locality in Mira Road area, to do 450 sit-ups as punishment for not doing her homework, the official said. When the girl returned home from the tuition classes, her mother saw the child was unable to walk and found swelling in both her legs, he said. The girl was rushed to a hospital when she underwent .....
                 

Fadnavis remembers 'encouraging, energetic' Bal Thackeray on 94th birth anniversary

5 hours ago  
Business / Business Standard/ General News  
                 

AU Small Finance Banks soars 9%, hits new high on strong Q3 results

5 hours ago  
Business / Business Standard/ Top Stories  
                 

Primary schools in Bengal to focus more on handwriting

6 hours ago  
Business / Business Standard/ General News  
Students of state-run primary schools in West Bengal will soon get special sessions devoted to improvement in handwriting. Teachers of the primary schools will be specially trained before the next academic session for the purpose, syllabus committee chairman Abhik Majumder told PTI on Thursday. The trained teachers will then work with the students of pre-primary and primary sections for honing up their handwriting skills, he said. Apart from training teachers, a separate chapter on handwriting will also be included in one of the textbooks of the primary section, Majumder said. At present, students have three books in class 1, seven books in class 3 and eight books in classes 4 and 5. Majumder said the training module has been devised as par globally set norms and students will have to go through various writing and palm moving exercises. "We have often seen poor handwriting causing serious problem to a student when he goes to higher classes. Poor handwriting also .....
                 

Case against Azharuddin, 2 others for 'cheating' travel agent

6 hours ago  
Business / Business Standard/ General News  
A case has been registered against former Indian cricketer Mohammed Azharuddin and two others here in Maharashtra after a travel agent lodged a police complaint alleging that they cheated him to the tune of Rs 20.96 lakh, an official said on Thursday. Azharuddin, however, dismissed the allegation as "baseless", and said he will take legal action against the complainant, Mohammed Shahab. Shahab, owner of Danish Tours and Travels agency in Maharashtra's Aurangabad city, alleged in his complaint that he booked various international flight tickets worth Rs 20.96 lakh for Azharuddin and some others in November last year on the request of the former India captain's personal assistant Mujib Khan, the police official said. Shahab alleged he was repeatedly promised payment online, but he did not receive any money. In his complaint, Shahab said when he asked for the payment, Khan's associate Sudesh Awakkal sent an e-mail saying he has transferred Rs 10.6 lakh to him, but it was .....
                 

MARKET LIVE: Sensex up 200 pts, Nifty above 12,150; L&T, Axis Bank gain 2%

6 hours ago  
Business / Business Standard/ Top Stories  
                 

Owaisi challenges Shah for debate on CAA

6 hours ago  
Business / Business Standard/ General News  
AIMIM chief Asaduddin Owaisi on Wednesday challenged Union Home Minister Amit Shah to debate with him on the Citizenship Amendment Act (CAA), which grants citizenship to non-Muslim refugees from three countries of India's neighbourhood- Pakistan, Bangladesh and Afghanistan.Addressing a gathering in Madurai, the Lok Sabha MP from Hyderabad said: "Amit Shah invites everyone to debate about CAA. Is he ready to debate with me? The AIADMK government should raise voice against CAA. The implementation of the NPR and NRC would be against the Muslims. You have my support for the entire struggle against CAA."Besides Owaisi, Thirumurugan Gandhi and Velmurugan were also present.Union Home Minister Amit Shah had on Tuesday attended a BJP party event in Lucknow where he said that the Opposition is spreading rumours about the CAA."I have come to you for a Jan Jagaran Abhiyan in Lucknow. Our government is hardly 8 months old but we are conducting this campaign to dispell the falsities being spread by..
                 

Mangaluru Police gets custody of man who planted IED at airport

6 hours ago  
Business / Business Standard/ General News  
Mangaluru Commissioner of Police PS Harsha said that Aditya Rao, who surrendered before Bengaluru Police after planting an improvised explosive device (IED) at the Mangaluru International Airport, is now in their custody."Our Investigation team arrested Aditya Rao in Bengaluru in connection with planting of an explosive device at Mangaluru Airport on January 20. We produced the accused before Bengaluru first JMFC court and court issued transit warrant," said Harsha."We have brought him to Mangaluru from Bengaluru, now the accused is in our custody, our investigation team will interrogate him. We will investigate all aspects. He will be produced before Mangaluru 6th JMFC Court," he added.Rao hails from Udupi and has engineering and MBA degrees.According to the police, the IED was recovered from a bag at Mangaluru airport on January 20. It was later defused in an open field by the personnel of the bomb disposal squad...
                 

MP makes reading of Preamble of Constitution mandatory in schools

6 hours ago  
Business / Business Standard/ General News  
After Maharashtra, the Madhya Pradesh government on Wednesday made the reading of Preamble of the Constitution mandatory in schools on every Saturday.The Department of School Education stated that orders in this regard have been issued to District Education Officers.Earlier, the Maharashtra government made the reading of Preamble of the Constitution after prayer mandatory in all primary and secondary schools, starting from January 26.The statement issued by School Education Minister and senior Congress leader Varsha Gaikwad on Tuesday, read, "From January 26, a programme called Sovereignty of Constitution, the public interest of all will be started, wherein every school Preamble of the Constitution will be read by all in a group before the classes begin.""It is being done so that everyone comes to know and understand the basic principles of the inclusiveness, justice, equality, liberty and brotherhood," the statement read.A similar order was passed by the School Education and Sports ....
                 

Stocks to watch: RBL Bank, Axis Bank, Biocon, PVR, L&T, Canara Bank

7 hours ago  
Business / Business Standard/ Top Stories  
                 

Passed between humans; milder than SARS: All about new China virus

7 hours ago  
Business / Business Standard/ Top Stories  
                 

Kamal Nath will be dragged out by collar if he addresses rally in Delhi: Manjinder Sirsa

8 hours ago  
Business / Business Standard/ General News  
Hours after Madhya Pradesh Chief Minister Kamal Nath's name appeared in Congress' star campaigners list for Delhi assembly polls, Delhi Sikh Gurdwara Management Committee (DSGMC) president and Akali Dal leader Manjinder Singh Sirsa on Wednesday said that Kamal Nath will be dragged out by his collar if he addresses a public rally here.Asserting that Nath will not be allowed to campaign in Delhi at any cost, Sirsa told ANI, "We challenge the Congress party that in any case, Kamal Nath will not be allowed to address any public rally in any corner of Delhi. We will drag him by his collar and bring him down.""Kamal Nath will not be allowed to address any public rally in any corner of Delhi. We challenge Congress to try and send Kamal Nath on stage during public rally, then we will drag him down by pulling his collar."Levelling allegations on Kamal Nath for his alleged role in the 1984 Sikh riots in Delhi, Sirsa said, "Congress has been promoting the killers of Sikhs. Kamal Nath is also the..
                 

Vyommitra - ISRO's half humanoid to go as trial to space before Gaganyaan mission

8 hours ago  
Business / Business Standard/ General News  
'Vyommitra' - the Indian Space Research Organisation's (ISRO) half humanoid to go as a trial to space before 'Gaganyaan' goes with astronauts.Union Minister Jitendra Singh tweeted a 31-second video and wrote, "In the run-up to the first Human Space Mission by India at @isro ... 'Vyommitra', the humanoid for #Gaganyaan unveiled. This prototype of humanoid will go as a trial before Gaganyaan goes with Astronauts. #ISRO"The Gaganyaan mission is aimed at sending astronauts to space in an orbital spacecraft.ISRO's half humanoid 'Vyommitra' will be placed in the first unmanned mission under 'Gaganyaan' and will simulate most of the human body functions.Speaking to ANI, Sam Dayal, ISRO scientist said, "Legs are not there. It will try to simulate a human and report back to us. We are doing this as an experiment."'Vyommitra' introduced herself as a prototype of the half humanoid being made for the first unmanned Gaganyaan mission to the visitors here at an event."Hello everyone. I am .....
                 

Haryana CM Khattar takes away police's CID from home minister Anil Vij

8 hours ago  
Business / Business Standard/ Latest News  
                 

Andhra legislative council chairman cannot become 'servant' to political master: Rajendranath

9 hours ago  
Business / Business Standard/ General News  
Andhra Pradesh cabinet minister Buggana Rajendranath on Wednesday said that the chairman of the state legislative council cannot become a "servant" to the political master.The reaction comes after it was claimed that before passing the decision of sending the Decentralisation Bill (for setting up of three capitals) to the select committee, the chairman of the state legislative council purportedly looked at TDP chief N Chandrababu Naidu, who was sitting in the gallery of the House and is against the three capital bill.The Telugu Desam Party (TDP) on Wednesday issued a notification to the chairman to send the bills to the select committee."The sad part is that the chairman openly acknowledges that all the political parties that are there in the house are asking him to go by the rule. The chairman looked at Chandrababu Naidu who was sitting in the gallery and said that even if it is against the rules, he will use his discretionary powers. The chairman cannot become a servant of the .....
                 

Sidelined by regional tensions, Iraq's anti-govt protesters vow to press on

10 hours ago  
Business / Business Standard/ Latest News  
                 

Best of BS Opinion: Governing unlisted firms, Budget 2020, and more

10 hours ago  
Business / Business Standard/ Top Stories  
                 

Villagers in Amaravati thank Chandrababu Naidu, Nara Lokesh after 3-capital bill sent to select committee

11 hours ago  
Business / Business Standard/ General News  
Villagers in Amaravati region on Wednesday beamed with joy after the legislative council of Andhra Pradesh sent the Decentralisation Bill (for setting up of three capitals) to select committee.The villagers waved and thanked Telugu Desam Party (TDP) chief N Chandrababu Naidu and its general secretary Nara Lokesh when both the leaders were on the way to their residence.The TDP on Wednesday issued a notification to the chairman of the state legislative council to send the bill to the select committee.Earlier on Monday, the Andhra Pradesh assembly passed the 'Andhra Pradesh Decentralisation and Inclusive Development of All Regions Bill 2020'.According to a release, the "Bill provides for the creation of three capital cities to usher in the decentralisation of development."The Bill proposes to have a legislative capital at Amaravati, executive capital and Raj Bhavan at Visakhapatnam and judicial capital at Kurnool...
                 

Rupee one of the worst performers among its Asian peers in the past 1 year

14 hours ago  
Business / Business Standard/ Top Stories  
                 

LIC's exposure to default debt instruments tops Rs 20,000 crore

14 hours ago  
Business / Business Standard/ Today's Paper  
                 

Shriram Capital halts 3-way merger with NBFC arms after RBI request

14 hours ago  
Business / Business Standard/ Today's Paper  
                 

A $21-billion telco war comes down to $2; consumers jump into the fray

14 hours ago  
Business / Business Standard/ Today's Paper  
                 

Tesla surges past $100 billion market value, eclipsing Volkswagen

15 hours ago  
Business / Business Standard/ Today's Paper  
                 

UN calls investigation into Saudi crown prince 'hacking' Bezos' phone

15 hours ago  
Business / Business Standard/ Latest News  
                 

Haryana CM Khattar to control CID: Official statement

15 hours ago  
Business / Business Standard/ General News  
The tug-of-war with Haryana Chief Minister Manohar Lal Khattar for days over the control of CID on Wednesday night took an unexpected turn, with Home Minister Anil Vij being divested the charge of the crucial department, which will now be handled by the CM. Vij, a sixth-term BJP MLA, will cease to hold the CID, a Haryana government statement said here late night. "Governor of Haryana, on the advice of the chief minister, has allocated some new portfolios to the chief minister and to two ministers. As per a notification issued by the chief secretary, the portfolios of the Criminal Investigation Department, and the departments of Personnel and Training and of Raj Bhawan Affairs have been allocated to the chief minister, Manohar Lal, in addition to his existing portfolios, with immediate effect," the statement said. Apart from this, the portfolio of Elections has been allocated to Transport Minister Mool Chand Sharma while the portfolio of Art and Cultural Affairs, hitherto allocated to ...
                 

1 held in connection with murder of junior engineer in Mathura

15 hours ago  
Business / Business Standard/ General News  
One person was arrested here on Wednesday in connection with the murder of a junior engineer of power department last week, police said. Pradeep Kumar (35) was shot dead around 9.30 pm on January 16 in Jamuna Paar area when he was returning from Panigaon power sub station, a police official said. One of the accused, identified as Kishan, has been arrested and a search for his accomplice Pappu is on, said DIG/SSP Shalabh Mathur. Kishan and Pappu, a resident of Noida, planned to loot Kumar but fled immediately after killing as a few people came running towards them, he said. One country-made pistol, four live rounds and the motorcycle used in committing crime have been seized, the officer said. After Kumar's murder, employees of the Uttar Pradesh power department had closed their offices in Mathura district and took out a protest march demanding Rs 1 crore compensation for his family...
                 

Sebi questions Franklin Templeton MF over Voda write-down after AGR verdict

15 hours ago  
Business / Business Standard/ Today's Paper  
                 

Ahead of Budget 2020, FPIs reduce bond exposure on unfavourable cues

15 hours ago  
Business / Business Standard/ Today's Paper  
                 

Dubai launches initiative in Davos to boost South-South trade

15 hours ago  
Business / Business Standard/ General News  
A Dubai initiative to boost South-South trade was launched on Wednesday at the World Economic Forum in Davos. The World Logistics Passport (WLP) was inaugurated in the presence of government leaders and heads of major corporations from Asia, Latin America and Africa, according to a statement released by the Government of Dubai Media Office. The WLP links the Customs World, the DP World and the Emirates Group to enhance connectivity through Dubai and through expertise sharing and process development directly between partner countries, it said. A pilot project operational since July 2019 has already increased trade by participants by 10 per cent, the statement said. The World Logistics Passport has been designed to overcome non-tariff trade barriers such as logistics inefficiency that currently limit the growth of trade between developing markets. South-South trade is worth an estimated USD 4.28 trillion annually, more than half of total developing countries' exports in 2018, according ...
                 

Governing unlisted firms

16 hours ago  
Business / Business Standard/ Today's Paper  
                 

67-year-old arrested for 'killing' daughter's stalker

16 hours ago  
Business / Business Standard/ General News  
                 

Post-SC ruling, Goa Speaker must act on pending pleas: GFP

16 hours ago  
Business / Business Standard/ General News  
The Goa Forward Party (GFP) on Wednesday urged Assembly Speaker Rajesh Patnekar to immediately decide on petitions seeking disqualification of MLAs pending before him in light of a Supreme Court ruling related to Manipur. In a path-breaking ruling on Tuesday, the SC said Parliament should "rethink" whether the Speaker of a House should continue to have powers to disqualify lawmakers as such a functionary "belongs to a particular political party". Parliament may seriously consider amending the Constitution to substitute Speaker of the Lok Sabha and Assemblies as arbiter of disqualification issues with "a permanent Tribunal headed by a retired Supreme Court Judge or a retired Chief Justice of a High Court" or some other mechanism to ensure swift and impartial decisions, it said. GFP president Vijai Sardesai, in a statement here, said the Speaker should stop acting like a "henchman of the BJP". Two disqualification petitions, filed in May and August 2019, are pending .....
                 

Insurance covers that protect cos from cyber attacks, data thefts & frauds

16 hours ago  
Business / Business Standard/ Today's Paper  
                 

Amid anti-CAA row, Telangana State Waqf Board witnesses 3-time hike in applications for marriage certificate

16 hours ago  
Business / Business Standard/ General News  
The Telangana State Waqf Board has witnessed a three-time hike in a number of applications received for 'marriage certificates' since the Centre passed the controversial Citizenship Amendment Act (CAA) and proposed a National Register of Citizens (NRC).People have been gathering outside the Telangana State Waqf Board's office to apply and receive their 'sianama' (marriage) certificate as well as to make corrections in it. People of different ages approached the department for their certificates even if the marriage was conducted decades ago.Speaking to ANI, Telangana Waqf Board chairman Mohammed Saleem said: "Marriage certificates that are being issued are three times more than what was issued before the CAA and NRC issue. Earlier on daily basis, we used to get requests of 300 to 400 certificates but now we are getting applications up to more than thousands everyday. The marriage certificate is considered as an authentic document for the nationality proof."At Waqf Board' office, there..