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Asingle-judge bench of Justice Nitin W Sambre of the Bombay High Court is hearing the bail pleas of Aryan Khan, Arbaaz Merchantt and Munmum Dhamecha. Incidentally, the Diwali vacation for Bombay High Court begins from November 1 and will continue till November 12. The court will also remain closed on …
Read More »Sensex, Nifty Snap Two-Day Winning Streak Dragged By Banks
The Indian equity benchmarks snapped their two-day winning streak on Wednesday dragged by losses in banking and financial services shares such as Axis Bank, Bajaj Finance, Bajaj Finserv, HDFC Bank and Kotak Mahindra Bank. For most part of the day, Sensex and Nifty traded in a narrow range but late …
Read More »Reliance-Iconix Joint Venture Gets Brand Rights For Lee Cooper
A joint venture between Reliance Industries Limited and US-based Iconix Brand Group has acquired the brand rights for Lee Cooper denim in India, the companies said on Wednesday. Iconix, which owns international rights to the brand, had previously licensed Future Group to sell Lee Cooper products in India, but that …
Read More »Samsung Electronics Q3 Profit Rises To 3-Year High On Chip Sales
Samsung Electronics Co Ltd’s third-quarter profit rose 28% to its highest in three years, as strong memory chip prices, chip contract manufacturing and display sales outweighed increased costs to produce consumer electronics. Operating profit rose to 15.8 trillion won ($13.48 billion) for July-September, from 12.35 trillion won a year earlier, …
Read More »Petrol Breaches Rs114 Per Litre-Mark In Mumbai; Diesel Above Rs-105
Fuel prices continued to surge to record high levels on Thursday, October 28, for the second straight day. In the national capital, petrol and diesel rates soared 35 paise to cost ₹ 108.29 and ₹ 97.02 per litre respectively, according to Indian Oil Corporation. Petrol now costs 37.07 per cent …
Read More »Microsoft Nearly Overtakes Apple As World’s Most Valuable Company
A surge in Microsoft Corp’s shares nearly unseated Apple Inc as the world’s most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results. Fueled by strong quarterly growth in its Azure cloud-computing business, Microsoft’s shares jumped 4.2 per cent to end at a record $323.17, …
Read More »September Crude Imports Hit 5-Month High As Business Activity Pick-Up
India’s crude oil imports in September hit a five-month high, government data showed on Wednesday, as a pick up in economic activity and mobility led to higher fuel demand. Crude oil imports in the world’s third largest oil consumer and importer rose 16% to 17.61 million tonnes from a year …
Read More »T20 World Cup: Quinton de Kock’s withdrawal took South Africa back as a team, says Temba Bavuma
South Africa were taken “back as a team” when they got to know of Quinton de Kock’s decision to withdraw from their T20 World Cup match against the West Indies. De Kock’s withdrawal followed closely on the heels of Cricket South Africa issuing a directive to its players to take …
Read More »T20 World Cup: Pakistan are certainly the ones to watch, says New Zealand captain Kane Williamson
New Zealand captain Kane Williamson said that their defeat to Pakistan was a “tough pill to swallow” but admitted their opponents on the day are the team to watch out for in the tournament. While Pakistan had a wobble in the middle overs during their chase, they managed to beat …
Read More »Harsha Bhogle slams Waqar Younis for calling Rizwan’s on-field namaz in front of Hindus special
Controversies around the high-voltage India-Pakistan T20 World Cup match on October 24 refuse to die. Former Pakistan cricketer Waqar Younis sparked a fresh controversy on Tuesday, October 26, when he said on a Pakistani news channel that watching Pakistani opener Mohammad Rizwan offering namaz “in front of Hindus was very …
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