Yahoo Finance - Business finance, stock market, quotes, newshttps://in.finance.yahoo.com/news/p-gs-gillette-sues-schick-204400337.html -- P&G's Gillette sues Schick maker Edgewell over razor blade designMon, 25 Sep 2017 16:53:09 -0500
Gillette filed its latest lawsuit against Edgewell Personal Care Co (EPC.N) roughly six months after slashing razor prices an average of 12 percent to keep rivals such as Schick, Harry's and Dollar Shave Club from cutting into its still-dominant market share for men's razors and blades. In a complaint filed in the federal court in New Haven, Connecticut, Gillette said Schick willfully infringed its 2015 patent for a removable shaving cartridge assembly by designing Hydro Connect 5 and Hydro Connect 5 Sensitive cartridges to fit Fusion razor handles.
https://in.finance.yahoo.com/news/aig-restructure-operations-three-business-115405353.html -- AIG to restructure into three new units, marking CEO's first big moveMon, 25 Sep 2017 16:45:09 -0500
Under the new structure, AIG will have a general insurance business, a life and retirement unit and a stand-alone technology unit. Two of those businesses will be led by longtime colleagues Duperreault recruited to AIG in July. The shakeup marks Duperreault's first major restructuring action after taking the helm of the company in May. Former CEO Peter Hancock stepped down, citing a lack of confidence from the board and investors.
https://in.finance.yahoo.com/news/qatar-airways-chief-wants-expand-214301395.html -- Qatar Airways chief wants to expand fleet, look for U.S. investmentsMon, 25 Sep 2017 16:43:01 -0500
Qatar Airways Chief Executive Akbar Al Baker said on Monday the carrier plans to expand its fleet, stepping up orders for Boeing Co (BA.N) aircraft and accepting four Airbus (AIR.PA) aircraft that it had cancelled in July because of delays due to supplier problems. Al Baker, who spoke at an event in which he formally accepted delivery of Qatar Airways' first Boeing 747-8 freighter, disclosed plans to acquire the four 777-300 aircraft, which can accommodate up to 396 passengers depending on the seating configuration. In addition, Qatar Airways will order all 60 of the Boeing 737 airplanes for which it signed a letter of intent last year, he said.
https://in.finance.yahoo.com/news/thyssenkrupp-raise-capital-ahead-tata-173317776.html -- Thyssenkrupp raises 1.4 billion euros via share saleMon, 25 Sep 2017 16:31:54 -0500
Thyssenkrupp AG (TKAG.DE) raised almost 1.4 billion euros ($1.66 billion) from institutional investors on Monday in a share sale to bolster its balance sheet ahead of a planned merger with India's Tata Steel (TISC.NS). The two firms agreed last week to combine their European steel operations in a move to create the continent's second-largest steelmaker with revenues of about 15 billion euros. Thyssenkrupp issued 56,593,794 new no-par-value bearer shares to obtain "the financial leeway to support organic growth" in its industrial goods business, the Essen, Germany-based steelmaker said.
https://in.finance.yahoo.com/news/global-markets-euro-kiwi-slip-031530968.html -- Global markets: Stocks off after North Korea says U.S. declared war; euro slidesMon, 25 Sep 2017 15:59:48 -0500
Stocks fell on Wall Street and U.S. government bond yields dropped on Monday after North Korea accused the United States of having declared war on the isolated country, while the euro fell after German elections showed support for Chancellor Angela Merkel's conservative party fell to its lowest since 1949. On Wall Street, a selloff in tech stocks drove major indexes lower and equities fell further after North Korea's foreign minister said in a statement at the United Nations that U.S. President Donald Trump's tweets over the weekend were tantamount to a declaration of war.
https://in.finance.yahoo.com/news/siemens-ceo-says-globalism-best-204828826.html -- Siemens CEO says globalism is the best response to German electionMon, 25 Sep 2017 15:48:28 -0500
The head of German industrial manufacturer Siemens AG said on Monday that Germany's weekend election, in which the national populist Alternative for Germany party gained seats in the Bundestag, should ...
https://in.finance.yahoo.com/news/apple-set-weigh-wall-street-130829389.html -- Wall Street declines on tech selloff, North Korea concernMon, 25 Sep 2017 15:27:49 -0500
Wall Street dipped on Monday, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea's to Washington added to a cautious tone. North Korea's foreign minister said President Donald Trump had declared war on the country and it reserved the right to take countermeasures, including shooting down U.S. bombers even if they are not in its airspace. "The North Korea narrative is not going away and the longer it remains part of the conversation, the more negative it becomes," said Peter Kenny, senior market strategist at Global Markets Advisory Group, in New York.
https://in.finance.yahoo.com/news/oil-holds-gains-producers-market-034408642.html -- Oil hits highest since July 2015; producers say market rebalancingMon, 25 Sep 2017 15:24:49 -0500
Oil prices soared more than 3 percent on Monday, with Brent hitting its highest in more than two years, after major producers said the global market was on its way to rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region towards its ports. "It's all driven by the idea that the production cut is starting to work and the rebalance is underway," said Gene McGillian, director of market research at Tradition Energy in New York. Turkey has said it could cut off a pipeline that carries oil from northern Iraq to the global market, putting more pressure on the Kurdish autonomous region over its independence referendum.
https://in.finance.yahoo.com/news/tech-stocks-sell-off-deepens-201508587.html -- Tech stocks sell-off deepens fears of shift away from sectorMon, 25 Sep 2017 15:15:08 -0500
Technology stocks including Facebook (FB.O), Microsoft (MSFT.O) and Alphabet (GOOGL.O) dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favour as investors look elsewhere for cheaper opportunities. Facebook fell 4.6 percent, on track for its worst day in nearly a year and eliminating over $20 billion of its market value, while Microsoft, Apple (AAPL.O) and Alphabet each lost more than 1 percent.
https://in.finance.yahoo.com/news/uber-rival-lyft-met-london-201148626.html -- Uber rival Lyft met London transport officials - documents showMon, 25 Sep 2017 15:11:48 -0500
FRANKFURT/LONDON (Reuters) - Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London's transport regulator over the past year, a sign it may be targeting the city for international expansion. Transport for London (TfL), which oversees taxi and private hire car operators, published details of the meetings with Lyft executives in response to a UK government freedom of information request in July. If Lyft enters the London market Uber would face its first well-funded competitor in Europe when it is trying to overturn a decision by TfL not to renew its licence.
https://in.finance.yahoo.com/news/fed-policymakers-clash-outlook-inflation-194716487.html -- Fed policymakers clash on outlook for inflationMon, 25 Sep 2017 14:47:16 -0500
SYRACUSE, N.Y./GRAND RAPIDS, Mich. (Reuters) - A debate within the Federal Reserve over the outlook for U.S. inflation burst into public view just days after a rate-setting meeting in Washington, with one central banker saying inflation weakness is fading and another suggesting he's nervous it won't. Both New York Federal Reserve Bank President William Dudley and Chicago Fed President Charles Evans said they believe the U.S. economy's fundamentals are sound, and both said they support gradual rate hikes ahead.
https://in.finance.yahoo.com/news/gold-falls-dollar-firms-north-044314987.html -- Gold rises as geopolitical risks drive safe-haven buyingMon, 25 Sep 2017 14:42:30 -0500
Gold prices rose on Monday, reversing earlier losses as geopolitical risks drove safe-haven buying. Bullion rose 1 percent on rising tensions between North Korea and the United States, and on German Chancellor ...
https://in.finance.yahoo.com/news/apologising-london-uber-ceo-offers-120024915.html -- Apologising to London, Uber CEO offers change to keep licenceMon, 25 Sep 2017 14:30:10 -0500
Uber's new boss Dara Khosrowshahi apologised to Londoners for the taxi app's mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its licence in one of its major markets. The British capital's transport regulator on Friday deemed Uber unfit to run a taxi service and decided not to renew its licence to operate, which will end this week, citing the firm's approach to reporting serious criminal offences and background checks on drivers. Mayor Sadiq Khan, a Labour politician who has criticised the firm in the past, said on Monday he had asked Transport for London (TfL) to be available to meet CEO Khosrowshahi.
https://in.finance.yahoo.com/news/apple-shares-flirt-correction-territory-192728046.html -- Apple shares flirt with correction territoryMon, 25 Sep 2017 14:27:28 -0500
Shares of Apple Inc (AAPL.O) dipped on Monday and flirted with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes, citing unnamed sources, reported that Apple suppliers were shipping just 40 percent of the components originally ordered for the premium phone, which goes on sale in early November. Apple did not immediately respond to a request for comment.
https://in.finance.yahoo.com/news/siemens-likely-pick-alstom-rail-112947085.html -- Siemens likely to pick Alstom for rail merger - sourcesMon, 25 Sep 2017 14:11:18 -0500
MUNICH/FRANKFURT (Reuters) - German industrial group Siemens (SIEGn.DE) is likely to decide on Tuesday to pursue a multibillion-dollar rail merger with French rival Alstom (ALSO.PA) rather than Canada's Bombardier (BBDb.TO), two sources familiar with the matter told Reuters. "I think Alstom will make it," one of the people said on Monday. The second person said Siemens' supervisory board would decide the matter on Tuesday, also describing Alstom as the frontrunner.
https://in.finance.yahoo.com/news/deloitte-hit-cyber-attack-says-153524722.html -- Deloitte hacked, says 'very few' clients affectedMon, 25 Sep 2017 14:10:06 -0500
LONDON/TORONTO (Reuters) - Global accounting firm Deloitte [DLTE.UL] said on Monday it was the victim of a cyber attack that affected the data of a small number of clients, providing few details on the breach. Deloitte said in a statement that attackers accessed data from the company's email platform, confirming some details in a report by the Guardian newspaper, which broke news of the hack on Monday. Deloitte's statement did not confirm those details.
https://in.finance.yahoo.com/news/increased-r-d-spends-capex-185354704.html -- Increased R&D Spends And Capex Led To Margin Decline In Q1, Says Minda CorpMon, 25 Sep 2017 13:53:54 -0500
Minda Corp’s margin contracted 250 basis points to 7.5% in Q1.
https://in.finance.yahoo.com/news/government-addressing-challenges-economy-says-183311514.html -- Government Addressing Challenges On Economy, Says Arun JaitleyMon, 25 Sep 2017 13:33:11 -0500
Jaitley rejects criticism that the economy had been adversely affected by demonetisation
https://in.finance.yahoo.com/news/ongc-fund-solar-electric-stove-183049540.html -- ONGC to fund solar electric stove project: PradhanMon, 25 Sep 2017 13:30:49 -0500
New Delhi, Sep 25 (IANS) The union government on Monday said energy major ONGC will fund and encourage startups to carry out research and innovation for development of advance electric household stoves which can be powered using solar power. According to Union Petroleum and Natural Gas Minister Dharmendra Pradhan, funds from the "ONGC StartUp Program" will be used to make the idea of solar-powered electric stove a reality.
https://in.finance.yahoo.com/news/more-74-600-companies-set-182245493.html -- More Than 74,600 Companies Set Up In First Eight Months Of 2017Mon, 25 Sep 2017 13:22:45 -0500
At the end of August, there were little over 11.34 lakh active companies.
https://in.finance.yahoo.com/news/sebi-chief-ajay-tyagi-named-182034526.html -- SEBI Chief Ajay Tyagi Named Among World’s Top 10 RegulatorsMon, 25 Sep 2017 13:20:34 -0500
Ajay Tyagi ranks seventh among the top ten regulators in the world.
https://in.finance.yahoo.com/news/battle-against-corruption-uncompromising-no-181654251.html -- My Battle Against Corruption Is Uncompromising, No One Will Be Spared: ModiMon, 25 Sep 2017 13:16:54 -0500
Modi tells BJP’s national executive that his resolve to fight corruption is uncompromising
https://in.finance.yahoo.com/news/target-raises-minimum-hourly-wage-180553799.html -- Target raises minimum hourly wage to $11, pledges $15 by end of 2020Mon, 25 Sep 2017 13:05:53 -0500
Target Corp said on Monday it would increase its minimum hourly wage this year by a dollar to $11, vowing to raise this by the end of 2020 to $15 an hour -- the so-called "living wage" labor advocates across the United States are campaigning for. The Minneapolis-based retailer, which plans to start hiking minimum pay across its stores to $11 an hour in October, provided assurances that the move would not hurt its previously announced full-year and quarterly earnings forecasts. Amid increasing competition for workers in a strengthening labor market, the "Fight for Fifteen" movement -- a union-led push for a $15 minimum wage -- has been gaining traction in cities across the country.
https://in.finance.yahoo.com/news/ex-hsbc-currency-chiefs-motives-172030343.html -- Ex-HSBC currency chief's motives debated as U.S. fraud trial startsMon, 25 Sep 2017 12:20:30 -0500
A former top HSBC Holdings Plc executive threw his Scottish client "under the bus" by using his knowledge of its large planned currency transaction to do his own trading first, a U.S. prosecutor said on Monday at the start of a closely-watched trial. Johnson, the former head of HSBC's global foreign exchange cash trading desk, is the first banker to be tried in the United States on currency rigging charges, following worldwide investigations into the roughly $5.1 trillion-a-day market. Johnson's trial in Brooklyn, New York, is expected to last four weeks.
https://in.finance.yahoo.com/news/citigroup-pay-fine-swap-data-164833648.html -- Citigroup to pay a fine for swap data reporting violations: U.S. CFTCMon, 25 Sep 2017 11:48:33 -0500
Citigroup Inc has agreed to pay a $550,000 penalty for swap data reporting violations and improve such reporting, the U.S. Commodity Futures Trading Commission said in a statement on Monday. The CFTC said ...
https://in.finance.yahoo.com/news/ecb-comfortable-margin-negative-rate-164130870.html -- ECB has 'comfortable margin' before negative rate hurts lendingMon, 25 Sep 2017 11:41:30 -0500
The European Central Bank still has a "comfortable margin" before its negative rate on banks' deposits starts hurting their lending to the euro zone economy, ECB director Benoit Coeure said on Monday.
https://in.finance.yahoo.com/news/fed-needs-see-prices-rise-163841267.html -- Fed needs to see prices rise before next rate hike, Evans saysMon, 25 Sep 2017 11:38:41 -0500
Chicago Federal Reserve Bank President Charles Evans, who votes this year on monetary policy, said he broadly agrees with his colleagues who believe rates should rise gradually to about 2.7 percent over the next two years or so, from the current range of between 1 percent and 1.25 percent. "We need to see clear signs of building wage and price pressures before taking the next step in removing accommodation," Chicago Federal Reserve Bank President Charles Evans said in remarks prepared for delivery to the Economic Club of Grand Rapids.
https://in.finance.yahoo.com/news/flipkart-beats-amazon-india-biggest-163055335.html -- Flipkart Beats Amazon In India’s Biggest-Ever Online Sale, Says SurveyMon, 25 Sep 2017 11:30:55 -0500
Indian e-commerce industry generates $1.5 billion in gross sale in this year’s festive offer.
https://in.finance.yahoo.com/news/nets-welcomes-5-3-billion-110841276.html -- Nets welcomes $5.3 billion takeover bid by Hellman & FriedmanMon, 25 Sep 2017 11:30:26 -0500
Payments firm Nets on Monday welcomed a 33.1 billion Danish crown ($5.3 billion) bid from U.S. firm Hellman & Friedman, marking what could be one of the largest European private equity takeovers in recent years. Nets said in July it had been approached by potential buyers as the payments industry sees a wave of deals, with consumers switching to card and mobile payments and regulatory changes promising to open up the fragmented market. The Danish firm was taken public in Copenhagen a year ago and was valued at 30 billion crowns, or 150 crowns per share, double what Advent International, Bain Capital and Danish pension fund ATP had paid for it two years earlier.
https://in.finance.yahoo.com/news/ecb-becoming-more-confident-inflation-131030316.html -- ECB's Draghi warns against hasty policy movesMon, 25 Sep 2017 11:22:52 -0500
The European Central Bank is growing increasingly confident that inflation will rise back to its target, but patience is still needed, not least to make sure the economic recovery lasts, ECB President Mario Draghi said on Monday. Draghi singled out currency volatility as a source of uncertainty that required monitoring and argued that "ample" ECB accommodation was still needed, because a premature and hasty move could unravel its work. "Overall, we are becoming more confident that inflation will eventually head to levels in line with our inflation aim, but we also know that a very substantial degree of monetary accommodation is still needed for the upward inflation path to materialise," Draghi said.
https://in.finance.yahoo.com/news/bhel-shareholders-approve-bonus-share-161429481.html -- BHEL Shareholders Approve Bonus Share, 79% Dividend Mon, 25 Sep 2017 11:14:29 -0500
BHEL to issue 1 new equity bonus share for every 2 existing shares.
https://in.finance.yahoo.com/news/banks-t-hold-more-10-161143473.html -- Banks Can’t Hold More Than 10% Stake In Deposit Taking NBFCs, Says RBIMon, 25 Sep 2017 11:11:43 -0500
RBI wont allow banks to hold more than 10% stake in a deposit taking NBFC
https://in.finance.yahoo.com/news/india-unveils-2-5-billion-155050626.html -- India unveils $2.5 billion plan to electrify all households by end 2018Mon, 25 Sep 2017 10:50:50 -0500
India's Prime Minister Narendra Modi on Monday launched a $2.5 billion project to electrify all of the country's households by the end of 2018. More than 40 million households - about a quarter of all in the country - are yet to be electrified and about 300 million of India's 1.3 billion people are still not hooked up to the grid. "No fee will be charged for electricity connection in households of poor citizens," Modi said at an event where he launched the project.
https://in.finance.yahoo.com/news/bombardier-slides-likely-siemens-alstom-153714892.html -- Bombardier slides on likely Siemens-Alstom deal; awaits Boeing rulingMon, 25 Sep 2017 10:37:14 -0500
Bombardier Inc shares extended their recent losses to hit a four-month low on Monday following a report that the train and plane maker likely will lose out to Alstom SA in a rail deal with Siemens AG. The Canadian train maker had been reported this summer to be in the final stages of talks with Siemens to combine their rail operations, a deal that would have given Bombardier added heft to compete with China's CRRC Corp Ltd. Sources have told Reuters that Siemens sees Alstom as more financially stable than Bombardier and that the Canadian company also would have wanted to have control over a transportation joint venture, which Siemens was reluctant to cede.
https://in.finance.yahoo.com/news/pil-filed-supreme-court-seeking-153621787.html -- PIL Filed In Supreme Court Seeking Safeguarding Rights, Interests Of HomebuyersMon, 25 Sep 2017 10:36:21 -0500
The fresh plea seeks protection of homebuyers’ rights and financial interests in IBC.
https://in.finance.yahoo.com/news/governments-mudra-promotion-drive-september-152205381.html -- Government's Mudra promotion drive from September 27Mon, 25 Sep 2017 10:22:05 -0500
New Delhi, Sep 25 (IANS) The government on Monday said it will hold pan-India Mudra promotion campaigns from September 27 to October 17. A total of 50 campaigns will be organised by the Department of Financial Services (DFS) under the Ministry of Finance. "The campaign will start on September 27 at Varanasi in Uttar Pradesh, where Union Minister for Railway and Coal Piyush Goyal will participate.
https://in.finance.yahoo.com/news/godrej-agrovet-ipo-price-band-152111648.html -- Godrej Agrovet IPO Price Band Fixed At Rs 450-460Mon, 25 Sep 2017 10:21:11 -0500
Godrej Industries, Temasek arm to offload part of its stake via the IPO.
https://in.finance.yahoo.com/news/air-berlin-says-easyjet-interested-143959073.html -- Air Berlin races to clinch deal with Lufthansa, easyJetMon, 25 Sep 2017 10:08:27 -0500
Insolvent German airline Air Berlin hopes to conclude talks with Lufthansa and easyJet on a carve-up of its assets by the middle of next month as it races to secure jobs and keep flying. Air Berlin, which has around 8,000 employees, filed for insolvency in August after major shareholder Etihad said it would stop providing funding. Lufthansa has bid for units including leisure airline Niki and regional carrier LGW plus around 13 A320 jets, while easyJet has bid for 27-30 planes, Air Berlin administrator Frank Kebekus said on Monday.
https://in.finance.yahoo.com/news/saudi-finance-minister-tells-bond-143420580.html -- Saudi finance minister tells bond investors Aramco IPO to go ahead in 2018Mon, 25 Sep 2017 09:56:47 -0500
Saudi Finance Minister Mohammed al-Jadaan told bond investors during a presentation on Monday that the initial public offering (IPO) of Saudi state oil giant Aramco will proceed as planned in 2018, sources familiar with the matter told Reuters. Aramco has previously said the listing remained "on track" after a report that the oil company was preparing contingency plans for a possible delay into 2019. Saudi Arabia held the global investor call in preparation for a potential third international bond issuance, having issued a $17.5 billion international bond last year and a $9 billion sukuk in April.
https://in.finance.yahoo.com/news/reuters-summit-uk-financial-watchdog-145227785.html -- Reuters Summit: UK financial watchdog defends listing plans ahead of Aramco IPOMon, 25 Sep 2017 09:52:27 -0500
Britain's financial watchdog on Monday defended plans to relax rules on listing state companies which corporate governance groups say could leave investors with less protection. The FCA in July proposed a new listing category for companies controlled by sovereign states in a move seen as helping London win the initial public offering of oil giant Saudi Aramco, which is likely to be the largest ever IPO. "We want to see London markets develop, we want to see them innovate, but we want to see it happen in a sense transparently and safely, and the reason we put the proposal forward as we did is that we think that does achieve it," Financial Conduct Authority Chief Executive Andrew Bailey said.
https://in.finance.yahoo.com/news/patanjali-t-taken-lightly-says-144815185.html -- Patanjali Can’t Be Taken Lightly, Says Harsh MariwalaMon, 25 Sep 2017 09:48:15 -0500
Marico’s Mariwala says Patanjali has 1-2 percent market share in hair oils.
https://in.finance.yahoo.com/news/modi-forms-economic-council-amid-144123341.html -- PM Modi forms economic council amid slowdownMon, 25 Sep 2017 09:42:40 -0500
Prime Minister Narendra Modi has set up a economic advisory council, the government said on Monday, as concerns grow about a slowdown in Asia's third largest economy. The new council, headed by Bibek Debroy, a member of Modi's federal think tank Niti Aayog, will address "issues of macroeconomic importance" and present its views to the prime minister, the government statement said. A few quarters ago, India was the world's fastest growing major economy.
https://in.finance.yahoo.com/news/sebi-gives-more-time-brokers-143909401.html -- SEBI Gives More Time To Brokers To Submit Data On Clients’ FundsMon, 25 Sep 2017 09:39:09 -0500
Stock brokers can now submit monthly data on their clients’ funds within three trading days after the month-end.
https://in.finance.yahoo.com/news/uk-ireland-concerned-impact-boeing-143249652.html -- UK and Ireland concerned about impact of Boeing-Bombardier dispute on Northern IrelandMon, 25 Sep 2017 09:32:49 -0500
Britain and Ireland are concerned about the impact of a dispute between Boeing Co and Canadian rival Bombardier on jobs in Northern Ireland, a spokeswoman for British Prime Minister Theresa May said on Monday. May spoke about the issue with Irish Prime Minister Leo Varadkar at a meeting in London at which Brexit was discussed, May's spokeswoman said. "They also spoke about the ongoing trade dispute between Boeing and Bombardier and their shared concern about the impact this could have on jobs and livelihoods in Northern Ireland," she said.
https://in.finance.yahoo.com/news/reuters-summit-no-european-banks-143030978.html -- Reuters Summit: No European banks have asked for UK licences as Brexit loomsMon, 25 Sep 2017 09:30:30 -0500
Britain's financial watchdog has not had any applications as yet for licences from European Union financial firms operating in Britain which may lose the right to "passport" their services into the country once it leaves the EU in March 2019. Almost 13,500 banks, insurers, asset managers and other financial firms use EU passporting rules that allow easy access between Britain and the rest of the bloc.
https://in.finance.yahoo.com/news/government-hold-mudra-promotion-campaigns-142004375.html -- Government to hold Mudra promotion campaigns from September 27Mon, 25 Sep 2017 09:20:04 -0500
New Delhi, Sep 25 (IANS) The government on Monday said it will hold pan-India Mudra promotion campaigns from September 27 to October 17. A total of 50 campaigns will be organised by the Department of Financial ...
https://in.finance.yahoo.com/news/sbi-eases-minimum-balance-rules-141801478.html -- SBI Eases Minimum Balance Rules On Savings AccountsMon, 25 Sep 2017 09:18:01 -0500
SBI cut minimum balance requirement to Rs 3,000 from Rs 5,000 earlier.
https://in.finance.yahoo.com/news/carmakers-coal-plants-seen-suffering-141644902.html -- Carmakers, coal plants seen suffering if Greens join German coalitionMon, 25 Sep 2017 09:16:44 -0500
The emergence of the Greens as likely powerbrokers in a future German government coalition could spell bad news for the country's car and coal power industries. Following Sunday's general election, Chancellor Angela Merkel's coalition partner, the Social Democrats (SPD), said it would go into opposition, meaning the Christian Democrats (CDU) may now seek a deal with the business-friendly Free Democrats and the pro-enviroment Greens. Talks on such a coalition would be highly complex, but could see the Greens pressing their key policies on the energy and autos sectors, which are already grappling with Germany's shift away from nuclear power and a diesel emissions scandal.
https://in.finance.yahoo.com/news/pm-unveils-power-2019-scheme-140650203.html -- PM Unveils ‘Power For All By 2019’ SchemeMon, 25 Sep 2017 09:06:50 -0500
New Rs 16,320-crore Pradhan Mantri Sahaj Bijli Har Ghar Yojana-Saubhagya to provide electricity to all.
https://in.finance.yahoo.com/news/deloitte-says-very-few-clients-135546119.html -- Deloitte hit by cyber attack, says 'very few' clients impactedMon, 25 Sep 2017 08:56:58 -0500
Global accountancy firm Deloitte said on Monday it had reviewed its systems following a cyber attack which it said had affected a small number of its clients. A spokeswoman said "only very few clients" ...