Yahoo Finance - Business finance, stock market, quotes, newshttps://in.finance.yahoo.com/news/banks-recover-dues-worth-rs-085119439.html -- Banks recover dues worth Rs. 83,000cr from 2,100 companiesWed, 23 May 2018 03:51:19 -0500
Thousands of companies have started paying back their dues to banks and other lenders for fear of action being initiated against them under the Insolvency and Bankruptcy Code (IBC). The ToI reported that over 2,100 companies had paid their dues - worth a whopping Rs. 83,000cr - after the government amended the IBC. However, banks still face an uphill task. Here's more on it.
https://in.finance.yahoo.com/news/job-danger-companies-may-fewer-084812407.html -- Companies may need fewer employees in future due to automation. Is your job in danger?Wed, 23 May 2018 03:48:12 -0500
Companies expect use of automation in the workplace to increase from a current 14 percent to 27 percent in three years in India, higher than the APAC average
https://in.finance.yahoo.com/news/motherson-sumi-systems-falls-6-084751748.html -- Motherson Sumi Systems falls 6% after Q4 earnings miss analyst estimatesWed, 23 May 2018 03:47:51 -0500
Motherson bagged new orders worth Rs 18,109 crore (euro 2.4 billion) during second half of FY18 and for the full year the new orders won were worth over Rs 35,464 crore (euro 4.7 billion), the company said.
https://in.finance.yahoo.com/news/amazon-under-fire-selling-real-084100843.html -- Amazon under fire for selling real-time face-recognition technology to policeWed, 23 May 2018 03:41:00 -0500
Amazon Rekognition is currently being used by the County Police of Orlando, Florida and Washington to identify people in real-time
https://in.finance.yahoo.com/news/spectra-takes-airtel-v-fiber-083400623.html -- Spectra takes on Airtel V-Fiber, ACT with 1 Gbps broadband plan at Rs 1249Wed, 23 May 2018 03:34:00 -0500
Spectra, an end to end optic fibre (FTTH) internet service provider headquartered in Gurugram, has launched a new broadband plan at Rs 1,249.
https://in.finance.yahoo.com/news/mrpl-hpcl-merger-fy-apos-083116642.html -- MRPL, HPCL merger in FY'19: Mukesh Kumar SuranaWed, 23 May 2018 03:31:16 -0500
Oil and Natural Gas Corp (ONGC), India's biggest oil and gas producer, earlier this year completed the acquisition of HPCL for Rs 36,915 crore.
https://in.finance.yahoo.com/news/pursue-types-financial-listings-nyse-082913215.html -- Will pursue new types of financial listings: NYSE's first woman presidentWed, 23 May 2018 03:29:13 -0500
Cunningham, 43, who began her career as a summer intern at the NYSE over two decades ago will assume charge as the 67th president of the exchange on Friday.
https://in.finance.yahoo.com/news/htc-accidentally-leaks-u12-plus-082825814.html -- HTC accidentally leaks U12 Plus price, specs ahead of May 23 launchWed, 23 May 2018 03:28:25 -0500
The device will include a 6GB RAM, a Snapdragon 845 processor, 3500mAh battery, 128GB storage, Boomsound audio and IP68 water/dust resistance screen.
https://in.finance.yahoo.com/news/bajaj-electricals-gains-6-despite-082517521.html -- Bajaj Electricals gains 6% despite 81% fall in Q4 net profit Rs 7.3 crWed, 23 May 2018 03:25:17 -0500
Revenue of the company increased by 27 percent at Rs 1,606.3 crore against Rs 1,264 crore.
https://in.finance.yahoo.com/news/harman-jbl-2-water-resistant-082500943.html -- HARMAN JBL GO 2 water-resistant Bluetooth speaker launched in India for Rs 2,999Wed, 23 May 2018 03:25:00 -0500
JBL GO 2 also offers a crystal-clear phone call experience thanks to its built-in echo and noise canceling speakerphone
https://in.finance.yahoo.com/news/pubg-mobile-crosses-whopping-10-082458381.html -- PUBG Mobile Crosses a Whopping 10 Million Daily Active UsersWed, 23 May 2018 03:24:58 -0500
PUBG MOBILE has surpassed 10 million daily active users (DAUs) around the world (excluding China).
https://in.finance.yahoo.com/news/porsche-recalls-apos-first-porsche-082414160.html -- Porsche Recalls 'My First Porsche' Wooden Toy Car Over Child Safety HazardWed, 23 May 2018 03:24:14 -0500
The toy is intended for children aged one year and up and bears the Stuttgart automaker's famed crest on the hood and was sold at Porsche dealerships and online since 2015.
https://in.finance.yahoo.com/news/fortis-shareholders-vote-remove-brian-082003432.html -- Fortis Shareholders Vote To Remove Brian Tempest From The Board Wed, 23 May 2018 03:20:03 -0500
Suvalaxmi Chakraborty, Ravi Rajagopal, and Indrajit Banerjee have been appointed as independent directors.
https://in.news.yahoo.com/petrol-diesel-prices-may-slashed-081953344.html -- Petrol, diesel prices may be slashed by Rs 2 per litre, but Chidambaram believes even Rs 25 cut is possibleWed, 23 May 2018 03:19:53 -0500
A tougher option could be to finally bring petrol and diesel under GST, which has been dangled as a lollipop for a long time. Even at a prohibitive 18 per cent tax rate, petrol would barely cost Rs 45.75 per litre.
https://in.finance.yahoo.com/news/brokerage-sees-67-upside-innerwear-081715761.html -- Brokerage sees 67% upside in this innerwear maker; is it the right fit for you?Wed, 23 May 2018 03:17:15 -0500
Stewart & Mackertich Research has initiated coverage on Dollar Industries with a strong buy rating and a price target of Rs 656.
https://in.finance.yahoo.com/news/mobiistar-xq-dual-cq-selfie-081500490.html -- Mobiistar XQ Dual, CQ selfie-centric budget phones launched starting at Rs 4,999Wed, 23 May 2018 03:15:00 -0500
Mobiistar's first set of smartphones for the Indian market fall in the budget segment and are both selfie-focussed phones.
https://in.finance.yahoo.com/news/ptron-musicbot-bluetooth-speakers-launched-081444935.html -- PTron Musicbot Bluetooth Speakers Launched in India For Rs 699Wed, 23 May 2018 03:14:44 -0500
PTron Musicbot has been launched as a mini wireless Bluetooth speaker in India. Check out what it has to offer.
https://in.finance.yahoo.com/news/jaguar-j-pace-flagship-suv-081237701.html -- Jaguar J-Pace flagship SUV to make global debut by 2021Wed, 23 May 2018 03:12:37 -0500
Jaguar has filed for a global trademark for the J-Pace name, suggesting development progress
https://in.finance.yahoo.com/news/cooler-master-launches-masterbox-k500l-081155120.html -- Cooler Master Launches the New MasterBox K500L For Gamers At Rs 4,600Wed, 23 May 2018 03:11:55 -0500
The company claims that the 3D Mesh innovation on the MasterBox K500L helps in enhancing the look as well as bring performance benefits such as excellent dust rejection.
https://in.finance.yahoo.com/video/nyses-first-female-president-stacey-081011292.html -- NYSE's first female President: Stacey Cunningham's journey from an intern to the top bossWed, 23 May 2018 03:10:11 -0500
Cunningham becomes the second woman to lead a global stock exchange.
https://in.finance.yahoo.com/news/nyse-apos-first-female-president-081011728.html -- NYSE's first female President: Stacey Cunningham's journey from an intern to the top bossWed, 23 May 2018 03:10:11 -0500
Cunningham becomes the second woman to lead a global stock exchange.
https://in.finance.yahoo.com/news/market-psu-banks-rally-led-080846851.html -- Market Update: PSU banks rally led by SBI, Andhra Bank; HPCL, BPCL fall 4%Wed, 23 May 2018 03:08:46 -0500
The stocks that hit new 52-week lows include ACC, Adani Power, Ceat, Engineers India, Chennai Petroleum, Titagarh Wagons, UltraTech Cement and Vakrangee among others.
https://in.finance.yahoo.com/news/analysts-apos-view-buzzing-stocks-080845269.html -- Analysts' View On Buzzing Stocks Like Bajaj Finserv, Bharat Forge, SBI & MoreWed, 23 May 2018 03:08:45 -0500
Analysts' View On Buzzing Stocks Like Bajaj Finserv, Bharat Forge, SBI & More
https://in.finance.yahoo.com/news/global-cues-subdue-key-equity-080804670.html -- Global cues subdue key equity indices; Vedanta scrips fallWed, 23 May 2018 03:08:04 -0500
Mumbai, May 23 (IANS) Weakness in global markets along with concerns of renewed geopolitical and trade tensions subdued the key Indian equity indices on Wednesday afternoon making the bourses trade on ...
https://in.finance.yahoo.com/news/karnataka-election-results-2018-live-032024312.html -- Karnataka Election LIVE: Kumaraswamy swearing-in today, floor test to be conducted on FridayWed, 23 May 2018 03:05:24 -0500
HD Kumaraswamy of the Janata Dal (Secular) will be sworn-in as the Chief Minister of Karnataka today. Congress’ G Parameshwara will take oath as the Deputy Chief Minister.
https://in.finance.yahoo.com/news/top-5-whatsapp-features-2018-075728393.html -- Top 5 WhatsApp Features in 2018: Group Video Calls, Facebook to WhatsApp Sharing And MoreWed, 23 May 2018 02:57:28 -0500
Here are the top WhatsApp features which are about to be a part of your WhatsApp experience soon.
https://in.finance.yahoo.com/news/2018-hyundai-creta-facelift-vs-075510459.html -- 2018 Hyundai Creta Facelift Vs Jeep Compass - Specs, Price, Features and Which One is a Better SUV?Wed, 23 May 2018 02:55:10 -0500
Following is a comparison of the 2018 Hyundai Creta SUV Facelift and Jeep Compass based on specifications and the features they offer.
https://in.finance.yahoo.com/news/idfc-mutual-fund-seeks-sebi-075454269.html -- IDFC Mutual Fund seeks SEBI nod for small cap fundWed, 23 May 2018 02:54:54 -0500
The open-ended equity scheme will invest at least 65 percent of its corpus in equity and equity-related instruments of small cap companies
https://in.finance.yahoo.com/news/motherson-sumi-q4-misses-estimates-075426086.html -- Motherson Sumi Q4 misses estimates; profit up 9% at Rs 518 cr, revenue jumps 37%Wed, 23 May 2018 02:54:26 -0500
Revenue growth remained strong but operational performance was not that great.
https://in.finance.yahoo.com/news/fuel-prices-reaches-time-high-075157084.html -- Fuel Prices Reaches All-Time High: Top 5 Affordable CNG Cars to Buy in IndiaWed, 23 May 2018 02:51:57 -0500
CNG fuel is both cheap to refill, and better in mileage as compared to the diesel and petrol cars.
https://in.finance.yahoo.com/news/ibc-cabinet-approves-ordinance-change-074756452.html -- IBC: Cabinet Approves Ordinance To Change Bankruptcy RulesWed, 23 May 2018 02:47:56 -0500
The Narendra Modi government today moved to amend the Insolvency and Bankruptcy Code via the ordinance route.
https://in.finance.yahoo.com/news/tata-steel-vs-jsw-steel-074746291.html -- Tata Steel Vs JSW Steel: A cat-mouse race to the topWed, 23 May 2018 02:47:46 -0500
Bhushan Steel's annual capacity of 5.6 million tons takes Tata Steel's total volume to 18.6 million tons, around half-a-million tons more than JSW Steel's capacity of 18.1 million tons.
https://in.finance.yahoo.com/news/indian-companies-expect-double-workplace-074446970.html -- Indian companies expect to double workplace automation over the next three years, says surveyWed, 23 May 2018 02:44:46 -0500
Workplace automation, including the use of artificial intelligence and robotics, is expected to double in India in the coming three years which is expected to be more than the global and APAC average, according to the Global Future of Work survey by advisory company Willis Towers Watson.
https://in.finance.yahoo.com/news/motherson-sumi-systems-fourth-quarter-073834088.html -- Motherson Sumi Systems fourth-quarter profit rises over 9 percentWed, 23 May 2018 02:38:34 -0500
Auto parts maker Motherson Sumi Systems Ltd posted a 9.2 percent rise in fourth-quarter net profit on Wednesday, but fell short of analysts' expectations. Net profit was 5.18 billion rupees in the quarter ...
https://in.finance.yahoo.com/news/bombay-high-court-asks-sgx-073505986.html -- Bombay High Court asks SGX not to launch new products before June 4: ReportWed, 23 May 2018 02:35:05 -0500
The SGX on Tuesday said they will list new Indian derivatives on their exchange in June, as originally scheduled
https://in.finance.yahoo.com/news/whatsapp-now-allows-users-download-073341915.html -- WhatsApp Now Allows Users To Download Their Data That It Collects: How To Get It And MoreWed, 23 May 2018 02:33:41 -0500
This allows the users to request and even export a report of their account information like contacts, profile photos, groups and is even allowing you to port to another IM messaging app if you are still not confident of using WhatsApp.
https://in.finance.yahoo.com/news/sebi-auction-20-assets-pancard-073313105.html -- Sebi to auction 20 assets of Pancard; reserve price at Rs 1,700-crWed, 23 May 2018 02:33:13 -0500
In a notice issued today, the Securities and Exchange Board of India (Sebi) said SBI Capital Markets will auction 17 properties of Pancard Clubs and three properties of its late CMD Sudhir Moravekar on June 27 at a reserve price of about Rs 1,733 crore.
https://in.news.yahoo.com/softbank-selling-off-20-stake-073221489.html -- Softbank is selling off its 20% stake in Flipkart to Walmart, making its first public divestmentWed, 23 May 2018 02:32:21 -0500
It also did not comment on its reasons for cashing out. The Flipkart exit comes far more quickly than SoftBank’s average investment duration of 13.5 years.
https://in.news.yahoo.com/kangana-ranaut-apos-manikarnika-costume-073000674.html -- Kangana Ranaut's Manikarnika costume designer spills the beansWed, 23 May 2018 02:30:00 -0500
Neeta Lulla designed the costume for actor Kangana Ranaut in her forthcoming period drama on Rani of Jhansi.
https://in.finance.yahoo.com/news/india-pakistan-entry-sco-increased-072715988.html -- India, Pakistan entry into SCO increased potential for cooperation: Xi JinpingWed, 23 May 2018 02:27:15 -0500
In his address to the representatives to the 13th meeting of Security Council Secretaries of the SCO here yesterday, Xi said maintaining regional security and stability has been the top priority of the bloc since it was founded.
https://in.finance.yahoo.com/news/workplace-automation-india-double-next-072313453.html -- Workplace automation in India to double in next 3 years: ReportWed, 23 May 2018 02:23:13 -0500
According to a survey by Willis Towers Watson, companies in India expect the use of automation in the workplace to increase from the current 14 percent to 27 percent in three years, higher than the global and APAC average.
https://in.finance.yahoo.com/news/sensex-falls-oil-companies-slip-071847856.html -- Sensex falls as oil companies slip; Vedanta hits over 10-month lowWed, 23 May 2018 02:18:47 -0500
State-owned oil refiners as well as marketing companies, such as Indian Oil and Hindustan Petroleum, took a hit on worries that the government may ask them to share the burden of higher petrol and diesel prices. Retail fuel prices have surged on the back of a rally in crude oil, now hovering around $80 per barrel amid production cuts led by the Organization of the Petroleum Exporting Countries (OPEC). "Oil companies are down on concerns that in the next 2-3 days there will be some kind of resolution as government officials are taking stock of the situation on how to encounter rising petrol and diesel prices," said Saurabh Jain, AVP - Research at SMC Global Securities.
https://in.finance.yahoo.com/news/ex-finance-minister-p-chidamabaram-071722958.html -- Ex-finance minister P Chidamabaram says possible to cut petrol price by upto Rs 25, but 'govt will not do it'Wed, 23 May 2018 02:17:22 -0500
Senior Congress leader P Chidambaram on Wednesday claimed it was possible to cut up to Rs 25 per litre in petrol prices
https://in.finance.yahoo.com/news/uber-launch-first-taxi-hailing-071220701.html -- Uber to Launch Its First Taxi-Hailing Service in JapanWed, 23 May 2018 02:12:20 -0500
Earlier this year, Uber CEO Dara Khosrowshahi told investors that Uber must change the way it does business in Japan, adding that it would focus on partnerships with taxi companies.
https://in.finance.yahoo.com/news/uks-vedanta-resources-working-regulators-062351660.html -- UK's Vedanta core profit, revenue beat; says working to restart Tamil Nadu plantWed, 23 May 2018 02:09:52 -0500
A rebound in metals prices has prompted the miner, controlled by billionaire Chairman Anil Agarwal, to expand production of zinc and aluminium, enabling continued recovery after being particularly hard-hit by a commodities slump. Agarwal said Vedanta remained well-positioned to capitalise on India's growing resources demand. "I look forward to another strong year for the company," Agarwal said in a statement.
https://in.finance.yahoo.com/news/tuticorin-plant-complies-environmental-norms-070833874.html -- Tuticorin Plant Complies With Environmental Norms, Says Sterlite CopperWed, 23 May 2018 02:08:33 -0500
Company has spent over Rs 500 crore for environmental mitigation in Tuticorin facility, says Sterlite Copper.
https://in.news.yahoo.com/indians-pay-35-more-petrol-120000754.html -- Indians pay 35% more for petrol than consumers in PakistanWed, 23 May 2018 02:06:00 -0500
It is no secret that petrol and diesel in India are heavily taxed. But how much more (or less) do Indians pay when it comes to buying a litre of fuel?
https://in.finance.yahoo.com/news/bharat-forge-rises-3-net-070520586.html -- Bharat Forge rises 3%; net profit down 51%, CLSA maintains buy with target Rs 915Wed, 23 May 2018 02:05:20 -0500
Revenue was up 30.3 percent at Rs 1,466.6 crore against Rs 1,125.7 crore.
https://in.finance.yahoo.com/news/oil-retailers-fall-7-clsa-070439081.html -- Oil retailers fall up to 7%; CLSA says macro risks in election-heavy FY19 to keep buyers awayWed, 23 May 2018 02:04:39 -0500
CLSA said there is a need for another 5-6 percent hike in fuel prices after recent 3 percent hike by oil marketing companies.
https://in.finance.yahoo.com/news/tuticorin-factory-currently-non-operational-070316761.html -- Tuticorin factory currently non-operational: Sterlite CopperWed, 23 May 2018 02:03:16 -0500
Sterlite said the facility has been shut since March 27 when the company took up annual scheduled maintenance.