Kanpur admin asks 66 men to sign bonds of Rs 2 lakh to maintain peace

Kanpur admin asks 66 men to sign bonds of Rs 2 lakh to maintain peace

Friday, 31 January 2020 | PTI | Kanpur (UP)

In a bizarre precautionary measure, the local administration here has asked 66 men to sign surety bonds of Rs 2 lakh each promising to maintain peace at the Mohammad Ali park, the site of women’s protest against the CAA and the NRC. Police said though none was admitting that men were...

Kotak to withdraw court case against RBI,to pare promoter stake to 26% in 6 months

Friday, 31 January 2020 | PTI | New Delhi

Private sector lender Kotak Mahindra Bank on Thursday said it will withdraw a case concerning dilution of promoters’ shareholding in the bank which it had filed against the RBI in the Bombay High Court. Kotak Mahindra Bank said the RBI has given its in-principle acceptance for reducing promoters’ shareholding to 26...

Tata Motors Q3 net profit at Rs 1,756 crore

Friday, 31 January 2020 | PTI | new delhi

Tata Motors on Thursday posted a consolidated net profit of Rs 1,755.88 crore for the third quarter ended December 31, 2019. The auto major had reported a net loss of Rs 26,960.8 crore during the October -December period of 2018-19. Total revenue from operations stood at Rs 71,676.07 crore as compared...

Bajaj Auto Q3 net up 8 pc at Rs 1,322 crore

Friday, 31 January 2020 | PTI | New Delhi

Bajaj Auto on Thursday reported 8.33% increase in consolidated net profit at Rs 1,322.44 crore in the third quarter ended December 31, 2019. The company had posted a consolidated net profit of Rs 1,220.77 crore in the same period last fiscal, Bajaj Auto said in a regulatory filing. Total revenue from...

Niti V-C: Alternate measures needed to boost economy

Friday, 31 January 2020 | PTI | New Delhi

The Government should focus on alternate measures to stimulate economy as it is not possible to give fiscal stimulus, Niti Aayog Vice-Chairman Rajiv Kumar said ahead of the Budget. Kumar also said growth-enhancing measures are the need of the hour to achieve India’s potential growth rate of 7-8 per cent per...

World markets tumble as coronavirus fear spreads

Friday, 31 January 2020 | AP | London

Shares tumbled in Europe and Asia on Thursday as the impact of the virus outbreak in China expanded to include flight cancellations and other wider precautions to help stop its spread. Taiwan’s benchmark dived 5.8 per cent as its market reopened after the Lunar New Year. Shares fell in most other...

Rs  slides 22 paise to 3-week low on equity rout

Friday, 31 January 2020 | PTI | Mumbai

The rupee lost 22 paise to close at a three-week low of 71.49 against the US dollar on Thursday tracking heavy sell-off in domestic equities amid rising concerns over the outbreak of coronavirus. Forex traders said most Asian currencies declined after the US Federal Reserve kept its key policy rates steady. Moreover,...

Gold jumps Rs 400 on wedding season demand

Friday, 31 January 2020 | PTI | New Delhi

Gold prices on Thursday jumped Rs 400 to Rs 41,524 per 10 gram in the national capital helped by wedding season demand and overall recovery in global prices, according to HDFC Securities. Silver prices also climbed Rs 737 to Rs 47,392 per kg from Rs 46,655 per kg on Wednesday. In...

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