IndusInd Bank up over 2% as RBI allows FIIs to buy shares
Shares of IndusInd Bank on Monday surged over 2 percent in morning trade on the bourses after the Reserve Bank on Friday removed the lender from its caution list. RBI in a release on September 4 said it has removed IndusInd Bank from its caution list, allowing foreign investors to buy further... read more »
Diageo may not recover Rs 900 cr loan from Vijay Mallya co
Global spirits giant Diageo has said it may not be able to fully recover a loan of USD 135 million given to Vijay Mallya-affiliated Watson by Standard Chartered Bank where it had acted as a guarantor in case it is asked to pay up. The world’s largest spirits maker, Diageo, which acquired... read more »
Defence veterans end fast-unto-death, protests to continue
Defence veterans, who were on fast-unto-death, on Sunday called off their hunger strike following a clarification from Prime Minister Narendra Modi on the voluntary retirement issue, a day after Defence Minister Manohar Parrikar announced the implementation of One Rank One Pension on Saturday. The... read more »
Migrant crisis: Germany to release funds to help regions cope
Germany’s coalition government has agreed to spend 6bn euros (£4.4m) to support record numbers of migrants and other measures to deal with the influx. Critics at home have accused Chancellor Angela Merkel of creating a dangerous precedent by opening Germany’s borders. About 18,000... read more »
In Ukraine, 141 Still Hospitalized After Violent Protests
MOSCOW — Ukrainian police say 141 people remain hospitalized after a nationalist protest in Kiev turned violent, with 10 of the injured in serious condition. This is up from the 122,... read more »
Manipur: 4 killed, 13 hurt, curfew in Churachandpur after mob fury
At least four people were killed and 13 others injured in violence that broke out in Churachandpur district in Manipur late on Monday over three bills passed in the state assembly,... read more »
JD (U) backs Hamid Ansari, says minorities being targetted by NDA government
The Janata Dal (United) on Tuesday backed Vice President Hamid Ansari’s comments on minorities, saying they are being targetted by the present NDA regime. “The minorities are... read more »
China says 197 punished in crackdown on online rumors
People recently punished in China’s campaign against online rumors include those who circulated an inflated death toll in the Tianjin blasts and who alleged a man committed suicide... read more »
In Yemen, 34 civilians killed in bombing of water bottling factor...
A Saudi-led airstrike on a water bottling factory in Yemen left 34 dead and dozens injured, the Yemeni Defense Ministry said. Saudi Arabia authorities have not responded to CNN’s request for... read more »
