World news info.

Decks for the public offer will only be cleared after CBI completes its investigation from Moneycontrol Business News https://ift.tt/2LN2i2L

Last week, SBI said banks will soon come out with a plan to resolve Rs 70,000 crore worth of non-performing assets (NPAs) in the power sector from Moneycontrol Business News https://ift.tt/2LaudbG

The Oak Consortium, comprised of Mill Group, Bovis Homes and Homes England, has announced it has used recently launched digital property marketplace Vesta to sell over 100 homes worth nearly £24m. from Property Week - Latest Residential News https://ift.tt/2L83vQS

The founder of Lemon Tree Hotels talks about life before and after listing the company on the BSE, the upcoming boom in hospitality industry and how he wants to leave his legacy from Moneycontrol Business News https://ift.tt/2su1TZZ

Personal Income and Outlays, April 2018 Personal income increased $49.5 billion (0.3 percent) in April according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $60.9 billion (0.4 percent) and personal consumption expenditures (PCE) increased $79.8 billion (0.6 percent). Full Text

The scheme that will be following value investment strategy will allocate at least 65 percent of its assets in equity and equity related instruments from Moneycontrol Business News https://ift.tt/2kGUlQ1

Gross Value Added grew 6.5 percent in 2017-18, slower than the previous year’s 7.1 percent from Moneycontrol Business News https://ift.tt/2svAas5

Gross Value Added, which is GDP minus taxes, serves as a more realistic proxy to measure changes in the aggregate value of goods and services produced in the economy from Moneycontrol Business News https://ift.tt/2H58eAw

He said that Tesla Motors chief financial officer who is also from India would decide on the timeframe from Moneycontrol Business News https://ift.tt/2H7oYae

The government has taken into consideration the possible roadblocks in the process of adopting electric mobility while setting new targets from Moneycontrol Business News https://ift.tt/2J72gRC

The government has taken into consideration the possible roadblocks in the process of adopting electric mobility while setting new targets from Moneycontrol Business News https://ift.tt/2J3wmoT

The scheme will deploy its entire corpus in debt instruments, including securitised debt and money market instruments. from Moneycontrol Business News https://ift.tt/2kBoRLa

It was not clear however if the hackers wanted the ransom equivalent in US dollar terms or Canadian dollars from Moneycontrol Business News https://ift.tt/2H6jKve

As part of a memorandum of understanding (MoU) inked with the state government today, Tata Motors along with Tata Power will also facilitate setting up of EV charging stations in the Maharashtra. from Moneycontrol Business News https://ift.tt/2kEmZBC

In a statement issued today, MM said it will make efforts to become fully electric ready by further investing in its Chakan plant for manufacture of EVs, e-motor, controller, battery pack and other electric vehicle components for multiple mobility applications. from Moneycontrol Business News https://ift.tt/2H78Vcu

The scheme will be benchmarked against Nifty Large Midcap 250 Index from Moneycontrol Business News https://ift.tt/2LIuQu1

The company is expected to report an earnings per share (EPS) of about Rs 27 a share in FY19. from Moneycontrol Business News https://ift.tt/2LIuG5T

The company is expected to report an earnings per share (EPS) of about Rs 27 a share in FY19. from Moneycontrol Business News https://ift.tt/2sm2eii

The company also launched a special variant, Mi 8 Explorer Edition, which has additional features such as in-display fingerprint sensor, transparent back and 3D face recognition from Moneycontrol Business News https://ift.tt/2xDDC9Z

Urban & Civic has produced a 4.3% rise in net asset value (NAV) while more than doubling pre-tax profit for the six months to the end of March. from Property Week - Latest Residential News https://ift.tt/2LIRX7Q

Rupert Murdoch’s fascination with news business has been well-documented and the only stumbling block has been the FDI rules from Moneycontrol Business News https://www.moneycontrol.com/news/business/fox-20-lachlan-murdoch’s-ascension-could-mean-new-offerings-for-indian-viewers_10960881.html

The main reason behind the company wanting to manufacture locally is that custom duty on completed built units is 21 percent, while that on locally-made ones is around 8 percent from Moneycontrol Business News https://ift.tt/2J4PAKT

"Today#39;s approval of the first artificial iris provides a novel method to treat iris defects that reduces sensitivity to bright light and glare. It also improves the cosmetic appearance of the eye in patients with aniridia." he said. from Moneycontrol Business News https://ift.tt/2LMjPYU

The total cost of the project cost is USD 535.1 million, of which USD 160.71 million will be provided by the government. It is estimated to be completed by September 2025. from Moneycontrol Business News https://ift.tt/2sqR9M4

Rupert Murdoch’s fascination with news business has been well-documented and the only stumbling block has been the FDI rules from Moneycontrol Business News https://www.moneycontrol.com/news/business/fox-20-lachlan-murdoch’s-ascension-could-mean-news-offerings-for-indian-viewers_10960881.html

The deadline for submitting Expression of Interest (EoI) for 76 per cent stake in the debt-laden Air India is ending today. from Moneycontrol Business News https://ift.tt/2kFbtG2

Indian Oil Corporation, which has for decades been India#39;s biggest company by turnover, last week posted a record net profit of Rs 21,346 crore in the fiscal year ended March 31, 2018 (FY 2017-18), up 12 per cent from Rs 19,106 crore in the last fiscal. from Moneycontrol Business News https://ift.tt/2kC8sGo

Online estate agents Emoov and Tepilo, and lettings portal Urban.co.uk have completed a £100m merger, creating the largest player in the digital market after industry leader Purplebricks. from Property Week - Latest Residential News https://ift.tt/2skwrhM

KCR Residential REIT and Inland Homes have joined forces to deliver low-to-mid-priced housing for rent. from Property Week - Latest Residential News https://ift.tt/2JjKduB

Developer HUB and landowner Smedvig have submitted plans to redevelop The Landing site in the centre of Maidenhead. from Property Week - Latest Residential News https://ift.tt/2L9NzxI

Time is running out to nominate candidates for our inaugural list of RESI Trailblazers, which will be unveiled at Property Week’s RESI Convention this September. from Property Week - Latest Residential News https://ift.tt/2LHSJBX

Walmart earlier this month announced that it would purchase a 77 percent stake in Flipkart for USD 16 billion from Moneycontrol Business News https://ift.tt/2J2sTLa

Analysts estimate the drug to hit peak sales of USD 100 million per annum in next four years from Moneycontrol Business News https://ift.tt/2L51Xac

Yoga guru Baba Ramdev#39;s Patanjali on Wednesday launched a new swadeshi messaging application called Kimbho to compete with WhatsApp from Moneycontrol Business News https://ift.tt/2LKlDRT

The licence had been revoked based on some past observations from Moneycontrol Business News https://ift.tt/2IXYJZw

Royal Enfield has been increasing its focus on international markets, and Singh’s mandate will include overseeing the expansion of the brand in various countries. from Moneycontrol Business News https://ift.tt/2xrfhE3

The oil companies Wednesday morning announced a reduction in petrol price by 60 paise to Rs 77.83 a litre and diesel by 56 paise to Rs 68.75 in Delhi. This was rectified to 1 paisa a litre. from Moneycontrol Business News https://ift.tt/2xpxBxt

A Reuters poll of analysts estimated the net income to be Rs 68 crore for Q4FY18 from Moneycontrol Business News https://ift.tt/2xAGqVl

Rescreening ensures that changes in employee circumstances were being accounted for as they moved through their career from Moneycontrol Business News https://ift.tt/2LFzZD7

The open-ended scheme will open for subscription on May 31 and close on June 14. from Moneycontrol Business News https://ift.tt/2J0Mdo9

Gross Domestic Product, 1st quarter 2018 (second estimate); Corporate Profits, 1st quarter 2018 (preliminary estimate) Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2018 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2017, real GDP increased 2.9 percent. Full Text

Considering it’s the end of the month, the bank strike is likely to affect salary withdrawals from Moneycontrol Business News https://www.moneycontrol.com/news/business/podcast-|-storythe-day-why-bank-employeesonstrike_10956341.html

The plants earn up to Rs 5 crore a year due to share purchase agreement with Rajasthan#39;s state electricity board from Moneycontrol Business News https://ift.tt/2L8HyB5

About 1 million of the total 13.9 million total logistics jobs in 2022 will be in e-commerce retail logistics. from Moneycontrol Business News https://ift.tt/2LI9ME3

Data has indeed become the new oil for businesses as a majority of organisations rely on data analytics to perform simple and sophisticated tasks. from Moneycontrol Business News https://ift.tt/2IUrwye

At the core, GDPR is a new set of rules designed to give EU citizens more control over their personal data from Moneycontrol Business News https://www.moneycontrol.com/news/business/podcast-|-deep-dive-all-you-need-to-know-about-gdpr_10955821.html

In addition to Xiaomi, Google has confirmed it has Samsung and Huawei as additional partners. from Moneycontrol Business News https://www.moneycontrol.com/news/business/google-launches-arcore-technologychina-xiaomi’s-mi-mix-2s-to-befirst-supported-device_10955761.html

The plants earn up to Rs 5 crore a year due to share purchase agreement with Rajasthan#39;s state electricity board from Moneycontrol Business News https://ift.tt/2LKfm94

The ministry’s statement comes a day after Federation of Indian Export Organisations said that GST-related refunds as much as Rs 20,000 crore is pending with the Centre and state tax departments from Moneycontrol Business News https://www.moneycontrol.com/news/business/finmin-to-start-another-special-refund-drivemay-31-to-expedite-exporters’-gst-related-refunds_10955641.html

The companies are attempting to boost their presence in the online delivery space from Moneycontrol Business News https://ift.tt/2seqymb

Management is expecting more and more projects to come from the redevelopment of government and PSUs land from Moneycontrol Business News https://ift.tt/2sjs86i

The Tesla Model 3, however, had to be towed away to a service centre as it could not be charged after the battery was drained from Moneycontrol Business News https://ift.tt/2sh0ZAG

In an interview to PTI, the IT minister said: "We are in the process of serious engagement with Apple. Let us await their response. I can only tell you, Apple will not be a loser in India (because of the opportunities it presents)... but let us wait for the formal proposal." from Moneycontrol Business News https://ift.tt/2J0tMQH

The value of a mutual fund scheme of Motilal Oswal Mutual Fund has been eroding after Manpasand Beverages scrip plunged 20 percent for two consecutive days from Moneycontrol Business News https://ift.tt/2LKaqky

The IBA could meet the unions on June 12 to restart wage negotiations. Bank unions are demand a 15% percent as opposed to the meagre 2% offered to them. from Moneycontrol Business News https://ift.tt/2sksxVc

The government will not extend the deadline for submissions of interest in Air India, R.N. Choubey said on Wednesday. The deadline for receiving bids has already been extended once to May 31 from May 14. from Moneycontrol Business News https://ift.tt/2H2tU02

The competition in the segment is expected to intensify further as Amazon.in#39;s arch-rival, Flipkart is also firming plans to enter the grocery segment. from Moneycontrol Business News https://ift.tt/2IWszhd

The National Company Law Appellate Tribunal (NCLAT), hearing appeals against the acquisition filed by Bhushan Steel#39;s founding Singal family and the firm#39;s operational creditor Larsen and Toubro, asked Tata Steel to submit a statement of statutory dues of the company. from Moneycontrol Business News https://ift.tt/2snW0h6