Democrats win in impeachment inquiry

Posted on   1:07 pm

“To the extent the House’s role in the impeachment context is to investigate misconduct by the President and ascertain whether that conduct amounts to an impeachable offense warranting removal from office, the House performs a function somewhat akin to a grand jury,” the judge wrote

7 of top-10 firms add Rs 76,998 cr in market capitalisation

Posted on   1:02 pm

The combined market capitalisation of seven of the 10 most valued Indian firms advanced by Rs 76,998.4 crore last week, with TCS leading the chart. Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation

Steel Ministry eyes Japanese players to invest in India

Posted on   12:58 pm

Union Steel Minister Dharmendra Pradhan met officials of Japanese steel companies Nippon Steel, Daido Steel and JFE Steel Corporation in Tokyo and invited them to invest in India. Pradhan, along with senior officials of the ministry, is in Japan to attend the two-day Global Forum on Steel Excess Capacity (GFSEC).

ICICI bank sells entire stake in GST Network

Posted on   12:52 pm

Private sector ICICI Bank said it has exited the GST Network, the company facilitating collection of the indirect tax, by selling its entire 10 per cent stake to as many as 13 state governments. The stake sale is for aggregate cash consideration of Rs 1 crore, ICICI Bank said in a regulatory filing.

New online platform to help port-related services

Posted on   12:48 pm

Andhra Pradesh will be bringing port-related services under the EDB ambit through a new initiative called SMARTPORT. It is an online platform launched as part of implementing the Ease of Doing Business Reforms related to trade and export promotion in all ports in the state.

SBI Life Insurance fined Rs 4 lakh

Posted on   12:42 pm

As directed under the respective charges, the penalty shall be remitted by the life insurer by debiting shareholders’ account within a period of 45 days from the date of receipt of this order, Insurance Regulatory Authority of India (Irdai) said in an order.

Motorola launches moto g 8 plus

Posted on   12:39 pm

Motorola recently launched moto g 8 plus. According to a press release, the phone gives consumers the best-in-class camera experience, an impressive battery, immersive sound and display, plus a stock Android Experience at a price of Rs 13,999.