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  • World's 'most expensive' pair of shoes worth Rs 1.23 billion ready for launch in Dubai

    25 September, 2018 3:07 PM 40

    The Passion Diamond Shoes, with a price tag of Rs 1.23 billion feature hundreds of diamonds, together with two imposing D-flawless diamonds of 15 carats each. The world's "most expensive" pair of shoes worth $17 million will be launched in the UAE on September 26, a media report said Tuesday. The luxury footwear, made from diamonds and real gold, was designed

  • SEBI mulls lifting decade-old ban on tur, urad futures

    25 September, 2018 1:00 PM 35

    The Securities and Exchange Board of India (SEBI) may soon allow futures trading in tur and urad dal as the regulator considers lifting a decade-old ban. “The Ministry of Agriculture is not convinced with relaunching of trading in pulses. However, the Ministry of Finance has told them that tur and urad are notified commodities which was approved after

  • Hurun India Rich List 2018: Mukesh Ambani named the richest Indian; here's the full list

    25 September, 2018 12:06 PM 35

    Hurun and Barclays have released the latest Hurun India Rich List for 2018. This is the seventh iteration of the annual ranking which highlights the richest individuals in India by way of net worth. According to the list, 831 people have a minimum wealth of Rs 1,000 crore, up 214 persons compared to last year. The first position is held by Mukesh Ambani

  • Ashoka Buildcon's JV emerges as lowest bidder for Rs 794 crore railway project

    25 September, 2018 11:05 AM 34

    Ashoka Buildcon Tuesday said its joint venture (JV) with Story Tech Services LLC has emerged as the lowest bidder for Rs 794 crore railway project in Bihar and Jharkhand. "The company has emerged as the lowest bidder (L-1)...the aggregate bid value of which is Rs 794.20 crore, with a completion period of 42 months for each package (total 2 packages)

  • Process to evict 'illegal infiltrators' won't stop: Amit Shah

    25 September, 2018 10:20 AM 40

    Bharatiya Janata Party (BJP) president Amit Shah Tuesday said the process of evicting "illegal infiltrators" from the country will not stop. Notably, the draft National Register of Citizens (NRC) recently published in Assam had identified nearly 40 lakh illegal immigrants. Referring to the NRC, Shah said, "The process to evict illegal infiltrators will not stop, irrespective

  • ITC gains 1%; CLSA maintains buy with target Rs 390

    25 September, 2018 9:14 AM 36

    There is a proposal for an additional ‘disaster cess’ to help Kerala post the floods, while proposal is likely to come up for discussion at the GST Council meet on September 28. Shares of ITC gained more than 1 percent intraday Tuesday as broking house CLSA maintained buy with a price target of Rs 390 per share. According to CLSA there is a potential

  • 4 crore people benefitted from West Bengal fair price medicine shops: Mamata Banerjee

    25 September, 2018 8:45 AM 34

    Around four crore people have benefitted from the discounts provided at fair price medicine shops across West Bengal, Chief Minister Mamata Banerjee said Tuesday. The CM, on the occasion of World Pharmacists' Day, also said that that some of these fair price shops offer up to 77 percent discount on maximum retail price of medicines. "Today is World Pharmacists'

  • Glenmark Pharma gains over 2% on reports of zero observations from USFDA for Baddi plant

    25 September, 2018 6:43 AM 38

    The health regulator had begun its inspection of Glenmark Pharma's facility on September 17. Glenmark Pharma share price gained 2.6 percent intraday Tuesday on reports that the US health regulator cleared Baddi plant with zero observations. The stock price was quoting at Rs 636.30, up Rs 5.45, or 0.86 percent on the BSE, at 11:52 hours IST. Sources told CNBC-TV

  • Infosys deploys digital banking solution at Australian Military Bank

    25 September, 2018 6:43 AM 29

    IT major Infosys Tuesday said it has deployed its Finacle banking solutions suite for Australian Military Bank (AMB). The comprehensive digital banking solution stack has been implemented in a fully software-as-a-service (SaaS) model, hosted out of Infosys datacentres in the country, Infosys said in a statement. It added that deployment of Finacle has enabled

  • Suven Life Sciences surges 5% on getting product patents from Sri Lanka, Canada

    25 September, 2018 5:35 AM 40

    Shares of Suven Life Sciences added 5.2 percent intraday Tuesday after company granted 1 product patent each in Sri Lanka and Canada. The company received one product patent from Canada and one from Sri Lanka corresponding to the new chemical entity for the treatment of disorders associated with Neurodegenerative diseases and patents are valid through