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18 June, 2018 6:15 PM Book Siddaramaiah in alleged land scam, court tells police

A court in Mysuru has ordered the police to register an FIR against former Chief Minister Siddaramaiah and three others in an alleged land scam in Mysuru. Based on a complaint filed by N. Gangaraju, a resident of Kuvempunagar in Mysuru, the Principal Senior Civil Judge and Chief Judicial Magistrate in Mysuru has ordered the Lakshmipuram police to book a case against 25

18 June, 2018 6:12 PM Trump orders Pentagon to create US ‘Space Force’

President Donald Trump on Monday ordered the Pentagon to create a new US “Space Force,” which would become the sixth branch of the American military but which requires Congressional approval to take effect. “I'm hereby directing the Department of Defense and Pentagon to immediately begin the process necessary to establish a Space Force as the sixth branch 24

18 June, 2018 11:18 AM Yes Bank gets SEBI nod for custodian of securities business

Yes Bank today said it has received approval from market regulator Securities and Exchange Board of India (SEBI) for acting as custodian of securities. Custodian of securities is a licence granted by Sebi to eligible entities allowing them to offer custodial services to financial market participants including foreign institutional investors (FIIs) and foreign 26

18 June, 2018 8:45 AM Buy Cadila Healthcare, target Rs 489: Siddharth Sedani

Cadila Healthcare expects 40-50 launches annually and is focusing on vaccines and biologics – which could be future growth drivers. It has strong ANDA pipeline in the US, with 144 filings awaiting approval of which 60+ are Para IV. The company will launch high-margin key products such as gAsacol HD and gToprol in FY19. The firm has recently announced 32

17 June, 2018 9:59 AM Greece, Macedonia sign pact to change ex-Yugoslav republic's name to ‘Republic of North Macedonia’

The foreign ministers of Greece and Macedonia signed an accord on Sunday to rename the former Yugoslav republic as the “Republic of North Macedonia’. The landmark accord follows decades of inconclusive talks which had soured relations between the two countries and held up the admission of the Balkan State into the EU and NATO, of which Greece is a member 27

16 June, 2018 11:54 AM TNPL board gives nod to take up plant expansion at Rs 2,520 crore

The board of State government owned-Tamil Nadu Newsprint and Papers Ltd (TNPL) has given its approval for taking up mill expansion plan at Tiruchirapalli unit at a total investment of Rs 2,520 crore. "The Board has accorded approval for the implementation of its Mill Expansion Plan at Unit II in a phased manner with pulp mill capacity of 400 TPD and 1,65,000 MT of printing 41

15 June, 2018 10:51 AM Donald Trump Approves Tariffs On 50 Billion Dollars Worth Of Chinese Goods

China had previously said it would respond to US tariffs with retaliatory tariffs on USD 50 billion of US products. Washington: US President Donald Trump has approved tariffs worth USD 50 billion on import of goods from China, a move that could escalate trade tensions between the world's two largest economies. A formal announcement is expected to be made by the US Trade 53

15 June, 2018 5:22 AM Alembic Pharma gains 7% on EIR from USFDA for formulation facility at Panelav

Alembic Pharmaceuticals share price rallied as much as 6.6 percent in morning trade on Friday after the company received clearance report for its Panelav facility in Gujarat. The pharma company informed the exchange that it has received Establishment Inspection Report (EIR) from United States Food and Drug Administration (US FDA) after the inspection 44

14 June, 2018 7:39 PM Recognition: UGC’s letter brings new hope to KSOU

V-C told to be prepared for an interface on its plea for recognition for the year 2018-19 After remaining dormant for three years, the Karnataka State Open University (KSOU), whose recognition was terminated by the University Grants Commission (UGC) in June 2015 from 2012-13 onwards for blatant violation of norms, may soon be abuzz with activity like in the past as it is expecting 40

14 June, 2018 5:05 PM Additional capital to aid growth in rural areas: HDFC

‘Decision bodes well for investment climate, foreign inflows’ Private sector lender HDFC Bank said on Thursday the capital it plans to raise would be mainly to support growth in semi-urban and rural areas. On Wednesday, the government approved the lender’s proposed ₹24,000 crore capital plan. Since this was an FDI proposal in excess of ₹5,000 crore not under 33