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19 January, 2018 2:05 PM Government to allot 11 mines to Coal India Ltd, says Piyush Goyal

The government today said it has decided to allot 11 mines to Coal India Ltd (CIL) which will add about 225 million tonnes (MT) to the state-owned firm's annual production capacity by 2022. CIL has a target to produce 1 billion tonne coal by March 2020, up from around 600 MT projected in the current fiscal. "The government has decided to allot 11 coal mines 16

18 January, 2018 2:56 PM Amazon shortlists 20 cities for second headquarters Inc has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday. Major U.S. metros such as New York City, Los Angeles and Washington D.C. make the list, along with smaller cities such as Raleigh, North Carolina, and Columbus 24

18 January, 2018 12:45 PM Can Live Without US Aid, But Not Without Integrity: Pak Foreign Minister

Islamabad: Pakistan is trying to maintain a balance in its relationship with the US and the government has made it clear that Islamabad can live without Washington's aid but will not compromise on national integrity, Foreign Minister Khawaja Muhammad Asif has said. Addressing the Senate Standing Committee on Finance, Mr Asif said that relations with Washington 29

18 January, 2018 6:13 AM Seeing significant inflows, expect them to continue in 2018: Ashmore Investment

In an interview with CNBC-TV18, Jan Dehn, Head of Research of Ashmore Investment Management shared his views and readings on what the foreign investors are doing with the Indian markets at record highs. We are seeing a significant inflows and have received net inflows of USD 3.5 billion over three months, he said. Expect the strong inflows to continue 18

17 January, 2018 4:32 PM Yes Bank to mobilise $1 bn by 2023 for solar projects

Private sector lender Yes Bank today said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was made at the International Solar Alliance (ISA) conference at Abu Dhabi. In a release, the bank said it made an announcement for "mobilising USD 1 billion till 2023 and USD 5 billion till 2030 towards financing 50

16 January, 2018 5:45 AM Explain battery slow-down, Shanghai consumer council asks Apple

Beijing: The Shanghai Consumer Council has sent an inquiry letter to Apple over the slow-down of older iPhones after an iOS update, demanding a reply before Friday. The council demanded the cause of the performance and remedy measures as well as complete information regarding the interests of consumers, Xinhua news agency reported on Tuesday. The council 43

16 January, 2018 12:58 AM "Not Giving Up" On Pakistan Ties, Says Top US General

Earlier this month, President Donald Trump's administration, frustrated over Pakistan's failure to do more to combat militants, announced a plan to suspend up to roughly $2 billion in US security assistance. Brussels: The top U.S. military officer, Marine General Joseph Dunford, said on Monday he was committed to the U.S.-Pakistan relationship, which 40

15 January, 2018 2:27 PM Exports rise 12.36 percent to $27 bn in Dec

Exports rose 12.36 per cent in December to USD 27.03 billion year-on-year on account of strong performance by sectors like engineering goods and petroleum products. Imports surged significantly to USD 41.91 billion, up 21.12 per cent, on increased inbound shipments of crude oil and gold. As per the data released by the commerce ministry, the trade deficit 30

15 January, 2018 12:06 PM Hold Tata Consultancy Services; target of Rs 2750: ICICI Direct

ICICI Direct recommended hold rating on Tata Consultancy Services with a target price of Rs 2750 in its research report dated January 12, 2018. US$ revenues grew 1% QoQ to $4,787 million, marginally below our 1.5% QoQ growth and $4,811.4 million estimate. Constant currency revenues grew 1.3% QoQ led by volume growth (1.6% QoQ) Rupee revenues grew 1.2% QoQ to Rs 30,904 crore 40

15 January, 2018 11:39 AM Xiaomi mandates Citic Securities, Morgan Stanley, Goldman Sachs for IPO

The smartphone maker last month told bankers that it would beat its 2017 sales targets by up to 18 percent. Hong Knog: Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, IFR reported. The initial public offering could be the world’s biggest tech float this year - valuing 43