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21 May, 2018 5:37 AM Buy JK Tyre & Industries, target Rs 156: Dinesh Rohira

"The scrip is currently facing a resistance at Rs 170 levels and support level at Rs 129. We have a buy recommendation for JK Tyre with target at Rs 156," says Dinesh Rohira, Founder & CEO at 5nance.com. JK Tyre & Industries made a sharp fall from its 52-week high which was registered a few months ago and continued to consolidate near Rs 143 levels 27

17 May, 2018 5:02 PM ICC and BCCI officials meet

Richardson says global body not looking beyond existing three formats Officials from the International Cricket Council (ICC) and the Board of Control for Cricket in India (BCCI) met here on Thursday to discuss various issues confronting the game globally. The ICC had recently set up a working group to develop a global strategy with BCCI represented by CEO Rahul 34

16 May, 2018 4:39 PM Rebel governing body a threat: SWG

Its SWOT analysis also raises concerns over T10 format A breakaway rebel governing body, the proposed T10 format and lack of interest from broadcasters are among “18 threats” that international cricket faces right now, according to a report of the ICC’s Strategic Working Group (SWG) which will discuss these issues with the BCCI here on Thursday 34

15 May, 2018 5:31 PM Allahabad Bank CEO divested of powers

CBI had named her in Nirav Modi FIR State-run lender Allahabad Bank has decided to relieve its managing director and chief executive officer Usha Ananthasubramanian of her powers after she was named in the first information report filed by the Central Bureau of Investigation in the ₹13,800-crore Nirav Modi scam that defrauded Punjab National Bank (PNB) 52

15 May, 2018 4:49 PM Allahabad Bank CEO divested of her portfolio

State-run lender Allahabad Bank has decided to relieve its managing director and chief executive officer Usha Ananthasubramanian of her powers after she was named in the first information report filed by the Central Bureau of Investigation in the ₹13,800-crore Nirav Modi scam that defrauded Punjab National Bank (PNB). Ms. Ananthasubramanian was the managing 43

15 May, 2018 1:57 AM Repoll concludes in three Karnataka Assembly booths

Repolling at three voting stations concluded peacefully on Monday in Karnataka. Bengaluru: Repolling at three voting stations - one in north Bengaluru`s Hebbal constituency and two in Kushtagi in Koppal district - concluded peacefully, the Election Commission said on Monday. "The repoll at the three polling stations ended peacefully at 6 p.m, registering 43

14 May, 2018 5:06 PM South Indian Bank Q4 net rises 51% to ₹114 cr

South Indian Bank’s fourth- quarter net profit rose 51% to ₹114.10 crore from ₹75.55 crore in the year-earlier period. Net profit for the financial year 2017-18 stood at ₹334.89 crore (₹392.50 crore). Operating profit for the March quarter rose to ₹311 crore from ₹281 crore, a growth of 10.68%. Operating profit for the year stood at ₹1,481 crore (₹1,215 crore) 40

13 May, 2018 7:55 PM Organs of ‘brain dead’ man donated

Vital organs of Bhimireddy Somasekhara Reddy, a 19-year-old from Pittalavanipalem in Bapatla mandal, who was declared brain dead by doctors at Ramesh Hospitals, were shifted to various hospitals in Guntur and Chennai. Mr. Reddy met with a road accident on May 8, and was taken to the hospital in a serious condition. A medical team consisting of a cardiologist 34

12 May, 2018 4:03 PM ADNOC to buy stake in Ratnagiri refinery

Saudi Armaco already owns 50% stake After Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) will pick up stake in the planned $44-billion refinery-cum-petrochemical project in Maharashtra. An initial agreement for ADNOC taking stake is slated to be signed in UAE on Sunday, official sources said. Saudi Aramco, the world’s largest oil producer, had last month 8

11 May, 2018 3:16 PM China's Alibaba buys Pakistan e-commerce firm Daraz

Products available on Daraz include consumer electronics, household goods, beauty, fashion, sports equipment and groceries. Shanghai: Chinese e-commerce giant Alibaba said that it had purchased leading Pakistani online retailer Daraz, continuing its overseas expansion by gaining a foothold in the growing South Asian consumer market. The move came after 41