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25 April, 2018 11:42 AM WhatsApp to raise minimum age to use the service to 16 in Europe

Instant messaging application WhatsApp is raising the lower limit of age to use its services to 16 from 13 in Europe. The rule is coming ahead of the introduction of new data privacy rules in the EU next month. WhatsApp will prompt users to confirm if their age is at least 16 and they will be asked to accept new terms of service and an updated privacy 24

25 April, 2018 10:57 AM Wipro March Quarter Profit Declines 20%, Misses Estimates

Analysts on average expected the company to make a profit of Rs 2,132 crore, according to Thomson Reuters data. Wipro Ltd, India's third-biggest software services exporter by revenue, on Wednesday posted lower-than-expected fourth-quarter net profit, hurt by lower revenue from operations. The IT firm said it expected revenue from IT services to be in a range 44

25 April, 2018 8:32 AM Bournemouth's Surman expects tough Southampton test

Southampton, after finishing 14th in the 2012-13 campaign on their Premier League return, have finished no lower than eighth over the last four seasons but with just five wins this season they are four points from safety with four games to play. Bournemouth midfielder Andrew Surman is surprised by former club Southampton`s troubles and is expecting a torrid 34

24 April, 2018 5:53 AM Buy Zee Entertainment Enterprises, target Rs 660: Ashish Chaturmohta

"The stock has seen consolidation between Rs 590 and Rs 547 levels over last eleven weeks and formed a base. Price has made higher highs and higher lows in last one month and yesterday managed to close above the resistance, suggesting stock likely to see the start of a fresh uptrend," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum 39

23 April, 2018 3:16 AM Buy or Sell: Top stock trading ideas by Dinesh Rohira, Prakash Gaba & Rajesh Agarwal

The Nifty which recouped most of its losses towards the close of the trade ended flat on Friday forming a ‘Doji’ type of candle for the second consecutive session in a row. The index closed took support at its 5-days exponential moving average (DEMA) before bouncing back towards the opening levels. The index which opened at 10560 closed 1.2 points 45

21 April, 2018 3:29 PM Why Vedanta could gain out of Electrosteel acquisition

For Vedanta, acquisition of Electrosteel could be value accretive as it has iron ore mines around the latter's plant thus reducing the overall cost For Vedanta, acquisition of Electrosteel could be value accretive considering that the company has got ready iron ore mines around the latter's plant thus reducing the overall cost and generate better returns 41

17 April, 2018 4:36 AM Binani Industries seeks shareholders’ nod for sale of cement arm to UltraTech

There are six bids with the highest being ₹6,590 crore. Binani Industries Ltd. has sought the approval of shareholders for sale of 98.43% equity shares and 100% of preference shares of its arm, Binani Cement, to UltraTech Cement Ltd. Bank of Baroda had initiated insolvency proceedings against Binani Cement. According to resolution professional, the total 42

16 April, 2018 6:59 AM India's WPI inflation edges down to 2.47% in March

Wholesale food prices in March fell 0.07 % year-on-year. India's annual wholesale price inflation slightly eased in March, helped by a fall in food prices, government data showed on Monday. Annual wholesale price inflation last month eased to 2.47 % from a year earlier, a shade lower than a provisional 2.48 % rise in February, and below a 2.58 % increase 32

15 April, 2018 4:34 PM Time ripe for Kotak to move on mergers

Asia’s richest banker has a rare chance Uday Kotak has a rare opportunity to scale up. Asia’s richest banker has long had an eye on Axis Bank. Now, a leadership void could make it easier to forge a union with his own Kotak Mahindra to create a $54 billion Indian banking giant. A deal would allow the tycoon to lead consolidation and help him meet new ownership 34

15 April, 2018 4:09 PM Lakshadeep offers Jaypee Infratech ₹7,350 crore

Emerges as the front-runner to acquire the firm Dark horse Lakshadeep Pvt. Ltd. has emerged as the front-runner to acquire Jaypee Infratech with a bid of almost ₹7,350 crore, but way lower than what the real estate developer had proposed to lenders a year back to pay off debt. Lakshadeep Pvt. Ltd., a joint venture between Sudhir Valia-led Suraksha Asset 23