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18 August, 2018 5:57 AM Bollywood closes week with Rs 60 crore in box office and rumours of an engagement

Nick Jonas, who is reportedly dating actor Priyanka Chopra, was spotted at the Mumbai airport with his family on Thursday evening Bollywood closed its week with Nick Jonas’ parents in Mumbai, Deepika Padukone slipping from the top 10 Forbes list of highest paid actresses and close to Rs 60 crore in the box office exchequer. Starting with the top gossip 30

17 August, 2018 1:39 PM PVR completes acquisition of 71.6% stake of SPI Cinemas

PVR Ltd has completed the acquisition of 71.69 percent of the paid share capital of SPI involving the acquisition of 1,91,534 equity shares. Leading multiplex operator PVR today said it has completed the acquisition of 71.69 percent share of South India based chain SPI Cinemas. SPI Cinemas operates 76 screens across 17 properties in 10 cities under several 39

17 August, 2018 11:52 AM Japan Mitsubishi to acquire 25% stake in Bangladesh LNG terminal

Summit LNG's project plans call for a floating storage and regasification unit (FSRU) to be installed off the coast of Moheshkali. Japan's Mitsubishi on Friday said it has agreed to acquire 25 percent of Bangladesh's Summit Liquefied Natural Gas (LNG) terminal and plans to help develop an offshore receiving site in the South Asian country. The other 38

17 August, 2018 10:40 AM East Coast freight corridor to come up next year at a cost of Rs 44,000 crore

India's third freight corridor is likely to come up between Kharagpur and Vijaywada sections at a cost of about Rs 44,000 crore next year, managing director DFCCIL A K Sachan said. The project, which is also called the East Coast Corridor, will be 1,114 km in length and is part of the Golden Quadrilateral project of Indian Railways. “The Dedicated 35

17 August, 2018 8:55 AM Toyota to increase production capacity in China by 20 percent: Report

A person close to the company said Toyota will build capacity at the production hub in the south China city of Guangzhou. Japan's Toyota Motor Corp will build additional capacity at its auto plant in China's Guangzhou, a company source said, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year. A person close to the company 90

16 August, 2018 10:18 PM Donald Trump's Military Parade Could Cost More Than $90 Million

The official, speaking on the condition of anonymity, said the cost estimate of about $92 million had not yet been approved by Defense Secretary Jim Mattis and could still be changed and more options could be included. A military parade requested by US President Donald Trump could cost more than $90 million, a US official said, citing provisional planning 38

16 August, 2018 2:43 PM PM Modi to visit Nepal later this month for BIMSTEC conference

Prime Minister Narendra Modi will visit Nepal for the fourth time later this month to attend the BIMSTEC conference in Kathmandu, the Indian envoy here has said. Modi will also inaugurate a 400-bed 'dharamshala' built with Indian assistance at the Pashupatinath temple premises here during his visit, Indian Ambassador to Nepal Manjeev Singh Puri said yesterday 38

16 August, 2018 10:44 AM Hold Avenue Supermarts; target of Rs 1662: Geoji

Avenue Supermarts Ltd (D’Mart) owns & operates India’s most profitable supermarket, D’Mart. It provides products like Foods, Non-Foods (FMCG), general Merchandise and Apparel categories under 157 stores (5 million sq. ft). D’Mart continued to report a stupendous earnings growth of 43%YoY for Q1FY19 supported by strong revenue/EBITDA growth of 27%/39% YoY. Recent 27

16 August, 2018 10:42 AM Lenovo posts first-quarter profit as recovery continues

Chinese technology giant Lenovo today recorded a sharp rise in first quarter net profit as the company's turnaround gathered pace. The PC maker posted a $77 million net profit in the quarter to June 30 up from a $72 million loss in the same period last year. "The Group remains confident in its core PC business, and aims to grow without compromising on profitability 30

16 August, 2018 8:05 AM Urea production likely to increase 1.6% in FY'19

Urea production is likely to increase 1.6 percent to 24.4 million tonne (MT) in 2018-19 financial year on smooth functioning of units, a senior Fertiliser Ministry official said today. Urea production stood at 24.02 MT in 2017-18, as per the official data. "There was a slight drop in urea output last year as some units were shut because they were taking 38