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21 April, 2018 6:57 PM Russia "Welcomes" North Korea's Nuclear Declaration

Moscow: Moscow "welcomes" North Korea's Kim Jong Un's declaration on halting nuclear tests and calls on the US and Pyongyang to work together to reduce tensions, the Russian foreign ministry said in a statement on Saturday. "We welcome the declaration of the Working Party's Chairman Kim Jong Un on the halt of the Democratic People's Republic of Korea's 63

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 32

19 April, 2018 12:26 PM Parag Milk Foods inks deal to acquire Sonipat facility of Danone

MUMBAI: Parag Milk Foods Ltd. has entered into an agreement with the French foods company Danone to acquire its manufacturing facility in Sonipat, Haryana, for an unspecified amount. The facility was up for sale after Danone closed down operations of this unit three months ago owing to distribution issues concerning its diary business which included 45

19 April, 2018 9:21 AM Welspun Corp jumps 7% on contract for supply of pipes in MENA region

Its current order book stood at an all-time high of 1,605 KMTs valued at Rs 10,240 crore. Welspun Corp share price rallied 7 percent intraday Thursday on bagging a contract for supply of pipes for a water project in the MENA region. The company said it has received a contract for supply of 114 K MTs of large diameter pipes for a water project in the Middle 42

18 April, 2018 6:31 PM Ram Madhav among 11 BJP poll managers

He has been made in charge of Hyderabad Karnataka, considered BJPs’ weak link BJP national president Amit Shah has inducted a team of party functionaries from across the country — a team of election managers he trusts, led by Ram Madhav, national general secretary, and Bhupendra Yadav — to run the party’s crucial campaign in the State. The State has been divided 67

18 April, 2018 10:54 AM We're watching anytime, anywhere, everytime: Indian Navy's cheeky message to China

Around 50 Indian Navy vessels are currently deployed in sea lanes, including in areas of India's maritime interest and in anti-piracy operations.  New Delhi: In a cheeky warning to China, the Navy taking to its official Twitter handle said that India was watching the Indian Ocean region and was keeping a 24x7 vigil in the area. "From Persian Gulf to Malacca 47

16 April, 2018 6:49 PM ‘India, Pak. can help resolve Afghan conflict’

Russian Ambassador asks New Delhi, Islamabad to cooperate through platforms such as SCO India should cooperate with Pakistan to ensure regional stability and to end the Afghan war, said the Ambassador of Russia on Monday. Speaking at a public event here, Nikolay Kudashev said that India-Pakistan collaboration will help in resolving the decades-old conflict 50

14 April, 2018 12:17 PM Egypt says 8 troops killed, 15 wounded in Sinai clashes

Egypt’s military says eight soldiers have been killed and 15 wounded after militants wearing explosive belts blew themselves up as they tried to infiltrate a military base in central Sinai. A Saturday military statement says that clashes at dawn with militants accompanying the suicide bombers left 14 militants dead. There was no immediate claim of responsibility 27

13 April, 2018 10:28 AM Indian economy is a lead-driver for trade growth globally, says global study

Called DHL Global Trade Barometer, the study has been developed jointly by DHL and Accenture. India’s trade growth remains the highest among a group of seven economies assessed by a study. The country’s economy will continue to drive growth not just in Asia but on a global scale with its rate of development proving resilient to almost any challenge 45

13 April, 2018 7:36 AM Insurance Ombudsman offices go headless, complaints pile up

All insurance ombudsman offices need a chief who passes a judgement related to consumer complaints Next time you go to the Insurance Ombudsman office in your region, don’t be surprised if you are required to wait for months to get a reply. Insurance Ombudsman offices across 17 regions have remained headless for almost four months and despite several 74