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22 November, 2018 3:41 PM Oriental Bank of Commerce to divest stake in life insurance JV

The bank said that they have taken this decision after the government announced PSB reforms to conserve capital Public sector bank, Oriental Bank of Commerce (OBC) is planning to divest stake in its life insurance joint venture Canara HSBC OBC Life Insurance to conserve capital. The bank holds 23 percent in the company, while Canara Bank holds 51 percent 179

22 November, 2018 3:31 PM Manny Pacquiao plans to bid adieu to boxing in 2021

Filipino boxer Manny Pacquiao is planning to fight until 2021 before hanging up the gloves for good   Filipino boxing legend Manny Pacquiao has revealed that he is planning to put an end to his illustrious career after three years. The 39-year-old said that the plan is to fight until 2021 and hang up the gloves for good, TMZ Sports reported 277

22 November, 2018 2:22 PM Women's Boxing World Championships: Mary Kom beats North Korea's Kim Hyang Mi to reach 48kg category final

Mary Kom beat her North Korean opponent Kim Hyang Mi in the semifinals. NEW DELHI: Legendary Indian boxer from Manipur MC Mary Kom on Thursday pounded North Korea's Kim Hyang Mi to reach the 48-kg final in the Women's World Boxing Championship, assuring a medal for the country. The 35-year-old five-time world champion defeated her North Korean opponent 123

22 November, 2018 2:10 PM Bank credit grows by 14.88%, deposits by 9.13%

Bank credit rose by 14.88 percent to Rs 91.11 lakh crore in the fortnight ended November 9, while deposits grew by 9.13 percent to Rs 118.25 lakh crore, according to the RBI data. In the year-ago fortnight, bank advances stood at Rs 79.31 lakh crore, while deposits at Rs 108.35 lakh crore. In the previous fortnight ended October 26, 2018, credit had grown 131

22 November, 2018 1:25 PM Indirect tax mop-up in FY'19 may fall short by Rs 90,000 cr: Report

Indirect tax collections are likely to fall short by Rs 90,000 crore in the current fiscal on account of subdued GST mop-up and excise duty cut on petroleum products, an SBI research report said on Thursday. According to the Budget Estimate, the government proposed to mop up Rs 7.4 lakh crore from the goods and services tax (GST) and Rs 2.6 lakh crore 123

22 November, 2018 1:23 PM UK Court Asks Vijay Mallya To Pay 88,000 Pounds To Swiss Bank

The judicature has issued an order asking Vijay Mallya to pay a hefty amount of 88,000 pounds to UBS Investment Bank, which had issued 20.4 million pounds in the mortgage loan for his London property. Fugitive Indian businessman Vijay Mallya on Thursday faced a major setback in his battle to save his luxurious London house from foreclosure by Swiss bank UBS after 102

22 November, 2018 1:10 PM Asus TUF FX505, FX705 Durable Gaming Notebooks With MIL-STD-810G Rating Launched in India

Asus on Thursday expanded its range of TUF Gaming notebooks in India by launching the FX505 and F705 models. Both new TUF notebooks are powered by up to Intel Core i7-8750H processors along with up to Nvidia GeForce GTX 1060 graphics. There are also up to 144Hz high-refresh rate NanoEdge displays as well as DTS surround sound technology. The Asus TUF FX505 and TUF FX705 notebooks 133

22 November, 2018 12:12 PM Domestic air pax up 13.34% in October, lowest since July 2017

Mumbai: Domestic air traffic rose 13.34 percent to 1.18 crore in October over the same period a year ago, the lowest in the last 14 months, DGCA data, released on Thursday, showed. The Wadia group-owned budget carrier GoAir maintained its top position in on time performance(OTP) from four key airports at 90.5 percent while the largest airline by market 154

22 November, 2018 12:07 PM Samsung Galaxy S10 Top Variant Will Sport a Ceramic Back: Report

Samsung Galaxy S10 is the company's tenth anniversary edition flagship smartphone and reports coming in now suggest that four variants of the smartphone will be unveiled sometime next year. New developments have now surfaced that claim that at least one of the variants of the Galaxy S10 will sport a ceramic back instead of the usual glass in the current 72

22 November, 2018 9:44 AM Kim Kardashian, Kanye West Donate $500,000 For California Wildfire Relief

Kim Kardashian announced two donations of USD 200,000 each- one going to the Wildfire Relief Fund and the other to the California Fire Foundation. She also donated USD 100,000 to a firefighter who lost his house. Kim Kardashian and her rapper husband Kanye West are doing their bit to help California rebuild, as the state grapples with the most destructive 118