The government's Budget 2019-20 lays out a long-term vision but the message it gives to the larger investment community is rather regressive, veteran investor Porinju Veliyath has said. In a letter written to the investor community on Thursday, Veliyath, who runs a...
The sixth tranche of Central Public Sector Enterprise (CPSE) Exchange Traded Fund (ETF) opens and closes for retail investors on Friday. The issue opened and closed for Anchor Investors on Thursday, when the CPSE ETF Further Fund Offer or FFO 5 anchor book was oversubscribed 8.33 times. Reliance ...
Having received the detailed project report (DPR) from India on the proposed cross-border railway line between Indias Rupaidiya and Kohalpur in Banke, the Nepal government is preparing to start the process of land acquisition for the project, the Himalayan Times reported. ...
The Motihari-Amlekhgunj oil pipeline project will start commercial operation by August following virtual inauguration of the Nepal-India bilateral project by executive heads of the two countries, the Himalayan Times reported on Friday. According to the report, Nepal will officially start fuel trade with India via ...
The Pakistan Civil Aviation Authority (CAA) suffered a loss of Rs 8.5 billion because of airspace restrictions since February, according to Pakistani media reports. "It's a huge loss for our overall (aviation) industry," Pakistan Federal Minister for Aviation Ghulam Sarwar Khan said on Thursday. ...
Whilst users from around the world are protesting against Instagram blocking their accounts for "no apparent reason" citing "policy violations", the photo-messaging platform has now decided to warn users when their account is going to being deleted. ...
Chinese smartphone manufacturer OPPO on Thursday launched a new smartphone OPPO A9 in India for Rs 15,490. The device features a 6.53-inch Full HD+ display with 19.5:9 aspect ratio. The screen is protected with Corning Gorilla Glass 5 protection. The smartphone has...
Private-lender Yes Bank hit its lowest level in 52 weeks after it fell as much as 15 per cent on the BSE on Thursday. Investors distanced themselves from Yes Bank counter after the bank reported a 91 per cent fall in its profit at Rs 113.76 crore, down from Rs 1,260.36 in the...
The Indian Railways is hopeful of getting the approval of the Prime Minister's Office (PMO) to run another Vande Bharat Express, this one between New Delhi and Katra in Jammu and Kashmir, senior railway officials said on Thursday. An official told IANS on the condition of anonymity: "The proposal to run a ...
A special court hearing CBI cases in Coimbatore sentenced K.Sridhar, former Branch Manager, Central Bank of India and two others in the Rs 1 crore bank fraud case, the investigating agency said on Thursday. In a statement issued here, the Central Bureau of Investigation (CBI) said...