Business

Business Karan Johar Clarifies His Comments On Kangana Ranaut And Nepotism
Author: 0 Karan Johar Clarifies His Comments On Kangana Ranaut And Nepotism

Meanwhile, after Twitterati slammed him for his act, Varun yesterday tweeted, "I express my apology". Last heard, Kangs prefers not to react. Dhawan, Johar and Khan revisited the fiasco at the 2017 IIFA awards , where they said "nepotism rocks" in unison, taking distasteful jibes at each other, mentioning that they all are children of celebrities.

Business Cabinet Clears Sale Of Govt's Stake in HPCL To ONGC
Author: 0 Cabinet Clears Sale Of Govt's Stake in HPCL To ONGC

Bringing HPCL into its fold will make Oil & Natural Gas Corp. the nation's No. 3 refiner after Indian Oil Corp. and Reliance Industries Ltd. ONGC had sent a proposal to acquire HPCL, Oil Minister Dharmendra Pradhan said in the Parliament on Wednesday.

Business Chipotle shares tumble after customers get sick at Virginia restaurant
Author: 0 Chipotle shares tumble after customers get sick at Virginia restaurant

A number of other brokerages also recently weighed in on CMG . Vetr raised shares of Chipotle Mexican Grill from a "sell" rating to a "hold" rating and set a $460.94 target price on the stock in a research note on Monday, May 1st. Talking about profitability of the company, the profit margin percentage is 2.31% while its operating margin for the trailing twelve month is at 4.34%.

Business Venezuela,bocciato il presidente Maduro
Author: 0 Venezuela,bocciato il presidente Maduro

Il governo colombiano non ha confermato ufficialmente che la situazione in Venezuela faccia parte dell'agenda per gli incontri bilaterali all'Avana. Il dato, fornito dall'opposizione venezuelana e dalla Commissione dei garanti, organizzatori dell'evento, è inferiore al numero di voti ottenuto dai candidati dell'opposizione alle elezioni del 2015.

Business Wildfires in BC have forced nearly 40000 to evacuate
Author: 0 Wildfires in BC have forced nearly 40000 to evacuate

With hot and dry conditions to persist for the foreseeable future, firefighters won't be able to depend on the weather for reprieve while battling the more than 160 active fires now burning. However officials warn the rain could bring lightning with it. "Smoke plumes moving over portions of [Alberta, ] southern Saskatchewan, and southern Manitoba from forest fires in B.C.

Business Jio Feature Phone Manufacturing Talks in 'Final Stages', Says Intex
Author: 0 Jio Feature Phone Manufacturing Talks in 'Final Stages', Says Intex

It is suggested that the Jio will launch the 4G feature phone sometime this quarter but will not sell it in the standalone market. Recently, news about the Jio 4G VoLTE phone was leaked but it not yet confirmed. If the Jio 4G voLTE phone likely to be launched in August comes bundled with Jio plans, we can expect it to surpass the competition and create a space for itself in the market.

Business White House supports FCC plan to dismantle net neutrality
Author: 0 White House supports FCC plan to dismantle net neutrality

The proposal would also reconsider the fundamental rules of net neutrality and may allow ISPs to partake in blocking content, throttling connections, or implementing paid prioritization plans. Greer said Chairman Pai is "increasingly isolated" in his position on net neutrality and "has clearly misjudged the Republican base" in proposing a roll back of net neutrality rules.

Business IBM Down On Q2 Revenue Miss
Author: 0 IBM Down On Q2 Revenue Miss

That would be an 18 percent decline from Tuesday's closing price of $154 a share. Schroeter cited some of IBM's recent wins in the cloud market, such as the 10-year agreement it signed with Lloyd's Banking Group , one of IBM's largest cloud agreement ever.

Business Morgan Stanley Q2 earnings top expectations
Author: 0 Morgan Stanley Q2 earnings top expectations

Revenue of $9.5 billion was up from $8.91 billion in the second quarter of a year ago, and ahead of analyst expectations of $9.09 billion. The smaller fall in fixed income, combined with flat revenues of $2.16bn from equities sales and trading and strong performance in traditional banking businesses, saw Morgan Stanley's institutional securities business report a 4% rise in revenues to $4.76bn.

Business Tamil Nadu MLAs give themselves 100 per cent salary hike
Author: 0 Tamil Nadu MLAs give themselves 100 per cent salary hike

Ayyakkannu is leading the agitation of farmers who have been protesting at Jantar Mantar. "Our demands were not met, as promised by Tamil Nadu Chief Minister Edappadi K. "In fact, they should set an example for the rest of the country by refusing to accept any hike", party's state unit spokesperson Narayan Tirupati said.

Business Stenson focuses on future after returning Claret Jug
Author: 0 Stenson focuses on future after returning Claret Jug

The first tee shot will be hit at 0635 local time by American Mark O'Meara, who was the victor in 1998 at Royal Birkdale. Nine years ago, it was Ireland's Padraig Harrington who left Merseyside clutching golf's most famous trophy, following a torrid closing six holes that saw him sink two birdies and an eagle to successfully defend the Open title he had won 12 months earlier at Carnoustie.

Business Controversial Islamic preacher Zakir Naik's passport revoked on NIA's request
Author: 0 Controversial Islamic preacher Zakir Naik's passport revoked on NIA's request

According to "Middle East Monitor", an online news portal on developments in Middle East, Zakir Naik has already been granted citizenship of Saudi Arabia. The assistant passport officer (policy) at RPO Mumbai wrote to Naik on July 3, directing that he meet him on any working day between 10am and 12.30pm within 10 days, along with his passport dated January 20, 2016.

Business Trump agenda setback scuttles the dollar
Author: 0 Trump agenda setback scuttles the dollar

Expectations for the Fed hiking interest rates this year have been pushed back to the fourth quarter, the latest Reuters poll of economists showed. The dollar edged down 0.2 per cent against the Mexican peso to 17.446 after credit ratings agency Standard & Poor's on Tuesday revised Mexico's sovereign credit outlook up to "stable" from "negative", and commended the government's efforts to rein in a surge in debt.

Business Trump and Putin had 'secret' second chat at G20
Author: 0 Trump and Putin had 'secret' second chat at G20

Trump and Putin conversed in the room where the dinner was being held. The lack of a US translator raised eyebrows among other leaders at the dinner, said Bremmer, who called it a "breach of national security protocol". USA presidents at summits often hold private and impromptu discussions with other world leaders. Afterwards, Russia's foreign minister Sergey Lavrov claimed Mr Trump accepted Mr Putin's assurances that Russia did not meddle in the United States presidential election - a ...

Business RT Business: Britain banning 'rip-off' credit card fees
Author: 0 RT Business: Britain banning 'rip-off' credit card fees

The government said the move was part of wider help for families "to raise their incomes and keep more of what they earn" as inflation erodes their spending power. Noel Josephides, chairman of Sunvil travel company, predicted that the ban would drive up prices, negating the impact intended by Brussels. "It is expected they will pass on the majority of the costs to consumers through higher prices".

Business Reports on voluntary buyouts to employees 'false': Air India
Author: 0 Reports on voluntary buyouts to employees 'false': Air India

Air India , the national carrier was founded in the 1930s and known to generations of Indians for its Maharajah mascot. This is one of the largest such offers in India's state sector as the carrier slashes cost ahead of a 2018 sale. An RTI reply has revealed that the ministry does not have any information with regard to the privatization of Air India , says an IANS report. The airline in 2015-16 had posted an operating profit of Rs 105 crore.

Business IShares MSCI Brazil Index
Author: 0 IShares MSCI Brazil Index

A CCI reading over +100 would suggest that the stock is overbought and possibly ready for a correction. The CCI was created to typically stay within the reading of -100 to +100. A level of 50 would indicate neutral market momentum. Deep diving into the technical levels for db x-trackers MSCI Russia Capped Idx UCITS ETF 1C (3027.HK), we note that the equity now has a 14-day Commodity Channel Index (CCI) of 110.21.

Author: 0 Secret Service issues statement on Donald Trump Jr. meeting

Television coverage of the beginning of the dinner showed First Lady Melania Trump seated next to Putin. It turns out that a few hours after the leaders' much ballyhooed one-on-one meeting at the G20 summit in Hamburg, Germany , on July 7, the two met again informally for about an hour - accompanied only by Putin's translator.

Business Reckitt Benckiser To Sell Food Business For USD4.20 Billion
Author: 0 Reckitt Benckiser To Sell Food Business For USD4.20 Billion

Reckitt Benckiser , the FTSE 100 company behind Durex and Nurofen, has agreed the sale of its food business to a United States firm for £3.2bn. The FTSE 100 consumer goods group noted that it will use the proceeds to reduce debt. The price tag reflects "the quality of this highly profitable, growth business". It comes a year after McCormick's takeover battle to buy London-listed Mr Kipling's cake firm Premier Foods failed.

Business Walton Goggins Joins Marvel Studios' 'Ant-Man & The Wasp'
Author: 0 Walton Goggins Joins Marvel Studios' 'Ant-Man & The Wasp'

Harris, and David Dastmalchian . Marvel will be unveiling the film at this week's Comic-Con. This is the third high-profile film project for Goggins in the coming year; he'll also appear in 2018's Tomb Raider reboot with Alicia Vikander and The Maze Runner: Death Cure .

Business Discovery Communications And Scripps Networks In Talks To Merge
Author: 0 Discovery Communications And Scripps Networks In Talks To Merge

Discovery took a look at Scripps back in late 2013, and analysts have long speculated that the company, whose networks include the Discovery Channel, might revisit the idea of a merger with the owner of the Travel Channel. Scripps posted $3.4 billion in revenue in 2016. All three companies denied comment. Scripps stock was up 12.5% a little more than three hours after trading closed Tuesday.

Business Energy Transfer Equity, LP (ETE) has its outstanding shares of 1.08 Billion
Author: 0 Energy Transfer Equity, LP (ETE) has its outstanding shares of 1.08 Billion

The opening price for Energy Transfer Equity, L.P. (NYSE:ETE) was $18.04 and the volume amounted to 7.11 million shares which compares with the average volume of 6.76 million shares. Several research firms have recently weighed in on ETE. Stratos Wealth Ptnrs Ltd invested 0.06% in Energy Transfer Partners LP (NYSE:ETP). The company generated a return on equity (ROE) of 8.70%.

Business BHP hits full year iron ore guidance, sets higher target
Author: 0 BHP hits full year iron ore guidance, sets higher target

BidaskClub upgraded shares of BHP Billiton Limited from a hold rating to a buy rating in a report on Tuesday, July 11th. Barclays PLC restated an "equal weight" rating and set a GBX 1,300 ($16.98) target price on shares of BHP Billiton plc in a research note on Friday.

Business Pizza Hut hiring 14000 drivers for new delivery experience
Author: 0 Pizza Hut hiring 14000 drivers for new delivery experience

Yum! Brands announced back in May that it would seek to revitalize the pizza chain by injecting $130 million into the brand following a year-over-year quarterly earnings decline (compared to surges in this category for Taco Bell and KFC, also owned by Yum! ).

Business Already, plan to repeal ACA without replacement draws GOP opponents
Author: 0 Already, plan to repeal ACA without replacement draws GOP opponents

A tie would result in Vice President Mike Pence casting a vote, which would nearly certainly fall in line with his party's leadership. Many Republicans worry that the public already views healthcare as their responsibility, since they control the White House and both houses of Congress.

Business Traffic Police Outpost Set Ablaze in Darjeeling
Author: 0 Traffic Police Outpost Set Ablaze in Darjeeling

Police officers, however, denied any firing. Earlier, Supporters of GJM and other hill parties on Monday held a dharna outside the district magistrate's office. Para-military and police personnel also patrolled the streets in the hills. Among their many demands is the restoration of internet in the hills. With food supply severely hit due to the ongoing shutdown, GJM activists and NGOs of the hills were seen distributing food items among the people.

Business 5 takeaways from the House GOP budget unveiling
Author: 0 5 takeaways from the House GOP budget unveiling

For the past eight years, the budget has only been a vision. But significant challenges await the House budget effort, and the infighting over health care has shown that Republicans are unlikely to reach an agreement easily on hard pieces of legislation.