Uber, Careem to appeal Egypt court’s banning order

Uber, Careem to appeal Egypt court’s banning order

Uber and Careem taxi services operating in Egypt said on Tuesday that they will appeal the court order banning their services to a higher court in the country. Earlier on Tuesday, an administrative court in Egypt decided to ban the Uber and Careem taxi services from operating in the country based on a lawsuit filed […]

Bengaluru metro staff defer strike by month

Bengaluru metro staff defer strike by month

About 900 employees of the state-run Bengaluru Metro Rail Corporation Ltd (BMRCL) on Tuesday agreed to defer their proposed strike on Thursday by a month on their demands. “We have agreed to defer the strike to mid-April to enable the management consider our demands, including recognition to our union and service issues,” metro union leader […]

Market indices open in green

Market indices open in green

Taking a cue from global markets, the key Indian equity market indices on Wednesday opened higher ahead of the US Federal Reserve’s decision on the interest rates. The Sensitive Index (Sensex) of the BSE, which had closed at 32,996.76 points on Tuesday, opened higher at 33,090.82 points. Minutes into trading, it was quoting at 33,191.94 […]

Light rains likely in Delhi

Light rains likely in Delhi

It was a cloudy Wednesday morning in the national capital with the minimum temperature recorded at 21 degrees Celsius, five notches above the season’s average, the weather office said. “The sky will be partly cloudy. Thunderstorm and light rains are likely to occur,” an India Meteorological Department official (IMD) told IANS. The maximum temperature was […]

On Navroz, President, PM greet Parsi community

On Navroz, President, PM greet Parsi community

President Ram Nath Kovind and Prime Minister Narendra Modi extended Navroz greetings to the Parsi community on Wednesday. “Navroz Mubarak to everybody, especially to our small, much-loved and over-achieving Parsi community. May the coming year be happy and fulfilling,” Kovind said in a tweet. Modi also took to Twitter to wish the community. “Navroz Mubarak […]

Key Indian equity indices open lower

Key Indian equity indices open lower

The key Indian equity indices opened on a negative note on Tuesday. The wider Nifty50 of the National Stock Exchange (NSE) traded lower by 38.45 points or 0.38 per cent at 10,055.80 points. The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,876.48 points, traded at 32,826.94 points (9.25 a.m.) – down […]

Job-seekers agitation paralyses Central Railway

Job-seekers agitation paralyses Central Railway

A flash agitation by job-seekers over issues pertaining to railway recruitment has culminated in a rail-blockade, police caning and retaliatory stone-throwing leading to a virtual paralysis of the Central Railway suburban train services here on Tuesday. For nearly three hours, the services were severely disrupted as the protestors squatted and laid on the railway tracks […]

Sasikala’s husband Natarajan dead

Sasikala’s husband Natarajan dead

Expelled and now jailed AIADMK leader V.K. Sasikala’s husband M. Natarajan died on Tuesday at a private hospital here. He was 74. According to a statement issued by the Gleneagles Global Health City, Natarajan died at 1.35 a.m. “Every possible clinical attempt was made to sustain his revival. However, despite our best efforts he was […]

Jaitley voices concern financial deficit states of Northeast

Jaitley voices concern financial deficit states of Northeast

Voicing concern on the financial deficit states of the northeast, Union Finance Minister Arun Jaitley has said that the Central government will extend full support to reverse the situation in the region, an official statement said on Sunday Jaitley made this statement during a meeting with Meghalaya Chief Minister Conrad Sangma, at his residence in […]

Global cues, fears of political instability dent equity indices

Global cues, fears of political instability dent equity indices

Negative Asian cues — on the prospect of higher interest rates in the US and global trade wars — pulled the key indices of the Indian equity market lower during the early morning session on Monday. Apart from global cues, fears of domestic political instability dented investors’ risk-taking appetite. However, value buying had initially pushed […]