Markets

Markets Nifty slips below 10300 mark; Metal, FMCG stocks decline
Author: 0 Nifty slips below 10300 mark; Metal, FMCG stocks decline

The BSE Sensex on Friday dived nearly 510 points, its biggest single day fall since February 6, due to a major sell-off amid political concerns after the Telugu Desam Party (TDP) chose to quit the NDA and moved a no-confidence notice against the government.

Markets Li Ka-Shing: Asia's second-richest person retires
Author: 0 Li Ka-Shing: Asia's second-richest person retires

Mr Li has been Hong Kong's wealthiest individual for two decades, with an estimated net worth of 36 billion United States dollars. Commending Li's long laid-out succession plan, unusual among tycoons in a region where discussing death is often viewed as unlucky, Gulliver praised Victor for being extremely capable.

Markets Nike brand president Trevor Edwards resigns
Author: 0 Nike brand president Trevor Edwards resigns

In it, Parker says Edwards' departure coincides with a broader pattern of employee complaints about behavior that goes against the company's ethos of "mutual respect, inclusion and teamwork". "Trevor has made a decision to retire", Parker said in a statement. He was responsible for the creation of Nike+ and also helped transform the digital landscape, as well as position Nike as a leader by using social media to connect with consumers globally.

Markets Toys 'R' Us To Honor Gift Cards For Next 30 Days
Author: 0 Toys 'R' Us To Honor Gift Cards For Next 30 Days

It was unclear if Babies R Us gift cards could be used for online shopping after that point. But now that the company has filed to liquidate its US operations, the end is near. The best advice: Spend them immediately, if possible. At the time of its bankruptcy, Toys R Us disclosed it had about $5 billion in debt and was spending about $400 million a year just to pay for it.

Markets Lyft strikes self-driving deal with North America's top supplier
Author: 0 Lyft strikes self-driving deal with North America's top supplier

As it works to get its own self-driving cars up and running , Lyft has snagged yet another partnership to develop the technology. Magna also said it would invest $200 million in Lyft's latest fundraising round, increasing the San Francisco-based company's valuation to $11.7 billion.

Markets HSBC Reveals Female Staff In Britain Earn Almost 60% Less Than Men
Author: 0 HSBC Reveals Female Staff In Britain Earn Almost 60% Less Than Men

However, the company also reported a 59% gap on the mean measure for hourly pay for 2017, rising to 60% as of February this year. On a mean basis the gaps were 48 per cent, 32.8 per cent and 30.3 per cent. The company said the gap stemmed from low representation of women in highly paid roles such as pilots, engineering, technology and senior management.

Markets BJP face drubbing in Lok Sabha bypolls, lose bastion Gorakhpur
Author: 0 BJP face drubbing in Lok Sabha bypolls, lose bastion Gorakhpur

Gorakhpur was vacated by Adityanath and Phulpur by his deputy Keshav Prasad Maurya , following their election to the Uttar Pradesh state legislative council. In Uttar Pradesh, the SP and BSP came together after 1993 when they had formed a coalition government. While these estimates projected on the basis of different arithmetic combinations from different elections provide an understanding of the political challenge, they can not be said to the real estimate of actual polls that ...

Markets Spotify reveals the exact date when it will go public
Author: 0 Spotify reveals the exact date when it will go public

Spotify said subscriber growth gave the company a clear path to profitability as revenue grew 39% to €4.09bn ($5.03bn, £3.61bn) in 2017 from €2.95bn ($3.63bn, £2.6bn) in 2016. Company executives shared the news on Thursday during its first investor day. Head of artist relations Troy Carter spoke about the company's Spotify for Artists, which helps them pinpoint their audience and its habits and which he said more than 100,000 artists per months are using.

Markets Amazon Prime Video Audience Tops 26 Million In The US
Author: 0 Amazon Prime Video Audience Tops 26 Million In The US

That Prime Video content drew more than 5 million people worldwide to its Prime shipping service. While Amazon has been staunchly secretive about its total Prime subscriber count, Reuters has gotten its hands on internal documents that reveal key performance metrics about the company's video efforts.

Markets Jackpots totaling $800 Million draw Mega Millions, Powerball players
Author: 0 Jackpots totaling $800 Million draw Mega Millions, Powerball players

Deadline is 7:08 p.m. that day. Lucky for Life draws at 10:35 p.m. on Mondays and Thursdays. In Michigan, one ticket sold matched four white balls drawn and the Powerball to win $50,000. Each game costs $2 to play. The official Ohio Lottery site offers more information on instant tickets, raffles and other lottery games. Saturday's jackpot, as of now, would rank as the eighth largest jackpot in Powerball history.

Markets Unilever share price: Group picks Rotterdam over London for single legal base
Author: 0 Unilever share price: Group picks Rotterdam over London for single legal base

Since a merger of British soapmakers and Dutch margarine merchants in 1929, Unilever has been a dual-nationality company. " Unilever has today shown its long-term commitment to the United Kingdom by choosing to locate its two fastest-growing global business divisions in this country, safeguarding 7,300 jobs and £1 billion (1.1 billion euros, $1.4 billion) a year of investment", a government spokesman said.

Markets T20: Rohit Sharma, Sundar help India beat Bangladesh, reach final
Author: 0 T20: Rohit Sharma, Sundar help India beat Bangladesh, reach final

It will be broadcast live on DSport and DD National in India . Talking about India's upcoming final against Sri Lanka , the lanky spinner said that if India manage to play as per their plans, they could clinch the series. India is playing without their regular skipper Virat Kohli, Mahendra Singh Dhoni and Bhuvanehwer Kumar. He seems to be out of form for now. The clear head and self belief of Washington could have got a better advertisement than the Indian Premier League past year, ...

Markets WhatsApp Agrees To Not Share Data With Facebook (For Now)
Author: 0 WhatsApp Agrees To Not Share Data With Facebook (For Now)

As the company didn't seek any unlawful way and didn't resort to illegal actions to exchange data , they have been given this pass. My investigation has not been concerned about WhatsApp's sharing of personal data with Facebook when Facebook are only providing a support service to WhatsApp.

Markets WPI inflation eases to 2.48% in Feb on cheaper food items, fuel
Author: 0 WPI inflation eases to 2.48% in Feb on cheaper food items, fuel

According to a government data released on Wednesday, inflation in food articles slowed to 0.88 per cent in February from 3 per cent in the preceding month. The cost of fuel and power, which commands a 13.15 per cent weightage in the index, increased at a slower pace of 3.81 per cent during the month, from a growth of 4.08 per cent in January.

Markets Oil climbs on mixed U.S. crude stocks data
Author: 0 Oil climbs on mixed U.S. crude stocks data

OPEC crude production continued to fall in February, dropping by 77,000 barrels a day compared with the prior month, to average 32.19 million barrels a day, the cartel said Wednesday in its closely watched monthly oil market report. Although OPEC in the report slightly raised its estimate of growth in world demand to 1.6 million bpd, it now projects the expansion in supply outside the group will exceed gains in demand.