User: iihs_blore Topic: iihs_feeds_v4
3 new since Jun 18 2019 02:07 IST RSS 2.0
 
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Budget: new power projects may get investment-linked deductions 18.6.2019 Business – The Navhind Times
IANS New Delhi To boost power sector investments, the government is considering a proposal to include power generating units in the list of infrastructure projects that qualify for getting investment-linked deductions, official sources said on Monday. The move is expected to bring investments into a sector considered crucial for economic growth. Money flows into greenfield …
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Hyderabad: Karvy officials in cheating case 18.6.2019
Hyderabad: Top officials of Karvy Group, a financial services company, have been booked for alleged cheating and breach of trust by the Bengaluru police. The CEO of Karvy Group"s private wealth arm and directors of  the city-based company were alleged to have defrauded nine investors by mis-selling investment products. The Bengaluru police has registered a case under Indian Penal Code Sections 406 (punishment for criminal breach of trust) and 420 (cheating and dishonestly inducing delivery of property) against Karvy Private Wealth"s chief executive officer (CEO) Abhijit Bhave, directors of Karvy Stock Brokers, Karvy Realty India Pvt. Ltd and Karvy Capitals. This was the result of a complaint filed by an NRI couple, Ms Ketaki Shah Talati and Mr Mayank Harshad Talati. The accused are Abhijit Bhave CEO, Karvy Private Wealth (A1); Pravin Garle, Real Estate Head (A2); Karvy chairman C. Parthasarathy (A3); Yugandhar Meka (A4), Ashish Agrawal (A5), Bhagwan Das Narang (A6), Nithin Sabharwal ...
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'Smile' cops rescue 581 children 18.6.2019

Hyderabad: Over the past year, the Smile teams of Cyberabad commissionerate have rescued 581 children including 213 girls, who were mostly pushed into begging and child labour.

The Smile teams were formed on June 18, 2018, to prevent trafficking of children for labour and other illegal activities. Of the children rescued, 543 were sent to rescue homes while the rest were handed over to their parents.

Police said 200 children were rescued from begging, 71 from rag-picking and 299 from labour. Five missing children were traced and a child marriage was stopped in the last one year.

Police asked the public to share information if any children under the age of 14 are found employed on WhatsApp number 7901115474 or send an email to smileteamcyb@ gmail.com.

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Conrad advocates for ‘Sister State’ relationship 17.6.2019 The Shillong Times
SHILLONG: With an aim to develop better relationship with other states in the country to promote exchange of culture, business and trade relationship, Chief Minister Conrad Sangma mooted for “Sister State” relationship. In his meeting with the Prime Minister Narendra Modi, he said if all Indian States have such Sister State relationship, it would enable […]
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Investor wealth erodes by over Rs 2 lakh cr as stocks plummet 17.6.2019 The Asian Age | Home
The market capitalisation of BSE-listed companies dropped by Rs 2,00,258.81 crore to Rs 1,50,09,329.19 crore.
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Rupee logs 3rd straight loss; Indo-US trade tiff weighs 17.6.2019
New Delhi: The Indian rupee on Monday fell by another 11 paise to close at 69.91 to the the US currency, its third straight-session loss, in line with intense sell-offs in domestic equities amid concerns over Indo-US trade tariff disagreements. The domestic currency has lost 57 paise in the last three sessions. However, easing crude oil prices and weakening of the US dollar against key rivals helped the Indian rupee contain losses to some extent. At the interbank foreign exchange (forex) market on Monday, the domestic currency opened higher at 69.87 a dollar but lost ground during the day to fall to 69.94. The rupee finally settled at 69.91, down 11 paise over its previous close. The Indian unit had settled at 69.80 a dollar on Friday. "The rupee fell against the US dollar taking cue from other weak Asian currencies and widening Indian trade deficit for a third consecutive month," said V K Sharma, Head-PCG & Capital Market Strategy, HDFC Securities. Sharma further said market participants ...
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Rupee slips 9 paise to 69.89 vs USD in early trade 17.6.2019 The Assam Tribune
Rupee slips 9 paise to 69.89 vs USD in early trade
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Sensex drops over 150 points; Nifty below 11,800 17.6.2019 The Assam Tribune
Sensex drops over 150 points; Nifty below 11,800
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Sensex slumps by 491.28 pts 17.6.2019 Central Chronicle
Agencies, Mumbai The benchmark index of Bombay Stock Exchange (BSE) on Monday tanked by 491.28 points to settle at 38,960.79 after India slapped higher tariffs on certain US products in retaliation to Washington’s decision to remove certain trade privileges for New Delhi. The Nifty of National Stock Exchange (NSE) too dropped by 151.15 points at […]
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Sensex plummets 491 points on Indo-US trade war fears 17.6.2019
Mumbai: Extending losses for the fourth straight session, the BSE Sensex tanked over 491 points and the NSE Nifty dived over 151 points on Monday after investors feared India's retaliatory tariffs on US goods could open new trade war front. Besides, fresh geopolitical tensions in the Middle East and concerns over the advancement of monsoon also unnerved market participants. Sectorally, BSE metal was the worst hit, losing over 3 per cent, while energy index fell over 2 per cent. On the Sensex, Tata Steel emerged as the biggest loser with over 5 per cent fall. Other major laggards were Vedanta, Tata Motors, Axis Bank, Bharti Airtel, Reliance, ONGC, Sun Pharma, Maruti and L&T, falling as much as 3.33 per cent. Bucking the weak market trend, Yes Bank, Coal India and Infosys rose. The BSE gauge settled 491.28 points, or 1.25 per cent, lower at 38,960.79. The index hit an intra-day low of 38,911.49 and a high of 39,540.42. Similarly, the broader NSE Nifty cracked 151.15 points, or 1.28 per cent, to ...
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'Bought in Pakistan': Pakistani woman endures rape in China 17.6.2019 The Asian Age | Home
All the 19-year-old would say was that her new husband -- a Chinese man her family sold her off to in marriage -- was torturing her.
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Sensex plummets 491 points on Indo-US trade war fears 17.6.2019 The Asian Age | Home
The broader NSE Nifty cracked 151.15 points, or 1.28 per cent, to close at 11,672.15.
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Budget 2019: Govt faces hard choice of 9 pc growth or 2 pc decline on MGNREGA 17.6.2019 The Asian Age | Home
Budget 2019: Finance minister Nirmala Sitharaman may have to raise allocation for NREGA to alleviate agrarian crisis.
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Piramal sells entire 9.9% stake in Shriram Transport 17.6.2019 DNA
Reports said the stake sale is estimated to have fetched PEL Rs 2,305 crore
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Airbus to launch new A321 with nearly 200 orders -sources 17.6.2019 DNA
The European planemaker will announce close to 200 orders for the new model - the A321XLR - over the week, sources familiar with the matter told Reuters
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Exhibition by Indonesian artists explores ‘food politics’ 17.6.2019 The Shillong Times
  NEW DELHI:  Works of art by promising Indonesian artists, depicting the global-local politics of food practices in South Asian countries, are the focus of an ongoing exhibition here. The exhibition titled “The Food Diplomacy: Makan Ngga Makan Asal Kumpul”, is open at the Korean Cultural Centre till July 30. Curated by M. Haryo Hutomo, […]
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Delhi court grants bail to Monty Chadha in cheating case 17.6.2019
New Delhi: A Delhi Court on Monday granted bail to Wave Group vice-chairman Manpreet Singh (Monty) Chadha in connection with a cheating case. Additional Sessions Judge (ASJ) Gulshan Kumar granted bail to Chadha, son of late liquor baron Ponty Chadha, and directed him to furnish two surety bonds of Rs 50,000 each. The court in its order also stated that the businessman cannot travel abroad without seeking prior permission from it. During the course of hearing, ASJ Kumar pulling up the Economic Offences Wing (EOW) and asked why no investigation took place between January 2018 and June 2019 into the claims of the investors, who alleged cheating at the hands of Chadha. Senior advocate Vivek Tankha, Vikas Pahwa and Sumeer Sodhi appeared on behalf of Chadha. The court was hearing the second bail plea filed by the Wave Group vice-chairman in connection with the cheating case against him. On June 13, Metropolitan Magistrate Paras Dala rejected Chadha's bail plea and sent him to 14-days judicial ...
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Swiss authorities to share details of at least 50 Indians holding illicit wealth 17.6.2019 The Asian Age | Home
In 2014 PM Modi had termed the crackdown on black money, including those allegedly parked in Swiss banks, as a key focus area.
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Swiss authorities to share details of at least 50 Indians holding illicit wealth 17.6.2019
Berne: Swiss authorities are in process of sharing details of at least 50 Indian nationals having accounts in Switzerland-based banks, with regulatory and enforcement agencies in the two countries tightening their noose on individuals suspected to have amassed illicit wealth. These individuals largely include businessmen associated with companies, including the dummy ones, in sectors ranging from real estate, financial services, technology and telecom to paints, home decoration, textiles, engineering goods, gems and jewellery. Officials involved in the process of mutual administrative assistance between the two countries said. Switzerland has been striving hard for the past few years to shed a long-standing perception of it being a safe haven for black money, while the issue has been a politically sensitive one in India as well. When the PM Narendra Modi-led Bharatiya Janata Party (BJP) government first came to power in 2014, it had termed the crackdown on the black money, including those allegedly ...
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Boeing made mistake in handling warning-system problem: CEO 17.6.2019
Paris: The chief executive of Boeing said the company made a "mistake" in handling a problematic cockpit warning system in its 737 Max jets before two crashes killed 346 people, and he promised transparency as the aircraft maker works to get the grounded plane back in flight. Speaking before the industry-wide Paris Air Show, Boeing CEO Dennis Muilenburg told reporters Boeing"s communication with regulators, customers and the public "was not consistent. And that"s unacceptable." The US Federal Aviation Administration has faulted Boeing for not telling regulators for more than a year that a safety indicator in the cockpit of the top-selling plane didn"t work as intended. Boeing and the FAA have said the warning light wasn"t critical for flight safety. It is not clear whether either crash could have been prevented if the cockpit alert had been working properly. Boeing says all its planes, including the Max, give pilots all the flight information — ...
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