Finance HUDCO IPO oversubscribed 3 times on Day 2
Author: 0 HUDCO IPO oversubscribed 3 times on Day 2

Issue size of the IPO is between Rs 1,128 crore - Rs 1,224 crore. The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 2.96 times and non institutional investors94 per cent. The data shows that the issue got subscribed by 3.01 times. Of the total, it aims to garner Rs 46,500 crore from minority stake sales through new listings as well as already listed firms, Rs 15,000 crore from strategic sales and Rs 11,000 crore through the listing of state-owned insurance ...

Author: 0 Indian equities trade on a flat note

Among BSE sectoral and industry indices, capital market rose 1.90 per cent, industrials 1.27 per cent, power 0.99 per cent, metal 0.76 per cent, oil&gas 0.76 per cent, energy 0.61 per cent and realty 0.52 per cent. According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the equity benchmark indices witnessed a rangebound session on mixed global cues.

Author: 0 Why Hedge Funds Are Cautious about Crude Oil

The EIA forecast US crude production at an average 9.31 million barrels a day in 2017, up 1% from the previous forecast, according to the USA government agency's Short-term Energy Outlook report . The number of active US rigs drilling for oil rose last week for a 16th week in a row, according to Baker Hughes BHI, -0.94% on Friday-implying that output is set to continue its climb.

Finance Force India's Mallya found guilty of contempt
Author: 0 Force India's Mallya found guilty of contempt

The Indian businessman, who co-owns a Formula One team and a cricket side, fled India in 2016, owing more than $1.3 billion (1.2 billion euros) in loans to more than a dozen banks. The top court had on July 25, 2016, issued notice to Mallya on a contempt plea by the consortium of banks for not makings full disclosure of assets, both in India and overseas, held by him, his wife and children.

Author: 0 Jakarta's Christian Governor Sentenced To 2 Years For Blasphemy

Ahok told the court he would appeal the ruling. Syamsu Hilal, a member of an anti-blasphemy group who reported Ahok's comments to police previous year, says "here we have witnessed that the judge has become a representative of God, that the judge has upheld justice".

Finance Wall Street flat after tapping record high
Author: 0 Wall Street flat after tapping record high

Fading political risk following France's election of centrist candidate Emmanuel Macron over eurosceptic Marine Le Pen, a strong U.S. results season, and an improving global economy appear to be helping investors sleep better at night, if recent measures of volatility are anything to go by.

Finance British PM Theresa May vows energy price cap if re-elected
Author: 0 British PM Theresa May vows energy price cap if re-elected

May past year praised free markets and free trade in a speech to party activists but also said that she would be prepared to intervene where markets were dysfunctional or where companies were exploiting the failures of the market. The former BP executive received a pay package of £4.15m - enough to pay the heating and lighting bills for almost 4,000 customers on the company's standard tariff.

Finance Protester slams pie in airline CEO's face
Author: 0 Protester slams pie in airline CEO's face

Joyce, whose face, suit jacket, shirt and tie were covered in cream, also left the room to clean himself up. A Western Australia Police spokesman said it was now investigating the incident and interviewing the individual concerned. And that they now had one person in custody. The Qantas chief was initially stunned by the ambush but quickly went back to normal. The man who attacked him was surrounded by security staff in the Hyatt foyer, he sat calmly, not saying anything as Mr Joyce ...

Author: 0 Tunnel with nuclear waste collapses in Washington state

The robot can detect radiation, volatile gases, and trace explosives and has been used in situations from the aftermath of 9/11 to the Boston Marathon bombing. "Responders are getting closer to the area where the soil has subsided for further visual inspection". The mishap occurred atop one of two rail tunnels under a plant located in the middle of the Hanford site.

Finance MTV Awards salute 'Beauty and the Beast,' 'Stranger Things'
Author: 0 MTV Awards salute 'Beauty and the Beast,' 'Stranger Things'

Back in 2013, Selena Golmez wore a bindi on her head for the MTV Movie Awards and was immediately asked to apologize by the Universal Society of Hinduism. Emma Watson won the first gender-neutral accolade at the MTV TV and Movie Awards on Sunday. The show maintained its traditional irreverence with awards recognizing the best duo (Hugh Jackman and Dafne Keen of the film Logan ), best tearjerker (TV hit This Is Us), and best kiss (Ashton Sanders and Jharrel Jerone of Moonlight ).

Finance Hertz tanks 15% after missing big on earnings
Author: 0 Hertz tanks 15% after missing big on earnings

It has outperformed by 5.56% the S&P500. The biggest institutional shareholders in Hertz Global Holdings, Inc include Icahn Associates Corp which owns 29 million shares in the company valued at $630.93 million. Russell Investments Group Ltd. now owns 17,400 shares of the transportation company's stock worth $305,000 after buying an additional 5,007 shares in the last quarter.

Finance U.S. stocks end higher
Author: 0 U.S. stocks end higher

Markets have been placid the last two weeks, and the biggest one-day move for the S&P 500 during that span has been 0.6 percent, as investors keep crossing off reasons to fear. S&P 500 earnings on average have grown 14.4 percent, up from 10.1 percent estimated at the start of the earnings season, according to Thomson Reuters I/B/E/S.

Finance Target to launch next-day delivery of household goods
Author: 0 Target to launch next-day delivery of household goods

Initially, the program will allow Minneapolis-area shoppers that have a REDcard to visit a dedicated "online experience" that will give them access to thousands of household essentials. "We created Target Restock to save busy guests time", Target stated in an online release", and make it easier than ever to get household essentials delivered quickly.

Author: 0 Rough road: Last-place Giants delayed by bus breakdown

The Giants selected Christian in the first round of the 2013 draft, the highest drafted high schooler from Hernando County since Bronson was taken by the Pirates in the third round in 1995. And yesterday, to add insult to the injury inflicted by them being shut out by Scott Feldman, the dang team broke down on the way to the Cincinnati airport following the game.

Finance Diego to coach second div UAE side
Author: 0 Diego to coach second div UAE side

Next season the controversial 1986 World Cup victor will take the helm of an ambitious club who are aiming to escape the UAE's First Division League. If nothing else, this will be interesting. It marks a return to management after a five-year gap for the 56-year-old Argentina great, who as a player led his country to a 1986 World Cup title and runners-up spot four years later.

Author: 0 Pressure still on Caps, but spotlight is on Fleury in Game 6

After repelling a handful of Capitals attacks, Fleury surrendered a goal to T.J. Oshie with seven minutes, 19 seconds remaining in the opening period. Then, later in the game, he did battle with Beagle in front of the Caps' goal . Stats from last night's 4-2 victory in Game 5. Washington was 20 minutes from elimination despite outshooting Pittsburgh 18-10.

Finance Indian woman accuses Pakistan man of forced marriage
Author: 0 Indian woman accuses Pakistan man of forced marriage

Uzma went missing from the Indian High Commission in Islamabad last week and appeared before a lower court in the capital on Monday, stating that she was forced to marry her husband at gunpoint and was subjected to abuse by him. In another twist, it was revealed that Uzma was aware that Tahir was married with four children, which is contradictory to her statements on Monday, Geo News reported.

Finance Iran warns will hit 'militant safe havens' inside Pakistan
Author: 0 Iran warns will hit 'militant safe havens' inside Pakistan

Gen. Baqeri further added "We expect the Pakistani officials to control the borders, arrest the terrorists and shut down their bases". "If there are continued attacks, the terrorists' safe havens will be targeted and crushed, wherever they are", Bagheri was quoted as saying by IRNA news agency.