Mutual funds dump oil, queue up for bank scrips
Indian mutual funds seem to be stocking up on banks and financial sector stocks, and are cutting down on natural resource related sectors such as oil and gas and metals.
After oil, Indian firms race China for coal
Coal is turning out to be the oil of the new decade. Like the rush for oil a decade ago, companies are now scouting for coal resources globally.
BoR merges with ICICI Bank
ICICI Bank is likely to acquire Bank of Rajasthan, a smaller private sector bank that had run into trouble with regulators earlier this year.
Reliance, RNRL begin gas talks
The top legal representatives of Reliance Industries Ltd (RIL) and Reliance ADA group have reportedly started re-negotiations in Mumbai as directed by the Supreme Court, on the contentious family MoU.
Cabbie kills self, blames taxi firm
The police on Tuesday registered an abetment to suicide case against a private taxi company after a taxi driver blamed them in his suicide note.
More homes, more winners in next year’s lottery
Boosted by the success of its lottery draw on Tuesday, the Mumbai Housing and Area Development Board (MHADB) has announced that the next edition of the lottery will have more tenements.
28-yr-old dies while in custody
A 28-year-old accused arrested in a theft case died in a civic hospital after he complained of chest pain, while in custody of the police in Borivali on Monday morning.
‘Rumblers on JJ, but bikes still off ’
The ban on motorcycles on the JJ Flyover, which has received mixed reactions since its imposition last month, will continue even after rumbler strips are installed.
Housing lottery software won’t change
The Maharashtra Housing and Area Development Board (MHADB) had received a lot of flak for the software it has used in last year’s lottery draw.
Class 12 student hangs self
A young girl from Kalyan took her life on Sunday evening at her residence fearing poor performance in the Higher Secondary Certificate (HSC) exams.