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Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources

Reuters - Tue, 2017-09-19 23:40
TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.
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Wall Street edges up on telecom gains; Fed meet in focus

Reuters - Tue, 2017-09-19 22:37
(Reuters) - U.S. stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.
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Tesla shares fall from record high after warning from analyst

Reuters - Tue, 2017-09-19 22:37
SAN FRANCISCO (Reuters) - Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable.
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Oil edges off recent high ahead U.S. stock data, OPEC meet

Reuters - Tue, 2017-09-19 22:02
NEW YORK (Reuters) - Oil prices edged lower on Tuesday, retreating from near-five-month highs in advance of data expected to show a build in U.S. crude inventories as imports resume and refineries were still restarting after recent storm activity.
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Investors snap up Indian insurer ICICI Lombard's IPO

Reuters - Tue, 2017-09-19 22:00
MUMBAI (Reuters) - ICICI Lombard General Insurance Co Ltd's initial public offering to raise 57 billion rupees ($886 million) was nearly three times subscribed on the last day of the sale, underscoring investor enthusiasm in India's booming IPO market.
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TRAI cuts mobile termination charges 57%; eyes waiver by ’20

The Hindu - Tue, 2017-09-19 21:59
Move to take effect from Oct. 1; may lead to drop in call rates
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Brexit, slowdown: a bleak backdrop for UK shift towards higher rates

Reuters - Tue, 2017-09-19 21:52
LONDON (Reuters) - The Bank of England has chosen an unusual time to announce that British interest rates are likely to rise for the first time in more than 10 years.
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Retailers boost holiday hires in stores to help tackle online sales

Reuters - Tue, 2017-09-19 21:50
(Reuters) - Major retailers are looking to stimulate anemic sales by hiring thousands of more workers this holiday season to improve customer service on their sales floors and handle the fast-growing use of their stores to fulfill online orders.
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M&M’s driverless tractor to roll out in Feb. 2018

The Hindu - Tue, 2017-09-19 21:36
Roll-out planned for Feb. 2018; pricing it ₹1 lakh lower than current models would be ideal, says MD
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Tata Sons consolidates holdings

The Hindu - Tue, 2017-09-19 21:35
Even as it set in motion the process of converting itself into a private limited company despite protests from the Mistrys’ Cyrus Investments, Tata Sons Ltd. has gone on to consolidate its holdings in...
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U.S. defence firms want grip on technology in Make-in-India plan

The Hindu - Tue, 2017-09-19 21:33
Lockheed Martin and Boeing are among companies bidding for contracts; foreign arms manufacturers concerned over legal liabilities
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‘New policy may help revive interest in coal bed methane’

The Hindu - Tue, 2017-09-19 21:31
‘OALP, HELP will increase investment in coal-rich India’
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Daimler offers Euro-V ready medium trucks

The Hindu - Tue, 2017-09-19 21:28
NOx emissions 40% less than in BS-IV
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Online hotel booking firm to add 10,000 properties in India

The Hindu - Tue, 2017-09-19 21:27
‘Demand fuelled by domestic travel’
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IPO of ICICI Lombard subscribed three times

The Hindu - Tue, 2017-09-19 21:25
The initial public offer (IPO) of ICICI Lombard General Insurance, which closed for subscription on Tuesday, was subscribed 2.97 times on the last day till the time of going to press. Bids were receiv...
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Wall Street little changed as investors focus on Fed meeting

Reuters - Tue, 2017-09-19 21:07
(Reuters) - U.S. stocks were little changed on Tuesday as investors held back from making major bets ahead of the Federal Reserve's policy meeting that is expected to roll out a plan to pare the central bank's debt holdings.
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Bayer says needs more time for Monsanto deal approval

Reuters - Tue, 2017-09-19 20:55
MONHEIM, Germany (Reuters) - German drugs and pesticides group Bayer said on Tuesday it was now likely to be early next year before it can complete its $66 billion deal to acquire U.S. group Monsanto, later than previously expected.
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Saudi Aramco could disclose accounts early 2018 - sources

Reuters - Tue, 2017-09-19 20:18
LONDON/DUBAI (Reuters) - Saudi Aramco will be able to release its audited financial accounts in early 2018 if the government decides on a venue for listing the oil giant's IPO and finalizes several reforms this year, three sources said.
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Wall Street little changed ahead of Fed's policy meeting

Reuters - Tue, 2017-09-19 20:04
(Reuters) - U.S. stocks were little changed in morning trading on Tuesday as investors avoided taking major bets ahead of the two-day Federal Reserve meeting that is expected to roll out a plan to pare the central bank's bond holdings.
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M&M displays driverless tractor; commercial rollout in 2018

The Hindu - Tue, 2017-09-19 19:49
Mahindra & Mahindra (M&M) on Tuesday showcased its first ever driverless tractor which it plans to introduce commercially next year.The company, which has developed the tractor at its Chennai-...
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