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Four accused in rape-murder of Telangana vet shot dead by police

Four accused in rape-murder of Telangana vet shot dead by police

Four men accused of raping and murdering a veterinarian outside Hyderabad last month were shot dead when they tried to escape Friday morning, said a senior police officer.

The four men were being taken to the crime scene for investigation when they tried to break free at around 3.30 am, reported TV news channel NDTV.

Verdict allowing women into Sabarimala not the 'final word': Supreme Court

Verdict allowing women into Sabarimala not the 'final word': Supreme Court

The Supreme Court on Thursday said its 2018 verdict allowing entry of girls and women of all ages into the Ayyappa temple at Kerala's Sabarimala was not the final word as the matter was referred to a larger bench.

The apex court's observation came when senior advocate Indira Jaising, appearing for a woman devotee, Bindu Ammini, alleged violation of the 2018 verdict and said her client was attacked for her bid to enter the shrine.

Hyundai plans to bring fuel cell cars to India, Nexo could be first launch

Hyundai plans to bring fuel cell cars to India, Nexo could be first launch

Korean auto major Hyundai is planning to bring fuel cell electric vehicles to India. The company has already started a feasibility study as part of the plan.

Hyundai Nexo, which is already available in many markets, could be the first launch. The company claims Nexo is the world's first dedicated hydrogen-powered SUV and that it has a range of close to 380 miles, highest for any fuel-cell or electric vehicle in the market.

HDFC AMC slips 5% as Standard Life to sell additional stake via OFS

HDFC AMC slips 5% as Standard Life to sell additional stake via OFS

Shares of HDFC Asset Management Company (AMC) dipped 5 per cent to Rs 3,173 in intra-day deals on Thursday, after the company said it will use a greenshoe option for sale of additional 0.86 percent stake via offer for sale (OFS). The stock had ended 3 per cent lower at Rs 3,329 on the BSE a day earlier.

With the past two day's decline, HDFC AMC has corrected 17 per cent from its all-time high of Rs 3,844 touched on November 22, 2019.

RBI surprise: Repo rate left unchanged; FY20 GDP forecast lowered to 5%

RBI surprise: Repo rate left unchanged; FY20 GDP forecast lowered to 5%

Springing a surprise, the monetary policy committee of the Reserve Bank of India (RBI) maintained the repo rate at 5.15 per cent points (bps) in its fifth bi-monthly monetary policy meeting of the financial year 2019-20 (FY20) on Thursday. However, GDP growth forecast for FY20 was slashed to 5 per cent from 6.1 per cent.

The three-day rate-setting meet started on Tuesday (December 3). In its October meet, the RBI had cut interest rate by 25 bps to 5.15 per cent.

Polycab India hits fresh record high; stock zooms 100% from August low

Polycab India hits fresh record high; stock zooms 100% from August low

Shares of Polycab India continued their upward journey, and hit a new high of Rs 1,052, up 6 per cent on the BSE on Thursday, on expectation of strong earnings going forward. The company was included in the MSCI Global Small Cap Index with effect from November 26, 2019.

The stock of the fast moving electric goods (FMEG) company zoomed 100 per cent from its recent low of Rs 525, touched on August 22, 2019.

Alphabet's new CEO Sundar Pichai finally has a title fitting his role

Alphabet's new CEO Sundar Pichai finally has a title fitting his role

If you want to know how Alphabet's new Chief Executive Officer Sundar Pichai will run the company you don't need to look very far -- he's essentially been doing it for several years already.

Pichai, a 47-year-old engineer, grew up in India and immigrated to the US to attend graduate school.

Amazon faces widening US antitrust scrutiny, cloud business also under le

Amazon faces widening US antitrust scrutiny, cloud business also under le

US antitrust enforcers have broadened their scrutiny of Amazon.com Inc. beyond its retail operations to include its massive cloud-computing business, according to people familiar with the matter.

Investigators at the US Federal Trade Commission have been asking software companies recently about practices around Amazon's cloud unit, known as Amazon Web Services, said the people, who declined to be named because they weren't authorized to speak publicly.

Coca-Cola moves out of bottling ops in North India, to divest three plants

Coca-Cola moves out of bottling ops in North India, to divest three plants

Coca-Cola has moved out of bottling operations in north India. The company announced on Wednesday Hindustan Coca-Cola Beverages (HCCB), the groups' local bottling arm, would transfer its business operations in four territories in north India to the existing bottlers.

This means, Coca-Cola group will no longer bottle and market any of its beverages in the country. As a part of this transition, HCCB will divest three of its existing plants in the region - one each in Ghaziabad (UP), Varanasi (UP), and Jammu (J&K).

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit

SBI to divest 8.25% in UTI AMC share sale; BoB, LIC and PNB may follow suit

State Bank of India (SBI) on Wednesday said it will divest 8.25 per cent in the proposed initial public offering (IPO) of UTI Asset Management Company (AMC). The lender currently holds 18.25 per cent stake in the mutual fund (MF) house. Three other public sector undertakings (PSU) Life Insurance Corporation (LIC) of India, Bank of Baroda (BoB), and Punjab National Bank (PNB) also hold 18.25 per cent each, while US-based T Rowe Price owns 26 per cent.

Sources say LIC, BoB, and PNB too are expected to divest 8.25 per cent each in the UTI AMC IPO.

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