The Supreme Court on Thursday dismissed a plea on lifting the ban on the bull-taming sport of Jallikattu, a day after the AIADMK urged the Prime Minister to immediately issue an ordinance to remove bulls from the list of animals that are banned from being exhibited or trained so that there Jallikattu could be held smoothly this year.

The petition had sought the top court intervention to pass the judgement.

President-elect Donald Trump has said that Russia and its President Vladimir Putin would be assets in fighting the Islamic State terror organisation, which he called the number one issue, and blamed President Barack Obama policies for creating a void in the Middle East that gave it room to grow.

In his first news conference as President-elect on Wednesday that was slim on foreign policy, a recurring theme was regaining global respect for the US.

Hindustan Organic Chemicals Limited (HOCL) is locked in upper circuit of 20% at Rs 25.80 on the BSE on back of heavy volumes after the company announced that the board will consider the proposal to sell part of the company’s land at Rasayani to Bharat Petroleum Corporation (BPCL).

“A meeting of the board of directors of the company will be held on January 20, 2017, to consider and approve the proposal to sell part of HOCL land at Rasayani to BPCL, proposal to sell land, plant & machinery of C.N.A plant at HOCL Rasayani to ISRO as per Government of India (GOI's) directions, etc,” the company said in a BSE filing.

“Rome was not built in a day,” quips Air India CMD Ashwani Lohani on the carrier’s struggles to emerge as a good service amidst its huge debt troubles. But Lohani does not think that the airline’s issues are insurmountable. In fact, he is optimistic that progress is being made in the right direction to increase the operating profit. “We are working to improve our performance. We have a lot of legacy issues, we have no magic wand to turn around things,” he says.

KOLKATA: Coal India has almost achieved its e-auction target for the current fiscal, and is looking at offering additional supplies.

At the start of the year, it targeted eauction sales of 120 million tonnes of which it has already achieved 113 million tonnes by December, officials said.

New Delhi: The Election Commission (EC) has, ahead of polls to five assemblies, cracked the whip on violations of the model code of conduct (MCC), and separately asked Bharatiya Janata Party (BJP) lawmaker Sakshi Maharaj to explain recent comments made in poll-bound Uttar Pradesh.

Significantly, in both the missives, the EC cited a recent Supreme Court order banning the use of religion and caste to woo voters.

Domestic Engineering & Construction (E&C) is likely to witness a slowdown in execution in H2FY17 (+8 % in H1FY17) on account of demonetisation and continued execution challenges. The impact may linger longer for the ‘elite housing’ segment (6% of order book). We cut our FY17 order inflow estimates (+9% v/s +18% earlier) to factor in weak defense, infrastructure and power generation orders. We, however, expect a revival in FY18, led by higher government spending on infrastructure and defense.

Flaying Sebi for delaying probe “only for a trivial issue”, the Supreme Court on Tuesday asked it to expedite inquiry within six months against audit firm Pricewaterhouse in the Rs 7,000-crore Satyam Computer Services scam.

Sebi is investigating the role of the auditing firm that was the external auditor for the scam-tainted company between 2000 and 2008. Two senior partners—S Gopalakrishnan and Srinivas Talluri—had certified Satyam’s audit reports in that period.

Sensex surged over 151 points to breach the 27,000-level and Nifty hit the crucial 8,300-mark in opening trade following widespread gains as investors widened their bets amid a firming trend in Asian markets.

However, caution prevailed ahead of macroeconomic data and quarterly earnings from blue-chip companies.

Ford Motor Co on Tuesday confirmed that it would be less profitable in 2017 than last year, even as cross town rival General Motors Co on the same day gave a much more upbeat forecast that surpassed Wall Street expectations.

Ford, the second largest U.S. automaker, affirmed that it was on track to deliver about $10.2 billion in adjusted pretax profit in 2016, matching a forecast it gave previously.

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