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Cuba's former president and iconic leftist revolutionary Fidel Castro dies at 90

Cuba's former president and iconic leftist revolutionary Fidel Castro dies at 90

Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States (US) and for five decades defied US efforts to topple him, died on Friday, state-run Cuban Television said. He was 90.

Castro, in poor health since an intestinal ailment nearly killed him in 2006. The bearded Fidel Castro took power in a 1959 revolution and ruled Cuba for 49 years with a mix of charisma and iron will, creating a one-party state and becoming a central figure in the Cold War.

PM participates in yoga with top cops in Hyderabad

PM participates in yoga with top cops in Hyderabad

Prime Minister Narendra Modi on Saturday took part in an hour-long yoga session with top police officers of the country, who gathered at the Sardar Vallabhbhai Patel National Police Academy for an annual conference focusing on cross-border terrorism, infiltration and radicalisation of youth.

Later, he paid tributes to Martyrs Column at SVPNPA in Hyderabad, where he placed a wreath.

Andhra temple receives massive donations in Rs 500 and Rs 1000 notes

Andhra temple receives massive donations in Rs 500 and Rs 1000 notes

A Hanuman temple in Andhra Pradesh's Vijayawada city received a whopping Rs 1 crore and Rs 5 lakh in the past one month after the government scrapped Rs 500 and Rs 1000 currency notes.

The authorities of the ancient Dasanjaneya Swamy Temple at Machavaram claimed that they had never seen so much money, as the temple receives donations somewhere between Rs 1.5 lakh to Rs 3 lakh from its devotees in a month.

Demonetisation: 2 Axis Bank managers under I-T Department lens for reportedly helping to convert black money

Demonetisation: 2 Axis Bank managers under I-T Department lens for reportedly helping to convert black money

Cracking down on banking staff who are allegedly helping people convert their black money into white, the Income Tax Department has conducted a survey at the Kashmere Gate branch of Axis Bank in Delhi. According to various reports, the I-T department has conducted searches at the residences of two bank managers of Axis Bank. The searches happened after two people were caught with Rs 3.5 crore in new currency notes.

Dear Zindagi: Lengthy life lessons sans drama

Dear Zindagi: Lengthy life lessons sans drama

Gauri Shinde's "Dear Zindagi" is a youth-centric cathartic film which gives you a glimpse of how they deal with life, relationships and the issues that bog them down. Perhaps, it is only the youth who will relate to — the heartaches, seeking their dream job, problems with parents, et al.

Kaira aka Koko (Alia Bhatt) is a 25-year-old Mumbai-based cinematographer, who is independent, busy shooting ad films and longing to shoot her first full length feature. Carefree, happy-go-lucky, she is in and out of relationships, some unrequited, others unfulfilled.

Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas

Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas

Leading mobile wallet MobiKwik has announced that its wallet service will soon be live at 391 toll plazas in India.

The company has received an approval from the National Highways Authority of India (NHAI) to enable commuters across all toll plazas in the country pay cashless through its mobile wallet to avoid traffic congestion due to the cash crunch.

GMR Infrastructure to revise Indira Gandhi International Airport mall space auction; may build hotel

GMR Infrastructure to revise Indira Gandhi International Airport mall space auction; may build hotel

GMR Infrastructure is likely to revise its plans to auction the 2 million sq ft of mall space it has at New Delhi’s Indira Gandhi International Airport as potential bidders have expressed reservations to certain clauses relating to tenure of the lease hold, people familiar with the developments told FE. Sources said that GMR Infra is now likely to develop an office complex or a hotel on the plot.

BSE up 100 points on global cues; eyes on rupee

BSE up 100 points on global cues; eyes on rupee

The BSE Sensex and National Stock Exchange (NSE) Nifty opened on a positive note on Friday, tracking strength in the global markets.

According to a report by Angel Broking, the "Indian market was expected to open on a positive note tracking the SGX Nifty."

SBI to raise Rs 5,681 crore from preferential issue to govt

SBI to raise Rs 5,681 crore from preferential issue to govt

State Bank of India on Friday said it will raise Rs 5,681 crore by issuance of preferential shares to the central government, its majority shareholder.

"The Committee of Directors for Capital Raising of the Bank...has accorded its approval to fix the issue price at Rs 269.59 per share of face value of Re 1 each, including a premium of Rs 268.59 per share and accordingly, to issue 21,07,27,400 equity shares...On preferential basis to Government of India, for a consideration of Rs 5,680.99 crore," SBI said in a BSE filing.

Exchange of old Rs 500, Rs 1,000 notes to continue only at RBI counters

Exchange of old Rs 500, Rs 1,000 notes to continue only at RBI counters

Exchange of banned Rs 500 and Rs 1,000 notes will continue to be available at counters of the Reserve Bank of India (RBI), up to the current limits per person, the RBI said in a release on Friday.

The announcement comes after the government, on Thursday, extended the last date for use of the denotified Rs 500 notes for allowed exemptions till December 15, and stopped the over-the-counter exchange of cash at banks with immediate effect.

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