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Tamil Nadu Elections 2016: AIADMK releases candidates list; Jayalalithaa to contest again from RK Nagar

Tamil Nadu Elections 2016: AIADMK releases candidates list; Jayalalithaa to contest again from RK Nagar

The All India Anna Dravida Munnetra Kazhagam (AIADMK) on Monday announced the list of candidates for the upcoming Tamil Nadu assembly elections.

AIADMK will contest in 227 constituencies and the alliance partner will be allocated 7 seats. Chief Minister J Jayalalithaa will contest from RK Nagar.

Yes Bank raises Rs 545 crore via Basel-III complaint bonds

Yes Bank raises Rs 545 crore via Basel-III complaint bonds

Private sector lender Yes Bank today said it has raised Rs 545 crore by issuing Basel-III complaint tier-II bonds.

"The Bank has successfully raised Rs 545 crore from Basel III compliant Tier II bonds on private placement basis. The issue was closed on March 31, 2016," Yes Bank said in a regulatory filing.

DLF, Indiabulls, Apollo Tyres fall on Panama tax documents

DLF, Indiabulls, Apollo Tyres fall on Panama tax documents

Shares of DLF, Indiabulls group firms and Apollo Tyres Monday plunged by up to 4% on reports of leaked documents naming their promoters having associations with firms in tax havens.

Shares of Apollo Tyres declined by as much as 3.01% to a low of Rs 169.15 on the BSE.

Panama Papers: From Amitabh Bachchan to Adani's brother, names of 500 Indians leaked

Panama Papers: From Amitabh Bachchan to Adani's brother, names of 500 Indians leaked

What do Bollywood superstars Amitabh Bachchan and Aishwarya Rai Bachchan, DLF owner K P Singh and Gautam Adani’s elder brother Vinod Adani have in common?

According to a report in The Indian Express on Monday, these names, among 500 others, figure on a Panama law firm's list of Indians who have setup offshore companies in tax havens through the firm's services.

Infosys hits record high

Infosys hits record high

Shares of Infosys have moved higher to its record high of Rs 1,237 on the National Stock Exchange (NSE) in noon deals today ahead of theJanuary-March (Q4) quarter results next week.

The information technology (IT) company is scheduled to announce the financial results for the quarter and year ended March 31, 2016 on April 15, 2016.

Virat Kohli-backed Chisel Fitness plans 100 centres by 2018

Virat Kohli-backed Chisel Fitness plans 100 centres by 2018

Virat Kohli-backed fitness start-up Chisel is all set to introduce technology enabled workout routines, targeting young IT workers as it expands its network of fitness centres across India and introduces workout routines devised specifically for their lifestyles.

With an aim to having 100 centres across the country by 2018, the Bengaluru-based start-up is mulling the idea of launching its own fitness devices and will introduce gamified fitness routines.

M&M launches Nuvosport at Rs 7.35 lakh

M&M launches Nuvosport at Rs 7.35 lakh

Mahindra & Mahindra, country's largest utility vehicle manufacturer, today launched the Nuvosport, a multi-seater UV which is a redesigned Quanto. The vehicle is priced at Rs 7.35 lakh (ex-showroom, Thane).

The vehicle is less than 4 meters in length and will compete against Maruti Suzuki Vitara Brezza, Ford EcoSport, Mahindra TUV300 and KUV100.

ITC dips on closure of cigarette units over uncertain health warning rules

ITC dips on closure of cigarette units over uncertain health warning rules

Shares of ITC were down 1.7% at Rs 330 on the Bombay Stock Exchange after the company announced the closure of its cigarette factories with effect from April 1, 2016 until clarity emerges in the current uncertain state of the rules on health warning.

In mid October 2014 the Ministry of Health and Family Welfare in a notification said that the health warnings should occupy 85% of the front and back panels of the cigarette package. The effective date of this new warning was notified as April 1, 2015, the company said in a release.

Bajaj Auto to ready a Royal Enfield rival

Bajaj Auto to ready a Royal Enfield rival

Royal Enfield's dominance in the middle-weight motorcycle category might soon have competition from Bajaj Auto.

According to Bajaj Auto, the third largest two-wheeler manufacturer in the country, the 350-600cc motorcycle market Royal Enfield operates in has enough room for more players to come in. When asked if Bajaj Auto would get into this space, Rajiv Bajaj, managing director, Bajaj Auto, said, "Definitely. Every mature segment becomes a two-horse race eventually in any given market.

Obama calls for reduction of nuclear arsenal in India, Pakistan

Obama calls for reduction of nuclear arsenal in India, Pakistan

Washington: India and Pakistan need to make progress in reducing their nuclear arsenal and ensure they do not “continually move in the wrong direction” while developing military doctrines, US President Barack Obama said on Saturday.

“One of the challenges that we’re going to have here is that it is very difficult to see huge reductions in our nuclear arsenal unless the United States and Russia, as the two largest possessors of nuclear weapons, are prepared to lead the way,” Obama said.

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