MAY 10, 2019
The National Company Law Tribunal on Thursday admitted Anil Ambani-led Reliance Communications (RCom) for insolvency as it upheld the company's plea to exclude 357 days spent in litigation to get the bankruptcy process going.
RCom, which owes over Rs 50,000 crore to banks, has now been officially declared bankrupt after the NCLT on Thursday superseded its board and...
MAY 10, 2019
Uber Technologies' shares were down nearly 5% in their debut Friday afternoon after opening down 9%, marking a rocky start to one of the highest-profile U.S. initial public offerings since Facebook's seven years ago.
The stock's opening at $42 undermined Uber's strategy to price its oversubscribed IPO conservatively at $45 per share to avoid a repeat of rival...
MAY 10, 2019
Kristy the Asian elephant was reunited with her trainer after more than 30 years.
After 35 years, Kristy the Asian elephant still has fond memories of her former zookeeper, Peter Adamson. He was Kristy's trainer in the early '70s and '80s, when she lived at a zoo in Scotland that is now closed.
The pair reunited at the Neunkircher...
MAY 9, 2019
The Indian economy may soon get caught in the "middle income trap" just like Brazil and South Africa, Rathin Roy said. - IE Online Media Services Pvt Ltd
Under fire over weak economic scenario, Modi government may be up for more criticism as a member of PM Modi's Economic Advisory Council (PMEAC) has said that India may be...
MAY 9, 2019
House Speaker Nancy Pelosi said she agrees with House Judiciary Committee Chairman Jerrold Nadler that the country is in a "constitutional crisis" amid a tense standoff between congressional Democrats and the White House.
Nadler declared a "constitutional crisis" after his committee voted along party lines on Wednesday to hold Attorney General William Barr in contempt for defying a...
MAY 9, 2019
The Korean People’s Army in Pyongyang, North Korea. The United States has seized a North Korean shipping vessel. Ed Jones/AFP — Getty Images
WASHINGTON — The United States has seized a North Korean shipping vessel in response to violating American-led sanctions, the Justice Department announced Thursday, a move that is certain to escalate tensions already on the...
MAY 9, 2019
Football star David Beckham arrives at Bromley Magistrates Court for a hearing after he was spotted using his mobile phone while driving his Bentley, in London, Thursday, May 9, 2019. The magistrate has the power to impose six penalty points and a £200 fine for the charge of using a mobile while driving. (Victoria Jones/PA via...
MAY 8, 2019
NEW DELHI - Any retaliatory tariff by India in response to the United States' planned withdrawal of trade privileges will not be "appropriate" under WTO rules, U.S. Commerce Secretary Wilbur Ross warned on Tuesday.
The comments, made to broadcaster CNBC-TV18 during a trip to India's capital, come as trade ties between the United States and China worsen. The...
MAY 8, 2019
Brief Scorecard: Delhi Capitals 165 for 8 (Shaw 56, Pant 49, Rashid 2-15) beat Sunrisers Hyderabad 162 for 5 (Guptill 36, Paul 3-32) by two wickets
IPL 2019 Eliminator: Rishabh Pant starred with the bat as Delhi Capitals beat Sunrisers Hyderabad (Courtesy by BCCI)
VISAKHAPATNAM - Prithvi Shaw's stylish half-century and an innings of brute force from...
MAY 8, 2019
Britain's Prince Harry and Meghan, Duchess of Sussex hold their baby son, who was born on Monday morning, during a photocall in St George's Hall at Windsor Castle, in Berkshire, Britain May 8, 2019. Dominic Lipinski/Pool via REUTERS
London, Britain - Meghan Markle and Prince Harry have finally revealed the name for their little boy - Archie...
