[wanabidii] News Digest: State Bank of India Q3 net profit jumps, beats estimates

Friday, February 10, 2017

Today's Headlines

State Bank of India Q3 net profit jumps, beats estimates
State Bank of India, the nation's top lender by assets, on Friday reported its first jump in quarterly profit since mid-2015, which also beat analysts' expectations, helped by lower provisions for bad loans.

Reckitt Benckiser to buy Mead Johnson for $16.6 billion
Reckitt, the maker of Lysol cleaners, Durex condoms and Mucinex cold medicine, said it will pay $90 in cash for Mead Johnson shares, a 30% premium to their closing price the day before Reckitt said it was in advanced talks with the maker of Enfamil baby formula.

Government to make all ration shops Aadhaar-enabled by June
"We will make all 5.58 lakh ration shops Aadhar-enabled by June 30. We are in discussion with food and consumer affairs ministry for this," Prasad told reporters. He said that already all ration shops in Gujarat, Andhra Pradesh and Rajasthan have been made Aadhar-enabled.

More Business News»

Environment

SC directs Centre to take steps to preserve over 2L wetlands
In a major direction to preserve ecologically crucial wetlands threatened by encroachment in many parts of the country, the Supreme Court directed the Centre on Wednesday to frame a policy to protect wetlands by June 30.

NGT pulls up states for not giving action plan on MSW
Most of the states today faced the ire of the National Green Tribunal for not complying with its order directing them to file detailed action plan to show how municipal solid waste (MSW) would be processed.

Giant panda Bao Bao to depart for China from Washington
Bao Bao was born on August 23, 2013 at the Washington zoo, and is nearing her fourth birthday. According to arrangements between China and the US, giant pandas born here must move back to China at around four years of age, Xinhua news agency reported.

More Environment News»

World

Kabul endorses US general's call for additional troops
Kabul on Friday endorsed US general John Nicholson's call for thousands of additional troops in Afghanistan to stave off a resurgent Taliban. Afghan forces, beset by record casualties, have been struggling to rein in the Taliban since US-led Nato troops ended their combat mission in December 2014.

Britain will be 'just fine' post-Brexit: Apple CEO
Britain will be "just fine" after it leaves the European Union, Apple's chief executive Tim Cook said in an interview broadcast on Friday. UK voted to leave European Union in a referendum in June last year and PM Theresa May is preparing to kickstart the departure process by the end of March.

Iranians celebrate 1979 revolution with rallies
Iranians began a nationwide celebration on Friday to commemorate the 38th anniversary of the 1979 revolution with rallies around the country. Demonstrators in Tehran chanted traditional slogans against the US and Israel.

More World News»

Science

First middle-weight black hole found hiding in dense star cluster

ISRO develops Telemetry and Telecommand Processor

Astronomy: First white dwarf pulsar discovered

More Science News»

Technology

Former Infosys board member TV Mohandas Pai slams NR Narayana Murthy
All of us spent a major part of our lives building up this great company, and I am very saddened by what has happened, Pai, who is not a founder said.

ASCI upholds complaints against Paytm, Amazon, Freecharge and others for misleading ads
Advertising sector watchdog ASCI upheld complaints against 100 misleading advertisements in November, including those of HUL, Indigo Airlines, Emami, Idea Cellular, Philips, Marico, Bajaj Auto and GlaxoSmithKline Consumer.

WhatsApp just got a new security setting
Facebook-owned WhatsApp has finally started rolling out the two-step verification feature. The feature has been under beta testing since November last year. The company is now rolling out the feature Android, iOS and Windows Phone users.

More Technology News»

Education

HRD ministry forms sub-panel of CABE to boost girls' education

Delhi govt to run leadership programme in its schools
Delhi government will run leadership programme for students in schools run by it, deputy chief minister Manish Sisodia announced on Tuesday.

HRD to bring 'graded regulatory mechanism' in UGC: Javadekar
The HRD ministry will bring in a "graded regulatory mechanism" as part of key reforms in the University Grants Commission (UGC) to usher in greater transparency, freedom and autonomy, Union minister Prakash Javadekar said on Sunday.

More Education News»

Mumbai

BMC elections: Shiv Sena sacks 26 rebels
In a crackdown on rebels, the Shiv Sena on Thursday sacked 26 party functionaries for rebelling against the party. The move came after senior leaders failed to pacify rebels who did not withdraw their nominations against official Sena candidates.

HC grants bail to two, denies one in Pune techie gang rape case
The Bombay HC on Friday rejected a bail plea of Abhinay Sahi but granted two other accused Devrath Dubey and Anand Chanar bail in the case of a techie's gangrape that had shocked Pune earlier last year.

Security breach on-board IndiGo's Mumbai-Chandigarh flight
Budget passenger carrier IndiGo on Friday reported an incident of security breach on-board its Mumbai-Chandigarh flight. Just after the boarding got completed, a passenger opened the emergency exit door of the aircraft. A co-passenger received bruises.

More Mumbai News»

Delhi

GoAir engineer suspended for engine fire scare
The aviation regulator has suspended the licence of a GoAir airraft maintenance engineer for alleged lapses which led to the major engine fire scare at Delhi on Wednesday night. At least two engineers' negligence caused the engine trouble soon after the GoAir plane took off from Delhi.

No app-based cabs on Delhi roads today?
"More than 5,000 drivers are going to participate in the strike and we will ensure that app-based taxis don't ply," said Rathore.An Ola representative declined to comment.

Within minutes of takeoff, GoAir flyers screamed 'fire, fire'
The passengers on-board GoAir flight G8 557, bound for Bengaluru, had a harrowing time on Wednesday evening after one of its engines caught fire. There were panic and screams for help soon after flames were first spotted on the left side of the aircraft.

More Delhi News»

Bangalore

Water board to confiscate private tankers, monitor operations
The confiscation of tankers, if it happens, will be a first in the BWSSB's 53-year history to slake the city's thirst.

'Only in English, I have been labelled a gay author'
Vasudhendra, the author of more than 10 collections of short stories and essays in Kannada, is known for his work dealing with globalization and socio-economic changes in Karnataka.

I gain fresh insights at litfests: Anita Nair
a Nair has been a regular participant at the Times LitFest and the third edition of the festival will once again see the writer and publisher donning an active role.

More Bangalore News»

Hyderabad

Kodandaram to speak for jobless on Facebook today
The current focus of the TJAC is the February 22 rally by the unemployed in the city, the success of which may well determine how much of pull the once formidable group has in Telangana.

Telangana to popularise Mallesham's Aasu looms
The state government will extend all possible help to Chintakindi Mallesham, the well-known weaver from the state and this year's Padmasri award recipient.

Staff on Singapore visit to give zoo a facelift
The city's Nehru Zoological Park (NZP) is all set to get a facelift complete with a railway track, a toy train and solar-powered CCTV cameras, said Jogu Ramana, state forest minister on Thursday.

More Hyderabad News»

Chennai

Sasikala vs Panneerselvam: Tamil Nadu Governor meets chief secretary, top cops
Acting Tamil Nadu Governor Ch Vidyasagar Rao on Friday took stock of the situation arising out of the political fallout. He met chief secretary Girija Vaidyanathan, director general of police T K Rajendran and city police commissioner S George.

I had expelled Sasikala even before she expelled me: AIADMK presidium chairman
AIADMK interim general secretary Sasikala expelled party presidium chairman E Madhusudanan from the primary membership of the party, an hour after he announced that had sent a memorandum to the Election Commission seeking to declare the election of Sasikala as party as null and void.

Sasikala vs Panneerselvam: It is serious if MLAs are confined and if they are refusing food, Madras HC says
After telling the Madras HC that AIADMK legislators supporting Sasikala were not under illegal confinement, government admitted today that it was an ‘incorrect’ statement. On allegations that 20 MLAs were refusing to take food and water, the court said, "If true, it is a matter of serious concern."

More Chennai News»

Ahmedabad

Woman invites trouble for spying on husband's I-T returns

Gujarat Chief Minister flags-off BSF organized cycle trip from Gandhinagar to Nadabet
Gujarat Chief Minister Vijay Rupani flagged-off Seemadarshan Cyclothon from the Gandhinagar community center situated near the ministers’ bungalow. The cyclothon has been organized by Border Security Force (BSF). Gujarat Tourism Corporation is also participating in the event as co-organizer.

Cops to go from fat to fit with inhouse canteen
On top of putting their personal safety on the line daily, cops face longterm physical and mental health effects due to poor food habits. In the first week of February, Ahmedabad police lost three of its men to serious health complications.

More Ahmedabad News»

Allahabad

RSS steps in for BJP's Siddharth Nath Singh
The BJP held a brainstorming session with the Rashtriya Swayamsevak Sangh (RSS) on Thursday to formulate a strategy for campaigning for the former’s national secretary Siddharth Nath Singh who would be contesting from Allahabad (west).

Raja Bhaiya's supporters thrash BJP leader in Pratapgaarh
Supporters of Kunda MLA Raghuraj Pratap Singh aka Raja Bhaiya allegedly attacked Bharatiya Janata Party leader Pawan Gautam near Badgava ka Mazra village under Maheshganj police station in Pratapgarh district on Thursday.

High Court: Every child has right to free, compulsory education
The Allahabad high court on Thursday ruled that it is the fundamental right of every child of six to 14 years of age to get free and compulsory education, and it is the duty of the government and local bodies to provide schools to them in close vicinity.

More Allahabad News»

Bhubaneswar

Video-conference facility for undertrials in Bhubaneswar
In the wake of the startling revelation by Pradeep Sethy, chief of Artha Tatwa (AT) Group chit fund company, about the alleged involvement of two ministers in the Ponzi scam.

Ashley Judd gets KISS Humanitarian Award
Hollywood actor and global goodwill ambassador of United Nations Population Fund (UNFPA) Ashley Judd was conferred KISS Humanitarian Award 2016 here on Thursday.

Tipsy railway cop held for assaulting colleague

More Bhubaneswar News»

Bhopal

Six trees cut, carted away from 'protected' Van Vihar
Six trees of Kat-Chandan were cut and stolen from the hyena enclosure at Bhopal Van Vihar on the night of February 1, leading to embarassment for the forest department and triggering queries on if it has happened earlier.

Why PM, RSS chief silent on graft in MP: Congress
A day after Prime Minister Narendra Modi’s “raincoat” jibe in the Rajya Sabha, the state Congress on Thursday launched a scathing attack saying the same theory of taking a bath wearing a raincoat applies to the top brass of the BJP-RSS in Madhya Pradesh.

Solar power rate touches record low
Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 3 per unit. Auction for world’s biggest solar power park in Rewa district of the state, which began at 10 am on Thursday, was going on till the time of writing this story. The lowest bids received for all three units till 11.30 pm was Rs 3.13 per unit.

More Bhopal News»

Chandigarh

Former war veteran passes away

Court allows CBI to file list of more witnesses

Probe sought into lifting of police nakas

More Chandigarh News»