Business

Markets snap 6-day losing streak; Sensex still below 26K-mark

Markets snap 6-day losing streak; Sensex still below 26K-mark

Japan's Nikkei also gained 0.04 percent. The benchmark Sensex failed to hold the 26,000-mark in early trade Tuesday. Mumbai: BSE Sensex pared its initial gains to dip below the psychological 26,000-level but was trading higher by about 105 points on buying in metal, energy, IT, teck, oil & gas and auto sectors amid higher Asian cues.


Union: Lufthansa pilots to strike on Wednesday

Union: Lufthansa pilots to strike on Wednesday

Budget airlines Germanwings and Eurowings and other Lufthansa carriers, such as Austrian Airlines, SWISS and Brussels Airlines, are not affected, Lufthansa said. On Tuesday, Eurowings flights to and from Dusseldorf and Hamburg were canceled due to strikes called by the flights attendants' union Ver.di, according to the Lufthansa unit's website.


Demonetisation: IT Notices To Those Depositing Huge Cash

Demonetisation: IT Notices To Those Depositing Huge Cash

Cautioning Jan Dhan account holders, housewives, artisans and others against allowing parking of black money in their bank accounts during the 50-day window till December 30, the Government on Friday said that the person letting his or her account to be misused is also liable for prosecution under the I-T Act.


Indiana House Fire Kills Four Kids

Indiana House Fire Kills Four Kids

Many who attended the meeting were the heroes who did everything they could to save the lives of the four children. Their mother and two law enforcement officers were also injured. The fire broke out in a home in Flora, Ind . early Monday, WTHR-TV said . She went to the scene, although she was not on-duty at the time. State Fire Marshal Jim Greeson inspected the scene himself and consulted with investigators.


Zimmer Partners Lp adds Anadarko Petroleum Corporation (APC) to its portfolio

Zimmer Partners Lp adds Anadarko Petroleum Corporation (APC) to its portfolio

The Bethesda Maryland 20814 based company has been outperforming the reit - residential group over the past 52 weeks, with the stock gaining 20.12%, compared to the industry which has advanced 3.28% over the same period. The company has elected to be taxed as a REIT under the Internal Revenue Code of 1986 and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders.


Barclays preps mobile contactless cash points

Barclays preps mobile contactless cash points

Smartphone payments might have paved the way for a cashless society but there are still places when old-fashioned cash is necessary. The company is piloting the program in Northern England and will roll it out to over 600 machines at 180 United Kingdom branches next year.