Business

Rajnish Kumar to replace Arundhati Bhattacharya as SBI Chairman

Rajnish Kumar to replace Arundhati Bhattacharya as SBI Chairman

As Arundhati Bhattacharya's term as the chairperson of State Bank of India (SBI) is nearing an end, the government has named Rajnish Kumar as the new chairman for a three-year term. The gross NPAs of the merged entity stood at 9.97 percent of gross advances during the April to June 2017 quarter, indicating the battle against bad loans is far from over.


After Las Vegas, ACL Festival offers refunds to those who want them

After Las Vegas, ACL Festival offers refunds to those who want them

Austin 360 reported that so far, only two ticket holders have asked for refunds. "Safety has always been our top priority", fest organizers said. Watch the live stream starting at 3 p.m. ACL Fest's annual daily attendance draws in 65,000-75,000 people, nearly triple that of the Route 91 Harvest Festival . Austin Police Chief Brian Manley said that they've accepted help from the Department of Public Safety and they're hoping to get additional help from the federal government.


Switching to e-cigarettes could save 6.6 mln American smokers

Switching to e-cigarettes could save 6.6 mln American smokers

In the more optimistic one, they use the hypothesis that risks linked to e-cigarettes are 5% of those linked to tobacco, and that only a minority of people will continue to smoke in the "traditional" manner by 2026. At the end of the day, e-cigarettes aren't considered safe from a health perspective. The Georgetown University researchers based their numbers on the previous research that said that strict policies, significant tax hikes, and practices like packaging cigarettes with graphic ...


Gilead Sciences, Inc. (GILD) Shares Bought by Markel Corp

Gilead Sciences, Inc. (GILD) Shares Bought by Markel Corp

It has underperformed by 38.50% the S&P500. Hennessy Advisors Inc increased Global Pmts Inc (GPN) stake by 240% reported in 2017Q2 SEC filing. West Oak Capital LLC now owns 4,666 shares of the biopharmaceutical company's stock worth $330,000 after acquiring an additional 32 shares during the period.


How Office Depot Is Taking a New Strategic Direction

How Office Depot Is Taking a New Strategic Direction

The stock decreased 1.48% or $0.78 on September 29, reaching $51.85. Meanwhile, due to an ongoing pressure which caused a decline of nearly -2.14% in the past five days, the stock price is now up 7.25% so far on the year - still in strong territory.


Treasury Yields Retreat As Global Stocks Turn Lower, Dollar Softens — BOND REPORT

Treasury Yields Retreat As Global Stocks Turn Lower, Dollar Softens — BOND REPORT

Meanwhile, the benchmark BSE Sensex rose 44.16 points or 0.14 per cent to 31,541.54 in early trade. The yield on the benchmark 10-year Treasury slumped 2 basis points to 2.31 percent, the super-long 30-year bond yields slipped 1-1/2 basis points to 2.85 percent and the yield on short-term 2-year note also traded almost 1-1/2 basis points lower at 1.46 percent by 10:40MT.