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Largest ever loss of value in 1 day for a US company: Facebook shares plunge 20% wiping out over $120 bn in mcap

Facebook Inc. Facebook Inc. plunged as much as 20 percent Thursday after the social-media company showed signs of slowing growth following months of scandal and criticism that delivered a suckerpunch to earnings. The social-media goliath’s financial performance had previously seemed immune to fierce critiques of its content policies, its failure to safeguard private data, and

Confidence motion modi
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No-Confidence Motion How foreign media reported PM Modi’s first trust test in Parliament

No-Confidence Motion PM Narendra Modi-led Union government on Friday smoothly sailed through the no-confidence motion brought by Telugu Desham Party to protest against the denial of Special Category tag to Andhra Pradesh. The no-confidence motion was put to vote after a marathon 12 hours debate. While 325 MPs exercised their franchise in favour of the BJP-led NDA

tata steel
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Tata Steel to get debt relief from Thyssenkrupp deal

The signing of the long-due joint venture deal between Tata Steel NSE 3.52 % Europe and Germany’s Thyssenkrupp will spell relief for Tata Steel in India, with debt close to Rs20,000 crore offloaded to the JV from its books, however, the impending Bhushan Power deal still looms large on its financials. According to definitive agreements

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Free PAN in seconds! Here’s how to get instant Permanent Account Number from IT department

The Income Tax department has launched an ‘instant’ Aadhaar-based PAN allotment service for individuals seeking to obtain the unique identity for the first time. “This facility is free of cost and instant allotment of e-PAN is available only for a limited period on first-come-first-serve basis for valid Aadhaar holders,” the department said in a recent

Delhi Metro
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Delhiites note this great news! Delhi Metro to be linked with all transport systems in NCR soon

The Delhi Metro will be linked to other public transport systems in all cities in the Delhi-NCR region within one year to ensure “last mile connectivity”, an official of the Ministry of Housing and Urban Affairs has said. Union Minister of State for Housing and Urban Affairs Hardeep Singh Puri has asked the Delhi Metro Rail Corporation

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Trump-Kim meeting LIVE updates

US President vows to solve ‘big problem’, North Korea leader advocates for ‘peace’ Trump-Kim meeting LIVE updates: US President Donald Trump and North Korean leader Kim Jong-un have created history with an unprecedented summit that saw both of them shaking hands. Trump and Kim are now participating in a one-on-one meeting, after initial greeting, and

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Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate

A three-day losing streak broken and how! Equity benchmarks had a good day of trade, with the Sensex closing 275 points higher, while the Nifty closed near 10,700-mark. The market witnessed a last hour surge after Reserve Bank of India’s Monetary Policy Committee decided to hike repo rate to 6.25 percent. While the Street began

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As economy reels under rising NPAs, banking frauds, bank officials to brief parliamentary panel today

In wake of mounting bad loans and banking frauds, top officials of both public and private banks will on Monday brief a parliamentary panel. The Indian Banks’ Association (IBA) officials have been called today to appear before the Parliamentary Standing Committee on Finance headed by Verappa Moily, according a Lok Sabha bulletin. The association has