Cuba slams US’ defamatory campaign

Havana, Oct 17 : Cuba has rejected a human rights “defamatory” campaign staged at a UN event in the New York headquarters denouncing alleged political prisoners situation in the island nation. In a statement the Ministry of Foreign Affairs on Tuesday said this new action was part of a “sequence of declarations” by US high-ranking […]

Canada legalises sale, use of cannabis

Ottawa, Oct 17 : Canada has become the second country after Uruguay to legalise possession and use of recreational cannabis. The nationwide market for cannabis opened Wednesday at midnight amid lingering questions about the impact on health, the law and public safety, the BBC reported. Shops in the province of Newfoundland, the most easterly time […]

Nowheera Shaik arrested for allegedly duping investors

Hyderabad, Oct 17 : Hyderabad police on Tuesday arrested leading entrepreneur-politician Nowheera Shaik on charges of allegedly cheating the investors. Nowheera, Managing Director of Heera Group of Companies, was arrested in New Delhi and brought to Hyderabad on a transit remand, said Hyderabad Police Commissioner Anjani Kumar. The arrest was made during the course of […]

Weak rupee benefited Infosys in Q2: CFO

Bengaluru, Oct 17 : A weakening rupee against a strong US dollar benefited Indian software export major Infosys in the second quarter of fiscal 2018-19, said its Chief Financial Officer (CFO) M.D. Ranganath on Tuesday. “We benefited 80 basis points (0.8 per cent) due to depreciating rupee during the quarter. We also got benefit of […]

RBI approves Bakhshi’s appointment as ICICI Bank MD&CEO

Mumbai, Oct 16 : Reserve Bank of India (RBI) has approved the appointment of Sandeep Bakhshi as Managing Director and CEO of ICICI Bank. “We wish to inform you that RBI vide its letter… dated October 15, 2018 has approved the appointment of Sandeep Bakhshi as Managing Director and CEO of the bank for a […]