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Baba Ramdev has exuded confidence that Patanjali will be the largest brand in India within 1-2 years. But that is not true. The company, which has declared war on products sold by foreign firms, often calling them harmful and full of chemicals, plans to further dominate the market, though its own products have come under the scanner of Indian authorities over quality issues.
  • OPEC Deal May Be Falling Apart; Freeport Gets Copper Export License

    OPEC Deal May Be Falling Apart; Freeport Gets Copper Export License

    Markets

    Revenue rose to $3.3 million from $2.3 million, compared with the FactSet consensus of $3.5 million. For the most recent period which ended on 2016-12-31, F5 Networks, Inc.'s EPS was reported as $1.48. The stock ended last trade at $13.10 a share and the price is up more than -0.68% so far this year. Duquesne Family Office Limited Company has 3.71% invested in Freeport-McMoRan Inc (NYSE:FCX).
  • LVMH to consolidate hold on Dior in multibillion-euro deal

    LVMH to consolidate hold on Dior in multibillion-euro deal

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    By making it a wholly-owned subsidiary, LVMH would be able to harness its "high growth potential" of Christian Dior Couture, the statement said. Christian Dior Couture is now considered an independent affiliate of LVMH despite having the same controlling shareholder.
  • PPG Industries ups bid for Akzo Nobel to $28.8B

    PPG Industries ups bid for Akzo Nobel to $28.8B

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    It is the third time that the Pittsburgh-based company has tabled an offer for Akzo, maker of Dulux paint, and comes one day before the Dutch giant's annual meeting. Last week, the Amsterdam-based company unveiled plans to spin off its specialist chemicals division either via a sale or a separate listing within the next 12 months, hoping to calm rumblings among shareholders discontent with the rejection of PPG.
  • Turkish Jets Hit Kurdish Militant Strongholds In Iraq, Syria

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    The decision to hit positions held by the PKK across Turkey's borders was made after a slew of attacks against military outposts near borders with Iraq and Syria , the military said. It considers the YPG to be a "terrorist" group because of its ties to outlawed Kurdish militia in southeast Turkey. The PKK, which is listed as a terrorist organization by Turkey, the USA, and the European Union, resumed its armed campaign in July 2015 after a brief reconciliation period.
  • United CEO won't add chairman title in 2018

    United CEO won't add chairman title in 2018

    Markets

    The company said Friday that Munoz proposed rewriting his employment contract to remove the expectation that he would become chairman at next year's annual meeting of parent United Continental Holdings Inc. Munoz was named CEO in September 2015, replacing Jeffrey Smisek, who stepped down in the midst of an influence-trading scandal. Munoz now serves on the company board and was slated to chair it in 2018.
  • Supreme Court Allows NDMC to E-auction Taj Mansingh Hotel

    Supreme Court Allows NDMC to E-auction Taj Mansingh Hotel

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    It asked NDMC to review its decision as opinions of the top two legal officers of the country - Attorney General and Solicitor General - were not considered while decision to E-auction the property was taken in the meeting in presence of Delhi chief minister Arvind Kejriwal.
  • US Treasury's Mnuchin says will unveil tax reform plan 'very soon'

    US Treasury's Mnuchin says will unveil tax reform plan 'very soon'

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    Trump will sign two presidential memos in this regard, Politico news reported. U.N. Secretary-General Antonio Guterres meets with Trump at the White House for the first time since both took office earlier this year and amid a US push to cut funding to the world body and its agencies.
  • Ministers to do away with red beacon vehicles from May 1

    Ministers to do away with red beacon vehicles from May 1

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    From May 1 only emergency services will be allowed to use the flashing beacons to move swiftly through India s notoriously congested streets. Earlier, the newly formed Punjab government under Amarinder Singh had issued a formal notification prohibiting the use of red beacon light on all vehicles, except for certain exempted categories.
  • Delhi: Two killed, three injured in Kashmiri Gate vehicle accident

    Delhi: Two killed, three injured in Kashmiri Gate vehicle accident

    Markets

    The three were having a joyride in the vehicle owned by Chug's father, police said. The police identified the three injured in the accident as Asif, Karan and Sanjay, all of whom appear to be daily wage earners. Chugh is a resident of Model Town in Delhi. One of them called the police and he was handed over to them. "His friends fled the scene after the accident", Narwal told IANS .