Yahoo Finance’s Alexis Christoforous and Alexandra Canal discuss McDonald's bringing back the McRib.
Yahoo Finance’s Alexis Christoforous and Alexandra Canal discuss McDonald's bringing back the McRib.
Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told Reuters. The IPO could raise at least $2 billion, one of the sources said, which would likely make it the largest overseas share offering by a Southeast Asian company. Singapore-based Grab declined comment on the potential IPO.
Bhopal (Madhya Pradesh) [India], January 18 (ANI): Madhya Pradesh Chief Minister, Shivraj Singh Chouhan is scheduled to meet Union Minister Nitin Gadkari in the national capital on Monday and is likely to discuss state's infrastructure projects.
New Delhi [India], January 18 (ANI): Students of Class 10 and 12 in government and private schools in Delhi on Monday were given a rousing welcome, with all Covid safety protocols put in place, some ten months after educational institutions were forced to shut down due to the coronavirus pandemic.
Russian president’s most determined foe detained minutes after landing at Moscow
There are sure tell-tell signs of being always unhappy around that person, having frequent arguments, and so on.
BEIJING — Chinese state media say 12 out of 22 workers trapped for a week by an explosion in a gold mine are alive, as hundreds of rescuers seek to bring them to safety. The Xinhua News Agency said Monday a note passed through a rescue shaft Sunday night reported the fate of the other 10 remains unknown. The handwritten note said four of the workers were injured and that the condition of others was deteriorating because of a lack of fresh air and an influx of water. Managers of the operation were detained after they failed to report the accident for more than a day. The mine in Qixia, a jurisdiction under the city of Yantai in Shandong province, had been under construction at the time of the blast, which occurred Jan. 10. More than 300 workers are seeking to clear obstructions while drilling a new shaft to reach the chambers where the workers were trapped and expel dangerous fumes. “Keep on with the rescue efforts. We have hope, thank you," read the note, written in pencil on notebook paper and posted on Xinhua's official website. China's mining industry has a reputation for skirting safety requirements amid massive demand for coal and precious minerals, although increased supervision has reduced the frequency of accidents that used to claim an average of 5,000 miners per year. Two accidents in the southwestern megacity of Chongqing last year killed 39 miners, prompting the central government to order another safety overhaul. The Associated Press
The fourth-wicket pair calmly collected the remaining runs.
Shot entirely during the ongoing pandemic, the six-minute documentary captures vignettes of a 200-year-old building on Marine Lines' Sonapur Street, crumbling on the outside but bustling within.
Apart from Aari Arjuna and Balaji Murugadoss, Ramya Pandian, Som Shekar and Rio Raj also made it to the finale
U.S. defense officials say they are worried about an insider attack or other threat from service members involved in securing President-elect Joe Biden’s inauguration, prompting the FBI to vet all of the 25,000 National Guard troops coming into Washington for the event. The massive undertaking reflects the extraordinary security concerns that have gripped Washington following the deadly Jan. 6 insurrection at the U.S. Capitol by pro-Trump rioters. Army Secretary Ryan McCarthy told The Associated Press on Sunday that officials are conscious of the potential threat, and he warned commanders to be on the lookout for any problems within their ranks as the inauguration approaches.
A nurse receives the first jab, after months of delay and political discord over the programme.
French oil and energy group Total has agreed to buy a 20% minority stake in India's Adani Green Energy Limited (AGEL) from Adani Group, as Total builds up its presence in the renewable energy sector. Total said on Monday that its purchase of the stake in AGEL would give Total a seat on the board of directors of AGEL.
Brandon Staley won't have to move that far for his first head coaching opportunity. Staley agreed to become the Los Angeles Chargers' coach on Sunday night after one season as the defensive coordinator for the crosstown Rams. The Chargers made the decision to hire Staley after their second interview with him.
AC Milan need at least a draw at Cagliari to reclaim first place outright in Serie A.
(Bloomberg) -- HDFC Bank Ltd., India’s largest private lender by assets, posted third-quarter profit that beat analyst expectations after earnings were buoyed by strong loan growth. Shares jumped.Net income was 87.6 billion rupees ($1.2 billion) in the three months through December compared with 74.2 billion rupees a year earlier, exchange filings on Saturday showed. That beat the average estimate of 76.4 billion rupees from 18 analysts, according to data compiled by Bloomberg.India’s most valuable bank by market capitalization is the first lender to report third-quarter results. While banks largely withstood the coronavirus pandemic’s economic fallout due to a revival in consumer spending, a six-month moratorium and a loan restructuring program has masked some of the soured debt.Shares in HDFC Bank surged as much as 2.3% in Mumbai on Monday to a record 1,500 rupees, while the S&P BSE Bankex Index fell.HDFC Bank’s 18% profit growth may be “among the strongest performance reported by the larger Indian banks in fiscal 3Q ended December,” said Diksha Gera, an analyst at Bloomberg Intelligence, adding that “peers Axis, ICICI and Yes Bank are likely to lag.”The gross bad loan ratio at the bank led by Chief Executive Officer Sashidhar Jagdishan narrowed to 0.8% at the end of December from 1.08% three months earlier. The ratio would have been 1.38% without the relaxation of rules regarding the recognition for bad debt, the bank said in the filing.To read about the boost to banks’ consumer loan bookHDFC Bank’s loan book grew by an annual 16% in the October to December period, outpacing the sector’s average growth of 6%. Last year, the bank was ordered to curb some digital and credit card operations following a series of technical glitches, a rare step by the financial regulator as online transactions surge in the nation.In 2020, “there were worries on unsecured loans, growth, management transition and tech-related issues during the later part of the year,” said Suresh Ganapathy, an analyst at Macquarie Capital Securities (India) Pvt. “Despite all the challenges, HDFC Bank has done well.”(Updates with analyst comments and share reaction.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- One of India’s top fund managers is turning bullish on higher-yielding rupee corporate bonds based on the view that the nation’s recovery will outpace the consensus estimate of economists.Maneesh Dangi, who oversees $25 billion of debt assets at Aditya Birla Sun Life AMC Ltd., expects India’s economy to expand by 13% in the fiscal year starting April, compared with a median forecast of 9% by economists surveyed by Bloomberg. Dangi bases his outlook in part on optimism about the jobless rate falling after lockdowns were eased as well as policy steps helping minimize insolvencies.Aditya Birla Sun Life Corporate Bond Fund is the third-best performer among India’s mutual funds focused on the company note category in the past year with an 11.4% return on its regular investment plan, according to data from the Association of Mutual Funds in India.“We will start dialing up AA risk,” said Dangi, 44, referring to corporate bonds with credit ratings in the AA category. “Quality AA rated papers where yields have not compressed to pre-Covid levels are offering attractive returns.”That approach must contend with numerous risks. While the government has said economic indicators suggest a broad-based recovery ahead, it forecasts the worst contraction since 1952 for the current fiscal year. Recent Covid-19 resurgence in countries that, like India, had success after strict earlier lockdowns is also a reminder of how unpredictable the crisis can be. And the nation is still home to one of the world’s largest outbreaks globally.Dangi said the “biggest risk” to his strategy would be any premature withdrawal of support measures to counter the pandemic, and he stressed that officials face a delicate task in communicating with debt markets.Last week brought a stark warning on that account. Yield premiums on rupee corporate bonds jumped after falling to record lows in 2020, following an announcement by the central bank that it would drain cash from the market in an effort to normalize liquidity operations.Dangi had been reducing holdings of all but the safest corporate bonds in recent years until of late. He had done so because of a credit crisis triggered by the failure of a large shadow bank in 2018 that stung local markets even before the pandemic.Read about RBI assuring bond investors over its easy monetary stanceNow, though, he is keen on buying debt from firms that are likely to get upgraded to AA in the near future. He has also shortlisted a few non-AAA rated borrowers from sectors including commodities, chemicals and automobile components, which could benefit from any sharp economic recovery.(Adds chart showing rising yields for corporate rupee notes)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The border closure is likely to remain even with widespread vaccinations, a top official says.
New Delhi [India], January 18 (ANI): Various Urdu newspapers published from New Delhi gave space on their front page on Monday about the hearing in the Supreme Court today in pleas against the tractor rally, proposed to be organised by farmer unions, on the Republic Day as a mark of protest against the agriculture laws.
Using iron kadhais while cooking certain types of food can add on to the nutrition value of your food and boost haemoglobin levels.
Mukesh Ambani's Reliance Industries plans to embed its ecommerce app JioMart into WhatsApp within six months, financial daily Mint reported https://bit.ly/3oTRtPB on Monday, as the Indian conglomerate looks to ramp up its retail and grocery business in the country. Reliance, which has been trying to move away from its mainstay oil and energy business, had last year raised about $26 billion from investors like Google and Facebook for its digital and retail arms as it takes on Amazon.com Inc and Walmart-backed Flipkart in India. The move to integrate JioMart with WhatsApp will allow hundreds of millions of users to order products from Reliance without having to leave the app, Mint said, citing two officials aware of the development.