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Could not work amid unrelenting malicious personal attacks: Vishal Sikka

Prokerala 1 hour 36 minutes ago

Announcing his resignation as Managing Director and CEO of software giant Infosys Ltd in a mail to employees, Vishal Sikka wrote that he "could not" do his job with "unrelenting, baseless,...
How Steve Jobs inspired Vishal Sikka to leave Infosys
Infosys, a 36-year-old Indian IT giant, just lost its first non-founder CEO. Vishal Sikka, the companys former CEO & managing director, who resigned today (Aug.
Infosys press conference: Here#39;s how experts react
Vishal Sikka resigns as Infosys MD CEO; he will take on the role of Executive Vice Chairman.
Sikka stumps markets, Sensex skids 271 pts, Infosys crashes
Vishal Sikka's surprise resignation as Infosys CEO today threw markets off-track as the Sensex careened off 271 points while the Nifty managed to end above 9,800.
Sensex ends lower but post weekly gain
Mumbai: Indian shares fell on Friday led by Infosys Ltd that plunged after the resignation of Chief Executive Vishal Sikka heightened uncertainty about the IT services provider's future. However, the BSE and NSE indexes still posted their biggest weekly gain in five. The benchmark BSE Sensex closed down 0.85 percent at 31,524.68, but gained nearly 1 percent in the week. The broader NSE Nifty ended 0.67 percent lower at 9,837.40, but rose 1.3 percent for the week . Infosys shares closed down 9.6 percent, their biggest daily fall in more than four years.
Sensex ends lower but posts weekly gain
REUTERS - Indian shares fell on Friday led by Infosys Ltd that plunged after the resignation of Chief Executive Vishal Sikka heightened uncertainty about the IT services provider's future.
Infosys tanks as Vishal Sikka quits as MD & CEO. Should you sell the stock?
The development sent the stock plummeting - down over 6% in intra-day deals on the BSE to Rs 955
Vishal Sikka resigns: Here's how Infosys stock reacted
Sikka cited distractions and disruptions as reasons for his resignation. Sikka will hold office until permanent CEO is appointed.
DNA, Sify, Reuters, IRIS, Business Standard, Money Today,
  

PNB, HDFC Bank to revise interest rates on savings accounts

Prokerala 1 hour 36 minutes ago

Banking majors -- PNB and HDFC Bank -- on Thursday said that they will reduce interest rate by 0.5 per cent on saving bank deposits of below Rs 50 lakh to 3.5 per cent per annum with effect from...
Current Interest Rates in India
You will find the updated interest rates for small saving schemes and fixed deposits with SBI on this page
HDFC Bank falls 0.5% even as it cuts interest rates on savings accounts
The bank on Thursday cut interest rates on most of its savings accounts to 3.5 percent from 4 percent.
HDFC Bank, YES cut SB a/c rates
Most have kept their savings bank rate at 3.5%, specially for the smaller depositors. The high-value depositors for majority of banks continue to earn the existing rate of 4%
After HDFC Bank, PNB cuts interest rate on savings account by 0.5%
The new interest rates will be effective from August 19
After SBI, now Yes Bank, HDFC Bank cut interest rates; savings account to fetch less returns
A large section of country's middle class who keep their savings in salary accounts is likely to feel the pinch as private and public-sector lenders have announced a sharp cut in interest rates on savings deposits.
HDFC Bank cuts rates on certain savings accounts
HDFC Bank Ltd on Thursday cutinterest rates on most of its savings accounts to 3.5 percentfrom 4 percent. Customers with savings bank account balance of 5 millionrupees ($77,924.10) and above will continue to earn interest at4 percent per annum, the lender said in a statement. State Bank of India had cut deposit rates on mostof its savings accounts to a six-year low last month to boostnet interest margins, prior to the interest rate cut by theReserve Bank of India. Lenders such as Yes Bank Ltd and Axis Bank Ltdamong others have also cut interest rates on certainsavings accounts. ($1 = 64.1650 Indian rupees)
Now, Yes Bank cuts savings account rate
Private sector lender Yes Bank today reduced the interest rate on savings bank accounts by 1 per cent to 5 per cent for deposits of less than Rs 1 lakh. However, the bank will continue to pay 6 per cent interest on deposits of over Rs 1 lakh and less than Rs 1 crore. The bank has also slashed interest rate on savings accounts to 6.25 per cent from existing 6.5 per cent for deposits over Rs 1 crore. The new rates would be effective from September ...
Money Control, DNA, Business Standard, Money Today, Sify, MSN India,
  

US stocks open lower amid political tensions, Spain attacks

Prokerala 1 hour 36 minutes ago

US stocks opened lower on Friday, as investors grew worried amid the Trump administration's strained relationship with business leaders.US President Donald Trump said earlier this week that he was...
Why I quit Trump's business council: Richard Trumka
'President Trump's $1 trillion infrastructure bill is nowhere to be found'
Apple's Cook says he disagrees with Trump, vows donations to rights groups
REUTERS - Apple Inc CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to President Donald Trump after he blamed white nationalists and anti-racism activists equally for violence in Virginia over the weekend.
Trump disbands business councils after CEOs quit in protest
Donald Trump was today forced to disband two key business advisory councils after some members the panels rebuked the US President for his incendiary remarks on the Virginia violence in which he apparently defended white nationalists. The abrupt decision came after the Strategic and Policy Forum, comprised of JPMorgan CEO Jamie Dimon, PepsiCos Indian-origin CEO Indra Nooyi, General Motors CEO Mary Barra and Walmart CEO Doug McMillon, decided to abandon it. The Strategic and Policy Forum and the White House Manufacturing Jobs Initiative were both dissolved amid a string of resignations from the chief executives of top American firms over his "ambiguous" response to the violence in Virginia. Trump had established the Manufacturing Advisory Council in January after his swearing-in while the 16-member Strategic and Policy Forum was set up in December when he was the president-elect. "Rather than putting pressure on the business people of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet. As many as 11 CEOs in the advisory councils have quit so far. A majority of them resigned after criticism mounted over Trumps less-than-encouraging response to the weekend violence in Charlottesville (Virginia), where a car rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman. Trump in his remarks had blamed both sides for the violence. Earlier in the day, members of the Strategic Policy Forum in a joint statement said that intolerance, racism and violence have absolutely no place in the country and are an affront to core American values. The Presidents Strategic and Policy Forum was conceived as a bi-partisan group of business leaders called to serve our country by providing independent feedback and perspectives directly to the President on accelerating economic growth and job creation in the United States, the members said. "We believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans," they said. In a joint statement, the CEOs noted that job creation and supporting an inclusive pro-growth agenda remained important to the countrys progress. "As such, the President and we are disbanding the Forum," they said. The Los Angeles Times said in a report: "The dissolution of the councils marks corporate Americas strongest repudiation yet of Trump, who ascended to the White House touting himself as the first CEO president." The Washington Post termed the development as a "major setback" to Trumps relationship with the American business community. JP Morgan Chase chief executive Jamie Dimon, a member of the Strategy & Policy Forum, according to the daily, told employees in a note that his group decided to disband following Trumps news conference, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville. "Constructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country. It is a leaders role, in business or government, to bring people together, not tear them apart," Dimon wrote to his employees. "Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville," Campbell Soup CEO Denise Morrison said in a statement before he announced his resignation. "I believe the president should have been — and still needs to be — unambiguous on that point," he added. General Electric Chairman Jeff Immelt said, "The Committee I joined had the intention to foster policies that promote American manufacturing and growth. However, given the ongoing tone of the discussion, I no longer feel that this Council can accomplish these goals." "The Presidents most recent statements equating those who are motivated by race-based hate with those who stand up against hatred is unacceptable and has changed our decision to participate in the White House Manufacturing Advisory Council," said Johnson & Johnson chief executive Alex Gorsky, who had previously said he would remain on the manufacturing council to have a voice at the table.
Trump disbands business councils after CEO exodus over Charlottesville remarks
US President Donald Trump said he is shutting down two business councils after several member CEOs quit protesting Trump's comments on the Charlottesville, Virginia violence.
US President ends manufacturing council after CEOs quit
US President Donald Trump said that he was disbaning both the Manufacturing Council and the Strategy and Policy Forum, as business leaders resigned from the council over his remarks on Charlottesville violence.
Donald Trump disbands business councils after CEOs quit in protest over Charlottesville violence
US President Donald Trump disbanded his two business advisory councils after facing a string of resignations from the chief executives over his "ambiguous" response to violence by white supremacists in Charlottesville.
Trump disbands business councils after CEOs quit
Washington:US President Donald Trump hasdisbanded his two business advisory councils after facing a string of resignations from the chief executives over his "ambiguous" response to violence by white supremacists inCharlottesville. Trump had established the Manufacturing Advisory Council in January after his swearing-in while the 16-member Strategic and Policy Forum was established in December when he was the president-elect. "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet. As many as 11 CEOs in the advisory councils have quit so far. A majority of them resigned after criticism mounted over the US presidents less-than-encouraging response to the weekend violence in Charlottesville, where a car rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman. News reports appeared that more CEOs were likely to leave his presidential councils, in an apparent protest against Trumps remarks that people on both sides were responsible for the violence in Charlottesville. Eight CEOs -- including Mercks Kenneth Frazier, Intels Brian Krzanich, Kevin Plank of Under Armour, and Richard Trumka, president of American Federation of Labor and Congress of Industrial Organisations (AFL-CIO) -- had quit from Trumps two advisory councils till yesterday. Earlier in the day, members of the Strategic Policy Forum in a joint statement said that intolerance, racism and violence have absolutely no place in the country and are an affront to core American values. Led by Blackstone CEO Stephen Schwarzman, members of the Strategic Policy Forum included JPMorgan CEO Jamie Dimon, PepsiCo CEO Indra Nooyi, General Motors CEO Mary Barra, and Walmart CEO Doug McMillon. The Presidents Strategic and Policy Forum was conceived as a bi-partisan group of business leaders called to serve our country by providing independent feedback and perspectives directly to the President on accelerating economic growth and job creation in the United States, the members said. "We believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans," they said. In a joint statement, the CEOs noted that job creation and supporting an inclusive pro-growth agenda remained important to the countrys progress. "As such, the President and we are disbanding the Forum. Job creation and supporting an inclusive pro-growth agenda remain vitally important to the progress of our country. As Americans, we are all united in our desire to see our country succeed," they said. The Los Angeles Times said in a report: "The dissolution of the councils marks corporate Americas strongest repudiation yet of Trump, who ascended to the White House touting himself as the first CEO president." The Washington Post termed the development as a "major setback" to Trumps relationship with the American business community. JP Morgan Chase chief executive Jamie Dimon, a member of the Strategy & Policy Forum, according to the daily, told employees in a note that his group decided to disband following Trumps news conference, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville. "Constructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country. It is a leaders role, in business or government, to bring people together, not tear them apart," Dimon wrote to his employees. "Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville," Campbell Soup CEO Denise Morrison said in a statement before he announced his resignation. "I believe the president should have been — and still needs to be — unambiguous on that point," he added. General Electric Chairman Jeff Immelt said, "The Committee I joined had the intention to foster policies that promote American manufacturing and growth. However, given the ongoing tone of the discussion, I no longer feel that this Council can accomplish these goals." "The Presidents most recent statements equating those who are motivated by race-based hate with those who stand up against hatred is unacceptable and has changed our decision to participate in the White House Manufacturing Advisory Council," said Johnson & Johnson chief executive Alex Gorsky, who had previously said he would remain on the manufacturing council to have a voice at the table. PTI
Charlottesville violence: Amid stream of resignations, Trump disbands Manufacturing Council
[U.S.A.], August 17 (ANI): United States President Donald Trump has announced to end White House's American Manufacturing Council along with the Strategy and Policy Forum, after several business leaders resigned from the Council. "Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both," Trump Tweeted. Eight members of the Manufacturing Council have resigned following Trump's response to the racially-charged violence at a rally of white supremacists in Charlottesville, Virginia. However, after three CEOs -- Merck & Co.'s Kenneth Frazier, Under Armour Inc.'s Kevin Plank and Intel Corp.'s Brian Krzanich resigned on Monday, Trump had said that he has other CEOs ready to take their place that "grandstanders" should not have joined the manufacturing council in the first place. While Trump on Monday condemned white supremacists, he returned to his initial position at a press conference Tuesday, saying there was "blame on both sides" for the violence. Earlier, first one to leave the council, CEO Merck & Co.'s Kenneth Frazier, had cited Trump's passive and delayed response in denouncing the hate groups responsible for the Virginia violence as the basis of his resignation. "I feel a responsibility to take a stand against intolerance and extremism," Frazier said. Trump received widespread criticism for failing to specifically rebuke white nationalists for violent protests in Charlottesville, Virginia. (ANI)
Deccan Herald, India Today, SME Times, DNA, Mathrubhumi, Sify,
  

Spanish police shoot five suspects dead after van rampage kills 13 in Barcelona

DNA 4 hours 55 minutes ago

Spanish police shot dead five would-be attackers after confronting them early on Friday in a town south of Barcelona where hours earlier a suspected Islamist militant drove a van into crowds,...
Spain van attack kills 13; 2 held
Police have arrested at least two suspects after a van was used to kill at least 13 people in a terrorist attack in Barcelona city centre.
Spain hunts van driver who mowed down Barcelona crowd, killing 13 | Reuters
The post Spain hunts van driver who mowed down Barcelona crowd, killing 13 | Reuters appeared first on Firstpost .
13 dead, over 50 hurt in Barcelona attack: minister
At least 13 people were killed and over 50 injured today when a driver ploughed a van into pedestrians on a busy street in Barcelona popular with tourists, the region's interior minister said. "We can confirm there are 13 dead and more than 50 injured," Joaquim Forn tweeted.
No report of Indian casualty in Barcelona `terror` attack: Sushma Swaraj
A van ploughed into crowds in the Spanish city of Barcelona on Thursday killing at least 13 people.
Two killed after van plows into crowd in Barcelona
[Spain], Aug 17 (ANI): At least two persons were reportedly killed and 20 injured after a van plowed into a crowd of people in Barcelona. The report frther said that the driver of the van flew away from the spot. Police said they are treating the incident as a terror attack and asked people to avoid the area. According to local media reports, the incident took place near the popular tourist area of Las Ramblas. (ANI)
Van mows down crowd in Barcelona, 13 killed
BARCELONA (Reuters) - A van ploughed into crowds in the Spanish city of Barcelona on Thursday and a regional official said 13 people were killed, in what police said they were treating as a terrorist attack.
Business Standard, Zee News, Sify, Reuters,
  

Bihar floods toll rises to 119

MSN India 1 hour 14 minutes ago

The toll due to the floods triggered by rains in Nepal and northern parts of the state was 72 yesterday, and 73.44 lakh people in 14 districts were hit.
Assam floods claim 11 more lives
The floods in Assam claimed 11 more lives on Friday even as the authorities said there were some #39;signs of improvement#39; in the overall situation.
11 more deaths take Assam flood toll to 60, Governor meets Modi
The authorities on Friday reported a slight improvement in the flood situation in Assam with over 2,200 villages in 20 districts still under a sea of water and the death toll climbing to 60.Eleven more people died in the last 24 hours across the state in the second wave of floods that have hit Assam since July.The Assam State Disaster Management...
Bihar floods: Death toll rises to 98, exams postponed, trains cancelled
The deluge in Bihar has so far affected nearly 93 lakh people and killed 98 of them.
Floods claim 53 more lives in Assam, Bihar, West Bengal
At least 36 more flood- related deaths have been reported from Bihar and Assam, even as over 1.20 crore people have been marooned in the two states.
Death toll from floods rises as 36 die in Bihar, Assam today
In Bihar alone, 26 people died; Saharsa was the latest district to be affected in the state
Bihar floods: Death toll rises to 72; over 73 lakh people affected
Community kitchens have been started for people affected due to floods.
India Today, Zee News, Business Standard, DNA,
  

What will Kim do next? Sixth nuclear test seen critical for North Korea

Reuters 22 hours 36 minutes ago

SEOUL/WASHINGTON (Reuters) - North Korea says it has developed intercontinental missiles capable of targeting any place in the United States.
No war on Korean Peninsula: South Korea's Moon
[South Korea], August 17 (ANI):South Korean President Moon Jae-in has said there "will be no war on the Korean Peninsula ever again" and added that the United States will not take unilateral action against North Korea. President Moon assured that his government "will block war by all means" and said that only South Korea could give consent to initiate any conflict with the North. "US President Donald Trump had assured South Korea he would consult with them before making any military decisions on North Korea,"Moon, who took office in May,said during a news conference on Thursday to mark the first 100 days of his presidency. "Against North Korea, even with extreme pressure, it has to be solved peacefully and our opinion and US opinion about this matter is not different," CNN quoted Moon, as saying. The South Korean leader has warned that Pyongyang completing an intercontinental ballistic missile (ICBM)and weaponizing it with miniaturized nuclear weapon is "nearing" a red line. "If North Korea provokes again, it will face with much harsher sanction and won't stand it in the end. I want to warn North Korea to do no more dangerous gambling," added Moon. Meanwhile, Kim Jong Un has thrown the gauntlet to Donald Trump, saying that North Korea will wait a little before opting to fire missiles towards the U.S. Pacific territory of Guam to see what see what the "foolish Yankees" do next. US Secretary of Defense James Mattis warned that if North Korea fired on US territory it would be "game on.""You don't shoot at people in this world unless you want to bear the consequences," Mattis said in Pentagon.(ANI)
North Korea would be crossing red line if it put nuclear warhead: South Korea
South Korean President, Moon Jae-in today said North Korea would be crossing a red line if it put a nuclear warhead on an intercontinental ballistic missile. Speaking at a news conference to mark his first 100 days in office Moon said Seoul would consider that Pyongyang is crossing a red line if it launches an intercontinental ballistic missile again and weaponises it by putting a nuclear warhead on top of the missile.
No war on Korean Peninsula: South Korea's Moon
South Korean President Moon Jae-in has said there "will be no war on the Korean Peninsula ever again" and added that the United States will not take unilateral action against North Korea.President Moon assured that his government "will block war by all means" and said that only South Korea could give consent to initiate any conflict with the North."US President Donald Trump had assured South Korea he would consult with them before making any military decisions on North Korea,"Moon, who took office in May,said during a news conference on Thursday to mark the first 100 days of his presidency."Against North Korea, even with extreme pressure, it has to be solved peacefully and our opinion and US opinion about this matter is not different," CNN quoted Moon, as saying.The South Korean leader has warned that Pyongyang completing an intercontinental ballistic missile (ICBM)and weaponizing it with miniaturized nuclear weapon is "nearing" a red line."If North Korea provokes again, it will face .
Revealed: Kim's nuclear plan
North Korea says it has developed intercontinental missiles capable of targeting any place in the United States.
What will Kim do next? Sixth nuclear test seen critical for N.Korea
North Korea says it has developed intercontinental missiles capable of targeting any place in the United States.
Business Standard, MSN India, DNA,
  

Infosys up 5% as board set to consider share buyback on August 19

Money Control 13 hours 14 minutes ago

The meeting of board of directors of the company will consider a proposal for buyback of equity shares of the company at its meeting to be held on August 19.
Infosys to consider share buyback on Saturday
The Infosys Board of Directors will meet on Saturday to consider a proposal for buyback of its equity shares of Rs 5 face value, said the global software major on Thursday.
Buyback boost for Infosys shares
The buyback will lead to higher return on equity and payout ratio, said Edelweiss
Infosys share buyback plan: Here's why Infy is mulling buyback, what it means for investors
The Infosys stock opened over 3 per cent higher on Thursday post the announcement that the company would consider a proposal for buyback of its equity shares at its meeting scheduled on August 19.
Infosys stock closes at four-month high
The Infosys stock on Thursday closed at a four-month high level on Thursday a day after the Bengaluru-based firm said it would consider a proposal for buyback of its equity shares at its meeting to be held on August 19. The stock was top gainer on Nifty 50 and the 30 stock Sensex. A share buyback is repurchase of a company's outstanding shares that reduces the number of shares in the open market. The buyback is carried out usually at a premium ...
IT giant Infosys to consider proposal for share buyback
Infosys, India's second-biggest software services exporter, has said it will consider a proposal for buyback of its equity shares at its meeting to be held on August 19.
Money Today, MSN India, DNA,
  

Trinamool sweeps Bengal civic polls

Prokerala 5 hours 36 minutes ago

Virtually bulldozing all opposition, West Bengal's ruling Trinamool Congress on Thursday, swept all the seven civic bodies where polling was held on Sunday. The BJP emerged as the main but distant...
TMC sweeps West Bengal civic polls, bags all seven bodies; BJP emerges main challenger
Trinamool Congress on Thursday bagged all seven civic bodies in West Bengal.
Didi sweeps Bengal civic polls
In West Bengal civic polls, of the total 148 wards spread across various pockets of the state, the Trinamool Congress won 140 and the BJP six
West Bengal civic polls: Mamata's Trinamool Congress sweeps all 7 urban local bodies
The Mamata Banerjee-led Trinamool Congress has made a clean sweep in the seven urban civic body elections across the state.
Trinamool sweeps Bengal civic polls
Virtually bulldozing all opposition, West Bengal's ruling Trinamool Congress swept all the seven civic bodies. The BJP emerged as the main but distant opposition by displacing the Left Front in the vote count on Thursday.
West Bengal: Trinamool Congress leading in municipal polls
The ruling Trinamool Congress was ahead of its rivals in all seven urban local bodies, where elections were held on August 13.
India Today, Business Standard, DNA,
  

Ronaldo-less Real complete Super Cup rout of Barcelona

The Assam Tribune 13 hours 14 minutes ago

MADRID, Aug 17: Real Madrid shrugged off the absence of the suspended Cristiano Ronaldo to cruise past rivals Barcelona 2-0 in the second leg of the Spanish Super Cup to cap a 5-1 aggregate win.
Real complete Barca rout
Real Madrid shrugged off the absence of the suspended Cristiano Ronaldo to cruise past rivals Barcelona 2-0 in the second leg of the Spanish Super Cup to cap a 5-1 aggregate win. Ronaldo was slapped with a five-game ban for pushing the referee after he was sent off in the first leg, but his replacement Marco Asensio enhanced his reputation as one of world football's rising stars as he smashed Madrid into the lead after just four minutes. Karim Benzema then deservedly doubled Real's lead before half-time. Barca responded with a more spirited second-half showing and were unfortunate not to at least pull a goal back as Lionel Messi and Luis Suarez hit the woodwork. Victory continues Madrid's run of success under Zinedine Zidane with the European champions now having lifted seven trophies in the 20 months since the Frenchman took charge. "We played a great match tonight," said Zidane. "Especially in the first half it was spectacular." Zidane even had the luxury of leaving first-team regulars Gareth Bale, Isco and Casemiro on the bench as Real's strength in depth was demonstrated in a dominant first 45 minutes. "This team has hunger and every time we play it shows," added Zidane. "We have to try to continue like this. To start the season like this is very good, but we know a long season is just starting." In similar fashion to his strike in the first leg, 21- year-old Asensio sent an unstoppable left-footed shot past Marc-Andre ter Stegen into the top corner from outside the box. "I think we were superior across the whole tie," Asensio told Spanish TV station Telecinco. However, he rejected suggestions he is now ahead of Bale in Zidane's pecking order. "I am working to have as many minutes as possible on the field. "I am happy on both a collective and individual level." Barcelona boss Ernesto Valverde has suffered the worst possible start to his reign with back-to-back defeats against the Catalans fiercest rivals and the visitors never threatened to mount a comeback after conceding. "We have to recover quickly, the league is on the horizon," said Valverde, ahead of Barca's La Liga opener against Real Betis on Sunday. Shorn of Neymar after his world record breaking transfer to Paris Saint-Germain and injured captain Andres Iniesta, Barca's star front two lacked the service needed to make a meaningful impact. "In three days we find ourselves against the ropes," added Valverde. "Things have happened in pre-season that have affected the balance of the team and our job is to refind that balance." Indeed, the scoreline could have been a lot more embarrassing for Barca as Marcelo dragged wide before Lucas Vazquez hit the post with a glorious chance. The hosts finally doubled their lead six minutes before the break when Benzema nipped in front of Umtiti and slotted past Ter Stegen. An 11:00 pm kick-off time meant half-time saw Wednesday turn to Thursday and Barca did at least salvage some pride in the early morning with an improved second-half display. Messi was desperately unlucky not to net a consolation goal as he hit the underside of the bar from a narrow angle. The visitors' night was summed up when Suarez headed against the post with the goal gaping after Navas had parried Messi's driven shot into his path.
Ronaldo-less Real complete Super Cup rout of Barcelona
Real Madrid shrugged off the absence of the suspended Cristiano Ronaldo to cruise past rivals Barcelona 2-0 in the second leg of the Spanish Super Cup to cap a 5-1 aggregate win. Ronaldo was slapped with a five-game ban for pushing the referee after he was sent off in the first leg, but his replacement Marco Asensio enhanced his reputation as one of world football's rising stars as he smashed Madrid into the lead after just four minutes. Karim Benzema then deservedly doubled Real's lead before half-time. Barca responded with a more spirited second-half showing and were unfortunate not to at least pull a goal back as Lionel Messi and Luis Suarez hit the woodwork. Victory continues Madrid's run of success under Zinedine Zidane with the European champions now having lifted seven trophies in the 20 months since the Frenchman took charge. "We played a great match tonight," said Zidane. "Especially in the first half it was spectacular." Zidane even had the ...
Ronaldo-less Real crush Barca to win Spanish Super Cup
Even without Cristiano Ronaldo, Real Madrid completed a Supercopa de Espana triumph over Barcelona.
Spanish Super Cup, 2nd Leg: Marco Asensio stunner helps Real Madrid blank Barcelona 2-0, lift title with 5-1 aggregate
Marco Asensio opened the scoring and KarimBenzemathen deservedly doubled Real`s lead before half-time.
Soccer-Dominant Madrid crush Barcelona to win Super Cup
Real Madrid won the Spanish Super Cup for the 10th time with a 2-0 win over rivals Barcelona at a joyous Santiago Bernabeu on Wednesday to complete a 5-1 aggregate victory.
MSN India, Zee News, DNA,
  

HC seeks response from Uttar Pradesh on Gorakhpur deaths

Zee News 2 hours 14 minutes ago

Over 70 children have died atGorakhpur`s BabaRaghavDas Medical College over the last 10 days.
HC seeks reply from UP govt on PIL seeking judicial probe into Gorakhpur deaths
Several PILs have been filed in the high court by lawyers and social activists demanding a judicial probe.
Gorakhpur tragedy: Allahabad HC pulls up UP Govt., asks to specify cause of children deaths
[India], August 18 (ANI): The Allahabad High Court on Friday pulled up the Uttar Pradesh Government and asked to specify the cause of deaths of multitudes of children that took place in Gorakhpur's BRD Medical College. The next hearing will be on August 29. The Lucknow bench of the Allahabad High Court today heard the Public Interest Litigation (PIL) in regard with the Gorakhpur tragedy in which at least 30 kids died in 48 hours at Baba Raghav Das (BRD) Medical College's Nehru Hospital on August 10 and 11. Activist and advocate Dr. Nutan Thakur said that PIL would be heard before the bench of Justice Vikram Nath and Justice Daya Shankar Tiwari. Thakur further said the PIL asserts that the state government and its agencies have been trying to defend the entire incident by negating the facts emerging in media about deaths taking place due to oxygen failure, which gives a message that they are trying to hide facts and shield certain guilty persons. The PIL seeks judicial enquiry in the matter so that the true facts emerge and guilty do not remain unpunished. It also prays for issuing directions to the state government so that such incidents do not happen again. The PIL further seeks complete enforcement of the previous High Court order about complete ban of private practice by government doctors. (ANI)
One more child dies in Gorakhpur
One more child died in Baba Raghav Das Medical College hospital here today, apparently due to encephalitis, raising to 72 the number of deaths in the hospital since August 7.
PIL on Gorakhpur tragedy to be heard today
Lucknow bench of Allahabad High Court will today hear the Public Interest Litigation (PIL) in regard with the Gorakhpur tragedy in which at least 30 kids died in 48 hours at Baba Raghav Das (BRD) Medical College's Nehru Hospital on August 10 and 11.Activist and advocate Dr Nutan Thakur said that PIL will be heard before the bench of Justice Vikram Nath and Justice Daya Shankar Tiwari.Thakur further said the PIL asserts that the State government and its agencies have been trying to defend the entire incident by negating the facts emerging in media about deaths taking place due to oxygen failure, which gives a message that they are trying to hide facts and shield certain guilty persons.The PIL seeks judicial enquiry in the matter so that the true facts emerge and guilty do not remain unpunished.The PIL also prays for issuing directions to the State government so that such incidents do not happen again.The PIL further seeks complete enforcement of previous High Court order about complete
PIL on Gorakhpur tragedy to be heard today
Lucknow bench of Allahabad High Court will today hear the Public Interest Litigation (PIL) in regard with the Gorakhpur tragedy in which at least 30 kids died in 48 hours at Baba Raghav Das (BRD) Medical College's Nehru Hospital on August 10 and 11.
MSN India, Business Standard, DNA,
  

Jaitley asks states to reduce VAT on petroleum products

Prokerala 1 hour 36 minutes ago

Finance Minister Arun Jaitley on Friday urged states to reduce VAT on petroleum products due to concerns regarding the rise in input costs due to the transition to GST regime."The letter by Finance...
Jaitley urges CM's to reduce burden of VAT on petroleum products used for manufacturing
Union Minister Arun Jaitley in a letter to the State Chief Ministers, Finance Ministers written earlier today highlighted the concerns raised by the manufacturing sector in the country regarding the rise in input costs of petroleum products.
Jaitley asks states to reduce VAT on certain petro products
Finance Minister Arun Jaitley has written to states asking them to reduce Value Added Tax (VAT) on petroleum products that are out of Goods and Services Tax (GST) but are used in manufacturing goods that attract GST. In the letter to chief ministers of states, the finance minister highlighted concerns being raised by the manufacturing sector on the rise in input costs of petroleum products on account of transition to GST regime. "In the pre-GST regime, because the petroleum products as well as the final goods produced both attracted VAT, input tax credit of petroleum products being used as inputs by manufacturers was allowed to varying extent by different states," the letter said. However, in the post-GST scenario, the manufactured goods attract GST while the inputs of petroleum products used in the manufacturing attract VAT and, therefore, it would lead to cascading of taxes. Certain states had lowered rate of VAT to 5% on compressed natural gas used for manufacturing of goods. Some states also had lower rate of VAT on diesel being used for manufacturing sector. "Thus Mr Arun Jaitley has requested other states also to explore the possibility of having a lower rate of VAT on petroleum products used for manufacturing of those items on which there is GST, so that there is minimum disruption in the costing of goods," the letter said. Crude oil, petrol, diesel, natural gas and aviation turbine fuel have been kept out of GST. But crude oil and natural gas is also used in manufacturing certain items. While natural gas is used for manufacturing fertilizer and petrochemicals among others, crude oil is used for making kerosene, cooking gas (LPG) and certain fuels used by industry.
Jaitley asks states to cut VAT on natural gas, other fuels kept out of GST
Crude oil, petrol, diesel, natural gas and jet fuel (ATF) have been kept out of GST
Jaitley asks states to reduce VAT on petroleum products
New Delhi : Finance Minister Arun Jaitley on Friday urged states to reduce VAT on petroleum products due to concerns regarding the rise in input costs due to the transition to GST regime. "The letter by Finance Minister to Chief Ministers highlights the concern being raised by the manufacturing sector," the Finance Ministry said in a statement. The industry had flagged concerns on increase in the cost of petroleum products, used as inputs for manufacture of goods, due to cascading of taxes. In the pre-GST regime, because the petroleum products as well as the final goods produced both attracted VAT, input tax credit of petroleum products was allowed to varying extent by different states. However, in the post-GST scenario, the manufactured goods attract GST while the inputs of petroleum products used in the manufacture attract VAT and, therefore, it would lead to cascading of taxes. In view of this, in the pre-Goods and Services Tax regime certain states had lower rate of 5 per cent VAT on Compressed Natural Gas (CNG) used for manufacturing of goods. Some states also had lower rate of VAT on diesel used by manufacturing sector. "Thus, Jaitley has requested other states also to explore the possibility of having a lower rate of VAT on petroleum products used for manufacturing of those items on which there is GST, so that there is minimum disruption in the costing of goods," it said. Full Coverage: GST
Finance Minister Sh Arun Jaitley writes to State Chief Ministers to reduce burden of Value Added Tax on Petroleum Products used for manufacturing
The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST).
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Starc out, Faulkner and Christian in for India series

ESPN 4 hours 14 minutes ago

Also, Tim Paine was preferred as wicketkeeper in the T20 side ahead of Matthew Wade for the tour that will run from September 17 to October 13
Cricket: Australia spearhead Mitchell Starc to miss India white-ball tour
MELBOURNE (Reuters) - Australia's pace spearhead Mitchell Starc will miss the limited-overs tour of India starting next month as he continues his recovery from a foot injury.
Starc ruled out, Faulkner back for Australia's tour of India
Australia will play India in five one-day internationals and three Twenty20 matches but Starc's injury was taking longer to heal than expected and he would be rested to boost his chances of playing England in the Ashes series.
Australia spearhead Mitchell Starc to miss India white-ball tour
Australia's pace spearhead Mitchell Starc will miss the limited-overs tour of India starting next month as he continues his recovery from a foot injury. Australia will play India in five one-day internationals and three Twenty20 matches but Starc's injury was taking longer to heal than expected and he would be rested to boost his chances of playing England in the Ashes series, the team said on Friday. "We have recently reviewed the progress of Mitchell's right foot injury and the healing process has been slower than we would have liked," team physio David Beakley said in a statement. "Consequently, in order to ensure his best possible preparation for the Ashes, he will be unavailable for the tour of India and will continue his rehab in Australia with an aim to have him play for New South Wales in the domestic one-day cup." Fast bowling all-rounder James Faulkner, who was overlooked for the Champions Trophy and missed out on a national contract, has instead been recalled, along with Nathan Coulter-Nile. They join a pace battery featuring Josh Hazlewood and Pat Cummins, with all-rounder Hilton Cartwright. Uncapped Western Australia paceman Jason Behrendorff has been selected in Australia's T20 squad following his return from an injury setback, along with veteran all-rounder Dan Christian and Tasmania wicketkeeper Tim Paine. The limited-overs tour starts Sept. 17. One-day squad: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Nathan Coulter-Nile, Pat Cummins, James Faulkner, Aaron Finch, Josh Hazlewood, Travis Head, Glenn Maxwell, Marcus Stoinis, Matthew Wade, Adam Zampa. T20 squad: Steve Smith (captain), David Warner, Jason Behrendorff, Dan Christian, Nathan Coulter-Nile, Patrick Cummins, Aaron Finch, Travis Head, Moises Henriques, Glenn Maxwell, Tim Paine, Kane Richardson, Adam Zampa. Stay updated on the go with Sify Live Scores App. Click here to download it for your device
Australian pace spearhead Mitchell Starc ruled out of India limited-overs tour
Australia's pace spearhead Mitchell Starc will miss the limited-overs tour of India starting next month as he continues his recovery from a foot injury. Australia will play India in five one-day internationals and three Twenty20 matches but Starc's injury was taking longer to heal than expected and he would be rested to boost his chances of playing England in the Ashes series, the team said on Friday. "We have recently reviewed the progress of Mitchell's right foot injury and the healing process has been slower than we would have liked," team physio David Beakley said in a statement. "Consequently, in order to ensure his best possible preparation for the Ashes, he will be unavailable for the tour of India and will continue his rehab in Australia with an aim to have him play for New South Wales in the domestic one-day cup." Fast bowling all-rounder James Faulkner, who was overlooked for the Champions Trophy and missed out on a national contract, has instead been recalled, along with Nathan Coulter-Nile. They join a pace battery featuring Josh Hazlewood and Pat Cummins, with all-rounder Hilton Cartwright. Uncapped Western Australia paceman Jason Behrendorff has been selected in Australia's T20 squad following his return from an injury setback, along with veteran all-rounder Dan Christian and Tasmania wicketkeeper Tim Paine. The limited-overs tour starts September 17. Australia's squad ODI: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Nathan Coulter-Nile, Pat Cummins, James Faulkner, Aaron Finch, Josh Hazlewood, Travis Head, Glenn Maxwell, Marcus Stoinis, Matthew Wade, Adam Zampa. T20: Steve Smith (captain), David Warner, Jason Behrendorff, Dan Christian, Nathan Coulter-Nile, Patrick Cummins, Aaron Finch, Travis Head, Moises Henriques, Glenn Maxwell, Tim Paine, Kane Richardson, Adam Zampa. Report Cricket Sports Reuters Cricket Mitchell Starc Australia India v/s Australia ODI T20 Limited-Overs Internationals Steve Smith David Warner Glenn Maxwell Aaron Finch Adam Zampa Josh Hazlewood Matthew Wade Pat Cummins Fri, 18 Aug 2017-12:06pm Date updated: Friday, 18 August 2017 - 11:52am Article Images: Mitchell Starc Getty Images File Photo Short URL: dnai.in/2 Embargo: Syndicate: Hide lead image: Page views: 31 Related Articles: India v/s Sri Lanka: MS Dhoni shows solid intent, faces specialist bowlers in practice ahead of ODIs Revealed! Real reason why Yuvraj Singh and Suresh Raina were excluded from Indian ODI side ICC Under-19 World Cup 2018: India to begin campaign against Australia From Print Edition:
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BJP backs Amma's death probe

Zee News 10 hours 36 minutes ago

The Bharatiya Janata Party (BJP) has lent their support for the probe into the death of former Tamil Nadu Chief Minister J Jayalalithaa.
Probe needed due to secrecy around Jayalalithaa's treatment, says BJP
Tamil Nadu Chief Minister E Palaniswami has ordered a judicial probe into the Jayalalithaa's death
BJP backs probe into Jayalalithaa's death
The Bharatiya Janata Party (BJP) on Friday backed probe into the death of former Tamil Nadu Chief Minister J Jayalalithaa.
BJP mocks TN Commission over Jayalalithaa's death
New Delhi: Mocking the Tamil Nadu Commission for constituting probe on former chief minister J. Jayalalithaa death, the Bharatiya Janata Party (BJP) on Thursday stated that there should be prima facie or evidence, on basis of which, the probe can take place. Speaking to ANI, saffron party leader Subramanian Swamy said, "At who's expense -- is it the tax payers' expense? No problem, they can have one more. But the matter of fact is that there should be some prima facie and evidence for which the probe can take place. According to that all necessary action can be taken". Further speaking on the probe, Swamy stated that investigation should be done as nobody has anything to hide or save. "We accepted the prestigious Apollo Hospital's report, wherein all foreign specialist and members and categorically stated that she had a natural death. Then why probe and other evidence to be put forward. This move is a politically motivated one. Investigation should be done as nobody has anything to hide or save," he said. Earlier in the day, Tamil Nadu Chief Minister E. Palaniswami ordered a judicial probe into the death of former chief minister J. Jayalalithaa. Palaniswami stated that the probe into Jaya's death had been one of the key demands of the O. Panneerselvam faction of the All India Anna Dravida Munnetra Kazhagam (AIADMK) for its planned merger with the EPS grouping. Palaniswami said, "Commission will be constituted under a retired judge to probe death of Amma (J. Jayalalithaa). The Chief Minister also announced that Poes Garden residence of Jayalalithaa, Veda Nilayam, will be turned into a museum. "Her (Jayalalithaa) Poes Garden residence in Chennai will be made into a memorial," said Palaniswami said. Jayalalithaa led the AIADMK till she died in December after months in hospital. Sasikala, in February, decided she should become Chief Minister herself. But her plans collapsed when she was convicted by the Supreme Court for corruption and sentenced to jail for four years.
Endgame near for Sasikala, Dinakaran as Palaniswami orders judicial probe into Jayalalithaa death
With an announcement on the merger of the two warring camps--led by Palaniswami and Panneerselvam respectively--expected anytime now, Dinakaran and Sasikala could be formally ousted from the AIADMK.
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India welcomes US move against Hizbul

Prokerala 4 hours 14 minutes ago

India on Friday welcomed the designation by the US of the Hizbul Mujahideen as a foreign terrorist organisation."We welcome the designation of Hizbul Mujahideen that has been responsible for...
US' move to blacklist Hizbul Mujahideen is unjustified: Pak
According to Pak, the US decision didn't take into account 70-yr struggle of Kashmiris
US' decision to declare Hizbul a terror organisation unjustified, says 'disappointed' Pak; India welcomes the move
Pakistan today said that it was "disappointed" with the US decision to designate the Kashmiri militant outfit Hizbul Mujahideen as a foreign terrorist organisation and termed the move as "completely unjustified." The US yesterday designated the Hizbul Mujahideen as a foreign terrorist group, nearly two months after declaring its Pakistan-based chief Syed Salahuddin as a global terrorist. "The designation of individuals or groups supporting the Kashmiri right to self-determination as terrorists is completely unjustified," Foreign Office Spokesperson Nafees Zakaria said during his weekly press conference here. He said the US decision did not take into account "the 70-year struggle of Kashmiris." "We are disappointed (with the US decision) in view of the fact that Kashmir is an internationally recognized dispute with UNSC resolutions pending implementation," he said. He reiterated Pakistan's "moral, diplomatic and political support to Kashmiri people's struggle". Formed in 1989, Hizbul Mujahideen is one of the largest and oldest terrorist groups operating in Kashmir. Asked whether Pakistan would take up the matter with the US, Zakaria said, "Whenever a meeting between the two sides is held, we table all concerns." He also said that Prime Minister Narendra Modi's "neither bullet nor abuse" comments validates Pakistan's stance that the "only solution of Kashmir is through fair and free plebiscite." He also urged India to allow a UN fact-finding mission to probe into alleged human rights abuses in Kashmir Meanwhile, India welcomed the US decision to designate Kashmiri militant outfit Hizbul Mujahideen as a "foreign terrorist organisation", saying the move was "long overdue". The decision to designate Hizbul Mujahideen as a foreign terrorist organisation was long overdue, a Home Ministry spokesperson said, adding "it is well deserved". Report India PTI India Pakistan United States Jammu And Kashmir Jammu & Kashmir (J&K) Hizbul Mujahdeen (HM) Narendra Modi Syed Salahuddin Thu, 17 Aug 2017-08:45pm Date updated: Thursday, 17 August 2017 - 8:45pm Article Images: A file photo of Syed Salahuddin, supreme commander of Hizbul Mujahideen, waves to supporters as he arrives to speak at a rally in Muzaffarabad, Pakistan. Salahuddin had been declared a global terrorist when PM Modi visited the United States; on Wednesday, the US declared Hizbul a terror unit Reuters Short URL: dnai.in/2 Embargo: Syndicate: Hide lead image: Page views: 48 From Print Edition:
US move to blacklist Hizbul Mujahideen 'unjustified', says Pak
Pakistan today said that it was "disappointed" with the US decision to designate the Kashmiri militant outfit Hizbul Mujahideen as a foreign terrorist organisation and termed the move as "completely unjustified." The US yesterday designated the Hizbul Mujahideen as a foreign terrorist group, nearly two months after declaring its Pakistan-based chief Syed Salahuddin as a global terrorist. "The designation of individuals or groups supporting the Kashmiri right to self-determination as terrorists is completely unjustified," Foreign Office Spokesperson Nafees Zakaria said during his weekly press conference here. He said the US decision did not take into account "the 70-year struggle of Kashmiris." "We are disappointed (with the US decision) in view of the fact that Kashmir is an internationally recognized dispute with UNSC resolutions pending implementation," he said. He reiterated Pakistans "moral, diplomatic and political support to Kashmiri peoples struggle". Formed in 1989, Hizbul Mujahideen is one of the largest and oldest militant groups operating in Kashmir. Hizbul Mujahideen has claimed responsibility for several attacks in Jammu and Kashmir. Asked whether Pakistan would take up the matter with the US, Zakaria said, "whenever meeting between the two sides is held, we table all concerns from our side." He also said that Prime Minister Narendra Modis "neither bullet nor abuse" comments validates Pakistans stance that the "only solution of Kashmir is through fair and free plebiscite." He also urged India to allow a UN fact-finding mission to probe into alleged human rights abuses in Kashmir.
Pakistan: US decision designating Hizbul Mujahideen a terrorist group unjustifiable
After declaring HM chief Syed Salahuddin a Specially Designated Global Terrorist (SDGT) in June, the US has now proscribed his group as well
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IndiGo denies massive cancellation of flight operations

Prokerala 1 hour 36 minutes ago

Budget passenger carrier IndiGo on Friday said it has not cancelled any daily flights or grounded any of its new Airbus A320neo aircraft.The airline's asserted that its pre-scheduled operations are...
IndiGo grounds 13 planes, cancels 80 flights after engine issues
The country's biggest airline, IndiGo, has said that it has grounded 8 planes in a planned move and that "The affected passengers have already been accommodated with suitable options."
IndiGo denies canceling flights due to engine failure, says grounding of Airbus A320 Neo planes was scheduled in June
The Inter-Globe Aviation-run budget carrier IndiGo airlines on Friday refuted the media reports claiming the airline had to cancel 84 flights due to engine failure in its Airbus A320 NEO aircraft The post IndiGo denies canceling flights due to engine failure, says grounding of Airbus A320 Neo planes was scheduled in June appeared first on Firstpost .
IndiGo airlines denies reports of cancellation of flights
[India], August 18 (ANI): The IndiGo airlines on Friday denied the reports of cancellation of their flights and said that there is misleading information being spread by a section of media. "There is misleading information being spread by a section of media on IndiGo's flight cancellations," IndiGo said in its statement. They further clarified that eight NEOs of IndiGo are grounded. "Our schedule had already been planned in the month of June on the non-availability of the aircraft for the month of July, August and September. No new flight cancellations have been made. The affected passengers have already been accommodated with suitable options," the statement read. Earlier in the day, reports surfaced that the airline had cancelled approximately 80 flights as the airline grounded more airbus A320 NEO planes due to engine issues. Reportedly, a total of 667 flights were cancelled by the IndiGo airlines between June 21 and July 3 this year, with 61 flights cancelled on June 27 alone, due to the grounding of these planes. (ANI)
IndiGo airlines denies reports of cancellation of flights; says misleading information being spread
The IndiGo airlines on Friday rejected the reports of flight cancellation saying, there is misleading information being spread by a section of media.
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