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Paytm's Vijay Shekhar gifts himself Rs 82 crore bungalow in Lutyen's Delhi

The digital entrepreneur has already paid up the advance amount after signing the MoU for the sprawling 6,000 sq ft estate in the Lutyen's area where he plans to build his home, reported the Economic Times . He was also ranked 1567 with his net worth of United States dollars 1.3 billion in Forbes richest list in March this year. Sharma holds around 16% stake in Paytm after the company recently raised $1.4 billion from Japan's SoftBank at $7-billion valuation.

Business

Marathon Oil Corporation (NYSE:MRO), JPMorgan Chase & Co. (NYSE:JPM)

It was reported on Jun, 7 by Barchart.com . It is 0.00% or $0 reaching $12.88 per share. Now Marathon Oil Corporation's current price is $13.12 shy of the official highest sell-side analyst price target on Wall Street. First Interstate Fincl Bank holds 0.01% or 2,038 shares. Louisiana State Employees Retirement System has invested 0.05% in Marathon Oil Corporation (NYSE:MRO).

Business

OPEC agrees to extend oil production cuts

In December 2016, OPEC and non-OPEC members agreed to cut output by about 1.8 million barrels per day during the first half of 2017, which amounts to 2% of global production. On May 24, 2017, prices are near a one-month high due to the possible extension of the production cut deal . OPEC's national representatives and officials from its Vienna secretariat met on Wednesday and Thursday, sources said.

Business

Apple Inc. (AAPL) HomePod "Siri Speaker" Will Battle With Amazon's Echo

That would help combat the competitive threat from Google's and Amazon's connected speakers: the Home and Echo mostly don't support services from Apple . Over the course of three excruciatingly quiet minutes (there's no background music), a wholesome suburban family curiously inspects their latest cylindrical gadget, the Echo, and its robotic voice assistant, Alexa.

Business

North Korea a 'clear and present' threat, says US defence secretary

These partners include China, with Mattis saying that the Trump administration is encouraged by its " renewed commitment to work with the global community toward de-nuclearization, " adding that he believed China will eventually see North Korea as a strategic liability and not an asset given its propensity for inciting disharmony.

Business

PM Modi inaugurates Dhola-Sadiya bridge in Assam

The bridge has been constructed across the River Brahmaputra and connects Dhola with Sadiya in Upper Assam's Tinsukia district. The bridge will enhance connectivity and greatly reduce travel time between Assam and Arunachal Pradesh . Then soon Government at Centre changed and the work on the bridge kept on getting delayed", said the Prime Minister. Accordingly, the government readied the feasibility report.

Business

Piers Morgan grills London's Mayor over his obvious travel ban hypocrisy

Trump, in a series of tweets, lashed Khan's handling of the Saturday night terror attack, mocking the mayor for telling the public there was "no reason to be alarmed" over armed police on the streets. That's not me, that's not the London that I know. Khan has pushed back, calling Trump bigoted and saying that he doesn't need advice from the US President.

Business

Apple unveils "breakthrough home speaker" to rival Amazon and Google

Apple's products tend to follow a specific routine when it comes to naming. Apple's enviable profits are one of the most awesome aspects of the company. Siri can serve as a musicologist for music lovers as it can quick provide answers to questions like "Who is singing this song?" and "Who is playing the drums in this song?" In the smart speaker race, Amazon - Google Home perhaps less so - but the HomePod could be the missing part in Apple establishing HomeKit dominance in the ...

Business

North Korea rejects South Korea group's offer for anti-malaria help

The decision came after a high-profile probe into the Defense Ministry over what the presidential office said was the "intentional omission" of information regarding the arrival of four launchers in South Korea , from the new liberal administration.

Business

Factors to Note Before Buying Newfield Exploration Co. (NFX)

Proficio Capital Partners LLC expanded its investment by buying 236 shares an increase of 1,475.0% from 12/31/2016 to 03/31/2017. About 533,663 shares traded. Fjarde Ap accumulated 35,067 shares. Mylan N.V (NASDAQ:MYL) was reduced too. (NYSE:NSP) has a Shareholder Yield of 2.77% and a Shareholder Yield (Mebane Faber) of 0.03047.

Business

Morse Asset Management Inc Acquires New Position in Applied Materials, Inc. (AMAT)

Applied Materials, Inc . (NASDAQ:AMAT) has risen 121.40% since June 7, 2016 and is uptrending. It has outperformed by 104.70% the S&P500. Stonehill Capital Management Llc decreased its stake in Yahoo! The institutional investor purchased 41,550 shares of the manufacturing equipment provider's stock, valued at approximately $1,616,000.

Business

Trump throws ties with key ally Qatar into crisis

The US relies heavily on Al-Udeid Air Base in Qatar to orchestrate air attacks in Iraq , Syria and Afghanistan. The dispute comes less than a month after Trump visited Saudi Arabia and called for Muslim nations to unite against "extremism".

Business

UAE threatens prison, fines for Qatar support

Trump's comments put the Pentagon in a tough spot and it praised Qatar for a hosting an important usa air base, and for its "enduring commitment to regional security". He said "it's important for France to remain in partnership with all these countries", especially with diplomatic, financial and economic interests at stake.

Business

US embassy in London directly contradicts Trump's Twitter attack on London's mayor

The comments were taken out of context - the Mayor was referring to the increased police presence on the streets of London, not the attacks themselves that left seven dead and injured 48. Khan's staff said he was too busy to respond to Trump's tweets. "And there are many things about which Donald Trump is wrong". And he took an opportunity to defend his own resistance to gun control in the United States, saying: "Do you notice we are not having a gun debate right now? That's because they ...

Business

Internet extremism and how to combat it

The London attack is the third to strike the U.K.in the last three months. "That means we do not allow groups or people that engage in terrorist activity, or posts that express support for terrorism", Milner wrote in a statement Sunday, according to reports .

Business

Prognosis poor for GOP health care plan

The report said , "States that previously mandated fewer benefits would be more likely to apply for a waiver" to allow insurers to drop such now mandated benefits if the Republican bill becomes law. Senate Budget Chairman Mike Enzi (R-Wyoming) told Politico that enough decisions have been made "in some areas" of policy to start writing the bill.

Business

(XOM) Rating Increased to Buy at Scotiabank

Brant Point Inv Mgmt Limited Liability holds 0.56% of its portfolio in INC Research Holdings Inc (NASDAQ:INCR) for 109,452 shares. The North American Management Corp holds 65,049 shares with $5.87 million value, down from 68,867 last quarter.

Business

Amazon Prime debuts discount for anyone on government benefits - FOX10 News

People who have a valid Electronic Benefits Transfer card, used for programs such as the Supplemental Nutrition Assistance Programs, or food stamps, will pay $5.99 per month for the Amazon Prime benefits like free shipping and unlimited streaming of movies and TV shows.

Business

Nolito: Manchester is so cold my daughter's face changed

Nolito has struggled to adjust to his new surroundings and even admits the Manchester weather has had a detrimental effect on his family. "I have learnt very, very little English - it's very hard". "Now I will do everything possible to make Spain's World Cup squad". They're talking Tiger, their best coaches and how top players blagged their way through the dressing room, before Stephen tries his hand at our Chipping Challenge.

Business

World economy seen picking up political uncertainty a risk

In 2016, the global economy grew 3 percent. The improvement would also not be enough to satisfy people's expectations for better standards of living and reduce growing income inequality, he said. These latest growth figures are lower than the 4.4 percent forecast by the Turkish government. Lifted by improving worldwide trade in Asia and fiscal stimulus, Japanese growth was seen at 1.4 percent this year before slowing to 1.0 percent next year, both slightly raised from the OECD's March ...

Business

Two Australians confirmed dead in London Bridge terror attack

An "outgoing, kind, and generous" nurse who worked at a hospital in London was confirmed as the third victim of Saturday night's devastating terrorist attack. "Australians form an important and vibrant part of the fabric of life in London , and we are reminded of that in good times and bad", he said in Sydney on Wednesday.

Business

Revenue Estimates Analysis Of Barrick Gold Corporation (ABX)

Bruce Kovner increased its stake in Barrick Gold Corp (ABX) by 104.69% based on its latest 2016Q4 regulatory filing with the SEC. Usca Ria LLC now owns 24,389 shares of the basic materials company's stock worth $463,000 after buying an additional 228 shares in the last quarter.

Business

Earnings Analysis Of NVIDIA Corporation (NVDA)

It has outperformed by 195.58% the S&P500. The sale was disclosed in a filing with the SEC, which is available through this hyperlink . Winfield Assoc Incorporated holds 110 shares or 0.01% of its portfolio. (NASDAQ:NEO) for 26,870 shares. Exxon Mobil Corp (NYSE:XOM) was reduced too. Therefore 51% are positive. Wall Street analysts are predicting that Nvidia Corporation (NASDAQ:NVDA) will report earnings per share of $0.69 in their quarterly report.

Business

(KGC) Upgraded at Bank of America Corp

Bank of New York Mellon Corp cut its position in shares of Kinross Gold Co. Several institutional investors have recently bought and sold shares of KGC. COPYRIGHT VIOLATION WARNING: This article was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this news story on another website, it was stolen and republished in violation of USA and global trademark & copyright legislation.

Business

Were Analysts Bullish IP Group Plc (LON:IPO) This Week?

Aqr Capital Mngmt has 0.01% invested in INC Research Holdings Inc (NASDAQ:INCR). Following an update released by analysts at Deutsche Bank on Tuesday the broker has now set a "Hold" rating on shares of United Utilities Group (LON:UU) with a price target of 1050.

Business

Draymond Green: 'Going over the edge' won't win me a championship

Warriors coach Steve Kerr walked into the press interview room a little less than two hours before tipooff of Game 2 of the NBA Finals. Through two games of the 2017 Finals, the occasionally volatile Green has kept his composure so f. "There is a lot of work for us left to do". "We can do better job of getting him going early". What was so discouraging for the Cavs is that they played better in Game 2 but the result didn't really change.

Business

Moody's downgrades China's credit rating to A1 from Aa3

Moody's cut mainland China's long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3 on Wednesday, the first downgrade since the 1989 Tiananmen Square protests. The report said that the China's combined government, household, and non-financial corporate debt would balloon further from 256% of the nation's GDP.

Business

Ex-NY mayor Mike Bloomberg leads mass coalition to support climate deal

For instance, he pointed to the number of mayors and actors representing the Mississippi River Valley, "the breadbasket" of America that runs through several Republican states , as evidence that local leaders understand climate change's economic impact better than most .

Business

Shore Capital Reaffirms "Hold" Rating for Greggs plc (GRG)

Pearson plc (PSON) traded down 0.28% during trading on Monday, reaching GBX 708.50. Spirit Aerosystems Hldgs Inc now has $6.80B valuation. Blackrock Mngmt Ltd Llc has 1,308 shares for 0% of their portfolio. Investors sentiment increased to 1.18 in 2016 Q4. Its down 0.14, from 0.98 in 2016Q3. Jolley Asset Management Llc, a North Carolina-based fund reported 23,000 shares.

Business

The Cisco Systems, Inc. (CSCO) Earns "Buy" Rating from Drexel Hamilton

Barclays Capital maintained Cisco Systems , Inc. 383.70 million shares or 2.52% more from 374.26 million shares in 2016Q3 were reported. Morgan Stanley upgraded Cisco Systems from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $33.45 to $39.00 in a research report on Monday, May 15th.

Business

Qatar's diplomatic crisis: Mediation efforts to end isolation failing

The BBC's Barbara Plett Usher in Washington said Qatar, Saudi Arabia and Kuwait have all funded extremists in Syria but pulled back under USA pressure, while Qatar, which likes to see itself as a neutral player and potential intermediary, has dealings that are arguably murkier than the others'.

Business

Former homeless shelter worker among London Bridge terror attack victims

Inquiries are ongoing to confirm the identity of their accomplice, police said . He is expected to survive. Eleven people remain in custody as police continue to search multiple residences in east London . She also defended cuts to police numbers, stating that the Metropolitan Police is "well resourced" and has "very powerful counter-terrorism capabilities".

Business

Encana Corp (ECA) Receives "Underperform" Rating from Scotiabank

The stock was purchased at an average price of $9.79 per share, for a total transaction of $9,790.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link . The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 15th will be given a $0.015 dividend.

Business

Mauritania breaks diplomatic ties with Qatar, Gabon voices condemnation

Again, this is Qataris speaking to worldwide media wondering whether this is possible at all". Saudi Arabia, Egypt, United Arab Emirates and Bahrain cut diplomatic relations with Qatar on Monday over alleged support for Islamists and Iran in a coordinated move.

Business

Saudi's Falih says more oil output cuts possible, will assess in July

Libya's production edged up from 210,000 to 760,000 barrels a day while Nigeria rose from 100,000 to 1.7 million after oil fields in both countries continued production seeing that domestic conflict has diminished. Oil prices are down some 9 percent since OPEC's May 25 decision to extend the cuts. Standard Chartered, however, said it expects global crude inventories will return to their five-year average by the end of the OPEC-led production cuts, with large drawdowns in the second half of ...


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