Daily Archives: March 21, 2019

End the Brexit ambiguity, Emmanuel Macron tells Britain

Europe offers UK more time to leave the bloc

Britain’s Theresa May accepted Brexit delay plan: EU’s Tusk

Two lakh in Zimbabwe hit by floods, cyclone: UN

Oracle lays off 100 employees in India as part of its restructuring

Sources told TOI that software developers, quality assurance and documentation professionals were impacted by the layoffs. “Some employees were asked to come for the meeting with their laptops, an indication that they would be asked to surrender their laptop and sign off,” said a source on condition of anonymity.

IL&FS arm misses payment due to lack of funds

The principal amount and interest due and payable on March 18, 2019 … was not paid to the debenture holders due to insufficient funds, the company said in a filing to stock exchanges.

MF exposure to NBFCs falls by Rs 45k cr in 7 mths

The overall exposure of debt MFs to NBFCs stood at Rs 2.2 lakh crore in February, a drop of Rs 45,386 crore since July 2018 when the liquidity stress first emerged. The share of NBFCs in allocations by debt MFs has reduced to 15.6% in February from 19% in July last year.

Blackstone to buy Siddhartha’s real estate firm

The tech park, Global Village, is a 4-million-sqft tenanted office space located on a 120-acre campus. It counts Accenture and Mphasis among its tenants, besides having the headquarters of embattled IT company Mindtree. Coffee baron Siddhartha, who sold his 20.4% stake in Mindtree to L&T last week, is selling the tech park Global Village, located off Mysore Road, to pare his ballooning debt. TOI first reported on the deal talks in its January 24 edition.

This is what Salman replied to Modi’s tweet

Ahead of the elections, Prime Minister Narendra Modi has been leaving no stone unturned to get people out of their homes and vote.

Celebs at Zoom Holi Fest 2019

Whole nation celebrated Holi today with all the enthusiasm and love. Social media has been flooded with wishes of Holi and our Bollywood celebs were no different.