Yes Bank promotes three executives as whole-time directors

Yes Bank promotes three executives as whole-time directorsPrivate sector lender Yes Bank on Friday confirmed the elevation of its three top executives as whole-time directors, even as the controversy over the nomination of the bank's co-founder Ashok Gogia's appointment as a member of the board remains unresolved.

At its meeting held on Thursday, June 27, the board of directors approved the elevation of executive director & CFO Rajat Monga, wholesale banking executive director Sanjay Palve and branch & retail banking executive director Pralay Mondal to the positions of whole-time directors.

RIL, ONGC, Oil India shares rally after govt. approves gas price hike

RIL, ONGC, Oil India shares rally after govt. approves gas price hikeShares of energy companies like Reliance Industries Ltd (RIL), ONGC and Oil India jumped on Friday, a day after the government announced a considerable increase in the price of natural gas.

The government on Thursday increased the price of natural gas from current price range of $3.5-5.73 per million metric British thermal units (mmBtu) to $8.4 per mmBtu.

The new price will take effect from 1st of April, 2014, for a period of five years.

Virbhadra meets PM, seeks Rs.1,000 crore calamity relief

Virbhadra-SinghNew Delhi, June 28 : Himachal Pradesh Chief Minister Virbhadra Singh Friday met Prime Minister Manmohan Singh here and sought a financial relief of Rs. 1,000 crore for relief and restoration work in the rain-ravaged areas of the state.

The chief minister said the loss to private and public property in the unprecedented rains has been estimated at Rs. 2,575 crore.

A total of 24 people have died in weather-related incidents, an official statement said.

Kinnaur was worst-affected district in June 16-18 heavy rains that triggered massive landslides, blocking many roads.

'The Heat' - lukewarm frothy potboiler

The-HeatFilm: "The Heat"; Cast: Sandra Bullock, Melissa McCarthy, Demian Bachir, Dan Bakkedahl, Bill Burr, Jane Curtin, Taran Killam, Michael McDonald, Joey McIntyre and Michael Rappaport, Director: Paul Feig; Rating: **

This one is a vodka shot! You gulp it down in one go and you wait to realise that it has hit your funny bone.

Conventionally speaking, the buddy cop movie is the domain of men. The formula here is nothing new. You have seen it many times before, but the pairing of Sandra Bullock and Melissa McCarthy is what makes you warm up to "The Heat".

Indian Badminton League players auction on July 19

Indian-Badminton-League-2013New Delhi, June 28 : The $1 million Indian Badminton League (IBL) scheduled Aug 14-31, will hold its players' auction here on July 19.

More than 150 players are expected to go under the hammer at the auction for 66 slots for the six teams: Hyderabad HotShots (Hyderabad), Karnataka Kings (Bangalore), Lucknow Warriors (Lucknow), Mumbai Masters (Mumbai), Pune Vijetas (Pune) and Rajdhani Smashers (Delhi). Each franchise can feature 11 players, with a maximum of four foreign shuttlers and one Under-19 player from their catchment area.

Hindustan Motors to roll out Isuzu trucks, SUVs

Hindustan-MotorsChennai, June 28 : Kolkata-based Hindustan Motors Ltd (HML) said Friday it will contract manufacture sports utility vehicles (SUV) at its Thiruvallur plant near here for Isuzu Motors India Private Ltd.

In a statement issued here, Hindustan Motors said it has signed a contract manufacturing agreement with Isuzu Motors India, a subsidiary of Japan's Isuzu Motors to roll out SUVs and pickup trucks.

"The components for producing these vehicles will be imported by Isuzu Motors from Thailand and assembled in HML's factory," the statement said.

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