Indian Stock Market Outlook after Karnataka Election Results by Epic Research

Indian Stock Market Outlook after Karnataka Election Results by Epic Research

Indian stock markets witnessed volatile session on Tuesday as the election results pointed towards hung assembly in Karnataka. Markets were trading strong during the morning session as BJP maintained lead against its opponents. However, the market slipped as chances of BJP government in the state reduced due to post-poll alliance between Congress and JDS.

Just wanted to know why my name was not recommended: Saina

Saina NehwalBangalore, Jan 5 : Badminton ace Saina Nehwal on Monday denied media reports that she was demanding a Padma Bhushan, saying her intent was to merely know why her name was missing from the nomination list for the prestigious award.

"I don't know why it has been shown [in the media] that I demanded the award. Who am I to demand an award? I just wanted to know why my name was not recommended for the Padma Bhushan," Nehwal told mediapersons here.

The Olympic bronze medallist also expressed distress over speculations that she was angry that wrestler Sushil Kumar's name was on the list of nominations.

GSAT-16 launch deferred for second time due to bad weather

Bengaluru - Hit by inclement weather, the launch of India's latest communication satellite GSAT-16 was deferred for the second time after it was rescheduled to be put into space in the early hours tomorrow by Ariane 5 rocket from the space port of Kourou in French Guiana.

After the satellite launch originally scheduled for today was put off, Indian Space Research Organisation had announced that the lift-off would be at 02.09 AM (IST) on Saturday but within hours said it had been postponed again, citing the inclement weather at the launch base.

DA case: Jayalalithaa walks out of Bangalore Central Jail

J JayalalithaBangalore, Oct 18 : Former Tamil Nadu chief minister and AIADMK supremo J Jayalalithaa was released from the Bangalore Central Jail on Saturday a day after the Supreme Court granted her interim bail on medical grounds in the disproportionate assets case.

Meanwhile, the AIADMK supporters erupted in joy as soon as the AIADMK chief walked out of the Bangalore Central Jail amid tight security arrangements. She was received by top AIADMK leaders including Chief Minister O. Panneerselvam.

RBI seen holding rates until Q2 2015, then ease

RBIBangalore - The Reserve Bank of India will probably wait until the second quarter of next year to loosen policy as it wants to cool inflation before trying to spur growth, a Reuters poll found ahead of a policy review meeting next week.

All but three of 46 economists surveyed over the past week said the bank would leave its key repo rate unchanged at 8.0 percent when it meets on Sept. 30.

The survey showed that the RBI is also unlikely to alter either the statutory liquidity ratio (SLR), setting banks` minimum bond holding requirements, or the cash reserve ratio (CRR) that sets the percentage of depositors` balances that banks must keep with the central bank.

ISRO scientists revel in Mangalyaan's glory

ISRO-MangalyaanBangalore, Sept 24 : The successful Orbit Insertion Maneuver of Mangalyaan earned praise and brought relief and delight for the scientists at Indian Space Research Organisation (ISRO).

The scientists are thrilled with pride after Mangalyaan's 300-day marathon covering over 670 million kilometers finally resulted in a national milestone.

"We are feeling out of this world. Everything was autonomous so we were just monitoring the space craft. The Prime Minister's speech was very inspiring," a scientist told ANI here.

Meanwhile, another scientist at ISRO described the past Mars Orbiter Mission's journey as emotional and encouraging.

Davis Cup: Somdev Devvarman records heroic win but India hopes hanging by thread

Somdev DevvarmanBangalore : Somdev Devvarman fought like a true warrior to lock the tie with his stunning victory in the fourth rubber while Yuki Bhambri was locked in an engrossing battle in the decider, halted by rain mid-way, as India's hopes were still hanging by thread in the David Cup World Group play-off tie against Serbia, here Sunday.

Somdev, who has endured a tough season coming into this tie, carved out a heroic 1-6 6-4 4-6 6-4 6-3 win over world number 61 Dusan Lajovic to bring the tie to level terms.

Davis Cup : We have 50-50 chance in doubles rubber, says Somdev

Somdev DevvarmanBangalore : Somdev Devvarman on Friday said they have 50-50 chance of winning tomorrow's doubles rubber to put India on board after the hosts came a cropper in both the singles ties on the opening day of the Davis Cup World Group play-off tie against Serbia here.

With veteran Leander Paes and Rohan Bopanna pairing up for the must-win doubles encounter, Somdev said everything now depends upon tomorrow's match.

"The doubles may be 50-50, but we have really two good players (Paes and Bopanna). We feel like we have a chance, you know," he told reporters after India lost the opening two singles matches to trail 0-2 in tie.

Robin Uthappa attracts highest bid of Rs 5.30 lakh in KPL auction

Robin Uthappa attracts highest bid of Rs 5.30 lakh in KPL auctionBangalore - Hard-hitting batsman Robin Uthappa attracted the highest bid at Karbonn Wadiyar Karnataka Premier League (KPL) players' auction with Bellary Tuskers clinching his services for Rs 5.30 lakh here on Sunday.

Karnataka speedster Abhimanyu Mithun drew the second highest bid as he went for Rs 5 lakh to Bijapur Bulls.

The third highest bid of Rs 4 lakh was for Bharath Chipli and Belagavi Panthers was successful in roping him into their team.

BJP says SC decision on tainted minister according to idea propounded by PM Modi

Shahnawaz-HussainBangalore, Aug 27 : The Bharatiya Janata Party (BJP) on Wednesday appeared to pat itself over the Supreme Court's verdict that people against whom criminal and corruption charges have been framed be not inducted as ministers.

He said that the apex court was taking an idea put forward by Prime Minister Narendra Modi.

BCCI: Ravi Shastri appointed to ensure players get their energy back

Ravi-ShastriBangalore, Aug 19 : Board of Control for Cricket in India (BCCI) Secretary Sanjay Patel said Tuesday that former India captain Ravi Shastri has been appointed as the director of the national cricket team to ensure that players get their energy back between games.

"The BCCI has talked over it for the past two weeks. The entire situation was considered and the opinion of experts was also taken. In the end, we decided that Ravi Shastri is the right person to lead the team and manage the team in such a way that the Indian players should get their energy back and they should be back in the game," said Patel.

Mars orbiter has to travel only 88 million km for tryst with red planet

Mars-orbiterBangalore: India's Mars orbiter spacecraft has to travel only 88 million km as part of its total journey of 680 million km for its rendezvous with the red planet scheduled for September 24.

On its 300-day voyage in deep space, Mars Orbiter Mission has to travel only 88 million km more in its heliocentric trajectory to reach Mars, Bangalore headquartered Indian Space Research Organisation said.

It now takes 20 minutes for radio signals to reach MOM and return, ISRO said in a post on its Mars Orbiter Mission Facebook page.

Antenna ready for India's Mars Orbit Insertion: ISRO

Antenna ready for India's Mars Orbit Insertion: ISROBangalore : India's Mars Orbiter Mission's antenna is ready for the Mars Orbit Insertion with only 14 per cent of its journey to the red planet left to be covered.

MOM successfully completed the characterisation of its Medium Gain Antenna, which will be used for communicating with earth during the critical Mars Orbit Insertion
(MOI), ISRO said in a post on its Mars Orbiter Mission Facebook page.

Wipro's Q1 profit up 29.6 percent

Wipro's Q1 profit up 29.6 percentBangalore, July 25 : India's third-biggest IT services exporter, Wipro Limited , posted fiscal first-quarter profit up 29.6 percent and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.

Bangalore-based Wipro, which inked a 10-year deal to manage IT outsourcing of Canadian energy and utilities firm Atco, said it expected IT services sales in this quarter to grow between 1.7 and 4 percent from the quarter ended June.

AAI to set up new facilities at Mangalore airport by Nov

AAI to set up new facilities at Mangalore airport by NovMangalore: The Airports Authority of India (AAI) will provide all air traffic services at Mangalore International Airport from a new building from November this year, airport Director J T Radhakrishna said today.

The new air traffic services complex includes a new air traffic control (ATC) tower built at an estimated cost of Rs. 20 crore, he said in a release here.

Premji seeks clearance for SEZ project from Karnataka govt

Azim-PremjiBangalore: Wipro on Tuesday sought speeding up of departmental clearances, including those relating to environment and forest, as part of setting up of Kodathi SEZ project here.

"Azim Premji, Wipro Chairman, met me and requested the government to expedite departmental clearances, including environment, forest and BDA (Bangalore Development Authority) at the earliest to set up SEZ at Kodathi on the outskirts of the city," Karnataka Chief Minister Siddaramaiah said.

Replying to a query, Siddaramaiah said Premji did not talk about the investment to be made in the project but said the SEZ would create 25,000 jobs in the first phase.

Infosys diluted focus on meritocracy, accountability: Narayana Murthy

N-R-Narayana-MurthyBangalore: As he signed off his second innings at Infosys, industry icon N R Narayana Murthy on Saturday said the nation's second largest IT services firm Infosys had "diluted focus on meritocracy and accountability" in the past decade, forcing him to take "hard and tough decisions."

Infosys names Vishal Sikka CEO; Murthy and son to step down this week

Infosys names Vishal Sikka CEO; Murthy and son to step down this weekBangalore - Hit by several top-level exits, Infosys on Thursday undertook a major shake-up bringing in for the first time an outsider, Vishal Sikka, as CEO and announcing that mentor N R Narayana Murthy and his son Rohan will step down four years ahead of their tenure.

Sikka, 47, who was previously executive board member of German IT firm SAP, will replace S D Shibulal, one of the seven engineers who founded Infosys in 1981, from August 1, Infosys said in a statement.

Wipro gets Golden Peacock Award 2014

WiproBangalore: IT major wipro on Monday announced it has been recognised with the prestigious Golden Peacock Award 2014, in the category of 'Innovative Product/Service' for Wipro's 'Assure Health' solution in India.

Wipro Assure Health is a disruptive healthcare delivery solution that enables affordable patient centric healthcare through non-invasive wearable sensor, advanced mobility, cloud based analytics and evidence based decision support system, the company said on Monday.

Remote pregnancy monitoring and remote cardiac monitoring are initial two flavours of this innovative solution, it added.

IPL final scoreboard: Kings XI Punjab vs Kolkata Knight Riders

IPL final scoreboard: Kings XI Punjab vs Kolkata Knight RidersBangalore, June 2 - The following is the scoreboard in the Indian Premier League final between Kings XI Punjab and Kolkata Knight Riders at the Chinnaswamy Stadium here Sunday.

Kings XI Punjab:

Sehwag c Gambhir b UT Yadav 7

M Vohra c & b Chawla 67

GJ Bailey b Narine 1

WP Saha not out 115

GJ Maxwell c Morkel b Chawla 0

DA Miller not out 1

Extras (lb 4, w 3, nb 1) 8

Total (4 wickets; 20 overs) 199

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