News Live: Privilege notice against Rahul Gandhi for 'Jaitlie' tweet
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
#BREAKING -- BJP MP Bhupendra Yadav has moved a privilege notice against Rahul Gandhi for that tweet in which he spelt Jaitely as 'Jaitelie'. He says it was done deliberately to malign the image of the leader, the House chairman will decide on it pic.twitter.com/8fJ679YAPb
For the latest updates on the Kamala Mills fire tragedy, track this live blog.
Dec 29, 08:39 AM (IST)
#BREAKING -- Pakistan rejects claims by Indian Government over Jadhav farce. Pak says changing clothes and removing jewellery a part of security drill. Pak sources also say that they are ready to release audio recording of the meeting #JadhavUnitesIndia Input: @manojkumarguptapic.twitter.com/Bo61JOWcPu
Rupee gains 10 paise against dollar in early trade
The rupee gained 10 paise against the US dollar to trade at 63.98 in early session on selling of the US currency by exporters and banks.
The dollar was weak against major currencies in global markets which supported the local currency, a currency dealer said.
Domestic stock markets opening higher too bolstered the rupee sentiment.
Dec 29, 10:02 AM (IST)
Bitcoin holds above $14,000
Bitcoin appeared to find a bottom above $14,000 on Friday after South Korea's move to curb speculation and protect retail customers saw the cryptocurrency plunge by more than 8 percent.
Dec 29, 09:38 AM (IST)
Apple apologises for slowing iPhones, offers discounted batteries
Apple today apologised to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some of its handsets.
The move by Apple responded to an uproar from iPhone users -- and a series of lawsuits -- after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade.
"We know that some of you feel Apple has let you down. We apologise," Apple said in a message to customers on its website.
Dec 29, 09:37 AM (IST)
Ola investor SoftBank picks up large stake in Uber
Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.
SoftBank will acquire 15 percent of Uber's equity at a discount of 30 percent from its most recent value, according to a source familiar with the terms of the deal.
Dec 29, 08:49 AM (IST)
#KamalaMills Fire update: 'Postmortem reveals that all the 14 deaths were due to to suffocation,' Dr.Rajesh Dere, doctor who performed the postmortems (ANI)
Dec 29, 08:34 AM (IST)
Majority of those killed were women attending a birthday party at a rooftop restaurant, police said. The fire department received a call around 0030 local time on Friday, an official said. The injured were taken to the KEM and Sion hospitals, the official from the BMC disaster management unit said.
Dec 29, 08:27 AM (IST)
Last night's visual of fire at Kamala Mills compound in Mumbai's Lower Parel (Image: ANI)
Dec 29, 08:22 AM (IST)
Disturbing news about the fire in Mumbai. Condolences to the bereaved families and wishing the injured an early recovery. Commend the valiant efforts of fire-fighters and those in rescue ops: President Ramnath Kovind tweets.
Police have registered an FIR under section 304 against '1 Above' restaurant owner. Search and rescue operations over, cooling of the area underway by the fire department.
Dec 29, 08:03 AM (IST)
#UPDATE -- The campus of #KamalaMills also accommodates offices of various news and entertainment channels including the Times Network (Times Now, Mirror Now, ET Now, Zoom, Tv9). Offices of these channels are affected by the massive fire as they were located few meters away. pic.twitter.com/hpVw25yjiO
#UPDATE -- #KamalaMills: Transmission antenna of Tv9 is damaged due to the fire. Offices of Times Network were engulfed in smoke; ZOOM office is also damaged. pic.twitter.com/wk2f4VhVgK
Kamala Mills fire: At least 15 people were killed (12 females and 3 males) and 12 injured after a major fire in a building in Kamala Mills Compound in Lower Parel
Dec 29, 07:55 AM (IST)
Good morning readers! Welcome to Moneycontrol’s live news blog. Stay tuned to this space for the latest updates from the country and across the world.
highlights
For the latest updates on the Kamala Mills fire tragedy, track this live blog.
Apple apologises for slowing iPhones, offers discounted batteries
Apple today apologised to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some of its handsets.
The move by Apple responded to an uproar from iPhone users -- and a series of lawsuits -- after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade.
"We know that some of you feel Apple has let you down. We apologise," Apple said in a message to customers on its website.
Ola investor SoftBank picks up large stake in Uber
Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.
SoftBank will acquire 15 percent of Uber's equity at a discount of 30 percent from its most recent value, according to a source familiar with the terms of the deal.
Majority of those killed were women attending a birthday party at a rooftop restaurant, police said. The fire department received a call around 0030 local time on Friday, an official said. The injured were taken to the KEM and Sion hospitals, the official from the BMC disaster management unit said.
Disturbing news about the fire in Mumbai. Condolences to the bereaved families and wishing the injured an early recovery. Commend the valiant efforts of fire-fighters and those in rescue ops: President Ramnath Kovind tweets.
Police have registered an FIR under section 304 against '1 Above' restaurant owner. Search and rescue operations over, cooling of the area underway by the fire department.
For the latest updates on the Kamala Mills fire tragedy, track this live blog.
Rupee gains 10 paise against dollar in early trade
The rupee gained 10 paise against the US dollar to trade at 63.98 in early session on selling of the US currency by exporters and banks.
The dollar was weak against major currencies in global markets which supported the local currency, a currency dealer said.
Domestic stock markets opening higher too bolstered the rupee sentiment.
Bitcoin holds above $14,000
Bitcoin appeared to find a bottom above $14,000 on Friday after South Korea's move to curb speculation and protect retail customers saw the cryptocurrency plunge by more than 8 percent.
Apple apologises for slowing iPhones, offers discounted batteries
Apple today apologised to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some of its handsets.
The move by Apple responded to an uproar from iPhone users -- and a series of lawsuits -- after news of the battery problems stoked concerns the company was unfairly nudging consumers to upgrade.
"We know that some of you feel Apple has let you down. We apologise," Apple said in a message to customers on its website.
Ola investor SoftBank picks up large stake in Uber
Uber and SoftBank announced a deal Thursday allowing the Japanese tech titan to take a large stake in the US ridesharing giant, making a hefty cut in the valuation of the biggest venture-backed startup.
SoftBank will acquire 15 percent of Uber's equity at a discount of 30 percent from its most recent value, according to a source familiar with the terms of the deal.
#KamalaMills Fire update: 'Postmortem reveals that all the 14 deaths were due to to suffocation,' Dr.Rajesh Dere, doctor who performed the postmortems (ANI)
Majority of those killed were women attending a birthday party at a rooftop restaurant, police said. The fire department received a call around 0030 local time on Friday, an official said. The injured were taken to the KEM and Sion hospitals, the official from the BMC disaster management unit said.
Last night's visual of fire at Kamala Mills compound in Mumbai's Lower Parel (Image: ANI)
Disturbing news about the fire in Mumbai. Condolences to the bereaved families and wishing the injured an early recovery. Commend the valiant efforts of fire-fighters and those in rescue ops: President Ramnath Kovind tweets.
Police have registered an FIR under section 304 against '1 Above' restaurant owner. Search and rescue operations over, cooling of the area underway by the fire department.
Kamala Mills fire: At least 15 people were killed (12 females and 3 males) and 12 injured after a major fire in a building in Kamala Mills Compound in Lower Parel
Good morning readers! Welcome to Moneycontrol’s live news blog. Stay tuned to this space for the latest updates from the country and across the world.