Top Headlines: Next President likely to be from BJP; here’s why

Times of India

Daily Newsletter | Friday, May 12, 2017
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Next President likely to be from BJP; here’s why
YSR Congress has announced support for BJP in the presidential election, further bolstering the ruling camp’s numbers for the key contest and nearly ensuring that a nominee of the ruling party gets to occupy the Rashtrapati Bhavan in July. Jaganmohan Reddy’s Andhra Pradesh-based outfit, which was non-committal till now, was being watched closely along with AIADMK and BJD on which way they would tilt in the President’s election.
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Triple talaq: Won’t touch polygamy issue, says SC
With front companies, Lalu kin made realty killing
Documents with Times Now show that Misha Bharti, eldest daughter of Lalu, and her spouse acquired a farmhouse at Bijwasan, near IGI airport, where many rich and influential own properties, for a mere Rs 1.41 crore. The couple also acquired a farmhouse at Sainik Farms after an intriguing transaction.

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Kin condemn act of SP leader’s nephew who slapped cop
A day after Senior Samajwadi Party leader and Uttar Pradesh legislative council chairman Ramesh Yadav’s nephew was arrested for assaulting medical staff and slapping cops in Etah, the relatives of the accused have condemned the act and asked for stringent possible punishment for the accused.

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Big 10 Sale: Flipkart expects five-fold growth in transactions
E-commerce major Flipkart expects to see a five-fold growth in transactions on its platform during its ‘Big 10’ sale that begins next week.
SoftBank gets Nexus’ nod for selling Snapdeal to Flipkart
The term sheet with Flipkart could be signed within this week and the due diligence for the deal would commence immediately thereafter.
Here’s what is behind the string of layoffs at IT companies
With deceleration in revenue and hazy demand outlook, top IT companies will try hard to guard profitability.Improving the proportion of fixed cost projects in revenue, making hiring decisions more dynamic and keeping check on operating costs are some…

SPORTS MORE »

IPL: Kings XI Punjab beat Mumbai Indians by 7 runs to stay alive
Despite recording the highest team total of the season – 230 for 3 – Kings XI Punjab had to sweat it out in the middle to beat Mumbai Indians (223/6) by seven runs to keep themselves alive in the race for the playoffs.
Hopeful BCCI will have a new body by October: Vinod Rai
Vinod Rai is confident that his team could transform the “personality oriented” BCCI into a “structured” institution by October, a deadline he has set for COA to complete their assignment of implementing the RM Lodha Committee reforms.
Dhoni providing valuable inputs to Smith: Manoj Tiwary
Rising Pune Supergiant batsman Manoj Tiwary says Mahendra Singh Dhoni’s valuable inputs to skipper Steven Smith has helped the team perform well in the Indian Premier League.

BUSINESS MORE »

Why do we take rating agencies seriously: CEA
In a remarkably frank speech, chief economic adviser (CEA) Arvind Subramanian took a dig at the assessment made by economic commentators, rating agencies and bankers and stressed on the need for creating centres that undertake independent research on macro-economic issues.
From regional to long-haul, Indian low-cost carriers spread wings
​​This tectonic shift comes with India’s largest airline by domestic market share, LCC IndiGo, declaring it will have turboprops in its fleet for regional flying. And, SpiceJet — which already has turboprops — saying it is looking at medium to long haul budget flights on wide-body planes.
Centre, states may settle for 4 per cent GST on gold, silver
The Centre and the states may settle for 4% goods and services tax (GST) on bullion and opt for a special rate for financial services, amid intense lobbying from the two sectors in the run up to the rollout from July.

ENTERTAINMENT MORE »

Movie Review: Sarkar 3
Subhash Nagre or Sarkar (Amitabh Bachchan), the patriarch of the most powerful political family of Maharashtra, continues to hold centre-stage because of his immense clout with the masses.
Katrina Kaif opens up about her Hollywood plans
When asked if she’d like to work on a Hollywood project any soon, this is what Katrina said.
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