Tuesday, October 25, 2016

25th Oct 2016 Trending News

After Note 7 fiasco, Samsung Galaxy S7 Edge explodes in US: Report


After the Note 7 fiasco, a Samsung Galaxy S7 Edge owner in the US has claimed that the device which he received as a replacement for the Note 7 exploded while charging.
According to the PhoneArena website, the person went to a popular US wireless carrier's store with a damagedSamsung Galaxy S7 edge -- the highest-selling device from the South Korean tech giant.(more)



Only 57 borrowers have defaulted on bank loans worth a whopping Rs 85,000 crore. The Supreme Court said this after perusing a report submitted by the Reserve Bank of India (RBI) about persons who have taken loans worth over Rs 500 crore and defaulted and asked the central bank why their names should not be made public.(more)

Ratan Tata, patriarch of one of India's most influential families, will take over as interim chairman of Tata Sons after the salt-to-software conglomerate's board ousted Cyrus Mistry, who had sought to shake up the firm's management.
Tata, who had stepped down as chairman and was replaced by Mistry in late 2012, will head the group for four months while the company seeks a replacement.(more)

Tata Group stocks, such as Tata Motors, TCS, Tata Steel, Tata Communications, Tata Metaliks, Titan Company and Tata Chemicals reacted sharply in early deals, and lost 1% - 3% a day after Cyrus Mistry was removed as the chairman of the Group. However, Tata Motors and Titan recovered some lost ground as trade progressed. By comparison, the benchmark indices – the S&P BSE Sensex and the Nifty 50 were trading 0.2% lower.(more)
Akhilesh vs Mulayam: Why the SP infighting is bad news for BJP



The split in the Samajwadi Party (SP), which increasingly looks imminent, is bad news for the Bharatiya Janata Party (BJP), not just for the 2017 Uttar Pradesh Assembly polls but also for the 2019 Lok Sabha elections.
With the Congress weakened, the BJP effort has been to dent the support base as well as credibility of regional political parties that have the potential to form the nucleus of a strong third front in the 2019 Lok Sabha polls. (more)

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