Daily Newsletter | Saturday, May 06, 2017
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| PM’s space diplomacy turns satellite launch into mini-Saarc summit |
| Modi commended Isro scientists for the launch and addressed the heads of six South Asian countries, barring Pakistan, via video conferencing. Calling it a “historic moment”, Modi said the satellite “opens up new horizons of engagement and will greatly benefit South Asia and our region’s progress”. |
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| Nirbhaya case should be eye-opener for all: SC |
| Concerned over increasing crime against women, the Supreme Court hoped on Friday that the Nirbhaya verdict would be “an eye-opener for a mass movement” to end such violence and sensitise people on gender equality and justice. |
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| 2 bank chiefs shifted as govt moves to turn around sector |
| the government replaced two high-profile public sector bank chiefs on Friday for failing to do enough to revitalise their banks, in addition to appointing five new MDs and chief executives at state-run banks that are grappling with a pile of stressed loans. |
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| US unemployment falls to 10-year low in April |
| After a slow March, when hiring likely was held down by a winter storm, the US economic engine added an estimated 211,000 net new positions while the jobless rate fell a tenth to 4.4 percent, the lowest since May 2007. |
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| Cognizant records 26% growth in net profits |
| US-headquartered Cognizant Technology Solutions (CTS) on Friday reported revenues of $3.55 billion for the quarter ending March 2017, 10.7% year-on-year (y-o-y) growth from last year’s $3.2 billion. Its revenue grew 2.4% sequentially from last quarter’s $3.46 billion. |
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| Deepika Padukone on Katrina Kaif |
| The Dinesh Vijan helmed film ‘Raabta’ which stars Sushant Singh Rajput and Kriti Sanon in leading roles has Deepika Padukone making a special appearance in the film’s title track. |
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