UPDATE 2-Elliott ups pressure on CDK, pushing for streamline or sale

May 4 Elliott Management stepped up its pressure on CDK Global Inc on Wednesday, saying the software company needed to streamline its operations or explore a sale.

10:06pm IST

Resurgent Iran prospects lift Siemens results

FRANKFURT, May 4 Siemens revised upwards its valuation of its backlog of orders from Iran on Wednesday, citing resurgent business prospects in the country following the easing of international sanctions.

9:54pm IST

UPDATE 1-U.S. to boost airport staffing to manage long security lines

May 4 With airlines worried that long security lines may discourage summer travelers, the U.S. government said on Wednesday it will add airport staff and bomb-sniffing dogs and ramp up pre-screening enrollment efforts.

UPDATE 1-Brazil's Temer could allow foreign control of airlines -adviser

BRASILIA, May 4 A Brazilian government led by Vice President Michel Temer would consider allowing foreign owners to acquire a controlling stake in local airlines, one of his closest aides told Reuters on Wednesday.

9:29pm IST

U.S. to boost airport staffing to manage long security lines

May 4 The United States is to increase the number of airport security staff and bomb-sniffing dogs and ramp up its pre-screening enrollment efforts in an attempt to address airlines' concerns that long airport lines this summer might discourage air travel.

9:13pm IST
BSE OIL & GAS -1.01%
BSE AUTO -2.05%
BSE POWER -1.27%
BSE-CG -0.94%


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Jindal Steel in advanced talks to sell more assets - CEO

NEW DELHI Jindal Steel and Power is in advanced talks with some resources firms to sell more steel and mining assets, its CEO told Reuters, adding the company hopes to close a $976 million power plant deal well before a mid-2018 deadline.