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Fact Sight is a weblog, where you will find the latest news and updates of the market.

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Flipkart Grants $100m ESOP to Retain Selected Employee
Business 

Flipkart Grants $100m ESOP to Retain Selected Employee

May 10, 2019 by Aruna Bhayana

Bengaluru: Flipkart has introduced a new set of plans, viz. the employee stock ownership plan (ESOP), for its middle and senior-level staff, many people privy to the event said, to retain the key talent. The overall stock allotted, which is estimated to…

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Pope Amends Church Law to Make Reporting of Any Sex Abuse Obligatory
Others 

Pope Amends Church Law to Make Reporting of Any Sex Abuse Obligatory

May 9, 2019 by Kartik Pandey

Vatican City:Pope Francis today passed a law to oblige those who have knowledge about sex abuse in the Catholic Church to communicate it to their superiors, after a global clerical paedophilia scandal. Every diocese across the world will now be required to…

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Hubble Telescope Found Stunning Spiral Galaxy Located About 30 Million Light-Years Away
Technology 

Hubble Telescope Found Stunning Spiral Galaxy Located About 30 Million Light-Years Away

May 6, 2019 by Aruna Bhayana

The Hubble Space Telescope has spotted a beautiful spiral galaxy about 30 million light years away in the Leo constellation, NASA said. NASA and European Space Agency (ESA) are calling it a “perfect specimen” of a spiral galaxy, the amazing NGC 2903. The spiral galaxy is…

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Mumtaz Talks about Her Two Death Rumours
Entertainment 

Mumtaz Talks about Her Two Death Rumours

May 6, 2019 by Aruna Bhayana

In a single year, there have been two news about veteran actor, Mumtaz’s death. Her daughter Tanya Madhvani, her nephew Shaad Randhawa and filmmaker Milap Zaveri have come forward to clarify the issue. The actor told that she’s healthy and happy, living…

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Asian Development Bank Must Widen Private Sector Operations to Escalate: Subhash Chandra Garg
Finance 

Asian Development Bank Must Widen Private Sector Operations to Escalate: Subhash Chandra Garg

May 4, 2019 by Kartik Pandey

Stating that Asia continues to be the growth engine of the world, Economic Affairs Secretary Subhas Chandra Garg said that the Asian Development Bank must increase its private sector operations to support economic development. Talking to the Board of Governors of the…

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BSNL Discontinues Two Mobile Data Plans Worth Rs 333 and Rs 444
Business 

BSNL Discontinues Two Mobile Data Plans Worth Rs 333 and Rs 444

May 3, 2019 by Aruna Bhayana

BSNL, Indian state-owned telecommunication company, has discontinued two data plans worth Rs 333 and Rs 444 from its portfolio. The company had introduced both plans in 2017, and these no longer exist. BSNL has also dropped plans worth Rs 339, Rs 379…

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Cyclone Fani: B-Town Celebs Fold Hands to Pray for People in Orissa
Entertainment 

Cyclone Fani: B-Town Celebs Fold Hands to Pray for People in Orissa

May 3, 2019 by Aruna Bhayana

Cyclone Fani is one of the most powerful cyclones to ever hit the east coast of India. Over 11 lakh people have been rehabilitated to safer places; however, the power of nature is ascertained to cause destruct after landfall, uprooting trees and…

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India Would Continue to Borrow Sovereign Loans from ADB in 2019
Finance 

India Would Continue to Borrow Sovereign Loans from ADB in 2019

May 2, 2019 by Kartik Pandey

The Asian Development Bank (ABD) contributed USD 3 billion in sovereign loans to India in 2018, the largest amount since sovereign operations started in the country in 1986. India was the biggest receiver of funds from the multilateral funding institution and would…

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RBI Files Plea with NCLAT on Default Payment of IL&FS
Finance 

RBI Files Plea with NCLAT on Default Payment of IL&FS

May 2, 2019 by Kartik Pandey

On Thursday, the National Company Law Appellate Tribunal (NCLAT) permitted the banks to declare the accounts of Infrastructure Leasing & Financial Services (IL&FS) and its group companies that have defaulted on payments as non-performing assets (NPA). A bench headed by Chairman Justice…

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New High-Yielding Sugarcane Variety to be Available in Tamil Nadu
Others 

New High-Yielding Sugarcane Variety to be Available in Tamil Nadu

May 2, 2019 by Aruna Bhayana

The Sugarcane Breeding Institute (SBI) in Tamil Nadu has introduced a new variety of sugarcane, which is predicted to offer better results in a shorter time. The new variety, called Co 11015, has been found to have around 2% more sucrose content…

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