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Opening bell: Asian markets open mixed; Bata India, Colgate Palmolive in focus

LiveMint logoLiveMint 15-05-2017 R. Sree Ram

Asian markets open mixed

Tepid US economic data and another missile test by North Korea are weighing on investor sentiment. Over the weekend, US markets closed slightly lower. S&P 500 at 2,390 points is down 0.15%.

Govt issues critical alert over ransomware

The government’s cybersecurity arm has asked the central bank, stock exchanges, the National Payments Corp. of India and other vital institutions to safeguard their systems against the latest cyberattack that has infected thousands of systems globally.

Monsoon arrives early in Andaman and Nicobar islands

The southwest monsoon has hit the Nicobar Islands and the entire south Andaman Sea three days ahead of time. Read more.

Occupancy at branded hotels hit nine-year high

Average occupancy at branded hotels is estimated to have hit nine-year high of 65% in 2016-17, reports Business Standard. According to the report, occupancy levels are expected to improve in the current fiscal also.

IndiGo may hire former staff to set up regional operations

InterGlobe Aviation Ltd, which runs IndiGo airline, is likely to hire some of its founding employees to set up its regional operations, reports Mint.

Adani Group to begin extracting coal from Australian project in FY21

Adani Group plans to begin extracting coal from the $16.5 billion Carmichael project in Australia in 2020-21, reports PTI.

Bata India, Colgate Palmolive earnings today

Bata India Ltd, Colgate Palmolive (India) Ltd, Indo Count Industries Ltd and Vedanta Ltd are some of the companies that will release their earnings for the March quarter on Monday.

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