Rico News

News

2 tropical storms a potential double threat to US Gulf Coast

Tropical Storms Laura and Marco were both projected to approach the U.S. Gulf CoastOfficials said they were most concerned about the thousands of people who still have been living under blue tarps

3 min read22 Aug 2020
Politics

US plans to seek UK bankruptcy court’s aid in Nirav Modi’s case

This comes after the US court charged Modi and his associates under RICO Act, a law used to nail mobster familiesThe development comes after the US bankruptcy court charged Modi and two of his associates under RICO law

2 min read8 Apr 2019
Companies

Renault plans to make India a hub for electric vehicle components

Renault India has placed orders for electric motors and transmission with Rico Auto Industries and is also working on developing electric vehicles at its Chennai plant

2 min read16 Apr 2018
Market

Opening bell: Asian markets open mixed; pharma companies, SBI, SpiceJet in news

SBI seeks to act tough on Videocon Industries, while Max Life emerges as front runner to buy IDBI Federal Life

1 min read14 Feb 2018
Companies

Sebi passes interim order in Ricoh India accounting fraud case

Sebi bars seven former officials of Ricoh India in a rare instance, decides to appoint its own forensic auditor to examine the extent of fraud in a listed company

2 min read13 Feb 2018
News

Donald Trump rips San Juan mayor, who says he’s politicizing disaster

US President Donald Trump, under rising criticism for the federal response to hurricane-wrecked Puerto Rico, lashed out at San Juan's mayor for her 'poor leadership ability'

5 min read30 Sep 2017
News

US beachgoers flee Hurricane Maria as millions suffer in Puerto Rico

In Puerto Rico, more than 3.4 million US citizens lack adequate food, water and fuel five days after Hurricane Maria pounded the island as a Category 4 hurricane

3 min read27 Sep 2017
News

Visitors abandon vacations as Hurricane Maria churns near Carolinas

Hundreds of visitors have abandoned their vacation plans and left North Carolina's outer banks ahead of Hurricane Maria as it moves northward in the Atlantic

1 min read26 Sep 2017
News

Hurricane Maria punishes US refineries without touching land

At least two east coast refineries are making less gasoline and diesel as rough Atlantic seas hamper the transfer of crude oil from ships to barges for delivery to the facilities

2 min read26 Sep 2017
News

Over 70,000 asked to evacuate as a dam fails in Puerto Rico after Hurricane Maria

Some 70,000 people have been ordered to evacuate their homes after a rain-swollen dam in Puerto Rico failed in the latest disaster caused by Hurricane Maria

3 min read23 Sep 2017
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