Exports declined by 20.7 percent in August, says Commerce Ministry
The Ministry of Commerce and Industry has said that India’s exports plunged 20.7 per cent in August this year, to 21.3 billion dollars. In data appearing in the public domain, the ministry said that this was ninth consecutive month when exports have slumped and global economic slowdown and... read more »
L&T gets Rs 1,700-cr job order to build Bangladesh power plant
Engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has bagged a Rs 1,700 crore order from Japan’s Marubeni Corporation to set up a 400-MW gas-based power plant in Bangladesh. “Bangladesh Power Development Board awarded the EPC contract for setting up the... read more »
Sun Pharma enters into agreement to acquire InSite Vision
Drug major Sun Pharmaceutical Industries has entered into an agreement with InSite Vision to acquire the US-based eyecare firm for around $48 million plus related debt and other transaction costs to strengthen its branded ophthalmic portfolio in the US. One of the company’s subsidiaries has... read more »
Hewlett-Packard To Cut Up To 30,000 Jobs
Hewlett-Packard (HP) has embarked on a new round of job cuts as it prepares to be split in to two units. The technology firm said between 25,000-30,000 roles would go at HP Enterprise, a business it is creating to bundle together its data analysis and software divisions – separating them from... read more »
Missing Indonesian plane: Search team finds wreckage, no word on survivors
Jayapura (Indonesia): A search team has spotted the wreckage of an Indonesian passenger plane that went missing with 54 people on board, rescue officials said on Monday. There was no... read more »
PM Modi takes took tour of Masdar City in Abu Dhabi
ABU DHABI: Prime Minister Narendra Modi on Monday took a tour of the Masdar City, a hub of cleantech and science and technology innovation, here on the second day of his two-day UAE visit.... read more »
Isil used chemical weapons against Kurds in Iraq, say German troops
German troops involved in a coalition training mission in Iraq have reported that Islamic State of Iraq and the Levant (Isil) fighters have used chemical weapons on a Kurdish militia. The... read more »
Tianjin explosions: The big questions that still remain
Tianjin, China (CNN)When the wind blows in this Chinese port city, shards of glass still rain down from damaged buildings. But many here are now more worried about a potential threat they... read more »
Two arrested over Bangladesh blogger Niloy Neel killing
Bangladesh police say they have arrested two suspected members of a banned Islamist group over the killing of atheist blogger Niloy Neel. The two men were suspected members of Ansarullah Bangla Team,... read more »
