GVK Wins Court Fight Over Australian Coal Mine
Melbourne: Green groups lost a fight to stop billionaire Gina Rinehart and GVK from building a giant coal mine in Australia, as a court on Friday dismissed an appeal against the state of Queensland’s environmental approval for the project. Conservation group Coast and Country, originally... read more »
ONGC to buy 15% stake in Russia’s 2nd biggest oil field
State-owned Oil and Natural Gas Corp (ONGC) on Friday agreed to buy 15 per cent stake in Russia’s second biggest oil field of Vankor from Rosneft for USD 1.268 billion, its fourth biggest acquisition ever. ONGC Videsh Ltd, the overseas arm of the state explorer, signed an agreement to buy 15 per... read more »
Coal scam: former Coal Secretary granted bail
Former Coal Secretary H C Gupta and four others, including a senior public servant, were on Friday granted bail by a Special Court in a coal block allocation scam case. Special CBI Judge Bharat Parashar granted the relief to Gupta, serving public servant K S Kropha, who was a former Joint Director... read more »
Pressure for rate cut mounts as Raghuram Rajan completes second year as RBI...
Known for his hawkish outlook, Reserve Bank of India Governor Raghuram Rajan completes two successful years in office today. Bringing the retail inflation down to 3.8 per cent in July from 9.8 per cent in September 2013, Governor Rajan now faces the challenge for rate cuts with the finance ministry... read more »
MH370: Reunion islanders continue debris search
People in Reunion have been combing the beaches looking for further debris that could be linked to missing flight MH370. One woman has been talking about how she recently saw what she... read more »
Mumbai court likely to decide on non-bailable warrant against Lalit Modi
A special court here is likely to pass an order on Wednesday, regarding the issuance of a non-bailable warrant against former Indian Premier League (IPL) czar Lalit Modi for his role in a... read more »
Cricbuzz named title sponsor of India-Sri Lanka Test series
Cricbuzz, one of the leading cricket news and information destinations on web and mobile, was on Monday named as the title sponsor for the upcoming India-ri Lanka Test series. This... read more »
Virat Kohli bats for five-bowler attack in Sri Lanka as a winning strategy
Chennai: Indian Test captain Virat Kohli expressed his confidence in Ravichandran Ashwin’s batting abilities and said that there is no reason why the Tamil Nadu tweaker can’t be... read more »
Yahoo buys social media site focused on shopping
Yahoo has once again gotten the urge to go shopping — and this time the internet company has acquired a social shopping site. Yahoo announced late on Friday that it had agreed to acquire Polyvore... read more »
