Alibaba-Snapdeal talks fall apart on valuation
The much-touted proposal of Chinese giant Alibaba’s stake purchase in may have “fallen off” due to high valuations being sought by the homegrown online marketplace. The deal, which was being pegged at about $500-700 million, has hit a roadblock due to a high valuation demanded by... read more »
Sesa Sterlite gains on talk of govt revoking mining ban in Goa
Shares of Sesa Sterlite were up 2.5% at Rs 198 on reports that the Centre has revoked its earlier ban on all environmental clearances of mines in Goa. “The Ministry of Environment, Forest and Climate Change withdrew the suspension of ECs. The mining industry will resume operations immediately... read more »
Gold futures gain 0.15% on firm global cues
NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend overseas. At the Multi Commodity Exchange, gold for delivery in June rose by Rs 40, or 0.15 per cent, to Rs 25,796 per 10 grams in a business... read more »
Railway platform ticket to cost Rs.10 from April 1
The railway platform ticket is going to be costlier – Rs.10 – from April 1. “The rate of platform ticket will be increased from Rs.5 to Rs.10 per per person from April, 2015,” said a senior Railway Ministry official. The official said the Divisional Railway Managers (DRM)... read more »
Death toll rises to 7 after Bangladesh cement factory collapse
DHAKA, Bangladesh — The death toll from the collapse of the roof of a five-story cement factory in Bangladesh rose to at least seven Friday, a government official said. M. Jahangir... read more »
Pakistan court rules 26/11 mastermind Lakhvi’s detention as illegal, orders release...
Islamabad: A court in Pakistan on Friday ordered the release of Zaki-ur-Rehman Lakhvi, an alleged mastermind of the 2008 Mumbai attack. The Islamabad High Court has ruled Lakhvi’s... read more »
CBI arrests 3 people in corporate espionage case for leaking sensitive documents from vari...
New Delhi: The Central Bureau of Investigation on Thursday night arrested three people in the corporate espionage case. The trio were detained in the case for leaking sensitive documents... read more »
Masarat Alam’s activities under watch: J&K Govt told Rajnath Singh
New Delhi: In a bid to douse the row over release of Masarat Alam, Union Home Minister Rajnath Singh on Thursday said he would ensure the surveillance of the Jammu and Kashmir separatist... read more »
Coalgate: Manmohan Singh says ‘more than pleased’ wit...
New Delhi: The Congress is rallying behind former prime minister Manmohan Singh, who has been summoned as accused in a coal blocks allocation case. Former prime minister Manmohan Singh has reacted... read more »
