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Monthly News September 2014

Population, capacity should dictate size of state allocation: Jayalalithaa
Jayalalithaa found guilty in disproporti...

Jayalalithaa found guilty in disproportionate assets case; protests erupt i...

Bangalore: In a huge setback to J Jayalalithaa, a special court on Saturday held the Tamil Nadu Chief Minister guilty of amassing Rs 66.65 crore wealth disproportionate to known sources of her income during her first term in office. Her conviction has led to violent protests in Tamil... read more »

Talcher plant to be revived by 2019

Talcher plant to be revived by 2019

BHUBANESWAR: The Talcher Fertilizer Plant, which has been closed since 2002, will be revived by 2019 with an investment of Rs 9,000 crore. Union petroleum minister Dharmendra Pradhan and chemical and fertilizer minister Ananth Kumar reviewed the project in New Delhi on Friday. Fertiliser... read more »

Sun Pharma gains on report Form 483 may ...

Sun Pharma gains on report Form 483 may not lead to import alert

Shares of Sun Pharmaceutical Industries on Friday increased 4.3% after a report by brokerage firm Credit Suisse said the company receiving a Form 483 from the US Food and Drug Administration (US FDA) on its Halol facility may not lead to an import alert as the observations raised has “no... read more »

Activist Investor Buys Stake in Yahoo, U...

Activist Investor Buys Stake in Yahoo, Urges AOL Merger

San Francisco –  Activist investor Starboard Value LP has said it has acquired a “significant” stake in Yahoo Inc and urged the internet company to explore a merger with AOL Inc. Starboard, the second activist investor to target Yahoo in the last three years, also said the... read more »

Saina Nehwal, Parupalli Kashyap crash out of Asian Games

In what came as a shock for the Indian fans, star shuttlers Saina Nehwal and Parupalli Kashyap fell by the wayside as the two lost their respective women’s and men’s singles matches to... read more »

Vedanta’s Anil Agarwal and his family to donate 75% of their wealth to charity

Anil Agarwal, the billionaire controller of Vedanta Resources Plc, announced late on Thursday that he and his family had agreed to give 75 percent of their wealth to charity. Agarwal, a... read more »

Emami biotech acquired Vanaspati brand Rasoi

Emami biotech on 25 September 2014 acquired Vanaspati brand Rasoi. Emami biotech is the edible oil and bio-diesel arm of the Emami Group of Companies. The deal is estimated to be worth... read more »

EPFO notifies minimum Rs 1000 pension for 32 lakh beneficiaries

NEW DELHI: In a move that would benefit about 32 lakh pensioners, the government has notified the amendment on Employees Pension Scheme run by Employees’ Provident Fund Organisation... read more »

China, India vow to further bilateral ties

United Nations: Chinese Foreign Minister Wang Yi and India’s External Affairs Minister Sushma Swaraj agreed on Thursday to further develop relations between the two neighbouring Asian... read more »