Kotak Mahindra, ING Vysya shares soar following merger buzz
Shares of ING Vysya Bank and Kotak Mahindra Bank are witnessing aggressive buying on unconfirmed reports that Kotak Mahindra Bank to acquire ING Vysya Bank and may merge ING with itself. ING Vysya shares were up by Rs. 103 (13.7 per cent) to quote at Rs. 863.70. Shares of Kotak Mahindra Bank have... read more »
Coal block auction to have cushion against tariff shock
NEW DELHI: The government will protect power consumers from getting a tariff shock from coal block auction and cap the number of mines or quantity of reserves that goes to one entity with a view to prevent a monopoly scenario. “It (auction) is not a revenue-maximizing approach … the... read more »
US court overturns bid by Ranbaxy to block launch of rival generic drugs
A US court has denied a request by drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc’s heartburn pill Nexium and Roche’s antiviral Valcyte, a court filing showed. Ranbaxy had sought the restraining order against Dr Reddy’s... read more »
CBI conducts raids on Saradha offices in Kolkata
KOLKATA: Probing the multi-crore-rupee Saradha scam, the CBI on Thursday raided three offices of the tainted group in the city. Since morning, Central Bureau of Investigation (CBI) sleuths conducted searches at Saradha offices in different locations such as Salt Lake, Behala and Bishnupur in the... read more »
Ebola outbreak: British nurse back to help after recovery
The British nurse who has returned to Sierra Leone after recovering from Ebola has told the BBC he is “frustrated” by the “woefully slow” international response to... read more »
Jerusalem terror attack ‘strikes at soul’ of Jews worldwide
Books, filled with prayers for peace, splattered with blood. Sacred vestments shredded by bullets and knives. Lifeless bodies in the sanctuary. The rabbis had gathered to ask God to bestow... read more »
‘Proud to have India as a partner in Fiji’s future’, says Fijian PM Josi...
Expressing his delight at the signing of three agreements between New Delhi and Suva, Fijian Prime Minister Josiah Bainimarama on Wednesday said that he is proud to have India as a partner... read more »
Iraqi troops retake oil refinery
BAGHDAD — Iraqi state television on Tuesday displayed images of triumphant soldiers inside the Beiji refinery, the first confirmation of many previous reports that government forces had... read more »
The Geography of Terrorism
Of the 17,958 people who died in terrorist attacks in 2013, 82 percent were in one of five countries: Iraq, Afghanistan, Pakistan, Nigeria, and Syria. That’s one finding from this year’s... read more »
