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Wockhardt shares plunge 20 pc on USFDA import alert
MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...
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Jet Airways shareholders approve Etihad deal
Jet Airways Friday said its shareholders have approved the company's plans to offload 24 percent stake to Abu Dhabi-based Etihad Airways for around $379 million (Rs.2,058 crore). According to the company, the deal was ratified at an extraordinary meeting of Jet's shareholders held here. However, the adoption of a new set of rules relating to 'articles of association' was deferred and will be ...
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PM asks SEBI to stop insider trading
Prime Minister Manmohan Singh Friday asked the capital market regulator SEBI to root out the "pernicious disease" of insider trading, saying the future effectiveness of the institution would depend on this. Addressing the silver jubilee celebration of the Securities and Exchange Board of India (SEBI) here, the prime minister said: "A key indicator of SEBI's future effectiveness will be its ...
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New sight correction surgery launched
There is new hope for those who are sick of their glasses but have been refused Lasik surgery for sight correction as their cornea was too thin or irregular. A new method now assures complete vision correction through a quick and ablation-free technique. The Refractive Lenticule Extraction (ReLEx) method, which was launched in the national capital Friday by Centre for Sight, is an advanced ...
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IPL scam Vindu two others sent to police custody till May 28
A court Friday granted police the custody of Bollywood actor Vindu Dara Singh Randhawa and two others, allegedly involved in the IPL spot-fixing scam, till May 28. Vindu, along with hawala operator Alpesh Taneja and a bookie, Prem Taneja, were arrested by Mumbai police here last Tuesday (May 21). The trio was presented in Magistrate M. Salim's court Friday afternoon after their three-day ...
Movie Review
The Kids Are All Right
Lisa Cholodenkos The Kids Are All Right is a conventional dramedy about an unconventional family. Annette Bening and Julianne Moore star as Nic and Jules, a long-term lesbian couple with a pair of teenage children, 18-year-old Joni (Mia Wasikowska) and 15-year-old L ... ...
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Saga of dos donts and strict vigil - Eden security at its height
CCTV cameras prying all-around, strict vigil on movement around players' dressing rooms and heightened security -- the Eden Gardens stood fortified as it hosted the playoff match of the IPL Friday amid the raging spot fixing scam. With stringent security in place after the latest scandal to hit Indian cricket came to light, players have been barred from allowing any women other than their wives ...
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Indian mining firms face human rights issues in Mozambique
In a report with recommendations for Jindal Steel and Power (JSPL) and the Indian government, Human Rights Watch said the Mozambique government and foreign companies' work in resettling communities displaced by coal mining has "serious shortcomings". The New York-based rights group's report, released Thursday in Mozambique's captial Maputo said lack of proper resettlement is leaving thousands ...
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Fiscal deficit affecting corporate debt market PM
Undeveloped corporate debt market is a weakness in India's financial system and high fiscal deficit is further complicating the problem, Prime Minister Manmohan Singh said Friday. "A weakness in our financial system relates to the market for corporate debt. While the market for government debt is very large, the market for corporate debt has yet to develop as it should. It is not large enough ...
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Virbhadra submits memo for financial aid to Mukherjee
Himachal Pradesh Chief Minister Virbhadra Singh Friday submitted a memorandum to visiting President Pranab Mukherjee, seeking additional central financial assistance to overcome a shortfall of Rs.10,725 crore. The chief minister cited the "unfavourable" award of 13th Finance Commission, which recommended an overall increase of only 50 percent for the state while the other states were given an ...
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Spot fixing Five accused sent to judicial custody
A Delhi court sent five spot fixing scam accused, including two former cricketers, to judicial custody till June 4. Chief Metropolitan Magistrate Lokesh Kumar Sharma sent to judicial custody three bookies -- Kiran Dole, Sunil Bhatia and Ramakant Aggarwal -- and two players - Manish Guddewar, a former Ranji player of Vidarbha, and Amit Kumar Singh, a former IPL player associated with the ...
On the record
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Sheraton Waikiki
One of four Sheraton Hotels in Waikiki, and one of three on the beach. Next Door is the Sheraton Royal ...
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The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
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