Daily Newsletter | Monday, June 15, 2015 | | | In 2 years, 40,000 tonnes of grain got damaged | | At a time when fears of another drought year are looming large, an RTI application filed by TOI has revealed that the quantity of foodgrains damaged in Food Corporation of India godowns across the country recorded a drastic jump over the last two years when the country lost more than 40,000 tonnes. |
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| | Mumbai soaks in season’s first heavy showers | | Monsoon had missed its date with the city by two days, but it seems to have made up for the delay. As heavy showers lashed several parts of the city on Sunday, Mumbaikars enjoyed the cool weather as temperatures dropped significantly. |
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| | | | Cairn India merges with Vedanta in $2.3bn deal | | Anil Agarwal, chairman of London-listed Vedanta Plc, is merging his cash-rich oil and gas company Cairn India that he bought for $8.7 billion in 2011 with his debt-laden mining firm Vedanta Ltd, formerly known as Sesa-Sterlite, in an all-share $2.3-billion (Rs 14,500-crore) deal to create India’s leading natural resources company. |
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| Govt to revamp sourcing, testing of telecom gear | | The government is looking at a major overhaul of telecom equipment sourcing and testing in India as it fears that unfettered supplies from foreign vendors, including Chinese companies, are making the system susceptible to spyware and malware from unfriendly countries and anti-national activists. |
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