
Daily Newsletter | Monday, February 15, 2016 | | Mumbai fire: How swift action averted tragedy | A massive fire on Sunday engulfed the stage at a cultural event held at Girgaum Chowpatty seafront here where a string of film celebrities and political leaders were present as part of the high-profile 'Make in India' investment meet. |
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Fire at 'Make in India' event; CM orders probe | A massive fire broke out on Sunday evening during a cultural programme at 'Make In India' week event in Mumbai. Chief minister Devendra Fadnavis stayed at the venue and personally monitored the rescue operations. |
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| Scottish CEO of Delhi gym arrested on rape charges | The complainant told police that she met the 40-year-old accused, a native of Scotland, on a social networking site. She alleged the accused sexually assaulted her for the past five months on the pretext of marriage and later severed all ties with her. |
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Massive fire at Deonar dumping ground again | Massive fire broke out at Deonar dumping ground again on Sunday creating panic among civic officials busy in preparation of Make in India event. Senior civic officials were asked to personally monitor the situation and they were struggling to reach the fire affected area. |
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Bombay is not a dirty word: Sorabjee | A decision by the Indian-born editor of a London newspaper to refer to India’s financial capital as Bombay, once again, has raised eyebrows, drawn smiles and frowns, and earned criticism and kudos on social media but legally, his defiance commits no breach. |
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| | | Govt to push PSU bank reforms, says Jaitley | The government will soon initiate a series of reforms to improve governance in public sector banks (PSBs), which have reported losses in excess of Rs 10,000 crore in an effort to get rid of bad loans. |
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PSB turmoil hits value of LIC stake | Life Insurance Corporation of India (LIC), the single largest owner of public sector bank (PSB) shares after the government, has seen the value of its holdings shrink over 30% since January 1, 2016. |
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Ratan Tata invests in retail tech startup | Tata Sons chairman emeritus Ratan Tata has invested in retail-tech startup SnapBizz Cloudtech. The amount was not disclosed. SnapBizz, which devises technology for corner grocery stores, works with more than one thousand kirana stores across Mumbai, Pune, Delhi, Hyderabad, Chennai and Bengaluru. |
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