[wanabidii] News Digest: RComm raises $804m via share sale

Wednesday, June 25, 2014

Today's Headlines

RComm raises $804m via share sale
Reliance Communications Ltd on Wednesday raised $804 million by selling shares, people involved in the process said, in what is the single biggest equity issue since the pro-business Narendra Modi government took office.

Every 4th two-wheeler sold now a scooter
Honda Activa, the model credited with reviving the dying scooter market after the exit of Bajaj Auto, outpaced many of the famed motorcycle brands to emerge as the second largest-selling two-wheeler brand, behind only Hero Splendor.

Sensex slips 55 points ahead of monthly derivatives expiry
The benchmark sensex on Wednesday closed 55.16 points lower at 25,313.74 on caution ahead of monthly derivatives expiry and volatile global oil prices due to continued violence in crude producer Iraq.

More Business News»

Environment

Staff crunch hits tiger protection in Similipal Tiger Reserve
The Special Tiger Protection Force (STPF), a dedicated force formed in August 2013 for better protection of big cats in Similipal Tiger Reserve (STR), is handicapped due to staff shortage.

New algae species could provide valuable biofuel
The discovery of a new species of macro algae along the coast at south Goa could open up vast reserves of biofuel besides providing raw material for anti-cancer drugs.

Pesticides threaten birds and bees alike: study
Neurotoxic pesticides blamed for the world's bee collapse are also harming butterflies, worms, fish and birds.

More Environment News»

World

Putin cannot send 'troops into Ukraine'
Justifying the move, which Putin had requested, a senior lawmaker said it should be seen as an act of goodwill to help facilitate peace efforts in Ukraine.

Comedy on Kim Jong-un an 'act of terror': NKorea
The film is due to be released in the United States on October 14.

'800 Taliban fought Afghan troops in 5-day battle'
"About 800 fighters started to storm four districts of Helmand last Thursday night," Helmand provincial governor spokesman Omar Zwak said.

More World News»

Science

Dynamics of cancer chain in cell membrane unravelled
The findings on these protein clusters, or aggregates, could help guide design of new anti-cancer drugs.

Now, photos can help spot rare disorders
Computer analysis of old family photographs can now help doctors diagnose rare genetic disorders in children.

Drug from Indian spices to fight hypertension
The search for an affordable drug to treat hypertension without side effects has led scientists to the Indian kitchen.

More Science News»

Technology

Google to unveil new television set-top box: WSJ
Google will show off the set-top box on Wednesday during its developer conference.

Narendra Modi overtakes White House on Twitter
TwitterCounter data shows that Modi currently has 4,981,574 followers, pulling in ahead of White House’s 4,979,707 followers.

Google I/O 2014: Complete coverage
Google I/O 2014: Complete coverage

More Technology News»

Education

Will Bachelor of Management Studies be a casualty of FYUP rollback?
As the stalemate between the University Grants Commission and Delhi University continues, the 25,357 aspirants of Bachelor of Management Studies (BMS) have been left wondering whether the course will survive if FYUP is rolled back.

BTech students call off their stir
The only group of students which had been opposing the rollback of the FYUP has called off its protest after an assurance by the University Grants Commission on Tuesday.

Flip-flop: UGC was Delhi University VC cheerleader
Not long ago, UGC chairperson Ved Prakash at a function in DU campus showered praise on VC Dinesh Singh and FYUP.

More Education News»

Mumbai

Fare hike for Mumbai locals rolled back
In a massive relief for lakhs of Mumbai’s suburban railway commuters, the Modi government on Tuesday announced a partial rollback of the unprecedented rail fare hike.

Maharashtra CM offers Campa Cola residents deal to regularize flats
Staring at a possible backlash during the forthcoming assembly elections, chief minister Prithviraj Chavan on Tuesday offered a solution to the residents of Campa Cola that will ensure the 96 illegal flats are not demolished and they return to legal flats.

Don't panic over onion prices yet, says Vashi APMC
Despite the mild shortage in onion arrivals, wholesale traders at the Vashi APMC denied the possibility of retail prices rising to Rs 50-80 per kg as they have in previous years. The traders said there is no cause for panic until August-September, but the situation could evolve if the monsoon is inordinately delayed or scanty

More Mumbai News»

Delhi

Lord Raj Loomba hosts charity dinner for underprivileged widows in Delhi
In an effort to raise funds for underprivileged widows, the Loomba Foundation organised an annual charity dinner recently at a city hotel

Mandi House-Central Secretariat line opens tomorrow
Urban development minister Venkaiah Naidu will flag off the first train from Mandi House station at 9.30am on Thursday, a DMRC official said.

More Delhi News»

Bangalore

BTC is set to gallop to Jakkur stable
With the Jakkur Flying School downing its shutters, the Bangalore Turf Club (BTC) has said it's keen to shift base to Jakkur if the government provides 150 acres of land to construct a race course of international standards.

Mango export: EU team to visit Karnataka in September
Karnataka, one of the major exporters of Alphonso mangoes in the country, is making desperate attempts to revive the exports to the Europen Union (EU) from next season.

Metro Phase 2 by 2019
Phase II of Namma Metro is expected to be completed by 2019, chief minister Siddaramaiah informed the legislative assembly, in a written reply to K Gopalaiah (JD-S).

More Bangalore News»

Hyderabad

Andhra Pradesh assembly urges Centre to complete Polavaram in 3 years
The Andhra Pradesh Assembly urged the Centre to take steps to complete the Polavaram project in three years and bring about a legislation replacing the ordinance to transfer to AP all villages that are expected to get submerged in the backwaters of the project.

Power sharing: SRLDC calls for status quo
In a jolt to Andhra Pradesh, the Southern Load Dispatch Centre based in Bangalore on Tuesday directed both the Telangana and AP governments to maintain status quo on power sharing until the Union power ministry takes a final decision on the same.

ECIL's giant telescope to be transported to Ladakh
A giant Major Atmospheric Cherenkov Experiment (MACE) Gamma- ray Telescope is ready to be transported to Hanle, Ladakh from Hyderabad.

More Hyderabad News»

Chennai

Ramzan: Tamil Nadu govt to allocate 4,500 tonnes of rice to mosques
In a statement, the chief minister said following requests from the Muslim brethren, the government had instructed district collectors to conduct a survey of the mosques and provide rice.

Operation Hamla: Tamil Nadu police nab nine 'terrorists'
Operation Hamla is a two-day anti-terrorist security drill, covering the coastal districts of Tamil Nadu.

CPI cadres block train in Tiruttani to protest against hike in rail fare
Police arrested the protesters and detained them at a Kalyana Mantapam near the railway station.

More Chennai News»

Ahmedabad

Academic session of BCom rescheduled by Gujarat University
The colleges, which were scheduled to commence classes from July 7, will now start their academic calendar from July 17.

Will better work conditions follow reservation order?
A study conducted by a PhD student in 2011 about working condition of constabulary in the state had found that the biggest problem faced by women workforce was non-availability of separate toilet.

Security rehearsal by cops
As the countdown for Rath Yatra procession has started, the city and the state police are not leaving any stone unturned to make the event a success.

More Ahmedabad News»

Allahabad

Traders criticize hike in import duty on sugar
Trader associations of the city have flayed the decision of the central government of increasing the import duty on sugar from 15% to 40% on Tuesday.

Police suspicious over fire in trade tax office, but no FIR yet
The outbreak of fire in the trade tax office located in the second floor of Indira Bhawan has raised many eye brows .Police officials too claimed the incident to be a suspicious one.

Plan to dispose of viscera preserved for over 2 years
As many as 79 samples of viscera preserved by police in cases of suspected poisoning or where the actual cause of death was unknown and lying unattended since 2012, will be disposed of soon.

More Allahabad News»

Bhubaneswar

Four affected by anthrax in Koraput
Four persons have been affected by anthrax in a tribal village of Koraput district.They are Hari Bhagatayat, 55, Sunadhar Sisa, 45, Bulu Kirsani, 48, and Samara Sisa, 30, of Lugum in Lamataput block.

'Bhubaneswar Development Authority silent on illegal buildings'
However, Bhubaneswar Development Authority has not touched 4,025 of them even five years after the orders were issued.

BDA gets applications before it asks
Seventeen people had applied for a BDA housing scheme even before the agency published any notice about it, exposing lack of transparency and equity in the allotment process, the CAG has pointed out.

More Bhubaneswar News»

Bhopal

Embattled Shivraj airdashes to Delhi, presents his case to party brass
He scrapped his weekly cabinet meeting, skipped the national meet of BJP's minority cell in which party vice-president Mukhtar Abbas Naqvi was present, to rush to Delhi.

More trouble for Sharma, now ex-minister booked in cop job scam
STF sought extension of police custody for Mohindra, Trivedi, Mishra and Sen till June 30 in connection with contractual teachers' recruitment scam.

HC hearing in Siddique Hasan case postponed
Madhya Pradesh high court hearing in the Nawab Siddique Hasan Khan Talab case would take place on Wednesday. The matter, listed for Tuesday, has been postponed.

More Bhopal News»

Chandigarh

Bypassing official delays, Baba Seechewal raises bundh in Kala Sabghia drain
After official apathy and fund crunch were delaying the diversion of polluted water from Kala Sanghia drain to sewerage treatment plant with polluted water rather flowing into river Satluj, volunteers led by Baba Balbir Singh Seechewal took a task in their hands and raised a bundh in the drain diverting the dirty water to STP.

GGDSD students documentary best at film fest
'Ankahi Ansuni', a documentary produced by students of department of journalism and mass communication, GGDSD College, Sector 32, has been adjudged best documentary in the third Bangalore Short Film Festival.

Punjabi university to start four new courses
The academic council of Punjabi University on Tuesday gave its approval to start four new courses by the university's Centre for Advanced Media Studies (CAMS).

More Chandigarh News»

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