[wanabidii] News Digest: PolicyBazaar to raise Rs 300 cr at valuation of Rs 1,200 cr

Monday, March 09, 2015
THE TIMES OF INDIA
Monday, March 09, 2015
Today's Headlines

PolicyBazaar to raise Rs 300 cr at valuation of Rs 1,200 cr
Online insurance aggregator PolicyBazaar is closing a Rs 300-crore financing round led by PremjiInvest, the family office of Wipro’s Azim Premji, with another new investor, Steadview Capital, coming on board, sources close to the matter said.

Quikr set to enter billion-dollar club
Tiger Global is leading a $150-million (Rs 950 crore approximately) financing round in online classifieds major Quikr, valuing it at a billion dollars post the investment, people familiar with the development told TOI.

Draw of lots to decide tenure of 5 bank board members
In a first-of-its-kind selection process, the government will decide on the tenure of five wise men to keep tabs on state-run banks — including selecting chiefs, working out their strategy and M&A — through a draw of lots.

More Business News»

'Man-made' climate change a major woman's problem
Men and women may not always be on the same footing but you would think both sexes would be equal in the face of gigantic floods, typhoons or droughts. Think again.

Ringling elephants say goodbye to the circus
Across America through the decades, children of all ages delighted in the arrival of the circus, with its retinue of clowns, acrobats and, most especially, elephants.

EU pledges to cut its emission by 40% by 2030
A week after Switzerland took lead by becoming the first country to submit its post-2020 climate action plan, the European Union on Friday submitted its Intended Nationally Determined Contribution (INDC) pledging that this group of 28 countries would work to reduce domestic emission of greenhouse gases by 40% from their 1990 level by the year 2030.

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Women with hormonal problems prone to diabetes: AIIMS
Women suffering from Polycystic Ovary Syndrome (PCOS), a problem in which a woman's hormones are out of balance, are highly prone to diabetes, a study by the All India Institute of Medical Science (AIIMS) said on Saturday.

Snoring can lead to glaucoma: Experts
Besides creating nuisance to those around you, snoring can aggravate glaucoma-optic nerve damage associated with the buildup of pressure in the eye-leading to loss of vision, experts said.

NASA spacecraft creates history, enters dwarf planet's orbit
NASA's Dawn spacecraft has become the first mission to achieve orbit around a dwarf planet called Ceres.

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Online error: 50 HSC students miss paper in Aurangabad
At least 50 Higher Secondary Certificate (HSC) Arts students missed their exam for the Textiles subject on Saturday, as the timing on the online time-table differed from the actual timing mentioned in the hard copy circulated by the state board.

LSR may welcome other college-goers
Lady Shri Ram College may open its doors to college-goers who aren't on its rolls for pursuing short-term courses.

Government will crack down on schools charging more fees
The department of public instruction in Dakshina Kannada district is gearing up to prevent charging of excessive fees and to check violations during admission in private schools for the 2015-16 academic year.

More Education News»

Rlys to pay 50,000 after TC fines man with waitlist ticket
Batting for the rights of commuters, the apex consumer body recently upheld a state commission order directing Northern Railways to pay a compensation of Rs 50,000 to a waitlisted CRPF officer, H Singh, who had to endure harassment at the hands of a ticket-checker who demanded excess money to allot him one of the four vacant seats on a Rajdhani train in 2002.

New DC rules will kill high-rise panel
With the new development control regulations (DCR) spelling out the permissible height of a building along a road according to its width, the high-rise committee may become redundant, civic officials said.

Problems at RTO begins where online problems end
The problems at the RTO start where the online problems end. Appointments for permanent driving test can be as late as six months and officials are now demanding there should be more slots -- 400 instead of 230 -- to clear the backlog.

More Mumbai News»

HC rejects marital rape petition for live-in ties
Saying that protection granted to a husband from charges of marital rape can't be extended to men in live-in relationships, the Delhi high court has dismissed a PIL on the subject.

Kiran Sethi felicitated on international women's day
Nicknamed "karate woman", sub-inspector Kiran Sethi is no ordinary officer.

Delhi government pledges security, protection of women
Delhi government on Sunday celebrated International Women's Day by announcing a slew of measures for better security and protection of women.

More Delhi News»

Students lead the battle to save Bengaluru's Varthur Lake
It was the view of Varthur Lake from the balcony that enticed Lathika Menon to move into an apartment in Whitefield three years ago.

Helpless kin of the Bengaluru techie waited for news, miles away
The plight of a man who hears over phone his wife pleading with her killer or killers that she be spared could not be explained in words.

Prabha missed her daughter and was yearning to return home
Meghana was only six years old when her mother Prabha Arun Kumar left for Australia on a project that was to finish in a year.

More Bangalore News»

Common governor of two states impresses with uncanny abilities
His Excellency ESL Narasimhan, who has just completed nine months in office as common governor of the states of Telangana and Andhra Pradesh, has been handling his job with uncanny abilities.

Kids rescue homes face space crunch
Kids rescued from old city bangle units put up in function hall

Much-awaited verdict in Satyam fraud case today
A special court here is slated to pronounce the much-awaited judgment in the multi-crore accounting fraud in the erstwhile Satyam Computer Services Limited (SCSL) today.

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Amdavadis pick laser for post-Holi repairs
For IIT-Gandhinagar student Neha Shah, going wild was inevitable on Holi. But her skin has faced the brunt of fun and frolic.

Gujarat swimmers shine at National Schools
Gujarat swimmers set the pool on fire and fished out as many as 10 gold, 10 silver and five bronze medals from the recently concluded 60th National School Games held in Rajkot recently.

Fitter and faster Maana in the making
Winning is a habit, they say. Ahmedabad’s teenage swimming sensation Maana Patel appears to have developed this habit since 2012 when she first started her rather extended winning streak.

More Ahmedabad News»

UPSRTC yet to construct four proposed bus depots
Uttar Pradesh State Road Transport Corporation, which has recently proposed 500 high-end buses and four bus terminus for public transport under Smart City project, is still to built four bus depots and a workshop to park 130 buses presently plying in the city under Jawaharlal Nehru Urban Renewal Mission (JNNURM).

MIM to contest Bihar, UP assembly polls
After having enrolled around two lakh active members, All India Majlis-e-Ittehadul Muslimeen (AIMIM) is making a sincere effort towards creating a base in 56 districts of the state. The party has already set up an organizational structure in these 56 districts under its expansion plan.

Chowkidars to be eyes & ears of police in rural areas
The district police are once again falling back on age-old practice of chowkidars to checking spiraling crime in rural and semi-urban areas of the district. They are not only roping in village watchmen as their ‘eyes and ears’ in villages but are also encouraging people with clean image to act as ‘vigilant eyes’ in trouble-prone areas.

More Allahabad News»

Liquor shop e-Auction from Mar 23
The state government will conduct e-Auction of IMFL off shops and country spirit units on March 23. The e-Auction will held on pilot basis in Balasore and Cuttack for 175 liquor shops.

BDA askedto promote fly-ash bricks
The Odisha State Pollution Control Board has directed the Bhubaneswar Development Authority (BDA) to promote use of fly-ash bricks in construction work.

2nd encounter in a week, criminal held
Police arrested a history-sheeter, wanted in 11 serious offences in Odisha and Jharkhand, following an exchange of fire at Ghatikia here in the early hours of Sunday.

More Bhubaneswar News»

Cultural extravaganza at Bhopal School of Social Sciences
The three-day long cultural extravaganza at the Bhopal School of Social Sciences saw the students present a truly vibrant picture of India.

Richa Verma becomes first woman to head NCC unit in Madhya Pradesh
From building warships, Lt Commander Richa Verma has now donned a new avatar - training naval cadets.

Air ballooning expedition flagged off from Mhow
Infantry School deputy commandant and Chief Instructor Maj Gen JK Marwal flagged off the last phase of Indian Army Hot Air Ballooning Expedition in Mhow on Sunday morning.

More Bhopal News»

Girls defy Patiala varsity Holi ban
Fighting for their right to celebrate Holi freely like boys, girls barred inside a hostel of Punjabi University in Patiala broke out.

Woman quota reaches HC
Just a day ahead of Women's Day, a petition was filed in the Punjab and Haryana high court on Saturday seeking to quash the Punjab government's decision to reserve the post of Mohali municipal corporation mayor for women.

Nirbhaya's plight moves Chandigarh lad to create anti-rape band
Just when a soon-to-be released documentary featuring interview of the December 2012 gang rape accused was making news, Chitkara University's Abhinav S Verma thought of creating a device - taking a cue from something he was already working on - that can send distress signals in the event of a rape.

More Chandigarh News»

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