In the news
Vijay Mallya has Rs16,440 in hand and Rs12.6-cr frozen deposits
26 Oct 2016
Mallya did not explain where the $40 million he received in February this year as part of $75 million settlement agreed with Diageo has gone
Ratan Tata assures CEOs of stability, continuity
25 Oct 2016
Ratan Tata today addressed concerns that CEOs have raised regarding possible changes and assured them that long term interests of the group will get priority
Cyrus Mistry stands down as Tata Group chairman, Ratan Tata takes over
24 Oct 2016
The decision comes after a series of business shocks, including the undoing of the UK steel business, the fading of Tata Motors passenger vehicle business and the Docomo debacle, all of which combined to erode the market value of India’s best known business group
Clinton now has 6 points lead over Trump in Fox News poll
19 Oct 2016
While Democrat Hillary Rodham Clinton’s lead over Republican Donald J Trump has dropped slightly from 7 points last week to 6 points now, it is still a strong surge from the 2-point lead she had early this month
Former billiards champion Michael Ferreira arrested in QNet scam
19 Oct 2016
QNet Ltd, formerly known as QuestNet, GoldQuest, and QI Limited, a Hong Kong based multi-level marketing company with direct sales on an ecommerce platform, is owned by the QI Group
Apple hires Ruslan Salkhutdinov of Carnegie Mellon to help boost AI efforts
19 Oct 2016
The induction of Slakhutinov as head of AI research at Apple will boost its efforts after Samsung lured away its team behind Siri
Assange’s net access snapped amid Clinton revelations
19 Oct 2016
There is speculation that WikiLeaks founder Julius Assange’s ties with Ecuador may be getting strained as his internet access at the nation’s London embassy was cut off midway through damaging disclosures about US presidential candidate Hillary Clinton
Thailand’s beloved king Bhumibol Adulyadej passes away
13 Oct 2016
The world’s longest-reigning, the world’s richest and the most adorned (at least among his own subjects), Bhumibol staved off numerous catastrophes through intelligence, fortitude and his love for the country
American singer-poet Bob Dylan wins Nobel Prize in Literature
13 Oct 2016
"Bob Dylan writes poetry for the ear," Sara Danius, permanent secretary of the Swedish Academy said, adding, "It's perfectly fine to read his works as poetry" as well
Oliver Hart and Bengt Holmström share Economics Nobel
10 Oct 2016
Oliver Hart from Harward and Bengt Holmström from MIT, have developed comprehensive theories on contract that "are valuable to the understanding of real-life contracts and institutions, as well as potential pitfalls in contract design"
Pakistan's ISI chief likely to be replaced soon: Report
08 Oct 2016
The move to shift out the incumbent ISI chief is widely seen as a fallout of the ISI's failure to detect India's plans against the terror camps within PoK and elsewhere
Nobel Peace Prize for Colombian President Juan Manuel Santos
07 Oct 2016
President Santos initiated the negotiations that culminated in the peace accord between the Colombian government and the FARC guerrillas, and he persevered to move the peace process forward although voters rejected it in a referendum
Portugal's Antonio Guterres to be next UN Secretary-General
06 Oct 2016
Ambassador Vitaly Churkin of Russia announced the decision at a press conference in New York attended by representatives of all 15 Security Council member states, including his American counterpart Samantha Power
Three share 2016 Nobel Prize in Chemistry
05 Oct 2016
This year's winners of the Nobel Prize in Chemistry - Jean-Pierre Sauvage, Sir J Fraser Stoddart and Bernard L Feringa - have developed the world's smallest machines – molecular machines with controllable movements, which can perform a task when energy is added
Three British scientists share Physics Nobel
04 Oct 2016
Discoveries by David Thouless, Duncan Haldane and Michael Kosterlitz helped illuminate how in some realms matter can exist in strange states, and in doing so helped scientists work with new forms of materials
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