As a commentator, he covered 9 Olympics & 6 Asian Games Renowned hindi commentator Jasdev Singh passed away on Tuesday after prolonged illness. Jasdev was 87 and is survived by a son and daughter. “It is with deep sadness that I note the demise of Sh. Jasdev Singh, one of …
Read More »Daily Archives: September 26, 2018
Rock band sets protest tune atop a palm oil tank
Greenpeace activists on Tuesday scaled storage tanks at an Indonesian palm oil refinery along with a popular rock band which played pro-environment songs, protesting against a commodity found in everything from soap to biscuits. The green group said 30 activists and Indonesian metal group Boomerang had been “occupying” the site …
Read More »India ranks 158th in ‘human capital’ score, behind Sudan
India ranks 158th in the world for its investments in education and health care, according to the first-ever scientific study ranking countries for their levels of investment in human capital. The nation is placed behind Sudan (ranked 157th) and ahead of Namibia (ranked 159th) in the list. The U.S. is …
Read More »Exploring the life and struggles of a tribal transgender
Udalazhamtells the story of A. Raju who was born in a tribal settlement inside the Nilambur forest in Kerala While the country continues to debate social exclusion and marginalisation of the third gender, the life and struggles of Kerala’s only known tribal transgender, who died seven months ago, is now …
Read More »Apex court wants government to fill SAT vacancies quickly
The Supreme Court wants the government to quickly fill the vacancies at the Securities Appellate Tribunal (SAT), which is an important appellate body for filing appeals against orders passed by the capital market, insurance and pension regulators. While hearing an appeal filed by Quantum Securities, the apex court highlighted the …
Read More »Short-term power volume at new high as demand surges
Short-term power trading volumes for delivery, on Tuesday, hit an all-time high of 268.3 million units (MU) at the Indian Energy Exchange, in the wake of a surge in demand for electricity in the eastern, southern and western States mainly due to inadequate supply of coal and decrease in wind …
Read More »Liquidity crisis hits NBFC stocks hard
Concerns related to IL&FS has made investors turn wary of the whole sector The recent sell-off in the shares of non-banking financial companies (NBFCs) and housing finance companies (HFCs) has been so severe that some of the sector constituents are currently trading at a discount of over 50% when compared …
Read More »IL&FS, 40 group firms knock on NCLT doors seeking relief
Infrastructure Finance & Leasing Services, which is facing a severe cash crunch, along with 40 other group companies, filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking relief under Section 230 of the Companies Act. By moving NCLT, IL&FS can get more time to …
Read More »Microsoft, Adobe, SAP in data alliance
Microsoft, Adobe Systems and SAP have formed an alliance to offer clients using their applications a unified view of data on their respective end-customers. “There is a big data opportunity. But we have a small data challenge,” said Microsoft CEO Satya Nadella at the annual Ignite conference of the IT …
Read More »EU announces legal entity to maintain business with Iran
The European Union (EU) said on Monday that its members would set up a payment system to allow oil companies and businesses to continue trading with Iran in a bid to evade U.S. sanctions. Iran and the European Union (EU) announced their defiance towards U.S. President Donald Trump’s administration after …
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