Will bring widespread rain, 80-90 kmph gale-force winds Parts of coastal Tamil Nadu and Puducherry will begin to get widespread rainfall from Thursday as Cyclone Gaja comes closer to the Tamil Nadu coast. According to officials of the meteorological department, Gaja now lies over the Bay of Bengal, about 510 …
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Endosulfan: Council panel wants waters tested
Committee to submit report to government to alleviate woesof victims The Assurances Committee of the Legislative Council on Wednesday directed the Dakshina Kannada Deputy Commissioner to get the surface and the groundwater of endosulfan-affected areas tested to verify whether they are the still contaminated with the chemical. Chairing a review …
Read More »Yamaha staff agree to end strike
Talks end; company to allow them to report for duty from Friday Employees of Yamaha Motor India Limited, who had abstained from work from September 21, will be allowed to report for duty from Friday. A decision to this effect was arrived at in a meeting convened by the district …
Read More »Allahabad Bank posts loss of Rs. 1,823 crore
Cites higher provisioning, ageing NPAs Allahabad Bank’s net loss narrowed to Rs. 1,822.71 crore from the Rs. 1,944.4 crore loss in the immediately previous quarter. The bank said in a regulatory filing that its losses were due to higher provisioning on account of NCLT-referred accounts and latest RBI guidelines regarding …
Read More »Tata Steel profit surges over threefold
Higher steel prices and consolidation of Bhushan Steel results aid the company Tata Steel Ltd.’s second quarter consolidated net profit rose to Rs. 3,116 crore, the highest in nine years, compared with a net profit of Rs. 1,018 crore in the year-earlier period on higher steel prices and consolidation of …
Read More »Amazon chooses 2 locations for ‘second headquarters’
New York City and a Washington DC suburb chosen Amazon, the online retailing giant, officially announced on Tuesday that it will split its “second headquarters” between New York City and a Washington DC suburb in Northern Virginia. Up to 50,000 jobs and $5 billion in investment are likely to be …
Read More »The mind behind Marvel superheroes
Stan Lee created flawed and relatable icons like Spider-Man and Black Panther Marvel legend Stan Lee, who died on Monday at the age of 95, revolutionised pop culture as the co-creator of iconic superheroes like Spider-Man and The Hulk. He ended up in the comics business by accident, thanks to …
Read More »Navy’s fusion centre to stand independent
Wants IONS members to be part of it The Information Fusion Centre for the Indian Ocean Region (IFC-IOR) being commissioned by the Indian Navy as an adjunct to its Information Management and Analysis Centre (IMAC) in Gurugram will be independent of the Indian Ocean Naval Symposium (IONS) forum, but the …
Read More »Avni: ‘two chances to tranquillise missed’
Forest official wrote on Sept. 20 about lack of coordination Even as this month’s shooting of Avni, the tigress that is said to have killed 13 villagers, remains a subject of intense debate, a letter written by a forest department official to Maharashtra’s Chief Wildlife Warden reveals the disquiet over …
Read More »Binny Bansal resigns as Flipkart CEO
Binny Bansal has announced his resignation as CEO of Flipkart Group, effective immediately, following an independent investigation into an allegation of “serious personal misconduct,” said Walmart Inc. in a statement. “He strongly denies the allegation. Nevertheless, we had a responsibility to ensure the investigation was thorough,” said Walmart. Source : …
Read More »Excitement high as countdown begins for F1H2O Grand Prix
Nine teams from 12 countries reach Amaravati The F1H2O power boat race buzz is growing louder 48 hours ahead of the world championship set to make a splash in River Krishna in Amaravati here. Nine teams comprising 19 Formula 1 drivers and nine Formula 4 drivers from 12 countries have …
Read More »Manipuri man on cycle tour to save deer
Sangai, a brow antlered deer endemic to State, is under threat from poachers With an aim to spread awareness about the importance of protecting ‘Sangai’, a brow antlered deer endemic to Manipur, a local cyclist on Monday embarked on a State-wide bicycle tour. There are less than 260 deer in …
Read More »Report sees climate risk from rise in Indian AC units
Refrigerants are the major contributors to global warming By 2022, India is expected to have a fourth of the world’s air conditioning units, and the risks to climate from this could be immense, according to a report. The refrigerants used for cooling are the major contributors to global warming, and …
Read More »RBI unlikely to open window for NBFCs
‘NBFCs should explore other options’ Amid growing demand for liquidity support for non-banking finance companies, the Reserve Bank of India (RBI) is unlikely to provide any special support to the sector, though it will continue to provide funds to the banking system as liquidity deficit in the system is a …
Read More »IIP growth falters as inflation eases
Industrial production slows to 4.5%; slowing price growth in food, housing cools inflation to 3.31% Growth in industrial activity as measured by the Index of Industrial Production slowed marginally in September to 4.5% due to slowing growth in the manufacturing and capital goods sectors, official data released on Monday showed. …
Read More »Forecast of more snowfall worries farmers in Kashmir
Authorities ready with zone-wise strategy The authorities in Kashmir on Monday geared up to meet any eventuality as the Meteorological Department forecast another spell of wet weather, a week after snowfall inflicted damage worth over Rs. 500 crore on the horticulture sector in the Valley. Sonum Lotus, Director, Meteorological Department, …
Read More »‘Vote bank politics has failed’
People opt for development, says Modi; launches projects for Rs. 2,400 cr. in Varanasi The people of the country are taking decisions based on development and not “politics of vote bank”, Prime Minister Narendra Modi said here on Monday.At an official function in his Lok Sabha constituency, the Prime Minister …
Read More »Forecast of more snowfall worries farmers in Kashmir
Authorities ready with zone-wise strategy The authorities in Kashmir on Monday geared up to meet any eventuality as the Meteorological Department forecast another spell of wet weather, a week after snowfall inflicted damage worth over Rs. 500 crore on the horticulture sector in the Valley. Sonum Lotus, Director, Meteorological Department, …
Read More »Cyclone Gaja may skip Chennai, strike further south
Landfall likely on Thursday between Cuddalore and Pamban Cyclone Gaja is likely to cross the Tamil Nadu coast between Cuddalore district and Pamban, in Ramanathapuram district, in the forenoon of Thursday As on Monday evening, the cyclonic storm lay over the Bay of Bengal, about 720 km east-northeast of Chennai …
Read More »Heavy rain forecast in six districts
Cyclone Gaja gathers strength over Bay of Bengal The weather office has issued an yellow alert indicating isolated heavy rainfall for Kottayam, Idukki, and Palakkad districts on November 15 and 16 under the influence of cyclonic storm Gaja gathering strength over the Bay of Bengal. An orange alert indicating isolated …
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