$1.25 bn loan from Cairn India win-win for both: Vedanta

VedantaNew Delhi: Vedanta Resources on Tuesday attempted to play down the Cairn India USD 1.25 billion loan issue, saying the move is a win-win for both the firms and was done following existing rules and regulations.

Creating concern among investors, Cairn India loaned out USD 1.25 billion to parent Vedanta Resources and has already disbursed USD 800 million at an interest rate of three percent above LIBOR for a period of two years.


Tomato prices remain high at Rs 80/kg

TomatoNew Delhi: Tomato prices continue to remain high at Rs 80 per kg in retail markets of national capital region on short supplies.

In the wholesale market of Azadpur, tomato - a key kitchen ingriedent - is available at Rs 30-40 per kg depending on the quality.

At Mother Dairy's Safal outlets, tomatoes are being sold at Rs 56 per kg, but the local vendors are charging anything between Rs 70-80 per kg.

"The tomato prices are still ruling at Rs 56 per kg as supplies continue to remain under stress," Mother Dairy's Fruit and Vegetable Business Head Pradipta Sahoo told PTI when asked about the reason for spike in price of the commodity.


CWG 2014: Harpreet Singh bags silver in men's 25m rapid fire pistol

Harpreet-SinghGlasgow: Shooter Harpreet Singh survived two rounds of nerve-wrecking shoot-off and brushed aside a penalty point docked on him to claim silver in the men`s 25m rapid fire pistol event of the Commonswealth Games here on Tuesday.

33-year-old Harpreet from Haryana saved India from disaster by bagging the silver after Olympic silver medallist Vijay Kumar failed to qualify for the final round after finishing seventh in the qualification round at the Barry Buddon Shooting Center. Only the top six in the qualification round qualify for the final.


Bajaj Allianz GI plans 4,000 virtual offices in 2-3 years

Bajaj-AllianzMumbai: Bajaj Allianz General Insurance on Tuesday said it plans to open over 4,000 virtual offices spread across Tier 2 and 3 cities over the next 2-3 years.

The Pune-based private company, one of the key players in general insurance space, has already launched a dozen such offices on a pilot basis.

"We are looking at opening more than 4,000 virtual offices across Tier 2 and 3 cities of the country within the next 2-3 years. We have already launched 12 such offices in Pune and Bangalore on a pilot basis and our experience has been good so far," Bajaj Allianz GI Managing Director and CEO Tapan Singhel said.


Ranbaxy Q1 net loss narrows to Rs 185.92 cr

RanbaxyNew Delhi: Drug firm Ranbaxy Laboratories on Tuesday reported consolidated net loss of Rs 185.92 crore for the quarter ended June 30, 2014.

The company had posted a net loss of Rs 524.24 crore for the corresponding period of the previous fiscal, Ranbaxy Laboratories said in a statement.

Consolidated net sales of the company stood at Rs 2,372.24 crore for the quarter under consideration as against Rs 2,583.94 crore for the same period year ago.

Branded and OTC category accounted for 58 per cent of total sales during the quarter at Rs 1,370 crore. Generics and others category recorded Rs 1,000 crore of sales for the quarter, it added.


FDI in telecom jumps manifold to $1.5 bn in Apr-May

FDI-in-telecomNew Delhi: After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to USD 1.5 billion in the first two-months of the 2014-15 fiscal.

In 2013-14, the sector has received total FDI of USD 1.3 billion.

FDI in the telecom sector, which includes radio paging, cellular mobile, basic telephone services, attracted only USD 9 million during April-May period of the last fiscal, as per the Department of Industrial Policy and Promotion.


Kajol to act in woman-centric film produced by Ajay Devgn

KajolMumbai: Actress Kajol, who was last seen in Karan Johar`s 2010 movie `My Name Is Khan`, will be making a comeback with a woman-centric film to be produced by her husband actor Ajay Devgn.

"Kajol will be doing a film this year. It will hopefully go on floors from October end. It will be produced by me and directed by (ad filmmaker) Ram Madhvani," Ajay told reporters.

When asked about reports that the film will be a mature love story, Ajay said, "We cannot reveal the subject. It is a woman-centric film. We are looking for a hero. I would only be producing the film... I won`t be part of it."


Manish Tiwari on Supreme Court collegium issue

Manish-TiwariNew Delhi, 29 July, : Manish Tiwari a leader of Indian National Congress while expressing his views on Supreme court collegium matter said, "At different points in time we have experimented with different systems of judicial appointments".

He told ANI that, "There was a time when there was certain kind of preponderance of the executives, and then it was replaced by a preponderance of judiciary. There were question marks raised over the efficacy of both these systems."


New combination of pills curing hepatitis C patients revealed

combination-of-pillWashington, July 29 : A new study has revealed a combination of pills that cures 9 of 10 hepatitis C patients and is well tolerated by patients.

Researchers from the University of Texas Health Science Center at San Antonio found the combination of the drugs sofosbuvir and simeprevir, with or without ribavirin that cured 93 percent of patients in 12 weeks.

Lead researcher, Eric Lawitz, said that they were now in the midst of a paradigm shift of moving away from complicated injection regimens that included interferon and often caused significant side effects with modest success rates.


Google can predict stock market crashes: Study

Google-predict-stock-marketLondon: A rise in Google searches for terms relating to business and politics can predict a future stock market crash, researchers have claimed.

A team of researchers from Warwick Business School in the UK and Boston University in the US has developed a method to automatically identify topics that people search for on Google before subsequent stock market falls.

Applied to data between 2004 and 2012, the method shows that increases in searches for business and politics preceded falls in the stock market.


Bharti Airtel Q1 net profit rises 60.9% to Rs 1,108 crore

Bharti-AirtelNew Delhi: The country's largest mobile operator, Bharti Airtel, on Tuesday reported a jump of 60.9 percent in consolidated net profit to Rs 1,108 crore for the quarter ended June 2014 on growth in mobile data revenue.

The company had reported a net profit of Rs 689 crore in the corresponding period of last fiscal, it said in a statement.

The company's total revenue rose 13.3 percent to Rs 22,962 crore for the reported quarter as compared to Rs 20,264 crore in the corresponding period.


Facebook urges users to install Messenger

Facebook-MessengerWashington, July 29 : Facebook is once again reminding users everywhere about the pending change and urging them to download Messenger.

Users who haven't installed the app yet will likely see a notice resembling the one below over the coming days, The Verge reported.

Facebook isn't yet forcing anyone to make the switch; it says there will be several notices before messages are finally unbundled for good. But that step is fast approaching. Desktop users don't need to worry about this, since chat will remain there in the same place as always, report said.


KiM K gets sands rubbed by assistants during 'sexy' photoshoot

Kim-KLondon, July 29 (ANI): Kim Kardashian was seen with her two assistants in the latest episode of 'Keeping Up With The Kardashians', where the two could be seen using a hand each to rub the sand onto her bare behind in a sexy photoshoot in Thailand earlier this year.

The 33-year-old reality TV star stripped down to the smallest pair of bottom hungry bikini bottoms wto pose seductively for the sultry shots, the Mirror reported.

Kardashian admitted the orange two piece was on the dangerously skimpy side, saying that her vagina was hanging out. (ANI)


New species of mayfly discovered in peninsular India

mayflyWashington, July 29 : Scientists have discovered a new species of mayfly in the southern Western Ghats in peninsular India.

The new species has been named Labiobaetis soldani in honor of Dr. T. Soldan for his substantial contribution to the understanding of the Ephemeroptera of Palaearctic and Oriental realms.

Labiobaetis soldani is closely related to Labiobaetis pulchellus, which has been described from Sri Lanka in the larval stage, and have light-brown heads with light-yellow antennae, and they grow to be about 4-5 millimeters in length.


Now, save your 'keys' with new app 'KeyMe'

KeyMe-AppWashington, July 29 : A new app introduced in iPhone, named KeyMe, lets users save their keys by scanning them via their phones' camera.

The app, KeyMe, uses the phone's camera to scan the keys and save them to your digital keychain.

From there, one can get the keys made at one of their self-service kiosks.

Users can save several keys in a digital keychain provided in the app. (ANI)


NASA's Cassini spacecraft identifies 101 geysers on icy Saturn moon

Cassini-spacecraft-EnceladusWashington, July 29 : NASA's Cassini spacecraft has identified 101 distinct geysers erupting on Saturn's icy moon Enceladus.

The researchers analyzed the mission data which suggests that it is possible for liquid water to reach from the moon's underground sea all the way to its surface

Cassini's cameras have been surveying the south polar terrain of the small moon for the last seven years and have found 101 geysers erupting from one of the tiger stripe fractures.


More physical activities help reduce obesity risk

physical-activitiesWashington, July 29 : A study has revealed that more physical activity and lesser idle-sitting may reduce the risk of long term obesity.

This research by UCL (University College London) suggested that physical activity and sitting time (or 'sedentariness') were two common lifestyle-related behaviours that are associated with obesity and metabolic health, as well as with chronic diseases such as type 2 diabetes and cardiovascular disease, and with all-cause mortality.


Running for 5 mins daily may add years to your life

RunningWashington, July 29 :  A new study has revealed that daily running helps in reducing risks of cardiovascular diseases that might lead to death, regardless of duration and speed.

It was found that running for only a few minutes a day or at slow speeds might significantly reduce a person's risk of death from cardiovascular disease compared to someone who does not run.


'Perfect sequence of events' behind dinosaurs extinction revealed

dinosaurs-extinctionWashington, July 29 : A new study has revealed that dinosaurs were killed by a series of changes in the climate and environment such as changing sea levels, varying temperatures and extensive volcanic activity that ultimately created a perfect storm.

The research conducted by Universities of Edinburgh and Birmingham in collaboration with the University of Oxford, Imperial College London, Baylor University, and University College London showed that the storm weakened dinosaurs' food chains and completely wiped them.


England defends Moeen Ali for wearing pro-Gaza wristbands during third Test

Moeen-Ali-Save-Gaza-wristbandsLondon, July 29 : England has defended their all-rounder Moeen Ali for showing his support for Gaza by wearing wristbands during the third Test with India .

Ali, who plays for county club Worcestershire, wore bands saying 'Free Palestine' and 'Save Gaza' on the second day in Southampton.

International Cricket Council (ICC) regulations state that players should not wear messages relating to 'political, religious or racial activities', The BBC reported.

The ICC is investigating the matter but the England and Wales Cricket Board (ECB) said that Ali has done nothing wrong.


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