Sebi toughens disclosure norms for hedge funds to curb speculative trading

Sebi toughens disclosure norms for hedge funds to curb speculative trading As part of its efforts to curb speculative trading, the Securities & Exchange Board of India (Sebi) toughened disclosure rules for hedge funds and other alternative investment funds.

The capital market regulator asked hedge funds and other alternative investment funds to implement an all-inclusive risk management framework and have a sturdy compliance function according to the size, complexity and risk profile of their business.

NASA, ISRO in talks over working together to develop satellite

NASA, ISRO in talks over working together to develop satelliteUnited States' National Aeronautics & Space Administration (NASA) and India's leading space agency Indian Space Research Organisation (ISRO) are in talks for jointly making a satellite.

ISRO K Radhakrishnan revealed that the two space agencies were trying to determine the feasibility of their working together on a satellite capable of operating on two frequency bands: L-band and S-band.

Dangerous to create a state based on agitation: Omar Abdullah

Omar-AbdullahSrinagar, July 30 : Jammu and Kashmir Chief Minister Omar Abdullah said Tuesday the formation of a state based on an agitation will set a "dangerous trend".

Abdullah was speaking on the possible formation of Telangana, a decision on which is expected soon. He said a wrong message will be sent if the state is created.

"Telangana is a state being created on the basis of an agitation. It is not based on the recommendation of any panel or reorganisation commission or something else. I think that is a dangerous trend." Abdullah told reporters on the sidelines of a function here.

Katy Perry quit alcohol to get glowing skin

Katy-PerryLos Angeles, July 30 : Pop star Katy Perry went on a “cleansing” spree to prepare her skin for the cover shoot of US Vogue magazine’s July issue. She gave up alcohol for three months and increased vitamin intake to make her face glow.

Perry featured on the cover of the fashion magazine for the first time, so she put in a lot of effort to glow.

“I did a lot of my own prepping. I kind of went on a cleanse. I did a lot of stuff like vitamins and supplements, I changed my coffee to green tea, I didn't drink alcohol for three months," femalefirst. co. uk quoted the 28-year-old as saying.

HTC One Mini appears in AT&T media photo

HTC One Mini appears in AT&T media photoThe much anticipated, HTC One Mini appeared in a media photo of US telecom service provider, AT&T ahead of its expected launch in the market for the customers.

The Taiwanese Smartphone maker has said that it will release more information about the device soon. The company has not announced the release date, price or the network on which it will be launched in the US. The leaked image suggests that the device will be launched on AT&T's network in the US market.

Apple launches new probe into worker mistreatment

Apple launches new probe into worker mistreatmentTechnology giant, Apple has lauched a new investigation into allegations of worker mistreatment in factories linked to the company in China.

The company is facing criticism over reports that it has benefitted from exploitation of more than 70,000 workers in factories in China that produce Apple products and components. There are allegations that the conditions are even worse than those at Foxconn with reports of employee suicides and excessive working hours.

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