JPMorgan Chase blamed for manipulating energy markets

JPMorgan Chase blamed for manipulating energy marketsThe energy sector regulator in the US has accused financial giant, JPMorgan Chase for its involvement in manipulating the energy markets.

Experts have said that JPMorgan Chase is likely to reach a settlement with the regulator in the country. The Federal Energy Regulatory Commission's accusation against the company comes ahead of a likely settlement involving millions of dollars. The settlement would allow the company to avoid accusations that displayed trading strategies in a way that it showed inefficient power plants into profit centres.

George Clooney played no pranks on Sandra Bullock

George Clooney played no pranks on Sandra BullockLos Angeles, July 30 : Actor George Clooney is known for being a prankster on sets, but while working on the movie "Gravity", he couldn't manage to pull a fast one on his co-star Sandra Bullock because the movie was so tough and kept them busy.

Bullock has revealed that she was excused because of the hectic schedule, reports femalefirst. co. uk .

PM discusses economic issues with industry leaders

Manmohan-SinghNew Delhi, July 29 : Prime Minister Manmohan Singh along with his senior cabinet colleagues met industry leaders Monday to discuss macro-economic problems like slowdown in growth and investment, and rupee depreciation.

Reliance Industries chairman Mukesh Ambani, Infosys chairman N. R. Narayana Murthy, Wipro chairman Azim Premji, Bajaj Group chairman Rahul Bajaj and chiefs of leading industry chambers, among others, attended the meeting held at the prime minister's 7 Race Course Road residence.

BGR Energy promoter Raghupathy dead

B-G-RaghupathyChennai, July 29 : BGR Energy Ltd chairman and managing director B. G. Raghupathy passed away in Singapore Sunday night, said the company. He was 59.

In a statement issued here Monday, the company said Raghupathy passed away suddenly around 10 p. m.

"He was on a business visit to Singapore. As per information available, he developed severe stomach ache and was admitted to a hospital where he breathed his last," a senior company official told IANS.

Official expect the body to reach here Tuesday and funeral to be held later in the evening.

Aircel launches campaign to save tigers

Aircel-save-tiger-campaignNew Delhi, July

Franklin impresses in world swimming championship qualifier

Missy-FranklinBarcelona, July 29 : Missy Franklin's quest to become the first woman to win a World Championship gold medal directly after an Olympic gold in the 100 metres backstroke remains on track as she clocked the fastest time in the heats and booked her place in the semi-final of the event at the Palau St. Jordi here Monday.

Franklin, who won her first gold of the meet in the 4x100 metres freestyle relay Sunday, clocked 59.13 seconds, ahead of Hungary's Katinka Hosszu and Elizabeth Pelton with China's Fu Yuanhui fourth and 2009 bronze medallist Emily Seebohn in fifth, reports Xinhua.

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