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The Pakistani Law Ministry looks determined to block the reopening of Swiss corruption cases against President Asif Zardari and others, despite being warned by the Supreme Court about the implementation of the NRO verdict.

NAB chairman is facing the wrath of the Supreme Court for not implementing the two-month-old NRO verdict, reported The News.

Law Ministry is sitting on the issue of reopening of foreign cases and is not responding to NAB’s request on the matter.
 

Stephen Smith, Australia's foreign minister, has finally expressed a satisfactory view on the security arrangements of India for the athletes from Australia during the Commonwealth games. India had received terror threats from various terrorist organizations, if they host any sporting event.

Though Indian home minister P. Chidambaram had already promised a secure and safe trip to any sportsperson visiting the country, the Australian ministry decided to verify the security arrangements. Few of the Australian athletes and sportspersons like Shane Warne have already raised security concerns regarding their stay in India.

Straight from horse's mouth - it comes as a word of caution from World

Coal India Ltd - is likely to come out with its Initial Public Offer (IPO) of shares by August this year, a company functionary said.

After meeting SEBI officials in Mumbai, Partha S. Bhattacharyya, Coal India Chairman, stated, "We discussed the tentative timeline with SEBI (Securities and Exchange Board of India) Friday."

Mr. Partha added that the Draft Red Herring Prospectus would be registered by June.

The issue of giving shares to employees was also discussed and settled during the conference.

The latest finding according to a US research has hinted that people who take ibuprofen on customary basis may lessen their risk of developing Parkinson's disease.

The research entailed 136,474 people who did not suffer of Parkinson's disease at the start of the study. They were inquired about their use of non-steroid anti-inflammatory drugs (NSAIDs), including aspirin, ibuprofen and acetaminophen. After a span of six years it was seen that 293 participants had developed Parkinson's disease.

After LyondellBasell Industries (LBI) settled the dispute with the unsecured creditors there had been speculations RIL might back out from the race to acquire the petrochemical giant. LBI, following the settlement with their unsecured creditors had called in for higher bids.

RIL who had made an earlier offer of $13.5 billion would now have to raise it close $15 billion to just stay in the race. RIL is also exploring other options like the stock and cash option apart from raising the bid.