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Archive for: June, 2010

Viveka Babajee’s suicide reflects the dark side of the glamour industry

Viveka Babajee’s suicide reflects the dark side of the glamour industry

The world of dazzle and glamour fascinates everyone; however the dark side of it is showing up again and again with a number of models committing suicide. Nafisa Joseph, Kulraj Randhawa and now Viveka Babajee, all these models ended their lives due to disturbed personal and professional life, as per the reports. Viveka Babajee rocked [...]

Monsoon missed date with the city, expected by July first week

Monsoon missed date with the city, expected by July first week

Indian Meteorological Department’s prediction once again went wrong this time, when the officials were optimistic about the normal monsoons this season. According to the reports, the progress of the southwest monsoon has been really patchy and looking at this trend, no rainfall is expected in near future. Now the Indian Meteorological Department has revised its [...]

BCCI might ban Modi for life, but Modi will get a fair chance to rubbish all the claims against him

BCCI might ban Modi for life, but Modi will get a fair chance to rubbish all the claims against him

Secretary of the Indian cricket board, N. Srinivasan cleared the air regarding the July 3 general body meeting and said that suspended IPL chief Lalit Modi will get a chance to prove himself innocent. Srinivasan, in the special general body meeting of June 25, rubbished all the claims made by Modi which said that Srinivasan’s [...]

FM justifies fuel hike, says inflationary pressures would lessen

FM justifies fuel hike, says inflationary pressures would lessen

Finance Minister, Pranab Mukherjee justifies the fuel price hike, but maintained that this would cut down the inflation in mid July. He also said that the rise in fuel price will have certain inflationary pressures but and might have direct impact of 0.9 percent on the existing 10.2 per cent inflation. While talking to the [...]

Clinical Establishment Bill Sparks Controversy

The Clinical Establishment Bill, 2010 which recommended the clinical establishments, doctors and hospitals to treat emergency patients sparked off controversy and led to an intense agitation by the medical practitioners in Ludhiana. In May, 2010, The Union Health and Family Welfare Minister, Ghulam Nabi Azad, presented the bill in Lok Sabha which passed the bill. [...]

EGoM to decide on fuel prices today

With the wide spread speculation in the media regarding the hike in fuel prices, the empowered group of ministers (EGoM) will meet today to decide on the fuel pricing policy. According to the experts this will be a battle of economic versus politics and will be eagerly watched by the markets which are waiting for [...]

RIL’s Jyotindra Thacker to lead Reliance Industries’ Telecom Venture

Mr. Jyotindra Thacker, credited with driving equipment procurement and operations of Reliance Infocomm (now Reliance Communications) during its formative stages, has emerged as the likely choice to head RIL’s latest foray into telecom due to his background in IT and ability to procure equipment in a cost-effective way. Reliance Industries (RIL), India’s largest private sector [...]

RIL and Pioneer Natural Resources announce Eagle ford shale JV

Mukesh Ambani, chairman of Reliance Industries Limited, India’s most valuable private sector corporate, confirmed that the long term association with various US based companies to tap the Shale gas sector will be beneficial for the growth of RIL. Reliance Industries Limited announced that it is planning to have a joint venture with the US-based Pioneer [...]

Tougher norms for flight delay claims proposed by DGCA

Tougher norms for flight delay claims proposed by DGCA

Directorate General of Civil Aviation (DGCA) proposed a new draft which says that air travelers would now be compensated for cancellations or delays on flights. According to the sources the compensation will be rewarded for the flight delays which have not been caused by situations like fog or any other situation which is beyond the [...]

Reliance Industries eying Lyondell again?

Reliance Industries Limited, one of the India’s biggest groups keeps expanding itself globally as well as in the domestic Indian market. Reliance Industries Limited proposed a takeover of LyondellBasell, the third largest independent petrochemical company based in Netherlands last year. However in March, 2010, the company rejected a $14.5-billion takeover offer from RIL. According to [...]

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