Embattled real estate firm Unitech Ltd. was on Wednesday directed by the Supreme Court to deposit Rs. 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurugram project but not got possession on time. “We feel pained,” a Bench of Justices Dipak Misra ... Read More »
The island of Rameswaram off southern Tamil Nadu holds cultural significance for worshippers of Rama. It is from here, the faithful believe, that Rama and his army of monkeys built a bridge to Sri Lanka to march across to vanquish the demon king Ravana and retrieve the abducted Sita. Agnostics ... Read More »
Agreeing to apply its judicial mind on the raging cow debate, the Supreme Court on Wednesday agreed to decide on whether ban on mere possession of bovine meat is unconstitutional and infringes on the right to privacy and choice of food of a citizen. A Bench of justices A.K. Sikri ... Read More »
European shares close lower A number of disappointing company results – from brewer Carlsberg, Austrian brickmaker Wienerberger and insurer Admiral – helped send stock markets into negative territory. Investors were also nervous ahead of the latest US Federal Reserve minutes, and what they might hint about the course of interest ... Read More »
Brexit means Brexit is the slogan of Theresa May’s new government, but more than a month after the seismic decision to leave the EU, no one knows what Brexit means. Only one thing is sure – unpicking Britain’s membership will be a monumental task requiring years of arduous and painstaking ... Read More »
Francis Tseng’s simulator game invites you to “grow your startup and please those investors until there’s nothing left to give” by building biotech, defense, machine learning, cloud computing, drone and space companies with a crew of employees whose low wages can be mitigated with bulletproof coffee and whose products can ... Read More »
At least 13 persons were killed in the past 24 hours in rain related incidents in Uttar Pradesh, a home department official said on Wednesday. It has been raining heavily in most parts of central and eastern Uttar Pradesh since Tuesday evening, leading to water logging, caving in of houses ... Read More »
Google has launched a new space for YouTubers at its UK headquarters in London’s King’s Cross. Space London, which opened on Tuesday, includes three soundproof studios, editing suites and a store for YouTubers to sell their merchandise. It also has a community area with a barista bar. The 20,000 square ... Read More »
Bahujan Samaj Party chief Mayawati on Wednesday urged the Election Commission to declare the Uttar Pradesh Assembly elections early, by January-February next year. Ms. Mayawati argued that the family feud within the ruling Samajwadi Party and the “jungle raj” in the State would lead to “chaos” in governance in the ... Read More »
Chip maker Intel and British semiconductor IP company ARM announced an agreement that could help boost the chip giant’s custom foundry business. The deal, revealed today at the the Intel Developer Forum in San Francisco, will allow Intel Custom Foundry to make ARM processors for third parties. Intel’s latest earnings announcement ... Read More »
Lobbing the ball for dialogue back into Pakistan’s court, India said that Foreign Secretary S. Jaishankar was “willing” to travel to Islamabad to discuss “cross-border terror in Kashmir”, but not to discuss Kashmir itself, as Pakistan had proposed. In a letter handed over to Pakistan’s Foreign Secretary Aizaz Ahmad Chaudhury ... Read More »
Gawker Media has been sold — and with the sale comes questions of what happens next. Late Tuesday, Univision purchased the media company for $135 million following a bidding war with Ziff Davis. With the $140 million verdict from the Hulk Hogan trial hanging over the company, and with Gawker’s ... Read More »
