If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champagne corks popping in boardrooms are running into antitrust problems and, in the case of pharmaceutical firm Pfizer Inc’s (PFE.N) $160 billion takeover of ... Read More »
Two militants were killed in a gun battle with security forces in south Kashmir’s Shopian district early Thursday. “Two militants were killed in an encounter with security forces in the wee hours today,” a senior Army official said. “The operation is still underway,” the official said. [Source:- The Hindu ] Read More »
The dollar’s fall against the yen deepened on Thursday after minutes of the U.S. Federal Reserve’s most recent policy meeting offered little optimism over the state of global growth and the prospect of a rise in interest rates in June. The U.S. currency .DXY, hammered since late March by the ... Read More »
George Mason University in Virginia said its law school would be called the Antonin Scalia School of Law. The eagle-eyed immediately took to Twitter to point out that the acronym would be ASSoL. The university has since renamed it as the Antonin Scalia Law School. Image copyright@vijayprashad Image copyright@99percentsassy In ... Read More »
LOS ANGELES, April 6 — Researchers at the University of California Los Angeles created a platform to help doctors determine the right drugs and doses for patients based on their unique biological traits, according to a new study. The technological platform the researchers designed, Phenotypic Personalized Medicine, helped transplant doctors ... Read More »
With the banks outrightly rejecting two offers made by businessman Vijay Mallya towards payment of dues totally worth Rs. 9000 crore, the Supreme Court on Thursday ordered him to file an affidavit on oath disclosing all assets as on March 31, 2016 in India and abroad, not only in his ... Read More »
WEDNESDAY, April 6, 2016 — The Obama administration is shifting $589 million in funding to prepare for likely outbreaks of Zika virus in the United States during the upcoming mosquito season, senior officials announced Wednesday. The money includes $510 million originally intended for fighting the Ebola virus, which officials said ... Read More »
Global distressed asset buyers such as JC Flowers & Co and Apollo Global are flocking to India, where banks have been ordered to clean up an estimated $120 billion of bad and troubled loans. Bad loans at Indian banks jumped by nearly a third to around 4 trillion rupees ($60.3 ... Read More »
One head teacher decided “all reading can be done on iPads,” a delegate told the Association of Teachers and Lecturers’ annual conference. The union voted to lobby for libraries to be included in Ofsted inspections. A Department for Education spokeswoman said that school libraries “played a vital role”. Cathy Tattersfield ... Read More »
WEDNESDAY, April 6, 2016 — Despite initial concern from early studies, taking the epilepsy drug lamotrigine (Lamictal) during pregnancy may not raise the risk for certain birth defects, a large new study finds. “An initial study of this drug showed an increased risk for cleft lip or cleft palate, but ... Read More »
PARIS: France will put Panama back on its list of countries that do not cooperate in efforts to track down tax dodgers, finance minister Michel Sapin said in the wake of the Panama Papers revelations. “France has decided to put Panama back on the list of uncooperative countries, with all ... Read More »
The annual fee for undergraduate courses at IITs has been hiked by more than double, sources in the Human Resource Development (HRD) Ministry said on Thursday. The annual fee has been hiked from Rs. 90,000 to Rs. 2 lakh. Confirming the development, a senior official at HRD Ministry said: “The ... Read More »
