MUMBAI: At least two employees at Tata Group firms earn more than their chairman, Cyrus Mistry . In the financial year ended on March 31, 2015, Tata Consultancy Services CEO N Chandrasekaran was paid Rs 21.28 crore, compared with Rs 16.25 crore Mistry earned in commission, salaries and other allowances, ... Read More »
NEW YORK, March 28 — Crude oil prices traded slightly lower early Monday as supply strains built up against expectations of some form of cut from major producers next month. The Iranian Oil Ministry’s news website Shana reports Iran exported around 14 million barrels of crude oil to European buyers ... Read More »
MONDAY, March 28, 2016 — The percentage of the world’s population aged 65 and older is expected to double by 2050, a new report says. People who are 65 and older now make up 8.5 percent of people (617 million) worldwide. By 2050, they are expected to represent nearly 17 ... Read More »
WASHINGTON, March 29 —Oklahoma’s governor defended the state response to the seismic activity attributed to oil and gas development against a federal report on the hazard. “Oklahoma remains committed to doing whatever is necessary to reduce seismicity in the state,” Gov. Mary Fallin said in a statement. Her comments followed ... Read More »
MONDAY, March 28, 2016 — A vest containing a defibrillator may be an option for some heart patients who can’t use an implantable defibrillator — the device that can shock the heart back to a proper rhythm if needed. That’s the conclusion of the first science advisory on the devices ... Read More »
WASHINGTON, March 29 —Ongoing preparation for the processing of a summer blend of gasoline is behind the steady increase in retail gasoline prices, analysis finds. Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline at $2.04 for Tuesday, a slight increase from the ... Read More »
STANFORD, Calif., March 28 — Researchers found a drug discarded by the company GlaxoSmithKline because of side effects during clinical trials helped human cells fight off two viruses, according to a new study. The drug GSK983 helped cells in the lab fight off the viruses that cause dengue fever and ... Read More »
MOSCOW, March 29 — The head of Russian oil company Rosneft told the president that investments for the year will be 30 percent higher despite the pressure from low oil prices. Russian President Vladimir Putin met in Moscow with Igor Sechin, the director of state-controlled oil company Rosneft, to review ... Read More »
MONDAY, March 28, 2016 — Acupuncture can help alleviate the often-debilitating hot flashes that afflict many breast cancer patients, new Italian research says. Noting that hot flashes are a fact of life for many women with breast cancer, the investigators found that pairing lifestyle advice with weekly acupuncture sessions dramatically ... Read More »
OSLO, Norway, March 29 —Norwegian oil services company Aker Solutions said it secured a deal to help British energy company BP advance its global oil and natural gas portfolio. Aker said BP handed a five-year fixed contract over to cover subsea services for the British company’s global holdings in offshore ... Read More »
MONDAY, March 28, 2016 — Funding for graduate medical education (GME) for doctors-in-training needs to be changed to deal with a shortage of pediatric specialists, the American Academy of Pediatrics says in an updated policy statement. This shortage comes at a time when a growing number of American children have ... Read More »
LONDON, March 29 — Chinese proclamations on coal consumption and the corresponding decline in carbon emissions may be off the mark, a journal study found. A recent report from the Brookings Institution stated coal use in China may have peaked and is starting to slow down as the country shifts ... Read More »
