Friday

19th SEPTEMBER 2014

After nearly a year of vacillating over the protection status of Kappatagudda hills in Gadag, the State government has dropped the Forest Department’s proposal to declare the bio-diversity rich area as a wildlife sanctuary.


The inflow of huge investments by multi-national companies likes Procter and Gamble, Johnson and Johnson and Cogent in the backward Mahabubnagar district has prompted the Telangana Chief Minister K. Chandrasekhar Rao to reiterate his resolve to make the newly formed State “a paradise for investors and industries”.


Tibetan spiritual leader, the Dalai Lama, on Thursday hailed Chinese President Xi Jinping as “more open-minded” and “realistic” than his predecessor, Hu Jintao.


Chinese President Xi Jinping made a special announcement on opening a new route for pilgrims to Kailash-Mansarovar in the Tibetan Autonomous Region. Prime Minister Narendra Modi thanked Mr. Xi on behalf of the people of India and said the gesture will enable a higher number of pilgrims to visit the shrine and will be especially beneficial to older pilgrims.


India on Thursday made a strong pitch with the visiting Chinese delegation to get actor Jackie Chan to attend the International Film Festival of India (IFFI) due to start in Goa on November 20. Bringing the martial artist-actor-director to IFFI 2014 was a major talking point of Union Minister of State for Information & Broadcasting Prakash Javadekar during his meeting with the Chinese Minister for State Administration of Press, Publication, Radio, Film and Television Cai Fuchao.


Coup leader Voreqe Bainimarama was on the verge of sweeping a historic vote on Thursday to become Fiji’s first elected leader in eight years, as international observers gave the ballot a stamp of approval.


Krittika Biswas (21), the daughter of an Indian diplomat formerly in the country’s New York consulate, won a significant legal victory from the City, which has agreed to a $225,000 settlement along with an acknowledgment that she was an Honours Student on February 8, 2011, when she was wrongfully arrested and held in jail for a day.


Infosys announced on Thursday a global partnership with Huawei to offer enterprise customers big data and communication solutions besides expansion of its existing engagement with Microsoft and Hitachi Data Systems. Providing details, in separate press releases, Infosys said the IT solutions to be developed with Chinese multi-national ICT firm Huawei would be for enterprise customers looking to modernise operations with cloud infrastructure.


For world’s second largest computer chip maker AMD, India is the number one market as far as strategic importance is concerned as the company sees more opportunities for growth here than even in a market like China. “From purely revenue perspective, Indian market is among the top 10 for AMD, but from strategic importance, it is right up there… India has a huge potential, bigger than even China in terms of where the market is going to go and investments. So from strategic importance, I will say India is number one,” David Bennett, Corporate Vice-President and General Manager (APAC and Japan), AMD, said.


Thomas Cook (India) has partnered RBL Bank to distribute its multi-currency borderless pre-paid card through the bank’s 185 branches across the country. This would give India’s outbound consumers enhanced access and convenience, Thomas Cook India said in a statement on Thursday. The card offers travellers the advantage of loading up to eight currencies on a single prepaid card (U.S. dollar, British pound sterling, euro, Australian dollar, Canadian dollar, Swiss franc, Singapore dollar and Japanese yen), it added. 

HCL Technologies late on Thursday announced that it would invest $9 million to expand its centre in North Carolina (U.S.), creating up to 1,237 new jobs by the end of 2018. HCL Technologies, which has over 8,000 people working across 15 States in the U.S., employs close to 1,000 people at the Cary Centre in North Carolina. Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker made the announcement at the centre.


Cipla, on Thursday, signed an agreement with U.S.-based speciality pharmaceutical company Salix Pharmaceuticals Inc., granting it exclusive rights under some patent applications in the ‘Rifaximin Complexes’ patent family, which is controlled by Cipla.





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