Month: February 2018

Motor racing-Snow wipes out third day of Formula One testing

* Snow and rain wipe out third day of testing * Alonso only driver to set a timed lap * Ferrari and Mercedes drivers stay off track * Better conditions expected on Thursday (Adds quotes, wraps at end of day) By Alan Baldwin BARCELONA, Feb 28 (Reuters) – Snow blew out the third day of …

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Soccer-Monday night games won’t last in Germany if fans stay away – Dortmund CEO

By Marc Jones LONDON, Feb 28 (Reuters) – Monday night football in Germany won’t continue beyond the current round of television rights which end in 2021 if fans continue to stay away from stadiums, Borussia Dortmund Chief executive Hans-Joachim Watzke said on Wednesday. Attendance at Dortmund’s televised 1-1 draw against Augsburg on Monday was down …

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Only 19% farmers practicing organic farming in Rajasthan: Survey

Just 19 per cent farmers are practicing organic farming in Rajasthan even as 91 per cent were aware of the ill-effects of chemical farming, a survey has revealed. Just 19 per cent farmers are practicing organic farming in Rajasthan even as 91 per cent were aware of the ill-effects of chemical farming, a survey has …

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Lending rate hike coming? SBI raises term deposit rates across maturities

The country’s largest lender, State Bank of India (SBI), has raised retail term deposit rates by 10 to 50 basis points across maturities. One basis point is a hundredth of a percentage point. In an announcement on its website, the bank says effective Wednesday, 7-45 day deposits will earn an annual interest rate of 5.75 …

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Wilmar Sugar gets CCI nod for additional stake acquisition in Shree Renuka

The Competition Commission has approved the additional stake acquisition by Wilmar Sugar Holdings (WSH) in Shree Renuka Sugars. WSH is a promoter of Shree Renuka Sugars. In a tweet, the Competition Commission of India (CCI) said it has approved the “acquisition of additional equity stake in Shree Renuka Sugars by Wilmar Sugar”. Last year, Shree …

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Kamtapuri, Rajbanshi make it to list of official languages in West Bengal

West Bengal today recognized Kamtapuri, Rajbanshi and Kurmali as new official languages in the state. (PTI) West Bengal today recognized Kamtapuri, Rajbanshi and Kurmali as new official languages in the state. The Assembly today passed the West Bengal Official Language (Second Amendment) Bill, 2018 recognising the three languages which will now join Bengali, Nepali, Urdu, …

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China plans first sea-launch of satellites

China is planning its first sea-launch of satellites, a Chinese aerospace official said today. (Reuters) China is planning its first sea-launch of satellites, a Chinese aerospace official said today. Yang Yiqiang, commander-in-chief of the Long March-11 rockets project of the China Aerospace Science and Technology Corporation, said that 2018 would see five launches of Long …

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PNB appoints Belgium-based forensic auditor for 5 Nirav Modi companies

Punjab National Bank (PNB) has appointed Belgium-based consultancy firm BDO as a forensic auditor for five of Nirav Modi Group companies that lead to the biggest ever banking fraud of $2 billion in the country. Besides, more than two dozen banks have decided to seek a forensic audit to establish if Mehul Choksi-led Gitanjali Gems …

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Monetisation of highways: Macquarie-Ashoka bags TOT projects for Rs 97 bn

A joint venture of Macquarie and Ashoka Buildcon has emerged the highest bidder for the Centre‚Äôs first batch of toll-operate-transfer (TOT) projects. The venture bid Rs 96.8 billion for the National Highways Authority of India (NHAI) project. With this, the bidding process has been completed for the first round of monetisation of public-funded national highway …

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Google launches Slack competitor Hangouts Chat

SAN FRANCISCO: Google released an update to its internet chat tool Hangouts on Wednesday, aiming to make it suitable in workplaces so the Alphabet Inc unit can compete with business software makers including Microsoft Corp and Slack Technologies Inc. Hangouts Chat supports instant messaging across devices between workers, including group conversations. It also allows users …

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