Sun Pharma enters into agreement to acquire InSite Vision
Drug major Sun Pharmaceutical Industries has entered into an agreement with InSite Vision to acquire the US-based eyecare firm for around $48 million plus related debt and other transaction costs to strengthen its branded ophthalmic portfolio in the US. One of the company’s subsidiaries has... read more »
Hewlett-Packard To Cut Up To 30,000 Jobs
Hewlett-Packard (HP) has embarked on a new round of job cuts as it prepares to be split in to two units. The technology firm said between 25,000-30,000 roles would go at HP Enterprise, a business it is creating to bundle together its data analysis and software divisions – separating them from... read more »
Pak Senate chief warns against another military takeover
ISLAMABAD: Pakistan’s Senate chief has warned that constitutional checks to prevent yet another military takeover have become redundant in the country which has seen army rule for nearly half of its 68 years of independence. Raza Rabbani was winding up the debate in the upper house to... read more »
PKK bomb attack, clashes kill 12 in southeast Turkey: Sources
Kurdistan Workers Party (PKK) militants killed three Turkish police officers overnight in a bomb attack on their armoured vehicle as they travelled along a highway in southeast Turkey, security sources said on Wednesday. Another officer was seriously wounded in the attack in the Nusaybin district... read more »
Can make really good butter chicken: ‘World’s strongest man’ Mark Henry
NEW DELHI: To say that Mark Henry is a ‘big guy’ hardly does justice to his enormous stature, both literally and figuratively. The 6 feet 5 inches tall former WWE World... read more »
Virat Kohli claims top rank in ICC T20I rankings
There was some more good news in the offing for India’s Test captain Virat Kohli as he was declared the No 1 ranked batsmen in T20 Internationals according to ICC’s latest rankings.... read more »
Ratan Tata invests undisclosed amount in startup Holachef
Chairman emeritus of Tata Sons Ratan Tata has made a personal investment of an undisclosed amount in the online marketplace for chefs Holachef. Launched in September 2014 by Saurabh Saxena... read more »
In Major Move, Small Oil and Gas Fields to be Auctioned to Private Firms
In a hefty economic reform, the government has announced that it will, for the first time, auction 69 small and marginal oil and gas fields surrendered by state-run explorers like ONGC. The... read more »
One-day strike has partial impact in Punjab, Haryana, Chandigarh
CHANDIGARH: Public transport was partially affected in Punjab, Haryana and UT Chandigarh as workers’ union today joined the one-day nationwide strike call given by ten central trade unions,... read more »