Nestle’s deemed safe by Goa in first ruling since recall
SA’s Maggi noodles comply with food safety standards, authorities in Goa said, in the first such ruling since the popular instant snack was pulled from stores after another state lab reported high lead content. Nestle was drawn into its worst crisis in India when food safety inspectors in... read more »
Adani’s Australia coal mine hits environmental legal snag; court revo...
Sydney: An Australian court on Wednesday revoked the government’s environmental approval for one of the world’s biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining. Environmentalists hailed the ruling against the controversial Carmichael... read more »
Yahoo buys social media site focused on shopping
Yahoo has once again gotten the urge to go shopping — and this time the internet company has acquired a social shopping site. Yahoo announced late on Friday that it had agreed to acquire Polyvore for an undisclosed price. Founded in 2007 by three former Yahoo engineers, Polyvore made a name for... read more »
Pressure rising on RBI to cut rate Tuesday
NEW DELHI: Pressure is mounting on RBI to cut interest rate in its third monetary policy review of this fiscal on Tuesday while experts are divided over the issue, saying high retail inflation may hold it back from doing so. Most bankers and experts believe that the possibility of an interest rate... read more »
