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Monthly News August 2014

Gearbox problem forces Karthikeyan’...

Gearbox problem forces Karthikeyan’s retirement at Motegi

Pitstop issues, several incidents and a torrential downpour made it one of the most action-packed races of the season, although the Indian didn’t get the opportunity to experience most of it.     “After catching up to the competition massively in a limited time, the crazy rain-hit race... read more »

Belgian Grand Prix 2014: Force India’s S...

Belgian Grand Prix 2014: Force India’s Sergio Perez gets 2 points; Daniel R...

Force India driver Sergio Perez brought in two points for the team as he finished ninth while teammate Nico Hulkenberg ended 11th and out of points at the Formula 1 Belgium Grand Prix held at the 7km Circuit de Spa-Francorchamps here Sunday. Red Bull’s Daniel Ricciardo won the 44-lap race from... read more »

Dempsey: We will act if Islamic group th...

Dempsey: We will act if Islamic group threatens US

Gen. Martin Dempsey said Sunday that once he determines the Islamic State militants in Iraq have become a direct threat to the U.S. homeland, he will recommend the U.S. military move directly against the group in Syria. But the chairman of the Joint Chiefs of Staff said that right now, he still... read more »

Beyonce queen of MTV Video Music Awards

Beyonce queen of MTV Video Music Awards

Bow down: Beyonce was the reigning queen of Sunday’s MTV Video Music Awards. The diva closed the awards show with an epic nearly 20-minute performance. Tears streamed down her face as she was joined onstage by her beaming husband and daughter, amid the numerous rumors surrounding her... read more »

Iconic US brand GAP comes to India through Arvind franchise

US apparel retailer GAP has entered India through a franchise agreement with Arvind Lifestyle Brands, a unit of textile and retail major Arvind. About 40 stores will be opened in the next... read more »

The Securities and Exchange Board of India (SEBI)

Sebi tells PACL to refund Rs 49,100 crore to investors

In the biggest-ever crackdown on large-scale illicit money pooling schemes and a case that dwarfs the clampdown on Sahara, market regulator Sebi has asked PACL (formerly Pearls Agrotech... read more »

At least 33 killed in Egyptian bus crash

Two buses have collided near a popular Red Sea resort in Egypt, killing at least 33 people, in the country’s worst road accident in nearly two years. The buses were coming from opposite... read more »

Ukraine crisis: Merkel to arrive in Kiev as crisis mounts

German Chancellor Angela Merkel is due to arrive in Ukraine for talks, a day after calling Russia’s decision to send an unauthorised aid convoy there a “dangerous... read more »

Malaysia pauses in solemn homecoming for MH17 dead

KUALA LUMPUR: Black-clad Malaysians observed a minute of silence and a nationwide day of mourning on Friday as the first remains of the country’s 43 citizens killed in the MH17 disaster returned... read more »