Lalu Prasad to run party from Birsa Munda jail, Rabri Devi second-in-command -Rohit Singh | Headlines Today | Patna,

October 6, 2013 at 6:31 pm

It’s now official. RJD boss Lalu Prasad will be running his party from inside the Birsa Munda Central jail. A meeting that was hurriedly called after Lalu was sentenced to five years jail term in connection with fodder scam decided that Lalu will be calling the shots from the jail and his wife Rabri Devi would be his second-in-command in his absence. Rabri Devi also took the opportunity to dismiss reports of her contesting the Chapra Lok Sabha seat after it fell vacant due to Lalu’s conviction.

Briefing the press after the much-hyped meeting, party general secretary Ram Kripal Yadav said, “Lalu and Rabri will jointly be running the affairs of the party, Lalu will run party from inside the jail and Rabri Devi will be lead us from outside.” This is not the first time that Rabri was given reins of the party as earlier also when Lalu had to quit as chief minister of Bihar following his involvement in fodder scam, Rabri was instantly made the CM of Bihar and she ran the party.

Kalanithi Maran, his wife top paid executives with Rs 56 cr package – PTI

October 6, 2013 at 6:25 pm


Kalanithi Maran

Sun TV promoters Kalanithi Maran and his wife Kavery  were the top paid corporates in India  in the last fiscal with a package of Rs 56.25 crore each among the listed companies, replacing Jindal Steel’s Naveen Jindal from the pole position.
However, the impact of slowdown on Indian economy was visible on their pay packages as all three of them took some kind of cut in their packages in the last fiscal.
Jindal (at 3rd position with Rs 54.98 crore package) had over 25 per cent cut in his Rs 73.42 crore remuneration of 2011-12, while the Marans took a marginal cut of 1 per cent in their packages.

DishTV launches DishOnline for consumers on-the-move – Arunima Mishra

October 6, 2013 at 6:20 pm


DishTV launches DishOnline for consumers on-the-move

Asia’s as well as the country’s largest direct-to-home provider,  Dish TV, that set shop in India in 2003, has taken the next leap with DishOnline. It is meant for subscribers on-the-go. A Dish TV subscriber can carry television content on other screens such as those of smart phones, laptops and tablets across Android and iOS platforms.

Pharmacy chain MedPlus, founded by a doctor-turned-entrepreneur, is now the second-biggest in the country, after Apollo.- E. Kumar Sharma

October 6, 2013 at 6:11 pm


Madhukar Gangadi, Founder, MedPlus

Cutting costs and improving backend effi ciency is always a work in progress… We are today one of the few retail stores that is able to make a profit: Madhukar Gangadi, Founder, MedPlus Photo: A . Prabhakar Rao

Every day, it sells around 600,000 units of medicine – tablet strips, syrups, injections, etc. – across its 1,070 stores spanning seven states. Popular brands, such as the vitamin capsule Becosules, or the ulcer antidote Rantac, sell close to a million units a month from its counters. Indeed, Hyderabad-based drug retailer MedPlus has swiftly emerged the second-biggest pharmacy chain in the country after the Apollo Hospitals-backed  Apollo Pharmacy, with daily drug sales of about Rs 3 crore.

The spat between Vikram Bakshi and McDonald’s points to the clear and present danger in most joint venture agreements- Shamni Pande

October 6, 2013 at 6:06 pm


How the burger crumbles

Joint ventures can sometimes be like minefields. One misstep and they blow up in your face. Take the recent spat between global fast-food chain McDonald’s and Vikram Bakshi, for example. Bakshi was the Indian partner of McDonald’s for 18 years, with equal stake in their joint venture, called Connaught Place Restaurants Pvt Ltd (CPRL). At the end of August, McDonald’s suddenly announced that Bakshi would cease to be Managing Director (MD) of CPRL as his term had ended.

SC tells Sahara to find out way to get back Rs 19,000 cr

October 6, 2013 at 6:00 pm


Subrata Roy

Subrata Roy Photo: Reuters

The Supreme Court on Friday asked Sahara and SEBI to formulate mechanism  for securing payment of around Rs 19,000 crore of investors’ money after the Subrata Roy-led group agreed to pledge it’s immovable property as security but the market regulator questioned the sale deed and worth of the properties.

Toyota re-launches Innova at a starting price of Rs 12.45 lakh

October 6, 2013 at 5:58 pm


Innova re-launched at a starting price of Rs 12.45 lakh


Auto maker Toyota Kirloskar Motor  on Saturday launched all new version of its multi purpose vehicle Innova, priced between Rs 12.45 lakh and Rs 15.06 lakh (ex-showroom Delhi), as it looks to enhance sales during the festive season.
Launched with a new top-end Z variant, the new Innova comes with whole new set of features and is available in a seven and an eight seater options in both Euro III and Euro IV, Toyota Kirloskar Motor (TKM) said in a statement.

A Point of View: The man who dreamed of the atom bomb

October 5, 2013 at 7:22 pm

Bikini Atoll explosion, 1956

Leo Szilard was the man who first realised that nuclear power could be used to build a bomb of terrifying proportions. Lisa Jardine considers what his story has to say about the responsibilities of science.

A Girl’s Best Workplace Friend

October 5, 2013 at 6:23 pm

Wipro's Malika Kapoor (extreme right)

Wipro’s Malika Kapoor (extreme right) with colleagues. Her mentor’s advice helped her greatly
Six years ago, Ritu Mehra, 34, felt she was standing at the crossroads of her career . She worked on the technical side at IT company Pitney Bowes, India, and was well rated by her peers and superiors, but she was not sure whether she should continue in the same department, or switch to the managerial side, where chances of professional advancement were higher.

US Navy Seals ‘target al-Shabab leader in Somalia’

October 5, 2013 at 6:11 pm

US Navy Seals. File photo There are conflicting reports about whether the US Navy Seals’ raid in Barawe was successful

US special forces have carried out a raid on a senior leader of the al-Shabab Islamist group in Somalia, US officials say.

The unnamed officials said a US Navy Seals team had targeted the man after approaching a villa in the southern town of Barawe by sea.

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