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Neyveli Lignite, Hindalco equally entitled to coal block, says ex-coal secretary P C Parakh-E. Kumar Sharma Hyderabad BT

October 16, 2013 at 7:31 pm

 

Former coal secretary Prakash Chandra Parakh.

Former coal secretary Prakash Chandra Parakh insisted on Wednesday (October 16) that there was nothing criminal or untoward about Aditya Birla Group Chairman Kumar Mangalam Birla’s meeting with him over the allocation of a coal block to the group’s company, Hindalco in 2005.

Khuram Shaikh: Sri Lanka urged to speed up death probe

October 16, 2013 at 6:41 pm

Khuram Shaikh Khuram Shaikh was killed on Christmas Day 2011

Britain has urged Sri Lanka to speed up the investigation into the death of aid worker Khuram Shaikh, who was killed on holiday on Christmas Day 2011.

Asia’s parents suffering ‘education fever’

October 16, 2013 at 6:37 pm

By Yojana Sharma .

Parents seeing off children taking gaokao exam, in Anhui province Not sports stars, but Chinese parents seeing off their children to take exams

Zhang Yang, a bright 18-year old from a rural town in Anhui province in China was accepted to study at a prestigious traditional medicine college in Hefei. But the news was too much for his father Zhang Jiasheng.

Grim consequences of Afghan Governor Jamal’s death

October 16, 2013 at 6:33 pm

Dawood Azami By Dawood Azami BBC World Service

Arsala Jamal Mr Jamal is among about 1,000 mid-level to senior leaders who have been killed in targeted attacks over the last decade

The killing of Arsala Jamal, governor of the Afghan province of Logar, is one of the most high-profile assassinations of a government official since the US-led invasion that toppled the Taliban in late 2001.

US debt ceiling: Senate passes US budget deal

October 16, 2013 at 6:25 pm

Los Angeles views on the political crisis: “I thought it was ridiculous”

The US Senate has passed a bill to reopen the government and raise the federal debt limit, with hours to spare before the nation risks default.

The Democratic-controlled Senate’s bipartisan compromise won swift approval by 81 votes to 18.

JPMorgan fined $100m by US regulators for London Whale

October 16, 2013 at 6:20 pm

JP Morgan exterior JP Morgan admitted its traders acted “recklessly” and violated US laws in doing so

The US Commodities Futures Trading Commission has said JP Morgan will pay $100m (£62.4m) to settle with the agency over losses stemming from its “London Whale” trading debacle in 2012.

In a first, the bank will admit that its traders acted “recklessly”.

Dexter payment card malware strikes South Africa

October 16, 2013 at 6:16 pm

By Leo Kelion Technology reporter

Dexter The malware may have been named after the US television show Dexter

South Africa has been hit by one of the biggest cyber-fraud attacks in its history, according to the body that oversees local financial transactions.

Was shutdown fight worth it? Obama might think so

October 16, 2013 at 6:12 pm

US Senator Marco Rubio departs after a Republican Senate caucus meeting at the US Capitol on 16 October 2013 Republicans in retreat?

It is almost over.

The mood in Congress is still nervous and anxious, but there is a general assumption that before the day is out they will vote to lift the debt ceiling and reopen the government.

I’m still waiting to hear more from Republicans in the House.

Pakistan minister Israrullah Gandapur killed in blast

October 16, 2013 at 6:07 pm

Israrullah Gandapur Mr Gandapur’s party backs talks with the Pakistani Taliban

A provincial law minister and at least seven other people have been killed in a bombing in north-west Pakistan during the Muslim festival of Eid al-Adha.

Israrullah Gandapur was greeting locals at his residence in Kulachi village when a suicide bomber struck, witnesses said. More than 30 others were wounded.

Coal scam: Naming Birla wrong, CBI seems to have randomly included everyone in the FIR, say legal experts- By Samanwaya Rautray, ET Bureau

October 15, 2013 at 11:39 pm

 

The CBI decision to include Birla as an accused at the FIR stage is not correct, said senior advocate CS Vaidyanathan.
The CBI decision to include Birla as an accused at the FIR stage is not correct, said senior advocate CS Vaidyanathan.
NEW DELHI: Legal experts critiqued the  CBI decision to name  Aditya Birla Group chairman  Kumar Mangalam Birla in its latest  FIR in the coal block allocation case. Prominent lawyers familiar with both investigative protocols and corporate structures told ET naming Birla at this stage makes little sense. “At the FIR stage, the link is rather far-fetched,” said senior lawyer Arvind P Dattar. “The CBI seems to have randomly included every other person in the FIR.

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