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Morocco says 52 arrested planning to set up IS branch

Morocco today announced the arrests of 52 suspects planning to set up a branch of the Islamic State jihadist group and carry out attacks in the North African country. The suspects have been detained and will go on trial once an investigation has been completed, the interior ministry said. "The arrested individuals planned to set up a vilayet (province) in Morocco affiliated to Daesh," it said, using an Arabic acronym for IS. It said the arrests had foiled "terrorist plots at a very advanced ..., 57 minutes ago

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Sahara Group rejects $1.3 billion offer

Sahara Group on Wednesday rejected a new $1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers. In a strongly ...
 Deccan Herald1 hour ago Sahara spurns $1.3b new offer for overseas hotels  The Financial Chronicle6 hours ago Sahara spurns $1.3 bn new offer for overseas hotels  Business Standard7 hours ago Sahara rejects $1.3 bn offer, calls it attempt to lower price  Money Control8 hours ago

Monsanto case: CCI rejects pleas seeking review of probe order

In a setback to Monsanto, CCI has rejected pleas by the US biotechnology major and its group entities challenging a probe into the role of their top officials in a case relating to alleged unfair business practices in the Indian seeds market. ...
 Business Standard2 hours ago

PHOTOS: A day in the life of a 'gau rakshak'

Of late, India’s cow vigilante groups have become more active. Despite a widespread condemnation after a 50-year-old Muslim man was lynched for ‘storing beef’ in his home in Dadri, Uttar Pradesh, these groups carry out their operations unabated. Recently, four Dalit youth in Una, Gujarat and two Muslim women in Madhya Pradesh were thrashed by such groups, sparking protests from the Dalit community in Gujarat. Allison Joyce/Getty Images went out with one such group in ...
 Rediff.com2 hours ago

US general says IS in Afghanistan linked to parent group

The US army general in charge of American and NATO troops in Afghanistan says the Islamic State group presence in the country is directly linked to the parent organization in Iraq and Syria. Gen. John Nicholson, speaking to The Associated Press in ...
 Business Standard2 hours ago

Vigilantism out of control

The cow-protection rhetoric of the ruling party has emboldened right-wing vigilante groups to such an extent it is cleaving society like never before. Those actively donning the role of vigilante may be lumpen elements, but unless they are reined in at once ...
 Asian Age36 minutes ago

S Chaturvedi takes charge as GM ISG

S Chaturvedi has taken charge as General Manager in-charge of Industrial Systems Group (ISG), a Bengaluru-based unit of public sector Bharat Heavy Electricals Ltd (BHEL). Prior to this, he was General Manager, UP Projects, Spares and Services Business Group ...
 Business Line55 minutes ago French police arrest one in relation to church attack: source  The Hindu1 day ago Chaturvedi takes over as GM in-charge of BHEL unit  Business Line1 day ago

Coromandel Intl revenues, PAT fall

A drop in fertiliser prices has impacted the consolidated revenues of Coromandel International, a Murugappa group company. The turnover of the firm came down to 2,060 crore in the quarter ended June 30, as against 2,204 crore in the comparable quarter last ...
 Business Line1 hour ago

RPG Life, Sun Pharma tie-up

RPG Life Sciences of the RPG Group announced on Wednesday that it has signed an agreement to acquire seven prescription brands from Sun Pharmaceuticals Industries Ltd for 41 crore. RPG, in the statement to the stock exchanges, said the agreement is in line ...
 Business Line1 hour ago

Myntra acquires Jabong for Rs 471 cr in cash deal

Flipkart-owned Myntra on Tuesday made yet another consolidation move by acquiring Jabong from Global Fashion Group for $70 million (approximately Rs 471 crore) in an all-cash deal. The combined entity, with 15 million monthly active users, will form India's ...
 Deccan Herald23 hours ago Myntra buys Jabong for $70 mn from Global Fashion Group  Business Standard1 day ago Flipkart acquires Jabong in a 470 crore deal  Money Today1 day ago Flipkart's Myntra buys out Jabong pipping Snapdeal, Future group  First Post.com1 day ago
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