TNM

IDFC gains banking licence; shares jump

IDFCStock in IDFC gained as much as 8.6 per cent in morning session trade on Thursday after the Mumbai-based company became one of the two entities to get a banking licence from the Reserve Bank of India (RBI).

The central bank granted a banking licence to IDFC for an initial period of 18 months, during which the company will have to meet all requirements laid down by the apex bank.

Kolkata-based microfinance company Bandhan Financial is another of the two entities to win a licence to create a network of bank branches across the country.

Verizon cuts prices of More Everything Edge smartphone 10GB+ plans

verizon wirelessVerizon Wireless, the biggest wireless carrier of the United States, on Wednesday slashed the price of its widely popular More Everything Edge smartphone 10GB plans.

Announcing a key strategic change to pricing of its service plan, Verizon said that the price for four smartphones using a 10GB data plan would be $160 for subscribers of the More Everything Edge plans.

COFCO to tie up with Noble Group to form joint venture

COFCO to tie up with Noble Group to form joint ventureChina's COFCO Corp has entered into a definitive agreement with Noble Group Limited to form a new joint venture in the agricultural services industry.

COFCO Corp is a leading  supplier of products and services in the agricultural products and food industry in China while Hong Kong's Noble Group Limited is a  global supply chain manager of agricultural and energy products, metals and minerals. The tow companies have entered into an agreement to form Noble Agri Limited joint venture.

Duvha power station loses 600MW unit

Duvha power station loses 600MW unitEskom has said that Duvha power station, which is located near Witbank, has lost a 600MW unit due to a boiler casing rupturing.

Andrew Etzinger, a spokesperson for the company said, "There was an incident on Sunday evening close to midnight, and on unit three of our Duvha power station near Witbank. No injures were reported. The incident resulted in extensive damage to the boiler. The incident is under investigation and the duration of the repair and the cost of the repair is not known at this time."

NZ dollar falls to 86.01 US cents

NZ dollar falls to 86.01 US centsAccording to the latest data released, the New Zealand dollar fell against the US dollar from 86.47 cents at 8am and 86.72 cents yesterday to the level of 86.01 US.

The trade-weighted index fell to the level of 80.38 from 80.94 yesterday. The national currency fellprices at the Fonterra Cooperative Group's online auction spread concerns that the Reserve Bank may not increase interest rates as much as expected. Many believe that the slowdown in the dairy sector may convince the central bank to increase its interest rates slowly.

Surge Energy to acquire remaining stake in Longview Oil

Surge Energy to acquire remaining stake in Longview OilSurge Energy has indicated that it is planning to acquire the remaining stake in Longview Oil Corp in order to have complete control on the company.

Surge Energy is already the largest shareholder in Longview Oil Corp has finally agreed to buy the rest of the company. Surge announced a unsolicited non-binding proposal to acquire all the remaining outstanding shares in the company.

BP closes refinery in Brisbane

BP closes refinery in BrisbaneBP has announced its decision to close its key oil refinery in Brisbane in Australia. The move will be a major set back for the country's oil supply security. Following the closure, the country will be able to meet only a third of its domestic petrol and diesel demand in Australia.

The company announced on Wednesday that it will close down its Bulwer Island refinery in Brisbane in 2015. The close will result in a loss of a total of more than 350 jobs. BP has decided to take the product from Caltex's Lytton refinery and will also keep its storage units at Bulwer Island on 'care and maintenance'.

British surgeons fix man’s face after he breaks all facial bones

British surgeons fix man’s face after he breaks all facial bonesAfter a frightening four-story fall, specialists were ready to assemble Jon Fenton back once more.

The 27-year-old from Nottingham, England, smashed every single bone in his face when he tumbled from an overhang while in the midst of some recreation in Barcelona, Spain.

He accepts he tripped over a seat, then fell over the gallery railing, arriving on a solid top.

Fenton broke both arms and both legs, crushed all his front teeth, and punctured a gap in the top of his mouth - around an exhibit of different wounds.

NHS managers given huge pay rises

NHS managers given huge pay risesSenior NHS administrators have imparted more than £300,000 in pay climbs as a consequence of the Government's rearrangement of the Health Service, notwithstanding staying in evidently indistinguishable posts.

Division of Health executives whose occupations were moved to the NHS England quango have appreciated startling ascents, authority figures recommend.

Other provincial executives of public health, now utilized by Public Health England, an alternate quango, have likewise had immense ascents.

Not enough proof to state vitamin D’s health benefits

Not enough proof to state vitamin D’s health benefitsSpecialists have said that numerous trials on vitamin D affecting wellbeing benefits are either uncertain or inadequate to reach any firm determinations.

The first, via scientists situated in the UK, Europe and USA, inspected information from observational studies and clinical trials to abridge wellbeing results connected with vitamin D levels, both commonly coursing and as a consequence of taking supplements.

Scientist support wireless radiation health studies

Scientist support wireless radiation health studiesWellbeing Canada ought to "forcefully" investigate the conceivable connection between remote wireless transmissions and disease and ought to educate Canadians how they can constrain their introduction to such electromagnetic fields while utilizing cellphones, an expert exploratory board proposes.

Radio waves can destroy salmonella in raw eggs

Radio waves can destroy salmonella in raw eggsCrude chicken eggs are in a lot of food stuffs that people consume like, eggnog, hollandaise sauce and mayonnaise, to name a few- and since something like one of each 20,000 chicken eggs in the U. S. runs a high danger of holding Salmonella microscopic organisms, the best way to make certain these microbes are destroyed, hard boil up the eggs or purify them through boiling point water submersion.

Sell Hack plug-in no longer works on LinkedIn pages

Sell Hack plug-in no longer works on LinkedIn pagesIn response to LinkedIn's cease-&-desist order, Sell Hack has confirmed that its controversial browser plug-in no longer works on LinkedIn pages.

Sell Hack is a JavaScript-based free browser plug-in that scrapes email addresses linked to social media profiles from the web. LinkedIn on Monday accused Sell Hack of exposing the email address of its users, and sent a cease-&-desist letter it.

MMRDA operating Monorail service at loss of Rs 5 lakh a day

MMRDA operating Monorail service at loss of Rs 5 lakh a dayThe Mumbai Metropolitan Region Development Authority (MMRDA) is operating its much-hyped Wadala-Chembur Monorail service at a loss of around Rs. 5 lakh per day.

Available figures suggest that Wadala-Chembur Monorail tickets are raking in around Rs. 2 lakh per day, but it costs MMRDA nearly Rs. 7 lakh daily to operate the service.

The daily loss of Rs. 5 lakh piles up to become a huge loss of Rs. 1.5 crore per month.

E. coli strain almost complete resistance

E. coli strain almost complete resistanceThe genome sequencing of a multidrug-safe strain of Escherichia coli, E. coli grouping sort 131 (ST131), recommends it is one and only gene far from being impervious to very nearly all anti-toxins.

This pathogenic bacterium is answerable for a high extent of additional intestinal contaminations, for example, urinary tract and circulatory system contaminations.

Probiotics not much of help for colic in infants

Probiotics not much of help for colic in infantsProbiotics do nothing to assist calm children with colic, as stated by the biggest examination trial to date.

Past studies have proposed some profit from giving babies probiotic drops, however they were defective in their configuration, experts said.

In the most recent study, a group set out to test the hypothesis of whether probiotics might help breastfed and equation encouraged infants with colic.

The effects demonstrated probiotics had no impact on lessening times of yelling or whining around the children, who were all under three months old.

Sleeping pills increases death risk

Sleeping pills increases death riskAnother study has found that tension or anxiety medications and sleeping pills could expand danger of death.

The study from the University of Warwick shows that few anxiolytic (against nervousness) pills or sleep inducing medications (dozing pills) are connected with a multiplying danger of mortality.

Despite the fact that these discoveries are dependent upon routine information and need to be translated circumspectly, the specialists suggested that a more deeper understanding of their effect is key.

Early breakfast, lunch, dinner leads to weight loss

Early breakfast, lunch, dinner leads to weight lossThe overview, led by Forza Supplements on 1,000 individuals, asked weight watchers to prescribe the ideal time to consume, it was reported.

Lee Smith, overseeing chief of the firm, said that the key for some calorie counters is not the extent to which they consume however when they do it.

Smith kept adage that they found that the ideal times were 7.11am for breakfast, 12.38pm for lunch and 6.14pm for supper.

Your computer will tag emotions soon

Your computer will tag emotions soonU. S. specialists have revealed a path for machines to distinguish 21 dissimilar and frequently intricate facial declarations, in what is constantly hailed as an achievement in the field of cognitive examination.

A group from Ohio State University formulated a route for machines to pinpoint more than triple the amount of recorded facial articulations than at present could be recognized.

ISRO starts countdown for IRNSS 1-B satellite launch

ISROThe Indian Space Research Organisation (ISRO) has started the countdown for the launch of regional navigation satellite IRNSS 1-B, which is scheduled to set off at 5.14 PM on April 4 from Sriharikota spaceport.

The IRNSS 1-B is the second of the total seven satellites that Indian government has planned to launch for Indian Regional Navigational Satellite System (IRNSS).

The first satellite in the series, IRNSS 1-A, was launched on July 1 last year, onboard ISRO's Polar Satellite Launch Vehicle (PSLV) C-22.




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