By Tony Munroe MUMBAI (Reuters) - Shares in Ranbaxy Laboratories Ltd fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believed former shareholders of the company hid information regarding U.S. regulatory probes. Last week, Ranbaxy pleaded guilty to felony charges related to drug safety and agreed to pay $500 million in civil and criminal fines under a settlement with the U.S. Department of Justice. Daiichi Sankyo did not name the shareholders in its statement late on Wednesday. In 2008, Japan's No. 3 drugmaker bought 63.9 percent of Ranbaxy for $4. ...
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London attacker was British-born of Nigerian descent ReutersBritish authorities have established that one and possibly both of the men who hacked a soldier to death on a London street was born in Britain of Nigerian descent, More »
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Chennai, May 23 (IANS) A Mumbai police team here Thursday served summons on Gurunath Meiyappan, chief executive of Chennai Super Kings team of the IPL who is More »
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Kolkata, May 23 (IANS) In the wake of the shutting down of media houses owned by the scam-tainted Saradha Group and leaving hundreds of employees jobless, the West More »
- China to support Pakistan for stability, development: Li IANS
Islamabad, May 23 (IANS) The Chinese government will unswervingly stick to its friendly policy toward Pakistan and support the South Asian nation in realising More »
- Driver held for massacre of seven of family in Ghaziabad IANS
Lucknow, May 23 (IANS) Cracking the gruesome murder case in Ghaziabad where seven persons of a family, including three children, were hacked to death late Tuesday, More »
- PIL challenges Shashi Kant Sharma's appointment as CAG ANI
A public interest litigation (PIL) has been filed in the Supreme Court challenging the appointment of new Comptroller and Auditor General and former defence More »
- Australia looks into allowing Sikhs to wear turban at work IANS
Sydney, May 23 (IANS) Australian Prime Minister Julia Gillard has said that she would look into the issue of allowing Sikhs in her country to wear the turban while More »
IPL is den of gambling: Yashwant Sinha IANSThe Indian Premier League (IPL) is a den of gambling, BJP leader Yashwant Sinha said Thursday and pressed for a detailed inquiry into the spot fixing in the More »
Sheila Dikshit misused public money: Lokayukta IANSDelhi Lokayukta Manmohan Sarin Wednesday came down heavily on Chief Minister Sheila Dikshit for misusing public money to "gain favour" for her and her political More »
- Global stocks fall on China growth woes, U.S. Fed concerns Reuters
By Ryan Vlastelica NEW YORK (Reuters) - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after U.S. Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that has buoyed investor confidence. Japanese shares were hit hardest in overnight action, with the Nikkei losing 7.3 percent, its biggest one-day fall in two years. Investors retreated to safe-haven currencies. ...
- Obama may limit drone use, discuss Guantanamo in major speech Reuters
By Jeff Mason WASHINGTON (Reuters) - President Barack Obama will vow on Thursday to be more open to the public about the U.S. fight against terrorism and may lay out limits for the use of lethal drones abroad while sketching a vision for closing the military prison in Guantanamo Bay, Cuba. In a major foreign policy speech after some two weeks of dealing with domestic scandals, Obama will underline his support for civil liberties in the face of recent criticism that his administration is secretive and bullies opponents. ...
- Prominent Chechen advocate shot dead in Turkish capital Reuters
ANKARA (Reuters) - A prominent figure in the Chechen diaspora in Turkey was shot at his Ankara office late on Wednesday, a North Caucasus refugee association said, the latest in a series of killings of Chechens and their sympathisers in the country in recent years. Many refugees and separatists have settled in Turkey from Russia's North Caucasus, which fought two bloody wars with Moscow in the 1990s, including opponents of Chechen leader Ramzan Kadyrov, an ex-rebel turned Kremlin loyalist, and the brother of Moscow's most-wanted militant leader Doku Umarov. ...
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By Andrew Osborn and Costas Pitas LONDON (Reuters) - The gory killing of a British soldier at the hands of two suspected Islamist militants has shone a spotlight on Woolwich, the London district where it happened, stirring racial tensions in one of the most ethnically diverse parts of Britain. Tucked away inside a bend of the River Thames to the southeast of central London, Woolwich has changed as quickly as the British capital itself in the last 20 years as successive waves of immigrants attracted by the area's cheaper housing have made it their home. ...
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HAMBURG (Reuters) - Global spot copper ore treatment and refining charges (TC/RCs) are rising because of a production stop at Sterlite copper smelter, Europe's biggest copper producer Aurubis said on Thursday. Global spot TC/RCs have risen by $5 a tonne in the past few weeks to $85 a tonne and 8.5 cents a pound, Aurubis said. TC/RCs are fees paid by miners to smelters to refine concentrate into metal and are a key part of the global copper industry's earnings. Spot fees had been around $80 a tonne and 8 cents a pound in March and April. ...
- Malaysian police arrest opposition figures in crackdown Reuters
By Siva Sithraputhran and Stuart Grudgings KUALA LUMPUR (Reuters) - Malaysian police arrested three opposition politicians and activists on Thursday and charged another with sedition, launching a crackdown on dissent three weeks after an election exposed deep divisions in the country and sparked a series of opposition protest rallies. The arrests and the charging of a student activist under the country's Sedition Act signal a hardening stance by the government after the May 5 poll, which it won in unconvincing style that has highlighted electoral system problems. ...
- London attackers known to British security services Reuters
By Guy Faulconbridge and Michael Holden LONDON (Reuters) - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services, a source close to the investigation said Thursday. One man, filmed calmly justifying the killing as he stood by the body holding a knife and meat cleaver in bloodied hands, was named by acquaintances as 28-year-old Londoner Michael Adebolajo - a British-born convert to radical Islam. So frenzied was the attack, some witnesses thought they tried to behead the victim. ...
- Micro-breweries give cheer to British beer drinkers Reuters
By Jonathan Cable BRENTWOOD, England (Reuters) - Britain's love affair with quirkily named real ales and their demand for locally produced goods has led to a growing trend in micro-breweries that cater to the more discerning palate. More than 1,000 brewers now operate across the country compared to just over 800 in late 2011, some working out of little more than a large garage but competing for drinkers with giants such as SABMiller and Greene King in a 16.5 billion pound industry. "We offer something different. ...
- Wockhardt hit by FDA import alert on drug plant Reuters
MUMBAI (Reuters) - The U.S. Food and Drug Administration imposed an "import alert" on a plant operated by generic drugmaker Wockhardt Ltd, sending its shares down 20 percent on Thursday to their lowest level in seven months. An "import alert", effectively a ban, results in detention without physical examination of drugs from firms that have not met so-called good manufacturing practices, according to the FDA website. ...
- New Zealand opt for Bracewell over Vettori for second test Reuters
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- UEFA agrees tougher sanctions to combat racism Reuters
By Mike Collett LONDON (Reuters) - Players or officials found guilty of racist offences in European club matches or internationals will face a minimum ban of 10 matches under tougher disciplinary regulations approved by UEFA's executive committee on Thursday. The executive will also propose to their annual Congress in London on Friday that all their 53 national associations adopt the same sanction, although the English FA announced last week it would be imposing a minimum five-match ban for racist offences. ...
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New Delhi, May 23 (IANS) Leaders of the faction-ridden Delhi Congress Thursday said they will drop their differences and fight the coming assembly elections unitedly following a stern talking to by party vice president Rahul Gandhi.
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Kolkata, May 23 (IANS) Riding on their Nigerian firepower, East Bengal made a hattrick of Kolkata premier division soccer league titles with a 3-2 win over arch-rivals Mohun Bagan here Thursday.
- Cabinet approves classical language status for Malayalam IANS
New Delhi, May 23 (IANS) The cabinet Thursday approved classical language status for Malayalam, subject to the outcome of a case in the Madras High Court, an official statement said.
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Ghaziabad, May 23 (IANS) Cracking the gruesome killings of seven members of a businessman's family in Ghaziabad two days ago, Uttar Pradesh Police Thursday arrested the family's former driver who confessed to the murders, police said.
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New Delhi, May 23 (IANS) The government's decision to allow quadricycles, a category of four-wheelers on Indian roads, is fraught with the danger of further deteriorating road safety and pollution, a global not-for-profit organisation said Thursday.
- Anti-tax agitation called off in Maharashtra IANS
Mumbai, May 23 (IANS) Wholesalers, retailers and manufacturers across Maharashtra called off their month-long agitation against the local body tax (LBT) imposed by civic agencies following talks with Chief Minister Prithviraj Chavan here Thursday.
- Cabinet nod to 20,751 new Income Tax posts IANS
New Delhi, May 23 (IANS) The Cabinet Thursday approved creation of 20,751 additional posts in the Income Tax department, at a cost of Rs.449.71 crore, to help it collect increased revenue and provide better services to tax payers, an official statement said.
- Delhi Police seek details of Sreesanth seizures IANS
New Delhi, May 23 (IANS) Delhi Police Thursday contacted their counterparts in Mumbai seeking details about the articles seized from the hotel where tainted cricketer S. Sreesanth stayed, said a police official.
- Noose tightens around Gurunath, umpire Rauf removed IANS
Mumbai/Chennai/New Delhi, May 23 (IANS) The mess in the Indian Premier League (IPL) just got bigger as Mumbai police Thursday ordered Gurunath Meiyappan, son-in-law of Indian cricket board chief N. Srinivasan, to get in touch with them by Friday evening, while top Pakistani umpire Asad Rauf, who has been officiating in IPL matches, was removed from next month's ICC Champions Trophy.
- Bomb hoax in Delhi IANS
New Delhi, May 23 (IANS) Panic gripped people in a multi-storey building here after a letter warning of a bomb inside was recovered Thursday afternoon, police said. However, the threat turned out to be a hoax.
- Cabinet nod to filling up of reserved vacancies IANS
New Delhi, May 23 (IANS) The cabinet Thursday approved a special recruitment drive to fill up the backlog in vacancies reserved under the Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) quota, an official statement said.
- 25 killed, 30 injured in suicide attacks in Niger IANS
Niamey, May 23 (IANS) At least 25 people were killed and 30 got injured after two suicide bomb attacks Thursday at a military base and a plant run by French nuclear giant Areva in northern Niger, reported Xinhua.
- Chandila got Rs.12 lakh for spot fixing in 2012 IPL: Cops IANS
New Delhi, May 23 (IANS) Ajit Chandila, arrested Rajasthan Royals player, had received Rs.12 lakh for spot fixing in IPL 2012 matches, Delhi Police said Thursday.
- Syria's Assad stresses resolve to keep fighting 'terrorism' IANS
Damascus, May 23 (IANS) Syrian President Bashar al-Assad stressed Thursday his resolve to continue fighting "terrorism" in tandem with efforts for a political solution to the country's 26-month-old crisis, reported Xinhua citing state-run SANA news agency.
- Mumbai cops want to question Meiyappan by Friday evening IANS
Mumbai/Chennai, May 23 (IANS) Widening the probe into the IPL spot fixing scam, Mumbai police have ordered Gurunath Meiyappan, son-in-law of Indian cricket board chief N. Srinivasan, to get in touch with them by Friday evening, an official said in Mumbai.
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