Source: MUMBAI, April 25 (Reuters) - India's market regulator said on Friday it has allowed domestic asset managers to launch funds investing directly in real estate. These funds shall be close-ended with units listed on stock exchanges, the Securities and
While U.S. children overall have seen improvements in their well-being in recent years, American children aged 6 to 11 are four times more likely to be obese than similarly aged children in the 1960s, the report found. The report, led
The Bush administration, however, voiced continuing support for such programs during a hearing before a House of Representatives panel even as many Democrats called for cutting off federal money for so-called abstinence-only instruction. "Vast sums of federal monies continue to
Unwanted fibers on vaccine vial stoppers also were among the areas of concern cited by inspectors from the U.S. Food and Drug Administration, The Philadelphia Inquirer reported in Thursday's editions. Based on an unpublished FDA report the newspaper obtained through
Glycemic index, or GI, refers to how rapidly a food causes blood sugar to rise. High-GI foods, like white bread and potatoes, tend to spur a quick surge in blood sugar, while low-GI foods, such as lentils, soybeans, yogurt and
The CIC's observations came while dismissing an appeal of Dharam Prakash Verma, who had sought action against a CVC official for not informing him about the closure of his complaint pending before it. The CVC had contended before the information
The company had a net profit of Rs 2.86 crore in the fourth quarter of last financial year, Quintegra said in a statement here. The company's net profit for the year ended March 31, 2008, rose to Rs 35.15 crore
The joint venture will be called Schott Kaisha Private Limited and will have operations in Mumbai and Daman, a press release stated. Germany-based Schott, with more than 500 production lines at 11 sites globally produces more than 6 billion syringes,
A bench headed by Justice A K Mathur while dismissing the Citibank's and the State Bank of Mysore's petitions said, "We are of the opinion that the view taken by the National Commission cannot be faulted with... ...We are in
Sebi has allowed existing mutual funds to launch REMFs, provided they have experienced key personnel to manage them. For the new entrants, Sebi said, the fund sponsors should have at least five years' experience in the real estate sector.
Telecom major Bharti Airtel Ltd on Friday reported a 39.28% increase in net profit at Rs 1,792.3 crore for the fourth quarter ended March 31, 2008 against Rs 1,286.84 crore for the same period a year earlier. Revenues for the
Jindal Steel Bolivia SA, a fully owned subsidiary of Jindal Steel & Power Ltd, got the exploration licence for El Mutun mines, one of the world's largest iron ore deposits in Bolivia near its border with Brazil.
In the wake of the recent spurt in suicide attacks in the city, the Lahore Police has prepared an updated list of most wanted terrorists in the province. All of those listed are members of banned militant organizations and are
The Islamabad High Court (IHC) has termed the petition relating to the plea for halting the parliament moving resolution for the restoration of judges as not maintainable, and dismissed it. Justice Sardar Muhammad Aslam, in whose court this petition was
Ties between India and Nepal are unlikely to get off to a positive start with the coming of a Maoist-led coalition government in Nepal, as Maoist leader Prachanda has upped the ante and demanded the scrapping of the 1950 India-Nepal
In what may come as a shock to those who took the Murree Declaration seriously and trusted the words of the top political leaders, viz PPP Co-chairman Asif Ali Zardari and PML-N leader Nawaz Sharif, the PPP-led coalition government and
Pakistan's Civil Aviation Authority (CAA) Technical Investigator Naseem Ahmad has claimed that the country's former president Ziaul Haq's death in 1988 in a plane crash was "an act of sabotage and was not caused by any technical fault". "It was
A powerful bomb blast near a police station in Mardan, Pakistan killed at least three persons and injured over 35 on Friday. The bomb was reportedly hidden in a car parked in a market near the police station. The blast
Following reports of US' concerns over Pakistan government's proposed peace talks with tribal militants, Pakistan's Foreign Office has said that the government would hold talks only with those who would lay down their arms, and would neither use Pakistani territory
The Pakistan Government has stated that Hatf VI Intermediate Range Ballistic Missile (IRBM) is ready for deployment in the services. Hatf VI, also known as Shaheen 2, is moved using a transporter erector launcher (TEL). The missile is believed to