Archive for June 2009

US Billionaire Allen Stanford surrenders to FBI

Jun 19th, 2009 | Category: Breaking News, World News

US billionaire Allen Stanford surrenders to FBI in massive fraud case. Texas billionaire Stanford will appear in a federal court in Virginia on Friday over allegations of massive fraud involving his Antigua bank. Stanford is expected to be transferred to Houston after his initial court appearance to face criminal charges in a sealed indictment.
Stanford already [...]



One killed in grenade blast in Srinagar

Jun 19th, 2009 | Category: Breaking News, Cities News, India News, Jammu and Kashmir News

At least one person has been killed and four others were injured when militants hurled a grenade in the tourist hub of Dal Gate of Srinagar on Friday night. The militants exploded the hand grenade at Badyari Crossing at Dal Gate at around 9 p.m. injuring four civilians.
One of the injured identified as Abdul Salam, [...]



Bal Thackeray admitted to hospital

Jun 19th, 2009 | Category: Breaking News, India News, Mumbai News

Mumbai>: Shiv Sena chief Bal Thackeray has been admitted to the intensive care unit of the Lilavati Hospital here. According to sources, Thackeray, 83 years old, was admitted to the hospital for a “routine medical check-up”.
The foundation day function of Shiv Sena, which completes 43 years on Friday, has been called off apparently due [...]



Anchor Investor: Concept approved by SEBI

Jun 18th, 2009 | Category: Breaking News, Business News, India News

Capital markets regulator has on Thursday approved the concept of anchor investor under which an investor can subscribe up to 30 percent of the quota for institutional investors in an initial public offering.
Chairman C.B.Bhave told mediapersons, “This is in response to (the) requests of issuers that there was a need for investors with prior commitment [...]



Court orders to lodge FIR against Ramvilas Paswan

Jun 18th, 2009 | Category: Breaking News, India News

Patna: A local court has on Thursday ordered to lodge an FIR against former Union Minister Ramvilas Paswan for his alleged derogatory remarks against JD (U) MP Ramsunder Das.
Chief Judicial Magistrate Prem Ranjan Mishra, taking cognizance of a petition filed against Mr Paswan by the state secretary of JD(U) minority cell Mohammad Nayeem, ordered police [...]



Amarnath pilgrims stage protest over yatra suspension

Jun 18th, 2009 | Category: Breaking News, India News, Jammu and Kashmir News

Amarnath pilgrims have om Thursday staged protest over Yatra suspension. With the Amarnath yatra remaining suspended for the third consecutive day due to bad weather, the state government today came in for severe criticism from pilgrims as well as the hospitality sector over alleged lack of facilities.
Over two thousand pilgrims held anti-government demonstrations and demanded [...]