regulators

Task force to examine amending Electricity Act


August 29th, 2012 - 9:42 pm ICT by IANS
New Delhi, Aug 29 (IANS) As a measure for reforms in the power sector, a task force will look into amending the Electricity Act, 2003, Power Minister Veerappa Moily announced ... Read more...

Posted in Business |

Sheila Dikshit launches ‘Kerosene Free Delhi’ scheme


August 21st, 2012 - 11:31 pm ICT by IANS
New Delhi, Aug 21 (IANS) The Delhi government Tuesday launched its 'Kerosene Free Delhi' programme under which over 3.5 lakh below poverty line (BPL) and poor households will be provided ... Read more...

Posted in Politics |

Oracle to pay $2 mn fine over India bribery charge


August 17th, 2012 - 12:03 pm ICT by IANS
Washington, Aug 17 (IANS) Software giant Oracle has agreed to pay $2 million to settle US regulators' charges that its Indian subsidiary violated foreign anti-bribery laws by secretly setting aside ... Read more...

Posted in World |

Brazil threatens Spanish firm with $10 mn fine


July 21st, 2012 - 12:38 pm ICT by IANS
Rio de Janeiro, July 21 (IANS/EFE) Brazil's regulatory agency said Friday that Spain's Telefonica could face a fine of 20 million reais ($10 million) if it fails to improve fixed-line ... Read more...

Posted in Business |

Regulator asks airlines not to increase fares


July 16th, 2012 - 8:28 pm ICT by IANS
New Delhi, July 16 (IANS) The aviation regulator Monday asked all airlines not to raise fares and keep ticket prices under the prescribed bands.The instruction came after reports surfaced that ... Read more...

Posted in Business |

British parliament to conduct banking inquiry


July 3rd, 2012 - 4:14 am ICT by IANS
London, July 3 (IANS) British Prime Minister David Cameron has announced that a parliamentary committee will probe the banking sector following Barclays' lending rate manipulation scandal.The probe will involve ... Read more...

Posted in Business |

Spanish firm plans $615 mn solar energy project in Chile


May 17th, 2012 - 12:36 pm ICT by IANS
Santiago, May 17 (IANS/EFE) Spain's Eosol Energy plans to build a $615 million solar energy project in Tocopilla, a town in northern Chile.The project will have generating capacity of 192.6 ... Read more...

Posted in Business |

NBA’s Asian star Lin seeks trademark on ‘Linsanity’


February 24th, 2012 - 3:25 pm ICT by IANS
New York, Feb 24 (IANS) NBA's latest basketball star Jeremy Lin has applied to the US Patent and Trademark Office to trademark the term "Linsanity".According to the trademark regulators' website, ... Read more...

Posted in Sports |

Monsanto’s violations in GM maize trials ignored: RTI reply


February 6th, 2012 - 9:31 pm ICT by IANS
New Delhi, Feb 6 (IANS) The environment ministry's Genetic Engineering Approval Committee (GEAC) ignored violation of law by the US-based company Monsanto which conducted trials of herbicide-tolerant, genetically modified (GM) ... Read more...

Posted in Business |

China to keep an eye on cosmetic contact lenses


January 20th, 2012 - 5:52 pm ICT by IANS
Beijing, Jan 20 (IANS) China will regulate the production and sale of cosmetic coloured contact lenses by including them in its list of items classified as "medical apparatus".Some people wear ... Read more...

Posted in World |

China to add 14,000 flights for festival rush


January 9th, 2012 - 10:42 am ICT by IANS
Beijing, Jan 9 (IANS) China's civil aviation regulator has asked domestic airlines to add 14,000 flights to meet massive passenger flow during the 40-day spring festival season that began Sunday.Passengers ... Read more...

Posted in World |

Mexican bottler to build $140 mn plant in Brazil


December 7th, 2011 - 11:46 am ICT by IANS
Mexico City, Dec 7 (IANS/EFE) Mexico's Coca-Cola Femsa, the world's largest bottler of Coca-Cola Co. products, said it broke ground on a $140 million plant in Brazil's Minas Gerais state.The ... Read more...

Posted in Business |

‘Scrooge’ teacher reined in over Santa gaffe


December 5th, 2011 - 11:04 pm ICT by Aishwarya Bhatt
New York, Dec 5 (THAINDIAN NEWS) Some parents were left really outraged after a New York schoolteacher told their wards there was nothing like Santa Claus. Some of the parents registered their ... Read more...

Posted in Odd news |

AT&T & T-Mobile merger hits a rocky patch


November 25th, 2011 - 7:37 pm ICT by Aishwarya Bhatt
Washington, Nov 25 (THAINDIAN NEWS) AT&T is looking for ways to cushion the company because of realization that its planned takeover of T-Mobile might not happened. The company and T-Mobile were in ... Read more...

Posted in Technology Industry News |

EU wants close ties with India’s IT sector


November 22nd, 2011 - 8:56 pm ICT by IANS
Brussels, Nov 22 (IANS) European Union (EU) Commissioner for Digital Agenda, Neelie Kroes, will embark on a three-day visit to India Wednesday to boost cooperation in the information and communication ... Read more...

Posted in Uncategorized |

Groupon IPO raises $700 million


November 4th, 2011 - 11:16 pm ICT by Aishwarya Bhatt
New York, Nov 4 (THAINDIAN NEWS) Groupon’s IPO has become the second largest Internet business. The company has generated $700 million with its initial public offering. When Google went public in 2004, ... Read more...

Posted in Technology Industry News |

MF Global CEO resigns, declines severance package


November 4th, 2011 - 8:45 pm ICT by IANS
Washington, Nov 4 (IANS) Jon Corzine stepped down Friday from running MF Global after the securities firm collapsed under the weight of his risky wagers on European debt.MF Global filed ... Read more...

Posted in World |

U.S. federal regulators close First International Bank in Texas


October 1st, 2011 - 10:02 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- Federal regulators on Friday evening closed the First International Bank in Texas, raising the total number of bank failures in the United States so far this year ... Read more...

Posted in Business |

FII investment limit in corporate bonds raised to $25 billion


September 12th, 2011 - 10:13 pm ICT by IANS
New Delhi, Sep 12 (IANS) Foreign Institutional Investors (FII) will be allowed to invest up to $25 billion in long term corporate bonds in the infrastructure sector in India, the ... Read more...

Posted in Business |

Just 66 drug inspectors for 1.2 billion people in India


August 24th, 2011 - 5:53 pm ICT by IANS
New Delhi, Aug 24 (IANS) India has only 66 inspectors to monitor the quality of pharmaceutical products in the country of over 1.2 billion people - raising questions about the ... Read more...

Posted in Health |

US stocks rise after choppy trading


August 13th, 2011 - 5:24 am ICT by IANS
New York, Aug 13 (IANS) US stocks rose Friday after choppy trading on a series of mixed economic data, enabling the investors a less anxious weekend, Xinhua reported.Despite the two-day ... Read more...

Posted in Business |

Forests remove 2.4 bn tonnes of carbon from air


August 11th, 2011 - 1:55 pm ICT by IANS
Sydney, Aug 11 (IANS) Forests worldwide absorb as much as 2.4 billion tonnes of carbon per year from the air, equivalent to a third of the annual fossil fuel emissions.The ... Read more...

Posted in Environment |

Big Brother recap: Housemates prepare for ‘The Golden Key’ challenge


July 11th, 2011 - 8:42 pm ICT by Aishwarya Bhatt
London, July 11 (THAINDIAN NEWS) Housemates at the Big Brother House are strategizing for “The Golden Key” challenge. The “Veteran” housemates have already sworn to each other that they will stick together ... Read more...

Posted in Entertainment |

PNB mulls Rs.100 crore investment in proposed arm


July 6th, 2011 - 9:38 pm ICT by IANS
Chennai, July 6 (IANS) The public sector Punjab National Bank (PNB) Wednesday said it is planning to invest around Rs.100 crore in its proposed Canadian subsidiary that is awaiting regulatory ... Read more...

Posted in Business |

China bans 43 online pornographic novels


June 7th, 2011 - 9:55 pm ICT by IANS
Beijing, June 7 (IANS) In an anti-pornography move, China has banned 43 risque novels published online, Xinhua quoted a notice issued by the National Office against Pornographic and Illegal ... Read more...

Posted in Uncategorized |

Doctors diagnose stroke with iPhone app


May 11th, 2011 - 7:45 pm ICT by Aishwarya Bhatt
Calgary, May 11 (THAINDIAN NEWS) Scientists have found a new way to diagnose stroke in people; using an iPhone application. The app was developed by scientists from the University of Calgary.The ... Read more...

Posted in Health Science |

CSD500: Erection inducing condoms developed


May 10th, 2011 - 1:54 am ICT by Aishwarya Bhatt
Washington DC, May 9 (THAINDIAN NEWS) A new condom which has the potential to maintain erection in men have been developed by Futura Medical. The condoms called CSD500 helps keep erection using ... Read more...

Posted in Health Science |

Court suspends operation of Sri Lankan pro-opposition website ‘LankaeNews’


April 29th, 2011 - 2:53 pm ICT by ANI
Colombo, Apr 29 (ANI): A magistrate's court in Sri Lanka has suspended the operation of the pro-opposition 'LankaeNews' till proceedings against journalist Shantha Wijesooriya is over.The court asked telecom regulators to suspend ... Read more...

Posted in World |

SBI withdraws ‘teaser’ home loans, hikes rates


April 20th, 2011 - 10:11 pm ICT by IANS
Mumbai, April 20 (IANS) State Bank of India (SBI), the country's largest lender, said Wednesday it will end the much-debated teaser home loan rates from May 1 to pacify ... Read more...

Posted in Business |

Hair-smoothing products pose serious health hazards


April 17th, 2011 - 7:37 pm ICT by ANI
Washington, Apr 17 (ANI): Chemical treatments may deliver smooth hair, but eventually show their ugly side through serious side effects, which include balding, scarring, and formaldehyde exposure.At salons everywhere, women swear by ... Read more...

Posted in Health Science |

Workers at two Indian eateries in US get $95,000 in back pay


April 5th, 2011 - 10:18 pm ICT by IANS
Washington, April 5 (IANS) Employees of two Indian eateries in California recovered nearly $95,000 in back wages following an investigation by US labour regulators revealing they were not being paid ... Read more...

Posted in World |

Google to face independent privacy audits for 20 yrs for ‘violating privacy promises’


March 31st, 2011 - 2:14 pm ICT by ANI
Washington, Mar 31 (ANI): The US Federal Trade Commission (FTC) has ordered independent privacy audits on Google for the next 20 years over charges that it "violated its own privacy promises".The BBC ... Read more...

Posted in World |

Gene behind severe skin reaction to common epilepsy drug identified


March 24th, 2011 - 6:20 pm ICT by ANI
Washington, Mar 24 (ANI): Researchers have identified a gene responsible for severe skin reaction to a common epilepsy drug.Carbamazepine is commonly used to treat patients with epilepsy and other diseases such as ... Read more...

Posted in Health Science |

Paris Hilton fighting to overturn law banning ferrets as pets in California


March 20th, 2011 - 4:03 pm ICT by ANI
London, Mar 20 (ANI): Paris Hilton is fighting to get an 80-year-old law - which bans ferrets as pets in California - revoked.The hotel heiress had to give up her two ... Read more...

Posted in Entertainment |

US feared UK backed “sharia banks” could become centre of terrorist funding: Wikileaks


March 15th, 2011 - 5:10 pm ICT by ANI
Washington, Mar 15 (ANI): Thousands of secret US diplomatic cables released by the whistleblower website 'Wikileaks' have revealed that Britain's support for "sharia banking" had raised concerns in America that London would ... Read more...

Posted in World |

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