Hurricane Kirk Weakens, Flood Warnings and Tornado Watch Issued For Isaac
Even as the Hurricane Isaac weakens to a tropical depression bringing heavy rain and flash floods in Mississippi and lower Ohio River valley, Hurricane Kirk, the fifth hurricane of the Atlantic hurricane season advances toward north east at 26 KM per hour, a National Weather Service Bulletin said.
2 US Embassy Employees Wounded In Gunfire By Mexican Police
Two U.S. Embassy employees were shot at by the Mexican Federal Police Friday when their vehicle entered an area on the outskirts of Mexico City that was frequented by drug cartels, common criminals and leftist rebels in the past.
Top Post-Market Nasdaq Movers (Maxygen, QuickLogic, Novavax, Brooks, Oncothyreon, Alkermes, Cree, Ultra Clean Holdings)
The top after-market Nasdaq gainers Friday were Maxygen Inc, QuickLogic Corporation, Novavax Inc and Brooks Automation Inc. The top after-market Nasdaq losers were Oncothyreon Inc, Alkermes plc, Cree Inc and Ultra Clean Holdings Inc.
Ayurvedic Pills Linked To Lead Poisoning In Pregnant Women: Study
Lead poisoning has been detected in several women who took Ayurvedic medicines during their pregnancy, according to a study by the Center for Disease Control and Prevention.
Breivik Sentenced To 21 Years In Prison, But May Never Get Out
Anders Behring Breivik, the right-wing extremist who killed 77 people in Norway on July 22, 2011, was declared sane and sentenced to 21 years in prison by a Norwegian district court on Friday.
Which Is Slower – A Snail Or The Indian Passport Offices?
The Indian government has recently fixed a deadline of 30 days for issuing passports after the applications are filed, in an attempt to speed up the process amid rising complaints about the months-long waiting period for the document.
Strike Cripples Operations Of Public Sector Banks In India
Public sector banks in India were closed for the second day Thursday as thousands of employees boycotted work and participated in the two-day strike called by the United Forum of Bank Employees Union.
India’s Finance Minister Approves Proposal For 49% FDI In Insurance, Pension Sectors
India's Finance Minister P Chidambaram Wednesday approved a proposal to raise foreign direct investment (FDI) ceiling in insurance and pension sectors to 49 percent from the existing 26 percent to boost investor confidence.
Top After-Market Nasdaq Movers (Hain Celestial, Pacific Sunwear, Synopsys, Ctrip.com, Kandi, DFC, XOMA, Kayak Software, Semtech, RF Micro Devices)
The top after-market Nasdaq gainers Wednesday were The Hain Celestial Group, Pacific Sunwear of California Inc, Synopsys Inc, Ctrip.com International Ltd and Kandi Technologies Corp. The top after-market Nasdaq losers were DFC Global Corp, XOMA Corporation, Kayak Software Corporation, Semtech Corporation and RF Micro Devices Inc.
New US Work Visa Regulations To Hit Indian IT Companies Badly
The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
Top After-Market Nasdaq Movers (Key Tronic, Alexza, Affymax, Fifth Third Bancorp, Warner Chilcott, Ultra Clean, Dell, Career Education, Thomas Properties, Amkor)
The top after-market Nasdaq gainers Tuesday were Vitesse Key Tronic Corporation, Alexza Pharmaceuticals Inc, Affymax Inc, Fifth Third Bancorp and Warner Chilcott plc.The top after-market Nasdaq losers were Ultra Clean Holdings Inc, Dell Inc, Career Education Corporation, Thomas Properties Group and Amkor Technology Inc.
Infosys Vs Jack Palmer: Court Dismisses Whistleblower Harassment Case
Infosys Technologies, India's IT services major got a major reprieve on Monday, as an Alabama judge dismissed a whistleblower harassment case against it, but second similar case and criminal probe on Visa fraud against the company remains.
India's Consumer Price Inflation Moderates To 9.86%
India's retail inflation rate dropped marginally to 9.86 percent in July from 9.93 percent recorded in June, according to the data released by the Ministry of Statistics and Program Implementation.
Maruti's Manesar Plant Reopened Amid Tight Security; Management Expects Protests, Lawsuits By Sacked Workers
India's leading carmaker Maruti Suzuki Tuesday reopened its Manesar plant amid tight security, a month after it was shutdown following violence by a section of the workers.
Indian Minister Says 'Inflation Is Good For Farmers'; Gets Flak
Beni Prasad Verma, Indian Minister for Steel, remarked Monday that inflation was good for the country as it would benefit the farmers. His pithy observation has given the opposition parties more meat to attack the government.
India To Give Proof Of Pakistanis' Involvement In North-East Exodus Issue
India will present Pakistan with the proof of the involvement of Pakistani-based groups in fueling communal sentiments in India using social media and cellphone networks.
'Top Gun' Director Tony Scott Leaps Off A Bridge To His Death
Tony Scott, director of hit Hollywood films, such as "Top Gun," "Beverly Hills Cop II" and "Days of Thunder," died after he jumped off a bridge in Los Angeles on Sunday afternoon, reports said.
Panic-Stricken Northeasterners Continue To Flee Indian Cities; Three Arrested In Bangalore For Attacks
The rumor-fueled exodus of the people of North-East India from the South Indian states continues unabated for the fourth day, as assurances of safety by the central and state governments fail to assuage the fear of impending attacks among the people.
Top Post-Market Nasdaq Movers (Geron, Harmonic, Vitesse, Exelixis, ZAGG, Infinera, Questcor, Corinthian Colleges)
The top after-market Nasdaq gainers Friday were Geron Corporation, Harmonic Inc, Vitesse Semiconductor Corporation and Exelixis Inc.The top after-market Nasdaq losers were ZAGG Inc, Myriad Genetics, Questcor Pharmaceuticals Inc and Corinthian Colleges Inc.
Infosys Visa Fraud Case: Trial Postponed To Sept 17
The trial in the whistleblower case involving Infosys and one of its employees in the U.S. has been postponed from August 20 to September 17.
Roaring Wildfire Ravages Western U.S. States (Photos)
Wildfires have wreaked havoc in the western states of the U.S., engulfing hundreds of houses, charring acres of wood- and grass-lands in the past two days. Ravaging flames have been spreading fast to new areas aided by drought-like situations as the firemen continued to douse the flames amid scorching temperatures.
Top After-Market Nasdaq Movers (Oplink, Sequenom, ABIOMED, Nathan's, Electronic Arts, Marvell, 21Vianet Group, Life Partners Holdings, Car-Mart, ScanSource)
The top after-market Nasdaq gainers Thursday were Oplink Communications, Sequenom Inc, ABIOMED Inc, Nathan's Famous Inc and Electronic Arts Inc. The top after-market Nasdaq losers were Marvell Technology Group Ltd, 21Vianet Group Inc, Life Partners Holdings Inc, America's Car-Mart Inc and ScanSource Inc.
Maruti To Restart Production At Manesar Plant Aug 21
India's leading carmaker Maruti Suzuki will restart production at its Manesar plant August 21, almost a month after the plant was shut down following violence by workers.
New York-Moscow Aeroflot Jet Makes Emergency Landing In Iceland
An Aeroflot passenger jet carrying 253 people from New York to Moscow Thursday made an emergency landing at Keflavik International Airport in Iceland after a bomb threat.
Gold Demand Falls To A Two-Year Low; India, China Weigh
The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.
Indian Rupee At Two-Week Low Against Dollar, Markets Trade In Red
The Indian rupee fell to a two-week low of 56.00/02 paise against the dollar in the morning trade Thursday, tracking the strengthening of the dollar in the global market. The dollar gained globally, chasing the upbeat U.S. data of retail sales which eased the concerns about the monetary control.
Maruti To Restart Production In Manesar Plant Next Week: Report
India's leading carmaker Maruti Suzuki will restart production at its Manesar plant early next week, Reuters reported quoting the Nikkei business daily.
India Celebrates 66th Independence Day (PHOTOS)
India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.
Top After-Market Nasdaq Movers (Vitesse Semiconductor Corporation, Renewable Energy, Synacor, Arena, Transcept, Horizon, KIT Digital, Myriad, TICC Capital, Lexicon)
The top after-market Nasdaq gainers Tuesday were Vitesse Semiconductor Corporation, Renewable Energy Group Inc, Synacor Inc, Arena Pharmaceuticals and Transcept Pharmaceuticals Inc. The top after-market Nasdaq losers were Horizon Pharma Inc, KIT digital Inc, Myriad Genetics Inc, TICC Capital Corp and Lexicon Pharmaceuticals Inc.
India’s Imports, Exports Drop In July
India's exports and imports declined for the second consecutive month in July due to the global economic slowdown and a fall in the prices of oil.