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Laloo breaks JD, forms new party
Once again packaging himself as a man victimised by the establishment, Bihar Chief Minister Laloo Prasad Yadav yesterday split his party and announced the formation of the Rashtriya Janata Dal (RJD) or what he repeatedly called the "real Janata Dal."
Bihar BJP in a fix about unseating Laloo
Even as the Janata Dal formally split today, its main opponent in Bihar, the Bharatiya Janata Party, was clearly unsure about unseating Chief Minister Laloo Prasad Yadav through a no-confidence motion in the State Assembly.
Cong demands CBI probe into fund diversion in WB
The Congress vice president Jitendra Prasada has demanded an inquiry by the CBI or any appropriate authority into the alleged diversion of Panchayati Raj funds to other projects by the West Bengal Government.
Hingis creates history at the Wimbledon
Tennis is all about peaks and valleys. There it was, one hitting the peak at the start and then deteriorating progressively, while the other began from the valley and climbed her way right on top to become the youngest winner of the Wimbledon ladies' title this century. Coming to think of it, Jana Novotna perhaps had a huge chance to pull it off. However, Martina Hingis showed why she is a world champion at 16.
Mars is a red, red planet & now we are looking for green men
Mankind's first close-up of Mars-scape could have been a Salvador Dali painting. Jagged rocks and boulders lay strewn across a flat plain. A distant peak loomed on the horizon. The Martian atmosphere and sky was cloaked in a reddish hue. Every thing seemed still and surreal.
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Maran serves ultimatum, says Suzuki free to quit MUL
Industry minister Murasoli Maran has delivered an ultimatum to president and CEO Osamu Suzuki that the Japanese auto major is free to quit Maruti Udyog Ltd, if it remains intransigent on the selection of the new managing director.
Dave all for authority to monitor market regulators
The Indian capital market needs to put in place a senior regulatory body which can overlook regulatory bodies directly monitoring market intermediaries, according to Unit Trust of India's former chairman S A Dave.
IDFC plans to mop up Rs 3,200 cr through domestic debt market
Infrastructure Development Finance Company (IDFC), set to kickstart operations on August 16, is planning to raise anywhere between Rs 2,250 crore and 3,200 crore from the domestic debt market in the current fiscal.
Gadgil against equity to foreigners in domestic channels
Former information and broadcasting minister VN Gadgil, who is a member of the parliamentary joint select committee on broadcasting bill, is opposed to giving any equity to foreigners in Indian broadcasting channels.
With CCFI nod, Coke scores a point over Pepsico
Soft drink multinational Coca Cola scored over its rival Pepsico with the Cabinet Committee on Foreign Investments (CCFI) clearing its proposal for setting up two wholly-owned subsidiaries with an investment of $700 million.
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