RIL offloads US shale gas assets as falling crude oil prices dent profits
MUMBAI: Reliance Industries Ltd (RIL) on Friday agreed to sell the first of its shale gas ventures—upstream Marcellus shale gas assets in northeastern and central Pennsylvania in the US—for $126 million. The assets held by Reliance Marcellus II LLC, a unit of Reliance Holding USA Inc. and Reliance Industries Ltd (RIL), were sold to BKV Chelsea […]
India plans to lessen its drug reliance on China
NEW DELHI: The recent tension between India and China has prompted the government here to think of measures to reduce its dependence on China for pharmaceutical products. The health ministry along with drug regulators is planning to take a series of measures to limit reliance on China as well as tighten the regulatory checks and balances […]
Illegal Indian immigrants in US: Many overstayed their tourist or student visas or are from broken marriages
Chirayu Patel was filling out university applications when he found out that he was living illegally in the US. It made little sense to him — he remembers legally migrating from Ahmedabad to Chicago at the age of 11 when his father was granted a US work visa in 1994. However, when Patel applied to […]
Indian-origin scientist gets $8.1 million grant for cancer research
WASHINGTON: An Indian-origin scientist in the US has been awarded a USD 8.1 million grant to support her research on lethal head and neck cancer, which could help improve the survival rates of patients. Nisha D’Silva received the prestigious Sustaining Outstanding Achievement in Research award, or SOAR, for her continuing research into the molecular pathways […]
Indian-origin ‘chicken king’ in UK eyes biscuit empire
LONDON: Britain’s Indian-origin “chicken king”, whose poultry operations is battling a hygiene scandal at one of its factories, is reportedly looking at expanding his biscuit empire. Ranjit Singh Boparan, who owns ‘2 Sisters Food Group’ — the biggest supplier of poultry to supermarkets in the UK — is in talks to merge his Fox’s Biscuits […]
Indian-American entrepreneur offers fast track mini nuclear reactors to India
WASHINGTON: An Indian-American entrepreneur has pitched for fast track mini nuclear reactors, saying they are economical and could be constructed within two years. Negotiations on mega nuclear power plants with US companies Westinghouse and General Electric are either in doldrums or moving at snail’s pace. Click here to read more… Credit: timesofindia.indiatimes.com
NRI association discusses demonetisation issue with Sushma
NEW YORK: Overseas Citizens of India (OCI) and persons of Indian origin (PIO) are still struggling with demonetisation with at least Rs 75,000 crores lying with them in demonetized notes. The issue was brought up as a delegation from Gopio(Global Organization of People of Indian Origin) met external affairs minister Sushma Swaraj in New York recently. “The minister said the […]
Narendra Modi pitches development, GST in poll-bound Gujarat
Prime Minister Narendra Modi began his two day visit to poll bound Gujarat on Saturday and inaugurated a series of projects while underlining the Bharatiya Janata Party’s agenda of development that has become a major campaign issue in the PM’s home state. Speaking at a function in Chotila in Surendranagar district where he laid the […]
Govt revokes 36-year-old protocol to end VIP culture in Indian Railways
The railway ministry has asked its senior staff to slug it out – at home and at work – as part of steps to end the VIP culture in India’s national transporter. In an unprecedented move, the ministry has brought to an end a 36-year-old protocol where it was mandatory for general managers to present […]
China urges India to ‘face the facts and abide by historic treaty’ on border areas
BEIJING: China on Sunday referred to the 1890 UK-China treaty which it claims demarcated the Sikkim sector of the China-India border as it urged New Delhi to abide by its provisions, a day after Defence Minister Nirmala Sitharaman made her maiden visit to the Nathu La post. Reacting to Sitharaman’s visit to the area, the Chinese foreign ministry on Sunday said […]