Sunday, December 21, 2014

Flipkart now valued at $11 bn after raising another $700 mn | Business Standard News

Flipkart now valued at $11 bn after raising another $700 mn | Business Standard News


A country-wise advisory issued in Indian by the Union Home Ministry in the backdrop of the horrific attack on school children in Peshawar,  is  extensively covered by the Press. "Schools issues SOPs to deal with terror strikes", headlines The Asian Age, and  Hindustan Times writes Government wants higher walls, CCTVs and armed guards in schools.

The other story covered prominently this morning is of the enormous and co-ordinated Indian protest - after a Pakistani court released on bail 26/11 mastermind Zaki-ur-Rehman Lakhvi. "United Lok Sabha raps Pakistan for Lakhvi Bail",  headlines the Pioneer and the Times of India wrties" Outrage forces Pakistan to book Lakhvi afresh, keeps him in  jail for 3 more months.

Government pushes 'historic' tax reform' - reports The Hindu, with the Finance Minister assuring the States that they will benefit from the beginning.

Mail Today reports that the Supreme Court has strongly decried the increasing corrupt practice of "bench hunting", mostly in lower courts, with litigants and lawyers managing to get their cases heard by a particular judge - to ensure a favourable order.

Almost five months after the Gujarat High Court suspended the conviction of former state minister, Maya Kodanani, for the 2002 riots while granting bail to her on medical grounds, it has clarified that the word 'conviction' had crept into its order due to a 'typographical mistake' - reports the Indian Express.

"SpiceJet up for sale", writes the Hindu. With the Marans of Sun Group not keen on investing more, one of the original co-promoters of SpiceJet, Ajay Singh, is trying to acquire a fresh stake along with a couple of financial advisers.

The Times of India tells of a two year and 10 month old child in Bangalore who was declared brain dead on Thursday. His organs were donated and have given life and light to other children in Karnataka. His heart has helped a critically ill Russian boy in Chennai to survive.

And finally the Asian Age informs us that 3 scientists from the Jawahalal Nehru Centre for Advanced Scientific Research in Bengaluru - could well be basking in glory soon - for discovering potential drugs against the dreaded Ebola virus. Their research findings have been shipped to the United Kingdom for efficiency test against the fatal virus.

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