In war against black money, Modi govt steps up scrutiny of shell firms

In war against black money, Modi govt steps up scrutiny of shell firms

When Prime Minister Narendra Modi banned high-denomination currency bills in a surprise move late last year, authorities noticed a surge in shell companies depositing cash in banks, seemingly in a bid to hide who owned that wealth. The moment, said a top aide to Modi, was an eye-opener for the government, which had not realized just how much shell companies were being used to hide assets and launder money. Modi’s office has formed a team of top law enforcement and revenue officials to go after such companies, according to the aide…

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Sahara to move court against IRDAI’s decision on life insurance business

Sahara to move court against IRDAI’s decision on life insurance business

Chennai: The Sahara group on Sunday said it would approach the court against insurance regulator’s order of transferring life insurance policies of Sahara India Life Insurance Company Ltd to ICICI Prudential Life Insurance Company Ltd. In a statement, the group said: “Sahara will pursue its remedy, against such approach of IRDAI, in the court of law.” “IRDAI (Insurance Regulatory and Development Authority of India) appointed administrator for the reason best known to them and the said administrator secretly submitted a report to the IRDAI for transferring the business of Sahara Life…

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Kuwait gets first integrated national center for defense against WMDs

Kuwait gets first integrated national center for defense against WMDs

Saab and its Kuwaiti partner have delivered the world’s first integrated national center for defense against weapons of mass destruction to Kuwait. The chemical, biological, radiological and nuclear, or CBRN, center is now operational and covers the entire country with fixed and mobile sensors and units. “This CBRN center in Kuwait strengthens our position as a supplier of advanced CBRN solutions,” Torsten Öhman, Saab’s acting head of Business area Support and Services, said in a company news release. “Our ability to take the prime contractor role for this ground-breaking CBRN solution…

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Kaspersky Files Antitrust Complaints Against Microsoft in Europe

Kaspersky Files Antitrust Complaints Against Microsoft in Europe

Russian security software maker Kaspersky Lab has filed antitrust complaints against Microsoft with the European Commission and the German federal cartel office, it said in a statement on Tuesday. Kaspersky Lab says that Microsoft is abusing its dominance in the PC operating system market, creating obstacles for independent software security vendors by distributing its own Defender anti-virus software with the ubiquitous Windows operating system. Microsoft said in a statement on Tuesday that it had not violated any laws. “Microsoft’s primary objective is to keep customers protected,” the company said in…

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Mumbai parents win fight against fee hike, civic body asks school to roll back its decision

Mumbai parents win fight against fee hike, civic body asks school to roll back its decision

Parents of those studying in Turner Orchids, the International School in Koparkhairne on the outskirts of Mumbai have managed a small victory. Taking note of their complaint, the Navi Mumbai Municipal Corporation (NMMC) has ordered the school to roll back its fee hike. The parents, in their complaint, said the school has asked parents to pay Rs10,000 (for Class 6 and 7) and Rs15,000 (for Class 8) for the upcoming academic year (2017-18) under the Orchids Careers Foundation Programme (OCFP), in addition to their regular fees. The parents claimed the…

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The Case Against Butter and Meat: They Can Double Your Risk of Diabetes

The Case Against Butter and Meat: They Can Double Your Risk of Diabetes

It seems unfair that most food items that we cherish so dearly are not really the best for our health. Take butter for instance, or even meat. The flavour of a steak done in butter or even a hot toast slathered with a generous spread of the fat makes it taste so good. But then again, health experts would always advise you against indulging in too much of it. While the debate seem to continue on whether saturated fats – such as butter – is good or bad for health,…

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Genetically-engineered mosquitoes give hope against dengue

Genetically-engineered mosquitoes give hope against dengue

In a first, researchers have genetically engineered mosquitoes that have an increased resistance to infection by the dengue virus. After decades of research and countless control attempts, dengue continues to infect an estimated 390 million people around the world each year. Now, researchers report that mosquitoes carrying dengue virus (DENV) can be genetically engineered, giving an increased resistance to infection by the virus. When a mosquito bites someone infected with DENV, the virus needs to complete its lifecycle in the mosquito’s gut, eventually infecting its salivary glands, before it can…

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Vaccine shows promise in fight against breast cancer

Vaccine shows promise in fight against breast cancer

An experimental vaccine is safe and effectively stimulates the immune system leading to regression of early-stage breast cancer, show results of a clinical trial. The researchers created the vaccine from immune cells called dendritic cells that are harvested from each individual patient to create a personalised vaccine. The immune cell vaccine targets the HER2 protein on breast cancer cells. The HER2 protein is overexpressed in 20-25 per cent of all breast cancer tumors and is associated with aggressive disease and poor prognosis. Researchers had previously shown that immune cells are…

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Eat These Foods to Build Resistance Against Effects of Air Pollution

Eat These Foods to Build Resistance Against Effects of Air Pollution

The air we breathe has reached dangerous levels of pollution. People with no known respiratory problems are landing up in hospital emergency rooms. While the government does its bit to improve air quality, we would like to introduce you to some natural antioxidant nutrients that can help your body deal with this onslaught. The polluted air that we inhale introduces ozone, nitrogen dioxide, particulate matter, diesel exhaust particles, etc. into our lungs. The protective antioxidants present in the lining of our lungs fight it out till they are outnumbered, thereafter…

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Aamir Khan Travels to Bhutan to Advocate Against Malnutrition

Aamir Khan Travels to Bhutan to Advocate Against Malnutrition

Actor Aamir Khan, who is a Unicef Regional Goodwill Ambassador, took time out from his schedule to meet children affected by malnutrition here and to witness how the organisation is working to address stunting across the country. “While Bhutan has made amazing progress in areas of health and nutrition, there’s still work to be done and every child is yet to be reached,” Aamir said in a statement. Stunting, caused by chronic malnutrition, is endemic in South Asia with an estimated 38 per cent – 64 million – of children…

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