Hopes of the impasse over government formation ending have brightened in the restive Jammu and Kashmir. A high powered J&K state BJP core group is meeting the party's central leadership on Monday to discuss the possible alliance in a bid to end impasse over the government formation. The group would be meeting the BJP president Amit Shah in national capital to discuss political situation and give their inputs about the possible alliance in Jammu and Kashmir.

Imagine that a man walks into a party with a gun in his hand. He may smile and assure everyone that he has no intention of using it, but people are still going to step carefully around him. And chances are the room will empty out pretty quickly.

The Securities and Exchange Board of India’s new set of research analyst regulations, which seek to regulate disclosures, conflict of interest and compensation practices for research analysts, has the potential to do something similar.

Shares in Ashok Leyland has surged 6% to Rs 56.50, also its record high on BSE, after the company said it has reported 48% year-on-year jump in total sales at 9,290 units in December 2014. Auto major had sold 6,275 units during the same month of 2013.

Sales of medium and heavy commercial vehicles soared 85% in December 2014 to 7,210 units as against 3,890 units sold during the same month of previous year, Ashok Leyland said in a statement.

The Indian Oil Corporation (IOC) has said is in the final stages of taking over land and forming a joint venture for the liquefied natural gas (LNG) terminal project at Ennore near Chennai. The cost of the project, which will be the first LNG terminal in the eastern coast, has been revised to Rs 5,150 crore.

Speaking on the sidelines of the alumni association’s meeting of College of Engineering, Guindy in Chennai on Sunday, IOC chairman B Ashok said orders were being firmed up and the joint venture would be formed in a month. The project is expected to be completed by end-2017.

The number of people infected with the deadly Ebola virus reached 20,381 people by the end of 2014, and 7,989 of them died of the disease, according to figures released on Friday by the World Health Organisation (WHO).

The data includes confirmed, suspected and probable cases recorded in Guinea Conakry and Sierra Leone until Dec 31 and in Liberia until December 28.

A 14-year-old girl was killed Saturday during exchange of fire between Pakistani para-military troopers and India's Border Security Force (BSF) along the Line of Control (LoC), a media report said.

Samira was a resident of Punjab province's Sialkot city, Dawn reported.

Pakistan has rejected India’s claim that the crew of a Pakistani fishing boat blew up and sank their vessel in an attempt to evade capture at the hands of the Indian Navy in a high-speed chase at sea, Geo News reported.

Pakistan Foreign Office spokesperson Tasneem Aslam denied that any boat from Keti Bunder port of the country’s Sindh Province had sailed off.

Auto major Ashok Leyland reported 48% jump in sales at 9,290 units in December 2014.

The Hinduja Group company had sold 6,275 units during the same month of 2013.

Indian and Pakistani border guards continued to exchange heavy fire overnight at the international border in Jammu and Kasmir's Samba district.

"Heavy firing exchanges continued between the BSF and Pakistan Rangers in Ramgarh, Hiranagar and Samba sectors of the international border till early morning," a senior police officer told IANS here Saturday.

Hundreds of employees of NVH India Auto Limited, one of the suppliers for Hyundai Motor India Limited, went on a sit-in-strike, after a South Korean national (learnt to be the company’s managing director) allegedly assaulted an employee.

A video, which was uploaded on YouTube, shows a Korean national standing on the victim. However, the authenticity of the video could not be ascertained. The video went viral on the social media.

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