Six people have lost their lives in the clashes between the supporters of self-styled godman Rampal and the Haryana Police in Hisar.

Bodies of four women were handed over to police by Rampal's staff. Two others, including an infant, were taken to a hospital where they died, police said here today.

An AK-47 rifle wielding man allegedly tried to abduct Aurobindo Pharma’s Director K Nityananda Reddy from his car near a park and opened fire when Reddy and his brother resisted in the posh Banjara Hills this morning.

No one was injured in the incident that spread panic in the upscale area. Police said the attacker fled leaving behind his weapon.

Three Indian cities - Amritsar, Jaisalmer and Thiruvananthapuram - feature in the top 100 list of highest quality service in hotels in terms of giving the best value for money, as per a study by leading global hotel search website trivago.

This top 100 list scans cities from India to Peru and from the United States to Australia.

Benchmark indices are trading in a tight range with Sensex and Nifty swinging between negative and positive zone. After touching record highs in the opening trades, markets slipped on account of profit booking at higher levels.

By 10:25, the Sensex was lower by 3 points at 28,160 mark whereas the Nifty dipped 8 points at 8,418 levels.

Mumbai: A weak outlook for natural gas prices will likely keep the price of domestically produced gas within the band of $5-6 per million metric British thermal units (mmBtu) for at least two years although the government’s new pricing formula allows for a revision every six months.

This means Oil and Natural Gas Corp. Ltd (ONGC) and Oil India Ltd (OIL) will not get to raise the gas price periodically under the formula unveiled in October, which prescribed a much lower price than the $8.4 per mmBtu approved by the previous government.

The World Bank has approved a grant of $285 million to finance the three west African countries hardest hit by the Ebola crisis.

The grant is part of the nearly $1 billion of financing previously announced by the World Bank for Guinea, Liberia and Sierra Leone, reports Xinhua.

Infosys on Tuesday announced the termination of the services of Abraham Mathews, chief financial officer (CFO) of its business process outsourcing (BPO) subsidiary, for non-compliance with the model code of conduct. The company also said Gautam Thakkar, chief executive officer of Infosys BPO, had quit, taking moral responsibility for the incident.

While Infosys did not elaborate on the said violation, sources close to the development said Mathews had failed to bring to the company's notice financial irregularities at one of its BPO centres. They added Mathews wasn't directly involved in the irregularities, but had failed to report the incident.

The Securities and Exchange Board of India (Sebi) is learnt to be working on facilitating settlement of enforcement proceedings even before formal showcause notices are issued.

According to people privy to the matter, the regulator is considering a mechanism through which it would send its basic findings to the entity under scrutiny, by way of a basic notice, before issuing a formal enforcement showcause notice. The basic notice will ask if the entity wishes to settle the proceedings through the consent mechanism.

Tata Power today said it has raised Rs 1,500 crore through issue of securities. It has issued two series of Non- Convertible Debentures (NCDs) worth Rs 1,500 crore on a private placement basis.

In a statement, Tata Power said the proceeds would be used for general corporate purposes of the company, including repayment of maturing foreign currency convertible bonds, capital expenditure and working capital.

The number of Indian students studying in the US has risen by 28% since October 2013.

Data from the Student and Exchange Visitor Program (SEVP), a program within the US Immigration and Customs Enforcement (ICE), says there are currently 1.11 million F & M students studying in the United States. 30% of all F & M students originate from China, followed by 12% from India.

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