A court on Thursday extended the police custody to Monday of Jignesh Shah, chairman of Financial Technologies (India) Limited, and Shreekant Javalgekar, former managing director (MD) and chief executive officer (CEO) of Multi Commodity Exchange, as the police wanted to further question the two on Indian Bullion Market Association (IBMA)'s transactions on National Spot Exchange Limited (NSEL). IBMA is a subsidiary of the exchange.

In less than a year of signing a memorandum of understanding with Mukesh Ambani-promoted Reliance Industries Ltd (RIL) to explore the possibility of sharing the latter’s infrastructure on the East Coast, Oil and Natural Gas Corp (ONGC) has taken RIL to the Delhi High Court. The state-run company has accused RIL of pilfering gas from its blocks sitting next to the Ambani firm’s KG-D6 gas block.

More than 20 people were killed and rioters attacked Vietnam’s biggest steel plant overnight as violent anti-China protests spread to the centre of the country a day after arson and looting in the south, a doctor and newspapers said on Thursday.

A doctor at a hospital in central Ha Tinh province said five Vietnamese workers and 16 other people described as Chinese were killed in the rioting, one of the worst breakdowns in Sino-Vietnamese relations since the neighbours fought a brief border war in 1979.

Veteran Congress leader N D Tiwari has married Ujjawala Sharma, mother of his biological son Rohit Shekhar with whom he was involved in a six-year-old legal battle.

“Tiwariji married Ujjawala Sharma yesterday at his Mall Avenue residence”, a staff member of 89-year-old Tiwari said.

Afghanistan’s election commission announced on Thursday that the country’s presidential election is going into second round, with the two top vote getters to face off on June 14, 2014.

The race will likely be tight between the two contenders, former Foreign Minister Abdullah Abdullah and ex-Finance Minister Ashraf Ghani Ahmadzai.

With bacteriological diagnosis of TB (via sputum samples) in children, particularly in those aged below five years, being riddled with problems, scientists are looking at alternative methods that do not rely on sputum samples. A proof-of-concept study published recently in The New England Journal of Medicine shows promise. The sample used was blood.Suzanne T. Anderson from the Brighton and Sussex Medical School, University of Sussex and others could confirm TB disease by looking for specific signatures in 51 genes.

Sun Pharmaceutical Industries Ltd has inked a settlement pact with Novartis Pharmaceutical Corporation over cancer drug Gleevec, paving the way for the Indian drug major to launch a generic version of the medicine in the US market in 2016.

Faced with a high level of attrition, India’s second-largest IT services exporter Infosys, is going all out to strengthen its human resources (HR) initiatives to reverse the trend of people leaving the organisation and build a culture of high performance.

Infosys, which had a total employee strength of 160,405 at the end of FY14 reported an attrition of 18.7%, which was a rise of 2.4% when compared to the previous fiscal.

BANGALORE: Virginia Marie "Ginni" Rometty, IBM's chief executive officer, conveyed a message of tough love to employees in India during a low profile visit to Bangalore last week. Rometty, 56, who is trying to win over Wall Street's sceptical investors about her efforts to reinvigorate the $100-billion company, spoke about India's rising importance as she implements her gameplan, employees who heard her said.

Actor-producer John Abraham, also a self-confessed football enthusiast, will promote 2014 FIFA World Cup in India.

With the world's greatest football tournament just around the corner, sports and entertainment channel Sony Six is set to launch their 2014 FIFA World Cup marketing campaign and they have roped in John Abraham for the same, said a statement Wednesday.

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