Popular Articles

When one becomes two
Co-heads: Bankers love to talk about how one plus one is three. But sometimes in investment banks, one plus one equals just one. Morgan Stanley, Credit Suisse and UBS have replaced their sole heads of investment banking in Asia with double-acts in the space of a few weeks. Goldman Sachs’ decision not to replace its departing M&A co-head, leaving one banker in charge of Asian dealmaking, looks positively unfashionable by comparison.

Idiot saga: Upset Aamir hits back at Chetan Bhagat
An upset Aamir Khan has spoken out against author Chetan Bhagat, on whose novel the star"s latest blockbuster "3 Idiots" is based, accusing him of trying to take away the credit from the film"s scriptwriter.

News of the day

Tata Motors launches new entry-level sedan, Manza
India’s third biggest passenger vehicle maker, Tata Motors, today launched the Manza sedan, priced at Rs 4.8 lakh (ex-showroom, Delhi). The bookings commence tomorrow. This will replace the Indigo as the company’s new entry-level sedan.
International Business

23 thermal plants not complying with emission norms

At least 23 thermal power plants in the country are not complying with the emission norms prescribed by the State Pollution Control Boards, the Lok Sabha was informed today. - India contributing more than 8,000 troops to UN - Right and wrong medicines - Govt may merge various food schemes in Food Security Act - Serious design deficiency led to metro mishap, says Reddy - China threatens to ban import of Indian seafood - Govt to provide 1% home loan subsidy "Of these 23 plants, five are in Maharashtra, three each in Uttar Pradesh and West Bengal and two each in Andhra Pradesh, Jharkhand and Gujarat," Jairam Ramesh, Environment Minister said in reply to a written question. All the defaulting states have been asked to take measures in a time-bound manner to ensure compliance of environmental standards, he said adding that they have been also asked to submit bank guarantee to their concerned SPCB. Regarding the total fly ash generation by the power plants in the country, he said that it is estimated to be 112.29 million tonnes per annum (MTA) out of which 58.37 MTA is utilized and rest is disposed into ponds. The Minister said so far no study has been conducted by the Central Pollution Control Board (CPCB) to measure the impact of these plants on the environment and human health.


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