
Daily Newsletter | Sunday, June 12, 2016 | | ED moves to attach Mallya's assets of Rs 1,411 cr | The Enforcement Directorate on Saturday provisionally attached nine movable and immovable properties worth Rs 1,411 crore of Vijay Mallya and United Breweries (Holding) Limited, of which he is the chairman, as part of a money laundering probe against him. |
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| At 87, she is still fighting 'D' company | Siddarth.Banerjee@timesgroup.comIn a house in Amritsar's Basant Avenue, an 87-year-old woman continues to fight the menace of drug addiction in Punjab, in spite of her failing health. |
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Diamond City's Tulsi Bhabhi has sacred gift for all | For many in Diamond City, she is Tulsi Bhabhi though her real name is Surekha Patel. Her passion is to see a Tusli (basil) plant in every house in the city and for this she gives away the plant to everybody free-of-cost. |
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| Apple WWDC 2016: Siri, iOS 10 and what else to expect | The event, scheduled to begin on June 13 at 10:00 AM Pacific Time (10:30 PM Indian Standard Time), is expected to bring in an improved version of Apple’s Siri virtual assistant, as well as improvements to watchOS and tvOS. |
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| | Gawker Media files for bankruptcy, to go up for sale | Gawker Media filed for bankruptcy and put itself up for sale after a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape. Billionaire investor Peter Thiel funded Hogan's lawsuit against Gawker because of an old feud. |
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Dr Reddy’s in $350m deal to buy eight US drugs | India's second-largest drugmaker Dr Reddy's Laboratories Ltd said it agreed to buy eight generic drugs from Teva Pharmaceutical Industries and Allergan Plc for $350 million in cash to bolster its US business. The deal is among Dr Reddy's biggest acquisitions. |
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China must quickly tackle corporate debt: IMF official | China must act quickly to address mounting corporate debt, a major source of worry about the world's second-largest economy, David Lipton, first deputy managing director of the IMF, warned in a speech to a group of economists. China has been grappling with rising debt levels and overcapacity. |
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