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Bailout plan for SpiceJet

Ut World December 19, 2014 0

A former part-owner of SpiceJet Ltd is leading a 12 billion rupees bailout plan to rescue the budget carrier from collapsing, two Indian newspapers reported on Friday. SpiceJet, India’s second largest low-cost airline, ran out of cash this week to pay its creditors, forcing the airline to Continue Reading

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India checks security before President Obama’s arrival in January

Ut World December 18, 2014 0

India has put security agencies on nationwide alert for a militant strike in the lead-up to a visit by U.S. President Barack Obama next month, citing an assault on a Pakistani school this week as a warning signal. An advisory sent out on Tuesday to law enforcement agencies after the Pakistan Taliban stormed the Peshawar […]Continue Reading

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Young boys use toy guns to try to rob bank in Israel

Ut World December 15, 2014 0

Using toy guns, a 12-year-old boy and his 13-year-old accomplice tried to rob a bank in Israel but fled without any cash after apparently losing their nerve, police said on Thursday. Security camera footage showed the boys, wearing hooded sweatshirts, entering the bank in Rishon Lezion, a suburb of Tel Aviv on Wednesday, one had a […]Continue Reading

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Brent falls by 2.5 percent

Ut World December 15, 2014 0

Oil prices bounced back more than a dollar on Monday, after hitting 5-1/2-year lows of $60.28 earlier in the session, as traders began pricing in expectations of improving manufacturing data to be published later this week. Brent fell as much as 2.5 percent after the International Energy Agency forecast price falls and OPEC’s chief defended the group’s decision not […]Continue Reading

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DreamWorks animation to start family channel

Ut World December 13, 2014 0

DreamWorks Animation SKG said it plans to launch a 24-hour family-oriented television channel in 19 Asian countries during the second half of 2015 as part of its effort to expand television production and distribution. Shows running on the channel, including “All Hail King Julien”, “The Adventures of Puss in Boots” and “How to Train Your […]Continue Reading

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Kailash Satyarthi on ending child labour

Ut World December 13, 2014 0

Apathy is the biggest obstacle to eliminating forced child labor and the world needs more secular education to reduce intolerance, Nobel Peace Prize winner Kailash Satyarthi said on Tuesday. In Oslo, where he will receive the award on Wednesday, Satyarthi told Reuters the problem was not religion itself but people who hide behind it for […]Continue Reading

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International Fashion Fest inaugurated by Mr. V.P.Nandakumar

Ut World December 12, 2014 0

Kochi: The second edition of Manappuram Riti Jewellery International Fashion Fest, organised by PEGASUS, was held at Dream Hotel, today at 6.30pm. The International Fashion Fest is a day branded entertainment environment providing activities and opportunities for fashion designers and sponsors to come face-to-face with the principal tastemakers, celebrities, musical Continue Reading

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Defense supplier for India

Ut World December 12, 2014 0

Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India’s top defense supplier, even though New Delhi’s options had improved since the end of the Cold War. Modi spoke after a one-day summit that sought to revive a relationship that peaked in the Soviet era. The two sides signed billions […]Continue Reading

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Nigeria’s presidential ballot

Ut World December 12, 2014 0

Nigeria’s ex-military ruler Muhammadu Buhari will be the main opposition candidate in nextyear’s presidential ballot after triumphing in a primary election, a televised count showed onThursday. Buhari will face President Goodluck Jonathan in the vote, scheduled for February 2015, whichwill be played out against a backdrop of economic woes and security fears Continue Reading

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Uber to be stopped in Thailand

Ut World December 11, 2014 0

Thailand has ordered U.S. online taxi booking company Uber to cease operations, on the same day taxi apps were banned in the Indian capital New Delhi where an Uber driver is under arrest for suspected rape. The Southeast Asian nation’s Department of Land Transport said drivers picking up fare-paying passengers via Uber’s app were neither registered nor insured Continue Reading