British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.
James Rothman, Randy Schekman and Thomas Suedhof won the 2013 Nobel Medicine Prize 2013 on Monday for solving the mystery of how the cell organises its transport system. The winners will share equally the prize sum of eight million Swedish kronor (USD 1.25 million), reduced because of the economic crisis last year from the 10 million kronor awarded since 2001.
Who can forget the 1996 World Cup quarter-final in Bengaluru? Or Sachin Tendulkar's magical knock at Centurion in the 2003 World Cup? Or Kapil Dev-inspired India bowling out Pakistan 87 at Sharjah?
"Pakistan's jump from an estimated 60 to 110 nuclear weapons is unlikely to shift the balance of power vis a vis India," said Alexander H Rothman and Lawrence J Korb from the Centre for American Progress in their analysis of the recent news reports that Pakistan's nuclear arsenal.
Hybrids can get us to 100mpg, but only if we relearn how to drive, says Lisa Margonelli.
A quiz for all you Sachin Tendulkar fans.
US Commercial Service, the nodal agency for identifying business prospects and partners in the US, has been successful in working out 600 business deals for the Indian companies in the past one year.
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
Rediff.com lists 10 athletes who died way before time.