Philips to sell majority stake in lighting components division for $2.8 bn
Philips today agreed to sell a majority stake in its lighting components division to private equity investors for $2.8 billion as part of its plan to focus on the consumer health-care market
China plans massive space power station
The futuristic power station would convert the generated electricity to microwaves or lasers and transmit it to a collector on earth
Adani meets Queensland premier amidst fresh green threat to mine project
Adani says the mine will create 10,000 jobs and fetch $22 billion in taxes and royalties to Queensland state, but the environment group argues that the 280 sq km Carmichael mine would destry the country's ecosystem and pollute the world
SC asks Advani, others to explain Babri demolition
The CBI had charged Advani and 20 others under sections 153A (promoting enmity between classes), 153B (imputations, assertions prejudicial to national integration) and 505 (false statements, rumours etc. circulated with the intent to cause mutiny or disturb public peace) of the IPC
Teva Pharmaceutical to buy US neurology drug firm Auspex $3.5 bn
Auspex is a biopharmaceutical company specialising in applying deuterium chemistry to known molecules to create novel therapies with improved safety and efficacy profiles
Sebi proposes alternative platform for new-age start-ups to raise capital
The capital market regulator has suggested relaxing some key requirements for encouraging internet start-ups to list on domestic bourses
UnitedHealth to buy pharmacy benefit firm Catamaran for $12.8 bn
US health insurer UnitedHealth Group Inc yesterday struck a $12.8-billion all-cash deal to buy Catamaran Corp that would see the merger of the third and fourth-largest pharmacy benefit companies in the US
Japanese-led startup to clean up space debris
According to experts, some 150 million pieces of debris measuring more than 1mm in diameter and moving at a speed of 7-8km per second are floating around the earth
Union Budget: 2015-16
Economic Survey : 2014-15

  Hostile boss? study finds advantages to giving it right back
  A new study finds that employees who had hostile bosses were better off on several measures if they returned the hostility
  Managing choice overload while deciding which one to buy
  Having more choices is generally considered a good thing until buyers actually have to choose that one cell phone or car from among a dozen or so options
  Boxing the ghosts of the past
  Writer-director Nidhie Sharma, who is passionate about adventure, talks to Swetha Amit about her first novel, Dancing with Demons, set in the backdrop of boxing, which is soon to be made into a mainstream feature film
  Novel method projects growth potential of new firms
  A detailed study by MIT economists, based on an empirical study, shows with new precision which tech businesses tend to thrive. By Peter Dizikes
  Delving deep into the mind of a story teller
  Former Member of the Parliament, Lord Jeffrey Archer, best-selling author who has topped the bestsellers' charts 18 times, talks to Swetha Amit about his undying passion for being a good story teller
  The Red Sari tells us just who Sonia Gandhi is
  Javier Moro's The Red Sari, far from being a scandalous work, humanizes Sonia Gandhi; trying to suppress it was simply absurd, writes author and journalist Sidharth Bhatia
  New materials from waste CO2
  Waste CO2, captured from emissions can be used to produce polymers which are important in the production of materials called polyurethanes
  An architect's journey from the sole to her soul
  Parul Sheth, architect and marathon runner, talks to Swetha Amit about her new book The Running Soul and how being a marathon runner subconsciously transformed her life
  A Budget with multiple focus areas
  This is a budget that can boost both infrastructure and manufacturing, which in turn, will create employment and augment India's competitiveness vis--vis its peers. By Hemant Kanoria, CMD, Srei Infrastructure Finance Limited
  The Intersection of Three Crises
  Within the past two weeks, a cease-fire roadmap was agreed upon in Minsk, a temporary deal to keep Greece in the eurozone was reached in Brussels, and US and Iranian negotiators advanced a potential nuclear deal in Geneva. Understanding how these crises are linked is the first step toward assessing when and where the next flare-up is likely to occur, says Stratfor analyst Reva Bhalla.
  IAS memories: Voting day tamashas
  Retired IAS officer Vivek Agnihotri, a former secretary to government of India, and secretary-general, Rajya Sabha, recalls voting day malpractices before EVMs were introduced
  In defence of Duryodhana
  V Raghunathan, CEO of GMR Varalakshmi Foundation, and former IIM-Ahemedabad profesor of finance, has authored several books. In this interview, with Swetha Amit he talks about his advocacy for the mythological character of Duryodhana, in the Mahabhrat what constitutes evil in this world and his upcoming book
 search domain-b