Around the Globe

Around the Globe

Officer who probed Gujarat riot cases named NIA chief

The appointments committee of the cabinet (ACC) named senior IPS officer YC Modi (in pic) to head the National Investigation Agency (NIA), according to an order issued by the department of personnel and training.

Modi, a 1984 batch IPS officer of the Assam-Meghalaya cadre, was part of the Supreme Court-appointed special investigation team that probed the 2002 Gujarat riot cases. Modi will hold the post till his superannuation, i.e. May 31, 2021, the order said. Modi currently works as special director in the CBI.

10,000 UK finance jobs affected in Brexit’s first wave

Over 10,000 finance jobs will be shifted out of Br­it­ain or created overse­as in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in international finance. Fra­nkfurt was by far the most popular destination for the new roles, the survey sh­o­wed, with Paris a distant second.

Obama goes from White House to Wall Street in 8 months

Hillary Clinton says she made a mistake when she gave speeches on Wall Street after leaving government. Taking money from banks, she writes in her new memoir, created the impression she was in their pocket.

Her old boss doesn’t seem to share her concern.

Register details by Sept 30, Yogi govt asks madrassas

The Uttar Pradesh government on Sunday extended the deadline for all madrassas of the state to register themselves on the state government's website by 15 days.

The last date for registration is September 30, minority welfare minister Laxmi Narayan Chaudhary told PTI. He said there were some technical bottlenecks, which have been removed.

Chinese Fosun to buy smaller stake in Gland Pharma

Shanghai Fosun Pharmaceutical Group has agreed to cut the size of the stake it will buy in India’s Gland Pharma to 74 per cent, the Chinese drugmaker said on Sunday.

It said Gland Pharma’s founding family wanted to retain a higher stake in the Indian firm because of its good performance.

Fosun had previously been targeting an 86 per cent stake valued at about $1.26 billion. It said in a statement to the stock exchange that the board had approved the new plan, which would involve investment of no more than $1.09 billion.

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