Top Headlines: India’s interceptor missile test a hit; two-layered shield possible

Times of India

Daily Newsletter | Sunday, February 12, 2017
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India’s interceptor missile test a hit; two-layered shield possible
The “exo-atmospheric” (outside the earth’s atmosphere) interceptor missile tested on Saturday, also called the PDV (Prithvi defence vehicle), after all, directly hit the target missile at an altitude of 97km. The test began at 7.45am with the two-stage target missile, mimicking an enemy ballistic missile, being launched from a ship in the Bay of Bengal.
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Sasikala DA case: SC verdict unlikely on Monday
The much-awaited verdict in the disproportionate assets case, in which V K Sasikala is accused, is unlikely to be pronounced by the Supreme Court on Monday, prolonging the political uncertainty in Tamil Nadu. The SC cause list — which catalogues the court’s business for the day — does not mention the case for Monday.
4 MPs & education minister now in OPS camp
Tamil Nadu CM O Panneerselvam breached the inner fort of the V K Sasikala brigade on Saturday when school education minister K Pandiarajan, four Lok Sabha members — PR Sundaram, K Ashok Kumar, SP Sathyabhama and R Vanaroja — and MGR loyalists C Ponnaiyan and C Aranganayagam crossed over to his side.


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BSP will take first photo-op of rakhi with BJP: Akhilesh Yadav
Akhilesh Yadav on Saturday said Mayawati had once sided with the BJP to form a government in UP and will not hesitate to so again to come to power if such a situation arises.


Snapdeal plans to cut 1,000 jobs
In February 2016, Snapdeal had put over 200 employees on a Performance Improvement Program and eventually let go of the additional staff.
Infosys CEO Vishal Sikka safe for now, say fund managers
Vishal Sikka’s position as Infosys CEO appears to be safe for now with fund managers and insurance companies saying that there is no threat to his position, but they hope to see a resolution of differences between promoters and the management.
Salary increments at IT companies may fall to 2% this year
In the technology industry, the career ladder isn’t the only important attribute disappearing too quickly: Additional digits on payslips may be the next to go as wage-growth at software companies increasingly moves in lockstep with recent investor re…


Hyderabad Test: Mushfiqur leads Bangladesh fightback
On a day where the Indian bowlers seemed to be in with a chance of running away with advantage, both batsmen struck crucial partnerships to take Bangladesh to a 322/6.
Talking Points: Shakib, Mushfiqur bail Bangladesh out
Inspiring half-centuries from Shakib Al Hasan and skipper Mushfiqur Rahim, and a maiden fifty from 19-year-old Mehedi Hasan on a testing surface capped off a satisfying day for Bangladesh.
Won’t be surprised if India win 4-0 against Aussies: Ganguly
Former India captain Sourav Ganguly on Saturday said he wouldn’t be surprised if India swept Australia 4-0 in the upcoming Test match series, commencing on February 23 at Pune.


Sebi to amend norms governing stock exchanges
Capital market regulator Sebi on Saturday said the norms governing stock exchanges and other market infrastructure institutions would be reviewed and amended after a public consultation process. Sebi said the consultative paper seeking public comments on this matter would be released in due course.
Lufthansa brings the modern Airbus 350-900 to Delhi
German airline Lufthansan initiated commercial services of Airbus 350-900 on its Munich to Delhi route, connecting the capital to it’s global network.
Demonetisation took the fizz out, feels Coke
British-born James Quincey, who will succeed Muhtar Kent at Coca-Cola’s Atlanta corner office in May, told investors during an earnings-analysis call on Friday that “demonetisation in India effectively drained liquidity”, but would ultimately help companies in the organised sector.


Karan Johar says Ajay Devgn shouted at him, said nasty things
Filmmaker Karan Johar has said he is tired of the speculations around his personal life to an extent that he is now “afraid” to go out even with a “man” friend.
‘Jolly LLB 2’ box-office collection Day 1
Jolly LLB 2 box-office collection: The second installment of hit franchise ‘Jolly LLB 2’, starring Akshay Kumar and Huma Quereshi in the lead hit cinemas on February 10.
Watch: Alia Bhatt-Varun Dhawan transport you to the 90s in ‘Tamma Tamma Again’
Varun Dhawan and Alia Bhatt starrer ‘Badrinath Ki Dulhania’ has been in the news since the first look of the film was released.
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