Business

Prefer to face trial in RSS defamation case: Rahul to SC

Meanwhile, Congress leaders said that the move to take on the RSS in court was more political than legal, and aimed to bring Sangh's activities out for the public to see. Lalit, who said he was appearing for the organisation, drew the attention of the bench that during some of the election speeches in Assam and other places, he has made similar statements on the issue.

Business

Local Muslims to gather Monday to celebrate holiday

Instead, God provided Ibrahim with a sheep to substitute as sacrifice. This will allow Muslims to make the hajj pilgrimage. This holiday falls right in the middle of the Hajj, or the once-in-a-lifetime pilgrimage to Mecca that Muslims should perform if physically and financially able.

Business

Rijiju hits out at Cong on donation to RGCT by Naik's NGO

At a press conference yesterday, Union Law and Justice Minister Ravi Shankar Prasad said that Khan, who was former Minority Affairs Minister, wrote a letter to then I&B Minister Manish Tewari in February 2013 in which he termed Naik as a "renowned Islamic scholar" and sought the government's protection for him from campaigns run by a regional channel and a Hindu group.

Business

Shipping collapses on the rise - Hanjin the latest to sink

AP reported that South Korea's finance minister Yoo Il-ho expected that the cargo crisis could begin to ease this week as the company takes steps to protect its assets. Hanjin Group will provide 100 billion won ($90 million), including 40 billion won from Chairman Cho Yang Ho, to help contain disruptions in the supply chain.

Business

Hanjin Shipping to file for receivership; rival eyes assets

South Korea's Financial Services Commission said that Hyundai Merchant may consider taking over some of Hanjin Shipping's assets, including vessels, network and staff. If Pier T is sold, or Hanjin Shipping enters court receivership, it isn't clear whether the company would continue calling there at current levels.

Business

Port announces new restrictions in wake of Hanjin bankruptcy filing

Gonzales assured the release of those containers in MICT would not be affected by Hanjin's troubles. Hanjin has been losing money for years. Hanjin accounts for 7.8 percent of trans-Pacific trade volume for the USA market. The South Korean giant filed for bankruptcy protection on Wednesday, Aug. 31, and stopped accepting new cargo. "Retailers' main concern is that there is millions of dollars worth of merchandise that needs to be on store shelves that could be impacted by this", Gold said.