On Jan 2 2021, the newsrack service has been shut down permanently.

It has been a nice long run from the Sarai days in 2004 to being hosted on its own domain around 2006. Beside maintenance, there has been no real active development on the code or the features since early 2008. Since 2015, even all that maintenance was pretty bare bones. A lot of news sources no longer provide reliable RSS feeds and since mid 2018, there were growing issues with the service and I only kept it alive to assist a handful of users.

So, it was time to shut this down. The internet world in 2020 is vastly differently from 2003 when I first conceptualized this service. Thanks for using this all these years.

This is an archive of previously crawled content that will be kept around for a few weeks.

 
User: sandman1965 Topic: private equity
Category: Deals
Last updated: Dec 26 2018 20:09 IST RSS 2.0
 
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Nifty below 4550; RIL, ONGC, HDFC, Hero Honda drag ... 18.7.2027 CNN-IBN Top Stories
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NIT Silchar team develops arsenic separation system 31.12.2020 The Assam Tribune
NIT Silchar team develops arsenic separation system
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Union Cabinet approves export of Akash missile system 30.12.2020 Rediff: News
The Akash missile systems have over 96 percent indigenous components and the weapon can hit targets at a range of 25 km.
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Deal Street dazzles thanks to RIL's equity divestment 30.12.2020 Rediff: Business
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
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India's retail sector pins hope on 2021 30.12.2020 Rediff: Business
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
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The turnaround story of India's largest steel maker 29.12.2020 Rediff: Business
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
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Indian firms to gain from Brexit only in the long run 29.12.2020 Rediff: Business
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
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Army chief begins rare visit to South Korea 29.12.2020 Rediff: News
It is the first-ever visit by a head of the Indian Army to South Korea.
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RCap objects to PFL stake sale by Credit Suisse 29.12.2020 Rediff: Business
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
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Will Messi get into coaching post retirement? 28.12.2020 Rediff: Sports
Koeman grateful for Messi support in transitional season for Barca.
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Army chief visits South Korea to enhance military ties 28.12.2020 The Assam Tribune
Army chief visits South Korea to enhance military ties
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India's kitchen 'king' aims to double capacity by FY21 28.12.2020 Rediff: Business
The company has also set a target of achieving Rs 5,000 crore in the next four years, while for the current fiscal the company expect around 15-18 per cent growth in revenue.
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Good Governance Day observed in Sonitpur, Kalaigaon 27.12.2020 The Assam Tribune
Good Governance Day observed in Sonitpur, Kalaigaon
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Rs 100 cr undisclosed income found so far 27.12.2020 The Assam Tribune
Rs 100 cr undisclosed income found so far
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MPP celebrates 35th foundation day 27.12.2020 Manipur: E-Pao
MPP celebrates 35th foundation day
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De Jure Govt of Manipur (Exile Govt) reopens its arguments on legitimacy of his govt 27.12.2020 Manipur: E-Pao
De Jure Govt of Manipur (Exile Govt) reopens its arguments on legitimacy of his govt
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Oli govt recommends summoning upper house on Jan 1 26.12.2020 Rediff: News
Nepal plunged into a political crisis after President Bidya Devi Bhandari dissolved the House of Representatives and announced dates for mid-term elections at the recommendation of Prime Minister Oli on Sunday, sparking protests from a section of the ruling party and various opposition parties.
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Boeing tests Super Hornet for Indian Navy 26.12.2020 Rediff: News
Boeing's confirmation that the Super Hornet has flown off a ski-jump is a statement that it is ready to operate off existing Indian aircraft carriers.
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India challenges Vodafone arbitration ruling in court 24.12.2020 Rediff: Business
India has challenged in a Singapore court a verdict of an international arbitration tribunal that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc, sources said on Thursday. An international arbitration court had on September 25 rejected tax authorities' demand for Rs 22,100 crore in back taxes and penalties relating to the British telecom giant's 2007 acquisition of an Indian operator. Two sources privy to the development said India had 90 days to file an appeal against the tribunal award, and the same was done in a Singapore court earlier this week.
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Why RBI wants rupee to remain weak for some more time 24.12.2020 Rediff: Business
The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that 'Atmanirbhar Bharat' strategy.
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