12. 45 pm
TDP leaders to meet President over 'divided' Andhra issue
Telugu Desam Party (TDP) President Chandrababu Naidu on Saturday said that a party delegation has to come to Delhi to submit a memorandum to President Pranab Mukherjee, and to seek his intervention in resolving the dispute over the proposed bifurcation of Andhra Pradesh.
"We have come to Delhi to meet the President, and to apprise him of what is happening in Andhra Pradesh. We are also going to give him a memorandum asking for his intervention to resolve the issue in the state. We are also going to meet some of the national and regional political party heads. We want to seek the support of all political parties and also the President of India," he told media here today.
11. 00 am
Mumbai Police files chargesheet in gang rape case
Mumbai Police has filed a chargesheet against the five accused of gang raping a photo-journalist, even as the prosecution has said that it is confident of seeking 'maximum' punishment for the guilty based on the 'strong' evidence it has on them.
9. 35 am
Finland to build rooms for Syrian refugees
Finland has decided to construct more rooms in a bid to accommodate probable Syrian refugees, since the US is continuing with its threat of a limited strike in Syria.
The interior ministry suggested that 200 places out of 750 quota should be allocated to Syrian refugees, as the government decided to enlarge the designated space for a total of 500, reported Xinhua citing the government in a release Friday.
"Although Finland faces its own economic difficulties, we must be ready to help those in the middle of an extreme human suffering, " said Interior Minister Paivi Rasanen, referring to the continuous national recession and reduced state budget.
9. 00 am
Baba Ramdev detained for six hours at Heathrow
Yoga guru Baba Ramdev was detained and questioned at Heathrow Airport for over six hours by British customs officials.
There was lack of clarity over the reason for his detention at the airport.
According to one of the organisers of the function Ramdev is here to attend, he was questioned on books he was carrying which were in Hindi and Sanskrit. The officials detained Ramdev for over six hours before he was allowed to go.
However, a source said, Ramdev was questioned by customs officials as he came here on a visitor visa instead of a business visa.
JPMorgan fined $920 mn over trading loss
JPMorgan Chase & Co., the US' largest bank by assets, has agreed to pay $920 million to the US and British regulators to settle violations connected with a derivatives trading scandal.
The failure of the bank's internal controls on transactions by a former Britain-based trader, who came to be known as the "London whale" because of his team's massive derivatives bets, led to a trading loss of roughly $6 billion last year.
The Securities and Exchange Commission (SEC) said Thursday it had charged JPM with "mis-stating financial results and lacking effective internal controls to detect and prevent its traders from fraudulently overvaluing investments to conceal hundreds of millions of dollars in trading losses."As part of the settlement, JPMorgan publicly acknowledged that it violated federal securities laws, the SEC said.