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Govt. clears FDI worth Rs 1,034 cr
The government cleared two foreign direct investment (FDI) proposals associated with single brand retail in the Foreign Investment Promotion Board (FIPB) meeting held on January 20. Canali Holding of Italy, a men's clothing chain of Italy, will set up a joint venture company with 51 per cent foreign equity participation in single-brand retailing with an investment of Rs 7.65 crore. The board has also

European cave spiders produce super-stretchable silk
Scientists have claimed that the egg sac silk of the cocoon stalk of the European cave spider Meta menardi is the most stretchable yet tested.

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Juventus beat AC Milan in first leg of Coppa Italia semifinals
Thanks to a brace from Martin Caceres, Juventus beat AC Milan 2-1 at the San Siro in the first leg of the Coppa Italia football semifinals Wednesday.

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Allegri calls for calm after loss to Juventus
AC Milan head coach Massimiliano Allegri asked his side to stay calm after losing to Juventus 1-2 in the first leg of the Coppa Italia semifinals at home.

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Italy: Court keeps ship captain under house arrest

An Italian court has refused to lift an order of house arrest for Francesco Schettino, the captain of Costa Concordia cruise ship that ran aground off a Tuscan island last month.

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Ibrahimovic to miss Juventus clash after three-match ban
Italian football giants AC Milan will see their striker Zlatan Ibrahimovic sidelined in the clash against league leaders Juventus Feb 25 as the Swedish international has been handed a three-match ban.

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