OKC gambles on Paul George and wins a trade

July 1, 2017

1:11 PM ET You know a trade is good when even the downside has upside. Consider this scenario: Kevin Pelton provides team-by-team analysis of every major and minor deal from Day 1. Who improved? And what is still to come? The market opens on Saturday, and NBA free-agency and trade news is coming in fast. Stay up to date with the latest rumors and rumblings across the Association. Which players…

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3, Including Teacher, Arrested For Forcibly Cutting Hair Of 25 Students

July 1, 2017

Thane: Three staff members of a private school Mumbai including a teacher and a director have been arrested for forcibly chopping off the hair of 25 students in order to punish them for not abiding by the prescribed dress code, police said today. The incident took place at suburban Vikhroli yesterday after the morning prayers following which accused were arrested late last night on a complaint lodged by the parents…

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Woman Arrested For Attempting To Sell A 5-Year-Old Girl In Thane

July 1, 2017

Thane: The crime branch unit of Thane Police has arrested a 50-year-old woman from Bhiwandi in Thane while she was trying to allegedly sell a five-year-old girl. Senior inspector of Anti-Human Trafficking cell, Thane crime branch, Ravindra Doundkar told PTI that the woman, identified as Shobha Gaikwad, worked as an ‘aaya’ (caretaker) at different places and lived in Kalyan’s Kolsewadi. She was on the look out of a customer to…

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Infosys appoints D Sundaram as independent director

July 1, 2017

Country’s second largest software services firm Infosys announced the appointment of D Sundaram as an independent director with effect from July 14, according to PTI news report. The appointment is based on the recommendations of the Nomination and Remuneration Committee of the Board, Infosys said in a statement. Sundaram is currently the Vice Chairman and MD of TVS Capital Funds Ltd. He joined Unilever Group in 1975 and has served…

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Holiday to re-sign with Pels for 5 years, $126M

July 1, 2017

9:49 AM ET Adrian Wojnarowski Free-agent guard Jrue Holiday has agreed to a five-year, $126 million deal to stay with the New Orleans Pelicans, his agent Jason Glushon told ESPN on Saturday morning. The deal includes incentive clauses that could push the contract’s value to $150 million and contains a player option for the fifth year, Glushon said. NBA free agency is underway. We’ve got you covered with the latest…

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Vodafone India-Idea merger on fast track: Individual towers to be sold at the earliest

July 1, 2017

In what would become India’s largest telecom merger, Vodafone India and Idea Cellular is pushing for individual tower sale at the earliest. The two telecom majors, according to Economic Times news report, have mandated Morgan Stanley and Bank of America-Merrill Lynch to finalize buyers for their towers. Vodafone India has 11,000 odd towers in India, while Idea has 9,900 captive towers. The merger will likely be completed by 2018. Once…

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GST to impact micro, small and medium traders: P Chidambaram

July 1, 2017

Former Union Finance Minister P. Chidambaram on Saturday said the Goods and Services Tax (GST) would severely affect micro, small and medium traders and the law that has been implemented is not the way it was originally planned. Speaking to reporters at Karaikudi, Chidambaram said the Congress party is not against the GST but it is opposed to the way it is being implemented. Chidambaram said micro, small and medium…

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Facebook is damn serious about reducing spam and fake news. Here's how

July 1, 2017

In yet another move to cut down on low-quality content and fake news in News Feed, Facebook is updating its algorithm again to remove such content from its platform. A Facebook research found that there is a tiny group of people who routinely share vast amounts of public posts per day, effectively spamming people’s feeds. “Our research further shows that the links they share tend to include low-quality content such…

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Tax department notifies form for Aadhaar-PAN linking

July 1, 2017

The Income Tax Department has introduced a one-page form for taxpayers to manually apply for linking their Aadhaar with Permanent Account Number (PAN), apart from the available online and SMS facilities. An individual will have to mention both PAN and Aadhaar numbers, the spelling of the names mentioned on them and give a signed declaration that the Aadhaar number provided in the application form has “not been provided” by them…

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Man Arrested For Duping US Citizens Through Fake Call Centre In Kolkata

July 1, 2017

Kolkata: The police arrested one person in Kolkata for duping several US citizens from his fraudulent call centre. The arrested man, Sharafat Ali, used to run the call centre along with others and they used to pose as Microsoft Corporation employees to dupe the US citizens, a senior Kolkata Police officer said today. Ali (33) was arrested from the call centre at Beckbagan Row, under the jurisdiction of Karaya police…

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