Monsento takeover by Bayer

After months of courtship, German drug and farm chemical maker Bayer AG finally reached an agreement to buy U.S. seed and weed-killer company Monsanto, in a deal that is valued at $66 billion and which will keep the merged entity’s seed business in Monsanto’s home base of St. Louis.

In a statement, Bayer said on Wednesday that it was paying Monsanto shareholders $128 a share in cash. That represents a 44 per cent premium over Monsanto’s closing price on May 9, the day before a proposed deal was announced. The $66 billion figure put on the deal by Bayer includes net debt; the equity value is $57 billion, according to slides for an investment analyst conference call.

Ganesh Chaturthi

The 11-day Ganesh Chaturthi festivities culminated in a grand colourful immersion procession, marked by pomp and gaiety in the city on Thursday afternoon.

Mayor Sarita Patil, Minister for Small Scale Industries and district in-charge Ramesh L. Jarkiholi, M:As Sambhaji Patil and Feroz N. Sait, Deputy Commissioner N. Jayaram, Police Commissioner T.G. Krishna Bhat, Belagavi City Corporation Commissioner G. Prabhu offered special aarti to the deity to formally flag off the immersion procession.

Senior officials of various departments, representatives of various public Ganesh mandals and devotees were present. Around 360 public Ganesh mandals are participating in the two main processions. The BCC has arranged facilities for immersion of idols at seven different ponds. Over 4,000 police officers and personnel, including Karnataka State Reserve Police and Rapid Action Force, have been deployed to ensure peace and harmony during the immersion procession. The last immersion is expected to take place on Friday morning, preceded by night-long revelry.



“We sincerely hope that wisdom may prevail over competent authorities to maintain peace”, says the court.

The Supreme Court on Thursday rapped the governments of Karnataka and Tamil Nadu for allowing bandhs and agitations to challenge a judicial order passed by the Supreme Court in public interest to share Cauvery water between the two neighbouring States.

“We expect the State governments of Karnataka and Tamil Nadu to maintain their dignity and respect for rule of law. We reiterate that neither bandhs nor agitations can take place after the Supreme Court has passed an order… Our order has to be complied with… Convey this to your governments today itself,” Justice Dipak Misra told State panel lawyers of both Karnataka and Tamil Nadu after summoning them to the front of the courtroom.

The Bench was hearing a petition filed by P. Sivakumar, a resident of Kanyakumari district in Tamil Nadu, highlighting the huge losses caused by mobs who pillaged and looted in full public and police view in both States. The petition said ordinary people live in danger in what resembles a war zone after violence broke loose following the apex court order on September 12, refusing Karnataka’s plea to stop the release of 15000 cusecs of water to Tamil Nadu till September 20.

The petition sought the Supreme Court to step in and direct the State governments to act against the instigators and provide damages.

“We are compelled and even constrained to say that it is the duty of the States to see that no agitations or destruction or damages take place… People cannot be allowed to take law into their hands…It was obligatory on Tamil Nadu and Karnataka to prevent such a situation from arising,” Justice Misra, who along with Justice U.U. Lalit, observed.

Serving copies of thd petitin on both Karnataka and Tamil Nadu lawyers in the courtroom itself, the Bench tagged the petition to be heard along with other Cauvery matters on Sepetember 20.

“We sincerely hope that wisdom may prevail over competent authorities to maintain peace.Convey it today itself that we expect both States to maintain peace, harmony, poise and dignity and respect for law,” Justice Misra told the States’ lawyers.

Sachin Tendulkar and his biography

Sachin Ramesh Tendulkar (Listeni/ˌsəɪn tɛnˈdlkər/; born 24 April 1973) is a former Indian cricketer and captain, widely regarded as one of the greatest batsmen of all time.[4] He took up cricket at the age of eleven, made his Test debut on 15 November 1989 against Pakistan in Karachi at the age of sixteen, and went on to represent Mumbai domestically and Indiainternationally for close to twenty-four years. He is the only player to have scored one hundred international centuries, the first batsman to score a double century in a One Day International, the holder of the record for the number of runs in both ODI andTest cricket, and the only player to complete more than 30,000 runs in international cricket.[5]

In 2002 just halfway through his career, Wisden Cricketers’ Almanack ranked him the second greatest Test batsman of all time, behind Don Bradman, and the second greatest ODI batsman of all time, behind Viv Richards.[6] Later in his career, Tendulkar was a part of the Indian team that won the 2011 World Cup, his first win in six World Cup appearances for India.[7]He had previously been named “Player of the Tournament” at the 2003 edition of the tournament, held in South Africa. In 2013, he was the only Indian cricketer included in an all-time Test World XI named to mark the 150th anniversary of Wisden Cricketers’ Almanack.