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Indian government says it’s on track to meet electricity deadline in March

Bloomberg The government of Indian Prime Minister Narendra Modi said it’s on track to meet its official March 31 deadline to provide electricity connections to every home, saying a December 31 goal promoted publicly by the power ministry was only an “internal target.” The ministry said in a statement that it aimed to achieve full electrification by year-end “so that ...

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Most-prized fish sold for $3.1mn in Tokyo

Bloomberg One of the world’s most expensive fish just got pricier. A 278-kilogram bluefin tuna sold for 333.6 million yen ($3.1 million) at a Tokyo fish market. The record price — which equates to about $5,000 a pound — is more than double the previous high set in 2013, according to Masayuki Fukuda, an official in charge of trading operations ...

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Bristol-Myers to buy Celgene in $74 billion cancer-drug bet

Bloomberg Bristol-Myers Squibb agreed to acquire Celgene Corp in a record-sized $74 billion deal that will unite two drugmakers battling for advantage in a crowded market for innovative cancer treatments. Both companies have faced investor wariness about their prospects in recent months. Bristol makes an immunotherapy drug called Opdivo that accounts for roughly a quarter of its sales but that ...

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