CPI-M wants cancellation of coal allocation, demand probe (Lead)
August 27th, 2012 - 5:39 pm ICT by IANS
New Delhi, Aug 27 (IANS) The Communist Party of India-Marxist (CPI-M) Monday asked the government to cancel all the coal block allocations found faulty by the official auditor and ... Read more...
Posted in Politics |
Opposition parties slam PM’s statement on CAG report
August 27th, 2012 - 4:46 pm ICT by IANS
New Delhi, Aug 27 (IANS) Prime Minister Manmohan Singh's statement in parliament on coal block allocation was criticised by opposition parties Monday with the Bharatiya Janata Party (BJP) accusing ... Read more...
Posted in Politics |
Cancel coal allocation, says CPI-M
August 27th, 2012 - 4:30 pm ICT by IANS
New Delhi, Aug 27 (IANS) The CPI-M Monday asked the government to cancel all the coal blocks allocation found faulty by the official auditor and said they may be ... Read more...
Posted in Politics |
PM should answer why coal blocks were not auctioned: Yechury
August 23rd, 2012 - 7:15 pm ICT by IANS
New Delhi, Aug 23 (IANS) Communist Party of India-Marxist (CPI-M) leader Sitaram Yechury said Thursday that the CAG report showed that "crony capitalism of the worst order" was being ... Read more...
Posted in Politics |
Patnaik rejects centre’s claim on coal bidding
August 23rd, 2012 - 5:52 pm ICT by IANS
Bhubaneswar, Aug 23 (IANS) Odisha Chief Minister Naveen Patnaik Thursday said his state had been seeking auction-based bidding for allocation of mineral resources including coal.Patnaik's statement came a day ... Read more...
Posted in Politics |
Dire necessity to enforce airport security in India (Comment)
August 21st, 2012 - 11:48 am ICT by IANS
The daring terror attack on Pakistan's Kamra air base on Aug 16 claimed by Tehreek-e-Taliban and persistent intelligence reports that Pakistan-based militant groups keep planning terror attacks on India's civilian ... Read more...
Posted in South Asia |
Highlights of CAG’s report on coal block allocations
August 17th, 2012 - 7:57 pm ICT by IANS
New Delhi, Aug 17 (IANS) The following are the highlights of The Comptroller and Auditor General of India (CAG) report on coal block allocations which was tabled in parliament Friday:-- ... Read more...
Posted in Business |
Lalu defends PM on CAG report
August 17th, 2012 - 6:04 pm ICT by IANS
New Delhi, Aug 17 (IANS) Rashtriya Janata Dal (RJD) leader Lalu Prasad Friday defended Prime Minister Manmohan Singh in the wake of CAG report on allocation of coal blocks, ... Read more...
Posted in Politics |
BJP attacks PM on coal block allocation (Lead)
August 17th, 2012 - 5:34 pm ICT by IANS
New Delhi, Aug 17 (IANS) The BJP Friday attacked Prime Minister Manmohan Singh for the alleged irregularities pointed out by the Comptroller and Auditor General (CAG) report in the ... Read more...
Posted in Politics |
Auction of coal mines could have fetched $37 bn more: Auditor (Roundup)
August 17th, 2012 - 4:54 pm ICT by IANS
New Delhi, Aug 17 (IANS) The Indian exchequer could have earned Rs.1.85 lakh crore ($37 billion) more if a competitive bidding process was followed in the award of coal ... Read more...
Posted in Politics |
Process of awarding coal blocks caused $37 bn loss: Auditor
August 17th, 2012 - 3:10 pm ICT by IANS
New Delhi, Aug 17 (IANS) The lack of transparency in the allocation of coal blocks to private players resulted in a loss of a whopping Rs.1.85 lakh crore ($37 billion) ... Read more...
Posted in Politics |
Sri Lanka cricket board assures integrity of SLPL
July 21st, 2012 - 5:46 pm ICT by IANS
Colombo, July 21 (IANS) The Sri Lankan cricket board Saturday assured the integrity of the Sri Lanka Premier League (SLPL), a cricket league based on the Indian Premier League (IPL), ... Read more...
Posted in Sports |
Air India ground staff protest service terms (Lead)
June 4th, 2012 - 9:15 pm ICT by IANS
Thiruvananthapuram, June 4 (IANS) Employees of Air India Air Transport Services Ltd (AIATSL) at the international airport here are up in arms against the new service conditions they have been ... Read more...
Posted in Business |
Air India ground handling staff protest service terms
June 4th, 2012 - 7:04 pm ICT by IANS
Thiruvananthapuram, June 4 (IANS) Employees of Air India Air Transport Services Ltd (AIATSL) at the international airport here are up in arms against the new service conditions they have been ... Read more...
Posted in Business |
Belgium bank to deploy Infosys software product
March 24th, 2012 - 6:13 pm ICT by IANS
Bangalore, March 24 (IANS) Leading European bank ING Belgium selected Infosys' software product Finacle to transform its core banking operations, the Indian IT bellwether said Saturday."Our flagship product will enhance ... Read more...
Posted in Sci-Tech |
China to stockpile sugar
February 9th, 2012 - 6:42 am ICT by IANS
Beijing, Feb 9 (IANS) China will stockpile one million tonnes of sugar in an effort to stabilize prices and protect farmers' interests, the government said Wednesday.The government will buy home-produced ... Read more...
Posted in Uncategorized |
Tide Water acquires Veedol from BP
October 25th, 2011 - 11:55 pm ICT by IANS
Kolkata, Oct 25 (IANS) Tide Water Oil (India) Ltd has acquired Veedol International from energy major BP Plc, putting an end to a legal battle of 17 years.Tide Water, a ... Read more...
Posted in Business |
Jindal ITF to carry coal for NTPC’s power plant
August 11th, 2011 - 6:35 pm ICT by IANS
New Delhi, Aug 11 (IANS) State-run power major NTPC Thursday signed a tripartite agreement with logistics firm Jindal ITF and the Inland Waterways Authority of India (IWAI) for transportation of ... Read more...
Posted in Business |
Tamil Nadu gives big push to solar power
August 4th, 2011 - 11:08 pm ICT by IANS
Chennai, Aug 4 (IANS) The Tamil Nadu government plans to give a big thrust to solar power with its plans to energise street lights and houses with power from the ... Read more...
Posted in Business |
Auction natural resources to attract investments: FICCI
May 1st, 2011 - 11:50 am ICT by IANS
New Delhi, May 1 (IANS) Natural resources like iron ore, lignite and bauxite should be allocated on the basis of auctions, instead of the current first-come-first-served system, to attract more ... Read more...
Posted in Business |
Brazilian firm announces new deepwater oil find
April 30th, 2011 - 12:07 pm ICT by IANS
Sao Paulo, April 30 (IANS/EFE) State-controlled energy giant Petrobras announced the discovery of a new high-quality crude deposit in deep waters off Brazil's southeastern coast.Located in the Albacora field of ... Read more...
Posted in Business |
GMR project under attack in Nepal
April 17th, 2011 - 1:01 pm ICT by IANS
Kathmandu, April 17 (IANS) Ignoring India's repeated expressions of concern at the continued attacks on Indian investment projects in Nepal, the ruling Maoists, supported by minor communist parties, went on ... Read more...
Posted in Uncategorized |
Brazil’s Petrobras announces deep-water oil find
January 27th, 2011 - 11:26 am ICT by IANS
Sao Paulo, Jan 27 (IANS/EFE) Brazilian state-controlled energy company Petrobras said it struck oil at a pre-salt block located in "ultra-deep" waters of the Santos Basin, located off the country's southeastern coast.The ... Read more...
Posted in Business |
Ramesh favours competitive bidding for mining projects
January 18th, 2011 - 9:18 pm ICT by IANS
New Delhi, Jan 18 (IANS) Facing criticism for holding up several mining projects, Environment Minister Jairam Ramesh Tuesday favoured a competitive bidding process and environmental pre-approval before the mining projects are awarded.The ... Read more...
Posted in Environment |
Sanitary napkins for rural girls at Re.1 per pack now
June 16th, 2010 - 5:39 pm ICT by IANS
New Delhi, June 16 (IANS) Sanitary napkins will now be provided to young girls in rural areas at Re.1 per pack to promote menstrual hygiene in the country, the union health ministry ... Read more...
Posted in Health |
Govt. formulates scheme to promote E- governance in Panchayats
February 18th, 2010 - 10:07 pm ICT by ANI
New Delhi, Feb.18 (ANI): Ministry of Panchayati Raj has formulated a new centrally sponsored scheme for e- governance in Panchayati Raj Institutions.The purpose is to equip Panchayats with various ICT tools for ... Read more...
Posted in National |
RIL itself sought permission to sell gas at $2.34 per unit: RNRL (Lead)
December 8th, 2009 - 7:39 pm ICT by IANS
New Delhi, Dec 8 (IANS) Reliance Natural Resources Ltd (RNRL) Tuesday told the Supreme Court it was not bound by the decisions of the ministerial panel on Krishna Godavari gas and that ... Read more...
Posted in Business |
RIL itself had sought permission to sell gas at $2.34 per unit: RNRL
December 8th, 2009 - 5:15 pm ICT by IANS
New Delhi, Dec 8 (IANS) Reliance Industries Ltd (RIL) had itself sought the oil ministry's nod to sell gas from the Krishna-Godavari basin at $2.34 per unit to the state-run NTPC based ... Read more...
Posted in Business |
International Finance Corp to be chief advisor for Kerala port
November 13th, 2009 - 7:52 pm ICT by IANS
Kochi, Nov 13 (IANS) International Finance Corp (IFC), a member of the World Bank group, will provide advisory services to Kerala for building a greenfield port at Vizhinjam, near state capital Thiruvananthapuram.
"We ... Read more...
Posted in Business |
L&T to wait for opportune time to sell Satyam stake
August 12th, 2009 - 10:35 pm ICT by IANS
New Delhi, Aug 12 (IANS) Engineering and construction major Larsen and Toubro Wednesday said it would wait for an opportune time to sell its holding in Satyam Mahindra, formerly Satyam Computer Services, ... Read more...
Posted in Business |
GSPC gets eco-clearance for 16 more wells in KG basin
July 6th, 2009 - 5:49 pm ICT by IANS
Gandhinagar, July 6 (IANS) The state-owned Gujarat State Petroleum Corporation (GSPC) has acquired environmental clearance for 16 of its additional wells to be drilled in its Deendayal gas field in the Krishna-Godavari ... Read more...
Posted in Business |
Reliance Power gets nod for hydro projects in Arunachal Pradesh
May 21st, 2009 - 2:42 pm ICT by IANS
New Delhi, May 21 (IANS) Reliance Power, an energy generation firm in the Anil Ambani group, has signed pacts with the Arunachal Pradesh government for four hydro-electric power projects in state with ... Read more...
Posted in Business |
Tech Mahindra gets control of Satyam Computer Services (Lead)
April 13th, 2009 - 4:14 pm ICT by IANS
Mumbai, April 13 (IANS) Tech Mahindra, the IT arm of Mahindra and Mahindra (M&M), will be the new owner of the fraud-hit Satyam Computer Services with a controlling stake through its subsidiary ... Read more...
Posted in Business |
Mahindra, L&T among contenders for Satyam (Roundup)
March 12th, 2009 - 8:17 pm ICT by IANS
Mumbai, March 12 (IANS) Infrastructure major Larsen and Toubro (L&T) and Mahindra and Mahindra's IT arm Tech Mahindra were among the bidders to register interest Thursday in acquiring a 51-percent stake in ... Read more...
Posted in Business |
Satyam alerts prospective strategic investors on stake sale (Lead)
March 9th, 2009 - 3:04 pm ICT by IANS
Hyderabad, March 9 (IANS) Fraud-hit Satyam Computer Services Monday said it had started the process to sell 51-percent majority stake in the company by way of a global auction after India's market ... Read more...
Posted in Business |