high interest

NDA allocated coal block arbitrarily, says Sibal


August 29th, 2012 - 8:07 pm ICT by IANS
New Delhi, Aug 29 (IANS) Communications Minister Kapil Sibal said here Wednesday that the BJP-led National Democratic Alliance (NDA) government had arbitrarily allocated coal blocks during 1998-2003."There were no investigations ... Read more...

Posted in Politics |

Banerjee admits debt-ridden farmers contemplate suicide


June 1st, 2012 - 6:10 pm ICT by IANS
Sagar Island (West Bengal), June 1 (IANS) West Bengal Chief Minister Mamata Banerjee Friday conceded that there were "debt-ridden peasants who contemplated committing suicides"."There are many farmers who take ... Read more...

Posted in Business |

Slowdown hits electrical equipment industry


May 11th, 2012 - 5:09 pm ICT by IANS
New Delhi, May 11 (IANS) The growth of India's electrical equipment industry fell to 6.6 percent in 2011-12 as compared to 13.7 percent in the previous year, industry data showed ... Read more...

Posted in Uncategorized |

SpiceJet promoter to infuse Rs.100 crore


March 2nd, 2012 - 10:35 pm ICT by IANS
New Delhi, March 2 (IANS) Budget carrier Spicejet Friday said its promoter Kalanidhi Maran will infuse Rs.100 crore into the passenger carrier in lieu of five percent equity or additional ... Read more...

Posted in Business |

Vehicle sales up 8.45 percent in December


January 10th, 2012 - 10:38 pm ICT by IANS
New Delhi, Jan 10 (IANS) Total vehicles sales across categories grew by 8.45 percent in the month of December at 14,13,709 units from 13,03,516 units in December 2010, the Society ... Read more...

Posted in Business |

Ajit Singh takes charge of ’sensitive’ civil aviation


December 19th, 2011 - 1:54 pm ICT by IANS
New Delhi, Dec 19 (IANS) A day after being inducted into the union cabinet, Rashtriya Lok Dal (RLD) chief Ajit Singh Monday took charge of the civil aviation ministry, which ... Read more...

Posted in Politics |

Hyundai Motor’s November sales up 28.1 percent


December 1st, 2011 - 7:57 pm ICT by IANS
New Delhi, Dec 1 (IANS) Automobile major Hyundai Motor's November sales, including exports, increased by 28.1 percent at 57,080 units from 44,540 units sold in the like period of last ... Read more...

Posted in Business |

Auto-industry’s mixed results for November sales


December 1st, 2011 - 7:53 pm ICT by IANS
New Delhi/Chennai, Dec 1 (IANS) Battling high interest and fuel costs coupled with a negative consumer sentiment, the Indian automobile industry Thursday came out with a mixed-bag of sales results ... Read more...

Posted in Business |

Ford’s domestic sales up 11 percent


December 1st, 2011 - 6:36 pm ICT by IANS
New Delhi, Dec 1 (IANS) American automobile major Ford's Indian subsidiary Thursday reported an increase of 11 percent in its domestic sales for the month of November at 8,322 units ... Read more...

Posted in Business |

Banks seek more details on Kingfisher’s operations


November 13th, 2011 - 10:23 pm ICT by IANS
Kolkata, Nov 13 (IANS) Prior to the meeting with the Kingfisher Airlines board, the bankers have asked for more details regarding the operations of the airlines apart from an ... Read more...

Posted in Business |

GMR posts Rs.67 crore quarterly net loss


August 10th, 2011 - 10:13 pm ICT by IANS
Mumbai, Aug 10 (IANS) GMR Infrastructure Wednesday posted a consolidated net loss of Rs.67 crore for the quarter ended June 30 owing to the lower revenues from the Delhi Airport, ... Read more...

Posted in Business |

Maruti’s sales drop by 8.8 percent in June


July 1st, 2011 - 3:13 pm ICT by IANS
New Delhi, July 1 (IANS) Automobile giant Maruti Suzuki, which recently faced a 13-day strike at its manufacturing facility in Manesar, Friday reported a drop of 8.8 percent in its ... Read more...

Posted in Business |

Citibank fraud accused sent to 14 days judicial custody


January 15th, 2011 - 12:26 am ICT by IANS
Gurgaon, Jan 14 (IANS) Citibank relationship manager Shivraj Puri, accused of masterminding a Rs.300 crore fraud, was Friday sent to 14 days judicial custody in what is being called one of the ... Read more...

Posted in Business |

Citi banker accused of Rs.300 crore fraud gets six-day police remand


January 6th, 2011 - 6:18 pm ICT by IANS
Gurgaon, Jan 6 (IANS) Citibank manager Shivraj Puri, accused of masterminding a Rs.300 crore fraud, was handed a six-day police remand Thursday. "Puri was produced in court and he has been remanded ... Read more...

Posted in Uncategorized |

First complaint lodged in Citibank fraud case (Lead)


January 4th, 2011 - 8:57 pm ICT by IANS
Gurgaon, Jan 4 (IANS) A businessman Tuesday filed a cheating complaint against Citibank and 11 others, including manager Shivraj Puri, and sought the recovery of Rs.32 crore invested by him, police said.The ... Read more...

Posted in Business |

Citibank manager’s parents summoned by police


January 4th, 2011 - 4:48 pm ICT by IANS
Gurgaon, Jan 4 (IANS) Raghuraj and Deeksha Puri, parents of Citibank manager Shivraj Puri who is accused of masterminding a Rs.300 crore fraud, were summoned by the police Tuesday to help in ... Read more...

Posted in Business |

Top Hero Group official held in Citibank fraud (Fourth Lead)


January 3rd, 2011 - 6:36 pm ICT by IANS
Gurgaon, Jan 3 (IANS) Sanjay Gupta, a top official of the Hero Group, was Monday arrested for his alleged connivance in defrauding Citibank customers, including his own company, of an estimated Rs.300 ... Read more...

Posted in Business |

Hero Group official held in Rs.300 crore Citibank fraud (Third Lead)


January 3rd, 2011 - 5:07 pm ICT by IANS
Gurgaon, Jan 3 (IANS) Sanjay Gupta, a top official of the Hero Group, was Monday arrested for his alleged connivance in defrauding Citibank customers, including his own company, of an estimated Rs.300 ... Read more...

Posted in Business |

Top Hero Group official held in Citibank fraud (Second Lead)


January 3rd, 2011 - 4:01 pm ICT by IANS
Gurgaon, Jan 3 (IANS) A top official of the Hero Group was Monday arrested for his alleged connivance in frauding Citibank customers, including his own company, of an estimated Rs.300 crore, police ... Read more...

Posted in Business |

Citibank manager accused of $65 mn fraud surrenders (Roundup)


December 30th, 2010 - 5:40 pm ICT by IANS
Gurgaon/New Delhi, Dec 30 (IANS) Citibank manager Shivraj Puri, accused of cheating the bank's customers, surrendered before police and was taken into custody Thursday even as the quantum of his alleged ... Read more...

Posted in Business |

‘US-based Man U owners forced to pay debts without using club funds’


November 17th, 2010 - 6:15 pm ICT by ANI
London, Nov 17(ANI): Manchester United's US-based owners have been forced to repay the club's high-interest 220 million pound payment in kind (PIK) loan without using club funds, the Manchester United Supporters Trust ... Read more...

Posted in Sports |

Man U’s American owners to pay off PIK loans


November 16th, 2010 - 2:51 pm ICT by ANI
London, Nov.16 (ANI): Manchester United's American owners have revealed that they will pay off their high interest payment-in-kind (PIK) loans, estimated to be worth around 220 million pounds.The loans were borrowed from ... Read more...

Posted in Sports |

Pakistani students visit IGNOU


January 21st, 2010 - 12:57 am ICT by IANS
New Delhi, Jan 20 (IANS) A group of 30 Pakistani management students Wednesday visited the Indira Gandhi International Open University (IGNOU) campus here and discussed social issues with Indian students. The group ... Read more...

Posted in South Asia |

Equity infusion into Air India to be discussed soon


September 16th, 2009 - 4:08 pm ICT by IANS
New Delhi, Sep 16 (IANS) Stating that the revival plan for cash-strapped national carrier Air India was well on track, Civil Aviation Minister Praful Patel Wednesday said that his ministry will shortly ... Read more...

Posted in Business |

Businessman held for duping investors of Rs.500mn in Delhi


July 31st, 2009 - 7:59 pm ICT by IANS
New Delhi, July 31 (IANS) A businessman, on the run after being accused of cheating thousands of people of about Rs.500 million with his lucrative high interest return schemes, has been arrested, ... Read more...

Posted in Uncategorized |

Manufacturing sector to recover in second quarter: FICCI


July 21st, 2009 - 4:52 pm ICT by IANS
New Delhi, July 21 (IANS) Despite high interest cost and falling exports, India's manufacturing sector will recover in the second quarter this fiscal, says a report by the Federation of Indian Chambers ... Read more...

Posted in Business |

Jacko death probe spam a threat to bank account numbers, passwords


July 4th, 2009 - 11:10 am ICT by ANI
Washington, July 4 (ANI): Beware of any emails regarding the investigation into King of Pop Michael Jackson's death, for they may be spam messages that infect computers with a virus able ... Read more...

Posted in Health Science |

‘Increasing negative growth in manufacture sector alarming’


August 3rd, 2008 - 12:58 pm ICT by IANS
New Delhi, Aug 3 (IANS) Even though almost half of the manufacturing sectors are in the excellent growth and high growth category, the sectors reporting negative growth have increased due to high ... Read more...

Posted in Business |

Ram Gopal Verma talks about his upcoming film ”Phoonk”


July 26th, 2008 - 7:49 pm ICT by ANI
Mumbai, July 26 (ANI): Bollywood director Ram Gopal Verma in Mumbai talks about his upcoming film ''Phoonk'' that revolves around supernatural theme.Azam Khan and Praveen Nischol are producing the film.Verma''s film ... Read more...

Posted in National |

Emma Watsons $20m 18th birthday treat


April 16th, 2008 - 7:17 pm ICT by admin
Washington, Apr 16 (ANI): English actress Emma Watson received the most expensive gift on her 18 th birthday - access to her 20 million dollar fortune. Watson had amassed quite a fortune ... Read more...

Posted in Health Science |

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