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Woman, three held for husband’s killing


February 11th, 2012 - 11:53 pm ICT by IANS
New Delhi, Feb 11 (IANS) A 29-year-old woman was arrested along with her paramour and two others for killing her husband who tortured her and forced her into prostitution, police ... Read more...

Posted in Uncategorized |

David Guetta’s India tour: tickets sell well


February 11th, 2012 - 9:33 pm ICT by IANS
New Delhi, Feb 11 (IANS) The tickets for Grammy Award-winning DJ and music producer David Guetta's maiden performance in India are selling well, according to the organisers of the show.Guetta ... Read more...

Posted in Entertainment |

No let up in Congress-Trinamool war of words (Newsletter from Bengal)


February 11th, 2012 - 2:32 pm ICT by IANS
Kolkata, Feb 11 (IANS) The Congress and Trinamool Congress have again chosen to stay on the collision path over the release of central funds for the cash-strapped West Bengal ... Read more...

Posted in Uncategorized |

Godrej Properties to raise Rs.500-600 crore to reduce debt


February 10th, 2012 - 9:36 pm ICT by IANS
Chennai, Feb 10 (IANS) Godrej Properties Ltd, the real estate arm of the Godrej Group, plans to raise Rs.500-600 crore through the institutional placement programme (IPP) soon to reduce its ... Read more...

Posted in Business |

Man gets life term for killing boy over loan


February 9th, 2012 - 11:50 pm ICT by IANS
New Delhi, Feb 9 (IANS) A Delhi court has awarded life imprisonment and imposed a fine of Rs.1 lakh on a man for killing a young boy in east Delhi ... Read more...

Posted in Uncategorized |

Concerns on food bill to be addressed: Thomas


February 9th, 2012 - 9:06 pm ICT by IANS
New Delhi, Feb 9 (IANS) The United Progressive Alliance (UPA) government Thursday said it will address the concerns expressed by the states over the proposed National Food Security Bill."The ... Read more...

Posted in Business |

Antrix moves court to stall Devas’ arbitration bid


February 9th, 2012 - 7:36 pm ICT by IANS
Bangalore, Feb 9 (IANS) Antrix Corp, the Indian space agency's commercial arm, has moved a court here to restrain Devas Multimedia Services Corp Ltd. from proceeding ahead with its ... Read more...

Posted in Uncategorized |

ONGC’s third quarter net profit down five percent


February 8th, 2012 - 8:14 pm ICT by IANS
Mumbai, Feb 8 (IANS) Oil and Natural Gas Corporation (ONGC) Wednesday reported a 4.82 percent decline in its net profit for the quarter ended Dec 31, 2011 at Rs.6,741.41 crore ... Read more...

Posted in Business |

Bharti Airtel quarterly revenue rises by 17 percent


February 8th, 2012 - 1:41 pm ICT by IANS
New Delhi, Feb 8 (IANS) Telecom major Bharti Airtel Wednesday reported a 17 percent increase in total revenue for the quarter ended Dec 31 at Rs.18,477 crore against Rs.15,772 crore ... Read more...

Posted in Business |

Another Maoist couple surrenders in Bengal


February 7th, 2012 - 10:33 pm ICT by IANS
West Midnapore (West Bengal), Feb 7 (IANS) A Maoist couple Tuesday surrendered before the police in West Bengal, becoming the third pair to do so since the Mamata Banerjee-led ... Read more...

Posted in Uncategorized |

Kannur airport to begin operations in 2015


February 7th, 2012 - 6:39 pm ICT by IANS
Thiruvananthapuram, Feb 7 (IANS) Kerala's fourth international airport at Kannur would begin operations in 2015, K.Babu, the state's minister in charge of the airport, said Tuesday.Babu told reporters here that ... Read more...

Posted in Business |

SpiceJet’s third quarter net loss at Rs.39.26 crore


February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...

Posted in Business |

Spectrum will be sold only through auction: Pilot


February 6th, 2012 - 7:32 pm ICT by IANS
Bangalore, Feb 6 (IANS) The Indian government has decided that spectrum (radio waves) would hereafter be sold only through auction and not on first-come-first-serve basis, Minister of State ... Read more...

Posted in Sci-Tech |

Hindustan Unilever’s third quarter net profit up 18 percent


February 6th, 2012 - 4:46 pm ICT by IANS
Mumbai, Feb 6 (IANS) Fast moving consumer goods (FMCG) major Hindustan Unilever Monday reported an 18.24 percent increase in its net profit for the quarter ended Dec 31 at Rs.753.81 ... Read more...

Posted in Business |

Devas deal cancelled for national security: Minister


February 6th, 2012 - 1:48 pm ICT by IANS
Chennai, Feb 6 (IANS) The central government cancelled the Antrix Corporation-Devas Multimedia deal for reasons of national security and not for purported loss of revenue in sale of spectrum, ... Read more...

Posted in Sci-Tech |

Devas deal: Former ISRO chief, three others blamed; deny charges (Roundup)


February 5th, 2012 - 11:13 pm ICT by IANS
Bangalore/Chennai, Feb 5 (IANS) A five-member team probing the Antrix-Devas deal has indicted former ISRO chairman G. Madhavan Nair and three other scientists for the controversial contract that resulted ... Read more...

Posted in Business |

Ex-ISRO chief can’t dictate to government: Congress


February 5th, 2012 - 9:15 pm ICT by IANS
Kolkata, Feb 5 (IANS) The Congress Sunday said former Indian space agency chief G. Madhavan Nair was free to criticise the twin probe reports on the multi-billion dollar Antrix-Devas ... Read more...

Posted in Sci-Tech |

Devas deal: Probe team indicts ex-ISRO chief, three others (Second Lead)


February 5th, 2012 - 12:49 pm ICT by IANS
Chennai, Feb 5 (IANS) A five-member team that probed the controversial Antrix-Devas deal has indicted former ISRO chairman G. Madhavan Nair and three other scientists for the controversial contract ... Read more...

Posted in Sci-Tech |

No cheap selling of spectrum in Antrix-Devas deal: Review Committee


February 5th, 2012 - 4:05 am ICT by IANS
Chennai, Feb 5 (IANS) The controversial deal between Indian Space Research Organisation (ISRO) commercial arm Antrix Corporation and Devas Multimedia may not have resulted in huge revenue loss for ... Read more...

Posted in Uncategorized |

Nair, three others found responsible for Antrix-Devas deal (Lead)


February 5th, 2012 - 3:45 am ICT by IANS
Chennai, Feb 5 (IANS) A five-member team that probed a controversial deal between Indian Space Research Organisation (ISRO) commercial arm Antrix Corporation and Devas Multimedia has concluded that former ... Read more...

Posted in Sci-Tech |

Hong Kong based businessman cheated by two Delhi con men


February 3rd, 2012 - 12:38 am ICT by IANS
New Delhi, Feb 2 (IANS) A Hong Kong-based Indian businessman has alleged he was cheated to the tune of Rs.2.55 crore by two Delhi residents who promised to supply ... Read more...

Posted in Uncategorized |

Kobelco Cranes mulls capacity expansion


February 2nd, 2012 - 10:50 pm ICT by IANS
Chennai, Feb 2 (IANS) Crane manufacturer Kobelco Cranes India Pvt Ltd, a Japanese subsidiary, plans to increase its production capacity by 2013 and roll out higher capacity crawler cranes, said ... Read more...

Posted in Business |

Renault to roll out below Rs.4 lakh car


February 2nd, 2012 - 7:59 pm ICT by IANS
Kolkata, Feb 2 (IANS) French auto major Renault Thursday said it is planning to launch a passenger car in India at below Rs.4 lakh."Beyond Rs.4 lakh a car is our ... Read more...

Posted in Business |

2G licence cancellation to affect banks


February 2nd, 2012 - 6:34 pm ICT by IANS
New Delhi, Feb 2 (IANS) Major lenders including State Bank of India and Punjab National Bank have lent money to most of the telecom firms whose 2G licences will ... Read more...

Posted in Business |

Rs.3.57 crore spent on boxers’ Olympics preparations


February 2nd, 2012 - 5:15 pm ICT by IANS
New Delhi, Feb 2 (IANS) The union sports ministry has so far spent Rs.3.57 crore on the training and foreign exposure of boxers under Operation Excellence for London Olympics 2012 ... Read more...

Posted in Uncategorized |

UCO Bank might get capital infusion of Rs.2 billion


February 1st, 2012 - 11:54 pm ICT by IANS
Kolkata, Feb 1 (IANS) City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year."We might get some capital from ... Read more...

Posted in Business |

UCO Bank’s Q3 net jumps 10 percent (Second Lead)


February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...

Posted in Business |

Four accused in Adnan Patrawala murder walk out of jail


January 31st, 2012 - 9:47 pm ICT by IANS
Mumbai, Jan 31 (IANS) A day after they were acquitted in the murder of Mumbai teenager Adnan Patrawala, his four friends accused in the case were released from a jail ... Read more...

Posted in Uncategorized |

United Bank of India’s Q3 net up by 38.5 percent


January 31st, 2012 - 9:12 pm ICT by IANS
Kolkata, Jan 31 (IANS) Public sector lender United Bank of India Tuesday reported a 38.5 percent jump in its net profit in the quarter ended Dec 31, 2011 to Rs.2.26 ... Read more...

Posted in Business |

Kerala to create 50,000 entrepreneurs


January 31st, 2012 - 6:12 pm ICT by IANS
Thiruvananthapuram, Jan 31 (IANS) The Kerala government will Thursday announce the names of 812 unemployed youths who will receive training under an ambitious Rs.2,500-crore scheme to create 50,000 entrepreneurs in ... Read more...

Posted in Business |

PNB quarterly net profit rises 5.5 percent


January 31st, 2012 - 4:39 pm ICT by IANS
Mumbai, Jan 31 (IANS) State-owned Punjab National Bank Tuesday reported a 5.5 percent increase in net profit at Rs.1,150 crore for the quarter ended Dec 31 as against Rs.1,089.77 crore ... Read more...

Posted in Business |

Five held for cheating finance company


January 31st, 2012 - 2:01 am ICT by IANS
New Delhi, Jan 31 (IANS) Five people, including two officials from a private bank, accused of taking loans worth over Rs.2 crore by depositing fake gold biscuits, have been arrested, ... Read more...

Posted in Uncategorized |

Allahabad Bank’s Q3 net up by 34 percent


January 30th, 2012 - 9:57 pm ICT by IANS
Kolkata, Jan 30 (IANS) Public sector lender Allahabad Bank Monday reported a net profit of Rs.5.60 billion for the quarter ending Dec 31, 2011 against Rs.4.2 billion for the corresponding ... Read more...

Posted in Business |

Four accused in Adnan Patrawala murder acquitted (Lead)


January 30th, 2012 - 7:47 pm ICT by IANS
Mumbai, Jan 30 (IANS) A Mumbai sessions court Monday acquitted four accused in the 2007 kidnapping and murder of 16-year-old Adnan Patrawala after the prosecution failed to prove its case, ... Read more...

Posted in Uncategorized |

Indian Bank to convert Rs.400 crore preference shares to equity


January 30th, 2012 - 5:44 pm ICT by IANS
Chennai, Jan 30 (IANS) Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the ... Read more...

Posted in Business |

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