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United India to expand micro-offices, agency channel


September 18th, 2012 - 1:44 pm ICT by IANS
Chennai, Sep 18 (IANS) United India Insurance Company plans to hire 21,000 agents and open 200 one-man offices in smaller cities and towns this fiscal to reach a gross premium ... Read more...

Posted in Business |

Subhash Ghai’s Haryana plot cancelled (Lead)


September 11th, 2012 - 8:29 pm ICT by IANS
Chandigarh, Sep 11 (IANS) Bollywood film-maker Subhash Ghai suffered another jolt Tuesday when the Punjab and Haryana High Court quashed the allotment of a plot allotted to him by the ... Read more...

Posted in Politics |

Court quashes Haryana plot given to Subhash Ghai


September 11th, 2012 - 8:03 pm ICT by IANS
Chandigarh, Sep 11 (IANS) Bollywood film-maker Subhash Ghai suffered another jolt Tuesday when the Punjab and Haryana High Court quashed the allotment of a plot allotted to him by the ... Read more...

Posted in Politics |

300,000 tourists flock to terror-hit Swat valley


September 11th, 2012 - 5:58 pm ICT by IANS
Islamabad, Sep 11 (IANS) A staggering 300,000 tourists from across the country have visited the picturesque yet terror-ravaged Swat valley in northwest Pakistan since the beginning of Eid, a ... Read more...

Posted in South Asia |

Philips bullish on its decorative lighting segment


September 9th, 2012 - 9:23 pm ICT by IANS
New Delhi, Sep 9 (IANS) Electronics major Philips is bullish on its decorative lighting segment and calls it a critical segment which is emerging fast in India with rise in ... Read more...

Posted in Business |

Assam refinery to explore potential markets in neighbouring countries


September 8th, 2012 - 12:11 am ICT by IANS
Guwahati, Sept 7 (IANS) Given its proximity to countries like Bangladesh, Bhutan and Myanmar, Assam's Numaligarh Refinery Limited (NRL) is now planning to explore potential markets for its products in ... Read more...

Posted in Business |

Sony eyes 30 percent market share of flat panel TVs


September 7th, 2012 - 11:38 pm ICT by IANS
Kolkata, Sep 7 (IANS) Japanese electronics major Sony is eyeinga 30 percent market share in the flat panel TV segment in India by the end of this financial year, ... Read more...

Posted in Business |

Renault launches Scala sedan


September 7th, 2012 - 6:04 pm ICT by IANS
New Delhi, Sep 7 (IANS) French automobile major Renault Friday launched its Scala sedan priced between Rs.6.99 and Rs.9.57 lakh (ex-showroom Delhi)."With the launch of the premium sedan Scala, Renault ... Read more...

Posted in Business |

Top PLA rebel arrested in Meghalaya


September 5th, 2012 - 4:47 pm ICT by IANS
Shillong, Sep 5 (IANS) A top rebel of the outlawed People's Liberation Army of Manipur was arrested from eastern Meghalaya near the Bangladesh border, an official said Wednesday.Athokpam Surchandra Singh, ... Read more...

Posted in Politics |

Volkswagen to reduce Polo, Vento prices to boost sales


September 4th, 2012 - 9:39 pm ICT by IANS
New Delhi, Sep 4 (IANS) German automobile major Volkswagen Tuesday said it will cut prices of the high-end variants of its Polo and Vento sedans and add a host of ... Read more...

Posted in Business |

Rs.70 crore liquor sold on Onam days


August 30th, 2012 - 9:47 pm ICT by IANS
Thiruvananthapuram, Aug 30 (IANS) Kerala saw Rs.70 crore worth of liquor sales during the two Onam days Tuesday and Wednesday.An official from the excise department told IANS that sales on ... Read more...

Posted in Business |

Chennai student arrested in Goa for possessing drugs


August 30th, 2012 - 8:45 pm ICT by IANS
Panaji, Aug 30 (IANS) An engineering student from Chennai, who also worked as a DJ (disc jockey), was arrested in Goa for possession of a narcotics cocktail, police said Thursday.R. ... Read more...

Posted in Uncategorized |

Citizens’ group opposes sub-panel on Tipaimukh dam


August 30th, 2012 - 3:32 pm ICT by IANS
Imphal, Aug 30 (IANS) A citizens' group Thursday opposed the formation of an India-Bangladesh joint sub-group on Manipur's Tipaimukh power project.The mega-power project, one of the largest in northeastern India, ... Read more...

Posted in Business |

Karnataka lags behind in attracting FDI: Assocham


August 28th, 2012 - 9:26 pm ICT by IANS
Bangalore, Aug 28 (IANS) Karnataka lagged behind Odisha, Andhra Pradesh, Gujarat and Chhattisgarh in attracting foreign direct investment (FDI) during fiscal 2011-12, accounting for mere eight percent of the total ... Read more...

Posted in Business |

SC offers relief to Maharashtra property buyers


August 28th, 2012 - 8:51 pm ICT by IANS
New Delhi/Mumbai, Aug 28 (IANS) In a relief to developers and property buyers in Maharashtra on the vexed VAT issue, the Supreme Court Tuesday stayed a Bombay High Court judgment ... Read more...

Posted in Business |

Cross-LOC trade declining on Poonch route


August 27th, 2012 - 7:51 pm ICT by IANS
Jammu, Aug 27 (IANS) Trade along the Line of Control (LOC) with Pakistan near Poonch in Jammu and Kashmir is falling due to the delay in expansion of the list ... Read more...

Posted in Business |

Panic post Assam riots exposes human trafficking in Goa mines (Goa Newsletter)


August 25th, 2012 - 5:19 pm ICT by IANS
The North East Association of Goa (NEAG), which was cobbled together by northeastern migrants working here in the aftermath of the Assam riots, has managed to track down, with the help ... Read more...

Posted in Business |

SBI expects another Rs.40 billion capital infusion


August 23rd, 2012 - 7:36 pm ICT by IANS
Kolkata, Aug 23 (IANS) The State Bank of India (SBI) Thursday said its meeting with the central government on capital infusion could take place this week and that it ... Read more...

Posted in Business |

Cancer drug: Natco Pharma told to file reply by Aug 25


August 21st, 2012 - 9:05 pm ICT by IANS
Chennai, Aug 21 (IANS) The Intellectual Property Appellate Board (IPAB) Tuesday asked the Hyderabad-based Natco Pharma to reply by Aug 25 on Bayer Corp's plea against the issuance of licence ... Read more...

Posted in Business |

Left-backed Kerala government staff to strike work Aug 21


August 17th, 2012 - 12:31 am ICT by IANS
Thiruvananthapuram, Aug 16 (IANS) The Left-backed state government employees have called for a day-long strike Aug 21 after Kerala Chief Minister Oommen Chandy refused to go back on his ... Read more...

Posted in Politics |

BHEL upbeat about overseas market


August 11th, 2012 - 3:59 pm ICT by IANS
Tiruchirapalli, Aug 11 (IANS) Power equipment major Bharat Heavy Electricals Ltd (BHEL) continues to be upbeat about its overseas business and does not see any slump due to the economic ... Read more...

Posted in Business |

UCO Bank Q1 net profit jumps 24 percent


August 4th, 2012 - 10:41 pm ICT by IANS
Kolkata, Aug 4 (IANS) Public sector lender UCO Bank Saturday reported a jump of almost 24 percent in net profit for the quarter ended June 30, 2012 at Rs.3.62 billion ... Read more...

Posted in Business |

Public debate needed on future of Parliament House: Lok Sabha secretary general


July 29th, 2012 - 2:49 pm ICT by IANS
New Delhi, July 29 (IANS) The 85-year-old Parliament House, one of New Delhi's iconic buildings and tourist landmarks, is getting old and needs to be preserved as a heritage for ... Read more...

Posted in Politics |

Maruti Suzuki quarterly net profit declines 23 percent


July 28th, 2012 - 5:11 pm ICT by IANS
Mumbai, July 28 (IANS) Automobile giant Maruti Suzuki Saturday posted a 23 percent decline in net profit at Rs.423.8 crore for the quarter ended June 30.The company had earned a ... Read more...

Posted in Business |

BHEL quarterly net profit rises 13 percent


July 26th, 2012 - 7:15 pm ICT by IANS
Mumbai, July 26 (IANS) State-run Bharat Heavy Electricals Ltd. (BHEL) Thursday posted a 13 percent increase in net profit at Rs.921 crore for the quarter ended June 30 against Rs.815.5 ... Read more...

Posted in Business |

Fuel prices revised countrywide


July 25th, 2012 - 10:02 pm ICT by IANS
New Delhi, July 25 (IANS) Petrol, diesel, cooking gas and kerosene prices across the country were revised Wednesday after state-run oil marketing companies adjusted the surcharge paid towards state levies ... Read more...

Posted in Business |

HDFC quarterly net profit rises 18.6 percent


July 11th, 2012 - 9:23 pm ICT by IANS
Mumbai, July 11 (IANS) India's largest mortgage lender HDFC Wednesday reported 18.6 percent net profit at Rs.10,019.10 million for the quarter ended June 30 against Rs.8,445.30 million during the same ... Read more...

Posted in Business |

Director complains against actress Padmapriya


July 11th, 2012 - 6:59 pm ICT by IANS
Thiruvananthapuram, July 11 (IANS) Director M.A. Nishad Wednesday filed a complaint against actress Padmapriya that she did not cooperate with him while shooting for his film "No 66 Madhura Bus".Nishad ... Read more...

Posted in Entertainment |

Over Rs.5,000 crore more approved for defence network


July 3rd, 2012 - 10:49 pm ICT by IANS
New Delhi, July 3 (IANS) The government Tuesday approved an additional Rs.5,236 crore for the Defence Optical Fibre Cable network, which will provide a communications backbone for the armed forces.According ... Read more...

Posted in Business |

UP ups taxes on tobacco products


June 30th, 2012 - 5:47 pm ICT by IANS
Lucknow, June 30 (IANS) The Akhilesh Yadav government in Uttar Pradesh has increased taxes on all types of tobacco products in the state in a bid to deter their use, ... Read more...

Posted in Politics |

Delhi Metro rules out fare hike for now


June 28th, 2012 - 8:06 pm ICT by IANS
New Delhi, June 28 (IANS) The Delhi Metro Rail Corporation (DMRC) Thursday said it was not hiking fares for now."At present, there is no decision regarding increase in fares of ... Read more...

Posted in Business |

Pakistan power protests cause damage worth millions


June 22nd, 2012 - 5:10 pm ICT by IANS
Islamabad, June 22 (IANS) Enraged over the ongoing power crisis, people in Pakistan's Rawalpindi city have destroyed infrastructure and inflicted a loss of around Rs.8.5 million to the government.At least ... Read more...

Posted in World |

Delhi brothers shot at by snatchers


June 18th, 2012 - 7:54 pm ICT by IANS
New Delhi, June 18 (IANS) Two brothers were injured after being attacked by three unidentified bike-borne assailants who fled after snatching a bag reportedly containing Rs.8 lakh in cash from ... Read more...

Posted in Uncategorized |

Himachal offers sops to employees


June 18th, 2012 - 6:12 pm ICT by IANS
Shimla, June 18 (IANS) Barely months ahead of the assembly elections, the Himachal Pradesh government Monday decided to give additional financial incentives to its employees and pensioners.A cabinet meeting, presided ... Read more...

Posted in Business |

Tamil Nadu to annul Udangudi power joint venture soon


June 18th, 2012 - 4:43 pm ICT by IANS
Chennai, June 18 (IANS) The 1,600 MW joint venture power project between Tamil Nadu Electricity Board (TNEB) and power equipment maker Bharat Heavy Electricals Ltd (BHEL), planned at Udangudi in ... Read more...

Posted in Business |

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