India News

Indian pubcaster Prasar Bharati doesn’t give up easily even though broadcasting guidelines are heavily loaded in its favour.The latest in this story of the pubcaster vs. private sports broadcasters is that

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India is set to corner about $60 billion of the global offshoring business that will generate an over $300-billion market by 2010, according to the Nasscom-McKinsey study 2005.

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Senior Shiv Sena leader and former Lok Sabha speaker Manohar Joshi Monday said the contention between Sena's executive president Udhav Thackeray and estranged party leader Raj Thackeray.

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An ex-gratia relief of Rs 460 million has been distributed among the quake victims of Karnah area of Jammu and Kashmir, an official spokesman said here today.

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Expelled Bharatiya Janata Party leader and former Madhya Pradesh Chief Minister Uma Bharti has warned that she would wrest power from the "hypocrites" who did not follow ideologies of Mahatma Gandhi and Pandit Deen Dayal Upadhyay.

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Inspired by their 3-2 victory over Pakistan on Sunday, India train their guns on Australia today in the 27th Champions Trophy hockey tournament.

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Nine Indians were among 11 people arrested by UAE immigration authorities who busted a major visa scam in which victims were made to pay tens of thousands of rupees for forged documents.

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 Senior BJP leader Pramod Mahajan on Monday dismissed any differences with saffron partner Shiv Sena and said both parties were free to chalk out separate agitations.

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Jharkhand, along with other BJP-ruled states, has decided to defer the implementation of value-added tax (Vat) in the state from January 1 to April 1. Implementation of Vat from January 1 would have meant double.

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The benchmark sensex zoomed to set a new high peak over 9200 points level at mid-session on the Bombay Stock Exchange as funds continued their buying in blue chip stocks.

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Benelux banc-assurance group Fortis is negotiating to set up an insurance joint venture with Industrial Development Bank of India (IDBI), the Financial Times newspaper reported on Monday.

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Environmental group Greenpeace said on Monday thousands of workers involved in the shipbreaking industry are likely to have died over the past two decades due to accidents or exposure to toxic waste on the ships.

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Bajaj Hindusthan is planning to spend Rs 240 crore to expand its capacity for industrial alcohol production (distillery). The plan is to expand the projection capacity to 800 kilo litres (KL) per day by 2006-07 and set-up three new distilleries with an aggregate capacity of 480 KL per day .

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Ranbaxy Laboratories and Medicines for Malaria Venture (MMV) will provide an update on the progress and clinical development strategy of a new anti-malarial drug, designated RBx 11160, tomorrow.

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5-10% stake sale on cards in Concor, BSNL, PFC, SCI, Nalco, PowerGrid, IRFC.Reviving the disinvestment initiative, the finance ministry has shortlisted seven blue-chip public sector companies in which 5-10 per cent .

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Hindustan Lever (HLL) has signed a memorandum of understanding (MoU) with McLeod Russel India to transfer its 100% shareholding in Doom Dooma Tea Company (DDTCL).

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The Australian economy is more resilient and able to adjust to economic shocks as global interest rates rise across the world, the head of the central bank says.

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Pune airport secured international status on Monday with national carrier Air India beginning a direct flight to Dubai from the city.The inaugural flight by Airbus, having a capacity to carry 200 passengers .

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Vijay Shankar, who took over as the director of Central Bureau of Investigation on Monday evening, has said that he would not only try to give more powers to his investigating officers, but also make the organisation more transparent.

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Special Judge for CBI cases P V Subrahmanyam today rejected the bail application of Monica Bedi, former actress and paramour of underworld don Abu Salem. The Judge also extended her judicial custody, which expired today, till December 19.

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Rebelling against their long, enforced stay in Nepal, a group of Bhutanese refugees tried to force their way back home but were pushed back by Indian security forces, a media report said on Tuesday.

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Six girls, who performed obscene dances at a hotel in Visakhapatnam, have been sent to judicial custody.Ironically, the 20 men, who allegedly watched the striptease, are out on bail.

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The market uptrend on Monday supported software major Infosys to again topple Tata Consultancy Services (TCS) from the top spot among IT companies in terms of market capitalisation.

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Cautious optimism prevailed hours before the sixth WTO Ministerial meet. With continuing differences between developed and developing nations on the contentious issue of agriculture.

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The Disaster Management Bill, 2005, secured Parliament's approval on Monday with the Lok Sabha unaninmously passing the legislation that has been in the making since the tsunami struck peninsular India last year.

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Prime Minister Manmohan Singh on Monday called for creation of a pan-Asian free trade area (FTA). Like the European Union and the North American Free Trade Area, he said the pan-Asian FTA would be a dynamic, open and inclusive association of regional nations.

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In a major announcement Prime Minister Manmohan Singh said today that the issue of opening up of the retail sector to Foreign direct investment (FDI) currently being fiercely opposed by the Left Parties is being debated and “a positive outcome” was expected in the next five to six months.

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Embarrassed by on-the-camera evidence of certain party MPs accepting bribes in return for asking questions in Parliament, the BJP today suspended all MPs, who were caught on camera, from the Parliamentary party, as well as ordering a detailed party inquiry.

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Overnight batsmen Yuvraj Singh and Sourav Ganguly began the morning session for India on day four on Tuesday in a slow but steady manner at Kotla Feroz Shah ground here. Yuvraj was on 28 and Sourav on 22 at the close of day three.

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Industrial growth slipped to 8.5% in October, 2005 from 10.6% in the corresponding period in the previous fiscal. However, it was higher than the previous month’s growth rate of 7.3%. According to the quick .

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With an investment of $40 million, a chip that can work 100 times faster than the Pentium chip and lock down the local area network (LAN) from security threats has been developed at the research and development centre of Nevis Network in Pune.

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India’s exports of software and related services may almost triple to $60 billion by March 2010, according to a study by consultant McKinsey & Co for the National Association of Software and Service Companies.

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The one-man Commission of Inquiry has held the previous Telugu Desam Party government responsible for the large number of farmers' suicides in Andhra Pradesh.

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HCL Technologies (HCL), in association with Japan-based NEC Corporation, has inaugurated a new facility - NEC HCL System Technologies in Noida. 

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Terming his appointment as CBI director as "beautiful homecoming," Vijay Shanker on Monday said he would continue to take the investigating agency to new heights and ensure speedy .

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The trial in the sensational Jessica Lal murder case has entered its final stage with prosecution having concluded its arguments on Monday in a city court. Arguing before the court of additional sessions judge S L Bhayana.

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Sadhu Yadav, brother-in-law of Railway Minister Lalu Prasad, was interrogated on Monday by the state vigilance bureau in connection with Bihar's multi-million rupee flood relief scam.

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Naeem Khan, an aide of extradited gangster Abu Salem, was taken into custody by the Anti-Terrorist Squad of Mumbai Police on Monday.He was arrested on his arrival from Dubai for questioning in the Pradeep Jain murder case.

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Goa's new international airport has run into problems with the Goa Congress deeply divided over the proposal.The opposition has come from several cabinet ministers.

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Malaysian Prime Minister Abdullah Badawi has said India has the potential to be an important partner in the Southeast Asian region."We believe that India is a country to watch.

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North India is reeling under the grip of a severe cold wave.The winter chill has swept across Punjab, Haryana, Chandigarh, Jammu and Kashmir and Himachal Pradesh.

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Affirming his commitment to extradite known criminals, CBI’s new director Vijay Shanker has said that all efforts would continue to get wanted underworld don Dawood Ibrahim back. Shanker was speaking.

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And you thought you’d done your bit by casting your vote. Turns out your elected representative may well have to be, well, coaxed into doing their job. A sting operation by a television news channel has caught 11.

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It was a sense of déjà vu for those trying to erase the memories of destruction that the October 8 earthquake had left in its trail. A powerful earthquake measuring 6.7 on the Richter scale jolted both sides of Kashmir early morning.

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