India News

 Hitachi Construction Machinery Company (HCM) has increased its stake in Telco Construction Equipment Company Ltd (Telcon)  a joint venture between Tata Motors and HCM  to 40 per cent.

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THE CONGRESS on Thursday tried to turn the Volcker heat on the BJP by demanding that the scope of the Pathak probe panel be expanded following allegations that a "very close associate" of former prime minister A.B. Vajpayee was involved in oil deals with Saddam Hussein's son Uday.

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Foreign insurance companies prospecting for business opportunities in India will now need to obtain permission from the insurance regulator before setting up a liaison office. Until now, this permission was granted by the RBI.

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The Turbomeca (SAFRAN Group France), a leader in design, production, sale and repair of gas turbines, has launched its Indian Subsidiary, Turbomeca Turbochargers Industrial India (TTII).

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India and the 10-member Association of South East Asian Nations aim to forge a free-trade agreement by the start of 2007, Indian Trade Minister Kamal Nath said after talks with ASEAN on Friday.

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Samsung on Friday announced that it would set up a handset manufacturing facility at Manesar in Gurgaon district with an investment of $15 million.

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Dada Saheb Phalke Award Winner Adoor Gopalakrishnan would inaugurate the festival at the Nishagandhi auditorium, Kanakakunnu, here. Deepa Mehta's controversial film ''Water'' will open the eight-day festival

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Bollywood blockbusters Black, Paheli and Veer Zaara are among the foreign films, which qualified for nominations at the prestigious Golden Globe Awards, which precedes the Oscars.

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India was very late in taking full advantage of the telecom revolution. It entered mobile telephony only on August 23, 1995. Due to high costs and licensing difficulties, mobile telephony did not take off until 2003.

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Budget may feature an additional duty goods, as the centre and the states are weighing various options to mobilise resources to offset states' imminent revenue drain owing to the proposed phasing out of the central .

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The next big step in the country’s civil aviation sector may be intra state connectivity if efforts of the government are anything to go by. In the next few weeks, the government-owned Indian Airlines is likely to sign .

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India needs to reform its labour laws so that they protect the interests of workers, create jobs and enable the country to attract investment for faster economic growth, Prime Minister Manmohan Singh said on Friday.

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Maintaining that Uttar Pradesh Chief Minister Mulayam Singh Yadav has failed "miserably" on all fronts, BJP leader Vinay Katiyar alleged that the law and order situation in the state was deteriorating day by day.

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The Bomby High Court on Friday approved the Reliance Industries Limited's demerger scheme, which sought to make changes in the company's shareholding pattern as part of a settlement between Ambani siblings, Mukesh and Anil.

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Anjali Gupta is India's first female officer to be court martialled. The court in Bangalore convicted her of misappropriating funds, insubordination and failure to report for duty.

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Playback legend Asha Bhosle and Pandit Ravi Shankar's daughters Anoushka and Norah Jones have been nominated for the prestigious Grammy Awards 2005. The 72-year-old legend and Anoushka has been nominated in the category of 'best contemporary world music album.

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Jammu and Srinagar, where municipal elections were held after more than 25 years earlier this year, are to be developed as modern cities. Jammu and Kashmir Chief Minister Ghulam Nabi Azad said this at an interaction with the mayor and corporators of the Jammu Municipal Corporation on Thursday evening.

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Globalisation is having an impact in the unlikeliest of places. The venerable Indian Revenue Service (IRS) is losing its best and brightest to the private sector, especially multinational accounting firms.

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After slapping a show-cause notice for defaulting on a CDMA tender, state-run BSNL is currently examining the reply of Chinese vendor Huawei Technologies to take a decision on its future participation eligibility criteria in the PSU's tenders.

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Four Delhi Metro stations will soon wear a more aesthetic look with Rajasthani art, including paintings of sand dunes, puppets and palace interiors, gracing the walls.

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The government on Thursady gave its approval to amend Article 164 (1) of the Constitution to include newly-created states of Jharkhand and Chhattisgarh.

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The exotic world of derivatives may be in for a jolt. Bankers have received firm indications that the Reserve Bank of India (RBI) will soon put a cap on the size of the currency and interest rate derivatives book that a bank can run.

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 Tata Motors Ltd has launched a new range of sports utility truck (SUT), a first of its kind offering by any Indian automobile company, that doubles as a pick-up as well as a sports utility vehicle (SUV).

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Dispelling apprehensions about the proposed multi-billion Iran-Pakistan-India gas pipeline project, India on Thursday said that the project is going on the right track.

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With the ban on new LPG connections having been lifted from December 1 onwards, Petroleum and Natural Gas Minister Mani Shankar Aiyar has said that the situation would further ease as shortage of cooking gas has largely been overcome.

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The Union Government has authorised the Insurance Regulatory and Development Authority (IRDA) to grant permission to foreign insurance companies for setting up liaison offices in the country. Earlier, the Reserve Bank of India was performing this task.

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The Vishwashnagar tragedy on Wednesday could have been averted had the Supreme Court directive on illegal industries been followed.Nearly every second home in Vishwashnagar in east Delhi houses illegal factories and godowns.

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The Accountability Commission of J-K today rejected the plea of Congress state president and Haj and Auqaf Minister Peerzada Mohammad Sayeed to defer proceedings against him .

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A FIRE broke out in Vikas Bhavan at ITO late this evening, injuring one fireman who was fighting to control it. According to Fire Service officials, the ‘‘medium-size’’ blaze destroyed the second floor office .

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The first Wind Under the Wings award, instituted as part of the Sanctuary ABN AMRO Wildlife awards, to an organisation facilitating conservation will go to The Indian Express for its investigation into the killing of tigers inside national parks.

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The Union cabinet tonight approved a proposal to amend the Constitution to provide reservation for Scheduled Castes and Tribes and backward classes in educational institutions, particularly private unaided institutions, other than minority ones.

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A military court in Bangalore on Thursday ordered the dismissal of Indian Air Force Flying Officer Anjali Gupta from service finding her guilty of seven charges including insubordination. The punishment is subject to confirmation by the Chief of Air Staff.

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Acquiring a Bangalore-based software engineer is not a wallet-friendly exercise anymore. Especially so for Tier II and III software firms. A mid-level techie costs a company anything between Rs 8-10 lakh per annum, and if the trend continues many of these companies will have trouble hanging onto the bright talent from Bangalore.

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Mainitaing that Uttar Pradesh Chief Minister Mulayam Singh Yadav has failed "miserably" on all fronts, BJP leader Vinay Katiyar on Friday alleged that the law and order situation in the state was detereorating day by day.

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The India growth story is getting bigger and better. For the first time, India has emerged stronger on the global investment radar in 2005, overtaking the United States for the first time to become the secondmost attractive FDI destination in the world.

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The Kerala government has stepped up its efforts to seek the release of Naushad, who might lose one of his eyes following a sentence pronounced by a Saudi court.

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The Union Cabinet has approved a proposal to amend the Constitution to restore reservation for Scheduled Castes and Scheduled Tribes in unaided private professional educational institutions.

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In Rajasthan, the second anniversary celebrations of the Vasundhara Raje government have sparked off a major row.The government has chalked out an elaborate week-long celebration that includes a dance recital by BJP MP and Bollywood star, Hema Malini.

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Survivors of the October 8 earthquake in Kashmir are eager as the President of the Congress party Sonia Gandhi visits the region today. The visit to Uri on her birthday has raised hopes that she would bring help.

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It's a significant day in the 1993 Mumbai blasts case. Actor Sanjay Dutt and recently extradited don Abu Salem will be produced in the TADA court along with 120 other accused.

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Rainfall is expected in northern Tamil Nadu and Pondicherry as cyclone Fanoos is located 550 km southeast of Chennai. There is an alert in the region as the cyclone pushed wind speeds to 70 km an hour.

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