India News

 London-based industrialist Swraj Paul has bid for defunct tyre maker Dunlop India by putting in an application with the Board for Industrial and Financial Reconstruction .Sources close to the development said the BIFR, the agency monitoring the rehabilitation process of the Kolkata-based Dunlop .

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Hinduja TMT today announced the acquisition of Bangalore-based call centre company Immaculate Interactions.According to a release issued by Hinduja TMT to the BSE today, Immaculate specialises in the outbound/telemarketing space.

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The board of directors of HCL Infosystems, which met today,  has recommended a final dividend of Rs 2 per fully paid up equity share of Rs 2 each for FY05.According to a release issued by the company to the NSE today, the aggregate of quarterly interim dividends paid and final dividend recommended totals 310% for FY05.

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Prolific filmmaker Ram Gopal Varma says his upcoming production My Wife's Murder is more an emotional family drama than a murder mystery.Varma, who was in the capital along with director Jijy Philip and lead actor Anil Kapoor to promote the film, says it showcases the mind of a husband who accidentally ends up as a murderer.

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CPI (M) on Thursday extended support to the proposed country-wide strike called by trade unions and employees' organisations on September 29 to protest privatisation and disinvestment as also to highlight their demands, including employment generation

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Jetstar Asia on Thursday launched its international no-frills, low-cost and thrice-a-week flights between Kolkata and Singapore, the first to eastern India.The budget carrier will operate with one-way tickets to Singapore beginning from Rs 4000 plus Rs 2100 in taxes for a round trip.

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It's been 13 weeks since Sachin Tendulkar went under the surgeon's scalpel, to get rid of 'dead' tissues in his elbow; it's been more than 122 days since he actually played a game for India. It's not surprising that he is itching to come back.

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A demand was made in the Rajya Sabha on Thursday to ban the screening of Aamir Khan starrer Hindi movie "Mangal Pandey" on grounds of innaccurate portrayal of the hero of the 1857 National Uprising.

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A month after demanding the resignation of BJP President L K Advani, senior party leader Madan Lal Khurana on Thursday unleashed a fresh attack saying he was finding it difficult to continue under his leadership and would decide his future plans in consultation with RSS leadership.

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Patna High Court on Thursday set aside the warrant of arrest issued by Siwan District Magistrate S K Mal against controversial RJD MP Md Shahabuddin in connection with the proceedings initiated by Mal under control of Crime Act.

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A self-styled area commander of Hizb-ul-Mujahideen has been arrested by troops in Udhampur district of Jammu and Kashmir, official sources said on Thursday. Nazir Ahmed was arrested by troops in Garhi-Kamet Ramban area of Doda district last evening, they said.

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The Supreme Court on Thursday issued notices to the Centre, Press Council of India, the news agencies and major dailies on a PIL seeking classification of newspapers on the basis of their content to denote whether these were fit to be read universally or by adults only.

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Reliance Infocomm is also in talks with 12 operators in 11 countries including Japan, Taiwan, Korea, Australia, Hong Kong, Thailand, Canada and the US (in addition to Sprint) accounting for 90% of the global CDMA footprint, the release said.

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The estimated export of petroleum products during 2005-06 is 13.305 million tonnes worth Rs 20,374 crore.

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Elaborate security and polling arrangements were made by state election commissioner Aparmita Prasad Singh, who described the exercise as the "largest single election in the world".

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Tata Technologies (TTL), through its subsidiary Tata Technologies Inc, USA,  has announced plans to make a cash offer of 220 pence per share (Rs 169.40 per share) for 100% of the equity shares of INCAT International .

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The government has cleared a proposal by German car major BMW to acquire the 30per cent stake of its two partners in its Indian subsidiary BMW India. As per the plan, BMW AG and BMW Holdings will acquire the stake. 

 
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Associated Cement Companies Ltd (ACC) on Thursday said it has alloted 13.77 lakh equity shares upon conversion of Foreign Currency Convertible Bonds(FCCBs).

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In an attempt to show itself as a transparent body, the Indian cricket board will soon place full-page newspaper advertisements that would give much sought after financial details.

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The Standing Conference of Public Enterprises on Thursday advised public sector enterprises to focus on outsourcing their support services and hone areas of core competency to increase global competitiveness.

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Law Minister H.R. Bharadwaj today said that there was no question of permitting any parallel Islamic judicial system in the country as the Constitution only recognised a judiciary functioning under the supervision of the Supreme Court of India.

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In a bid to increase its share in the IT industry, the State Government is plans to set up a ‘Technocity’ as part of the fourth-phase expansion programme of the Technopark in Thiruvananthapuram.

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A bird hit today forced an emergency landing of a Bangalore-bound Jet Airways plane at Indira Gandhi International Airport soon after its take off. Flight 9W-815 with 91 passengeras and nine crew members on board, took off from the Delhi airport at 1015.

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After an impressive opening, India's shuttle queen Aparna Popat disappointed her fans at the World Badminton Championships in Anaheim, USA.

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India will desperately look to break the agonising sequence of debacles when they clash with archrivals Pakistan in the Rabo Trophy hockey tournament today.

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The opposition to Chief Minsiter Narendra Modi's rule in Gujarat seems to have shifted base to Delhi.Senior BJP leader and former chief minister Keshubhai Patel brought along 40 MLAs with him to meet the central leadership on Wednesday.

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Already beset with problems of infiltration across Bangladesh and use of Kolkata as 'safe' refuge of ultras, the reported presence of al-Qaeda sympathisers in the city in Kolkata has added to the headache of the police.

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With the Maharashtra government banning dance bars in the state, bar girls are heading southwards. Hyderabad to be precise. Although dances in bars are prohibited here too, private parties hire girls for performances at resorts and farmhouses on the city’s outskirts.

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Single largest shareholder should own at least 50% of the paid-up equity.  
The single largest shareholder in a private FM radio company in India will have to own at least 50 per cent of the paid-up equity. The shareholder will also have to be an Indian entity for bringing in foreign equity. 

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Insurers fear that FDI cap may be locked in at 26% in the revised WTO services offer.Foreign firms have asked the government to keep its promise of raising the foreign investment cap for the insurance sector to 49 per cent in order to encourage more capital infusion. 

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Reliance asked to pay Rs 494.30 crore along with penalty and interest.The dispute between the ministries of finance and petroleum over applicable excise duty on kerosene and LPG refuses to die down with Reliance Industries Ltd receiving a notice from the excise authorities. 

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Indian steel makers are likely to raise prices by up to 7 per cent from September in line with a global price rise, and in response to easing inventories and strong domestic demand, industry officials said on Wednesday.

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Tamil Nadu Chief Minister Jayalalithaa's election promise for her constituency in Theni district had turned into quite an eyesore.Till a few days ago, the medical college hospital here had tones and tones of biomedical waste heaped in its compound, triggering a threat of an epidemic.

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The deadly encephalitis virus has killed 79 people in Gorakhpur in Uttar Pradesh this year.The disease, which affects the brain and can be fatal if not treated on time, strikes every alternate year in the north eastern and eastern parts of the state.

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Sri Lanka's main opposition leader has urged India to help break an impasse in the island nation's peace process with Tamil Tigers.The LTTE has been fighting for a separate nation since 1983.

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In a sensational incident, a CRPF jawan today allegedly shot dead his senior colleague at the residence of Union Minister Dayanidhi Maran in a high security area here.

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Andhra Pradesh Chief Minister Rajasekhara Reddy wants to make media encounters with Naxals a thing of the past. Irked by the fourth estate providing a platform to those wanted by the police, Reddy has given a stern warning to journalists.

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Various political parties have reacted sharply against the fatwa of Islamic seminary Darul Uloom of Deoband which seeks to keep women out of electoral politics.

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The Left has left its imprint all over the Rural Employment Guarantee Bill, which is to be tabled in Parliament today. The amendments were initially opposed by large sections of the government.

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He is the man who has surprisingly replaced the established Laximipathy Balaji for the Indian one-day squad. The 20-year-old has on the strength of his 44 wickets from eight matches in the domestic season has caused an upset !

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Shiv Sena chief Bal Thackeray seems to have staved off  for now, at least  the intra-party crisis precipitated by the public spat between his son Uddhav and nephew Raj.

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You could call it Hindi on a high, literally. French and German, may be the lingua franca of European airlines, but increasingly it’s our rashtriya-bhasha that’s calling the shots, 35,000 feet above the Earth.

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HEY RAM!: Gandhi-founded NGO under scanner . To blacklist an organisation founded by Mahatma Gandhi or not? This issue is giving jitters to officials of the ministry of social justice (MSJ).

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