India News

Young Parimarjan Negi’s unbeaten run came to an end at the 43rd National B chess championship in the Capital on Friday. Tournament’s only GM, RB Ramesh, who was forced to work hard for his third-round win on Thursday evening.

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National Democratic Alliance (NDA) on Saturday stepped up its offensive against Rashtriya Janata Dal (RJD) president and Union Railway minister Lalu Prasad Yadav by charging him of indulging in 'politics of fraud' and taking credit for the work done by the previous NDA government at the Centre.

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He may have masterminded the lethal London bombings on July 7 with pride, but hundreds of miles away those living in his ancestral village in Gujarat look down upon the deeds of British national Haroon Aswat with scorn.

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Charles Gurmukh Sobhraj could spend at least another ten years in a Himalayan jail unless the "life imprisonment" verdict by the Kathmandu District Court, upheld on Thursday by the Patan Appellate Court, is reversed by Nepal's Supreme Court.

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After an in-house investigation, the Government has concluded that there is no merit in the claim made by Gohar Ayub Khan, son of the former Pakistan President Ayub Khan, that his father bribed an Indian Army brigadier to purchase military plans of the 1965 war.

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The Tamil Nadu Chief Minister, Mr Jayalalithaa on Saturday requested the Prime Minister, Dr Manmohan Singh, to consider a proposal to set up an aviation university at Madurai in Tamil Nadu.

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Describing Bangladesh as a valued neighbour of India, External Affairs Minister K Natwar Singh on Saturday said he will address issues on which the two countries have differing perceptions and focus on the enormous potential for mutual benefit besides discussing the SAARC agenda during his three-day stay here.

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In an attempt to fly at 100% capacity, low-cost airline Air-Deccan has introduced a new category of fares to spruce up last-minute ticket sales. Airline seats will be sold between 9pm and 12 pm every night for Air-Deccan flights leaving the next day.

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The number of H-1B work visa petitions filed towards the FY06 cap of 65,000 has crossed the 49,000-mark already, with about 20,000 coming in July alone. At this pace, the entire quota of 65,000 H-1Bs is expected to be exhausted soon.

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When share prices do not keep pace with the sensex, what do corporates do while issuing a foreign currency convertible bond (FCCB)? They copy their Asian peers and insert a ‘reset clause’ to alter the FCCB conversion price or the rate (the number of shares per FCCB) to encourage foreign investors to subscribe to their FCCBs.

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Reliance Infocomm has waived late payment fees for its Mumbai customers whose bills were due for payment between July 25 and August 4.

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United Bank of India (UBI) today reported a 30.8% increase in net profit at Rs. 63.5 crore for the first quarter ended June 30, 2005 as against Rs 48.56 crore in April-June 2004.

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Heavy rains lashed Assam on Saturday with the capital city recording the highest rainfall of the season leading to large-scale waterlogging in many areas.

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Though India's tourism sector is booming, the government will take several steps to boost the industry including the creation of 150,000 hotel rooms in the next four years, Tourism Minister Renuka Choudhury said in Delhi on Friday.

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Human Resource Development Minister Arjun Singh, who is admitted to All India Institute of Medical Sciences (AIIMS) in Delhi, is recovering, hospital officials said on Saturday.

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Punjab police chief SS Virk on Saturday charged that Akali Dal (Amritsar) president Simranjit Singh Mann had collected a huge amount of money in the name of revival of terrorism in Punjab during his trip abroad to some countries recently.

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The Centre today made arrangements to airlift essential commodities to Manipur through the Assam rifles.Air sorties are in progress with the help of the Indian Air Force, and the entire material will reach today, said Rajeev Agarwal, Joint Secretary, Home Ministry.

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Children suffering from rota virus, a severe and potentially lethal stomach infection, may now have a fighting chance at surviving the illness. The first phase of the clinical trials for an indigenous vaccine for rota virus has been declared successful.

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In Shillong the police have resorted to tear gas and water cannons on a thousand-strong crowd of women protestors outside the state secretariat. The women are demanding the release of two leaders of the Khasi Students Union arrested for allegedly torching two government vehicles earlier this week.

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Bihar Chief Secretary G S Kang returned to work today, after he had gone on leave, citing differences with Governor Buta Singh. The government was upset at the way the Chief Secretary had been bypassed when it came to okaying the transfer of senior police officers.

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Anju Bobby George is hoping to repeat her form at Helsinki when the World Athletics Championships get underway today. She is once again leading Indian hopes in the long jump with the qualifying round for her event scheduled for August 9.

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Heavy Industries Minister Santosh Mohan Deb today said the government had indefinitely put off the disinvestment of its stake in Bharat Heavy Electricals Ltd. This has also placed the issue of disinvesting its 8 per cent stake in Maruti Udyog Ltd on the backburner.

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Allianz Bajaj has moved up by one notch to the third slot replacing HDFC Standard Life in terms of market share of insurance premium.  
  At the end of April-June quarter of 2005-06, Allianz Bajaj has 4.18 per cent market share. HDFC Standard Life has been relegated to the fourth slot with a 3.20 per cent market share. 

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Bajaj Auto will launch a brand new motorcycle in January 2006, following the success of its 125cc motorcycle Discover. Also in the works are two new models of scooters, which should be rolled out by FY07. Sanjiv Bajaj, executive director, hinted that the new motorcycle could be positioned in a completely new market segment. 

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Shaw Wallace is a done deal and the aviation business has just taken off. So what’s liquor baron Vijay Mallya’s up to these days. In an exclusive chat with ET at his Sardar Patel Marg house in the capital, Mallya disclosed the two-pronged strategy he is cranking out to earn his group a global footprint.

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After years of speculation and several botched attempts, the Birla family has finally kicked off a definitive process which will lead to the untangling of cross-holdings among the family members and leave Basant Kumar Birla.

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The discount fever seems to have gripped the air travel market big time. India's leading private airline Jet Airways on Friday joined the ongoing fare war in the domestic skies by announcing a new discount scheme under which ticket prices have been slashed by up to 80%.

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Shiv Sena supremo Bal Thackeray on Friday criticised actress and Samajwadi Party's Rajya Sabha member Jaya Bachchan for 'supporting' the demand for independent status for Mumbai.

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 Police Friday pressed the bomb squad into service after they received an anonymous call that explosives had been planted at the crowded Zaveri Bazaar and Manish Market in south Mumbai.

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In a big bonanza to its 23 lakh share holders, Reliance Industries Board on Friday approved a de-merger scheme and announced creation of four separate companies, slated to go to Anil Ambani, in which existing RIL shareholders would get equal number of shares.

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In a major relief to the medical fraternity, the Supreme Court on Friday clarified that doctors cannot be held criminally liable under Section 304A of the IPC unless they are “grossly” rash or negligent in performing their duties.

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Kisna, the bilingual epic saga directed by Subhash Ghai, released in the beginning of this year, is set to open the prestigious Gwangju International Film festival (GIFF) in South Korea.

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The bulls are dancing in the sandpit. The Indian stockmarket is mirroring that, as it touches new highs almost daily. Who are India's wealthiest promoters against this backdrop ? 

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The Africans have confounded again. And India's hopes of getting into the UN Security Council via the G4 route is now a no-brainer — it's time to bury the ambitious group.

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Former Indian captain Dilip Vengsarkar breaks up Sourav Ganguly's technique and feels his struggle on the on-side and against the short delivery can be minimised by having a more square-on stance.

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The tiger task force presented its report to Prime Minister Manmohan Singh last night.The task force, which was set up to investigate the disappearance of tigers in Sariska and other reserves, has decided that a separate wildlife bureau should be set up to protect tigers and other animals.
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In Mumbai, the politics over distribution of aid in areas devastated by the recent rains is hotting up.It is after waiting for hours, that the people of Kalina's Shastri Nagar and Kunchikorve Nagar manage to get a little rice and some kerosene.

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India and Pakistan continue their third round of talks on nuclear confidence-building measures today.The final day of the expert level talks, is led by Additional Secretary Meera Shankar on the Indian side and Tariq Usman Haider from Pakistan.

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Shiv Sena leader Raj Thackeray is touring the Konkan region of Maharashtra today.According to reports, the son of Shiv Sena supremo Bal Thackeray is trying to boost party workers after the exit of high-profile Sena leader Narayan Rane for the Congress.

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Amritsar police have launched a major manhunt for the 11 Pakistani cricket fans who are still missing in India.The fans had come to the country in March to watch the Mohali Indo-Pak matches.

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Imphal has turned into a city of shortages after a month and a half of blockade by the All Naga Students Association of Manipur or ANSAM, of the main highway.

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