India News

Rajasthan has decided to allow 100 percent foreign investment in real estate under a new township policy.

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The daughter of Lok Sabha Speaker Somnath Chatterjee, Anusila Basu along with other female members of her cultural troop were heckled at by unidentified persons on board the Malda-Howrah Intercity Express on Monday morning, Government Railway Police, sources said.

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Unveiling the future economic agenda of UPA, Prime Minister Manmohan Singh on Monday said its three-point mantra would be to promote farm sector, investment, especially in infrastructure, and job creation to sustain a high 7-8 per cent growth.

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In the second largest investment after the $1 billion plan by ONGC Videsh in Sudan, India today signed an agreement with the African nation for a $350 million line of credit for setting up a 500 MW power project by Bharat Heavy Electricals (BHEL).

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Six persons were injured when a transistor suddenly exploded in a village in Kutch district of Gujarat on Monday, police said.

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The Pantaloon group-promoted Kshitij will be setting up 51 malls over 14.5 million sq ft over the next three years.

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Leander Paes got the better of Mahesh Bhupathi in the men's doubles while Sania Mirza bowed out of the mixed doubles in the first round at the Australian Open Grand Slam tennis in Melbourne on Monday.

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Mumbai supercop and encounter specialist Daya Nayak was on Monday suspended by the Mumbai Police.Two of his associates have been arrested by the Anti-Corruption Bureau (ACB).

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The department of company affairs intends to scrutinise all public offers of over Rs 50 crore to raise equity and deposits during 2004-05.

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Guess what’s the better business to be in—running a store in a mall or running the parking space. You might lay bets on the former but the parking guys aren’t complaining. Even without selling a pin, malls in and around Delhi are generating good money.

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Pravati Behera received the state bravery award from the Orissa Governor Rameswar Thakur on Saturday for saving seven children from drowning in March 2004.

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The Congress party's Rahul Gandhi has urged young supporters to concentrate at the grassroots level.Gandhi was speaking on the final day of the party's 82nd plenary session in Hyderabad after surging demands to give a speech.

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Reliance Industries Ltd (RIL) will invest over Rs 5,000 crore to start commercial gas production from coal bed methane (CBM) blocks by mid-2008.

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Markets are range bound in noon deals on Monday with the Sensex slipping below 9,475.

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Hero Honda, 'World No One' two-wheeler manufacturer, today launched 'Just4her'--the first and Exclusive showroom for Women Customers for its fist scooter 'Pleasure'- in Bangalore.

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Delhi Metro will not operate from Central Secretariat to Rajiv Chowk (Connaught Place) in central Delhi on the morning of Republic Day on Jan 26 and the afternoon of Beating Retreat on Jan 29.

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Sumit D Chowdhury, the MD of troubled consultancy and IT systems integrator BearingPoint Australia, is joining Reliance Infocomm as the chief information officer (CIO).

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The board of Bajaj Hindusthan Ltd (BHL) has approved a capital expenditure of Rs 700 crore. The company has also decided to issue global depository receipts (GDRs) and foreign currency convertible bonds (FCCBs), comprising a maximum of 299.65 lakh equity shares to fund its expansion. 

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The fifth National Conference of the Human Rights Organisation(HRO) has appealed to the Tamil Nadu Government to take steps for establishing separate 'Human Rights Court'(HRO) in every district.

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Ahead of its $4.5-billion GSM expansion tender, state-owned BSNL has taken private telecom equipment suppliers Ericsson and Nortel to task, saying the poor quality of their network had caused massive revenue losses in just two months.

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Come 2008, India will be home to the world’s largest automobile test track — large enough to house five Formula One race tracks side-by-side. That’s not all, this facility will also house a modern crash-testing facility, among the first on Indian soil.

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Hindustan Petroleum Corp Ltd (HPCL) has bought 900,000 barrels of Murban crude for March loading in its monthly tender, traders said on Monday.

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Specially designed vans with books in Hindi, English and regional languages stationed in rural towns and villages are stationed for a period of two days at one spot and provide books priced at Rs.5 onwards.

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The Election Commission today postponed the by-election to the Visakhapatnam-I assembly constituency in Andhra Pradesh to February 19.

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As questions go, this is really an existential one. The income-tax department has asked film legend Amitabh Bachchan if he is an artiste?

The poser hurled at the star concerns his claim for rebate on the income he earns as the anchor for the popular Kaun Banega Crorepati show. The department has denied the rebate allowed to artistes under the the Income-Tax Act, saying that anchoring is not acting.

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State-run MTNL is planning to enter into agreements with global telecom operators to expand roaming facility on its “Dolphin” mobile service.

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Lashing out at the main opposition BJP, Congress president Sonia Gandhi on Monday charged it with playing "partisan" and "divisive" politics.

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Rajasthan is relaxing norms for setting up private colleges in the state to give a boost to higher education.The education department has formulated a new policy considerably reducing the minimum land requirement, security deposit and the number and size of classrooms in private colleges

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 Jet Airways, India's largest private sector airline, seems to have a penchant for announcements at the start of a calendar year. This time last year the carrier got permission to fly international routes, making the hitherto purely domestic airline a global player.

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It seemed natural for students who did not have the Indian Institute of Technology (IIT) tag to be intimidated as they fought for a place at Techfest, the annual technology event held at Powai. But as the event came to a close on Sunday, non-IITians walked away with all the top positions.

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Slowly but surely the contours of RIL chairman Mukesh Ambani’s next big thing is becoming clearer. RIL is planning a massive foray into real estate, largely by setting up special economic zones (SEZs) in various parts of the country. It is also entering the retail sector.

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The Kerala Government is planning to bring in a legislation to give legal backing to ''People's Adalat'' in the state, Revenue Minister K M Mani said today.

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Reliance Infocomm today offered free outgoing calls worth up to Rs 2,000 on some of its new handsets along with lower local and STD call charges. 
 
“On buying a handset for Rs 2,700, a subscriber will get Rs 2,000 worth talktime for outgoing calls along with 2,000 local short messages (SMS) free,” said SP Shukla, president (wireless), Reliance Infocomm, at a press conference here today. 

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Indian Oil Corporation has started GIS mapping of its pipelines in Bengal and Orissa so that a site could be easily detected in case of accident or terrorist attacks.

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President A P J Abdul Kalam on Sunday called for the opening of a heritage and research centre to undertake research on Jainism and its various contributions to society.

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US aircraft major Boeing will set up four flight simulators in India to train pilots to operate in adverse conditions and poor visibility like fog which plays havoc with flight schedules in winters, particularly in the capital.

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Chairman and Managing Director of Reliance Industries Ltd Mukesh Ambani has been nominated as the co-chair at the World Economic Forum (WEF) for its annual summit beginning on January 25.

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Even while terming the 21 per cent growth in tax revenues during 2005-06 as unsustainable, Union Finance Minister P Chidambaram said the government would maintain stable tax rates at a reasonable level.

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Five militants connected with the July 2005 suicide attack on the Ram Janambhoomi complex in Ayodhya will be produced in a Faizabad court.

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Nine explosions went off almost simultaneously in different parts of Assam on Sunday evening including three blasts in Guwahati.

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