India News

It can now be confirmed that India has been the most attractive investment destination for foreign investors. Private-external-inflows to India has been the highest in the last three to four years, compared to other emerging countries.

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M F Hussain and S H Raza are ruling the roost in the Indian art auctions with their works selling at a whopping $5.24 million and $5.37 million respectively in the first six to seven months of the year.

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The hoteliers and traders in Mount Abu, a popular getaway between Rajasthan and Gujarat, have called a three-day bandh to protest against a notification issued by the government.

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The Delhi Police has charged a man with conspiring to kill actress Mallika Sherawat.The accused, Rajesh Dalal, was arrested in Sangli, Maharashtra.

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'Pass Class XII and get a job' seems to be the new mantra of Central Board of Secondary Education (CBSE) which is set to start courses like financial marketing management and fashion design and garment technology.

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Vijay Mallya-promoted Kingfisher Airlines has taken the delivery of four Airbus A-321s in the past three weeks out of the 43 aircrafts that it is buying from the European plane manufacturer.

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The reservation controversy snowballed on Wednesday with Minority Affairs Minister A R Antulay insisting that private sector will have to provide jobs to minorities, SCs, STs and backward classes for which he suggested an independent commission on the lines of the UPSC.

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A day before the hearing on US-based Motorola's petition challenging BSNL's Rs 20,000 crore GSM tender, Ericsson, which had emerged the lowest bidder, said an early solution to the legal battle will be good for both the company as well as India for the growth of telecom sector.

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The reservation issue has brought the industry back in the hot seat.Top representatives of government and industry are meeting in the Capital on Wednesday.

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Four persons, including the adopted sister of absconding prime accused Tiger Memon, were today held guilty by a court here for their complicity in serial bomb blasts that killed 257 people in the city in 1993.

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Traders in the Indian capital Wednesday began a relay hunger strike to put pressure on the government to take up the issue of sealing of shops in residential areas when Parliament's Winter session opens next week.

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As India prepares to receive President Hu Jintao next week, China today said the two countries must make "mutual compromises" on "disputed" issue of Arunachal Pradesh and that it was ready to do so.

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The customs department has given film star Aishwarya Rai time till this weekend to submit her version on the receipt of a parcel from Rotterdam containing 23,000 euros (approx Rs 14 lakh) sent to her by a person whose name is being withheld by officials.

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Maruti Udyog Ltd has launched a limited edition new variant of its best selling model, Alto, that will be costlier by about Rs 8,000 from the existing model.

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External Affairs Minister Pranab Mukherjee will visit Pakistan next month. He will also invite President Pervez Musharraf for the SAARC summit in India next year.

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Police and bomb disposal teams rushed to a lower court in Navsari district of south Gujarat on Wednesday following an anonymous call that claimed that a bomb was placed there.

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After Sunday's horrific accident on Mumbai's Carter road, the Mumbai police are taking a tough stand against those driving under the influence of alcohol.

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Steel pipes maker Welspun Gujarat Stahl Rohren Ltd. said on Wednesday it had secured an offshore pipeline order worth 4.60 billion rupees from Exxon Mobil Corp.

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The abducted three-year-old son of the CEO of a leading US software firm remained untraced on Wednesday, though police claim to have got vital clues which they do not want to reveal at the moment.

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Tata Motors on Wednesday slashed the price of Indica V2 Xeta with the launch of a new 1.2 litre engine option at an introductory limited period price offer of Rs 2.29 lakh (ex-showroom Delhi).

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A Hizbul Mujaheedin militant was gunned down by security forces in Ramban district and an ultra of Lashkar-e-Toiba (LeT) was arrested in Doda area of Jammu and Kashmir, police said on Wednesday.

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The Supreme Court has set November 20 as the deadline for Delhi traders to stop all illegal commercial activities in residential areas.

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Continuing with its upward march, the benchmark Sensex rose by more than 79 points in early trading today on the back of sustained buying by funds as well as retail investors in blue-chip stocks.

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The Cricket Board (BCCI) sought to downplay the controversy over the unavailability of the team blazers and ties prior to the national squad's departure for South Africa on Monday, saying it had happened because of a miscommunication with their sponsors.

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Intel Corporation launched globally on Tuesday its new quad core chips for both server and desktop platforms. Part of the work involved in getting these chips ready was undertaken at the Intel India Development Centre (IIDC) in Bangalore, according to Ramamurthy Sivakumar, Country Manager, Intel Technology India Pvt. Ltd.

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On the last day of talks between the Indian and Pakistani foreign secretaries, Siachen may be discussed in more detail.

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The controversy over the issue of reservation for Muslims hotted up with JD(U) opposing any such move while senior Congress Minister A R Antulay said he wants justice to minorities and an end to discrimination.

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Two men accused in the July 11 train bombings in Mumbai were on Tuesday re-arrested for their alleged role in the September 8 blasts at Malegaon, with the Mumbai Police linking the two terror strikes.

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Real estate major DLF has acquired the Ritz Hotel property in Amritsar. The cost of the acquisition is expected to be about Rs 72 crore (the property includes 2 acres of land and a hotel with about 40 rooms). The firm will re-develop the property into an international-standard business hotel with a leading brand.

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Reliance Industries is set to make a big splash, this time in water management. The Mukesh Ambani-controlled petrochemicals major has set up a team to spearhead the initiative. Water management has been opened up for private players.

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President A P J Abdul Kalam will inaugurate a three-day conference on information technology in design and construction, beginning here on Wednesday.

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ULFA militants triggered a bomb blast on a crude oil pipeline in Assam's Sibsagar district, a little after midnight on Tuesday.

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The low fare party in domestic skies is set to hit a jarring note. With cost pressures and competition squeezing margins, India's domestic airlines are preparing to push up air fares from this week in a bid to wipe some red ink off their balance sheets.

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The Centre has convened a meeting of the North Eastern Council here from Wednesday to discuss futuristic plan and special areas of concern to the region.

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Tata Sons has raised about Rs 900 crore in a bulk deal on Tuesday that saw it selling 85 lakh shares of Tata Consultancy Services (TCS) at Rs 1,059 per share, representing 0.8% of its equity stake in the IT company.

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Pakistan Foreign Secretary Riaz Mohammad Khan on Tuesday met Indian Foreign Minister Pranab Mukherjee in national capital New Delhi. Khan, heading a 12-member delegation earlier had the first round of talks with his Indian counterpart Shivshankar Menon in a bid to revive a peace process that was halted by deadly train bombings in Mumbai in July.

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Separatist guerrillas carried out a grenade attack on the home of Manipur's chief minister, police said on Wednesday.

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The fate of over 25,000 traders, who have submitted affidavits to stop the misuse of residential premises for commercial activities in the Capital, will be decided by the Supreme Court on Wednesday.

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