India News

Indian shares fell 2.9 percent, their sharpest drop in three months, in a broad-based sell off on Monday that was led by banks such as ICICI Bank after a Reserve Bank of India (RBI) policy tightening, and also by losses in telecoms.

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Nokia today announced the launch of Nokia E62 smartphone in India, making India the second country in the world after US to sell the Nokia E62 Smartphone. Part of Nokia’s flagship Eseries range, the Nokia E62 smartphone is the newest entrant in the category to drive the business mobility wave in India.

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According to a Press Trust of India report, the Indian Air Force (IAF) is said to have conducted an air trial with the Pilotless Target Aircraft, Lakshya. The exercise was conducted to test target location and precision firing by pilots of Jaguar and Mirage 2000 fighter jets of the IAF was conducted over the Bay of Bengal near to Chandipur, about 15 km from Balasore.

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Finance Minister P Chidambaram has said that Monday morning’s stock market plunge was not a cause for worry. Banking shares, which led the overall decline, would re-adjust on their good profitability, he reiterated.

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The national capital is likely to host more than 36,000 weddings on Wednesday, thanks largely to the planets perfectly aligned for a happy marriage, Sahara Samay sources said.

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Discus thrower Seema Antil has opted out of the ongoing Asian Games in Doha saying that "the mental trauma caused to her by the doping allegation would not allow her to do justice to her duty".

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Discus thrower Seema Antil has opted out of the ongoing Asian Games in Doha saying that "the mental trauma caused to her by the doping allegation would not allow her to do justice to her duty".

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Eminent poet and Sahitya Academy award winner Benoy Majumder died at his Bongaon residence today in North 24 Parganas district after a protracted illness. He was 75.

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Brazilian steelmaker CSN said on Monday it had agreed to buy Anglo-Dutch rival Corus for USD 9.6 billion, trumping an offer from Tata Steel announced only hours before. Companhia Siderurgica Nacional said it would pay 515 pence a share in cash for each Corus share, topping Tata Steel`s offer of 500 pence a share.

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The Indo-US nuclear deal, now firmed up after the passage of legislation in the United States, will "lead to worsening of tensions in South Asia," a Pakistani newspaper said on Monday.

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Ambuja Realty Group today entered into a strategic tie-up with Elbit Medical Imaging (EMI) of Israel to develop a Rs 1,000 crore, 1000-bed multi-specialty hospital in the metropolis.

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Standard & Poor's Ratings Services said today that its foreign currency ratings and outlook on ICICI Bank Ltd. (BB+/Positive/B), the second-largest and the largest private-sector bank in India, are not affected by the bank's announcement of its proposed merger with Sangli Bank Ltd. (Sangli Bank).

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A solution to the standoff between Speaker Somnath Chatterjee and Opposition NDA is not immediately in sight. NDA leaders said they were awaiting a response from the Speaker to their communication in which they have raised certain issues on the running of the House.

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A Hizbul Mijahideen militant was on Monday killed in a firefight with security forces in Pulwama district.

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Anju Bobby George bagged the silver in the long jump competition at the XVth Asian Games in Doha on Sunday. The athlete spoke to CNN-IBN's Digvijay Singh Deo after winning the medal. She said that her performance was not up to the mark because of injury and fever.

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Laxity at work and lack of responsibility have often been cited as major drawbacks of call centre workers here, but now an Indian-American plans to teach BPO employees a thing or two about work ethics and delivering quality.

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Does your mobile phone constantly suffer from battery problems? Blame it on your mobile operator rather than the phone maker. According to experts, a weak network stresses mobile phone components severely and can reduce your handset’s life. If you work out of a basement, the likelihood of your changing the handset more frequently due to weak signals is higher, add experts.

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Cities located within 150 km of an international airport may be allowed to construct their own airports. The government is planning to relax the minimum distance norm for constructing domestic airports near an international airport.

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The 300-km long Jammu-Srinagar national highway was on Monday thrown open for one-way traffic movement after remaining closed for almost a week, official sources said here.

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The Canadian singer is to perform at the Andheri Sports Complex on December 31. This New Year Mumbaikars are in for an extraordinary treat with international singing sensation and Canadian Grammy award winner Nelly Furtado (along with desi band Josh-Rup and Q) who will be performing in the city this New Year's Eve.

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India's chess team made a big move towards their second gold medal from the sport on the fifth day of the team championships when they wiped out strong contenders China 3-0 at the Asian Games here.

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It's wedding season again and Delhi witnessed over 15,000 weddings on Sunday, the first most auspicious day on the wedding calendar. Some met their soulmates in sprawling farmhouses while others had to settle for places close to their homes.

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Incensed over Prime Minister Manmohan Singh's remarks that Muslims would have the first claim on country's resources, the Opposition BJP and Shiv Sena on Monday stalled both Houses of Parliament, demanding an apology from the premier.

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The government has short listed Mozambique, Zimbabwe, Indonesia and Bangladesh for acquiring coal mines to bridge the domestic shortage, Minister of State for Coal Dasari Narayan Rao said on Monday.

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Mamta Banerjee is in no mood to give up her fight. Stepping up pressure on the West Bengal Chief Minister, she has called for a Mass Assembly in Kolkata urging her supporters to resort to any means to put an end to the proposed TATA car project.

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There have been press reports about Rani Mukherji's misbehaviour with unit members and junior actors on the sets of Pradeep Sarkar's Choodiyaan . The actress, apparently, is miffed with the reports.

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The 100 convicts in the 1993 serial blasts case, including Bollywood star Sanjay Dutt, will on Monday begin their arguments on the quantum of sentence to be awarded to them by the TADA court.

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Eighteen students, who were on a trip to a hill station, were injured this morning when the bus they were travelling dashed against a tree in Anand district.

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Shares in Tata Steel Ltd fell 2.6 per cent on Monday after it raised its bid for Anglo-Dutch steelmaker Corus Group Plc to 4.7 billion pounds. "The revised bid is on the higher side," V K Sharma, head of research at Anagram Stock Broking Ltd, said.

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Crude prices were slightly lower in Asian trade today ahead of an OPEC meeting later this week where the oil cartel is expected to announce another round of production cuts, dealers said.

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External Affairs Minister Pranab Mukherjee is likely to make a statement on the Indo US nuclear deal in Parliament. The announcement came soon after the BJP raised objections to the deal.

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In an unusual incident, West Bengal Finance Minister Asim Dasgupta is understood to have interrupted Prime Minister Manmohan Singh's concluding remarks at the National Development Council meeting to register protest against the package of interest reduction for states.

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Two suspected Laskher-e-Toiba militants were arrested in the Capital and 1.5 kg of RDX was recovered from them, a senior police official said today. The arrested were identified as Gulzar Ahmed and Mohd Amin, both hailing from Kashmir.

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