India News

Government on Thursday decided to completely exit auto major Maruti through sale of its residual 10.27 per cent stake, which at current market price is expected to fetch the exchequer over Rs 2,700 crore.

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To improve the employability skills of fresh engineering graduates, information technology training company NIIT has launched a five-semester long course called `Integrated ANIIT for Engineers,' (IAE).

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Power equipment major Bharat Heavy Electricals Limited (Bhel) has bagged an order from Indian Oil Corporation (IOC) to set up an energy efficient and environment friendly co-generation power plant at its Haldia Refinery Complex. The project was awarded through international competitive bidding (ICB).

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Despite peace brokered by the administration over the vexed issue of Dalit entry into a Hindu temple at Keredagada in this district, about 1000 Dalits have decided to embrace "some other tolerant religion."

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Five persons, including two security force personnel, were killed and four injured when Naxalites triggered two powerful landmine blasts on Thursday in Chhattisgarh's Dantewada district, a senior police officer said.

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A former Delhi municipal councillor and Congress leader was on Thursday found guilty in the murder of her colleague and alleged lover in August 2002.

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India's largest telecom operator BSNL will invest about Rs 2,000 crore to augment its broadband infrastructure in urban and rural areas.

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The Maharashtra government on Thursday decided to hand over the probe into the serial blasts at Malegaon on September eight and a bomb attack at Nanded earlier this year to the CBI, official sources said.

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The comprehensive bill on insurance is likely to be approved by the Cabinet on Thursday. The Bill is crucial because it includes amendments to the Insurance Act, 1999, which among other things will notify the hike in the FDI cap to 49% from 26% in the sector.

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The Reserve Bank of India (RBI) on Wednesday issued a notification that will formalise the liberalised remittance scheme of $50,000 for resident individuals.

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It seems to be raining deals for Indian software services industry, Pune based telecom software services company Tech-Mahindra, has bagged the largest outsourcing deal valued at $1 bn from British Telecom (BT). This is the largest contract bagged by any software services firm in India.

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A division bench of Calcutta High Court on Thursday upheld an earlier order rejecting the caveatable interest of three members of Birla family in the probate petition of Rajinder S Lodha in the Priyamvada Birla estate case.

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BJP president Rajnath Singh's partymen may be celebrating his homecoming but he knows there's a lot of work to be done.

Pleasantly surprised by his party's performance in the civic elections, Singh now hopes his party will be able to improve its tally of seats in UP in the assembly elections slated for early 2007.

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A leopard was spotted at Kendriya Vidyalaya school in Bajaj Nagar area of Jaipur. Police and forest officials were called in and after combing the area, the leopard was found stepping out of the school.

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The Maharashtra government has declared famine in almost half of Thane district. Six of 13 tehsils in the district have been hit by famine and 974 villages have been affected.

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Arcelor Mittal, the world's biggest steelmaker, is expected to sign an MoU with Orissa government later Thursday for setting up a 12 million tonne steel plant in the state.

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The TADA court in Mumbai has extended the bail plea of actor Sanjay Dutt, till January 18. Earlier, he was held guilty for possessing arms in the 1993 bomb blast case.

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The Karnataka government on Wednesday re-imposed a ban on the sale and distribution of soft drinks within the premises of schools, colleges and hostels with immediate effect. A notification to this effect was issued by the state government on December 18. 

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Depending on the area and the population, city gas distributors will be allowed marketing exclusivity initially, according to the city gas distribution policy that was announced today.

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Forty Telugu Desam members, including Leader of the Opposition N. Chandrababu Naidu, were suspended from the Assembly on Wednesday when they again persisted with their demand for a discussion on Chief Minister Y. S. Rajasekhara Reddy's lands during zero hour.

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Tamil Nadu government fixed the minimum and maximum rates for cinema tickets for airconditioned and non-airconditioned theatres in the state on Wednesday.

An official release here said the Chief Minister M Karunaidhi, announced a minimum ticket rate of Rs 10 and maximum of Rs 50 for A/c theatres and Rs 7 and Rs 30 for non-A/c theatres in the corporation areas.

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US defence companies have launched a new effort to increase ties to India, a country that projects USD 10 billion in annual defence purchases over the next decade.

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Kingfisher airlines on Wednesday complained to the Economic Offences Wing (EOW) of the city crime branch of an online ticket booking fraud through credit cards saying the airline was duped to the tune of Rs 17 crore. The EOW suspect a nationwide organised racket behind the fraud.

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Anticipating terror attacks during the year-end and New Year's Eve, the Mumbai Police have beefed up security at places of worship, railway stations and other areas in the city and its suburbs. The police will also keep a close watch on all nightspots during the festive season.

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There are no fog delays in Delhi's IGI Airport on Thursday morning and flights are on time. But it was a harrowing experience on Wednesday night for hundreds of passengers flying in to Delhi from the South and West of the country.

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US defence companies have launched a new effort to increase ties to India, a country that projects USD 10 billion in annual defence purchases over the next decade.

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The discovery of three unclaimed suitcases at various areas of Chennai airport on Wednesday late night caused a flutter among waiting passengers bound for various destinations.

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