India News

Mukesh Ambani-controlled Reliance Petroleum Ltd today fixed Rs 60 as the price for its maiden public issue to raise Rs 2,700 crore, taking the total mop up from equity sale to Rs 10,800 crore.

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It's going to be a disabled friendly election this time in Tamil Nadu.Permanent concrete ramps have been constructed almost in all the 53,000 polling stations.

With a population of over sixteen lakh disabled people in the state, the physically challenged will be able to use their wheel chairs right up to the electronic voting machine to cast their vote.

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Elitegroup Computer Systems Inc., one of the leading manufacturer of motherboards and notebook products, has announced a ‘30-minute’ instant service policy for its newly launched 865G-M8 motherboards in India.

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GoAir is planning to launch direct flight services from Hyderabad to Mumbai, Delhi and Kolkata and a couple of non-metro cities.

"We are evaluating the prospects of launching these new services from Hyderabad, and will firm up plans in the next one-and-a-half months," Jeh Wadia, managing director of GoAir, said here today.

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West Bengal Chief Minister Buddhadeb Bhattacharya may be the poster boy for economic reforms in his state.

But in his constituency of Jadavpur, Bhattacharya is facing mundane issues like shortage of drinking water, congested roads and inadequate health facilities.

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Anil Ambani-owned Reliance Airport Developers on Monday moved the Supreme Court challenging the Delhi High Court verdict upholding the government's decision to allot Delhi and Mumbai airports' modernisation work to rival bidders -- GMR and GVK led consortia.

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A local court on Monday issued a non-bailable arrest warrant against noted film producer, JP Dutta for wrongly displaying the national flag over coffins in the film ‘LoC Kargil'.

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The Supreme Court on Monday maintained the status quo on the minority status of Aligarh Muslim University (AMU) and referred the matter to the Chief Justice for allocating it to a higher bench.

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Four people have been arrested by Delhi Police in Soro in Orissa on Sunday in connection with the double murder of a mother and daughter in Delhi's last month.

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Yet another political party, Jan Morcha, has been launched, this time by former prime minister V P Singh and actor-turned-politician Raj Babbar. While announcing the formation of the party, Mr Singh said that representatives of other smaller parties had extended their support to the initiative. He said the Morcha, an adjustment with other like-minded parties, would participate in polls and its first target would be Uttar Pradesh, slated to go to assembly polls early next year. 

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In comments that could raise hackles in the government, former External Affairs Minister K Natwar Singh today accused it of letting the people of Nepal down and said its "masterly inactivity" has not succeeded.

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The pension Bill may finally be tabled in Parliament in the forthcoming session in May. This is, however, subject to the results of the Assembly elections in the states. “The bill is already pending, it is a matter of time before it is listed.

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The ministry of overseas Indian affairs is getting into migration management policy in a big way. ”Given India’s young workforce and the huge economic opportunities emerging around the world, we are well poised to reap the benefits of global skills shortages.

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A shift in the Indian Government's stand away from endorsement of King Gyanendra's proclamation of April 21 was hinted at by Prime Minister Manmohan Singh's studied response to a German journalist's question at the joint press conference in Hannover.

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The Bombay Stock Exchange (BSE) Benchmark 30-share Index (sensex) showed signs of stability, ruling around 12,000 mark during morning trading today.

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The Union Bank of India is targetting a total business of Rs1,60,000 crore business (Deposits Rs90,000 crore Advances Rs70,000 crore) during FY 2007. Last fiscal the bank did a total business of around Rs125,000 crore (Deposits Rs74,200 crore; Advances Rs54,500 crore) placing it as the seventh-largest bank in the country and the sixth amongst public sector banks.

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A post-arrest medical check up condcuted at J J Hospital on Sunday on Praveen Mahajan, who shot and critically wounded his eldest brother and BJP leader Pramod Mahajan, concluded that Praveen was mentally stable and sound, Mumbai police told a court here.

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The forbidden love of Pakistanis for Indian movies was allowed into the open on Sunday with the public screening of a 1960 classic beloved on both sides of the border.

Mughal-e-Azam, or The Great Mogul, a historical romance with a tragic ending, may have been made in Bombay but was set in Lahore at a time when Muslims ruled India.

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Delhi has unseated Mumbai as the top job creator with maximum number of employment opportunities coming up in IT and IT-enabled sector, a study has revealed.

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Seven people were killed and 33 others admitted to hospital after consuming spurious liquor in Gholabandh village.

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An Ortho Trauma Specialist arrived here on Sunday night from Australia and immediately held consultations with doctors treating BJP leader Pramod Mahajan who is battling for life at the Hinduja hospital.

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The birdflu scare has its impact on the new drug policy in the making. Drug makers will soon encounter a price control order which will go far beyond fixing prices to even restricting the availability of medicines at medical shops.

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Polling for by-election to the Patna (West) assembly constituency, where 433 out of 531 booths declared 'super-sensitive', began on Monday morning amidst tight security.

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Four people, including three policemen, were injured at a polling booth in Jammu and Kashmir on Monday morning while voting was in progress leading to panic and people scurrying for cover.

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Jewellers from Hyderabad will set up 14 stalls at the India International Jewellery Show (IIJS 2006) to be held in Mumbai from May 4. 
 
The country's largest jewellery trade fair, with 1,500 stalls spread over 46,000 square metres, will also witness 800 visitors from the City of Pearls, according Mohanlal Gupta, member of IIJS 2006 southern region sub-committee. 

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Terming India's economic growth as "impressive", the World Bank and IMF have said the country faces a challenge in the infrastructure sector which it needs to improve in order to attract more foreign investment.

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Crude oil prices retreated as traders took mild profit after recent sharp gains, although supply worries linked to Iran continued to support prices after the country insisted its nuclear program was irreversible.

Light, sweet crude for June delivery fell 48 cents to $74.69/barrel in Asian electronic trading on the New York Mercantile Exchange.

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India is finally set to open its account in the latest oil and gas hot spot of the world — Nigeria. The Nigerian government has assured ONGC Videsh and ONGC Mittal Energy of at least three blocks in the next round of mini-bidding slated to kick off in May.

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Tendulkar crosses another milestoneSachin Tendulkar celebrates his 33rd birthday on Monday as he battles injury and poor batting form.

The past year has been harsh on him with injuries and a string of low scores, sparking speculation whether his best was behind him.

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India, an emerging knowledge power, and Germany, Europe's technology giant, have decided to set up a Science Centre to accelerate their cooperation in science and technology, particularly in the frontier areas of space, biotechnology and medical research.

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Voters began queuing up in Jammu and Kashmir early Monday in four constituencies, three in Kashmir and one in Jammu, holding by-elections.

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Donning the mantle of a diplomat, Petroleum Minister Murli Deora is going all out to garner support for the Indo-US nuclear arrangement. 
 
Deora has written to Prime Minister Manmohan Singh that Indian corporate houses like Tata and Reliance should convince their United States business counterparts like American International Group and Exxon for drumming up support for the Indo-US nuclear arrangement. 

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A local court on Sunday remanded Pravin Mahajan to police custody till April 29 on charges of attempt to murder his elder brother and BJP General Secretary Pramod Mahajan, who is battling for life in a hospital.

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Five Indian-born people feature in the top 10 list of Britain's richest, with Lakshmi N Mittal continuing to lead the league tables with a £14.8 billion fortune, the Hinduja brothers at number seven with £3.6 billion and Mumbai-born Baghdadi Jews, David and Simon Reuben at eighth place.

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BJP General Secretary Pramod Mahajan's condition is stated to be critical but stable after doctors performed an emergency operation on Sunday.

Excess fluid from his kidneys was drained out and the bleeding in his liver has stopped.

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