Mumbai/Kolkata, Jan 30 The 10 percent stake sale in state-owned coal behemoth Coal India Ltd (CIL) fetched the government Rs.22,745 crore as a total issue of 63.16 crore shares went for the auction Friday. Featuring as the biggest disinvestment exercise
New Delhi, Jan 30 The Indian government Friday revised the base year for computing national accounts resulting in the upward economic growth rate of 6.9 percent for 2013-14, according to an official statement. The GDP estimates under the old method
Mumbai, Jan 30 Budget passenger carrier SpiceJet plans to raise funds up to Rs.1,500 crore through issue of securities, the company informed the Bombay Stock Exchange (BSE) through a regulatory filing Friday. The decision was taken by the company board
New Delhi, Jan 30 Ahead of the telecom spectrum auction in March, the industry chambers have expressed their concerns over the steep reserve price of various airwaves and said high prices will lead to major impact on growth and expansion
Mumbai/Kolkata, Jan 30 Shares of state-owned behemoth Coal India Ltd (CIL) further fell to 3.47 percent in the afternoon trade Friday after the central government announced plans of selling a maximum of 10 percent stake in the company at a
New Delhi, Jan 30 Software service exporter HCL Technologies’ consolidated net profit surged by 28 percent in the second quarter (October-December) of 2014-15, a company statement said here Friday. The company posted Rs.1,915 crore as consolidated net profit during the
Chennai, Jan 30 Senior Congress leader and former union minister Jayanthi Natarajan Friday announced her resignation from the party, saying she had only acted on “specific inputs” from Congress vice president Rahul Gandhi’s office during her tenure as the environment
Islamabad, Jan 30 Pakistan has warned of a renewed arms race in South Asia after India and US reached a brreakthrough on nuclear trade. “Pakistan is examining the imbalance (likely to be caused by these agreements) and the possible ways
Asia-Pacific Geopolitics OBAMA NEEDS INDIA MORE By Ashok B Sharma It is abundantly clear that the United States needs India more than the latter needs the former. The US has forged strategic partnership with India in the region of its
New York, Jan 30 Taking Gmail and other email apps head on, Microsoft has launched a new Outlook app for iOS and Android devices. The new app is basically a replacement for San Francisco-based email startup Acompli that was acquired
New Delhi, Jan 30 A day after budget passenger carrier SpiceJet announced its discount scheme, full service airline Jet Airways launched its special fare offer starting at Rs.4,459. The airline’s offer is valid for return journey in economy class on
Washington, Jan 30 As India replaced its top diplomat with the nation’s ambassador in the US, a day after President Barack Obama’s visit to India, Washington stressed its “important and growing relationship with India.” “I think, clearly, that’s up to
Jaipur, Jan 30 The Rajasthan government will soon announce a forward looking mining policy that will promote mineral industry in the state as well as attract investment in the sector, Chief Minister Vasundhara Raje said. “The new mining policy will
Kolkata/Asansol, Jan 30 West Bengal Chief Minister Mamata Banerjee said that besides attracting big ticket investments in the upcountry areas in the state, steps are being taken to boost the small-scale industries. “We will set up MSME facilitation centres in
Bhubaneswar, Jan 30 Odisha has set up an ultra-modern, veterinary diagnostic laboratory that would help the state to diagnose infectious emerging diseases like bird flu at home, an official said Friday. The bio-safety level-2 laboratory has been established at an
Hyderabad, Jan 30 Any investor coming to Telangana will get permission to start the industry within 15 days and if the government fails to meet this deadline, the permission will be deemed granted, Chief Minister K. Chandrasekhar Rao announced. He
New Delhi, Jan 30 India and the Philippines discussed ways to promote two-way exchange in tourism sector. During a meeting here between union Tourism Minister Mahesh Sharma and Philippines Minister Ramon R. Jimenez, both the sides discussed issues ranging from
New Delhi, Jan 30 Prime Minister Narendra Modi Friday paid tribute to Mahatma Gandhi on his 67th death anniversary. “My tributes to Pujya (respected) Bapu,” he tweeted. Gandhi was assassinated by Nathuram Godse in 1948 at Birla House. The building,
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