The unearthing of a major bribery scandal by CBI on Wednesday involving officials of some top PSU banks and finance firms rattled the bourses with key benchmark indices the BSE Sensex and S&P CNX Nifty plunging to two-and-a-half-month lows during the week. The market fell for the third straight week after hitting record closing high […]
Oil Minister Murli Deora on Friday said the government would offer Rs 1,400 subsidy per LPG connection to BPL families in rural areas as part of its effort to increase the reach of cooking fuel among the poor. “The proposed subsidy will be available to the new connections being offered under the Rajiv Gandhi Rural LPG Distribution […]
After rejecting MNC Vedanta’s plan to mine bauxite and holding up South Korean firm Posco’s steel plant in Orissa, Environment Ministry has now put a break on two other high-profile projects of Jindal Steel Plant and Lavasa, a unit of Hindustan Construction Ltd. Maintaining that development cannot take place at the cost of environment, Environment […]
The housing finance racket continued to rattle investor confidence, pulling down the BSE benchmark Sensex on Friday by another 182 points in a volatile trade. The Bombay Stock Exchange benchmark, which broke the 19,000 level in the intraday fall of over 360 points, recovered partially to end with a loss of 181.55 to 19,136.61. In […]
LIC Chairman T S Vijayan ON Friday said that V K Sharma will take over as the CEO of its housing finance arm early next week. Sharma has been chosen to replace LIC Housing Finance CEO Ramachandran Nair, who was arrested by the CBI on charges of involvement in housing-loan bribery case on Wednesday. “V […]
Entrepreneurs seeking to set up industries in the national capital will now be able to apply online for environmental clearance by Delhi Government. Chief Minister Sheila Dikshit launched an online system for environmental approval by Delhi Pollution Control Committee (DPCC). Environment department officials said DPCC has become the first such state pollution control agency to […]
Mumbai: Rediff.com India Limited (NasdaqGM: REDF) today announces the results of its Extra-ordinary General Meeting (EGM) of its shareholders held on November 26, 2010. At the EGM, Rediff’s shareholders unanimously approved all 3 resolutions presented for vote, including the resolution relating to the acquisition of Vubites. The acquisition is expected to be completed before December […]
Mumbai: The full line-up of the judging panel for the 2010 India Excellence in Chemicals, Materials and Food Awards has been announced. The jury comprises eminent business leaders who have personified excellence and commitment in their respective fields. It will preside over the selection process that will bring to light award recipients of the 2010 […]
The Indian rupee failed to maintain on Thursday’s gain against the dollar and slipped 19 paise to 45.71 per dollar in the early trade, on month-end dollar demand from importers amidst sharp fall in equity markets. In active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit had opened lower at 45.61/63 per […]
Erasing early gains, the Bombay Stock Exchange benchmark Sensex fell by over 286 points on heavy selling by funds nervous about lending violations by some public sector banks in the housing-finance scam. The Sensex, which had gained 97.08 points at the outset, rolled down by 286.66 points to 19,031.50 points in the first 90 minutes […]
2. Sip, Savor, Repeat: Monkey Bar’s Summer Cocktails
3. Santa Sarmah Takes Over the Kitchens at b Café at Shangri-La Bengaluru for an Exclusive Pop-up
4. Aishwarya Rai Bachchan steals the spotlight at Cannes 2024; flaunts her glam look with L’Oréal Paris
1. Sip, Savor, Repeat: Monkey Bar’s Summer Cocktails
2. Santa Sarmah Takes Over the Kitchens at b Café at Shangri-La Bengaluru for an Exclusive Pop-up
3. Aishwarya Rai Bachchan steals the spotlight at Cannes 2024; flaunts her glam look with L’Oréal Paris
4. Hala announces first-ever car fragrance partnership with Apparel Group’s Rituals Cosmetics in Dubai