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Govt agrees to set up panel to look into issues — AAI workers hold talks with PM; decision likely today
THE agitation by employees of Airports Authority of India (AAI) continued on Thursday with signs of a possible breakthrough on Saturday. After a meeting with the Prime Minister, Dr Manmohan Singh, the representatives of the AAI workers decided to ...
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SC refuses to quash criminal proceedings against Lodha
THE Supreme Court on Friday refused to quash the criminal proceedings pending before a Kolkata court against Mr R.S. Lodha and three others for allegedly forging the will of the late Priyamvada Birla. While allowing the trial to go on, the court ...
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SC verdict: Birlas seek Lodha's resignation from group posts
THE legal team of the Birlas on Friday sought the resignation of Mr Rajendra Singh Lodha from the post of Chairman of Birla Corporation Ltd and other organisations of the MP Birla Group. Addressing a press conference, Mr N.G. Khaitan of the ...
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STCI plans to offer Govt paper to retail investors through UTI Securities
SECURITIES Trading Corporation of India Ltd (STCI) plans to take Government securities to retail investors using the distribution network of UTI Securities, which it acquired recently. UTI Securities, a broking and investment company, has 20 ...
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To prevent talent poaching — ONGC seeks more autonomy on fixing pay
CONCERNED at increased instances of talent poaching, oil giant Oil and Natural Gas Corporation (ONGC) has pressed for greater autonomy in deciding employees' remuneration. The company has approached the Department of Public Enterprises (DPE) ...
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FMC gets tough with NCDEX on norms violation — Seeks action against official responsible for settlement price change of urad, chana
THE Forward Markets Commission (FMC) has directed National Commodity & Derivatives Exchange Ltd (NCDEX) to relieve a top official from his duties immediately for recent violation of FMC norms. FMC has taken this action following its inquiry ...
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FMCG funds steal the show
BOUNDARIES are being reworked among equity schemes with banking sector funds dropping to the bottom of the pile and FMCG funds maintaining their lead. As the latest one-year performance figures indicate, funds dedicated to banking stocks ...
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Satyam wins $150-m pie of GM order
SATYAM Computer Services Ltd has bagged a $150-million (Rs 650 crore) five-year deal from General Motors through a partnership with Tier-I vendors Hewlett Packard and Capgemini, according to Mr Subu D. Subramanian, Director and Senior ...
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Tariffs are low, yet STD minutes are less
DESPITE steep reduction in tariffs of mobile long distance calls, there has been no substantial increase in the minutes of usage. According to the data compiled by the Telecom Regulatory Authority of India, the share of STD calls as a ...
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KamaSutra's impact marginal
THE BlackWorm or KamaSutra worm, that was programmed to overwrite files on infected Windows PCs today, appears to have caused marginal impact. Most of the users and businesses seem to have taken measures to disinfect their systems, said top IT ...
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Warm weather anomaly may recede in a few days
THE dry and anomalously warm weather prevailing in large parts of the country persisted on Friday with extreme south peninsular India, where isolated rains are indicated, proving the sole exception. Most parts continue to witness appreciably ...
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