SC to hear black money case Feb 19

The Supreme Court Friday said it would hear Feb 19 a plea by counsel Ram Jethmalani seeking enforcement of the court’s July 4, 2011, order that had directed the setting up of a special investigating team headed by two former judges to monitor a probe into stashing away of black money in tax havens. A […]

Delhi’s AAP government faces flak over minister’s vigilantism

The three-week-old AAP government in Delhi faced all-round criticism after its law minister mounted a vigilante-style raid on African residents here, alleging that they were running a “sex and drug ring”. The minister’s post-midnight raid was widely condemned and could cast a shadow on India’s diplomatic and economic ties with Africa. The incident also triggered […]

UPA rule has harmed ICT industry: Modi

BJP’s prime ministerial candidate Narendra Modi Friday took a dig at the Congress-led government, saying the 2G scam affected the growth of the information and communication technology (ICT) industry in the country. “The speed at which India was progressing in the ICT field was badly hurt by this incident. It is a challenge to recover […]

18 killed in Mumbai stampede

At least 18 people were killed in a stampede that broke out early Saturday near the Malabar Hill residence of Dawoodi Bohra spiritual leader Syedna Mohammed Burhanuddin, who died Friday morning, officials said. According to police and BMC Disaster Control officials, the stampede took place around 1.30 a.m. as thousands of community mourners converged near […]

AAP to contest all 40 Lok Sabha seats in Bihar

The Aam Aadmi Party (AAP) will contest all the 40 Lok Sabha seats in Bihar, party convenor Somnath Tripathy said. “AAP has decided to contest all the parliamentary seats in Bihar in view of the tremendous response from the people and the overwhelming support to the party,” Tripathy told the media here. He said the […]

Haryana cuts power tariff

With assembly elections due this year, Haryana announced Thursday that it was slashing the electricity rates for domestic and agriculture consumers. The new rates would come into effect this month. Chief Minister Bhupinder Singh Hooda said domestic consumers would pay the same tariff they paid before April 2013 when the rates were hiked. Agriculture consumers […]

Narendra Modi to hold meeting with ICT top bosses Friday

Bharatiya Janata Party’s prime ministerial candidate Narendra Modi is all set to hold a closed door meeting with the top 25-30 executives of information technology and telecom companies here Friday during which they will deliberate on the challenges facing the industry. The list of prominent participants in the meeting include Google, IBM, Nokia, Airtel, Vodafone, […]

TCS net jumps 50 percent; beats estimates

Beating street expectations again, Indian IT bellwether Tata Consultancy Services Ltd (TCS) reported net profit of Rs.5,314 crore for third quarter (October-December) of this fiscal (2013-14), a whopping 50 percent increase year-on-year (YoY) and 13 percent sequentially, as per the Indian accounting standard. In a statement after the markets closed for the day, the global […]

Power from gas at $8.4 a unit won’t find buyers: Scindia

Producing power from gas at the higher approved price is possible but there will be no buyers for that electricity, Power Minister Jyotiraditya Scindia said Thursday. “Producing power beyond $8.4 per mmbtu (million metric British thermal unit) is possible but it will never get sold. So you are producing a product the market won’t buy,” […]