ECONOMY & NATION


Moneylife Digital Team 19 April 2016
Several financially distressed, small pharma companies can become easy prey to the underworld controlled drugs business. The recent seizure of drugs worth Rs2,000 crore from a loss-making Avon's plant may be just tip of an iceberg    The recent case of seizing a whopping 18.5 tonnes...

Read More



Abhishek Waghmare (IANS) 19 April 2016
India’s biggest reform to transform the life of a crisis-ridden farmer is 91.6 percent behind schedule this year, prompting Prime Minister Narendra Modi to promise in five months what could not be done over the last 10.   As many as 250 agricultural markets nationwide (of 585...

Read More



Moneylife Digital Team 19 April 2016
Currently, Advocate Saraogi is representing Rahul Raj in the Pratyusha Banerjee suicide case, and in 2011 addressed the press as counsel for SpeakAsia online survey company accused of duping lakhs of people for about Rs2,276 crore    Senior advocate Ashok Saraogi, who once represented...

Read More



New Delhi : India has emerged as a key market for some of the global Net companies even though it is yet to make the cut to the top league in terms of revenue contributions, says a study by Morgan Stanley.   The top investment banker reached the conclusion based on app downloads in...

Read More



Sujit Chakraborty (IANS) 19 April 2016
Agartala : As his family was at its wits end to obtain 50-year-old Ranjan Saha's death certificate, the banana seller startled one and all by returning home 16 years after he had been abducted by armed militants who held him captive at their hideout in Bangladesh. He was let off for "good...

Read More



The parliamentarian and his supporters are accused of beating up Bhimjibhai Dabhi, a medical officer at the Amreli civil hospital, for allegedly refusing to attend to the injured son of district BJP women's chief Madhuben Joshi   The Gujarat High Court on Monday rejected Amreli BJP...

Read More



The department of telecom had raised doubts over the computation of the reserve price for 700 Mhz band, noting that in a few circles, it is priced lower than 900 MHz   India's telecom watchdog, TRAI has maintained its recommendations on 700 MHz spectrum pricing for the upcoming...

Read More



The Maple Group has invited applications from the general public offering 10,000 cheap flats to those eligible under PMAY and for Rs750,000 to those who are out of its purview   The Pradhan Mantri Awas Yojana (PMAY) and the Maharashtra government on Monday ordered a probe into a cheap...

Read More



Mumbai : A special court here on Monday issued a non-bailable arrest warrant against liquor baron Vijay Mallya, official sources said.   On April 15, the Enforcement Directorate had moved the special court handling cases under the Prevention of Money Laundering Act, seeking the...

Read More



Quaid Najmi (IANS) 18 April 2016
Mumbai : Maharashtra's ruling allies, the Bharatiya Janata Party and the Shiv Sena, have evolved a new strategy to win the hearts of the agitated people of the state's drought-hit regions - by arranging mass-marriages of young couples.   Though both parties are tied in an uneasy...

Read More



Mumbai : A global consortium with Reliance Jio as a key member on Monday announced the launch of a 8,100-km, 100 GBPS fibre optic communications cable system, inking East Asia and West Asia, with a landing at Chennai. It can also connect with other systems for a global...

Read More



New Delhi : India's annual wholesale inflation inched up to (-)0.85 percent for March, from (-)0.91 percent in February, official data showed on Monday.   The annual inflation rate, based on the official wholesale price index (WPI) data released by the Ministry of Commerce and...

Read More



Devanik Saha (IANS) 18 April 2016
Delays in completing railway projects resulted in cost overruns of Rs.1.07 lakh crore ($16.4 billion) - equivalent to the yearly salary bill of its three million employees - according to an IndiaSpend analysis of a December 2015 audit report.   As of March 2014, the railways needed...

Read More



New York : US electronic giant Apple has said the iPhones have a life expectancy of three years and so does the Apple watch while AppleTV devices expire in four years.   In a recent update to its environmental policy, Apple addressed the question of how long an Apple device is...

Read More



New Delhi : Industry body Assocham on Sunday said that the slowdown in steel, textiles, aluminium and others coupled by ongoing Asset Quality Review (AQR) is likely to push banks' stressed assets to Rs.10 lakh crore mark in the fourth quarter of 2015-16.   "At the end of December...

Read More



New Delhi : Industry body Assocham on Sunday said that the slowdown in steel, textiles, aluminium and others coupled by ongoing Asset Quality Review (AQR) is likely to push banks' stressed assets to Rs.10 lakh crore mark in the fourth quarter of 2015-16.   "At the end of December...

Read More



New York/Mumbai: India's top IT company Tata Consultancy Services has been slapped with a $940-million fine, including punitive damages of $700 million, by the US Federal Court in the State of Wisconsin for allegedly stealing software information.   Besides the punitive damages, the...

Read More



Mumbai : Economic crimes continue to remain a serious concern in India, with more than one out of every four organisations getting impacted by it, even as 61 percent of them are committed by employees themselves, says a PricewaterhouseCoopers (PwC) study.   Giving an India perspective...

Read More



Bengaluru : App-based taxi service provider Ola on Friday termed "false" and "malicious" a media report claiming that certain of their investors are planning to sell their stake to rival Uber, and   "ANI Technologies Private Limited, promoters of Ola, categorically denies the contents...

Read More



Vatsal Srivastava (IANS) 15 April 2016
For a government that has been voted by a historic majority on the single promise of "ache din" and "vikas", today's agrarian reality can turn into its most potent cause of demise. The agricultural growth rate is creeping towards negative territory from a dismal 0.2 percent seen in 2014-2015....

Read More

Free Helpline
Legal Credit
Feedback