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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News
Rupee unchanged at 61.46
Friday - Oct 25, 2013, 06:44pm

The rupee ended unchanged against the dollar for the second time this month, holding steady at 61.46 today amid caution before next week’s Reserve Bank of India (RBI) meeting and a weakening US currency overseas.


Japanese fashion brand expands its reach in Asia
Tuesday - Dec 17, 2013, 04:27pm
Japan’s fashion brands are now expanding their market base, especially in the Asian continent.
Parikh recommends Rs 5/litre hike in diesel prices,Rs 250 per cylinder hike in LPG
Wednesday - Oct 30, 2013, 04:51pm
New Delhi – Diesel prices should be immediately hiked by Rs 5 per litre, the Kirit Parikh Committee has recommended while favouring reduction of the quota of subsidised LPG to 6 cylinders per household in a year from 9 at present. The panel has recommended Rs 4 per litre increase in kerosene and Rs 250 per cylinder hike in LPG rates, Parikh told reporters after presenting the report to Oil Minister Veerappa Moily. The panel also recommended fixed subsidy of Rs 6 per litre on diesel while favouring deregulation of diesel price in a year’s time. The expert group was tasked to suggest a methodology for pricing of diesel and... more »The post Parikh recommends Rs 5/litre hike in diesel prices,Rs 250 per cylinder hike in LPG appeared first on IndiaVision News and Information.
Israel releases 26 Palestinian prisoners
Wednesday - Oct 30, 2013, 04:40pm
Israel has freed the second of four batches of 26 Palestinian prisoners, as part of a deal for the resumption of so-called peace talks with the Palestinian Authority (PA). Sivan Weizman, a spokeswoman for Israel’s prison service, said 21 prisoners were released to the occupied West Bank and five to the besieged Gaza Strip early on Wednesday. Some 104 Palestinian inmates are likely to be freed over the coming months. In the occupied Palestinian territories, people celebrated as the prisoners were released. Last Week, Israeli Prime Minister Benjamin Netanyahu agreed to free 26 Palestinian prisoners. “The release of 26 prisoners has been validated this evening,” said a statement from Netanyahu’s... more »The post Israel releases 26 Palestinian prisoners appeared first on IndiaVision News and Information.
Deadly storm hits Russia
Wednesday - Oct 30, 2013, 04:29pm
The St. Jude storm that had passed through and caused chaos in Northern Europe has now reached Russia. Tuesday, St. Jude caused a blackout in hundreds of settlements in the North-West of the country and led to the rising water levels in the Neva, as well as rough waters in the Gulf of Finland and Ladoga Lake. The storm took thirteen lives and caused wide scale destruction in the UK, Germany, France and the Netherlands. In the UK, the storm wind took out transmission facilities; more than half a million homes were left without power; highways were blocked by uprooted trees and rivers that poured over their banks. Rail transport... more »The post Deadly storm hits Russia appeared first on IndiaVision News and Information.
SC refuses to pass order allowing Subrata Roy to go abroad
Wednesday - Oct 30, 2013, 04:11pm
The Supreme Court on Wednesday refused to pass any interim order for allowing Sahara chief Subrata Roy to go abroad before his group files a review petition seeking to modify the court’s earlier order restraining him from leaving. A bench of justices K.S. Radhakrishnan and A.K. Sikri, before which the matter was mentioned by Sahara’s counsel, said it cannot pass any order until an application is filed and asked the group to file review plea if it wants modification in the earlier order. Senior advocate C.A. Sundaram, appearing for the Group, submitted that he is not seeking review of the order but only pointing out the difference in the decision... more »The post SC refuses to pass order allowing Subrata Roy to go abroad appeared first on IndiaVision News and Information.
Saudi Arabia urged to free journalist
Wednesday - Oct 30, 2013, 04:05pm
Beirut – Saudi authorities should immediately release a male journalist who expressed support for an end to the ban on women driving in Saudi Arabia, Human Rights Watch said Wednesday. Officials should also stop harassing and trying to intimidate activists and women who defied the ban. Local activists reported that more than 50 women defying the ban drove Oct 26, according to messages they received from the women and videos women uploaded to YouTube showing themselves driving. “Saudi authorities are retaliating against people who want a very basic right for women, the right to get behind the wheel and drive themselves where they want to go,” said Joe Stork of... more »The post Saudi Arabia urged to free journalist appeared first on IndiaVision News and Information.
Govt hikes tariff value on imported gold
Wednesday - Oct 30, 2013, 03:16pm
New Delhi – Amid short supply of gold in domestic market during the festival season, the government on Wednesday hiked the import tariff value of gold to USD 442 per ten gram in line with global prices of the precious metal. The tariff value, the base price at which the customs duty is determined to prevent under-invoicing, stood at USD 418 per 10 gram for gold during the last fortnight. The notification in this regard has been issued by the Central Board of Excise and Customs (CBEC), an official statement said. However, the import tariff value of silver has been kept unchanged at USD 699 per kg. Similarly, the tariff... more »The post Govt hikes tariff value on imported gold appeared first on IndiaVision News and Information.
2,227 killed in US drone strikes in Pakistan: Minister
Wednesday - Oct 30, 2013, 02:40pm
Islamabad – The Pakistani Senate was informed Wednesday that a total of 2,227 people have so far been killed in 317 US drone attacks in the country since 2008. Interior Minister Chaudhry Nisar Ali Khan informed the upper house of parliament that those killed include 2,160 militants and 67 civilians, Xinhua reported. The statement came a day after a victim’s family of Pakistan’s tribal area of North Waziristan addressed a joint US congressional briefing in Washington on the drone strikes and its effects on the people. The head of the family, Rafiqur Rehman, a school teacher whose mother was killed in a US strike this year, urged the US to... more »The post 2,227 killed in US drone strikes in Pakistan: Minister appeared first on IndiaVision News and Information.
Pistorius to face gun charges
Wednesday - Oct 30, 2013, 02:36pm
Pretoria – Two gun-related charges will be added to murder-accused paralympian Oscar Pistorius at his trial, South Africa’s prosecution department has said. The National Prosecution Authority said in Pretoria Tuesday that the additional charges are related to two incidents where Pistorius allegedly fired his gun in public, reported Xinhua. These are in contravention of the firearm controls act, according to the prosecution authority. Pistorius was charged with murdering his girlfriend Reeva Steenkamp at his Pretoria home Feb 14. Lawyers of Pistorius attempted to prevent the gun charges from being added to his chargesheet, arguing that the gun charges are out of the court’s jurisdiction. However, the bid was eventually rejected... more »The post Pistorius to face gun charges appeared first on IndiaVision News and Information.
Modi to meet Patna blast victims
Wednesday - Oct 30, 2013, 01:45pm
Patna – BJP’s prime ministerial candidate Narendra Modi will visit Bihar Saturday to meet the injured and families of those who were killed in serial blasts in and around his Sunday rally venue, party leaders said Wednesday. “Narendra Modi has accepted the request of the state BJP to visit Bihar to meet families of the blast victims, mostly party workers, and the injured, to express his concern for them, despite his busy programme,” said a Bharatiya Janata Party (BJP) leader close to former deputy chief minister Sushil Kumar Modi. According to him, Sushil Kumar Modi contacted Narendra Modi and requested him to visit Bihar for this. “Narendra Modi is expected... more »The post Modi to meet Patna blast victims appeared first on IndiaVision News and Information.
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