Akhilesh Das offered Rs 100 crore for Rajya Sabha ticket: Mayawati
LUCKNOW: BSP chief Mayawati on Wednesday alleged former Union minister Akhilesh Das, who quit the party a day earlier, had offered her Rs 100 crore for renominating him to the Rajya Sabha. Das’s term in the Upper House ends on November 25. Addressing the media at the party headquarters in... read more »
Frustrated Airtel snaps Loop deal
NEW DELHI: Disappointed at the lack of clearance to its bid to acquire the assets of Mumbai-based telecom operator Loop Telecom, Bharti Airtel pulled out of the deal, just weeks before the ailing company’s licence ends. The development comes as a dampener for the highly fragmented Indian... read more »
Finance minister signals lower rate, cheaper funds
NEW DELHI: Finance minister Arun Jaitley on Wednesday told industry captains that he expects the cost of capital to come down, a statement which CEOs read as a signal to a rate cut in the coming months. The issue of high cost of capital, mounting bad debt in public sector banks and infrastructure... read more »
Air Astana signs code-share agreement with Air India
NEW DELHI: Kazakhstan’s largest airline Air Astana has signed a free flow code-share agreement with state-run airline and Star Alliance member Air India. “As a state-run airline and Star Alliance member carrier, Air India feels honoured to enter into this code-share agreement with Air... read more »
Mahindra can be a big player in scooter market, but Peugeot deal may not help
Mahindra & Mahindra gave its two wheeler division a shot in the arm with the decision to acquire 51 percent stake in Peugeot Motocycles, but given it has been struggling to make major... read more »
Islamic militants seize Catholic priest in Syria
A long-serving Franciscan priest and 20 other Christians have been seized by militants from from the al-Qaeda affiliate the al-Nusra Front in a village in northwestern Syria. Father Hanna... read more »
Federal court overturns ban on same-sex marriages in five more US states
A federal court has struck down gay marriage bans in several western US states, effectively raising the number of states in which same-sex couples can marry from 19 to 35 over just two... read more »
Iran arrests 130 linked to extremist Sunni groups
TEHRAN – Iran has arrested over 130 members of Sunni Takfiri groups across the country, who intended to pose threats against the Islamic republic, Iran’s intelligence minister... read more »
New worries emerge as nurse in Spain gets Ebola
Washington: Raising fresh concern around the world, a nurse in Spain on Monday became the first person known to catch Ebola outside the outbreak zone in West Africa. In the US, President Barack Obama... read more »
