Congress launched direct cash transfer scheme with political motive
New Delhi: The UPA government launched the direct cash benefit transfer scheme with political motives and without preparation, Petroleum Minister Dharmendra Pradhan said in the Rajya Sabha Wednesday, causing an uproar in the house. Pradhan was replying to a question on transfer of direct cash... read more »
GVK Power & Infra net loss Rs.281 crore
Diversified infrastructure projects company GVK Power & Infrastructure Ltd. closed the first quarter of 2014-15 with a net loss of about Rs.281 crore, up by around Rs.250 crore over corresponding period last year. In a filing with the Bombay Stock Exchange (BSE), the company said it had... read more »
NDA govt will not entertain FDI in multi-brand retail : Nirmala Sitharaman
Clearing government stand on FDI in multi-brand retailing, Commerce and Industry Minister Nirmala Sitharaman today said the NDA government will not “entertain” foreign direct investment (FDI) in multi-brand retail. She said during Question Hour in Rajya Sabha that BJP got a massive... read more »
AirAsia India lowers fares, offers 20% discount
MUMBAI: AirAsia India, the latest entrant in domestic air space, has lowered its fares by 20 per cent for a limited period on all its flights. The discounted ticket scheme was launched on Tuesday for a six-day period (till August 17) and offers customers 20 per cent discount on tickets across... read more »
Sri Lanka contain Proteas after de Kock´s 50
De Kock, playing his second Test after making his debut in February, hit six fours in his promising 90-ball innings after South Africa resumed at their overnight score of 268-5.Left-hander... read more »
England drop in Fifa world rankings to 20th
The drop of 10 places following a poor World Cup means they are behind Bosnia-Hercegovina, Costa Rica and the USA. Spain have gone from top to eighth, with Germany leading the rankings for... read more »
High gold imports poop exports party biz
The yellow metal is back to haunt the economy with gold imports in June jumping 65.13 per cent to $ 3.12 billion from $1.88 billion in the same month last year, which in turn pushed the... read more »
Tata fund buys stake in Shriram Properties for 468 crore
MUMBAI – Tata Opportunities Fund, the private equity fund of Tata Capital Ltd, has picked up Shriram Group’s stake in Shriram Properties for 468 crore. M Murali, Managing Director... read more »
Satyam fraud: Sebi penalty on Rajus is Rs 3,000 cr and counting b...
On 7 January 2009, B Ramalinga Raju told the stock exchanges and market regulator Sebi that he had overstated cash and bank balances by Rs 5,040 crore as on 30 September 2008, shown non-existent... read more »
