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  • Get trade fair tickets at Metro stations
    Posted Date : 12-Nov-2011 , 07:44:33 pm | Posted By CASANSAAR

     Tickets for India International Trade Fair's (IITF) business visitors will be available at 26 Metro stations in the capital from Monday while the general public can collect the tickets from all stations from Nov 19.The fair will be open for business visitors Nov 14-18 for which the ticket is p...

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  • Auditor admits to fudging accounts of Jagan's firms, YSR Congress alleges conspiracy
    Posted Date : 12-Nov-2011 , 08:45:01 am | Posted By CASANSAAR

      YSR Congress chief Jaganmohan Reddy faces fresh trouble with his auditor, associated with prominent auditing firm Deloitte, admitting cooking books for his firm.   With the Enforcement Directorate (ED) and the Central Bureau of Investigati...

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  • Govt to introduce Real Estate Regulatory Bill in parliament’s Winter Session
    Posted Date : 12-Nov-2011 , 08:24:16 am | Posted By CASANSAAR

    Government will introduce the Real Estate Regulatory Authority and Development Bill in the coming winter session of Parliament to protect the right of consumers and to encourage regulated growth of real estate sector. Talking to media persons in New Delhi today, Housing and Urban Poverty Alleviation...

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  • ICICI's Chanda Kochhar most powerful; Sun TV's Kavery Kalanithi highest paid woman in India: Fortune
    Posted Date : 09-Nov-2011 , 05:54:43 pm | Posted By CASANSAAR

    ICICI Bank chief executive Chanda Kochhar has been named as the most powerful woman in Indian business but when it comes to pay, Sun TV Network's joint MD Kavery Kalanithi is the highest earner with an annual salary of $ 13.09 million, according to Fortune magazine. With a pay packet of $ 13.66 ...

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  • Transaction charges paid to BSE are taxable: HC‎
    Posted Date : 07-Nov-2011 , 08:57:49 am | Posted By CASANSAAR

    Noting that the BSE not only provides physical infrastructure, but also renders managerial services to its members, the Bombay High Court has held that transaction charges paid to the bourse are taxable at the source.   "It is obvious that the stock exchange has to manage the entire trading a...

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  • Supreme Court grants bail to Satyam founder Raju, brother
    Posted Date : 04-Nov-2011 , 01:17:49 pm | Posted By CASANSAAR

    Close on the heels of granting bail to four former employees of Satyam, the Supreme Court today granted bail to Satyam founder B Ramalinga Raju and his brother B Rama Raju. Former Chief Financial Officer Srinivas Vadlamani has also been granted bail.Mr Raju and his brother B Rama Raju had earlier ap...

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  • Petrol prices hiked by Rs 1.80 a litre
    Posted Date : 03-Nov-2011 , 09:31:48 pm | Posted By CASANSAAR

    Oil companies today yet again hiked petrol prices by Rs 1.80 per litre to offset the fall in rupee that has made imports of crude costlier. After today's increase, petrol in Delhi will cost Rs 68.64 a litre. The rates will vary in other cities according to local levies. This is the se...

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  • TRAI extends limit to 200 sms per day
    Posted Date : 01-Nov-2011 , 07:38:46 pm | Posted By CASANSAAR

    Telecom Regulatory Authority of India, TRAI, has extended the 100 sms per day limit to 200 sms per day, per sim. Earlier, TRAI had restricted the number of commercial non-commercial sms that can be send from a sim, to 100. TRAI received representations from some of the service providers and con...

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  • Oil cos for another Rs 1.82/L hike in petrol prices
    Posted Date : 01-Nov-2011 , 07:36:47 pm | Posted By CASANSAAR

    State-owned oil companies are considering a Rs 1.82 per litre hike in petrol prices, as a fall in rupee has increased the cost of imports of the raw material (crude oil).     Indian Oil, Hindustan Petroleum and Bharat Petroleum last hiked petrol prices by Rs 3.14 a litre on Septe...

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  • Govt approves Public Procurement Policy
    Posted Date : 01-Nov-2011 , 03:14:02 pm | Posted By CASANSAAR

    The Cabinet today approved the public procurement policy to boost micro, small and medium enterprises. The policy aims at purchasing 20 percent of their products by Government agencies.Briefing reporters after the Cabinet meeting, the Information and Broadcasting Minister Mrs. Ambika Soni said that ...

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  • Delhi HC dismisses Airtel plea against TDSAT
    Posted Date : 28-Oct-2011 , 10:25:04 am | Posted By CASANSAAR

    The Delhi High Court has dismissed Bharti Airtel's plea against telecom tribunal TDSAT that asked it to first pay half of the  50 crore fine imposed on it by DoT before the hearing.The Department of Telecom (DoT) had imposed  50 crore fine on the country's largest telecom operato...

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  • Swan Telecom was just a mask for Reliance Telecom: court
    Posted Date : 23-Oct-2011 , 03:41:35 pm | Posted By CASANSAAR

    Anil Dhirubhai Ambani Group (ADAG)-led Reliance Telecom Ltd (RTL) was today put on trial in 2G spectrum allocation scam case by a Delhi court which said Shahid Balwa-promoted Swan Telecom Pvt Ltd (STPL) was "just a mask" for RTL. Special CBI Judge O P Saini dismissed the contention of RTL that S...

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  • Govt working to make pvt sector bribery criminal: PM
    Posted Date : 21-Oct-2011 , 05:28:11 pm | Posted By CASANSAAR

    Prime Minister Dr Manmohan Singh has said government is considering changes in law to make private sector bribery a criminal offence.Speaking at the Biennial Conference of CBI and state anti-corruption bureaux, the Prime Minister said India has ratified UN Conventions against corruption and to meet ...

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  • Govt to set up agency to take suo-motto action against mis-leading ads
    Posted Date : 21-Oct-2011 , 08:06:24 am | Posted By CASANSAAR

    An independent agency is being set up to take suo-motto action against mis-leading advertisements. Consumer Affairs Minister K V Thomas told AIR that the agency will have experts from various fields to check the exaggerated claims about their products and services in their advertisements.Mr. Thomas ...

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  • Centre asks Haryana govt to take steps to end Maruti strike
    Posted Date : 19-Oct-2011 , 07:05:15 pm | Posted By CASANSAAR

    The Centre on Wednesday asked the Haryana government to take steps to ensure that the strike at the Manesar plant of Maruti Suzuki India ends soon.Talking to reporters on the sidelines of a function in New Delhi, Union Labour Minister Mallikarjun Kharge, however, ruled out making a direct interventi...

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  • TDSAT asks Bharti Airtel deposit Rs 25 Cr penalty with DoT
    Posted Date : 19-Oct-2011 , 08:24:33 am | Posted By CASANSAAR

    Telecom tribunal TDSAT on Tuesday directed Bharti Airtel to pay 50 per cent of the Rs 50 crore penalty imposed by theTelecom Ministry in the matter of alleged violation of licence terms and conditions by the private operator for issuing bulk mobile connections.   Passing an interim ...

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  • No govt jobs for those with criminal record: SC
    Posted Date : 17-Oct-2011 , 08:17:25 am | Posted By CASANSAAR

    A person facing criminal cases cannot be considered suitable for appointment in government service unless acquitted of the charges, the Supreme Court has held. Quashing the appointment of constable SK Nazrul Islam, the apex court said, "Surely, the authorities entrusted with the responsibility of ap...

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  • Govt committed to make RTI more effective instrument: PM
    Posted Date : 15-Oct-2011 , 09:58:11 am | Posted By CASANSAAR

    he Prime Minister has asserted that the government is committed to making Right to Information more effective instrument for ensuring transparency and accountability in administration.Elaborating the need to strike a balance between request for information and limited time and resources available wi...

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  • Satyam Scam: SC grants bail to four former employees of Satyam Computers and a former auditor of PWC
    Posted Date : 13-Oct-2011 , 08:32:03 am | Posted By CASANSAAR

    The Supreme Court on Wednesday granted bail to four former employees of Satyam Computers and a former auditor of PriceWaterhouseCoopers (PWC) in multi-crore accounting fraud. "On the totality of the circumstances, we deem it appropriate to release them on bail on a personal bond of Rs 2 lakh an...

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  • DLF appeals to Competition Tribunal against CCI order
    Posted Date : 11-Oct-2011 , 08:28:55 am | Posted By CASANSAAR

    DLF Ltd, a leading real estate developer, has filed an appeal with the Competition Appellate Tribunal (Compat) against the August 16 order of the Competition Commission of India that imposed a fine of Rs 630 crore on the company for “abuse of dominant market position”. The tribunal regis...

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  • Govt to introduce regulatory mechanism for MFIs
    Posted Date : 10-Oct-2011 , 08:47:57 pm | Posted By CASANSAAR

    Government will soon introduce an effective mechanism to regulate Micro Finance Institutions, MFIs in the country. Rural Development Minister Jairam Ramesh said that the system will keep a check on MFIs and strictly regulate their functioning to address the problems of indebtness and multiple borrow...

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  • Ghazal maestro Jagjit Singh passes away
    Posted Date : 10-Oct-2011 , 10:53:52 am | Posted By CASANSAAR

    Renowned ghazal singer Jagjit Singh, 70, passed away at 8 am in Lilavati Hospital on Monday morning. He was admitted to the Lilavati Hospital on September 23 after he suffered brain haemorrhage in suburban Bandra where a life-saving surgery was performed on him. He is survived by...

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  • IRDA slaps Rs 5 lakh fine on HDFC Standard Life
    Posted Date : 06-Oct-2011 , 07:20:52 pm | Posted By CASANSAAR

    Insurance regulator IRDA on Wednesday imposed a penalty of Rs 5 lakh on HDFC Standard Life for delaying settlement of claim and has asked the insurer to streamline its processes. "Considering the nature of the violation, the Authority has come to the conclusion that it is just an...

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  • HC grants Everonn MD, co-accused bail
    Posted Date : 05-Oct-2011 , 04:37:19 pm | Posted By CASANSAAR

    Providing a breather to families of two of the accused in the Everonn graft case, the Madras high court on Tuesday granted bail to P Kishore, managing director, Everonn Education Limited and businessman Uttam Chand Bohra, charged with being a middleman. Passing orders, Justice K B K Vasuki included ...

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  • India debuts world's cheapest tablet computer at $35 tomorrow
    Posted Date : 04-Oct-2011 , 08:05:59 am | Posted By CASANSAAR

    The world's cheapest tablet computer, which will be unwrapped on Wednesday, will go on sale in India starting December, the maker of the device has said. Created for use by students, the tablet will first be made available to colleges at Rs 1,750 apiece ($35) although it costs Rs 3,000 to produc...

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  • Cabinet approves new Mines and Minerals Bill
    Posted Date : 30-Sep-2011 , 05:23:27 pm | Posted By CASANSAAR

    The Union Cabinet has approved the Mines and Mineral Development and Regulation (MMDR) Bill, 2011 aimed at curbing illegal mining and bringing more transparency in the allocation of licenses for mining.Briefing the News persons in New Delhi, Information and Broadcasting Minister Ms. Ambika Soni said...

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  • Chartered Accountant arrested in SpeakAsia scam
    Posted Date : 30-Sep-2011 , 08:03:26 am | Posted By CASANSAAR

    A chartered accountant was arrested in Mumbai on Thursday in connection with his alleged role in the Singapore-based online survey company SpeakAsia's multi-level marketing scam taking the total number of arrests in the case to six, police said.     "Acting on a tip off, the accu...

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  • No plan to do away restriction of 100 SMSes, says TRAI
    Posted Date : 26-Sep-2011 , 08:43:31 am | Posted By CASANSAAR

    Telecom Regulation Authority of India, TRAI on Sunday said that there is no plan to do away the restriction of100 SMSes per SIM per day for all subscribers, except on festivals. Top TRAI sources said that in order to curb the menace of pesky calls and messages this recommendation will be applic...

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  • Mobile tariff hike: TRAI seeks info from service providers
    Posted Date : 26-Sep-2011 , 08:37:10 am | Posted By CASANSAAR

    Telecom Regulatory Authority of India, TRAI has sought additional information from leading service providers, including Bharti airtel and Vodafone, on their recent decision to hike mobile tariffs by up to 20 per cent. Telecom service providers like Bharti airtel, Idea Cellular, Vodafone and Reliance...

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  • Market value of top 9 companies drops; RIL, ONGC lose most
    Posted Date : 25-Sep-2011 , 01:46:34 pm | Posted By CASANSAAR

    Amid turmoil in the stock market last week, the combined market capitalisation (m-cap) of nine of the country's top-10 firms declined by Rs 70,961.76 crore, with Reliance Industries bearing the maximum loss. M-cap of RIL, the most valued firm, dropped by Rs 18,565 crore to Rs 2,52,361 crore last ...

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