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Archive for May, 2018

Petrol price cut by 7 paise, diesel by 5 paise

Thursday, May 31, 2018 1:28

Petrol price was on Thursday cut by 7 paise a litre and diesel by 5 paise - the second reduction in as many days on the back of softening international oil rates. Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification ...

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Air Asia: CBI red flags a dubious Rs 12 cr contract

Thursday, May 31, 2018 1:28

NEW DELHI: At the heart of the Central Bureau of Investigation's (CBI) case against AirAsia India are two contracts with agents allegedly promising waiver of the 5/20 rule, tax reductions in aviation fuel, favourable commercial slots and media management, besides lobbying with key government officials.One also had a “success fee” ...

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Warburg Pincus makes $1 billion BPO bet with 3 Genpact veterans

Thursday, May 31, 2018 1:17

NEW DELHI|MUMBAI: After off road industrial tyres, oil and gas, financial services, logistics and data centres, Warburg Pincus is turning towards business process management (BPM) to create a brand new global platform.Backing industry veterans, former Genpact executives Mohit Thukral, Gaurav Sethi and Harpeet Duggal, the marquee growth equity investors have ...

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No bidders for Air India yet as deadline ends today

Thursday, May 31, 2018 0:24

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LS bypoll results live updates: Counting today

Wednesday, May 30, 2018 23:52

Stay tuned for all the latest developments on bypoll results for four Lok Sabha seats, including Kairana in Uttar Pradesh, and 10 assembly constituencies.

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Congress-JD(S) power-sharing deal likely soon

Wednesday, May 30, 2018 22:51

Amid mounting criticism, Congress defended the delay in finalising the power-sharing deal with Janata Dal (S) for Karnataka by saying that tying the loose ends takes time when an alliance government is being prepared for full term of five years.

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TN govt’s Sterlite closure order on shaky ground

Wednesday, May 30, 2018 22:09

The Tamil Nadu government has been punching the air since ordering the “permanent closure” of Sterlite Copper smelter in Tuticorin on Monday, but legal experts say the grounds of the order are so weak that the company could challenge it.

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India, Indonesia join hands to counter China

Wednesday, May 30, 2018 21:04

India and Indonesia will develop a naval port in Sabang, a strategic location on the tip of Sumatra island and at the entrance of the vital Malacca Straits. The move, which comes at a time when China is expanding its maritime footprint in the region, was the most significant ...

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PM refused to sign MoU with UK on illegal Indians

Wednesday, May 30, 2018 20:20

Prime Minister Narendra Modi refused to sign a memorandum of understanding (MoU) with Britain agreeing to facilitate the return of thousands of illegal Indian immigrants because the UK is not offering Indians easier access to its visas, it has been revealed.

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ED finds 2 more London a/cs of Karti, asks I-T to file fresh case

Wednesday, May 30, 2018 20:02

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