SBI & Airtel form joint venture

New Delhi, January 12 (Agencies): India’s largest public sector bank State Bank of India (SBI) Wednesday entered into a joint venture with telecom giant Bharti Airtel to deliver banking services to those sections which do not have them yet. ‘We look forward to taking the benefits of banking to the Indian masses and building a […]

GM to launch 6 new cars in 2 yrs

Ahmedabad, January 12 (PTI): General Motors India today said it will launch six new cars in India in the next two years, while also stating that it will invest $ 100 million (about Rs. 450 crore) to increase production capacity at its Halol plant in Gujarat. The company, which plans to launch three light commercial […]

‘Tuk Tuk meter’ app to calculate auto fares launched

Kochi, January 12 (PTI): Kerala-based based MindHelix Technologies, today launched ‘Tuk Tuk meter’, claimed to be India’s first GPS based multi-platform Auto fare calculator that runs through smart phones. The application can be started on getting into the autorickshaw and the meter in the phone will run alongside the meter in the rickshaw. It can […]

Ratan Tata slams goverment’s stand on leakage of Radia tapes

New Delhi, January 11 (PTI): Tata group chairman Ratan Tatahas criticised in the Supreme Court the government’’s”lackadaisical attitude” on the leakage of his tappedtelephonic conversations with corporate lobbyist Niira Radia,alleging it has remained least bothered about the violation ofan individual’’s privacy in the entire episode.He voiced the criticism in an affidavit filed in thecourt in […]

PM-led meeting on price rise ends inconclusively

PM Manmohan Singh during a high level meeting on food inflation in New Delhi on Tuesday.   NEW Delhi, January 11 (Agencies): A high level meeting convened by Prime Minister Manmohan Singh to discuss ways to tackle food inflation, particularly the zooming prices of onion, essential vegetables and milk, remained “inconclusive’’, according to official sources. […]

Indians growing richer and less healthy: Study

NEW Delhi, January 11 (AFP): Indians are growing richer, but they are also adopting unhealthy lifestyles that could take years off their lives and threaten economic growth, a major study said Tuesday. In a wide-ranging review of India’s under-resourced health system published in the British magazine The Lancet, studies by a clutch of top doctors […]

Indian-American charged in US’ biggest insider trading case

Washington, January 11 (PTI): An Indian-American is among four persons charged by US authorities as part of a wide-ranging investigation involving the multi-billion-dollar Galleon Group hedge fund scam, the biggest insider trading case in the country. Sunil Bhalla, a senior executive with Polycom, along with three others was named in fresh charges filed by the […]

NABARD ties up with Reuters for providing market information to farmers

Madurai, January 11 (Agencies): The National Bank for Agriculture and Rural Development (NABARD) has entered into a tie-up with the international news agency Thompson Reuters’ Indian subsidiary to provide market information to farmers. The one year programme is being introduced in Tamil Nadu from January as a pilot project by NABARD with Reuters Market Light […]

Barack Obama says nation is grieving

Washington, DC, January 11 (PTI): US President Barack Obama has said that the nation is grieving and in shock after the Saturday’s shootout incident that critically injured Democrat Congresswoman Gabrielle Gifford, besides killing six others including a nine-year-old girl and a federal district judge. "All of us are still grieving and in shock from the […]

Too soon to share Samjhauta details with Pak: India

New Delhi, January 11 (agencies): Days after Pakistan sought an update on the probe into the Samjhauta Express bombing, the government today ruled out sharing information at this stage saying it was “too premature”. Ministry of Home Affairs has informed the Ministry of External Affairs to convey to Islamabad that the National Investigation Agency (NIA) […]

Jagan stages show of strength, taunts Cong

Former Congress party lawmaker Y.S. Jagan Mohan Reddy sits in the backdrop of a portrait of his father YSR Reddy during a day-long fast to protest against alleged injustice to farmers from Andhra Pradesh state, in New Delhi, January 11.  (AP Photo)   NEW Delhi, January 11 (PTI): Former MP Y S Jaganmohan Reddy, who […]