Delhi court gives life term to 5 JeM terrorists

New Delhi, January 6 (PTI): Terming five Jaish-e-Mohammed (JeM) terrorists “merchants of death and destruction”, a Delhi court on Thursday sentenced them to life imprisonment for indulging in terrorist activities and waging war against the country. While sentencing convicts Noor Mohammad Tantre, Pervaiz Ahmed Mir, Faroz Ahmed Bhat and brothers Atiq-uz-Zama and Raees-uz-Zama, arrested by […]

Banks to allow single ATM transaction for 1 PIN entry

NEW Delhi, January 5 (PTI): Next time you go to a bank ATM, be ready to re-enter your PIN afresh for every transaction you wish to conduct, such as money withdrawal, balance enquiry and checking account details. In order to check misuse of ATM cards by unauthorised people, RBI has asked banks to allow only […]

Senior executives not involved in Rs 300 crore fraud: Citibank

A bird flies past a branch of the Citibank in New Delhi, India, Wednesday, Jan. 5, 2011. Four Citigroup Inc. executives named in a fraud investigation, including CEO Vikram Pandit, are unlikely to be questioned about the alleged swindling of Indian investors because their involvement appears remote, police said Wednesday. Police arrested Citi India manager […]

Taiwan firm mulls introducing India’s Nano

Taipei, January 5 (Agencies):  A Taiwanese firm plans to start importing the Indian-made Nano, the world’s cheapest car, targeting the island’s millions of motorcyclists as potential buyers, a company official said on Wednesday. “We’re working on it,” said an official at TECO Electric and Machinery Co , a Taipei-based conglomerate with businesses ranging from home […]

Microsoft may launch Windows TV

New Delhi, January 4 (TOI): It seems Microsoft is all set to join back the interactive TV game (despite its not-so-successful history with the technology) being led by Apple, Google and others.According to reports, the company is going to unveil an operating system for connected TVs and set-top boxes at the upcoming Consumer Electronics Show […]

Onion prices still high in metros

New Delhi, January 4 (PTI): Retail prices of onions continued to rule at the high level of ` 45-60/kg in metros, but are likely to decline after the arrival of fresh crops from Maharashtra and Gujarat, which are expected to hit the market by January 15.In Delhi, onions are being sold at ` 50-60/kg, but […]

Glasses-free 3D TV set to debut at CES

London, January 4 (The Telegraph): Toshiba is one of several electronics companies that will show off a 3D television set that doesn’t require glasses at this year’s Consumer Electronics Show (CES) in Las Vegas.The electronics giant will give its first mainstream demonstration outside Japan of the Regza GL1 set at CES, which begins this week, […]

Gold regains 21,000 mark; silver slips from record level

New Delhi, January 4 (PTI): Gold regained its crucial ` 21,000 per ten grams level in the bullion market today, on emergence of buying by retail customers for the current marriage season, while silver fell from the record level. Gold gained by ` 20 to trade at ` 21,000 per ten grams, a level last […]

Nano now available in 874 outlets pan-India

Mumbai, January 3 (PTI): Close on heels of Tata Motors’ announcing a special financing scheme for its small car Nano to perk up sales, the company today announced that the car will now be available all over India in its 874 outlets. Till now, Nano was available only in 12 states of the country. “Customers, […]

Citibank fraud: Hero Honda employee held

GURGAON, January 3 (Agencies): Sanjay Gupta, AVP of Hero Corporate Services, has been arrested in connection with the Citibank fraud case. Sources say that he will be produced in a Gurgaon court at 2 pm. Sanjay Gupta’s involvement not just as an investor but also as an accomplice is being questioned. It is believed that […]

Govt’s difficult decision on diesel prices

New Delhi, January 3 (Reuters): The government has deferred a decision on raising diesel and cooking oil prices to compensate state-owned oil marketing firms for revenue losses on selling these products below market prices. The government may have got cold feet on the sensitive political decision after a spurt in food inflation. But crude prices […]