Friday, December 31, 2010

ULFA Chief Rajkhowa released from jail

ULFA Chief Rajkhowa released from jail

ULFA Chief Rajkhowa released from jail

Posted: 31 Dec 2010 07:17 PM PST

His release will pave the way for talks between the Govt and ULFA cadres.

Arabinda Rajkhowa freed, what next?

Posted: 31 Dec 2010 08:53 PM PST

The ULFA chief walked free from jail on Saturday on a new path.

CBI ready to re-open Aarushi murder probe

Posted: 31 Dec 2010 05:50 PM PST

The agency under pressure from all quarters after closing the case.

Two HuJI terrorists arrested in Bhopal

Posted: 31 Dec 2010 10:07 PM PST

The duo, wanted in Kashmir, was arrested by a team of Bhopal police on Friday.

Rush for nursery admissions in Delhi begins

Posted: 31 Dec 2010 07:29 PM PST

This year the admission process has been delayed by over a month.

Avoid being duped, guidelines for customers

Posted: 31 Dec 2010 07:54 PM PST

CNN-IBN gets you safety tips to protect your wealth.

Top MP babu's fake certificates exposed

Posted: 31 Dec 2010 06:52 PM PST

He's alleged of giving false documents to secure a big promotion.

'David Headley was a Pak spy working for ISI'

Posted: 31 Dec 2010 09:43 PM PST

The LeT operative was a Pakistani spy, claimed an investigative news report.

SBI, ICICI, HDFC hike interest rates by up to 1pc

Posted: 31 Dec 2004 05:26 PM PST

The hike in lending rate will make auto and home loans expensive.

Ind-SA: series win within India's grasp

Posted:

Ind-SA: series win within India's graspThe Indian team has been unbeaten in a record nine consecutive series.

2011 WC: year of a subcontinental champion?

Posted:

2011 WC: year of a subcontinental champion?This is the third time that the Cricket World Cup is being hosted in the subcontinent.
Posted by Harshad at 11:20 PM 0 comments

Chandra takes over as CBDT boss

Chandra takes over as CBDT boss

Chandra takes over as CBDT boss

Posted: 31 Dec 2010 04:56 PM PST

Sudhir Chandra, member investigation in the Central Board of Direct Taxes (CBDT), has taken over as the new chairman of the apex direct tax board replacing S S N Moorthy, who retired on Friday.

Airports Authority asks AI to clear Rs 680 crore dues

Posted: 31 Dec 2010 04:53 PM PST

Having some money may become a bigger problem than easing the troubles cash-strapped national carrier Air India. Within hours of getting approval for Rs 1,200 crore equity infusion from the Cabinet Committee of Economic Affairs, creditors are eyeing to get their dues.

2010: Year of bumper divestment

Posted: 31 Dec 2010 04:50 PM PST

The year 2010 will go down in the history of Indian markets as the one that witnessed the revival of the government divestment process with the Coal India IPO emerging to be the jewel in the crown.

Consumption key to India growth story

Posted: 31 Dec 2010 04:47 PM PST

Consumption is the sole purpose of all production. When a steel manufacturer says it is adding new production capacity, one can assume that people are buying more cars and consumer durables.

Home, car loans get costlier in New Yr

Posted: 31 Dec 2010 04:38 PM PST

Faced with rising cost of funds, State Bank of India and ICICI Bank—the country's top two lenders—on Friday announced a hike in lending rates for existing as well as new customers, while HDFC Bank and Kotak Mahindra Bank limited the increase to new customers.

Flying in New Year gets costlier

Posted: 31 Dec 2010 01:38 PM PST

The year 2011 will be bringing in heavier airfares and the first step in that direction has already been taken with fuel surcharge up by Rs 100 to Rs 200 on domestic routes.

Air India reinstates 8 employees sacked after Mangalore crash

Posted: 31 Dec 2010 08:06 AM PST

In some good news on New Year eve, national carrier Air India has reinstated eight of the 55 employees sacked for striking work after the May 22 Mangalore plane crash.

ArcelorMittal increases offer for Baffinland of Canada by 27%

Posted: 31 Dec 2010 08:04 AM PST

ArcelorMittal, the world's largest steel producer, said today it had increased by 27 per cent its offer to buy Canadian mining company Baffinland to match a rival bid by Nunavut Iron Ore.

US stocks fall on last day of year, 2010 still solid

Posted: 31 Dec 2010 07:49 AM PST

Investors are taking profits after a strong year in the stock market. The Standard & Poor's 500 index and the Dow Jones industrial average are both up about 14% for the year, including dividends, due to solid corporate earnings.

3 banks including ICICI raise lending rates

Posted: 31 Dec 2010 07:44 AM PST

ICICI Bank has announced an increase of 0.5 per cent in the base rate with effect from January 3, 2011. The revised rate will be 8.25 per cent as against 7.75 per cent at present, the bank said in a statement.

Rupee up 26 paise against dollar

Posted: 31 Dec 2010 07:27 AM PST

In sync with rally in equities, the rupee settled the year 2010 on a high note ending up by 26 paise at a nearly four-week high against the US currency on dollar selling by exporters and banks.

Oil cos raise jet fuel rates by about 2%

Posted: 31 Dec 2010 05:59 AM PST

Flying within India will become costlier from the New Year with two major airlines, Kingfisher and Jet Airways, hiking fuel surcharge by up to Rs 200 per ticket with immediate effect.

India's external debt up to $296bn in April-Sept

Posted: 31 Dec 2010 05:09 AM PST

With spurt in overseas borrowings by corporates and rupee appreciation against major currencies, India's external debt has gone up by 12.8% to $295.8 billion in the first six months of the current fiscal.

Oil cos raise jet fuel rates by about 2%

Posted: 31 Dec 2010 04:25 AM PST

State-owned oil firms today hiked jet fuel prices by almost 2 per cent, the sixth straight increase in rates since October when international crude oil prices started climbing.

RBI initiates probe in Citibank fraud, to make statement

Posted: 31 Dec 2010 04:06 AM PST

Reserve Bank of India (RBI) today said it has initiated a probe into the Rs 300 crore fraud at Citibank's Gurgaon branch and would soon issue a statement in this regard.

Sensex ends the year on promising note

Posted: 31 Dec 2010 03:05 AM PST

The BSE benchmark Sensex rose for the third straight day in the last trading session of the year, adding 120 points on sustained buying amid indications that strong economic growth will boost company earnings.

Sensex ends 2010 on promising note, up 120pts

Posted: 31 Dec 2010 03:03 AM PST

The BSE benchmark Sensex rose for the third straight day in the last trading session of the year, adding 120 points on sustained buying amid indications that strong economic growth will boost company earnings.

Fiscal deficit down 39.08% to Rs1.86Lcr

Posted: 31 Dec 2010 02:47 AM PST

The Centre's fiscal deficit narrowed by 39.08 per cent year-on-year to Rs 1.86 lakh crore in April-November, 2010, on the back of better-than-expected revenue from the sale of spectrum and robust tax collections.

Hero Group says it is victim of Citibank fraud

Posted: 31 Dec 2010 12:19 AM PST

Leading corporate house Hero Group is a victim of the alleged Rs 300 crore Citibank fraud by bank manager Shiv Raj Puri, says the conglomerate, but did not disclose details of financial involvement.

11,000 H1-B visas for US still available

Posted: 30 Dec 2010 10:36 PM PST

About 11,000 H-1B visas, the most sought after by Indian professionals for working in the US, has found no takers indicating a grim employment scenario in the country and the steep hike in the visa fee daunting the job-seekers.

Govt to prop up oil companies' bottomlines

Posted: 30 Dec 2010 05:20 PM PST

Striking a balance between business and politics, the petroleum secretary S Sundareshan said on Thursday that the government would not let state-run oil marketing companies hang out to dry for shielding consumers from the impact of surging international crude and the government will make up their losses without asking domestic oil producers to share any extra burden.
Posted by Harshad at 9:38 PM 0 comments
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