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Read this before putting your money on Nitesh Estates

Here we reproduce the moneylife story as it raises substantial issues of financial governance: Audacious IPO by loss-making Nitesh Estates backed by investment from Times

AI March salary delayed by a month; 2 Pak offices shut

State-owned Air India delayed payment of March`s salary to its employee by a month as it had to meet year-end expenses for various purposes, Parliament was informed today. "The salary for the month of March, 2010, was paid to t

Why should BCCI get tax breaks, asks Gill

The government is "watching very carefully" the affairs of the Indian Premier League and it is time the cricket board BCCI is made accountable to the country, Sports and Youth Affairs Minister M S Gill said today. "IP

The line that divides India

More than four decades ago, as an eight-year-old boy in a village in Bokota Mauza of Sibsagar district of Assam, I had a big fascination for assisting my uncle in his farming works, in a way, more than my studies. I liked my uncle especially when

13 parties join hands to force fuel price rollback

Leaders of 13 parties, including the Left, today said they will move a cut motion to seek roll back in the hike in prices of petrol, diesel and fertiliser on April 27, the day they have called a nationwide general strike on the issue.

Concern over slum demolition in Delhi for Games

The issue of displacement of poor and demolition of slums in Delhi to carry out construction relating to the Commonwealth Games was raised in the Lok Sabha today by an independent member. Raising the matter during Zero Hour, Tarun M

Economic Times makes Praful Patel sweat. Without equity!

After Shashi Tharoor, it is now Civil Aviation Minister Praful Patel giving clarifications over his alleged role in the IPL imbroglio. Tharoor had to go. Will Patel`s fate be different? Just before the franchisee bids opened in Marc

TB diagnosis within 3 weeks soon

Diagnosing TB (Tuberculosis), which normally takes more than eight weeks with the present available technology, will soon be done within three weeks in the city, preventing first-stage TB cases from becoming drug-resistant. New Delhi Tuberculosis

"No two time zones for India"

The government has rejected the sugestion to introduce two time zones in the country. “The committee has recommended advancing the work/institutional timing in appropriate states would be more effective solution which can be implemented thro

`Citizen engagement can improve policing`

At a seminar held on Wednesday, experts underlined the need for the police to engage with local communities in fighting crime and law enforcement. “Local cooperation with law enforcement agencies is extremely important like it happene

Food inflation rise may push overall inflation into double digits

Food inflation rose to 17.65 per cent in the second week of April as essential items such as milk and rice remained costly. This may push the overall inflation to double digits. The Reserve Bank on Tuesday raised key rates to squee

Mobile vans to monitor commercial transport

The Delhi government on Thursday flagged off specially designed vehicles for mobile patroling to enforce motor vehicle rules and permit conditions. These 35 vans are eqipped with global positioning system (GPS), on-board computer linked to the m

Govt mulling translocating 45 oil depots to avoid fire disasters

After the devastating fire in IOC depot in Jaipur last year, government on Thursday said it was considering shifting 45 such installations from densely populated regions to remote areas. Replying to supplementaries, minister of state for p

New name emerges in the IPL saga

A day after civil aviation minister claimed he was not associated with the IPL in any way, it has emerged that his office was in touch with the former junior foreign minister Shashi Tharoor over the projected valuation of the new franchisee.

Mayawati accuses Congress of ignoring Poorvanchal

Accusing the Congress of completely ignoring Poorvanchal during its rule in the state, Uttar Pradesh Chief Minister Mayawati has alleged that the region trailed behind only due to the party`s wrong policies. "Poorvanchal was co

No respite: Food inflation rises to 17.65 pc

Food inflation rose to 17.65 percent for the week ended April 10 from 17.22 percent in the previous week due to higher prices of fruits and vegetables. In the corresponding week last year, food inflation was at 8.16 percent.

IT raids Sahara`s Lucknow office in IPL crackdown

Income Tax department sleuths today conducted a raid at the head office of the Sahara Group, owner of IPL Pune team, at Aliganj here and scoured through documents related to the Indian Premier League. A 12-member team came to the office at

NREGS, RSBY come for praise from G-20

The Indian government`s two flagship programmes to combat rural unemployment and provide health insurance cover today received appreciation from Labour and Employment Ministers of G-20 countries, who showed keen interest in the innovative schemes

RD ministry discusses methodologies for the BPL census

To thrash out the exact methodologies to be adopted for the upcoming below poverty line (BPL) census, rural development ministry called for another meeting of experts on Wednesday. Some of the issues discussed in the meeting were option of

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