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When India rekindled Zuckerberg`s belief in Facebook

Facebook founder Mark Zuckerberg has had his belief in his company reinforced by India. This was confessed by Zuckerberg himself as he hosted prime minister Narendra Modi on sunday at the headquarters of Facebook in California. Zuckerman to

Morning briefing: Isro launches Astrosat, begins business with American companies

Astrosat, the country`s first astronomy observatory to study distant celestial objects was launched this morning (Monday) from Sriharikota in Andhra Pradesh. India is the first country in the developing world to have its very own turbo-charged `mi

Wait for five more years for govt to go paperless

It would take another five years to make it mandatory for the ministries to adopt the e-office technology. This was disclosed by Devendra Chaudhary, secretary, department of administrative reforms and public grievances. He said that the fear among

RailTel celebrates foundation day on profitable note

Celebrating its 16th foundation day on Wednesday, government-run RailTel’s chief said that the company earned revenue of Rs 555 crores in the previous financial year. RK Bahuguna, RailTel chief and managing director, said that

Healthcare, the aam way

On a sweltering August morning, the porch of the two-room clinic in Rajiv Gandhi JJ colony, Peeragarhi, north-west Delhi, is thinly crowded. Patients eagerly await their turn to see the doctor. From inside the air-conditioned clinic, an official d

Big companies to shift to renewable energy use

As awareness and commitment increases around the world about the environmental concerns, there is substantial improvement in collaborative action in business community. In this regard the pledge taken by the Fortune 500 listed companies to use 100

Modi dines with Fortune 500 CEOs, business bosses ask for more

Prime Minister Narendra Modi met top CEOs in the US, listing the various sectors that India has opened up for investments and inviting the US business leaders to `Make in India`. However, the CEOs want Modi to make faster change to

Morning briefing: 14 Indians among 717 dead in Haj stampede in Saudi Arabia

At least 717 people, including fourteen Indians, were killed and over 860 injured in a stampede on Thursday during Haj here, in the second worst ever tragedy to hit the annual pilgrimage in Saudi Arabia. Of the 14 killed in Mina stampede yesterday

India fails to gain due to messy urbanization, says World Bank

Analyzing the patterns of India’s urbanisation, World Bank says that while India added seven multicity agglomerations between 1999 and 2010 for a total of 30 cities, Indian cities are not able to take full advantage of these agglomerations.

After DRDO, woman chief for NIC

The national informatics centre (NIC) will have woman director general. Neeta Verma, the deputy director general of the NIC, has been appointed as the head of the informatics centre, which is the technical wing of the ministry of communications an

Evening digest: Tax law amendment to give retrospective relief to foreign firms

The government will amend tax law with retrospective effect to exempt foreign companies covered under double taxation avoidance agreements from the minimum alternative tax (MAT), the finance ministry said in a statement on Thursday. The amendment,

Shailesh Gandhi’s letter to Kejriwal: Descent from idealism can be very rapid

Dear Arvind, I am writing this open letter to you, since both of us have worked together in the RTI movement and have insisted on transparency in all public matters. There are some concerns about your working, which

Another Haj tragedy: 220 dead in stampede at Mecca

In an unfortunate incident, at least 220 pilgrims died and 400 others injured on Thursday when a stampede broke out in Mina, outside the Muslim holy city of Mecca, during Haj. Rescue operations are underway, Saudi Arabia`s civil def

Smart cards market sees tremendous growth

India`s market for smart cards is in the range of $1 billion in revenues, a rise of 42 percent from 2011. This is one good reason to look at the products being displayed at ssmartcards Expo in New Delhi. SmartCards Expo 2015, the 17

Oil India gets consent to produce 1 mmscmd gas in Jaisalmer

State-run Oil India Ltd has got environment clearance for drilling 20 wells in three blocks in Jaisalmer, Rajasthan for production of 1 mmscmd gas at an estimated cost of Rs 96 crore. The wells will be drilled in Dandewala, Bagitibb

BHEL bullish on defence orders

Power equipment maker BHEL is bullish on defence manufacturing sector, , which is being opened up and is looking for original equipment manufacturers (OEMs) for partnership. The public sector unit is particularly interested in naval

ONGC, Oil India seek cut in cess

State-owned oil producers ONGC and Oil India along with private sector Cairn India have asked the government to cut cess on crude oil in view of slump in prices. The Oil Industry (Development) Act, 1974 provides for collection of ce

AK Srinivasan to be ONGC’s director of finance

Oil and Natural Gas Corp. Ltd (ONGC) has appointed AK Srinivasan as the new director (finance) of the company. He was elevated to the post after his presidential appointment to the ONGC Board. He has an experience of over 31 years in upstream oil

Tax free bonds of NTPC get massive response

NTPC’s public issue of tax-free bonds received a massive response from investors with the subscription amount touching Rs 4,417.58 crore. The total issue size is of Rs 700 crore. The highest subscription came from corporates at eight times t

Morning briefing: PM Modi in New York, no bilateral meeting scheduled with Sharif

Prime minister Narendra Modi arrived in New York today for a five-day visit to the United States where he will attend the United Nations General Assembly session. US is the second leg of Modi`s two-nation trip. On Wednesday, he made a five-hour tr

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