With power comes responsibility. But what happens if an organisation is in power but has not been given proper responsibilities? Welcome to the world of urban local bodies, then, for that is the problem at that heart of administrative set-up at th
Coal India will invite companies from around the world to develop seven coal blocks that can produce an estimated 18 million tonnes of coal in a year. This will potentially be the largest private investment in the sector. CIL’s chair
With Narendra Modi’s elevation as the party’s prime ministerial candidate out of the way, Bharatiya Janata Party (BJP) leaders got another chance to greet each other with the results for the Delhi University Students Union (DUSU) elect
Innovation is the need of the hour for the Indian media and entertainment sector. That was the big picture emerging from The Big Picture Summit, organised by the Confederation of Indian Industry (CII) and the ministry of information and broadcasti
Siphoning off the blame to the central government for the long power cuts in UP-NCR, Uttar Pradesh power corporation (UPPCL) has requested the intervention of the power ministry. According to a news report published in Times of Indi
Rashtriya Ispat Nigam Ltd is planning to focus more on exports and is opening its first overseas marketing office soon in Colombo, according to the chairman and managing director, A P Choudhary. “Nevertheless, our products are accept
Rashtriya Ispat Nigam Ltd is planning to focus more on exports and is opening its first overseas marketing office soon in Colombo, according to the chairman and managing director, A P Choudhary. “Nevertheless, our products are accept
After easing registration norms for foreign investors, the markets watchdog Securities and Exchange Bureau of India (Sebi) has now allowed foreign institutional investors (FIIs) to directly invest in government debts without having to participate
Narendra Modi is the prime ministerial candidate of the BJP-led NDA, the party parliamentary board decided on Friday, ending weeks of speculations. This signals a generational change-over for the BJP, as it ignored vehement oppositi
In a move aimed at increasing transparency for the benefit of bidders, Indian railways has switched over to 100 percent e-auction for disposal of scrap eliminating the need for physical presence of purchasers. Indian Railways disposes scra
The Congress and the BJP have been receiving huge amounts in funds from Anil Agrawal’s London-based Vedanta Group through its subsidiaries in India, raising questions from a civil society group over the alleged foreign funding of the politic
Justice has been done, the fast-track court’s verdict welcomed, and even Sushilkumar Shinde, the union home minister, said just as much without mouthing symptoms of his recurrent foot-in-mouth disease. So as the courtroom at t
Beating bigwig merchant bankers like Goldman Sachs, Credit Suisse, Deutsche Bank and SBI Capital Markets, Khaitan and co. has been appointed as legal adviser to manage the stake sale in Coal India limited (CIL). They will be managing disinve
All the four convicted in the December 16, 2012 gangrape and murder of a 23-year-old physiotherapy student inside a private bus in Delhi have been sentenced to death by the Saket fast track trial court. Akshay Thakur, Pawan Gupta, Vinay Sh
According to a statement released by the PMO, six central public sector enterprises (CPSEs) had surpassed their first quarter targets. They are NMDC, PGCIL, NLC, BEL, RINL and HAL. Besides, 23 CPSEs made capital investments of over
With the RSS-BJP leadership seeming determined to push BJP patriarch LK Advani to the margins, the grand old man of the Hindutva family today stands in splendid isolation. There are few takers for his argument that the declaration of Gujarat chief
The group of ministers (GoM), headed by finance minister P Chidambaram, on Thursday, decided to refund over Rs 11,000 crore to BSNL and MTNL, the two state-run players, for returning broadband wireless access (BWA) spectrum. Telecom minist
Mumbai-based Rashtriya Chemicals and Fertilizers has paid the government Rs 66.20 crore as dividend for the year 2012-13. RCF’s chairman and managing director R G Rajan handed over the dividend cheque to Srikant Kumar Jena, union min
The Reserve Bank of India (RBI) has constituted an expert committee to review and strengthen its monetary policy framework. The committee headed by RBI deputy governor Urjit Patel and comprising seven other members will submit its report in the ne
The Reserve Bank of India (RBI) has decided to create a central repository of large borrowers (individuals and organisations) whose loans exceed Rs 10 crore. This new move comes barely a week after its new governor Raghuram Rajan had proposed the
