Life News - Page 9

Jet-Etihad deal: SC seeks Centre's reply on Swamy's plea within 4 weeks

Swamy has filed petition seeking to quash the deal on the ground that it was against public interest as there has been squandering of natural resource i.e. the sky and air space.<br />

The Modi charm: Nick Clegg says wall of money waiting to enter India

The British Deputy PM said that India's new Prime Minister Narendra Modi is keen on unlocking dynamics of the Indian economy, and that is why it's the best time for investment.<br />

Adani Group to build Rs 12,500 cr thermal power plant in Odisha

This plant is also part of Adani Group's plan to have a power generation capacity of 20,000 MW by 2020 and will be funded through a debt equity ratio of 70:30.<br />

CBI custody of Saradha accused Sarkar extended by three days

Five others, who are also accused in the Saradha scam and were in judicial custody, had their judicial remand extended till September eight.<br />

Reliance Jio, BSNL ink tower-sharing deal

As per the deal, BSNL will be offering a base rate of Rs 38,000 per month for ground based towers (GBT) and Rs 24,900 per month for rooftop based towers (RBT).<br />

Which luxury cars are small-town consumers Googling for? BMW, Mercedes-Benz

Thiruvananthapuram, Ludhiana, Vadodara, Ernakulum, and Surat contributed the highest number of searches for Mercedes-Benz, leaving behind metros cities like Delhi, Mumbai, Gurgaon and Bangalore.<br />

No service tax: Kailash Mansarovar, Haj pilgrimage to become cheaper

Pilgrimage to Kailash Mansarovar and Haj will become cheaper with the government exempting such tours from the service tax.

Forensic audits and more: RBI to step up vigilance on banking sector to prevent frauds

RBI Deputy Governor R Gandhi today said "continuous vigilance and intelligence gathering" would be the central bank's key focus areas to prevent recurrence of frauds.

Tata Motors, Mahindra to challenge CCI's multi-crore penalty

While M&M was imposed a penalty of Rs 292.25 crore, Tata Motors was slapped a fine of Rs 1,346.46 crore by CCI.<br />

Exclusively on Flipkart: Xiaomi to launch Redmi 1S next month for Rs 5,999

Touted as the 'Apple' of China, Xiaomi is one of the latest entrants in the multi-billion Indian smartphone market, following other Chinese firms like Oppo and Gionee.

Few more quarters before attrition comes down: Infosys COO Pravin Rao

Attrition rate at India's second largest IT services firm had hit a record high of 19.5 percent for the April-June quarter this fiscal up from 18.7 percent in the previous quarter and 16.9 percent in the same period last year.

RCom, Adani Power, Adani Enterprises to exit Nifty Midcap 50 from 26 Sept

A host of changes have also been made in various other indices of NSE such as CNX Midcap Index and CNX Smallcap Index by its Index Maintenance Sub-Committee during a periodic review

Vikram Bakshi to US food giant McDonald's: Return all the leased properties

The estranged Indian partner of McDonald's, Vikram Bakshi today asked the US food major to return all the prime properties leased to it for running restaurants.

SC decision on coal blocks to ultimately benefit economy: Javadekar

The Supreme Court had yesterday held that all coal block allocations made since 1993 till 2010 before pre-auction era during previous NDA and UPA regimes have been done in an illegal manner

Planning Comm 2.0: Experts put their heads together on new avatar for central body

Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.

Finmeccanica banned from bidding for future military contracts

India has banned Finmeccanica group of companies from bidding in contracts, a defence ministry source said on Tuesday, as it presses on with an investigation into a scrapped helicopter contract with the Italian firm.

Diesel deregulation: Subsidy payouts for ONGC, Oil India to almost halve

While the government had freed petrol price from its control in June 2010, it had started a phased deregulation of diesel rates in January last year with up to 50 paise a litre increase in rates every month.<br />

Govt notifies hike in FDI cap to 49% in defence sector

FDI ceiling in the sensitive defence sector has been hiked from current 26 per cent, with the condition that the company seeking permission of the government for FDI up to 49 per cent should be Indian

Sensex ends at new high on rebound in metal, auto stocks

The S&P BSE 30-share barometer resumed lower in line with weak Asian cues and moved in a range of 26,481.97 and 26,314.89.

Industry needs to be responsible for corporate ethics: CAG

Sharma said however that it would take a while before the change is seen in the mindset that is driven by good corporate governance.<br />

Coca Cola tells green tribunal it doesn't want to expand Varanasi plant

The tribunal, on 20 June, had allowed Coca Cola to resume operations at its Varanasi plant but restrained it from increasing its production.

Mahindra & Mahindra says it will challenge CCI fine of Rs 292 cr

"The company aggrieved by this order proposes to appeal against it before the appropriate forum," M&M informed the NSE.<br />

Good news: SBI, HDFC, PNB cut home loan rates

Home loans of up to Rs 75 lakh would now be available to fresh borrowers at 10.10 percent against the existing rate of 10.15 percen

EPFO trustees to pay 8.75% interest on PF deposits for 2014-15

The decision to retain the interest rate on the provident fund deposits at last year's level was taken despite some protest by the trade union members of the CBT

IMF chief Christine Lagarde grilled in French corruption case

Christine Lagarde made no comment to reporters as she entered the Court of Justice of the Republic, a special court that probes cases of ministerial misconduct, but has previously denied any wrongdoing.<br />

Arvind Subramanian to be chief economic advisor? Govt not sure yet

The post of CEA has been lying vacant since Raghuram Rajan left the Finance Ministry to join the Reserve Bank as Governor in September last year.

Five year plan: Govt to spend Rs 20,000 cr for mobile connectivity in 55,000 villages

The amount of Rs 20,000 crore will come through the Universal Services Obligation Fund (USOF)

Honey, the EPFO just shrunk our retirement funds. It's time for an exit option

The EPFO's returns on your investments have not been able to beat inflation for a while now. It needs to invest in equity, or at least offer an exit for subscribers who would like to opt for the NPS

HP, Avaya to offer combined communications services for enterprise

The companies will sell a combined portfolio of Unified Communications-as-a-Service, Contact Center-as-a-Service, and infrastructure modernisation services.

Seeking IIT, IIM graduates as husbands? Now a portal for the 'academic elite'

Now a full-fledged website, iitiimshaadi.com, which promises to help people seek partners with a degree from an appropriate alma mater.