MUMBAI (Reuters) - Essar Energy Plc on Tuesday signed a $1 billion financial cooperation agreement with the China Development Bank and PetroChina International Co. Ltd., according to a document seen by Reuters. Detail of the deal - signed in Mumbai during a visit by the Chinese premier - were not immediately known. Sources on Monday told Reuters that the debt would be backed by a supply of refined fuels by Essar Oil , a subsidiary of Essar Energy, to PetroChina. (Reporting by Henry Foy; editing by Matthias Williams)
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Under attack from the opposition over corruption and lack of governance, Prime Minister Manmohan Singh will present the fourth and last report card of the UPA-II More »
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After acquiring Tumblr for 1.1 billion dollars, Yahoo has announced major changes to its photo sharing service Flickr. More »
- BJP parliamentary board to discuss general elections IANS
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The Allahabad High Court on Tuesday rejected Noida-based dentist couple Rajesh and Nupur Talwar's plea for examination of 14 more witnesses ignored by the Central More »
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A woman has given evidence in a court in New Zealand implicating four men of Indian origin of raping her in turns in April 2011. More »
- UP Lokayukta indicts over 199 in Mayawati Govt. memorial scam ANI
Uttar Pradesh Lokayukta Justice N.K. Mehrotra has indicted over 199 persons, including two former Bahujan Samaj Party (BSP) ministers, for allegedly siphoning off More »
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A well-connected Indian family in South Africa has apologised for the controversy surrounding the landing a chartered plane at Waterkloof Air Force Base to carry More »
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New Delhi, May 21 (IANS) Hollywood actor Will Smith, who features with his son Jaden Smith in "After Earth", has advised his boy to stay away from girlfriends.
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Washington/Bangalore, May 21 (IANS) Indian tech honcho Phaneesh Murthy was Tuesday sacked as chief executive of US-based software services company iGate Corporation "for not disclosing a relationship with a subordinate", over a decade after he was forced to quit Indian IT bellwether Infosys on similar charges of sexual misconduct.
- Ranbir Kapoor keen to work on small screen IANS
Mumbai, May 21 (IANS) Actor Ranbir Kapoor, who has wowed everyone with his scintillating performances on the big screen in films like "Rockstar" and "Barfi!", is eager to show his acting skills on the small screen as well.
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- India, Israel set up fruits centre in Haryana IANS
Chandigarh, May 21 (IANS) Israeli cultivation technology and know-how of fruit plants will be shared with Indian farmers and horticulturists at the centre of excellence for fruits which was inaugurated Tuesday in Haryana's Sirsa district.
- AIFF invites fresh tender notice for new I-League clubs IANS
New Delhi, May 21 (IANS) Adhering to requests from new bidders, the All India Football Federation (AIFF) Tuesday released a fresh tender notice inviting 'Bids for new Clubs to be a part of the I-League'.
- Sensex closes more than half percent down IANS
Mumbai, May 21 (IANS) A benchmark index of Indian equities markets closed Tuesday's trade more than half a percent down owing to continued profit-booking.
- Trinamool destroying development, democratic systems: Left Front IANS
Kolkata, May 21 (IANS) West Bengal's Left Front Tuesday charged the Trinamool Congress government with destroying the process of development and participatory democracy in the state over the past two years it has been in power.
- Qatar National Bank to start operation in India IANS
New Delhi, May 21 (IANS) Qatar National Bank (QNB), one of the Gulf region's largest lender, Tuesday said it will set up a fully-owned subsidiary in India and start operations in the third quarter of 2013.
- Louis Leterrier's 'Now You See Me' heads to India IANS
New Delhi, May 21 (IANS) French director Louis Leterrier's heist thriller "Now You See Me" will be released in India June 7.
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St. Petersburg, May 21 (IANS/RIA Novosti) Russia is struggling to beef up its hospitality infrastructure ahead of the 2018 World Cup, with seven of the 11 host cities lagging behind in the number of hotel rooms on offer.
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New Delhi, May 21 (IANS) Young racing driver Jehan Daruvala began his 2013 season in style winning the opening race of the KFJ British Karting Championship at Rowrah in Cumbria, England.
- Karzai seeks more Indian investment in Afghanistan IANS
New Delhi, May 21 (IANS) Afghan president Hamid Karzai Tuesday called for Indian investment in critical sectors such as healthcare, telecom, agri-business and capacity building.
- Vodafone India's revenue up by 10.6 percent in 2012-13 IANS
New Delhi, May 21 (IANS) Vodafone India, the second largest mobile operator in the country clocked Rs.35,600 crore revenue for financial year 2012-13, a 10.6 percent rise, a top company official said here Tuesday.
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New Delhi, May 21 (IANS) Defence secretary Shashi Kant Sharma will be the new Comptroller and Auditor General (CAG) of India, replacing Vinod Rai, who retires May 22, the government announced Tuesday.
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