National News

IL&FS offer for Matyas stake opens today Infrastructure firm IL&FS's open offer for acquiring an additional 20% stake in crisis hit Maytas Infra will open on Wednesday.

5 out of 8 cities see upward trend in hiring in Oct Chennai, Bangalore, Delhi-NCR, Kolkata and Hyderabad saw an uptrend in hiring in October 2009 compared to September while, Mumbai and Pune saw a decline in recruitment, a report said.

When leader of Opposition in the Lok Sabha L K Advani stood up on Monday to react to the contents of the Liberhan Commission report first revealed by The Indian Express, he recalled the statement that has come to define the ambiguity in the relationship of the man with the movement.

In what will probably be a first for the Indian IT industry, the country's second largest software services firm, Infosys Technologies, will act as a consultant to Rajasthan, Madhya Pradesh and Uttar Pradesh for their respective Accelerated Power Development Reforms Programme (APDRP) projects.

In a bid to avert another round of confrontation with the sugarcane farmers in Uttar Pradesh, the Uttar Pradesh Sugar Millers' Association (UPSMA) is working overtime to thrash out differences and arrive at some kind of consensus on the vexed sugarcane pricing issue by Wednesday.

Even as Prime Minister Manmohan Singh endorsed a Free Trade Agreement between India and the US, negotiations on such a duty free deal will be challenging owing to sensitivities of both sides on issues like intellectual property rights and farm subsidies.

The CBI on Tuesday filed the second charge sheet in the Rs 7,800-crore rupee Satyam scam against the founder chairman of the company, B Ramalinga Raju, and others, including the recently arrested internal auditor of the company V S Prabhakar Gupta.

Even though the Centre has allocated 34 coal blocks with reserves of 11 billion tonne to state utilities, the ministries of power and coal have observed little progress in developing mines from coal blocks by 10 utilities.

The dilemma that faces Bric economies today is about how to tailor their foreign exchange policy. Should they accord greater weight to capital inflows, welcome them but also risk inflation and higher real effective exchange rates (REERs)? Or, should they orchestrate policy to ward off inflows of that nature in order to maintain export competitiveness? These are the fundamental issues.

The government had to table the Liberhan report on the Babri demolition and the action taken report (ATR) in Parliament a day after The Indian Express reported the commission's findings.

Bank of India slashes deposit rates across select maturities Public sector lender Bank of India on Tuesday reduced deposit rates in select maturities by 0.25%.

The paper* explores the implications of the large increase in fiscal deficits and the implications of a global trade war in response to the financial crisis.

Post-Liberhan Executive summary of proceedings in Parliament after the Indian Express broke the Liberhan commission story.

In what is clearly among the most candid assessments on China from the Indian leadership, Prime Minister Manmohan Singh on Monday conceded that there was some amount of "assertiveness" from the neighbouring country, but did believe that engagement was still the best way forward.

Calling former Prime Minister Atal Bihari Vajpayee one of the party's "pseudo-moderates"—along with L K Advani and Murli Manohar Joshi—the Liberhan Commission makes several references to Vajpayee bracketing him with his hardline colleagues.

Making no reference to the indictment of top BJP and Sangh leaders in the Liberhan Commission report on the Babri Masjid demolition, the government, in its Action Taken Report (ATR) which was tabled on Tuesday in Parliament along with the inquiry report following the din over its publication in The Indian Express, said steps will be taken to expedite hearing of demolition-related cases.

Calling India a key actor in cultural cooperation across countries, French ambassador to India Jerome Bonnafont launched Bonjour India , a festival of France in India . The 3-month long festival (Dec-Feb) with over 100 shows across 18 cities is celebrating 100 years of Indo-French ties.

The Association of Unified Access Service Providers of India (AUSPI), the CDMA industry association has written to the Telecom Regulatory Authority of India (Trai) suggesting that it must ensure that its final recommendations on spectrum pricing aren't biased towards the incumbent GSM operators such as Bharti Airtel and Vodafone-Essar by allowing operators to hold up to 25% of the total spectr

Mobile handsets without unique international mobile equipment identification (IMEI) number are posing a serious security threat to Punjab, which shares international border with Pakistan . The Indian Cellular Association (ICA) has informed the state police and the vigilance department to take appropriate action.

The 550-room Trident hotel at Nariman Point presents a lively picture. Security persons at the main gate have a busily tough time what with the steady stream of guests and visitors checking in.