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Nov 21, 2009
 
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  Srei unit buys 57 in Dishergarh for Rs 172 crore (21 November 03:59)
Of the 57% on sale in DPSC, Andrew Yule held around 15% while the rest was held by Life Insurance Corporation (30.61%) and United India Assurance (11.36%).
  MTNL bids for licence in Oman (21 November 03:59)
Undeterred by its repeated failure to acquire licences or companies abroad, Mahanagar Telephone Nigam Ltd (MTNL) has now gone ahead and put in an initial bid for a licence in Oman.
  GVK in talks to acquire LTs holding in BIAL (21 November 03:56)
As part of its strategy to emerge a majority stakeholder in Bengaluru International Airport (BIAL), GVK Power and Infrastructure is making quick moves to acquire the 17% stake.
  RBI admits Vishal Retail debt plan (21 November 03:53)
Vishal Retail Ltd's proposal for debt recast has been admitted by the corporate debt restructuring cell of Reserve Bank of India, according to a source close to the development.
  Honeywell open to co-development with Hindustan Aeronautics (21 November 03:49)
The global business jet sector has seen a 40% drop in delivery from past peak thanks to the economic slowdown.
  General Atlantic to sell Patni stake (21 November 03:46)
L&T Infotech, which earlier fought a stiff bidding war for Satyam, is reportedly looking at investing $150-200 million for acquisition of firms.
  Auto sector momentum may slow as stimulus packages vanish (21 November 03:46)
It has been particularly helpful for auto majors like Maruti Suzuki and Hyundai, which earned a sizeable chunk of revenues from European markets.
  Duet may buy Berggruen land parcels (21 November 03:45)
Duet India Hotels, the hospitality real estate fund of Duet Group, may acquire some of the hotel sites of Berggruen Hotels in tier-II cities.
  Corus may ally with CSN for mining (21 November 03:43)
The volatility in prices of these products weighs on the profit margin of the company and shrinks consolidated operating margin of the group.
  Mundra Port to build terminal for Shell JV in Hazira (21 November 03:14)
The terminal will be built on a sub-concession basis, in phases, with three berths in the initial phase, Hazira Port said in a statement.
  Commercial rentals stabilise (21 November 03:12)
Commercial property rentals in the central business districts (CBD) of Mumbai, Gurgaon, Noida, Chennai, Bangalore and Pune have stabilised, as business optimism has pushed demand up.
  Cant blame futures for rise in food prices (21 November 03:12)
Farm futures trade has not contributed to the price rise in essential commodities in the country, minister of state for consumer affairs, food and public distribution, K V Thomas said on Fri...
  Sebi may allow derivatives purchase in portfolio management (21 November 03:11)
The Securities & Exchange Board of India (Sebi) is considering allowing exchange-traded derivatives to be a part of portfolio management services (PMS), according to executive director R K N...
  Using garden leave can help take the edge off attrition (21 November 03:07)
The grass is greener on the other side, human resources managers may soon start hearing, what with attrition rates starting to go up again
  Keskar sees fare gap closing in Q4 (21 November 03:07)
Keskar said once fares reach the breakeven level and fly into the positive zone, the airlines will stop burning cash and will start making money from their operations.
  Its Take 2 for take-out financing (21 November 03:06)
The take-out financing scheme introduced by Union finance minister Pranab Mukherjee in this year's Budget is likely to be finalised within a month.
  Mother Indias Sukhilala is alive and kicking! (21 November 03:00)
My father, aged 69, was retired and staying with me. He had a credit card since the last 15 years. He expired last year in October and since January this year.
  Banks up scrutiny on cash deals (21 November 02:52)
Even the Reserve Bank of India has spared no time to reiterate its know-your-customer and anti-money laundering norms.
  FDA seizes energy drinks worth more than Rs1 crore (21 November 01:34)
Ranjeet Singh Sahay, joint commissioner, FDA vigilance department, said raids were conducted in Mumbai and Pune stocks of the drink Cloud 9 were confiscated.
  Drop in pressure deepens crisis (21 November 12:59)
First it was the reduction in quantity, as well as the duration of water supply. Now, there is a drop in water pressure. The crisis gets more acute with every passing day.
  Heritage building facades will get rid of ACs grills (21 November 12:56)
The Mumbai Heritage Conservation Committee (MHCC) has recommended that there should not be any air conditioning unit on the facades of heritage buildings.
  Out of khaki Khali now wants to kill Ajmal Kasab (21 November 12:55)
The Punjab Police suspended Dalip Singh Rana alias Khali, an assistant sub-inspector in the armed unit, for remaining absent from work since last December while still receiving his salary.
  2 homes yet SRPF camped on road (21 November 12:55)
One is located in the premises of the state director general of police's (DGP) office. The other is in the compound of the city police commissioner's office.
  Driver flees with Rs40 lakh ATM cash from Andheri (21 November 12:50)
Praveen Vasudev Belokar fled while two cashiers and a guard went to ABN Ambro bank's ATM at Infinity Mall in Andheri (west) to refill cash.
  To repay loan duo kidnap kill 17-year-old boy (21 November 12:50)
The crime branch of the Mumbai police arrested two men for kidnapping and murdering a 17-year-old Suresh Parmar, son of a metal dealer.
  Manu Sharma parole lands Sheila Dikshit in dock (21 November 12:48)
Justice Kailash Gambhir noted that in normal cases, the government takes three to six months to decide parole applications of convicts, but it cleared Manu's plea in 20 days.
  After farmer oppn charge Centre reverses cane policy (21 November 12:46)
The government will still set the fair remunerative price (FRP), the minimum mill-owners have to pay sugarcane farmers, and the states are free to set their own prices.
  At 23 I was the best in the world Olympian Steffi Nerius (21 November 12:46)
Steffi Nerius, Olympian & one of track and field's most remarkable figures, speaks to DNA.
  Swine flu toll reaches 31 in Mumbai (21 November 12:45)
But health authorities and experts say the death of a 57-year-old Mira road resident is no indicator of a second wave.
  Near-miss as Saudia plane deviates from its flight path (21 November 12:44)
The plane climbed 200 feet while cruising, reducing the vertical separation between itself and another aircraft from the standard 1,000 feet.
  No aerial attacks on Maoists Govt (21 November 12:43)
Union home secretary GK Pillai said Maoists were getting help from neighbouring countries.
  Lets face it cops are overworked HC (21 November 12:42)
Bombay HC on Friday said the police were overworked and did not have the logistical support to find the child of Mohan and Mohini Nerurkar, who was allegedly stolen from Sion Hospital.
  I am Indias messenger says the Dalai Lama (21 November 12:40)
Delivering the 15th Justice Sunanda Bhandare Memorial lecture on 'Women and Peace', the Tibetan spiritual leader also took swipes at successive Chinese governments.
  Harshad Mehtas kin want judge to opt out (21 November 12:40)
The recusation application, not very common, has 24 petitioners, including Mehta's wife Jyoti, mother Rasila, brothers Ashwin and Sudhir, and sister-in-law Rina, besides 11 companies owned a...
  9 RPF cops held for taking bribe (21 November 12:40)
A full-fledged racket operating from Lokmanya Terminus was busted by the Anti-Corruption Bureau (ACB) of the Central Bureau of Investigation (CBI) on Friday.
  Five years RI for killing wifes molester (21 November 12:40)
Amit Patel, a farsan trader from Dadar, had shot at Mohammed Ali Umar Shaikh on the Bandra Reclamation promenade for teasing his wife.
  Mum freed of murder charge (21 November 12:40)
The SC has allowed a minor sentence for a woman, 67, who locked her two-year-old daughter into a tiny bathroom and denied her food and water for 14 days, resulting in the child's death in 19...
  N-threat in Chennai turns out to be hoax (21 November 12:40)
The coastal security establishment here got the jitters after an anonymous caller claimed that a ship anchored off Chennai Port and seeking a berth was carrying radioactive/nuclear material.
  HC to protect Pratima Nagrales lawyer (21 November 12:31)
The court assurance came following a threat received by advocate Gunaratna Sadavarte told the judges about the episode, which took place on Thursday, in their private chamber.
  China cloud hovers over PMs US visit (21 November 12:30)
Senior ministers want joint statement with 'hands-off' message for Beijing.
  Not decided on playing Indira Madhuri Dixit (21 November 12:30)
While the world is abuzz with reports of Madhuri Dixit having been signed on to play Indira Gandhi in Krishna Shah's film on the political icon, the actress said she hasn't made up her mind ...
  Hesitancy to give info big threat to RTI (21 November 12:30)
"RTI serves best when the citizens feel the least need to use it. Many applications will be rendered redundant when public authorities suo moto embrace transparency."
  NIA identifies eatery owner as Headleys wife (21 November 12:30)
Anna, the investigators said, has disclosed that the Lashkar-e-Taiba operative, under scanner for his links with the 26/11 attacks, used to frequent her South Mumbai eatery.
  Now MSRDC wants share of marathon pie (21 November 12:30)
Though the organisers say the Mumbai marathon is for charity, officials of the MSRDC, which owns the Bandra-Worli Sea Link, have made it clear that they will not let it be used free.
  SC panel proposes ban on illegal mining by Reddys (21 November 12:29)
A high-powered probe panel set up by the supreme court (SC) has recommended immediate ban on illegal mining on the Andhra-Karnataka border.
  Threat letter to blow up 15 Mumbai landmarks (21 November 12:28)
Security has been beefed up at all suburban stations since past one week following the a letter warning of a plot to blow up 15 landmark places, including stations, in the city.
  Missing players owe an explanation AK Mattoo (21 November 12:27)
Hockey India president AK Mattoo insisted that he wanted to speak to the five disgruntled players who were skipping the national camp.
  Twilight finally dawns in India (21 November 12:26)
The film, which had its overseas release almost a year ago, has been eagerly-awaited by its legions of teen and tween fans.
  Walled in work (21 November 12:24)
Concern over employee productivity has led to firewalling of social networking websites at the workplace. Corporates explain why blanket bans are necessary even as employees wonder if it's...
  Not down on his knees yet (21 November 12:21)
Mulund-resident Madhukar Nimdeo, 91, ensures that his knees do not bend post the total knee replacement surgeries he underwent in both knees in May, using a new tissue-preserving technique.
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