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Category archives for: National

SEBI Bans Number of FIIs, Broking Houses, Companies For Unfair Trade Practices

SEBI Bans Number of FIIs, Broking Houses, Companies For Unfair Trade Practices

Financial watchdog SEBI has taken strong moves and banned six companies, five broking houses, five FIIs and several other entities from the market due to their hand in manipulating stock prices by using GDR route.
On Wednesday, SEBI released a 44 page order that directed the India Focus Cardinal Fund, KII Ltd, MAVI Investment, Sophia Growth [...]

‘ZERO TOLERANCE’ FOR TERRORISM, DOCUMENT TO GET INKED BY INDIA

‘ZERO TOLERANCE’ FOR TERRORISM, DOCUMENT TO GET INKED BY INDIA

After successfully negotiating a “vision document” on terrorism, India along with a 15-member United Nations Security Council committee will now emphasise on “zero tolerance” towards any sponsors or perpetrators of terrorist activities.
The statement elucidates various issues and problems related to terrorism. It discusses how to handle the problem of terror campaigns over the next decade [...]

SUCCESSFUL TEST FLIGHT FOR MAHINDRA’S MAIDEN AIRCRAFT NM5

SUCCESSFUL TEST FLIGHT FOR MAHINDRA’S MAIDEN AIRCRAFT NM5

The software-to-transportation Mahindra group in alliance with CSIR National Aerospace Laboratories has fruitfully test-flown a fiveseater aircraft setting a milestone for public-private partnership programmes and country’s indigenous civil aviation. The entire project took three years to complete and will revolutionize Indian transportation over the next decade.
The aircraft will get FAR 23 certification which assures the [...]

SBI AND STANCHART VIE TO GET HOLD OF BARCLAYS INDIA CREDIT CARD BUSINESS

SBI AND STANCHART VIE TO GET HOLD OF BARCLAYS INDIA CREDIT CARD BUSINESS

Final bids to take over Barclays’ India credit cards business will start early next month. The company has about 200,000 card holders in India with a book value of 2 billion rupees, commented the company sources. After the final bids, the deal is likely to close in a month.
The deal is expected to increase the [...]

TRAIN MISHAP LEAVES 9 DEAD AND OVER 100 HUNDRED INJURED NEAR CHENNAI

TRAIN MISHAP LEAVES 9 DEAD AND OVER 100 HUNDRED INJURED NEAR CHENNAI

Awaiting misfortune struck the speeding Chennai Beach-Vellore Cantonment Mainline Electrical Multiple Unit (MEMU) train when it hit a stationary train in Tamil Nadu, 90 kms from Chennai, around 9.40pm. The collision led to the derailment of five coaches, killing nine people and injured 100. The stationary passenger train was Arakkonam-Katpadi that was waiting for a [...]

Swamy writes his concerns to PM regarding 2G spectrum case

Swamy writes his concerns to PM regarding 2G spectrum case

Janata Party President, Subramanian Swamy, writes to the Prime Minister regarding the harassment being done by the income tax and the customs and central excise departments to the witnesses of the 2G scam. Swamy has previously also played a major role in the orders issued regarding spectrum allocation.

Punjab Administration to Dispose of 7 Lakh Liquor Bottles Post Elections

Punjab Administration to Dispose of 7 Lakh Liquor Bottles Post Elections

A large number of liquor bottles, currency notes and huge quantities of drugs were seized during the election campaign that took place for two months, before the polling on Monday

More and Better Road Plans by NHAI, Naxal Hit Areas Included

The highways ministry and the government of various states across the country join hands together for the betterment of the roads in their states hit by the Naxals. Propose plans worth thousands of crores.

RBI Credit Policy: Interest Rates May Not be Cut to Promote Growth

RBI Credit Policy: Interest Rates May Not be Cut to Promote Growth

The RBI said in its policy review that it will not cut interest rates in order to promote growth.

Imphal: Capital Rocked by Militants, Attacking the Manipur Speaker’s House

Imphal, January 23 2012: On Sunday evening, militants attacked the Congress candidate with an IED blast. One person was killed and two were injured in the incident. The blast happened near the gate of the Manipur Assembly Speaker Irengbam Hemochandra Singh’s residence, at Singjamei in Imphal West. Singh is contesting the assembly election on a [...]

Home Ministry Flags Down UIDAI Plan to Increase Enrollment

Utter confusion seems to be prevailing in the govt. over the approval to UIDAI to increase the enrollment numbers from the present 20 crore. The Home Minister seems to have internal security concerns and the Planning Commission along with Nandan Nilekani are trying to allay them.

Angry Youth Harvinder Singh Slaps Sharad Pawar:Latest Social Networking Viral

Angry Youth Harvinder Singh Slaps Sharad Pawar:Latest Social Networking Viral

Agriculture Minister, Sharad Pawar was slapped by a youth at a public function. Harvinder Singh, the youth who slapped the minister claims that he was angry with corruption and price rise.
Harvinder Singh, a transporter in thirties slapped 71-year old Sharad Pawar at a public auditorium on Parliament Street. Sharad Pawar was moved by the unexpected [...]

Lt. Gen SK Singh Takes Over as the New Army VC

Lt. Gen SK Singh Takes Over as the New Army VC

Indian Army’s second senior-most officer, Lt Gen Shri Krishna Singh was appointed as the new vice chief of the army. After India’s last full-fledged war in 1971, he is the first officer to hold a generational change of this post. Lt Gen Singh took take over from Lt Gen Avtar Singh Lamba who retired after [...]

Vodafone India Announces Launch of its Apps Store

Vodafone India Announces Launch of its Apps Store

The telecommunications services provider, Vodafone India plans to commence its new Vodafone Mobile Application Store. The new apps store will be powered by Appia and will serve Vodafone India’s over 145 million subscribers. Over 10,000 free and paid applications will be provided for many handsets across major mobile operating systems including, Java, Android, Symbian and [...]

Bihar Chief Minister appoints Lokpals in 12 districts

Bihar Chief Minister appoints Lokpals in 12 districts

The first such move in the country, Nitish Kumar-led Bihar government has initiated Lokpal movement in the state and appointed 12 Lokpals. There were many inconsistencies reported, pertaining to the functioning of the in MG-NREGA wage distribution system. Twelve districts of Bihar have got Lokpals who will work to tackle frauds in the implementation of [...]

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