Category: BUSINESS

BJP leader and chairman of the Public Accounts Committee of the Parliament — which examines the revenue and expenditure of the government — Murli Manohar Joshi has urged the petroleum ministry to reply to the draft report of the Comptroller and Auditor General of India (CAG) as soon as possible. He questioned the statement by […]

LG Optimus 2X is fast emerging as the most affordable dual-core, large-display multimedia phone. The Optimus 2X, the country’s first dual core phone, seems to be finding a spot just below the technically most advanced phones in the market today — the Samsung Galaxy S2 and the HTC Sensation. While the above two are beefier […]

The investigation into the murder of the crime journalist J Dey seems set to be handed over to the Central Bureau of Investigation (CBI) after the Maharashtra home minister RR Patil said the police have not been unearth any clues in the investigation so far. “The criminals have not left any evidence for us to […]

Dynamix Balwas Realty, the mainstay of the Balwa business family, has denied media reports that its property is being attached by the government in connection with the ongoing 2G scam probe. It pointed out that the DB Realty as a firm was not involved in the alleged scam and it is only one of the […]

Three days after competitor Futurebazaar.com opened booking for the blackberry playbook, India’s premier digital e-tailer Letsbuy.com too has started offering Blackberry Playbook on its site. The entry model, with 16 GB of onboard memory, has been priced at around Rs 28,000 while the 32 GB model will cost Rs 32,990 and 64 GB will set […]

The Congress side-stepped the controversy over general secretary Digvijay Singh’s comments that Rahul Gandhi is ready to take over the post of the Prime Minister. Party spokesperson Jayanti Natarajan said she saw Rahul Gandhi as the future leader of India, but “Manmohan Singh is our prime minister.” The clarification came after reports that even Rahul […]

The withdrawal of the two Supreme Court judges hearing the Kanimozhi bail plea has once again raised questions about the safety of senior judges who deal with ultra-sensitive cases. The two judges, Justices P Sathasivam and AK Patnaik, withdrew themselves from the case just one working day before Kanimozhi’s bail plea was supposed to be […]

The petroleum minister Jaipal Reddy has refused to respond to the points raised by the draft CAG report, but ridiculed the BJP leader Murli Manohar Joshi for being a “headline hunter.” “I would not like respond to the points raised in the draft report. We are to give considered replies,” he said. On the issue […]

The last ten days have been a treat for those looking to upgrade their phone to the latest and greatest in India — seeing the launch of the best of HTC, Apple and Samsung. The three phones represent the next generation of big-screened phones that are unabashedly geared towards media, media and more media. Unlike […]

Petroleum minister Jaipal Reddy has said that the file of the Cairn-Vedanta deal has been sent to the Cabinet for approval. “The group of ministers have given their recommendation.. What the recommendation is, I cannot tell you. But it has been sent to the Cabinet for its final decision.. It has gone to the Cabinet,” […]

India Against Corruption, the grand alliance of NGOs and activists leading the struggle for a strong Lokpal bill, the campaigners welcomed the government’s move to hold an all-party meet on the bill. “We have always been asking for more and more inputs into the process,” pointed out Prashant Bhushan, one of the five representatives of […]

Salman Khurshid, current water resources minister and the former minister in charge of corporate (company) affairs, has denied that his former ministry gave a clearance to Loop Telecom and Essar over the violation of telecom ownership rules. His clarification has come in the wake of Loop Telecom, one of the firms being probed by the […]

An improvised explosive device, a sort of a crude bomb, has been found in the Kanchenjunga Express at the Guwahati railway station in Assam. Police described the device as “powerful” programmable timer device, planted inside a tiffin carrier. The police have disabled the bomb. The bomb was found at the peak hour on the station. […]

If the Congress is in a mood to share some of the flak for ‘blocking’ a strong Lokpal through an All Party meet, the opposition seems to be in no mood to share the burden of resisting an increasingly focused anti-corruption movement. The Congress, after a brainstorming session of the top leaders at the PM […]

Former Water Resources minister and Congress leader Saifuddin Soz has urged the Government of India to push for a joint committee to the activities on the Chinese section of the Brahmaputra. Soz said that he has noted the assurance of the foreign minister SM Krishna on the matter, but would still prefer to have a […]

Santosh Hegde, Karnataka Lokayukta and one of five people representing the people’s movement against corruption on the Lokpal panel, has again reiterated his stand that the issue of the Prime Minister’s inclusion under the Lokpal may be a diversion tactic. He pointed out that the way the Congress and the Government have suddenly highlighted the […]

India Against Corruption, the umbrella body led by Anna Hazare fighting for the creation of a strong Lokpal, has called the current controversy over the inclusion of the Prime Minister under Lokpal authority a diversionary tactic and a trap. The organization, on its facebook page, called it a red herring — a diversionary tactic used […]