Tuesday, January 22, 2008

Today's Top Headlines - IndiaeNews.com


Rahman works his magic again in 'Jodhaa-Akbar'

Posted: 21 Jan 2008 11:31 PM CST

Film: 'Jodhaa-Akbar'; Music Director: A.R. Rahman; Lyricist: Javed Akhtar; Singers: A.R. Rahman, Bela Shende, Mohammad Aslam, Bonnie Chakraborty, Javed Ali, Madhushree, Sonu Nigam; Ratings: ***1/2

Bloodbath continues at Indian stock markets

Posted: 22 Jan 2008 01:02 AM CST

Trading was halted at Indian stock markets Tuesday as key indices registered steep falls of over 10 percent minutes after the opening bell but the benchmark index staged a weak recovery after the markets reopened at 10.55 a.m.

Tata Ryerson to invest Rs.1 billion at Singur

Posted: 22 Jan 2008 06:00 AM CST

Tata Ryerson Ltd, a joint venture of Tata Steel and Ryerson Inc of US, Tuesday announced that the company would invest Rs.1 billion ($25 million) at the Singur project to supply six critical components of the people's car Nano.

Toni and amp; Guy to set up four hairdressing academies in India

Posted: 21 Jan 2008 11:31 PM CST

Global hairdressing brand Toni and amp; Guy is set to give India's hairstyling institutes a run for their money with its decision to set up four academies in the country by the end of March 2009.

NDTV sells 26 percent stake to NBC

Posted: 22 Jan 2008 11:30 AM CST

US-based media and entertainment company NBC Universal has acquired 26 percent stake in Prannoy Roy's NDTV for $150 million.

NDTV sells 26 pc stake to NBC Universal

Posted: 22 Jan 2008 10:31 AM CST

New Delhi Television Ltd (NDTV) has signed a memorandum of agreement with US-based NBC Universal to sell 26 percent stakes in a unit for $150 million.

'Kadha Parayumbol' continues to sway Kerala

Posted: 21 Jan 2008 11:30 PM CST

The New Year has begun in a low key for Malayalam cinema. Only two new films were released this month - the Jayaraj directed 'Of the People' and the Jayaram starrer 'Novel'. Both the movies received a lukewarm response at the box office.

Agra tense over land acquisition

Posted: 22 Jan 2008 03:30 AM CST

Trouble is brewing around Agra as agitated farmers are holding meetings and demonstrations against land acquisition for the Taj and Ganga expressways, and several new townships to come up along the national highway to Kolkata, Jaipur and Delhi.

Deepa Mehta loves 'excessive work'

Posted: 21 Jan 2008 11:31 PM CST

Canada-based Indian filmmaker Deepa Mehta, who is currently stationed in India, is very busy these days. She has been shooting her Punjabi film 'Heaven On Earth' about domestic violence, starring Preity Zinta in the lead role. The schedule has been hectic, but she has no complaints because she loves 'excessive work'.

Delhi freezes at 2.6 degrees Celsius

Posted: 22 Jan 2008 03:00 AM CST

It was a bitterly cold Tuesday in the national capital with the minimum temperature at 2.6 degrees Celsius, five degrees below normal, and the weather office holding out little comfort with its prediction that the mercury might sink to below 1 degree Celsius in the coming days.

BHEL to build power plant for Reliance Industries

Posted: 22 Jan 2008 09:01 AM CST

State-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL) will set up a 365 MW gas-based captive power plant planned by Mukesh Ambani-promoted Reliance Industries Ltd (RIL) in Maharashtra, BHEL said.

Karnataka truckers call off indefinite strike

Posted: 22 Jan 2008 11:30 AM CST

In a major relief to the IT and BPO sectors, Karnataka truckers Tuesday night called off their two-day-old strike to protest a move for mandatory speed governors that saw over 300,000 commercial vehicles keep off the roads.

Cambridge Technology acquires Q-Soft for Rs.130 mn

Posted: 22 Jan 2008 10:30 AM CST

Cambridge Technology Enterprises (CTE), a leading mid-size IT services provider, announced Tuesday acquiring Bangalore-based Q-Soft Systems and amp; Solutions in an all-cash deal for Rs.130 million ($3.3 million).

Where would power plants' carbon dioxide emissions go?

Posted: 22 Jan 2008 06:30 AM CST

Rapidly increasing energy demand in India - projected to be 448,000 MW by 2020 - would mean huge emissions of greenhouse gas carbon dioxide. A group of experts explored ways here Tuesday whether carbon capture and storage (CCS) could contain the problem.

Markets rebound after steep fall; minister assures investors

Posted: 22 Jan 2008 08:00 AM CST

India's battered stock markets made a sharp recovery Monday after Finance Minister P. Chidambaram reassured investors about the strength of the economy. But most bourses across the world remained deeply in the red on fears of US recession.

Jet, Kingfisher mull stake in Sri Lankan Airlines

Posted: 22 Jan 2008 01:01 AM CST

Naresh Goyal-controlled Jet Airways and Vijay Mallya's Kingfisher Airlines are among a host of carriers looking at acquiring a 43.6 percent stake in Sri Lankan Airlines, aviation industry officials said.

Finance minister advises calm amid market distress

Posted: 22 Jan 2008 02:00 AM CST

Investors should stay calm in the face of steep falls in stock markets because the fundamentals of the country's economy remained strong, India's Finance Minister P. Chidambaram said Tuesday, even as distressed investors crowded the street outside the Bombay Stock Exchange.

Storm in Congress over YSR's Telangana remarks

Posted: 22 Jan 2008 05:31 AM CST

Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy's reported comment, ruling out creation of a separate Telangana state, has triggered a storm in the ruling Congress and caused Telangana protagonists to mount a scathing attack on him.

Sania to lead India's Fed Cup challenge

Posted: 22 Jan 2008 10:30 AM CST

World Number 31 Sania Mirza will lead India's challenge at the Fed Cup tennis, beginning in Bangkok Jan 28.

Subhas Bose was seriously hurt in plane crash

Posted: 22 Jan 2008 11:30 AM CST

In what could be deemed as the official take on the controversy surrounding the 'death' of freedom fighter Subhas Chandra Bose, government documents show that though he was in the ill-fated plane that crashed on Aug 18, 1945, he survived.

Jeev invited to play Augusta Masters in April

Posted: 21 Jan 2008 11:00 PM CST

Jeev Milkha Singh, the first Indian to play at the Augusta Masters will once again hit the greens at the Augusta National Club. The Indian star, who won great accolades for his brilliant performance last year, has been invited for the event again.

I have Sonia Gandhi's permission to lie low: Govinda

Posted: 21 Jan 2008 11:00 PM CST

Actor-politician Govinda, who is going through a rough patch, says that he'd prefer being a good actor on screen to being a real life hero.

Kannada actor-producer Jayamala gets a doctorate

Posted: 21 Jan 2008 11:31 PM CST

Jayamala, well-known Kannada actress and producer of National Award winning films like 'Thaayi Saaheba' and 'Thuttoori', has been awarded a doctorate by Bangalore University for her thesis on rehabilitation programmes for homeless women in the state.

Strict vigil on Kerala borders to check bird flu

Posted: 22 Jan 2008 01:02 AM CST

With bird flu spreading in West Bengal, Kerala has posted a special team of veterinarians at all the 18 entry check posts bordering Tamil Nadu and Karnataka to monitor the entry of poultry products into the state, an official said Tuesday.

'Killi Chundan' is top Malayalam song

Posted: 21 Jan 2008 11:30 PM CST

There has been a minor change in the Malayalam music charts, but 'Killi Chundan' from the movie 'Romeo' retains the top slot.

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