Wednesday, January 30, 2008

Today's Top Headlines - IndiaeNews.com

Today's Top Headlines - IndiaeNews.com

Central government verdict on Cauvery water dispute soon

Posted: 30 Jan 2008 08:32 AM CST

The central government will soon issue an order to resolve the dispute over the sharing of the Cauvery water among southern states, Water Resources Minister Saifuddin Soz said Wednesday.

Sri Lanka: Where journalists live dangerously

Posted: 30 Jan 2008 12:30 AM CST

Sri Lankan journalists are going through a trying period. Government leaders are taking a hard line on media freedom, with even senior media persons facing death threats and murderous assaults.

Tata Consultancy wins $200 mn Canadian contract

Posted: 30 Jan 2008 12:01 AM CST

Tata Consultancy Services (TCS) Wednesday said one of its subsidiaries, Diligenta, has won a contract worth over $200 million to support business process outsourcing (BPO) services for Canada-based Sun Life Financial.

Border row raked up before prime minister's Arunachal visit

Posted: 29 Jan 2008 11:30 PM CST

The border row between India and China is once again in the news ahead of Prime Minister Manmohan Singh's two-day visit to the frontier state of Arunachal Pradesh beginning Thursday.

Public sector executives to get pay bonanza

Posted: 30 Jan 2008 07:02 AM CST

The Indian government has agreed to merge the industrial dearness allowance (IDA) of executives and supervisors of profit-earning central public sector enterprises (CPSE) with their basic pay, with retrospective effect from Jan 1, 2007.

Radio station to hold music talent hunt

Posted: 30 Jan 2008 02:30 AM CST

Are you passionate about music? Do you have a band that plays Hindi songs? If yes, then here's your chance to prove your mettle through a new talent hunt on radio.

All party meet to decide on Karnataka polls

Posted: 30 Jan 2008 04:31 AM CST

In the wake of a political row, the government will soon convene an all-party meeting to decide if assembly elections in Karnataka should be held before or after redrawing the country's state and parliamentary constituencies.

Tamil Nadu tells MRF to settle labour dispute in a week

Posted: 30 Jan 2008 08:33 AM CST

The Tamil Nadu government Wednesday told tyre maker MRF Ltd that it would take over its plant if the company did not reopen the unit in north Chennai within a week.

India beat Belgium 2-1 to win hockey Test series

Posted: 30 Jan 2008 09:30 AM CST

India scraped their way to a 2-1 win over Belgium in the fourth hockey Test match for their third consecutive win to clinch the series at the Mayor Radhakrishnan Stadium here Wednesday.

Essar Oil seeks to raise $2 billion

Posted: 30 Jan 2008 01:00 AM CST

The Ruias promoted Essar Oil will soon seek an approval of shareholders to raise $2 billion to fund its activities, including expansion of existing refining capacity and hydrocarbons exploration and production.

Indian equities open lower after interest rate freeze

Posted: 29 Jan 2008 11:30 PM CST

Indian equities opened lower Wednesday, a day after the quarterly review of the monetary and credit policy by the Reserve Bank of India (RBI), as sentiments were dampened by the status quo on interest rates.

Maytas Infra earns Rs.323 million profit

Posted: 30 Jan 2008 06:00 AM CST

City-based Maytas Infra Ltd, a leading infrastructure development company, Wednesday announced net profit of Rs.323.6 million ($8.22 million) during the third quarter ended Dec 2007.

Powergrid's net profit rises 13.9 percent

Posted: 30 Jan 2008 08:32 AM CST

Central transmission utility Power Grid Corp of India Ltd (PGCIL) has posted after-tax profit of Rs.3.8 billion ($97 million) in the Oct-Dec quarter of fiscal 2007-08, showing 13.9 percent growth over the corresponding period last year, the company said Wednesday.

Goose Technologies launches risk management product

Posted: 30 Jan 2008 08:32 AM CST

City-based Goose Technologies has introduced Procon, a risk management solution.

Airtel's third quarter profit zooms over 40 percent

Posted: 30 Jan 2008 02:31 AM CST

Bharti Airtel Ltd, India's largest mobile service provider, Wednesday posted a profit of Rs.17.22 billion ($437 million) for the third quarter (Oct-Dec 2007) of the current fiscal, an increase of 42 percent from the same period last year.

East Bengal-Air India match a goalless draw

Posted: 30 Jan 2008 11:00 AM CST

East Bengal and Air India settled for a goalless draw in a listless tie of the I-league here Wednesday.

Scenic France beckons Indian moviemakers

Posted: 30 Jan 2008 01:00 AM CST

Ile de France Film Commission, now in India for the Rendezvous with French Cinema in India programme, has laid out elaborate plans to woo Indian moviemakers to shoot their productions on any of around 1,000 locations in France.

Digvijay dares Mayawati to withdraw support

Posted: 30 Jan 2008 11:00 AM CST

Senior Congress leader Digvijay Singh Wednesday dared Uttar Pradesh Chief Minister Mayawati to withdraw support to the United Progressive Alliance (UPA) government.

Organ transplant act to be tabled in parliament for review

Posted: 30 Jan 2008 03:00 AM CST

Health Minister Anbumani Ramadoss Wednesday said the Human Organ Transplant Act would be tabled in the coming session of parliament for review and to make it more strict and people oriented.

Bengal wants CRPF in Nandigram till panchayat polls

Posted: 30 Jan 2008 08:32 AM CST

The West Bengal government Wednesday said it wanted the Central Reserve Police Force (CRPF) units to remain deployed in trouble-torn Nandigram till the panchayat elections around the middle of this year.

Kalam to attend first board meeting of Nalanda university

Posted: 30 Jan 2008 03:00 AM CST

A plan of action for setting up the ambitious Nalanda International University modelled after the famed ancient seat of Buddhist learning in Bihar is set to be chalked out during the first board meeting in February, an official said Wednesday.

Kerala IT firm wins aviation award for its product

Posted: 30 Jan 2008 07:02 AM CST

Technopark headquartered IBS Software, a leading provider of IT solutions to the global travel, transportation and logistics industry, was declared the winner of the 'Emerging Cargo IT Systems Provider of the Year' award.

Chowrasia sets the pace at Solaris Chemtech Open Golf

Posted: 30 Jan 2008 09:00 AM CST

Shiv Shankar Prasad Chowrasia seems to be priming for the big challenges as he raced into lead with a magnificent five-under-par 67 on the opening day of the Solaris Chemtech Open Golf Championship at the Golden Greens Golf Course here Wednesday.

'Private equity funding to touch $48 bn by 2010'

Posted: 30 Jan 2008 03:00 AM CST

Investment by overseas private equity funds is set to touch $48 billion in India by 2010, from $17.14 billion last year, even as the country has established an edge over China in this industry, says a new study.

Deported from Gulf, they face bleak future back home

Posted: 30 Jan 2008 09:30 AM CST

'Any sum you give me for my mobile phone and TV will help me reach home. Not only am I broke, but also have returned penniless after spending a year in prison,' a man deported from Dubai said at the airport here.

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