Thursday, February 14, 2008

Today's Top Headlines - IndiaeNews.com

Today's Top Headlines - IndiaeNews.com

Sri Lanka court flays indiscriminate arrest of Tamils

Posted: 14 Feb 2008 04:32 AM CST

Sri Lanka's Supreme Court has rapped the police for indiscriminately arresting Tamils in drives meant to nab Tamil Tiger suspects or their collaborators.

Yahoo! India sacks 45 people for poor show

Posted: 13 Feb 2008 11:32 PM CST

Yahoo! India, the Indian subsidiary of the global search engine and news portal Yahoo! Inc., has sacked 45 employees across various levels for their poor performance.

IT sector layoffs unrelated to economic slowdown: CEOs

Posted: 14 Feb 2008 06:09 AM CST

IT companies worldwide have institutionalised the tradition of weeding out inefficiencies and non-performance and there was nothing new with layoffs in this key sector in India, top IT CEOs have said.

Bollywood celebrates Valentine's Day in myriad ways

Posted: 14 Feb 2008 04:32 AM CST

From visiting cancer patients and holding special movie screenings to flirting and sipping wine, Bollywood stars had various interesting plans for Valentine's Day celebrations.

Punj Lloyd to build $282-million resort in Singapore

Posted: 14 Feb 2008 03:00 AM CST

A subsidiary of engineering construction firm Punj Lloyd Ltd, Sembawang Engineers and Constructors Ltd (SE and amp;C), has bagged a contract to set up a resort in Singapore from Asia's leading resorts developer Las Vegas Sands Corp's affiliate Marina Bay Sands Ltd.

Investors' meet begins at Jabalpur Friday

Posted: 14 Feb 2008 06:30 AM CST

As many as 309 investors have agreed to participate in the two-day Investors' Meet, slated to be inaugurated at Jabalpur Feb 15 by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.

IPL run by businessmen: Kapil

Posted: 14 Feb 2008 09:32 AM CST

India's cricket legend Kapil Dev has said that the Indian Premier League is run by businessmen unlike his Indian Cricket League (ICL) which is managed by cricketers.

Emperor Ashok's fate depends on 'Jodhaa Akbar'

Posted: 14 Feb 2008 06:12 AM CST

Box office stakes are high on 'Jodhaa Akbar', the period drama featuring Hrithik Roshan and Aishwarya Rai, which will hit the theatres Friday.

Mumbai gets back to business after Thackeray arrest drama

Posted: 14 Feb 2008 02:01 AM CST

India's financial capital was quiet Thursday with people going about their business as usual, a day after tension spiralled following the arrest of Maharashtra Navnirman Sena (MNS) chief Raj Thackeray.

From dance bar girls to business escorts

Posted: 13 Feb 2008 11:32 PM CST

They used to entertain at Mumbai's dance bars. But after the government clamped down on these homegrown pubs on moral grounds three years ago, many bar girls have taken to playing business companions and wives for a fee.

Karnataka woos private investment to boost tourism

Posted: 14 Feb 2008 10:01 AM CST

To catch up with the neighbouring states like Kerala and Goa in attracting tourists, Karnataka Thursday pitched for private investment in its fledgling tourism sector.

Raj Thackeray apologises for man's death in violence

Posted: 14 Feb 2008 12:02 PM CST

Maharashtra Navnirman Sena (MNS) chief Raj Thackeray Thursday apologised for the death of a man in Nashik in violence that followed the leader's arrest Wednesday. But Thackeray denied any role of his supporters in the killing.

HDFC Bank inks IT compliance deal with Symantec

Posted: 14 Feb 2008 10:01 AM CST

One of India's leading private banks, HDFC Bank, has entered into a $7.4 million, three-year agreement with software company Symantec Corp for IT compliance, enterprise security and storage management solutions.

Ogilvy to plan strategy for Jaipur's IPL Team

Posted: 14 Feb 2008 05:03 AM CST

Emerging Media, franchise owners of Team Jaipur to compete in the Indian Premier League (IPL), has appointed Ogilvy Group to provide the communication strategy to build the positioning and reputation for the team.

Industry chamber welcomes oil price hike

Posted: 14 Feb 2008 10:02 AM CST

Venugopal N. Dhoot, president of the Associated Chambers of Commerce and Industry of India (Assocham) Thursday welcomed the government's decision to hike petrol and diesel prices by Rs.2 and Re.1 a litre.

Power Finance Corp to raise $4 bn to fund projects

Posted: 14 Feb 2008 12:01 PM CST

Power Finance Corp (PFC), a dedicated power sector financing institution, will raise $4 billion from the domestic market in 2008-09 to fund several power projects in the country.

India's cabinet approves hike in transport fuel prices

Posted: 14 Feb 2008 05:02 AM CST

India's cabinet Thursday gave its approval to a hike of Rs.2 per litre on petrol and Rs.1 per litre on diesel to ease the burden on oil firms, even as Left parties called for nationwide protests against the move.

No 'Jodhaa Akbar' show in Rajasthan on Friday

Posted: 14 Feb 2008 10:02 AM CST

The much-awaited period film 'Jodhaa Akbar', facing protests from a section of Rajputs who allege the film distorts historical facts, will not be released in Rajasthan as theatre owners fear violence.

I-League title race poised for exciting finish

Posted: 13 Feb 2008 11:32 PM CST

India's inaugural I-League football tournament is heading for an exciting finish. With two rounds remaining, Goan clubs Dempo and Churchill Brothers are tied at the top with 32 points, but the former have a better goal difference.

Results and standings of I-League after 16th round

Posted: 13 Feb 2008 11:33 PM CST

The following are the results and standings of the I-League football after the conclusion of the 16th round. The standings have been tabulated under matches played, won, draw, loss, goals for, against, difference and points.

Indian equities open strong on global cues

Posted: 14 Feb 2008 12:01 AM CST

Indian equity markets opened with a sizeable gain of over 300 points Thursday on the back of strong cues from Asian peers, with stocks of power, realty and metal companies leading the rally in initial trades.

Kerala farmers call for a national body under Congress

Posted: 14 Feb 2008 01:30 AM CST

A Kerala farmers' organisation owing allegiance to Congress has called on the party to set up a similar body at the national level saying that its absence is leading to emergence of regional farmers' movements.

Tata Industries, Boeing to form JV in India

Posted: 14 Feb 2008 06:12 AM CST

Tata Industries Ltd (TIL) will form a joint venture company with aerospace giant Boeing Co to work in the $500-million defence-related aerospace sector in India and also supply Boeing's international customers.

Delhi to get more money for infrastructure in 2008-09

Posted: 13 Feb 2008 11:31 PM CST

With elections for the Delhi legislative assembly round the corner, budget allocations for urban development, health, education, tourism and senior citizens will get a boost in 2008-09.

BHEL wins largest-ever equipment supply contract from ONGC

Posted: 14 Feb 2008 07:00 AM CST

State-owned power equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs.2-billion oilfield equipment supply order from Oil and Natural Gas Corp Ltd (ONGC), the biggest ever from the petroleum major, BHEL said Thursday.

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