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Wed, 18 May 2011

Why entrepreneurs are dumping US; Start-up Visa may help w - Economic Times

The Start-up Visa, a new bill that is being considered by the US Congress, may yet save immigrant entrepreneurship in the US.

US Start-up Visa: Why entrepreneurs are dumping Dollar dreams w - Economic Times

Better prospects at home and flawed US immigration policies are driving out entrepreneurs from Silicon Valley. At last count, 150,000 of them have returned and only a new startup visa can save immigrant entrepreneurship.

Rajinikanth undergoes dialysis, shifted to ICU w - Economic Times

Actor Rajinikanth's condition worsened on Wednesday with doctors putting him through dialysis at a Chennai hospital, two days after he underwent a procedure to drain fluid accumulated in his lungs.

Citigroup gives Vikram Pandit $16.6 mn retention bonus w - Economic Times

Citigroup will give Pandit $10 million worth of deferred stock if he achieves certain non-financial goals, according to the filing.

Air India scheme triggers airfare war w - Economic Times

National carrier Air India's promotional scheme offering reduced fares has triggered a price war among airlines, bringing cheers for holiday travellers

Job scam: 1,500 from north India cheated w - Indian Express

Around 1,500 youths from Bihar, UP and other parts of north India were cheated by fraudsters who promised them jobs in the Maharashtra forest department.

Online investing can save you many worries w - Economic Times

Websites offer tools to make, track MF investments, doing away with the need for distributors and physical documents.

One-in-14 software downloads malicious: Microsoft w - Economic Times

Microsoft on Wednesday warned that hackers use mind tricks more often than software skills to get viruses into computers.

Reliance-ADAG to invest $5-10 billion in Indonesia w - Economic Times

The investments would be made in various sectors ranging from infrastructure, railways, power plants, mines, financial sector, media and entertainment business.

Yahoo pays $28mn for unprofitable online ad service w - Economic Times

Yahoo has bought an unprofitable online advertising service called 5to1 Holding Corp. for $28 million as part of an effort to revive its revenue growth.

Bajaj Auto net trebles on one-time gain in Q4 w - Economic Times

Bajaj Auto, India's second-largest motorcycle maker, said on Wednesday that its fourth quarter profit nearly tripled on the back of a one-time gain.

Reliance trying to settle insider-trading case again w - Economic Times

RIL has been trying to settle the case through plea bargaining or a consent order but its negotiations with SEBI have not made any headway.

Govt probes S'pore co Speak Asia for Ponzi scam w - Economic Times

Investor protection groups say Singapore company seems to be running a Ponzi scheme in India.

Rana trial may show links with India’s wanted w - Indian Express

The ongoing trial of Pakistan-born Tawahhur Rana in Chicago in connection with the 26/11 Mumbai attack is interesting not just for the ISI links it may reveal.

Sensex at 2-mth low on rate hike, crude fears w - Economic Times

Sensex fell for the third straight day to its lowest close in nearly two months as investors fret over rising interest rates and higher fuel prices.

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ET NOW: India's No 1 business channel w - Economic Times

In less than two years since its launch, ET NOW has achieved the No. 1 position in the business news segment with a 42% market share against arch rival CNBC TV-18's 39%.

Pacnet launches international gateway w - The Hindu

Plans $150 m investment in the next two to three years

We are proud of our record at home: Dhoni w - The Hindu

After winning their seventh consecutive match at the Chepauk, skipper Mahendra Singh Dhoni stated that this is a record that the team is “proud of.”“Our record at home is...

‘Forged’ RTI, FIR: mud flies over JandK civil service exam results w - Indian Express

Afzal Guru’s brother, ranked 28th in Mains, among those who miss out.

Raja asked for crores from Tatas for hospital in constituency, got nothing w - Indian Express

A Raja wrote a series of letters to Tata Sons Chairperson Ratan Tata and other officials.

In Cabinet today: new way to measure the poor, sync it with caste census w - Indian Express

The government has identified 6.52 crore BPL families that avail of foodgrains.

PC owns up for Pak list goof-up: It was an error w - Indian Express

Union Home Minister P Chidambaram took “responsibility” for the “mistake”.

Brazil woman becomes world's oldest person at 114 w - Reuters

RIO DE JANEIRO (Reuters) - A Brazilian great-great grandmother, Maria Gomes Valentim, is the world's oldest living person at the age of 114 and 313 days, Guinness World Records on Wednesday.

He said 70-foot, not 74 mounds, but Cong quietly buries ‘dead bodies inside’ w - Indian Express

Rahul Gandhi’s party managers said that he had been misquoted.

Why ‘Rahulji thoda confuse ho gaye honge’ w - Indian Express

Hazari Lal said the ash heaps were remains of stacks of cowdung cakes.

MLAs' fortunes grow more than all other investments w - Times of India

An analysis of assets of MLAs shows growth in their assets is more than what investing in gold, mutual funds or fixed deposits would yield.

Hall tickets for distance education exams found scattered w - The Hindu

The candidates of distance education programmes have found to their dismay hall tickets meant for the annual examinations lying scattered on the premises of the Government Arts College at Tindivan...

Noida just the start, will fight from every UP village: Rahul w - Indian Express

Calls for judicial probe into ‘atrocities’, says his only votebank is the poor.

Bhatta-Parsaul just the start, will fight from every UP village: Rahul w - Indian Express

Calls for judicial probe into ‘atrocities’, says his only votebank is the poor.

Nod for wholesale foodgrain market w - The Hindu

The Chennai Metropolitan Development Authority (CMDA) has granted planning permission for the construction of a Wholesale Foodgrain Market in Koyambedu. The construction on an area of 15.5 a...

Theni to house India-based Neutrino Observatory w - The Hindu

Finally, the India-based Neutrino Observatory (INO), a multi-institutional effort to build a world class underground laboratory, at a cost of Rs. 1,260 crore, to study neutrinos in the atmosphere,...

CENTAC applications from May 25 w - The Hindu

Forms will be available in select post offices in all four regions

Pawnshop owner found dead w - The Hindu

A pawnshop owner Shanmugham (75) was found dead, with his hands and legs tied and mouth gagged, in a room located on the first floor of a shop situated on Rajaji Road at Panruti on Wednesday.

Mobile hacking: Sales of security software to grow 50% per yr w - Economic Times

Hackers are aiming attacks at smartphones, touching off a race among software cos seeking to cash in on ways to help consumers protect themselves.

US pushes for start-up visa to retain immigrant entrepreneurs w - Economic Times

Senators, venture capitalists and Silicon Valley, which is gasping for talent, are pushing govt to keep immigrant entrepreneurs back in the US.

Rangasamy inspects beach w - The Hindu

Chief Minister N. Rangasamy on Wednesday inspected the beach beautification work, undertaken by the Tourism Department. Officials said that he had asked them not to plant big trees along the...

ECB rejects Greek debt revamp in policy clash w - Economic Times

European Central Bank officials ruled out a Greek debt restructuring, clashing with political leaders over a solution to the sovereign financial crisis.

NAC's Working Group drafts note on land acquisition w - The Hindu

A Working Group (WG) set up by the Sonia Gandhi-led National Advisory Council (NAC) has drafted a detailed note on land acquisition and relief and rehabilitation which seeks not only to go beyond...

A bigger, better Education Plus Career Fair w - The Hindu

This year's Education Plus Career Fair promises to be, for every student standing at the portals of higher education, the ultimate guide to future courses and careers.In its seventh edition...

India to prospect for oil, gas in Uzbekistan w - The Hindu

India moved a step closer in its quest for energy from Central Asia with the signing of pacts to prospect for oil and gas in Uzbekistan.India has already bagged a share in the Caspian Sea b...

Investors can place bids in IPOs/FPOs at discount w - Economic Times

Sebi's differential pricing will help retail investors bid for more shares, and do away with refund process.

Pakistan's fourth nuclear reactor has India worried w - Times of India

Pak is internationally acknowledged to have a nuclear arsenal of 100 weapons but now its focus is on low-yield tactical nuclear weapons.

Woman trampled to death by elephant w - The Hindu

A 25-year-old woman was trampled to death by an elephant early on Wednesday. She was identified as Chimma of Krishnagiri district. Forest officials handed over interim solatium to the family and p...

Techie strangles daughter, hangs himself w - The Hindu

A day after he resigned, Santosh Sarode (31), a software engineer, allegedly strangled his two-year-old daughter before hanging himself to death at his three-bedroom apartment at Kudlu Gate...

India's 'most wanted' man hasn't even been chargesheeted w - Times of India

Thane resident Wazhul Kamar Khan fled the state eight years ago soon after learning that the police suspected his role in the 2003 Mulund blast.

Two killed in accident w - The Hindu

Two persons were killed in an accident involving a motorcycle and a light commercial vehicle near Paalur on Chengalpattu-Kancheepuram Road on Tuesday. According to police, around 3.15...

They make people fall in love with their clothes w - The Hindu

“Back then in late 1940s, we used to get the clothes of British officials, Nawabs and princes with not an iota of dirt on them, and I would look at them admiringly, wondering if they really n...

US slaps sanctions on Syrian president, top aides w - DNA India

The United States sanctioned Syrian President Bashar al-Assad and six senior officials on Wednesday in an escalation of pressure on his government to halt its brutal crackdown on protesters.

Hospital potential yet to be tapped w - The Hindu

Move to convert it into specialised centre for orthopaedics

EB bill collection system in suburbs develops snag w - The Hindu

Residents worried that they will be fined for no fault of theirs

Association thanks Jayalalithaa w - The Hindu

Members of the Tamilnadu Elders Welfare Association have thanked Chief Minister Jayalalithaa for issuing several orders on the first day of taking charge. Requesting her to address certain &...

Quality manpower shortage big blow to booming hotel industry w - Business Standard

The growing hospitality industry has been hit hard by a manpower shortage.

Man's body found in Perungudi w - The Hindu

The body of an unidentified man was found near the Perungudi railway station on Wednesday. On getting the information, the police took the body to the Government Royapettah Hospital for post-mortem...

A history of Chennai in priceless pictures w - The Hindu

Second edition of ‘Madras – its past and its present' released

Lady Gaga ousts Oprah on Forbes celebrity power list w - Reuters

NEW YORK (Reuters) - Flamboyant pop singer Lady Gaga ousted U.S. media mogul Oprah Winfrey to top this year's Forbes celebrity power list released on Wednesday.

Scania to set up assembly unit in Bangalore w - Business Standard

To scale up its presence in India, Swedish truck manufacturer Scania is planning to set up an assembly unit in Bangalore.

Rajinikanth undergoes dialysis, shifted to ICU w - Times of India

Doctors said they couldn't avoid or put off dialysis as Rajnikanth's kidneys were not functioning normally, leading to increased fluid retention.

College admission a hurdle to students with disability w - The Hindu

“Quota for them yet to be enforced stringently”

Bajaj Auto net soars twofold to Rs 1,400 cr w - Business Standard

The country’s second largest two-wheeler maker Bajaj Auto on Wednesday reported an over twofold jump in standalone net profit for the quarter ended March, to Rs 1,400.4 crore.

Jairam gets lesson on Areva reactor behind Finnish line w - The Hindu

After getting a earful about the proposed Areva nuclear reactor from disgruntled farmers in Jaitapur, Union Environment Minister Jairam Ramesh heard a sobering assessment of the Areva's Finn...

Audio guide to attract children to museum w - The Hindu

On International Museum Day on Wednesday, the Government Museum, Egmore, launched facilities aimed at encouraging children to visit the museum. The museum has developed an indigenous a...

Standing at the crossroads w - Business Standard

Even as rivals are chalking out plans to expand, French retail major Carrefour has chosen to go slow in India.

Q&A: Andrew Cripps, President, Paramount Pictures w - Business Standard

Looking at increasing its footprint in India, Paramount Pictures on Wednesday announced a strategic alliance with Viacom 18 to distribute and market their releases across the sub-continent.

Philip Roth wins Man Booker International Prize w - The Hindu

Philip Roth, one of America’s most prolific and controversial novelists, was on Tuesday named winner of the £60,000 Man Booker International Prize awarded every two years for a body of work...

Cricketers do their bit to promote eye donation w - The Hindu

G. Kirankumar is now very optimistic about his performance in school. “So long, I was straining one eye while reading. Now, it should get easier as my vision in the other eye has also been r...

Expect a limited downside from here w - Business Standard

Barring major surprises, the market is likely to remain range-bound over the next quarter, say experts.

US humiliated Pakistan by carrying out Abbottabad operation: Defence secretary w - DNA India

'If I were in Pakistani shoes, I would say I've already paid a price (for terrorist safe havens). I've been humiliated. I've been shown that the Americans can come in here and do this with impunity, Robert Gates said.

AI plan to shift staff may save 50% on pay w - Business Standard

Air India’s (AI’s) plan to shift employees to its proposed strategic business units (SBUs) will bring down its annual salary burden by almost half to Rs 1,569 crore.

Raman Singh writes to Prime Minister on Binayak Sen w - The Hindu

Unhappy over the inclusion of human rights activist Binayak Sen in the Steering Committee on Health by the Planning Commission, Chhattisgarh Chief Minister Raman Singh has conveyed to Prime...

Saha sets up Chennai's ninth win in IPL w - Reuters

CHENNAI (Reuters) - Wriddhiman Saha hit an unbeaten 33-ball 46 to set up a 11-run win for champions Chennai Super Kings against Kochi Tuskers Kerala that took them to the top of the Indian Premier League (IPL) table on Wednesday.

Arrest at Cochin airport: police probe LTTE links w - The Hindu

The Crime Detachment Wing of the Aluva Rural Police has launched an investigation into the antecedents of a suspected former LTTE combatant who was arrested from the Cochin International Airport h...

Rajinikanth shifted to Intensive Care Unit w - DNA India

The Tamil superstar's family had last week dismissed reports that his health had deteriorated.

Engineering counselling will be ‘close race' this year w - The Hindu

Same cut-off marks scored by unusually more number of students

India-Africa trade to reach $70 bn by 2015 w - Business Standard

This summer it is destination Africa for India Inc.

Rajinikanth shifted to ICU w - The Hindu

Actor Rajinikanth, undergoing treatment at the Sri Ramachandra Medical Centre here, was shifted to the intensive care unit on Wednesday to improve his breathing pattern, according to hospita...

Consumer price index rise in April, at 6%, the same as in March w - Business Standard

The new consumer price index launched this February was 106 points in April (base 100 of 2010), the same level as witnessed in March.

Now, resentment brewing in Bhavnagar w - The Hindu

As the Gujarat unit of the “India Against Corruption” movement is preparing for the coming visit to Ahmedabad of social activistAnna Hazare and his supporters on May 26, resentme...

JPC examines NDA govt's telecom files w - Business Standard

The Joint Parliamentary Committee (JPC) on telecom licensing issues is digging into the old telecom files dating back to the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government.

TNAU presents proposals on increasing yield of 19 crops w - The Hindu

Tamil Nadu Agricultural University has presented proposals to the Agriculture Minister for increasing the yield of 19 crops.Vice-Chancellor P. Murugesa Boopathi told The Hindu that t...

Multiple agencies to assess accreditation eligibility of institutions mooted w - The Hindu

Multiple agencies that will assess the accreditation eligibility of higher education institutions on the basis of a set of “proxy parameters” should be the way forward for quality assu...

New leadership coming at Rail Bhavan, but no big change expected w - Business Standard

With Trinamool Congress (TMC) chief Mamata Banerjee’s landslide victory in West Bengal, the Union railways ministry is set to have a new minister soon and a revamped board.

Bureaucracy getting greener alternatives w - Business Standard

After working with the government for 15 years, Atul Gupta quit the cushy job in 2005 to take up a more challenging role as a director at Deloitte, the global consultancy firm.

NDA telecom policy: JPC to summon Sorabjee w - Indian Express

The Joint Parliamentary Committee on the 2G Spectrum scam got down to business by starting to examine the migration package.

PowerMin for temporary ban on coal e-auction w - Business Standard

Wants to utilise huge pile-up of fuel stocks in Coal India’s mines.

Lonely Bhardwaj has a new friend: Yeddyurappa w - Indian Express

Acknowledges BJP’s majority, says ‘no one has contacted’ from Delhi.

Superseded co-operative bank claims marked progress w - Business Standard

The Maharashtra State Cooperative Bank (MSC), whose board was superseded 11 days earlier, had actually improved its numbers substantially over the past year.

Firing, a message for Dawood Ibrahim & Co? w - DNA India

The shooting at Pakmodia Street, the den of the underworld don, on Tuesday night has left several question unanswered.

Was Tuesday's firing a message for Dawood Ibrahim? w - DNA India

The shooting at Pakmodia Street, the den of the underworld don, on Tuesday night has left several questions unanswered.

Banks' deposit growth continues to decline w - Business Standard

Deposits of scheduled commercial banks continue to decline since the beginning of the current financial year, as banks repay the huge deposits they picked up towards the end of March to meet annual targets.

SBI readies itself for clean-up act w - Business Standard

Bank scrip loses an additional 2.5% on the Bombay Stock Exchange.

Murder case registered in 2003 solved w - The Hindu

The Crime Branch CID police on Tuesday has detected a murder for gain case reported in Katpadi (Vellore district) in 2003. According to a press release, G. Susheela of Tiruvallur Nagar was...

Sony finds security flaw, takes down website w - Reuters

NEW YORK (Reuters) - Sony Corp said it discovered a security flaw on one of the websites set up to help the 77 million users affected by April's massive data breach reset their passwords.

Actress detained at Mumbai airport w - The Hindu

Customs officials on Wednesday detained and interrogated Bollywood actress Minissha Lamba at the Chhatrapati Shivaji International Airport here after she walked through the green channel without d...

Puducherry AIADMK MLAs call on Jayalalithaa w - The Hindu

A. Anbalagan was elected leader of the All India Anna Dravida Munnetra Kazhagam Legislature Party in Puducherry, here on Wednesday. The meeting of the newly elected AIADMK members took place...

India ranked 32nd on IMD list w - The Hindu

India has been placed at the 32nd position, on the list of 59, in terms of world competitiveness by the International Institute for Management Development (IMD), the second best performer af...

Retail investors get more leeway in public offers w - Business Standard

Retail investors will soon be able to apply for more shares in public issues with the same amount of money.

Rajendran posted as Intelligence chief w - The Hindu

State reverses order issued on Monday

No sign Pakistan knew bin Laden whereabouts - U.S. w - Reuters

WASHINGTON (Reuters) - Top U.S. defense officials said on Wednesday there was no evidence Pakistan's leadership was aware that Osama bin Laden was in their country before a U.S. military raid killed him, and they cautioned against punitive action against Islamabad over the incident.

Govt to plug black money loophole in infra debt funds w - Business Standard

Strong checks on end use of funds, bond sales proposed.

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