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Tue, 24 May 2011

E-auction of Coal to stay; competitive bidding soon w - Economic Times

E-auction is a major revenue earner for CIL as coal is sold at 80-90% premium over base prices. About 10% of the coal is sold through this electronic auction platform every year.

A.Q. Khan's ‘secret agreement' w - The Hindu

Cable reveals the conditions brokered by a Pakistan court between him and the government for his freedom'

Pakistan's military officers, seen through American eyes w - The Hindu

The 9/11 attack was a Jewish conspiracy, the CIA runs the American media, MI-5 runs the BBC: commonplace conspiracy theories on the Internet and, as a U.S. military officer found out while h...

Daughter's threat, bank's dilemma w - The Hindu

UAE Central Bank wanted legal indemnity for blocking bank account held by A.Q. Khan's daughter

I would give IAEA access to Khan, said Zardari w - The Hindu

Months before he became President of Pakistan, Asif Ali Zardari told the United States Ambassador in Pakistan that if he had his way, he would allow the International Atomic Energy Agency (I...

Subway to replace level-crossing w - The Hindu

A railway level-crossing near Mint Bridge that remains the only entry and exit for residents of over 6,000 households is likely to be replaced by a subway soon.The construction of the subway...

Students can register online with employment exchange at schools w - The Hindu

The government has come out with a scheme of enabling higher secondary students to register themselves online with employment exchanges at their respective schools. This will be lau...

PNB to acquire up to 33% in MetLife India w - Economic Times

Punjab National Bank is close to buying as much as 33% stake in MetLife India that will boost fee income for the staterun bank and provide US insurer with the second-best financial distribution platform in the country.

Punjab National Bank to buy up to 33% in MetLife India w - Economic Times

PNB may buy 33% stake in MetLife India that will boost fee income for the bank and provide the US insurer with the second-best financial distribution platform in the country.

Textile mills cut down production w - The Hindu

Textile mills across the country cut down a third of their production on Tuesday as yarn stocks were increasing and prices going down. The mills had closed for a day on Monday to draw the governmen...

Enhanced aid handed over to 13 fishermen w - The Hindu

The State government's assistance for the fishermen during the season when fishing is banned in the coastal area has been doubled. This was one of the orders signed by Chief Minister Jayala...

Governor's nominations to Bharathiar University Syndicate irk academics w - The Hindu

The nomination of two persons by the Governor of Tamil Nadu to the Syndicate of Bharathiar University has created a sense of disquiet among academics and teachers associations in the State....

AAI tells Madras Flying Club to stop training on Vellore airstrip w - The Hindu

The Airports Authority of India (AAI), Southern Region, has sent a letter to the Madras Flying Club asking it to stop training activities on the Vellore airstrip.In a letter dated May 5 thi...

Apollo Hospitals completes 100 liver transplants w - The Hindu

Apollo Hospitals, Chennai, has completed 100 liver transplantation surgeries, crossing a milestone in the group's own performance, as well as in the larger context of the State and national transp...

State Election Commissioner resigns w - The Hindu

State Election Commissioner Syed Munir Hoda on Monday tendered his resignation, citing personal reasons. The letter of resignation has been accepted by the Governor.The 1976 batch IAS office...

Chief Minister reviews State's financial position w - The Hindu

Chief Minister Jayalalithaa chaired a meeting at the Secretariat here on Tuesday to review the State's financial position.According to an official release, Finance Secretary K.Shanmugham ma...

Study Loading on premium before buying ins policies w - Economic Times

Loading refers to percentage increase in your premium in the event of claim. So, study 'loading' aspect to know how claims could affect subsequent yrs' premium.

Navaneethakrishnan is Advocate General w - The Hindu

A. Navaneethakrishnan, defence lawyer for Chief Minister Jayalalithaa in the ongoing cases against her, has been appointed the Advocate General of Tamil Nadu.V. Sethuraman, S. Gomathinayagam...

PMS gains should be taxed at 15% not 30%: ITAT w - Economic Times

PMS, offered by brokerages and fund houses are sold to HNIs who are willing to take extra risks. PMS industry handles funds worth Rs 20,000 cr for more than 70,000 rich clients.

Investors buy inflation-linked funds in emerging markets w - Economic Times

Asian nations like India, Thailand and Hong Kong are likely to issue a wave of inflation-adjusted debt securities, giving fund managers more opportunity.

DU braces for admission flood w - Indian Express

Delhi University will start its admission process with St Stephen's College will begin selling forms.

DU braces for admission flood, IIT-JEE results come in today w - Indian Express

Delhi University will start its admission process with St Stephen's College will begin selling forms.

Four personnel of highway patrol team placed under suspension w - The Hindu

Four personnel of a highway patrol team, including a Sub-Inspector, have been placed under suspension on charges of dereliction of duty and for having indirectly caused the death of two persons rid...

CAPASC applications from May 30 w - The Hindu

The territorial administration on Tuesday issued the notification for commencement of admission process for arts and science courses in government and government-run society colleges in Puducherry.

Headley planned to infiltrate, attack Shiv Sena w - Times of India

A trial in Chicago on 26/11 reveals David Headley's role in the terror attack, his spying on Shiv Sena headquarters and his links with the ISI.

“Ramanujan had more creativity than most of us do” w - The Hindu

A remarkable feature of Indian mathematical genius Srinivasa Ramanujan was his ability to take small strands of knowledge and expand them into long highways, Bruce Berndt, American mathemati...

Rangasamy resigns as Indira Nagar MLA w - The Hindu

Chief Minister N. Rangasamy on Tuesday resigned as Member of the Legislative Assembly from Indira Nagar constituency and retained the Kadirkamam Assembly segment. Secretary of the Legislative Assem...

Villages lacking in basic amenities: Krishnasamy w - The Hindu

Various village and town panchayats in the State have failed to provide basic amenities such as drinking water and streetlights in the last five years, alleged K. Krishnasamy, founder Puthiya Tamiz...

Curtains down on exciting spice show w - The Hindu

The two-day Summer Festival-cum-Spice Show organised by the district administration and the departments of horticulture and tourism at Gudalur concluded on Tuesday.With more exhibits made o...

Job given to woman who sacrificed tongue to fulfil vow w - The Hindu

Chief Minister Jayalalithaa has given a job to a poor woman, who sacrificed her tongue to fulfil her vow that she would chop off her tongue if Ms. Jayalalithaa became Chief Minister again.A...

Varsity to transform arts, science colleges w - The Hindu

The University of Madras will spearhead a campaign to transform affiliated arts and science colleges through public-private partnership programmes into institutions offering job-oriented training,...

His passion lies in chemistry w - The Hindu

He talks at length about anti-cancer agents and molecular properties, and wonders how nice it would be if all schools encouraged students to approach science with curiosity and passion.&ldq...

Boosting confidence is a must for them w - The Hindu

At a time when toppers are enjoying the limelight, some of their classmates who did not clear the board examinations are busy with the application process for the supplementary examinations. <...>

Gayle, Dhoni, Sangakkara at top of most valuable player pile w - Economic Times

Behind Gayle, Dhoni and Sanga in the MVP list are Lasith Malinga, the tournament's top wicket-taker by some distance, Virender Sehwag, Yusuf Pathan, Shane Watson, Valthaty, Johan Botha and Shaun Marsh.

Do not defer Samacheer Kalvi, say educationists w - The Hindu

The State government should not defer implementation of Samacheer Kalvi, educationists and organisations in support of Equitable Standard School Education said here on Tuesday. Addressing p...

Mariyam Pichai laid to rest with State honours w - The Hindu

The body of Environment Minister N. Mariyam Pichai, who was killed in a road accident on Monday near Padalur in Perambalur district, was laid to rest with State honours on Tuesday.There was...

Probationary Officer held on graft charge w - The Hindu

Officials of the Directorate of Vigilance and Anti-Corruption on Tuesday arrested a Probationary Officer attached to the Directorate of Social Defence here on charges of taking bribe from a woman.<...>

Metro rail stations makeover w - The Hindu

The Chennai Metro Rail Limited (CMRL) has directed its project consultants to evolve an architecture-cum-engineering plan, specific to each of the 32 proposed stations, to develop the neighbourhood...

Corporation told to defer elections w - The Hindu

Town Planning Standing Committee and Ward Committees chief posts vacant

15 shops in complex sealed w - The Hindu

The Chennai Corporation on Tuesday sealed 15 shops in its Lilly Pond shopping complex after miscreants had allegedly entered the shops breaking open the old seals. The shops, on the third fl...

Man held for snatching chain from MLA's wife w - The Hindu

A man who allegedly snatched a gold chain from an MLA's wife after attacking her was apprehended by the police here on Tuesday.According to police sources Kamala Achi (60), wife of All India...

Non-compete fee: SAT rejects Sebi directive w - Economic Times

Securities Appellate Tribunal has upheld E-Land Fashion's appeal against a directive from SEBI to include non-compete fee in its open offer for Mudra Lifestyle.

Court closes plea against Mahatma Gandhi pens w - The Hindu

Sale discontinued, Montblanc and distributor tell court

NSG to include India's request for membership as special agenda item w - The Hindu

However, membership not automatic; a long road of persuading all the members lies ahead

Kaskar driver killing: four held w - The Hindu

Maharashtra Anti-Terrorism Squad (ATS) chief Rakesh Maria confirmed late on Tuesday night that the ATS picked up four persons suspected to be involved in the killing of wanted fugitive Dawood Ibra...

Pranab asks NCPRI to directly forward views on Lokpal Bill w - The Hindu

The NGO had sought clarity on measures such as accountability and efficiency of the Bill

Mamata's surprises keep security forces on tenterhooks w - The Hindu

It has been five days since West Bengal Chief Minister Mamata Banerjee has assumed office and officialdom is in a tizzy. Not to speak of her security staff desperately trying to cope with her unpr...

NAC to discuss land acquisition, relief and rehabilitation w - The Hindu

The other issues are: ICDS, manual scavenging, legal rights for street vendors

Binayak for universal access to healthcare w - The Hindu

Expressing his happiness on being nominated to the Planning Commission's steering committee on Health, human rights activist Binayak Sen said here on Tuesday that he felt that when the State had t...

Canadian pilot arrested at Delhi airport w - The Hindu

Was allegedly carrying a live cartridge in his luggage

Nifty may face stiff resistance around 5600 w - Economic Times

Nifty is likely to face stiff resistance around 5600 and should take support around 5350. Failure to hold 5350 may take Nifty to 5200.

Two Myanmarese sentenced for carrying opium w - The Hindu

The Judge of the Special Court of the Narcotic Drugs and Psychotropic Substances (NDPS), P. Surendra, has sentenced two Myanmarese, who were arrested along with 580 gm of opium. The two, id...

Maharashtra seeks security tie-up with U.S. w - The Hindu

The Maharashtra government has sought the cooperation of the United States in the area of security in the wake of terror threats.U.S. Secretary of Homeland Security Janet Napolitano met Chi...

India in touch with other nations on selection of new IMF chief w - The Hindu

India is in constant touch with several nations on the selection of a new chief for the International Monetary Fund (IMF), Union Finance Minister Pranab Mukherjee said on Tuesday. “Ou...

‘We are firmly with Medha': Shabana w - The Hindu

Concern over 3K clause in the Slum Rehabilitation Act raised at meeting with Chief Minister

Headley experience made us wiser: Rahul Bhatt w - The Hindu

I am being victimised and there seems to be no end to it, says Vilas Varak

Orissa Naxal attack: 9 bodies found, constable missing w - Indian Express

The nine bodies were airlifted to Raipur where a post-mortem was conducted.

Headley involved in ISI-LeT plot to kill Bal Thackeray w - The Hindu

Says Maj Iqbal, Sajid, Pasha, Rana and himself shared their hatred towards Shiv Sena

Pakistan levels series w - The Hindu

Pakistan beat West Indies by 196 runs in the second and final Test to square the series here on Tuesday at Warner Park. Hundreds from Taufeeq Umar and Misbah-ul-Haq followed by purpos...

Locked out of car, Indian Bank CMD slams door on regional head w - Indian Express

Suspended for failing to accord ‘minimum basic courtesies’ to CMD.

Oil jumps 2% on Goldman view; euro rebounds w - Economic Times

Goldman Sachs raised its 12-month price forecast for Brent crude to $130 a barrel, citing global economic growth and tight OPEC spare capacity.

Gambhir injured, may miss IPL game, WI tour w - Indian Express

After an injury in his right shoulder, Gambhir has been ruled out of the crucial eliminator match.

India beats China in internet contribution to GDP w - Economic Times

In India, the internet contributed 5% to GDP growth in the past 5 years compared with the average 3% for Bric economies, says McKinsey study.

In lonely Melur house, mother in dark about son’s arrest in Paris w - Indian Express

A team of investigators from central agencies visited Mohammed Niaz's house in Melur.

Keeping a mistress inflicts mental cruelty on wife: Bombay HC w - Times of India

Section 498A of the Indian Penal Code has a provision that can be invoked against a man and his relatives for subjecting his wife to cruelty.

Jairam take on IIT, IIM faculty unacceptable, says SandT Minister w - Indian Express

BJP’s Rajiv Pratap Rudy too mentioned the number of IIT and IIM achievers to counter Jairam.

Microsoft unveils Windows Phone update 'Mango' w - Economic Times

Microsoft unveiled latest version of its mobile phone software and new handset partners as it seeks to claw back market share from Apple and Google.

ED to attach 'payoffs' to DMK w - Indian Express

The CBI described the Rs 200-crore inflow into Kalaignar TV as "illegal gratification".

Calling 2G scam money ‘proceeds of crime’, ED to attach ‘payoffs’ to DMK, firms w - Indian Express

The CBI described the Rs 200-crore inflow into Kalaignar TV as “illegal gratification”.

Headley’s diary names Pak Army officers, 26/11 attack handlers w - Indian Express

‘Pak Major wanted Mumbai airport hit; initial plan was not to fight till death’.

Apple risks iPad production loss of 500,000 after Foxconn blast w - Economic Times

Apple Inc may face a production loss of 500,000 iPad 2 tablets after the explosion at Foxconn Technology Group's plant in Chengdu, China.

Plotters shifted Mumbai targets - David Headley w - Reuters

CHICAGO (Reuters) - David Headley, the star witness in the U.S. case against the accused planners of the 2008 attacks on Mumbai, said on Tuesday that the list of targets changed as the raids grew near, irritating his Pakistani intelligence contact.

Mahindra Satyam eyes work in Qatar w - The Hindu

Mahindra Satyam on Tuesday announced plans of a major engagement in Qatar's IT transformation and work to meet the growing demand of that country's government, apart from the oil and gas, infrastr...

Bharat Forge does well on auto sector recovery w - The Hindu

A strong growth in domestic automobile sales and pick-up in sales in Europe and the U.S. saw Bharat Forge, leading manufacturer of components for the automotive and industrial sectors, report a 64...

M&M launches Scorpio Ex w - The Hindu

Mahindra & Mahindra (M&M) on Tuesday announced the launch of Scorpio Ex, a new entry-level offering from the Scorpio stable. Powered by a 75 bhp m2DiCR engine, the Scorpio Ex offers great...

Godrej Appliances launches TV range in Chennai w - The Hindu

Godrej Appliances, the flagship division of Godrej & Boyce Mfg. Co., is planning to achieve a market share of 5 per cent in the television market in the next 12 months.Launching the com...

Top-level changes in Sistema Shyam w - The Hindu

Sistema Shyam TeleServices (SSTL) that provides telecom services under MTS brand on Tuesday announced some changes in responsibilities of its top management.Chief Marketing Officer Leonid...

Bharti to invest $1 b in Africa: Mittal w - The Hindu

Consolidating its operations in Africa, Bharti Airtel will invest $1 billion (about Rs.4,500 crore) in the continent to expand its network throughout the 16 countries. “We hav...

CPCL's net profit declines w - The Hindu

Chennai Petroleum Corporation Limited (CPCL), a group company of Indian Oil, could report a sustained improvement in its performance in the year ended March 31, 2011, with the highest ever crude th...

Facing up to financial risks w - The Hindu

The world would like to think that it has put behind it the worst of the biggest financial crisis in 70 years. And yet derivatives, a chief culprit behind the financial meltdown that threatened eco...

FIIs, MFs allowed to hedge risk in corporate bonds w - The Hindu

The Reserve Bank of India on Tuesday came out with a credit default swap (CDS) guidelines that would allow corporate entities, including insurers, FIIs and mutual funds, to hedge risk agains...

Netanyahu says will give up some land for peace w - Reuters

WASHINGTON (Reuters) - Israel is prepared to make "painful compromises" for peace with the Palestinians, including the handover of land they seek for a state, Prime Minister Benjamin Netanyahu told the U.S. Congress on Tuesday.

Be operationally ready, Navy Chief tells commanders w - The Hindu

It comes in the backdrop of attack on Karachi naval base

Murder of youth: MLA surrenders w - The Hindu

Senior Congress MLA Sawna Lakra on Tuesday surrendered before a Jharkhand court in a murder case. Chief Judicial Magistrate Sitaram Prasad ordered 14 days' judicial remand for Mr. Lakra, ag...

Yahoo! launches email service overhaul w - Economic Times

Yahoo! on Tuesday began a global overhaul to its free email service, making it faster and better integrated with hot social networking services Facebook and Twitter.

We have seen many Headleys, says Bal Thackeray w - Hindustan Times

Shiv Sena supremo Bal Thackeray was dismissive of Mumbai terror attack accused David Headley's testimony in a Chicago court that a plot was involving his handlers in Pakistan's intelligence agency ISI and terror outfit LeT was hatched to kill him.

France's Lagarde to launch IMF bid on Wed - source w - Reuters

PARIS (Reuters) - French Finance Minister Christine Lagarde is planning to announce her candidacy on Wednesday to be the new head of the IMF after the European Union reached a consensus on backing her, diplomatic sources told Reuters.

ArcelorMittal rejigs mgmt, bigger role for Aditya w - Economic Times

Under the new portfolio shakeup, Aditya Mittal will have the additional responsibility for flat carbon for the European market as well.

Counter the Dragon: India ups Africa Game w - Times of India

India took a diplomatic leap in Africa on Tuesday, with PM Manmohan Singh pledging $5 billion for the continent's development over next 3 years.

No promises, only Congress sympathy for Karuna w - Hindustan Times

Congress leader Ghulam Nabi Azad, who is also in charge of party affairs in Tamil Nadu, called on DMK chief M Karunanidhi on Tuesday to convey party chief Sonia Gandhi's “concern and sympathy” for his daughter Kanimozhi, who had been sent to Tihar jail in the 2G scam case. Shekhar Iyer and Aurangzeb Naqshbandi report. ...

Nadal and Clijsters enjoy contrasting wins w - Reuters

PARIS (Reuters) - Rafa Nadal suffered a severe fright before punching the air with both fists in joy as he began his French Open defence on Tuesday with a dogged win over John Isner, while fit-again Kim Clijsters sauntered through her first match.

IMF chief need not be European - BRIC nations w - Reuters

WASHINGTON (Reuters) - IMF directors for five key emerging market economies on Tuesday said it was time to scrap an "obsolete unwritten convention" that requires the head of the International Monetary Fund to be a European.

Coca-Cola India to get first woman marketing head w - Economic Times

Globally, just like many consumer packaged firms like Unilever and Procter & Gamble, Coca-Cola is increasing its diversity ratio.

NMDC to buy up to 50% stake in Australian miner Legacy Iron Ore w - Economic Times

NMDC signed an agreement to acquire up to 50% stake in Australian mineral exploration company. Proposal is in early stages and cost of acquiring shares is yet to be determined.

Congress comforts Karunanidhi but says can't stop legal process w - Times of India

Congress comforted Karunanidhi but made it clear that it could do nothing to stop the law from following its course in the 2G spectrum scam case.

LG India bets on Android-run smartphones to take on Samsung w - Economic Times

To overtake Samsung, LG plans to launch a record 45 new handset models in India this year, including 30 smartphones.

IIT-JEE results to be out today, online counselling for all w - Times of India

Results for the JEE will be declared today for close to 5 lakh aspirants who want to study engineering at either of the 16 IITs.

Enemy within w - The Hindu

IT and farmers w - The Hindu

This refers to the article “Are IT people the fall guys?” (Open Page, May 22). An IT professional works 12 hours a day just for money. A farmer wakes up at three or four...

Plumber & doctor w - The Hindu

The article “A plumber is as important as a doctor” (Open Page) reminded me of a joke by R.K. Laxman. A pipe burst in a doctor's house and a plumber was sent for. The plumber arr...

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