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Archive for the ‘Business News’ Category

SC allows US firm to bare Raju scam

August 13th, 2010 RSS FEED No comments

New Delhi, Aug. 13: The Supreme Court has allowed the US firm, Venture Global Engineering, to place before the Hyderabad civil court all the facts in its possession about the Satyam Computers fraud.
The US company has been involved in a legal dispute with Satyam over diversion of funds from a joint venture much before [...]

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Cops book 16 mantris for seditious comment

August 13th, 2010 RSS FEED No comments

Hyderabad, Aug. 13: The Saifabad police on Friday registered cases against 16 Seema-Andhra ministers on the directions of the Nampally Criminal Courts for their reported comment that the demand for separate Telangana was ‘anti-national’. It was in their representation to the Sri Krishna Commission that the ministers said that asking for a separate state [...]

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Google, Skype to feel heat

August 13th, 2010 RSS FEED No comments

Chennai, Aug. 13: After BlackBerry, the Centre has reportedly blacklisted other instant messaging services such as those of Google and Skype over security concerns.
The Centre had on Thursday served an ultimatum to Canada’s Research in Motion to enable access to encrypted BlackBerry communications in a readable format by Indian security agencies by August [...]

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Kalmadi to be CWG OC chairman, Cabinet secretary to oversee Games

August 13th, 2010 RSS FEED No comments

The Cabinet Secretary, Mr K.M. Chandrasekhar, has been asked to oversee the preparations for the 2010 Commonwealth Games.
According to sources, Mr Suresh Kalmadi will stay on as chairman of the Organising Committee. The Centre is reluctant to take action against Mr Kalmadi until the charges against him are proved.
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Terrorists may be planning terror attacks in India, Pak: US

August 13th, 2010 RSS FEED No comments

In a fresh warning, the US has said it has “credible evidence” that terrorists may be planning terror attacks at places frequented by its citizens in India, Pakistan and Middle East and asked them to be alert and take precautionary measures.
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CAG sees through Kalmadi’s Games

August 13th, 2010 RSS FEED No comments

Aug. 12: An interim report of the Comptroller and Auditor General (CAG) has pointed out financial irregularities in the carrying out of deals by the Organising Committee of the Commonwealth Games, led by Mr Suresh Kalmadi. The report points towards a potential loss of more than Rs 31 crore, besides lack of financial [...]

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Categories: Business News, Live India, News

India’s BlackBerry offensive widens to Google, Skype: Report

August 13th, 2010 RSS FEED No comments

India’s showdown with BlackBerry could reportedly widen to encompass Google and Skype after the government threatened to cut off core features of the popular smartphone on security grounds.
Research In Motion, the BlackBerry’s Canadian maker, gave no immediate indication that it would accede to the latest pressure from an emerging economy to open up its [...]

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Categories: Business News, Live India, News

Give poor free food: SC

August 13th, 2010 RSS FEED No comments

Aug. 12: Expressing unhappiness over the states’ “apathy” towards improving the public distribution system despite repeated orders while food stocks were rotting at several places, the Supreme Court on Thursday set the states a tight deadline of one week to respond on the supply of rations to Below Poverty Line and Antyodaya Anna Yojana [...]

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Switch telecom service with same old number

August 13th, 2010 RSS FEED No comments

Aug. 12: The telecom regulator on Thursday said mobile number portability (MNP) will be implemented nationwide from October 31, ruling out any further delay. The MNP is a service that allows a mobile user to change his operator while retaining the number.
“There will be no further delay in the implementation of MNP,” the chairman [...]

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Categories: Business News, Live India, News