US industry demands India’s designation over IP deficiencies

Wednesday, 26 Feb 2014 | S. Rajagopalan | Washington

In an orchestrated campaign at a time of worsening commercial relations, Corporate America is urging the US Government to designate India as a “Priority Foreign Country” in retaliation for its alleged trade discrimination measures and failure to enforce intellectual property rights. A “Priority Foreign Country” designation is seen to be the...

Sebi proposes Monitoring Agency to oversee usage of IPO funds

Wednesday, 26 Feb 2014 | PNS | Mumbai

To check possible misuse of money raised through public offers, Sebi on Tuesday proposed to make it mandatory for all companies to appoint a ‘Monitoring Agency’ to oversee orderly utilisation of such funds and to make public their observations on a quarterly basis. Under the new framework, the Monitoring Agency...

AirAsia offers half-a-million free tickets on select routes

Wednesday, 26 Feb 2014 | PNS | Mumbai

Malaysian low-cost airline AirAsia, which is awaiting flying permit from the DGCA to launch its services in the domestic market, on Tuesday said it is offering half a million free seats along with 1.8 million low fare promotional seats from Kuala Lumpur on select routes. The bookings under the offer, which...

IMG gives 10 block holders, including JSPL, Tata Steel, time to get green nod

Wednesday, 26 Feb 2014 | PNS | New Delhi

An inter-ministerial panel of the Coal Ministry on Tuesday decided to give a “reasonable time” to 10 coal blocks including those belonging to Jindal Steel and Power Ltd (JSPL), Tata Steel and JSW Steel, to seek Stage-II Forest Clearances (FC), failing which they face the threat of being cancelled. The Inter-Ministerial...

Phone makers look to emerging markets for growth

Wednesday, 26 Feb 2014 | AP | BARCELONA

Here's the rub for companies: A good part of the key markets they serve already own smartphones and use them to connect various Internet services. How do you grow from there? Companies from Facebook to Firefox are looking to emerging markets for the next few billion people. They are not...

LG to offer its first smartwatch this year

Wednesday, 26 Feb 2014 | AP | SEOUL

LG Electronics Inc. said it will launch a computerized wristwatch later this year, entering a nascent market where Samsung Electronics Co., Sony Corp. and smaller companies such as Pebble are already jostling for dominance. Park Jong-seok, president of LG's mobile communications division, said early smartwatch models failed to demonstrate why consumers...

OT Innovates in Mobile Security with FIDO Authentication

Wednesday, 26 Feb 2014 | AP | France

Oberthur Technologies, a world leader in digital security solutions for the mobility space, will demonstrate two innovations during the Mobile World Congress in Barcelona: the first worldwide implementation of FIDO (Fast IDentity Online) authentication in a SIM, and a voice biometry authentication, both allowing a more convenient and secure mobile...

RIL contract can't be terminated, Moily tells PM

Tuesday, 25 Feb 2014 | PTI | New Delhi

Amidst controversy over gas price hike, Oil Minister M Veerappa Moily has told Prime Minister Manmohan Singh that Reliance Industries' contract for KG-D6 gas fields cannot be terminated pending arbitration on issue of output lagging targets. Moily in a 13-page letter to the Prime Minister explained the process, the contractual requirement...

Moody's pegs FY15 growth at 5.5 %, says polls may delay reforms

Tuesday, 25 Feb 2014 | PNS | New Delhi

Forthcoming Lok Sabha elections would delay the reforms process and hurt growth in India, international rating agency Moody's has claimed, while predicting that it expects economic growth to go up to only 5.5 per cent in FY15. "We expect GDP growth to remain weak at 5.5 per cent in FY15 as...

RBI Governor hopes new Govt would continue with UPA's fiscal policies

Tuesday, 25 Feb 2014 | PTI | New Delhi

Reserve Bank of India Governor Raghuram Rajan has expressed hope that a stable Government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the Goods and Services Tax (GST), an ambitious indirect tax reform measure. "My belief is that we...


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Quake measuring 3.7 on Richter scale felt in south Gujarat

22 Apr 2018 | PTI | Ahmedabad

A mild tremor measuring 3.7 on the Richter scale was felt in parts of south Gujarat, including Bharuch and Surat districts, though no damage was reported, officials said...

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First meeting of Acharya Shankar Ekta Nyas held at CM residence

24 Apr 2018 | Staff Reporter | Bhopal

The first meeting of Acharya Shankar Ekta Nyas was held under the chairmanship of Chief Minister Shivraj Singh Chouhan on Monday at Chief Minister’s residence. Discussion on setting up statue, museum, institution establishment, premises construction, architectural style and vision, rules of the trust, administrative requirements, financial management and formation of executive committee was held in the meeting...

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