Mumbai: Section of traders in Maharashtra on Monday night agreed to call off their prolonged agitation protest against the Local Body Tax (LBT) after a meeting with Chief Minister Prithviraj Chavan here. Chavan held lengthy discussions with traders, which ended late on Monday evening, after which some of the participants at the meeting announced that the traders would be calling off the stir. "Traders in Pune, Pimpri Chinchwad, Navi Mumbai...
10:10 AM, May 21, 2013
SEBI Chairman UK Sinha said, "If you look at SEBI act section 11 AA, it has several exemptions - chit funds, cooperatives, Nidhi are exempted. ...
10:09 AM, May 21, 2013
Lucknow: In an embarrassment to the Akhilesh government in Uttar Pradesh, a major fake smart health card scam, which comes under the National Health Insurance Scheme, has come under scrutiny. This could turn out to be one of the major scams in Uttar Pradesh after the Akhilesh government came to power. Sources say if probed properly, the scam could run into several crores. Around 50 lakh smart cards have reportedly...
09:57 AM, May 21, 2013
New Delhi: The five-day police custody of the three arrested cricketers - S Sreesanth, Ajit Chandila and Ankeet Chavan - and 11 bookies who were arrested last week ends on Tuesday. They will be produced in a Delhi court. Police sources say they will ask for further custody of the three cricketers, and seven of the 11 bookies. Meanwhile, Baburao Yadav, the former Ranji cricketer detained on Monday has been...
09:50 AM, May 21, 2013
London: Internationally acclaimed Indian Sand artist Sudarsan Pattnaik has won the grand prize at the prestigious Copenhagen International Sand sculpture festival in Denmark for his sculpture on environment. Pattnaik, who is from Orissa, won the prize for his sand sculpture 'Go Green, Save Earth'. He created the 15 feet-high sculpture in 7 days for the festival. Pattnaik, brand ambassador of NALCO said "Global warming affects the whole world. We have...
09:46 AM, May 21, 2013
New York: Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again. Yahoo Inc. said at an event in New York City's Times Square on Monday that it is now offering users 1 terabyte of online storage for free. One terabyte is 1,024 gigabytes - enough to store more than 500,000 images...
09:43 AM, May 21, 2013
Here is a look at the life and career of Jose Mourinho, the charismatic Portuguese manager, who will leave Real Madrid at the end of the season after reaching an agreement with the club on Monday to leave three years before the end of his contract: EARLY DAYS: - Jose Mourinho was born in January 1963 in Setubal, Portugal. - Following a modest playing career, he accepted a job in...
09:43 AM, May 21, 2013
New Delhi: As the spot-fixing scandal puts a black spot on the Indian Premier League, Kings XI Punjab owners Preity Zinta and Ness Wadia have come up with suggestions like putting franchise owners in the IPL governing council, legalising betting and carrying out random polygraph tests on players. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Preity said, "There should be stronger measures by the anti-corruption unit to monitor it and I...
09:36 AM, May 21, 2013
San Francisco: Yahoo has agreed to pay $1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here's a list of the top 10 tech mergers and acquisitions in 2013. Valuation is based on Dealogic's criteria and includes debt. 1. Dell Inc., to Silver Lake Management LLC (original bid), Feb. 5, 2013, $20.7 billion for 85...
09:35 AM, May 21, 2013
Mumbai: Benchmark indices fell for the second successive session on Tuesday, as the market is trying to digest the heady gains of the past few weeks. Brokers said share sales by promoters trying to meet the 25 per cent minimum public shareholding rule, and the US Federal Reserve meeting on Wednesday, made buyers cautious. The 30-share Sensex fell 112.37 points to close at 20111.61, and the 50-share Nifty ended at...
09:29 AM, May 21, 2013
San Francisco: After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and...
09:25 AM, May 21, 2013
Florence: Italy must adopt a zero tolerance policy towards racism in football if they are to eradicate the problem from the sport, national team coach Cesare Prandelli said on Monday. A number of Italian clubs have been punished for racist incidents recently. "It is a serious problem, a problem that is not only the national team's or Milan's but Italian football's," Prandelli said. "If we want to be credible on...
09:15 AM, May 21, 2013
Madrid: Mallorca's hopes of avoiding relegation from the Spanish league were kept alive by a 1-0 win against Real Betis on Monday. With two rounds left, 19th-place Mallorca are three points behind 17th-place Deportivo La Coruna but with an inferior goal difference. Mallorca striker Tomer Hemed scored in the 21st minute from close to the penalty spot after goalkeeper Adrian San Miguel saved Victor Casadesus Castano's initial shot. Betis stayed...
09:10 AM, May 21, 2013
Srinagar: In another case of fratricide, a personnel of the Sashastra Seema Bal allegedly killed two colleagues in Kishtwar late on Monday night. SSB personnel identified as Narinder Singh and Veer Singh died while two others were injured when their associate Vijay Kumar ran and fired at them while they were sleeping. Hospital authorities say four persons were brought at Kishtwar's District Hospital and among them Narinder Singh of Uttrakhand...
09:07 AM, May 21, 2013
New Delhi: Chennai Super Kings coach Stephen Fleming Monday attributed the team's success in the ongoing edition of the IPL to playing "smart cricket" and called skipper Mahendra Singh Dhoni the best finisher in international cricket at the moment. "We have been quite smart this edition of the IPL. We came up with some good performances. Some of the things which we have done this year were to learn from...
09:06 AM, May 21, 2013
Assam: Despite all government assurances and efforts, India's best known national park still remains vulnerable to poaching. Around 17 rhinos have been killed in the last four months in Kaziranga. "The increased number of poaching is definitely a concern particularly last year two years after floods. The reason is the organised poaching groups, the demand in the international market and some local issues here and there" Kaziranga National Park Director...
09:05 AM, May 21, 2013
Jose Mourinho will leave Real Madrid at the end of the season having once again produced some golden quotes. Here are some of the Portuguese coach's most memorable utterances over the years as well as what others have said about him. WHILE PORTO COACH: "The only thing that I want to say is that we are the best ones and in normal conditions we are more than the best ones....
09:00 AM, May 21, 2013
London: A large collection of Mahatma Gandhi's memorabilia will go under the hammer on Tuesday in London. Auction house Mullocks will auction the collection including a copy of a will, a pair of worn out sandals, a shawl woven by Gandhi himself, recordings of his speeches and a microscope slide with a drop of his blood. The auction house is already facing flak for selling Gandhi's belongings. But it is...
08:45 AM, May 21, 2013
New Delhi: Information and technology outsourcing service provider iGATE has sacked President and CEO Phaneesh Murthy for not informing the company board about his relationship with a subordinate employee. He was required to do so under the company's HR policy. The US-listed company, which has bulk of its employees in India, has appointed Gerhard Watzinger as interim chief executive with immediate effect, the iGate statement said. "The board's decision was...
08:25 AM, May 21, 2013
Kochi: A Court in Kerala on Tuesday dismissed a plea to withdraw the complaint in the National Anthem case against Union Minister Shashi Tharoor. Additional Chief Judicial Magistrate M Manoj rejected the plea of petitioner Joy Kaitharath that he did not want to continue with the case and seeking the court's permission to withdraw the same. The court held that there was no provision to withdraw the complaint. Meanwhile, a...
08:24 AM, May 21, 2013
