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Reliance Comm profit falls for 10th straight quarter

New Delhi: Reliance Communications reported its 10th straight quarter of declining profit as interest costs soared, with investors betting on a sale of the No 2 mobile operator's tower business to pare its heavy debt load. Reliance Communications, which last month secured $1.18 billion loans from Chinese banks to redeem dollar bonds, has long been trying to sell assets to cut its debt -- $6.9 billion as of December --...

16 million children still out of school: Sibal

Tezpur: Over 16 million children are not attending schools in the country and the government has taken all possible steps to make them literate within this decade, Union Human Resource Development Minister Kapil Sibal on Friday said. "Globalisation has led to much improvement in the field of education and the country is ready to compete with the rest of the world, but we cannot ignore the many children who are...

Examgate: J&K Education Minister resigns

Srinagar: Jammu and Kashmir Education Minister Peerzada Muhammad Sayeed has submitted his resignation to UPA Chairperson Sonia Gandhi. Sayeed was accused of using "unfair means" to help his son pass the matriculation examination. Sayeed's son also scored a distinction in his Class XII exam, something which protestors and the Opposition said, was highly suspicious and demanded his resignation. "I have resigned from the council of ministers. I have forwarded my...

K'taka Advocate General issue: Karuna slams BJP

Chennai: DMK president M Karunanidhi on Thursday slammed BJP for trying to "help" Tamil Nadu Chief Minister J Jayalalithaa to come out of the disproportionate wealth case being heard in a Bangalore court by exerting pressure on Karnataka's Advocate General and the Special Public Prosecutor (SPP) BV Acharya. In a statement issued here, Karunanidhi said the BJP and the Karnataka government were trying to remove Acharya from the SPP post...

Fate of Peerzada to be decided in 24 hours: Omar

New Delhi: Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said the fate of Education Minister Peerzada Mohammed Sayeed, whose foster son's Class 10 exam was allegedly fudged, would be decided in the next 24 hours. Talking to reporters here, Omar said the findings of the Jammu and Kashmir Police's Crime Branch have been discussed with his alliance partner Congress. "We will decide action in 24-36 hours. The minister...

Chennai murder: What message do such incidents send out?

A 15-year-old Chennai school boy allegedly stabbed his teacher to death inside the classroom. ...

Antrix moves court against Devas

Bangalore: Antrix, the commercial arm of ISRO has moved a local court seeking directions to restrain Devas Multi-media from proceedings with the arbitration it has filed against it in an international court in Paris on cancellation of agreement on S band spectrum allocation. Antrix, which cancelled its agreement with Devas, filed the petition before the Additional City Civil and Session Court, seeking an interim injunction against Devas. Judge D B...

J&K examgate: Oppn demand Peerzada's removal

New Delhi: There are growing voices of protest in Jammu and Kashmir against Education Minister Peerzada Sayeed after it was alleged that board officials helped his son pass his class 10 exam in 2009. The opposition is aggressively demanding Sayeed's removal. Independent MLA Engineer Rashid said, "I think the CM shouldnt waste another second in asking for the resignation from Sayeed. It is not the question of what he has...

Jaya DA case: Karnataka Advocate General quits

Bangalore: In a fresh embarrassment for the Karnataka government, Advocate General B V Acharya has resigned from his post. The move came after Acharya was asked to quit as the Special Public Prosecutor in the Jayalalithaa Disproportionate Assets case. Acharya said that the Bharatiya Janata Party (BJP) government had asked him to resign as the Special Public Prosecutor citing conflict of interest. Acharya quit after a public interest litigation (PIL)...

Roma held 1-1 by Catania in postponed game

Milan: Catania held Roma to a 1-1 draw in Serie A on Wednesday after the remaining 25 minutes of a game that was called off last month was played. Juventus are top of the Serie A standings, one point above AC Milan, with a game in hand. In Catania, Roma had new problems after last month's game was suspended halfway through the second period with the score at 1-1 due...

2G scam: ED slaps case against Marans

New Delhi: The Enforcement Directorate (ED) registered two money laundering cases against former Union Minister Dayanidhi Maran and his brother Kalanidhi on Wednesday in the multi-crore 2G licence scam. An illegal gratification of Rs 550 crore was reportedly accepted through Dayanidhi's brother Kalanidhi in the garb of share premium invested in M/S Sun Direct TV by Maxis Communication, owned by Malaysian tycoon T Anantha Krishnan. The case, registered under the...

A salve for a taxing moment: The Vodafone story

The court hearings had gone on through all of August. On September 8, 2010, the Bombay High Court was packed to the rafters with newspaper reporters of all hues. There was a battery of lawyers representing the Government of India and telecom giant Vodafone. There were two judges who had been hearing the famous Vodafone tax case: DY Chandrachud and JP Devadhar. Though Devadhar was in Nagpur that day, he...

First ride: Ducati Monster 795

What is it? The Ducati Monster 795 can be looked at as an example of cheeky engineering on the one hand and a 30-foot neon sign that points to the direction Ducati is looking forward to for future growth and prosperity. The first bit refers to the clever engineering. Ducati needed a more affordable, but still undeniably premium, and unequivocally Ducati motorcycle for its Asian markets, some of the fastest...

Azamgarh mosques double up as primary schools

Azamgarh: Amid the mushrooming convent schools, mosques still continue to be popular centres of learning at least up to the primary class level in Uttar Pradesh's Azamgarh district. The trend is more common in cities and towns where Islamic primary schools are rare. There are more than 100 mosques in Azamgarh city and around 40 per cent offer primary education. A majority of students in mosques come from the Muslim...

Karnataka government regulates school fees

Bangalore: As school admission fees are becoming a burden on the parents, the Karnataka government has fixed a 30 per cent profit margin for private schools. This after parents protested against the alarming rise in the admission costs. The ever rising cost of a school education is a biting reality for parents and Ashok Kumar Adiga President of the Parents' Association last year decided to fight against it. "What is...