New Delhi: Amid 17 major players evincing interest in restructuring world's largest coal miner CIL (Coal India Limited), the government has shortlisted nine firms for the task. "The Coal Ministry has shortlisted nine firms out of 17 applications it received with regard to the appointment of advisors for restructuring of Coal India," a source said.
The ministry had received applications from the firms like McKinsey, KPMG, Ernst & Young, Deloitte and Crisil. However, the source refused to name the firms which have been shortlisted.
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12:20 PM, May 26, 2013
Lucknow: Amid public resentment over power crisis, Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday said the state government will work on a large scale to ensure power supply was in accordance with the electricity demand. The Samajwadi Party government has inherited a loss of Rs 25,000 crore from the previous Mayawati regime, but it was working on setting up of new projects which would free people of the power...
05:52 PM, May 25, 2013
Sarajevo: The president of Bosnia's autonomous Muslim-Croat federation was freed from jail on Friday after the Constitutional Court ordered his release following his arrest last month on corruption charges. President Zivko Budimir was arrested along with 19 other officials in late April 2013 in the most high-profile anti-corruption drive in Bosnia since independence more than two decades ago. A court ordered Budimir and his four co-accused aides to be kept...
07:02 AM, May 25, 2013
New Delhi: The West Bengal government's decision to take over two channels owned by scam-tainted Saradha Group which were facing closure may hit the roadblock as present guidelines do not allow state governments to run TV channels. "At present no proposal has come to us from the state government but as per the present set of guidelines state governments are not allowed to run television channels," a senior Information &...
08:43 PM, May 24, 2013
New Delhi: The BJP on Thursday demanded initiation of criminal proceedings against Delhi Chief Minister Sheila Dikshit for allegedly misusing public funds on an advertisement campaign to get political mileage ahead of last Assembly polls. "We demand registering a criminal case against the Delhi CM for misusing the hard-earned money of tax payers in her election campaign in 2008. We demand immediate action based on the recommendations of the Lokayukta...
12:26 AM, May 24, 2013
Kolkata: The West Bengal government has acquired two television channels - Tara Muzik and Tara News - which were previously owned by the Saradha Group. The two channels had to be shut down following the Saradha chit-fund crisis. Announcing the decision, Chief Minister Mamata Banerjee told reporters at Writers' Buildings that the decision was taken following appeal by employees of Tara News and Tara Muzic channels for government intervention. The...
05:11 PM, May 23, 2013
New Delhi: In a blow for Delhi Chief Minister Sheila Dikshit, the state Lokayukta has indicted the Delhi government and the Chief Minister for misusing public funds worth Rs 22 crore for an advertising blitz during the 2008 election. The Lokayukta has now appealed to the President to ask Dikshit to return Rs 11 crore to the state exchequer. Lokayukta Justice Manmohan Sarin recommended President Pranab Mukherjee to administer "caution"...
09:30 AM, May 23, 2013
New Delhi: Congress president Sonia Gandhi on Wednesday appealed to the opposition to cooperate with the government in passing the key food security and land acquisition bills in the interests of the people, while expressing her disappointment that parliament was not allowed to run to enable the passage of the bills. "I make a plea to the NDA and other opposition parties...let us come together to ensure passage of the...
02:23 AM, May 23, 2013
New Delhi: Delhi Assembly Elections are very close and the voters of the city want to know how many poll promises have their leaders fulfilled. IBN7 has started a campaign New Delhi Banao (Develop New Delhi) and is trying to raise awareness among the voters. IBN7 went to Shahdara constituency to know what changes have been taken place in past five years. Shahdara has a population of 2 lakh with...
01:32 PM, May 22, 2013
Panaji: The Goa Medical College (GMC), the state's top health facility, regularly faces water shortage because people steal taps installed in the hospital premises, Chief Minister Manohar Parrikar said on Tuesday. The water shortage is putting patients and their kin to hardships, especially during the scorching summer season. "The reason why there is water shortage is because people keep stealing taps. The water just gushes out. There is no shortage...
04:10 AM, May 22, 2013
Mumbai: Toral Rasputra, who replaced Pratyusha Banerjee as Anandi on popular show 'Balika Vadhu', is happy that finally the viewers are accepting her in the role. Sharing an incident, she said: "Recently, we went to Kashmir for the shoot, and many tourists were there. Many people came to me and told me that 'we liked your work in the show'," she said on the set of the show here. "This...
06:20 PM, May 21, 2013
The Chinese Premier has talked a language no other visiting Chinese leader has spoken before. How hopeful should New Delhi be about betterment of ties with Beijing? CNN-IBN's international affairs editor Surya Gangadharan joined IBNLive readers for an interaction on the issue. Q. Myanmar is neighbour to both but more friendly with China. Will our friendliness with China help in improvement of Relationship with Myanmar? Asked by: sundar1950in A. I...
05:27 PM, May 21, 2013
San Francisco: Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalise its brand and attract a younger generation of users. Yahoo has been criticised for making big acquisitions that have not always reaped lasting returns. Under CEO Marissa Mayer, the Internet search company has snapped up numerous small startups in recent months, hoping to gain an edge in...
02:22 PM, May 21, 2013
New Delhi: Not only Yahoo confirmed the acquisition of Tumblr, but the company also revamped its photo-sharing service Flickr on Monday - thereby offering its users 1 terabyte online storage for free. During the Flick press event on Monday, Yahoo CEO Marissa Mayer was asked about the restricted content on Tumblr and she unhesitatingly responded that the company has no plans to restrict controversial material, which means that Tumblr's porn...
12:20 PM, 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
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
New York: As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to drop out altogether to devote more time to his passion for technology. A few years later, Karp built Tumblr - the wildly popular blogging forum - from his tiny childhood...
06:27 AM, May 21, 2013
San Francisco: Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. The combination...
05:25 AM, May 21, 2013
Coming at a time when mutual trust between the two countries is not at a significant high, what are the major takeaways for India from this high-profile visit? Alka Acharya, director of Institute of Chinese Studies, joined IBNLive readers for an interaction on the matter. Q. Dear Madam, Do you think that it will be an advantage for India if its relationship with China improves after the Chinese Premier visit...
06:41 PM, May 20, 2013
New Delhi: Avika Gor is barely 15 years old but she has played an 18-year-old married woman Roli in 'Sasural Simar Ka'. And the actress says she doesn't have a problem playing mature roles. Avika's claim to fame was playing child bride Anandi in 'Balika Vadhu', but she quit the show after it took a five-year leap in 2010 and Pratyusha Banerjee was brought in as grown up Anandi. But...
06:10 PM, May 20, 2013
