Baoding: The giant orange robotic arms that swiftly weld together car frames at the Great Wall Motors factory in Baoding might seem like the perfect answer to China's fast-rising labour costs - they don't ask for a raise, get injured or go on strike. For Great Wall, a private sector Chinese car maker that employs 50,000 workers, the Swiss robots and other machinery that line its bright factory floor produce...
11:26 AM, Jun 04, 2012
New Delhi: The government on Sunday announced a board to help operationalise the national manufacturing policy that aims to create 100 million additional jobs and boost the share of manufacturing in the country's GDP to 25 per cent in the next 10 years from the current around 16 per cent. The new board called Manufacturing Industry Promotion Board (MIPB), will be headed by Commerce and Industry Minister Anand Sharma. The...
02:17 AM, Jun 04, 2012
New Delhi: In UPA's summer of discontent, it continues to rain scams. The Central Bureau of Investigation (CBI) had unearthed a huge forex derivatives scam, pegged at Rs 32,000 crore which has been conveniently brushed under the carpet by the government for three years. On January 4, 2012, Parliament's Public Accounts Committee (PAC) had sent a reminder to the Ministry of Finance, seeking an explanation on the alleged scam in...
09:01 AM, Jun 03, 2012
Mumbai: Veteran actor AK Hangal came out of retirement at the age of 97 to shoot for the television serial Madhubala. The veteran actor stepped out of his house for the first time in five months for the shooting of an episode of Madhubala in which he has done a cameo. Hangal pulled off his part in a single-take shot. Hangal has been active in filmdom since 1967 and played...
05:31 PM, Jun 01, 2012
Manu Bhagavan is associate professor in the Department of History at Hunter College and the Graduate Center, the City University of New York. He is the author or (co-)editor of four other titles, including Heterotopias: Nationalism and the Possibility of History in South Asia and Claiming Power from Below: Dalits and the Subaltern Question in India. Here is an extract from his new book, 'The Peacemakers,' published by Harper Collins...
11:54 AM, Jun 01, 2012
New Delhi: India on Thursday said a new liberalised visa regime could not be worked out with Pakistan as some internal approvals were pending there. "Some internal approvals are pending there... Pakistan wants home ministers of both the countries to sign the pact," Home Secretary RK Singh told reporters. Singh held two-day talks with his Pakistani counterpart Khwaja Siddique Akbar in Islamabad May 24-25, but a pact for relaxing the...
02:46 AM, Jun 01, 2012
For the year, growth dropped to a three year low - 6.5 per cent against a robust 7.8 percent last year. ...
10:06 PM, May 31, 2012
Kolkata: West Bengal Chief Minister Mamata Banerjee today accused the CPI-M of colluding with the BJP over Thursday's NDA-sponsored bandh and indulging in acts of arson and other violent activity. "They (CPI-M) used to dub me as the supporter of BJP. But today the CPI(M) in collusion with the BJP has organised this bandh and indulged in destructive activities like setting fire to some buses. I leave it to the...
08:21 PM, May 31, 2012
New Delhi: He takes tentative steps towards a cluster of people, guided purely by his senses, and the oppressive silence that warns him that something is not right here. The gentle timbre of his voice rings through the air heavy with mourning "yaha itna sannata kyu hai bhai"? Thirty-seven years after AK Hangal shot that iconic scene from 'Sholay', the silence at the studio where the television serial Madhubala was...
03:47 PM, May 31, 2012
Mumbai: Bollywood has always opened its gates for budding talent and there seems to be a sudden demand for Bengali actors in Hindi cinema post the box-office success of Vidya Balan starrer 'Kahaani' and Paoli Dam's 'Hate Story'. As 'Kahaani' director Sujoy Ghosh plans to bring Vidya Balan back as Bidya Bagchi in a sequel, Kolkata and the Bengali stars are set to become more important. "Writing begins. I have...
12:23 PM, May 31, 2012
New Delhi: Providing comfort to worried foreign investors, Finance Minister Pranab Mukherjee on Wednesday said that the Income Tax Department will not reopen cases where assessment proceedings had been finalised before April 1, 2012. "I gave a commitment in Parliament with regard to retrospective amendments that CBDT (Central Board of Direct Taxes) will issue a policy circular to clarify that in cases where assessment proceedings have become final before first...
04:19 PM, May 30, 2012
Dankuni: Chief Minister Mamata Banerjee wishes to set up a factory at 600 acres of land in Singur-the site of abandoned Tata Nano car plant, even as she on Monday attacked the central government for not providing West Bengal the much needed financial aid. "We had already acquired the land in Singur. But the matter is sub-judice right now. But after we get the verdict we would like a factory...
04:30 AM, May 29, 2012
New Delhi: A major fire broke out on Sunday at a garment factory in east Delhi, a fire department official said. Efforts are on to douse the flames in which no casualty has been reported so far, he said. "The fire at the garment factory in Gandhi Nagar area was reported at 2:00 pm and so far, no loss of life has been reported," he said, adding 20 fire tenders...
05:46 PM, May 27, 2012
New Delhi: More than 17 years after being caught demanding and accepting a bribe of Rs 100 from a patient at a government hospital, the Supreme Court has upheld the conviction of two employees under Prevention of Corruption Act. But since the incident was nearly two-decades-old and the duo - Mukut Bihari and Kalyan Mal - had undergone considerable trauma during the protracted litigation, the court reduced the punishment to...
08:47 AM, May 27, 2012
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
