Bellary: The CBI is likely to file a chargesheet against the Janardhana Reddy-owned Obulapuram Mining Company in connection with alleged irregularities in the export of iron ore. Reddy is a BJP leader and former state minister. Sources have said that the CBI has found anomalies in the export of iron ore. In its assessment, the OMC was exporting three times the volume iron ore than it claimed. Sources say a...
10:02 AM, Oct 28, 2011
New Delhi: A special CBI court is scheduled to hear the bail petition of former Karnataka Minister and mining baron Gali Janardhana Reddy and his brother-in-law BV Srinivasa Reddy. Both were arrested by the Central Bureau of Investigation (CBI) on September 5 in an illegal mining case. CBI on September 22 had opposed the bail pleas probing "illegal" mining and irregularities in allotment of mining leases to Obulapuram Mining Company...
08:29 AM, Sep 29, 2011
Hubli: Karnataka Chief Minister DV Sadananda Gowda on Monday refused to react to the arrest of former tourism minister and mining magnate Janardhana Reddy by the Central Bureau of Investigation (CBI). "I don't want to give my reaction now because Reddy has been arrested by the CBI. I will react only after getting full details," Gowda told reporters here. The CBI on Monday arrested former minister Janardhana Reddy and his...
05:32 PM, Sep 05, 2011
CBI arrested former Karnataka tourism minister G Janardhana Reddy after conducting raids at his Bellary residence. ...
01:57 PM, Sep 05, 2011
Bellary: The Central Bureau of Investigation (CBI) on Monday arrested former Karnataka tourism minister and mining baron G Janardhana Reddy after conducting raids at his Bellary residence. Janardhana Reddy has been arrested on charges of criminal conspiracy and cheating. Srinivas Reddy - the managing director of Obulapuram Mining Corporation (OMC) which is owned by the former minister - has also been arrested. They have been taken to the CBI court...
07:42 AM, Sep 05, 2011
New Delhi: Filmmaker Ram Gopal Varma's brutal crime biopic Not A Love Story is a pale shadow of the director's strong narrative of systematic crime and his fascination with the underworld that goes back to his days of 'Shiva'. When he returns as producer with Shabri this week, one can only hope that Varma finds his niche back as the master-teller of the crime story. There is Stanley Kubrick's horror...
05:50 PM, Aug 23, 2011
Mumbai: State-run Coal India on Wednesday toppled Reliance Industries Limited (RIL) as the country's most valued company, ending billionaire Mukesh Ambani-led corporate giant's over four-year rein at the top of the market valuation charts. With an over 2 per cent gain in its share price, the public sector coal giant on Wednesday achieved a market value of Rs 2,51,296 crore, which was over Rs 4,000 crore more than that of...
05:20 PM, Aug 17, 2011
New York: It doesn't take a visit to the Genius Bar to figure out how Apple became the most valuable company in America. Its lineup of sleek phones, computers and iPods, irresistible to customers even in tough economic times, propelled it to the No. 1 position by market value Wednesday, surpassing Exxon Mobil. Apple's stock on the open market is now worth more than any other company's. Apple's stock fell...
02:54 PM, Aug 12, 2011
New York: Living alone after a heart attack is associated with a higher risk of death over the next four years, while a lack of support at home was also linked to a lower quality of life just one year after the attack, according to a study. While the risk of death one year after a heart attack was about the same among people who lived alone and those who...
09:45 PM, Aug 08, 2011
Vicious yet humane, The Company RED is a dark thriller that unfolds many predictable sequences. However, despite its predictability, this fast paced high-octane fiction is bound to give you an adrenaline rush and leave the brain whirring. Shantanu Dhar weaving through the ornate, skilfully puppets his characters' mind to speak their voice and see with their eyes. So we see a heart-strewn mother, a passive poignant father who's brave enough...
12:00 PM, Aug 08, 2011
New Delhi: India has resolved an oil payment dispute with its second biggest supplier Iran through bilateral negotiations and agreed to settle the outstanding bills as soon as possible, officials said. "Following bilateral negotiations, the two sides agreed to settle the outstanding bills as soon as possible," Ahmed Qalebani, managing director of National Iranian Oil Company, was quoted as saying by the Iranian oil ministry website Shana. Iran, which exports...
07:40 PM, Aug 01, 2011
Bangalore: Ford Motor Co plans to invest $1 billion to build a factory in Gujarat to gain a greater share of one of the fastest-growing car markets, the Financial Times reported on Wednesday. The US automaker plans to announce its plans on Thursday, according to the report, which cited Ford's head of Asia-Pacific and Africa Joe Hinrichs. The factory in Gujarat, expected to be up and running by 2014, will...
08:17 AM, Jul 28, 2011
Kolkata: Making the first Bengali film on the underworld modus operandi in the eastern metropolis, based on interviews with real life convicts and undertrials, young director Ringo plans to show the human side of the gangsters who always live life on the edge. Titled 'System', the film will blaze the trail of a new genre in Tollywood where the various layers of the dark underbelly of Kolkata - the world...
12:41 PM, Jul 25, 2011
Los Angeles: Veteran star Robert Redford has teamed up with 'Transformers' star Shia LaBeouf for political drama 'The Company You Keep'. Based on the novel by Neil Gordon, the film will be directed by Redford from a script by Lem Dobbs, the Hollywood Reporter said. The story revolves around a former militant on the run. Redford will play a former Weather Underground militant, wanted by the FBI, whose identity is...
07:41 PM, Jul 20, 2011
Chennai: The family that runs The Hindu, is slugging it out in court on the question of management. In the course of the legal battle the counsel for Nirmala Lakshmanan, Joint Editor of The Hindu said in a hearing at the Madras High Court that N Ram wanted to exit by selling his shares at a premium for which he was looking for an investor. N Ram responded to the...
08:32 AM, Jun 22, 2011
Lomdon: Consumer confidence surged in the Middle East and North Africa in the first quarter in the wake of social uprisings, but deteriorated in the euro zone periphery as Portugal's financial woes came to a head, a survey showed on Sunday. India retained the top spot. Portugal, which was finally forced to follow Greece and Ireland and seek an international bailout in April, ranked bottom in a quarterly global survey...
11:01 AM, May 23, 2011
Mumbai: You've seen the ads - but have you wondered what it is exactly that Speak Asia does and how it makes money for you? Speak Asia claimed FMCG majors paid them for conducting market surveys, but after the companies denied it, Speak Asia said it was a miscommunication. Speak Asia CEO Manoj Kumar said, "We apologise to the companies concerned." So how does Speak Asia work? It say it ...
06:59 AM, May 19, 2011
New Delhi: Indian publishing's poster boy is back. David Davidar, the man who virtually invented market-facing English language publishing in India, is setting up a new publishing firm. Named the Aleph Book Company, the firm is being set up by Davidar in partnership with Rupa Publications India. Davidar brings his huge editing and publishing skills - which took Penguin India to new heights in India - to the table, while...
07:21 PM, May 14, 2011
New Delhi: In a major development on the fight against the NDM-1 superbug, a Swiss company, Basilea Pharmaceutical, has announced that its un-named drug has proved effective against the bacteria in lab tests. Currently the NDM-1 bacteria is resistant to all known forms of antibiotics. The New Delhi Superbug (NDM-1 bacteria) has been found in water samples in the capital, according to a study published in the Lancet Infectious Diseases...
09:11 AM, May 10, 2011
New Delhi: The Income Tax Department has slapped a penalty of Rs 20,000 crore on four associates, including businessman Kashinath Tapuriah, of Hasan Ali Khan who is accused of stashing huge amounts of black money in foreign banks. "A penalty of about Rs 20,000 crore has been slapped on associates of Hasan Ali Khan," Revenue department sources said. Besides Tapuriah, who is in Enforcement Directorate's custody, the Pune-based stud farm...
07:28 PM, Apr 05, 2011
