New Delhi: The Railway Board chairman on Wednesday asked the RPF association to vacate Railway properties with immediate effect. The RPF Association has been illegally occupying four properties including one in Delhi. CNN-IBN had reported that the CBI was looking at the role and clout of the RPF Association in Railway postings. The Intelligence Bureau and the Ministry of Home Affairs have already issued alerts and advisories against the RPF...
07:09 PM, May 15, 2013
New Delhi: With BJP's debacle in Karnataka following corruption charges clearly on his mind, new Chief Minister Siddaramaiah on Wednesday said he will have people with clean image in his Cabinet to be formed in a couple of days. 64-year-old Siddaramaiah, who took over as the Chief Minister on May 13, reached Delhi on Wednesday afternoon and will hold consultation with central leadership on the composition of his Cabinet. "Right...
06:40 PM, May 15, 2013
Kolkata: A day after the Calcutta High Court directed the West Bengal government and the State Election Commission to mutually decide on dates for the panchayat election, a move has been initiated by both to hold a meeting on Thursday. The meeting will take place amidst a deadline set by the High Court to complete the poll process by July 15. SEC secretary Tapas Roy told reporters that the meeting...
05:56 PM, May 15, 2013
Tata Communications Ltd said on Wednesday it will delist from the New York Stock Exchange and terminate its American Depositary Receipts (ADR) programme. "Our decision to delist, deregister and terminate our ADR program was the result of several factors, including the fact that our ADR program had not developed the trading volumes we had initially hoped when we listed," Chief Executive Vinod Kumar said in a statement. Kumar said a...
05:45 PM, May 15, 2013
London: Gold fell for the fifth straight session on Wednesday, hitting a three-week low as the dollar strengthened to a six-week high versus the euro after weak euro zone data. While gold has recovered around 7 per cent from a two-year trough of $1.321.35 an ounce hit in mid-April, its safe-haven appeal has been battered by record-high US equities and signs of an improving US economy. Spot gold fell 0.8...
05:10 PM, May 15, 2013
Do glitzy election campaigns work with voters in India, specially when the credentials of a government are being seriously questioned by the actions of its leading figures and ministers? Brand-expert Harish Bijoor joined IBNLive readers for an interaction on the issue. Q. At the time of India shining there was still lot of optimism in the country. Today, with so much pessimism is the Self Drum beat of congress a...
04:34 PM, May 15, 2013
Islamabad: Infighting has broken out in Imran Khan's Pakistan Tehrik-e-Insaf over choosing a Chief Minister for the crucial Khyber-Pakhtunkhwa province, with two top leaders jockeying for the position. Pervez Khattak, the secretary general of the party, and Asad Qaisar, the president of the party's Khyber-Pakhtunkhwa chapter, are in the race for the post of Chief Minister. Khan's party has emerged the single largest force in the provincial assembly and is...
11:47 AM, May 15, 2013
Mumbai: Abhay Deol, who is set to make his small screen debut as a host, says he is not late for TV, it's just that it didn't feature in his scheme of things. Abhay will be seen as a host on Zee TV's reality show 'Connected Hum Tum'. "I didn't have a plan to come on TV, so there is no point of coming late to TV. It's just that...
10:41 AM, May 15, 2013
Pakistan Tehreek-e-Insaaf continues to demand recounting in 25 constituencies, alleging massive rigging. ...
09:53 AM, May 15, 2013
Mumbai: The BSE benchmark Sensex on Wednesday rose over 158 points in early trade on sustained buying by funds and retail investors, mainly in realty, banking, auto and metal sector stocks. Also, the wide-based National Stock Exchange index Nifty, regained the 6,000 points level by surging 41.10 points, or 0.69 per cent, to 6,036.50. Rising for the second straight session, the BSE's 30-share barometer rose by 158.19 points, or 0.80...
09:31 AM, May 15, 2013
Lucknow: Nearly three months after a court acquitted Bharatiya Janata Party General Secretary Varun Gandhi of making provocative speeches in 2009, the Uttar Pradesh government will now appeal against the order. This, after CNN-IBN's sister channel IBN7 reported that as many as 14 government servants, including the then district magistrate of Pilibhit, turned hostile during the trial. The 2009 speech landed Varun Gandhi in jail during the election campaign, with...
08:31 AM, May 15, 2013
Bangalore: Two Indian IT firms are feeling the heat of the recent $ 45 million global ATM heist. But while they are under scrutiny for possible security breach, industry body NASSCOM says the incident is not a reflection on Indian IT services overall. It is being called the world's largest ATM heist - a sensational global crime that saw $ 45 million being stolen from two banks in the middle...
07:52 AM, May 15, 2013
New Delhi: A Delhi court will on Wednesday begin hearing charges in a defamation case filed by Chief Minister Sheila Dikshit against BJP leader Vijender Gupta. Sheila had filed a defamation suit when Gupta allegedly called her 'villain' and 'cheat' before the MCD elections in April 2012. Sheila moved court against Gupta after he refused "publicly apologise" for putting up posters, banners and hoarding across Delhi accusing the Chief Minister...
06:54 AM, May 15, 2013
Frankfurt: The Reserve Bank of India will take note of falling inflation when discussing potential interest rate cuts, the central bank's Governor Duvvuri Subbarao said on Tuesday, adding he was very happy about the falling inflation. Asked about potential interest rate cuts in light of falling inflation, Subbarao said they would be taken into account and in future central bankers "will take note of softening inflation." The headline wholesale inflation...
04:46 AM, May 15, 2013
Mumbai: The current size of the Indian food industry stands at Rs 247,680 crore per annum and is expected to grow at 11 percent to touch a staggering Rs 408,040 crore by 2018, an official said in Mumbai on Tuesday. In terms of market segments, the Quick Service Restaurants and casual dine-in formats account for nearly three-fourths of the total chain and cafes make up 12 per cent, with fine...
03:45 AM, May 15, 2013
Lucknow: Steel Minister Beni Prasad Verma on Tuesday accused Samajwadi Party (SP) chief Mulayam Singh Yadav of conniving with BJP leader LK Advani to bring down the Babri mosque in Ayodhya. Congress leader Verma said in Lucknow that after detaining BJP leaders like Advani and Vinay Katiyar at a guest house in Faizabad, Mulayam Singh Yadav, the then chief minister of Uttar Pradesh, had met them discreetly and it was...
03:26 AM, May 15, 2013
Washington: US President Barack Obama on Tuesday called PML-N chief Nawaz Sharif, set to become Pakistan's next Prime Minister, to congratulate him on his election victory and pledge to further strengthen friendly ties with Islamabad. "Today, the President spoke by phone with Nawaz Sharif, president of Pakistan Muslim League's (Nawaz) to congratulate him on his party's success in the May 11 parliamentary election," said White House Press Secretary Jay Carney....
12:26 AM, May 15, 2013
Lahore: PML-N chief Nawaz Sharif, set to become Pakistan's next Prime Minister, on Tuesday reached out to his rival Imran Khan and suggested that the two of them should play a "friendly match". Sharif visited the Pakistan Tehrik-e-Insaf chief at Shaukat Khanum Hospital, where he is recuperating after fracturing his spine in a fall at a campaign meeting days before the May 11 general elections. Sharif inquired about Imran's health...
10:54 PM, May 14, 2013
New Delhi: Chief Minister Sheila Dikshit on Tuesday landed in a controversy for her comments that a man had offered her money to get a ticket for assembly polls with BJP slamming her for not taking action against the person and terming the incident as reflection of "Congress culture". "It is an open secret that tickets are sold in Congress party. But this is the first time that a Chief...
10:20 PM, May 14, 2013
