* Trust vote: Watch out for a nail biting finish! With number crunching and political pundits indicating a precariously-placed United Progressive Alliance taking on an equally-uncertain opposition, it is now anybody's guess what would be the fate of the government on the D-day.
* Bargains on new summer styles
* Hamilton wins German GP McLaren's Lewis Hamilton won a thrilling German Grand Prix on Sunday to forge four points clear of Ferrari's [Images] Felipe Massa at the top of the Formula One championship.
* All eyes on independents With two days to go before the United Progressive Alliance seeks the vote of confidence in Parliament, the Congress and the its opponents are both vying for the support of the independent Members of Parliament.
* Speaker episode: Tip of CPI-M iceberg The Lok Sabha Speaker must be complimented for taking a tough stand -- that the Speaker must be above party politics -- when many others might have wilted.
* Chandhok wins GP2 India's Karun Chandhok soaked tremendous pressure to score his first race win of the 2008 GP2 Series in Hockenheim on Sunday.
* Kapil slams Yuvraj Former India captain Kapil Dev on Sunday slammed Test discard Yuvraj Singh , saying the left-hander must stop attending late night parties and instead focus on cricket.
* 'UPA is doomed' The opposition to the Manmohan Singh government gained further momentum on Sunday with the United National Progressive Alliance, the Bahujan Samaj Party and the Left parties jointly declaring their resolve to go for the kill.
* UPA still 10 short The Congress-led United Progressive Alliance government, whose strength was reduced after the withdrawal of support by the Left Front, is expected to be short of the magic figure of 272 in the 543-member Lok Sabha
* Maran to support UPA Dayanidhi Maran, dissident Dravida Munnettra Kazhagam Member of Parliament and estranged grand nephew of Chief Minister M Karunanidhi, on Sunday said that he would vote for the confidence motion and support Prime Minister Manmohan Singh
* China vs India: Which stock market is better? * If the govt wins, will reforms get a boost? * Now, Pfizer, Novartis, GSK under USFDA scanner * Cloud over US FDA inspection * Britannia bets big on global markets * Gitanjali plans Rs 1k cr diamond jewellery SEZ * Chinese hi-tech handsets for Rs 2000! * Olympics: A showcase of China's prosperity * Dot plans fee for extra spectrum * BPCL to foray into bottled water, DTH biz
* How well do you know Naseeruddin Shah? * Silent Knight, Holy Fright * Avoid *Zindagi* at all costs * Remembering M P Shankar * Why is Akshay Kumar so angry? * RGV's *Contract* disappoints * Coming Soon: *The Simpsons Movie* -- Part II * Coming soon: Akshay's life story! * 'I was afraid to act with Mohanlal' * Kismat Disconnection
* Surprises in store at Dr Singh's 'private' dinner Prime Minister Manmohan Singh is throwing a dinner party for the United Progressive Alliance members on the eve of the no confidence motion on Monday to keep the flock in good humour. But, interestingly, media has been denied entry to the event, to be held at the Convention Hall of Ashok Hotel in New Delhi.
* 5 more Samajwadi MPs may desert UPA The sudden decision by Rajya Sabha member Shahid Siddiqui to join the Bahujan Samaj Party has brought jitters in the United Progressive Alliance camp, which is pinning its hopes on every parliamentarian possible to win the trust vote.
* Is Manmohan still the 'weakest PM' since 1947? In truth, the seeming volte face on the nuclear deal was only a pretext to slap the "weakest PM" tag on Manmohan. Ever since he took over as prime minister, Advani and gang have liked to believe that the technocrat-politician did not have his own mind
* Indians struggle in warm-up match India's famed batting line-up struggled on a difficult track as Sri Lanka Board XI left the visitors gasping at 196 for eight on a rain-truncated second day of their three-day warm-up match in Colombo on Saturday
* Images
* Hamilton puts McLaren on pole in Germany Formula One championship leader Lewis Hamilton [Images] put McLaren on pole position for engine partners Mercedes' home German Grand Prix on Saturday.
* Special: An Alliance in Crisis
* Decision by Sunday evening: Deve Gowda His Janata Dal-S party, which has 3 MPs in the Lok Sabha, has not yet indicated it if will support the United Progressive Alliance government during the vote of confidence on Tuesday. Deve Gowda told reporters at his Safdarjung Road home that the country would know his decision by Sunday evening.
* ‘No amount of money can change my stand' My only interest is the development of my party and any decision taken should be in the interest of the party and no amount of money can change my stand.Shivanna, who is camping in New Delhi ahead of the trust vote, spoke with rediff.com
* Akshay Kumar: 'A superstar, a true Kinng' After he flew in from Los Angeles, Akshay Kumar traveled to the Silvercity Brampton Cineplex in Toronto, Canada, on Friday to unveil a giant billboard of his forthcoming movie Singh is Kinng.This is the first time an Indian movie has been so advertised and in such a manner at Toronto's prime Hollywood theatre location.
* China vs India: Which stock market is better? For all of 2006 and till October 2007, the Chinese stock markets were on a roll. From a paltry 1,220 in December 2005, the Shanghai Composite Index multiplied 4.27 times to 6,429 by October, registering one of the most rapid rises in stock markets across the globe.
* If the govt wins, will reforms get a boost? A lot of people in the world of business are hoping that if the government survives the confidence vote in Parliament on Tuesday, it will push ahead with long pending economic reforms in the six or seven months that it will still have before the election process kicks in.
* Now, Pfizer, Novartis, GSK under USFDA scanner Amid reports of a US Congress probe against India's largest drug maker Ranbaxy Laboratories, data show that many leading multinational companies such as Pfizer GlaxoSmithKline , Novartis and Merck are also under the scanner of the US drug regulator, for more or less similar violations as Ranbaxy is alleged to have committed.
* Cloud over US FDA inspection Two US Congress members have expressed doubts over the quality of inspections conducted by the US Food and Drugs Administration (FDA) on Indian drug manufacturing facilities.
* Britannia bets big on global markets With an aim to increase its exports business, biscuit maker Britannia Industries is betting big on new international markets . * Gitanjali plans Rs 1k cr diamond jewellery SEZ Gitanjali Group, the Rs 4,500-crore (Rs 45 billion) diamond-studded jewellery manufacturing firm, has evinced interest in setting up a special economic zone (SEZ) for diamond processing industry near Bangalore.
* Chinese hi-tech handsets for Rs 2000! Nearly six months after the Chinese government de-licensed its mobile handset industry, the Indian markets are being flooded with unbranded Chinese phones.And this time, these are not entry-level phones but mid-level, feature-rich products at aggressive prices between Rs 2,000 and Rs 5,000
* Olympics: A showcase of China's prosperity China's monumental showcase, the Olympics, begins on the auspicious Chinese "eighth of the eighth" - August 8, 2008, at 8 pm. Since it won the Olympic bid in 2001, it has pulled out all the stops to weave a spectacular "Tong yi ge menxiang, Tong yi ge shij" (or "One world, one dream") event.
* Dot plans fee for extra spectrum The Department of Telecommunications (DoT) has mooted a proposal under which operators will pay a one-time fee for all spectrum allotments beyond 6.2 MHz.
* BPCL to foray into bottled water, DTH biz Bharat Petroleum Corporation (BPCL), the country's second largest oil marketing company, plans to diversify into bottled water and direct to home (DTH) services in an attempt to boost its profits.
* How well do you know Naseeruddin Shah? * Silent Knight, Holy Fright * Avoid *Zindagi* at all costs * Remembering M P Shankar * Why is Akshay Kumar so angry? * RGV's *Contract* disappoints * Coming Soon: *The Simpsons Movie* -- Part II * Coming soon: Akshay's life story! * 'I was afraid to act with Mohanlal' * Kismat Disconnection
* Will MTN go to Bharti? The South African media has started speculating that the country's telecom giant MTN could look at a 'less controversial' deal with Bharti Airtel instead of RCOM, a group firm of Anil Ambani because of his feud with elder brother Mukesh.
* RCOM, MTN call off deal The much-touted deal between Anil Ambani group company RCOM and South African telecom giant MTN was called off on Friday
* Indian bowlers exploit conditions on Day 1 India commenced their tour of Sri Lanka on an impressive note. Their bowlers put up a tidy display and bundled out Sri Lanka Board XI for a modest 224, on a rain-truncated first day of the three-day warm-up match in Colombo, on Friday.
* Pics
* India retain Junior Asia Cup hockey title India staged a dramatic fightback to beat South Korea 3-2 and retain the Junior Asia Cup hockey crown in Hyderabad on Friday.
* We have 280-plus MPs: Cong The Congress on Friday claimed that it has the support of 280-plus MPs, which would ensure its victory in the confidence vote in the Lok Sabha on July 22.
* 'SP offered my MP Rs 15 crore to vote for UPA' senior Samajwadi Party leader called his party MP and offered him Rs 15 crore to vote in favour of the government and threatened the party and the member with dire consequences if he does not do so.
* What if the parties had not issued a whip?
* Mayawati PM if UPA government falls: Bardhan Communist Party of India General Secretary A B Bardhan on Thursday said that Bahujan Samaj Party chief and Uttar Pradesh Chief Minister Mayawati will be the prime minister if the United Progressive Alliance government loses the vote of confidence in the Lok Sabha on July 22.
* Hot rehearsal lights up Beijing The first full dress rehearsal of the opening ceremony of the 2008 Olympic Games was held in secret at the National Stadium in Beijing on Thursday night.
* RCOM-MTN deal called off
* Honorary LSE fellowship for RBI Governor Reserve Bank of India Governor Y V Reddy has been awarded an honorary fellowship by the prestigious London School of Economics and Political Science for his contribution to the cause of the under-privileged.
* Govt sets norms for sale of gas from Reliance, GSPC... In a move that will impact the freedom of Reliance and GSPC to sell natural gas they have discovered, the government has decided to set up priority sectors to which the fuel can be sold.
* IA cuts fares on UAE-Delhi, Mumbai routes by 20% A has cut fares on the UAE to Delhi and Mumbai routes by 20 per cent. The one-way fare has been cut from Dh500 (about Rs 5,500) to Dh 400 (Rs 4,400), while the fuel surcharge remains same. The new fares came into effect from July 14.
* Govt not using coporate money for trust vote: FM Finance Minister P Chidambaram on Friday rejected allegations of horse trading and corporate money power playing a role in the United Progressive Alliance government's trial of strength.
* Fitch's downgrade not a cause of worry: FM Finance Minister P Chidambaram on Friday downplayed the lowering of India's credit outlook by global rating agency Fitch, saying it is not a cause of worry as economic fundamentals are strong.
* Frame long-term policies, auction spectrum: Arun Sarin Upset over the policy framework for issuing new licences and allocating spectrum, GSM player Vodafone on Friday asked the government to formulate 'long-term' policies for sustainability and favoured auctioning of the radio frequency.
* Global warming: India calls for fresh approach Several flaws in carbon development mechanism scheme of the United Nations have defeated its purpose, India said on Friday and suggested a fresh approach at local level to tackle global warming.
* Of trust vote and bad economics A dispassionate understanding of the emerging world order would convince anyone that the Americans require the nuclear deal more than India does.
* PE investments in listed firms suffer $850m loss Private equity investments in listed firms have suffered a loss of as much as $850 million so far this year amid continuous downfall and tough market conditions, a latest study reveals.
* How well do you know Naseeruddin Shah? * Silent Knight, Holy Fright * Avoid *Zindagi* at all costs * Remembering M P Shankar * Why is Akshay Kumar so angry? * RGV's *Contract* disappoints * Coming Soon: *The Simpsons Movie* -- Part II * Coming soon: Akshay's life story! * 'I was afraid to act with Mohanlal' * Kismat Disconnection
* Jaitley challenges Cong Arun Jaitley, general secretary of the Bharatiya Janata Party, challenged the Congress party to go in for secret ballot to decide whether more BJP MPs favour the nuclear deal than those in Congress
* Where is Shibu Soren? Popularly known as 'Guruji' in Jharkhand, the 64-year old tribal leader is giving anxious moments to the United Progressive Alliance government, as the stand of its five Lok Sabha members on the trust vote is still a closely guarded secret.
* Ajantha Mendis is working on 'sixth' delivery Having bamboozled batsmen in the recent Asia Cup, Sri Lanka's [Images] 'mystery' spinner Ajantha Mendis sought to put Indian batsmen on the backfoot ahead of the Test series by Thursday disclosing that he was working on a new delivery to add more variety to his armoury.
* France backs India Ahead of the meeting of International Atomic Energy Agency Board of Governors to discuss safeguards agreement, France [Images] Thursday advocated the need for a global mechanism to enable India start civil nuclear cooperation with the other nations.
* China will not object at IAEA On the eve of India presenting its case on the Indo-US nuclear deal before the International Atomic Energy Agency, China hinted on Thursday for the first time it may not be a stumbling block when the safeguards accord comes up before the global nuclear watchdog for approval.
* 'NDA will not form govt' Maintaining that it wanted to seek a fresh mandate from the people, the Bharatiya Janata Party on Thursday said it would not try to form a government even if it had the numbers in case the United Progressive Alliance government failed the floor test in the Lok Sabha on July 22.
* Cong denies 'appeasement' The Congress on Thursday said that it was not indulging in a policy of 'appeasement' to woo smaller parties ahead of the trust vote in the Lok Sabha on July 22.
* Snapshots: Mars mission and Hadrian's head
* Rape victims' testimony sufficient: SC In a given case even if the doctor who examines a victim does not find any sign of rape, it is no ground to disbelieve the sole testimony of the prosecutrix (rape victim)," a bench of Justices Arijit Pasayat and P Sathasivam observed in a judgment.
* Images: India's largest private sector port opens
* TCS to hire more trainees than pros Tata Consultancy Services [Get Quote] which is on a cost control drive plans to optimise cost through hiring mix with inducting more number of trainees compared to professionals.
* No plan to review M & A norms in telecom: DoT The new telecom operators, which are yet to start services, are free to sell majority stake in their companies as the government today said there was no plan to review the merger and acquisition norms announced in April this year.
* Autodesk launches new versions of visual FX, finishing. Autodesk Inc, the world's leading design software and digital content company, on Thursday announced the launch of new versions of visual effects and finishing systems in the Indian market. .. * The Ambani war gets worse On Thursday, RIL issued the fourth letter to RCom threatening legal action over the MTN discussion, said an RCom spokesperson. MTN is a South African telecom major in which Anil Ambani has shown an interest to acquire stake.
* Biocon in top 25 global biotech cos' list Indian biotech firm Biocon [Get Quote] has been featured amongst the top 25 global biotehnology companies according to a report released by Med Ad News.
* Mutual funds: What's hot, what's not Mukesh Ambani Group's Reliance Petroleum and telecom majors Bharti Airtel and Reliance Communications have caught fund managers' fancy in June, emerging as their favorite picks, while a host of new stocks, including Spice Communications and Unitech entered their portfolios.
* Govt starts search for 27 PSU board members The government has started the search for over two dozen board members for various public sector enterprises such as State Trading Corp, Nalco, Power Finance, NTPC and PGCIL, including at least eight persons for the top posts like Chairperson or CMD.
* AOL, Microsoft discuss possible Yahoo! breakup Executives of Internet services firm AOL and software giant Microsoft held formal talks to discuss the possible $40-billion breakup of internet major Yahoo! on Wednesday, a media report said on Thursday.
* Tougher now for taxmen to impose penalty mposing some checks on arbitrary action by taxmen, the Income Tax Appellate Tribunal has made it tougher for the Assessing Officers (AOs) to impose penalty on common taxpayers.
* Prices to remain high for some time: FM Finance Minister P Chidambaram on Thursday said there is still pressure on prices, but monetary measures have started having an impact on the growth of money supply.
* Spotted: Vinod Khanna in New York * *Desi* days on the Hollywood marquee * Going where no actress has gone before! * Salman proposes marriage to Katrina * Why you must watch *The Dark Knight* * 'I am just like Dr Armaan' * Govinda's damage control exercise * Teaching Mallika Sherawat how to slap! * What connection does this man have with Spider-Man? * Sly and Arnie in Bollywood flick?
* BJP questions Speaker's impartiality The Bharatiya Janata Party has questioned the statement of Speaker Somnath Chatterjee that he would not like to be seen to vote along with BJP.
* Will go into Pakistan unilaterally, declares Obama Lashing out at President George W Bush [Images] for his failure to "roll up" the Al Qaeda leadership, presumptive Democratic nominee Barack Obama has insisted that his administration will go into Pakistan unilaterally if there was actionable intelligence.
* No action against Yuvi, Raina, Rohit: BCCI BCCI Vice-President Rajeev Shukla on Wednesday said the press report featuring three Indian players enjoying a midnight beach party before Asia Cup final in Karachi was totally wrong and the Cricket Board would neither enquire nor take any action against them.
* Orissa: 21 policemen feared killed by Maoists In the second major strike by Maoists in Orissa in less than three weeks, 21 policemen were feared killed in a landmine explosion and firing by the ultras in Malkangiri district on Wednesday.
* Players clash as India down Pakistan Star drag-flicker Diwakar Ram fashioned India's emphatic 3-1 win over Pakistan with a spectacular brace as the hosts stormed into the 6th Junior Asia Cup final after a violence-marred semi-final in Hyderabad on Wednesday.
* Volkswagen Jetta is here at Rs 13 lakh One of the most popular and successful European-made cars sold in the United States hit India's shores on Wednesday, as the Volkswagen Group launched the Volkswagen Jetta in Mumbai.
* RPI supports UPA Republican Party of India leader and Lok Sabha member Ramdas Athavale has said he will support the United Progressive Alliance government in the July 22 trust vote.
* BJP revokes MP's suspension With the aim of aligning its disgruntled Members of Parliament ahead of the July 22 vote of confidence in the Lok Sabha, the Bharatiya Janata Party on Wednesday revoked the suspension of Vallabh Bhai Katheria, party MP from Rajkot.
* First Look: Ronaldinho arrives in Milan Ronaldinho arrived at AC Milan's training ground on Wednesday where he was due to undergo a medical and sign a three-year contract.
* Nuclear deal worth the risk, says Rahul Gandhi Hailing Prime Minister Manmohan Singh's 'vision, tenacity and leadership' over the India-United States nuclear deal, Rahul Gandhi on Wednesday said that the accord was worth the risk and "if the government falls in the process so be it".
* TCS Q1 net rises to Rs 1,290.61 crore India's largest software exporter Tata Consultancy Services on Wednesday posted a consolidated net profit of Rs 1,290.61 crore (Rs 12.90 billion) for the first quarter ended June 30, 2008, an increase of 7.3 per cent compared to the year-ago period.
* Now, inflation data every Thursday Concerned over leakage of sensitive data on price rise, the government has decided to release the inflation figures on Thursdays against the current practice of announcing it on Fridays.
* 5 reasons why windfall profits tax is wrong A day after Reliance Industries chairman Mukesh Ambani met Prime Minister Manmohan Singh to forestall political attempts to throttle his oil refinery business, the petroleum ministry has come out with a detailed presentation to show that the demand for the windfall profits tax (WPT) on private oil companies is 'short-sighted populism' and 'bad economics.'
* RBI may raise interest rates further The Reserve Bank of India may go in for further tightening of money supply as there is no likelihood of inflation coming to single digit in the next six months, according to indications given by the central bank governor to a parliamentary panel
* Delhi-Mumbai industrial corridor by 2013 An ambitious $90-billion industrial project along side the Delhi-Mumbai dedicated rail freight route will be ready with manufacturing and trading hubs by 2013,a senior official said on Wednesday.
* Sabeer Bhatia, Parsvnath plan Rs 50,000-crore knowledge... Realty major Parsvnath Developers on Wednesday joined hands with Sabeer Bhatia, co-founder of Hotmail, to develop a 11,138 acres knowledge city near Chandigarh, where the company will initially invest Rs 400 crore (Rs 4 billion).
* PSU employees' DA hiked by 5% The government has increased the dearness allowance for officers and employees of the central public sector enterprises (CPSEs) by 5 per cent, to help them meet the increasing cost of living.
* Microsoft blasts Yahoo-Google ad deal A proposed online search advertising deal between Yahoo and Google came under fire at a US Senate hearing as Microsoft claimed that Yahoo CEO Jerry Yang had himself admitted that the agreement would hurt competition.
* Blood still runs thick in India Inc Corporate India, which has grown globally in stature, is still a far cry from the professional management as family-owned monoliths in the country still prefer insiders and relatives over better qualified outsiders and squabble unproductively, says US magazine Newsweek.
* Petro goods export ban: Govt differs with SP The government is unlikely to ban export of petroleum products or review the export-oriented status of Reliance Industries [Get Quote] Jamnagar refinery, as has been demanded by United Progressive Alliance government's new ally, the Samajwadi Party.
* Govinda's damage control exercise * Teaching Mallika Sherawat how to slap! * What connection does this man have with Spider-Man? * Sly and Arnie in Bollywood flick? * Why Meryl Streep took up *Mamma Mia* * Spotted: Saif Ali Khan in Stanstead airport * 'Who would take the risk of giving me a comedy role?' * What if Heath Ledger messes up? * Amol Palekar to make acting comeback * '*Main Teri Parchhaiyan Hoon* is not a *saas bahu*...
* Don't quit: SP to Speaker As the Communist Party of India - Marxist reportedly maintained pressure on Lok Sabha Speaker Somnath Chatterjee to resign, Samajwadi Party leader Amar Singh and two other party leaders met him on Tuesday and requested him not to quit the post.
* JMM undecided Keeping up the suspense on his party's stand on the confidence vote that the United Progressive Alliance government will seek in the Lok Sabha on July 22, Jharkhand Mukti Morcha supremo Shibu Soren on Tuesday said that he had to listen to his supporters before taking any decision.
* Images: 2008 may be most disastrous year ever! According to a report in the Environmental News Network, the total number of disasters as of June 30, 2008 already exceeds the average number of disasters recorded at mid-year over the past decade.
* PM, not Advani, changed stand on N-deal: BJP Reacting to an allegation that Bharatiya Janata Party leader Lal Kishenchand Advani supported the Indo-US nuclear deal but his party forced him to change his stand, the BJP on Tuesday said it was Prime Minister Manmohan Singh who had changed his position often over the years.
* N-deal vote: Shahabuddin asks HC for permission Convicted Rashtriya Janata Dal Lok Sabha member from Siwan Mohammed Shahabuddin on Tuesday moved the Patna high court seeking its permission to allow him to go to New Delhi to participate in the trust vote Prime Minister Manmohan Singh will seek on July 22.
* Yummy Italian tamaatar toasts
* Jailed ex-SP MP Atiq can vote on N-deal Controversial Lok Sabha MP Atiq Ahmed, facing trial in a number of criminal cases in Uttar Pradesh, was on Tuesday permitted by an Allahabad court to take part in the special session of Parliament next week during which the United Progressive Alliance government will seek a trust vote on the nuclear deal issue.
* The IAEA safeguards agreement explained Last Saturday, National Security Advisor M K Narayanan, Foreign Secretary Shiv Shankar Menon, Department of Atomic Energy secretary Dr Anil Kakodkar, and India's chief negotiator with the IAEA Dr R B Grover met journalists and answered the persistent questions about the India-IAEA draft agreement. The experts gave lucid explanations to all these questions (India can test, perpetuity of safeguards is tied with perpetuity of fuel supply, India's technical know-how is safe and no, the UPA did not cheat the Left) and more.
* Upset Maran may skip vote Dayanidhi Maran, former Union minister and estranged grandnephew of Dravida Munnetra Kazhagam Chief M Karunanidhi, may abstain from the trust vote to be sought by Prime Minister Manmohan Singh in the Lok Sabha on July 22 . * Left flays Dr Singh Communist Party of India - Marxist general secretary Prakash Karat on Tuesday squarely blamed Prime Minister Manmohan Singh and the Congress for the 'collapse' of the United Progressive Alliance-Left coalition by moving ahead with the nuclear deal to the International Atomic Energy Agency.
* Net copyright: WIPO calls on India The World Intellectual Organisation on Tuesday called on India to become a signatory to the two Internet treaties which will provide for global protection of the rights of copyright holders, performers and producers of phonograms.
* Tech, science jobs on the rise Amid concerns over lesser number of students taking up science as a career, a new study has shown that while the percentage of students taking up pure sciences remained static at 21, there was a 17 per cent increase in job opportunities in the field.
* Indians expect economic conditions to improve Inflation may be flirting with double-digit figures, but Indians living in metros seem to be an optimistic lot with most of them expecting the employment scenario as well as the economic conditions to improve in the near term.
* Indian investors most optimistic in Asia Soaring inflation and market volatility notwithstanding, Indian investors have emerged most optimistic in Asia and many of them believe the economy has improved in the second quarter of 2008, says a survey.
* Shipping min norms may hit offshore ops In a move that may cripple the nation's oil and gas production, the shipping ministry has issued new norms for operation of vessels in the Indian waters that will force leading operators like Oil and Natural Gas Corp and Reliance Industries to shut offshore operations.
* Ranbaxy slips 14%; gets Daiichi stake nod Ranbaxy plummeted for the second day in row on BSE on Tuesday with its shares closing a whopping over 14 per cent amid the US Department of Justice filing a motion against the company in a district court of Maryland alleging fraudulent activities.
* India's M & A scene heads for consolidation: KPMG Notwithstanding the economic slowdown that has impacted the merger and acquisition activities across the world, India is showing resilience even as the focus has changed from aggressive growth to consolidation, says a latest report.
* Nuclear energy to cut fuel sales' loss: Deora Petroleum ministry plans a second round of media blitzkrieg to explain the strategic importance of nuclear energy, which Oil Minister Murli Deora said, would help reduce revenue loss on fuel sales.
* 'I would rather invest in projects than a buyback' I want to instill confidence in my investors by completing my projects on time and by investing money in the projects concerned instead of going for a buyback, where the current market price is less than the buyback value. Investors can be kept happy in many ways. Sarang Wadhawan talks about his company's plans and projects in an interview with Business Standard
* Fitch cuts India's credit outlook to negative from. Deteriorating fiscal position of the Union government on account of increasing oil and fertiliser subsidy bill has prompted global credit rating agency Fitch to downgrade India's credit outlook from stable to negative on Tuesday..
* Heath Ledger's family attends *Dark Knight* premiere * Abhishek to romance Vidya Balan in *Pa* * Spotted: Boman Irani in Italy * *Sakkarakkatti* is worth a listen * 'Suicide was always on Guru Dutt's mind' * 'I never expected to win *Jo Jeeta Wohi Superstar*' * Spotted: Vikram at Chennai airport * Salman Khan's Dubai tryst * Amitabh Bachchan needs *your* help! * First Look: Celina does an item number
* Opponents of N-deal will thank us: Amar Singh Amar Singh is the man of the moment. As general secretary of the Samajwadi Party, which has just pledged support to the United Progressive Alliance after the exit of the four Left parties, there has been much speculation on how this small but powerful party would influence the working of the government and the course of economic reform.
* New Yorker depicts Obama's wife as terrorist A New Yorker magazine cover page depicting US Democratic presidential nominee Barack Obama [Images] as a traditionally dressed Muslim and his wife Michelle as a gun-totting terrorist has stirred a controversy with Obama's campaign slamming it "tasteless and offensive"
* 'Suicide was always on Guru Dutt's mind' On the 83rd birth anniversary of legendary filmmaker Guru Dutt, Sathya Saran's book, Ten Years With Guru Dutt: Abrar Alvi's Journey was launched.The book traces 10 years of Dutt's life, as seen through the eyes of Abrar Alvi, his close friend, scriptwriter and director of the classic, Sahib Biwi Aur Ghulam
* India may send more ITBP personnel to Kabul With Indian assets in Afghanistan facing increased terror threat, the government on Monday talked about the possibility of augmenting the strength of the Indo-Tibetan Border Police personnel there as Foreign Secretary Shivshankar Menon returned from Kabul after assessing the security scenario
* Government rubbishes Bardhan's allegations The government on Monday dismissed the Left's allegations that the ruling alliance was engaging in horse trading ahead of the crucial trust vote, dubbing such statements an insult to the members.
* India opposes military action against Iran With the US reportedly asking Israel to prepare for an attack on Iran, India on Monday voiced its opposition to any military action against the Persian country, saying it would constitute "unacceptable international behaviour" and have "disastrous consequences" for the region.
* Asif pleads innocence Pakistan bowler Mohammad Asif protested his innocence on Monday after it was confirmed he had failed a dope test during the Indian Premier League [Images] earlier this year
* IPL breaches rules: WADA he representative of the World Anti-Doping Agency in Pakistan on Monday slammed the Indian Premier League [Images] organisers for prematurely identifying the player who failed a dope test during the tournament.
* Gavaskar, Sehwag in World XI Sunil Gavaskar and Virender Sehwag are the only Indians to figure in a World XI selected by The Times writers.
* 'Kalam changed his stance on N-deal' Former Union minister and Bharatiya Janata Party leader Arun Shourie said that former President A P J Abdul Kalam changed his stand on the Indo-US nuclear deal after discussing finer points of it with him. He was addressing a joint press conference with Yashwant Sinha on Monday afternoon.
* Ranbaxy denes USFDA allegation India's biggest drugmaker Ranbaxy Laboratories which is under the scanner of USFDA, has said it would file on Monday its response denying allegations of systemic fraudulent conduct motion by US Department of Justice.
* Economy not slowing down: CII Strongly denying that economy is slowing down, CII President K V Kamath on Monday said one has to see India Inc's performance in the next two quarters to pass a judgement
* No corporate lobbying: Cong on Ambani-PM meet On a day when industrialist Mukesh Ambani met Prime Minister Manmohan Singh in the backdrop of the wishlist of Samajwadi Party, Congress on Monday dismissed charges of corporate lobbying ahead of the trust vote in the Lok Sabha on July 22.
* FM mania hits Kerala Its 'FM mania' in Kerala with at least six private players wooing listeners with a variety of non-stop programmes, new songs, movie releases, film gossip and much more.
* DTH violation: Show-cause notice to Bharti The government has asked Sunil Mittal's Bharti group to explain 'violation' of foreign direct investment and other guidelines in its direct-to-home services, licence for which was issued some time back.
* BSNL to invest Rs 5,000 cr on WiMax project Bharat Sanchar Nigam Ltd plans to invest around Rs 5,000 crore (Rs 50 billion) in its Wimax project.
* Rs 67 crore VIP jet for Maharashtra by year-end Maharashtra government would purchase a Rs 67 crore (Rs 670-million) eight-seater jet aircraft. The aircraft would be at its disposal by the end of December.
* Will MTN go back to Bharti? Media speculates The South African media has started speculating that the country's telecom giant MTN could look at a 'less controversial' deal with Bharti Airtel instead of RCOM, a group firm of Anil Ambani because of his feud with elder brother Mukesh.
* Ministry asks MRPL to put on hold new retail fuel... Petroleum ministry has asked Mangalore Refinery and Petrochemicals Ltd to put on hold the setting up of new retail outlets for two years due to under recoveries in retail marketing of petrol and diesel, the company has informed its shareholders.
* Sensex ends down 139 points; Infosys drops 7% The Sensex opened with a negative gap of 110 points at 13.360 on the back of continued weakness in technology stocks. Fresh buying in energy and metal stocks helped the index rebound into the positive zone and touch a high of 13,559.
* 'Suicide was always on Guru Dutt's mind' * 'I never expected to win *Jo Jeeta Wohi Superstar*' * Spotted: Vikram at Chennai airport * Salman Khan's Dubai tryst * Amitabh Bachchan needs *your* help! * First Look: Celina does an item number
* Contestant gets injured in reality TV show A reality television show went horribly wrong in Indore when a contestant, Anjar Khan, was seriously injured. While promoting the new show, which will be telecast later this month, Khan was required to do an underwater stunt. But he could not get out of the water in time.
* It's twins for Angelina, Brad * *Minnaminnikkoottam*: Not engaging enough * A *Hancock* and bull movie
* 'Indian hockey doesn't need foreign coaches' rked by the hullabaloo over Ric Charlesworth's out-of-the-blue resignation from the Technical Advisor's post, Olympian Balbir Singh Sr on Sunday said India does not need foreign coaches at all to revive hockey's past glory in the country.
* Surendra qualifies for Olympics ndia's Olympic contingent just got larger with Surendra Singh improving his one month old national record in the men's 10000m run en route to a fourth place finish in the Spanish Olympic trials 'Campeonato De Espana de 10000' at Vigo, Spain.
* Mayawati's call to Naidu raises UNPA's hopes Telugu Desam Party President N Chandrababu Naidu's efforts to strengthen the United National Progressive Alliance of smaller parties got a shot in the arm when Bahujan Samaj Party president and Uttar Pradesh Chief Minister Mayawati spoke to him over phone on Sunday.
* Andhra Pradesh CM set to makemovie debut Andhra Pradesh Chief Minister Y S Rajasekkhara Reddy is playing himself in a Telugu movie with a 'social message', which will hit the screen just before the next elections.
* Baichung sizzles Baichung Bhutia sizzled on a starry night with a spectacular brace in the 'Goal 4 Africa' charity match between two all-star international teams at the Allianz Arena in Munich.
* Live Score: England vs South Africa, 1st Test
* Maya 'camouflaged' assets as donations: CBI The Central Bureau of Investigation has alleged that Mayawati 'camouflaged' various sources of funds to the tune of Rs 13.18 crore by naming over 130 people as 'donors', who did not have money to make their daily ends meet.
* Marxists may back Congress post election The Left parties may have snapped ties with the United Progressive Alliance over the Indo-US nuclear deal on an acrimonious note, but the Communist Party of India-Marxist is not averse to supporting the Congress-led coalition after the next elections provided 'they do not betray it like this time'.
* Menon in Kabul to ensure safety of India's assets Amid threats of fresh attacks on Indian assets in Afghanistan following the deadly suicide bombing at its embassy, Foreign Secretary Shivshankar Menon arrived in Kabul on Sunday to discuss ways to revamp security to thwart designs of the Taliban and its mentor Inter Services Intelligence.
* Numbers game clearly favours nobody As the Manmohan Singh government braces for its first trust vote, the numbers game will be a dicey affair with fence sitters expected to have a field day.
* Do you have a core portfolio in place?
* Inflation: 10-year bond yields hit 7-year high
* IT growth may dip in '08-09: Nasscom
* Broadband spectrum: Trai recommends e-auction
* UN's India solar programme wins award
* Weaker Re to hit HCL Tech bottom line up to Rs 320...
* We're optimistic despite negative sentiments: Infy.. . * Mumbai the commercial capital? Well. . . * July 11: Black Friday for Indian economy
* Nariman Point to Borivali in 45 mins
* A *Hancock* and bull movie * *Kung Fu Panda* is a Dream * *Minchina Ota* tests your patience * Avoid *Citizen* at all costs * Madonna's affair: A-Rod's wife has proof * Katrina joins *Amar Akbar Anthony* cast * 'Aamir Khan said I did a fantastic job in *Jaane Tu*' * Mallika to do a Sridevi in next * Spotted: Fardeen Khan in London * Madhavan to remake *Yes Boss* in Tamil
NPA against UPA The Nagaland People's Front (NPA) will vote against the Congress-led UPA government at the Centre in the trust vote in Parliament on July 22, Nagaland Chief Minister Neiphiu Rio said on Saturday
IT growth may dip in '08-09: Nasscom The Indian IT industry, which has been clocking impressive growth rate in recent years, is likely to see a slow down in the next fiscal due to competition from China, the Philippines and Sri Lanka, industry body Nasscom has said.
Centre tries to dispel fears on nuke deal The UPA government on Friday insisted that the country's "sovereign" interests, including in strategic nuclear field, were protected in the IAEA safeguards agreement and expressed confidence about getting an exemption from the Nuclear Suppliers Group.
Talwar family should sue UP police: Minister Union Minister for Women and Child Development Renuka Choudhary on Saturday slammed the Uttar Pradesh police for "bungling" the Aarushi murder case and said the Talwar family should sue them.
Syed Kirmani offered Bengal coach's job Having failed to rope in Tamil Nadu coach Woorkeri Venkat Raman for Bengal's forthcoming Ranji season, the Cricket Association of Bengal (CAB) has now approached former Indian wicketkeeping legend Syed Kirmani for the job.
Gowda sets condition Everything comes with price. That is what Janata Dal (S) seems to be saying to the Congress in this time of political uncertainty. Though the party, which has three MPs, said it was yet to take a stand on the crucial nuclear deal, a top leader told rediff.com that it has set a list of conditions to the Congress.
Bhutia takes his place with football giants Indian football icon Baichung Bhutia is all set for a memorable experience of playing under the captaincy of either Michael Ballack or Clarance Seedorf in the 'Goal 4 Africa' charity match in Munich on Saturday night (2330 hrs IST).
Basu fumes Even though the Left parties have withdrawn support to the Congress-led UPA Government, CPI(M) patriarch Jyoti Basu has advised his party not to play an active part to pull it down.
Karat has reasons to fume: RSS Giving an indication of thawing of ice between two bitter ideological rivals, the RSS on Saturday empathised with CPI(M) general secretary Prakash Karat by saying he had "reasons for fuming" at the Congress for humiliating his party in handling the Indo-US nuclear deal.
Pakistan is behind Kabul blast, says India India on Saturday said it has a fair amount of intelligence about Pakistan's involvement in the Monday's suicide attack on its embassy in Kabul
Do you have a core portfolio in place? At Personalfn, we regularly interact with investors who need assistance with their financial planning. And often the latter entails (among others), conducting a review of their existing investment portfolios. An increasingly common and rather disturbing trend is the absence of a solid 'core' portfolio.
Inflation: 10-year bond yields hit 7-year high Responding to the rising inflation, prices of the 10-year government bonds declined further, pushing the yield to seven-year high at 9.55 per cent.
IT growth may dip in '08-09: Nasscom
Broadband spectrum: Trai recommends e-auction The telecom regulator has suggested simultaneous ascending e-auction method, starting with the online auction of the lowest band, for allocation of broadband and wireless access spectrum.
UN's India solar programme wins award A United Nations programme which has helped bring solar powered electricity to some 100,000 people across 18,000 rural Indian households has won the prestigious UN-21 award for efficiency and effectiveness.
Weaker Re to hit HCL Tech bottom line up to Rs 320... HCL Technologies India's fifth largest IT services firm, may incur forex losses between Rs 280 crore (Rs 2.8 billion)and Rs 320 crore ($65-75 million) for the fourth quarter ended June 30, 2008, owing to a weak rupee that fell 7.3 per cent (end-of-period) in the April-June quarter.
We're optimistic despite negative sentiments: Infy... Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities, geographies and centres of excellence will have to be balanced against billing cycle delays and other pitfalls of the market
Mumbai the commercial capital? Well. . . Mumbai has long prided itself on being the country's commercial capital. Maybe the time has finally come for it to give up such notions. For, a news report last week said that, for the first time, there are more airline flights operating out of Delhi than Mumbai
July 11: Black Friday for Indian economy Friday highlighted growing pressures on the economy after fresh data showed that industrial growth fell to a disappointing low in May and wholesale prices inched higher, leading the finance ministry to warn that double-digit inflation was here to stay till the end of the year.
Nariman Point to Borivali in 45 mins Mumbaikars will have some relief from the growing traffic snarls and crowded local trains. In two years, they will be able to take the waterway, forking out Rs 70 for a 45-minute journey between the city's commercial centre Nariman Point and its suburbs in Borivali, while enjoying the Arabian sea breeze.
A *Hancock* and bull movie *Kung Fu Panda* is a Dream *Minchina Ota* tests your patience Avoid *Citizen* at all costs Madonna's affair: A-Rod's wife has proof Katrina joins *Amar Akbar Anthony* cast 'Aamir Khan said I did a fantastic job in *Jaane Tu*' Mallika to do a Sridevi in next Spotted: Fardeen Khan in London Madhavan to remake *Yes Boss* in Tamil
We are in the process of making history: Dr Singh With the top Congress leadership closing ranks over the Indo-US nuclear deal, Prime Minister Manmohan Singh on Friday night said India is in the process of making history by going ahead with the deal.
Images: When Sonia was all ears
UNPA's 8 MPs to vote against UPA in Parliament The United National Progressive Alliance comprising the Telugu Desam Party, Asom Gana Parishad and Jharkhand Viakas Morcha with eight lawmakers in Lok Sabha will vote against the confidence to be sought by Prime Minister Manmohan Singh
Images
Why Charlesworth quit Failure to get his salary arrears cleared and inadequate working conditions are the main reasons for India's hockey consultant Ric Charlesworth quitting abruptly.
The narco-test that cracked the Aarushi case Finally, the Central Bureau of Investigation appears to have located some clarity in the Aarushi Talwar-Hemraj murder case after groping in the dark for almost a month.
PM post: Advani most favoured, Dr Singh least BJP leader L K Advani gets the maximum vote for prime minister's post with 17 per cent of those surveyed preferring with Congress President Sonia Gandhi trailing him closely at 15 per cent and Rahul Gandhi at 11 per cent.
Bell hits ton Ian Bell recorded his highest score for England on Friday with an unbeaten 171 at tea on the second day of the first Test against South Africa at Lord's.
Obama lends his support to nuke deal This should be music to the cheer leaders of the Nuclear deal. Democratic Party's presidential nominee Barack Obama has said he is "reluctant to seek changes" in the Indo-US deal and hopes to see this process concluded before the end of 2008
England planning IPL rival With the Indian Premier League, and its unsanctioned rival the Indian Cricket League, dominating sports headlines in recent months, four major English county clubs are planning a new �50m Twenty20 tournament in England in June and July from 2010.
Inflation up, industry down; growth targets may go... Adding to the woes of the government, the inflation on Friday inched towards 12 per cent mark while the industrial growth nosedived to 3.8 per cent amid fears that RBI could take more price control steps that could make the borrowing further costlier
India's days of 9% growth over: Citi "...the days of 9 per cent plus growth are over and we believe that India has lost the opportunity to sustain those levels for now, and we expect growth to come in around 7 per cent plus levels in FY'2009-10," Citigroup, in its latest economic and market analysis report for India, stated.
Spielberg's company approaches Eros for stake sale Mr Lulla says there are no plans for acquisitions, despite revealing that a banker recently asked if he would consider buying a stake in Steven Spielberg's DreamWorks studio, currently the subject of talks with Indian billionaire Anil Ambani's Reliance Group," an article in the newspaper's online edition said.
'Double digit inflation to continue in 2008' Finance Minister P Chidambaram's adviser Shubhashis Gangopadhyay on Friday predicted that double digit inflation will continue throughout the year 2008 and could impact the economic growth negatively.
'Essential items' prices stabilised' Allaying fears fuelled by a rise in inflation to a new 13-year high of 11.89 per cent, the finance ministry said on Friday prices of essential commodities have almost stabilised.
ArcelorMittal launches clean technology VC fund ArcelorMittal said on Friday it has launched a clean technology venture capital fund with an initial investment of $20 million in California-based Miasole.
Sensex ends down 456 points; tech stocks slide The Sensex finally ended with a significant loss of 456 points at 13,470.
NSA supervises talks for Blackberry solution: Raja The National Security Adviser is now supervising the discussion to find a solution to the controversial Blackberry services, over which agencies have raised serious security concerns.
Infy, TCS, Wipro most admired cos: WSJ IT majors Infosys , TCS and Wipro have emerged as the three most admired companies in India, followed by Sunil Mittal-led telecom giant Bharti Airtel [ and another Tata group company Tata Steel in the top five, according to a list prepared by the Wall Street Journal Asia.
'India set for nanotechnology revolution' India is all set for a nanotechnology revolution, which would dramatically improve the standard of life of the people and find solutions to major problems in health, agriculture and water management, according to an internationally well known researcher in the field.
A *Hancock* and bull movie *Kung Fu Panda* is a Dream *Minchina Ota* tests your patience Avoid *Citizen* at all costs Madonna's affair: A-Rod's wife has proof Katrina joins *Amar Akbar Anthony* cast 'Aamir Khan said I did a fantastic job in *Jaane Tu*' Mallika to do a Sridevi in next Spotted: Fardeen Khan in London Madhavan to remake *Yes Boss* in Tamil
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