amway-india-chiefs-bail-plea-hearing-today

Amway India chief's bail plea hearing today

Kurnool, May 28 (ANI): A Kurnool district court will hear the bail petition of Managing Director and Chief Executive Officer of the direct selling company, Amway India, William S Pinckney today. The Andhra Pradesh police had arrested Pinckney from Gurgaon on Monday for alleged cheating and embezzlement of funds. He has been remanded to jail in Kurnool town of Andhra Pradesh till June 07. This is the second time Pinckney has been arrested. He was arrested by the Kerala police last year along with two company directors for alleged financial irregularities. May 28, 2014
manmohan-singh-meets-afghan-president-hamid-karzai

Manmohan Singh meets Afghan President Hamid Karzai

New Delhi, May 26 (ANI): India’s outgoing Prime Minister Manmohan Singh on Monday met Afghanistan President Hamid Karzai, who arrived in New Delhi to attend Narendra Modi's oath taking as India's next Prime Minister. The decade-long journey of Manmohan Singh as India's Prime Minister came to an end on May 17. Karzai had last met Singh in December last year where they discussed bilateral, regional and international issues of mutual concern. Kabul seeks to enhance economic engagements and security cooperation with New Delhi. May 26, 2014
cpi-m-targets-wb-govt-after-hindustan-motors-suspends-operations-at-uttarpara

CPI (M) targets WB Govt after Hindustan Motors suspends operations at Uttarpara

Kolkata, May 25 (ANI): The CPI (M) on Sunday targeted the TMC led West Bengal government, over the suspension of work declared at the Uttarpara plant of Hindustan Motors in West Bengal, by its owners. Party leader Shyamal Chakraborty said that the West Bengal government is not looking at the problems of the workers who have not got their salary for the past 6 months. The CK Birla owned auto flagship Hindustan Motors, which has been making iconic brand- Ambassador, on Saturday declared suspension of work at its Uttarpara plant. The company sent a notice to this effect to stock exchanges citing low productivity, large accumulation of liabilties, critical shortage of funds and lack of demand for the core product-Ambassador cars as the reasons for the shut down. May 25, 2014
Twitch

YouTube's Twitch Acquisition: Key Facts about the Google Deal

Though the YouTube (under Google) and Twitch deal is yet to be made official, reports from well known Wall Street-based business media houses are predicting that both companies are negotiating terms and conditions under closed doors and may confirm the news soon. To help get a better perspective of the deal, we have compiled a few aspects of the process. May 22, 2014
rbi-governor-says-fiscal-discipline-key-for-economic-growth

RBI governor says fiscal discipline key for economic growth

New Delhi, May 21 (ANI): RBI governor Raghuram Rajan has reiterated his call for fiscal discipline. Rajan stated that it is essential for the country to achieve sustainable economic growth. Although the comments were part of a broader speech on public sector banks, they come as India's newly elected government led by Narendra Modi is set to face its first credibility test with markets when it delivers a budget by July. Rajan repeated his call while noting that India would not always be able to rely on banks to buy a large portion of its government debt as it usually does. Banks, in turn, raise the funds needed to buy the bonds by attracting deposits from retail investors. May 21, 2014