Search Results for: economic recession

India and China's Rating Fall; Corruption and Scandals Take Toll on Nations' Image

India and China have been seen as future super powers by the world but their positive views have taken a dip over the last year, according to a recent poll conducted by GlobeScan along with Program on International Policy Attitudes (PIPA) for BBC World Service.

May 24, 2013

Phaneesh Murthy Case: Latest Twist Adds Love Child Too

The law firm representing Araceli Roiz, the iGate employee who is allegedly pregnant with Phaneesh Murthy's child, is contemplating court action against the ousted CEO and the company as well.

May 23, 2013

maruti-suzuki-india-posts-5-5-declines-in-sales-in-march

Maruti Suzuki to Roll Out New Diesel LCV from Gujarat Facility

India's largest passenger car maker Maruti Suzuki is said to have cleared the proposal for the manufacturing of its first light commercial vehicles (LCV).

May 16, 2013

Railway Bribery Scam: Bansal Took ₹15 Lakh from Son's Firm; Family CA Became Bank Director

Railway minister Pawan Kumar Bansal's alleged involvement in a bribery scam took a new turn with records pointing to an unsecured loan of ₹15 lakh, allegedly sanctioned to the minister in 2011 by Theon Pharmaceuticals.

May 10, 2013

Why China's Incursion in Ladakh Preceded Khurshid's Visit?

Ever since 1959 when the Tibetan Religious leader Dalai Lama crossed the mountains and sought refuge in Dharmashala, India's relations with China were on a rollercoaster and the 1962 war was a decisive factor that can never revert an unequal relationship set between the two giants.

May 3, 2013

bajaj-auto-to-roll-out-5000-units-of-039quadricycle039-re-60

Tata Motors, Maruti Suzuki Oppose Bajaj’s Quadricycle Project; Slam RE60 Plans

Even as Bajaj Auto Ltd waits for the government's issuance of regulations on quadricycles, country's second largest two-wheeler maker faces strong objections from its rivals Tata Motors and Maruti Suzuki.

Apr 27, 2013

Shah Rukh Khan to Pay ₹19 Lakh for 'Mannat' Lease Renewal?

Shah Rukh Khan, the Badshaah of Bollywood, will now have to pay several lakhs to claim his gigantic bungalow which is located near the seashore at Bandra's bandstand due to the revised rates of leased plots.

Apr 26, 2013

Saradha Chit Fund Scam: Why Mamata Reacts, not RBI?

The chit fund company has, no doubt, defrauded thousands of investors, including the poor and to portray herself as pro-poor, Mamata reacted rather abruptly creating a ₹500-crore fund to help these investors. More than helping the poor, the CM's move brings into question how such frauds should be dealt with in future, both by the government and the regulator, here the RBI.

Apr 25, 2013

king-jigme-khesar-namgyel-wangchuck-and-queen-jetsun-pema-wangchuck

Bhutan, The Nation of 'Gross National Happiness' Votes For Second Time

The tiny Himalayan kingdom of Bhutan began voting Tuesday for the lower house "National Council" only for the second time, five years after the country became a Democratic Monarchy in a historic move that saw the king voluntarily stepping down from his absolute power. The voting will follow the more important election for the National Assembly in June in which a political party will be elected as the new government.

Apr 25, 2013