Merger & acquisition guidelines for telecom cleared

An empowered group of ministers (EGoM) 0f India cleared the much-awaited final merger & acquisition (M&A) guidelines for the telecom sector. The EGoM also decided to increase the quantum of 1,800-MHz spectrum to be put up for auctions in January to 403 MHz, an addition of 118 MHz, or 41.4 per cent, to what it … Read more

Sala Budha – Tale of Human Values and Generosity

The Director of the Odia film, ‘Sala Budha’ (The Stupid Old Man) Sabyasachi Mohapatra has said that instead of looking at elderly people as liability by the younger ones, he feels that they are a great resource for leading the society. He said this at a media interaction here today during the 44th International Film … Read more

India-Mauritius to Boost Education

Dr. M.M. Pallam Raju, Hon’ble Minister of Human Resource Development visited Mauritius on 19th-20th November, 2013. During the visit, Dr. Pallam Raju paid a courtesy call on the Hon’ble Prime Minister of Mauritius, Dr. Navinchandra Ramgoolam and held bilateral meetings with the Minister for Tertiary Education, Science and Research, Dr. R. Jeetah as also with … Read more

Nari Ki Choupal – Women’s Empowerment

The Nari Ki Choupal is a unique forum for women and men from all backgrounds to come together and share their stories, experiences and learning as well as receive exposure to a multiplicity of government schemes and programmes based on women’s empowerment. This colourful yet enlightening series of events kicked off with a Special Gram … Read more

No NOC required for NRI investment in Finance firm – RBI

Indian bank RBI said that it has waived the requirement of No Objection Certificate (NoC) with regard to share transfer from residents to non-residents where the investee company is in the financial services domain. It, however added that the ‘fit and proper or due diligence’ requirement as regards the non-resident investor as stipulated by the … Read more

Hamid Ansari inaugurates Festival of India – 2013 in Havana Cuba

Indian Vice President Hamid Ansari inaugurated the cultural extravaganza – Festival of India – 2013 in Cuban capital Havana. Over five thousand Cubans thronged to witness the classical fusion performance “Nrityarupa” that skillfully blended ancient Indian classical dances – Bharatanatyam, Kathakali, Kathak, Chhau, Manipuri and Odisi. Amidst thunderous applause from spirited Cubans, Vice President Ansari … Read more

Sardar Vallabh Bhai Patel Museum

Prime Minister Dr. Manmohan Singh will inaugurate the Sardar Vallabhbhai Patel National Museum at Ahmedabad this evening. Dr. Singh will arrive in Ahmedabad by a special aircraft this evening and is scheduled to visit the Rajiv Gandhi Bhavan – the headquarters of the Gujarat Pradesh Congress committee. Sardar Patel National Museum has been developed at … Read more

US Google stock tops $1000 on strong earnings

Google stock topped $1,000 a share in early trading Friday on a strong earnings report. The shares hit their all-time high after the search-engine giant  expanded its mobile and overseas businesses while keeping ad-rate declines in check. At midday, shares were at $1,008, up 13.5 percent. At least 16 brokerages raised their price targets on … Read more

Indian economy to grow at over 5% in 2013-14

Dismissing the IMF’s growth rate projection of 3.8 per cent for India this year, Finance Minister P Chidambaram says that he does not share their pessimism and the Indian economy will grow at over 5 per cent in 2013-14. Addressing a Washington-audience yesterday, Chidambaram attributed this to the good rainfall in the current year resulting … Read more

India strengthening the tertiary care cancer facilities

The Cabinet Committee on Economic Affairs (CCEA) has approved the scheme for strengthening the tertiary care cancer facilities under the National Program for Prevention and Control of Cancer, Diabetes, CVDs and Stroke (NPCDCS) at total cost of Rs.4,697 crore with Central Government and State share of Rs. 3,535 crore and Rs. 1,162 crore respectively. Cancer … Read more

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