Business

July 11, 2014 9:42 AM

Will consider hiking insurance cover for rail accident victims: Rail Min

Senior BJP leader Ram Naik while speaking in Mumbai on Thursday, said that the Union Railway Minister Sadanand Gowda has assured him that the demand for increasing the insurance cover to victims of train accidents would be positively considered. Naik said he and Mumbai North MP Gopal Shetty met the ...

July 11, 2014 9:40 AM

Video conferencing facility in courts, jails can save lakhs: B'bay HC

Lambasting Maharashtra Government for its apathy towards introducing video conference facility in courts and jails, the Bombay High Court said the state and police can save at least Rs 15 lakh every day by not producing accused physically in cases which come up for hearing.The bench while hearing a ...

July 11, 2014 9:26 AM

Video conferencing facility in courts and jails can save lakhs: B'bay HC

Lambasting Maharashtra Government for its apathy towards introducing video conference facility in courts and jails, the Bombay High Court said the state and police can save at least Rs 15 lakh every day by not producing accused physically in cases which come up for hearing.The bench while hearing a ...

July 11, 2014 9:10 AM

Hiking insurance cover for rail accident victims to be considered: Rail Min

Senior BJP leader Ram Naik while speaking in Mumbai on Thursday, said that the Union Railway Minister Sadanand Gowda has assured him that the demand for increasing the insurance cover to victims of train accidents would be positively considered. Naik said he and Mumbai North MP Gopal Shetty met the ...

July 11, 2014 9:08 AM

SEBI asks IRDA to extend disclosure policy to insurers

After getting mutual funds (MF's) to reveal their voting details on resolutions of companies in which they hold considerable stake, capital markets regulator Securities and Exchange Board of India (SEBI) now wants to extend the same disclosure policy to insurers. SEBI has requested the sect...

July 11, 2014 8:25 AM

ED takes Saradha Group chief Sudipta Sen on 10-day remand

A local court in Odisha has allowed the Enforcement Directorate ED to take Saradha Group chief Sudipta Sen on remand for ten days. Sen was produced before the district and sessions court in Bhubaneswar by the ED, which sought a 15-day remand. After hearing the ED's appeal, sessions court ju...

July 10, 2014 9:22 PM

Industry hails Budget 2014-15

Welcoming the Narendra-Modi-led NDA government's maiden Budget 2014-15, industry players said, it sets the tone for attaining higher growth trajectory, job creation and attracting investments for an economy grappling with multiple challenges. CII President Ajay Shriram said, the approach of...

July 10, 2014 9:10 PM

Industry hails Budget 2014-15

Welcoming the Narendra-Modi-led NDA government's maiden Budget 2014-15, industry players said, it sets the tone for attaining higher growth trajectory, job creation and attracting investments for an economy grappling with multiple challenges. CII President Ajay Shriram said, the approach of...

July 10, 2014 8:06 PM

Budget to encourage development of smart cities

To encourage development of smart cities, the capital and requirement of built up area has been reduced.A sum of Rs 7060 crores has been announced in the budget for developing 100 smart cities. Master planning of three new smart cities - Ponneri in Tamil Nadu, Krishnapatnam in Andhra Pradesh and Tum...

July 10, 2014 7:56 PM

Budget to encourage development of smart cities

To encourage development of smart cities, the capital and requirement of built up area has been reduced.A sum of Rs 7060 crores has been announced in the budget for developing 100 smart cities. Master planning of three new smart cities - Ponneri in Tamil Nadu, Krishnapatnam in Andhra Pradesh and Tum...

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