National

October 24, 2012 6:30 PM

Australian man pleads guilty to murdering Indian woman

A 21-year-old Australian man has pleaded guilty to murdering a young Indian woman, whose dismembered body was found in a Sydney canal last year. The body of Tosha Thakkar, 24, was found in the suitcase floating in a canal near the Parramatta River at Meadowbank bysome construction workers in March 2...

October 24, 2012 6:28 PM

Rajat Gupta set to be sentenced in US court

Former Goldman Sachs director Rajat Gupta is set to be sentenced by a US judge in New York later on Wednesday evening on insider trading charges. The sentence comes after a year after he was charged with passing boardroom secrets to the now-imprisoned hedge fund founder Raj Rajaratnam.The Prosecutio...

October 24, 2012 5:39 PM

Sebi seeks strong legislation to check public money collection

Market watchdog Sebi has sought strong legislation to check public money collection without the needed approvals. Sebi Chairman U K Sinha said this is required to tackle the menace of companies collecting large amount of money from the public without requisite regulatory approvals and for dubious in...

October 24, 2012 5:38 PM

Kingfisher management says most employees have agreed to resume work

Kingfisher Airlines management on Wednesday claimed that most of the employees have agreed to resume work from Friday. But the claim has been disputed by a section of Airlines' employees.In a fresh letter to the striking staffers, airlines' CEO Sanjay Aggarwal said, as a goodwill gesture, ...

October 24, 2012 5:07 PM

FIR against 26 officials in irrigation scam

Aurangabad police have registered an FIR against 26 top Maharashtra officials, including a former chief secretary, in the irrigation scam. The case related to alleged irregularities in the construction of 11 barrages by the Godavari Marathwada Irrigation Development Corporation in Marathwada Region....

October 24, 2012 5:06 PM

22 Indian Fishermen released by Qatar

Qatar has released 22 Indian fishermen after spending nearly three weeks in jail there. They were arrested off Qatar's coast at Al Ruwais on the 7th of this month for crossing the International Maritime Boundary Line.Officials in Kanyakumari, Tamil Nadu said all the fishermen were employed in a...

October 24, 2012 2:16 PM

PM asks CPSEs to use cash surplus to revive economic growth

The Prime Minister has asked the Central Public Sector Enterprises, CPSEs to use the cash surplus into real investment in order to boost spending and revive economic growth. Addressing their meeting of top 25 Enterprises in New Delhi Dr. Manmohan Singh pointed out that investment rate should be incr...

October 24, 2012 2:04 PM

Loss of Rs 100 cr detected in spending by 6 army commanders: Audit report

An internal audit report of the Defence ministry has detected a loss of over 100 crore rupees in spendings by six army commanders between 2009 and 2011. The army, however, contested the loss of 100 crore rupees in procurements and insisted that no rules have been violated. The Defence Ministry had o...

October 24, 2012 1:49 PM

Vijaya Dashami, Dusshera celebreted with great pomp & gaiety

Dussehera festival, marking the triumph of good over evil is being celebrated throughout the country today with great enthusiasm and religious fervour.The President, the Vice President, the Prime Minister and Congress President Sonia Gandhi have greeted the nation on the occasion. In his message, Mr...

October 24, 2012 1:48 PM

Kingfisher Management to expedite payment of October Salary

Kingfisher management today said, it would expedite payment of October salary ahead of Christmas and claimed that most of the employees have agreed to resume work from Friday. In a fresh letter to the striking staffers, airline CEO Sanjay Aggarwal said, as a goodwill gesture the company will pay ful...

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