HYDERABAD: Shares of SKS Microfinance , India’s largest and only listed microfinance company, plummeted by nearly 10 per cent in morning trade on Tuesday, after the firm posted a net loss of Rs 384 crore in the second quarter that ended on September 30. The company did not even have funds to pay salaries to [...]
MUMBAI: The BSE benchmark Sensex gained nearly 70 points in early trade on Tuesday on fresh buying influenced by firm cues from other Asian bourses. The 30-share index rose by 69.62 points, or 0.39 per cent, to 17,632.23 in early trade. Buying in capital goods, refineries, power, auto and metal stocks helped the Sensex gain. [...]
WASHINGTON: Citigroup’s Indian American Chief Executive Vikram Pandit says last week’s collapse of MF Global Holdings Inc. proves that the financial world needs ever more transparency on disclosure and derivatives as well as a better way to regulate non-banks. Advocating putting derivatives on clearinghouses and exchanges, Pandit on Monday pointed to MF Global’s European exposures, [...]
People in the State pay the highest sales tax for petrol, and though sacrificing the hiked price would entail an immediate revenue loss, it would earn the government a political mileage and gratitude of people, say many leaders. HYDERABAD: Will Kiran Kumar Reddy play a Mamata-sentiment or don the shirt of YSR on fuel prices [...]
Hyderabad: Alleging that the Congress was deceiving the people for the last 60 years over Telangana issue, veteran Congress leader G Venkatswamy, popularly known as Kaka, has warned the party high command that “he would show his strength after recouping.” Speaking to the media after calling on the fasting former minister Komatireddy Venkat Reddy at [...]
Rajahmundry: Fishermen, who went into the sea to lay a siege to the GSPC rig under the leadership of Mummidivaram MLA Ponnada Satish and Yanam MLA Malladi Krishna have withdrawn their stir after the government assured them that their problems would be discussed. The fishermen, who have started to surround the rig in 500 boats, [...]
New Delhi: Freedom fighter Konda Lakshman Bapuji has ended his seven-day fast for Telangana at the Jantar Mantar here on Monday. Speaking to the media on the occasion, he said he would continue his fight for Telangana in different forms, until statehood was achieved. He has also announced that he would be forming an apolitical [...]
An odour of politics, not the smell of steriliser, permeates the air of NIMS hospital these days. Supporters and well-wishers of MLA Komatireddy Venkat Reddy indulge on sloganeering, hailing him as the future chief minister of Telangana, much to the discomfort of the patients and their relatives. Leading the pack is Komati’s brother and MP [...]
Kim Sharma, whose acting career never took off, has put an official end to her Bollywood career and says that Loot is her last movie. “I am very happily married. Luckily and happily, Loot is the last of my terrible film career,” said the actress who recently married Kenya-based businessman Ali Punjani. Kim now divides [...]
Abhay Deol, Genelia D’Souza starrer Rock the Shaadi has got into a bit of troubled spot. Navdeep Singh, the director, had planned the shoot of the movie in two different locations in Rajasthan, but Alwar one of the locations left the cast and crew with a bitter experience and so they have decided to cancel [...]
It’s David vs Goliath as Rajasthan take on Mumbai’s might
Kolkata: They have shown remarkable fighting spirit despite the demoralising spot-fixing scandal and the Rajasthan Royals will now look to upstage the mighty Mumbai Indians in the second qualifier here tomorrow to book, what would be, a dream final berth in the Pepsi IPL. On paper, Mumbai Indians may appear stronger but Rajasthan will be [...]
21 lawmakers back Chandigarh-born as top US judge
Washington: Ahead of an expected Senate vote on the nomination of Chandigarh-born Indian-American legal luminary Srikanth ‘Sri’ Srinivasan to a top US court, 21 lawmakers have penned their support for him. Srinivasan, 46, currently principal deputy solicitor general of the US last week won unanimous approval from the Senate Judiciary Committee for his nomination as [...]
It was like bereavement: Dravid on spot-fixing
New Delhi: Rajasthan Royals skipper Rahul Dravid says dealing with the turmoil caused by the spot-fixing scandal, which has left his team’s reputation in tatters, has turned out to be as tough as handling “bereavement in some ways”. “I would not lie it was a very tough phase for us. It was a blow to [...]
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A footage is doing the rounds on TV channels where apparently two constables in UP are sorting matters out between them the hard way, raining each other with blows, not verbal, but with their lathis. One look at the video will tell you there seems to be something seriously wrong with the discipline among the [...]
So the thief is in the ship after all. The Mumbai police revelation that Gurunath Melyappan, son-in-law of BCCI Chief Srinivasan, was in constant touch with Vindoo Dhara Singh, now in police custody over betting, leaves no scope for imagination. Little wonder such brazen betting prospered over IPL. It now raises the question: was the [...]
Humorist Jaspal Bhatti, had he been alive, would have found stunning material for a flop show in the BJP’s behaviour of late. How the ‘national opposition party’ turned into a ‘notional’ party is a story worth caricaturing with potential for record viewing-rate.
Chinese president Xi Jinping is a chemical engineer. No wonder he knows the chemical formula to pursue his country’s global ambitions. If anybody in India believed Xi would extend a warm friendship to this country, he should be naive. He has been on a global Sino initiative to widen the Chinese visions of the century. [...]
“India is China’s important neighbour. (The purpose of) my current visit to India is three-fold — to increase mutual interest, intensify cooperation and to face the future,” said Chinese Premier Li Keqiang during his visit to India. To this the Indian prime minister’s response could n0t have been more fitting that “the rest of the [...]
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