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Nigerian Navy saves ship with 23 Indian men from pirates

All 23 Indian sailors aboard an oil tanker were safe on Wednesday after the Nigerian navy rescued their vessel that was hijacked briefly by pirates off the coast of southern Nigeria. In the third......

India's anti-piracy laws are medieval: Experts

The Somali pirates' attempts to bargain with the Indian government to swap seven Indian hostages for their men imprisoned in Indian jails points to the absence of a specific law to deal with......

Lanka seeks humanitarian solution to fishing row

Sri Lankan President Mahinda Rajapaksa advocated a "humanitarian approach" to avoid clashes between fishermen from India and his country near the international maritime border (IMB). "The fishermen......

Pakistan arrests 18 Indian fishermen

Eighteen Indian fishermen have been arrested and four boats seized by the Pakistan Marine Security Agency from International Maritime Border in the Arabian sea at Kutch district's west coast, the......

Pirates hijack ship with 24 Indian crewmembers

At least 24 Indians were taken hostage by Somali pirates, who hjacked an Indian-managed and Panamanian-flagged ship near Seychelles on Thursday, officials said. The 22,000-tonne bulk carrier, MV Al......

Start-up investors may be exempt from 'angel tax'

But, majority might be left out, as only those investing in entities recognised by the government could qualify The central government might exempt investments by individuals in certain start-ups......

Start-up policy to get makeover

The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up......

Now, microchip facility in India

India is ready to enter the small and elite group of world chipmakers, with the first such facility in the country receiving strong support from the government of India.The state-of-the-art......

Markets would stabilise by mid '10: IndBank chief

IndBank Merchant Banking Services, a subsidiary ofIndian Bank, expects to more than double its turnover on share broking business to Rs 5,000 crore (Rs 50 billion) in the next two years on hopes......

IBM's $25-mn fund to train staff

International Business Machines has created a $25 million fund to train its employees and business partners as part of the company's effort to make US technology industry more competitive globally,......
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