The company sacked nearly 900 employees and shelved its investment plans in the state, which included nearly 200 Reliance Fresh stores over three years and a back-end logistics chain.
Pledging to fight American imperialism, Communist Party of India-Marxist general secretary Prakash Karat and Communist Part of India national secretary D Raja flagged off a protest jatha from Chennai to Vishakapattanam.
Mumbai resident Sumesh Pillai tells us how he panicked when the ATM didn't dispense cash and what happened later.
"Exports of $150 billion are certain this year. If there is a surge, they could even go up to $155 billion," Commerce Secretary GK Pillai told reporters on the sidelines of a CII meeting on Foreign Trade Policy.
The Father of the Nation said he had not hesitated to count many of the merits of Kasturba in his autobiography, but "she has got weaknesses too which mar these virtues."
India's trade with China will touch the 100-billion dollar mark in the next five years, coming close to bilateral trade target with the European Union by 2013.
The recipients of the Pravasi Bharatiya Samman Award, presented by President Prathibha Patil at the valedictory function of the 6 th Pravasi Bharatiya Divas, at Vigyna Bhavan in New Delhi on Tuesday.
Here's how Ganesh Pillai got his card back from the ATM machine.
An interview with the master filmmaker about his new films.
The Centre cannot de-notify three special economic zones that have been notified in Goa, but can cancel others following the state government's decision to scrap such zones, Commerce Secretary Gopal Pillai said on Wednesday.
Dulquer Salmaan plays a character from the 1930s in Ranjith's Njan, and media person John Brittas makes his big screen debut in Madhu Kaithapram's Vellivelichathil.
A four-agency task force probing the killing of two Indian doctoral students at a Louisiana State University apartment has intensified investigations, but has so far been unable to identify the motive behind the double homicide as two senior Indian officials reached the campus to take the stock of the situation.
Are you facing problems with housing loans? If you are a first time home loan borrower, here's how you can save some money on your home loan.
A look at the winners and the event pictures.
The BoA, headed by Commerce Secretary G K Pillai, will consider granting formal clearances to Mukesh Ambani-promoted Navi Mumbai Special Economic Zone and Hindalco aluminium SEZ in Orissa.
State-run Kerala High-tech Industries Ltd (KELTEC) is all set to become part of the Indo-Russian joint venture cruise missile project, BrahMos Aerospace.
DRDO chief A Sivathanu Pillai said that if this decision is implemented, Indian insustry will get business worth Rs 12,000 crore every year.
Accompanied by police personnel, the members of Chennai-based women empowerment outfit 'Manithi' could barely move 100 metres through the traditional forest path towards the temple when hundreds of devotees rushed down to the valley to chase them away.
Not the one to give up hope, WTO Director General Pascal Lamy is visiting India next week to find ways for picking up the threads from last month's failed trade talks in Geneva.
The finance ministry is considering a suggestion by the Commerce Ministry to enhance duty neutralisation rates to make up for revenue lost by exporters due to sharp appreciation in the rupee.
To stay in the race for the long term, the company has to innovate continuously - something that MNCs and some of the home-grown Indian firms have been doing successfully, says Sangeeta Tanwar.
India and the United States have set up a working group to promote greater interaction between legal professionals and to facilitate trade in legal services between the two countries.
The government on Thursday cleared six proposals for setting up special economic zones, taking the total number of such enclaves approved to more than 450.The Board of Approval (BoA), chaired by Commerce Secretary Gopal Pillai, took up nine proposals, of which five were granted formal approvals and one in-principle.
Government employees and teachers affiliated with pro-Left unions today went on a day-long nationwide strike demanding revamping of the new pension scheme, announcement of interim relief and lifting the ban on recruitment. The demands include regularisation of extra-departmental employees, ban on contract appointments and revision of price index among other things.
The government on Friday cleared seven co-developers in Mukesh Ambani-promoted Navi Mumbai SEZs, thus endorsing fresh investment through private equity players by a key partner of the Reliance Industries chairman, Mukesh Ambani.
He did not name the officer but it was Gujarat Indian Police Service officer Satish Verma who probed the case.
In sharp contrast to the stand taken by his secretary yesterday, Commerce Minister Kamal Nath on Thursday said the Centre can review all special economic zones in Goa as it does not want to thrust SEZs on the states.
An appreciation in the rupee has severely affected exports. India's exports are not likely to meet the FY08 target.
Efforts were on to develop systems which could be used to launch the BrahMos cruise missiles from submarines and air platforms, a top official said on Wedsnesday.
Within a fortnight of Commerce Secretary G K Pillai talking about a possible relaxation of cap on land size for SEZs, Commerce and Industry Minister Kamal Nath said on Tuesday there was no proposal to change the 5,000 hectare ceiling prescribed by a group of ministers. However, the Centre would look at specific proposals from states once the Resettlment and Rehabilitation Policy is implemented, he said.
Russia had imposed a complete ban on import of these commodities originating from India citing poor quality with affect from May 1, 2007.
The government may look at relaxing 5,000 hectare-ceiling on land for Special Economic Zones once the the Land Acquisition Act is in place, commerce secretary G K Pillai said on Monday. "Now that the new Relief & Rehabilitation policy has come into being, the government may think of relaxing the upper limit of 5,000 hectares for SEZs (once the land acquisition law is enacted), he said on the sidelines of the India Economic Summit.
The talks are being held in Brussels between high-level delegations from India and EU, led by Commerce Secretary G K Pillai and Director General of European Commission Davis O'Sullivan.
Team Amazon would also educate and train the khadi artisans to directly sell their products to online customers.
The country's industrial growth in first 7 months of FY'09 stands at 4.1 per cent as against 9.9 per cent. Manufacturing output in October also declines by 1.2 per cent. Only earlier this month, the government sought to rescue manufacturers by announcing an across-the-board (barring petroleum goods) four per cent cut in excise duty.
CPI-M general secretary Prakash Karat and Politburo members Sitaram Yechury, S Ramachandran Pillai and R Umanath are expected to attend the meeting on Saturday.
The West Indies' Cricket Board hit back at its detractors, insisting it is trying to find ways to keep its best players competing for the national team.
Actress Nandita Das talks about her choice of films and life in general, in this interview with Shobha Warrier.
This was the 14th launch of the missile, which has a range of 290 km. It has also been tested from a naval destroyer in the past.
The trade policy specifies that "for all goods and services exported from India, services received, rendered abroad, wherever possible, shall be exempted from service tax".
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