A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Information technology company GTL on Thursday said it would invest Rs 25 crore (Rs 250 million) to set up a 500-workers facility at Pune and increase by 750 its call centre personnel by 2004-05.
With weather clearing up, relief operations on Sunday gained momentum in Uttarakhand as the government came out with a roadmap for clearing tonnes of debris and extricating bodies in Kedarnath and adjoining areas ravaged by flash floods over a month ago.
After opposing Narendra Modi's anointment as Bharatiya Janata Party's prime ministerial candidate, a mellowed L K Advani on Monday praised him for development in Gujarat and hoped that all good tasks undertaken by party governments in states will be rolled out across the country.
Last month, the US Food and Drugs Administration had placed Wockhardt's facilities in Waluj near Aurangabad on import alert, barring supply of various products from these facilities to the US.
Modi government has pledged to lay 700,000 kms of broadband cable.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
'I always say I am a teacher by choice and an entrepreneur by chance.'
Amitabh Kant tells Rahul Jacob how India could be made an easier place to do business in and why India's software smarts will give it an edge.
CLP saw early that the pollution caused by China's rush for industrial growth would lead inevitably to demands for cleaner electricity.
Rediff.com lists 10 athletes who died way before time.
Vishal Sikka has little time left to turnaround Infosys.
Images from the Europa League matches played on Thursday
Indian-American hotelier Sant Singh Chatwal avoided jail time and was sentenced to three years probation and a $500,000 fine on charges of illegally donating thousands of dollars to political campaigns.
Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
'I'm very opinionated. I do not stay quiet. If somebody said there are snake charmers in India, I will educate them saying that they are there but we use it for entertainment. People tell me India is known for its rapes. I get asked that in every interview. It's so difficult to defend it.' Priyanka Chopra gets candid.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
The International Fleet Review, conceived as a show of the country's naval might and readiness for battle, saw as many as 100 naval ships, including 70 from the Indian Navy, taking part in the second edition of the coveted event.
Having even taken recourse to changing their faith to save their houses from being razed, the residents of Rampur's Valmiki Basti now hope better political sense prevails. Dhruv Munjal reports
Members of the United States Congress break bread to celebrate the contributions of Sikh Americans. Rediff.com's Aziz Haniffa reports
Ranbaxy's US factory, Ohm Laboratories, is learnt to have got a clean chit from the American regulator. This US facility was under surveillance of the Food and Drug Administration (FDA) since the end of 2012.
'Do you know there is a 500 page report prepared by an inquiry committee headed by myself? When I placed the report in Parliament, have you heard any single Opposition leader give a notice for discussion? Why are they not demanding a discussion in Parliament on the report? They could have established that there was a scam. Today, a Parliament Committee report is as good as a Parliament report and this report says the 2G scam is no scam. Our government is suffering because of the media hype on these scams,' Congress MP P C Chacko tells Rediff.com's Shobha Warrier.
'You don't control who you love. Love happens. You don't decide you're going to love this person.' Love talk from Priyanka Chopra.
With fake products and machine-made mirrors making its way into the market, an age-old art form is under threat.
Some would argue that it bullet trains are too expensive for the cash-starved Indian Railways, and its cost far outweighs the benefits.
In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.
With the launch of the first indigenous aircraft today, India will join a club of nations like the United States, Russia, China, the United Kingdom and France that possess nuclear-powered submarines
'The feeling in Telangana is that without her a separate state cannot be created... All the MPs and MLAs from Seema-Andhra have a business background. Their interest is to save their business,' Congress MP K Raj Gopal Reddy, who played a key role in Thursday's turbulent events, tells Rediff.com's Sheela Bhatt.
Few top honchos of India Inc did very well in 2014.
Mar Remegiose Inchananiyil, the Bishop of the Thamarassery diocese in Kozhikode, Kerala, told a public meeting that there would be another 'Jallianwala Bagh' in the foothills of the Western Ghats if the K Kasturirangan committee report is implemented. He spoke to Rediff.com's Shobha Warrier about the plight of the farmers and why he has taken up the issue.
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