IPA Staff

 

8710 stories by IPA Staff

Shipowners decline to carry crude from Iran

Impending US sanctions against vessels engaged in carrying cargo to and from Iran are beginning to pinch India, threatening more than one-tenth of its crude oil imports. India is finding it difficult to charter ships to carry Iranian crude oil because of the US bid to bar any ship...

Mar 21 · >

Rajya Sabha Complexion Will Change In April

By Harihar Swarup The biennial elections to the Rajya Sabha on March 30 for 58 seats will have significant impact on ensuring the stability of the UPA-2 Government till the holding of the next Lok Sabha elections in May 2014. Though the voting results in Rajya Sabha has no...

Mar 21 · >

BIG CBS Networks inks distribution pact with Dish TV

NEW DELHI: BIG CBS Networks, a joint venture of Reliance Broadcast Network and CBS Studios International, today said it has signed a distribution pact with direct-to- home company Dish TV for English general entertainment channel BIG CBS Prime. The move would expand reach of BIG CBS Prime to an...

Mar 21 · >

Offshoring to India will end in 8-10 years: Hackett report

NEW DELHI: Offshoring of jobs to India will begin to decline starting 2014, and will reach the end of its lifecycle in eight years, according to US-based strategic advisory and research firm The Hackett Group released at the Nasscom Global In-House Centers ( GIC) Conclave being held here. According...

Mar 21 · >

Bollywood takes on IPL-5 with big-budget releases

This season, Bollywood is ready to take on the Indian Premier League googly. After seeing some kind of cricket fatigue, Bollywood lined up a string of big-budget releases, with close to Rs 200-250 crore riding on these. The first to release is Sajid Nadiadwala’s Housefull 2, a sequel to...

Mar 21 · >

In India, M&A is not a focus area: Bruno Lafont

Lafarge, the world’s largest building materials company, is saddled with high debt and is going through a global restructuring. Its production has been hit in Europe amidst the euro zone crisis, resulting in layoffs and shutdowns. For its Global Chairman and CEO, Bruno Lafont, these are challenging times in...

Mar 21 · >

NTPC to invest 20% less in FY13

At an investment size of Rs 20,995 crore, the country’s largest power producer, NTPC, would invest about 20 per cent less in 2012-13, compared to 2011-12, when it was estimated to spend around Rs 26,400 crore. The investment next year would be for adding new capacity of about 4,000...

Mar 21 · >

BRICS meet will address mistrust, says China

Top Chinese officials said on Tuesday that working with India under the BRICS (Brazil, Russia, India, China and South Africa) umbrella would help address long-persisting mistrust between the neighbours, adding that they expected specific bilateral outcomes from President Hu Jintao’s visit to New Delhi next week for the fourth...

Mar 21 · >

More Voting Rights To India, China: Christine Lagarde

NEW DELHI: The International Monetary Fund is keen to implement quota reforms that will give more voting rights to economic powers like India and China, managing director Christine Lagarde has said. “Change is in the air,” Lagarde said at an event organized by IMF and the Indian Council for...

Mar 21 · >

Irda to decide on letting LIC retain stake in banks

MUMBAI: The Insurance Regulatory and Development Authority (Irda) will soon decide on whether to allow Life Insurance Corporation of India (LIC) to retain its holding in public sector banks where it has breached the 10% limit. In the current quarter, LIC has invested over Rs 8,000 crore in state-run...

Mar 21 · >