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Appeal

The legacy of IPA, founded by Nikhil Chakravartty, the doyen of journalism in India, to keep the flag of independent media flying high, is facing the threat of extinction due to the effect of the Covid pandemic. Only an emergency funding can avert such an eventuality. We appeal to all those who believe in the freedom of expression to contribute to this noble cause.
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India pushes refiners to cut Iran imports, despite sanctions scorn

NEW DELHI (Reuters) – India, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a U.S. waiver from the measures, but is privately pushing its refiners for substantial cuts in imports from the Middle Eastern country. The United States gave exemptions on...

Mar 21 · >

BSE Sensex rises 1.7 per cent; techs, banks jump

Mumbai (Reuters) – The BSE Sensex posted its second straight rise on Wednesday to close up 1.65 percent, its best single-day percentage rise in nearly two weeks, led by export-focused software companies and financials on renewed growth hopes. Technology companies TCS and Infosys, which draw more than 50 percent...

Mar 21 · >

Water Options for India in a Changing Climate

On the eve of the World Water Day 2012, the South Asia Network on Dams, Rivers & People (SANDRP) is happy to publish its new report: Water Sector Options for India in a Changing Climate. The report highlights that for the poorest sections, also most vulnerable in the climate...

Mar 21 · >

Tech Mahindra, Mahindra Satyam boards approve merger at swap ratio of 2:17

The boards of Satyam Computer Services Ltd and Tech Mahindra Ltd, IT services providers of the Mahindra group, approved the merger of two companies, according to TV reports. The exchange ratio for the merger was pegged at 2:17 ratio i.e. 2 shares of Tech Mahindra will be given for...

Mar 21 · >

Backgrounder on Tech Mahindra Satyam Merger

Tech Mahindra had acquired Satyam Computer Services Limited in April 2009, a few months after Satyam was rattled byIndia’s biggest corporate fraud. Satyam was subsequently re-named Mahindra Satyam. Satyam’s reconstituted borad of directors had chosen Tech Mahindra following its bid of Rs 1,757 crore for 31 per cent stake...

Mar 21 · >

BS Yeddyurappa heads to Delhi, return as Chief Minister likely

Bangalore: B S Yeddyurappa is expected to arrive in Delhi later today from Bangalore to meet with his party’s top leaders. He is likely, say sources in the BJP, to return to Karnataka as chief minister. In July last year, he was forced to quit office after a report...

Mar 21 · >

Rupee drops to 2-week low at 50.70 against US dollar

Mumbai: The Indian rupee dropped to two-week low by slipping 31 paise to 50.70 against the dollar in the late morning trade on sustained demand for the American currency from banks and importers. The rupee resumed lower at 50.50/51 per dollar at the Interbank Foreign Exchange (Forex) market as...

Mar 21 · >

India Pitches For Increased Role Of BRICS In IMF

By Nitya Chakraborty BRICS summit in New Delhi on March 28 and 29, 2012 will be very business like this time and India will like to get some concrete proposals approved for working on a joint strategy in dealing with the issues of trade and business cooperation among the...

Mar 21 · >

Allies should be consulted before decisions are taken: TMC

Differences between Congress and its UPA partners came to the fore yet again on Wednesday with the Trinamool Congress saying allies should be consulted before any “far-reaching” decisions are taken by the government. TMC leader Kalyan Banerjee told reporters outside Parliament that his party chief has Mamta Banerjee already...

Mar 21 · >

Thumping win for AIADMK in Sankarankoil bypoll

Chennai: Jayalalithaa-led AIADMK on Wednesday retained the Sankarankoil (SC) Assembly constituency, with party nominee S Muthuselvi defeating DMK candidate Jawahar Suryakumar by a massive margin of 68,744 votes. Ms. Muthuslevi polled 94,964 votes against Mr. Suryakumar’s 26,220. Vaiko-led MDMK’s Sadan Thirumalai Kumar polled just 20,675 votes while DMDK’s Muthukumar was...

Mar 21 · >
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