India Business News

Energy surplus northeast can power rest of India

by sulekha news on Mar 11 2014 2:24PM IST

Agartala, March 11 (IANS) Power-surplus northeastern India is unable to supply power to the energy-starved states for want of adequate transmission lines, experts here said.

India's EXIM Bank for project development company with AfDB

by sulekha news on Mar 11 2014 12:52PM IST

New Delhi, March 11 (IANS) The Export-Import Bank of India (EXIM) is planning to set up a project development company with the African Development Bank (AfDB) to encourage public-private partnership (PPP) projects in Africa, Yaduvendra Mathur, chairman and managing director of the export finance institution, said here.

Traffic hit, Delhi Metro shuts two stations due to protest

by sulekha news on Mar 10 2014 11:22PM IST

New Delhi, March 10 (IANS) Thousands of motorists were Monday caught in a traffic jam while two Delhi Metro stations were closed for three hours following a religious gathering and protest on a disputed land in the heart of the city.

Court says judges are not caged parrots

by sulekha news on Mar 10 2014 9:42PM IST

New Delhi, March 10 (IANS) A court here Monday said judges are not "caged parrots" while rejecting a plea seeking further direction to probe the role of former railway minister Pawan Kumar Bansal in the railway bribery case.

Subrata Roy to stay in jail as SC adjourns hearing

by sulekha news on Mar 10 2014 9:32PM IST

New Delhi, March 10 (IANS) The chances of Sahara Group chief Subrata Roy getting any reprieve were dashed and he will continue to be in Tihar jail for some more time as hearing of the contempt plea against him and three directors of his group companies Tuesday has been adjourned.

Domestic car sales up 1.39 percent in February

by sulekha news on Mar 10 2014 8:32PM IST

New Delhi, March 10 (IANS) Sale of domestic passenger cars grew marginally by 1.39 percent in February, industry data showed Monday.

Sensex closes flat after touching new high

by sulekha news on Mar 10 2014 7:52PM IST

Mumbai, March 10 (IANS) Led by strong buying support from foreign funds, a benchmark index of the Indian equities markets Monday broke the 22,000-point barrier in a new record high. The 30-scrip S&P Sensex (sensitive index) of the Bombay Stock Exchange (BSE) closed flat after rising to a record intra-day high of 22,023.98 points.

India, Africa should form working group on healthcare: Experts

by sulekha news on Mar 10 2014 7:32PM IST

New Delhi, March 10 (IANS) India and the African countries should mull forming a working group to explore healthcare cooperation, stakeholders and experts said here Monday.

Coal scam: SC pulls up CBI for delay in filing charge sheets

by sulekha news on Mar 10 2014 7:22PM IST

New Delhi, March 10 (IANS) The Supreme Court Monday reprimanded the Central Bureau of Investigation over delay in filing the charge sheets in five cases relating to the coal scam in which its investigations are already over.

Delhi Metro shuts down two stations

by sulekha news on Mar 10 2014 7:12PM IST

New Delhi, March 10 (IANS) Delhi Metro commuters faced a tough time Monday when two stations in the heart of the capital were shut down for around three hours due to a religious gathering on a disputed land.

'Indian private sector can partner Republic of Congo economy'

by sulekha news on Mar 10 2014 6:22PM IST

New Delhi, March 10 (IANS) Indian companies can play a key role in the Republic of Congo's march towards becoming an emerging economy by year 2025, a senior minister of the central African country said here Monday.

India Inc. to use third country funds for Africa growth

by sulekha news on Mar 10 2014 6:02PM IST

New Delhi, March 10 (IANS) India Inc. Monday said it can help build infrastructure and expand growth in Africa by using cheap funds from third countries like Japan and Singapore.

Indian lines of credit help Ethiopia build sugar and power sectors

by sulekha news on Mar 10 2014 5:22PM IST

New Delhi, March 10 (IANS) Lines of Credit worth more than $1 billion extended by India to Ethiopia have helped the landlocked country build its sugar and power industries and rail network, Ambassador Gennet Zewide said here Monday.

India to build 200 low-cost airports

by sulekha news on Mar 10 2014 4:52PM IST

Hyderabad, March 10 (IANS) India plans to build 200 low-cost airports in the next 20 years to connect tier-II and tier-III cities, said a civil aviation ministry official.

Stage set for India Aviation 2014 in Hyderabad

by sulekha news on Mar 10 2014 4:07PM IST

Hyderabad, March 10 (IANS) The stage is set for India Aviation 2014, country's largest event on civil aviation, which begins here Wednesday with the theme "enhancing air connectivity".