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11 Indians summits Mt Everest
May 21, 2009 - 5:12 PM - by preksha
They grappled with an avalanche that killed a seasoned Sherpa, high-altitude sickness and a ruptured appendix at a height of 5600m,
Everest

Krushna Patil, a 19-year-old girl from Pune, successfully conquered Mount Everest on Thursday.

away from doctors and hospitals. Yet 11 gutsy Indians on Thursday quietly strode into mountaineering history by summiting Mt Everest
, the world’s highest peak, even as their feat was eclipsed by legendary climber Apa... [Read More]
2 Replies | 180 Views
MHADA to sell 600 budget flats
May 20, 2009 - 5:40 PM - by preksha
The Maharashtra Housing and Area Development Authority (MHADA) is planning to sell 600 budget flats in Mumbai around Diwali and expects at least 200,000 applications for this, an indication of the demand for affordable housing in one of India’s most expensive real estate markets. The flats, which will be 225 sq. ft and 600 sq. ft in size, are located in Sion and Vikhroli in the city. Property prices in Sion range between R s6, 000 and Rs12, 000 a sq. ft. The flats will be priced at Rs 2,... [Read More]
0 Replies | 112 Views
Manmohan Singh appointed PM for second term in row
May 20, 2009 - 4:20 PM - by preksha
Manmohan Singh was today appointed Prime Minister for a second consecutive term, for which he will be sworn-in on May 22, after the UPA coalition staked its claim to form the government with the backing of 322 MPs. Apparently in view of the comfortable numbers the coalition has in the 543-member Lok Sabha, the President has not asked the Prime Minister to prove his strength in the House.

"I have pleasure to appoint you the Prime Minister and request you to advise me on the... [Read More]
0 Replies | 110 Views
Congress sweeps Left, Right and Centre
May 17, 2009 - 3:12 PM - by preksha
NEW DELHI: India has yet again been surprised by Indians. Last time, no one thought a Congress-led UPA would emerge winners. It did. This time,
Congress celebrates
Congress supporters celebrate the party's emphatic win in the Lok Sabha elections.

many said Congress would be the single-largest party and UPA the top coalition, but few imagined Congress would retain office with 201 seats — the highest any single party has got in 25 years — and UPA 258 seats. And yet... [Read More]
0 Replies | 126 Views
Swine flu ... what should you do?
May 01, 2009 - 5:59 AM - by preksha
1. What is swine flu?
Swine Influenza (swine flu) is a respiratory disease of pigs caused by type A influenza virus that regularly causes outbreaks of influenza in pigs. Swine flu viruses cause high levels of illness and low death rates in pigs. Swine influenza viruses may circulate among swine throughout the year, but most outbreaks occur during the late fall and winter months similar to outbreaks in humans. The classical swine flu virus (an influenza type A H1N1 virus) was first... [Read More]
0 Replies | 102 Views
Indian BPO growth story continues
Apr 28, 2009 - 1:34 PM - by preksha
Indian business process outsourcing (BPO) providers have proved to be stiff competition to western BPO providers, accounting for 5 perc
ent of market revenue generated among the top 150 providers in 2008, according to Gartner Inc.

Gartner analysts expect this increase in revenue to be maintained, with the BPO market share of Indian vendors expected to nearly double by 2010.

In 2002 there were few, if any, India-centric vendors in the top 150 worldwide... [Read More]
0 Replies | 104 Views
Gold extends losses; trades just above Rs 14,000
Apr 17, 2009 - 9:36 AM - by preksha
India gold futures extended losses on Friday to trade just above the keenly watched Rs 14,000 level, pressured by higher equity markets and a strong dollar overseas, analysts said.

However, recovering demand from the world's largest consumer may keep the downside limited, they added. Festivals in India as well as the ongoing wedding season have kept buyers trickling into the market, traders said.

The benchmark gold June contract was 0.69% lower at Rs 14,042 per... [Read More]
0 Replies | 154 Views
Global warming will impact rain:
Apr 11, 2009 - 1:19 PM - by preksha
Major climatic changes due to global warming would lead to disturbed rainfall patterns in the country, an eminent environmentalist said on Sunday.

"The rise in global warming will lead to major changes in rainfall patterns. In essence rainfall will decrease and become more erratic, said R K Pachauri, chairman of Intergovernmental Panel on Climate Change.

According to the noble laureate, global warming is happening at a very steep rate and its implication for... [Read More]
0 Replies | 155 Views
Salary cut vs job cut
Apr 11, 2009 - 12:02 PM - by preksha
In February 2009, Hewlett Packard Chief Executive Mark Hurd announced pay cuts for most HP employees. Objective? To offset a 20 per cent decline in revenue and save 20,000 jobs in the company's product divisions.

Although he did not exclude the possibility of some job cuts, Hurd stressed that major workforce reduction was not the best thing for HP at this time. Hurd said he would reduce his own base salary by 20 per cent, executives' pay by 10 per cent to 15 per cent, and most... [Read More]
0 Replies | 85 Views
Ten rupee coin in india
Apr 11, 2009 - 11:51 AM - by preksha
Its realised and now you can have it on your pocket!
RBI is ready to issue a new bimetallic 10 Rupee coin for circulation.
The look: The obverse side has the lion capitol with numeral 10 and year of manufacture. On reverse side, a double line cross with a dot in each pellet of cross and denomination written in Hindi and English around. This design has been prepaed by National Institute of Design, Ahmedabad with the theme of Unity in Diversity. The outer side metal is Nickel-Bronze... [Read More]
0 Replies | 186 Views
Sensex crosses 10,000, first time since Jan 2009
Mar 26, 2009 - 10:11 AM - by preksha
Sensex crosses 10,000, first time since Jan 2009
26 Mar 2009

The market gained further ground as traders covered short positions on the last day of the F&O expiry.


Capital goods and metal stocks firmed up. But BSE Realty stocks continued to be under pressure on account of heavy selling in Akruti City, which is being ousted from the F&O segment.

At 3 pm, Bombay Stock Exchange’s Sensex was at a high of 10,010.42, up... [Read More]
0 Replies | 159 Views
Nano
Mar 23, 2009 - 12:42 PM - by preksha
Nano


Tata Motors has commercially launched its people's car, Nano, promising to stick to the Rs 1,00,000 price tag for the base model. Nano hits the road.

"From today onwards, the product will be available in the showrooms... There will be three versions - the base version , which is the one we promised to the people of India and two upper tier versions...," Tata Group Chairman Ratan Tata told a news conference.

The higher-end... [Read More]
1 Reply | 156 Views
Indian economy staring at deflation. Is it good news?
Mar 20, 2009 - 5:45 PM - by shailesh
Indian economy staring at deflation. Is it good news?


NEW DELHI: India is staring at deflation, or negative inflation, with the official inflation rate this week falling to 0.44% — the lowest since
1977. Food prices, however, continued to be high, with food grains roughly 9% costlier than a year ago, reinforcing a cruel paradox for consumers that they hear about zero inflation but face high prices when they buy their groceries.

With the... [Read More]
0 Replies | 147 Views
Banks to report huge transactions to EC
Mar 17, 2009 - 12:54 PM - by preksha
Banks to report huge transactions to EC

Huge cash withdrawals and deposits in banks will not go unnoticed any longer. The Election Commission (EC) has directed financial institutions to monitor large cash withdrawals made at regular intervals.
Since banks keep an update of savings and current accounts and are familiar with the transactions of their customers, sudden transactions involving big amounts are unlikely to escape their eye and the details will be sent to the... [Read More]
0 Replies | 166 Views
Toxic Holi colour lands 16 kids in ICU
Mar 12, 2009 - 5:06 PM - by shailesh
Toxic Holi colour lands 16 kids in ICU

Thane:In a shocking Holi-related accident, over 50 children in the central suburb of Ambernath were admitted to hospital with chemical-related “poisoning’’ on Wednesday afternoon. Sixteen of them are critical.
The children initially suffered stomach cramps and began vomiting and had to be rushed to Ulhasnagar central hospital in a semi-conscious state. According to doctors, the yellow... [Read More]
0 Replies | 222 Views
SBI shuts website after hackers break in
Dec 28, 2008 - 10:05 AM - by neelam
SBI shuts website after hackers break in

Mumbai:
The State Bank of India, the country’s largest bank, has had to shut down its corporate website after overseas hackers tried to break in.

While the bank said that transactions took place through www.onlinesbi.com, a senior SBI source said that the transactions were slow as the entire system was under watch.

The... [Read More]
1 Reply | 210 Views
Best funds of 2007 turn dead
Dec 27, 2008 - 2:26 PM - by coolbudy
Best funds of 2007 turn deads

M Allirajan | TNN



Coimbatore: If 2008 was a bad year for stocks, it was brutal for funds that rode high on the bull run posting big gains last year. Diversified equity mutual funds (MFs) that logged in returns between 70% and 110% in 2007 and emerged on top have put up a dismal show during the current market meltdown.
Top MFs in 2007 have significantly underperformed the benchmark indices posting... [Read More]
0 Replies | 255 Views
Inflation dips to 6.61%, rate cut hope up
Dec 27, 2008 - 2:20 PM - by coolbudy
Inflation dips to 6.61%, rate cut hope up

TIMES NEWS NETWORK



New Delhi: The price rise has further slowed down. The annual inflation has declined to 6.61% in the week ended December 13 from 6.82% in the previous week.
According to the data released by the government, the overall prices in the week ended December 13 of all ommodities declined marginally from that in the previous week as the wholesale price index fell by 0.2% to... [Read More]
0 Replies | 184 Views
Pak in war mode: Moves troops, builds bunkers near border, cancels leave
Dec 27, 2008 - 1:29 PM - by shailesh
Pak in war mode: Moves troops, builds bunkers near border, cancels leave


Deployment Makes Punjab Vulnerable

TNN

Chandigarh: Pakistan has stepped up its war moves by cancelling all military leave, sharply increasing deployment of its troops along the border adjoining Punjab and Jammu and building new bunkers along the border near Barmer, Jaisalmer and Ganganagar.

Highly placed sources said... [Read More]
0 Replies | 314 Views
Terror attacks in Mumbai; six foreigners among 101 dead
Nov 27, 2008 - 5:17 AM - by shailesh
Terror attacks in Mumbai; six foreigners among 101 dead

"At least six foreigners have been killed and the death figure has gone up to 101 now," Ramesh Tayde, a senior police officer told from Mumbai's control room.

In one of the most violent terror attacks on Indian soil, Mumbai came under an unprecedented night attack as terrorists used heavy machine guns, including AK-47s, and grenades to strike at the city's most... [Read More]
0 Replies | 230 Views
Saturday story GOING BALLISTIC - Prithvis to clash in Orissa sky
Nov 25, 2006 - 9:14 AM - by shailesh123
Prithvis to clash in Orissa sky
Sunday’s mission is to test the missiles’ interception accuracy

THE CELESTIAL event planned for Sunday will be rare even for Chandipur, witness to many a spectacle involving missiles. For the first time, under the Prithvi Air Defence Exercise (PADE), one Prithvi-II missile will strike another.


Preparations are on, though Defence Research and Development Organisation (DRDO) are tightlipped over... [Read More]
1 Reply | 479 Views
Bandra - AutoExpo show
Nov 25, 2006 - 9:04 AM - by shailesh123
Bandra - AutoExpo show

DROPPED JAWS, we reckoned, were just a figure of speech. That was before we walked into the Speed Autocar Performance show on at the MMRDA grounds in Bandra-Kurla Complex (BKC).


A four-day event that began on November 23 has among its four-wheeled celebrities the Lamborghini Gallardo, Ferrari 308 GTB, the Nissan 300ZX and the Bayliner 175 speedboat.

The event, in its second year, attracted... [Read More]
1 Reply | 666 Views
Coast Guard to set up three new stations in Konkan
Nov 25, 2006 - 8:55 AM - by shailesh123
Coast Guard to set up three new stations in Konkan
Additional vessels like dedicated pollution control vehicles, patrol vehicles and helicopters are also on the cards

THE INDIAN Coast Guard will set up three new stations in Konkan region.
Slated to come up in Dahanu, Murud and Ratnagiri, these stations will help watch over the length of the western coastline, which extends from Gujarat to Kerala and also includes the Lakshadweep islands.... [Read More]
0 Replies | 493 Views
State puts Gateway up for adoption
Nov 25, 2006 - 8:50 AM - by shailesh123
Maharashtra State puts Gateway up for adoption

THE SORRY state of heritage sites such as the Banganga Tank or the great Maratha forts that are in ruins may soon be a thing of the past. The state government approved a plan on Friday allowing private firms to exploit the commercial potential of these sites.


The Maharashtra Vaibhav-Sanrakshit Smarak Yojana scheme will allow private operators to develop, maintain and operate 244... [Read More]
0 Replies | 353 Views
A ‘Superman scanner’ to spot bombers
Nov 06, 2006 - 7:20 PM - by divmanj
A ‘Superman scanner’ to spot bombers

UK’s Tallest Building To Have Scanners That Can See Through Clothes, But Ignores Anatomical Details

Scanners designed to detect suicide bombers by looking through clothing are to be deployed at the site of Britain’s tallest skyscraper this month.

In a world first, the system at Canary Wharf in London’s... [Read More]
0 Replies | 586 Views
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