Boman Irani clarifies on Rs.425 crore QNet scam

Boman Irani clarifies on Rs.425 crore QNet scam

Actor Boman Irani Wednesday denied that he and his son Danesh were involved in a Rs.425 crore scam allegedly led by a multi-level marketing firm QNet, saying he only attended a function organised by the company and that his son’s earnings during that period were taxed. “My involvement with the company is merely based on […]

100 percent FDI in existing pharma companies stays

100 percent FDI in existing pharma companies stays

India will continue with the policy of allowing 100 per cent foreign investment in existing pharmaceutical firms, the government said Wednesday. In a Press Note, the Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce and Industry also said that the Foreign Investment Promotion Board (FIPB) will decide on the contentious non-compete […]

Sensex closes 36 points up; healthcare stocks rise

Sensex closes 36 points up; healthcare stocks rise

After five consecutive days of losses, a benchmark index of Indian equities markets ended Wednesday’s trade in the positive zone — up 36 points or 0.17 percent. Healthy buying was observed in healthcare, automobile and metal stocks while selling pressure bogged down capital goods, consumer durables and realty company’s scrips. The 30-scrip S&P Sensex of […]

UP MLAs’ Europe junket in harsh winter surprises Omar

UP MLAs’ Europe junket in harsh winter surprises Omar

Jammu and Kashmir Chief Minister Omar Abdullah Wednesday expressed surprise at the Uttar Pradesh legislators’ decision to go on a study visit to European countries during the harsh winter season. Omar Abdullah wrote on his Twitter handle Wednesday: “Clearly no one told the UP (Uttar Pradesh) legislators that you don’t head to countries like UK, […]

Reunion Island Indians connect with ‘Mother India’

Reunion Island Indians connect with ‘Mother India’

French is their mother tongue and they have been born and lived for four generations far away from India, but a thirst to know more about the land where their forefathers came from draws them to India regularly. Armoudom Lena, an orthodontist from Reunion Islan, is heading the Indian delegation at the 12th Pravasi Bharatiya […]

Khobragade row: US embassy told to stop commercial activities

Khobragade row: US embassy told to stop commercial activities

The US has been told that commercial activities being undertaken from inside the American embassy premises in Delhi should be stopped by Jan 16, sources said. Cranking pressure on the US over the handcuffing and strip-search of its diplomat Devyani Khobragade, all US diplomatic vehicles flouting rules will also attract penalties. According to government sources, […]

Use of digital tools enriching our democracy: PM

Use of digital tools enriching our democracy: PM

The use of digital tools in political campaigning and the active participation of youth in politics are enriching India’s democracy, Prime Minister Manmohan Singh said Wednesday. “Recent developments point to the greater enrichment of our democracy, which is becoming more participative and interactive, with people using both traditional methods and new digital tools to mobilise […]

‘Domestic violence rampant among Indian community in Canada’

‘Domestic violence rampant among Indian community in Canada’

Violence against women, wife battery, honour killings and even foeticide among the Indian diaspora in Canada are a cause of worry, say Indo-Canadian delegates at a diaspora meet here. They added that they strive to help the Indian immigrants get assimilated into the mainstream. Molly Banerjei, a businesswoman from Toronto, told IANS: “Domestic violence is […]

Experts discover China’s most ancient mathematics document

Experts discover China’s most ancient mathematics document

A group of experts announced Tuesday the discovery of a mathematics document 2,200 years old, the most ancient ever found in this country. It consists of inscriptions on bamboo sheets from the Warring States period between 475-221 B.C., which explain methods of multiplying numbers lower than 100 as well as certain fractions, historian Li Xueqin, […]