Construction of tabletop runway raises questions
The air crash at Mangalore has raised questions about the construction of “tabletop” runways in the country such as the one in Mangalore, even as the government maintained that the table-top runway at
What went wrong?
Several factors, such as a late touchdown, tyre-burst or a snag in the brake system, could be the probable causes for the crash in Mangalore, according to aviation experts and veteran pilots.
Harsher charges on Bhasin
Utsav Bhasin, accused of ramming his BMW car into a motorcycle killing a man in 2008, may get life imprisonment.
Political bigwigs pay Rajiv tribute
President Pratibha Patil on Friday led the nation in paying tribute to former Prime Minister Rajiv Gandhi on his 19th death anniversary. She was first to pay floral tribute at the departed leader’s memorial Vir Bhumi here in the morning.
Hinduja Group acquires European banking firm
The Indian family-owned investment firm Hinduja Group said it has agreed to buy the private banking arm of Belgian firm KBC Group for 1.35 billion euros.
The deal comprises the sale of KBC’s entire interest in KBL European Private Banking and includes all the private banking subsidiaries as well as the custody and life insurance businesses.
Former domestic help stabs 55-year-old man
A 55-year-old man was stabbed to death allegedly by his former disgruntled domestic help in Kalkaji area of southeast Delhi on Thursday, the police said.
The police officials said the accused is a minor and was allegedly angry at his employer who had not paid his two months’ salary. The incident happened at around 1
Now, fight for Wimax begins
The government is set to reap another bonanza from the auction of wireless broadband (BWA) spectrum that would begin from Monday. Even if the government gets half the money from the BWA auction that it got from 3G, it will would bring the total money generated by the auctions of spectrum to around Rs 93,000 crore.
Jaipal: MP mustn’t take Centre’s credit
Union minister for urban development Jaipal Reddy said here on Friday that the state government should not take credit for schemes introduced or funded by the government of India. Mr Reddy was addressing the state-level convention of elected representatives of local bodies organised by the state Congress unit to mark the death anniversary Rajiv Gandhi.
Abbott buys Piramal drug unit for $3.7b
Seen as one of the the most exciting merger and acquisition deals since Ranbaxy’s acquisition by the Japanese major Daiichi Sankyo, the US-based multinational pharma company Abbott has acquired the domestic formulations business of Piramal Healthcare Limited.
Moily: Judges bill in Monsoon Session
Union law and justice minister M. Veerappa Moily on Friday stated that the proposed Judicial Standards and Accountability Bill, 2010 will be brought before Parliament in the Monsoon Session.