The Tata Power Corporation (TPC) on Monday made yet another offer to the Maharashtra Electricity Regulatory Commission (MERC), the state government and Reliance Infrastructure (RInfra).

The Thane Municipal Corporation authorities carried out a demolition drive in the illegal slums of Kalwa (east) on Monday.
Thousands of slums

Political observers are keenly watching the elections to the local self-government scheduled for June 27, as the fluctuating party equations are likely to make the polls unpredictable.

The family of the man who was killed by Naxals last week has refused to testify against them.

As a build-up to the BMC election in 2012, the NCP has started giving prominence to leaders from the Konkan region.

The promoter of ABB Limited, the Switzerland based ABB, will make an open offer to raise its stake in the Indian arm.
The Switzerland based power major wants to purchase 4.85 crore shares from the open market at a price of Rs 900/share.

The Sensex and the Nifty swung wildly to the mixed newsflows as the Euro dipped to its lowest (1.23) to the dollar in four years.
The depreciation of the euro is not a cyclical or benign depreciation, said Mr Rugved Dhumale associate vice-president, Macklai Financial and Commercial Services Ltd.

A crisis in the Eurozone is likely to hit India’s export sector as the bloc is one of the top trading partners.
“More than 20 per cent of India’s exports are to Europe,” says Mr Gopal Agrawal, deputy CIO, Mirae Assets. So which sectors would take a beating?

Mumbai FC 0
Churchill Brothers 0

Mumbai FC held defending champions Churchill Brothers to a goalless draw in their I-League round 25 tie at the Cooperage here on Monday.
Wi

A 28-year-old accused arrested in a theft case died in a civic hospital after he complained of chest pain, while in custody of the police in Borivali on Monday morning.