Experimental squad for European sojourn
Senior members Arjun Halappa and V.S. Vinaya were on Wednesday axed as Hockey India named a 22-member squad for a crucial European tour beginning July 2.
India will play a four-nation tournament in Hamburg involving Holland, Germany and Japan, followed by tests in Belgium, France and Holland.
Top 100 firms shell out 18% more advance tax
The country’s top 100 companies, led by ONGC and Reliance Industries Ltd (RIL), have paid Rs 12,661.73 crore in advance tax to the government in the first quarter of this fiscal, representing an 18.68 per cent jump over the same period last fiscal.
Tariff wars set off in 3G space
The competition in the mobile internet segment is hotting up. Reliance Communications and Videocon on Wednesday offered unlimited internet access to subscribers through their mobile phones for a monthly fee which is just under Rs 100.
RIL eyes thermal power
After telecom, Mr Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to enter the thermal power projects sector and may bid for the ultra mega power projects in Chhattisgarh and Orissa.
Dealers, Tata differ on Nano delivery
In a contradiction of sorts, car dealers here are offering Nano off the shelf, even as Tata Motors claims that it is delivering only against the original one lakh bookings for the world’s cheapest car.
Inflation derails fuel price hike plans
A hike in the fuel prices are not likely in the near term. With inflation in double digits, it has become difficult for the government to take a decision on the fuel price hike.
Even the stock markets have discounted any fuel price hike and shares of the PSU oil marketing companies were battered on the stock exchanges on Tuesday after the inflation figures came out.
NAC review of food law draft July 1
The National Advisory Council, headed by Congress president Sonia Gandhi, will review the draft Food Security Bill at its first full-scale meeting on July 1.
“The NAC will discuss what shape the draft Food Security Bill should take,” a government source said.
Just stick to your brief, Cong orders top leaders
Hit by controversies after senior party leaders and ministers targeted each other in the media, the Congress on Tuesday asked its leaders not air their views in public or interact with the media on issues beyond their respective briefs and responsibilities.
Jaswant return to BJP looks imminent
Former Union minister and expelled BJP leader Jaswant Singh is all set to return to the saffron party. In the wake of initiatives by BJP president Nitin Gadkari and senior leader L.K. Advani to bring him back, an announcement is expected soon. Mr Singh was expelled from the BJP in August last year after releasing a book in which he had praised Pakistan’s founder Mohammed Ali Jinnah.
CCEA, sans Mamata, OKs 10% sale of 2 PSUs
With Trinamul Congress chief and railway minister Mamta Banerjee absent, as she is — as always — in Kolkata, the government Tuesday approved disinvestment of 10 per cent each in two West Bengal-based two PSUs — Coal India Ltd (CIL) and Hindustan Copper Ltd (HCL).
Though the proposals were listed on the agenda for last week’s meeting of the Cabinet Committee on Economic Affa