New Delhi, Aug. 16: The Prime Minister, Dr Manmohan Singh, has approved the setting up of a National Innovation Council (NIC) under the chairmanship of Mr Sam Pitroda, telecom czar and adviser to the

Bhubaneswar, Aug. 16: In a setback to Vedanta Aluminium Ltd, the Central government appointed committee recommended against allowing bauxite mining in the forest land on Niyamgiri hills without the co

New Delhi, Aug. 16: The theme song approved by the empowered group of ministers for the Commonwealth Games could not be released here on Monday as some tweaking in the lyrics was required.

The lyric

Mumbai, Aug 16: The United Stock Exchange of India (USE) will commence trading in currency derivatives from August 31 in all four currency pairs — USD-INR, EURO-INR, JPY-INR and GBP-INR.

The USE MD a

New Delhi, Aug 16: Research In Motion, the maker of Blackberry phones, agreed to fall in line with demands of the government and provide “manual” access of the widely-used Blackberry Messenger service

Hyderabad, Aug. 16: Mahindra Satyam on Monday said that it has won a lawsuit filed by Upaid in a US court against deduction of income tax on the amount to be paid by the Indian IT major for the settle

Chennai, Aug 16: Pharma major Wyeth has claimed that it had no knowledge about the results of the controversial study published in the journal Lancet that “discovered” a superbug in Indian hospitals.

Mumbai, Aug. 16: Markets were not enthused by the multi-billion dollar deal for Cairn India — the stock plummetted 6.36 per cent to close at Rs 332.85. The stock price of Sesa Goa, which will be makin

Canada has identified India as a priority market in its global commerce strategy and committed to increase its bilateral trade to $15 billion by 2015. It had added three trade offices in India.

Gle

Mumbai, Aug. 16: In one of the largest M&A deals involving an Indian firm, Anil Agarwal’s Vedanta Group will acquire a majority stake in Cairn India for $8.5-9.6 billion. Cairn India is the subsidiary