PTI - The Press Trust of India Ltd. back issues from June 2008:
US space shuttle Discovery launched.
Jun 01, 2008 ... US space shuttle Discovery launched New York, Jun 1 (PTI) -- American space shuttle Discovery with a crew of seven astronauts has blasted into orbit for a 14-day mission, carrying a giant Japanese science laboratory and a toilet pump for the international space station. ...
Florida, Michigan restored with restricted voting rights.
Jun 01, 2008 ... Florida, Michigan restored with restricted voting rights New York, Jun 1 (PTI) -- Hillary Clinton's prospects for Democratic presidential nomination received a major blow as a crucial meeting to decide on the barred delegates from Florida and Michigan allowed their participation ...
UK-RESTAURANT.
Jun 01, 2008 ... UK-RESTAURANT Indian restaurateur banned in Scotland for unhygienic premises Prasun Sonwalkar London, Jun 1 (PTI) -- An Indian restaurateur in Scotland has been banned from managing any restaurant after his was found to be operating in "unhygienic conditions" during an ...
UK-FILM.
Jun 01, 2008 ... UK-FILM Indian director postpones release of film on 7/7 after outrage Prasun Sonwalkar London, Jun 1 (PTI) -- The release of noted Indian director Jagmohan Mundhra's film on July seven London bombings has been postponed after victims' families expressed outrage at plans to ...
Qaeda trainer dies in US missile strike in Pakistan: Report.
Jun 01, 2008 ... Qaeda trainer dies in US missile strike in Pakistan: Report London, Jun 1 (PTI) -- A leading al-Qaeda trainer and explosives expert involved in a range of European terrorist networks has been killed in Pakistan in a missile strike by US-led forces in Afghanistan, a media report ...
Prince William to take on drug barons of the Caribbean H S Rao London, June 1 (PTI) -- Prince William, the second in line to the British throne, will take part in armed operations against Caribbean drug lords when he serves a two-month deployment in the Royal Navy.
Jun 01, 2008 ... WILLIAM Prince William to take on drug barons of the Caribbean H S Rao London, June 1 (PTI) -- Prince William, the second in line to the British throne, will take part in armed operations against Caribbean drug lords when he serves a two-month deployment in the Royal Navy. ...
Jeev tied 3rd at Celtic Manor Wales Open.
Jun 01, 2008 ... Jeev tied 3rd at Celtic Manor Wales Open Newport (Wales), Jun 1 (PTI) -- Jeev Milkha Singh continued to hold steady at the Celtic Manor Wales Open, carding a two-under 69 in the penultimate round for a share of the third spot and a chance to end his 18-month title drought in the ...
Taliban tactically routed in southern Afghanistan: Report.
Jun 01, 2008 ... Taliban tactically routed in southern Afghanistan: Report London, June 1 (PTI) -- The Taliban have been tactically routed in southern Afghanistan and their command structure fractured, a British military commander has claimed. "It's become apparent that the Taliban ...
Relief work helicopter crashes; search on to find debris.
Jun 01, 2008 ... Relief work helicopter crashes; search on to find debris Beijing, June 1 (PTI) -- A military transport helicopter involved in relief work which was carrying four crew members and 10 injured local residents on board, has crashed in the earthquake-devastated area in southwest ...
BPOs, KPOs scouting for non-English speaking professionals.
Jun 01, 2008 ... BPOs, KPOs scouting for non-English speaking professionals New Delhi, June 1 (PTI) -- With a large number of companies from non-English speaking European countries eyeing India for outsourcing work, BPOs and KPOs here have started hunting for people proficient in Spanish, ...
Assocham wants govt to help oil cos in getting rigs.
Jun 01, 2008 ... Assocham wants govt to help oil cos in getting rigs New Delhi, June 1 (PTI) -- Government can partly keep crude import bill and prices under control by supporting oil companies in acquiring rigs for exploration of domestic hydrocarbon sources, industry body Assocham said. ...
National Highway builders drag NHAI, govt to court.
Jun 01, 2008 ... National Highway builders drag NHAI, govt to court New Delhi, June 1 (PTI) -- The National Highway Builders Federation has dragged the National Highway Authority of India and the government before the Delhi High Court alleging favouritism in the bidding process of four laning of ...
Dabur game for global acquisitions.
Jun 01, 2008 ... Dabur game for global acquisitions New Delhi, June 1 (PTI) -- FMCG major Dabur is planning global acquisitions in this fiscal year and has identified 20 target companies. "We have prepared a list of 20 companies from all over the world, then we have to go and approach ...
Aravali Infra Power to raise Rs 125 crore through IPO.
Jun 01, 2008 ... Aravali Infra Power to raise Rs 125 crore through IPO New Delhi, June 1 (PTI) -- Aravali Infra Power, engaged in turnkey projects in power transmission and manufacturing of aluminium cables, plans to raise Rs 125 crore through an initial Public Offering. "We plan to ...
Dubai-based real estate major Majid Al Futtaim looks to India.
Jun 01, 2008 ... Dubai-based real estate major Majid Al Futtaim looks to India New Delhi, June 1 (PTI) -- Dubai-based real estate major Majid Al Futtaim (MAF) is likely to enter India for which it is in the process of identifying a local partner. The country's estimated 16 billion ...
Hong Kong offers special tourism package.
Jun 01, 2008 ... Hong Kong offers special tourism package New Delhi, June 1 (PTI) -- With a view to attract more tourists from India this summer, Hong Kong has planned a 12-week leisure and tourism package. "The 12-week long tourism and leisure programme 'Hong Kong Summer ...
J&K govt to re-commission Chenani hydro electric project.
Jun 01, 2008 ... J&K govt to re-commission Chenani hydro electric project Jammu, Jun 1 (PTI) -- The 33-MW Chenani hydro electric project (HEP) in Udhampur district has been made operational after repairs and is now set to be re-commissioned soon after a gap of three years. "Chenani ...
Skilled Indian workers expensive to hire.
Jun 01, 2008 ... Skilled Indian workers expensive to hire Dubai, June 1 (PTI) -- Hiring professionals from India to work in Bahrain is becoming extremely difficult due to improved salaries and incentives there, said a recruiting agency chief. This is coupled with an unprecedented ...
Turnover of commexes up by 14 pc despite ban.
Jun 01, 2008 ... Turnover of commexes up by 14 pc despite ban New Delhi, June 1 (PTI) -- The turnover of commodity bourses in the country has grown 14 per cent to Rs 1,67,391 crore between May 1 and May 15 even after four farm items were banned during the fortnight. Multi Commodity ...
Railways to go for CFL for carbon credit.
Jun 01, 2008 ... Railways to go for CFL for carbon credit New Delhi, Jun 1 (PTI) -- Railways have decided to replace all electric bulbs in its colonies with compact fluorescent light (CFL) across the country as part of its efforts to check climate change. "A total of 26 lakh CFL bulbs ...
Atwal rises to tied 11th in Bank of America Open.
Jun 01, 2008 ... Atwal rises to tied 11th in Bank of America Open Glenview (USA), Jun 1 (PTI) -- A flawless back-nine -- studded with four birdies -- helped Arjun Atwal get over a front nine slump and the Indian turned in a three-under 69 in the penultimate round to rise to the tied 11th spot in ...
Rural mkt revenues for life insurers may touch $2.9 bn by 2015.
Jun 01, 2008 ... Rural mkt revenues for life insurers may touch $2.9 bn by 2015 New Delhi, June 1 (PTI) -- Country's under penetrated rural market holds tremendous growth opportunities for life insurance companies with revenues expected to grow as much as four times to Rs 7,800 crore (USD 2.9 ...
India to share record farm output story with world.
Jun 01, 2008 ... India to share record farm output story with world Chandra Shekhar Rome, June 1 (PTI) -- As over 30 nations grapple with food riots caused by rising prices, India's story on how it pulled off record farm production will hold the world's attention at the three-day ...
BFSI spent the most on IT in 2007-08.
Jun 01, 2008 ... BFSI spent the most on IT in 2007-08 New Delhi, June 1 (PTI) -- When it comes to upgrading IT infrastructure, the banking and financial services industry tops the list with an outlay of Rs 87.50 crore per company in 2007-08. "The BFSI companies remained top IT ...
IT, hotels, hospitals may raise USD 100 mn via ECB.
Jun 01, 2008 ... IT, hotels, hospitals may raise USD 100 mn via ECB New Delhi, May 31 (PTI) -- Following Finance Minister P Chidambaram's announcement yesterday to further relax ECB restrictions, government today allowed software developers, hotels and hospitals to raise up to USD 100 million ...
Oil subsidy may triple to 2.2 pc of GDP.
Jun 01, 2008 ... Oil subsidy may triple to 2.2 pc of GDP New Delhi, Jun 1 (PTI) -- India's oil subsidy may shoot up three times to 2.2 per cent of the GDP this year even as the government dithers on raising fuel prices in step with the rise in input (crude oil) cost. The country paid ...
Mild steel ingot futures likely to rise 15 pc this week.
Jun 01, 2008 ... Mild steel ingot futures likely to rise 15 pc this week New Delhi, June 1 (PTI) -- Price of mild steel ingots is likely to increase by up to 15 per cent in the futures market this week on account of rising global demand and higher input cost, analysts said. Brokerage ...
Health, chemicals ministries sort out pharma policy issues.
Jun 01, 2008 ... Health, chemicals ministries sort out pharma policy issues New Delhi, June 1 (PTI) -- The controversial National Pharmaceutical Policy 2006 may finally see the light of the day with the Health Ministry and Chemicals and Fertilisers Ministry sorting out differences over some ...
CRA architecture for New Pension System put in place.
Jun 01, 2008 ... CRA architecture for New Pension System put in place New Delhi, June 1 (PTI) -- Interim pension regulator PFRDA has put in place a system to enable subscribers of the New Pension System (NPS) to decide on investment pattern of their retirement money, including parking a portion ...
Farmers to get 'online mandi' to sell produce.
Jun 01, 2008 ... Farmers to get 'online mandi' to sell produce New Delhi, June 1 (PTI) -- Computers may soon turn the preferred marketplace of farmers to sell their produce, with the National Spot Exchange Ltd getting licence from three states to launch an agri e-trading platform. ...
Inflation to remain high but rates to be stable: Kochhar.
Jun 01, 2008 ... Inflation to remain high but rates to be stable: Kochhar Mumbai, June 1 (PTI) -- India is in for an era of high inflation, stable interest rates at current levels and booming economy, with USD 700 billion dollars investment expected in the next three years. "Inflation ...
ICICI Bank targets 35 per cent corporate credit growth.
Jun 01, 2008 ... ICICI Bank targets 35 per cent corporate credit growth Mumbai, Jun 1 (PTI) -- With 700 billion dollars to be invested by corporate in the next three years, ICICI Bank expects its lending to the sector to grow faster than the industry at 35 per cent. "On corporate side ...
SC dismisses I-T dept's plea against Hyundai.
Jun 01, 2008 ... SC dismisses I-T dept's plea against Hyundai New Delhi, June 1 (PTI) -- The Supreme Court has dismissed the income tax department's appeal to tax Hyundai Heavy India Company Ltd at a higher rate of 65 per cent against 59.4 per cent charged from the domestic companies. ...
HC reserves order on Ajanta's petition over its public issue.
Jun 01, 2008 ... HC reserves order on Ajanta's petition over its public issue New Delhi, Jun 1 (PTI) -- A division bench of the Delhi High Court has reserved judgement on a petition filed by Ajanta Manufacturing Ltd, maker of Orpat and Oreva watches, challenging the single bench order that ...
FRENCH-BOLLYWOOD.
Jun 01, 2008 ... FRENCH-BOLLYWOOD Now its the French swaying to the Bollywood beat Basant Kumar Mohanty Paris, June 1 (PTI) -- The hub of French landscape - Paris - is now dancing to the tune of Bollywood music and songs. A place where people don't understand the language, yet the ...
Yes Bank's take-over value could exceed USD 2.5 bn by 2010.
Jun 01, 2008 ... Yes Bank's take-over value could exceed USD 2.5 bn by 2010 Mumbai, June 1 (PTI) -- New generation lender Yes Bank will be worth over USD 2.5 billion (Rs 10,000 crore) by 2010, well above the USD 2.4 billion HDFC spent to buy Centurion Bank of Punjab recently, Brokerage House ...
Rs 500 cr windfarm in Bengal to be operational from 09.
Jun 01, 2008 ... Rs 500 cr windfarm in Bengal to be operational from 09 Kolkata, June 1 (PTI) -- Wind energy major Suzlon group will begin generating power from a Rs 500 crore project in West Bengal project, the largest windfarm in the eastern region, from the 2009-10 financial year. ...
SC stays Madras HC I-T ruling against Apollo.
Jun 01, 2008 ... SC stays Madras HC I-T ruling against Apollo New Delhi, June 1 (PTI) -- The Supreme Court has stayed the Madras High Court ruling that asked the income tax department to reopen Apollo Hospitals' assessment as it had "illegally" availed minimum alternate tax set-off, causing ...
Railways adds to inflation, says Commerce Ministry officials.
Jun 01, 2008 ... Railways adds to inflation, says Commerce Ministry officials New Delhi, June 1 (PTI) -- For all those budget credits Railway Minister Lalu Prasad take for not hiking passenger fares or freight charges, the Railways is adding to inflation woes and should pay for it, the Commerce ...
Dollar peg has served Gulf countries well: Saudi Fin minister.
Jun 01, 2008 ... Dollar peg has served Gulf countries well: Saudi Fin minister Dubai, June 1 (PTI) -- Saudi Arabia, the world's largest oil exporter, says it has no plans to drop the riyal's peg to the US dollar, adding the linkage was serving the Kingdom's interests well, said Finance Minister ...
UBI set to launch mobile banking by June-end.
Jun 01, 2008 ... UBI set to launch mobile banking by June-end Mumbai, June 1 (PTI) -- State-run Union Bank of India is planning to launch mobile banking by June-end and has finalised Chennai-based B K Systems as its technology partner to roll out the service, a top UBI official said. ...
Govt may soon notify Pusa 1121 as Basmati.
Jun 01, 2008 ... Govt may soon notify Pusa 1121 as Basmati New Delhi, Jun 1 (PTI) -- The government is likely to notify Pusa 1121 rice variety, which is the world's longest grain, as Basmati, as a ban on shipment of non-Basmati rice prevents its sale abroad. "The Agriculture Ministry ...
Children of older fathers 'likely to die before adulthood'.
Jun 01, 2008 ... Children of older fathers 'likely to die before adulthood' London, Jun 1 (PTI) -- When it comes to fertility and the prospect of having babies, it has always been assumed that men have no biological clock -- unlike women, they can father a child late in their life. But a study ...
Gold futures may shed Rs 250 per 10 grams in the coming week.
Jun 01, 2008 ... Gold futures may shed Rs 250 per 10 grams in the coming week New Delhi, June 1 (PTI) -- Gold is likely to be less costly in the futures market next week and is expected to fall as much as Rs 250 per 10 grams, primarily on the back of declining crude prices and strengthening US ...
India not likely to witness slowdown in growth: Lehman.
Jun 01, 2008 ... India not likely to witness slowdown in growth: Lehman New Delhi, Jun 1 (PTI) -- Anti-inflationary measures are unlikely to turn India into a slow growing economy, while other Asian nations could face the situation of rising prices and economic stagnation, a latest report says. ...
Inflation to come down in three to four months: Economists.
Jun 01, 2008 ... Inflation to come down in three to four months: Economists Mumbai, June 1 (PTI) -- Unperturbed by the 45-month high 8.1 per cent inflation, economists are confident that it would come down to six to 6.5 per cent in three to four months period, bringing relief to the common man. ...
Will RBI tighten money supply further to tame inflation?
Jun 01, 2008 ... Will RBI tighten money supply further to tame inflation? New Delhi, June 1 (PTI) -- With inflation crossing 8 per cent, economists and bankers seem divided over whether RBI would once again ask banks to keep more cash with the central bank to squeeze liquidity from the banking ...
Florida, Michigan restored with half votes in blow to Clinton.
Jun 01, 2008 ... Florida, Michigan restored with half votes in blow to Clinton Dharam Shourie New York, Jun 1 (PTI) -- Dealing yet another blow to Hillary Clinton's struggling campaign, Democratic party leaders have agreed to seat the delegates from renegade states Florida and ...
Market sentiments to remain bearish this week: Analysts.
Jun 01, 2008 ... Market sentiments to remain bearish this week: Analysts Mumbai, June 1 (PTI) -- The capital market that moved up marginally last week, is likely to be sluggish this week as expectations of fuel price hike and fears of negative cues from the global markets weigh heavily, say ...
Anil Ambani group looks for presence in Gulf region.
Jun 01, 2008 ... Anil Ambani group looks for presence in Gulf region Dubai, June 1 (PTI) -- Indian conglomerate Reliance ADAG, headed by billionaire Anil Ambani, is keen on having a presence in sectors ranging from power to finance in the Gulf region and is open to partnerships with regional ...
Tyre dealers press for roll back of prices.
Jun 01, 2008 ... Tyre dealers press for roll back of prices New Delhi, June 1 (PTI) -- Opposing the indiscriminate hike in tyre prices the All India Tyre Dealers Federation has demanded a roll back of prices to January 2008 level. All India Tyre Dealers Federation (AITDF) ...
QNB ties up with India's HDFC Bank.
Jun 01, 2008 ... QNB ties up with India's HDFC Bank Dubai, June 1 (PTI) -- Qatar National Bank (QNB) has joined hands with India's HDFC Bank to offer Indian expatriates a range of products and services, including fast online remittance of money. Called 'QNB-HDFC Bank NRI Services', ...
Honda cuts car prices by up to Rs 5,000.
Jun 01, 2008 ... Honda cuts car prices by up to Rs 5,000 New Delhi, June 1 (PTI) -- At a time when most automakers in the country are hiking prices, Honda Siel Cars India said it is cutting rates of sedans by up to Rs 5,000 with effect from today on account of the reduction in central sales tax ....
Govt to impose 15 pc export duty on iron ore.
Jun 01, 2008 ... Govt to impose 15 pc export duty on iron ore New Delhi, June 1 (PTI) -- Government is believed to have decided to impose 15 per cent export duty on iron ore, used for making steel, which has seen a 50 per cent increase in prices since January, thereby fuelling inflation. ...
Indian delegation to Thailand to boost bilateral economic ties.
Jun 01, 2008 ... Indian delegation to Thailand to boost bilateral economic ties New Delhi, June 1 (PTI) -- Industry body Ficci will send a 80-member business delegation to the India-Thailand Business Summit, beginning on June 6, in Bangkok in a bid to strengthen bilateral relations in sectors ...
Govt guidelines pave way for R-ADAG, Kotak to set up comexes.
Jun 01, 2008 ... Govt guidelines pave way for R-ADAG, Kotak to set up comexes New Delhi, Jun 1 (PTI) -- The government has permitted companies with an initial capital of Rs 100 crore to set up commodity exchanges, paving the way for leading players like Anil Dhirubhai Ambani Group and Kotak to ...
India's Zoom Developers to set up USD 130 mn plant in Oman.
Jun 01, 2008 ... India's Zoom Developers to set up USD 130 mn plant in Oman Dubai, Jun 1 (PTI) -- India's Zoom Developers will invest USD 130 million to set up an aluminium production plant at the port of Sohar in Oman. The plant which will produce aluminium for use in secondary ...
Bankers need to be more generous in recovering debt.
Jun 01, 2008 ... Bankers need to be more generous in recovering debt Chandigarh, June 1 (PTI) -- Supreme Court judges today asked the bankers to be more lenient in recovering their debts while considering the paying capacity of borrowers and utilise Lok Adalats for recovering the bad loans. ...
Provide fiscal sops to boost investment in infrastructure: PHD.
Jun 01, 2008 ... Provide fiscal sops to boost investment in infrastructure: PHD New Delhi, Jun 1 (PTI) -- Industry body PHD Chamber said tax concessions and enhanced credit guarantee should be extended to the infrastructure sector in order to boost investments in the sector. ...
Mondial to start a range of automotive services in India.
Jun 01, 2008 ... Mondial to start a range of automotive services in India New Delhi, June 1 (PTI) -- Betting big on the booming Indian economy, French automotive road side assistance provider Mondial, an Allianz Group company, is planning to start a range of travel related services in the ...
Premji, Murthy among world's top outsourcing billionaires.
Jun 01, 2008 ... Premji, Murthy among world's top outsourcing billionaires New York, Jun 1 (PTI) -- The West's drive to save money has helped seven individuals in the world, including five Indians, make their billions by setting up shop to meet outsourcing needs. Wipro Chairman Azim ...
Kamanwala picks up 10pc stake in an IT park.
Jun 01, 2008 ... Kamanwala picks up 10pc stake in an IT park Mumbai, Jun 1 (PTI) -- Mumbai-based Kamanwala Housing Construction (KHCL), a listed entity, today said it has picked up 10 per cent stake in an upcoming IT park in Noida for Rs 25 crore. "We have picked up 10 per cent stake ...
Maize price up by 4.3 pc in May.
Jun 01, 2008 ... Maize price up by 4.3 pc in May New Delhi, Jun 1 (PTI) -- The average price of maize in the wholesale market rose by over 4 per cent to Rs 730 per quintal during last month compared to the year-ago period, a latest report said. The average price for the month of May ...
Origin of Gujjar community dates back to hoary past.
Jun 01, 2008 ... Origin of Gujjar community dates back to hoary past Subhashis Mittra New Delhi, Jun 1 (PTI) -- The Gujjar community, which is fighting for Scheduled Tribe status in Rajasthan, is originally an ethnic group that descended on India over 1,500 years ago. ...
Jawan commits suicide.
Jun 01, 2008 ... Jawan commits suicide Jammu, June 1 (PTI) -- An army jawan allegedly committed suicide by shooting himself with his service rifle in the district, a defence spokesman said today. Havaldar Jaspal Singh of 14 Sikh Light Infantry ...