Popular Articles

Sensex extend losses, down 612pts
The Sensex finally ended (provisional) at 14,774 - down 638 points. The Nifty ended (provisional) down 192 points at 4,388.

SAIL 'steels' the show, tops world in profit stakes
While SAIL is operating at full steam, the capacity utilisation among other global biggies is just 50-60 per cent.

News of the day

'Funds for institutes to conduct R&D in renewable energy'
Centre today said that it would allocate funds to the institutes such as IITs to carry out research projects in the sphere of renewable energy in a bid to boost country"s research and development capability for harnessing renewable energy potential.
Corporate

Arms donors

The echo of India’s controversial Rs 10,000-crore Barak surface-to-air missile deal with Israel is being heard in faraway London. According to a leading London newspaper, “One of the Liberal Democrats’ most generous donors has been accused of accepting tens of millions of pounds in kickbacks from an arms deal between an Israeli company and the Indian Government …” The newspaper quotes Indian sources to say the payments were disguised as ‘business charges’ since India officially prohibits the use of middlemen in defence deals.


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