Sensex down 128 points in early trade

MUMBAI - The benchmark index of the Indian stock markets opened weak Friday and was down 128 points within five minutes.

India’s n-tests were success, no repeat needed: top scientists

MUMBAI - India’s May 1998 nuclear tests were fully successful and helped the country achieve capability to build fission and thermonuclear fusion weapons and there was no need to carry out any more tests, two top scientists said here Thursday.

India’s 1998 n-tests were successful, assert scientists

MUMBAI - The nuclear tests India conducted in May 1998 were fully successful and helped the country achieve capability to build fission and thermonuclear fusion weapons from low yields up to 200 kilo tonnes, two top scientists said Thursday.

Pokhran II was a success: Kakodkar (updated)

MUMBAI - Rejecting claims made by former Defence research and development Organisation (DRDO) chief K. Santanam that the Pokhran II were partially successful, Atomic Energy Commission (AEC) Chairman Anil Kakodkar said tests were fully successful.

Sunil Deshmukh faces disciplinary action if he opposes Prez Patil’s son

MUMBAI - Maharashtra Chief Minister Ashok Chavan on Thursday said that Congress party member Sunil Deshmukh could face disciplinary action if he contests forthcoming Maharashtra State assembly elections against President Pratibha Patil’s son Rajendra Singh Shekhawat.

Sensex ends 68 points higher despite weak global cues (Roundup)

MUMBAI - A key index of the Indian equities markets made up its losses Thursday to shut shop 68 points higher than its previous close, even as bourses across the world were trading on a tepid note.

IBN18 to raise Rs.510 crore (Business Capsule)

MUMBAI - Media company IBN18 Broadcast is seeking to raise fresh capital amounting to Rs.510 crore through a rights issue, the pricing of which will be decided later.

Sensex recoups losses, closes 68 points up (Second Lead)

MUMBAI - A key index of the Indian equities markets made up its losses Thursday to shut shop 68 points higher than its previous close.

Pokhran II was a success: Kakodkar

anil-kakodkar303MUMBAI - Atomic Energy Commission Chairman Anil Kakodkar said on Wednesday that the controversy over Pokhran-II nuclear tests was unnecessary.
Addressing a press conference along with senior defence scientist R. Chidambaram here Kakodkar said, Pokharan-II nuclear tests gave India capability to build deterrence in both the fission and fusion categories.

Trading dull at Indian stock markets

MUMBAI - Indian equities markets were trading on a fairly tepid note a little after noon Thursday, although a key index recovered after falling steeply in the morning session and was ruling 0.74 percent lower than its previous close.

L&T bags Rs.2,000-crore order from GMR

MUMBAI - Construction and engineering firm Larsen and Toubro (L&T) Thursday said it has received an order worth over Rs.2,000 crore from GMR Energy for setting up a gas-based power plant in Andhra Pradesh.

Sensex opens in the red, down 0.66 percent in early trade

MUMBAI - The benchmark index of the Indian stock markets opened in the red Thursday and was down 0.66 percent within five minutes.

Kalavati to campaign for ‘third front’ in Maharashtra

MUMBAI - Kalavati Bandurkar, a farmer’s widow who became the face of the common people after Congress leader Rahul Gandhi spoke of her plight in parliament, is not only fighting the Maharashtra assembly elections but also campaigning for the ‘third front’.

Air India cuts employees’ incentives by 50 percent

MUMBAI - India’s cash-strapped national carrier Air India Wednesday decided to cut productivity linked incentives (PLI) of employees by 25 to 50 percent.

Maharashtra poll: Congress fields president’s son Rajendra Shekhawat

MUMBAI - The Congress Wednesday named Rajendra Shekhawat, son of President Pratibha Patil, as its candidate from the prestigious Amravati assembly constituency of Vidarbha in eastern Maharashtra. The nomination was being spoken about for about a month.

Poonam Mahajan files nomination papers in Mumbai

MUMBAI - Poonam Mahajan, daughter of slain Bharatiya Janata Party leader Pramod Mahajan, on Wednesday filed her nomination for the forthcoming Maharashtra assembly elections.

NCP retains all its Maharashtra ministers in first poll list

MUMBAI - The Nationalist Congress Party (NCP) has retained all its state ministers in the first list of 80 candidates it released Wednesday for the Oct 13 Maharashtra assembly elections.

Late selling pulls Sensex down (Roundup)

MUMBAI - A key index of Indian equities markets, which had slipped sharply owing to heavy selling in blue chip stock in the last 40 minutes of trade Wednesday, managed to climb slightly to close 0.99 percent in the red.

Sensex closes 1 percent lower (Third Lead)

MUMBAI - A key index of Indian equities markets, which had slipped sharply in the last 40 minutes of trade Wednesday, managed to climb slightly to close 1.01 percent in the red.

Suzlon promoters offload 4.5 percent stake in company (Business Capsule)

MUMBAI - Three promoters of wind power major Suzlon Energy have sold approximately 70 million equity shares, representing 4.5 percent of the paid-up capital of the company.

Sensex trying to recoup losses in afternoon (Second Lead)

MUMBAI - A key index of Indian equities markets was trying to recoup losses Wednesday afternoon amid volatile trading conditions.

Glamour and opulence mark grand finale of Lakme Fashion Week

MUMBAI - Giant chandeliers slowly rising to the ceiling, walls swathed in luxurious fabric resembling an opulent Mughal Darbar, and beautiful and elegant models walking the ramp, heralded the beginning of the last and final show of the Lakme Fashion Week here last evening.

Former don Arun Gawli to contest polls in Mumbai from jail

MUMBAI - Former don and Maharashtra legislator Arun Gawli’s party, Akhil Bharatiya Sena (ABS), will contest six seats from Maharashtra in the forthcoming Assembly elections.

Markets trading flat, Sensex down 0.25 percent

MUMBAI - Indian equities markets were trading on a fairly quiet note a little after Wednesday noon with a key index ruling 0.3 percent lower than its previous close.

Sensex makes a wobbly start

MUMBAI - The benchmark index of the Indian stock markets Wednesday made a wobbly start and was ruling 26 points in the red, about five minutes into trade.

India’s new takeover norms may scuttle Bharti-MTN deal

MUMBAI - The $23-billion equity swap deal proposed by Bharti Airtel and South Africa’s MTN may hit turbulent weather with India’s capital markets watchdog amending the merger and takeover norms involving international transactions, experts said Tuesday.

Regulator amends company takeover norms

MUMBAI - The Securities and Exchange Board of India (SEBI) Tuesday revised its takeover norms, making it mandatory for holders of global depository receipts (GDR) or American depository shares (ADS) with voting rights to make an open offer if they acquired 15 percent shares of a public company.

Indian markets draw strength from global rally (Roundup)

MUMBAI - Backed by strong global cues, Indian equities markets rallied Tuesday with a key index ending 145 points above its last closing figure.

Bharti stock down 3.28 percent as MTN deal gets costlier

MUMBAI - The scrip of telecom major Bharti Airtel fell 3.28 percent on the Bombay Stock Exchange (BSE) at end of trade Tuesday following reports that the company may have to sweeten its offer for South African telecom company MTN.

Suspected Islamist militants destroy girls school with explosives in restive NW Pakistan

PESHAWAR, Pakistan — Suspected Islamist militants blew up a girls school close to the main city in northwestern Pakistan on Tuesday, police said. The school was empty at the time of the blast and no one was injured.

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