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In a letter to Union Minister for Heavy Industries HD Kumaraswamy, Karnataka transport minister Ramalinga Reddy detailed widespread issues including breakdowns, driver strikes, and mounting safety concerns, calling for immediate intervention and reform.
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Telangana CM Revanth Reddy said that Telangana does not compete with neighbouring states, but with global cities like New York, Tokyo, and Singapore.
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Reddy came in a car to the Central Crime Branch office, along with his advocates, after releasing a video message from an unknown location, saying he would appear before it
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Indian shares are likely to continue bounce from near 6-1/2 month closing lows. Nifty expected to trade between 8,000 and 8,400 in coming week.
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Among the BSE sectoral indices, realty plunged by 7.69 percent , IT 5.76 percent , teck 5.23 percent , healthcare 4.87 percent , Auto 4.45 percent , oil&gas 4.33 percent , consumer goods 4.22 percent and power 4.14 percent.
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ONGC is up 3 percent as oil prices touched 2015 highs. Oil prices jumped 5 percent overnight with Nymex rising to USD 56.4 per barrel. Other gainers include Hindalco, Tata Motors, Bharti Airtel and Tata Steel.
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ONGC, Bharti Airtel, Tata Motors, Hindalco and Tata Steel are top gainers in the Sensex. Among the losers are Sesa Sterlite, Cipla, Dr Reddy's Labs, L&T and HUL.
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“There is a reasonable chance that inflation might surprise positively in coming quarters. We think food inflation is close to its peak at current levels,†says the Nomura note.
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As per the deal, KKR will subscribe to the convertible debentures issued by Prathap Reddy's holding company PCR Investments with an option to convert these debentures into equity shares of listed Apollo Hospitals at the end of five years.
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Dr Reddy's Laboratories has launched the Decitabine for injection in the strength of 50 mg in the US market following approval by the United States Food & Drug Administration (USFDA) of Dr Reddy's abbreviated new drug applications (ANDA), it said in a statement.
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K Anji Reddy, promoter and chairman of the country's second largest drug maker Dr Reddy's Laboratories, passed away today. Reddy was 73-year-old and is survived by a son and a daughter.
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However, RBI governor D Subbarao and C Rangarajan, chairman of the Prime Minister's Economic Advisory Council ( PMEAC) is optimistic that the country‘s economy will be back on track soon.
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At the recently held Indira Gandhi Institute of Development Research (IGIDR) annual conference, RBI governor D Subbarao held an engaging discussion with former RBI governors namely C Rangarajan, Chairman, PMEAC, Bimal Jalan and YV Reddy.
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Today in the series of IBLA winners! The ultimate honour goes to a visionary who has spent a lifetime not just building up his company into a colossus with a global reach, but putting Indian industry on the world map with a bang.
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Central Vigilance Commission has sought a report from the CBI on alleged "leakage" of information related to the ongoing investigations in the disproportionate assets case against Kadapa MP Y S Jaganmohan Reddy. "Some people from AP have met me complaining that there has been a leakage of certain investigation.
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A sustained USD 10 per barrel increase in crude prices reduces growth in developing countries by 1.5% , oil minister, S Jaipal Reddy, said on Wednesday in Vienna, where crude producers of OPEC are meeting this week.
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The government has not yet fixed a date for ministers to review diesel pricing, Oil Minister S. Jaipal Reddy said on Friday, suggesting no immediate increase is on the cards.
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Edinburgh-based Cairn Energy Plc may have to once again extend the deadline for concluding sale of 40% stake in its Indian unit to Vedanta Resources as a ministerial panel vetting the deal is unlikely to meet before next week.
