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Cellular network provider Idea on Thursday announced a year-on-year increase of nearly 100 per cent in its consolidated net profit for the first quarter of current financial year, thanks to strong growth in voice and mobile data business.

The company announced that its consolidated net profit jumped to Rs 462.71 crore in the April-June quarter of 2013, from Rs 234.14 crore in the corresponding period of the previous year.

New Delhi, Aug 2 : The cabinet has asked the law ministry to suggest ways to set up an authority to fix rail fares, a minister said Friday.

According to Information and Broadcasting Minister Manish Tewari, the cabinet discussed the issue Thursday and asked the law ministry to suggest a road map.

He said there were two options before the government to set up such an authority -- through a legislative process or an executive order.

The consensus in the cabinet was on the executive order route.

Once the law ministry's recommendations come, it will go to the cabinet for consideration, said the minister.

Los Angeles, August 2 : Singer Shakira is breathing sigh of relief after a lawsuit filed by her ex-boyfriend, Antonio de la Rua, was dismissed by the Los Angeles superior judge, reports eonline. com.

The lawsuit was one of three that de la Rua filed against the Colombian crossover star seeking a "partnership" interest in her income. The court shot down all three.

"I am very grateful that the courts are not allowing these groundless lawsuits to proceed. I have moved on in my life and could not be happier now. I hope this harassment will now come to an end," Shakira said in a statement.

Madrid, August 2 : Actress Penelope Cruz has reportedly named her newborn dau

New Delhi, August 2 : The government has decided to sell 10 percent of its stake in the country's largest petroleum retailer Indian Oil Corporation.

“After this disinvestment the government of India share-holding in the company would come down to 68.92 percent,” the finance ministry said in a statement Friday.

The decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Manmohan Singh Thursday evening.

US retail giant, Amazon has announced the launch of a new feature called the `Amazon Collections' that allows users to categorize shopping on different lists.

The new collection feature also allows other users to follow and also lets users add images to the items. It comes with three default categories including my style, want list, and possibilities and users will be allowed to create more categories. The store also has default lists for books, movies, music, men's fashion, women's fashion, and collections called featured.