New Delhi

Debt-ridden Unitech intends raising Rs.1,250 crore by way of QIP

UnitechAccording to domestic institutional investors, the debt-ridden Indian real estate bigwig Unitech Ltd intends raising Rs. 1,250 crore by way of a qualified institutional placement (QIP) of shares, for the repayment of part of its debt of more than Rs. 8,000 crore.

An unnamed company official said that the funds, likely to be raised by the end of this month, would help the company cut its debt by Rs 1,000 crore by June this year.

Karat says Pawar may join Third Front after elections

Karat says Pawar may join Third Front after electionsNew Delhi, Apr. 10 : CPI (M) General Secretary Prakash Karat said on Friday that NCP chief Sharad Pawar may join the Third Front after the elections, as the "logic would lead him towards this option."

"Right now we are not having any understanding with him regarding the Third Front... But I think the logic of the situation would lead him to also consider this option," Karat told NDTV.

The CPI (M) leader admitted that Pawar would have various options open after the elections, but ultimately it could be Third Front that he may choose.

Tytler, Kumar not to contest polls

Sajjan KumarNew Delhi, Apr 9 : The Congress on Thursday announced that senior party leaders and co-accused in the 1984 anti-Sikh riots case- Jagdish Tytler and Sajjan Kumar would not contest this year's general elections.

Kumar was the party's Lok Sabha candidate from South Delhi, while Tytler was the North-East Delhi nominee.

United Progressive Alliance (UPA) Chairperson Sonia Gandhi asked both leaders to withdraw their Lok Sabha candidatures.

All India Congress Committee (AICC) General Secretary Janardan Diwedi said the decision on their replacement would be taken soon.

Delhi Public Library opens first computerised sub-branch

Delhi Public Library opens first computerised sub-branchNew Delhi, April 9 : Delhi Public Library has opened a fully computerised sub-branch library at Vinobha Puri near Lajpat Nagar II in the capital, which offers computerised library services, free lending services and a modernised children section.

Besides, new facilities like free Internet and DVD/CD lending services will also be introduced very soon for the DPL members here.

Indian court puts off verdict on politician in anti-Sikh riot case

Indian court puts off verdict on politician in anti-Sikh riot caseNew Delhi -  An Indian court Thursday postponed until April 28 its verdict on the alleged involvement of a Congress Party politician in anti-Sikh riots of 1984 amid protests by the Sikh community.

Congress Party leader Jagdish Tytler is accused of inciting mobs to attack Sikhs in Delhi after the assassination of then prime minister Indira Gandhi on October 31, 1984.

At least 2,000 Sikhs were killed in the Indian capital during the riots.

EC issues notice to Lalu, Rabri Devi for Model Code violation

EC issues notice to Lalu, Rabri Devi for Model Code violationNew Delhi, Apr 9 : The Election Commission on Thursday issued notices to Rashtriya Janata Dal (RJD) chief Lalu Prasad and his wife and former Bihar Chief Minister Rabri Devi for violation of the Model Code of Conduct.

Prasad and Rabri Devi made remarks against Bharatiya Janata Party (BJP) leader Varun Gandhi and Bihar Chief Minister Nitish Kumar respectively.

Rabri Devi has been given time till April 11 to reply to the notice.

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