TNM

Government Withdraws Affidavit In KG Basin Gas Case

Government Withdraws Affidavit In KG Basin Gas Case Union government had withdrawn the affidavit from the Bombay High Court, which was filed over RIL-RNRL gas dispute case. The affidavit was filed by the oil ministry, explaining the contractual violations over the sale of Krishna-Godavari basin gas.

Yahoo Lays Off 45 People

Yahoo Lays Off 45 People  Global search engine and web services provider Yahoo! has started the retrenchment drive by terminating the services of 45 people in India. Company spokesperson said that the global financial crisis and slowdown impacted the growth of the company, forcing it to take extreme steps like retrenchment. It would also employ other cost cutting measures to mitigate the losses. It had already hinted in October about the job cuts.

Government May Announce Second Stimulus Package Soon

Government May Announce Second Stimulus Package Soon The union government may announce a second financial package to boost the economic growth rate amid global slowdown. It was revealed by the Union Commerce and Industry Minister, Kamal Nath at the sidelines of a function, organized by the Spanish Institute of Foreign Trade.

Infra Growth Rate Declines To 3.4% In Oct

Infra Growth Rate Declines To 3.4% In Oct  The growth index of six core industries declined to 3.4 per cent in Octobe,r as compared to 4.6 per cent in the same month last year. The decline is reported, following slow in demand and production cuts imposed by various core sectors. Steel production recently imposed a 20 percent production cut due to the decline   in infrastructure sector as per data released by the commerce and industry ministry.

Samsung Cut Prices Of LCD TVs, Refrigerators

Samsung Cut Prices Of LCD TVs, RefrigeratorsWith the intention to pass on the benefit of the excise duty cut announced by the administration, Samsung India, one of the top consumer durables companies in the country, has slashed prices of its liquid crystal display (LCD) televisions and refrigerators.

According to a company statement, the cut in TV prices will be up to 2.5%.

The 22-inch LCD model, which now comes with a tag of Rs 18,500, gets cheaper by Rs 500.

On the other hand, the company has reduced prices by Rs 10,000 on a 52 inch LCD model, which is now priced at Rs 2.9 lakh.

Jodhaa Akbar Gets 'BAFTA Award' Nomination

Jodhaa Akbar Gets ‘BAFTA Award’ NominationAfter mesmerizing Indian viewers, Ashutosh Gowariker-directed historic genre ‘Jodhaa Akbar’ has won laurels enthralling judges and audiences at BAFTA awards in London.

Ash and Hrithik starrer ‘Jodhaa Akbar’ has been nominated in the Best Foreign film category of the British Academy of Film and Television Arts (BAFTA) awards in London.

Pages