DUBAI: Largest number of foreign investors to the Jebel Ali Free Zone (Jafza) in the UAE came from India in 2013, followed by China, the UK and the US, according to the entity. In 2013, 30 per cent of the new companies came from developed and developing economies of Asia, 29 per cent from Europe […]
Johannesburg: South Africa captain Graeme Smith, who announced his retirement from international cricket last week, was influenced by his family in taking the decision, media reported on Sunday. Smith, 33, told the Sunday Times newspaper that he knew he had made the right decision while at the hospital bedside of his 18-month-old daughter, who had […]
NEW DELHI: As market regulator Sebi examines allegations of Maharishi Vedic Construction Corporation collecting money from public investors violating norms, the company claims it has not taken any public deposits. The company also said this could be a case of “mistaken identity” and it was “much confused” on what basis Sebi was connecting it with […]
Srinagar: After two days of bright sunshine, intermittent rains across Kashmir brought the chilly conditions back in the valley Sunday. “There has been light to moderate rainfall in most parts of the valley today,” an official of the MET department said. He said, however, there were no reports of snowfall from anywhere in the valley. […]
NEW DELHI:In a damning indictment, the CAG has said Oil Ministry and its technical arm DGH approved notification of now flagging gas discoveries in Reliance Industries’ KG-D6 block despite the company not doing enough appraisal. RIL had found gas in the Dhirubhai-1 and 3 wells in October 2002 and were declared commercially viable finds between […]
NEW DELHI: Overseas investors pumped in over Rs 3,000 crore in the Indian stock market in the past week mainly on hopes of a strong mandate for the government to be elected in polls starting next month. Foreign institutional investors (FIIs) were gross buyers of shares worth Rs 18,944 crore and sellers of stocks to […]
NEW DELHI: Progress in the Rs 3,046-crore mobile phone towers project in naxal affected areas across nine states is stuck due to wrong estimates by the Department of Telecom, official sources say. BSNL, which has to implement this project, has brought this “arithmetical error” to the DoT’s notice. There is a difference of about Rs […]