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Last updated: Thursday, November 26, 2015 10:24:03 PM

Audi,Volkswagen cut prices in India
New Delhi, Dec 16 (IANS) The Indian arms of two German auto majors, Audi and Volkswagen, Tuesday announced price reduction of their models following the reduction of excise duty and central value added tax (Cenvat) by four percent.

Tuesday, December 16, 2008 7:53:26 PM

Indegenous combat jet successfully lands at high altitude air base
New Delhi, Dec 16 (IANS) India's indigenously developed Tejas light combat aircraft (LCA) has achieved another milestone by successfully landing at the Leh airbase in Jammu and Kashmir, one of the highest airfields in the world at 10,600 ft, an official said Tuesday.

Tuesday, December 16, 2008 7:52:11 PM

Parliamentary panel visits Amritsar's airport to help save it
Amritsar, Dec 16 (IANS) A parliamentary panel, led by Sports Minister Manohar Singh Gill, Tuesday visited the international airport at Rajasansi near here and said it would submit a detailed report to the civil aviation ministry to save the airport.

Tuesday, December 16, 2008 7:51:48 PM

Satyam acquires infrastructure firms for $1.6 bn
Bangalore, Dec 16 (IANS) IT major Satyam Computer Services Tuesday announced the acquisition of two Hyderabad-based infrastructure sister firms - Maytas Properties and Maytas Infra - for $1.6 billion (Rs.79.2 billion).

Tuesday, December 16, 2008 7:28:11 PM

Defence spectrum might not be vacated before 3G auction
New Delhi, Dec 16 (IANS) In what could be a hurdle for the upcoming third generation (3G) radio waves auction, the defence ministry may not be able to vacate the spectrum it holds before the auction date.

Tuesday, December 16, 2008 7:19:25 PM

Kingfisher to decide on fare cut this week
New Delhi, Dec 16 (IANS) Hours after Civil Aviation Minister Praful Patel urged private operators to pass on the benefit of fuel price cuts to travellers, Kingfisher Airlines Tuesday said it would take a decision on this Dec 20.

Tuesday, December 16, 2008 6:57:01 PM

Delhi housing agency allots 5,238 flats
New Delhi, Dec 16 (IANS) Anxiety, anger, sadness and happiness - emotions changed by the minute on the faces of a sea of applicants as the Delhi Development Authority (DDA) Tuesday drew lots for allotting over 5,000 flats under its Housing Scheme 2008.

Tuesday, December 16, 2008 6:51:39 PM

Emerging technologies meet to be held in Bangalore
Bangalore, Dec 16 (IANS) A two-day meet on innovations and research developments in the Internet, data-centre networking, wireless, social networking, and enabling technologies such as silicon design and manufacturing begins here Thursday.

Tuesday, December 16, 2008 6:42:24 PM

State Bank to raise Rs.180 bn by March 2010
New Delhi, Dec 16 (IANS) India's largest state-owned bank, the State Bank of India (SBI), will raise Rs.180 billion by March 2010 to meet its capital requirement, it announced Tuesday.

Tuesday, December 16, 2008 6:32:47 PM

UCO Bank may cut lending rates by 100 basis points
Kolkata, Dec 16 (IANS) State-owned UCO Bank may cut its benchmark prime lending rate (BPLR) by 100 basis points, a top company official said here Tuesday.

Tuesday, December 16, 2008 6:26:33 PM

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