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Parliament passes Lokpal amendment bill

New Delhi, July 29 -- A bill to amend the Lokpal and Lokayukta Act, 2013, was passed by parliament on Thursday doing away with the time limit for public servants to furnish details of their assets and liabilities, which as per the original act was July 31 every year.

The Lokpal and Lokayukta (Amendment) Bill, 2016, which was passed by the Lok Sabha on Wednesday, was passed by the upper house on Thursday.

It allows extension of the time given to... Read More


SC to examine if state entry tax violates 'freedom of trade'

New Delhi, July 18 -- A nine judge constitution bench of the Supreme Court bench will hear from Tuesday a batch of petitions by some top corporate houses and business associations challenging the imposition of entry tax by the various state governments, contending that it was violative of the freedom of trade and commerce provided under the Constitution.

The bench of Chief Justice T.S.Thakur, Justice A.K.Sikri, Justice S.A. Bobde, Justice Shiva ... Read More


Suzuki, Toshiba and Denso to make lithium-ion batteries in India

New Delhi, April 15 -- Suzuki Motor Corporation on Friday said that it has reached a basic agreement with Toshiba Corporation and Denso Corporation for establishment of a joint venture company which will produce automotive lithium-ion battery packs in India.

"Suzuki Motor Corporation (Suzuki), Toshiba Corporation (Toshiba) and Denso Corporation (Denso) have reached basic agreement on establishing a joint venture company for production of automot... Read More


BML Munjal University, the new hub for aspiring engineers from Andhra Pradesh and Telangana

New Delhi, Sept. 7 -- BML Munjal University (BMU), founded by The Hero Group, and located in Gurugram (National Capital Region of Delhi) has emerged as the new hub for aspiring engineers from the South. Prof. B S Satyanarayana, Vice Chancellor, BMU and senior staff members of the University were in Hyderabad on 7th April 2017 to strengthen this growing relationship by interacting with media persons and parents of students who hail from the city. ... Read More


Major natural gas reserve found in Indian Ocean: USGS

Sri Lanka, July 26 -- The U.S. Geological Survey (USGS) says it has assisted the Government of India in the discovery of large, highly enriched accumulations of natural gas hydrate in the Bay of Bengal.

"Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well help define the technology needed to safely produce them," said Walter Guidroz, USGS Energy Resources Program coordinator.

N... Read More


Property Management Services - A Perfect Stop for NRIs Property - Vinay Prajati Founder, Propdial

New Delhi, April 25 -- With around 1, 30, 08,012 Non-Resident Indians (NRIs) living throughout the globe and making the country proud; there seems no doubt that India is a country full of highly intellectual, bright minded people. From NASA to CAS and Google to Apple, the contribution of Indian scientists, engineers, and business leaders to the growth of businesses, societies, and nations is far beyond the expectations of the world. They are not ... Read More


St. James's Place Q1 Gross Inflow Of Funds Up 32% - Quick Facts

India, April 25 -- St. James's Place plc (STJ.L), the wealth management group, issued an update on new business inflows and funds under management for the first quarter ended March 31, 2017.

The company reported gross inflow of funds under management of 3.23 billion pounds, up 32 percent from 2.45 billion pounds in the prior-year quarter.

Net inflow of funds under management was 1.99 billion pounds, up 46 percent from 1.36 billion pounds in the... Read More


D-Day For CAPR Today, OMED Hands Out Pink Slips, JAZZ Hits Right Notes...

India, April 25 -- Capricor Therapeutics Inc. (CAPR) will be announcing 6-month results from its phase I/II trial of CAP-1002 for the treatment of heart disease associated with Duchenne muscular dystrophy.

Duchenne muscular dystrophy is a rare, life-threatening genetic disorder for which treatment options are limited.

The phase I/II trial of CAP-1002 is known as HOPE.

As you may know, the first FDA-approved treatment for DMD is Exondys 51, man... Read More


German Construction Orders Rise In February

India, April 25 -- The total value of new orders received by the German construction industry increased in February, figures from Destatis showed Tuesday.

The seasonally, working-day and price-adjusted orders in construction climbed 2.0 percent month-over-month in February.

On an annual basis, construction orders grew 4.8 percent in February. During the first two months of the year, construction demand rose by 3.8 percent compared to the same p... Read More


AIXTRON Q1 Loss Narrows; Reports Highest Q1 Revenues Since 2011 - Quick Facts

India, April 25 -- AIXTRON SE (AIXG) reported that its first-quarter net result was a loss of 13.5 million euros or 0.12 euros per share compared to a loss of 15.5 million euros or 0.14 euros per share, previous year. Adjusted net result before one-time TFOS write downs was negative at 6.9 million euros, for the quarter.

First-quarter total revenues increased to 53.6 million euros from 21.4 million euros, prior year. The company noted that this ... Read More