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IDBI to sell 5% stake in NSE

IDBI to sell 5% stake in NSE

IDBI Bank will sell its entire 5% stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector lender about Rs 1,000 crore.

At the end of quarter ending September 2014, the public sector lender held early 23 lakh shares of the National Stock Exchange (NSE) representing a 5% stake in the bourse.

Robert Vadra-DLF land deal: Important file pages missing

Robert Vadra-DLF land deal: Important file pages missing

IAS officer Ashok Khemka has sought registration of an FIR after an RTI filed by him found that two pages of a file pertaining to the controversial DLF-Robert Vadra deal are missing from government records.

Admitting that the pages were missing, Chief Secretary PK Gupta said an internal inquiry has been instituted in the matter and efforts are on to reconstruct the file

Ali Anwar lends support to Mamata Banerjee, says those in power misuse CBI

Ali Anwar lends support to Mamata Banerjee, says those in power misuse CBI

Lending his support to West Bengal Chief Minister Mamata Banerjee, Janata Dal (United) leader Ali Anwar on Friday opined that whichever government is in power at the Centre misuses the Central Bureau of Investigation (CBI) as a political tool against its opponents.

Anwar was lending his support to Mamata Banerjee's allegations that the Bharatiya Janata Party (BJP) was waging a political vendetta against her party, the Trinamool Congress (TMC), over the Saradha chit-fund scam.

India conveys strong concerns to Pakistan over bail to 26/11 accused Zaki-Ur-Rehman-Lakhvi​

India conveys strong concerns to Pakistan over bail to 26/11 accused Zaki-Ur-Rehman-Lakhvi​

India on Friday conveyed to Pakistan strong concerns of government and sentiments of people on grant of bail to Mumbai terror attacks mastermind Zaki-Ur-Rehman-Lakhvi​, said Ministry of External Affairs spokesperson Syed Akbaruddin​.

Despite repeated assurances that have been received, we have seen both the prosecution of the seven accused in the Anti-Terror Court in Islamabad, as also the investigation by the authorities into the larger conspiracy surrounding the Mumbai attack case, proceeding at a glacial pace.

Honda plans to launch over 10 two-wheeler models in 2015

Honda plans to launch over 10 two-wheeler models in 2015

Honda Motorcycle & Scooter India on Thursday said it plans to launch over 10 new models in the country during the next year. These launches will include seven new products and a few refreshed models.

“During the course of next year we plan to launch over ten models,” HMSI President & CEO Keita Muramatsu told reporters at the sidelines of the launch of CB Unicorn 160.

Sensex up over 250 points; ICICI Bank, Infosys top gainers

Sensex up over 250 points; ICICI Bank, Infosys top gainers

Markets opened higher, amid firm global cues, with bank and IT shares leading the gains in early trades.

At 9:30AM, the 30-share Sensex was up 269 points at 27,395 and the 50-share Nifty was up 77 points at 8,236.

26/11 trial: LeT operations commander Lakhvi gets bail

26/11 trial: LeT operations commander Lakhvi gets bail

LeT operations commander Zakiur Rehman Lakhvi, one the seven Pakistani nationals accused of planning and abetting the 2008 Mumbai terror attacks, was granted bail today by the Anti-Terrorism Court.

Lakhvi and six others had filed bail applications yesterday even as lawyers were observing strike to condemn the terrorist attack on an army-run school in Peshawar that left 148 people, mostly children, dead.

Sebi order like capital punishment: DLF counsel argues

Sebi order like capital punishment: DLF counsel argues

The Securities Appellate Tribunal (SAT) adjourned the hearing of real estate major DLF after arguments were heard in the first session on Thursday.

The appeal is set to continue in the afternoon. The tribunal hears appeals against decisions of the stock market regulator.

SC for transparency in sexual harassment cases against judges

SC for transparency in sexual harassment cases against judges

In a landmark move to usher in transparency in higher judiciary, the Supreme Court on Thursday order its registry to make public the in-house procedure for enquiry into sexual harassment and other complaints against High Court judges and Chief Justices.

A bench led by justice J.S. Khehar was pronouncing the judgment in a petition filed by an additional district judge in Madhya Pradesh complaining of harassment faced at the hands of a Madhya Pradesh High Court.

Punjab National Bank, JK Tyre turn ex-split today

Punjab National Bank, JK Tyre turn ex-split today

Shares in Punjab National Bank and JK Tyre and Industries were trading higher by up to 8% after both the stock turned ex-stock split today.

JK Tyre and Industries has surged 8% to Rs 129, while Punjab National Bank gained nearly 4% to Rs 225 in early morning deals on the BSE.

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