Corporate India tempered its victory celebrations for the supposedly business-friendly Narendra Modi-led National Democratic Alliance's landslide electoral victory by highlighting the need for immediate steps to create jobs through inclusive economic growth.

With demands for steps to improve business and consumer sentiments, re-start stalled projects, reduce interest rates and ease the environment for doing business, industry heads said the new government should focus attention on implementation of its promises.

Bangalore: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator, has bought the Dhamra port in Odisha for about Rs.5,000 crore from a joint venture (JV) of Tata Steel Ltd (Tata Steel) and Larsen and Toubro Ltd (L&T) in the biggest deal yet in the Indian ports sector.

“The shareholders agreement will be signed later today (Friday),” at least two people familiar with the deal said, asking not to be named as news of the deal has not been made public yet.

Jessop suspended work at its 226-year-old Dum Dum factory on Thursday — just a week after Chief Minister Mamata Banerjee had assured the workers of looking into their concerns during an election rally on May 8. The closure has rendered 635 workers jobless.

The BJP, on a high after exit poll projections, is gearing up accord a victor’s reception to Narendra Modi when he reaches the capital on May 17.

The party plans to decorate the route from the airport to its headquarters at 11, Ashok Road, and mobilise people in a huge way.

The United States warned Russia of punishing new sanctions if the Kremlin and its allies in Ukraine disrupt crucial presidential elections in the former Soviet republic which is less than 10 days away.

The United States warned Russia of punishing new sanctions if the Kremlin and its allies in Ukraine disrupt crucial presidential elections in the former Soviet republic which is less than 10 days away.

Basking in the glory of an expected historic victory, AIADMK general secretary and Tamil Nadu Chief Minister J Jayalalithaa said the verdict was the expression of love and confidence by the people. Jaya met the press at her Poes Garden residence in the afternoon after mid-day trends showed her party to be leading from 37 of the 39 constituencies in the State.

If these advantages are consolidated to victories, the party could emerge as the third biggest in the next Lok Sabha.

The Times Of India reported that Samsung is getting ready to launch its Gear Glass, a direct competitor to Google Glass, at the September 2014 IFC Tech Show in Berlin, Germany.

This news validates previous rumors that were circulating for months. In October, Russian tech blogger Eldar Murtazin had mentioned in a tweet that Samsung would release its own Google Glass competitor.

Satya Nadella has enjoyed a fairly smooth ride in his first 100 days as Microsoft Corp chief executive, but he risks hitting a rough patch next week when he unveils the latest models of the tepidly received Surface tablet.

Investors have lapped up Nadella's "mobile first, cloud first" strategy to recast the venerable software maker as a "devices and services" company, sending its shares up 9 percent since he took the helm.

Gujarat-based companies feature among top performers in the last eight months after Gujarat chief minister Narendra Modi was officially announced the BJP's prime ministerial candidate. The Street hopes Modi's pro-business and pro-reform agenda will revive economic growth that has fallen to a 10-year low in the last financial year.

AirAsia India, the newest low-cost carrier in the country, is preparing the ground to enter the Indian skies, sticking to its unique low-fare model, even as existing airlines are gearing up for increased competition.

AirAsia India, the joint venture between Malaysia-based AirAsia, Tata Sons and Telestra Tradespace, was granted Air Operating Permit (AOP) by the Directorate General of Civil Aviation, last week after a wait of almost seven-and-a-half months.

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