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Updated by Arun Sharma on Apr 11, 2015
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The Financial Express

Govt to Supreme Court: Received Rs 10,791 cr from telcos before end of FY15

The exchequer has earned Rs 10,791 crore before the end of the last financial year from telecom companies after the recently-concluded auction of spectrum, which would help the government partly breach the fiscal deficit. The government filed an affidavit in the Supreme Court on Friday, informing the court about the money it has received from the successful bidders by March 31.

Govt to Supreme Court: Received Rs 10,791 cr from telcos before end of FY15

The exchequer has earned Rs 10,791 crore before the end of the last financial year from telecom companies after the recently-concluded auction of spectrum, which would help the government partly breach the fiscal deficit. The government filed an affidavit in the Supreme Court on Friday, informing the court about the money it has received from the successful bidders by March 31.

Sunny Leone starrer 'Ek Paheli Leela' box office collections get off to slow start

With the IPL season that has just started major releases seems to be keeping their distance. However this week we see the release of two films namely Ek Paheli Leela featuring Sunny Leone and Dharam Sankat Mein featuring Paresh Rawal and Naseeruddin Shah.

Apple Inc's Watch release: Where to try on gold watch

Watch cases are made with 18-karat gold alloys, and some of the pricier models have special band options unavailable with other models. All Apple stores will have these luxury versions on display, but only a handful let customers try them on. In the U.S., 21 stores will make them available for try-ons, including three in New York City.

Domestic car sales rise 2.64% in March

Domestic passenger car sales grew 2.64 per cent to 1,76,011 units in March, from 1,71,491 units in the same month of last year. However, motorcycle sales last month dipped 5.22 per cent to 8,59,521 units as against 9,06,901 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

Factory growth hits 9 month high on rising consumption demand

Industrial output grew 5 per cent during February, its strongest rise in three quarters, on back of strong growth in capital goods and consumer goods sectors, the index of industrial production (IIP) data released by the Central Statistics Office showed on Friday.

Rafale jet: Subramanian Swamy threatens to take legal recourse if govt finalises deal

Bharatiya Janata Party (BJP) leader Subramanian Swamy today threatened to take legal recourse if government went ahead with Rafale jet deal with France, saying there were shortcomings in the fighter aircraft.

HDFC Bank cuts home loan rate by 20 bps; EMIs to get cheaper

Housing Development Finance Corporation (HDFC) reduced its retail prime lending rate (RPLR) by 20 basis points to 9.9 per cent, with effect from April 13. Besides, HDFC has also revised downwards its deposit rates across various maturities. After the Reserve Bank of India's monetary policy earlier this week, Keki Mistry, vice-chairman & CEO, HDFC, had said, "...

GIFT City model can be emulated for creating 100 smart cities: Arun Jaitley

Describing Gujarat International Finance Tec-city (GIFT City) as a "miracle", Union finance minister Arun Jaitley on Friday tried to hard-sell the project - originally designed for developing financial services in Gujarat - as a "role model" for the development of future smart cities in India.

India to buy 36 Rafale jets from France: PM Narendra Modi after talks with French Prez

Marking a breakthrough in the protracted talks in the French Rafale jet deal, Prime Minister Narendra Modi today announced that India will purchase 36 of these fighter planes that are ready to fly, citing critical operational requirement of the IAF.

Fabindia top brass grilled; CEO says would regain Smriti Irani's trust

The top brass of apparel retailer Fabindia was today questioned by Goa Police in the CCTV camera case even as its CEO said the company would do everything possible to restore Union HRD Minister Smriti Irani's confidence in it as a customer.

B R Ambedkar a 'nationalist' with 'right perspective': RSS

As Congress and Bharatiya Janata Party (BJP) vie for appropriating B R Ambedkar's legacy, Rashtriya Swayamsevak Sangh (RSS) is seeking to project him as a "nationalist" leader with a "holistic" view and his caution against the threat of political Islam by bringing out a publication on him on his 125th birth anniversary.

Gold regains Rs 27K-level on global cues, buying by jewellers

Gold prices rose for the second straight day and reclaimed the psychologically important Rs 27,000-mark, surging by Rs 280 to trade at Rs 27,080 per 10 grams at the bullion market today amid a firming global trend. Besides, increased buying by jewellers to meet wedding season demand helped the precious metal to recapture the crucial level.

Amitabh Bachchan praises Kalki Koechlin starrer 'Margarita, With A Straw'

Megastar Amitabh Bachchan has lauded Kalki Koechlin starrer "Margarita, With A Straw", calling it a "brave" film. Amitabh Bachchan and his actress-politician wife Jaya attended 'Margarita, With A Straw' film's screening last evening here. The 72-year-old actor took to Twitter to praise the Shonali Bose-helmed movie. "A screening of 'Margarita with a Straw' ..

Non-violent video games can be useful to autism: Study

Non-violent video games that capitalise on storytelling have prosocial benefits that could ultimately be helpful to clinical disorders such as autism, a new study suggests. Daniel Bormann of the University of Freiburg in Germany and his colleague Tobias Greitemeyer wanted to see whether storytelling fosters immersion and changes how players are able to assess the mental states of others (called "theory of mind").

Delhi CM Arvind Kejriwal to visit rain-hit villages, likely to announce relief

Delhi Chief Minister Arvind Kejriwal will visit few rain-hit villages to estimate the damage incurred to the crops and is expected to announce relief for the farmers. "Farmers have suffered huge losses due to recent rains. Will visit a few villages and meet them to see how govt can help them," he said in a Tweet this morning.

Indian rupee bounced back against US Dollar by recovering 18 paise

Forex: The Indian rupee bounced back against the US currency by recovering 18 paise to settle the week at 62.31 at the Interbank Foreign Exchange (Forex) market on fresh selling of dollars by banks and exporters in view of sustained foreign capital inflows into local equity markets.

'My Choice' video featuring Deepika Padukone was misunderstood: Homi Adajania

Breaking his silence over the controversy surrounding his viral online video "My Choice", featuring Deepika Padukone, director Homi Adajania said the clip was not sexist but targeted men with "caged-mindset." Adajania, who got to know about the mixed reactions to his video only now as he was on a diving trip to Andamans, said it was difficult to address a complex issue like women empowerment in a short clip.

Maharashtra relaxes norms on screening Marathi films in multiplexes

Under fire for its controversial directive asking private multiplexes in the state to show Marathi movies in 6-9 PM slot, Maharashtra Government today relaxed norms as per which Marathi films can now be screened between 12 noon to 9 PM.