New Delhi (IANS): State-run explorer Oil and Natural Gas Corp. (ONGC) said Thursday it has made three significant oil and gas discoveries. Two of the finds are in India’s east coast and one in the state of Tripura, it said. In a statement here, ONGC said its board has also decided [...]

Shimla: The hills of Himachal Pradesh are set to roll out a red carpet for entrepreneurs. Less than three months after taking power, the Virbhadra Singh government has opened a single-window system to not only help businessmen get time-bound clearances but also guarantee approvals from different departments within a specified [...]

New Delhi (IANS) India remains an inspiration for acclaimed British novelist and short story writer Jeffrey Archer with its “manic pace, more than 50 million readers and warm hospitality”. The writer, in India to launch his new book, “Best Kept Secret”, the third in the Clifton Chronicles series, says India [...]

Washington (IANS) Indian ambassador Nirupama Rao has expressed her “firm view” that India-US economic relationship would only become stronger over time despite concerns of businesses on both sides. “Just as US businesses have some concerns, Indian industry has also highlighted its concerns,” she said Friday at the Centre for Strategic and [...]

Shimla: Himachal’s investment of Rs 2022.5 Cr in 22 state public sector undertakings (SPSU), stands all eroded as the cumulative losses of these state enterprises had crossed Rs 2188 Cr by end of March. 2012. Despite 11 SPSU having reported profits in 2011-12 the overall losses in the sector for [...]

Mumbai (IANS) Describing it as a landmark order, Star India CEO Uday Shankar Thursday said that the Delhi High Court has prohibited telecom operators and mobile value added service (VAS) providers from giving live updates of cricket matches. The court, in a recent order, barred telecom operators and mobile VAS providers [...]

Shimla: Public sector power generating company SJVN was conferred the Vishwakarma social development impact award and its medium sized Rampur project was commended for construction techniques, health, safety and addressing environment concerns. On receiving the award Nand Lal Sharma, director SJVN said that the company had adopted a corporate social [...]

Shimla: Failing to resolve a decade old dispute over PPP property Hotel Wildflower Hall and the books showing losses that have crossed Rs 100 Cr mark, the Himachal cabinet on Tuesday sought a CAG audit into the accounts of the company. An official spokesman said, “cabinet approved to entrust audit [...]

New York: Softtek, Latin America’s leading global IT services provider, has acquired Systech Integrators, a SAP channel and services partner global IT solutions provider co-founded by an Indian American to make an entry into India. This acquisition will further strengthen Softtek’s SAP qualifications by adding capabilities for cloud, mobility solutions as [...]

San Francisco: Market research firm Gartner said in its latest research that worldwide mobile phone sales declined in 2012 for the first time since 2009. “Tough economic conditions, shifting consumer preferences and intense market competition weakened the worldwide mobile phone market this year,” said Anshul Gupta, principal research analyst at Gartner. [...]