Over 70 companies to take part in Brazil oil auction
byRio de Janeiro, April 5 (IANS/EFE) A total of 71 oil companies are expected to take part in an auction of Brazilian exploration blocks…
Business
Mexican firm buys Costa Rican cheese producer
byMexico City, April 5 (IANS/EFE) Sigma Alimentos, a unit of Mexico’s Grupo Alfa, acquired Corporacion de Empresas Monteverde, Costa Rica’s leading producer and marketer…
UP roads to get smoother with Rs.1,700 crore
byLucknow, April 5 (IANS) The Uttar Pradesh government has sanctioned Rs.1,700 crore for laying new roads and for the maintenance and repair of existing…
Blackberry to shut BBM Music service
byMadrid, April 5 (IANS/EFE) The BBM Music streaming service will be closed down June 2 after a 19-month run following the completion of “a…
SC declines immediate hearing of Bharti Airtel petition
byNew Delhi, April 5 (IANS) The Supreme Court Friday declined to hold an immediate hearing of a Bharti Airtel petition challenging the Delhi High…
Cuba allows state firms to implement performance-based pay
byHavana, April 5 (IANS/EFE) Cuban state-owned firms may use up to 50 percent of post-tax profits for R&D and employee incentives, Communist Party daily…
Andhra opposition to go ahead with April 9 shutdown
byHyderabad, April 5 (IANS) Opposition parties in Andhra Pradesh have decided to go ahead with their statewide shutdown on April 9 despite the government…
ECB leaves interest rates unchanged in Eurozone
byFrankfurt, April 5 (IANS/EFE) The European Central Bank has left its benchmark interest rate unchanged at 0.75 percent despite the worsening situation in the…
Panel to oversee Lucknow metro rail project
byLucknow, April 5 (IANS) A committee headed by Uttar Pradesh Chief Secretary Jawed Usmani will oversee the “formative steps” of the ambitious metro rail…
Global media probe names first offshore Indian user
byWashington, April 5 (IANS) A group of international journalists which claims to have exposed hidden dealings of politicians, con artists and the mega-rich in…