QUAID NAJMI
News Stories by QUAID NAJMI  [ timeline ] [ roundup ] 213 stories (Show All)
21 days ago
A broader 'Shariah' index for compliant Indian stocks
Mumbai, May 3 - The Bombay Stock Exchange - has become the first in the country to launch a unique index for equities that follow the tenets of Islam - the S&P BSE 500 Shariah Index - comprising 500 largest compliant stocks that trade on the bourse. The first such broad-based index has come about thanks to a strategic pact between the BSE and S&P Dow Jones Indices in February. The Shariah ... read more

27 days ago
Cancer-struck Indian professor waits for donor
Mumbai, April 28 - The clock is ticking away for an Indian-origin professor at Stanford who is suffering from leukaemia and is desperately waiting for a bone marrow donor match.Nalini Ambady, hailing from Kerala, practically has only around 7-8 weeks by which to find a matching donor, according to a close family friend Dilip D'Souza in Mumbai.After around eight weeks or so, she may not be healthy ... read more

27 days ago
On Indian cinema's centenary, kin want Bharat Ratna for Dadasaheb Phalke
Mumbai, April 27 - A hundred years after Lights, Camera, Action. were uttered for the first time in India by Dhundiraj Govind Phalke - Dadasaheb Phalke, known as the 'Father of Indian Cinema' - his descendents have sought a befitting recognition of his contribution by posthumously conferring him the Bharat Ratna, the country's highest civilian honour.Two grandsons of Phalke, whose 143rd birth anni ... read more

1 month ago
Iconic Mumbai GPO building turns 100
Mumbai, April 12 - Having witnessed some of the most remarkable developments in communications during its long history, Mumbai's imposing General Post Office -building - arguably the country's largest post office - completed its 100 years Friday.The GPO building's past is synonymous with the growth and development of efficient means of communications in the country's commercial capital and the res ... read more

1 month ago
Iconic Mumbai GPO building turns 100
Mumbai, April 12 - Having witnessed some of the most remarkable developments in communications during its long history, Mumbai's imposing General Post Office -building - arguably the country's largest post office - completed its 100 years Friday.The GPO building's past is synonymous with the growth and development of efficient means of communications in the country's commercial capital and the res ... read more

5 months ago
Maharashtra's only palace hotel to go under hammer
Kolhapur -, Dec 18 - The imposing Hotel Shalini Palace, a heritage structure steeped in debt, will soon go under an auctioneer's hammer, a top official said.The palace hotel has been taken over by Mumbai-based Saraswat Cooperative Bank Ltd, and its operations shut Dec 13, bank chairman Eknath Thakur confirmed.We had given the hotel management time to clear dues, along with interest and penalties, ... read more

5 months ago
NRI, Andhra Bank slug it out over Rs.10 crore loan
Mumbai, Dec 16 - An NRI from Britain is engaged in a tug-of-war with the Andhra Bank, alleging that the bank has attempted to shut down his business and dispose of his residence and prime office premises in the name of unpaid dues.Hirji K. Patel has moved the Debt Recovery Tribunal - seeking relief from what he claims unlawful NPA account - declared by Andhra Bank, and release of his prime propert ... read more

5 months ago
Maharashtra opposition to feast on controversies during session
Nagpur, Dec 9 - A feast of controversies awaits the Maharashtra opposition to put the ruling Congress-NCP coalition government on the mat during the fortnight-long winter session of the legislature starting here Monday.Days before the session, the opposition Shiv Sena-BJP-MNS combine has already made clear its aggressive attitude on several issues, the prime being the alleged Rs.20,000-crore scam ... read more

5 months ago
How Malala got a Mumbai award
Mumbai, Dec 9 - A Mumbai NGO which had conferred an honour on Pakistani teenager Malala Yousafzai managed to recently deliver this to her in Britian, outsmarting the tight security blanket around her family members.The feat was achieved by cracking the wall of security put up by Pakistani and British personnel to ensure that the award directly reached Malala, 14, and her family, an organizer said. ... read more

5 months ago
Mumbai riots 1992-93: The days that changed the city
Mumbai, Dec 6 - It was a rather cool evening in the second week of December 1992 when I was permitted to leave early - to rush from south Mumbai's Nariman Point to the northwest suburb of Borivli, at the other end of the city.At 7 p.m., as I warily entered the Churchgate station, I stopped in my tracks: it was eerily empty! On normal weekdays, every inch was occupied with commuters in the day, e ... read more

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