Chennai | 1 day ago
'Appointing RTI chief without consulting opposition is illegal'
Chennai, Aug 25 - Leader of Opposition in Tamil Nadu and AIADMK General Secretary J. Jayalalithaa said here Wednesday that the appointment of the Chief Information Commissioner - without consulting her was illegal.Charging the government with not providing her the requisite information on the appointment of the new CIC, Jayalalithaa said Chief Minister M. Karunanidhi cannot take her for granted an ... read more

Navi Mumbai | 11 days ago
Navi Mumbai to host 4th Asian Science Camp
Navi Mumbai, Aug 15 - Navi Mumbai will be the first Indian city to host the Asian Science Camp starting Tuesday.The three-day camp, which will be held in Navi Mumbai's Vashi township, has been earlier hosted by Taiwan in 2007, Indonesia in 2008 and Japan in 2009. 'Eleven world renowned scientists from India and abroad, including Nobel laureates Richard R. Ernst from Switzerland and Makoto Kobayash ... read more

Chennai | 25 days ago
Life insurance firms mull riders to take policyholders for a ride
Chennai, Aug 1 - The dirty tricks departments in life insurance firms are busy at work to beat the new regulations for unit-linked insurance policy - issued by the regulator, capping the various charges that they can levy on policyholders.'As per the latest guidelines issued by the IRDA -, the maximum first-year commission that can be paid to distributors will be around 12 percent,' a senior indus ... read more

Chennai | 1 month ago
IRDA is micro managing life insurers: Experts
Chennai, July 19 - The Insurance Regulatory and Development Authority - seems to be trying to micro-manage the sector with its proposed measures on hiking the policy persistency - ratio, say life insurance industry experts.In an exposure draft on persistency of life insurance policies, the IRDA has suggested a target of 20 policies per year for individual agents and a minimum first year premium in ... read more

Chennai | 1 month ago
Sell more policies for better renewal ratio: Insurance regulator
Chennai, July 17 - In order to increase the persistency or continuity of life insurance policies by policyholders, the Insurance Regulatory and Development Authority - has suggested agents sell more policies per year.In an exposure draft on persistency of life insurance policies, the IRDA has suggested a series of measures, including asking them to procure a minimum of 20 polices per year and a mi ... read more

1 month ago
ISRO to launch more satellites this year
Sriharikota -, July 12 - After successfully placing five satellites in orbit Monday, India's space agency ISRO said it will launch more satellites this year and efforts were on to put two Indians in space orbit.'We will launch GSat-5, a communication satellite, using GSLV - rocket. The other launch will be Resourscesat-2, a remote sensing satellite, using the rocket PSLV -,' Indian Space Research ... read more

Thiruvananthapuram | 1 month ago
Fissures in Kerala's ruling alliance over NCP
Thiruvananthapuram, July 11 - The Revolutionary Socialist Party -, which is a part of Kerala's ruling Left Democratic Front -, Sunday slammed the induction of the Nationalist Congress Party - in the alliance.Addressing reporters here, RSP state chief V.P. Ramakrishnan Pillai said that the party has always been against the induction of the NCP. 'For the past few years we have been leading a series ... read more

New Delhi | 1 month ago
Dow bribed Indian officials with cash, jewellery, hospitality
New Delhi, June 28 - A senior central government official and his aides were bribed $32,000 in cash and jewellery while their travel and hotel expenses were also picked up by a subsidiary of Dow Chemicals, which took over the Union Carbide company after the 1984 Bhopal gas leak tragedy, to push its substandard pesticides in the Indian market, a case filed by the Central Bureau of Investigation - s ... read more

Chennai | 2 months ago
Sailesh dominates in JK Tyre National Racing
Chennai, June 20 - Sailesh Bolisetti, the 21-year old from Visakhapatnam, gave further evidence of his talent in saloon car racing with a splendid double in the first round of the 13th JK Tyre National Racing Championship here Sunday.Unlike most in his age group, Sailesh prefers touring cars to formula racing and having won the opening round of the Volkswagen Polo Cup championship in Pune last mon ... read more

Chennai | 2 months ago
Formula Rolon misfires in National Racing Championship
Chennai, June 19 - The 13th JK Tyre National Racing Championship started off on the wrong tyre, as it were, with the new-look Formula Rolon races being postponed due to a 'major component' failure, here Saturday.The Formula Rolon, fitted with 1300cc Maruti Esteem engine, had its first test run last evening and three of the 13 cars packed up due to engine seizure. Subsequently, the organisers, on i ... read more