Two tremors, one at around 8:53 am and the other at around 11:00 am, rocked several parts of western India, including Satara, Pune, Nashik, Ratnagiri, Navi Mumbai, Kolhapur and Solapur.

Mild tremors rock western India, epicentre near Bhuj

Business Standard

The Tamil Nadu government has allocated Rs 100 crore for relaying roads using plastic waste, as part of its plastic waste management programmes, which also include promoting usage of plastic waste in cement kilns.

TN allocates Rs 100cr for relaying roads using plastic waste

Ahead of the monetary policy for 2012-13 on Tuesday, Reserve Bank of India (RBI) Governor D Subbarao on Saturday met Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee to discuss the macroeconomic situation of the country.

Subbarao meets PM, FM ahead of RBI policy

The finance ministry is in favour of allowing foreign carriers to buy up to 49 per cent in Indian carriers.

FinMin bats for 49% FDI 

Pharmaceutical exports in the first seven-month period between April and October, 2011, posted a 20 per cent growth to Rs 31,467 crore as compared with Rs 26,174 crore in the corresponding period previous year.

Pharma exports grew 20% in April-Oct 2011

In a sudden climbdown after threatening to disrupt Bihar&rsquo;s centenary celebration here on Sunday, the Maharashtra Navnirman Sena (MNS) has withdrawn its threat. And instead, it has decided not to protest against Bihar Chief Minister Nitish Kumar&rsquo;s visit for the celebrations of Bihar Divas. &ldquo;I spoke to Nitish Kumar on the phone, and the matter is settled,&rdquo; MNS chief Raj Thackeray said.

MNS withdraws threat to Nitish over Mumbai visit

The Tamil Nadu Pollution Control Board (TNPCB) is looking at collaborating with institutions like Indian Institute of Technology (IIT), Madras, to set up a technology demonstration centre as part of monitoring source emissions and ambient air quality on a real time basis.

Pollution board to tie up with IIT-Madras

Signalling further improvement in its relation with Pakistan, India on Friday said it would allow a flow of foreign direct investment (FDI) from that country soon.

India to soon permit FDI flow from Pakistan

Yoga guru Ramdev is all set to hold a one-day dharna on June 3 in Delhi, to mark the first anniversary of the midnight crackdown by security personnel against his indefinite fast at Ramlila ground.

Ramdev to stage dharna  in Delhi

Odisha expects to garner additional revenue of Rs 100-Rs 150 crore following revision of coal royalty approved by the Cabinet Committee on Economic Affairs (CCEA).

Odisha slams coal royalty revision

The Mangalore Refinery &amp; Petrochemical Ltd, a subsidiary of ONGC, has said that it is advancing its annual maintenance shutdown of its production units due to the non-availability of water. The refinery, based in Mangalore, has a capacity to refine 15 million tonnes per annum and was receiving around 5.5 million gallons of water per day from the Nethravati river.

MRPL shuts earlier for want of water

The fourth-quarter financial performance of Infosys, the country&rsquo;s second-largest information technology company, failed to bring cheer to both investors and employees.

Infosys defers annual pay rise, may review decision

Ahead of the Reserve Bank of India's monetary policy next Tuesday, Naina Lal Kidwai, country head in India and director for Asia Pacific, HSBC, on Friday said liquidity crunch called for a further cut in cash reserve ratio (CRR) and token reduction in interest rate.

Further CRR cut will ensure the much needed liquidity: HSBC

Information technology services company iGATE Patni on Friday reported net profit of $24.1 million (Rs 123.6 crore) for the first quarter ended March 2012, but its revenue growth fell short of expectations, due to delays in starting projects.

iGATE March quarter net up 35%

Infosys has denied misusing B-1 or H-1B visas to send employees to the US to work at clients&rsquo; sites.

Infosys denies misusing US visas

Indian School of Business (ISB) on Friday signed a memorandum of understanding with Institute of Business Administration (IBA), the oldest business school outside of North America, to provide executive education in Pakistan.

ISB to provide executive education in Pak

Former chief minister of Uttar Pradesh and chief of the Bahujan Samajwadi Party Mayawati today warned the ruling Samajwadi Party of dire consequences if any attempt was made to tamper with the legacy of the pro-Dalit party, namely the parks and statues built during her regime.

Mayawati dares UP govt to make changes at memorials, parks

The Securities and Exchange Board of India (Sebi) on Friday said it would unveil a new set of norms for consent order settlement in four weeks. Market players say this could pave the way for settlement of the much-awaited insider trading case against the Mukesh Ambani-led Reliance Industries Ltd (RIL).

BS Reporter