India

New Delhi, October 26: External Affairs Minister S.M. Krishna resigned on Friday ahead of the reshuffle of the Union Cabinet scheduled on Sunday. The 80-year-old leader from Karnataka is believed to have sent his resignation to Prime Minister Manmohan Singh in the afternoon, sources said. Indications are that with the Assembly elections due before next May in Karnataka the former Chief Minister

New Delhi, October 26: Liquor baron Vijay Mallya thanked 'the Almighty' on Friday for losing the billionaire status, and hoped that it would lead to "less jealousy, less frenzy and (less of) wrongful attacks" on him. Often referred to as 'King of Good Times', Mallya has slipped out of the billionaire league in the Forbes rich list, as "bad times" in his aviation business have dragged down his

Mumbai, October 26: Top RSS functionaries met on Friday at RSS headquarters in Nagpur to discuss the controversy surrounding Bharatiya Janata Party (BJP) President Nitin Gadkari's businesses. The RSS has decided to stand by Gadkari, say sources. RSS sources say there is no question of asking Gadkari to step down. "Gadkari is being targeted, we stand by him. We will push for Gadkari's second term

New Delhi, October 26: If an Indian submarine gets "disabled" deep underwater, the sailors are sunk since the country has only rudimentary submarine rescue facilities. Now, in a unique and complex endeavour, Indian and US Navies have come together to practise the rescue of "trapped" submariners from deep under the sea. The Indo-US submarine rescue exercise 'INDIAEX-2012' kicked off this week with

New Delhi, October 26: Jindal Steel chairman Naveen Jindal on Thursday accused TV channel Zee of "extortion'' and "blackmail'' for allegedly demanding Rs 100 crore worth of advertisements in lieu of blanking out negative reports. Earlier, Jindal's Jindal Steel and Power Limited(JSPL) had lodged an FIR on October 2 against Zee executives, Sudhir Chaudhary and Samir Ahluwalia, for alleged extortion

New Delhi, October 25: In a breakthrough for the beleaguered Kingfisher Airlines, its pilots, and then some time later its engineers, who had been on strike since last month, today accepted the management's offer of three months' salary, paid in tranches by Diwali, 13 November. They will all report to work today. The pilots will have to undergo simulator training and route checks again (since they

New Delhi, October 25: A Delhi court has convicted a man named Jitender Mohalla for his lead role in a hijack drama on a flight from Goa to Delhi in 2009. Mr Mohalla will be sentenced later today. The prosecution has asked for life imprisonment for him. Mr Mohalla and two other passengers of an Indigo flight had claimed to be armed. The crew sent a hijack alert which created a massive security

New York, October 25: Mukesh Ambani has retained his position as the world’s richest Indian for the fifth year in a row, although his net worth declined by $1.6 billion to $21 billion but remained well above that of the second-ranked Lakshmi Mittal. Steel baron Mr. Mittal’s net worth also fell by $3 billion at $16 billion, making him the second richest, as per global business magazine Forbes’

Mumbai, October 25: Ailing Shiv Sena chief Bal Thackeray on Wednesday virtually announced his retirement from public life and urged his followers to stand by his political heirs: son Uddhav and grandson Aditya. “I have collapsed physically… I can’t walk... I am tired,” said an emotional Thackeray, 86, in a video-recorded address that brought tears to the eyes of many of the Sena workers who had

New Delhi, October 25: The questions over the source of funds to Nitin Gadkari's Purti Power and Sugar Ltd have deepened, with investigations revealing that money flowed in from a multi-layered maze of companies registered all over India. A TOI report on Tuesday had mentioned some two dozen companies, many with unverifiable addresses, whose directors included Gadkari's driver and astrologer. A