Illegal construction being removed at Rane's bungalow

The removal of unauthorised construction at Union minister Narayan Rane's bungalow in Mumbai's Juhu area started on Thursday, a civic official confirmed. IMAGE: Union Minister Narayan Rane's......

Patra Chawl scam: No proof against Raut, claims lawyer; bail hearing on Oct 10

There was no evidence on record to link Shiv Sena Rajya Sabha MP Sanjay Raut to alleged irregularities in the redevelopment of Patra Chawl in suburban Mumbai, his lawyer on Tuesday told a special......

SC rejects plea against demolition order on Narayan Rane's Juhu bungalow

The Supreme Court on Monday dismissed a plea challenging the Bombay high court verdict that directed the Mumbai civic body to demolish the unauthorised construction at Union minister Narayan Rane's......

ED issues fresh summons to Raut as he sought more time to appear

Amid the ongoing political drama in Maharashtra, the Enforcement Directorate has issued a fresh summons to Rajya Sabha member Sanjay Raut, a loyalist of Chief Minister Uddhav Thackeray and the most......

Banks' valuation discount to Sensex hits 10-year high

Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indices. Photograph: Danish Siddiqui/Reuters The BSE Bankex index, which tracks the......

Earnings-equity valuation gap of Indian IT companies widens

The combined net profit of TCS, Infosys, Wipro, and HCL Technologies was down 1.5 per cent year-on-year (Y-o-Y) in the December quarter. Illustration: Dominic Xavier/Rediff.com The Nifty IT index......

Adani slips to No 30, group stocks lose Rs 12 lk cr in 1 month

Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own......

Retail inflation at 15-month low of 4.59% in December

Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It......

Afridi emerges the Most Valuable Player

It was always going to be a toss-up between Tillakaratne Dilshan and Shahid Afridi. Dilshan's duck, and another brilliant allround performance by Afridi, tilted the scales in favour of the......

WT20 MVP: Indians just not there

You have to search really hard to find names of Indian players in the list of the "most valuable players" so far in the ICC World Twenty20. Yuvraj Singh is at the sixth position... but then there's......

Gilchrist is IPL's most valuable player

Adam Gilchrist is IPL 2009's most valuable player. If his batting, bowling and fielding performance is expressed only in terms of 'runs', he is seen to have scored a staggering 753 runs. And we......

Raina heads the most valuable players' list

Shane Watson was the most valuable player of IPL 2008. Who will it be this time? Any of the top five ranked players has a chance, with Suresh Raina being the current favourite. With the IPL league......

More paisa vasool this year, or less?

Sanath Jayasuriya? He was much better last year, even though he hasn't batted too badly this year. Jacques Kallis? He's certainly looking better this year, perhaps because he's playing at home.......