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US workers search ship suspected of carrying stowaways

United States dock workers on Thursday thoroughly searched containers aboard a cargo ship at a New Jersey port where the vessel arrived after loading freight in India, Pakistan and Egypt, fearing......

Diarrhoea, skin disease stalk Aila victims

More than 50 days after Cyclone Aila tore through West Bengal causing deaths and devastation in a large swathe of the Sunderbans delta, the victims are still suffering from acute diarrhoea and skin......

Investors pin hope on govt support amid under-recoveries of BPCL, HPCL

The market responded positively to the Q1 results of oil marketing companies (OMCs), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) despite numbers being weaker than......

After 17 years of toil, India is finally ready for tryst with semiconductors

The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Photograph: Kim Kyung-Hoon/Reuters Taiwan, South Korea, and China control nearly 70 per cent......

Discount vs traditional brokers: Cost dynamics, challenges ahead

Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back. Photograph: Arko Datta/Reuters The equity cult has grown at a rapid......

New era of Indian equity outperformance is dawning: Morgan Stanley

A new era of Indian equity market outperformance compared to China “appears to be dawning”, according to Morgan Stanley. Illustration: Uttam Ghosh/Rediff.com The firm has upgraded......

How India stands to gain from global diesel shortage

State-owned refiners stand to gain from surging European demand for diesel as winter sets in and natural gas supplies from Russia are set to dwindle. S Dinakar reports. Photograph: Mukesh......

Point eludes Chandhok in Belgium

Karun Chandhok came all the way from the rear of the grid only to finish seventh, just outside the points, in the GP2 race on Sunday. The Ocean Racing Technology driver had earlier retired from......

Podium finish for Karun at British GP

Karun Chandhok drove an amazing race to finish third at the British Grand Prix and secure Ocean Racing Technology's (ORT) first podium finish in the GP2 series in Silverstone on Sunday. The......

Chandhok signs with ORT for 2009

Ocean Racing Technology (ORT)secured a top driver contract for the GP2 Main Series with Indian driver Karun Chandhok joining forces with the Portuguese team, making him the first driver confirmed......

Anand draws with Kramnik

After a hat-trick of victories, World Rapid champion Viswanathan Anand drew with Braingames champion Vladimir Kramnik of Russia in the eighth round of the Corus chess tournament in Wijk Aan Zee,......

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