India's industry output grows 5% in Feb, fastest in 3 months 15/04/2015 6:01 am K.K. Joseph India's industrial output grew 5% in February, the fastest pace of expansion in three months on the back of an improving manufacturing sector and robust growth in electricity and capital goods sector.
Modi launches Mudra bank for small firms 15/04/2015 6:01 am K.K. Joseph Indian Prime Minister Narendra Modi last week launched a bank with a corpus of Rs 200 billion to extend credit of up to Rs 1000,000 to small businesses and regulate micro-finance institutions, to promote their growth, add to the country's output and create jobs.
Satyam founder Raju, 9 others jailed for 7 years 15/04/2015 6:01 am K.K. Joseph B Ramalinga Raju has been sentenced to seven years in jail in the multi-million Satyam Computer Services Ltd (SCSL) accounting fraud case, by a special Central Bureau of Investigation (CBI) court in Hyderabad.
