The Delhi High Court on Tuesday permitted Chinese cellphone maker Xiaomi and e-commerce website Flipkart to sell Xiaomi’s handsets running on technology claimed to be patented by Ericsson till February 5, as a temporary measure.
The Centre on Tuesday told the Supreme Court (SC) that it would scrap the power projects in Uttarakhand if it found any flaw with them.
Petrol and diesel prices were on Monday cut by Rs. 2 per litre each as international oil prices slumped to five-year low.
Factory output has fallen sharply and a depressing farm season this winter, along with a slump in rural wages, could prolong recovery. The drag this time could be the result of rural India not doing well.
Worries of sluggish sowing of winter crops due to a warmer-than-usual winter have eased with rains and cold conditions setting in fast, but early signs of an El Nino weather event again next year are likely to keep farmers and the government on tenterhooks.
It may not be easy to rope in a new investor to rescue the airline. SpiceJet has combined losses from 2006-07 to 2013-14 of Rs. 2,194 crore. It has incurred losses in six of the eight preceding quarters.
The United States Trade Representative has announced closure of the out-of-cycle review of India’s trade and intellectual property rights practices, noting the progress made in recent months.