Greece referendum on bailout ‘not on radar screen’, Varoufakis says

News4u-News Desk-Greek Finance Minister Yanis Varoufakis said on Monday that a referendum on Greece’s bailout is not planned for the time being, saying that the country’s liquidity situation is a more pressing matter. He said differences with creditors are narrowing on VAT reform, privatisation and non-performing loans, but that labour reform was still a difficult [...]

Softbank’s Arora says no rush to sell Alibaba stake

News4u-Business Desk-SoftBank’s Chief Executive Masayoshi Son is not in a rush to sell the company’s stake in Chinese e-commerce giant Alibaba Group Holding Ltd as the billionaire is confident in the company’s growth, SoftBank Vice Chairman Nikesh Arora told Reuters on Monday in an interview. “Post his board meetings he’s never been more confident in [...]

Convicts in Satyam Computers accounting fraud case get bail

News4u-News Desk-Convicts in the multi-crore rupee Satyam Computers accounting fraud case get bail from the Hyderabad Sessions court on Monday and appellate Court also suspends their 7-year rigorous imprisonment including that of the main convict Ramalinga Raju. Hyderabad court Monday granted bail to all 10 convicts in Satyam Computers multi-crore rupees fraud including its founder [...]

National Technology Day being observed; PM greets nation

News4u-News Desk-National Technology Day is being celebrated today. The day commemorates the anniversary of Shakti, the Pokhran nuclear test, conducted on May 11, 1998. The day glorifies the importance of science in day-to-day life and motivates students to adopt science as a career option.to honour technological innovations and their successful commercialization. Prime Minister Narendra Modi [...]

India post now available as app on android

News4u-News Desk- Now post office is just an app away. India post app is now available on android platform. To cash in on growing online shopping trend, India Post Delhi circle has started its e-commerce centre. The centre is capable of handling 30,000 parcels or articles per day and parcels collected from the e-commerce customers, [...]

colored images of Pluto released by NASA

News4u-News Desk- NASA has released a new image taken by spacecraft New Horizons which is nearing Pluto. On July 14, NASA’s probe is expected to fly within 10,000 km of the dwarf planet after a nine-year journey. During the briefing, scientists showed the probe’s first color photos of Pluto and its moon Charon. No spacecraft [...]

Pranab Mukherjee inaugurates ‘Namaste Russia’ in Moscow

News4u-News Desk-President Pranab Mukherjee inaugurated Namaste Russia, a festival of Indian culture, in Moscow on Saturday on the last leg of his tour to Russia. Inaugurating the festival, the President said, it is cultural bonds that build solid bridges of friendship and understanding between peoples and countries. President who is Moscow on a four day [...]

Amma is Back; acquitted in DA case

News4u-News Desk-Celebrations broke out outside Jayalalithaa’s residence, the Karnataka High Court, AIADMK office and even in the Parliament as AIADMK supremo and former Tamil Nadu chief minister J Jayalalithaa scored a sensational legal victory on Monday. The Karnataka high court acquitted her of all corruption charges in the 19 year old Rs 66.65-crore disproportionate assets [...]

RS passes India-Bangladesh land boundary agreement act

News4u-News Desk-The 119th constitutional amendment bill on India-Bangladesh Land Boundary Agreement was passed in the Rajya Sabha. Parliament went through the process of passing the bill as the earlier version approved by the two Houses has some drafting errors. Meanwhile, Rajya Sabha got off on a stormy note with the opposition raising an uproar demanding [...]

Monsoon may hit Kerala on 1st June

News4u-News Desk-Monsoon is expected to arrive on time this year, hitting Kerala on 1st of next month. As per IMD, the normal date for monsoon onset on the southern coast is 1st of June and as of now there is no possibility of delay in the arrival of monsoon. However, the south west monsoon is [...]