New Delhi, Jan 23 (IANS) British aerospace major BAE Systems has named Dean McCumiskey as its new managing director and chief executive of India operations with effect from March 2012. Dean is currently group chief information officer based in the company's London headquarters and will succeed Andrew Gallagher, who takes up new responsibilities as BAE Systems' director of audit, based in Britain. McCumiskey will be responsible for leading the next phase of BAE Systems' business development in India, where the defence, aerospace and security company directly employs around 100 people and has a growing presence through strategic investments in technology sharing and industrial partnerships, a company release said Monday
New Delhi, Jan 23 (IANS) The budget session of parliament is likely to begin from the second week of March, informed sources said Monday. The union budget for 2012-13 could be presented in the third week of March, following its postponment from the February end date in view of the state elections. The election results would be out March 6, and the Election Commission's model code of conduct will be operational till March
New Delhi, Jan 23 (IANS) A Nigerian man was arrested at the Delhi airport with 200 grams of cocaine valued at around Rs.2 crore, police said Monday. The contraband was concealed in his shoes.
New Delhi, Jan 23 (IANS) The Reserve Bank of India (RBI) should cut interest rates at its policy review Tuesday to boost industrial growth and investment as inflation had declined, Commerce and Industry Minister Anand Sharma said Monday. "We have been of the considered view in the commerce and industry ministry that the rates for the industry and investment should be lower
New Delhi, Jan 23 (IANS) The full-dress rehearsal of the Republic Day Parade left thousands of commuters in the capital stranded Monday due to traffic restrictions during peak hours, a police official said. While Delhi Traffic police had issued an advisory in the newspapers on the restricted routes, diversions were chock full and led to chaos and confusion at major junctions that were clogged with vehicles.
New Delhi, Jan 23 (IANS) Salman Rushdie, author of the controversial 'The Satanic Verses', is likely to address the Jaipur Literature Festival via video-link Tuesday, the organisers said, days after he cancelled his visit over security fears. 'We are trying to arrange a video address tomorrow (Tuesday) afternoon. But we are yet to decide on the exact time,' Sanjoy Roy, organiser of the festival and managing director of Teamwork Production, said Monday.
New Delhi, Jan 23 (IANS) Drawing parallels with late painter M.F. Husain, artist-activist group Sahmat Monday extended an invitation to Salman Rushdie, author of 'The Satanic Verses', who has had to stay away from the Jaipur Literature Festival over alleged security threats. 'We have watched with dismay the unnecessary controversy which erupted over the presence of Salman Rushdie at the Jaipur Literary Festival
New Delhi, Jan 23 (IANS) Cognitive scientist Steven Pinker, known for his radical theories about the evolution of language and violence in society, has a good word for India: the country is on the right side of the global homicide and crime scale despite the wars it has fought against Pakistan and numerous civil conflicts. 'The last statistics that I had said India had a homicide rate of 5.5. It is in the second lowest range...India has had several wars with Pakistan but they didn't compare to the Iran or Vietnam war
New Delhi, Jan 23 (IANS) Actress Soha Ali Khan, who has guarded her relationship with Kunal Khemu well so far, made a candid confession by saying that she feels reluctant to accept her mistakes, and say 'sorry', while Kunal feels possessiveness in every relationship is important. "I am very proud and find it extremely difficult to say the word 'sorry'. I usually end up arguing a lot in the bargain," Soha said while playing peacemaker between a couple for an upcoming episode of UTV Stars' "Superstar Santa".
New Delhi, Jan 23 (IANS) Expressing concern over the growing number of fashion weeks, designer Rahul Mishra, who is known for his contribution to Indian handlooms and has featured in a National Geographic documentary, says most of them lack substance and have only entertainment value. Instead, he advocates the maximum number of participants in a minimum of fashion weeks so that the desigers can remain focused. "India has seen a tremendous growth in terms of fashion market in the last 10-15 years and (the major) fashion weeks have played an immense role in this success story.