The government on Friday said it is planning to shut down the operation of state-owned Hindustan Insecticides Ltd's (HIL) two plants located in Kerala and Punjab due to losses incurred for the last several years.

Minister of State for Chemicals and Fertilisers Bhagwanth Khuba, in his written reply to the Lok Sabha, said: "Yes Sir", when asked if the government proposes to close down the operation of Kerala and Punjab plants of HIL.

For K Krithivasan, designated as the new chief executive officer (CEO) of Tata Consultancy Services (TCS) moving from Chennai to Mumbai seems to be a bigger challenge than taking over the helm of the $25.7 billion IT services firm.

Krithivasan, 58, is perhaps the oldest to join as CEO of the country’s largest IT services player. When N Chandrasekaran, who is now chairman of Tata Sons, took over TCS’s leadership he was 46. Rajesh Gopinathan, the company’s outgoing CEO, was 46 when he took over that role. The retirement age at TCS is 65 years.

The BJP has decided to intensify its agitation to put pressure on Delhi Chief Minister Arvind Kejriwal, whom it alleged was the mastermind of the liquor scam, to resign.

The BJP believes that Kejriwal should resign on the basis of morality, and if he does not do so, the BJP will force him to resign.

A special Delhi court has granted bail to RJD President Lalu Prasad Yadav and his family, but BJP leader and former Bihar Deputy Chief Minister Sushil Kumar Modi on Wednesday claimed that they will go to jail and no one would save them.

The special CBI court has granted bails to Lalu Prasad Yadav, former Bihar CM Rabri Devi and Rajya Sabha MP in Misa Bharti in IRCTC lands for job scam on Wednesday.

The BJP's Minority Morcha on Wednesday started a Muslim outreach programme titled 'Sufi Samvad Maha Abhiyaan' with an eye on the Lok Sabha elections next year, party sources informed.

To make the campaign successful, the BJP has put together a team of 150 non-political people to take this mega outreach effort across the length and breadth of the country. These people will be split into separate teams and will spread out across the country as part of the outreach towards the minorities, ahead of the all-important Lok Sabha elections next year.

Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities.

In a regulatory filing, DLF informed that it has "witnessed record breaking pre-formal launch sales of Rs 8,000-plus crores for its luxury high-rise residences, The Arbour".

Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones, a costly lapse that has allowed Samsung Electronics to pip the Chinese company to the top spot in the world's second biggest market for the devices.

While Xiaomi remained focused on selling mobile phones under 10,000 rupees ($120), Indian consumers were willing to pay up for better looking models with richer features.

Kishore Biyani has withdrawn his resignation from the position of executive chairman and director of Future Retail (FRL) on March 10, the company said in a stock exchange filing.

The letter was received by the by resolution professional through e-mail on Tuesday.

Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd., according to people familiar with the matter.

A veteran of two decades at the Swiss bank, Mishra has agreed to helm Axis Bank’s research department, the people said, asking not to be named as the information is private.

Pakistan's former Prime Minister and Pakistan Tehreek-e-Insaf chairman Imran Khan accused the federal government of planning his arrest saying this is all part of a "London plan" to finish all cases against the country's former premier Nawaz Sharif.

In a video message, Imran said, "This is part of the London plan and an agreement has been signed there to put Imran in jail, make the PTI fall and finish all cases against Nawaz Sharif."

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