[wanabidii] Top Headlines: Direct purchase of 36 fighters will alter original Rafale deal

Daily Newsletter | Saturday, April 11, 2015

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Direct purchase of 36 fighters will alter original Rafale deal

India will now negotiate direct purchase of 36 Rafale jets from France through a government-to-government deal worth around $4 billion, without any "Make in India" or technology transfer component, to meet IAF's urgent "critical operational necessity" for new fighters.

Greenpeace’s leaky wallet got Centre’s goat

The home ministry’s inspection report on Greenpeace India Society cites its protest-creation activity through front organizations, expenditure on securing bail bonds for volunteers and staff without the donor’s consent and the “unjustifiably large” amounts paid as salaries and consultation fees to its functionaries to allege that its “activities were neither charitable nor in line with its Articles of Association”.

Raju doesn't want TV, reads case papers in jail

Ramalinga Raju and his brother Rama Raju had an unusual request for the Cherlapalli central prison authorities on Friday. Shift us to barracks where there is no television set, they pleaded.

CITIES

NCR auto fares hiked to match Delhi rates

The Uttar Pradesh government issued an order on Friday, bringing auto fares in NCR on a par with that in Delhi.

Mumbai's Gloria Church may lose its British-era railing

Parishioners of the heritage Gloria Church at Byculla are shocked that the structure has not been marked in the draft Development Plan 2034, and a road widening project has been proposed around it

Man gets double life term for raping daughters

A 36-year-old man was sentenced to double life term on Friday for raping his 12-year-old daughter and 17-year-old step-daughter in 2013.

TECH

10 useful Android apps not available for iPhone

Here are some of the best free options in Google Play

Flipkart now paying million-dollar salaries

Flipkart is paying million dollar-plus salaries along with stock options to top talent expert it has poached from marquee global firms

TechM the big winner in the Satyam saga

It was touted as the classic case of a poor groom walking away with a rich distressed bride and a fat dowry, a match that caused considerable heartburn to the bride's side.

SPORTS

IPL 2015: Faulkner leads Rajasthan to victory against Punjab

Rajasthan defeated last season's runners-up KXIP by 26 runs in their opening match of the Indian Premier League's eighth edition on Friday.

A balanced team gives us license to play more freely: Kohli

RCB skipper Virat Kohli sent out a warning to rivals, saying his team is the most balanced side now which will give them the license to play more freely.

RR player approached to fix IPL game by Ranji teammate: Report

A Rajasthan Royals player was approached with an offer of money for spot-fixing, clearly showing that attempts to fix matches are still prevalent in IPL.

BUSINESS

RBI seeks Libor-like rate, full rupee convertibility

Reserve Bank of India (RBI) governor Raghuram Rajan once again broached the issue of capital account convertibility (CAC), stating that it was a goal that the central bank hoped to achieve in a few years.

Govt sets global financial hub rolling

The Central government has paved the way for financial institutions to set up international operations in Gujarat’s GIFT City by notifying the area as an International Financial Services Centre (IFSC) and unveiling the norms for the financial hub.

Apple looks at increasing investments in India

Apple, the world’s biggest electronics maker, has its eyes set on India. At a time when the company is working up aggressive sales targets for the market and multiplying its distribution network exponentially, the company on Friday came calling at the government’s doors, expressing willingness to up its commitment and investments.