Crisis-ridden BJP on Wednesday said it wants the alliance with the JD(U) to continue but not at the cost of its self-respect. The party said it had informed the JD(U) that pre-conditions like keeping Gujarat chief minister Narendra Modi away from the election campaign in Bihar was not acceptable to it.

Piramal Healthcare, which recently sold its domestic formulations business to Abbott Labs for about Rs 18,000 crore, has announced a bonus payment of up to six months’ salary to its employees.

India’s monsoon rains, vital to the trillion-dollar economy’s farm output and economic growth, were 9.4 per cent below normal for June 1-22, the Met office said on Wednesday.

Following the two-year jail sentence given to Mr Keshub Mahindra then chairman of Union Carbide India and others in the Bhopal gas case, the CII on Wednesday asked the government to insert a clause in the Companies Bill 2009 excluding independent directors from any criminal liability for offences committed by the company.

Inflation in India is spreading and the Reserve Bank of India (RBI) could raise interest rates before its scheduled policy review late next month to tame high prices, a top government official said on Wednesday.

The International Olympic Committee provided much needed relief to the Indian Olympic Association by backing the latter on the contentious tenure issue. The sports ministry were asked by the IOC’s Executive Board (EB) ‘to respect the autonomy of the Olympic Charter in India’.

The never-ending tenures of sport administrators in the country led by Indian Olympic Association president Suresh Kalmadi has been a major concern for the sports ministry for some time now. The IOA and its affiliated bodies continue to be stoic on this issue, while important matters like the development of sports is getting overlooked.

There’s still a little over a week to go before the suspended IPL commissioner fate is decided one way or the other, but the Board of Control for Cricket in India is already gearing up for life post-Lalit Modi.

President Pratibha Patil on Wednesday conferred the honorary rank of Group Captain of the Indian Air Force (equivalent to the rank of Colonel in the Army) on eminent cricketer Sachin Tendulkar.

Bihar chief minister and JD(U) leader Nitish Kumar appears to be trying to emerge as the face of a possible “third front” ahead of the 2014 Lok Sabha polls to “delink” his outfit from the “communal” BJP.