New Delhi, Oct 16 (ANI): Union Minister of Petroleum and Natural Gas Murli Deora met B.P. Sonjica, Minister for Minerals and Energy of South Africa here today.
While recalling close, historic and warm ties between India and South Africa, the two Ministers discussed ways and means to establish cooperation in the oil and gas sector between […]
Hapur (Uttar Pradesh) Aug 26 (IANS) For a while, the teenager could not believe his eyes when he checked his passbook: it showed his account balance at Rs.98,57,60,24,253. He had overnight became a billionaire - at least till the bank corrected the error.
Pushkar Agarwal, 18, had gone to the Shankar Ganj branch of State Bank […]
New Delhi/Kolkata/Chennai, Aug 24 (IANS) With gold prices remaining more or less stable at lower levels, the demand for the yellow metal in India, the world's largest gold market, has begun to pick up, traders said.
'As the gold price has dipped, demand has increased in the domestic market,' Pankaj Parekh, regional chairman of the Gem […]
New Delhi, Aug 23 (IANS) A leading Indian farmers' body has sought clarification from the British High Commission here on Prince Charles' reported criticism of India's agricultural development.
Consortium of Indian Farmers Association (CIFA) secretary general P. Chengal Reddy has written to British High Commissioner in India Richard Stagg, calling Charles' comments 'unfortunate'.
'It is unfortunate that […]
Mumbai, May 3 (IANS) India's leading multi utility vehicle maker Mahindra and Mahindra will raise additional resources through issuance of fully and compulsory convertible debentures to Golboot Holdings Limited, an entity controlled by Goldman Sachs.
The company will utilise the amount raised through the preferential offer for its auto and tractor businesses.
The company said in a […]
Ahmedabad, May 3 (IANS) Gujarat is poised to become a major auto export hub in the country with several vehicle manufacturers coming to the state to invest in its ports to set up automobile-handling terminals.
The Mundra port, developed by the Mundra Port and Special Economic Zone (MPSEZ), will have a car export terminal operational by […]
Nicosia, May 3 (ANI): John Ging, Head of the UN Relief and Works Agency in Gaza, has said that the desperate economic situation prevailing in the Gaza Strip is about to reach a point of explosion.
Ging described the humanitarian conditions in Gaza as shameful and shocking and added that the Israeli imposed closures were […]
Kolkata, May 2 (IANS) Kolkata is all set to get a hospital fully dedicated to ENT (ear-nose-throat) problems by the end of this month.
The Rs.90-million ($2.25 million) project, developed by healthcare project developer Medicare Synergie Pvt Ltd, will start functioning at Mukundapur on Eastern Metropolitan Bypass in the southern fringes of the city.
'It […]
Bangalore, May 2 (ANI/Business Wire India): Ansaldo STS (Union Switch and Signal) is delivering another technological first to India's rail network and is setting a new benchmark for rail safety with the nation's first Train Protection Warning System on the Chennai - Gummudipundi line in the Southern Railway sector of Indian Railways.
The breakthrough technology reduces […]
Kolkata, May 2 (IANS) India's largest public sector bank, the State Bank of India (SBI) posted a net profit of Rs.67.29 billion ($1.65 billion) in the year ended March 31, 2008, as compared to Rs.45.41 billion of the previous fiscal, a 48.18 percent growth.
'The net profit of the bank in Q4, 2008, also grew […]
New Delhi, May 2 (ANI): The government agencies have procured over 15 million tonne wheat yesterday as compared to 8.24 million tonne on the same day last year.
As per data collected by the Department of Food and Public Distribution, agencies have procured 15.42 million tonne wheat on May 1.
Punjab has contributed 8.29 million tonne, […]
New Delhi, May 2 (ANI): The Thirteenth Finance Commission on Friday met Chairmen and members of previous Finance Commissions at New Delhi.
Dr. Vijay Kelkar, Chairman of the Thirteenth Finance Commission, chaired the meeting. Members of the Commisison B.K. Chaturvedi, Dr. Indira Rajaraman, Prof. Atul Sarma and Dr. Sanjiv Misra were also present.
The Previous […]
New Delhi, May 2 (ANI): India had received 24.57 billion dollars in Foreign Direct Investment (FDI) during the last fiscal.
According to report, India has set a 35-billion dollars FDI target for the current fiscal.
The FDI inflows in 2007-08 saw an increase of 56.50 per cent over 15.70 billion dollars in the previous year. India, […]
Bangalore, May 2 (IANS) Global IT service firm MindTree Ltd is acquiring around 33 percent equity (1.5 million shares) in Aztecsoft Ltd for Rs.1.72 billion ($43 million) for a majority stake in the Bangalore-based software firm, the company said here Friday.
In a notification to the National Stock Exchange (NSE), the Rs.7.6 billion MindTree said it […]
New Delhi, May 2 (IANS) Leading US fighter jet manufacturer Lockheed Martin Friday announced extension of its scientific support programme in India for the next two years.
Lockheed Martin Corp's (LMC) senior vice-president and chief technology officer Ray O. Johnson said the 'India Innovation Growth Programme', which started last year, was a great success and had […]
