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| Unique Visitors: 0 |
| Total Unique Visitors: 0 |
| Visitors Out: 1180 |
| Total Visitors Out: 1180 |
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| Mahindra Joins MacDonald Motorsports Team |
| 2008-02-22 23:04:25 |
Mahindra USA, the leader in affordable, high-quality farm equipment, is proud to announce a new partnership with the MacDonald Motorsports race team. Under the new agreement, driver DJ Kennington’s car #81 will feature the Mahindra logo on its hood and side panels at NASCAR races at the California Speedway, Atlanta Speedway and Texas Motor Speedway [...]...
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| IATA Countdown to Last Paper Ticket |
| 2008-02-22 00:41:44 |
The International Air Transport Association (IATA) today began an important countdown—100 days to 100% e-ticketing. “In 100 days the paper ticket gets put in a museum. On June 1, 2008 we will achieve 100% electronic ticketing,” said Giovanni Bisignani, IATA’s Director General and CEO.
IATA began the drive to 100% e-ticketing as part of its [...]...
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| Alstom in India Wins Export Orders worth Rs 592 crore |
| 2008-02-21 04:54:48 |
Alstom in India today announced the bagging of two export orders worth Rs 242 crores for “Fujairah Independent Water and Power Plant’ at Fujairah, UAE and Hydro order worth Rs 350 crores for Bujagali Hydro Electric Power Station at Jinja in Uganda, respectively.
The Heat Recovery Steam Generator (HRSG) order is for ‘Fujairah Independent Water and [...]...
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| Managing safety in fast growing civil aviation in India |
| 2008-02-19 01:12:02 |
There has been exponential growth in the Indian Civil Aviation Sector in the recent past. The domestic passenger traffic grew from 32.67 million in 2006 to 43.29 million in 2007 registering a growth of 32.15%. This is very significant considering. There was a very high growth of 46% last year. There are 13 schedule airlines [...]...
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| India and Bangladesh signed revised MOU on air services agreement |
| 2008-02-14 07:54:32 |
With a view to have detailed discussions in matters relating to the air services between the two countries, India and Bangladesh delegations held bilateral air services consultations on 11-13 February, 2008 in New Delhi.
After detailed discussions both sides reached an agreement and an MOU was signed between the two sides. Both sides have agreed to [...]...
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| Fancy returns in EMEs may loose some sheen in 2008, says ASSOCHAM |
| 2008-01-15 01:42:13 |
While Indian stock market provided second highest returns after China to investors in 2007, among emerging Asian markets, investment returns on stocks in year 2008 are not expected to remain as “fancy” as in the past, according to ASSOCHAM Eco Pulse Study.
Although the boom period is expected to continue in the EMEs, the causes attributed [...]...
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| 42 Member Indo-UK Advisory Group To Be Launched |
| 2008-01-15 01:41:09 |
Chairman, Cobra Beer of UK, Lord Karan Bilimoria, who is currently leading a 40 member business delegation to India on Monday disclosed that the British Prime Minister during his forthcoming visit would announce formation of Indo-UK Advisory Group to further enhance bilateral ties between India and UK.
Speaking at a function organized by Indo-UK Business Forum [...]...
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| Demand for Indian locomotives in world market |
| 2008-01-15 01:37:35 |
Indian Railways have exported four numbers of 2300 HP metre gauge diesel electric locomotives, one to Senegal and three to Mali, through RITES recently. In a stiff bidding, Diesel Locomotive Works (DLW), a production unit of Indian Railways, had grabbed an export order for four numbers of locomotives for these countries. DLW has executed this [...]...
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| Telecommunications Spurting Indian Economic Growth |
| 2008-01-11 20:26:12 |
The telecom revolution has contributed enormously to the increased efficiency in the economy. It has reduced transaction costs and has increased connectivity across the length and breadth of our vast subcontinent. It has brought us closer to each other. Today, India has emerged as a major base for the telecom industry worldwide and it is [...]...
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| India Aviation 2008 |
| 2008-01-11 07:05:33 |
The International Exhibition and Conference on Civil Aviation “India Aviation 2008” was opened today. ndia Aviation 2008 will be the first international exhibition of its kind in India on the Indian civil aviation sector. The exhibition is being organized by the Ministry of Civil Aviation, Government of India jointly with the Federation of Indian Chambers [...]...
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| Five fold increase in FDI to India from 2004 to 2007 |
| 2008-01-07 03:58:34 |
Consequent to irreversible trend started by P.V. Narsimha Rao, former Prime Minister of India, in 1990’s, FDI equity inflows have registered a phenomenal upswing. FDI inflows have gone up from US $ 2.2 billion in 2003-04 to US $ 15.7 billion in 2006-07; a five-fold increase in FDI inflows during the last 3 years. [...]...
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| 4 Special Economic Zones get in principle approvals |
| 2008-01-03 00:36:20 |
The Board of Approval of the Special Economic Zones (SEZs) met on 2nd January 2008 to consider proposals for setting up of Special Economic Zones and also approve other miscellaneous requests pertaining to SEZs.
Addressing the Board of Approval members, the Chairman informed that so far formal approvals have been granted for setting up of 404 [...]...
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| India talks to Myanmar on need for political reforms and national reconciliation |
| 2008-01-02 22:25:42 |
H.E. U. Nyan Win, Myanmar Foreign Minister briefed the Indian Prime Minister on the recent internal developments in Myanmar. Emphasizing the importance of our multi-faceted relations with Myanmar, Prime Minister expressed his satisfaction at the growing bilateral relations between the two countries. He stressed the need for greater urgency in bringing about political reforms and [...]...
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| Indians not targeted in kenya, says External Affairs Ministry |
| 2008-01-02 22:17:56 |
Indian External Affairs Ministry release said:
We have a report from our High Commission in Kenya. The sense of the report is:
1) There are no reports that we have got of any person of Indian origin being subjected to any violence or being physically harmed;
2) This violence is not targeting the Asian community broadly speaking [...]...
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| Employment Scenario in India |
| 2008-01-02 20:47:38 |
Employment generation is one of the major priorities drawing the attention of the governments and economic planners all over the world. India is no exception.
The approach to tackling unemployment problem have varied from time to time. In the initial years of planning no attempt was made to define an independent employment strategy. The [...]...
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| Overseas Citizenship of India |
| 2008-01-02 00:58:02 |
The Overseas Citizenship of India (OCI) Scheme was operationalized on 2nd December 2005 and formally launched by the Prime Minister during the Pravasi Bhartiya Diwas, 2006 at Hyderabad on 7th January 2006. The scheme has generated enthusiastic response and so far as on 1st January 2008, more than 1,99,500 OCI certificates have been [...]...
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| Indian exports up by 26.82% between Apr - Nov 07 |
| 2008-01-01 06:52:55 |
India’s exports during November 2007 were valued at US $ 12425.11 million, which was 26.82% higher than the level of US $ 9797.67 million during November 2006. In rupee terms, exports touched Rs. 49000.16 crore, which was 11.51 % higher than the value of exports during November 2006. Cumulative value of exports for the period [...]...
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| Year 2007 witnessed impressive achievements in Indian tourism sector |
| 2007-12-31 02:34:19 |
India witnessed encouraging trends in tourism sector with foreign tourist arrivals registering a growth of 12.7% and foreign exchange earnings (in dollar terms) which were Us$ 9.16 billion(till October 2007), a growth of 17.72% over the corresponding period in the previous year. The foreign tourist arrival during the year upto October, 2007 was 3.89 million. [...]...
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| Steel Production Expected To Touch 55.5 Million Tonnes In FY 08 |
| 2007-12-27 02:53:02 |
Led by robust domestic demand the steel sector in the country has been witnessing extraordinary growth, making India the fifth largest crude steel producer in the world as against 8th position held three years back. Production of finished carbon has increased from 35.41 million tonnes in 2002-03 to 49.58 million tonnes in 2006 -07. During [...]...
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| IFFCO to invest 100 million $ in Senegal’s Industries Chimiques de Senegal |
| 2007-12-24 03:40:53 |
The Indian Farmers Fertilizer Cooperative (IFFCO) has signed a Memorandum of Understanding with the Senegal Government for revival of 6.6 lakh tonne capacity Phosphoric acid plant in Senegal. The Industries Chimiques de Senegal(ICS) is a joint venture company with Government of India holding 6.97 per cent , IFFCO 19.1 per cent and Government of Senegal [...]...
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| Air India to join Star Alliance, membership approved |
| 2007-12-21 07:04:50 |
At their annual Board Meeting, the CEO’s of the Star Alliance member airlines have today voted to accept the application of Air India to become a future member of the alliance. Glenn Tilton, Chairman and CEO of United Airlines, in his capacity as the Chairman of Meeting said: “India has long been on the [...]...
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| Policies to boost investment in petrochemical sector |
| 2007-12-21 05:11:59 |
In a major move to boost investment in the Petrochemical Sector, India came up with the National Policy on Petrochemicals and the Petroleum, Chemical and Petrochemical Investment Regions.
PCPIR Policy
The Petroleum, Chemical and Petrochemical Investment Regions (PCPIR) policy released on 8th May, 2007 envisages establishment of investment regions with world-class infrastructure with both center and states [...]...
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| India-Singapore Comprehensive Economic Cooperation Agreement |
| 2007-12-21 02:10:27 |
The Government of India and Government of Singapore have signed a Protocol to amend the India-Singapore Comprehensive Economic Cooperation Agreement (CECA) to expand the tariff liberalization package within the Trade in Goods Chapter here today. To enhance bilateral trade and to strengthen economic relations in various fields, the Comprehensive Economic Cooperation Agreement (CECA) between India [...]...
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| India Hong-Kong sign revised bilateral air services agreement |
| 2007-12-19 02:59:36 |
The long-standing deadlock on the issue of bilateral traffic rights between India and Hong Kong was broken with the two sides arriving at an agreement after prolonged discussions held at New Delhi on 17-18 December, 2007. The Indian delegation was led by Shri R.K. Singh, Joint Secretary in the Ministry of Civil Aviation while the [...]...
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| The London Business School Kicks of its Annual India Trip |
| 2007-12-14 02:46:24 |
A topic often discussed in India is the rural-urban divide and how the two economies of the country are increasingly growing apart. The popular belief remains that urban India is growing at the cost of rural India. The reality is that over the past two decades rural India has grown significantly faster than urban India [...]...
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| New IATA Financial Forecast Predicts 2008 Downturn |
| 2007-12-14 01:21:32 |
The International Air Transport Association (IATA) released a new industry financial forecast estimating a global industry profit of US$5.6 billion in 2007 falling to US$5.0 billion in 2008.The outlook is unchanged for 2007 at US$5.6 billion. Higher oil prices (full-year average forecast of US$73 per barrel) were offset by strong traffic growth (5.9% for passenger [...]...
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| IATA Launches Information Portal For Travellers |
| 2007-12-13 04:57:23 |
The International Air Transport Association (IATA) launched the IATA Travel Centre at www.iatatravelcentre.com. The IATA Travel Centre provides passport, visa and health information necessary for air travellers.
“This responds to the consumer demand for self-service by giving travellers easy access to helpful and accurate information about the essentials of travel—from what documents are required to what [...]...
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| Finger scans required for all UK visa applicants from tomorrow |
| 2007-12-11 10:18:34 |
With effect from tomorrow (12 December), biometric data collection will be introduced as an integral part of the UK visa application process in India. This means applicants will need to attend a VFS Visa Application Centre where trained staff will take finger scans and a digital photograph....
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| Royalty rates on Oil and Gas |
| 2007-12-07 00:52:00 |
The Indian Minister of Petroleum & Natural Gas has said that the Government can review the royalty rates from time to time and shall not fix the royalty rate in respect of any mineral oil so as to exceed 20% of sale price of the mineral oil at the oilfields or the oil well-head as [...]...
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| India to introduce E-Passport system |
| 2007-12-06 03:01:56 |
India has decided to introduce e-passports, also known as bio-metric passports, initially for diplomats and officials as a pilot project by the middle of 2008. Based on the experience gained from this pilot project, it is proposed to start issuance of e-passports in the ordinary category.
Incorporation of bio-metrics in the passports will make them more [...]...
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| GAIL - RIL sign MoU to set up petrochemical plants globall |
| 2007-12-05 21:29:56 |
Reliance Industries Limited (RIL) and GAIL (India) Limited today signed a Memorandum of Understanding (MoU) for Joint Co-operation in Petrochemicals. The MoU was signed in Mumbai by Shri A K Purwaha, Director (Business Development), GAIL and Shri Nikhil Meswani, Executive Director, RIL in the presence of Dr. U.D. Choubey, Chairman and Managing Director, GAIL and [...]...
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| INTER-ISLAND CONNECTIVITY IN LAKSHADWEEP AND ANDANMAN & NICOBAR |
| 2007-12-05 04:55:48 |
Presently, the inter-island connectivity in the Union Territory of Lakshadweep is maintained with 2×100 passenger vessels. The 5 vessels operating in the island-mainland sector are also being utilized for inter-island connectivity during the voyage. During monsoon period from May to September all fair-weather and inter-island vessels are withdrawn from service and hence the inter-island passengers [...]...
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| Modernisation of Indian ports |
| 2007-12-05 04:55:08 |
Modernisation of the 12 Major Ports which are under the control of the Central Government is an on-going process keeping in view the demands of maritime trade. Under the National Maritime Development Programme (NMDP) launched in December, 2005, a total of 276 projects have been identified in the Major Ports to be taken up for [...]...
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| Patent filings in India |
| 2007-12-05 03:02:56 |
The total number of patent filings by residents in India per million population was 3.40 in 2004-05 as compared to the world average of 250.72 worked out on the basis of the world population (6377.6 million) as per data given in the State of World Population 2004: United Nations Population Fund Report and the number [...]...
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