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Business

    L&T signs pact with GE Hitachi for nuclear plants

    Mumbai, May 19 (IANS) Diversified conglomerate Larsen and Toubro (L&T) has signed a pact with the US-based GE Hitachi Nuclear Energy to build boiling water reactors for nuclear power plants, the company said Tuesday.

    L&T had earlier signed similar pacts with Westinghouse Electric of the US, Atomic Energy of Canada and Atomstroyexport of Russia.


    Punjabi films attract budding singers

    By Sumit Khanna
    Jalandhar, May 19 (ANI): Punjabi singers Gurdas Mann and Harbhajan Mann’s success is not just inspiring many youngsters towards singing but also instilling a feeling to take to acting world in Punjabi cinema.
    Since Roshan Prince of Jalandhar won a music reality show award – `Awwaj Punjab De’ – he has become a famous singer in Punjab. The good-looking singer has turned his attention to acting.
    He has got his first break in Narinder Syaal’s romantic Punjabi film–`Lagda Ishq Ho Gaya’–in which he plays the lead role. Punjabi film producers now prefer popular singers as actors as the films stand to gain from their fan following. “Producers believe that the singers already have many fans and their presence in the film in lead role will make the film a hit. They are correct to an extent but I feel the new actors should enter Punjabi cinema after having proper training in acting. Then they will be very good actors. Singers like Harbhajan Mann, Gurdas Mann are already famous world over for their singing and they have got recognition as actors because of their hard work,” said Roshan Prince, singer-turned-actor.
    The 600,000-dollar budget film `Lagda Ishq Ho Gaya’ will soon hit the screens the world over. In the film, Roshan Prince has sung most of the songs in `Lagda Ishq Ho Gaya’ much like Gurdas Maan and Harbhajan Maan, who sing their own songs in their films. Since taking interest in acting in various music videos, the upcoming Punjabi singers have familiarised themselves with cameras. They say it’s helping them in their new roles as actors.“The reason for taking singers in the film is not only because of their profession but it also depends on the characters in the film. I was making a romantic film and when I saw Roshan Prince’s music video on channel MH1, I felt he suited the role of a lover boy in my film. Moreover, he is a singer, so it’s an extra benefit for us that he is well-known. And also having done lots of videos, the singer is no longer camera shy,” said Film Director Sukhminder Dhanjal.

India should lead like a rising power: NYT

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

Washington, May 19 (IANS) Armed with a stable people’s mandate, India should exercise the kind of regional and global leadership expected of a rising power now and find a way to resolve tensions with Pakistan over Kashmir, the New York Times suggested Tuesday.



LG to launch 31 energy-efficient TV models in India

May 19th, 2009 | By Sindh Today | Category: Biz-Tech, Business, UnCat

New Delhi, May 19 (IANS) Global electronics manufacturer LG is planning to launch 31 new models in the star-rated colour television (CTV) category by 2009-end, a top official said Tuesday.

“Even though the industry is witnessing 4 percent category growth, we are looking forward to achieve 7 percent growth by 2009-end,” said Amitabh Tiwari, business group marketing head of LG India.



Palin sought alliance with Hilary

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

Washington, May 19 (ANI): A Democratic donor and Sarah Palin’s friend has tried to forge an alliance between the Alaska Governor and US Secretary of State Hilary Clinton.



Maruti Suzuki plans to export 1.3 lakh units this fiscal

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

Chennai, May 19 (IANS) India’s largest car maker Maruti Suzuki, with a turnover of almost Rs.20,500 crore, is hoping to nearly double its exports this fiscal, said a company official here Tuesday.

“Our export target for the current year is 130,000 units that will include A-Star, Maruti 800, Estilo, and Swift models,” marketing and sales executive officer Mayank Pareek told reporters at the launch of the company’s hatchback model Ritz.



Mandate comes with rising expectations: PM

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

New Delhi, May 19 (IANS) The huge mandate to the Congress came with the challenge of “rising expectations” and people, especially the youth, would not tolerate a “business as usual” attitude, Prime Minister Manmohan Singh said Tuesday.

Addressing his party’s newly elected MPs, the prime minister said: “The youth of India have voted in large numbers for our party. But it is in the nature of youth to be impatient. They will not tolerate ‘business as usual’ (attitude).”



Sai Info ties up with BSNL to launch video telephony

May 19th, 2009 | By Sindh Today | Category: Business

Ahmedabad, May 19 (IANS) IT solutions major Sai Infosystems India Tuesday launched voice-and-video facility on BSNL broadband service in the city.

Launching the service, Sunil Kakkar, chairman and managing director of Sai Info, said video communication has a huge business potential to be tapped.



Markets in consolidation mode (Second Lead)

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

Mumbai, May 19 (IANS) Indian equities markets were in consolidation mode about an hour before close Tuesday, with a key index slipping from the day’s highs to hold about 111 points above its last closing figure.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 14,757.82 points, was ruling 134.3 points or 0.94 percent higher at 14,418.51 points. It closed at 14,284.21 points Monday.



Sensex turns volatile as profit booking sets in

May 19th, 2009 | By Sindh Today | Category: Business, UnCat

Mumbai, May 19 (ANI): Following a comfortable victory of the Congress-led United Progressive Alliance (UPA), Bombay Stock Exchange Benchmark Sensex was trading two percent higher on Tuesday.