Kolkata, May 6 (IANS) Haldia Petrochemicals Ltd (HPL) Tuesday acquired Larsen and Toubro’s 51 percent stake in HPL Cogeneration Limited (HPLCL) for Rs.1.80 billion, getting full ownership of the firm that was set up as a joint venture in 1998. HPL managing director S.K. Bhowmik said: “Earlier L&T had 51 percent and HPL had […]
Mumbai, May 6 (IANS) The retail food sector in India is expected to grow from the current $70 billion to $150 billion by 2025, according to consultancy firm McKinsey & Co. Speaking at the inaugural session of the two-day India Food Vision 2020, which opened here Tuesday, McKinsey & Co principal Ireena Vittal said […]
Chennai, May 6 (IANS) Hinduja Foundries Limited, formerly known as Ennore Foundries Limited, will pay equity dividend after a gap of 10 years. “The board has proposed 20 percent dividend for the year 2007-08. It was in 1996-97 the company paid dividend to its equity shareholders,” managing director V. Mahadevan told reporters, announcing the […]
Mumbai, May 6 (IANS) Leading cellular service provider Vodafone Essar Tuesday slashed roaming charges and the rates for long-distance calls. With the new reduced tariffs, customers will be able to make STD calls at Rs.1.30 per minute to any destination within India on both pre- and post-paid schemes, a company press release stated.
Roaming […]
New Delhi, May 6 (IANS) The Supreme Court, hearing arguments on the Ram Setu and a shipping canal project, Tuesday wondered if religious beliefs should be allowed to impede modernisation and development of the country. Its observation came as lawyers argued before it that the dredging of the Ram Setu to develop a shorter […]
Washington, May 6 (ANI): A new study has found that long-term, exclusive breastfeeding boosts childrens cognitive development.
In a study of 17,046 children, the team found that breastfeeding exclusively during the first year of life was associated with an increase in a child’s intelligence by first grade.
Previous studies have reported that children and adults who […]
By P.S. Anantharaman Ahmedabad, May 6 (IANS) Indian salt is becoming uncompetitive in the global market due to the rising cost of transport even as Australian exports are on the increase, says an industry representative. “The transport cost has increased. Fuel prices have trebled in the last decade. A hundred percent increase in ship […]
Washington, May 6 (ANI): A new twins study by researchers at Radboud University Nijmegen have suggested that genes and the environment contribute differently to drinking among young adolescents.
The study demonstrated that genetic factors appear to be involved in the early initiation of alcohol use, while common environmental factors become involved once alcohol use has […]
New Delhi, May 6 (ANI): The United Progressive Alliance (UPA) and the Left Parties will meet today to discuss the Congress-led Government’s negotiations with the International Atomic Energy Agency (IAEA) pertaining to Indo-US civil nuclear deal. On Monday Prime Minister Manmohan Singh said his government is ready to discuss any matter that the supporting […]
Mumbai, May 6 (ANI - Business Wire India): Citi India’s Global Consumer Group today announced the appointment of Sandeep Bhalla as Head of Credit Cards for Citibank India. A senior consumer financial services executive with a strong background in both consumer assets and retail businesses, Bhalla, who has been with Citi for six years, […]