Chennai, Apr 24 (IANS) EID Parry (India) Ltd, which is set to raise 111 million euros ($175.7 million) from a sellout deal, is planning to make huge investment in its core sugar business, seeking new opportunities in the sector. The company’s board has decided to sell 47 percent stake of its joint venture […]
New Delhi, Apr 25 (ANI): Union Home Minister Shivraj Patil will inaugurate the All India Conference of Ministers, Secretaries and Directors or Inspectors General in charge of Prisons here today.
The conference will discuss various subjects related to the management of prisons in the country, various aspects of the draft national policy […]
New Delhi, April 24 (IANS) The cabient Thursday approved setting up a 1,000 MW coal-based thermal power plant at Tuticorin in Tamil Nadu, which will meet the rising demand of the southern region. The plant would be set up by NLC Tamil Nadu Power Limited, a joint venture of the Neyveli Lignite Corporation […]
Mumbai, April 24 (IANS) Leading private carrier Jet Airways has signed a framework agreement with Bangalore International Airport Ltd (BIAL) for sub-leasing land to construct a base for maintenance and engineering facility at the new airport in the IT hub. However, the company did not divulge details regarding the agreement and the facility […]
SAN FRANCISCO: Microsoft reported that its profits slipped to 4.38 billion dollars in the first three months of the year despite revenues rising slightly to $14.45 bn.
The worlds biggest software company reported earnings of 47 […]
OTTAWA: The price of oil is likely to hit $150 (Canadian, US) a barrel by 2010 and soar to $225 a barrel by 2012 as supply becomes increasingly tight, a Canadian bank said on Thursday.
The […]
WASHINGTON: A group of US senators on Thursday threatened to block arms deals with Opec member countries if they do not boost oil output to help bring down soaring gasoline prices.
Senators Charles Schumer, Byron Dorgan, […]
BRASILIA: Brazil has temporarily halted its exports of rice to deal with a sharp price increase that is hitting domestic consumers hard, officials said.
The government said it was also digging into its 1.6-million-ton reserve of […]
LONDON: European stock markets closed mixed on Thursday in choppy trade after mostly weaker US economic data, but banks recovered from early losses sparked when Credit Suisse announced fresh major write-downs.
Dealers said the turnaround in […]
ISLAMABAD: Prime Minister Syed Yousaf Raza Gilani on Thursday stressed need for early implementation of Turkmenistan, Afghanistan, Pakistan, India gas pipeline project to usher in new era of prosperity in the region.
Speaking at meeting with […]