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www.whatisindia.com
 What Is India News Service Wednesday, March 14, 2007

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WTO for ending Doha talks; Govt says no

India has rejected the World Trade Organisation’s proposal to conclude the negotiations on the Doha Round by June-end.

  • Duty, quota relief for WTO minnows: Nath
    Commerce and industry minister Kamal Nath on Tuesday said that a package of duty and quota concessions is being formulated for the less developed countries (LDCs) and will be sent to the Cabinet for approval in the next two months.

  • WTO: The layers of opaqueness
    Several African countries protested during a meeting with United States Trade Representative Susan Schwab about "ayers of opaqueness."

  • Ensure Doha is decisive: expert
    A Doha Round that may take a decade to complete but is conclusive and more decisive is what world economy needs and negotiators should not let unreal deadlines hamper global trade talks, according to a leading expert from US think-tank Carnegie Endowment.

Govt may let foreign carriers buy stake in domestic airlines
The government may finally allow foreign airlines to acquire up to 26 per cent stake in domestic passenger airlines. The foreign direct investment limit in domestic carriers might also be hiked to 74 per cent from 49 per cent now.

  • Foreign airlines may ply Indian skies
    The government may finally allow foreign airlines to acquire up to 26% stake in domestic passenger airlines. The foreign direct investment limit in domestic carriers might also be hiked to 74% from 49% now.

Chinese, Indian firms plan $651mn alumina JV
China's second largest aluminium maker has got the green light for a 5-billion-yuan ($651 million) joint venture with an Indian company to produce alumina.

  • Indians, Chinese in alumina JV
    China's second largest aluminium maker has got the green light for a 5-billion-yuan ($651 million) joint venture with an Indian company to produce alumina

* * *

Clean drinking water for all by 2009
Government will make available clean drinking water to each and every human habitation by 2009, Rural Development Minister Raghuvansh Prasad Singh said today.

FM `in the dark` on PM`s minority lending letter
Finance Minister P Chidambaram today said he was in the dark about a letter from the Prime Minister’s Office (PMO) stating that 15 per cent priority sector lending should be targeted at minorities.

Waivers for India cited: Iran raps US, Israel
Without mentioning India, Iranian Foreign Minister Manouchehr Mottaki took a side swipe at New Delhi for being the beneficiary of nuclear technologies and materials without ever signing the NPT.

INSAT-4B orbit raised
The first manoeuvre to raise the orbit of India's communication satellite, INSAT-4B, was successfully executed.

"ULFA planning major strikes'"
The banned ULFA is planning strikes ahead of March 16, which it calls its "army day."

Govt extends deadline for wheat import arrivals
The government on Wednesday extended the deadline for the import of 5.5 million tonnes of wheat contracted in 2006 by the State Trading Corp. (STC) up to the end of April.

India to continue hiring spree: Survey
India is among the few countries in the world where the employers are optimistic of making new recruitments during this financial year's second quarter while the United States plans to tone down its hiring activity.

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Journals

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Inscriptions

Ancient Indian dynasties documented their administration,
significant developments, grants, and milestones as inscriptions
in temples. The Archaeological Survey of India (ASI) has documented
these inscriptions from 1886. These pages contain inscriptions from
Pallava, Chola, Pandya, Western Chalukya, Eastern Chalukya,
Rashtrakuta, Hoyasala, Vijayanagara, Vishnukundin, Kakatiya, Reddi,
Vaidumba, Chinda, Eastern Ganga, Gajapathi, Kalchurya,
Qutb-Shahi of Golkonda, and Moghul, dynasties.

Recent Editorials

Biocon subsi ties up with Bristol-Myers Squibb
Integrated biotechnology firm Biocon said its subsidiary Syngene has entered into a research partnership with global pharma major Bristol-Myers Squibb.

Coal India IPO likely this year
Coal India Ltd is expected to hit the market with its much-waited IPO before the end of the first quarter or the beginning of the second quarter of the 2007-08 fiscal.

Reliance looking for stake in Carrefour
Primed for a global footprint in the retail business, Mukesh Ambani's Reliance group is talking to French retail major Carrefour.

HP to expand BPO headcount by 20 per cent; no sell-off plans
Amid an emerging trend of multi-national companies hiving off their India offshore units, the US-based PC giant Hewlett Packard (HP) has asserted it remains committed to its BPO unit in the country.

Ranbaxy faces legal action from Pfizer
Ranbaxy faces a legal suit from Pfizer for its plans to launch a generic version of the cholesterol and blood pressure drug, Caduet.

Vodafone, Essar reach truce; deal tomorrow
Vodafone CEO Arun Sarin is to visit India tomorrow to ink a deal with Indian partner Essar on management and organisational issues.

Ranbaxy, Cipla in bids for Merck`s generic biz
Leading Indian drug makers Ranbaxy Laboratories Ltd and Cipla Ltd have submitted bids to acquire the generic drugs business, estimated to be worth $6 billion, of German pharma major Merck KGaA.

Piaggio plans Vespa’s third entry into India soon
Eight years after they went off Indian roads following Piaggio’s break-up with joint venture partner LML, Vespa scooters are set to return to the domestic market, along with Aprilia motorcycles.

ITC to invest Rs 150 cr for foray into snacks biz
ITC Ltd's Food Division said it will invest Rs 150 crore in the next two years for its foray into the snacks segment and is eyeing 25 per cent market share of the Rs 2,000 crore organised market in the next 4-5 years.

Core sector posts 8.7 per cent growth in Jan
Six core infrastructure industries posted an 8.7 per cent growth in January 2007 compared to 8.2 per cent in the same month last year.

Tata restarts talks on $3 bn B'desh investment
India's Tata Group this week tried to revive its 2-˝ year-old plan for Bangladesh's biggest inward investment, opening talks with the new Army-backed government.

Pak's DG Khan Cement eyes Indian market
Pakistan's top cement producer DG Khan Cement (DGKC) is eyeing the Indian market to sell its surplus output after a new plant starts production next month.

DuPont's Hyderabad centre a first outside US
US-based science products and services firm DuPont announced start of its first plant biotech research centre outside US in Hyderabad to develop high-yielding hybrid seeds that would help farmer improve crop productivity and profitability.

Essar, Ambani in talks to buy Iran LNG
India's Essar Group and the Anil Ambani group are in talks to buy liquefied natural gas from Iran even as the Indian government seeks the honouring of its LNG import deal with the Islamic nation.

Sun, NIIT partner for Solaris training
Sun Microsystems and NIIT have forged a partnership to offer training in open source computing through Sun Solaris training programmes.

Malaysia's govt arm buys 9% in IDFC
The investment holding arm of the Malaysian government, Khazanah Nasional Berhad, has acquired 8.97 per cent stake in Infrastructure Development Finance Company (IDFC), a specialised financial intermediary for infrastructure, for Rs 848.16 crore.

 

 

 
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