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 What Is India News Service Thursday, February 22, 2007

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On the India-Pakistan frontier, a fragile peace

As Indian and Pakistani diplomats talk peace, troops at the Matkula Post stared out from their bunkers with guns at the ready, watching out for infiltrating terrorists, narcotics smugglers and signs of aggressive intent says Praveen Swami.

Make the grade

The Sarva Shiksha Abhiyan is the government’s flagship project to achieve universal education for children in the age group 6 to 14. What has spurred the project to its current priority level is the realisation that India is poised on a now-or-never.

Guarding against water wastage

The extraordinary progress in water collection, transmission, processing, storage, and supply has been off-set by an unrelenting, unsatisfied demand and scandalous wastage says Janardhan Roye.

* * *

Council to strengthen Indo-UK links
Giving a clear indication of the United Kingdom’s increasing interest in the Indian market, the city of London rolled out its advisory council.

Indian brain behind Intel’s tiny chip
Indian engineers at Intel's facility in Bangalore played a key role in the development of a fingernail-sized chip that gives supercomputer performance while using only 62 watts of electricity.

Locking horns over diabetic sweets
The Madras High Court has passed an interim order restraining Adyar Ananda Bhavan, a chain of sweetshops, from selling sweets made with fructose/levulose because it infringed on a patent held by Diabetics Dezire.

India gives cautious welcome to Palestine deal
Backing the co-existence of independent Palestine and Israel, India Tuesday gave a cautious welcome to a recent Palestinian accord for a national unity government that aims at resuming dialogue between the two hostile neighbours.

Warship raises U.S.-Iran tensions
Tensions between Iran and the Untied States have escalated following the arrival of another American aircraft carrier in the Gulf.

Look where terror funds are accumulating!
Security Advisor M K Narayanan's recent assertions that legitimate banking channels are being regularly used to fund terrorist operations has been corroborated by data on bank deposits in several backward districts.

Terror’s twisted turn
Prime Minister Manmohan Singh declared that “Pakistan is also a victim of terrorism”, that terrorism was a threat to both nations and, thus, made it incumbent on them to work together to tackle the issue says Manoj Joshi.

India must be flexible in trade talks: WTO
World Trade Organisation Director General Pascal Lamy said that India, the US and European Union must show flexibility for any progress in the Doha Round of global trade talks.

India to sign BIPA with 'Trinidad and Tobago'
India is likely to sign the Bilateral Investment Protection Act (BIPA) with Trinidad and Tobago during the visit of its Trade and Industry Minister Kenneth Valley.

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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.

US seeks India's help to crack i-flex code
The US government has approached India to help Oracle Corporation, the US-based enterprise software giant with annual revenues of around $16 billion, to increase its stake in Indian financial software solutions company i-flex.

Arcelor Mittal in race to acquire Sesa Goa
Luxembourg-based Arcelor Mittal, the world's largest steelmaker, is in the fray to acquire India's top private iron ore producer Sesa Goa for about one billion dollars.

Sahara launches care house for NRIs
Sahara India Pariwar announced its foray into the global services market targeting non-resident Indians with an aim to garner about 160 million dollars revenue in the next three years.

Le Monde debates fate of REpower over Indo-Portuguese tango with France
The battle for REpower Systems AG, Germany has gotten an ‘attractive’ offer of 126 Euros a share from Suzlon Energy and Portuguese Martifier on one hand and a a French Areva Group bid for 105 Euros.

LNM siblings seen in race for his US plant
Pramod and Vinod Mittal who run Mumbai-based Ispat Industries, are learnt to be in the running to buy a US-based tinplate plant, owned by LN Mittal-run Arcelor-Mittal.

'India Inc firm on high growth'
A survey by industry body ASSOCHAM said that a majority of India Inc believes high growth of the Indian economy will continue in the next financial year.

K-G finds are for real, says ONGC
Upstream oil major ONGC has finally responded to the objection raised by the Directorate General of Hydrocarbons (DGH) on the contentious KG basin discovery issue.

Infy eyes UK's SmartStream Technologies
Software bellwether Infosys could make a move to acquire UK-based SmartStream Technologies, which provides solutions for financial services sector, for over £100 million.

Airport modernisation: Tata, Changi finalise tie-up
The Tata Group has entered into a strategic alliance with Changi Airports International (CAI) to take up airport projects here, including the proposed modernisation of Chennai and Kolkata airports.

Shell's centre of excellence in Bangalore
Shell, which had announced the setting up of a centre of excellence in India, on Wednesday said it has decided to locate it in Bangalore.

DuPont sets up refinish training centre
E I DuPont has set up a refinish training centre targeted at car workshop and body shop outlets.

IOC shelves plan for LPG pipeline network
IndianOil has shelved its plan to set up an LPG pipeline network connecting its major refineries owing to lack of throughput.

Garnet in pact with Dubai group for Magic Hills project
Garnet Construction Ltd has entered into a three-year exclusive marketing alliance with the Sternon Group, a Dubai-based real estate developer, for global marketing of its project called Magic Hills, spanning 400 acres on the Mumbai- Pune express highway.

ICICI to bank on overseas corp funding
ICICI Bank has said that it will increase the share of revenue from international business to 25% to its overall business in the next 18 months. At present, the international business contributes 17% ($12 billion) to the bank’s revenue.



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