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 What Is India News Service Thursday, March 15, 2007

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Iran Stalemate Intensifies With More Sanctions

So called permanent U.N. powers and Germany, weary of Iran's hardening position on its nuclear program, agreed "in principle" on a new set of sanctions on Tehran for continuing to defy world demands to abandon its enrichment program.

India toughens Pak policy

India today significantly toughened its Pakistan policy and signaled that it would brook no compromises or delays on the terrorism front.

  • Suicide bombers’ new target: Pakistan
    in recent weeks the suicide bombers have turned on Pakistan itself, carrying out six attacks and killing 35 people.

  • Officers in dock after terrorists’ confession
    Corruption in the ranks of civil defence services is under focus following the confession of three terrorists from the Lashkar-e-Toiba that they had paid off patrolling officers from the Coast Guard.

  • Second round of Pak-US talks postponed
    The USA has once again put off the second round of its broad-based strategic dialogue with Pakistan,slated to be held here this month, amid reports that Washington is pressuring Islamabad to step up the crackdown on Taliban and Al-Qaeda forces.

  • We can't demilitarise Kashmir: Manmohan
    Prime Minister Manmohan Singh rejected ally PDP's demand for troop reduction in civilian areas of Jammu and Kashmir saying any decision on this can be taken only after assessing the infiltration level after summer months.

Israel Says It Won't Work With Coalition
The rival Hamas and Fatah movements formed a long-elusive unity government but Israel immediately said, however, that it would not deal with the new government.

* * *

Nepal Maoists still have 7,600 weapons
Nepal Maoists have more explosives outside the cantonment sites than in the camps under the UN supervision, a senior commander of the Maoist militia has said.

Bangladesh ex-Army officer held in US
A former Bangladeshi Army officer, wanted for his role in the 1975 military coup which led to the assassination of President Sheikh Mujibur Rahman, has been arrested in the United States.

SJC chief: Chaudhry is still CJ
Reaffirming that justice Iftikhar Chaudhry continues to be chief justice of the supreme court, acting chief justice justice Javed Iqbal has taken suo motu notice of the alleged police misconduct with Iftikhar.

US Senate votes to debate Iraq troop plan
The US Senate voted today to consider a Democratic plan to withdraw US troops from Iraq after Republican opponents blocked two previous attempts at debating the unpopular war.

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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.

Recent Editorials

IBM to invest $6 b
US technology giant IBM has said it will invest $6 billion in India by 2009. “We have invested $2 billion (in the past three years).

Siemens-BHEL bags PowerGrid order
Siemens Power Transmission and Distribution (PTD) and its consortium partner BHEL have been awarded an order by the Power Grid Corporation of India to construct 2,500 MW High Voltage Direct Current (HVDC) terminal stations.

Areva sweetens bid for REpower
Indian wind power firm Suzlon Energy's bid to acquire REpower suffered a setback with the German company's largest shareholder, Areva SA, making a counter bid of 1.14 billion Euro.

FACT JV with Adi Group of Syria
The Union Ministry of Chemicals and Fertilisers will form a consortium of Indian companies including FACT for taking 50 % equity in the proposed Rs 3000 crore joint venture urea plant in Egypt with Syria-based Adi Group.

SAIL proposes JV to ensure long term security of inputs
To ensure long-term security of critical raw materials, the Steel Authority of India Ltd (SAIL), which has undertaken a Rs 40,000 crore capacity expansion plan.

M&M plans to buy an auto component firm
Close on the heels of picking up a 43.3% stake in Punjab Tractors Ltd, Mahindra & Mahindra (M&M) is now on a look-out for acquiring an auto component company.

India leads in salary hike: survey
India has demonstrated a double digit growth in salary hike for the fourth year running, the highest in Asia Pacific region.

UTI Bank aims pan-Asian branch presence
UTI Bank hopes to grow its loan book at over 30% in the next financial year and is opening branches in Dubai and Hong Kong, is planning to set up shop in other Asian countries to make UTI a pan-Asian bank.

NTPC wants to make power equipment, plans subsidiary
The National Thermal Power Corporation (NTPC) is keen to venture into power equipment/spares manufacturing and servicing power equipment.

Biocon arm to set up research facility for Bristol Myers
Biocon's subsidiary Syngene International P Ltd and the US major Bristol-Myers Squibb Co have said they are significantly scaling up their nine-year-old research tie-up.

Infrastructure industries output up 8.4% in April-Jan
The output of six core infrastructure industries grew 8.4 per cent in April-January this fiscal against 5.8 per cent in the same period previous year.



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