INDIA INTELLIGENCE REPORT
 

News Analysis - February 19, 2007

 
  • Trilateral Conference Concludes in Delhi (February 19, 2007)
    The first structured and sixth trilateral conference between India, Russia, and China ended in New Delhi with an emphasis on cooperation rather than confrontation should govern approaches to regional and global affairs."<More>

  • U.S. Says Natanz Plan has Khan Links (February 19, 2007)
    The U.S. Ambassador to the International Atomic Energy Agency (IAEA) says that the Iranian nuclear facility at Natanz has "unexplained ties" with the disgraced Pakistani scientist A.Q. Khan's proliferation network.<More>

  • India, Saudi Youth Initiatives (February 19, 2007)
    Taking forward the cooperation agreement between India and Saudi Arabia signed during the visit of King Abdullah to India in January 2006, the two nations have agreed to hold bilateral exchange programs involving students, youth, and sportspersons.<More>

  • UN Peacekeepers for Chad (February 19, 2007)
    Oxfam and Human Rights Watch called on urgent action by the United Nations to consider dispatching peacekeepers to Chad to prevent a spillover of Darfur crisis and furthering the humanitarian tragedy.<More>

  • Italian Training for Indian Archeologists (February 19, 2007)
    In a recent interview with The Times of India, Deputy Prime Minister and Minister for Culture and Tourism Francesco Rutelli said that Italy will be "training Indian archaeologists in the field of preservation and restoration."<More>

  • Renovated Nalanda Memorial, Students at VIT (February 19, 2007)
    Estranged nations India and China trying to rebuild past friendship and trust coalesced to renovate Xuanzang (Hieun Tsang) Memorial Hall in Nalanda in hopes that the friendship they shared for centuries may also be rebuilt.<More>

  • Pak Interested to Close Siachen (February 19, 2007)
    Pakistan Minister of State for Information and Broadcasting acknowledged the futility of fighting in "one of the highest battlefields" where neither side "has gained anything" and indicated willingness to find closure to stalled talks
    .<More>

  • Nobel Laureate Yunus in Politics (February 19, 2007)
    Nobel Laureate Mohammed Yunus, founder of the Grameen Bank of Bangladesh and champion of poverty allieviation and sustainable development, announced plans to enter politics in Bangladesh to help the nation overcome the "terrible political leadership."<More>

  • Indo-French Air Exercise (February 19, 2007)
    India and France kicked off the third air combat exercise with India field Sukhoi-30s, Mirage-2000s and MiG-27s and France its Mirage-2000D and Mirage-2000V for mutual exposure to "fighter tactics" and "build interoperability."<More>

  • Vodafone Headsets in India (February 19, 2007)
    China's leading telecom gear maker the $7.3-billion ZTE Corp has reportedly met with Vodafone Group to set up a world-class GSM handset manufacturing hub in India to meet low-cost handset requirements for Indian, Brazil, and Russian markets.<More>

  • Swiss Triumph to Expand 5000 (February 19, 2007)
    Switzerland headquartered innerwear brand Triumph International revealed plans to employ 5000 workers at its new manufacturing facility near Chennai to produce 15-20 million lingerie units.<More>

  • Low-Cost US Motels to India (February 19, 2007)
    US-based Patel Motels along with others such as Super8 Motels, Country Hearth, Best Inns, and Best Value Inn are to enter India through the franchisee route and develop at least 20 Greenfield properties in metros and secondary cities.<More>

  • Tariff Cut Plans to ASEAN Levels (February 19, 2007)
    The government is reportedly planning to cut peak customs tariff from the present 12.5% to a possible 10% in the upcoming budget but senior functionaries are reportedly interested to drop the tariff to ASEAN levels of 6-7%.<More>

  • Italian Haute Couture Line in India (February 19, 2007)
    Italian USD 833 million Sixty Group revealed plans to enter the Indian market through exclusive nine-year franchising and trading partnership with Delhi-based Indus Clothing.<More>

  • Apollo Hospitals in Yemen (February 19, 2007)
    The Apollo group of hospitals has signed an agreement with Hayel Saeed Anam group (HSA) to jointly run a USD 25 million super-specialty hospital at Taiz in Yemen by September this year.<More>

  • AP- Ras Al Khaimah Ceramic Tile Project (February 19, 2007)
    The Ras Al Khaimah (RAK) has signed an agreement with the Government of Andhra Pradesh (AP) to invest Rs. 9,000 crore (USD 2 billion) to set up an alumina plant and aluminum smelter unit to be used to produce ceramic tiles.<More>

  • Toyota's Small Car Plant (February 19, 2007)
    Japanese car major Toyota Motor Corporation is reportedly planning an investment of USD 330-420 million to set up a small car plant near its existing facility near Bangalore with an initial capacity to manufacture 100,000 cars a year.<More>

  • Norwegian Orkla Buys MTR (February 19, 2007)
    The USD 8.8 billion branded consumer goods, speciality materials and financial investments Norwegian company Orkla has reportedly bought out MTR Foods at a price of USD 100 million.<More>

  • ONGC-ENI Energy Swap Deal (February 19, 2007)
    The Oil and Natural Gas Corporation (ONGC) and Iralian ENI SpA signed an energy swap deal where ONGC will take a 20-25 per cent stake in a Congo block that ENI owns in return for a 30-35 per cent stake in Mahanadi basin block.<More>

Home Page