Ore Export to China Hit
(March 13, 2007)
Responding to concerns
from environmental groups,
domestic steel businesses,
and manufacturing houses,
the federal government had
imposed an export duty of
Rs. 300 per ton but
Chinese importers are
boycotting Indian ore
demanding exporters absorb
the duty.<More>
Largest NATO Offensive in
Afghanistan
(March 13, 2007)
The North Atlantic Treaty
Organization (NATO) troops
launched its largest
operation since 2001
against a resurgent
Taliban specifically
targeting drug lords and
rebel leaders in the opium
heartland Halmand Province.<More>
Wal-Mart and Bharti Plan 3
Retail Brands
(March 13, 2007)
U.S. retail major Wal-Mart
and Bhrati Group are
planning to use three
brand names and store
formats for the Indian
market including a cash
and carry, front-end
retail outlets, and
franchisee-owned stores.<More>
Glenmark's Expansion in
Brazil
(March 13, 2007)
Glenmark Pharmaceuticals
is planning to double the
production capacity and
headcount of its
manufacturing unit in
Brazil in two years and
use this production to
reach South American
markets.<More>
Toshiba-L&T in Power
Generation
(March 13, 2007)
Japanese conglomerate
Toshiba Corp said it is
talking to Larsen and
Toubro (L&T) Ltd to start
a joint-venture to make
equipment specifically for
and create new coal-fired
power generation plants.<More>
Largest NATO Offensive in
Afghanistan
(March 13, 2007)
The North Atlantic Treaty
Organization (NATO) troops
launched its largest
operation since 2001
against a resurgent
Taliban specifically
targeting drug lords and
rebel leaders in the opium
heartland Halmand
Province. <More>
Chola's Overseas Fund
(March 13, 2007)
DBS Chola Mutual Fund
plans to launch a scheme
to invest exclusively in
overseas assets to allow
investors to spread their
risks better and reduce
country risk and this fund
provides a unique
opportunity to Indian
investors.<More>
Teleradiology in Singapore
JV
(March 13, 2007)
Bangalore based
Teleradiology solution
announced a joint venture
with Singapore 's National
Healthcare Group (NHC)
where Teleradiology will
tap global market through
NHG which in turn will tap
Teleradiology for manpower.<More>
Germany, Singapore Take
Stake in BSE
(March 13, 2007)
Deutsche Börse and
Singapore Exchange Ltd. (SGX)
have negotiated minor
stakes in Bombay Stock
Exchange Ltd. (BSE) that
is seen as positioning the
nation better in a
global-economy.<More>
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