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Vizag Steel Plant shows the way: PM  Sat, May 20, 2006

Prime Minister Manmohan Singh Saturday laid the foundation stone for the expansion of the public sector Rashtriya Ispat Nigam Ltd (RINL), popularly known as the Visakhapatnam Steel Plant (VSP), in this port city. The expansion, being taken up at... More

 
PM urges Mittal to help build Indian steel industry  Sat, May 20, 2006

Prime Minister Manmohan Singh Saturday said he had urged London-based steel baron Lakshmi Mittal to return to his homeland and help build the Indian steel industry. Addressing the foundation the stone-laying ceremony for the the expansion of the... More

 
Rs.47 bn revival package for Indian tea industry  Sat, May 20, 2006

The Indian government Saturday announced a Rs.47 billion ($1.03 billion) package to revive its tea industry that has been hit by falling prices and a slump in exports. "The bulk of the funds would be utilised to upgrade facilities and replant... More

 
Dabur family patriarch passes away  Sat, May 20, 2006

Ratan Chand Burman, patriarch of the Rs.15 billion ($340 million) Dabur India group, died here late Friday after a long illness, family sources said Saturday. The 81-year-old Burman was the grandson of the group's founder S.K. Burman and was its... More

 
Germany's cities and hotels in World Cup fever  Fri, May 19, 2006

Language courses, street parties, security plans - the quarters hosting the 32 World Cup participants in Germany are getting ready for the football stars and the flood of fans from around the world. "For our city, this is an opportunity of... More

 
Don't give land to investors, Maoists tell people  Fri, May 19, 2006

Maoists have appealed to people not to provide land to investors in Jharkhand where an investment drive in the past two years has yielded agreements worth Rs.1.91 trillion with various companies. "Jharkhand land is gold and it will not be lost... More

 
New Zealander wants to sell amputated leg  Fri, May 19, 2006

New Zealander Shane Torrance, 42, whose right leg was amputated because of diabetes, is trying to sell it to raise money for his daughter who has inherited the disease, a newspaper reported Thursday. But his attempt to sell the tattooed leg that... More

 
Delhi airport passenger handling capacity to treble  Fri, May 19, 2006

The GMR group, that has taken over the operations and modernisation of Delhi airport, has targeted to handle 35 million passengers - more than three times the current capacity - by 2010 as part of a master plan under preparation that includes a... More

 
Indian shares plunge over four percent on massive sell-off  Fri, May 19, 2006

India's key share market index went into a tailspin early Thursday, wiping off the gains of the previous two sessions, as institutional investors - mainly foreign funds - dumped heavyweight equities. The stock market opened for the day on a... More

 
Mittal makes bid for Arcelor official  Fri, May 19, 2006

Mittal Steel, the world's largest steel maker, Thursday officially opened its hostile takeover bid for Luxembourg-based Arcelor, the second-largest, in order to create a company with an annual capacity of around 100 million tonnes. The share and... More

 
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