Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.
'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'
The draft e-commerce rules released last year held e-commerce marketplace responsible if a seller on its platform failed to deliver the goods or services ordered by a consumer "due to negligent conduct, omission or commission of any act by such seller", causing loss to the consumer.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
India and Russia are involved in talks to sort out the nuclear liability issues before they sign an agreement for setting up Units III and IV of the Kudankulam power plant in Tamil Nadu during Prime Minister Manmohan Singh's annual summit with President Putin in Moscow next week.
John Kerry, US Secretary of State, who is here for the 2nd Indo-US Strategic and Commercial Dialogue, said his country would want its civil nuclear cooperation with India to take shape in setting up of reactors.
Civil nuclear projects in the country would be subject to Indian laws including on issues of civil liability, National Security Adviser Shivshankar Menon said on Friday dismissing reports of attempts to dilute the liability clause in contracts proposed with United States firms.
The first unit of the Kudankulam Nuclear Power Plant was synchronised with the southern power grid on Tuesday, marking a major milestone in power generation of the ambitious Indo-Russian nuclear collaboration in Tamil Nadu.
Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project and a commercial agreement on it is unlikely to be signed at the Annual Summit between Prime Minister Manmohan Singh and Russian President Vladimir Putin in Moscow on Monday.
Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.
An agreement on the setting up of Unit three and four of the Russian-assisted Kudankulam Nuclear Power Project in Tamil Nadu is likely to be signed in the "near future", India said today, indicating the possibility during Prime Minister Manmohan Singh's visit to Moscow next week.
India has a 'natural global partnership' with US, says PM.
The Indo-Japanese nuclear deal may not come easy considering India's Civil Nuclear Liability Act provisions which had earlier put off suppliers like General Electric, says Debalina Ghoshal.
The Congress will take on the government in Parliament on the Indo-US nuclear deal
In the absence of a conducive environment, India should not show any "hurry" to hold talks with Pakistan when Prime Minister Manmohan Singh visits New York later this month, BJP president Rajnath Singh said.
Left parties on Wednesday warned the government that it would commit an "illegal act" if it tried to dilute the Civil Nuclear Liability Act or signed any agreement for supply of nuclear reactors during the upcoming United States visit of Prime Minister Manmohan Singh.
India and the United States have reached the first commercial agreement on civilian nuclear power, five years after a landmark deal between the two countries was clinched.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
'There has definitely been a breakthrough in the nuclear logjam. It is good to see nuclear energy back on the rails,' says Dr Anil Kakodkar, former chairman, Atomic Energy Commission.
'Prime Minister Modi has initiated a host of reforms in the right direction, and I would like to see that continuing.'
Modi and Obama surely put India-US ties in fast-forward mode. But 5 things deserve careful attention.
Prime Minister Narendra Modi and United States President Barack Obama will meet on Sunday, January 25, at Hyderabad House a few hours after the American leader's arrival in New Delhi.
The 13-page joint statement issued after Prime Minister Manmohan Singh's annual summit with Russian President Vladimir Putin shows the breadth and depth of relations between the two countries and the trust factor that has been constant element behind it.
Swadeshi economist, columnist and chartered accountant S Gurumurthy speaks to Shobha Warrier about one year of Modi Sarkar.
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