Industry sources added that Posco India would be assured of a strong marketing network in India through SAIL's extensive all-India network and a dedicated port at Haldia. SAIL also has seven iron ore mines.
The Tamil Nadu government on Monday entered into a joint venture with Hyderabad-based GMR Infrastructure Ltd to set up a multi-product Special Economic Zone in the state's Krishnagiri district at a cost of Rs 2,300 crore (Rs 23 billion).
The Cabinet in January 2015, resolved the spectrum tussle between DoT and the Defence by approving a harmonisation plan.
Coming out in support of the Tata Group's Titanium dioxide project, residents of Radhapuram in Tirunelveli district urged the government to help setup the plant to provide jobs for people of the southern districts in Tamil Nadu.
The MoU was inked by IIM-Indore Director S P Parashar and the Association CEO Gibson Vedamani.
Flamboyant all-rounder and national T20 captain Shahid Afridi has advised the Pakistan Cricket Board to stop running after their Indian counterparts to have the proposed bilateral series in December in the UAE.
From spending a little less than three hours on making voice calls, Indians are spending well over 5 hours. So, while people make more calls, they are spending less than ever, reports Romita Majumdar.
Austria would soon start five direct flights a week from Vienna to Mumbai.
The contribution is towards archaeological restoration, including repair of ancient structures as old as 1,400 years
Software and training organisation NIIT Ltd has tied up with one of country's leading business school, Indian Institute of Management-Calcutta to offer 'Executive Development' programmes through virtual classrooms.
Works on seven airports has since been completed and is continuing in three other airports. An amount of Rs 50 crore (Rs 500 million) has been earmarked for ongoing upgradation works of airports in the region in the annual plan during 2007-08. In addition to the upgradation of existing airports, upgradation of non-operational airports is also proposed to be undertaken during 11th Plan, the report said.
The Tamil Nadu government on Friday signed a memorandum of understanding (MoU) with Hyderabad-based GVK Group to set up a Rs 1,500-crore (Rs 15 billion) multi-products special economic zone in 3,000 acres in Perambalur district.
Tata Steel on Thursday revived its mega Rs 2,500 crore (Rs 25 billion) project to produce titanium dioxide from ilmenite mined from beach sands of Tirunelveli and Tuticorin districts in south Tamil Nadu.
Pakistan Cricket Board chairman Shaharyar Khan finally gave up hope of organising the proposed India-Pakistan cricket series in the near future but has set sights for next year for the resumption of bilateral cricketing ties between the two countries.
After its pullout from the tripartite joint venture with Renault and Nissan to set up a manufacturing plant in Chennai, homegrown auto major Mahindra & Mahindra on Monday said it will invest an additional Rs 1,500 crore (Rs 15 billion) in its Chakan unit, near Pune in Maharashtra.The company has signed an MoU with Maharashtra government to invest an additional Rs 1,500 crore to the already earmarked Rs 2,500 crore (Rs 25 billion) in the Chakan manufacturing plant.
The Georgia Institute of Technology has signed an MoU with the Andhra Pradesh State Government to set up an international campus in Hyderabad.
The Company Law Board on Thursday asked the warring Bajaj brothers - Rahul and Shishir - to prepare a report on the areas of dispute that are holding up a mutually acceptable agreement for splitting the business empire.CLB chairman S Balasubramanian, who is hearing arguments by the two sides, also sought to know the points of difference over which they terminated last month their Memorandum of Understanding (MoU) drafted for division in the group.
Oracle India has announced an in-kind grant of $5.4 million to provide specialised training in information technology to students in 100 polytechnic institutes in Karnataka under its Oracle Academy programme.
Posco India, the subsidiary of South Korea's Pohang Steel Company, is struggling to implement its 12 million tonne per annum steel project, although an MoU for it was signed with the Orissa government in June 2005. Its officials have been abducted twice in five months - the latest being last Satudary, but released unharmed by activists opposing the steel plant. The incidents prompted the police to ask Posco to withdraw its officials from the project site near paradip.
The Pakistani PM is now scheduled to travel to Malaysia next week and to China on November 3 to seek financial assistance from the two friendly countries.
New Zealand Cricket Players' Association boss Heath Mills has advised Daniel Vettori and Scott Styris not to sign the Indian Premier League contracts offered to them.
In Hyderabad, it plans to hire in the areas of finance accounting, transaction processing and technology, among others
Months after Mahindra & Mahindra (M&M) exited a joint venture with Renault and Nissan Motor, the French and Japanese auto firms have got their car project back on the road, signing an MoU today with the Tamil Nadu government for a greenfield facility near Chennai.
The Bharti Group will on Monday announce a tie-up with Walmart for its retail operations, under which the world's largest retailer would manage the back end operations.
The Central Bureau of Investigation on Thursday questioned Himachal Pradesh Chief Minister Virbhadra Singh in connection with its probe into allegations of disproportionate assets amassed by him during his tenure as Union minister.
RIL and PEMEX will also share expertise and skills in the relevant areas of oil and gas industry, including for deep-water oil and gas exploration and production.
Tata group company VSNL has signed an MoU with leading global telecom firms to construct a new submarine cable linking India, the Middle East and Western Europe.
The first automobiles from the facility would roll out in the second half of 2009, Kashub Mahindra, chairman of the Mahindra group, said after signing a MoU with the Tamil Nadu government for the project.
The two countries would be signing an MoU to foster research cooperation in biotechnology, the visiting premier said, addressing Indian industry captains at a conference organised by business chambers CII, FICCI and Assocham. \n\n
Union Railway Minister Lalu Prasad Yadav announced 55 new trains in the Rail Budget 2006-07 for different destinations across the country.
The Indian Institute of Management-Bangalore and Graduate School of Business, Stanford University will sign a memorandum of understanding to facilitate exchange of business and management strategies.
The International Cricket Council has decided not to interfere in modalities related to bilateral agreement involving two nations.
HPCL is now ready to increase the stake of the state government up to 49 per cent.
The issue of the labour agreement came up during discussions between the Minister of State for External Affairs, E Ahamed and Oman's Minister of Manpower Juma bin Ali Al Juma in Muscat on Wednesday. The draft MoU include various measures for the welfare of Indian workers so as to check many labour-related problems.
Prabhu said the Ministry was preparing a plan till 2030.
two US scientific instruments will be on board India's mission to the Moon 'Chandrayaan-1'.
The DG said that large number of fishermen from both countries had difficulties in identifying the maritime boundary.
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