The transaction will be done through the stock market via block deals.
While the moratorium on the commercial introduction of Bt brinjal will continue for now, it may not last indefinitely. Prime Minister Manmohan Singh, who addressed the issue among his combative ministerial colleagues this evening, is said to have asked for a swift assessment of all scientific and safety issues relating to the genetically-modified (GM) variety of the vegetable.
Bt brinjal is a genetically-modified vegetable which is infused with Cry1Ac gene from a bacterium Bacillus thuringiensis to make the plant resistant to the fruit and shoot borers and certain pests.
The ministry of environment and forests, according to documents available on its website, had set up a Bt brinjal Technical Review Committee early in 2007.
It may creep in via Bangladesh and Philippines, according to A R Reddy, co-chair of Genetic Engineering Approval (now Appraisal) Committee that approved the vegetable for commercial use.
Bacillus Thuringiensis Brinjal, popularly known as Bt brinjal, is at the centre of a major controversy in India.
The moratorium on commercial cultivation of Bt brinjal, the genetically-modified form of the vegetable, is not likely to end anytime soon.
Debates over introducing Bt brinjal, the first genetically modified food crop in India, might have taken a different turn if the government had taken note of studies by one of its own R&D bodies, the Indian Council of Agricultural Research, showing that indigenous methods of controlling the notorious fruit and shoot borer can be as effective, cheaper and more environment friendly than using chemical pesticide.
Never since the days of the Green Revolution in the 1970s has a food crop aroused the curiosity of the agriculture community as much as the country's first genetically modified vegetable, Bt brinjal has.
Their representatives joined hands on Wednesday at a conference called in Kerala by the state government and called their united stand the second war of Indian independence.
Supporters of Congress leader Syed Naseer Hussain allegedly shouted pro-Pakistan slogans after his victory in the Rajya Sabha elections.
Tech Mahindra has bagged a five-year contract from British Telecom, under which the Indian company will provide strategic sourcing services to the global communications solutions and services provider.
The father of the Green Revolution explains how the genetically-modified version of brinjal may kill biodiversity.
British Telecom of the UK is considering a low-powered global system for mobile communications service in India, which can bring down the costs significantly on calls made by mobile phones inside offices.
The approval to genetically modified (Bt) brinjal seems to have been been given without adequately assessing long-term health risks, although with a stipulation that surveillance and long-term follow up should be conducted two conditions that experts are aware have not been fulfilled even in the case of some critical drugs.
Not all state governments have been kind to the global seed giant Monsanto. And cotton farmers have been less than grateful for the genetically modified technology that is said to have changed their fortunes dramatically.
HCL Technology Ltd has secured a contract worth $180 million for its business process outsourcing service operations from BT, a global telecommunications services provider.
Outsourcers will not migrate to China because of the sheer talent and English language proficiency in India, says Arun Seth, chairman, British Telecom India.
The Indian pair of Saketh Myneni and Ramkumar Ramanathan beat compatriots Yuki Bhambri and Divij Sharan in straight sets to advance to the quarter-finals of the Bengaluru Open 2 ATP Challenger, in Bengaluru, on Wednesday.
Response to Bt cotton has been favourable and about seven more companies are preparing to release their genetically modified cotton hybrids for commercial use shortly, a study conducted by Rabobank International says.
'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'
The IT-BT minister claimed that the then BJP government did not merely charge a '40 per cent commission', as his party had claimed during the assembly election, but had collected a commission of more than 400 per cent.
The conversion of Indian farmers from traditional varieties and public hybrids to commercial hybrids and GM seeds could create a market larger than China.
Ask rediffGURU Ulhas Joshi your mutual fund queries.
'I overslept a bit. It can happen.'
'Why should our government opt for unproven technology that has been rejected by most countries across the globe?' 'Being dependent on any other nation to supply you seed for your good crops is another form of slavery.'
The representatives of outfits, including three breakaway factions, deposited their arms to the chief minister at a ceremony organised by the home department Guwahati.
Cooperation Minister K N Rajanna on Saturday floated the idea of having three more Deputy Chief Ministers in Karnataka, and said he will discuss it with the Congress high command, keeping in mind the 2024 Lok Sabha polls.
Players were in tears after Rodri's emphatic second-half goal against Inter Milan in the final secured a 1-0 victory
A howler by Manchester United goalkeeper David De Gea gifted West Ham United three vital points in their battle against relegation as the hosts secured a 1-0 Premier League win.
Sheldon Jackson top-scored for Saurashtra with a 44-ball 64 as they overcame a late challenge from Kerala to win by nine runs and set up a last eight clash against Mumbai.
Haaland's 45th goal was a personal record, too, for the 22-year-old who scored a total of 44 in 2019-20
This is a brief background of the new Cabinet Ministers.
The complaint was lodged by the Karnataka Pradesh Congress Committee member Ramesh Babu in connection with a tweet posted by Malviya.
Erling Haaland set another scoring record as Manchester City beat Bayern Munich
Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.
'He is a fantastic talent. I think he will go on to be a global superstar'
List of Australian Open women's singles champions since the event began in 1922 (Australian unless stated):
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