Taking Indo-Chinese co-operation in the oil sector a step forward, the country's biggest oil refiner and retailer, Indian Oil Corporation, has signed a memorandum of understanding with integrated Chinese national oil company Sinopec.
Italian prosecutors have "shelved" proceedings against defence major Finmeccannica, the parent firm of AgustaWestland, saying it had nothing to do with the alleged corruption in India's Rs 3,600-crore deal to procure 12 VVIP helicopters, Italian news agency Ansa reported.
Nepal witnessed political turbulence in 2022 that dramatically turned rivals into allies and throned former guerrilla leader Pushpa Kamal Dahal 'Prachanda' as the prime minister for a third time, as Kathmandu made efforts to balance ties with immediate neighbours India and China with high-profile talks and visits.
Severely critical of China, Pompeo, cited killing of Indian Army personnel in the Galwan Valley in eastern Ladakh in a clash with the Chinese military, and asserted that both India and the US are taking steps to strengthen cooperation against all threats and not just those posed by the Chinese Communist Party.
Singapore-based eSys Distribution has signed an agreement with global chip giant Intel for distribution of the latter's microprocessors and other computing products through its Indian subsidiary.
Last week, China's national legislature adopted the new law on the protection and exploitation of the land border areas, which could have bearing on Beijing's border dispute with India.
Tata Power on Saturday said it has inked a pact with IIT Delhi to work together on clean energy and other projects that can be transformed from research and development level to pilot stage. Tata Power, one of India's largest private sector integrated utilities, and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like smart grid technology, clean energy solutions, a company statement said. Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research and domain experts from business with a high transformational impact, it added.
In a face saver, SAARC countries signed a framework agreement on cooperation in power sector but failed to finalise the much-awaited motor vehicle and railway pacts
Shipping services firm Garware Offshore Services Ltd said on it has signed a contract with Norway's Havyard Leirvik AS for constructing a Platform Supply Vessel.
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
Hyderabad-based JP Mobile, provider of enterprise mobile messaging and security software, on Thursday announced its partnership with Microsoft to expand the capabilities and service offerings of hosted exchange service providers.
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
The company expects four to five per cent revenue growth from Star Alliance membership.
Based in California and having a strong presence in Bangalore, Narus is a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.
With cellular telephony fast expanding, Samsung on Friday said it has tied up with India's largest cellular operator AirTel for bundling of handsets in all circles.
Software major Wipro Technologies and US-based HighJump Software announced a strategic alliance on Thursday to offer complete, integrated multi domain solutions in supply chain execution market worldwide.\n\n
Had India agreed to join the trade pact, Indian markets would have been flooded with cheap Chinese products.
The tripartite agreement was signed by Assam Chief Minister Sarbananda Sonowal, top leadership of the four factions of the NDFB, ABSU, Joint Secretary in the Home Ministry Satyendra Garg and Assam Chief Secretary Kumar Sanjay Krishna in presence of Union Home Minister Amit Shah.
The habitats have been provided with proper heating facilities as the region receives up to 40 feet of snow after November every year while temperatures fall up to minus 40 degree Celsius in the winter months.
IDBI Bank and Bharat Petroleum Corporation Ltd have inked a business-2-business e-commerce tie up aimed at customers of the latter's Rs 8,000 crore (Rs 80 billion) industrial and commercial strategic business unit.
Stakeholders' Empowerment Services (SES) has advised Diageo to renege on its deal with United Spirits (USL) chairman Vijay Mallya.
According to the industry body, the 16-member RCEP has the potential to become one of the largest and economically dynamic trading blocs of the world, even bigger than the European Union.
British oil and gas major BG Group, Oil and Natural Gas Corp and Reliance Industries agreed to jointly operate Panna-Mukta and Tapti oil and gas fields, ending the year long row over who would manage the highly-profitable producing fields.
According to the final draft of the negotiating texts, seen by Business Standard, there are a few binding commitments in the chapter on TFA, under Article 13, which talks of Customs cooperation.
On the first anniversary of the deadly clashes, the army said the supreme sacrifice of the soldiers while fighting the adversary in the "most difficult" high altitude terrain will be "eternally etched" in the memory of the nation.
'India has not integrated into any major trade agreement'.
India Inc very keen to do business in Gujarat.
Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia's Rosneft, the Russian oil producer said. IOC had in February 2020 signed a deal with Rosneft Oil Company to import up to 2 million tonnes of oil via the port of Novorossiysk. In 2021, the deal envisaged supply of up to 1.7 million tonnes of crude oil but IOC bought just on parcel or shipload as the cost of transporting the oil made it uneconomical, when compared to alternatives. For 2022, the deal is for the supply of up to 2 million tonnes of oil from the Black Sea port of Novorossiysk.
'Washington is well aware that the Haqqani group was responsible for terrorist attacks on the Indian diplomatic establishments in Afghanistan.' 'But today US self-interest dictates that Sirajuddin Haqqani's mainstreaming in Afghan political life and a potential elevation eventually to a leadership role at the national level is useful and necessary, since he can deliver peace,' notes Ambassador M K Bhadrakumar.
As per the agreement reached by the two sides, India and China will withdraw the forward deployment in a phased and coordinated manner, the defence minister said.
Giving a new fillip to its relations with Pakistan, India has started visa on arrival facility for senior citizens of that country.
A day after terminating the tainted VVIP helicopter deal with AugustaWestland, the defence ministry has set in motion the process of encashing the bank guarantee of nearly Rs 1,700 crore furnished by the Anglo-Italian firm.
There is a huge spurt in demand to launch smaller satellites, those as light as 1 kg, with a lifespan of two to three years. But there aren't enough rockets to carry these, reports T E Narasimhan
The company is offering an inaugural discount of $20 per booking for international flights paid for using PayPal till August 15, 2012.
In the first highest level face-to-face contact between the two sides after border tension erupted in eastern Ladakh in early May, Singh and Wei met for two hours and 20 minutes in Moscow on Friday evening on the sidelines of a meeting of the defence ministers of the Shanghai Cooperation Organisation.
It records 4,000 transfer passengers daily at Delhi hub.
'According to top government sources, the territorial boundaries of the existing North-Eastern states will not be disturbed although cultural integration of Nagas living in states other than Nagaland will be facilitated through special measures,' reveals Nitin A Gokhale.
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