Rane NSK sets up new steering plant in Haryana
In order to meet its customer's demands in northern India, Rane NSK Steering Systems Limited Thursday announced the opening of a new steering systems plant at Bawal in Haryana.
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UN calls for 'reinvigoration' of agriculture
As the world is facing a severe food crisis, agriculture needs to be reinvigorated to produce enough food to feed the burgeoning global population, UN Secretary-General Ban Ki-moon has said.
Government approves skill development mechanisim
The union cabinet Thursday approved setting up the National Skill Development Corporation (NSDC) to meet the needs of the private sector for skilled personnel in different fields.
NTPC's FPO proposal rejected
The government has rejected National Thermal Power Corporation's proposal to raise about Rs.60 billion through a follow-on public offer.
India drops in world competitiveness ranking
An annual survey on competitiveness of the countries across the world has put India at 29th place according to its ability to compete.
Sprout closes $5 Mn series-B led by Polaris Venture Partners
Sprout, the premier platform for creating, publishing and managing rich media Web content, has closed a $5 million Series B financing led by Polaris Venture Partners.
China moves to help prisoners injured in quake
China's justice ministry Wednesday issued an emergency notice urging judiciary departments in quake-stricken areas to mobilize personnel to save injured inmates and other staffs in jails.
Lufthansa plans Pune-Munich business flight from June
German flagship carrier Lufthansa Wednesday announced an all-business flight linking Pune and Munich from next month.
Cargo loaders, guards at Delhi airport end strike
A stand-off between striking cargo loaders and private security guards with the Delhi airport developer has been resolved amicably, an airport company official said here Wednesday.
Eva Air third airline to suspend Indian operations
Rising fuel costs coupled with the choice of destinations have forced Taiwan-based Eva Air to pull out of India, making it the third international carrier in a year to stop operations here.
Indian workers launch hunger strike in front of White House
A group of five Indian workers have launched a hunger strike in front of the White House demanding a US Congressional investigation into their "exploitation" by American companies.
French firm Lafarge acquires L&T concrete business
French cement major Lafarge has acquired construction and engineering major Larsen and Toubro's ready-mix-concrete (RMC) business for Rs.14.80 billion.
