Posts Tagged ‘india’
Samsung Dual Sim Touchscreen B5722 in India
Samsung has announced the launch of latest touchscreen handset, the B5722 in India. The device happens to be the first touchscreen from the company to support two SIM cards. The phone will also be known as the B5722 DUOS.
PepsiCo’s $200-m investment proposal gets Cabinet nod
PepsiCo’s proposed $200-million investment into PepsiCo India got the approval of the Cabinet Committee on Economic Affairs (CCEA) on Saturday. PepsiCo now has three years to invest the additional $200 million, but the company plans to pump in the funds within a year.
Godrej close to buying Indonesia Megasari
Godrej Consumer Products (GCPL) is close to acquiring Indonesian household products company Megasari in a deal estimated to be worth Rs 1,200-1,400 crore and has placed an “attractive” bid for the global pesticides business of Sara Lee Corp with which it has a joint venture in India, persons close to the developments said.
Corporates handled economic downturn with vigour
From battering in the stock markets to the infamous financial fraud in IT giant Satyam Computer Services, India Inc began 2009 on an ominous note but fought-off the effects of the global meltdown only to get sucked into pitched battles for turf or market share.
Thirteenth Finance Commission submit report
The Thirteenth Finance Commission, headed by Vijay Kelkar, today submitted its report to President Pratibha Patil. The president will forward the report to the finance ministry for further action.
Hospital performs 100 computer assisted Total Knee Replacement surgeries
Mumbai Hospital, which has introduced the latest computer assisted Total Knee Replacement (TKR) technique called the Stryker’s OrthoMap Articular Surface Mounted (ASM) Knee Navigation in Mumbai, has successfully performed 100 successful TKR surgeries.
Power firms avoiding Chinese equipment
Power firms have started cancelling deals with Chinese equipment manufacturers and placing the same orders with state-owned Bharat Heavy Electricals Ltd (Bhel) due to concerns about the quality and rising cost of Chinese products.
India’s economy to grow 7.75 percent in current fiscal
The Prime Minister’s Economic Advisory Committee (PMEAC) chairman, C Rangarajan, said here on Tuesday that country’s economy will grow between 7 to 7.75 percent during the current fiscal despite poor performance of the agriculture sector on account of drought and floods.
West Bengal to setup green energy hub
The West Bengal government is planning to set up a hub exclusively to manufacture electronics component for solar energy at Andal near Durgapur in Burdwan district. The proposed hub, which will be spread over 100 acres, is expected to attract an investment of around Rs 1,000 crore in next two to three years’ time, top officials said.
HCL Launches 3G ME 06 and ME 45 laptop
HCL of India has introduced yet another netbook onto the already bloated market, with their new model, the ME 06.
Decade of opportunities
Next week the world enters a new decade, the second of this millennium. Because the years to come belong to the future, there is always an uncertainty as to how they will unfold. In the last decade, the one that will end on December 31, India has clinched three key issues. First, it has more or less eliminated all the constraints on the Indian economy. Second, the politics of caste that so debilitated the Indian polity since 1990, have reached their finite limit.
pak-india trade picking up
Notwithstanding the economic slowdown, bilateral trade between India and Pakistan through Wagah border registered almost two-fold rise during April-October 2009 as compared to corresponding period last year.
Ancestors of Chinese came from India
he ancestors of most Asian populations, including the Chinese and southeast Asians, came from India, a new genetic study across 10 countries has revealed. The study found that humans first migrated to the Indian subcontinent from Africa some 100,000 years ago and then spread to other parts of Asia.
“When humans moved out of Africa, there was a migration to India and from India to southeast Asia and then east Asia, and finally to the Americas. So, all Asians have a genetic connection with India,” Mitali Mukerji, a scientist from the Institute of Genomics and Integrative Biology who was in the team, said.
India set to measure poverty beyond food
India is likely to switch to a new method of estimating poverty, which includes total expenditure required by families on clothes, housing, health, education and conveyance apart from adequate food, which was until now the sole criterion for determining poverty.
Planning Commission member Abhjit Sen said this gives a more realistic picture of the poverty level as the earlier estimates were based only on the food calorie intake of a person.
Sen said the new method uses the lifestyle of the urban housheholds as a benchmark for the rural families as well since they also need to spend on health, education, clothes, transport and housing.
Estimates, for the year 2003- 04, using the new method show that a whopping 41.8 per cent of the country’s rural population live below the poverty line based on the wider criteria.
protests over new southern state
Protests against plans to carve out a new state in India’s southern Andhra Pradesh state have led to sporadic violence.
A strike is being held in 12 districts and protesters have attacked public transport vehicles in some places.
The move to form Telangana state has plunged the state into political crisis. Over 100 lawmakers have resigned from the assembly.
The move is also fuelling demands for other new states across India.
Two parties in the eastern West Bengal state have said they will begin campaigning again for separate states.