Posts Tagged ‘India’
May 15th, 2012 | 
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LONDON (Reuters) – India must bring in more private miners to develop coal reserves which majority state-owned Coal India Ltd has left untapped, Tata Power Company Ltd executive Amulya Charan said on Tuesday. India is among the world’s fastest-growing coal importers, according to analysts Wood Mackenzie. The country is battling chronic power shortages which are hampering the economy, largely due to the yawning gulf between domestic coal supply, demand and its ability to import fuel. …
Mumbai/New Delhi, May 15 (ANI): Passengers continued to suffer as the Air India pilots’ strike entered its eight day on Tuesday.
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New Delhi, May 15 (IANS) The Lok Sabha Tuesday witnessed an uproar, leading to an adjournment, over Civil Aviation Minister Ajit Singh’s media remarks on the Air India pilots’ strike, as members wanted him to answer their queries in the house.
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New Delhi, May 13 (IANS) Bharatiya Janata Party (BJP) leader L.K. Advani said Sunday that the biggest achievement of the country over the past six decades is that India has become a great and successful democracy.
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Moscow, May 11 (IANS) Emulating India, Australia and a few European Union members, Russia will have grim images depicting the impact of smoking on health appear on all cigarette packs starting May 2013.
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WASHINGTON (Reuters) – Global drugmakers could face new U.S. scrutiny after a report from lawmakers in India alleged abuses in that country’s drug approval process, lawyers familiar with such investigations said. A parliamentary panel on Wednesday said officials of the Central Drugs Standard Control Organisation (CDSCO) had been colluding with pharmaceutical companies to speed up approval procedures, allowing some drugs that are not permitted in other countries to go on sale. The U.S. …
The pilots’ agitation in Air India continued for the third day Thursday forcing the management to cancel eight more international flights, stop bookings on some major long-haul routes for the next five days and sack nine more pilots.
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The agitating pilots who have demanded the company drop a plan to train erstwhile Indian Airlines pilots to fly the Dreamliner have argued that their career prospects will be hurt if that is not done. The first of the Dreamliners is expected to join the fleet later this month.
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New Delhi, May 8 (ANI): Union Minister of Science and Technology and Earth Sciences Vilasrao Deshmukh on Tuesday announced a five miilion-million dollar contribution to a joint initiative with a U.S. agency to identify and invest in innovation by civil society, and bring them to scale.
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MUMBAI (Reuters) – Whatever its intentions in cracking down on abuse of tax havens, India has alienated overseas investors with the timing and communication of its measures when it can ill afford to do so. India’s move to target tax evaders through a general anti-avoidance rule (GAAR), along with a plan to retroactively tax the indirect transfer of assets, has spooked investors and added to an exodus of funds, battering the rupee. …
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