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When panic gripped Mumbai High and orange overalls turned red
But the rig could accommodate only a limited number of people and Mr George was forced to go down a ladder along the rig's legs and jump into the raging sea. He had his life jacket on and was picked up four and a half hours later by a rescue vessel.
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No threat to energy security, says Aiyar
THE impact on the country's oil supply from Wednesday's accident at Mumbai High can be contained. The Union Minister for Petroleum, Mr Mani Shankar Aiyar, today said: "Our energy security is in no way compromised." Any fresh oil import needed ...
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SBI Q1 net up 15.5 pc at Rs 1,223 cr
HIGHER interest income and lower operating costs have enabled State Bank of India to report a 15.54 per cent increase in net profit in the first quarter of 2005-06, despite a substantial increase in provisions against bad loans and losses in ...
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L&T Q1 net profit rises to Rs 143 cr
LARSEN & Toubro Ltd (L&T) posted a net profit of Rs 142.97 crore for the quarter ended June 30, 2005, which included a one-time profit of Rs 38.18 crore on the sale of its dairy and milk processing equipment business. The net profit, minus th
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Bridging digital divide — Now, pedal power to run your computers
PEDAL power may soon bring computers to life in electricity-starved villages in India. HCL Infosystems has designed the prototype of an external gadget that can be charged through pedalling and connects to a personal computer to run it under the ...
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Mumbai limping back to normal; over 300 dead in Maharashtra
MUMBAI slowly limped back to normal on Thursday with the weakening of torrential rain. As the water cleared from the roads, rail lines and runways, transport services were partially restored. The Mumbai airport, closed since Tuesday due to ...
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Honda labour problem reverses scooter market momentum
THE labour unrest at Honda Motorcycle & Scooter India's (HMSI) unit in Manesar has taken its toll on growth in the domestic scooter market as well. The segment which had seen a turnaround largely due to popular launches from HMSI's stable, fell .
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Fresh `low' over Bay likely to extend rain cover to entire country
The monsoon flow continues to be very strong, and will aid the intensification of this system into a depression and expedite its northward progression.
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