WEB EXTRAS
POLICY
AP to buy power from Central grid
The State Energy Minister, Mr Mohd Shabbir Ali, on Tuesday said that Rs 408 crore has been spent for purchase of additional power from Central generating stations and other states to meet the demand supply mismatch. The Government expects to ...
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SOFTWARE
US-based Trimble buys @Road
The US-based Trimble has acquired @Road Inc, an American company with software development centre in Chennai, for $496 million. After deducting @Road's net cash position of $79 million, the transaction enterprise value was $417 million, ...
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STOCK EXCHANGES
`More Indian ventures may reach out to AIM next year'
There are over 40 Chinese companies with operations in China. In comparison, there are 10 India-related entities.
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MERGERS & ACQUISITIONS
Madison picks up 24.5 pc stake in Thai events firm
Madison Communications has picked up 24.5 per cent stake in Penada, a Bangkok-based event management and allied services company for an undisclosed sum. Penada is a 10-year-old integrated event management company based in Bangkok with a ...
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Tech acquisition fund on the anvil: Sibal
The Government is considering setting up a `Global Technology Acquisition Fund' (GTAF) to help Indian biotech companies' acquisition of mid-sized knowledge companies overseas, Mr Kapil Sibal, Union Science & Technology Minister, indicated here on
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EXPORTS & IMPORTS
CLE for strategic imports of raw material
The Council for Leather Exports has said that to meet the huge demand for raw material from the leather sector, the industry would have to consider "strategic sourcing" of skins and hides from abroad. The Council's Chairman, Mr Rafeeque Ahmed, ...
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Refining sector emerges as top merchandise exporter
Additional 16.5 mt capacity has come about
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Panel on iron ore export fails to reach consensus
Export policy should be reviewed every 3 years: Committee
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STANDARDS & BENCHMARKS
International accreditation for Amul's plants
Anand Milk Union Ltd's (Amul's) plants have become the first in the food industry to comply with the ISO 22000:2005 standards of food safety management. The food safety management systems in Amul's dairy plants at Anand, Food Complex at Mogar ...
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OUTLOOK
Growers seek long-term policy on arecanut
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N-E monsoon beginning to taper off
The north-easterly winds have started largely waning over the Bay of Bengal signalling that the north-east monsoon season may have peaked already, and may now gradually begin to back off from peninsular India. Easterly waves will now become ...
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NEW PRODUCTS & SERVICES
Danish co to launch Bluetooth gadgets
GN Mobile, a 263-million-euro European wireless and corded devices company, plans to flood the Indian mobile phone and consumer applications markets with more than a dozen new products during 2007. Part of the Denmark-based GN Netcom Group, the ...
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