Showing posts with label Corporate Stories. Show all posts
Showing posts with label Corporate Stories. Show all posts

08 September 2008

Nuclear family to take India on high-tech trip and other Corporate Stories

Nuclear family to take India on high-tech trip
http://economictimes.indiatimes.com/articleshow/3456483.cms

The Nuclear Suppliers’ Group (NSG) has lifted obstacles to India buying products and technologies associated with civilian uses of nuclear technology from (and selling these to) most significant nuclear powers save the US. To enable civil nuclear commerce with the US, that country’s legislature must ratify the 123 Agreement finalised between the Bush administration and New Delhi. The implications are not just for nuclear energy, significant as these are — our existing reactors running short of fuel would be able to run at full capacity and we would be able to set up new nuclear plants. While National Security Advisor MK Narayanan announced on TV that a grateful India would let the US have a large share of India's domestic market for nuclear energy, right now, the competitive advantage in terms of standardised reactor design, scale and, therefore, costs, is with France and Russia. There is also the perception in some circles that the US conditions on supply of nuclear materials might turn out to be unacceptably stringent and intrusive, going by the State department's answers to the House Foreign Relations Committee.

Vital sectors of the economy stand to benefit from access to a range of high-technology products and technologies that had, till now, been outside India’s reach because of its status as a nuclear outsider. Many advances in materials, communications, computing, signalling, chemical processing and avionics are deemed sensitive technologies not accessible to nuclear have-nots. Access to these technologies opens up now. This will improve efficiencies across the board in India, from weather forecasting to oil refining. But the biggest gain is strategic. Non-proliferation activists objected to what they called India's sweetheart deal on the ground that it gives India an exceptional status: It is the only country that possesses nuclear bombs but is not part of the Nuclear Non-Proliferation Treaty to be accepted into the community of nations allowed to legitimately engage in nuclear commerce. The major powers of the world have recognised India’s status as a growing power whose potential to contribute to a stable global order is huge. It is that recognition that persuaded them to work out the current exception to nuclear convention in the form of the waiver from NSG. As India strengthens its strategic capabilities with the help of technologies made accessible as a result of the deal, it would put an end to the current situation of an ever-widening strategic gap between China and the rest of Asia. As India steps into its now acknowledged role as a balancer of power, it will benefit India and the world. Prime Minister Manmohan Singh and the ruling UPA will gain credit for having made this global breakthrough, against much opposition and at the risk of losing power.
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Tatas shocked by Singur deal; say project unviable
Tata Motors declines to give any reaction
Industries see Rs 1.2 trillion investment in nuclear power
Videocon, Jindal, 38 others in race to set up N-power plants
KEC International bags two orders worth Rs 217 crore
Nuclear deal to power India Incbs growth engine
OPEC considers cutting oil production
Industry sees Rs 120k-cr business opportunity

Source:ET

13 November 2007

Corporate Stories

EconomicTimes.Com

Sensex ends 300 pts up as investors cheer Left statement on n-deal
Rupee ends weak at 39.42/43 vs dollar
Gold records biggest one-day fall in 20 months
IDBI cuts rates on some term deposits, realigns others
DoT may issue Letter of Intent to all telecom applicants
No new controls on capital inflows:FM
Petroleum Ministry to consider rationalising ATF prices

REL raises Rs 507 crore upon conversion of FCCBs into equity [
Vodafone revenue climbs on Indian business
Coal Ministry likely to allocate 23 coal blocks next month
Texmaco forms JV with Aussie firm
Jyothy Labs sets Rs 620-690 per share IPO price band
Pratibha Ind group co get 413.5 mn rupees order
FMC seeks lifting ban on futures trade in four commodities

IIP slowdown: Chambers ask for policy revision
Tata, Reliance among 13 cos in race for Tilaiya project [
Four bid for stake in Kenya state-run telcom firm
Faze Three acquires 76 pc stake in German firm
Microsoft elbows out Infosys as best company to work in India
Adobe appoints Shantanu Narayen as its new president
M&As, PE deals total $63.5 billion till Oct

$6.5 bn investment in pipeline for medical tourism industry
After Malar, Fortis eyes Chennai's Lifeline
PEs to take a sip of Cafe Coffee Day for $95 mn
RBI in talks over FX funds for projects: Govt
RBI okays $5-bn forex reserves for infrastructure
Century Extrusions hits 20% circuit, up 60% in 7 days
Venture capital funds face realty check

Tata supercomputer named fastest in Asia, 4th in world
Google offers $10 mn in prizes for new cell phone software


Moneycontrol.Com

Left softens stance on nuke deal; gives nod for IAEA meet
Steel prices may go up: Bhushan Steel
Bombay Rayon likely to invest 1100 cr, stock surges
Gati Corp to foary into aircargo, stk at new high
Revision in free-float adjustment factors of BSE Index
Mkts to remain volatile in November: Experts
Crude prices drop below $95/bbl

Petronet LNG a good buy: PN Vijay
Birla Power Vs Honda SIEL: Whom should you bet on?
Bongaigaon Refineries has target of Rs 120: Mohindar
BoB, Italy-based Pioneer tie-up for AMC biz
REC World Headquarters building at Gurgaon


We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.

12 October 2007

Corporate Stories

MoneyControl.Com

Mukesh Ambani details Reliance's growth plans at AGM
Koutons sees FY09 sales at Rs 1,200 cr
To continue to grow at 35-40%: Omnitec..
H2 growth rate may not match H1: Exide
Reliance on an expansion drive
Bharati Shipyard bags SCI order

CCCL may see Rs 200 plus premium

CLSA sees Sensex at 40K going forward
Bajaj Auto hopes to produce, sell 75,000 XCDs per month
Patel Engg to build 100 MW hydro project in AP: Sources
Mastek announces share buyback of up to Rs 65 crore
Gitanjali close to buy US jewellery retailer, stock rises

Omnitech PAT jumps 92% on the back of JV with Sanwell
RIL plans to invest $4 bn in hydrocarbons
JP Morgan betting big on Indian realty
Nokia Siemens bags BSNL rural contract
Govt approves Reliance's gas price from KG-D6 fields


Rediff.Com

McCann chief pictures India as export hub
Inflation slips to 3.26% :
Manufacturing, power pushes IIP to 10.7%
RIL is in acquisition mode, says Mukesh
How to make money in stocks


Myiris.Com

Unity bags orders worth Rs 2.25 bn in Delhi & Thane
Result Analysis: Mold-Tek net rises 65.9% for Sep `07 qtr 17
Result analysis: Himalya Intl Q2 net jumps 91.27%
United Spirits plans Rs 350 mn plant in WB
Bank credit up 21.9%
VLS Finance net jumps 5.63 times in Sep`07 qtr
Punj Lloyd bags Rs 3.9 bn order from Qatar Petroleum
Allcargo Global to acquire a unit of TFSPL
IIP rises 10.7% in Aug`07
RIL to invest USD 8-9 bn in Jamnagar
Rajesh Exports bags order worth Rs 7.43 bn
IFC buys 12.5% in Angel Broking for Rs 1.50 bn


We thank (will be grateful to) the owners of the above articles/sites/sources/Govts for allowing/referring this. We are just providing the link/information of business updates from the leading sources for the benefit of readers.