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How the Indian Railways can revive its fortunes

2014-06-18 22:24:09| Logistics - Topix.net

Experts argue that the Rs 9,000-crore logistics industry in India, which is currently growing at over 5 per cent, holds tremendous potential and the Railways has much to gain from this enterprise.

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Indian Ministry Announces Plan to Develop Food Map

2014-06-18 02:00:00| ThePigSite - Industry News

INDIA - The country will be developing food map across the country, Ms Harsimrat Kaur Badal, Indian Minister for Food Processing Industries said a Confederation of Indian Industry (CII) event recently, writes Jagdish Kumar.

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Batelco wins USD 211 mln from Indian partner

2014-06-16 16:02:00| Telecompaper Headlines

(Telecompaper) A British court has ruled in Batelco's favour, ordering the operator's former Indian partner to pay it USD 211.1 million for failing to fulfill a previous agreement. Batelco had sued Chennai-based Siva and its chairman Chinnakannan Sivasankaran, seeking repayment of the USD 174.5 million it paid the company for a 43 percent stake in Indian operator S Tel in 2009, plus USD 10.3 million in damages and a further USD 30,000 a day. The court found that the defendants failed to adhere to a settlement agreement for the commercial venture. Batelco exited the venture after S Tel struggled to compete in the crowded Indian market and had several of its licences revoked as part of a wider scandal in the Indian government. 

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Gas leak kills five in Indian steel plant - reports

2014-06-13 02:59:55| Steel - Topix.net

A gas leak following an explosion at a steel plant in the Indian state of Chattisgarh on Thursday left at least five people dead and over 30 unwell, local television channels reported.

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Indian President Commits to More Govt Investment in Agriculture

2014-06-13 02:00:00| ThePigSite - Industry News

INDIA - Agriculture is the source of livelihood for the majority of our people, the President of India, Pranab Mukherjee said at the first session of both houses of parliament after the general elections to the 16th Lok Sabha, writes Jagdish Kumar.

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