Archive for April, 2008
Wednesday, April 30th, 2008
Brushing aside the concerns of slowdown in the industrial growth, capital expenditure announcements by the India Inc. soared by 66 per cent during Jan-Mar 2008 to a whopping USD 174 billion as compared to USD 105 billion lined up in Oct-Dec 2007, revealed the findings of ASSOCHAM Investment Meter (AIM).
In a AIM Study on “Investment Announcement during 4th Quarter (Jan-Mar 2008)”, it has further revealed that with the investment climate for infrastructure industries improving, the corporate India has continued to bet big on the infrastructure sector. A capital outlay of more than USD 109 billion was announced during Q4 of fiscal 2008, on top of the USD 85 billion in third quarter of the same fiscal.
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Posted in Industry | No Comments »
Wednesday, April 30th, 2008
HCC (Hindustan Construction Company), a leading infrastructure construction and development company has been awarded the work of Lot - IV of Teesta Hydro Electro Power Project Stage - VI by M/s Lanco Infra Tech Ltd. This order is worth Rs. 303.02 crore for all civil works and will be completed in 44 months. The project is located at Tarkhola near Rangpo in the district of South Sikkim.
The contract covers construction of underground power house cavern, underground transformer cavern, two numbers of 16 m dia & 60 m high simple surge shafts, four numbers of 5.4 m dia circular pressure shaft, two numbers of D shaped tail race tunnels, modified horse shoe shaped HRTs and Civil works of switch yard.
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Posted in Companies | No Comments »
Wednesday, April 30th, 2008
Vice Admiral Raman Prem Suthan, AVSM VSM, has taken over as the new Vice Chief of Naval Staff at a solemn occasion held in the precincts of the South Block. He takes over from Vice Admiral Nirmal Verma, PVSM, AVSM, ADC who now proceeds to Vishakhapatnam and takes over as the next Flag Officer Commanding–in–Chief of the prestigious Eastern Naval Command.
Vice Admiral Suthan returns back to New Delhi after a highly rewarding and successful year at the helm of Eastern Naval Command. A smart guard of honour followed by in –office ceremony signified the handing over.
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Posted in Defence | No Comments »
Wednesday, April 30th, 2008
Hindustan Zinc Limited announced that it has successfully completed its 88,000 tpa zinc debottlenecking project at the Chanderiya and Debari smelters two months ahead of schedule. The total metal production capacity is now 754,000 tpa. HZL has already enhanced its ore production capacity to 7.1 million tonnes per annum.
The successful completion of the debottlenecking projects, together with HZL’s recently announced brownfield smelter projects, will increase total production capacities of zinc and lead to 1,065,000 tonnes per annum and make HZL the world’s largest zinc-lead producer by 2010, with fully integrated mining and captive power generation.
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Posted in Commodity and Energy | No Comments »
Wednesday, April 30th, 2008
Central Board of Film Certification certifies films as per the provisions of Cinematograph Act, 1952 and Rules and Guidelines framed thereunder. Scenes which are violative of the provisions of the Act, Rules and Guidelines are deleted. While certifying films care is taken to categorise films whose contents are not suitable for minors as ‘A’. The guidelines inter alia stipulate the following.
Anti-social activities such as violence are not glorified and justified.
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Posted in Movies | No Comments »
Wednesday, April 30th, 2008
BJP say’s that the UPA government has unleashed inflation as an un-legistated tax on the ordinary people. The NDA government had built huge rice and wheat stocks during its tenure. This helped to tackle inflation and shortages.
For example in the year 2002-03, the grain production fell to just 174 million tons as against the normal production of over 200 million tons. Because the government had built stocks of 65 million tons there was no shortage of food grains or inflation. (more…)
Posted in Politics | No Comments »
Wednesday, April 30th, 2008
Stepping its attacke on the Finance Minister for populist policy when nearing the polls, BJP president Rajnath said The loan waiver is a disaster. Still the FM has to tell the nation where from he got the figure of Rs 60000 crores: he is still to tell the country where from he will get the money to accomplish the waiver. Most media has exposed the waiver as a deception. The amount of waiver involved is, according to un-denied reports only Rs 23000 crores. The reports also cite the RBI data to show that only less than half of the farmers took loans, and in that most of them borrowed from private lenders and of the bank borrowers 70% of them paid back their loans and only a small minority delayed the payment. So the so called benefit to the farmers is very minimal.
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Posted in Politics | No Comments »
Wednesday, April 30th, 2008
In a scathing attack on the UPA Government, the main opposition BJP says that “Any Prime Minister who believes in the principle of accountability and respects the canons of parliamentary democracy would clarify his position in such a matter in the two Houses of Parliament. It is the duty of the Opposition to raise this demand — which we are discharging. And it is the duty of Prime Minister Dr. Manmohan Singh to make a statement in Parliament — which he is not discharging.
The Prime Minister is duty-bound to make a statement in Parliament on two counts. Firstly, as the head of the government, he cannot shirk his responsibility over the misdeeds of a member of his Cabinet. Secondly, he is answerable to the actions of the PMO.”
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Posted in Politics | No Comments »
Tuesday, April 29th, 2008
Recognising the need for a dedicated and user friendly website that can provide requisite information to people related to urban water supply and sanitation at National level, CPHEEO website (http://cpheeo.nic.in) is launched here, today.
Central Public Health and Environmental Engineering Organization (CPHEEO) is a Technical Wing of the Ministry of Urban Development, dealing with urban water supply and sanitation at National level. Urban water supply and sanitation (UWS&S) is an important sector related to public health and economic growth of country.
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Posted in Human Resource | No Comments »
